mostly it is a book that is what they can cost $1.00 more, they're so cell de, sac, the on january 1st, 2002, the euro was launched. one single currency which immediately facilitated the free movement of capital with the exception of britain, which didn't adopt the euro member states gave up the prerogative of controlling their own currency within the common market, no provisions were made for protecting member countries tech systems. luckily, show up in the u. s. ed. okay, do something funny. the construction of the european union should have been accompanied by social and fiscal legislation that did not happen them. work was only done on trade regulations to combat state monopolies if will, and remove restrictions on the movement of goods vote no thought at all was given to the impact this might have on corporate structures law. but if a company has a space thick in which it can move freely and can locate its production in a country where employees cost less. sure, and there are fewer social security contributions and non wage labor costs. to the,

i'm wondering then it will set up its production there. that was, if there are no taxes on intellectual property in another country, if that's a bits holding company, they're presented as a result in the e. u has created a new set of structures for corporations, including internationally, operating french corporation to the will, p competing will posse, and at the last minute to keep friends attractive to its own professionals. the government began granting special fiscal dispensations. this led to a boon in tax exemptions. ah, liberality to belong to brazil prism pre so true to fit do all assertions are becoming increasingly powerless due to the strong influence of you legislation. so no one of the few ways to respond to the demand for tax cuts i did is to give tax. great elders is easy to do those of us just passively through. and thus i was being daniel deacons is a political tool to serve tax cutting interests. so the problem,

unfortunately category is that only a few benefits result. isn't that the general public kiki does not benefit the fuel? delta intelligent ha, sissy stay. systems are very complex and leads great justices lives on who sees how tax expenditure amounts to a 100000000000 euros. so me as one parliamentarian put it in a nutshell, me about behind every tax li park looks a dog. l. yoshio the old principle of fair taxation, a legacy of the french revolution began to disappear. meanwhile, the quest attacks optimization opened up new horizons for some legacy bricks. edison fragment that if the rules are compton to them only ensures that they pay as little tax as possible, could you? they basically just make use of what the legal framework as a liar, look them, it, ah, optimization of large corporations had a direct impact on the people who have all g 8 in g,

20 countries support multinational corporations playing labor markets off against each other. the global north against the south. the so lame remaining competitive in the unemployment rate after reunification was 12 percent chance. broadus government introduced measures targeting unemployment benefits and labor costs and where some parts for reforms were announced. the mit mr. to could be threatened with poverty, dignity, perhaps fee of amish. d for the, of its laws. 3 parts for it was not for the unemployed region. rather, the threat lane consequences for the labor market to such sheely floors as a result of halts for a law. but sir, established itself in germany noted, especially in saxony, amal the landscape g of the state government. at the time, i believe it was to sell. saxony hung off low wage state. look, people work here for less money to get with the white. there are full euro,

6 euro's zexal. these were considered completely normal aside for that was the real consequence of hans fork of an outfit of his head in saxony. unhealthy. what does to the east gym in social model? there were the costs head, the poor 1st. this new ga child and look like does not only the german social democracy that startled social costs as a creed, the security, it's auto applies to the party socially into the social democratic party in frogger scenarios. if it is, if the spanish socialist workers party illness, it is also true of the italian communist, whoever you look on monday, at one point they put for the dilution of neo liberalism or damage in the vast abandon the thinking of the social democrats and socialists of awe with the decline of social democracy in taxation to

redistribute wealth and thus reducing qualities was gradually fighting ah, in 2005 europeans were asked to vote, a common european constitution voted buck balance, and france rejected it. ah ah ah ah, ah, but what is the people's vote was so just the movement of goods and capital bill, place of the treaty of lisbon was signed and the treating that was rejected by voters this, the damage, this would have consequences. but 19 the yellow vests i'm convinced that democracy wasn't really working ah, vote a new

