tv Ali Velshi on Target Al Jazeera July 5, 2015 3:30pm-4:01pm EDT
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so far. you can see that 61%, actually a little bit more than that, 61% vote now in the referendum and 39% voting yes. that's with around 60% of the vote counted so far. so this vote shows that the majority of greeks have votes decisively with the government and prime minister alexis tsipras rejecting the terms of the bailout deal on offer by europe. let's listen in to some supporters of no campaign in athens reacting to the preliminary results. >> translator: it's a great joy for the no campaign to win. we want no to prevail. it's not only hope for greece. whether there's 10,000 suicides and 3 million are below the poverty line, how can we expect just to win? >> translator: i want no to win in the end, but i hope there are no scuffles after the result so we can continue from that point on wards and have a clear view
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where the greek people want to go. taking you straight to greece now where the finance minister is speaking live in the greek capital. let's listen in. >> translator: so they had it was an ultimatum returned to those senltmentes. they know that the greek people gave it to us and we know that the greek people said despite the fear of closed banks and the
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mass media chromed by the with this. we will ask or partners to work with us. we will ask them individually to come and negotiate with us. consider that the imf published a couple days ago a report saying that the greek debt needs restructures. we will talk with the ecb that tried to wait a stance that shows our common agony to find a neutrally beneficial solution. we will ask the commission that
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we as the greek people want to play a positive role in healing the greek wound, which is a wound of europe as a whole. starting tomorrow europe, whose heart today beats in greece, will start healing it. today's no to the vision of the euro zone for its people, it's a yes to the vision of europe as a commonplace of welfare and prosperity. >> we've been listens to the greece finance minister speaking from athens and essentially confirming what we know. proclaiming this z a victory and saying they want to get back to the negotiating table and sit down with their european
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partners. the finance minister said that today's no is a big yes to democratic europe. we know that prime minister alexis tsipras said whatever way the vote goes this was a victory of democracy, and he says that they're going to try to sit down with their partners in europe to come to some common ground. but the question is, what is the reaction going to be in the rest of the euro zone to this result? let's go to jackie rollen in brussels. the result of this referendum has dealt a bit of a blow to greece's european creditors. >> reporter: it has remained the creditors were already shocked when the prime minister alexis tsipras announced the referendum at the end of june. that was the first shock for them. of course, this result, while not entirely unexpected, certainly does deal a blow. what we now seem to be
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struggling with the is the meaning of the word "no." we just heard the fin minister saying that no means yes to europe. whereas, the eu and eu leaders have said all along that a no in the referendum means no more negotiations and means no to the euro and possibly even no to the european union. we could be looking at very long-terms to the future of the european union as a whole. >> that's the fear right now, isn't it? as we're looking at this they're gathering in the capital of athens waving flags. there are people in that country fearful that this isn't going to bring any more stability to them. i guess the crucial question now is with the banks under a great deal of strain and with another payment due to the ecb, at what point do the europeans step in and say, okay, it didn't go our
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way, but we have to do something? >> of course, there are various scenarios because we're stepping into unchartered territory here. when the union was created, there was not a scenario put in place for leaving the euro. it was assumed that euro membership was a one-way street and apparently they believe if you leave the euro, you have to leaf the eu. we're looking at very, very large stakes here. the sniet mare scenario would be no new negotiations, no more european financial support to greece, which would mean that the banks would have no money and the greeks have to return to the drachma. we're looking at devaluation of the currency and followed by inflation and a lot more misery for the greek people and particularly as it was in the
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situation it would be the poor who would suffer the most. now, the other scenario is one that's already alluded to by a number of european officials including the presidents of the european parliament martin shunts who said that europe would not leave greece to its fate and hinting at the idea there could be more emergency eu loans, even if this situation at least to pay public servants in greece and keep vital services like transport, power and hospitals working. another possibility that has been alluded to i about the imf is this idea that greece's debt is ultimately unsustainable. certainly now that the crisis about the idea of writing off the greek debt. i think there are many in europe who now realize that this debt is not something that can ever be resolved, and the longer it's there and the most interest the greeks presumably are supposed
