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tv   NEWSHOUR  Al Jazeera  August 13, 2018 9:00pm-10:01pm +03

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antonius over on head of the citrus growers in the mexican state of veracruz recalls how nafta's promises turned sour. to eliminate all. of your. money each one of. those months. nafta inflicted two blows to mexico's farmers. cheap subsidized u.s. produce flooding the market. and the rise of the supermarkets paying rock bottom prices to mexican farmers. the outcome of a handful of growers controlling production and the loss of more than two million agricultural jobs.
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for those who remain and still work to land like orange grove terrorist alive has become a struggle for survival. love and love one another dollar commercial the heart of any peace you are all good on this part of the daughters bit or a lot of men terabit are there to provoke thought. what to think of darkness. in the woman he's you are there are you. he must be to this sad. does your mother must see. your problem or choice of venue address on locus of denial of and nonstop guns up out of her things that. ok.
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don't be the way it's all. all of the in one of those up was. this until well one of the. nafta has widened the gap between rich and poor. for most mexicans free trade with foreign companies has come at a heavy price. the prospect of more of the same under the new energy reforms looks like history repeating itself. this country has been right many times every nigerian has and the role that the spaniards sprain had here and the americans and other foreign businesspeople who have come here our person as being a potential rapist in the mind of the average mexican citizen you need to keep that in mind oil is the symbol of that potential rape. mexico's president indicating and yet there is waiting
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a publicity campaign claiming his reforms will usher in a new era of prosperity. is that a former president the level of must go on this report to me that this but i'm a he could. separate channels history on a board to be secure and simple zimmy listen we will simply else equal mccourty saleratus see about motor car with a form of. evil yes it was meant behind it but it was for this consequence here mr mass ah but i must sell him into your mccourty space use. and there is something for the multinational companies to. share in the profit bonanza from sixty billion barrels of mexican oil. it's a black gold rush that has companies beating a path to the door of consulting firms like control risks it's the last frontier that has been opened for private investment basically every other country in the
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world including countries like cuba. have allowed foreign investment in their oil reserves mexico had not and potentially mexico has enormous reserves particularly in deep water place that will require investment by private companies are to be exploited. antonio guterres a former u.s. ambassador to mexico now legal adviser to u.s. oil companies is selling a bright future in mexico to his clients obviously energy companies are very excited about the prospect of investing in mexico they see the risk return is very attractive they've done business in foreign markets they recognize that this is one proximate to the u.s. there's a very real sense that mexico's a rocket about to lift. as foreign oil companies prepared to celebrate the profits still make from the reforms mexican economics and justice expert in the guy that
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was goglia doubts that ordinary mexicans will get a share of the spoils and you need to make sure that all this investment and older returns from those investments to some degree will provide. a remedy to those sectors within mexico that have never experienced any benefits from the after the agricultural sector or the small farmer but i haven't seen any kind of government plan or strategy indicating that they will go that way so so far considering the precedence of mexico's opening to the world i would say that the privatization of the oil sector in the hands of all you all police will bring more corruption more unequal distribution of income and more social instability. but corruption isn't always considered a bad thing by big business. where there is corruption there's no accountability. the oil industry has a track record of thriving in places with poor regulatory regimes they pollute and
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get away with it. mexico state owned oil company pemex has been accused of this. reporter and that his committee has been following the trail of oil investigating cases of corporate impunity. be boring on average he. said that they were that i meant if i will guess you got to. say last. night it was. sick and day and i didn't see a lawyer was kind of the media was going totally bad. mix it up but i. take it out on like a. mini man because i was going to. edgar is on his way to major oil spill which has polluted a vital water supply sider point there is that but upset about
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a little. more than a million liters of crude oil poured from a broken pemex pipeline and. spread into the truck or news group or that supplies water to thousands of people. entire communities had to be evacuated because of the toxic fumes. aftermath amana that was just barely mass tilapia like out of. the old the asco maybe anarchy. that i live in a fire and i will be cemented the bubble that i could buy that. in two thousand and thirteen alone pemex was responsible for two hundred fifty environmental emergencies. every oil disaster he's witnessed anger has approached local residents for an interview. they often won't
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talk to people living next to dispell are no exception so coming out of that he can last yes i want to. see a diner. like. that mass. i came up with some have a sea of medical advice there again about. the consequences because is the backbone of the country's economy. panix profits from nearly forty percent of the federal budget. in the oil rich state of tabasco on mexico's gulf coast it's the largest employer providing forty thousand jobs bandmates in late july then makes it all on me. to mix is such an integral part of life in tabasco that from an early age children are taught this story of oil.
