tv DW News Deutsche Welle March 16, 2023 12:00pm-12:31pm CET
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ah ah ah ah, this is dw news live from berlin global markets. our jumpy is banking, turmoils, spreads asians stock slides, while europe's react positively off to swiss regulators hand and liquidity lifeline to lender credit suisse. but investors are still spooks after the collapse of 2 banks in the us. also coming up on the show, israeli activists paint
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a so called line of freedom in jerusalem as protests resume against the government's controversial judicial reforms in wild prime minister benjamin netanyahu has arrived in berlin on an official visit. and one year ago, hundreds were killed by a russian bomb. le destroyed this fiercer turned bomb shelter in ukraine's, mario polk will speak to an investigator pos of a group using computer generated imaging to get a picture of life inside the building before the attack. aah! i manage group is mckenna, welcome to the program, every one with sourcing with some breaking news. just coming in the u. s. defense department has just released footage that it says shows a russian air off intercepting
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a u. s. spy drone over the black sea on tuesday. now, according to u. s. authorities, this video shows a russian su $27.00 fighter jet, approaching the drone and dumping fuel over it. as the air craft passes closely by and washington is saying the jet collided with the drones propeller on a 2nd path. that collision isn't shown in this edited video released, although damage to the propeller can be seen later. and we will be bringing you more on that as it comes in. but we're going to go back to our main story now. and european markets are appearing to rebound off to switzerland's embattled bank. credit suisse secured a big financial lifeline. our concerns over the troubled lender had earlier than asian stock market's falling. credit suisse has said it will borrow up to 50000000000 euros from switzerland central bank and a bid to show up it's liquidity,
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meaning how much cash it has on hand to finance is business. the some collapses of to us banks last week have sparked growing fears. world wide jitters on the market, sent many asians stalks into the red again on thursday. investors are where really eyeing the problems that have hit several banks in the u. s. and europe, wondering if they're just the 1st signs of a deeper crisis. the latest alarm bells have been sounding around credit suisse, one of europe's largest banks. throwback regular perspective, crowds research, major global player, major player in the us are smaller than used to be with still very important. shares of the swiss bank plunged to a record low on wednesday, after its biggest shareholder said it would not provide more funding to the company . the dive prompted the swiss central bank to step into the port credit suisse,
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making it the 1st major global bank to receive such a lifeline since the 2008 financial crisis credits, which has a lot of links to the financial sectors of other countries. so it has operations in the us, in other parts of europe and more widely around the world. and it will have a lot of creditors and, and subsidiaries elsewhere who potentially could get into difficulties if the, if credits within, in switzerland what to have trouble. and let's say balance sheets across the entire banking sector. now facing greater scrutiny after the failures of silicon valley bank and signature bank in the us. they're searching for weakness across all, you know, banks including credits, risk. so the risk is not off the table and across the horizon,
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people are trying to think about, well, you know, what does this really mean for the banking industry as a whole? i'm really keeping a close eye on credit suisse. that to me is really much more concerning and depending on how that works out over the next couple of days and even this weekend, i do think that is something that certainly can help, you know, very broad implications for the market and all the global financial systems like quickly taking decisive action to show up credit suisse, the swiss central bank is hoping it can prevent the crisis of confidence from spreading. alright, let's get more on this with christy plugs and from d w business. he joins us now from frankfurt. christy give us the reactions to all of this in front right on. yeah, i mean the whole story is on the line on the board behind me. what you can see is that plunge when an after hours and early morning traders got nervous about even the docs index, which is of course, an index of germany's 40 largest companies. so,
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so i'm showing to some degree, some nervous determined, his nervousness about the credit suisse situation rolling over even into german markets. but we also see a recovery taking place to some degree in the last couple hours as well. why is that up? as we just heard, the swiss national bank has said it will shore up credit suisse hoping to contain some of the fall out from that situation. that seems to have restored some investor confidence, at least to some degree. okay, could you put things into perspective for us? how alarming is this whole development with credits lease? i mean, credit suisse is certainly a globally significant bank. it's the 2nd largest bank in switzerland, which we should remember is a country that is known for banking. this bank is in another league than that. silicon valley bank, the bank in california, that sort of sparked off the financial uncertainty in the u. s. last week in which is sort of created these situ, these conversations we've been having the last few days. so certainly in a, in another league, but that being said, now that we know that the swish national bank will be stepping in will be taken
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care that there is not too much fault from this. there's unlikely to be, at least for now, a huge major fall out of contagion into other markets, but it certainly created a greater sense of unease in the global financial market right now. okay, so you mentioned those 2 u. s. banks that are in trouble 1st. now, as you said, a well known european bank, i mean, on analysts, you know, worried about this sort of potential contagion. as you said, that things could snowball. right, i mean we should be clear that what happened with the banks in the us and what happened with credit suisse are so in some ways unrelated, i mean the credit suisse self had largely to do with the fact that the saudi national bank, their largest, their shareholders said that it will not by stocks on credit suisse, but that was not because of uncertainty about credits, not being good for the money that had to do with regulatory issues. so we're not exactly seeing contagion here, but what i will say is that the nervousness caused by what happened to the u. s. is certainly playing a role on investors. encouraging them when they get nervous about something that
