tv Markus Lanz Deutsche Welle January 25, 2021 9:30pm-10:31pm CET
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one fund that one little bit to give them i had serious problems on a personal level and i was unable to live their lives i'm going to. want to know their story and for my goods fair fight against reliable information for margaret's. here. of the 3 corona virus vaccines currently in use to were developed here in europe you may think that gives europeans a home team advantage when it comes to getting back to nate where you'd be very wrong astra zeneca and pfizer have both cut the amount that they promised to deliver today the european union demanded an explanation from astra zeneca that answer is now fueling suspicions that doses purchased by europe for europe are being diverted to buyers outside of europe i'm pretty tough and this is the day.
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to close of. printing printer. which i consider the people burning cars because the most urgent task facing the us. when he says it is a. funding inequality has grown almost every country in the world in this and any period any global social security we need transparency communication and we would nation grecian. also coming up it was 10 years ago when the arab spring arrived in egypt triggering protests powerful enough to unseat president hosni mubarak but did they have the power to replace his rule with democracy.
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divines position than to any get the kill. he doesn't actually need. isn't it. to our viewers on p.b.s. in the united states and to all of our viewers around the world welcome we begin the day with europe's coronavirus vaccine supply shock it has been a month since the 1st vaccine was approved for use here in the european union to say that the vaccination rollout since then has been slow would be an under statement government bureaucracy is being partly blamed but the main focus is now on the pharmaceutical companies producing the vaccines today the european commission demanded an explanation from astra zeneca after the company announced a large cut in the amount of doses it will deliver to europe astra zeneca has vaccine is expected to be approved this week for use here in europe now the timing
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could not be worse the explanation for the shortfall it didn't help matters either now germany is calling for all vaccine exports to be licensed to make sure vaccines are not being diverted and this is all happening as the variants of the virus spread faster in faster we have this report on one clinic here in germany that is now under quarantine thanks to a viral very. no new patients not of visitors for at least a full nights and 111500 staffan 400 patients in butlins whom but clinic and now in quarantine. it's not nice for the patients they're not allowed any visitors i'm really sad my daughter is inside she's waiting for food and drinks and i can't go in. the hospital's closure comes after 14 patients and 6 staff members tested positive for the highly contagious new coded 19 strain that originated in the u.k.
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stuff who tested negative only allowed to travel between work and home all patients and staff will continue to be tested but things aren't looking so good yes there you can the 1st results are starting to come in now and we are not optimistic we hope to have a better overview of the situation in the coming hours and days but we can already see that the number of cases is increasing as optimism in the us to fight such tight it's a blow to the government which is already facing criticism for extending the lock down and for a slower than expected rollout of vaccines and now the german interior ministry says it's preparing for possible attacks on coronavirus vaccination centers vaccine shipments all vaccine makers by anti of axis and conspiracy theorists germany's health minister is trying to reassure people and says the government say has to
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offer all germans the job by the end of august. even though we are at the peak of the pandemic now we have started a way out of the pandemic i know that many people feel it's not going fast enough and i too would like to have more vaccines available more quickly so that more people can get vaccinated. bond has also now announced germany will be the 1st e.u. country to use an experimental antibody treatment to fight the virus that's the one donald trump took to help him recover from coated 19 he said it made him feel fantastic. the german government's no doubt hoping it'll have the same effect on people here you're going to beat it we have the best medical equipment we have the best we're germany and the rest of the european union are pressing to get more vaccine doses delivered german health ministry and spine says he wants to see fair
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treatment for the e.u. he spoke today to de w.'s chief political editor mcculloch. with me now is germany's health minister again spawn mr spawn so well you know i asked the european union to implement a registry for the export of vaccine outside the european union fence if and if and when they get it would be a good idea if companies had to obtain a license to export vaccines so that we can monitor which vaccine leaves the european union after having been produced or bottled in europe by the licensing does not mean bishan of exports but that they are at least in need to be registered and approved and that will happen in many cases that it is approved we do not want to keep everything to ourselves but i want things to be fair so that when there are supply problems the impact is felt by everyone not just by the european union this is an area where we are somewhat uncertain at the moment whether the consequences
