tv DW News PBS April 5, 2016 6:00pm-6:31pm PDT
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anchor: this is "dw news" live from berlin. the panama papers print the iceland minister resigns. and now, he has about two demands. also on the show, the kenyan deputy president is in the clear. the international criminal court throws out the case against him, saying there is sufficient evidence. he had denied charges after the 27 elections, and donald trump, the underdog. the republican presidential
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hopeful is trailing in the -- and documents would s world d powerful avoid taxes and conceal their wealth. coming under fire for failing to disclose involvement in an offshore company that have interest in failed icelandic banks. now, the former prime minister in that the rules were broken, but the allegations have angered many people in the country. >> the steps of iceland's
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parliament pelted with bananas, the protesters showing their anger at their revelations in the panama papers. in the city of some 100,000 people, the 10,000 strong protest was a solid show of distrust to the prime minister. the documents leaked from the panamanian law firm show that he and his wife bought an offshore company in the british virgin islands in 2007. in it, they had pledged millions of euros, money she had inherited. he sold his 50% share of the company to his wife for the symbolic sum of one dollar. eight months later. when questioned about her revelation, he said the bank had made an error in registering in both of their names. he insists he is guilty of no
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wrongdoing, but they say this was a clear conflict of interest. according to the leaks, there were interests in failed icelandic ranks, that the government was responsible for overseeing. he is now the first major scalp claimed by the panama papers. anchor: ok, we want to go to a journalist with the icelandic national broadcasting service, the ruv. good evening to you. what has been the response to the prime minister's resignation question makes -- resignation? reporter: it started with them meeting with the president, and they did not say much to the press. when the president came forward, he said the president had asked him to sign documents, allowing him to dissolve our limits and called elections, and just previous to going there, they met with the finance minister
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and others in the coalition government and make clear that they did not have support from the coalition partner for his government. he would have to absolve parliament, so it created a strange situation, and in an announcement that he would step down as prime minister, but not as party leader? the person who would take over would be his deputy. this is something that he's to be ironed out. it would indicate that the coalition governmet would be involved. anchor: so let me get this right. the prime minister is resigning, but he is not leaving politics, it will still be his party's leader, so he is not leaving politics. there have been lots of demonstrations, calling for him to go.
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reporter: there were those we saw from this evening, and there are calls for the government to step down. the finance minister was also mentioned in the panama papers. they have given an explanation as far as being part of an investment in property in dubai, which has since been discontinued, so he is also involved in the panama papers, but in a different way, and people are calling for more information. anchor: it looks like the panama papers have long legs there in iceland. reporting there from the icelandic broadcasting service, the ruv, thank you very much. all right, javier is here with
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business news, and they have been responding. anchor: yes, they say the cover-up must end. he announced plans for a national register that would force show companies to reveal the identity of its owners. that is in response to the panama papers, which, as you know, athlete decades of papers. how they hide their cash, let's take a look at that. not all of the show companies are based there. most are located in the british virgin islands, which is a u.k. territory, though not subject to eu law. another favorite tax haven for the firm are the islands off the coast of east africa, known as the seychelles. also a place to go if you are a millionaire. they have accounts all over the world, in the united states, asia, and more, --
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reporter: within 500 banks set up accounts through the firm in panama, including the names, like hsbc, and swiss banks credit squeeze and ubs. german banks allegedly took part in this, including germany's largest lender, deutsche bank. they are holding investigations, and they expect to hear from authorities. >> we have to investigate individual cases, why they have got people having accounts offshore. we need accountability. if you are a rich individual, and you are not saying her taxes because you are having a money offshore, it is fundamentally unfair. also, we do not have the money
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for public services. reporter: they say setting these up are not illegal, and business activities are structurally -- strictly regulated. it comes as little surprise. the german commerce bank agreed to pay fines because of dubious business dealings in panama and luxembourg. javier: that is all for now, and i will be back later with business news. anchor: new president of world soccer's governing body is getting involved, according to wednesday's edition of the friday paper. he was only elected back in february after valley to clean up the sport after color -- corruption scandals rocked the organization. they say there are tv rights connected to an offshore entity carries his signature.
