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Transcripts For DW The Day - News In Review 20180823 02:02:0
Transcripts For DW The Day - News In Review 20180823 02:02:0
DW The Day - News In Review August 23, 2018 02:02:00
President s former attorney yesterday surrendered to the f. B. I. And pleaded guilty to eight charges and he took
Donald Trumps
name with him cohen told federal prosecutors that trump wanted him to use
Campaign Funds
in order to affect the outcome of the u. S. President ial election at almost the same time yesterday paul mann afford trumps former
Campaign Manager
was convicted on charges including tax and bank fraud now the comparisons with the
Watergate Scandal
are obvious and abundant never in the
Trunk Presidency
has the word impeachment been used as often as right now yet it is doubtful that
President Trump
sees himself as another
Richard Nixon
last night as the news was breaking he took to the stage at a rally in
West Virginia
as if he had stepped into an alternate reality trump was cheered by the crowd and he clapped while people chanted hillary locker room. Servers are calling it the darkest day so far in
Donald Trumps
turbulent presidency but the u. S. President at a rally in
West Virginia
appeared on rattled. Hes done time and again denied any russian involvement that aided him during his electoral campaign. Faked the rush in which we got all pick up and. Where is the closure you know theyre still looking for collusion where its like a loser finds a loser we want to find the collusion. His comments came just hours after developments that mean two of his ex advisors are facing lengthy
Prison Sentences
Michael Cohen
is trumps former personal lawyer and close friend he pleaded guilty to a range of charges including
Campaign Finance
violations cohens attorney lanny davis seen here wearing glasses said his client was prepared to tell everything he knows about trump including prior knowledge of the hacking of democratic president ial candidate
Hillary Clintons
computer and also a meeting in twenty sixteen between
Trump Campaign
aides and a russian delegation
Underoath Cohen
who once said he would take a bullet for donald trump swore he paid hush money to trumps alleged
Mistresses Including Porn Actress
Stormy Daniels
at the direction of who he referred to as the candidate its widely understood that hes referring to the u. S. President. To pay money to silence two women who had information. To the
Two Thousand And Sixteen
campaign and the campaign shortly afterwards a second court case delivered further drama mr trumps former
Campaign Manager
paul tonight in should be quite worried you know yesterdays events were cataclysmic i mean we saw two of the people who are closer to the government from birth get convicted of a whole slew of federal crimes. You know and the question for me on both of them is will to cooperate well already cooperate and well
Michael Cohen
cooperate and i think those are two sort of different analyses but either one of those could be hugely problematic for president i mean would you agree with me mr when i say that any other u. S. President that he would have been crushed by the events that we have seen just in the last couple of days but not donald trump it seems that he has been able to blow off a lot of dirt so why not ignore you know cohen implicating him in a federal crime i mean its hes giving the impression that he thinks he can just blow this all. Its one of the i think all marks of
Trump Presidency
that he is getting away with things that would have buried any other president any other politician ten times and its over how he does it i think is something of a political miracle but you know legally the facts of the evidence are really starting to build up against him now ultimately i guess one of the
Big Questions
are we going to have a legal solution or are we going to have a political affiliation yesterday what we saw were that in the
United States
there is there is rule of law are there is there is truth and theres a theory is just this you know last week that we had the president s attorney saying truth isnt truth or facts are facts well yesterday the
Department Of Justice
reminded us that the truth is truth and facts are facts and that even if you are you know someone very close to the president you still can be held accountable for your crimes so ultimately reverence to the president from remains to be seen but things went several steps against him yesterday you say mr hunter that the rule of law is still in prevailing in the
United States
but when youre outside the country and youre looking at events just consider what we saw yesterday you know we saw these two men who had been in trumps inner circle and now one is convicted one has pleaded guilty to these eight counts and that happened and then the same day you see the u. S. President in
West Virginia
being cheered by a crowd that it seems is almost boosted by the fact that the president is implicated in possible crimes so he can continue same good conscience and good faith that the system in the
United States
is going to withstand all of this. Well it looks the same from inside
United States
as you just laid out and i say the entire political system is going to waste and this i believe so i believe our institutions are resilient what i do know is that our legal system our court system our
