ah, to analyze the fight for market dominance. east, this is where you stood with the w business beyond. ah ah, this is dw news lie from berlin, no bail out from the u. s. for silicon valley bank. it's the 2nd largest bank failure in u. s. history, what does that mean for the global economy? will bring you analysis also coming up? who's in the running for the oscars? as hollywood gets ready for the academy awards tonight, we take

a look at the films tip to with. and then the bonus niga one time table top rates were new. berlin fell further behind in the title, rice, when they could only manage a drawer with evolves for combat and much more coming up later in our sport sect. ah, i'm pablo foliage. welcome to the program. us treasury secretary, janet yellen has said the government is not looking at bailing out silicon valley bank after it was shut down by us regulators on friday. the bank is the 16th largest in the united states. authority said they were worried about the bank's liquidity after it lost money while selling assets. the concerns prompted the banks depositors mainly tech companies to rush to withdraw from sparking fears over the

wider banking center. but us authorities say 8 will fully protect deposits. so for some analysis, let's bring in financial correspondent, yann's court a, who's in new york. it's great to see you. right. so there's news now that there's been another bank failure signature bank has been taken over. are we seeing a snowball effect hence? well, as the saying goes, the bank could die over night, and that seems to be true at this point. so a, please don't panic, a, keep your calm, but this is the 3rd a bank pretty much going up with less than a within a week or early last week we had a crew or bang to tied to the crypto industry as silva gate to liquidating itself. then we had the silicon valley bank, now signature, a bank that needs a governmental help and controlled so clearly trust at this point obviously has

been lost to some financial institutions and at least it was those companies named or we've seen the classical run on the bank yes, usa khatri at treasury sector jaelyn has ruled out a bailiff paid for by tax payers. us authorities of uninstall fully protect depositors. explain to us how that all works. yeah, well, i mean that's the name of the child. so you say it's no bailout, but at the end of the day, clearly the government and regulators see the need to, to jump in. what they do want to prevent is a panic that is get to the am hitting a companies in the silicon valley and somewhere else, more financial institution. so i mean, all of this is unfolding within the last the minutes i have to say. and so as far as i understand it, it's not a clinical bailout, so there will be directly any taxpayer money. but that doesn't mean that washington

and regulators helping with some money in between to prevent a panic. yes, to explain to us how this situation that we're living almost there, you know, minute to minute at the moment was able to happen. i mean, i don't want to start with some adam and eve, but you do have to start with the federal reserve for starting to increase interest rate in a very aggressive session last year. so what did that cost was actually, that was higher interest rates, the value of the bonds and treasury. it's got to push down quite a bit. so if you go to a bank, if you give that bank money, they don't put it aside. they actually invested in some safe haven like us treasury . so that's what, for example, silicon valley bank did. so now all of a sudden the need of the customers, a lot of silicon valley start up, they needed money and they went to the bank that give us our money. so they had to

sell the treasury with a loss, and that actually costs a cascade. so that more and more investors wanted their money, the bank had to sell more of the treasury for a loss. and that was this run on the bank so that eventually regulators had to jump it. could this us only event at the moment? could it actually spread globally? i mean it's all about trust, so if trust is lost, we could see that and other places definitely as well. and then also that interest rates are on the increases not justin american phenomena. so what i hear mostly from the industry and that's why i said at the beginning, don't fully panic. obviously the, the biggest financial institution seem to be safe. so that's at least what i'm hearing. but the next couple of days definitely will be very interesting. and if

trust is lost, if more people start taking the deposits from their banks, i mean that could have, in effect, definitely not just them in the united states, but it could theoretically effect pretty much all of the globe sounds like you're going to be very busy and the financial correspondent, the ends quarter in new york. let's take a look now at some of the other news making headlines around the world. in mozambique, at least one person has been killed and hundreds more displaced after psych loan freddie made it 2nd land for there. within a month there's been widespread damage with fallen trees. and every blocking roads forecasters say, freddy has already brought heavy rains to southern malawi and will likely affect him. bob, wy and zambia authorities in the u. s. state of california have confirmed that 8 people have died after 2 suspected smuggling boats capsized off san diego,

the 2 small open vessels have been carrying more than 20 people. the cities chief lifeguard described it as one of california's worst maritime smuggling tragedies, ukraine's presidency. lansky says more than 1100 russian soldiers have been killed in recent days near baffled the focus of fighting in eastern ukrainian rushes paramilitary. wagner group is reportedly still launching grand attacks. keith says defending backward is necessary to quote by time for a canter offensive that hollywood is gearing up for a glamorous night at the oscars. this year 10 films are in the running for best picture, including box office hits, top gone, and avatar and a surreal science fiction film sat in a multi verse. but the biggest surprise of this awards season is a german anti war apic. that might just break a record. the final touches are being made at the dolby theater in

