tv The Day Deutsche Welle June 28, 2022 4:02am-4:31am CEST
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on our website, d, w dot com ah, for the 1st time it is century russia on sunday missed a deadline for making bond payments, a default which the kremlin has denied. but what does this tell us about vladimir putin cash flow? our economic sanctions biding yes, but not enough. today at the g 7 summit here in germany, a new plan under consideration to choke off more of the revenue that po to needs to finance his war in ukraine. it's aimed at pollutants, cash cow, oil exports. will it work to nights? least for now. it seems that time and money they remain on. vladimir putin saw. i'm burned coffin, berlin. this is the day ah,
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the early on, i'm very consciously called russia's attack on ukraine, a turning point. it's under, in those circumstances. but g, 7 of supporters of ukraine are around the world, the path to continue to help the ukrainians. we will have the ukraine as much as possible. we have to help them to protect them so that it really the leaders of g 7 to have gathered in germany for submit together they have the ability to stop russian aggression against ukraine or doing that before. so avoid that. that would be the conflict being at russia and nato also coming up the united states begins its 1st week post roe vs wade with many questions and concerns if the supreme court can take away a woman's federal right to an abortion. what other rights could it take away? i mean, i am truly married it because you know,
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they start with one and then they come for the night. and we even had them say that they're coming browser. you, i, right. ah, but you, our viewers watching a p b as in the united states into all of you around the world. welcome. we begin the day with the war in ukraine and improving picture for russia. a picture of problems for the west last week. ukrainian forces suffered a major loss in the east of the country, retreating from the city of several don't ask. tonight. russian forces are clearly advancing, closer to their goal of taking the entire eastern region, which is known as the don bass. a tentative sense of calm that had returned to other parts of ukraine was blown away over the weekend. for the 1st time in weeks rush and rockets hit the capital to keep in the western city of levine. rocket attacks sent off air raid sirens 5 times in just 48 hours. now this comes as leaders meeting at the g 7 summit here in germany face
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a double dilemma. western sanctions against russia are not denying foods in the money that he needs to bank roll his war. at the same time, big sanctions are fueling global inflation. voters in g 7 countries are staring at cost of living heights, not seen in 40 years. behind closed doors at the summit, the modern may have been some things gotta give. how much longer will voter support supporting ukraine while their own buying power at home shrinks by the day? we're trying to get some answers in just a moment. but 1st, this report from the bavarian alps at this luxury hotel nestled in that the varian alps talk of war is dominating discussions that this here is g 7 summit specifically options to support ukraine and expand sanctions on russia. in a closed door session via video link ukraine's president asked were leaders to help
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and the war before winter when conditions would become tougher for his troops. this to some disposition that we all have assured that we will continue to support ukraine in its defense against russia, lies what's clear as that war is a deep, deep cut in international relations, illegal and all the rules, all the agreements that we have made with each other by the cooperation of states all has been broken from about from especially the understanding that borders should not be moved by force. jensen ish to provide for sure that sounds can be the one the g 7 if considering capping russian oil prices and imposing sanctions on gold exports. as a way to further target vladimir putin revenue streams while minimizing spillover effects, the war is already driving up food and fuel prices around the world as well as inflation rates. several developing economies have been invited to take part in this year summit to winning working groups focused on energy and food security.
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over more now we want to begin anastasio fedex. she is a member of economists for ukraine, which is a world wide collective working to support ukraine into end rushes invasion. she's also an assistant professor of finance at the university of california in berkeley . professor. it's good to have you back on the day i wanted discuss 1st the plan that came out of this g 7 summit, the plan to hurt putin where it hurts the most of the us says that the g 7 is going to put a price cap on russian oil. is that going to work? yes, absolutely. the price cap is something that i think is a factor that is necessary. and honestly it's long overdue. and our group of economists has been pushing for price cap for about a couple of months now. and it should have been there when you was discussing the 6 package of sanctions as energy prices were rising up on low, we're debating will, will, and will not happen. i'm and it still can be effective now. and the idea that the
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price gap would be able to limit the cash that was, you know, receiving for energy. when dow damaging the global supply i'm and it's something that even a 3rd party or by sender countries can more easily go along with. and because if you is paying on, they say 50 or us are per barrel, what india will be paying 70. now they would. so that's going to allow china and india to continue buying russian oil correctly. who gets to decide their, what the price cap is? yes, so of course the larger the collective countries that st after the price gap, the more effective it's going to be. but even if it's not everybody that is explicitly implementing the price gap, if it's a large enough on part of the world that is implementing price gap, that other countries will have more bargaining power to pay lower prices for. well, even if they're slightly higher than potentially that, do you agree with me when i say that that the sanctions as they have been applied?
