Transcripts For KCSM Journal 20150424

Thousands continue to flee their homes for a better life. Matt these measures will focus on saving lives at sea and on dismantling the networks of traffickers. Critics are calling it too little too late. Briam we are going to brussels where an emergency summit has been underway. First we have this report. Reporter protesters in brussels pushing eu leaders to get serious about Immigration Reform and to help the thousands of refugees who risk their lives or die trying to get to europe every year. They need to step up in their human rights obligations. Nothing other than a fully fledged humanitarian operation will be acceptable today. Reporter italys 9 million euro per month rescue mission was replaced by a much smaller eu mission area critics blamed the lack of commitment in the mediterranean for thousands of migrant deaths. The meeting in brussels was called, saying all of mediand the members should share the burden. All our median members should share the burden. We have a responsibility. Reporter italy says it is fed up with the northern neighbors in the eu not pitching and more. They u. K. Has signaled willingness to help with rescue missions at sea but says it does not want to take in more refugees. People we deal with are taken to the nearest safe country. We do not have immediate recourse to claim asylum in the u. K. Reporter Francois Hollande spoke abo the reasons for migration, serving up Harsh Criticism of his predecessors 2011 military intervention in libya. President Francois Hollande he real question is why no one question which happen after that mission. Reporter chancellor merkel we germanys chancellor merkel warned there was no time to lose and a lot at stake. Chancellor merkel it is about putting a stop to Human Trafficking and addressing the reasons why people flee. Above all it is about saving human lives. Reporter that is a sentiment these demonstrators no doubt agree with. But they want to see more than just words. Brian countys words be translated into action . From the latest, lets go to our bureau chief max hoffman. You have heard some new proposals, including destroying traffickers ships be more they take to see. What are we likely to see out of this and would it include military action . Max destroying ships is one of the points where logistics is completely unclear. Heads of state and government are talking about the various points. We do expect them to come out shortly. We have been hearing the new clan is not only to double the funds of the mission, the mission to make sure that nobody may enter the eu border off the coast but they are going to try to triple that. Not confirmed yet but if they do they would have the same level of finding as they would for an italian run search and rescue mission that went up until last fall. That would be an increase in funding, which is important, of course. On top of that we have been hearing germans have been committed to sending ships up from the port of africa, where e german army has some vessels to combat piracy. Brian that is one aspect keeping the traffickers at bay. Briefly if you could eus president said he want to see he wants to see more legal is there support for that from nationstates . Max that is one of the more complicated topics. What more complicated than the searchandrescue thing. Of if you want to apply for if you want to apply for political asylum in the European Union you have to be on european soil to do that. In order to avoid that you have to set up some kind of center for migrants or potential migrants to apply for asylum. You cant do that in countries like libya, because it is a ailing state. That is why they are thinking about doing Something Like that. The will doesnt seem to be there to do this in a fast or effective way. It is the same way with a settlement of migrants that make it to the European Union. You have 28 Member States and they are clearly not on the same page concerning those topics. Brian max hoffman for us, following those emergency migration talks for us today in brussels. He will talk to you later. We will talk to you later. To qualify for Refugee Status members need to prove they were persecuted. Matt our reporter rg increase has been talking with a nigerian have has in that has been deported. Reporter these deportation papers are a sad reminder of the time George Vincent spent in europe. He left nigeria because he couldnt find work. He made it to austria before being sent back. He says he wanted to get a job as a cleaner there but it did not work out. Unfortunately i was without interview, without anything outside back to nigeria. When one is living a life without meaning, your life is nothing. Their life is your slips their life is useless. Reporter he doesnt have a job or home. He sleeps on the floor at a friends place. When he first left he traveled tunisia are from libya traveled tonight sure from libya two niger from libya. People die without water. Sometimes you keep you see people drinking urine. Drinking just to survive the day is a the desert. Some die on the way. Reporter there are no reliable figures as to how many people try to get to you. To europe. The numbers keep growing. They have this misconception that the land is better on the other side. They will do anything to move over to a better place. If the conditions and situation do not improve in africa and developing countries you will find out a lot of these youths who are disillusioned and want to find out ways out of the country. Reporter George Vincent is now a preacher not in a church but on the street. It brings him in a little bit much money a little bit of money and keeps his mind off the past. I go out to preach the word of god. Are you living your life today . Reporter fence and says he has no plans to try to enter europe again. He hopes to earn money to rent a flat