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tv   DW News  LINKTV  May 26, 2016 2:00pm-2:31pm PDT

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brent: this is dw news live from berlin. some said it would ever happen, but tonight, he has proved all of the doubters wrong. the real estate tycoon, donald trump, has clinched enough delegates for the republican nomination to run for president of the united states. our party leaders finally ready to endorse him? also on the show, g7 leaders agree fresh measures are needed to boost the global economy. they will announce plans to
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stimulate growth on friday. and protesters in france clash with police after a day of nationwide strikes. workers are in a standoff with the government saying reforms simply mean more, higher and fine. it's good to have you with us. tonight, donald trump has reached that magic number needed to clinch the nomination as the republican candidate for president of the united states. the associated press says trump has enough committed delegates to qualify as the nominee to run in the november election. trump traveled to fargo, north dakota today to thank the republican delegate who put him over the top. trump has defied the republican establishment to come this far.
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now he says he will focus on uniting the party and beating the democratic party nominee later this year. u.s. president barack obama was asked about trump plus candidacy at the g7 summit earlier today. obama said ward leaders were rattled by the prospect of a trump presidency. here is trump's reaction. mr. trump: when you rattled someone, that is good has many of the world, many countries and are beautiful world have been absolutely abusing us and taking advantage of us. if they are rattled in a friendly way, we are going to have great relations with these countries. but if they are rattled in a friendly way, that's a good thing, not a bad thing. brent: let's pull in our correspondent in washington, d.c., who has been covering this campaign from the day it began. let talk about trump? where does he go from here?
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he's got that magic number in the bag. guest: you can really see how donald trump is enjoying that the world leaders are talking about him and now he has reached the magic number. let me explain where the numbers come from because there are not primaries here in the u.s.. they come from unbound delegates in north dakota and pennsylvania. the question now is is donald trump going to change his behavior? is he going to try to look more presidential? i don't think that's going to happen. during the press conference, you could see how he was continually attacking hillary clinton and the democratic party. trump remains to be trump. brent: you have to wonder, the big names in the republican party, the ones who have not endorsed trump, how much longer can they continue to do that?
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can they come in and get on the trump train? guest: most of them will do that. this is going to happen in the days and weeks to come. house speaker paul ryan is trying to be some sort of bridge between the trump campaign and the so-called establishment. it is hard to be that because today, he gave a press conference saying he had a great conversation with mr. trump yesterday, but was it interesting yesterday is that he did mention this magic number is now a reason to endorse mr. trump. i think paul ryan is kind of worried the way donald trump thinks the executive branch works. as you know, donald trump wants to build a wall, and their
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nanational trade agreements and many other things. even the american president cannot do this without the permission of congress. brent: donald trump, getting the delegates he needs for that nomination for the republican party. thank you very much. the global economy is at the top of the agenda as world leaders gather at the g7 summit in japan. the heads of government from seven major industrialized nations are seeking to boost growth. the japanese prime minister urging his leaders to stimulate their economies. he fears the world could be approaching a crisis like that of 2008 when top banks were on the brink of collapse. also looming over the summit, beijing's posturing in the contested waters of the south china sea. china itself is not a g7 number
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but the summit is expected to produce a statement on the aggressive expansion by china taking place. reporter: it may look like these chinese tourists are enjoying an idyllic summer holiday. but their presence is as much about politics as it is about pleasure. their results -- it is one of a number of areas controlled by china but claimed i other countries. just under one year ago, the scene near this each looked very different. several clashes erected between chinese and the enemy's vessel's , set off by china's controversial decicision to dril for oil in the disputed waterer. vietnam refused to a accept china's claim to sovereignty, resulting in a standoff which was eventually settled. but analysts say the risk of
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armed conflict in the region could grope as china becomes more assertive about its territorial claims. beijing defined its territory with the so-called callused tongue, so-called because of its shape. neighboring states like vietnam and the philippines also lay claim to the area. the region is rich in resources like fish, oil, and gas. but it also has strategic importance. whoever rules over the water has control over important shipping routes. china has been cementing its hold on the areas five building man-made items -- man-made islands which experts claim can be built into military bases. the u.s. is also looking to exert its influence in the region. a u.s. warship began a mission in the islands and china saw a move as its sovereignty and
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initiated military exercises in the south china sea. u.s. president barack obama has demanded several times that beijing changed tack and put an end to the reclamation of the areas. president obama: no matter how large or small a nation may be, its sovereignty should be expected and its territory should not be violated. big nations should not believe smaller ones. disputes should be resolved peacefully. reporter: beijing says it refuses to tolerate influence from outside the region. >> we would like to solve the conflict peacefully and countries outside the region should respect our safeguardinig ththe region. reporterer: more than $5 billion worth of trade passes through the e waterway annnnually. any crisis or could cause serious damage. brent: it has been one week since egypt air flight plunged
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into the mediterranean. investigators a are the sprint o find the cause of the crash. the planes data recorders remain at the bottom of the sea. special vessels are trawling the waters where the jet was found. it is a race against time. the black boxes can transmit homing signals for only about 30 days. now for some of the other stories making headlines around the world. operations to clear a refugee camp in greece are moving forward. the camp sprang up on the border with macedonia. the last of the 14,000 people who had been living there were bust out on thursday. a norwegian aid agency says refugees in falluja could face starvation as government forces attempt to retake the city from the so-called islamic state. iraq launched a major offensive
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there earlier this week. a court in uganda has convivictd seven men of involvement of a twin bomb attack in 2010. 76 people were killed while they watch the football world cup at two different venues in the capital. the seven men will be sentenced on friday. protests in france over labor law reforms have turned violent. police in paris fired tear gas at angry crowds earlier today after a day of nationwide strikes. workers at the nuclear power plants are the latest to join protesting workers at oil refineries and sports. the message is the same -- and the reforms or face a homemade energy crisis. reporter: and other mass demonstration in central paris to protest the government's new labor reforms.