Department Of Justice
have released the all throughout all this and i think were seeing that that ultimately there is a legal question about whether the president of the
United States
and the indicted while hes in office the prevailing view is probably not its not been tested in court but the
Current Department
of
Justice Policy
is not to do so and they could be changed but
Robert Muller
is is a conservative type who is not likely to bring a sort of dramatic challenge and you know look our system provides for impeachment in certain if certain facts are met and i think the upcoming
Midterm Election
s are going to be hugely important right now we have a
Republican Congress
a
Republican House
and senate but if the house looks over to democrats which
Many Political
pundits seem to think is possible or even likely then i think that vastly increases the chance we had and. What about the role of paul man a fourth former
Campaign Manager
for mr trump he has not cooperated with the
Special Prosecutor
it seems unlikely that he will do you think he is betting on a pardon from mr trump. I think hes hoping very much for a part and you know then a forty to sixty nine year old man he now is going to make it a serious federal crimes hes probably looking at a sentence that will keep him in jail for most or all of the rest of this like obviously nobody ever wants back and so really metaphor has two outs now one of them is to cooperate which is a difficult process which would require him to give evidence against everybody who he has evidence against like me putting the president which will require him to still serve some jail time or the sort of
Silver Bullet
or metaphor to get started but of course there are political risks that the president is giving a pardon and one thing i think that is possible with the president is willing to part a metaphor but he wants but wait until after the crucial
Midterm Election
s in a couple months because this is at the end of the day this seems that its more political then than it is legal and if the president were to pardon mr mann a fourth. Couldnt that be seen as
Obstruction Of Justice
i mean we know that mr man a fourth has been convicted of these eight counts and if the president were to pardon him isnt that in some way standing in the way of justice being served. It certainly would look like
Obstruction Of Justice
to me and i think to many people it key is going to be getting to the president s intent what was his reason for giving the pardon is there proof that hes doing it to prevent metaphorical operating what the president s been doing over the last several weeks is i think laying a foundation to make a different point to say no the reason pardoning him is because i felt like it was an unjust prosecution and thats why we see the
President Tweeting
and stating oh hes being treated so unfairly and hes a good person because then the president can say no my intent here was simply to pardon somebody for what i believe to be an unjust prosecution maybe disagree with me but thats not an illegal use of the pardon power is what the president i think what the saying i want to ask you before we run out of time a lot of people especially in the last twenty four hours theyve been talking about what has happened and theyve been comparing it to the water gate scandal do you think it is fair to make those comparisons now or do you think more were somewhat premature or do you think its even bigger than watergate ever was you know i think we have to hold off on making that decision i think potentially it could be bigger i dont think i would say that yet one thing to keep in mind is we need the public know a very small sliver of whatever
Robert Muller
no
Robert Muller
has run a very disciplined tight ship nobody has leaked nobody has spoken out of line and so all were really getting at the public is those relatively few things that are done in public in court like yesterdays proceedings and some other leaks that were getting from cohen and from the truck people and from
Rudy Giuliani
whos exceptionally unreliable so i dont think we can quite yet put it in
Historical Context
against watergate but at some point we will. All right former federal prosecutor from new jersey in new york joining us tonight from new york mr on it we certainly appreciate your time your insights valuable information trying to understand what is going on right now in washington thank you thank you. Well with us
Midterm Election
s coming in november
Tech Companies
are on high alert facebook and twitter have shut
Down Hundreds
of misleading accounts linked to russia and iran u. S. Politicians are also raising concerns over separate revelations of alleged russian hacking. Social media giants acting this time before its too late to go to prevent fake news and propaganda from influencing the upcoming us
Midterm Election
facebook has removed more than
Six Hundred Fifty
accounts pages and groups on his personal account facebook c. E. O. Mark zuckerberg wrote that the
Company Discovered
networks of accounts that were misleading people about who they were and what they were doing. Twitter also suspended over
Two Hundred Fifty
accounts under similar claims both
Companies Say
