tv DW News PBS May 12, 2016 6:00pm-6:31pm PDT
♪ anchor: this is dw news from berlin a great day in washington dc, the words of donald trump after his meeting with paul ryan. paul ryan did not seem sure. very warm and pleasant is how he describes it. are they able to bury the hatchet? and the president of brazil will face an impeachment trial, she remains defiant despite being suspended from the office for the next six months. what does this mean for the
biggest democracy in south america? and kenyan athletes getting ready for the olympics, but it could be in vain because the team could be banned. we will tell you why. ♪ anchor: good to have you with us. two men, one party, and a lot of maybes. on thursday, the two most powerful men in the republican party met for the first time. presidential front-runner, donald trump, and house speaker, paul ryan. after they rendezvous, paul ryan said he was encouraged by what he heard from the businessman and that the meeting had been productive. but he stopped short of offering support to the nominee. he says it is the beginning of a process that will take time.
an interesting way to describe it. we will talk to richard walker who has been following the story. good afternoon. we have two interesting characters. paul ryan, donald trump, can we even say that they began to build a bridge to each other today? reporter: that is the message they have been trying to get across. they are different people, paul ryan is a serious minded reform oriented conservative against donald trump, who we have been witnessing over the last year as a sort of flamboyance populist nationalist. in private, paul ryan thinks that donald trump is not qualified, but he is not really much of a true conservative. after this meeting, the joint statement they put out was all about stressing the importance of unity, saying that the
differences between them are very few in number and that the most important thing this year is to beat hillary clinton. so very clearly, the direction of travel going toward an end to this. anchor: after the meeting, paul ryan had a press conference and we were watching that. what struck you, what did ryan say or maybe not say that struck you the most? reporter: yeah, of course, the big question that everybody had for him, all of this talk about unity and nice words about donald trump is fine, but will you actually endorse the man? he dodged the question. we will watch a quick clip. >> the process of unifying the republican party, which just finished a primary a week ago, perhaps one of the most divisive primaries in memory, takes time.
there are people who are for donald trump, ted cruz, who are for marco rubio and everybody else. it is important that we do not think -- fake unifying my that we truly unify, so that we are at full strength in the fall. reporter: so, what he is trying to do is send a clear signal to the people who are opposed to donald trump, those who are never choppers -- trumpers, that he is doing due diligence or them, that he will make sure that he is someone who they can fall behind as the candidate. the strongest never donald trump-ers are not buying it. a conservative journalist who is the leading light in the movement, tweeted that unification means conviction relation -- and pixelation, and that that was a depressing press
conference. they have grounds to be skeptical. if paul ryan was going to oppose donald trump, he would have done it already. anchor: it makes you wonder, when will donald trump stop calling himself a republican? ok, richard walker. thank you. anchor: from one man who once -- wants to become president, to a woman who wants to remain president. the president of brazil, rousseff, is heading for impeachment. she will be suspended from office and put on trial, accused of manipulating government accounts to impress voters in the last election. she denies any wrongdoing could she will be suspended for six months while the child explains. [chanting] >> a fighter for the brazilian
nation, they cried. members of the former cabinet gathered to show confidence in the now suspended present. in spite of the decision, nobody is planning on giving up the fight, least of all rousseff herself. >> what is at stake in the impeachment process is not just my mandate, what is in play is a respect for the ballot box, the will of the brazilian people, and the constitution. >> with her head high, she greeted supporters waiting for how outside the presidential palace. these people see the suspension as a coup, motivated by politics. reporter: it was after a marathon debate in the senate that 55 of 70 senators voted to suspend rousseff. they want to put her on trial for manipulating famine to that finances to hide -- the finances
to heidi deficit. >> she must be removed. confidence with the market will return after her dismissal. reporter: her opponents blame her for high unemployment and the collapsing economy. they see the removal as an opportunity for change. >> i used to like her, a lot. at this moment my thing that brazil should be congratulated and i am sure that things will get better. reporter: the senate now housed 100 -- now has 100 days for the child in which -- trial, in which they will decided she should be removed from office. an all-male business friendly cabinet has been put together. and there is a former governor of some hollow as the foreign minister. anchor: government and markets
do not like impeachment. the economy is already sluggish in brazil. what will happen now? reporter: we do not know. it is nothing good. at least, not short-term. the political turmoil is coming at a time with the worst recession in decades. 75-year-old -- has promised to cut spending. for weeks, he has been quietly putting together a new cabinet, as we saw. here is what he plans to do. rousseff is out of a job, and her replacement has a big job ahead of him. hope our higst -- hopes are high that he will stop the labor market from committing -- from losing jobs. not only local players are counting on him. international business community in brazil is watching him is like.