e u treaty that is inclusive and it does not distort the outcome of the vote. a new dish. and that also allows for referendums, no more invisible, appease. they should talk with the citizens, one term only, abolish the constitutional monarchy. the pests revived political debate from crisis to crisis. and say, politics became more and more clear in the financial crisis of 2009. my day was globalization without regulation, phone, or club by zation. thanks to directly good. as i do, you had a rousing effect on market starting with the real estate market. and those banks with the backing of the government's dropped into debt for home ownership, with adjustable rate mortgages. that i guess you need all the ones

who did interest rates rose, benefiting the banks in the market, but hurting debtors home for their mortgages into default on their payments multiplied wide sub prime financial crisis ranking system. what was on the brink, government's rushed to save the banks, keeping them afloat, the public money. what remained of countries welfare states was sacrificed to say the banker's britain was at the forefront of their financial institutions. some of the most powerful in the world. don't estimate the will fate. they chant participation is exactly what george osborne was with his us dirty program. my 1st budget was standing there. i was love us. and i also knew i had to announce and rather surprised the country that we were going to do a whole set of difficult things like retirement age for people hope

to pay the nurses and the teachers flat. increase the taxes that are very rich, people paid all, all these things that are not easy to announce. and i think people were expecting me to do it in print announcements over several years, and i did it in one go. when it duction in germany, the approach was strict finance mister most can show blood in the same course as george osborne neoliberalism was on the rise of at the expense of the most vulnerable. and on up to the though i did what of government mastered the crisis? well, you know, thanks to some great economic achievement. closer by with the use of parts i worked programs you met and aids or many investment program or common of all as well as with incentives for consumption use and investments for social security. absolutely . we mastered the crisis. good demise. them with wolfgang shambler in charge of

germany's finances is fis, it concept was set in stone, strictly balanced budget mechanism to put became part of the german constitution for decade. it was dented, visually with a debt clock is a debt. gov. that's the rich after july, those fees, this debt clock is more of a symbol of the it's of balancing economic performance. while this is simply and the behavior of society we're food stamp and the death clock is based on the idea him that you shouldn't get into excessive debt. that's money that you always have to make sure that i can repay the debt you take on monday of the demon. can these read numbers symbolized easier? i political action is implemented in financial policy, not political news instrument about ox symbolizes the gym, and tax credo of the last decade. would you spending at all costs in a suck? aziz government chose not to focus on reducing debt to sell it to bail out the

banks and the rich. the finance mystery came up with the tax reform, the tax paid by the wealthiest interest in a tax. cat said at 50 percent of their income. i don't want that. yeah, that wouldn't klemmer's i forced into of phasing taxes is a badge ocean you were to were once minister must find other ways to i am old fought for it to do so. you must be able to generate enough political strengths to avoid an excess of lovely leather missile and allow the country to take another pause. it must be efficient with the citizens money if it was all paid too much tass, minute than that. money does not flow until the private sector. the money then does not benefit the economy and does not enable wealth to increased on to be passed on to one's children. individuals can no longer freely dispose of the money they have . i believe. i can again, you this point with

a reduction in social spending prescribed by the austerity policies imposed on the entire european union. a group people was slipping into poverty. so workers endured as therapy, they been restrained pay regina public services were on the other hand, there were subsidies going to the financial sector. say, this barely peculiar world that in an obscene world, really where the parent, when they didn't cause the crisis and finances rewarded than it did, could cause the crisis ah, 2 policies favoring the wealthiest and it, which would have to contribute his well. e member state supported an initiative to say, launched by the o e. c. d. all i get enough on that. you see a microphone took a success in 2009 for the dressing. tax evasion in switzerland looked singly pom