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of problems in production even be distributed for fun put. in the united states is following in america 1st policy ensuring that u.s. citizen gets fascinators before those exports take place does it do you know what to follow and you 1st start to see news and skipping a meal no i'm talking about a fair share that we have a fair share of the material that we financed in advance after all in almost all contracts that the european union negotiated we invested hundreds of millions of euros in advance so that production capacities could be established so it is not a matter of being inferred. just it was a matter of being fair i think that was the point you're going on but of course we as europe as the european union as the german federal government always stressed that we are also thinking about the supply of vaccines to the rest of the world stuff that in the end we are developing vaccines here in europe in germany for the
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whole world that's here it is our goal that others to profit as soon as possible but one thing remains true i can't tell german and citizens that vaccines produced in europe are available all over the world but not in europe. and when over person in your nation minister thank you very much for the interview. at this time of year every year the business and financial elite of the world come together in the swiss alps for the world economic forum but this year the pandemic well it has changed almost everything no face to face meetings no snow no swiss alps or the world economic forum it began today virtually in topping the agenda the pandemics impact on the global economy chinese president xi jinping delivered today's opening address for the 1st time in history and economists all
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regions have been hit hard at the same time with global industrial and supply chains clogged and trade and investment down in the doldrums. despite the trillions of dollars in relief packages won't wind global recovery is rather shaky . and the outlook remains uncertain we need to focus on current power it is unbalanced covert response and economic development. macroeconomic policy support should be stepped up to bring the world economy out of the woods as early as possible. well for more i'm joined tonight by a familiar face to our viewers economist irwin call you're here in berlin or it is good to have you back here on the day is the chinese president is he right is the world focusing too much on covert 19 relief and not enough on economic relief.
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this is a world where you have to walk and chew gum at the same time so with economic policy it's not really an either or proposition what we certainly know is there is a huge political demand for relief in democracies this will make the difference for elections and politicians will respect that this does not say that there are other things that we could. could do and i think what's really important in all of this is to realize we were hit by 2 things we are just coming out of hurricane donald trump. what that meant also for international trade arrangements multilateral cooperation. that this is created a huge uncertainty and on top of this then we get the frictions that are have come
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between countries when it comes as we just heard when it comes to such things as the distribution production how one will handle the entire covert response to difficult times and the idea that there's going to be a silver bullet and that we are using the word no we have to do it all we really have to worry about relief but at the same time we have to make sure that aggregate demand is ready to go and actually things are looking much better given the prospect of widespread vaccination you know 6 months ago we didn't have that and if you look at the forecasts made by institutions like the world bank. just the growth estimates for 2020 within a 6 month period have jumped up by a percent for the globe 2 and a half percent for the united states these are improvements over what they saw
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their drop of course during 2020. but growth is on the horizon and there are frailties that we have to worry about you know relief means a lot more debt is going to be accumulated and how you earn wind those positions is something that has to be thought about seriously but if we do not want to make the mistake of bending gauging in an austerity policy right at the time when we're climbing out of a covert induced recession you the chinese president today he sounded like the champion of multilevel is amazing globalism and i guess a cynic could say that china is worried that western companies will pull out and the longer integrate china into their supply chains are you a cynic. well let's just say you know hypocrisy is the tribute vice pays
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to virtue and when you hear most politicians talking about sort of a liberalizing the global order there is probably a mercantile list. in the background worrying about actually things that are not win win but i win you lose so you know i i share the cynicism. with respect to these simple declarations that other countries need to become the multilateral this is something that everyone is going to be called for and everyone has to meet the same high standard . and all of the discussion about different countries different cultures different histories means we each have our own multilateral point of view nets not going to cut it there's going to be one. and we have to strive for
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a consistent multilateral cooperation cool ordination as we go forward and i would not count on china in the long term by any means it's simply talk is cheap as we all know yeah a report came out today erwin and it says that in 2020 foreign direct investment in china exceeded foreign direct investment in the u.s. for the 1st time ever is the pandemic to blame here. there are plenty of things going on i wouldn't focus solely on that long term growth prospects china will be supplying intermediate goods to a lot of the world market it has a huge potentially huge growing domestic market it is a place that has euro out to acquire equity stakes that.
