tv DW News LINKTV January 18, 2017 2:00pm-2:31pm PST
>> this is "dw news," live from berlin. tonight, the last word. u.s. president barack obama gives his final press conference. he praises the media for keeping him honest, and he reminds reporters of the importance of holding leaders to account. he also tackles questions on russia, a theme that looks set to dog his successor's presidency. also coming up, obama uses the
press conference to defend commuting the sentence of whistleblower chelsea manning. now wikileaks founder julian assange is under pressure. will he make good on his pledge to face possible espionage charges in return for manning's release? plus, the date's developments at the world economic forum. reporter: here in davos, nobel prize-winning economist joseph stiglitz rules trump's economic policies are bound to fail. brent: i am brent goff. good to have you with us. outgoing u.s. president barack obama has given his last press conference, telling the media america needs you, democracy needs you.
that is after his successor, donald trump, floated the idea of booting the press corps out of the white house. obama urged journalists to empower americans with accurate, rigorous reporting. president oba: i spent a lot of time in my farewell address talking about the state of our democracy. it goes without saying that essential to that is a free press. that is part of how this place, this country, this grand experiment of self-government has to work. it doesn't work if we don't have a well-informed citizenry. and you are the conduit through which they received the information about what is taking place in the halls of power. america needs you and our democracy needs you. we need you to establish a baseline of facts and evidence that we can use as a starting point for the kind of reasoned
and informed debates that ultimately lead to progress. and so my hope is that you will continue with the same tenacity that you showed us to do the hard work of getting to the bottom of stories, getting them right, and to push those of us in power to be the best version of ourselves. brent: profound words there from u.s. president barack obama. he also used the press conference to defend his decision to cut chelsea manning's jail sentence. he says the soldier who gave secrets to wikileaks had already served a tough punishment and described his decision as "entirely appropriate." president obama: first of all, let's be clear, chelsea manning has served a tough prison sentence. so the notion that the average
person who was thinking about disclosing vital classified information would think it goes unpunished i don't think would get that impression from the sentence that chelsea manning has served. brent: all right, we want to go to our washington correspondent. she has been following the press conference. it was interesting, wasn't it, the outgoing u.s. president began the press conference by speaking to people like you and me, saying the media are needed in a functioning democracy. how significant is that, considering this is the last time he will speak as u.s. president? reporter: well, i think it was very significant. it was very striking that he began his press conference by thanking the reporters for asking tough questions. he is at the point of the
relationship between the press and the president is that the press has to be skeptical and reporters have to ask tough questions and they have to hold the president accountable. i mean, he didn't criticize president-elect trump directly. he avoided criticizing him. but it was a clear reference to the fact that president-elect trump has a very difficult relationship with the press. brent: that is an understatement, many people would say. what about russia? that topic also came up fairly quickly at the press conference. reporter: yes, and i would say that president obama was quite defensive on this issue. he said that taking office in 2008, he tried to improve the relationship with russia, he tried to help russia improve its economy. but then, it was putin's rhetoric, anti-american rhetoric
, and russia's action in ukraine that made sanctions and further sanctions necessary. brent: and of course, chelsea manning, that was the hot topic today. there is the possibility that obama's presidency will end and be remembered as ending with commuting a whistleblower's prison sentence. what did the president have to say? reporter: well, president obama tried to make clear that it is about chelsea manning. that it is about this one case, saying that justice has been served and the message has been sent. his argument was that chelsea manning has served a tough prison term. what is true, because it was the longest ever imposed sentence in united states for a leak conviction. he was trying to bring this
message to explain his decision by saying that it was about chelsea manning and this very long sentence. brent: our washington correspondent on the story for us, covering the final obama press conference. thank you very much. all right, we are going to stay with that chelsea manning story. after the decision to release whistleblower chelsea manning, attention is shifting to the fate of wikileaks founder julian assange. here's the situation as it stands right now. he has been holed up in the ecuadorian embassy since claiming asylum there in 2012. he is wanted in sweden on allegations of rape, which he denies that he says he believes he will be extradited to the u.s. on espionage charges he leaves the embassy. that is despite the fact that the u.s. has not formally issued an extradition for him. we want to find out where this story is going to move next. joining me now to discuss where
the story could go is ellan n akashima, national security reporter at "the washington post." thank you for taking the time to talk with us this evening. let's take a look at what the wikileaks account tweeted last year. this is what we saw. "if obama grants manning clemency, assange will agree --" are we going to see those -- "to an extent, despite it's clear unlawfulness." that is today. assange tweeting, "still happy to come to the u.s. if all his rights are guaranteed, despite the white house saying was not good program -- quid pro quo."