-- watching him closely. >> we want out of this political crowd is best paralysis -- paralysis. we hope that brazil finds its way to growth. this has been hampered by the political situation. reporter: the plans are bound to be unpopular and will have to pass through congress, yet business is stabilizing and the stock market is rallying, sign that the road to recovery is painted in hope. reporter: back with more business news later. anchor: we will stay with the story and the impeachment of the president in brazil. we are in rio tonight with the story. philip, good evening, good afternoon. we see that if rousseff remains
defiant, she says that she will be a fighter, but what weapons does she have left at her disposal? reporter: the biggest weapon is not to resign, to go through the process. the trial has started and she will have possibilities before the senate to defend her position. in the end, the senate must vote again and her opponents will need two thirds of the vote to impeach her. when we look at last night, the senate has exactly two thirds of the vote. if she wins over one more senator, and remain in office, that is something she can help for and fight -- hope for and 54. -- fight for.
anchor: mathematically, there is a hope for her to return to office. let's talk about the vice president, the ally turned enemy. he has promised to jumpstart the economy and change things to be the way they should be. will he do that? reporter: it is difficult to say. he wants to do a business type politics, frankly. you have to see in what way he will be able to improve the lives of the regular resilience with -- brazilians with that. he will be cutting social benefits and limit them, as well. all of this without an election, so if it does not improve lives with education or health care,
he might face protests in the street. anchor: philip. think agreement. british prime minister david cameron has shown progress in pursuing corrupt individuals, this is after an anticorruption summit in london today. he announced that a handful of countries would join great britain in making registers to show who really owns companies. he says that beating corruption would solve many world problems. >> transparency international's latest figures list afghanistan from second on bottom of the list of corrupt countries. the president of afghanistan says the right against -- the fight against corruption is for the long haul and they will cut
down on those who are passing drug money from afghanistan. >> it is for you and all of europe to go after the drug money. the u.n. test out of $500 billion -- out of $500 billion that was found, there has been a prosecution. reporter: nigeria is ranked on the same index. it has appealed to develop countries to help track funds that are coming out of the country. focusing on the oil sector. >> we want to create a structure and a strategic action plan that will include tracing and facilitating the recovery of stolen funds and assets hidden in secret accounts abroad.
reporter: on the eve of the anticorruption summit, reports emerged that french authorities are investigating a payment from the japanese team. the japanese officials say that they will take anticorruption measures. >> we will continue to work closely with the sport organizations to improve transparency and fairness through activities such as anti-doping activities. reporter: the heads of state and ministers all made promises, ranging from fighting bribery, to stepping up intelligence and law enforcement corporation. anchor: you are watching dw news. still to come, the french government has survived a vote in parliament after bypassing opposition and looking at labor
♪ brent: welcome back. the top story, u.s. house speaker paul ryan says he had a very warm and pleasant meeting with donald trump. it was an attempt to bring the party together, but paul ryan cannot bring himself to endorse the presidential hopeful. the french prime minister has survived a no-confidence vote after opting to bypass opposition and impose reforms on the labor market. those reforms prompted demonstrations that resulted in
scuffles between police and demonstrators. polls show that three quarters of the population oppose the reforms. they say that it supports business too much. demonstrations have resulted in schools being barricaded and roads blocked. ok, our correspondent lisa lewis has been following developments in paris. good evening, lisa. so, why are these reforms making so many french angry? reporter: this is typical for france, the country is known to be almost unreformed double. if you look at the labor law, the wording is not that radical. it brings in flexibility for companies that will be able to negotiate working hours and pay for a limited amount of time on a company level, but it is not a major overhaul of the labor
legislation in france. yet, it is as if the labor law has become a symbol of capitalism. that happens whenever a government, left or right, tries to bring in economic reform here. the unions go to the barricades and try to stop the reforms at all costs, because they think as soon as they open the door to one reform, it will bring in others. and that will be a first step, a downward spiral, toward a market oriented system such as the one we know in the united states. that is why it has been full of fury, this is a symbolic debate. brent: we have a reforms that will be imposed, what does this mean for the president and his government? reporter: the president meant
this law to be an offensive to gather support from entrepreneurs, and from conservative voters. normally, he would not vote for the socialist party. that has backfired. now he is lacking support. 70% of people are against the legislative -- the piece of legislation. even members of his majority have come out and said, we cannot support this initiative, it goes against socialist values. it seems like the president is already the most unpopular president in the history of the fifth republic. he is going to be even more unpopular now. brent: amazing. most charm offensives do not have people barricading schools. thank you. ok, time for more business news.
