in june, ah, before we go his reminder of our top story, paris has been cleaning off after another night of mass protests against the government's controversial pension reforms, strikes blockades and demonstrations of cause to widespread disruption in the country and to visit vibrations. king charles has been post, aren't coming up on dw rob walks. we'll have more on the warriors in the global banking sector. that's on top of your business after a short break. and john rodrigo, thanks with a nice it's avalanche. are my welcome to my podcast. love matters by and by the leverage teeth influences and experts to talk about all playing loved beg from day to day. nothing less of all these things and more in the new season of the

plot can make sure to tune and wherever you get your pot, cough and join the conversation because you know it love matter and they want to know with love about in a way. but i'm not even know how to work my own car and everyone with later holes in every single day. just kidding. are you ready to meet the german then join me right? just do it on d. w ah deutscher bank shall have taken a dive. it's the latest lender to catch the nervous. i have invested. so could it be the next credit suisse also coming up crypto exchange by not is halted all trading on friday. the bug may have been fixed. the questions linger that were

taking you to tier one and mexico one of the most violent it is in the world a d, w investigations. just the extortion of businesses there is growing. this is due to be a business i'm of was in berlin. welcome to the program. whereas in the banking industry spread to deutscher bank on friday, the company's shares fell 14 percent on its 3rd day of losses. analysts have expressed surprise pointing to digest recent restructuring efforts and relatively stable balance sheet. last year, deutsche bank reported his best profits in 15 years, more than double that the previous year. too much as the all our shops insists, investors have no reason to be worried or boston viewed, the european banking system is robust and stable, that we have the necessary oversight structures. and thanks to the work over the years. and the effort of the banks themselves were in

a robust and resilient position. and this is an incentive to make progress in the capital markets and the bank in union ship. what's more important, we plan to full heartedly make progress for going on. i've also got some help and being informed to type a let's discuss the state of yours banking system with andrew cunningham from capital economics. thanks a lot for joining as andrew. all i schultz insists that yours banking sector is stable. is he right to say that? yeah, i think it's absolutely reasonable that you should say that there are many reasons why the european banking system as a whole lot much more stable than parts of the u. s. banking system. it's not the whole us banking system, but particularly these regional bags that you've got in trouble. and also your banks, including those in germany, are not in much better condition than credit suisse, which has for a long time, been known to be and a lot of difficulty. so i think it's

a perfectly fine thing to say. but of course, with banks, the problem is if everybody loses confidence, then it, you know, there can be problems even in what appeared to be fundamentally reasonably stable and healthy institutions. and then the ultimately what's driving the problem that we're seeing here on friday. it's just a lack of confidence. i think that's the case. yeah. because i have been problems elsewhere. investors are nervous and worried that there might be other problems that pop up within the banking system that you know about now, and nobody has full visibility of everything that's going on in the various bangs. and so that's causing some anxiety. there are other potential risks coming along the lines as well. so the real visible risk, such as the fact that interest rates are going up and the economy might go into a recession, in which case the will be more losses on the loans that the banks make. but at the

moment that you know that, that isn't sort of live and actual issue at this point. and that means we're going to see a change in the way that banks behave as a result of what we've been seeing. are we going to see them less willing to land? are we going to see another credit crunch? i mean, jerome pow at the federal reserve seems to think the answer is yes. well, in the us, i think we certainly will. i mean, the, did we regional banks which are generally smaller, although some of them are very big in the u. s. they have been providing a lot of credit, relatively favorable terms. and they're gonna scale back their act activity. so that will have knock on effect on the hold of your system. there'll be some similar effects in europe, i think some more caution on the part of bangs. and so, you know, credit conditions of the ability to get loans at reasonable rates will become more difficult and that will probably contribute to some slowing in activity which is happening anyway because of the, the way that the european central bank has been raising interest rates. so,

you know, there will be some effects and here in europe, with what we're seeing at the moment with a what appear invest is almost testing out banks to find out which ones do have weakness. where does that go? is there a danger of there being some sort of self fulfilling prophecy here? and actually the behavior of the markets dragging a bank down. i mean, in theory that can happen because the said, if everybody lose confidence at once to the bank depends on the on the fact that people believe that it's stable and they keep that deposit on the basis of the deposit the bank. they can borrow more money and lead to, to people who need need to bar up the basic basic model. and so it does require that competence is maintained. it's difficult to think of cases that is correctly when people have low confidence without there being any underlying justifications for that at all. and so long as we discover that there are,

there are hidden problems on the, on quite a big scale lurking within the banking system. then i think that's very unlikely. one of the factors that was the problem in the us is that the banks that were hit and it's all the few of credit switched to something that they have very large numbers of very big deposit. so with multiple millions of dollars or, or swiss francs in the banks, which they move very quickly. those are people whose deposit, that kind of quite flighty. that's not generally the case of most of your bank, but most of their deposit base is ordinary depositors who don't have huge amounts of money. right. or not continually in financial markets and so on. so i think it's not particularly like the spread of the major benz. okay. well and are coming in from cows like an always been really interesting hearing what you have to say. thank you very much. thank you. and staying with banking us, prosecutors are investigating swift banking giant uvf and credit suisse for