ellen, let me ask you. how do you read this then? is this a case of julian assange not keeping his promise? is that what we are looking at? ellen: i'm sorry, could you please repeat it? i'm having a bit of a problem hearing you, clearly. brent: i just wanted to ask you, the tree we saw to-- tweet we saw today with julian assange laying out conditions for being extra that it, is this a case of him backpedaling? ellen: yes, it seems to be a case of moving the goalposts. he had earlier last year said that he would be willing to be extradited if president obama commuted chelsea manning's sentence. obama has done so. now it appears that julian assange is saying, well, at was insufficient. you have to release chelsea
immediately, not wait until may. so, yes, it seems that he -- brent: sorry about that. we have a delay here, which is why we kind of run over each other. let me ask you, ellen, assange appears happy to come to the u.s., provided all his rights are guaranteed. what right is he referring to? ellen: i think you'll have to ask him what he is referring to. i believe the u.s. government, en it says it will want to prosecute people, it observes the rights of the criminal justice system, the rights of due process, the rights to a speedy trial, the right to petition to see the evidence against them he should be afforded all rights. i'm not sure what rights he doesn't think he will have. now, to be clear, there has been no public charges, no public
indictment against julian assange in the u.s. it is not even clear that there is one forthcoming. so i think he believes that there are charges or maybe charges. but that hasn't been proven. brent: let me pick up on this final press conference from president obama today. he wouldn't let himself be drawn to talk about the fate of assange, only to say that he doesn't pay attention to the wiki leaks founder's tweets. do you anticipate we will see assange face a u.s. court anytime soon? ellen: i'm not holding my breath, put it that way. brent: ok, and why is that? do you think that the parameters of all of this, will they be different under president trump than they would have been under president hillary clinton?
ellen: they may well be. there had been an investigation into wikileaks and julian assange following the disclosure of the documents that chelsea manning gave to wikileaks. but that investigation seems to have foundered, withered. it seems to have gone nowhere. now, whether there will be any new investigation or charges arising out of the investigation into russia and hacking and connections to wikileaks is -- yet remains to be seen. you have heard president-elect trump express open skepticism that russia was behind the dnc hacks. he finally seems to have said yes, they were behind it. but other countries happen to these systems, too. -- hack into these systems, too.
and he has expressed admiration for what wikileaks has done in recent months, with its role in the leagues-- leaks of the dnc e-mails. brent: we will certainly be anticipating the next move in the story. ellen nakashima, national security reporter for "the washington post," thank you for taking the time to talk to us could we appreciate it. ellen: thank you for having me. brent: the death toll has risen in nigeria's botched air raid agencies say the attack injured whe 170 people. the nigerian military says the air raid was meant to target boko haram. reporter: the aftermath for adults and children who had first been made homeless by a terror group, then bombarded mistakenly by their own military in the camp where they had found refuge.
the charity doctors without borders says the camp was home to some 20,000 displaced people in a volatile region in extremely difficult conditions. >> overwhelmed. more than 200 people are wounded. they are trying to stay blaze -- stabilize the patients that need the most care. reporter: state-owned television broadcast the response from geria's president. >> the president has deceived with deep sadness and regret -- reporter: he called the bombing a regrettable operational mistak it is believed t be the first time nigeria has admitted such a thing in a region where civilians have many times reported civilian casualties from bombings. calls on aid groups to assist in an independent investigation. in nigeria's capital, such an
brent: welcome back. you are with "dw news." out of stories -- barack obama has used his last press conference to remind me of their role in protecting american democracy. he urged them to hold political leaders to account with the rigorous and accurate reporting. obama also defended his decision to free intelligence leader chelsea manning. now wikileaks founder julian
assange is coming under pressure to make good on a pledge he made to face possible espionage charges if manning was released. senegal has the massed forces on the border with gambia and has reportedly given the gambian president until midnight to set them before it sends troops across the border. the nigerian air force has also deployed to senegal. he said he would not step down from despite losing the presidential election in december. tens of thousands of people have fledambia into senegal, fearing the decision could spark unrest. british and dutch travel agencies are scrambling to evacuate thousands of tourists after president jammeh declared a state of emergency on tuesday. business news. good numbers coming out for u.s. banks. reporter: exactly.
u.s. banking sector has posted solid earnings on hopes the new man in the white house will ease banking restrictions. goldman sachs was the latest to report profits of the $7 billion for the year. their business was powered by a bull market and the strong dollar. the bank is that you enjoy close relations with the incoming administration. on tuesday, dozens of protesters gathered outside the golden offices in new york to protest trump's nomination of several of the firm's employees to his administration. on this side of the atlantic, deutsche bank has reached a settlement with the u.s. justice department for misconduct that led to the financial crisis. the lender will have to pay $7.2 billion, the biggest fine ever imposed on banks involved so far. deutsche bank will pay $3 billion to the u.s. government and $4 billion in compensation for homeowners and communities hit by the subprime mortgage crisis.
