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tv   DW News  Deutsche Welle  March 19, 2023 5:00pm-5:16pm CET

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oh, recognize where exactly it was fun and i learned a lot our culture history. all their d. w. travel extremely worth a visit. ah ah . this is dw news live from berlin vladimir person visits occupied mary paul image is released by the kremlin p to show you the russian leda in the ukranian city, which russian forces captured inmate, is, comes after an arrest warrant issued against vladimir putin for allege war crimes.
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committed in occupied your crime. also coming up, it's one of switzerland's, best known banks, bought a deal to phil credit suisse to rival new b. s could be just hours away. we'll find out what's behind the tank of a bead. and a powerful earthquake shakes solvent, ecuador, killing over a dozen people injuring hundreds and destroying buildings. authorities of rush to provide aid, the quake also heath open pervert. ah, i'm jarrett read welcome to the program. russian president vladimir putin has made what the kremlin is calling a spontaneous visit to occupied mary. a pole exiled authorities from the ukrainian city have condemned the trip, which came hours after another unannounced stop in crimea, which is the peninsula,
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russia illegally annexed in 2014. now that in turn came on the heels of an arrest warrant issued by the international criminal court on friday, the queen accusing fighting a person of war crimes with them during the unannounced trip build as a working visit by the kremlin. the russian leader travelled by car driving himself to several districts in mariel, pull, chatting with people outside and visiting them in newly built homes, of which group he also received updates about reconstruction, works in and around the heavily destroyed city. with before returning to russia to meet with his top military commander, the port city of mario pole had been home to some 450000 people before the russian siege. much of the strategically important city now lays in ruins. including its drama theatre, which was hit by
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a russian air strike almost exactly one year ago, killing hundreds of people. many of them children who had been sheltering inside. it's also home to the as of style steel works, which became emblematic during the siege of mario pull, a last pocket of ukrainian resistance that culminated in the surrender of the ukrainian soldiers. this is the 1st time putin is believed to upset foot in the russian occupied ukrainian mainland since moscow's full scale invasion last year. it comes a day after we made an unexpected trip to crimea, to mark the 9th anniversary of the black sea peninsulas annexation from ukraine. a mo, most of the world has denounced as a legal insur, vasta of all the largest city in crimea. vladimir putin visited an art school and a children's center. hours after the international criminal court issued an arrest warrant, accusing him of bearing personal responsibility for the abduction,
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an unlawful deportation of thousands of children from occupied areas of ukraine to russia. nicola for seaman core, is the rector of mary uphold university. he flayed the russian occupation and is now living in keith. i asked him for his personal reaction to persons visit to occupied mario paul. actually the 1st feeling i had it was ender, but after i remembered the famous theory of famous criminal is lumber, saw that the criminal is always come back to the crime scene. and it's actually was the dream of put into a capture where it will pull and to create this land quarter door to gray me. and actually he visited multiple papers and they've done it during the night hours. did the dark hours of the day,
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not to capture in the cameras. the pictures destroy city because it's a huge, grimes seen the home a loophole with thousands of killed people by, by russians. actually that was the nicola trophy may call the rector of mary a poll university. he fled the russian occupation and is now living in case he spoke to me earlier. let's take a look now at some of the other stories making headlines today. the office of for my tie when he's president, my you joe says he will visit china, the smug. it will be the 1st time a current or former tywon 8th leader has visited china since the start of communist rule. there in 1949, china denies taiwan independence status. police in pakistan have charged a former prime minister in ron khan, and several of his aid with terrorism is supporters allegedly attacked security forces outside the court in islamabad on saturday. police did move in 50 officers
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were injured and a police check point and several cars were torched. dozens of supporters were arrested after reaching a tentative agreement, serbia and kosovo have failed to sign. an e used ponce a deal aimed at normalizing relations. it comes nearly 25 years after an incursion by serbian forces sparked, and nato bombing campaign that entered the conflict. sophia has long refused to recognize the cost of those 2008 declaration of independence says in the last meeting in brussels. or switzerland's biggest bank u. b. s is in talks to take over its embattled rival, credits with the negotiations. come and meet is an ongoing banking crisis. good day stabilize the global financial system. switzerland is preparing emergency measures to fast track the tank over u. b. s. is said to be offering to buy credit suisse, which was founded in $1856.00, up to a $1000000000.00, or $935000000.00 euros. it's also reportedly asking the state for assistance. the
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term was on least by the collapse of 2 banks in the united states. well, steven beasley from dw business is here to break this all down for me. hi, steven. now, media report say u b. s is offered to buy credits with rapture $1000000000.00. what's the likelihood of a deal today, and would this help com markets tomorrow? it's hard to know what the likelihood of a deal is to do without being inside the negotiations are very, very close to them. we know that the swiss government is likely to want a deal today. however, it's probably going to be putting pressure on regulators and on u. b. s. to make this deal happen. and that's because it doesn't want a certain situation to be there as markets reopen again. and the preferred method to unwind is kind of just ations is for a take over from another bank. otherwise, regulators would have to step in and take over the bank themselves. it creates a much more clear picture when that's the case, and that's what they want come monday. when markets are reopen, you know,
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in terms of what it means for markets, it's really hard to say because there is such a psychological aspect to what we've seen going on. credit suisse has better fundamentals than s v be than signature bank. i did make some of the mistakes at the same time. it has been a poorly performing bank for several years now. it's been a lot of legal trouble, things like that. so we knew that in some ways it had been scrutinized more and more deposit. we're leaving for different reasons and that's why it ended up being in the crosshairs here. so on the one hand, it's great that we see regulars was the government's moving quickly here. they obviously have learned their lesson somewhat from 2008. on the other hand, we don't really know how this going to go further. ok, steven u b. s. wants help from the swiss government for a possible take over. do you know what's being discussed here from what we understand from those who are close the negotiations, u. b s is offered $1000000000.00 for the take over would be an all share deal. and what it means is that basically shareholders would take a significant haircut here. $1000000000.00 means about $0.27 a share. the the business closed area shares close at about
