tv DW News Deutsche Welle November 3, 2019 9:00pm-9:16pm CET
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you. know. this is the double of years life from opponents and supporters of lebanon's president michel aoun stage mass rallies there we see thousands of anti-government protesters converging on martyr square in the capital beirut calling for the removal of the country's elite and an end to corruption these latest demonstrations come just days after the prime minister stepped down also on the program. saudi arabia's a giant state oil company around cairo kickstarts its initial public offering announcing plans to float on the riyadh stock exchange it could be the world's
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biggest ever stop listing as the kingdom seeks to diversify its economy. i'm from ghana welcome to the program. process there's a return to lebanon straits as they keep up that advance for wholesale political reform the country's been swept by more than 2 weeks of demonstrations against a political class accused of corruption the prime minister stepped down this week but protesters are demanding a complete overhaul of the system of government supporters have also been making their voices heard. rallying around their leader thousands of protesters are pushing back against cries for president michel aoun to step down his backers say the country needs him to root out corruption and to bring economic stability. they have only president isn't to blame for lebanon he's not responsible
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for everything wrong in the country today he shouldn't step down protesters think if the president meets powers the problems will be solved on the contrary if that happens the crisis will worsen for the down there is the image left of. anti-government protesters that disagree for more than 2 weeks they've taken to the streets forcing prime minister saeed hariri to resign. i don't know that that is i didn't want to come out here but the political elites made me do this if they had given us our rights we wouldn't come out. more on that you know. they have a little confidence in the future accusing the government of not only corruption but also incompetence more than one quarter people are in poverty the economy has stalled lurching from one political crisis to another the president has asked protesters for patience. diary we put together
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a roadmap to deal with the 3 points. corruption the economy and a civil state. they are not easy points to deal with only i made any. public opposition against 10 bridges religious and economic divide demonstrators say no good can come to the country until the current system is out of power. couple by rights is saying its biggest protest since a prime minister resigned on tuesday and the w.'s jeff opdyke karim is that and joins us on the line welcome just saw why a persona pulled back on the streets sodomize. people are simply fed up from what's going on in lebanon and they have the feeling that the lead the political elite are not taking them seriously and that's why i did told them you thought because the last 34 days. old protect the queen so you think we already
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forgot that we already are tired you know that's not the case we are going on the street we did we demand a form of the old regime we want you to be changed because you are corrupted by death why do you wear you know i didn't even. get to be over. here to be with everyone what i did like this goes we don't have to give up we have to show them we . have told them that we want change and we have been told that they were not fired good it was a very strong. position in beirut like all gathered together and even when you talk to the people you can see how they are discussing you and it's because. i think that they know we're back. there have their demands i mean we had to you indication of the prime minister but that's not enough they and people who are. our you know the old would be the slogan old the old
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i mean that everyone would. our group corrupted. should not be day i could be paid double if it wanted to do kerning point i would say discerning point it was happening in lebanon to the people and the reason that we have. there was a protest in support of the president how divided is the country yet today and today already today early afternoon you had supporters of the president on one side and then late afternoon you had the protest or who are against the president part of the power and other part of the conflict today is divided you have 2 opinions of what i could eat you from the dream and when talking to people that's probably like i'm sort of level top of the level and i can say step people even if you have the supporters of the president on the street then people who are
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who are against the the departure and was the political system are the majority are the ones who were not given and are don't want to they will be on the street so they are divided but there is a clear direction that the ones who are on the street protesters against the political system they will not give up and it's going to be very interesting to see what's happened what's going to happen the next the next days and especially after today but people. from talking to them i feel i find oppression here is they want to give up just bob dole career and thank you you're welcome. when i was take a look at some of the other stories making news around the world a knife attack in a shopping mall in hong kong has left at least 5 people wounded the suspect reportedly shouted probe aging slogans as he attacked protocol crecy protesters including the local politician the rampage captain of the day
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a violent clashes between demonstrators and security forces. u.n. secretary general antonio charis has used a speech at the ass and summit in bangkok to urge me to solve the hinge of refugee crisis violent clashes with the military 2 years ago so hundreds of thousands of ranger flee to neighboring bangladesh the secretary general called on b.m.r. to facilitate the return of the muslim minority. is exactly a years ago until the 2020 us presidential election more than a dozen democratic hopefuls are currently campaigning in the state of iowa for the chance to challenge president trump a poll just released by fox news puts him 12 points behind his closest democratic rival joe biden. saudi aramco is the world's biggest climate polluter and most profitable company the state owned oil giant he's planning what could be the world's biggest stock market listing saudi aramco sold to be worth $1.00 trillion