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credit suisse to maybe get rid of their stock. so there is definitely an echo effect whether that's contagion or not, is debatable. christy thanks so much for that. that's christy plaids them from d. w. business recruitment from franklin now, protests of resumed in israel against the government's controversial reforms. the critics of saying would weaken the countries democracy. the proposals would give the government influence over, selecting judges and dilute the powers of the supreme court. activists have painted what that describing as a line of freedom through the streets of jerusalem to show that opposition to the proposals. thursday's protests follow weeks of mass demonstrations and wide spread opposition from a cross is railey society to the reforms. prime minister benjamin netanyahu, his currently in berlin for a working visit, is insisting the changes are needed to restore the balance of power
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going across straight now to televi, where our correspondent rebecca recess is standing by for us. rebecca, another major day of protests. tell us what's happening. that's right underneath protests have been going on as many people already know for 2 and a half months or so. now they began in early january. we're here in central televi . you've got the, a course of the buildings of famous television, skyscrapers behind those. you've got people walking across the bridge. there are really tens of thousands of people who collect it today. and it's hard to get a sense of the numbers when you're inside the crowd. we don't have official figures yet, but the protest in race of weights have been reaching in the, in the 100000 and today looks no different. they're largely peaceful. it's quite a festival atmosphere. i have to say here on, but we have seen in previous week some violence today. there had been a few, there have been a few scuffle, but nothing, nothing. oh,
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that made your i would say in terms of security so far. what we are expecting it to continue for some hours and this is being done a day of death disruption. so these things are happening all across the country. that usually the biggest one is of course in the big city here in television. but things are happening and hi fi in jerusalem as you were just talking, we had some arrests there this morning, a 150 locations across the country. i expected to be seeing scenes something like this because in months of protests and obviously we can see that quite significant . now israel's president, a compromise proposal yesterday, but the government completely rejected it. so has this essentially destroyed the likelihood of any, any, to this current turmoil? i wish i knew the answer to that question. i know, obviously we know that president had dog has been working on a compromised bill for some time. now. he now announced that last night that address to the nation and that was really pushed out of the way by benjamin
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netanyahu, by the prime minister. within really a matter of minutes. so definitely the coalition government not having a bar of those compromises or we're seeing from the opposition side, some willingness to want to compromise and some member benjamin netanyahu. her policy that a good body also looking for compromise or looking for a way out of this situation. for president her talk saying that the countries on its way to civil war. now whether or not that really come to fruition of government to be saying that that same quite extreme, but definitely the tensions are high people here that i've been speaking to rhonda saying that they are not going. it's not but they're going to keep coming out. they have no jobs, their democracy is being ripped apart, as they say. and they're heading towards what they're calling dictatorship are really people, it's, it's a life or death situation, but so many people hear rebecca versus reporting from television. thanks so much and he's rainy. prime minister benjamin netanyahu has met with the german
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chancellor. we'll have folks on working visit here in berlin. the 2 leaders paid their respect at a memorial to victims of the holocaust. and they'll be addressing the media later on thursday. netanyahu cut short his visit to the german capsule because of the continuing protests over sweeping judicial reform in israel. berlin, who, the ghettos and german extermination for more, we're going to speak to our chief political correspondent. nina has a nina benjamin netanyahu on the real pressure at home. critics a saying that democracy in israel is at stake. will a chancellor felts be commenting on that today? well, it's actually not an option for sholtes not to comment on it on yos, attacks on democracy. but he can also at the same time, not reprimand or discipline these railey prime minister in public, not least because natania would probably hit back and remind shorts of a very unpleasant episode last summer when palestinian chief muffled
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a bus relative via the holocaust. here in berlin while standing next to shows the gem chancellor initially failed to counter that in public. so we'll have to use plain language towards net anyhow, but he can't really do that only behind closed doors. the situation is simply too serious for that. and so the chancellor will have to find clear words without embarrassing or exposing his guests too much. that's really a tightrope walk for shorts. here we might hear him quote, israel as president isaac hats ork, who we heard put forward that compromise. and but it ano has already rejected that, so whatever showed says it will be tough for him and he probably won't please everyone. okay, and probably they'll be some other issues on the agenda between netanyahu sholtes today. what else will they be talking about? while this morning shelton at any hour commemorated victims of the holocaust together, we just saw the pictures. they went to war time memorial here in western berlin from where the trains departed to concentration camps. some 10000 jews were taken