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businesses will want to get on board and actually there's been liberalization in china and perhaps what we're seeing is much is it's become easier to own an operate for be a partial owner an operator in the chinese market than it was before so it might be a a legal liberalization that is a count that this demand to. invest for direct foreign investment in china probably was just on satisfied the pandemic and money back seems you know they're getting a lot of attention at the moment the big question today just how many doses of the vaccine could the world's billionaires afford take a listen to this inequality has grown almost in every country in the world and if endemic period and what has been so shocking is then men and billionaires have made
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half a trillion and many areas so that if enough to vaccinate you could buy back since the vaccinate the whole world i know the prevent anybody from falling into poverty so what is more shocking here that 10 men have enough money to vaccinate everybody on the planet or that men were able to earn half a trillion dollars while the rest of the planet is worried about unemployment. it just is not in my opinion a long run stable way to go for private ownership in capitals economic arrangements that kind of inequality. where there are such screaming needs for actually a larger participation on my tax side but a lot of these problems would go away in countries that treated accumulated wealth
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. more seriously tax revenue side meaning increasing taxes. and i think that would be required for such systems to have the allegiance to keep mobs from organizing and. the incentive to march with pitchforks and torches. on wall street or lombard street. would be much less if people felt that in fact the game was played where everybody gets a share of the growing prosperity and that feeling is certainly not been there for more than just the epidemic this is been a longer trend. that we've been living with yeah yeah i think go up people would agree with you we've seen too many pitchforks recently economist early call you're
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joining us tonight as always we appreciate your time and your insights thank you. thanks for having me. egypt is marking 10 years since mass protests erupted across the country and led to the el sting of longtime president hosni mubarak the uprising was part of what became known as the arab spring at the time it was seen as the dawn of a new era for egypt that was then and now a decade later many of those who took to the streets say little has changed. they cruel it's the day of broth. and day that still thousands descend on karros taffy is square to demand president hosni mubarak who drove to egypt for almost 30 years leave police and security forces cracking down
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hard in just a few bloody days hundreds dead and thousands more injured. but 2 and a half weeks after the start of the january 20th levon protests jubilation. mubarak is out. 6 months later the muslim brotherhood takes power with islamists mohamed morsi elected president. a year later he too is gone in a military coup. in the weeks that followed hundreds of his supporters are arrested. and many killed it grow into seeable but the coup was led by army chief general abdel fattah el-sisi by 2014 he is president el-sisi has done all he can to silence any opposition.
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and of to changes to the constitution he could stay in power until at least 2030. for many the hopes of january the 25th 20 enough and buried somewhere here in town he is square. religions have certainly seen a lot in the last 10 years to talk about that i want to bring in sara yorkies she's senior fellow at the middle east program at the carnegie endowment for international peace where it's good to have you on the program again walk us through the significance of this day in egypt 10 years ago. sure so 10 years ago today hosni mubarak would been a dictator egypt for 30 years was removed from power at the hand of popular protesters this is something that was unthinkable to people both inside egypt and outside egyptians from across the political spectrum were able to unite around this one goal which was bringing down the barak and so we saw this brief period of
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democratic rule this brief period of hope that was fairly quickly interrupted by the coup that was carried out by the current president of the fatah el-sisi that really ended the democratic transition and sent egypt on a downward spiral over the next 8 years and today we've got sisi ruling the country with an even tighter grip then hosni mubarak before the uprising i mean when you look at the events of the last decade what would you say what went wrong. so i think that 1st of all the people learned a really important lesson which is that they had the power they could actually unseat this 30 year long dictator but while they learned that lesson so too did the region's autocrats and so sisi saw what happened to the bar before him and he wanted to make sure that it didn't happen to him and so what we've seen is that over the past 8 years or so sisi has cracked down on every possible form of opposition from political parties to journalists to civil society activists we've seen today there are about 60000 political prisoners in egypt 10 times that under