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so for since the beginning of this invasion, they have not had the desired effect the desired effect. now of course they have had an effect and we do see that the russian economy is contracting quite a bit with or see how frustrated russians from oligarchs to propagandists are about the western sanction. they complain a lot about them there and the launch lawsuits to get out from them. and so it has had an effect. it has not had the desired effect, meaning it has not taken away either russia's desire to wage the war or its ability to wait for you. i'm sure are aware that the white house has said that russia defaulted on a bond bill that it was supposed to pay by yesterday of the criminal has denied that. what effect, though, we assume it's true what effect with a russian default path. as the main effect of sovereign default in general, is limiting or outright and removing the ability of that country to borrow in the
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future rates are just not, not a credible borrower. people now land, i'm so that's the general effect. now in the case of russian were generally effective. default is not going to be that large. why? because russia is already effectively cut off from most of the western financial system. and our key for russia, lately has been more of a feature and been a bug. i'm, they're not that interdependent, they're deliberately, i've also reputational damage. the default, of course, is reputation, really damaging, but not as much as the fact that russia is waiting. i don't work and so from that perspective, this particular default is not as that big of a deal as it would be. otherwise. finance ministers from the g 7 countries. they are providing 20000000000 dollars in economic aid to help ukraine keep its basic services functioning. basically the pay public workers,
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for example. what kind of commitment is ukraine going to need long term do we know? yeah, so i think the current estimates on, in terms of how much you know, that we're going to need to on, in ukraine to reconstruct and, and, and to continue to function are anywhere from 500000000 to trillion. dollar said it is a large commitment on a long term, and at the same time you have to think about the alternative. and ukraine is only able to continue fighting. we're, if it continues being able to function. and if we actually imagine the alternative of ukraine not being able to continue fighting the war, effectively becoming a 2nd bellows on that country from which russian intimidate, and others can launch attacks, potentially on others. and moreover, if russia takes over the resources that are ukraine, all the issues that we're having now would be exacerbated, and we're facing a food crisis down roughly just blocking ukrainian grain. should russia actually
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take over all that capacity? grain for energy, everything else ukraine, that blackmail potential who's just be greater and of sazia, feather from economists for ukraine. we appreciate your time, your insights. it's good to see you again. thank you. thank you. we're now for a story of one man's unimaginable loss and his demand for justice. in the early weeks of the war, russian mortar attacks, the town of european, near keith, claimed the lives of his wife and 2 children. now he believes his family died because russian forces targeted civilians and now he wants accountability. we have this next report, 1st warning, some of the images in this report. some of you may find disturbing. said he pity been as always, springs flowers for 3 for his wife, for his son and for his daughter. they were all killed while trying to escape the
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russian occupation of that tone therapy said he was elsewhere with his sick mother at the time. that's where he heard what had happened. but generally i just shouted still. i stood on the balcony and just shouted at the animal. it wasn't an accident . they were in the only humanitarian car door for people to leave the city with their despair. that all the russians knew about it. would you like a better horse? the little scare sold, author of a thumbs. neither. the world was watching a new york times photographer took this picture just after said his family was hit . many of the other killings in the area well only discovered after the russians left hundreds of people died during rush and bombardment. and the occupation keith's regional prosecutor has opened more than 4000 war crimes investigations. he's grateful for any help he can git. where's the secretaries look for that? i have to thank the media, know it a little more on his and also the whole on the civil society might see
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a key. but some of their work has already helped to identify many russian soldiers who ought to that have been committing crimes more equal both, but it is part of the operational. sometimes even a crucial part of the evidence that we collect. and oh, it's a snowball e, just a multi look as if it is what i cinema said he. pity. been as is deep in his own war crime investigation. he is an i t expert and these pre war skills help. yes, spent weeks collecting photos, videos of the scene and comparing them with maps on school. it's all to try to find out who killed his family of his notebook. the last 3 jo ann jojo, dinged on. well, i'm not sure if we'll find him yet. the renewal of it, and i'm not even sure the man is still alive, nor was more law. but perhaps with the help of some of musicians, we will at least find out what kind of brigade it was for me. who was the leader
