tv DW News Deutsche Welle November 7, 2024 4:00am-4:16am CET
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strongly our services be our guest at frankfurt airport city, managed by front board the . this is dw news live from berlin. germany's governing coalition collapses. chunk of the old off, schultz, sax finance minister, christian lender, and says he wants to call a confidence vote for january. also coming up earlier today, i spoke with president he liked promptly and congratulated him on his victory. i also told him that we will help him and his team with their transition and that we will engage in a peaceful transfer of power. vice president, cala harris speaks, the supporters after conceding the election to donald trump, the
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obviously from beardsley invalid. welcome to our program. we begin with breaking news here in germany, where the governing coalition has collapse and transfer all off. schultz has called for a confidence vote in mid january. shots made the announcement after dismissing his finance minister closely on lender, who was from the business friendly freed democrats. they form is part of the country's 3 party coalition government with the greens and the chancellors. social democrats, the confidence vote could trigger new parliamentary elections by the end of march. take a listen to how schultz explained his decision. it is, you have it in buddhist. i asked him permission from the federal president to dismiss the finance minister. i was forced into this decision in order to prevent damage to our country so that we need a government capable of taking action that has the power to make the right decisions for our country. that's what i needed in the last 3 years. and that's
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what i need now. i made another extensive offer to the free democrats earlier today, so that we can close the holes into budget and to avoid throwing our country into chaos. did you look at one of the south, central eastern, con, owner ones, a long distance calls system shots as decision follows? months of division in the german government over the budget and during a major slow down of the german economy, free democratic leader in finance, minister christy on lender blame chancellor schultz for the break up the um. fortunately, we made suggestions for an economic time around 12 to put the country back on the path to success. folks cause so being any, got people cut the less bureaucracy that's taxation. mazda should programmatic energy and climate policies control more control of immigration. lifestyle can at the same time strengthening the individual responsibility performance and encourage innovation, right? these are for the suggestions, so i'm not even accepted as
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a basis for discussions by the social democrats and greens. ok, it's up to you. it's and that's the outgoing finance minister. there max hoffman is head of news at the job you. he has more on how the chancellor explained to break up this. steven, the overarching argument was his responsibility towards the country and he felt like he couldn't be in charge of that responsibility with this finance minister, which he called, among other things, by the way, disrespectful egoistic and also small minded. so you could tell, there was a lot of pent up frustration there from weeks if not months of conflict, you're putting the blame squarely onto cnn or the former finance minister of course of interest. we just heard, had a very different perspective on things, right, weeks and months of conflict leading to this breaking point. what timeline has schultz now given for the, the coming weeks and months ahead?
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we are done in the sound bite earlier and the plan is to have a vote of confidence in january. um one of shots explains the rather late date that's already been criticized by the way, by opposition politicians because he wants to introduce some laws. once we get some laws passed by the end of the year, so basically uh, get things done that he still had planned. whether this is going to be successful or not is, is a different story and that lands him on the 15th of january for that vote. of confidence if he loses that vote, which seems extremely likely at this point. that brings us to march for early elections and then probably a new government for germany. max, help us understand this point a little bit more if the governing coalition has essentially collapse. why would we not see new elections immediately in this case? it's, it's basically up to or left. so it's to set the date here. and as i said earlier,
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you know, there are opposition. politicians who say this needs to happen as fast as possible . ideally this year, so you could have early elections as early as january, but she should forget, you have christmas. you have the holidays here. that would make things a little more complicated. and you know, it's not completely impossible that there might be some calculation on behalf of or off shots and his party there that if given a little more time, they might be able to convince voters that they're, you know, they're worth another vote in march with those laws have a little more time for campaigning. so all of these factors might play a role here, but we don't know for sure. what if anything, can we say about the timing of this announcement following donald trump's re election? should we read anything more into them? as i thought about that and because beforehand, you know, a lot of people said is trump, is elected, that might actually be an argument for this call. listen to,
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to get it together and try to continue. but uh, i wouldn't worry too much into it because of the don't forget, it seems, it seems so far away now. but um, 24 hours ago. we uh, we thought we all thought because of the polls that com, la harris at a very decent shot at the company, the president's meeting. nobody knew that trump was really going to be the next president. and uh, so putting everything in a plan like that and the timing seems unlikely, it's much more likely that this is build up and, and the deciding factor here, among others, was the budget negotiations because the plan was to, to try to nail down a budget by next week and for 2025 and it was always clear that this was going to be a rather big obstacles because the views on what this budget should look like and what should be fine as and whatnot. we're very different within this cold issue. all right, dw, set up news next hoffman there. let's take
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a closer look now at how germany is govern governing coalition reached its breaking point. the tensions between the parties in germany's government had been growing for some time with economic policy, causing the biggest clashes between the chancellor, olaf, schultz, economy minister, robert havoc and finance minister, fist young lender. the next election wasn't scheduled until september of next year . now it looks like it might happen in march and campaigning. we'll be getting a lot sooner. next, mid gigabytes, special bad. i find that totally irritating and also super disappointing. i have the feeling that we're already in election campaign mode. so stuff people are no longer interested in finding real solutions within the group, but only in positioning themselves with it to me, i think that this one, i think it's an unworthy spectacle. that's happening at the moment. one working against the other with no common ground that can be established. the disagreements at the center of the collapse revolver on how to revive jeremy slightly economy,
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which shrink last year and barely avoided recession this year. the country continues to struggle with high energy costs and fears, competition from china, particularly in the automotive market. both consumer and business confidence is low . and what else? germany faces and nearly 10000000 euro gap and next year's budget. how can i get out of this mess? that's the question. how back and lender have very different answers to callback believes targeted government spending will stimulate the economy. well, lender wants spending costs as a soft and climate regulations. one thing everyone can agree on is that the divisions are damaging to all parties and that the collapse comes at a particularly bad time for germany. jerry and i, the future policies of us president elect donald trump, are expected to pose a king's challenge to european trade and security. and now germany long regarded as europe leader and international issues is distracted by domestic affairs.
