to hulu, so there, hey, i have to do it. he was one of the most prolific authors in the music history. he composed works for a string of stars from dusty springfield to tom jones city on warwick. he produced dozens of hits including walk on by. i say little prayer and raindrops falling on my head. and jo slug the god, lucy got to the fall. he is bare with that you're up to date on t. w. news. thank you for joining hulu. you ski about the movie on douglas renewable energy out of media, me global law. go up, garbage. somebody get abo scobee and was out and i can yoga or media. yay. but sure to lit up. jo, media dog are currently more people than ever on the move world wide in such a better life to ya. videos, when they came te mackwood on

a la guardia pier megs of appears in the original. does our piercer managed to school or that was moved that he gets expose? go to lunch for a minute or find out about ali story info, migraines, reliable news for migrant. wherever they may be. someone else to the hard work t. v highlights selected for you. you every week in your a box. subscribe now? ah, i'm stephen beardsley in berlin. here's a look at our top stories. the economic toll of monday's earthquake begins to emerge in turkey and syria getting aid where it's needed most could be difficult. employees pain is investors gain shares and disney initially hit recent highs after

it announced new job cuts and brushes. banks have fared surprisingly well against western sanctions, but they'll need new strategies as the war continues. will hear from an expert welcome to our show. rescue efforts in turkey and syria are continuing after monday's devastating earthquake. even his hopes are fading, that there are still many survivors to be found in the rubble of promises of economic 8 or meanwhile pouring in. the need is queer, countless victims are now homeless. the scale of aid is meanwhile unclear how the money will get to where it's needed. is also an open question. first aid has arrived in turkey from all over the world, but not enough by far in the long run. according to the world health organization up to 23000000 people are affected by the earthquake, they will need new accommodations. one of the biggest challenges is building enough housing within a short period of time. it's difficult to estimate the cost of the damage. experts

refer to earlier examples like the 1999 earthquake in the ist unable area. that earthquake was creating costs, approx 20000000000 rattle. now this old quaid is, has a much larger scale in terms of spatial, a range of cities affected. so the costs are very likely to be much higher in syria. the situation is even more complicated, access to humanitarian aid is not directly affected by sanctions against a country, but if there are private companies involved in a providing them because of the uncertainty whether they are allowed or not, to support a people in the country, there's a huge reluctance in the private sector. this can be circumvented. a government just overtake the logistical issue. the united arab emirates says it will provide nearly $50000000.00 to syria. china sending $4000000.00 to the government there.

and germany is increasing its donation to charities working in the country by $1100000.00. the political situation in the country could complicate access to aid . syria has been suffering from a civil war between the government and rebel groups for 12 years now. many borders to neighboring countries are closed. humanitarian aid can only be delivered over certain designated border checkpoints. serious president bashar al assad could use a humanitarian cause to try and loosen economic sanctions on his regime in return for opening up more borders. let's good out of some of the other global business stories making headlines. toyota says it's 3rd quarter profit fell 8 percent to $5200000000.00. but the japanese company is keeping its full year forecasts unchanged as the cheaper yet helps offset soaring material prices. toyota retained its title as the world's top selling car maker over volkswagen last year. despite

industry why production setbacks caused by chips shortages south korea's anti trust regulator has imposed a combined fine of 31000000 euros on 3 german car manufacturers for using diesel emissions. cheating software. the regulator said the volkswagen b, b m w and mercedes colluded to reduce competition and restrict consumer choice. the find was smaller than expected. in india, central bank governor shock t cantor das says the lender is raising its benchmark interest by $25.00 basis points to 6 and a half percent. and that's the 6th increase since may when it stood at 4 percent. it's also the smallest, but dar said he was keeping the door open for further tightening disney shares initially hit a 5 month high after the company announcer would cut $7000.00 jobs worldwide slash costs by 5.5 $1000000000.00. a disney says it will spend less than producing films

and series following similar announcements by at warner brothers discovery and netflix. let's guardian's quarter in new york. ah, yes sir. big announcement by disney cost cutting, job cutting, and yet the share price then goes up to the sir recent hi. how do we explain this their wealth, even sometimes some investors on wall street are a simple mind hits or whenever they hear cars cut, that is the and as a positive actually, that had been a pretty aggressive push from some activists share holders to lower costs than disney is doing so we're talking roughly about $5500000000.00 over the next couple of months or so. but then also if you look at the numbers, they're both better than expected. and we had definitely also some areas where a disney was really showing some strengths, especially when it comes to the sector parts and experiences. so also

a cruise ships are part of it. so there was a profit and revenue increase in that section alone by more than 20 percent. and then also, if you look at the streaming business, disney plus losing some subscribers, but less than expected. so bottom line, less costs and the numbers a bit better than expected. and that, that the trick, at least early on in this is this needs a 3rd restructuring in 5 years. what exactly is it trying to get rights or what has it been getting wrong to this point? or? well, i mean, steven, it's definitely been quite a ride to him in the past couple of years. so my mean bob eiger, the a c o. m, who made disney, what it is today was all those extras that the ex acquisitions were so picks up is above all with some of the lucas film and studios. i mean, he m stepped down in the beginning ever where the pandemic started and bought a chic took over. he was quite successful too. especially in those tough

