tv The Day Deutsche Welle June 13, 2024 10:30pm-11:00pm CEST
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as soon as a wasted line katia ended with his thoughts. june 22nd on d w. the $37.00 zeta is amazing and it's right. you have agreed to lend you trade $50000000000.00 of russian money. this would be interest and profits on the proceeds of more than $290000000000.00 of russian assets seized by g 7 countries in the european union. now ukraine would use somebody to build that to buy weapons and rebuild damaged infrastructure. but is it legal? and who is on the hook for ukraine. bassett, by water and russian occupation defaults on the loan and feel gay of invalid. and this is the day, the
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wardrobe of things, the food in dribs us from doing the dread sounds good off to these pros and russian software and assets and the therapist to use for the benefit of the training people . they want to give you kind a big chunk of money. we're hearing some 50000000000 euros. i believe the russian should feel that this will is expensive. expensive not certainly for us, for the shots because we're not lead to anything good for the west. and we're unbalanced the financial system and creates a cataclysmic crisis also on the day on and teen is new president to have a 1000000 gets what he wants. i shop to, he's country in the way of a controversial economic over a whole bill. he's nothing near old. he's waiting for us to set everything on fire these month things. he's an emperor. uh, that's why i think he's crazy. it's not like that. these guy thinks he owns everything that he can change everything. nope. welcome to the day. you
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crunch president. a lot of me is that i'm still here has described it as a historic day for his country. lead is of the group of 7 industrialized countries of back to deal to use the interest from hundreds of millions of dollars in frozen as an assets to help you cry. ukrainian later. do you as president to joe biden, also signed a 10 year bilateral security deal on the sidelines if the summaries. there's a lot of the 2 countries to share intelligence and to continue to try and ukraine's forces. as incidents could also signed an agreement with japan for long term support is some of the 2 presidents said at the joint news conference. back in 2020 to 2 days after rushes, evasion, members of the g 703. and you to work together to freeze $280000000000.00 in russian central bank funds outside of russia. i'm very pleased to share that this
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week. this week. the g 7 sign to plan to finalize on lock $50000000000.00 in the proceeds of those frozen assets. to put that money to work for you, crane and other reminders to put were not backing down. in fact were standing together against this legal aggression. and thank you, mr. president for your leadership in the g. seven's decision on 50000000000 alone for ukraine. it's a viable step forward in providing sustainable support for ukraine in winning these war. well yes. ok. god is with the german marshal fund. think tank in brussels, is what focuses on trade and economic. he's also works with danish ministry of defense and for the us in iraq. welcome to dw. let's start with the basics. is this g 7 plan even legal? can you just freeze billions of dollars of a countries assets and then do whatever you like with the interest on it? or what i mean, i don't know if i would go as far as dates on presidents,
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but i certainly consider it legal, a gaming that russia is engaged in an illegal war of aggression against the neighboring country. and these assets are already seized within western financial institutions. and this would be a lo, so how would that work? who would ukraine a pay back to? and who takes the hit? if you credit and crippled by will come to pay it back. well, the loan will be seemingly issued by a syndicate of different lenders, presumably a mixture of public and private banks from around the g 7. and if you know, i mean this, this load is obviously predicated on ukraine. also maybe winning the war and in and then as part of a long term peace settlement winning reparations from russia,
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from which the repayment of the loan would comb. uh, obviously in the event that ukraine does not win the war. uh then the holder of the issue was all those loans would have to, uh, the, i mean the ukraine but be able to repay it and, and you know, the g 7 we start with the bill. so the good news here is that by agreeing to this loan, the g 7 is very much putting their own money on the line to secure ukrainian victory . and doesn't move like this. open up the us and europe, particularly to reprisals wants to stop russia during exactly the same season. you are paying a property and other assets as well. i think that's very likely that this might happen. but i would also say that those particularly european companies that are still operating in russia, we do so knowing that this risk of arbitrary nationalization by the russian government was always there hopefully be some of the such companies would already
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have written down the asset value of their russian operations to 0 that certainly in my opinion would be the proven thing to have done, or they would have taken out appropriate risk, sovereign risk insurance against these types of nationalization. so the bottom line is that yes, i think we should expect russian reprisals against european, particularly firms in russia. but these countries are not a group of companies that i could feel sorry for. they knew the risk. so this loan is set to be something like $50000000000.00. how far will that go? well, i mean, it's important to understand that this is $50000000000.00 on top of earlier commitments by, for instance, the european union, which has placed a $50000000000.00 euros until 2027. there is still an ongoing map program that also provides funds for the ukrainian government. and of course the us congress recently
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appropriated a sizable amount of money as well. so this money i'll be default the whole pot of money. therefore, in my opinion, certainly for the short to medium turn, and by that i mean the next 1818 months or so at a minimum of should provide ukraine, the financial capacity to continue to resist russian aggression. and so what will it be used for this particular $50000000000.00 pot? once that been a mouthful, this one is a little unclear yet, except that the g 7 of the, the so the right a read off from the g 7 statements. and that is likely to be published tomorrow indicates that different parts of the loan will be earmarked for, you know, reconstruction, some of it for outright military purchases and some of it for if you like, a broad base budget support for the, for the,