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to pay on the debt than ever worse will be the greek situation and the greeks will be ever in a deep economic crisis for which they could never emerge. so the idea of debt relief as well must surely be something which at one stage will be on the table. >> a lot of people concerned about that and say that's precisely the thing that needs to be tackled in future talks with the europeans in greece. jackie in brussels. thauch very much. joining me on skype now is the former greek prime minister. we heard from the finance minister calling on his partners in europe to join him to find some sort of common ground. it looks as though with these early results confirmed, what happens now? does it strengthen his position at the negotiating table and get more concessions from europe out of this? >> i'm afraid that tonight's
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result puts mr. tsipras in a difficult corner. he has his mandate. a very strong mandate. the problem is that people who voted no in athens voted thinking they were going to give him more negotiating power. unfortunately, that's not the way this no will be read in the rest of europe. mr. tsipras in the next few days is facing two very big problems. one is banks. cash runs out in the banks, and by mid-week the banks will be completely dry. except if the ecb wants to step in and add liquidity, which doesn't seem likely at the moem, them shut down. the state coughers are completely empty. the government cannot pay wages, salaries and pensions in july. there's a real push at least from the greek side to come to a deal. however, the bar is now much higher from mr. tsipras, and i'm not sure that the european side will follow suit. >> you have to admission in
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casting their vote in the referendum, the greeks have sent a very powerful message to europe. they said no to awe tear rit and reject your terms and conditions. does europe not need to react to this somehow? could we not see a softening of the european position? >> i certainly hope this is the case. i certainly hope that this message is taken abroad. i do worry, however, that this will vote will play into the hands of the hard liners in europe. the ones that would like to see greece exiting the euro and the ones that like a euro zone without greece because they think it's more manageable. so even though i, you know -- we're all hoping that this will the softening of terms, it's not emanating from capitals at the moment. >> martin schultz said that greece can't be abandoned to its
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fate. interesting comments from the german finance minister suggesting that perhaps there might be some room to maneuver on germany's part as well. >> well, obviously what we're looking at here is not some kind of humanitarian jes tu of europe. we're looking for a viable solution, which includes substantial new financing. that's the deal mr. tsipras needs to come back with. he said that unfortunately he can cut a deal in the next 48 hours. obviously, that's not going to happen. i do hope that what will prevail will keep the euro zone intact. i think it leaving the euro zone will be bad for greece and the rest of the zone. i don't think that tonight's vote is helpful in that direction.
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>> does tonight's vote not give the issue of longer term debt relief a tackle at the negotiating table? here you have people rejecting the terms of the bailout. noi that the imf has said greece's economy won't recover while servicing and sustaining the level of debt it has now, is this not something that needing to be tackled. >> the issue of debt relief gets a lot of traction throughout europe. most countries agree there can be and should be some debt relief. not so much in terms of nominal in the security of the interest rate. the problem is they were not willing to discuss the specifics of that before what they felt was a commitment by the greek government to have reforms and follow-through. that's where we are. i don't think that tonight's vote puts more credence on the
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needs for additional debt relief. i think that most xheeconomistsd policy makers agree that the relief needs to come for greece to be able to grow. >> thank you very much, former greek finance minister. you give your reaction to the early projections of this referendum, which suggests that the greeks have voted decisively rejecting the terms of the bailout that is currently on the table. around 60% saying no to the vote, saying no to further austerity measures that might come as part of any aid package from europe and just under 40% agreeing to go along with it. let's go to barnaby phillips in the greek capital for us. barnaby, we're looking at pictures of people out on the streets celebrating, waving flags. what are their hopes and expectations from this referendum?
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>> reporter: thousands of people have come out to the square quite spontaneously, and they tend to believe that alexis tsipras told them during the referendum campaign. that they voted no to austerity just as many did back in january when they elected this government. all a maul minority want greece to leave the euro zone. that's not how they understood the question. despite how it was framed by the yes campaign in greece and it has to be said by the vast majority of the european political establishment. why don't we ask someone in the crowd? her name is angela. we pulled her out of the crowd. she works for a car import business. angela, i know your salary has been cut 500 euros. why did you come tonight to join this crowd?
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>> i came here tonight to celebrate and to say thanks to all the people from europe, from every country that they support us. >> reporter: how difficult have the past five years been for for you in your family. >> it's very difficult because the salaries have very small, and we have to pay for everything and everything is very expensive. we don't have education or a health system. the health system is very expensive. you cannot go to the doctor. everything has collapsed for us. >> reporter: do you want greece to stay in the euro zone? >> yes, i want that. i want quality.
