a threat. so it is always a straight because moody s is the last rating agency to keep us above junk status but they ve been very accommodating of late they ve also highlighted that they ll keep a close watch on that medium term budget policy statement next month but they ve also said that they re going to give us a little bit of time about 12 to 18 months to see how the government implements economic policy before making a ratings decision. from johannesburg thank you very much. zimbabwe is said to import around 100000 tons of corn from tanzania as the 2 countries finalize a deal to bring the badly needed food aid to zimbabwe it is seen repeated demonstrations like these and risen month as the country s leaders struggled to deal with the worst drought in decades the lack of rain has cut coal production by half forcing the government to look abroad to feed the population official
with us so i felt that we will settle the challenge and continuously serve our costs or are well. everyone that. has discovered serious problems and it s anti money laundering and sanctions controls the failings have allowed checks and payments to be processed without screening internal auditors last year alone scores of checks were affected and the bank does not know how many slipped through undetected in the years before the banks were dealing with failing failings in its controls over high value payments that were 1st identified back in 2014 and have still not been solved. and that s not the only piece of bad news germany s biggest lender on friday fitch ratings credit rating to triple b. that s just 2 notches above junk status and represents a heavy reputational blow for the former pride and joy of germany s financial
for a quiet long time now that russia has been violating this treaty and that this treaty is the one sided constraints on the u.s. ability to come to her child that was not a signatory of this treaty. alexandra phenomena in washington you re watching d.w. news still to come italy is banks are in trouble again while rome and the e.u. are at loggerheads over government spending now moody s has downgraded the country s credit rating to one notch above junk status for later with care. of first a quick check of some other stories making news around the world u.s. president donald trump says that full efforts are being made to stop the progress of thousands of one door and migrants making their way to the u.s. border he says that they have to apply for asylum in mexico and if they don t the u.s. will turn them away the group crossed into mexico from guatemala over the weekend.
waste. pollution c. isn t it time for good news eco and africa people and projects that are changing our environment for the better it s up to us to make a difference let s inspire others. to be committed to the environment magazine. long d.w. . just one notice above junk status that s not a nice place to be a credit ratings downgrade for italy but why aren t the markets wired. a new study shows developing countries a woefully underinsured for natural disasters. and gibraltar s border with spain a walk in the park. for workers things could get tricky post breaks it. i mean
downgrade the contrary and it is this close to junk status but it s going to stay there it looks like because the rating agency also puts outlook to stable not negative stable so we re not going to see junk status any time soon and the agency is also fairly positive about the deficit plan it sees a deficit of minus two point five percent. for the country for the next three years that s less worrying than other analysis that we ve seen in the past their reaction this morning was gloria s or their both some a lot of the stock exchange that was up quite high also government bonds. rose and even the banks so what helped that was political comments from both rome and the unit that seemed to be more toned down than the rhetoric that we ve seen over the past weeks the excitement has waned of