ah ah ah ah ah, this is d w news coming to live from berlin. sold for more than $3000000000.00 swiss bank u b. s. acquires it's rival credit suisse in a deal backed by the country central bank. it's designed to avert a potential banking crisis, but stock market suggest more uncertainty. the head also coming out chinese present

cheating. pay is on his way to moscow for talks with russian president vladimir putin. she wants china to be seen as a peacemaker. russia is hoping for support for its war against you cray and in buddhist legal football the because in deal by and munich, their 3rd loss of the season, knocking them out to the 1st place. ah hello, i'm terry martin. good to have you with us. switzerland's biggest bank u. b. s has reached the deal to take over some baffled rival credit suisse for just over $3000000000.00. the takeover. com submit fears that an ongoing banking crisis could these stabilize the global financial system, which is preparing emergency measures to fast track to take over and

u. b. s. will receive liquidity, assistance from the state of turmoil, was unleashed by the class of 2 bags in the us. here's the swiss president, alamba say speaking as the deal was announced, the liquid at the outflows, and market volatility shows that it was no longer possible to restore the necessary confidence. and that the swift and stabilizing solution was absolutely necessary. and the solution is a takeover of credit histories by u. b. s. it is supported by the for the rights on sil following several meetings with the c national bank. we've our regulator, the fema with crazy stories, and you'll be us and pretty much can't see, welcomes the stakeholder and is supporting it by guaranteeing the framework conditions necessary for its success. steven beardsley from the w business is with

us now in the studio. steve, a forced takeover of switzerland, 2nd biggest bank. how our investors reacting? yeah, we've seen today that investors, i've been trying to find their footing for the most part, looking for some stability. what we've seen now is that there is sort of a negative sentiment, asian markets falling. in particular, the scale of this deal is it's massive for these markets. and then also some of the details in the steel self is a little worrying. for example, some bondholders are completely wiped out and that, that, that risks that there are, there is exposure elsewhere. and so we're seeing, for example, that shareholders in hong kong, in many cases, very worried about the state of things and about that exposure. and so that shares there and some banks are falling as a result. and we're also probably going to see some concerns in the u. s. there's other banks there that are continuing to struggle. and that could compound some of these issues we're seeing around the world. frankly. you be asked credit suisse. these are not small names. tell us how much, how big of a deal is this?

that's a big deal. i mean, as you said, it's more than $3000000000.00 the deal, the size of it itself. but also because these are 2 of the world's largest banks on friday when markets closed, credit suisse was valued, i think, $8000000000.00 market capitalization. the deal is for less than half of that, so shareholders really got wiped out in this case. as i mentioned, the whole transfer bondholders are losing everything, is going to cause investors bondholders to really reassess their position. they're going to think about where they are and that could lead to more turmoil as well. but we know what we've seen is that really, regulators want to send the message. depositors are going to be protected. assets are going to be safe. that's the primary concern here. that is, the message is being sent and u b. s is not doing this alone. they're getting billions of dollars from the swiss government to make it happen. how important is that money for you? yes. yeah, it's, it's, it's important because credit suisse does have a lot of outstanding liabilities that has a lot of legal fees that haven't been, that haven't been solidified yet. so there's

a lot of money they could owe. in some areas, the government has made clear that will help back in those areas, but also the national bank has made clear that it's going to have a lot of liquidity available when it comes to digesting this take over because it could be very complicated. this is a top priority for the swiss government, it wants this bank, and it's asked us to be able to stay within the country, at least in the beginning. some aspects may be sold off, but there's a very large retail arm as well. there's a lot of us with people who are employed in the bank locally. so that is a huge concern. the message here is liquidity, liquidity, liquidity, that it seems to be a reassuring message that the government wants to send. the global financial system wants to send the global regulators wants to send, and that's a lesson from 2008. whether it's enough, we don't know because it's such a psychological aspect to this. when you look at bank runs. so it's, it's really, they're going to keep messaging, they're going to try and be careful about their mastering because some of that might also be alarming. so it's really this kind of a tightrope walk that we're seeing right now. see, thank you very much, stay beardsley from dw business,

china's present she's in pain is due to touch down in moscow in the coming hours is trip is widely seen as a strong show of support for russian president vladimir putin as he struggles to make gains in his war against ukraine, china has put forward its own peace plan, but has failed to condemn russia's invasion. on the eve of the visit, putin said relations between the 2 countries had reached new heights. rushes from mining crane has advanced, retreated, and dinged forward. since it's invasion a year ago. but one thing has stayed constant european hopes that russia's biggest ally could push it to end the destruction of ve croce ship cape that is important for us at china. does not choose russia aside or nipple . we expect china to fully use its influence on russia. you'll bring russia to