cayman islands. bermuda, given like at least 50 more countries in emmy poodle was due to a strong political dynamic triggered by the shockey thinking crisis in a pallet. what to put leggers? or here's your saw where the governed by right wingers or left wingers set off. we can't get billions of euro's to bail out. bank was under the same time watch these banks help people not pay their taxes from taxation it up or no to be 0, not small except so the g 20 was supposed to make a list of with the late progress since the 1990. yet if, if in which not is any good if i'm poor, if it were as feasible, nevada to pres versus i mean, 13th, 29 was looking back at a very important data gwilym, that what our government and the swiss federal cancelling if a press conference and announced that from now on, let's play with the we c d standard, the book, the theme 26 of the model tax convention for the avoidance of double taxation. did

that even this article says this? does this exchange information and tax matters is good and you cannot invoke banking secrecy. hm. okay. is there convent the exchange of the quasi back 2015 very soon after the dog is switzerland even went so far as to see that we know that this of an automatic exchange of information, but most of them move my go far afield when they're created. tax haven close to home to his companies with tax advantages. oh, oh, oh, oh and oh man, could they me quit tom or sandra? it is not normal for small states in europe to dive at billions of euros in tax revenue from other state. it was which in turn provide the human capital and expertise for europe, who trained the people who then work in these tax havens him equally. not small

states diverting tax revenue, but they are also not compensating at both for the assets they have stolen today, tony tax rivalry within the european union created a tense in balance. after the 2009 financial crisis, the banks was stronger than ever, and she just kept getting rich young people felt cheated. populism was on the right . think ash blow for the you, breaks it into the british government, could membership in the e. u to a vote room is faced off with leave it the latter persuaded voters, if e u was maddening of the welfare state, which it declined since margaret thatcher time. one of the things that i believe people come by indoor was do the 250000000 pounds week to be spent on the, in a chess instead of going to brussels. they come spurious figure. although actually

a lot gate proposal was given to brussels in tax. was that by 3 european structural fun? on the 23rd 2016 and the should in favor of briggs it the north cumberland, formerly a labor stronghold, had tit the scales. oh oh oh oh oh ah, jack is also still divided. 30 years after reunification the bill aussies and vases. oh oh. oh oh is it into the hands the ifd, palest alternative the germany party. bah, bah birch

b point is in our so don't stagger. we have the i sd and germany. i start until are the, the stronger in eastern germany, the ifd, but not because people in eastern germany more susceptible to via the it's the feel that they are socially excluded. i'll ask a grand send their wages along, loosened the 0. renton, the. the pensions are no good. that's in the oh, the living conditions are not good then report. i protest her thursdays are charlotte, charlotte. these are the root of the i as these as s 2 r o, a few foreigners combined with the dissatisfaction with taxes and a estie rose in popularity. and they did turn that briggs at vote in the u. k. and they still disadvantaged parts of the country in the increase in the

carbon tax in 2018 which highlighted the countries divide those because started protesting it was in the yellow vest movement. his political agenda would grow to include other grievances as well. and the software no to he votes, she scan, net yellow vests are a kind of tax reporting to him. it's a reaction to an increase in taxes, which is seen as unfair by a portion of the population really. it goes on in an dormant, with a very high tax per, is in low satisfaction, where the state visa, visa overheated reactions occur. we have well, as we know from the yellow version decision, it is professor that has left us on top of tax on top of tax. that the, the straw that broke the camel's back. yeah. there was already rumbling before that face off. yeah, i did take to the streets because of the carbon tax, but because of the elevator. yes, all they saw, but i many at home were waiting angrily in front of their computers for it was

highly. i've been ranting for ages and thinking when will it all explode on suffolk oh, oh, oh oh, oh, oh, yes. oh boy, i see the people and is dangerous to restore fiscal justice. we. but it was a more moral or destroy it enough with the tax cuts. what not a basic income, especially for young people, aged $16.00 to $25.00, strengthen the civil service, close tax loopholes they are privileged for the rich lady, say, one of the appeal at the end, the decline, the head. is it white discussions in the citizens? me? any way anyone can come and speak, de leon, and when all complaints johnny dash ones, because they were, they were noted and passed on with me. but at the community meeting, we're all the people called very angry therapy. only answers. they got