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india shoto name of the more you. don't know we're. sitting here. they. may be going to you know. but for the communities where pemex their relationship is a troubled one. has got to see as the head of the local bar land council. a small tabasco bill each a fifteen hundred indigenous people. in the us you'll. see how the border is a. little bit of the lord these here mean more appropriate among the in the. little bit of a little ball in the balls. when
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there are things you can. wear. by law the profits made by panics are supposed to be reinvested in social and economic development but how much of the profits filtered down to the people in two thousand and thirteen pemex made billions of dollars from oil into basket yet eighty six percent of the population live in poverty. it's typical of that inequality. easy unbearable. this. is a normal lives absolute i mean the another series of oil disaster in the area has added to their problems the basket human rights lawyer. has taken up the bill it costs i mean as you know i mean.
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they may. say that they. really see. you know. in two thousand to thirteen begin work on a well close to movie sale spillage. what happened at the drill site new nest one two three was unlike anything that had ever seen. on the. home.
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of. the kids of our. government. on terror york in the one. year. they don't serve. it will. be but i think which i want to watch a movie and. almost a movie i love into each day so more explosions a toxic cloud of fire and smoke rose over the beach and nearby farms. the army cordoned off the area. where it out all the other. one but. i don't know me and i don't think there's almost any and i get on my knees there's
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a whole lot of that i want to. get out i'm out of. the well burned uncontrollably for fifty five to. ten weeks couldn't quail depletes. people would put it suffering from skin and respiratory diseases and the death of their livestock. loving went by fingo the. big blue the god. gave me in my mind. i'm going to put it. out of order. but if you're both. saw the more you learn more be. there not that i. know you're not going to
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be on a lot when. they look at the are they always the better they're going to be able for you know. they came and they got. what. you know more last. month. in the years since the explosion bill richardson affected by the disaster have taken to the streets and blockaded pemex well sanaa physis. senior clerics officials complained it was costing them three million dollars a day in lost production but refused to offer compensation. is the baby
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then the people. in the middle and. i think that. the company sin different turn to farmers of oxy cauchy on the a kilometer away from the well explosion into activists. and money. you know that work i'm not. good today is the one year anniversary of the explosion and the community of folks has received no compensation for their suffering not to grumble see others doing it or is eager to be in the moment but as a member of a primary level none of them will. not yet be thought yeah they'll get well again look at the imam on let go their child. if it. would give it a. little bit he will play out the grievances are many including claims of a skyrocketing breed of health problems man oh man get out of it no matter how it
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you know my parents have it in a settlement over goes a. lawyer and framed legal has come to report on his efforts to get them justice. she's demanding that the government release a study conducted of the soil air and water contamination around the well but the government has so far refused to last as they really. cave where this is will be deliberate and impossible thing the vandal one of my zero one though they're saying for them i feel they've been the lab either depended as a litter but it's owner rick perry don't have a job it will be of no value the value being where you're going to get by show end of course i really don't know when and where the where are you more than i say this was a school you easily value a lot of alleys or. cares gone think you would and i can get him put up here.
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full of struggles. and what not oh my god i mean all along all the time walking up on a more full of pleasure we grew up around me getting it all from you but i'm just going through an intimate look at life in cuba today because it was the only one of our kind that we had done or done all of the very possible my cuba on al-jazeera. al-jazeera follows the lives of people in the heart of immigrant communities. in six major cities across europe. the stories we don't often hear told by the people who live them. a brand new documentary series this is year a coming soon on al-jazeera. every weekly news
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cycle brings a series of breaking stories chilling at the listening post as we turn the cameras on the media and focus on how they report on the stories that matter the most. this is al-jazeera i'm daddy you navigate with a check on your world headlines president has told investors turkey's economy is solid strong and intact he insists the only arose freefall is part of a plot by the u.s. to attack his country's economy which he insists is not in crisis turkey central bank says it's ready to take all necessary measures to ensure financial stability after its collapse it's fallen more than forty five percent against the u.s.