those uses were tied to russias military
Intelligence Services
or iran state owned media just a day before the climb down microsoft reported it seized control of six fake websites created by kremlin linked hack as the
Software Company
said the activities targeted u. S. Conservatives moscow tonight the allegations that u. S. Senators arent convinced youre involved in politics in
America High Levels
specially if you have views. That he doesnt like you should expect to be the target of a campaign to access your emails get into your systems divulge information or even falsify information against russian
Cyber Attacks
a big worry from the u. S. Especially after more alleged meddling in the
Twenty Six Thousand
election. Facebook has been criticized for not doing enough to stop fake news. As new elections approach the company has to prove it will not make the same mistake twice. Will ask any trader on any stock market what a bull looks like you know probably answer go to wall street and just watch all thats good advice in fact bulls made
History Today
on wall street and on main street for that matter today is the
Three Thousand Four Hundred And Fifty
day of the latest. Bull run on u. S. Stock markets not translated today marks the one this period of uninterrupted gains on u. S. Stock markets in history you know why is this record setting a market so important one because it has lasted so long in too because
Stock Indices
some have quadrupled in value since the bull run began and three well because there just arent any signs of a
Bull Slowdown
at least in the near future you have to go back to march
Two Thousand And Nine
to see this bull market take its first steps and thanks to unprecedented help from the u. S. Federal reserve the u. S. And the
Global Economy
were emerging from the scariest financial crisis since the
Great Depression
of the nineteen thirtys now this bull market seemed at times more like a cat with nine lives there was the downgrading of u. S. Credit in
Two Thousand And Eleven
there was the euro crisis right here in europe there was chinas economic slowdown that spooked the world and then that dramatic crash in oil prices remember when crude was selling for
One Hundred Dollars
a barrel all of those gave investors reason to panic but they didnt panic enough to kill
The Bull Market
in fact
Corporate America
has flourished consider those
Market Darlings
that we talk about all the time theres right there theres apple theres
Amazon Net Flix
their share prices grew and grew and grew and despite trade were figures under u. S. President trump
The Bull Market
remains intact but if you look closely youll see what some analysts label a market and a
National Economy
on steroids thanks to recent tax cuts and generous
Monetary Policy
at the fed. So if somebody were to say well gee
We Dont Bull Markets Die
of old age my answer is no they die of fright and what theyre most afraid of is recession we dont see a recession on the horizon and
Earnings Growth
combined with economic expansion makes us feel confident that while we could experience a decline of anywhere from five to fifteen plus percent we dont think the new bear market is around the corner. All right with me here the big that was lars halter from our
Business Department
so you heard that expert right there more of the experts saying that there is no bear market inside is he right i dont think hes right and there is not a real turnaround right now inside in the next couple of days but brant if you look at the market in the last couple of months were eight months into twenty eighteen and for the year the markets been flat more or less its actually slightly down from its peak in january and it looks to me and it feels a little bit like buyers have lost their conviction theyre looking desperately for reasons to keep going i really think it feels like its running a little out of steam take us back if you could to win this bull run began you were on wall street as i write i mean what was it like this it was really interesting time because of what had just happened america had just gone through the
Housing Crisis
and the financial crisis and it was march ninth and
Two Thousand And Nine
when the
Dow Jones Hit
just about over
Six Thousand Five Hundred
points the lowest in twelve years and wall street just had entirely changed over the last couple of weeks and
Lehman Brothers
had just gone into bankruptcy
Merrill Lynch
bear stearns those are some of the biggest
Donald Trumps<\/a> name with him cohen told federal prosecutors that trump wanted him to use
Campaign Funds<\/a> in order to affect the outcome of the u. S. President ial election at almost the same time yesterday paul mann afford trumps former
Campaign Manager<\/a> was convicted on charges including tax and bank fraud now the comparisons with the
Watergate Scandal<\/a> are obvious and abundant never in the
Trunk Presidency<\/a> has the word impeachment been used as often as right now yet it is doubtful that
President Trump<\/a> sees himself as another
Richard Nixon<\/a> last night as the news was breaking he took to the stage at a rally in
West Virginia<\/a> as if he had stepped into an alternate reality trump was cheered by the crowd and he clapped while people chanted hillary locker room. Servers are calling it the darkest day so far in