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to those camps from that place there in western berlin, in the years, 941 and 42. and that's of course, just a fraction of the roughly $6000000.00 jews murdered by the nazis during world war 2 at. but those moments are at those memorial sites. they are always an important part of those visits. both the german and these railey government always make sure that joint remembrance of the nazi atrocities feature strongly during the bilateral meetings here or in israel. because from that past comes a special responsibility for the modern germans stay towards the state of israel. but then it's back to business for sure, it's in it. and yeah, they will discuss bilateral issues, but also the security situation in the region at large. and then natania will go and meet german president frank volta stein meyer, and then depart again for israel this evening. because of pressure and of course there are also going to be a lot of demonstrations here. also some of them organized by israeli citizens who are living in berlin and who are criticizing their own government busy day for the
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2 leaders, d, w. 's. nina has a thank so much. okay, we're going to take a look at some of the other stories making headlines around the world. now. the south korean president, even such ill and japan's prime minister whom yoshida have announced relax tray controls and have agreed to meet no. frequently the 2 liters were at a summit in tokyo. the 1st such meeting in 12 years relations between the 2 u. s. allies have long been soured by bitter historical disease. 2 and a half tons of uranium have gone missing from an undisclosed location in libya, that's according to the you ends nuclear watchdog. the international atomic energy agency says it's looking for the nuclear material inspectors fear the uranium may pose a radiological risk to ukraine now, and president vladimir zalinski says he believes russia's war is approaching
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a decisive moment. and his nightly video address. zalinski said moscow was on the verge of failure and ukraine, thanks to weston weapons deliveries. and it's those deliveries including german made leopard tanks that many are pending. their hopes on in the east, particularly in bottom of the city, has been a key battle ground in the war so far. and it's in the region where keith has signal that it is gearing up to launch a counter offensive against russia. so the question is, can ukraine break the stalemate, their russian artillery fires on past moot after months of attempts to take the city. ukraine has forced its enemy to commit major resources and take tens of thousands of casualties. the ukrainian military says it's buying time for a spring counter offensive. part of the preparations for about counter offensive are happening far from the front lines in spain. ukrainian troops are finishing their training on advanced western tanks. they hope the leopards will be
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a game changer on the battlefield until now ukraine has been using older russian model. tax. ukrainian troops are getting training from nato forces elsewhere to like here in the u. k. learning the art of combined arms warfare. how to coordinate all the high tech weaponry with infantry assaults on the front. a tank commander has high expectations. knowles, the concept and tactics of tank usage and battle will significantly change because western tanks have a higher firing range and other capabilities like a digital information field. if this equipment is used properly, one can destroy the enemy before the enemy approaches its firing range that her pooler. analysts say ukraine will likely amount a major attack in shop. a reason province aiming at the russian held city of moleed upon a successful push would cut through rushes supply lines to its forces further west
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. their factors like whether they can only be guessed at not controlled. spring mud can slow or stop tank advances, bogging down the russians and ukrainians alike. that means the timing and the target of any counter offensive, or still a mystery, which is just the way ukrainian commanders wanting. now new investigation is shedding, lie. so what happened one year ago today in ukraine, when a russian asked right destroyed the drama theater, and the ukrainian city of mario pal, hundreds of people were killed, including children. the theatre had served as the city's main bomb shelter during rushes, relentless assault on multiple last spring satellite imagery from before the asteroid shows the russian word for children written around the building. now it's unknown exactly how many died, but many people were pinned under the rubble and the city fell to russian forces. soon afterwards, it is thought to be the deadliest single attack against civilians in the room. so
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far. now investigators are using innovative techniques to create a picture of what life was like inside the theater before the bobbing. and for more on that we can speak to maxime iraq, monaco, he's the director of the center of spatial technologies which carried out the mario pull investigation in partnership with forensic maxime. welcome to d. w. could you tell us briefly, 1st of all about your organization and your partner in the mario pull investigation? ference's, sir? yes, thank you for having our cross disciplinary research practice basically. and most of our work has to do with special reconstruction using different techniques of data analysis and things like that. and we have been always interested in the work of forensic architecture, which is
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a london based group that studies human rights violations using techniques of architecture modeling as well. so for, and this is their sister company based in, in germany, and together with them, except to, to work on mario. ok. ok, and let's talk about the investigation itself. what did you set out to do and how have you managed to do it? yeah, from the 1st days we understood that this will be one of the major cases to look at . and the for the 1st thing we did, it was going to archives and searching for architecture models. the nature of our investigation is such that we connect every single type of media that we can find, including photographs, videos from, from witnesses, but also their testimonies around the model. so we interviewed over 20 witnesses in this kind of a technique called situated testimony where witnesses sit in front of the model and