los angeles. before the stars arrive on this year's champagne carpet, in germany, all eyes and hopes are on the netflix blockbuster all quiet on the western front. the story follows an idealistic german soldier sent to the front lines in world war one. speaking in hollywood, german culture minister, cloudy, wrote, said parts of the film success is down to its anti wall sentiment. or has come so close to us in the past year or so in thinking about the brutal attack on ukraine across even angeles creek and oak latina danco silva. is this a one reason for the success of this film park to sweden for the fact that it's been watched so many times us is that it's the loudest possible cry of protest against the war. nothing befitting for october. i'll break, shook tow. the film is not just about wall,

it's about humanity. novel of remark was a human perspective. and not just just a german perspective. um, because it is telling the conditions of the, of a, of a human soul. so to say the film is set in the infamous walla of the trenches director edward berger said shooting in conditions necessary to replicate. reality was incredibly demanding. or the biggest challenge i would say was the mud we filmed and mud a lot. the weather we filmed and in the cold, in the freezing cold it is expected to be a tight race. it's sunday night ceremony after an unpredictable pre oscar season. but the cast and crew of the german language breakout hits will be hoping to walk away with at least one of the faint statuettes.

ah, when young berlin have long been the best story in german football, a small club on a small budget, making big noise in the mans bundis league when you want to stay in the running for a chance to play in europe next season. but they suffered a blow to those efforts after a miserable night involves berg on a cold and wet knotted wolf's big. it was very much an occasion for the true believers when young berlin fans traveled believing their sod could into 3 game winless drought with victory and the ride. there was little spark, though, from either side in the 1st 45 minutes until o mamma mush had the chance to put the home side in front. he didn't. one on one with the caper. the egyptian had plenty of space and may be too much time to think, scholars at half time it was clear in the minds of most this was to be again decided by fine margins. and so it was a lunging bull spoke. foot went an inch too far,

that gave yas up, you ran a bit, the chance to put me on in front from the penalties for chasing the equalizer. whoops, coach nico batch made for substitutions to include both patrick vim and kevin parade. is the american fates the bolt of hima, the austrian did the rest. the gold like the game and the occasion? it wasn't one for the archives. 11, it finished. not a disaster for it was fisher, but he and the travelling fans know things have to get better fast for when you want to make europe for a 2nd consecutive season. well, after the game valves for a coach, nico kovak talked about his own disappointment with the result, we were upset by the team we dominated, again, 90 minutes sir. so we had a good structure in defense and also an off answer. so we created many chances are big, chances are i would, let's say 100 percent chance is more than 100 percent. and for those quotes from

a penalty. and i'm disappointed because of the results. but i'm happy because of the performance sir of my team. so we played very, very good at fryeburg, left it late to take 3 important points from their game with structures hoffen time with the game locked at one all in the 18 9th minute japanese made feler, richard dawn had just enough space to score on his left foot, the late strike was enough to get a win to one wind, which seized them stay in the hunt for the europeans as places em fryeburg are on beaten in their last 5 matches. let's take a look at all the bones legal results on much day $24.00 and there's the draw involves work and the fryeburg when labor couldn't be breyman, shall get dormant, drew in the roar darby, barn munich beat out berg. leipzig, dominated, glad back. frankfurt and stiff guard ended in

a droll as it had to berlin and lights and both of them beat clone. so what does this all mean for the boon? this league a standing, let's take a look. bar munich widened their lead at the top with dormant. now, 2 points behind them. leipzig, leapfrog leone, brilliant into 3rd in the bottom half. bo hm jump from last place to 14th the relegation zone is now made up of stuttgart chalka. and often i'm one of the women's won the secret defending champions valve spring. got back to winning ways when they beat labor, cousin for one germany international striker, alexandra pop, got the ball rolling with 2 goals early in the 1st half. this is the 2nd go at the 16 minute mark. the wolves. victory made amends for their last last weekend. which spoiled their perfect record of 12 winds to start the season. and let's take a quick look at some of the stories from the world of sports net to time tour to

france winner today, poker char made his move 4 kilometers from the top of the 6 kilometer climb on the final day of the pirates to ne cycling event, it proved to be decisive as to slovenia and showed his class both climbing and descending. he won the final stage and took overall honors by 53 seconds. the ski cross whirl cope and switzerland began served up some of the best action of the weekend with a drone following his progress down the mountain, swedish international david mo berg took his 3rd. when of the season, he edged japan's rives to guy and canada. reese, how the world baseball, classic japan superstar, sho, hey, hotel, me hate, a $135.00 metre home run that went so far into the grandstand that the bull hit an advertising board with his own face on it. japan beet, australia,

71 to win the game. and before we go, here's a reminder of the top story we're following for you. the u. s. government says it will not be lived. silicon valley bank us regulators, shut it down on friday after a loss of assets prompted to run on deposits. it's the 2nd largest bank failure in u. s. history. and that's all for now. up. next world stories looks at afghan school girls who fled to india to and education will be back again at the top of that next article until wednesday, careful with my knees regretting ahead. using tech as our documentary series founders valley, it's africa. meet the founders empowering their continent through digital innovation.