Donald Trumps<\/a> turbulent presidency but the u. S. President at a rally in
West Virginia<\/a> appeared on rattled. Hes done time and again denied any russian involvement that aided him during his electoral campaign. Faked the rush in which we got all pick up and. Where is the closure you know theyre still looking for collusion where its like a loser finds a loser we want to find the collusion. His comments came just hours after developments that mean two of his ex advisors are facing lengthy
Prison Sentences<\/a>
Michael Cohen<\/a> is trumps former personal lawyer and close friend he\rpleaded guilty to a range of charges including
Campaign Finance<\/a> violations cohens attorney lanny davis seen here wearing glasses said his client was prepared to tell everything he knows about trump including prior knowledge of the hacking of democratic president ial candidate
Hillary Clintons<\/a> computer and also a meeting in twenty sixteen between
Trump Campaign<\/a> aides and a russian delegation
Underoath Cohen<\/a> who once said he would take a bullet for donald trump swore he paid hush money to trumps alleged
Mistresses Including Porn Actress<\/a>
Stormy Daniels<\/a> at the direction of who he referred to as the candidate its widely understood that hes referring to the u. S. President. To pay money to silence two women who had information. To the
Two Thousand And Sixteen<\/a> campaign and the campaign shortly afterwards a second court case delivered further drama mr trumps former
Campaign Manager<\/a> paul\rtonight in should be quite worried you know yesterdays events were cataclysmic i mean we saw two of the people who are closer to the government from birth get convicted of a whole slew of federal crimes. You know and the question for me on both of them is will to cooperate well already cooperate and well
Michael Cohen<\/a> cooperate and i think those are two sort of different analyses but either one of those could be hugely problematic for president i mean would you agree with me mr when i say that any other u. S. President that he would have been crushed by the events that we have seen just in the last couple of days but not donald trump it seems that he has been able to blow off a lot of dirt so why not ignore you know cohen implicating him in a federal crime i mean its hes giving the impression that he thinks he can just blow this all. Its one of the i think all marks of
Trump Presidency<\/a> that he is\rgetting away with things that would have buried any other president any other politician ten times and its over how he does it i think is something of a political miracle but you know legally the facts of the evidence are really starting to build up against him now ultimately i guess one of the
Big Questions<\/a> are we going to have a legal solution or are we going to have a political affiliation yesterday what we saw were that in the
United States<\/a> there is there is rule of law are there is there is truth and theres a theory is just this you know last week that we had the president s attorney saying truth isnt truth or facts are facts well yesterday the
Department Of Justice<\/a> reminded us that the truth is truth and facts are facts and that even if you are you know someone very close to the president you still can be held accountable for your crimes so ultimately reverence to the president from remains to be seen but things went several steps against him yesterday you say mr hunter that the rule of law is still in prevailing in the
United States<\/a> but when youre\routside the country and youre looking at events just consider what we saw yesterday you know we saw these two men who had been in trumps inner circle and now one is convicted one has pleaded guilty to these eight counts and that happened and then the same day you see the u. S. President in
West Virginia<\/a> being cheered by a crowd that it seems is almost boosted by the fact that the president is implicated in possible crimes so he can continue same good conscience and good faith that the system in the
United States<\/a> is going to withstand all of this. Well it looks the same from inside
United States<\/a> as you just laid out and i say the entire political system is going to waste and this i believe so i believe our institutions are resilient what i do know is that our legal system our court system our
Department Of Justice<\/a> have released the all throughout all this and i think were seeing that that ultimately there is a legal question about whether the president of the
United States<\/a> and the indicted\rwhile hes in office the prevailing view is probably not its not been tested in court but the
Current Department<\/a> of
Justice Policy<\/a> is not to do so and they could be changed but
Robert Muller<\/a> is is a conservative type who is not likely to bring a sort of dramatic challenge and you know look our system provides for impeachment in certain if certain facts are met and i think the upcoming
Midterm Election<\/a>s are going to be hugely important right now we have a
Republican Congress<\/a> a
Republican House<\/a> and senate but if the house looks over to democrats which
Many Political<\/a> pundits seem to think is possible or even likely then i think that vastly increases the chance we had and. What about the role of paul man a fourth former