a hair worth in company. there was no police finances now. no, it was used. no one was beep enough, felicia was it. but that was justified. or what you're asking for. i'm afraid there's nothing we can do. we spend too much as it is of them up of them. it logically follows to take matters into one's own hands and get more control of politics. all these people are demanding more democracy, gentlemen. ah, convinced that they were not being heard the yet. it's mobilized for almost to hear the cause as if their anger were multiple, sometimes contradictory. they principal demands which again, some control in how they were taxed says to be taken seriously to have less and less control over taxation even do that. lesson. cedric eldric elder as lenti o is the linchpin of sovereignty. as we've already shown that all there is no

sovereignty without the pirate attackers different people. now, the middle ages of until the 20th century, if you and now we are experiencing a globalization in a bill is the characteristics of economy. ali lending really that if digitalization of the economy to women the longer correspond to the characteristics of traditional economic activities, economy that we, it, every day we play this or that multinational companies based it is difficult to say well, and since it is not known exactly a group of do not know just where this should be tactless, young. oh, pretty texted theatric legislature. this is the whole difficulty in taxing companies to davil police, their value creation process. oh, yes. ah. trail read a digital revolution created

a new way of accumulating wealth. mm. a group of american tech giants were caching in with hefty prophets and west digital market. unchallenged boost is a good fit in russia. when you use google and type something into the search engine, if you find nothing gets free also please. and again, as i mean, the company doesn't make money because it does that by selling data. but to by definition is intangible and called big challenges and taxation to day is also to capture values that traditionally cannot be captured. is that a lot the kept cuddy shannon redefined it up. the challenge is gigantic unless it is really about sovereignty. hipaa, if we do not manage this dig such as france which have a high level of tax revenue, it will be in great difficulty. it. yes. then there is the risk of this tax revenue will slip away from their territory mcguffey and will be missing from the revenue doctor. and as all to go, there will be great difficulty in finding

a service. does a, maintaining the economic what you'll see also speak it omitted to meet this new challenge. the only cd which is 40 of the wealthiest countries can go to try to regulate economies. the said it have a so a daily defeat, the b c, d that is working to address these challenges for business. you'll develop new veterans. new rules are designed to allow countries to continue to levy their own sack slots with a song and a global view by dishes. there is a lot of money at stake to leave as you see, scan, tax evasion by multinational will mon, the annual non us on do you? oh sure. reset the world over to information. they provide the opinions,

they want to express d, w on facebook and twitter, up to date and in touch. follow us. mm hm. ah ah

ah, this is dw news lie from berlin, russia suspends an international deal on ukrainian grain export. bosco says the move is in retaliation for a drone attack on its navy. the agreement helped to ease the global food crisis. dozens dead in a tropical storm in the philippines. rescuer, search for survivors as floods and lands flies destroy homes. tens of 1000 have been moved to safety. and a new zulu king crowned in south africa. huge crowds gather for the coronation of king. this is due to the royal families, 1st new monarch in half a century. ah . and

a warm welcome to our viewers around the world. i'm michael. ok. we start with news . russia is pulling out of an international agreement which allows ukraine to export millions of tons of grain. russia's defense ministry says the move is in retaliation for a ukrainian drone attack. against ships of it's black sea fleet, the green deal was agreed in july by the united nations, russia, ukraine, and turkey. 9000000 tons of ukrainian grain have since reach export markets, easing the global food crisis caused by the war. staying with the war ukraine, united nations inspectors are heading to ukraine to look into russian claims that keith is planning to use a so called dirty bar president vladimir putin has ordered his defense minister, sergei shaw. go to warn nato that ukraine plans to detonate a low yield radioactive device,

