in the $127.00 to $105.00 victory and his reminder of our top story at paris has been cleaning up after mass protests against the french government, french governments, controversial pension reforms, strikes of blockades and demonstrations, of quotes, widespread disruption and a visit to the country by britons. king charles has been always point. you're watching did up d, w. news, dw, business is up next. i'm tired. read. thanks to watch with . imagine how many pushes lunch are now in the world right now. climate change, the very heart story. this is life less the way from just one week. how much work can really get we still have time to go. i'm going

all with his subscriber for more with we've got some hot tips for your bucket list. romantic corners. hot spot for food and some great cultural memorials to boot d w. travel off we go. ah, deutscher bank shall have taken a di. it's the latest lender to catch the nervous. i have invested. so could it be the next credit suisse? was that coming up crypto exchanged by not halt at all trading on friday?

the bugs may have been fixed. the questions linger that were taking you to tier one and mexico one of the most violent cities in the world and dw 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 companies shares fell 14 percent on its 3rd day of losses. analysts have expressed surprise pointing to deutsch his recent restructuring efforts and relatively stable balance sheet. last year, deutsche bank reported his best profit 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 or viewed. the european banking system is robust and stable distance food. 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 unions. what's more important, we plan to full heartedly make progress for going on. i've also got some help, some to bring a form 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 our shots insists that yours banking sector is stable. is he right to say that? yeah, i think it's absolutely reasonable that he should say that there are many reasons why the european banking system as a whole, looks much more stable than parts of the u. s. banking system. it's not the whole us banking system, but particularly these regional banks, it's gotten into trouble. and also your banks, including those in germany, are not in much better condition than credit suisse, which has for a long time, be known to be and a lot of difficulties. so i think it's

a perfectly fine thing to say, but of course, with banks problem is if everybody lose confidence, then it, you know, there can be problems even in what appeared to be fundamentally reasonably stable and how the institutions and the ultimately what's driving the problem that we're seeing here on friday is just a lack of confidence. i think that's the case because i have been problems elsewhere. investors are nervous and worried that there might be other problems that pop up within the banking system. the you know, known 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 risks, such as the fact that interest rates are going up and the economy mike recessions, in which case 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 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 regional banks, which are generally smaller, although some of them are very big in the us. 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 whole 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 yeah,

that 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 loses confidence at once, 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 confidence is maintained. it's difficult to think of cases they directly 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 other on quite a big scale lurking within the banking system. then i think that fatty 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 spend, the most of their deposit base, the ordinary depositors who don't have huge amounts of money. right? you're 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 capital. i can always been really interesting hearing what you have to say. thank you very much. thank you. and staying with banking us, prosecutors are investigating switch banking giant u. b. s. and credit suisse for allegedly helping russian oligarchy. evade sanctions

to lender faith significant finds, if the justice department find evidence against us or therapies began investigation before the beginning of the banking crisis. the saw us agree to take over critic stay in the war to finance the world's biggest crypto exchange. finance 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, the larger 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 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 its financial wild west of sorts. that is the crypto world, the most stories in the crypto, well, it's coming out as well. don't quote me on parapro's charges leveled against them. can you tell them? yes, he was recently arrested. this if we remember is the founder of terror labs that's of terra u. s d and luna, these are the digital tokens that we saw completely collapsed last year, vaporizing $40000000000.00 and 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 u. s. with security fraud, wiring commodities fraud among other charges and also the new york stock exchange wars 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 data we 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, mercurian, ma'am. they left me

a wreath dedicated to my family and wished us a merry christmas mal good on another of my properties. they left a pigs head, though i didn't dare to file a complaint because there are people who have connections to 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 through them through 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 a crime that escalate it starts with the threat with damage to other people's

property and then people get hurt. i'm you probiotic kinda it will be meliss units of us. but soon 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 often 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 several sellers diaz's box. let's look at the 10 states that attract the most foreign direct investment of either all of these states account over 66 percent in both of the extortion complaints at the national level. and then the when must be among towana 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 do in used to next time with a to the point with strong opinions. clear position, international perspective as russian missiles and drones blasted ukraine, chinese president infusion ping concluded what he called

a journey of friendship and peace to moscow. could this friendship make china the winner as the ukraine war drags on? find out on to the boys. to that point. next on d, w rica, syria, russia's test love. the war of aggression on ukraine is the only war being waged by vladimir for the past 12 years. he has also been supporting bashar assad in the civil war against his people. this report gets to the bottom of russia's military operation in syria. in 45 d, w. o ah, guardians of truth, i have paid almost every price of being

a jew in this 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 will in to which they live for their mission. what drives them? people need to know what is happening there. are sillies guardians of truth watch now on youtube. d. w documentary. oh, oh. russian missiles and drones blasted civilian buildings in ukraine. chinese president jim ping concluded what he called a journey of friendship and peace to moscow. his warm reception there comes as no surprise. vladimir putin is badly in need of friends after the internet.