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fifa said he had nothing personally to do with the firm, which could be the case. marc is here with our sports desk. try to understand shell companies, you need a degree just to know about this. reporter: yes, his signature has been found on a contract in these panama papers. basically, it it was for a offshore entity, which sol the rights to the champions league matches to it gregorian the company, -- to an ecuadorian company. they say this is all above board. this is what happens. this offshore entity was working on behalf of them, but it still
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smells, and a lot of the major fifa scandal we have had in the last two years has been about television rights. anchor: do we know -- was he authorized at the time to sell tv rights? yes, so that is all kosher, and why were they selling it directly to the ecuadorian group? and it is messy. perhaps the world's most famous footballer has cropped up, and he is facing a tax evasion case in spain, and we have no idea if there was anything illegal going on. he has basically come out and said he will sue the newspapers who come out. anchor: and it also involves his
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father? reporter: yes, it is very complicated, but barcelona and his family are standing by him, but there was also the fifa ethics committee, that was there to clean up the game, is possibly implicated as well, for having business dealings. anchor: as always, thank you very much for you the international criminal court has declared a mistrial in the case of the deputy kenyan president, william ruto, throwing up the case against him. he had been charged in the postelection bloodshed after the election, where more than 100,000 died and another 600,000 displaced. some witnesses have withdrawn their testimonies. the court also said clinical interference had made a fair trial in possible.
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and let's go to our correspondent, edith. there is a lot going on here. we have got political interference, corruption, interference with witnesses, and now a mistrial. what do you think this says about the proceedings? edith: what it does say about this one specific case, it has been a long drawnout case, and nothing has come of it. obviously, as we have seen today, and a lot of reaction is coming from social media, especially from kenyans, and this is what is happening with this case. anchor: there has been a variety of reactions in kenya. how did the victims feel about this decision, and what did the government say?
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edith: surprisingly, there have not been news items. and they said they are going to have a special thanksgiving service for the deputy president, but nothing was said of the big, and president ruto did say they would do whatever they could to fill the gap led by them, but they are not speaking at all. president ruto trying to put on a brave face with this happening in germany. plus, they're also trying to get them to move forward in terms of investments, and that is precisely what he is going to be doing in germany tomorrow. and speaking to the deputy chief of staff, this is what he said about the meeting tomorrow and why it is critical.
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>> today -- [no audio] reporter: she will be responsible for any bilateral agreement with german chancellor angela merkel during their meeting in berlin. the agenda includes development, trade, and cooperation to boost kenya's potential. >> kenya's role as a regional peacemaker, and what to be get from countries like germany in strengthening that role, and strengthening our ability within the region. reporter: the two leaders are also expected to discuss
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♪ anchor: welcome back to "dw news" live from berlin. our top stories print the panamanian papers have claimed their first casualties, with the icelandic prime minister resigning. street demonstrations across the country have asked him to go, and it seems he has about to those demands. hillary clinton and donald trump are both underdogs as voters head to the polls in the wisconsin primary today. democratic candidate bernie sanders is hoping to secure a
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win to keep up the pressure on clinton. on the republican side, donald trump has been trailing in the polls, so he made a last its to win over the voters. reporter: a tough challenge for republican front runner donald trump. wisconsin is the birthplace of the republican party, and it is key in the race for the white house. in this state, trump's republican rival ted cruz is leading in the election polls. if truck managed to win in wisconsin, experts say he could snuff out cruz's campagin, so he has a last effort to try to woo voters. mr. trump: i want to be treated
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fairly. i won louisiana, and i find out i have fewer delegates than a guy a -- i easily beats. mr. cruz: we are going to bring jobs back to america and defend the bill of rights and keep america safe from islamic terrorism. look. donald does not have any answers, so his response whenever he gets upset is he yelled and curses and insults people. that is his comfort zone. reporter: the winner in wisconsin will take most of the 42 delegates on offer, but if none of the candidates are the winner, the nominee will be chosen in a series of votes at the republican party convention in july. anchor: ok, time for some business news now. javier is back. twitter is changing the way we are looking at sports.