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dollar this year. should go to jail because they are used to the recent events have shown us that our economy is under siege it is clear that these attacks will continue for a while longer the attacks on turkey's on the character and dignity demand that we want to be prepared to fight back and defend against those attacks zimbabweans have been urged to unite as the country marks thirty eight years of independence president elect emerson addressed crowds and his first appearance since his inauguration was delayed the opposition had filed a legal challenge over the results of july's election funerals are being held for some of the fifty three people killed in a saudi u.a.e. airstrike on thursday forty of the victims were children twenty nine of them were on a school bus these sodium erotic coalition said the strikes conform to international laws aimed at who the rebels firing missiles. more than three hundred people have
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died during four days of fighting between afghan security forces and the taliban in the city of gazan the city is a key provincial capital that connects kabul with kandahar afghanistan's defense minister says at least thirty civilians and one hundred police officers have been killed since the taliban launched their attack on friday almost two hundred taliban including pakistani and chechen fighters have also died the government has deployed around the thousand extra troops to. at least four hundred thirty six people have died in last sunday's powerful earthquake on long island officials say damage caused by the magnitude six point nine tremor now exceeds three hundred forty two million dollars aid is slowly arriving and emergency crews have started drilling for fresh water sources tens of thousands of people are expected to stay in makeshift tents for weeks if not months those are the headlines back to crude harvest next on al-jazeera the news hour also that.
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in two thousand and thirteen the mexican state of tabasco suffered the biggest oil disaster in its history. a well exploded in flames and blazed uncontrollably for fifty five days sending clouds of toxic smoke over surrounding villages. mexico's state owned oil company panics denied there was a problem. that was. why you know as you know. but communities closest to the site have complained of widespread health problems and loss of life stock. to rounding land have been contaminated and water supplies poisoned. the villagers have fought to have their grievances heard but to date pemex has paid no compensation nor accepted any wrongdoing in mexico impunity
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rules the fear is that if this is helping exists allowed to treat the big teams of disasters foreign companies are even less likely to be held accountable there to a lot of women they have to go if they interpret what is here from nationality. their salary there have been power wanted by the morning only a little while we are seeing the head of u.s. one of my. comment that. they mostly were in that. elaborate. but you know a lot of are you a little. bit of it but as. the indigenous communities in the neighboring state of better are about to find out. the or church of the eastern state of better crews have made mexico the fourth largest orange producer in the world. but nafta trade agreements have hampered small growers efforts to export their crops. farmers are leaving the land
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fruit processors are going out of business. the trade is dying. but riches are still to be found here better close has oil. in fact it's sitting on seventeen billion barrels the largest all insurers served in the country but parents claims it has in the capital to exploit what's there. so on the mexico's new energy reforms the prize has been offered up to private companies in the hope that foreign investment will get pipelines and profits flowing. this map shows the reserves the government has opened up or explode. i could talk or fair with the nonprofit project. is taking a close look on behalf of the communities poor sitting on oil. looking simple most
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of it is the heat of color that i think that us that are most loyal for the most of it give us a little mother wanted out of this god almost of complete total horse so far as we have the money or as x. to them is thing for must see where i live by them and their differences are laid out in this with you. while the government has been keen to identify oil rich areas to private companies mexico's farmers have been told nothing. else maps will at least let them know if their land is up for grabs us isn't you a little map of the cutoff us embassy and army and the political one i mean that's your own or not i mean fans so give us our. money well it's packing to go to bed a goose to besiege one of the committees most in need of his research. lengthens your own is sort of well not on their on their menu in. the last on by more than obvious thought and i think he that i've been there done that were many laws affect
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us here on. your level of a child part of american enough but on ask is temporary i may live the hear of me live it but it's on us this time of year for it i. could have put it very far from the look i would have been a lot of you. where you are you know what up to now he isn't boarding the castle with. the door going on out of the law he. left the damn years because on the morning on the i'm in a coma the room is called. the hospice to phono it's been thrown out here good luck this time around that will be other more i listen but as a part of the flow that it all got aboard. be. about do the latter for the moment. just.
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the new law has teeth it gives companies a right to drill and occupy land wherever there is oil. even on archaeological sites like this one. that taught to not pyramid develop the heene did from six hundred fifty the surrounding jungle hides many more temples yet to be excavated. and these areas are to be auction for oil exploitation to foreign companies their ability is here to. do what their gonzales lives in san antonio he tell a tiny village of two hundred people. he taught in our carry teach and a community leader he grows oranges and corn and these slopes which were allowed to meet the pyramids of. san antonio just.
