tv DW News Deutsche Welle March 13, 2023 4:00am-4:15am CET
4:00 am
services oh, be our guest at frankfurt airport city managed by from bought ah ah, ah ah, this is dw news live from berlin, fears of a u. s. bank in crisis after another bank collapses. us authority say deposits will be secured, but there'll be no bailout. what does that mean for the global economy will bring you analysis also coming up? police in moldova say they fall to plot by pro russian agitators to cause unrest
4:01 am
during antique government protests in the capital. and in the bundis niga, one time table top rates, new berlin fell further behind the title rice, when they could only manage a group with salzburg. ah, i'm pablo follies. welcome to the program. fears of a u. s. banking crisis arising after another bank failed this weekend, or authorities in the united states have taken over signature bank. it collapsed just 2 days after silicon valley bank was shut down by regulators. new emergency policies were adopted by authorities on sunday. they said customer deposits will be protected, but they will quote, white bagged equity and bondholders taxpayer money will not be used for any losses . according to the us treasury secretary,
4:02 am
janet yellen. i'm the chair of the federal deposit insurance corporation. the 2 bank failures this weekend are the 2nd and 3rd worst in us history. well, earlier i asked financial correspondent, jans carter in new york for his insight following use that u. s. regulators have taken over operations at a 2nd bank. oh well, as the saying goes, so bank di over and i hit had 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 bank tied to the crypto industry as silva gate to liquidating itself. then we had the silicon valley bank, now the signature of bank that needs a governmental help and to controlled so clearly trust at this point obviously has
4:03 am
been lost to some financial institutions and at least it was those companies named a we've seen the classical run on the bank? yes. usa khatri at the treasury sector, jaelyn has ruled out a bailiff paid for by tax payers, but us authorities of the 9 still fully protect depositors. explain to us how that all works. yeah, well i mean that's the, the name of the child a. so if 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 a 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 was the last to minutes i have to say. and so as far as i understand it, it's not a classical bail out, so there will be directly any taxpayers money. but that doesn't mean that washington and regulators are helping with some money in between to prevent
4:04 am
a panic. yes, explain to us how this situation that we're living almost there, you know, minute committed 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 rates in a very aggressive fed fashion last year. so what did that cost was actually that that was higher interest rates, the value of bonds and treasury. so it got to push down quite a bit. so if you go to a bank, if you give that bank a money, they don't put it aside. they actually invested in some safe haven, like a u. s. a treasury. so that's what to for example, silicon valley bank did. so now all of a sudden the need of that customers, a lot of silicon valley stops, they needed money and they went to the bank said, give us our money. so they had to sell treasury's or was
4:05 am
a loss. and that actually cost a cascades, so that more and more investors, one of their money, the bank head to sell more of the treasury's for a loss. and that was this run on the bank so that eventually a regulators had to jump it. could this at 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 in other places, definitely as well. and then also that interest rates are on the increase is not justin american, a 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 institutions seem to be safe. so that's at least what i'm hearing, but the next couple of days. so definitely will be very interesting. and if trust is lost, if more people stop taking the deposit, so from their banks,
4:06 am
i mean that could have a, in effect, definitely not just in the united states, but it could theoretically effect pretty much all of the go sounds like you're going to be very busy and 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. president teaching ping says china is actively promoting be peaceful, development across straight relations with taiwan. speaking at the closing of the annual parliament session, he also said that china must oppose pro independence and succession is activities and the interference of external forces. north korea says it has launched several missiles from a submarine in the sea of japan. the missiles flew for about 1500 kilometers. the test took place a day after pyongyang warned of a powerful response to the joined us south korea military drills this week.
