Skip to main content

tv   DW News - News  Deutsche Welle  August 10, 2018 7:00pm-7:15pm CEST

7:00 pm
this is d w news live from berlin turkey's currency in free fall amid a diplomatic spat between washington and. the we were up plunges to record lows after donald trump ramps up tariffs on turkish imports turkish president wretch of type barely won is defying saying that his country would emerge victorious in an economic war. also coming up thousands of tourists left going nowhere as ryanair pilots walk off the job at europe's biggest budget airline and they can't where
7:01 pm
shocks and dreams go up in flames as more refugees arrive in spain we look at the precarious existence that they often face on spanish soil. welcome to the program. u.s. president donald trump has stepped up his political pressure on turkey with new tariffs sending that country's currency into freefall in a tweet early on friday trump said the following i've just authorized a doubling of tariffs on steel and aluminum with respect to turkey as their currency the turkish lira slides rapidly downward against our very strong dollar our relations with turkey are not good at this time. i'm trying to tariffs this increase here appears to be over on her resume fusil to release an american priest in pastor who was charged with terrorism offenses earlier as nosedives all european
7:02 pm
markets tumble. and turkey's president has responded to the leader as freefall addressing supporters he defiantly made calls for a national struggle. going on. oh if there is anyone who has dollars euros oh gold under their pillows. they should go exchange it for turkish lira is at our barracks. this is a national domestic bottle well this will be my people's response to those who have waged an economic war against is. so. good. of good coverage now of this we have team coverage in fact in istanbul dorian jones is standing by and in washington we have stefan demon's welcome to you both and dorian i'd like to begin with you because we just heard the turkish president saying that his country is in an economic war is it. well
7:03 pm
listening to the president he said this is nothing to do with financial economic reasons why the currency is on the pressure this is the result of unnamed western powers trying to remove him from power he said they tried to do this two years ago with a military coup they failed now they are trying to use the currency rate. as a new way of removing him from power and he said that this is a new war of liberation to defend the country calling on people to defend the lira by selling there are foreign currency for investors they say this is simply about financial imbalances that have to be addressed in the message from zero to one is causing panic among investors and seeing a resulting plummeting lira and with a message now from trump ramping up sanctions this will only. narrative that this is a political conspiracy and what's the view from the united states on that stuff because you know the u.s. president donald trump he says that he wants to double steel and aluminum tariffs
7:04 pm
on turkish imports why is he going after turkey and why now. well the timing is great for president trump of the turkish lira is in freefall that last forty percent of the year towards the dollar in this year alone and it makes sense for donald trump to capitalize on this right now for two reasons at least one is the case of pastor andrew bronson. there was a turkish delegation led by the deputy foreign minister turkish deputy foreign minister just this week on wednesday in washington to talk about this washington had warned before that the imprisonment or detainee detention of mr branson is not acceptable those talks on wednesday went nowhere and so trump and the white house ministration is. squeezing it a little bit here trying to. make the turks understand that if they don't cough rating and sticking to their reportedly weren't they had given to the u.s.
7:05 pm
to free branson that they have to face the consequences tariffs is one tool to do this and as the u.s. president tries to squeeze president anyone into doing what he wants joint i'd like to turn back to you because we heard erica won you know blaming the turkish economy's woes on the west but the turkish currency has been taking for months we have to mention i mean investors really concerned because inflation is at nearly sixteen percent but the central bank is reluctant to raise rates in response which is something that you would normally see a central bank do what is anyone's way forward here. well you're right i mean basically this is what vessels have been saying it's a slow motion train crash has been waiting to happen for a long time the trigger is tensions with the us but underlying it are these financial imbalances inflation is double digit it is expected to get a lot higher because of these massive growth spending the target of one is currently engaged in a policy that he reiterated he will continue to do and there and vesta say until
7:06 pm
interest rates go up this currency crisis will continue but one of make if he doesn't believe interest rate increasing interest rates works in dealing with inflation this impasse means the currency route is set to continue ok and dramatic movements today we have to mention dorian johns with the latest from istanbul stefan simons with the view from washington thank you so much to both of you. and coming up a little bit later in the program we heard the turkish president calling it an economic war but with the lira at record lows against the dollar and the euro is it a war that he can win for stuff kober we'll have that side of the story. but first a massive anti-government protest is underway in romania thousands of expatriates have returned to their homeland to demand what the country's left wing government resign some have driven all the way across europe to take part they have already been angry clashes between protesters and police that have left some forty people
7:07 pm