of his own. That is what jesus christ came to safe. Matt friday marks 100 years since the armenian genocide, the systematic deportation and killing of armenians by Ottoman Turks. The term genocide is widely used by historians but is rejected by turkey. Brian whatever use whatever word is used, the memories remain as a new generation says the past will never be forgotten. Reporter these family photos document a son document a century of suffering turmoil and renewal. He was born in iran in 1922. Her grandfather did not escape from our media. He was murdered by the Ottoman Turks in 1950. His story has been with her all her life. My grandfather was drafted into the army by the turks. One day he reported for duty and never came back. When my grandmother went to look for him, all she found work parts of his body. His arms severed and his ears. His belly had been stuffed with wool. It was so cruel. Reporter she now lives in the capital of armenia. After many years in iran and the United States. After the genocide began in 1915, as many as one third of the armenian population led many ended up in the u. S. Including the parents of he was born in los angeles. She to know she to now lives in the land of her ancestors. What happened to my family their flight for armenia flight from armenia was by no means exceptional. Almost every family was affected by the genocide a century ago. I hope we will have as much strength as our ancestors had back then. Reporter at 93 she is frail. She lives with her daughter mimi. Their conversations switch between english and armenian. But they avoid talking about what happened back then. It is too upsetting. Would janet sitter visiting janet consider visiting . Janet why would i choose to go to turkey . My family suffered so much. I dont want to think about it. Reporter madeleine, by contrast, wants to talk about the genocide. She is going to take part in an art project this year, as in past years. After the commemoration ceremony she will gather up all the flowers to make paper out of them. Personal accounts of the genocide will be printed on the paper. Lest the past be forgotten. Brian turks who publicly challenged their governments position that no genocide occurred at all do so at their own peril. Dw has been talking to people in istanbul and has more on their views about this highly contentious issue. Reporter the official line is that the killing of armenians 100 years ago is not a genocide. He is one of the few historians in turkey that has openly disagreed with the government. He is convinced most turkish people arent in the dark either, despite official denials. This crime is just about those who were killed. Their property was confiscated their churches were destroyed. Everyone saw it and the government knows it too. They use a Defense Strategy just to try to get through the anniversary. Reporter while opinions vary most turkish people dont dispute the fact that armenians were killed, but say they werent the only victims of the first world war. , it was wartime. This shouldnt have happened. But unfortunately sleep both the armenians and turks suffered losses. Unfortunately both the armenians and turks suffered losses. We shouldve recognized the genocide and apologized to the armenian people. Reporter not a widely held opinion in turkey, but a very important one for the countrys small armenian minorityr the dw media center, see it live. Here more of it. Discovery. Discover it. Video and audio, podcast and language courses. At the dw media center. Matt president barack obama has apologized for the deaths of americans and italians held hostage by al qaeda. The two members were killed during a counterterrorism raid in brian president obama said he took full responsibility for the operation. The two men died when the u. S. Military targeted and al qaeda compound. One of the two hostages was a 73yearold aid worker, Warren Weinstein who was kidnapped back in 2011. We are joined by richard walk. It is very unusual for the white house to assume all responsibility for Something Like this. Can you give us an idea what was behind this move . Richard it was striking coming from barack obama and the white house today. There are two reasons behind that, one of them is quite selfserving and one of them because the Administration First of all, on the selfserving side it is important to get ahead on ace tory like this on a story like this. That would cause extremely damaging light on the Obama Administration especially given how controversy roles drone strikes have been in the past controversy all drone strikes controversial drone strikes have been in the past. The United States is a democracy committed to openness in good times and in bad. Saying that the United States needs to hold itself to a higher standard. That is reminiscent of anything the Obama Administration was saying a few months ago. You may remember the Infamous Senate report into torture by the cia. I think they are trying to line in with belief and transparency. The Obama Administration has received a lot of criticism to selfserving and transparency kind of beliefs. Brian we apologize for the quality of that connection. Matt Deutsche Bank has been made to pay a record 2. 5 billion fine. Financial regulators in the u. S. And the u. K. Settled on the sum to punish the bank or its involvement in the libor Interest Rate fixing scandal. Brian does find this fine arts the amounts other banks were made to pay following the investigation, suggesting its wrongdoing was especially egregious. Reporter the shine may have worn off Deutsche Bank. The decision after traders manipulated a key Interest Rate. Major but major banks joint major banks joined the libor rate. Even tiny fluctuations in the benchmark could lead to big profits. That is what traitors did, they rigged the libor to earn money for their banks and skyhigh bonuses for themselves. But now they are paying the price. Deutsche bank faces a 2. 