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dollars but the i.p.o. could value it even higher only a small fraction of stock will be sold at 1st on the euro exchange in riyadh crown prince mohammed bin salomon he's seeking to reduce the kingdom's reliance on oil. to get more from a cliff it can from d.w. business welcome so tell us more that about the world's biggest oil company well it really is the biggest it's a behemoths it's it produces 10 percent of the world's oil it's owned by the saudi royal family it's fairly secretive in the way it operates and so we've never really had much of an insight into into how it works but it's really a giant by somebody who ations it's worth nearly as much as aapl and microsoft put together and it counts for 70 percent of all the revenue for saudi arabia as well so it's hugely important to the economy too so what does this i.p.o. mean then for the energy market where we need to see who buys the shares that's one thing because if you give us a look into into iran come to see how it works if they do open it up more widely
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internationally climate campaigners right now are talking about you know having less fossil fuel and separating fossil fuel from money so in some ways this moves towards. towards things like. the opposite direction basically and they've constantly bottles efforts to cut carbon emissions so it's going to see more of a focus on fossil fuels rather than less so in terms of the overall energy market in some ways it's going to a different direction from what we've been looking for before and so is that what's behind the saudi arabia's idea of diversifying its economy away from oil well i think one of the things that they've talked about that prince mohammed bin solomon has always said is that they eventually do need to get out of oil they've got maybe 70 years of a. oil left in saudi arabia so they're thinking about a post oil world and as i've said you know that 70 percent of the revenue comes from oil so they're looking at things like. they're looking at tourism in a big way there's been a lot of efforts recently to promote tourism and they're looking at manufacturing
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renewable energy growth and focus on small or medium sized enterprises so they're basically looking for any other way on the other way to generate revenue we've seen places like the emirates they've bought football teams i can see months easy in the emirates airlines and things about having seen as much of that coming from saudi arabia so they've got a lot of pressure on them too they're feeling a lot of pressure now to diversify they do actually have 10 percent unemployment too so it's this overreliance on oil even though it's a very very rich country they've still got a lot of issues economically that they need to do it so well to take in they will say we'll see how that goes from the other cliff a current from d.w. business thank you. breaking news from the world of sports german champions by munich or followed their coach nico cove out with the side sitting 4th in the bundesliga the croatian one of the cup double last season per se $51.00 thrashing at the i'm trapped frankfurt was the final straw for bottoms board.
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and get the latest from mark commandos from a t w sports a mark it was a bad results but you know that so why did he have to go i think it's because this same thing happened last season when he 1st started and they were kind of all over the place but he managed to recover to win a league and cup double so he felt he had created in the bank but i've actually got a statement off the press from by and it basically from. the chairman who he's not his best friend and that was sort of an issue that we knew was in the background that. he wasn't really well liked by ruminated the chairman says the performances of the team in recent weeks and results of shown us that we need immediate change. so that's pretty drastic when actually it's very tight at the top of the boom as they get a little they fall from by i mean i got used to be involved it wasn't so much of a leap for them to get back into that top position so it is slightly a surprise that they've done this now i thought they'd give them
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a bit more time but yeah it's a huge shockwave going through german football tonight and so is this a crisis it is a crisis for them yeah because by me we don't tend to do this i mean they did it with kahlua and to lottie a few years ago it came out of the blue and they they fired him because they do something wasn't right in the dressing room and the players have basically said look this guy isn't working out where they've done the same with kovacs we're not really sure but by a normally give people time but maybe they think because they had similar issues at the start of last season they have given him time and although he won the title last season they feel they've got to make a change now so who is likely to replace him well the statement here says that the assistant coach hanzi flake is going to take over for the forseeable future they've got 2 big games ahead they've got a game against olympiakos in the champions league on wednesday and basically if they win that they're through to the last 16 of the champions league things have been going very well in europe they would all 3 games so that is also why this is a little bit of
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a surprise the other key thing is they've got dortmund their big rivals next weekend so as that sort of played into it but making such a big change before all this is it games is a huge huge risk but maybe they think that's the only way they can kind of fix the scene. here is that this is a crisis or is the crisis the team's performance or is the crisis the club's relationship with a little bit of both i mean sure they lost 51 yesterday but they did have a man sent off after 10 minutes so it's very hard to win a game against a good front side when you have one man less for 80 minutes of the match but even caught himself he said yesterday yeah ok it's going to be hard to win from that point but by i mean it cannot lose 51 you know it was the worst result we've had in the league for 10 years and that has had ramifications now. obviously a long term josie marino former chelsea manchester united real madrid coach he's out of work he's never worked in the bundesliga but i mean it would definitely lela to him so kindly still balance but without a win trophies this season they can but they'll have to make
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a quick decision they can't let it drift because you know we're a good jump into the season now where we're 10 match days in and even the rain it will take him time to get a grip of things but the players of that you know by munich despite the problems of still got the best squad in the as they get it is through the board have to take some of the blame though because they haven't recruited as all the big european sides have in the last few years and that's why they've shifted in europe and we're already seeing only one is leaving the president in just a few weeks he was big buddies of called watch a maybe this is the thing because who knows he's leaving anyway rumah nigger said well i'm going to be the man at the top going forward and i want this guy out mothers from a database for to thank you just recap the news but nick and i have a sat coach and he come come. up next here on the data we have reporter with a look at the 2 women targeted by videos german security service the stasi i just use out of it information is made of course around the clock on the website the
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