we take a look at one of the most controversial companies giving investors something to talk about. javier: definitely something to talk about and think about. you either love it or hate it. reports circulating that month santos -- munsanto was interested in a german company. the rumor mill is churning again. they are -- bayer is thinking about buying the german company. reporter: genetically modified plants in a lab, high-yielding and low maintenance. they are meant to feed a global population in a time of drought. but not everybody is happy with them. these protesters, because genetically modified plants are often thought to have sterile seeds, farmers have dependency
on the crop companies. they think that it is harmful to health. despite setbacks, genetically modified germs have spread. and these types of places have expanded. but there has been none of that in germany. widespread popular resistance means that manufacturers do not bother with applying for approval. german chemical giant -- has moved abroad. but if the gm of pioneer falls into german hands, the demand of the home market are as important as they used to be. javier: we will take a look at the genetic code of that deal. do you think that wall street investors assume that this deal will ever get there?
reporter: actually, it was funny. when the news broke, i got a couple of e-mails from friends in germany who are shocked, because they know that this company is a controversial company, especially in germany it is not popular. again, the buyer -- bayer does not belong to the german public. they probably care much less. wall street in general seems to warm up to the idea. initially, the stock was up by 70%. -- 17%. and then we have seen a lot of insulation -- consolidation in the industry lately with the merger of dupont and dow chemical, worth about $130 billion. that deal gives them authority,
less ammunition to block a deal between bayer and mansanto. javier: even if it is a controversial company, it is a successful company. why would they put themselves up for grabs in the first place? reporter: it is a successful company, but lately it shows that it is not wired -- not very diversified. it depends on a few products and over all, in the agricultural industry, we saw a lot of pressure for three years, pretty much a fall in prices for corn and also for soybeans. those are important to monsanto. so, there is a lot of pressure. and when this risk company was bought by a chinese firm and investors, increased -- it increased after that monsanto
should do something. it could be a takeover, or maybe a joint venture. it remains to be seen. javier: thank you. on to another investor favorite, apple. on thursday, shares dropped below $90 for the first time in two years. investors have soured on the company after failed sales of the ipod and ipad. shares are down a third from the peak one year ago, with apple conceding the top spot as the world largest company. that title now those two google. it is currently worth $498 billion. that is it from the business desk. brent: thank you. sports news, kenyon olympians
have been dealt a major blow after their program was deemed inadequate. a new law aimed at combating don't -- doping has not brought them in line with standards. they could miss out on the love that. -- olympics. reporter: over the past half-century, the kenyans have one a host of gold medals, mostly in long-distance running. but in recent years, a shadow has been cast over their achievements. since 2012, over 40 of their athletes have been giving -- given doping bans. and an adequate testing regime does not exist, something that the governing body calls absurd. >> it is a blow beyond -- below the belt, the work to combat
doping has been trampled on and this only came to light because of a whistleblower. the head of the olympic committee rubbed salt in the wind in february. -- wound in february. >> we run the test for the athletes. in monaco, they were sitting down. we'll take the law of the land against those who are messing up. reporter: the entire leadership of athletics in kenya was suspended. in april, a reaction from politicians. the president of kenya approved and anti-doping law, which they enter will be under the standards of the tests.
this week on "wealthtrack" everything is coming up roses in this man's garden. nick murray, saw her to of simple wealth, inevitable wealth explains the healing power of the stock market and why optimism is the only reality next on consuelo mack "wealthtrack." new york life along with mainstays family of mutual funds offers investment and retirement solutions so you can help your clients keep good going. >> additional funding provided by loomis