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basically respond to what they see in front of them and even model and the kind of detail that the model that we have shown so that is the nature of the work. and this architectural model then works as both a narrative device and a piece of evidence for, for this case and your conclusion so far. i mean what, what have you come up with? yeah, so so right now we're at the middle of this investigation. we publish something today which has to do with everything that happened before the explosion. so we have a very detailed understanding of what was happening in the theater before the blast . we understand that the population of a theater at its peak was roughly 2000 people. and at the moment of the strike, there was up to 1000 people in the building. so you would have to see our
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investigation and you'd have to also see in detail where they were. this is something that we're trying to understand where were people ok that what they were doing. and then in the 2nd phase of this investigation, we will model the blast. and basically by comparing these 2 images, one which looks and describes how people war located in the building and what they were doing. and another one which is the impact of the blast. most dangerous areas will be able to understand this is attacked in the as the be built of a way as possible. absolutely fascinating and such important work might seem rough monaco of the center for spatial technologies. thanks so much for speaking to us today. now lawmakers in france have approved the wording of a proposal by president emmanuel mack. want to raise live retirement age from 62 to 64. it clears the way for the controversial bill to face its final vote. and move came as thousands of protesters took to the streets of cities across france and
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a last ditch attempt to convince lawmakers to oppose it. a final show of force against french president emanuel mike horns unpopular pension reforms across france. protesters turned out in their hundreds of thousands, desperate to force a last minute turn around by lawmakers. union leaders in nonce said they had no intention of backing down. i pulled reform is bad today. it will be bad once it's been voted for all personally by force. so we'll keep fighting for it's completely draw all about electric, the raising of the retirement age remains unacceptable to us. the protests were largely peaceful though there were some skirmishes with police. oh, according to surveys, more than 2 thirds of the population opposed michael's plans to raise the retirement age from 62 to 64. recurrent protests in recent months have drawn
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millions across the country and repeated war counts have disrupted the transport sector to coincide with wednesdays, protests unions called an 8th day of strikes in paris. refuse collectors walked off the job over a week ago. now $6000.00 tons of rubbish have piled up in some areas trash has almost taken over forcing pedestrians on to the roads, attracting rats and repelling restaurant visitors and tourists. it did surprise me alive because i thought, you know, people late told me like, oh yeah, it's a very clean you know, you know, very clean city. so it was like a surprise to me so far. we're not changing any plans if we encounter more garbage though, we'll probably visit other parts of the city because we don't like the garbage has done little to impress lawmakers. mccauley bill would bring france more into line
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with its e u neighbors, most of which have increased retirement age to 65 or higher. but with union saying they'll continue their battle even if the bill passes. pension reform in france is set to remain a burning issue. i want to go back to the breaking news at this hour now the released by the u. s. defense department of footage that it says shows a russian aircraft intercepting a u. s. spy drone over the black sea on tuesday, a u. s. authorities say that this video we're about to see shows a russian su 27 fighter jet dumping fuel over the drone. washington says the jet than collided with the drone on a 2nd pass. and we are joined now by military analyst frank ledge, which, who joins us from oxford. i believe frank will be joining us.
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you. good afternoon. hi frank. let's talk about what this footage footage an edited version actually shows. how would you describe the behavior of the, the russian place a jet well on this one that comes to mind and i'm sure it will totally be made. the word in english is reckless and dangerous for particularly actually for the pilots . but also needless to say, it's very clear that there was a deliberate act and intended to damage or even destroy the drone. given that we now have this evidence, what are the likely consequences of this we don't know too much more than we did last night. i think no one bought the state department's assertion that this was in some i inadvertent de, contradicted the general miley and the secretary of state defense lloyd ah, student's perspective. so we don't know anything new we will do. this was
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deliberate. you don't have accidents involving a drone defy project colliding by by chance it was deliberate, so i don't think there's too much more simply rate reinforces what, what we already knew about defense it and all right, frank, i'm afraid we're going to have to leave it there but thanks so much for that analysis. the now my pleasure. and with that to you up to day. thanks so much for watching t w. nice. ah. with
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one requirement, a passion for the culinary arts with into the conflict zone with sebastian. just over a year ago, the main russian attack on ukraine was launched from bella. rooms opposition still survives that even though its leader is in exile in a few ania. she's threat longer. hello scott, this is ruthie ukrainian bitchy. but she said to propel her group, how in fellow horrible comp with 60 minutes on dw lou with our flying rivers created by waterfalls,
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throwing water particles into the air. b, trees, sweating out up to 1000 liters of water in a day or sea forest fires, evaporating large amounts of moisture tune in to get the answer and learn more about this phenomenon. a heavy, invisible river that flows through the sky starts march 23rd on d w. ah, this is focus on europe. i'm lar babylon, a war, welcome to the show. it's a powder keg in the balkans that's had the you on edge for years.
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