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a $1.70 on friday. so you can see the kind of loss of the shareholders would take, they want a 6000000000 dollars and guarantees because there are a lot of open questions around the business. i mentioned the legal troubles that credit suisse has been in that there's a lot of money potentially outstanding their, their legal judgments against them if they're regulatory fines coming against them . and because this was government wants to steal, to go forward because they have their foot on the gas battle here, it's likely that u. b. s will get a better deal than not. but there probably will also be pushback from credit suisse on the terms of the steel. so we don't know a whole lot. we just know that yes is pushing hard for deal. it's obviously very much in his favor. stephen, how likely is a financial crisis like 2009 a year that you mentioned earlier that into our memories, something that no one can really say, but obviously when we look at the actions of regulators, look at the actions of a deposit. here we see a lot of fears that are built around 2008. we know that in 2008,
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the system really collapsed based on some products that were untenable. these kinds of assets that in the end weren't really there. that was these mortgage backed securities where they couldn't actually be fulfilled at the end of the day. these more just couldn't be fulfilled. and they had an entire edifice entire structure of other loans and assets that were built off of them once that bond got kicked out the entire system collapsed there. we've seen that there isn't as much leveraged on these assets today. and these assets, these assets are fundamentally good. they tend to be a treasury bills. they tend to be government debt. it's just because interest rates have been raised so fast, their value has dipped somewhat. the ultimate question here is about depositors, though it's such a psychological aspect as i mentioned, you have to only fear that there's a bank run to want to go to a bank and take your money out. you don't have to believe that there's a fundamental problem with the bank. you just have to believe that others will believe that there is. so it's a self fulfilling prophecy and stopping that is going to be the real question here . and that's something that i think we're going to be developing the coming weeks. what's the best way to do that? if it is lee from d w. business,
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thanks so much for breaking that down for us. well, a powerful earthquake. it's south in ecuador and northern peru on saturday, killing at least 15 people and leaving over 350 injured it were destroyed. buildings cross vehicles and debris seen in the streets of several cities. a child and a baby are reportedly among the dead. this was the moment when an ordinary trip to the supermarket turned into panic for the residence of gaia kil, with people fleeing outside to safety. the earthquake which had a magnitude of 6.8 boat down buildings from the coast to the undoing highlands. most of the destroyed homes house the poor, were old and didn't meet building standards in a country prone to earthquakes. in the small coastal town of ports of oliver residence mourned the loss of life and the material damage. when you go up like the allegory, unfortunately, my neighbor's house fell and his family was crushed in
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a flooded house. he lost 5 family members, or would it? we are poor, humble people who build our houses with our sweat. we have it here. thanks to god. look at the misfortune has befallen us today. you. what's the bolivar? the crack also destroyed a pair leading to the marine museum, which is now partially submerged. the earthquake was followed by several minor aftershocks or the u. s. national weather service set, there is no risk of cinemas for now. emergency services a focusing on finding those, he may still be trapped on the rubble, and the long and arduous task of rebuilding affected communities, ah, to the bonus leak, and hoffen heim, aside at the bottom of the bonus league, a table where in desperate need of a week when thy hosted hat to berlin aside that's also in relegation danger. the home side to leave it and advanced a number of rungs on the buddhist league. a ladder coffin heim hadn't won
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a match since the restart and 2023. their last 7 league matches ended in defeat. herr to berlin, be the worst, but as they decide on the road, gave hoffen haim. a pretty good chance to turn things around here to had a hand in hoffman. himes 1st goal handling john brooks goal bound attempt, gave hoffen heim their 1st shot in their top. go get her, are drake remarriage? did the rest waiting for the commitment in netting right down the middle, picked his aggression help, hoffen. heim doubled their lead dealer spook. while the receiving aid of some unnecessary roughness which paved the way for cromwell rich hoffen i'ma to kneel shortly after the break off and i put the match out of reach, takes the above to the fastest man on the pitch in this match pair to
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pulled one back you stave our yoga, teach with hoffman. i'm a man down, but the match was over by then. oftentimes coach said his side was ready for battle and fired up with the result puffing high pick up their 1st when of the year. they also move out of the table cellar up to 15th in the states. okay, here's a quick look at the bonus league results so, so far on matched a $25.00 payment and hoffen heim, well when is that? the place live seek was stunned by bonham. both burg, which stood guard and there are 3 matches on sunday. they include in your berlin against frankfurt and leave a cruise and face by munich formula one now and red bulls. sedio perez has taken poll position for the saudi arabian grand prix. for his time around the floodlights . st. circuit in city of jetta was more than a 10th of is taken faster than ferrari's shall declare. who will starting 12 because of a great penalty for as his teammate and writing will champion max to stop in
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suffolk, technical problems and qualified only 15th before we go his reminder now of our top story, russian president vladimir putin has made an unannounced trip to occupied mario pole, the kremlin, released these images of putin inspecting newly built apartment blocks in the ukrainian city, which filled to russia last may after a month long. it seems that left much of it in ruins. of next on t w is our show reporter. i'm jared radian berlin. thank you so much for watching. have a great day. sometimes the big jump right out at u. t. the highlights for human books in free week cannot. i tried several times. i went the morning.

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