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capable of who gave the order a little stuffy will say a word gets sale, he focus for days and nights at a time. but sometimes his loss is even stronger than his purpose. the young him with a question. i can't describe exactly if in or it's not like it's nightmares. most of it's may be just a situation. do you hear a song or you have some other association or, or think you could keep and that feeling of emptiness can come very quickly to so much was gone. he says he's not going to stop though. lujan, and there is another issue. i will put it simply if people are remembered or someone is working for them, they're still alive him. is that the deal in linux? yes, through surgery. ah. we're from one major summit to the next her head of a nato conference in madrid. this week secretary general, yet stoughton barry has announced yet another way that the russian invasion of
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ukraine is changing the alliance. nato is planning to drastically increase its rapid response forces. we will and hands are battle groups in the eastern part of the alliance. up 2 brigades levels. we will transform the nato response force and increase the number of our high read. this forces to well over 300000 will also boost our ability to reinforce in crisis and conflict. including with more pre positioned equipment and stock points, all military supplies, more forward deployed capabilities like an offense. strengthen command and control and upgrade the defense plans with forces pre assigned to defense specific alice, sorry. my colleague christy mom,
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when she joins me now for brussels to talk about what's going on here and native. let's talk about kristie. the numbers here. first nato's rapid reaction force. currently numbers, 40000 troops. nato wants to boost that to 300000. how's it going to do that? yeah robin, this is all part of a native new strategic concept that is a 10 year plan that the allied members will be agreeing on add. so there is some is coming up in the week. a key component of this new plan is a increasing defense capabilities. effectively what this is, is nato are increasing the number of troops at the ready that can be deployed air very quickly in the event that that becomes necessary. a recent announcement by germany sorts of gives us an indication as to how that's going to go. so across the alliance, you will see increased numbers of troops and that will be stationed in their home countries. they will be training with their home defense,
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our forces. but of course, these troops are specifically designated for the nato response force. and in the event that it is necessary, they are sent to a territory to a terrain at that they are familiar with. so for example, of the recent announcement, jimmy, that i was a say a citing and these troops would, for example, that form part of that brigade be deployed to lithuania. this is coming at a time brent. when we see a members across the alliance increasing their commitments in terms of defense spending. or we also saw in a recent poll in the run up to the summit, that there is widespread support across her citizens and nato countries. for that, it is all in response to russia's invasion of ukraine. we've seen an increase in battle groups in the size of battle groups, the number of battle groups. the u. s. for example, has sent additional troops to the tune of up some $40000.00 to europe. all of this, of course, is nature saying that we are responding to an increasingly dangerous world. and what about new expansion? we norgard sweden and finland want to join nude are we also know that remember
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turkey standing in the way of their going there? was there any hope of movement on that front this summer in bedroom there? so do you going to be movement? are brent in the way of a meeting are we know that at the sweden's prime minister, the finish president and a turkish president are going to be meeting i add to this summit, nato secretary general and sort of bo, dampened hopes that there would be some kind of a breakthrough at this particular summit, a very different june 2 year, the swedish prime minister magdalena anderson, who spoke at a press a conference sir alongside the nato secretary general. she was expressing more optimism, add that the issue were turkey would be resolved it. it essentially comes down to turkey's accusations, or that the baltic states are sort of supporting or that terrorists or groups that turkey has designated as a terrorist, sir, for his part, speaking ahead of that, the summit took his president, said that he would be doing everything that is necessary to,
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to shore up the interests and the rights of turkey. there is optimism about the fact that this issue would be resolved. and nato secretary general is always saying that, you know, this is an alliance of 30 members. there will be disagreements that have been in the past. the issue will be resolved, but perhaps maybe not the breakthrough that people would be expecting at this summit or later in the week. here we will definitely be watching to see what happens there in bedroom. you'd abuse chris, remember, wiggly, used to live in brussels, christine, as always, thank him. ah, went out to the united states in the post roe vs wade arrow over the weekend. there were protests across the country following fridays supreme court decision to overturn it's 1973 road versus wade ruling ending almost 50 years of federal protection of the right to an abortion. since friday, some states have banned abortions altogether with laws triggered by the court's ruling. a new poll shows that a majority of americans do not approve of what the court did on friday. there are