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because. there was land fall squarely inside the area being offered up to private oil companies. but the labor side of. it and when they. are gone from being only an unknown i want to emphasize your own system back when our most on the corner on came from our campus us in our. government or implemented not the subset of the most. but mixed. measures and didn't mind giving them. the money. when energy companies come to the modellers area they'll be able to drill where they want. orange groves and corn fields will give way to oil platforms and the people will have little power to resist. elsewhere in barrack lose big oil
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has arrived. except batter a small village of two thousand people is rich in symbolism and oil. it's named after the father of the mexican revolution. who fought for the people's right to land. a century later the land is once again in dispute and the people here are being forced to take a stand. or in the last year for us to hit alice. in their this process or stop us on board and none of that will so you get out of. there with all of those compass you know star most all of the multiple problems of the earth. although small in size sabbat those of major importance to the oil industry. it's home to the compass and they asked field one of the richest
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are sure reserves in mexico with a potential yield of one hundred million barrels. many of the pipelines that snaked through the surrounding countryside converge here. on the spot to shore but there are lurkers other than long island. but here. are just a. few. living cheek by jowl with the industry has exacted a heavy toll on her brother. over fifty major oil and gas leaks have occurred in the village in the last three years alone. exist. now specs to contract foreign oil companies and service providers. in two thousand and thirteen premix hired a venezuelan company to extract oil and gas into. villagers say things haven't improved. what's going to be nice a lawyer an activist from the n.g.o.s united for human rights. to advise
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a bill that years about how best to defend themselves against threats posed by the energy industry. is that. that risk became a reality on november twenty fourth in two thousand and fourteen. gas flare rage out of control for more than seven days sending flames eighteen meters high. to private company and panics were alerted immediately create
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a sleeper the villagers were still waiting for help and. it's been a hard lesson in corporate difference for the ability of some but a ballyhoo one it's highlighted how powerless e r. under the energy reforms they may discover it that the law is not underside when it comes to negotiating with foreign oil companies for access to their land delayed i'll. see that. because you know. then you then don't know me standing on the last embrace us. this is one of you that i would assume we do look but i wouldn't say i got there neither. one impetus. for the. who would end up the dial on this by. going to. miami was he.
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indeed that the bill meant to pull lady sarah protesters of the u.s. u.k. mass is that they seem for my lessons dramatic i mean to induce a look of almost i said is that there will first have to make a nice most of the middle says he would need that many as he wouldn't tell us but to meet them they can leave without a word says that it could be without us but look at where they us. he could where they see the balls he needs most feel this here been there. is already made up his mind. he won't much no matter how much the companies offer him or how high the odds are stacked against him. but all the while your money will start within a state of the book or your nor your novel them or tell you when you look on on most of it all this of them in a more just a minute other schemes serve in them you know. people all those who are the
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other humans or so they're asking for money for the three or four percent comp or non-color no more. first this important get their way eleven million are your only your not poor get a lower. level of the store. down the road from some butter or inch grower and don't use of their own has come to a more pragmatic decision. oil is inevitable there's no future in farming. you're not giving. the middle. one of history's. them all your talk about the tsunami don't go in there don't give in they're going to. win that. while farmers in better groups are wrestling with tough choices there are communities in mexico where oil is their only hope. to. build
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a lot of people in the northern state of ca we are in the mood to celebrate their. lives. in minnesota in the farming town of guerrero us company geo kinetics is winding up after a year long survey of the region's rich shale gas reserves. and the company has brought six hundred much needed jobs. to tom's poco it's a sign of better times ahead. this is going to go antonio gusty john is a cattle rancher and the mayor of guerrero who i like or somewhat of a little you think what is it your. ideals. your susan wouldn't you like to read all through the month. when this is. the bridge to nowhere. and the payoff promises to be a big one. texas eagle ford for a nation the us richest natural gas field is just