so keep rejects and condemns the claim. ukraine says russia is resorting to nuclear blackmail to divert attention from its counter offensive against russian occupation force. it's elena sofa is executive director of the vienna center for disarmament and non proliferation. i asked her when nuclear inspectors are expected to arrive in ukraine last week. actually this week early is played to national damage entity agents in general, director grossi announced that the inspectors will be sent to the 2 facilities for claim that are developing the dirty pong, so called your bomb. but it takes time to follow the inspectors to reach the facilities where are still in the war situation. they need to go by train or by car, depending on the location where they go. we also need to be concerned about their

safety and security. so they're trying transit to this facility is secured with some military come way or other arrangements. so my understanding is they are on their way and should be arriving any day. so logistics are challenging at these times is how will take that speculation that a dirty bomb could be used has been going on for days. now, how valid is that concern? well, in my personal view on, this is not a particularly well it statement. and so i would have to really come up with any reasonable explanation. why would you grand do that? and typically the plans are to use it on its own territory, but it is also something that i think in mind you probably just in of

a distraction. and this was noted in an attempt to store some of the support for you train the dirty bomb and which is it is literally a rare material bound with conventional explosives. is intended to disseminate radiation, but it's rarely is going to be limited to the level of explosion and maybe a little bit already. the material is usually in can be easily disperse. but from military standpoint, it makes no sense what it would lead in terms of capital to just the people who are killed or affected by an explosion itself. which is like a regular explosive and a contamination of the area. so that is one of the issues with this whole

scenario. but the 2nd point is the 2 facilities that freshman, named as a possible facilities involved in it. and don't even have them relevant materials. they may, i said, that could be used for the dirt on, claiming that they going to use some new materials from this facilities makes literally no sense. and we'll have to end it there. that's a elena sock of are many, many thanks. young. okay. thanks. in the philippines, a tropical storm has killed at least 45 people. dozens more are injured, storm now guys, heavy rains have cause severe landslides and flooding. emergency teams are racing to rescue survivors and to deliver aid. they're counting their dead. amidst

the rubble of a village now washed away the earth beneath their feet. a death trap. as flash, floods churned, rocks, trees, and dirt into a sea of gloomy mud. as rescue efforts continue, authorities take stock of the carnage. now guy unleashed on the southern ma kinda now province amidst the gloom array of light as authorities on saturday, revised down the number of dead after discovering that some had been counted twice with gusts maxine now at around 130 kilometers an hour. it's unrelenting rainfall, rather than the lashing winds that's causing the most damage, not send rescue work, it's scrambling to evacuate thousands of residents in law. but if this he keeps rising, we have no choice but to leave. it will be too dangerous here. either would be nice if the waste a small but they could get very high and sweep off a roof lie to limit the damage authorities of close schools,

cancel flights and suspended ferry services through much of the country. while the philippines is no stranger to tropical storms, seeing an average of 20 each, here, scientists warn they are becoming more and more powerful because of climate change . a grim forecast for a nation where natural disasters ranging from earthquake to volcanic eruptions are already keeping vast regions in perpetual poverty. look now on the other stories making news around the world at this hour. officials in south korea say dozens of people were injured. when they were crushed in a crowd during halloween festivities in the capital, so many of them suffered heart problems. the stampede happened in a narrow street in a popular entertainment district. authorities in somalia, se to car bombs, have killed or injured scores of people in the capitol. mogadishu, attackers targeted the education ministry. the 2nd blast hit as emergency services

helped victims of the 1st islamic group, al. sure, bob carries out frequent attacks, but has not claimed responsibility. the oldest prisoner at the u. s. guantanamo bay facility in cuba has been allowed home to pakistan. safe would a para was detained in 2003, and accused of financing, the al qaeda, geo. hottest group, he always maintained his innocence. us president joe biden and lawmakers from across the political aisle have condemned an assault on the husband of us. how speaker nancy pelosi cliche, they found a man beating $82.00. you old paul policy with a hammer at the couple's house in san francisco. he is now recovering after surgery for a skull fracture, an arm injured cliche. the attack was not random. the intruder was in fact demanding to see nancy pelosi it was here with the pelosi san francisco