Campaign Manager<\/a> for mr trump he has not cooperated with the
Special Prosecutor<\/a> it seems unlikely that he will do you think he is betting on a pardon from mr trump. I think hes hoping very much for\ra part and you know then a forty to sixty nine year old man he now is going to make it a serious federal crimes hes probably looking at a sentence that will keep him in jail for most or all of the rest of this like obviously nobody ever wants back and so really metaphor has two outs now one of them is to cooperate which is a difficult process which would require him to give evidence against everybody who he has evidence against like me putting the president which will require him to still serve some jail time or the sort of
Silver Bullet<\/a> or metaphor to get started but of course there are political risks that the president is giving a pardon and one thing i think that is possible with the president is willing to part a metaphor but he wants but wait until after the crucial
Midterm Election<\/a>s in a couple months because this is at the end of the day this seems that its more political then than it is legal and if the president were to pardon mr mann a fourth. Couldnt that be seen as
Obstruction Of Justice<\/a> i mean we know that mr\rman a fourth has been convicted of these eight counts and if the president were to pardon him isnt that in some way standing in the way of justice being served. It certainly would look like
Obstruction Of Justice<\/a> to me and i think to many people it key is going to be getting to the president s intent what was his reason for giving the pardon is there proof that hes doing it to prevent metaphorical operating what the president s been doing over the last several weeks is i think laying a foundation to make a different point to say no the reason pardoning him is because i felt like it was an unjust prosecution and thats why we see the
President Tweeting<\/a> and stating oh hes being treated so unfairly and hes a good person because then the president can say no my intent here was simply to pardon somebody for what i believe to be an unjust prosecution maybe disagree with me but thats not an illegal use of the pardon power is what the president i think what the saying i want to ask you before we run out of time a lot of people especially in the last twenty four hours theyve been talking about\rwhat has happened and theyve been comparing it to the water gate scandal do you think it is fair to make those comparisons now or do you think more were somewhat premature or do you think its even bigger than watergate ever was you know i think we have to hold off on making that decision i think potentially it could be bigger i dont think i would say that yet one thing to keep in mind is we need the public know a very small sliver of whatever
Robert Muller<\/a> no
Robert Muller<\/a> has run a very disciplined tight ship nobody has leaked nobody has spoken out of line and so all were really getting at the public is those relatively few things that are done in public in court like yesterdays proceedings and some other leaks that were getting from cohen and from the truck people and from
Rudy Giuliani<\/a> whos exceptionally unreliable so i dont think we can quite yet put it in
Historical Context<\/a> against watergate but at some point we will. All right former federal\rprosecutor from new jersey in new york joining us tonight from new york mr on it we certainly appreciate your time your insights valuable information trying to understand what is going on right now in washington thank you thank you. Well with us
Midterm Election<\/a>s coming in november
Tech Companies<\/a> are on high alert facebook and twitter have shut
Down Hundreds<\/a> of misleading accounts linked to russia and iran u. S. Politicians are also raising concerns over separate revelations of alleged russian hacking. Social media giants acting this time before its too late to go to prevent fake news and propaganda from influencing the upcoming us
Midterm Election<\/a> facebook has removed more than
Six Hundred Fifty<\/a> accounts pages and groups on his personal account facebook c. E. O. Mark zuckerberg wrote that the
Company Discovered<\/a> networks of accounts that were\rmisleading people about who they were and what they were doing. Twitter also suspended over
Two Hundred Fifty<\/a> accounts under similar claims both
Companies Say<\/a> those uses were tied to russias military
Intelligence Services<\/a> or iran state owned media just a day before the climb down microsoft reported it seized control of six fake websites created by kremlin linked hack as the
Software Company<\/a> said the activities targeted u. S. Conservatives moscow tonight the allegations that u. S. Senators arent convinced youre involved in politics in
America High Levels<\/a> specially if you have views. That he doesnt like you should expect to be the target of a campaign to access your emails get into your systems divulge information or even falsify information against russian
Cyber Attacks<\/a> a big worry from the u. S. Especially after more alleged meddling in the
Twenty Six Thousand<\/a> election. Facebook has been criticized for not doing enough to stop fake news. As new elections approach the company has to prove it will not make the same mistake twice. Will ask any trader on any stock market what a bull looks like you know probably answer go to wall street and just watch all thats good advice in fact bulls made