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for all the different expenses of the ukrainian government, wages and other things. so it's really likely to be a mixture that obviously also reflects the most urgent needs. 4 of the premium government when this loan becomes available at the end of the year, it may, may be at that time that military purchases are more important than reconstruction, or perhaps vice versa. we don't know yet and watch stuff with the interest on the seas. russian assets, why don't use the actual $300.00 the $1000000000.00 or 70 impression assets, but the u. n. g 7 have seized or what are there are there if you do that, i think there might be concerns about the legality of such a move. and this certainly in some european capitals, noticeably germany, but also former colonial powers drugs. and it certainly will be concerns about
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legal precedent. because these are obviously countries that have a history, both during world war 2 an earlier during the colonial era from which they may, there may be entities around the world that we've just do that. so therefore, this has clearly been resistance among european governments to go to the outright seizure of the underlying assets. there's also this issue that's uh, you knows that they are going to be providing the majority of the phones for reconstructing ukraine after the end of the war. and therefore, if you were to see the underlying assets today to provide weapons, you might be cannibalizing, so to speak, the part of money that wouldn't be available to pay for reconstruction after the war. thanks for talking to so that so clearly i ya could, could got phone, vague, german marshal fun. i will stay with the war and you
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try it on 2 years into russia's full scale invasion. ukrainian troops dug in for a long bull of attrition. and the next generation is getting ready w, i'm in a c, has visited the group of young ukrainians, practicing the basic skills they may need to defend the country. molly, on you have to come. the commander distributes rifles to the separate tactical group. replicas that is troops here only teenagers. so i'm not even that old yet. this is an after school club for the kids of shepherd, teeth can western ukraine. they need 3 times a week to prepare for life in a country at wal. mad. lena, that i took a junior sergeant and an air defense unit. it's the only adult here. she found that the program and 2015 with funding from donations grants and the local government after rusher launched is full scale invasion. in 2022, the clubs activities took on
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a new urgency. but elaina says her mission is bigger than just training future soldiers. so when you accept today, you want to invest the maximum and bringing up this generation maximum because the future depends on the actual needs they correctly understand who they are. so you think that their citizens of ukraine, they're needed here, that they can develop the country on was what was the only then will there be a future here and like, what do you mean an ex mostly as a supervisor, as the older kids teach, the younger ones hard, military skills, like how to assemble a real kalashnikov, then they use wouldn't rifles for the thrills, but there's no playing around. they are fully aware that their life may some day depend on this training. the enforced discipline and relish difficult conditions like a brief down poor. the drench has the field today. this is the 16 year old and the yellow is one that the younger kids look up to go. both his parents serve in the military and he's committed to doing the same. another one look forward to your
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allows whether i'm ready to go and fight on the front line in the hot spot. i think so, yes, for one thing, because this is my duty as a citizen of ukraine una dang basic skills skills that will help me in my training in the future. positive and always unhealthy. push the enemy out of our country. the reporter to the has the most reasonable at 12 step on is the 2nd. you have the group put him up. he hopes to take a different route, which is the name. so please to by you think you'd ever want to be a soldier to do much. there was no problem with it. that no my thoughts to some of which anything can happen to know. but if i want to study for a civilian job, there are hundreds of youth groups like this and ukraine, and that number has grown significantly since the full scale invasion. that's according to the youth and sports ministry, which provides direct financial support to the larger ones. in the last 2 years of industry, held conferences for youth groups across the country that involved 74000 young
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people probably will put it in his ordinary knowing ukraine. it's a time of internal reflection is a good life. i'm the one day's notice. i haven't so rethinking the question of how to raise the children for those so that the citizens of an independent and life. i'm capable country social. the other one is the last night on march 9th grade. and then after 2 hours of exercises, spirits are high. but the walls are covered with sobering reminders of the war. these young men are graduates of the programs of died on the front lines. several other graduates are still there fighting. but as of all you yeah, i worry check it for the when we chat. i know they can't immediately go online and read. my message is what you're talking about. but i'm always checking the messages to see if they've read what i sent them to, whether they've been online, whether everyone is there, they don't all answer right away. see you. but if they read the messages earlier than everything is fine on this,