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javier: replacing your tv. that is what the social media platform is hoping to do. they want to stream thursday net games live. according to bloomberg, the social network one against other networks to show games outside the united states. twitter has yet to make a statement on the deal but is expected to set a precedent for life coverage sporting events on social media. ok, for a closer look at that, let's turn to our reporter. do you think this might be the answer to all of those doubts about its profitability? reporter: >> well, it is not fully sold to wall street. then again, twitter has not been profitable in the 10 year
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history, and it is not only about profitability. what we also saw with twitter is the user growth has stagnated and there will be more users for the nfl, outside of the united states, and it looks like twitter paid less than competitors were willing to pay. the do not have their numbers yet, but there is talk about something like $10 million, $50 million for those games, so it is roughly $1 million apiece, so that price does not seem too ohio. -- too high. reporter: pfizer and allergen. what happened there? reporter: three is a charm, you
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could say. they are trying to bring in new to make inversions, and they agree to buy allergan for around $160 billion, and the basic idea behind this acquisition is to move their headquarters from new york and to avoid the higher taxes here in the united states, and the u.s. treasury came up with rules that say it looks like that might actually blow this deal apart, and we saw the stock with allergan, it will be off by about 15%. javier: all eyes on that. in nigeria does not have enough fuel for its domestic market.
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that means they depend on imports for around 80%. the pressure of the local currency makes it difficult for the operators to fund the imports. reporter: anywhere to go across the country, motorists what to buy petrol have to get up early. they hope they will be able to fill it up. >> 1:00 in the morning. it is about three times now. it is different. reporter: an increasing number of black marketeers are trying their luck. but they cannot meet their demand either. the lines keep getting longer. the shortage is having a dramatic effect on the already
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faltering economy. >> the hours that i spend reduces the production, because by now, i would have settled down. settling down by 10:00. productive use for nigeria. reporter, despite being africa's biggest oil producer, they import most of their fuel. it is their worst crisis for decades, and the dollar's new to pay for fuel imports are drying up. javier: an investor's paradise. when myanmar opened up, it was dubbed the last frontier.
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rich in resources and a population of $60 million, but some are very close to us, as we discovered. reporter: take a close look at the merchandise before she makes an offer. >> it is good, but it is short. i can only sell those for $.15 a gram. reporter: one of the many traders at the market. most of the hair she cuts here goes to china for hair extensions and real hair wigs, but business with china is just not what it used to be. >> the difference is not just the price, but today, we can only sell longer quality hair. short hair does not sell anymore.
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they used to buy everything from us. reporter: long hair is considered a beauty ideal in myanmar. most women only cut their hair when absolutely necessary. >> of course i do not want to, but i have to pay back a loan. i tried to get a loan, but that did not work, so now i am here. >> be 14 euros hardly makes up for the cost. >> i feel like breaking out in tears. reporter: she can sell the hair to a wholesaler for a one euro markup. if she is lucky, she can make a 50% customer profit. >> a lot of foreigners like burmese hair. i have even had black africans buying here from me. reporter: burmese hair is the finest there is, she says, and it is 100% made in myanmar.
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javier: that is it for the business use. -- news pre-back to you, brent. brent: bad news for an italian, looking for the former coach. this is for his alleged role in a match fixing case. infante has already served a band over the 2011 case but has always denied wrongdoing. the verdict is due in may. well, they say 40 is the new 25 or 20, especially if you are a winter sports great. the 42-year-old was due to retire this year but has changed his mind. he won a gold, a bronze, and two
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>> greetings from berlin and welcome to our highlights edition, which shapes up this time around with the following top stories. austrian eva walkner is one of the world's best freeriders. instaminiseries are an up and short and sweet coming way to , use video on the internet. digital innovations revolutionize the tourism industry. >> and we start off with a female athlete with guts to spare, eva walkner of austria. she is both a sports journalist and a professional freerider, which means she spends most of her time skiing off-piste, and
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