History Today<\/a> on wall street and on main street for that matter today is the
Three Thousand Four Hundred And Fifty<\/a> day of the latest. Bull run on u. S. Stock markets not translated today marks the one this period of uninterrupted gains on u. S. Stock markets in history you know why is this record setting a market so important one because it has lasted so long in too because
Stock Indices<\/a> some have quadrupled in value since the bull run began and three well\rbecause there just arent any signs of a
Bull Slowdown<\/a> at least in the near future you have to go back to march
Two Thousand And Nine<\/a> to see this bull market take its first steps and thanks to unprecedented help from the u. S. Federal reserve the u. S. And the
Global Economy<\/a> were emerging from the scariest financial crisis since the
Great Depression<\/a> of the nineteen thirtys now this bull market seemed at times more like a cat with nine lives there was the downgrading of u. S. Credit in
Two Thousand And Eleven<\/a> there was the euro crisis right here in europe there was chinas economic slowdown that spooked the world and then that dramatic crash in oil prices remember when crude was selling for
One Hundred Dollars<\/a> a barrel all of those gave investors reason to panic but they didnt panic enough to kill
The Bull Market<\/a> in fact
Corporate America<\/a> has flourished consider those
Market Darlings<\/a> that we talk about all the time theres right there theres apple theres
Amazon Net Flix<\/a> their share prices grew and grew and grew and despite trade\rwere figures under u. S. President trump
The Bull Market<\/a> remains intact but if you look closely youll see what some analysts label a market and a
National Economy<\/a> on steroids thanks to recent tax cuts and generous
Monetary Policy<\/a> at the fed. So if somebody were to say well gee
We Dont Bull Markets Die<\/a> of old age my answer is no they die of fright and what theyre most afraid of is recession we dont see a recession on the horizon and
Earnings Growth<\/a> combined with economic expansion makes us feel confident that while we could experience a decline of anywhere from five to fifteen plus percent we dont think the new bear market is around the corner. All right with me here the big that was lars halter from our
Business Department<\/a> so you heard that expert right there more of the experts saying that there is no bear market inside is he right i dont think hes\rright and there is not a real turnaround right now inside in the next couple of days but brant if you look at the market in the last couple of months were eight months into twenty eighteen and for the year the markets been flat more or less its actually slightly down from its peak in january and it looks to me and it feels a little bit like buyers have lost their conviction theyre looking desperately for reasons to keep going i really think it feels like its running a little out of steam take us back if you could to win this bull run began you were on wall street as i write i mean what was it like this it was really interesting time because of what had just happened america had just gone through the
Housing Crisis<\/a> and the financial crisis and it was march ninth and
Two Thousand And Nine<\/a> when the
Dow Jones Hit<\/a> just about over
Six Thousand Five Hundred<\/a> points the lowest in twelve years and wall street just had entirely changed over the last couple of weeks and
Lehman Brothers<\/a> had just gone into bankruptcy
Merrill Lynch<\/a> bear stearns\rthose are some of the biggest
Wall Street Names<\/a> in history they will gone suddenly and with them confidence in the markets will go on and nobody knew what was happening it felt a little bit like the big crash in the
Great Depression<\/a> i was not around at that time
A Hundred Twenty Nine<\/a> but we know the pictures on that time and there was really a desperate mood and then of course the
Federal Reserve<\/a> stepped in and they lowered
Interest Rates<\/a> to zero percent to keep the economy going and with the economy coming back
Consumer Confidence<\/a> came back
Investor Confidence<\/a> came back and just about seven months after the slow point the dow jones was back at over ten thousand points so quite a steep rally right there and then of course we have you know the emergence of u. S. President donald trump he says that wall street has reached all of these. Recent record highs thanks to his policies you know he loves to brag about what hes done is he right im actually kind of surprised he just tweeted about less than an hour\rago he said longest bull run in the history of the stock market
Congress Relations<\/a> america im actually surprised he didnt write
Congress Relations<\/a>hip getting it done because obviously hes been think things like that before this bull market of course is not his its entirely inherited from president obama the entire first aid near swan to his policies however