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a stone's throw away over the rio grande. it's generated more than forty six billion dollars and created eighty six thousand jobs but until now the mexican side of eagle ford has been for it didn't fruit to foreign oil. if you look at the eagle ford for mation along the texas border. and you fly there any time of the day or night and you see the activity in just south of it. there's absolutely no activity whatsoever the subsurface of these areas didn't recognize borders didn't recognize a river didn't recognize and a lot of the on the ground that was painted by people the subsurface geology these i think very attractive they'd love to do business and they should go. that's good news for the people of course. they're sitting on a mother note the fourth largest shell reserve in the world. and influx of texas
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oilmen couldn't come at a better time. these communities are struggling to survive. we're going to go on and i. am going to the political map so. that i am not into the i'm not looking government then i live. for darkness. nafta undermined the export market for mexican cattle ranchers. it made it easier for the u.s. to sell beef to mexico but introduced restrictions to mexican farmers selling to the u.s. . to smaller ranches went bankrupt the effect combined with years of devastating drought was an exodus from get into let me go to the where was god. that are one thousand miles and is i mean but here i meant that. today ghetto is
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a ghost town. shops have closed houses abandoned. for this depressed region of mexico and your jeep boom with its promise of thousands of jobs seems almost too good to be true. and there is a catch. look at the numbers are two years. noir the people you see me and tools comments when i listen to. the trip in the economics what those who are not very well meant or fracking. one well has already been dug in this area on land belonging to ranchers philippe's have year for now and this was in one branch of the law from india is one branch of the mean those seem to think that the us. was in for them to the board so. if you know little zero mr bush will be blaming that on fracking. so you will just cause of my love the point i mean that's you on the list there must be
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a little one too so we've heard those little one though say he's going to post all this going to. be so. this about only thing you know he can tell me that as i mentioned last. noisome is more plenty that i want to get on with and i just don't want to step in the middle of what is. really expanding into what it is that fracking fracking is a controversial method involving the high pressure injection of water and chemicals to fracture brock's and release natural gas. but it can poison water sources and trigger earthquakes. energy analyst i don't have enough one to inquire i dimly titian of the local cattle ranchers association. with the water. fracking nice new mexico this ranchers have only heard rumors.
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of the level. he. was as we go. they were most. likely. despite their worries about fracking the ranchers have fallen and such hard times that they may be forced to make a devil's bargain about them to approve the one that's right here that it will cause you want to tell you oh and don't call it was in the field not benefiting from those on the planet it will never be me that we need you have to. do with. me if i seem intent it was you i was there but it is but i never. knew. it but if you'll go yourself in the second.
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season i meant the. people they're going to as i'm going to hear a pun a little audience settlement the noisy look at. us you can also owns a diplomatic row. if they don't adapt there's only one other source of work organized crime the largest employer in the area may have to have had a very bright side but also has had. very dark side the dark side of globalization has been organized crime in mexico nafta bankrupt that the small ranchers many of those who survived were forced off their land by the cartels cattle ranches became drug routes and organized crime recruited from the unemployed. lawlessness in. epidemic proportions. in. the.
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mean we're. going to sort of miles is going to. between two thousand and six and two thousand and twelve the number of people who were forcibly disappeared over eighteen kundry corporations were also the victims of extortion and kidnappings. this state's response was to establish an elite security force. that. you know. it is your ideal environment for organized crime to take over in the form of legal businesses and to propose joint ventures to foreigners who come here. very
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excitedly expecting to do business with the oil sector we have hundreds of organized crime groups wandering around mexico right now heavily armed heavy weapons and they will be pounding on this foreign oil companies left and right. to start lesson for oil is if you're going to do business you're going to encounter organized crime. a few have already chosen to work with them in june of two thousand and fourteen to texan companies pleaded guilty to buying oil stolen by . the cartels. for companies with their eye on the price of six hundred trillion cubic feet of gas think it's a risk some will be willing to take. the only alternative is to fight the cartels by hiring protection. security forces who insist they have the upper hand.