4:07 am
ukrainian city of butcher has become known the world over for the atrocities russian troops carried out there. the main road was strewn with bodies when the russians left and the houses were also partially destroyed by artillery. now work is under way to repair the houses and turn boots up back into a liveable community, dw, the army, and as if reports on progress being made on rebuilding ukraine, even as the war continues. the either welcome sounds and walks on the street in boucher, devastated in the 1st days of the war. the houses here are being restored at remarkable speed residency. they're surprised by the progress. yes. you should. i hope it will be a new start. your salt is something good and clown, the streets, and after that peen and then all of ukraine will be rebuilt and will be better than before the war. push up for the project is sponsored by the foundation of howard
4:08 am
buffett, son of the american billionaire warren. for many, it's a symbol of ukrainian resilience, but it's an exceptional case. just 15 kilometers down the road. the village of more shewn lies and ruins almost exactly as it has since this time last year. this is all that's left of on his house, wrecked by russian artillery. she now lives in a modified container provided by the rotary foundation quite literally among the wreckage of her old home. and she doesn't live alone. would be good enough to look at this beautiful girl we have here. she shares this one room dwelling with her daughter and her granddaughter will get all 3 of us. sometimes my son comes my younger son. he sleeps on the top bunk and the 3 of us
4:09 am
sleep on the bottom, my daughter, my granddaughter, and me. what can we do? they've been living this way since last summer. i applied for help from the state to rebuild her house. but she hasn't heard back yet because we filled out all the forms. but there's been no decision on whether we'll get some sort of help or not. she will be there because we don't know more than that. i'm in the motion. michel, extra on a knows her case is just one among many. russian military destroyed hundreds of properties in her village alone, nationally. that number is in the hundreds of thousands. the social policy expert yvon rabinski, says the government has done a great job at finding temporary housing for almost everyone who need it. on the other hand, you can staple access long term vision, have to have to house. people can long term perspective. first of all, we have,
4:10 am
we have some programs to build in compensation to people who lost their homes and that had to, it's not clear yet which ones are kind of why are they to work on a home will have to be reconstructed from the ground up little else, but the foundation remains. know which is up was we share i one to live long enough to rebuild this house. so i know that if i die, my daughter and granddaughter will have a real house to live in college. that's the secret. she says her family will find a way to do it, even if it means doing it alone. police involved over say they foiled a plant by russian backed groups trained to cause mass on rest during a protest. around 5000 demonstrators gathered in the capital kizzy, now on sunday they demanded the government covered their energy bills after
4:11 am
a cold winter, and prevent moldova from being dragged into a war with russia. ah, protest is took to the streets of the mill, dove in capital kish, now on sunday chanting down with my son, due the country's precedent the demonstrations of becoming a regular occurrence. they started last summer in the face of rising fuel prices and concerns about pensions. but there is strong support for russia. protest is demanding that the pro european government stepped down. i come because electricity and all the bells have become too expensive. my pension is too small outdoors, they said they would raise them to at least $3000.00 li. are they mocking us? the president is a sheep. 6 the protests are organized by the minority pray russian shore
4:12 am
party, which takes its name from elan, shall amal dove and oligarch who lives in exile and israel. after fleeing convictions for fraud. they hold 6 out of a $101.00 seats in the countries parliament. other mal davids think the protesters a victims of propaganda good, super warm. i think they are being misled. the employ sheila and as time passes they will recruit directions if there was some fortunate for them here. been left in the shadow of poverty. watson were manipulated by dirty politics against our country, plus what while moldova is seeking modernization, gavera was their misery modernization and an alignment with the european union or among the goals of the new government. it doesn't mean that these protestors want ridges ah,
4:13 am
to sport, and on your own berlin have long been the best story in german football, a small club, and a small budget, making big noise in the mans. bundis leah, when you want to stain the running for a chance to play in europe next season, but they so for to blow to those efforts after a miserable night involves brick on a cold and wet not in wolf's burg. it was very much an occasion for the true believers on young berlin fans travelled, believing their sod could into 3 game winless drought with victory in the rain. there was little spock, though, from either side in the 1st 45 minutes until oh mamma moose had the chance to put the hun side in front. he didn't. one on one with the caper. the egyptian had plenty of space in may be too much time to think school us 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 lunching bull spec. foot went an inch too far that gave yasser buren of it the
4:14 am
chance to put a union in front from the penalties for chasing the equalize of wolves coach nicko co 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 traveling fans know things have to get better fast. but when you on to mac, europe, for 2nd consecutive season, at the 95th, the academy awards are in full swing with german foreign language film, all quiet on the western front, climbing for awards already the world war. one ethic has so far, one best, international feature film, best cinematography, best, original score, and fast production design. it's also for best picture the film was released by
4:15 am
netflix and is based around the themes of anti war. well, that's all for now. up next world stories looks at afghan school girls who fled to india to get an education. and don't forget, you can stay up to date on all the latest news and analysis on our website, d, w dot com and follow us on social media. i'm bobbo helios in berlin for me. the team here take care and i'll see you again at the top of the next term with ah, every journey is full of surprises. we've gone all out to give you some tips with.
24 Views
Uploaded by TV Archive on