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then rocks, bottles and tear gas filled the air. >> the only way the government will listen to us is it people put pressure on it and the only way to put pressure is to block things and give workers from all other professions to put the country down. reporter: workers at oil refineries and the nuclear power stations walked off the job. they marched in other cities, angry over the reforms that would give employers more flexibility to hire and fire and we can the power of the unions. >> more and more people took to the streets today and i'm happy
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to see the number of people who came out, not only union members but citizens who have come because they are against this law and there comes a point when you need to say you don't agree. reporter: in light of the nationwide protests, the french government is drafting possible improvements to the lawaws text. >> there can always be changes and improvements, but changing the spirit of the law does not come into question. reporter: in the past week, blockades of refineries have led to fuel shortages and have prompted the government to trap -- to tap into it strategic fuel reserves. brent: let's go to paris now where peter allen has been covering these demonstrations. i want to start with the source
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of all of this anger. france is known for having the best and most generous labor laws. why are people s so angry tonig? guest: it is associated with all kinds of labor friendly measures, including the 35 hour working week. all of those attractive measures. at the moment, the government is ringing in reforms to change all of this effectively. it wants to cut back on time off and crucially, it wants to make it much easier for bosses to lay off workers and higher on short-term contracts. there is massive anger, not at any particular measure but at the very principle of this divine right of friends -- of
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french workers to be looked after from the cradle to grave is under attack a socialist government. this is not a far right government, this is a leftist government which is supposed to be on the sides of the people. brent: and you have the prime minister indicating he is willing to compromise. is there anything he can do to make the anger go away? guest: this is a typical tactic of all french governments over the yearsrs to reform popular measures and make them better. i don't thinink ordinary people are buying it. they want the whole thing is what and want to go back to guarantees and rights of keeping their jobs as long as possible. they want to keep the 35 hour working week and they think the prime minister is playing with them, trying to save the football championship coming up.
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he's desperate to make sure that doesn't happen. so i don't think they are buying it at the moment. brent: reporting on those strikes across the country, peter, thank you very much. we are going to take a short break. when we come back, more news plus business news with daniel.
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>> the dw media center -- see it live, find it again, here more of it. discover it's -- the oak, audio, podcasts and language coursrs in the dw media center at media centerdw.com. brent: welcome back. you are with dw news. at least two people are reported dead in the democratic republic of congo after crash -- clashes between police and opposition protesters. in the capital, police fired tear gas to break up the p prott against the president. after 5000 protesters took to the streets against land to extend his rule and postpone
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elections in november. a similar scene in other cities across the country where protesters face a heavy police presence. this shows the two sides coming face to the country's second-biggest city. the two deaths were in an eastern city where there were serious clashes after demonstrators defied an official ban on marching. the u.s. says a police officer and protester were killed. researchers from human rights watch posted several photos of children who were wounded when police dispersed the crowd. this shows a 12-year-old boy shot by a stray bullet when fetching water. the u.n. has called for restraint from all sides. u.s. president barack obama' use all to apologize for hiroshima has split opinions, but most
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people in the world agree they never want to see it repeated. given that, dw decided to ask just how much has obama done to make the world safer from nuclear war? president obama: the united states will take concrete step toward a world without nuclear power. i intend to seek negotiated cuts with russia to move the on cold war nuclear posturing. it meansns pursuing a world without nuclear weapons. america's women to seek a world without nuclear weapons. reporter: no u.s. president has rallied so hard for a world without nuclear weapons as has barack obama. he was praised for his efforts everywhere. in stockholm, he even received the nobel peace prize though he had barely taken office.