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mubarak and so people are scared you know people who might be in the streets in other circumstances are either in jail they're in exile or they're afraid to speak out but at the same time they have tasted that freedom they've seen what it's like to have this taste of democracy and many of them rightly want it back to their grievances still resonate today and i think that the story of egypt's revolution is not over. if to nisa is considered the success story of the arab spring is egypt can should we consider it to be the great failure of the arab spring i think it's still too early to judge i mean the past decade certainly has not been positive in any way shape or form for egypt but as i mentioned i do think that the egyptian people still want the same thing that all of us want which is freedom which is a voice a say in their affairs a better life and so i think right now it's in a very dark period the economy is doing poorly the same grievances that drove the
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revolution 10 years ago are still there but i'm too i'm and i'm a little bit too optimistic to completely write off egypt as a failure at this point u.s. president joe biden has pledged and i'm quoting here to revitalize america's national commitment to advancing human rights and democracy around the world what should he do in egypt. first of all i think that he needs to re-evaluate the u.s. addiction relationship now egypt is one of the largest recipients of u.s. foreign aid in the world and most of that money goes to the egyptian military and i think if you look into this that the u.s. is actually on the losing end of that bargain that egypt actually these us far more than that from the perspective of the u.s. government and so i would hope that the by the administration and the u.s. congress can sort of shift the way that it spends money in egypt you know they can condition their aid on good behavior for example they're going to tempt you that are often written off with national security waivers it's time to end that practice they also need to sort of spend the money where it's needed the most so stop just
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giving this blank check to the egyptian military that's not in an active threat of war instead give some of that money or more of that money to improve the lives the livelihoods of the egyptian people and find a way to actually improve their lives rather than just throwing money down this sort of military sinkhole if you think that's going to happen i think it's possible i think that we are seeing people coming into the administration who at least want to take a look at what the u.s. is doing any jeff it's too often been on autopilot for the past several administrations there were a couple of attempts under the obama administration to try to shift things a little bit but that didn't really materialize the big thing was when the coup happened the u.s. refused to call it a coup and i would hope and i think that there is a chance this administration is going to take a step back and think more carefully about how much money we're giving to egypt and why i know that you have supported the idea of a global summit on democracy should l.c.c. should he be invited if and when there are some it takes place. absolutely not
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you know i think this is a summit that has a real opportunity to reward those people who have made real and consistent right next to democracy and democratic reform and i think sisi is about as far from that ideal as one could get think inviting him would sort of make a mockery of the event and this is another opportunity where the by the administration can stand up for democracy can say there are people who are doing the right thing we're going to support them we're going to give them a platform such as through this summit and there are people like sisi who are not and we're going to leave them on the sidelines until they show us that they're actually committed to democracy which he has yet to show anyone. 7 year he's senior fellow at the middle east program at the carnegie endowment for international peace sara we appreciate your time in your insights tonight thank you thank you for having me. well the day is almost done but the conversation it continues online you'll find us on twitter either at d w news or you can follow me of brant goff t.v. and remember whatever happens between now and then tomorrow is another day we'll
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new year new you know years and years we can hear you and how the last years german sounds that were bringing your uncle our mascot as you've never heard have been surprised yourself with what is possible who is magical really what moves and what . we talk to people who follows her along the way admirers and critics alike how is the world's most powerful woman shaking her legacy joining us from echols last august. the fight against the coronavirus pandemic. how has the rate of infection been developing. measures are being taken. what does the latest research say. information and context. the coronavirus of data the code of special monday to friday on g.w. . imagine how many polish homeless are sold out in the world climate change
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because the story of this is my place in a way from just one week. before it can really do. with the how time to where i'm going. i said. frank food. international gateway to the best connections to road and rail. located in the heart of europe connected to the whole world. experienced outstanding shopping and dine. offers triallists services. bialik asked transferred. managed by from.