respect international law, while the lesser doug. i said to president she, that it's important for china to exert its influence on russia. china has called for peace negotiations last month. it released at 12 point piece plane for the ukraine conflict that was widely condemned by the west hoover not making specific demands on russia. you couldn't. indeed, beijing looks reluctant to clip russia's wings before russia invaded ukraine. both president, g and fulton declared and no limits partnership between their country. they've met in person since then, and president she state visit to russia is a strong signal to the west. because m putin didn't win the war quickly, not to rethink its relationship while keeping this very strong aligns intact. so china's main focus is to make sure that it continues to trade heavily with the west white, also maintaining its close friendship with,

with russia. but china may be offering russia material support in the war. us base security researchers say the chinese companies are exporting equipment to sanctioned russian defense firms. and the u. s. has warned that china may soon provide lethal support to russia. there is no evidence of that happening on a wide scale yet. china has taken on and increasingly combat of posture towards the us. and believe that as moscow's troops struggle on in ukraine, china is working towards it's long term goal of expanding its borders and influence on the global stage of more on the sun, a russian. so it enjoy now by d. w is jennifer poca, d. w was forced to shut down in russia, so she comes to us from reagan and journalist fabia. incredible joins us from beijing. welcome to you. but jennifer was start with you. what does vladimir putin want out of this meeting?

is he just trying to show that he's not geopolitically isolated and has a powerful partner at his side, or is he? is he looking for something more substantial from the chinese liter? well, the answer is he is both. he's looking for something more substantial, like weapons that could aid him in the war against ukraine, or as he would call it that special military operation. but also it is a symbol for the west and the russian population. that it is that russia is not geopolitically isolated. you have to understand that vladimir putin built his power on the image of being this grade leader that would restore russia to his historical gory. and also a return historically assumed russian territory back to modern day russia. and this is what he started to do with a illegal annexation of crimea in 2014, which then china also didn't to condemn. and with this visit of sheeting pain to

moscow was still the war in ukraine going on on and not having been condemned by china. it is a symbol for the west that china and russia can oppose western sanctions as well as russia western power fabia. what about she jin pay what his agenda in going to moscow? well, i think for seating thing, this visit this 1st of all, a very delicate diplomatic balancing act, because on the one hand, yes, he wants to demonstrate friendship towards putin and it was russia. and you can, can you see that he just published an article in russian state media calling that he wants to open a new chapter in russia, china relations. and at the same time, he doesn't want to overly antagonize the west. and that will be really very difficult, but to make it clear, this trip is, 1st of all, you know, deepening ties in china, deepening title was russia and also trying to benefit from it, for example,

in the form of new oil deliveries, et cetera. and it's not 1st of all about a piece brokering as many in europe would like to hope. jennifer, these 2 leaders have a history. they've met many times. how significant is their personal relationship from putin's perspective, it leaves you this same meeting with seating? ping will mark the 40th time both the leaders will or have met. and it can be viewed on 2 different levels. first of all, it can be viewed as a similar to a marriage of convenience because both parties don't see eye to eye on everything, but they are sure and aware that they are common goal of a multi plural world order. and the stop of expansion of the nato, especially to as the asian pacific region can only be achieved of both countries work together. and what is also important is that there's

a private of friendship between heating ping and landing, putting, which is not. it's not really clear on what grounded was formed. it's just known that it's very strong. and also vladimir putin published an article in chinese media yesterday about their russian chinese relations, stating that he's very, very proud and happy that the relations are based on mutual trust and respect. and that they have reached an all time high this year. but also he emphasized the importance of this meeting when it comes to china, being an important trade partner as well. okay, so we've got protein and she talking again, but it's been widely reported fabi on that. after his meeting with putin, she plans to speak with you craig ins, president a lot miss zalinski or quit expect there. well, i mean, it has not been officially confirmed, but i mean, it wouldn't make sense. and it would be the 1st time that actually the to speak

directly after the warn ukraine. and despite that zalinski repeatedly term, you know, asking to talk with seating ping. so am on the one hand, yes, i think you can see that china wants to balance out, or if it's foreign policy approach. but i think we cannot expect too much of an recently china hess am laid down in his point of its point of view. and in its a so called peace plan and the peace plan basically states that, yeah, there should be negotiations right away, but a china does not call a towards russia to withdraw the troops, et cetera. so it's really hard to imagine that a ukraine will work on this approach. on the other end, china has recently broke out a deal between saudi arabia and i ran that really caught us by surprise. so i mean, who knows that has definitely an increase the hopes that china might again, and maybe mediate in this conflict or jennifer talk to us about those hope. so what are the prospects for china brokering