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but what has come from all that big talk? one analyst says the record is mixed. >> i would say the glass is half full on this one. but one could argue president obama had a very tall glass at the beginning of his presidency. reporter: when he first took office, he had a new treaty with then russian president, dmitry medvedev. a promising start. but flat amir putin returned to the top job and the ukraine's crisis ushered in a new ice age between the moscow and washington. obama also had problems -- a republican dominated congress approved a treaty but also approve the most costly weapons modernization program of all time. >> it is almost ironic that the
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president who was awarded the nobel peace prize for his efforts in arms reduction is the very same president that has laid aside a trillion dollars to modernize every aspect of the u.s. nuclear arsenal over the next 30 years. reporter: the figures are quite sobering -- george w. bush had the nuclear arsenal by half. by obama passed presidency, the nuclear arsenal has only decreased by 10%. but one analyst says he has helped to diffuse one of those pressing conflicts of our time, the nuclear deal with iran. >> it's a positive step in the right direction. some could argue he could have held on longer to get a better deal but this is a president who has made a deal other presidents were unable to achieve. reporter: it may be true that obama has not fulfilled the enormous expectations of him, but he has made his vision for a
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world without nuclear weapons a priority and that will remain his legacy. brent: daniel is here from the business desk to talk about the price of oil and it is defying gravity. daniel: they used to call it black gold but it has not been that stable. it reached $50 today for the first time. the brent crude price has picked up a massive 80%. traders see the disruption as a sign the market is coming back into balance, but the question is whether it can stay that way. reporter: the oil industry is a dangerous as this. injuries and death are commonplace. this fire broke out in a refinery in texas. if the equipment start working, there's less oil on the market and the prices go up. acts of sabotage have caused a
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lag. crude oil reserves have dropped off for medically and has affected prices. over the past 12 months, prices are down 50%. prices quickly shot up. the experts at goldman sachs think there's likely to be a shortage leading to a price hike . but seen in historical context, prices are still relatively low. daniel: sticking on oil, my guest has been talking with traders for us. what are the whispers on wall street? do the traders see a steady recovery? reporter: traders don't see oil
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going under the $30 mark and less there is a black swan event like saudi arabia detaching its currency from the dollar. that as iran increases its production, something that will force saudi to keep pumping, oil prices are already back to levels high enough to sing just u.s. production will come to a halt and could reduce prices in the coming months. reporter: what can happen before they start ramping up rigged production in the u.s.? >> as for now, there are oil companies earning around a 30% return, so as the price keeps rising, the relatively low barriers suggest many companies
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could turn the pumps back on. the rebalancing is necessary as a recovery. daniel: it is their there's big bucks to be made in free apps. snapchat has an investment in it. >> that is right. it can seem difficult to use at first but is -- it has raised around 1.8 billion dollars of fresh capital, so it's valuation is supposed to be around $20 billion, more than twice of twitter's market value. not bad for a company with revenues of $5 million last year. daniel: thank you for that update. turning to asia, things are not looking good for japan. the company narrowly missed recession. new data shows exports have fallen sharply in april and
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manufacturing activity has shrunk at the fastest rate since the current prime minister came to power. she and so on they has taken of a similar strategy, printing money to shore up the economy. now, the yen is getting stronger. you might need a plan b. >> for several years, toyota was a beneficiary of the economic stimulus program named after prime minister shin so i obey. monetary easy was a major pillar in his reforms. it sent the yen tumbling against the world's major currencies. companies like toyota saw foreign sales soar. the cheaper yen made products cheaper on the global markets and that meant toyota was able to post record profits year forr yearar. and the chinese economy began to slaughter, investors have been moving from the chinese you want into the yen.
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it gained 10% against the dollar inside 12 months and toyota has just reported a drastic slump in profits. he got the central bank rolling with the intention of financing economic stimulus and structural reforms were aimed at maker and -- making the labor market more flexible, but little has changed. japan is dipping in and out of recession. a sales tax hike caused consumer spending to drop along with corporate investment. the company drifted further into deflation. a second tax hike is slated for april next year from the current 8% to 10%. but critics doubt it will be implemented because three years after it was launched, the japanese economy has failed to improve. daniel: that's all the business for this hour. top stories we are following --
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french police have clashed with protesters in several cities after a day of widespread industrial action. workers in the energy sector led the strikes after outrage at government plans to make hiring and firing easier. and leaders of the g-7 nations have agreed to boost growth to revise the global economy. they are due to announce a mixture policy aimed at staving off a worsening financial outlook. after a short break, i will be back to take you through the day. stay with us.
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>> welcome back.
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you're watching live from paris. protests turn violent, thousands march against the labor force. powerplantt -- workers on strike. fierce clashes in cities across the democratic republic of congo. delayingf elections and sending his rivals abroad. and i knocked out all of my opponents and i got hit by a landslide. donald trump

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