3 billion euro fine from u. S. And tax authorities. It is the highest yet in the libor scandal. Switzerlands ubs has already paid out the equivalent of 1. 2 billion euros and britains Barclays Bank was given a 325 million euro penalty. German investigators german regulators are also investigating german regulators are also investigating. The scandal has cost customers billions. Brian we have more news about other Corruption Scandals. Investors are getting a very cold and hard look at the Financial Impact of a massive Corruption Scandal at the Brazilian Energy giant petrobras. Matt this state run company now reports it has lost 1. 9 billion euros, which are directly attributable to the sandal. Kickbacks and fake contracts hit the government hard. Reporter it was a sobering day for brazils biggest company. New page breast ceo is trying to win new petrobras ceo is trying to win back credibility after the scandal. He is promising transparency and a complete investigation into the kickback scheme that ran for eight years. I sincerely apologize on behalf of the whole company. I hope the people of brazil will soon be able to trust us again and believe in the quality of what we deliver. We are very important to the economy and society in brazil. Reporter the Corruption Scandal has taken a huge toll on the economy. Petrobras accounts for roughly 1 10 of the countrys gdp. Revelations about contract fixing, bribes and monday laundering and Money Laundering has done and Money Laundering has delivered a blow to petrobras itself. It also posted acid devaluation of working billion euros. Posted asset devaluation of 14 billion euros. On wednesday former executive was sentenced to seven years in prison for his role in the scandal. Matt we will go to the markets where european stocks did not have a good day. At the Frankfurt Stock Exchange reporter it is not always what you get that what you were expecting to get. The Consumer Climate index and the german purchasing Managers Index were good, but not as good as expected, dragging markets down. We saw a slight decline in france. This shows us the economy in the eurozone may not be doing as well as we all think. The other big headline was Deutsche Bank, germanys bestknown Financial Institution will have to pay 2. 5 billion to u. K. And u. S. Authorities after being accused of manipulating Interest Rates. This was good for the Deutsche Bank stock, which was one of the best performers here. It was a bad day for the market so the eyes are turning to the u. S. Matt here come the market the numbers in full, starting in frankfurt. The dax did not have a good day. Down more than 1 . The European Index also felt by three quarters of a percent. The dow jones in new york, where they are still trading, is going up by close to one half of a percent. The euro is trading slightly against the dollar all 1. 0 820 108. 24. Brian there is a state of emergency in southern chile. Thousands of people have been evacuated. Air traffic has been disrupted and ash has been blanketing parts of neighboring argentina. Reporter a massive column of smoke and ash shooting into the sky, visible in neighboring argentina. Residents in the nearest town were caught by surprise when the Sleeping Giant suddenly woke up. It was impressive seeing this enormous Mushroom Cloud with force of a volcano. I have never seen anything like this area you start to wonder what is going to happen. Reporter geologists say third eruption is likely. The government is evacuating everyone within 20 kilometers of the volcano. She lay hospiras and has declared a state of emerging see because of the she lays chill aes president has declared a state of emergency. Anyone entering this loan entering the zone needs to take precaution. Reporter there have been no reports of deaths or injuries as a result of the eruptions. Matt commemorations are set to take place across europe to mark the 70th anniversary of the end of world war ii. Brian because so many of those are passing on or half past on, the memory of those who are alive is that much more poignant. Matt a french soldier here at the opening in berlin of an exhibition of the war made a special plea for the protection of children and mothers in times of conflict. Reporter germanys past and present were summed up i this handshake summed up why this handshake. Summed up by this handshake. He was one of survivors imprisoned in berlin during the exhibitions opening. He spoke of present day responsibilities. Back then germany was a destructive horse. Which it destructive force. Which is why it must become a constructive agent order and peaceful development. More than anyone else it must fight for Political Solutions to conflict and to sustainable pulled sustainable hes. Cheers. Reporter that is sustainable peace. Cheers sustainable peaceful structures. Reporter it is up to all of us. Securing peace, human rights, childrens rights, is and never ending fight. It is not a given. Reporter with conflict raging across the world this message rains especially true in 2015. Brian we would like to recap our top story for you. Europe has promised swift action to halt the ongoing loss of life in the mediterranean as tens of thousands of people continued to flee their homes for a better life in the union. Matt these measures will be focused on saving lives at sea and the dismantling of the networks of human traffickers. Late. Brian find out more and more about these and other stories on our website. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] this week on wealthtrack, bond fund manager david rally is finding more valuable plays in places like india and brazil and tell us what other International Investments are music to his ears. Thats 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 sayles