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but they'll send all of it out as the change back into their civilian clothes. members of the separate tactical group are just kids. once again. some of them still have 5 or 6 years before they become adults and have to make adult decisions for others. that milestone is just a few months away. to read a minute and as a ministry on the listing, the wall studies department of kings college london. welcome back to the dw marina . and how does some of your studies will administer your tactics? like yourself view a story like this teenagers, even a 12 year old learning how to assemble, machine guns, and maybe to fight. good evening, phil. well, i have looked at wars around the world and certainly there are countries which do resort to using child soldiers. unfortunately enough, but from the western perspective, it's certainly very desperate way of preparing your
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country for a war. and that speaks volumes because ukraine is lacking meant power. we've heard the issues that have been caused by as a new grass school. we have heard that women will be mobilized as well, or are being mobilized, and now we're seeing children being prepared, being accustomed. so unfortunately, this is a sad reality. and i, i think it should give us, oh, a moment to think about how our world is moving and where we're going. and russia at the moment, a pianist not to be having problems, gets a listing kind of the photos. it was full of full this, this bottle because one of the russian tactics just seems to be throw benefit or not a russian tactics involve using mass of man power. as
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it is, however, the russians have changed their system and in terms of offering a very good some to those hor, willing to volunteer and go and fight in ukraine and the gas bonuses for destroying western equipment or for killing ukrainian soldiers. so it's quite an attractive way to go to get people to fight. and of course, we have to understand that both ukraine and russia, they happened preparing their populations in terms of designing the information spectrum and such a ways that people would be supporting whatever their respective governments or their bull additions are doing. so i think for the russian, it's working out quite well now on the 27th. amazing at today. of course, one of the possibilities to come out of this conference in italy is a 10 year 5 actual secure se agreement with the united states and the deal with japan also likely. what do you think is likely to be in those as well?
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i, i don't want to take any guesses. what i'm thinking is that there is an attempt to ensure that ukraine has the necessary financial aid. and it was estimated that over the course of 10 years, it would be needing some $486000000000.00 for reconstruction. and this is an important point because we don't know when the water will end, but whichever way it will and ukraine will need money for reconstructing the country. and i think that is one of the aspects that needs to be addressed straight away. and i think that's what the g 7 liter is trying to do when discussing on how to proceed with the frozen assets. and of course, um, what needs to be insured as a few crane has continued support the regarding of the political climate. and regarding of all the elections and the shift that we have been seeing since that you're looking for elementary election, that is this aide to ukraine can was tend,
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also turbulence as so to say on the us or pillar would be of course, provision of molar tree 8, because money as it is, cannot be readily turned around in the military equipment. we have seen that with artillery shells for instance. so as i think those are the things that should be or will be most likely the priority. okay, thank you for that. i will grateful as an military unless medina, amino from kings companies and thank you for having me. the, the 2 origin taylor where the senate has passed by the narrowest of margins. president have a 1000000 controversial economic reforms. the package aims to slash government spending and privatized public companies, as part of the presidents that pledge to shock argentina's economy of it's worse
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crisis, and 2 decades. but the prospect of grunting him sweeping powers to slash social programs and, and other changes respond to huge demonstrations in the capital. k o succeeds on the streets of what else i have is purchased as clashed with police and set fire to cause opposition. little make cause joining the protests of pepper sprayed and dragged away. like many of the demonstrations here, they see the new legislation can shrink. benefits like pensions. we can work as rights and save a big corporation. that may have been on this low attacks all work cause and origin . tina i'm a retired teacher and i do not want to be the last generation of retirees. in my family. i want my sister who is a doctor to be able to retire my niece, who is a student, and my daughters, who are professionals, and who will not be able to retire if the pension package pauses today. that is the
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they believe the bill over extends the president's power? no, no, no, no, we can be seen. he's not 0. he's waiting for us to set everything on fire these month things. he's an m pur. uh, that's why i think he's crazy. it's not like that these guys, things he owns everything that he can change everything. no. the rights outside congress reflect the divide on the inside, the bill was deadlocked. 36 to 36 until the vice president broke the time. she said, you go to those who voted in favor, shows change to only be one of those sort of can be today. we saw a too large and tina's and v o. now, so one violent argentina that sets cause i'm showing out all that through stern use at us and that to face the exercise of democracy and another argentina. thoughts as to why, cuz we're waiting with deep pain and sacrifice to the vote to be respected. the subsidy, the seal is settled. i say, if the house approves the new modifications,
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milady can claim his 1st legislative victory since taking office in december. let's take a closer look at this really about law. i'm going to who is an associate professor of political science at the university of one of us at us and she joins us from the audience and im comfortable welcome to the w president midnight if the guy who promised to during his presidential campaign to take a chain, so with the public spending any actually brandished an actual change. so. so isn't this what people voted for? yes, to be me. and you can see that the so called deborah nature and then the 2nd, let me find that in the context, office check done. suspicion i received 1230 and you made me think around. 4045 percent. oh, what the be?