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this is g.w. news live from berlin tonight bad blood between the european union and a major corona virus vaccine makers astra zeneca says it is cutting vaccine deliveries to the e.u. where the vaccine rollout has been slow at best we'll hear from germany's health minister and we'll find out more about the role across the english channel also coming up tonight at resigning with an eye on rebuilding report say that italy's prime minister will step down tomorrow with his government in crisis but observers
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say he will be back. i'm burnt off it's good to have you with us we begin with europe's corona virus vaccine supply shock the european union today lashed out at vaccine maker astra zeneca accusing it of not delivering what it promised and it threatened to block the company's future exports the pharmaceutical company says that it is dramatically reducing its coded 1000 banks seen deliveries to the e.u. this as all 27 e.u. countries deal with heavy criticism over a slow vaccination rollout across the channel the english channel britain is having more success when it comes to getting its citizens inoculate. for these british newlyweds a sense of hope and relief 90 year old jeff holland and his 86 year old wife jenny
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got married in august now they're getting vaccinated against covert 19. i think what they're more before. and i don't want anyone to out. but i think it's pretty different. to couple received the astra zeneca vaccine one of 3 vaccines approved for use in the u.k. britain is on course to inoculate more than 80 percent of adults by the end of summer by contrast the e.u.'s a hole would reach only 15 percent at its current pace. later this week e.u. regulators are expected to approve the astra zeneca vaccine which is cheaper and easier to distribute than its competitors but hopes for a quick rollout have hit a snag on friday astra zeneca said it was cutting its the greed upon vaccine deliveries to the european union by some 60 percent prompting dismay and criticism
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for the european union once the order and 3 finals doses to be delivered as soon as possible and we want our contract to be fully fulfilled the european union wants to know exactly which poses have been produced where i asked the senate cut so far and if or to whom they have been delayed that. astra zeneca has blamed the cut on production problems at a plant in belgium but the e.u. health commissioner has called the drug makers justifications unsatisfactory the uncertainty is jeopardizing the e.u.'s goal of vaccinating 70 percent of its adults by summer. we're germany and the rest of the european union are pressing to get more vaccine doses deliver german health minister spahn told the w.'s chief political editor mcculloch of know that he wants to see fair treatment of the
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european new. fence if a new faith in the it would be a good idea if companies how to obtain a license to explode vaccines so that we can monitor which vaccine leaves the european union after having been produced in europe. after all in almost all contracts we invested hundreds of millions in advance of the production capacity as could be established it's not a matter of being 1st it's a matter of being fair fast and unfair. that was germany's health ministry on there talking with us earlier italy's prime minister to step back on today is reportedly planning to resign tomorrow his government has been in crisis after one of the coalition parties pulled its ministers from his cabinet earlier this month observers believe that after his resignation conte will try to form a new government with water parliamentary support are for more now from rome is journalist sima go to see him it's good to see you again so do we know what is
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behind conte's planned resignation i mean after all he won 2 votes of confidence in parliament last week. did win the vote of confidence but in the lower house of parliament that was an absolute majority and quite clear but in the senate it was just a relatively gertie's it was clear even then that he was going to struggle in order to enact any of his policy agendas to pass any legislation and to process any possible votes and it is clear that this decision that came this meeting about news resignation on tuesday morning just before there was supposed to be a vote in part of this week on it and rule report on the justice system and that is perhaps thought that that was not going to pass and before that the media in a possible vote he clearly this decision now to resign or hand his resignation to the president this kind of political shakeup how responsible is this for
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a country that is in the midst of the coronavirus pandemic. now absolutely i mean this is a country that up until now now has lost more than 85000 lives to cope at 19 it's dealing with increases in the number of hospitalisations as well as at missions to the intensive care units the country is in sylvia lockdown in certain pockets in their east dictions in the rest of the country and a vaccination program that we do understand as well is suffering delays of supply and so there are lots of issues to deal with but clearly this came about because of the fact that matteo renzi the former prime minister and leader of that small party meet that decision to cool it support from the government creating this crisis and situation and he has been widely criticized for being irresponsible but clearly now
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mr condit had to make that decision when he saw that he didn't have the support in order to hand in his resignation so what do you see happening after contacting his resignation tomorrow i mean will he be able then to to try to build a more stable government. well that really is the burning question at this moment we do know is that he is scheduled to have a cabinet meeting to tell them of his decision then he will head up to the presidential palace and meet with the president said and hand in his resignation then we'll see what happens will matter a lot then given the possible mandate to create this role of a coalition for a 3rd round of pontiff or will materialize after consultations with the different parties then turn towards another figure another political leader or perhaps even a technocrat if you like a technical government and the possible option these elections but that is