a piece deal in this situation or the 2 sides ready for that? well, the momentum clearly lice with ukraine and the west as much as a rush. i was trying to deny that. so if for someone in russian state media would publish that, actually the west and ukraine have the upper hand and china my broker a piece deal. it would mean that those journalists would be put into jail for spreading face news and discrediting the russian army. but it is, but with china refusing to denounce the war in ukraine, openly putting has a certain air of confidence about him in pushing terms for a peace negotiations. in his article, he stated that he is her own. he will only consider peace talks, a diplomatic solutions and political solutions. and if china is going to be sitting

and on the table and mediating, and also only if ukraine accepts, quote, then you a territorial realities which means ukraine must, except at night must accept the that they, the illegal annexation by russia of east and ukrainian territory. and daniel had to remain in russia. jennifer, thank you very much. that was jennifer parker in rico and joining us from beijing, journalist fabi on crutches. thank you. bruce sketch up bell and some of the other stories making headlines around the world today. the office of homer, taiwanese president, maryan, jew says he will visit china this month. it will be the 1st time of current or former taiwanese leader has visited china since the start of communist rule. there in 1949, mainland china seas taiwan. as a renegade province,

montenegro is pro western president of me though duke norwich has won the 1st round of his country's presidential elections. he secured around 35 percent of the vote with former economy minister yackel miller told it. coming in 2nd repair will face off in the 2nd round of voting in april to move which residence in the australian town of men in d. r, demanding authorities take immediate action after hundreds of thousands of dead fish were found floating in the nearby darling river. low levels of oxygen or being plain for the mass fish dial police in pakistan have filed charges against for prime minister enron khan, and dozens of his age and supporters after they clashed with police outside a court in islam about their being accused of terrorism and other offences the ousted prime minister is already facing corruption charges, which he denies. the latest allegations are likely to increase existing tension

between khan and the government. supporters of former prime minister, enron con, clenched with police outside a court in pakistan's capital. they threw stones fired t a guess, and smashed where he calls for ours. the next day, han and several leaders of his body were booked on debtors and charges and several other offenses. but the former prime necessities security forces provoked his supporters while he went to attend court proceedings. fuck corruption charges. ah, some new police, the police. when i arrived at the gate or not, i saw police and rangers on it everywhere. you weighed me. it was immediately obvious that did it want me to attend to proceed on music that they've got the wanted to kill or arrest me. fully sedated hans residence in the eastern city of la har, removed blockades,

created by his supporters and attested at least 60 of them. on the woodland, you will, the chance you have that we started to arrest people good thought. and again, we're met with persistence m a d. i was con, supporters through stone, south yoga, or despite a lot of opposition here. but the police clear the area, the interested people here, given the ga bar along with nadia. the traditional heading has been adjourned until march 30th. meanwhile, m ron han has announced a political really in the heart on wednesday to demonstrate his political power. scientists in japan have taken a small but important step that raises the prospect of same sex couples one day having biological children together. the technology was born using the skin cells of male mice to make female egg cells. but in the future could open up

a whole new possibility in reproductive medicine an egg, sperm, and time. the recipe for new life in most animals is simple and straightforward. but now a team of japanese scientists claims to have pushed the boundaries of that paradigm by creating mouse babies with 2 biological fathers. to do so, the team took skin cells from male mice and reprogrammed them into what are called stem cells. those are cells that can turn into many different cell types. the scientists then identified the ones that had accidentally lost their y chromosome and managed to duplicate the x chromosome. in other words, they changed the genetic sex of the cells. a complex technique experts say. the limit of male cells is you can make sperm but not eggs. typically the limit of female cells is you can make eggs but not sperm. what i ashi is done through

a process called sex conversion. he's taken x, y skin cells, and then selected way to make x x eggs. so an extraordinary odd active of wizardry. biological wizardry. with those excels with unfertilized with sperm cells and implanted into a surrogate mouse. the result, healthy mouse pups from 2 biological fathers that were later able to reproduce themselves. the technology is promising, but still highly experimental. if the efficiency of this process is very, very low. so even in mice where you're essentially able to do an unlimited number of hurtles, ations the probability that any one of your in vitro generated eggs are sperm under