a pandemic time. so to keep a disney afloat. also making definitely quite some progress with parks recently. but he never got really warm wrist, the creative team, and this is what bob eigen now wants to change. so he's back at the top of disney since november of last year. so that is definitely one part of where disney is focusing on, saw to let the creative people having more freedom and tried to create as much content as possible and also possibly, or hopefully he for a not too high of a price for a ins court in your thank you. western sanctions to punish moscow over the war in ukraine have crippled parts of russia's financial sector. the banks have done better than expected, but they still faces struggle going forward. this week, the head of russia's v t b bank said its losses last year were due entirely to sanctions. last year russia

had $100.00 loss, making lenders as the sectors, profits slumped, a whopping 90 percent. earlier i spoke to alexander lindman. he's a professor of russian and east european politics at the free university of berlin . i asked him if russian banks are struggling specifically because of those sanctions versus ancient certainly have an impact on the situation of the russian banks, but i can see that they're really struggling. the situation is bad, but actually better than what i would expect a year ago. what's that? what does that a result of? should western sanctions be biting in more firmly have, as russian a has the russian government basically responded more effectively? what are you seeing? i don't think that's an issue of western sanctions being around designed. i think it's simply an objective limits to what sanctions can achieve russia had before the war, very sound public finance and very professional team of the russian central bank. and if you a target such an economy with sanctions, this is quite resilient,

and russian central bank simply made no mistakes which would lead to worse outcomes . at the same time, we've seen indicators that russian capital for these banks is sinking over time at shrinking. is that not a problem in the mid to long term? absolutely, and in demit to long term, we should expect that russian banks are going to lose more and more international context that potentially even the general trust of the population. and the banking system is going to decline, and then banks will come under pressure. but this is indeed something we're going to observe in the year or even decade long perspective. as of now, because russian banks manage their early crisis relative to, well, the trust of the population is stable and the financial infrastructure of russia continues to work. what did the russian government get correct when sanctions 1st hit, we saw capital controls going into play into place early. was that the right move? that was absolutely the right move, because the 1st thing russia had to do in the beginning was to quiet the markets to

make sure that a bank ran doesn't happen, that that system function smoothly. so that was the immediate and very fast solution. another thing which russian self government may tried is that it didn't use sound protectionist measures, which at least some groups in russia, suggested there was no massive confiscation of property. you've not, that of the western companies. there were only very limited interventions in the market process. and primarily in form of increasing public expenditures, for example, what time production. so essentially, russian government led the market work and markets adapt. we saw lately that russia has tried to our made efforts to link its banking system to some extent with iran, for example. we're still not exactly clear on the extent of that connection, but would such efforts really help it when we look at that mid to long term challenge of shrinking capital? i don't think that this effort to really help it, and i think what will happen is that russian companies will find different channels

of doing export and import, which will be less transparent and which allow them to receive necessary payments for their goods or to pay with the goods they buy by it will not be associated with their traditional so to say development of the banking system and its connections to other countries. here are quite frankly, i see russian financial system moving towards greater and greater isolation over time. all right, that's alexander live one at the free university of berlin. thank you very much. thank you. and finally, get your wallets out sports memorabilia from some of the best known american athletes is going to auction in new york. the lot is expected to bring in more than $20000000.00. and one of the prize items is a 1916 baseball card featuring babe ruth, at the start of his career, the mint condition trading car has been valued at $3000000.00. new york yankees jersey warned by george and joe de maggio is also available,

valued at nearly $1000000.00. signed sneakers warned by for time basketball in b p player. lebron james, also in that lot up for grabs. all right, just a reminder of our top business story. even his hopes are fading, that there are still many survivors in the rubble promises of economic aid are pouring in after mondays, devastating earthquake in turkey and syria. that's our show. you can find out more on line d, w dot com slash business. i'm seeing busy, thanks for watching. into the conflict with sebastian a chinese balloon flying high over america has led to the cancellation of high level talk between beijing and washington. my guest in beijing is senior cameras. you bo, expert on chinese security and strategy, and apart from the balloon,

verify below a written for washington. wanted to discuss what will happen next. complet zone. next on d, w to the point. strong opinions, clear positions, international perspective, the u. s. and china have never really trusted each other. now the 2 superpowers have once again clashed over a chinese balloon, flown into u. s. territory, but just how bad can it get? on to the point, we ask us china rivalry, what's behind a growing 10 to the point is in 60 minutes d, w. o. it johnson garge to searches for the truth again.

this time at the exile to turkish journalist meets svetlana itsyana, sky, exiled leader of the opposition in bella. reuss. of course, i'm tired and tired, physically untied. morally, it's too much on my shoulders, but i have to hold this weight because i'm responsible for the future of our country. for the people who are behind the boss. guardians of truth starts february 18th on d. w. ah, a chinese balloon flying high over america has led to the cancellation of high level talks between virginia and washington and hold it any chance of a thorough relations between the 2 countries. the american said the balloon was spying and shock is bound over the atlantic. chinese claim it was studying the weather and straight unintentionally. of course the good.