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also worries that the court has now opened the gate to ending federal protection for other rights, such as the same sex marriage. think we realised that we need to band together women people of color and l g b, t, people to santa for rights that there are people that are threatened by us for whatever reasons, you know, and it all stems from hate and all stems from fear and k l, this unfolds and it's made me very active and very nicely. what can i do? and i think everyone should be asking the question and then with what he's doing or, and what do you have in india that were joining me now is michelle goodwin. she is an author and law professor at the university of california, irvine. she is a sold after speaker on human rights and women's equality. michelle, it's good to have you on the program. you've had a, a couple of days, a weekend to, to digest what the supreme court did on friday to what's your take on where it's taking the nation. it's taking the nation in
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a dramatic downturn. what we see is the eclipse saying of the rule of long and significant damage to the american democracy. not just by this opinion, but the supreme court, other the decisions with regard to gun control. we see this in the wake of the storming of the capital last year and an attempted coup to overturn a legitimate election. all of these issues have to be seen in connection and not in silos. and quite specifically, there are people that wake up today where there is a divided nation, where there are free states, where individuals, bodily autonomy and privacy will be respected. such that they can get the reproductive health care that they want deserve and need. and there are other states, such as in mississippi, missouri, texas, et cetera, where there will be abortion outlawed criminalized and with several punishments in
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those states. sadly, in many of the state, there are 26 states that will be in ban abortion outright or significantly. so, and many of them are making no exceptions for cases of rape or incest. and so today there are girls who are at 101112 years old who've been raped, and in those states they will be forced to become mothers at 10 years old, 11 years old, 12 years old, unless they can get out of that state and get to a place of freedom where they can get the reproductive health care they seek. do you see this being a one off, if you will, or do you see the supreme court maybe opening the gates to changing its own decisions? in other court cases, i'm thinking about the, the right to access to contraception. i'm also thinking about same sex marriage. could those rights be taken away? well, they certainly are vulnerable. the most conservative justice on the court,
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clarence thomas, who cited with the majority road a concurrence, and he took the effort to write and saying that he believes that those decisions should be revisited. but he's not alone. there are legislators in the united states in congress, and as well as in states that have already banned abortion, that believe that he's right and that they should in fact revisit contraceptive access. i and there's already been the efforts in the states to stigmatize shame and impose penalties against either l g, b, t, q kids trans kids and even their parents. and so there is much at risk now, even though in the majority, they say that contraceptive access will be protected. and even though they say that marriage equality will be protected, it's hard to take that seriously. considering that one of those justices says that he's ready to overturn those matters, as well as the justices appointed by former president trump. and
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2 of them said under oath that they considered roe vs wade to be finished business . and then senator collins from maine, she have said that she was misled by brit cavanaugh about his intentions before he became a supreme court justice. people around the world look at that. they ask ok, so you've got a supreme court justice. you may have lied in order to get his job. is there any legal recourse there that could be taken against the supreme court justices? well, we found that very hard to do in the united states, short of actually having ethical rules that the justices must abide by i. it is quite alarming, actually, that throughout the profession and even among students who are in law school, they're held to an ethics standard. but the supreme court is not there is no enforceable mechanism at this point. sort of there being some form of internal
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sense. sure. but there isn't a kind of ethical guide, but that the supreme court must abide by. all right, so there's no way then that we could hold them to account for lying under oath. wow, i mean, well, i mean there could be impeachment and it's a very good question that you ask. unfortunately, given the political partisanship in the united states congress, there would be some who don't care that justice cavanaugh lied under oath or that others misled the senate judiciary committee and senators because what they've gotten out of this is exactly what they sought, which was a supreme court that would overturn roe v wade and also other precedents along the way. so to the extent that there are senators who otherwise could entertain impeachment,
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but who are satisfied by what it is that they got out of this vote from justice cabin. i think they do very little. yeah, unfortunately, i think a lot of people are going to have to agree with you, but that is the, that is the state of play in the u. s. politics at the moment. michelle goodwin at the university of california, irvine. it's great to have you on the show, please come back and talk again with us. we appreciate your time and your insights . thank you. i look forward to it. thank you. of the day it is almost done, but the conversation continues on line. your fingers find this on twitter either at the w news, you can follow me on twitter at brent golf tv. every member. whatever happens between now and then tomorrow is another day. we'll see that it with
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