injured many of those living abroad say that they left romania because of corruption low wages and a lack of opportunity. meantime authorities in balad bruce have freed a correspondent who was detained on suspicion of gaining unauthorized access to the computer systems of the state run news agency. russia's service was one of a number of journalists taken into custody this week in but critics say was a crackdown on press freedom his apartment was also searched because he says that he is still being treated as a suspect and is unable to comment on the investigation. in southern france about six hundred people have been evacuated to escape flash floods caused by heavy rain the hardest hit region is guard where helicopters helped take seven hundred fifty people to safety. flash floods reduced
7:08 pm
campsites to mud baths. to the company of the campsite was here so the river swept right through. rescue workers were supported by helicopters and evacuating campus in southern france. search teams including divers combed waters for german man who still reported missing it's feared he may have been swept away in his caravan the man who was accompanying children at a campsite in the god of the region which was hardest hit by the flooding. more than one hundred children were evacuated from the site. it started raining when suddenly a flash flood came down from the hills everything's flooded a catastrophe over the rubble several people were hospitalized with hypothermia and minor injuries. one has their suitcases we just have what we're wearing but the main thing is we're ok. the storms and heavy rains that caused the torrents
7:09 pm
erupted after weeks of blazing temperatures. at a quick check now some other stories making news around the world zimbabwe's main opposition party the movement for democratic change has filed a legal challenge to the recent election results the constitutional court appeal the presidential inauguration originally planned for the sunday and the c.v.r. nelson chamisa seen here in file footage has called the vote outcome fraudulent illegal and illegitimate. in canada four people have been killed in a shooting in the eastern city of frederick ten two of them were police officers police have confirmed that they have one suspect in custody and now lifted a lockdown the circumstances of the shooting are not yet known and agencies are warning of the potentially catastrophic effect of a heat wave on north korean crops they say that a full blown food security crisis is threatening the isolated country the population already faces food shortages and international sanctions and the reports
7:10 pm
suggest that malnutrition among children could now worsen. a ship with eighty seven refugees on board has docked in spain after being turned away by italy and malta a spanish aid group picked up the migrants off the coast of libya for those onboard the most hazardous part of their journey is over but as our correspondent norman struggle reports from the town of let the refugees life in spain is often precarious. nothing is left of up to sydney's hot it cold fun during the night just living. in twenty fourteen city became to spain from a very coast to find work he ended up in this slum near the town of libya on the loose along with up to one thousand dollars fine as a car frequently due to the from a building materials gas canisters and forty degree celsius heat.
7:11 pm
you know. many of you do for so long or know or be looking for. dream of a better life in europe has become annoying to me and he has no residence comment and now he has no home. he can only work illegally on one of the many fruit and vegetable plantations. you know you don't. see that house to see that you need to believe. you know. his friend tomorrow our people see is in the same position except he's a new comer in spain having recently arrived from senegal. he lives in this heart. he says the routes taken by refugees to europe are always changing currently
7:12 pm
entering europe via the western mediterranean seems to be the safest. route from libya to italy has lots of problems it's almost like a war you can get killed so now many of us are coming to spain through morocco. spain's new government is taking a lenient stance with migrants but the conservative opposition is in disagreement and the spaniards are worried. because how many immigrants could cause us problems that's just how it is. spain is a country with high unemployment. there's just not enough jobs for so many people. the spaniards see things differently and tony don't have bad volunteers for an aid organization and supports migrants like i do any way he can. he helps up to plant vegetables and takes care of red
7:13 pm
tape and tell you who sees the refugees as an economic factor the plantations in the region couldn't get by without them. thanks to these people many others are getting rich. the immigrants live off what little money they can earn so they're cheap labor. but. they're not going to work the problem they have to put up with everything and never complain. i do see the bay wants people to know what's really happening in europe. but he's not ready to give up on his dream of a better life. now i'm living. on my farm. to help myself. you know. what my future. will be. eventually
7:14 pm
once he saved enough money to be intends to return to ivory coast my son needs me he says all of africa needs us but that's in the future right now he's got to figure out where he can sleep tonight. some news now from the sports world and german cycling great young old rich has been arrested in frankfurt on suspicion of assaulting a sex worker it comes less than a week after the former tour de france winner appeared in court on the spanish island of majorca he was charged with breaking and entering the home of his neighbor the german actor and director til schweiger over exciting cycling achievements were marred in two thousand and twelve when he was found guilty of doping. he was set to be released from police custody on friday evening. and with that now you're up to date on day that he and news don't forget we have the latest news update coming up again at the top of the hour but in the meantime
7:15 pm
my colleague chris will have business news for you in just a few minutes the way. they make the commitment. they find solutions. and stronger.


info Stream Only

Uploaded by TV Archive on