>> welcome tubes the "journal" here on dw. as the casualties mount in aleppo, russia and the u.s. clash over washington's threat to intervene in syria. >> madrid's borrowing costs ease on speculation of a european central bank intervention in the spanish bond market. >> romania's constitutional court ruled that a referendum was in -- referendum impeaching the president was invalid. russia has warned the rash -- the west against any unilateral
action against syria a day after president barack obama threatened to intervene if i demobilized or use biological weapons. the remarks are a reminder of the divisions hampering efforts to end the conflict. >> the fighting is continually citing opposition against the president along with christian and jewish allies in cities like. >> this neighborhood suffered intense shelling at the hands of children are also among the wounded. another day of gruesome scenes in the civil war. the international community is worried that damascus might resort to using its arsenal of chemical weapons. u.s. president barack obama said that would be a game changer for washington. >> we have been very clear to
the assad regime but also to varied other players on the ground that a red line for us is we start seeing chemical weapons moving around or being utilized. >> russia and china were quick to respond, warning against any unilateral moves. >> this criteria is the need to strictly adhere to the norms of international law and the principles contained in the un charter and not to allow their violation. >> nearly 200,000 people have fled syria, mostly to camps in turkey and jordan. supplies are scarce, and there is no end in sight to the violence. >> the fighting in syria has spilled over into neighboring lebanon where there have been more clashes between supporters and opponents of the regime. >> one person was killed and
more than 20 injured overnight. the fighting has been going on for weeks. soon these tend to support cyrian rebels while the lebanese tend to back the damascus government -- sunnis tend to support syrian rebels. >> the ruling of the romanian court is a victory for the center-right president who is expected to return to office. he has been locked in a bitter power struggle with the prime minister and his center-left coalition, which led the campaign to unseat him. we will be taking a closer look at the situation in romania later in the show, but first, back to the eurozone. the euro hit a seven-week peak against the u.s. dollar on hopes the european central bank will soon start buying spanish and italian bonds to contain the eurozone debt crisis. >> spanish borrowing costs fell today and portuguese bond yields
declined to levels not seen before the government agreed on a deal. traders trading on reports that ecb was drawing up plans of a bond buyout. >> even before spain's bond surprise, fresh rumors began cropping up of other potential good news, that the european central bank was considering buying government bonds from spain and other troubled eurozone economies. ecb denies any such plan, but traders are not buying it. >> where there is smoke, there's fire. it seems likely. at least we are hopeful that ecb could take steps in the coming days in the direction of buying up debt. >> other traders think madrid's borrowing costs are falling because the market expects madrid to ask for help from the eu. >> if it is true that a bailout is being discussed or has been agreed, i think expectations of
that happening are behind interest rates going down. >> spain's eurozone partners have already agreed to a 100 billion euro aid package to shore up banks, but speculation continues that it full sovereign debt bailout might be on the cards. >> with all the market movement based on of the rumors, let's go to our correspondent, who gave us the backdrop of the day's trading in frankfurt. >> the option of spanish bonds started the markets in europe have been very nervous, but it turned out to be a success. spain has been able to raise 4 billion euros and has to pay far less yields than it had to pay the last time. for one year duration, bond yields went down to only slightly above 3%. this has been a success so far, so the option also went down
pretty well on the floor. shares were rising, and also, the euro took a boost. >> all in all, a good day. let's take a closer look now at some market numbers. germany's dax surged almost 0.75%. euro stoxx 50 following suit. the dow jones industrial at the moment in negative territory, down to 30,000, -- it -- down to 13,208. it has been a good day for the euro. >> could there be signs of a trade war on the horizon? the u.s. and japan have all of the eu in a filing complaints against argentina with the world trade organization. >> they say argentina's rules discriminate against foreign goods. some 20 countries have criticized the rules. trade relations between the south american country and its critics have dramatically
worsened since the spring when the country seized control of an oil firm from its spanish parent. germany's solar power industry is also continuing to take some heavy hits from what it is calling chinese price dumping for solar cells. a solar power cells maker is the latest company to stop production, according to bankruptcy administrators. >> that means all 1000 employees will lose their jobs. originally, it had been hoped that half of those positions could be saved. the company and its parent are located in the so-called solar valley in eastern german state of saxony. q cells is also insolvent and fighting for its own survival. angela merkel paid a surprise visit to a shipyard that is, on the verge of going out of business. >> she said the company could not be given more money from the government under eu rules appear
the company's order books are full, but it does not have the cash to carry on. up to 2000 jobs are at stake, and many more of the art suppliers. and india's largest carmaker has reopened a factory outside delhi. the plant was closed after industrial violence last month over pay and working conditions, which saw employees attacking managers and holding them hostage. >> one manager was burned to death, and several injured. there was strict security at the factory today, which will work at reduced capacity for now. >> hundreds of police and private security guards were brought in to ensure that employees could return safely to their workplace. but amid rumors of mass firings after the industrial unrest, crowds of job seekers gathered at the factory gates. >> we heard in the news they have fired 500 workers and there would be vacancies. that is why we have come here --
to try to get a job. >> there was made him earlier. that is why they want security here. we are a bit scared, but we are not from here, so we are not worried. >> normally, about 1500 vehicles are manufactured here every day. the plant closure cost 14 million euros a day in lost revenue. the indian carmaker is owned by japanese automotive giant suzuki and accounts for around 25% of suzuki's turnover. >> one of israel's top rabbis has been called in talks with german government officials to deflect the impact of a court ruling in the city of cologne that makes circumcising infants and miners of to 18 a criminal offense. >> the decision sparked a heated debate about outlawing circumcision, which is practiced by members of both the jewish and islamic communities. 56% of germans according to one poll support the court's
decision. last month, german mp's called on the government to protect religious circumcision. >> the rabbi says he wanted to help germany find a solution to its circumcision debate. after talks in berlin, is real's top rabbi said the tradition of circumcising newborn jewish boys is non-negotiable. >> for us, it is a covenant with god, a commandment from heaven. it is a seal on the body that symbolizes entry into the jewish religion. >> he opposes suggestions that traditional jewish circumcises should be replaced by doctors. he says statistics show they make fewer errors than doctors. and the pain does not last long at all. it does not cause any trauma. the newborn calms down after the procedure quite quickly.
