this technology is worried how they can go with how they can also go terribly. watch, you know, new to ah ah, this is d, w, news live from berlin, everything everywhere, all at once. a surreal sy fy movie starring michelle. yo wins big at the oscars in hollywood, taking 7 awards in total and making history in more ways than one. the german anti

war epic, all quiet on the western front, also triumphs also coming up. chinese president, change and paying says that beijing must modernize the army to make it a great wall of steel. it is, she is the 1st to speech since starting a historic 3rd term as president and authorities in the united states on bail sweeping measures to rescue depositors money after the collapse of $2.00 banks, including the key regional lender, silicon valley bank. but will it be enough to prevent global contagion? ah, i'm sarah kelly. welcome to the program. at the 95th academy awards, it has been a big knife for unconventional sy fi movie, everything everywhere, all at once, which has one best picture and best director. it star michel yo made history by

becoming the 1st asian woman to win best actress for all the little boys and girls who look like me watching to night. this is a beacon of hope and possibilities. and ladies, don't let anybody tell you. you are ever past your pride the film to come 7 awards in total. it tells the story of a middle aged chinese immigrant to the u. s. who is swept up into a wild adventure to alternate universes in a journey to see the world. with it of your correspondence, as paul told us more about the big winner of the night, what a night, what a party. it was wonderful to watch the crew of every thing everywhere, all at once celebrating on stage. and as you just said, sarah, it's in 1st in so many ways, but 1st i want to talk a little bit about how kind of adventures are the movie makers really are with this

movie. it's a, it's a roller coaster. it's like taking place in a 1000 or so reality, so it's absolutely worth watching for those who haven't watched or didn't want to just also have a little bit of fun in their life. as you just said, michelle, you is the 1st asian american to win the oscar as best actress. but she was actually also the 1st who was even nominated. she gave a very emotional speech which was probably only topped oh by a key york one who won a, a supporting extra category. and he gave the most emotional speech or during the ceremony talking about how he came to the united states in a boulder. now is standing on the stage and, and being awarded with an oscar talking about that this is really the american dream coming true. the german made all quiet on the western front. also

a big winner. absolutely. that was also for stuff. it was nominated with 7 ask. ours never happened before in history. and within the 7 us cars, it was even nominated for best picture that the film didn't been budded to run the best international movie it, one of the best production, the best for design the best camera work. so that's a big, big a really win for this production, which actually was produced in german. this is very unlikely for big a big kits here at the oscars in hollywood. mm hm. what for me, as ever came a little bit as a surprise, that the filmmakers who delivered a couple of speeches when they got to their oscars, did not mention the war in ukraine, because this is a anti war or a movie which is taking place during the 1st world war, and in many ways,

the pictures really remain or as of the pictures which we are seeing coming out of ukraine right now. so that was a surprise not even so as even so lensky was not invited to speech. them criticize that, but that hardly anybody talked about. ukraine is also something which is debated to you only the filmmakers of the documentary about act, alex i own the valley. this is a russian, a position politician who is in jail. they talked about the war, but that was the only time it was mentioned he'd have eaves in as paul joining us from los angeles in the wake of the oscars. thank you so much. china's national people's congress has wrapped up its annual meeting after handing president. she's been paying a precedent breaking 3rd term. many of she is allies have also been handed top government roles. the parliament has approved the biggest government reorganization

in years, revamping some ministries and forming a new financial regulator. speaking out the closing ceremony, she said that china must become more self reliant. he also vowed to modernize china's military, a med mounting tension with the united states over taiwan. on we should strengthen national defense and army modernization. building the people's army into a great wall of steel that effectively safeguards, national security, sovereignty and development interests. we should actively promote the peaceful development of the relationship across the taiwan strait. resolutely oppose external interference and taiwan independence, separatist activities. and earlier i spoke with correspondent fab encroachment and beijing. i asked him to walk us through she champaign speech on the last day of the china national people's congress. yeah,

i think his speech was not really, i'm surprising. most of his talking points were to be expected. a call message was on economic self reliance using ping repeated several times at the country. i should pursue a technological autonomy. meaning that china yeah, should not depend so much anymore on the west for example, for air semiconductors, et cetera. and also a big message was concerning national security. he basically mentioned that he wants to turn to military and to a quote unquote, great, a wall of steel to safeguard china's interests and that job stability and national security. esther preconditioned for and prosperity and development. and then towards taiwan. yes, easier, basically repeated the usual claims that china wants to promote unification, that it of oppose us any on our foreign interference and also imposes an independence activists. and, but he did not mentioned according a actually in contrast to previous times or a military threat. i mean,

he usually am sometimes he would say that china would not rule out a military means to reach their goal. it's this time this passage was left out. meantime there were other big takeaways also from the congress, just walk us through them. yeah, i think at, during the national people's congress and the growth target for the years always said that mean the economic growth target. and there was a little bit of a surprise that for 2023. the target is set at around 5 percent. that is relatively modest compared to the baseline of last year, which was dominated by lockdown. so it gives you kind of a sign that china wants to push away just from numeric growth and, you know, want to reform the economy. and yet emp put emphasis on the quality of gross m. besides said, i think it was remarkable that the rhetoric, again accusing of the u. s. and several, several other western countries of containing china. right. and there was a really,