even though the amount is high, it is still a big relief to the bank. here is why. reporter: before the real estate and financial crisis of 2008, american banks earned it with the subprime mortgage business. it was largely based on bad debt which should never had been issued. it was these transactions which made the real estate prices possible. deutsche bank took part. now the total cost of a settlement will be $7.2 billion. for germany's largest bank, it is a lot of money, but not as much as the $14 billion that were initially demanded. >> it is definitely reporter: "deutsche bank is not of the because the settlement is very high. other banks had to pay less." during the last 12 months, u.s. authorities have slapped a total of $20 billion in penalties on bank. the highest penalty went to deutsche bank, at $7.2 billion. in second place was
switzerland's credit suisse, at $5.3 billion, followed by american investment bank goldman sachs, at $4.9 billion. after the settlement with deutsche bank has one less problem to deal with. the $40 billion penalty originally planned would have made deutsche bank rely on government aid, which would have also caused the collapse in deutsche bank stock prices. >> tend to bring you up-to-date with the latest on the economic forum in davos, switzerland. helena humphrey is standing by for us. we know that the forum is about ideas, concepts, and in the end, economic growth. what are the proposals so far to make economic growth happened for the world? helena: it is day two of the economic forum. time to get down to some nitty-gritty and come up with solutions to global economic growth and how sluggish it has been at around 3% for the past
few years. imf chief christine lagarde says that further monetary policy was needed. that will be a bitter pill to swallow for ecb head mario draghi, who has used everything in his arsenal to boost weak inflation. she also said it was time for corporations to face up to their physical responsibilities. these are traditional ideas. then came the more utopian idea of the basic income for all that that idea failed in a referendum in switzerland, but interestingly, now that the world economic forum has pointed out that automation and the industrial revolution could have raised half of all current jobs, a lot of people seemed enthusiastic about the proposal here. >> speaking of economic growth, the united states is supposed to be one of the drivers, at least this year. today we heard some criticism from the nobel prize-winning economist joseph stiglitz on the possible economic policies of
the donald trump. helena: he was rather frank. he said that trumps economic policies were bound to fail. he says that trump clearly doesn't understand macroeconomics, if you think that harris on imports from mexico and china, including on the imports of german carmakers, would nudge economic growth upwards, he said that sadly won't work. he says that donald trump must be getting a trade war, despite the fact that advisor anthony scaramucci said the opposite yesterday. >> we heard the words of joe biden, still-vice president of the united states, making headlines again. what did he have to say? helena: he had comments on russia, yet comments on nato, saying there needed to be continued funds for nato and the alliance and that remains as important as ever, contradicting what trump said yesterday.
he had that classic joe biden empathy. he acknowledged that globalization has hit economies hard and people of the top continue to earn more whilst those in the middle class are holding on for dear life and, well, falling lower and lower. >> helena humphrey in davos bringing us the latest from the world economic forum. see you throughout the week. if you got freight transfer from china to europe, your first thought might be use a plane or a ship. there is another option now. take a look at this. this train just arrived in london originating in the city eastern china. it set off on january 1, carrying 44 containers operated by germany's deutsche bank. it is the first freight train ever to make the journey from china to the u.k. the operators is the true cost half as much as it would have cost by air.
the 12,000-kilometer route takes a little bit longer. that is often the business desk. we have more news for you. brent: thank you very much. germany's president is also bidding farewell this week. in his final address from he urged the country to fend off populism and play a bigger role on the international stage. germany's presidency is mainly ceremonial, but his remarks were a reminder of the powers that are challenging the nation and its democracy. >> what does the future look like for germany? the president addressed this topic at his official residence. it seems that five years in office have left in less optimistic than before. he said democracy must be able to defend itself in the age of terrorism, and he reiterated one of the central challenges of his term in office. "based on the challenges of our time, and on our possibilities,
we could and we should do much more for crisis prevention and diplomacy, for developmental cooperation and the united nations missions, and for an improved defensive capability within the western alliance." he praised germany's democratic system and citizens' voluntary engagement, but he also expects criticism. "on the other hand, in part of our society there exists a sense of entitlement that views the state as solely a service provider for which they, like consumers, expect hopes and wishes to be satisfied as quickly as possible." he also commented on the dangers posed by the right-wing alternative for germany without mentioning the mining. in light of these threats, he remained for mr. good "many fears are company us, too. we will not allow the trust in
ourselves and our democracy to be taken away." he received much applause for his critical and rousing speech. the moral authority leaves office on march 18. it was his final major speech as german president, and he wanted to make sure his words would resonate for a long time. a ski messages that he sees germany's democracy in danger and he is therefore worried. he also wanted to tell germans what he believes should be the recipe moving forward -- fighting against populism, having open discussions, and above all, not losing faith in democracy. brent: and here is a reminder of the top story we are following for you. barack obama has used his last press conference to remind the media of their role in protecting american democracy. he urged them to hold political readers to account with rigorous and accurate reporting. obama has also defended his decision to free intelligence leaker chelsea manning.
now wikileaks founder julian assange is coming under pressure to make good on a pledge that he made to face possible espionage charges in the u.s. in return for manning's release. after a short break, i will be back to take you through the day. tonight, and in-depth look at the world just two days before trump's inauguration, and was donald trump, president trump, deliver or destroy peace in the middle east? join me after the break. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org]
>> consequences and actions typically create reactions, and so you want to be intentional about it. you don't want to do things off-the-cuff, when it comes to issue this volatile. chris johnson. >> you've had a lot of achievements over the last eight years including don't ask don't tell repeal and [indiscernible] how do you think