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appearing very unlikely because of course in a situation of a pandemic that the country is facing most believe it's going to be very hard to carry out such an election so we'll have to see what happens in the next day or 2 whether we can see conti come back yet again opera has a whole other different government here and it's been you know lots of questions remain to be answered tonight journalists seem to go from reporting from wrong suma thank you more than 370 migrants have arrived in sicily after they were picked up off the libyan coast by a rescue ship most of the migrants are from sub-saharan africa and many we understand are unaccompanied children the ship's crew says it was a huge relief when they were given permission to dock. the ocean viking. in sicily its latest rescue voyage behind it. after being tested for cool 1000 survivors begin to disembark their voyage aboard ocean viking began after being
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lifted from these rubber dinghies. had left their homes in guinea and sierra leone to cross to europe despite the improved transport they were still in for an unpleasant trip. sunday was very difficult with bad weather and rough seas people get seasick especially children. $165.00 children to be exact many of them unaccompanied 3 pregnant women were also one board. to italian authorities have to coast a libyan officials went unheeded after a tense wait it was finally given clearance to dock in sicily. the migrants must be patient once more miners are to be held in the reception center for everyone else it's back aboard another ship in august where a period of quarantine await. here's a look at the other stories now that are headlines around the world uganda's high
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court has ruled that the house arrest of opposition leader is illegal a judge ordered security forces to immediately leave once property the singer turned politician has been unable to leave his home since elections on january 14th which wine claims were rigged in favor of incumbent president yoweri. kerry has told a global virtual summit of world leaders that president joe biden's new administration will play its role in tackling climate change last week biden signed an executive order returning the u.s. to the 2015 climate accord reversing the withdrawal. well the european union's foreign policy chief joseph burrell has announced that he is going to moscow in early february to press the kremlin on the arrest of russian dissident alexei navalny rails visit was confirmed today at a meeting in brussels where you ministers debated europe's response tune of all
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these arrests and the detention of more than 3000 of his supporters the e.u. decided against imposing punitive sanctions for now the ball is facing 3 and a half years in prison for breaching the conditions of a suspended sentence or he was recovering here in germany from a near fatal poisoning with the nerve agent no we joke. at a press conference after today's meeting burrell outlined europe's critical stance on russia's treatment of the vallie and his supporters that rests not on me and they cracked down and supported us they conceal considered it completely unacceptable condemned mass detentions and police to brutality of the week and we call on russia for that it release of me said not out of me and those detained are you fully conscious mind tension of i think you must cool attending on. a long lasting
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invitation from me as telegraph it's going to take place in defense week of february artistic the story now to our brussels bureau chief and xander phenomenon can even see you alexandra so we've got the european union doing 2 things here sending burrell to moscow but holding off on any sanctions against russia for now why. well according to german foreign minister. the foreign minister's wants to wait and see what happens in legal proceedings against alexina vali he was sentenced to 30 days of pretrial detention and the u.s. apparently hoping that he will be released and now borrello will travel to moscow to further pressure to father a press at the kremlin and i'm told by diplomats that if it's not coming out
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of jail soon new fresh strength sanctions against russia will be on the table again we understand that the baltic states lithuania latvia and estonia they called for harsher sanctions against russia so this response coming from the european union is a you know one well i think that e.u. foreign ministers managed to speak with one voice condemning the crackdown on peaceful protesters in russia this weekend and urging the kremlin to the needs to be released mr vallone however you write the baltic states were pushing for a new sanctions however i am told that other member states were in favor of a more cautious approach among them also germany i think the thinking behind that is that new sanctions right now would do more harm than good when of all is case
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you were talking about the german foreign minister and his reaction to this could we see germany reconsidering the nord stream to pipeline which would bring natural gas from russia to europe or is there still support for this project. well i asked about that a few days ago german chancellor angela merkel said that she didn't change her mind about the projects she has always bag but there is a growing criticism in germany and abroad do you as has threatened sentients against companies participating in this project european lawmakers only a few days ago overwhelmingly voted to stop construction of the pipeline so it remains to be seen if the project is going to be completed but as for now the german government still supports it all right so your chief alexander another with