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but if you. believe this confidence is misplaced. you need to have a much more sustainable proposal in place not the one that we see here the truth is that any foreign oil company that comes here under the new framework will hurt the nightmares you have right now taking place. they will not go away. security nightmare is literally out of control and we don't see an end in sight. farmers are powerless to resist either the companies or the cartels this land of cattle and cowboys could be transformed into a dystopia of oil and organized crime. right now by leasing mexico's spiraling out of control. forced disappearances have made
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headlines around the world. was. one of mexico's fielders song with bodies instead of crops. the people are angry and the government stands accused of precise thing over a failed state. they've thrown a match into this incendiary mix by introducing the most divisive economic reform in a hundred years. reform that many see as likely to. why didn't the country's already enormous gulf between its rich and poor little hardly unstable so far do people don't realize are unstable french may explode. the more. that done to order so you know warm up in particular moment of quote
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there's blood but of course. you stand the differences. and the similarities of cultures across the world. al-jazeera getting to the heart of the matter unless we have new generations
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growing up to understand better our relationship with a natural world then soon there will be nothing left facing reality or our friends and allies played a positive role and the fencing and his commission for taking this here their story on talk to al-jazeera. from the neon lights of asia. to the city that never sleeps. welcome back time to take a look at weather conditions across the americas for south america you see the showers bubbling up across the amazon basin northern areas looking wet but really for much of the region weather conditions are looking pretty good at the moment fine across much apparent why there are thirty in ascension fine conditions across argentina to move the forecast through into choosing sea temperatures coming up in santiago to twenty degrees celsius fine conditions in rio twenty three just want to two showers there for parts of bolivia so you head up into the caribbean region the
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islands looking ok temperatures into low thirty's as you normally see and a few showers coming through but they're well they would last longer be a lot of fine weather around but through central america we've got a fair few showers here and those expected to continue to head on through into choose a bit of both the rain through southern areas so across the nicaragua through towards panama as we head up into north america and here we've got some pretty heavy rain across parts of the south and see this area of rain is likely to develop in fact as a head on through to choose a system sniff installment to vittie associated with this region some showers across the eastern seaboard still some showers in the southeast pacific northwest still looking very warm hisor thirty degrees expected in seattle. the weather sponsored by cat time release. and this new delhi artistic expression has thrived for
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a generation. now real estate developers want to go on. tomorrow we disappear i will close documentary on al-jazeera. this is al jazeera. you're watching the news hour live from a headquarters and. coming up in the next sixty minutes turkey promises support for its banks as a plunging currency spreads concern the president talks off conspiracy fears pushed
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aside in yemen thousands turn out for the funerals of dozens of people many of them children killed in a saudi airstrike. four days of fighting thousands of afghans shelter in their homes as the battle for gaza the intensifies and gravestones with no name a year after sierra leone's worst natural disaster survivors are still looking for loved ones in sport brooks kept has won his second major goal total of the year holding off an inspired song to woods so when the u.s. p.g.a. championship. polo turkeys banks are being offered support and president blaming a conspiracy. and made fears of what a continuing plunge in its currency could mean so the lira has hit record lows on monday sending ripples through markets from asia to europe well just
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a short time ago german chancellor angela merkel said no one wanted economic destabilisation in turkey the lira has fallen more than forty five percent against the u.s. dollar that's the sira loan and turkey central bank says it's ready to take all necessary measures to ensure financial stability promising loans for any banks that need the president rest of tayyip erdogan meanwhile blames the freefall on a plot to attack turkey's economy which he insists is not in crisis. turkey's economy and turkey's position as a country will never give up or don't pay attention to whatever he said to the contrary there are a number of a comic terrorists around the world and are taking steps to stop them from achieving what they want to do when we catch them we will subject them to do appropriate punishment. because they are committing heinous acts against this country and we cannot let them get away with it let's get the view from berlin that
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is where dominic cain is joining us from because german officials are now weighing in on the situation in turkey. yes that's right kiran as you were saying in the introduction of america has spoken about how it really would not be helpful to germany for serious problems to develop in the turkish economy that's something that's a view that shared not just here in germany but also across e.u. institutions that the fear of turkish debt as it were is something that really does exercise people as i say not just politically here in berlin but across the continent the point to make here is that as bad as this fall in the value of the lira is this year if you go back over the course of the past ten years the lira has lost a vast amount of value relative not just to the dollar but also to the euro and the fact is why there are certainly not just here in berlin but also in. frankfurt the key financial heart as it were of germany certainly concerns there about the latest course that the lira has taken indeed but the turkish economy has taken and that's
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why you're hearing today from people such as angela merkel saying well it's not in our interests for the economy to be destabilized and how significant is it that merkel is making these comments at this time and so is her economy minister when he criticizes president donald trump tariffs and sanctions policy saying this they are measures that are destroying jobs and growth. well the point to make is that if not necessarily in actual verbatim words as it were there are countries in the european union and outside such as turkey who have real issues with the approach that president donald trump's government has taken regarding trade tariffs right across the board as it were certainly here in germany we know in france and as i say outside the e.u. to the point though is that in so far as of this latest crisis regarding the mirror's concerned in germany well let's be clear turkey is