home. the police say they found the husband of the us house speaker, and another man grappling over a hammer. the alleged intruder is then said to have broken free and started beating the 82 year old before offices intervened. our officers immediately tackled the suspect. disarmed him, took him into custody, requested emergency backer and rendered medical aid. pull pelosi suffered a fractured skull and severe injuries to his right arm and hands. he's expected to make a full recovery after undergoing successful surgery. the suspect is now facing a series of charges including attempted homicide, as so with a deadly weapon and elder abuse. he's reported to have broken in looking for nancy pelosi, but a motive is yet to be established. enough is enough. is it up every person of

good conscience? nature, clearly an out ambiguously. stand up against a violent in our polish regardless why your politics are all. all of those together as a merc knowing paul and nancy, the families i do. they're tough as they come. we're praying for rob, domestic for his full recovery. nancy pelosi, who is seconded lined to the presidency and one of the most high profile democratic party. politicians in the u. s. was in washington at the time of the attack and amongst americas fee, browl, political atmosphere. she's become the focus of hate campaigns and propaganda. the house speaker is now understood to be at her husband's bedside in san francisco, as coals grove for her and her family to be given more security and protection.

well, south africa is celebrating the coronation of the new king of the zulus. king mrs. yula cause well ethan ne, is the 9th zulu monarch and the 1st to be crowned in democratic south africa. thousands of revelers have joined the festivities in a stadium in durban presidency. ram. a poser has recognized mrs zulu as king of the zulus making his position official. 2 months after he took the through our south africa corresponded adrien creech told me more about the coronation and the historic occasion. as he's the 1st zulu king to be recognized by a black south african liter. absolutely michael or truly historical moment in south africa. the moment the last coronation happened in 1971 under the apartheid

regime. the dark days off racial segregation in south africa. and although the wide minority rule back them acknowledged the existence of the zulu kingdom, they, for example, expected the zulu king to wear a western attire to wear suit. basically for his coronation, we see a star contrast of that to day of the new coronation of the new king, tens of thousands, including the king out there celebrating zulu kasha and of course, wearing the traditional attire. and just to put it in a bit of context, how important is the new nation is in south africa every 5th? south african actually is all it is by far the biggest ethnic group in the country . i drink, clarify for us. what role does the zulu king play today in south africa? which of course is a republic so south africa government controls the traditional leadership in south africa. they acknowledged aids monarchs and also financed them. so these monarchs, including the zulu, have more of a ceremonial rule, but the zune was, as i said, as one of the most important groups in the country. so they do have

a very strong moral authority of the kings, especially the zoo looking. we have seen that in the past, and we've also seen it with the current king, even before he took over the throne. he addressed issues like sexualized violence like gender based violence, like criticizing rides that broke out last year in the region. so he has a strong se people are listening to him, but apart from that, he is also quite both powerful, in the sense that he controls a specific trust that owns 30 percent off the land in question who not either region or where the zulu land is basically based performances, hulu became king, there were reports, of course, of a power struggle for the throne. can you tell us what happened there and how it was resolved? right, so a family feud basically brought up well bought out after the late king passed away . some of the royal family members claims that the current king is not the right as

some even went as far as saying that's the will off the late king was forced. it was a long course battle. over a year. it was played out in public. some say it was quite an embarrassment to the zulu royal family, but hopefully and likely with this acknowledgment off the government of south africa today that this is been used to looking the food will be over and things will be moving ahead without any for the trouble d w. 's audio increase many, many things out in thousands of people have braved rain in time pay for the 20th taiwan pride parade. the annual event celebrates the island status as a regional leader in l. g. b t writes taiwan is the only country in asia where same sex marriage is legal. coming up next, sports life where you can get to know a canyon girl who's taking the international golf world by storm at the age of just

10. yes. 10. i'm michael. ok, thanks for watching. there's more news as always at the beginning of the next step . will you become a criminal? ah franklin. i am ready news with hackers paralyzed entire societies.