these sex conversion conditions. this is probably only around one percent. so obviously there's a lot of failure here despite that cat. so he co, hi, ashley research raises the prospect of male couples one day having biological children together. it could also benefit infertile. women who can't produce their own eggs. and at least theoretically, it could even allow single men to have children with themselves. yet scientists agree that the technique is still years from any kind of application in humans. differences in genetics and reproductive biology between us and mice are major. and of course, society will 1st need to address ethical questions arising from this technology ah, in buddhist lee,

a football labour cruise and put a dent in by adm unix, title defense effort. shocking the hosts where the to one victory. usually kimmy put bye on ahead in the 22nd minute, but the lead wouldn't last, leave accusing had already leveled from the spot once. and this foul by deal info, mac cono turned into another penalty is equal plot seos. converting his 2nd of the day, the result does dockman to favor as they overtake by an as table leaders. after the game, yashimi kimmy talked about what the defeat means for bye and going forward. we're not at the top anymore. and so we're, we're to work more am to get better and we know that we have the really important games ahead terms, especially against norman at home. and we know now that we have to win when you're in berlin. meanwhile, among the strongest bonus league,

a size when playing at home, stuck to that script when they hosted frankfurt, the visitors came to berlin with a good head to head record against the home side. but the eagles failed to take flight in a too near lost to the berliners who noon berlin. a fortress in the league when plain in home were licking their wounds there for their european season came to an end earlier in the week. but so did frankfort. and both sides were still looking for their 1st, but as the good, when in the month of march, things got cracking after the half time break. a look what i found moment from ronnie katira a bit of pin ball in front of ghoul in own own take the lead true to their strength and home own doubled their lead less than 20 minutes later. substitute

here been baron's. want for the b. stay with the in fired in some security for the home side. in the reverse fixture, it was breaker. who got the chena victory? this time, when you on berlin, flipped their score line and get the 2 new victory themselves, and they move up to 3rd place. it stay right in champions, lee contention. so where does this leave the buddhist leg? a standing as well. dorman, have taken away 1st place from bion, munich when noon berlin move up to 3rd place, followed by fryeburg, and the bottom half, often high, moved from last place to 15th, the relegation zone is now made up of hatter chaka and should come a 1st for canada as they triumphed in christ church for their 1st ever sale g p, victory, canada beat home favorites, new zealand, and seasonal leaders,

australia. despite having to overcome some dramatic moments, canada had sustained significant damage to one of their wings early in the race due to extreme weather. but they bounce back, making this historic when all the sweet sand with a smile. by looking at the world, happiness report, it suggests that finland is the happiest country on earth. while the fins digest that felicitous news, we send reporters on to the streets of nairobi, lagos and cape town, to ask a fundamental question, what makes you happy? what makes me happy? why is the piece that relate to me and my family spot of my happiness and knowing that we had up, we are in a country which is peaceful, not more. i will wear god by the go and do my pigs. that makes me bid up coming out

to hell. even if it's not someone you know, helping them out in their point of need. that makes me satisfied happy. and if i sit down to my friends and my family members, georgia, my just a rated gym. i'm always happy. what makes me happy is my best friend made that in my mommy and my sister would makes me happy. thing people happy makes me happy. ah, my friend, this one make me happy going out. having fun makes me. what makes me happy actually is money because like i can use it to buy my stuffs and to travel. the people really love my friends, my classes, my plans and my family. me ma'am, in my bladder. yeah, that's what makes me happy of music. mix happy and when i just had the melodies, when i just had the leaks and i just, he had the drama as an african. i'm already happy forego. just reminder,

the top story we're following for you this our switzerland's biggest bang e b. s is to take a roots and battle bible credit suisse at a price of more than $3000000000.00. move aims to calm the sector amid fears that an ongoing banking crisis. could these stabilize the global financial system? you're watching dw news up. next echo africa visits a schooling, tunisia that produces its own energy and food that a more coming up after the break. my names terry martin, thanks for watching. ah ah. with

who ico africa. walla. we can focusing on energy and nutrition and education denisia names to make his schools more sustainable and better equipped.

the mocked our boarding school is leading the way. run like a small business. it is self sufficient and economically successful. we can go on dw, blue, or flying rivers created by waterfalls, throwing water particles into the air b, trees and 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 and make a heavy,

invisible river that flows through the sky starts march 23rd on d, w. o. sometimes a seed is all you need to allow big ideas to grow. we're bringing environmental conservation to life with learning pass like global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing. download it now, feel free. ah, with climate change ease.