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a very key country for germany geopolitically economically also and so if there is as i say destabilization in turkey well the fear would be what effect that might have here in germany remember also that in so far as political terms are concerned turkey plays a key role to member of nato as is germany but also remember that turkey is receiving many hundreds of thousands and they millions of people who want to come to the european union but to stay in turkey that deal is very important to both sides so anything which would be in danger is the political structure in turkey is something clearly that the germans are concerned about but as i say the e.u. is too right dominic thank you for that update from berlin let's now cross over to frankfurt and speak to your head stands. he's a chief market analyst at c.m.c. markets that's a brokerage house and just to pick up on the point that dominic was making about the comments made by german officials how jittery is the destabilization in turkey
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the economic situation right now making not only germany but other countries and the markets. you see the reaction in the euro to the versus the u.s. dollar and you saw the reaction in the dax index on friday both went down the you were just continues to fall right now so people really fear and investors fear that there could be some sort of contagion or at least there is a large amount of uncertainty right now and that's what markets don't like they don't like uncertainty and that's what we clearly have right now and what is it that needs to be done to contain this contagion. it would be very very important to safeguard the repayment of the debt that turkey has to to foreign investors it's primarily a debt that needs to be paid to spanish bangs to italian banks to french banks as
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well as to some amount or at least a lesser amount of german banks and there are one hundred eighty billion dollars to you over the course of the next twelve months so investors need to be saved to to get that money back and that's what is causing the few right now with the v v a the friends of the spanish bank that has around fifty billion invested in turkey do they get their credit back that needs to be it needs to be. made make clear that they will get the money back and trust needs to be rebuilt that's very important right now look here's the thing though what erdogan is saying is that the u.s. fall is a consequence off a plot rather than problems with economic fundamentals in the turkish economy but in your opinion and just taking a step back here what is behind the fall of the leader on the crisis.
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the reason behind the foot might be the sanctions the united states has put up sanctions against turkey and that has somewhat that's the high point of all the crisis that the liver has been it's not something that developed on friday but it is something that developed over the past years that the u.s. going down and down and down even further over the course of the past ten years or indeed directly all right apologies we seem to have lost our connection with our guest speaking to us from frankfurt once again apologies for that we will move on to our next story and tell you about what's happening in yemen because large crowds have gathered in the north of the country for the funerals of some of those killed in a saudi u.a.e. led coalition air strike so that strike killed more than fifty people in northern
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province forty of them as you can see right there were children many of them crew were killed on board a school bus or thirty is still struggling to identify the remains of all of those killed in that attack some parents are still looking for their children among the rubble well there has been a global condemnation of the air strike the united nations is calling for a credible and transparent inquiry into what's been described as the worst attack on yemen's children saudi arabia now saying it will carry out its own inquiry into the attack but insists the coalition aimed at legitimate military targets mohamed addo has more on this story from neighboring djibouti. various set of money going or in this. city. of the province in northwest yemen a long procession of vehicles cutting the bodies all for the victims
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of the latest. to quotation of hockey in north and yemen led the way followed by cutting streets of the dead and pictures of the chanting. and i want to show you slogans of symmetry the way even bigger crowds people have come from on. to view the young victims of these. central security is right there with you fight us up please. guns in statistic positions around the venue the body all of the victims had been put off several times largely due to security fears with the fighters saying that they were afraid they would be targeted by more strikes of course the children targeted on they when the boss they were with talked to busy on market they had to time chromosome
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a come and that is when the ass strike hit unicef has described it as this single biggest hoch on children since yemen's was completed in two thousand and fifteen at least four hundred thirty six people now confirmed dead after last sunday's powerful earthquake on. the damage caused by the magnitude six point one tremor now exceeds three hundred forty two million dollars have a morgan reports. rescued alive from the rubble this boy is one of the lucky ones he's at least being treated for his injuries but his mother says even that was a struggle because the earthquake destroyed thousands of buildings including hospitals and medical centers at mabille and that was the hat i didn't know if my son had fractures or not and there was no facility and i was told to stay away from home remedies that's why i came to the military hospital where there are volunteers that have been up. more than a week after the six point nine quake struck the search for survivors is drawing to
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a close more than four hundred thirty bodies have been recovered but many more remain missing treating the injured has also been a major challenge as many parts of the island are almost impossible to access now. volunteers have been doing their best to find out and it's a route through the destruction of some of the reasons that patients with fractures come to us because we have five operation rooms and i doctors the volunteers who join the military we have five operations day here but that's not enough for the thousands of people affected there still discovering people who haven't been reached for the system and at the same time they're delivering very basic emergency assistance food water medical care shelter the damage hasn't been assist so there's a lot of uncertainty about the future thousands of people remain displaced and afraid to go home because of the fear of more earthquakes and aftershocks.

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