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elise tonight always under thank you. you're watching the w. news line from berlin up next you go for your business news with janelle she will be right back. to. what secrets lie behind teams want to. discover new adventures in 360 degrees. and explore fascinating world heritage sites. p.w. world heritage 360 to get enough now. how does a virus spread. why do we panic and when will all of this. just 3 of the topics covered and the weekly radio show is called spectrum if you would
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like any information on the krona virus or any other science topic you should really check out our podcast so you can get it wherever you get your podcast you can also find us at dot com and slash science. out there america 1st 1st by american president joe biden's bid to boost the best decline of factory they sound all too familiar to america's allies we take a look at the plant. also on the show future national labor organization warns of a staggering loss of work due to the pandemic we talked to the director general of the aisle o. 2 years after a down collapse left hundreds dead and devastated part of brazil people there are
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still waiting for answers. yes. this is the w. business i'm in in berlin glad you could join us president joe biden has signed an executive order forcing government agencies to buy american as he calls it biden hopes to increase government per curiam and of american goods to boost manufacturing and construction american allies had hoped biden entering office would signal a return to economic liberalization especially with the $600000000000.00 up for grabs that u.s. federal agencies spend in cheer here's what joe biden had to say and today we're getting to work to rebuild the backbone of america and a fracturing unions of the middle class is based on a simple premise that will reward work not wealth in this country and they keep plank of ensuring the future will be made in america that means we're going to use
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taxpayers' money to rebuild america will buy american products and support american jobs our competitors aren't waiting to ensure the future is made in america we need to win not just the jobs today but the jobs and industries of tomorrow to discuss this further our correspondent joins us from new york fans fighting calls of buy american the previous administration called it america 1st what's the difference here really. well one obvious difference is so. well that old saw on you brings you so far as your trading partner course the united states but what clearly is also a difference is that donald trump worked on a lot with tariffs and so here now we have this authors saw that government agencies are supposed to buy american products they're also changing what is
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qualified as an american products or what percentage is actually being built in the united states and just to get an idea what amount we're talking about we're talking about an industry or it's roughly $600000000000.00 so it's about domestic products as well but biden said he wanted to reach out to allies but isn't this just the opposite. oh well yes i would in general i would say so even if the authors or their government agencies are supposed to buy american products is not necessarily new but did not really get in forced them in the past couple of years and then if you look around the globe i mean there is a tendency for him a lot of countries to actually bring their supply chains back into their country is vet is also one argument that the biden as administration raise so that especially the pandemic has shown if you're too dependent from foreign nations and then maybe
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you might not be able to get certain supplies so that it might be a good a deal to bring production from certain items for for certain ira items back to its own countries in this case to the united states car to talking about buy america thank you very much. now the coronavirus pandemic has dealt a crushing blow to the labor market even worse than the one dealt by the 2009 financial crisis you might have even felt it yourself now you've got the latest report by the international labor organization to back you up nearly 9 percent of working hours worldwide were lost last year compared to the and the 2019 if you add up the total work hours last last year we're looking at the equivalent of $255000000.00 full time jobs gone just like that and that work is worth $3.00 trillion dollars in lost wages and not everyone has suffered the effects of this
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labor disruption in the same way women and young people have been especially affected. now earlier i spoke to the island's the rector general guy ryder i started by asking whether he was surprised by anything he read in the report not really because we've been tracking the impact of the virus on the world of work since march of last year and we've seen the impact over the years so what we've done in our current report is make the balance sheet of the whole of 2020 with the results that you mentioned this extraordinary loss of of work equivalent to 255000000 full time jobs but what we try to do is to break that down and say well what are the realities behind that headline figure and what you find is that about harf of that loss of work is due to people working shorter hours sometimes no hours at all but staying in that job and the other half is about loss of employment