allegedly helping russian oligarchy. evade sanctions to lender faith significant fines. if the justice department find evidence against us or therapy is began investigation before the beginning of the banking crisis. so you'd be asked agreed to take over critic, stay in the world to finance the world's biggest crypto exchange by nan's paused trading on friday due to a technical glitch. teddy australia got more in this for us from wall street. teddy . what went wrong? that's right, by nancy, the world's largest, the crypto currency exchange appears to have suffered a glitch. so finance halted all trading for 2 hours. that also includes deposits and withdrawals. now you may be thinking, well, there's a lot of phone key business in the crypt overs. right. we see a lot of glitches, but finance is a really important institution in the crypt overs. it's huge and it's even larger

after the collapse of f t x last year. that is the crypto currency exchange of the now disgrace sam bank meant fried, and that's not all right. it's somewhat rare for all trading to be halted like this . so it's certainly going to draw the attention of regulators that are already scrutinizing this financial, wild west of sorts. that is the crypto world, the most stories in the crypto. well, it's coming out as well. joe kwan, the entrepreneur, charges leveled against them. can you tell him? yes, he was recently arrested. this if we remember is the founder of terror labs. that's tara u. s. d and luna. these are the digital tokens that we saw completely collapse last year. vaporizing $40000000000.00 in investments affecting hundreds of thousands of investors. his home country,

south korea charged him. and so he fled was actually unclear where he was for a while. they thought he was in serbia. well, he was just arrested in montenegro and he's being charged by the us with security fraud, wiring commodities fraud among other charges. okay. to the else to the new york stock exchange for us with all the latest from the crypt over. thank you. now extortion is a growing problem facing mexico's private sector incidence increased 17 percent last year, adding to the already enduring threats of theft from cargoes dw investigation suggests that as a result, firms are boosting spending on vast security. we report from t one. the threats are becoming more aggressive in tijuana, cartels or targeting land and business owners. those who speak out hide their identity for their own protection. oh mirkwood emma, they left me

a wreath dedicated to my family and wished us a merry christmas mulgrew on another of my properties. they left him higgs' head go . i didn't dare to file a complaint because there are people who have connections for you, so it doesn't help you at all. if you report, it didn't actually hurt you room because if something happens to them, they hold you responsible. they take revenge when they get arrested futon shooting, an overwhelming 83 percent of businesses have little trust in the authorities. according to a survey conducted by the american chamber of commerce and mexico, 8 out of 10 say that criminal enterprises impact their performance. this was also noted by the organization citizens council for public safety, who's president reported a case of extortion in the baja california state. i do not get an filed the bar to few people are willing to do anything about this crime. it goes on reported 98 percent of the time of the worst thing is that it's like what i'm that escalate. it

starts with a threat with damage to other people's property and then people get hurt. i knew probiotic kinda it will be meliss units of us, but its own us. the so called protection fee that organized crime extort from small and medium sized businesses, can range from $20.00 per week to $3000.00 per month. cartels off in demand payments to help new businesses get off the ground to this kind of extortion. increased 17 percent last year. it's the main crime suffered by the private sector in mexico. been similar zillow's vs as bob. let's look at the 10 states that attract the most foreign direct investment. all of these states account over 66 percent and both of the extortion complaints at the national level and then the when last year, not t one is currently ranked as one of the 5 most violent cities in the world. official figures show that the private sector has spent nearly $4000000000.00 on preventative measures. one example is

a growing problem of cargo theft. the robberies force large companies to hire security escorts to protect goods until they reach their destination. experts estimate that violence and mexico is costing it one 5th of its g d p, a figure that discourages for an investment muscle for me in the business team here in berlin from all had of its d, w dot com slash business. or you can also find us on the t to e news to next time with making the headlights and what's behind them. dw news africa, the show that faculty issues shaping the continent. life is slowly getting back to normally on the street to give you enough reports on the inside. our

correspondence is on the ground reporting from across the continent, all the trend stuff, the mazda to you. next on d w a. do you like it? and with do you want it? okay, then, but go up, put the pedal to the metal and let's ride with read in 60 minutes on d w. o ah. guardians of truth. i have paid almost every price of being

a jew in the country like to a key taking on the powers that be they risk everything, john dunbar, meets activists, journalists and politicians living in exile. they live to which are they live for their mission? what drives them? people need to know what is happening there were sillies guardians of truth watch now on youtube dw documentary versus did up the news africa coming up on the program. the danger of what top pollution. we visit a community in nigeria that is su in south blaming them for spill in poison in so it's revis onto drinking water. also come.