tv DW News Deutsche Welle March 13, 2023 5:00am-5:16am CET
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a documentary series about the future of food with the great debate this week on d. w. ah ah, this is tito view. news live from berlin, fears of a u. s. banking crisis after and know they're buying collapses u. s. authority, se 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 a big night for the science fiction film, everything everywhere, all at once. winning 7 academy awards,
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including best to picture, while the german offering all quiet on the western front took home for oscars. and in buddhist league, a football, one time table toppers when young berlin fell further behind in the title race when they could only manage a rule with false work. ah, i'm pablo foley, as welcome to the program. their fears of a u. s. banking crisis after another bank failed this weekend, authorities in the united states have taken over signature back. 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'll wipe out equis and bondholders taxpayer money will not be used for any
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losses. according to the us treasury secretary, janet yellow and the chair of the federal deposit insurance corporation. the 2 bank failures this weekend or the 2nd and 3rd worst in us history or earlier i asked financial correspondent yann's quarter in new york for his insight following news that us regulators have taken over operations at a 2nd bank. oh, well, as the saying goes, the bank di overnight and that seems to be true at this point, so please don't panic. a, keep your com, 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 signature, a bank that needs a governmental help and to controlled so clearly trust at this point obviously has
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been lost to some financial institutions and at least it was those companies and named we've seen the classical run on the bank. yes. usa khatri at treasury sector jaelyn has ruled out a bailiff, paid for by taxpayers. us authorities of uninstall fully protect depositors. explain to us how that all works. yeah, well i mean that sir. the name of the child a saw a youth. 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 institutions. so, i mean, all of this is unfolding was in the last to minutes i have to say. and so as far as i understand it, it's not a classical bail out,
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so there will be directly any taxpayers money. but that doesn't mean that a washington and regulators are helping with some money in between to prevent to panic. yes, explain to us how this situation that we're living almost there yet. minute to minute at the moment was able to happen. yeah, i mean, i don't want to start with some adamant 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 was higher interest rates. the value of bonds and treasury, so it got to push down and 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 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,
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a lot of silicon valley start up, they needed money, they went to the bank, said, give us our money. so they had to sell treasuries with a loss, and that actually caused a cascades. 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 a regulators had with jumping. could this debt 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 just an american phenomenon. 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
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is lost, if more people stop taking the deposit, so from their banks, i mean that could have a, in effect. definitely not just them in the united states, but it could theoretically affect pretty much all of the go sounds like you're going to be very busy and financial correspondent, the end of quarter in new york. let's take a look now at some of the other news making headlines around the world. president, changing things as china is actively promoting the peaceful, development of cross 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 force. north korea says it's launched several missiles from a submarine in the sea of japan. the myself flew for about 1500 kilometers. the
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test took place a day after pyongyang warned of a quote powerful response to the joined u. s. south korea mandatory drills this week. police a mold over say they foiled a plot by russian backed groups trained to cause mass and rested during a protest around 5000 demonstrators gathered in the capitol, kizzy. now on sunday they demanded the government to cover their energy bills after a cold winter, and prevent moldova from being dragged into a war with russia. aah! 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.
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protest is demanding that the pro european government stepped down. i've come because electricity and all the bells have become too expensive. my pension is too small outdoors. they said they would rate them to at least $3000.00 li. are they mocking us? the president is a sheep the protests are organized by the minority pray russian shore 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 seats in the country's parliament by the mill devens think the protesters, the victims of propaganda with warmer by thing they are being misled at the employ sheila and as time passes, they will recruit directions. if there was some fortunate for them here been left
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in the shadow of poverty, watson were manipulated by dirty politics against our country. plus what while moldova is seeking, modernization gavera within his area modernization and an alignment with the european union or among the goals of the new government. it doesn't mean that these protestors want riddles. a big night for sy fi flick, everything everywhere, all at once, which is one best picture. in the 95th academy awards film took home 7 awards and total including best actress, which went to show you best supporting actress, best supporting actor and best director. the film tells the story of a middle aged chinese immigrant swept up into a crazy other worldly adventure. the award for best actor went to brendan fraser for his performance in the whale. what for more?
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let's bring in entertainment journalist k j matthews, who's in l. a. k j great to see you water night for everything everywhere. all at 17 awards. best picture, best actress. best supporting actress. best supporting actor. incredible for them. right? yes. very incredible. i literally just left an after party and ran here. very glamorous to be on but yes, you know, i did this, i don't want to pat myself on the back, but i will say i did predicted it would almost be pleased with everything everywhere. all at once. they did phenomena. i think they brought in a total of 7 awards. they were the biggest winner and then after that the german film are quite on the western point. so germany did well, but so did everything everywhere, all at once, doing well as well. if you have your words, were they big surprises for you? you know, i don't think they were big supplies, but i was a little bit surprised in the song category. best original song. you had
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a song by lady guy from top going maverick. you had a song by rhianna that was song out of a black panther. what kind of forever in, in the, in the award when to not to not you are, are, are for their song. and it was really interesting when you got up on stage how he just kind of saying a little bit and people were so happy and it was so funny. there's so many videos on social media showing his entire team who were way up in the balcony. and they were screaming so loud that he could hear them all the way on the stage. so they were just really excited. that was a little bit of a surprise for what else stood out for you guys. or, you know, i love the end memorial with lenny kravitz, i love rianna singing. and of course the elephant in the room was the whole debacle that happened a year ago between chris rock and will smith. and i think everybody said, how are they going to handle that this year? and i thought the jimmy kimmel was really funny with, you know,
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he basically joked and said, you know, if you got a hand tonight, we will reward you with a best actor, toby. and allow you to sit there and mumble for like 19 minutes and go up on stage and do an acceptance speech in what he was doing. was poking fun at wilson because last year when it happened, nobody removed the allowed him to sit there. he didn't get arrested, he didn't get kicked out all of the fall back or the push back happened a day or 2 later, but that night they allowed him to stay there. so he was just poking fun back. and then he also had something back stage as he was going to a commercial where it was a big chart that said, you know, number of oscars without incident. and he had a score card of one, which was last year. so i thought that was pretty funny. thanks carrie jack. can i get back to the party country matthews, in los angeles. thank you. ah . when you on berlin, have long been the best story in german 4 bought
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a small club on a small budget, making big noise in the man's upon this leg. and when you don't 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 park on a cold and wet not in wolf's burg. it was very much an occasion for the true believers only on berlin fence travelled believing their sod could into 3 game winless drought with victory in the rain. 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 cape of the egyptian had plenty of space. it 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 launching bull spoke. foot went an inch to far that gave jasa p, renovate the chance to put union in front from the penalties for chasing the equalize of wolves coach. nico batch made for substitutions to include both patrick
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vim and kevin parade, is the american fates the bolt of emma, 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 for when you want to make europe for 2nd consecutive season. after the game vase for coach niko cove, i talked about his own disappointment with the result. we were the absolute better team. we dominated the game, 90 minutes so. so we had a good structure in defense and also and often so, so we created many chances, big chances. so i would let's say 100 percent chance is more than 100 percent. they scored from a penalty i'm. i'm disappointed because of the results, but i'm happy because of the performance of my team. so we played very,
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very good. all right, well you are up to date up next doc filled with an in depth look into the world of meet substitutes and don't forget you can stay up to date on all the latest news on our website. that's d w dot com and don't forget to follow up on our social media. cancer handle is dw news on pablo. funny as for me and the entire team here in berlin, take care. thanks for watching. and i'll see you very soon. ah ah, what people have to say matters to us a that's why we listen to their stories.
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