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database chief, political editor, michelle, a customer has more on europe's biggest economy, being mired and political crisis on the same day that donald trump was re elected. this was the split talk to the timing because this actually happens. the announcements by ourselves came as i was possibly standing at howard university, waiting for pamela harris and her concession speech. so quite an eventful 24 hours that leaves the united states in a very different kind of house for the future. also, europe, and suddenly germany is europe's largest economy and is rather unbelievable that keeps talking about how many billions are missing out of its budget. one of the richest countries in the world. and this will add more uncertainty to the weeks, months next year to come. as donald trump comes into office here in january, that will be the moment when the german chancellor actually has this vote of
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confidence in parliament, which he is fairly certain to do's. and it will take stephanie's president to otherwise only has a ceremonial role, to actually take that decision and fix the new elections. and that's why this is not leading immediately and very, very fast to fresh elections, to stop elections. but that's also because old ourselves clearly doesn't just want to get a few more laws through the also once a bit of time to talk with the current office. as indeed escalation mats from the conservatives. good, he still has hopes that he can afford some kind of minority and government, some kind of cooperation, despite the fact that he's been, he's been told by flourish, match the opposition, the that, that he's simply not up for that help us understand the background of this max told us a little bit about what's been happening over the past years, especially the last few weeks and months. we saw in his speech data shorts with right after his former coalition partner. was this break abrupt or to what extent
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did we see it coming? or it was like watching a very unhappy 3 way marriage unfold, which ton it started up beads and it turned out on the 15th of november 20 and 23. that's when dummy's constitutional court ruled that the budget, those 3 parties would force together wherever you would have gotten a lot of what they wanted. i'm actually simply was blown out of the war. so by rooting that said, they cannot use 60000000000 for climate fund that was funding a lot of this. and ever since they've been trying to find money to finance the glue that was keeping them together, that each policy was guessing products was guessing as suddenly a funding directed its way into it's most key projects. so a lot of that was climate as well. climate related, so they never really recovered from that ever since. it took ends as rounds of
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debates. compromises that were then questioned again, agreements that were once questioned again until we actually lived at this very point, which has been described by the vice chancellor leading figure of the greens them all by topic as the worst possible time. yes it is. but if germany wants to, again, represent what is known for stability in europe, and then it needs a stable government and this government hasn't been stable for very, very long time. the worst possible timing, perhaps in part because the economy and the crisis that's going on right here in germany. what does this crisis mean for the future of the german economy, at least in the near term. and the middle term there's, there's 2 arguments that they shouldn't have broken up because it needs, this is a decision is now to stabilize them. these economy, if you speak to people who are actually in the economy running companies, they are simply sick and tired of the debates. they just saw
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a proposal from the topic of the trade minister advice on so they sold proposal from the finance minister. they simply know what it, what will be the road ahead? what would be the tax rate? would it be more competitive with the united states, particularly as they expect to take a hit when donald trump takes over as us president. and this goes beyond any kind of terrorist, this is donald trump, solely requesting also make is to produce more in the united states rather than in europe rather than in germany. and it's no coincidence that we so the that sector, the automotive companies, dips top the at, at the, in trading today. where as um we sold tesla, which is own, so we're not, well not owned anymore, but led by a loan mosque actually, sky brokers because these, this will be the new set of circumstances that dominique,
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the german government and german companies will have to respond to once donald trump comes into office and they want to see some clarity on the plan. ahead by then and looking at this now they're still unlikely to get it to be as cheap political editor, michelle, they're talking about that coalition break up. that's unfolded tonight in berlin. michelle, thank you and let's let's have a look now. some of the other stories making headlines around the world. somebody's official say is really air strikes on targets in a central back hall valley have killed 40 people more than 50 were wounded. israel also lost a series of airstrikes and be rude after warning residents to leave for neighborhoods . israel says it is targeting infrastructure belonging to the militant group has blo, including command centers and weapons, depos. hurricane rafael's, mainland fall in cuba. packing winds of nearly 200 kilometers per hour,
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more than $70000.00 people have been evacuated from threatened provinces of the caribbean. island meteorologist of warrant of the threat of storm searches and flash flooding. flooding. wildfires have destroyed thousands of homes and forest. thousands of people to flee in california. governor gavin newsom has requested federal assistance to contain a growing fire northwest of los angeles. strong winds of nearly 100 kilometers in our, our fanning the flames. staying in us now where vice president couple of harris has spoken to her supporters for the 1st time since her election to feed to republican donald trump. he stays a remarkable come back to when the white house for a 2nd time, after searching to victory in a string of swing states. harris accepted the loss at howard university in washington, dc where she held her election watched party on tuesday. now i know folks are feeling and experiencing a range of emotions right now.
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