very rare direct criticism that usually is issued by other diplomats but not by shooting ping himself. so there was really remarkable. and in general, of course, this whole national people's congress was a demonstration of power by seating ping. he put basically all his loyalists into core or positions within his leadership. so i think the message is clear that you know, the country is, affirmed the government and ruled by seizing ping himself fabbing, customer and beijing. thank you. here are some other stories making news around the world. north korea says that 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 joint us south korea military drills this week. japan has eased pandemic rules on wearing face masks and doors after 3 years by minister

full meal. because she does said that it will now be up to personal choice. the government still recommends, wearing, wearing a mask on trains and in hospitals, but many people are choosing to keep their masks on even outdoors the nobel prize winning japanese author. hence, a burro alway has died at the age of 88. he passed away at the beginning of march. his novels were influenced by his childhood in post or japan as well his, his disabled son, the author was a pacifist. and a vocal critic of nuclear weapons. authorities in the u. s. state of california have confirmed that 8 people have died after 2 suspected smuggling boats capsized off of san diego. the 2 small open vessels had been carrying more than 20 people. the city's chief life car described it as one of california's worst maritime smuggling tragedies. fears of the u. s. banking crisis are rising after

another bank failed over the weekend. authorities in the united states have taken over a signature bank. it collapse just 2 days after silicon valley bank was shut down by regulators. new emergency policies were adopted by authorities on sunday. they said consumer deposits will be protected but that they will wipe out equity and bondholders taxpayer money will not be used for any losses. according to the us treasury secretary, janet gallon, and the chair of the federal deposit insurance corporation, the f d. i see the 2 bank failures this weekend are the 2nd and the 3rd worst in u. s. history. let's bring in rob watts now from d. w. business, another failed bank, contagion here. well, it, it sounds dramatic, doesn't it? i can see why you, it's just there would be s v b them. we've got signature bank, but you have to bear in mind that these 2 financial institutions are particularly exposed to current conditions. for example, as

b. p does land in particular to tech start ups who are susceptible to the movements of interest rates. and then you've also got signature by who operates in a similar wave. it is also more exposed to crypto currencies than almost any other bank and to currencies. anyone who's paying attention to the may the last year when i have somewhat tank. so there is a lot of hope that this won't spread to the us banking sector as large, and that is something that the u. s. government us fed is trying to reassure people that it won't economist seem to feel that enough has been done over the weekend to prevent that happening. but you have to also bear in mind that a run on the bank isn't necessarily a rational thing based on how to kill people, feel about their savings. and if they don't feel secure about that, then it can happen whether those worries are just if i don't know. so here's what the fed is doing to try and make them feel secure. i'm really an extraordinary measure here. they say that depositors will have access to their cash on monday when it comes to silicon valley bank. that's huge, isn't it?

well, it is absolutely. and what it also does is stop short of a bailout during the fed is made quite clear that that will be no bailout this time, which is very different to the situation we had in 2008. it feels that safeguards have been put in place in the mean time. mean that that is no longer necessary. that comes as a big relief though, that they will be getting access to that money to the most of the taxpayers yet. well, exactly, because they're not exactly the most sympathetic group, the, the tech broke through themselves a supposedly, you know, many of them against government intervention, but here they are being bailed out. some tax plays in the u. s. might not feel great about the idea that they're helping to bail out these, these people who have made huge amounts of money over the past year. let's look at the contagion factor. again, we have markets opening in asia. everyone really curious to see how this is going to play out u. s. president by and also says that he's going to be speaking about this on monday. so walk us through how investors are digesting it. well, it's interesting to consider about the fact that the president biden has been very

vocal about this because as i was talking about just a confidence, this is a big part of whether or not this does come contagious. asian markets seem to be sort of doing okay. you know, they don't seem to have been too surprised by this enough, has been done perhaps over the weekend in the u. s. to alleviate the concerns about the wida financial sector. however, we have seen some major banks in asia. take a bit of a hit from this just because of those, those competence issues that we're talking about. then you've also got the subsidiaries of silicon valley bank, for example, in the u. k. and here in germany, having to reassure people that actually were not exposed to the same problems as, as our parents over in the united states. but nevertheless, government having to think, ok, how do we protect our own tech sector hits? make sure that the contagion doesn't cross the atlantic, for example, t w, business rob lots, putting this on to context for us. thank you so much. is a quick reminder of the top story. we're following for you. this to real life. i

company, drama, everything. every where all at once has one big at the oscars. it took 7 awards in total, including the company academy award for best picture. it's star michelle, you know, has become the 1st asian woman to win the award for best actress. next film look that cover mining and it's cost to the environment. thanks for watching or flying rivers formed by waterfalls. perspiring trees or c evaporation during forest fires. like mine don't get the answer in a visible river that flows through the sky starts march 23rd on d w.