>> as a possible compromise, they say the leaders in germany could undergo further medical training. the issue is set to go before the council later this week. >> coming up, fracking for oil in the united states may be creating jobs, but it is also creating ground water problems. >> more on that, but first, here are other stories making news. the ethiopian prime minister has died at the age of 57. a hearst got to be carrying his body arrived at brussels airport. a government spokesman says an acting prime minister has been appointed. he took power in 1991, transforming ethiopia into a staunch u.s. ally. >> sweden said it would not extradite julian assange if he were to face the death penalty.
he is wanted for questioning about allegations of sexual misconduct. he is currently in the ecuadorean embassy in london where he has taken refuge. >> firefighters are battling numerous blazes across italy. italy has suffered dozens of wildfires in recent days. rain is not expected until thursday at the earliest. >> it is being called a jobs miracle by some and an environmental disaster by others. >> in the u.s. state of north dakota, energy companies are looking for thousands of workers to " oil deposits under the ground using fracking, which is a process that pollutes water supplies and can cause long- lasting ecological damage -- workers to cull oil deposits. that at the center of the boom, the attraction of a steady, well paying job is triumphing all other arguments. >> oil has become a new symbol
of wealth and progress in williams county, north dakota. experts say there could be up to 24 million barrels a year. access to the oil is only possible through the controversial process known as fracking, which uses a combination of water and chemicals. environmentalists condemn it and say it poisons the ground. drilling oil is hard work. 18-hour days. three weeks on end in two weeks off. there's not much out there in the open space of north dakota for distractions. workers here are focused on what they can burn. >> when we look economically, there is a sacrifice that needs to be taken to support my family to keep them alive. there is not a lot of work back there. i feel like a pioneer. >> i have a wife and four key kids, pretty much watching my two-year-old grow up in pictures. somebody has got to pay the bills. >> the cost of living here has
exploded. housing is tight. some workers sleep in cabins next to the oilfield, but having a job is more important than being comfortable. and there is little time to enjoy the sun sets. it is either the end of a long day or the beginning of the next one. >> germany's book is lea celebrating its 50th anniversary. we will have a look at how life has changed for footballer since then. -- germany's bundesliga. >> even top players earned meager salaries and started doing endorsements, and that is a practice that continues today, even though today's professionals are in a different league completely money-wise. we will have more on this story in just a moment when we come back after the break. >> also coming up, more on the political situation in romania, and a major meeting of the loggers in potsdam. >> do not go away.
>> thanks for staying with us. and it has been a summer of political discontent and wrangling over power in romania. >> the country's prime minister has been trying to get rid of the country's conservative president. >> a referendum to impeach the president was invalid, but the political gridlock has many romanians disillusioned. and activists are on the go in bucharest's city center, armed with a camera and a poster. >> the poster reads, "we are sick of you." a passer-by asked if he is meant. they say they mean the
politicians. he invites the man to have his picture taken with the poster. they publish their photos on the internet, and there are lots of them. many romanians are indeed sick and tired of their politicians. and the people no longer know what exactly is going on. you constantly see the faces of the politicians from various parties. they are always screaming at one another on tv, but no one knows what is behind it all. >> at issue is who's boss in romania? since may, the social democratic prime minister has been locked in a political power struggle with the conservative president. a referendum to impeach failed because voter turnout was too low. social democrats think the vote was rigged. it has been a summer of
political intrigue. the romanian parliament has suspended the president, but he steadfastly refuses to stand down. few romanians can see any end to the deadlock in sight. monica is a conservative representativeto the european union parliament. there has been no vacation for her this summer. she says the social democrats want control of the judicial system. >> one reason i see behind this is to be able to put the chief prosecutor's people who they have in their hands and not independent people. >> romania's judicial system has been relatively effective at fighting corruption. for example, in june, the formal social democrat -- former social democratic prime minister was given a jail sentence for misusing his office.
nonetheless, some remain in support of the social democratic government. that is because the conservative make cuts to romania's social benefits system, an unpopular policy.% and he was a dictator just like this guy here. he deserves the same fate. >> romania's communist dictator was the post after the end of the cold war in 1989. many romanians are reminded of that time in history. 20 years on, romania faces a deep, fundamental problem. >> the problem was produced overnight for no good reason. it will be reflected also upon the european union.