President Trump<\/a>s policies have given the market another push over the last a year and a half of course weve seen a steep push and there was a tax cut mostly for companies and before we run out of time how much longer do you think these these bulls will be running if i would have to name a date i would say march ninth next year that would make it ten years to give it another six seven months but really with the trade war said were seeing right now with the
Federal Reserve<\/a> hiking
Interest Rates<\/a> up again this party has to be over but ive done a deal right honest with your friend ive said that for last couple do you have been wrong many times as least a large everything that goes up has to come down at some eventually large halls or\rmore business to force that you are. Well turkish president
Richard Tayyip<\/a> erda one made a big promise during his
Election Campaign<\/a> earlier this year a vote for me is a vote for prosperity were not really inflation and unemployment are crippling the economy people with lower incomes are suffering the most many are struggling just to keep their home. Zain abuse canoe used to have a house here the retiree worked her entire life to become a homeowner but two years ago istanbul city officials came knocking at her door saying she had to move the ruling a. K. P. Party said it was part of its
Urban Renewal<\/a> policy. With his service the
City Administration<\/a> said if you dont want to go then it will simply be confiscated then the building contract it came and promised us an apartment by june\rthis year in return for our property but nothing has materialized. Now all that remains here is an abandoned
Building Site<\/a> the
Construction Company<\/a> has reportedly gone bankrupt and the contractor cant be contacted. That unit has been without her own home ever since shes been staying with relatives. Now she and others who had to move have set up a protest camp and they say they want justice but the fight seems to be getting harder. You know. Anger is probably going a bit too far but we all share the same sense of intense disappointment the government has to do something to help. Their plan was to relocate residents to new homes now they should find us new apartments. For years the
Construction Industry<\/a> was central to turkeys economic success. The government gave out cheap loans to businesses and approved massive contracts for new highways and bridges. Now times\rare tough and the
Construction Industry<\/a> is on the brink of collapse many
Building Activities<\/a> have come to a standstill. In parts of the in its former neighborhood the demolition crews havent started work yet quarters like these were built by labor migrants from eastern anatolia region. Soon everyone will have to leave the official reason is the threat posed by earthquakes critics however suspect the government is doing dubious deals with construction companies. Well the thing is that isnt it never said that look this is what my house used to look like a small bungalow behind my place there was a victory my pick fruit from it it was wonderful. The local hairdresser a member of the ruling i think a p party disagrees he says people like they never melting the country he says the government is working hard to make everyone happy\rso. Theres no problem here. When the government is finished building everything it will be great. Nice and safe everything has become it was. Zainab visits one of her former neighbors a woman who has been compensated with an apartment from one of the newly constructed apartment blocks the buildings look cheap and hastily build many residents say they had no idea what it would be like to live here. Almost to go to escape those local there is no sense of
Community Among<\/a> the neighbors anymore no one invites you over to their apartment for a cup of tea and theyre making us into strangers in our own talent because. Prices are exploding in turkey thanks to the plummeting
Lira And Rampant Inflation Zeinab<\/a> suspension of roughly
Two Hundred Euros<\/a> a month is quickly losing value there are more and more reports of mass redundancies and unemployment continues to rise the official figure is already\rabove twelve percent elected but this is why if i paid an atrocity gas and water bills there wouldnt be much left over everythings become so expensive one minute you cant afford five hundred grams of meat anymore then suddenly you cant even afford
Two Hundred Fifty<\/a> and i dont even have money for fish you. Turkey is on the brink of economic collapse citizens like to do is going to have lost faith in their government. As well as having fewer rights than becoming poorer by the day. Well the day is nearly done but as always the conversation continues online you see were how you can reach us and remember no matter what happens between now and then tomorrow is another day well see you then everybody. Contrasts is for. Some typical symptoms of menopause and the. Drugs claim to treat these problems are best salads. But new research is busting myths about this life change of. Hormone how. To find minutes on d w. Lehman brothers ten years on a story of
Ambition Greed<\/a> and megalomania. Were so close. To the written books with the. Coming
Basement Bankers Carousel<\/a> with the never stop. Everythings wrong the wanted to ignore the reality","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"https:\/\/vimarsana.com\/images\/vimarsana-bigimage.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240618T12:35:10+00:00"}