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unemployment as such has gone up only i say only by 33000000 but we seen 81000000 people leave the labor market become inactive that's particularly the case for young people and i think that's a very worrying message and it's one the grandmother shocked me when i read this report. so there are obviously degrees to this loss of work now what do you say that enough was done is this high about job losses unavoidable or would you consider it a failure well i think there's no doubt with this is dramatic loss of jobs as you said probably 4 times the employment impact of the financial crisis back in 20082009 but the reality is and i think one must recognize it is that governments around the world have mobilized in unprecedented ways and spent unprecedented volumes of resources to support enterprises to supporting comes to keep the economy moving i think behind that aggregate story again as from very different national
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experiences some countries have the resources the means the access to financial markets to sustain that effort but if you go to the developing world the emerging countries they have much more difficulty and i think this an even notice of the impact of the crisis and the and even us of the capacity of governments to respond to it is one of the things that we have to keep firmly in mind as we look to the recovery ahead now the world's only gather every year for the world economic forum traditionally held in davos in switzerland this year however the forum has moved to a digital format because of the pandemic among the attendees is christine legarde the president of the european central bank she came with a message focused on sustainability there is a very strong by people the. priority
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. for greece in the. northeast won't change under 5. time now for a look at some of the other business stories making news. modernist says it's working on a vaccine against the new south african variant of the current virus the new mutation of the virus is far more contagious than preexisting variations and other news biotech firm merck says it's halting the development of its vaccine as it hadn't proven effective enough in clinical trials. u.n. figures show china was the largest recipient of new foreign direct investment in 2020 overtaking the u.s. for the 1st time the chinese economy brought in $163000000000.00 in investment as the corona virus outbreak spread across the world that compares to the 134000000000
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attracted by the u.s. . credit suisse is among a group of european banks saying they will stop financing trade and crude oil from ecuador the lenders were facing pressure from environmental campaigners who said they've become complicit in the destruction of the amazon rain forest. now 2 years ago today a dam burst in southeastern brazil killing hundreds in an avalanche of mud the down was part of an iron ore mine owned by brazilian multinational valley one of the world's biggest mining companies compensation talks are still underway as so as is the search for those responsible. 2 years after the brunei denio dam disaster survivors commemorate the victims they want justice and for those responsible to be prosecuted. if you lived very well with my husband with
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a lot of love a lot of dignity and hominy the mining company came in and just took it all away from him i want justice i have no words to describe how much pain we've suffered. many will never forget the dramatic images on january 25th 2019 an iron ore mine belonging to brazilian multinational bali suffered a catastrophic failure an avalanche of mud buried 270 people on live and laid waste to villages and farms the region is now contaminated with heavy metals from the toxic sludge several bodies have yet to be found survivors are still waiting for compensation. damaged will show not only did the volleyball mine collapse destroy my family but it destroyed countless other families as well many people died we can't smile anymore because they are. a brazilian judge has frozen the equivalent of $1300000000.00 in the mining
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companies bank accounts as collateral for the damages facing charges are both valmy and employees of a subsidiary of german auditor tooth zoot which answer to find the damage say 4 months before the tragedy occurred. if no agreement is reached by january 29th a court will decide on who must pay how much as well as other penalties. and finally in the world of digital downloads the humble video game store is considered a bit of a relic but that hasn't stopped shares and us retailer game stop from leveling up game stop stocks have a rocketed almost 180 percent from their value on friday morning it's all thanks to traders on wall street bets for a club together to push up the price short sellers who bet on falling stock are furious $1.00 such investor citron research said a few days ago game stop was worth just fine $2.00 it hit
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a high on monday of $119.00. you know what they say don't hate the player if that's all from us thanks for watching. the dream right more freedom freedom and freedom. women are spring. we saw it in 2011 that will be going away for me we're going to. tell me a story of the fight for liberation as told by 3 courageous with. a red carpet moment. 16.
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were all such a ticket to go beyond technology to. take on the world. but all the cats were all of the stories that matter to you. love. to move on please follow me. we are yours actually on fire for. me. like the purpose. for coming to an end. a gigantic coincidence eh get to the previously the earth was just a messy chemistry lab i thought mission cut. where the impossible but
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the true justice of the creation of our solar system with our planet is a bit like winning the lottery the day i saw a little. more earth. start feb 11th on t w. this is state of the news africa on the program today and legal victory for buffy why uganda's high court has ordered the end all be opposition leaders house of racist and as instructed officials. removed the troops stationed at his compound. and will get an update from mozambique sports city of beirut where hundreds have been left homeless just like known illinois hit the region over the weekend. plus the gridlock is worsening nigeria's.
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