>> they also think that the crisis will continue unless rumanians stand up and force their leaders to change the country's political culture. >> concerns about romania's political culture prompted the president of the european commission to warm -- one the prime minister last week to respect the rule of law. we turn to our correspondent about whether this ruling will change eu concerns about romania. >> in a nut shell, no, it will not. in his letters, he spoke about allegations of pressure and intimidation of constitutional court judges. you could think that today's ruling shows that the judges were in fact able to work independently and freely, but we hear from sources in brussels that the eu is keeping a very close eye on the situation when it comes to the judiciary system in romania. they are still very much concerned. so, no, the ruling has not
changed anything. >> how does brussels see romania's progress? >> roumania only join the eu in 2007. even at the time, concerns about corruption and organized crime, for instance, were very high. so the eu placed rumania under a special monitoring system to make sure it actually implements reforms, and that also concerns the judiciary system. this was originally set up for only three years, but it is still continuing today. we expect another report later this year. we hear from our sources that romania is still a lot going to get -- is still not going to get the spot. romania does want to join, and you still has not given the country full access, so that is something with the eu's ministers have decided to directly link the progress report from the monetary -- monitoring commission with talks about access, so romania
has to get good marks in terms of implementing reforms and making sure that its standards comply with democratic system standards in order for the discussions to go on, and we are not expecting this to happen this year. >> in brussels, nina, thank you so much. >> are around the world, wherever government began suppressing dissent and ideas that do not fit in, that is what they do not want to hear. the arabs spring is a testimony to their power in the face of repression and corruption. >> this week, some of the most popular young arab the loggers are here in germany -- youn arab -- young arab bloggers. >> these images of the egyptian government's brutal treatment of protesters last year were published on line by a student
in cairo. >> they were beating them, shooting them with fire. >> mohammad, an internet activist in cairo, is horrified by what happened, and he thinks it is important to publicize it. >> we want to show these pictures to the whole world, to make them stop doing this. >> during the mass demonstrations in cairo last year, he reported from tahrir square for the egyptian news networks. his reports reached for newsdesk via the internet and facebook. in potsdam, where, finds european journalists are eager to speak with him. ibrahim from serious speaks at length about his experience and how he uses his knowledge of computers to support his fellow syrians from abroad.
>> at the beginning of the revolution, it started in one city in the southern part of syria, but the spread of the revolution, the media was extremely needing to get the word out of that city to the other cities before we talk about the international community. >> young journalists are discussing how social networks influence their work and caution that their roles should not be inflated with use of terms like facebook revolution. >> i think it is dangerous to have too much hopes of social media. i think that it makes us forget what the really important work is, to go out and talk to people, to make in-depth work for democratic values. >> it is important for the journalist at this workshop to meet face-to-face and learn more about each other's work. some have already been in contact over the internet for months. >> germany's football league,
the bundesliga, is celebrating its 50th birthday. since it was founded back in 1962, the game has changed by leaps and bounds. >> it certainly has. soccer players have gone from admired but low-paid he rose to superstars and even global brands around the world. even players in lower leaks can demand the sort of wages with ordinary people could only dream of -- even players in lower leagues. the massive salaries are forcing many teams into debt. >> rules have present -- prevented the kind of salary spikes seen in spain and england for example. let's take a look. >> in the early days of the bundesliga, there was a limit on what players could earn. most players had other jobs. this striker, for instance, was a sporting goods salesman. others did advertisements.
>> it is really tasty. try it. >> endorsements double his income until the wage limits were removed in 1973. then, the kaiser earned 300,000 marks a year. the sports and media expert explains player salaries have continued to go up and up, driven by exploding tv revenues. >> in the 1970's, german public tv stations paid an average of 4.6 million marks or 2.3 million euros for the rest of the season. now, tv rights bring in a total of 420 million euros. >> top players in germany today can earn up to 9 million euros without endorsements. it is relatively easy to make quick money. and today, it is enough if you have had five good games, scored three goals, and given two
decent interviews. >> veterans have it even better. even if they are currently out a contract, they are still laughing all the way to the bank. >> should have tried harder in sports. >> my, how things have changed. russia has won the west against any unilateral action on syria after u.s. president barack obama threatened to intervene there if a demobilized or use chemical biological weapons. >> that is all for now. thanks for watching.