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i mean, you do that yesterday, the web demonstration in congress by re phase. and today what people say, so it's supposed to be payments. so what they buy certain said if out of the country, the, by the around he's measures is to industry to how bad is argentine is economy? would you say, well, i think the economy to say by age and today we have a nice song and events and we know that in place, i mean going down, but it's the car related with the truck. and because in the junction, so it's to that nation, what was the problem?
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you know, he's been going down by the fight and we have an economy that's easy and not stop. so they tell him in the next mom is b as in tom barry. and i need to okay, thank you for joining us tonight. lot of guy bought a from the university of what a sense thank you. i will go down to the overhead football championship. has officially begun from football list, also euro 2024, wide and laser. so for the, for an audience in about $15000.00. germany's financial capital will host a 5 games next week before that germany facing scotland and the opening match in
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munich. on friday, the scottish funds that have already started getting in the mood and not more is going on behind the scenes. hosting the tournament is a massive security challenge with threats ranging from terrorism to hooligan finance. and the 4th a hospital on the secure st. preparations for your 2024. kick off for the euros is just our way. the action here has been in full swing for months. it's the security in the center for the tournaments, staffed by police officers from all 24 participating countries. post germany has tried to balance informing the public of potential threats without spoiling the excitements, easy to it's not a security situation as tents. this applies to cyber security, as well as, as long as terrorism in other areas. however, i can also say that there are currently no concrete indications of a threat and connection with the euro. but many germans still concerns. a recent
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survey indicates almost half the population fewer a possible attack during the urals security experts say the greatest potential threats is currently post by the islamic state of shoot i s k p. the turbo group is putting out propaganda like this one. calling for a tex on job and football stadiums, the phoenix norma from the color of the other noble foundation specializes in counterterrorism measures. he says radicalized individuals may be the hardest for it to detroit. they can easily buy a light bathroom, for example, a nice but also a gum. and with that they can execute such an attack and it's very hard for security or forward to use to prevent that, but also to money towards the set you up to date. and that was the day you can follow my show on the social media at cdw news basis headlines, of course, around the clock company, w dot com and the d. w. the
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to get ready for a breast, taking island discoveries, immediate gmc, the extraordinary place, leisure and relaxation. witness stories that won't delight to sense and guest insider tips. from long time locals experience the greek island and the many faces of their beauty. in 15 minutes on the w. 2, the points, strong opinions, clear positions, international perspective. many areas in eastern ukraine,
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our influence in the midst of the war presence of landscape is asking for financial aid and more weapons. germany pledges help put, wants to avoid an escalation of the war. on to the point we ask between here and the parents and europe defend itself. to the point. taking in 19 minutes on the w, the world, a free speech free trial and open access to free information for every stop dreaming. next, take action detail use global easier for them. 2024 in bunch of any register now autism and it's from all over the world. i'm ready to share their solutions and
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this is the deputy news line from the refresh back and for ukraine, the from the us and its allies, presidents of automated. so that gives you a bind sign of 5 actual security agreement. as the 7 leaders increase of funds you trans defense for the proceeds of frozen and russian assets are looking for millions of dollars for arms purchases and rebuilding infrastructure. also on the program european colts of human rights of holes hunger, his bond on the system, suicide, and check terminally elements wished to the side the timing of his own.
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