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>> angela, thank you very much. >> thank you. >> reporter: i think that its fairly indicative of how people are feeling out here in syntasya square. knowing greeks they'll be out here for several more hours waiting to here from alexis advertise practitsipra tsipras. you heard from the finance minister. he's saying that the greeks handed back an ultimatum to the europeans with this decisive notice vote, and they wanted to carry on negotiating with them. a most extraordinary evening in athens, but back to you in london. >> certainly is. thanks very much, barnaby. barnaby phillips live on the streets of athens. the first latin-american pope is making a return to south america. pope francis is on his way to ecuador and hundreds of thousands are expected to travel from around the continent to
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greet him. the head of the catholic church left rome for a week-long tour of three south american countries. in ecuador thousands have protested and called for the president to resign. after ecuador the pontiff will travel to bolivia and pair paraguay. sec abuse scandals make it hard for some to believe in his leerpdship and the church. >> reporter: it looks innocent enough, but everyone knows that inside this church in santiago perverse things happened. and they are told in detail in the forest of galadima, a film based on a pedophile priest. the oftening shocking film has been this year' top box office hit in chile.
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a once staunchly catholic country where these days the pews are more empty than full at friday noon mass. >> translator: the church needs to recover its credibility. people have been left with the image of what had happened inside the church. we can't deny it. that is something pope francis is trying to rectify by declaring a zero tolerance policy towards sexual abuse. dr. james hamilton was one of the the father's victims, the church's punishment of pedophiles is an insult. >> there's nobody in prison. they're just placed there. it's like for them like they have their nuns that serve them, you know. >> reporter: pope pran francis has been widing praised for his social agenda. his attempts to end corruption in the vatican. and his more open-minded
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attitude towards homosexuality, though not same-sex marriage. many want him to go further, but others within the church hierarchy believe he's going too far. >> translator: it's medieval basing three or four centuries. he wants to change that to the extent that christians say yes, he's right opposition will diminish, but obviously he has opposition. >> it's a tug-of-war between defending dogma and pressures to be in step with modern times. the stunning colonial center and it's centuries old churches are a testament to catholicism position to conquer souls in the new world, and pope francis is coming to his home con nent to try and win them back with his reformist vision. al jazeera, ecuador.
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just to confirm the pope has now landed in ecuador as he makes a return to south america. he's going to be greeting people from really across the contin t continent. a lot of people are excited about the tri. supporters of fighters in yemen have been rallying in protest of the united nations pressure on the shia group. thousands turned out on the streets of sanaa on the day they arrived at the country's capital. protesters say that the u.n. is talking to one stied in the crisis and putting greater pressure on the huouthis. hillary clinton accused clines of hacking and saling u.s. government information. she would like to see china rice peacefully but warned washington needs to be vigilant. >> they're trying to hack into everything that doesn't move in america, stealing commercial secrets, blueprints from defense contractors. stealing huge amounts of government information all
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looking for an advantage. make no mistake. they know they're in a competition. they're going to do everything they can to win it. in japan the fortress island near nagasaki was awarded world heritage statute tus after japan and south korea resolved the dispute over whether to acknowledge the site of forced labor. the announcement was made earlier. >> the families are prepared to take measures and yet allow an understanding that there were a large number of the koreans and others who were brought against their will and forced to work in harsh conditions in the 1940s. that was at some of the sites. that during world war ii the government of japan also implemented the policy of recognition. >> other sites include singapore's botanical gardens and france's champagne region.
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they've been recognized by unesco. erica wood has more. >> green mountains dotted with old fortresses and palaces. more than 500 years ago old, they've been recognized as culturally and historically significant by the u.n.'s heritage body. the region of south korea has been given unesco status. old city walls and administrative buildings from one of the earliest kingdoms. >> translator: they established ties with china and japan and even with countries in east asia across the sea. they enjoyed the noes glamorous and superior culture, and now it can be shared with the world and be recognized internationally. >> reporter: singapore's botanical gardens were given unesco status. >> it's a special place. you have to come and visit. >> reporter: in europe the vineyards of champagne and burgundy were recognized as
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important cultural sites producing some of the most famous and drinkable exports from france. achieving unesco world heritage status isn't just for global recognition and will give better protection to important landmarks. recently the world body's ability to do that has been questioned. isil fighters recently seized palmyra in syria and started a crude campaign of destruction blowing up monuments more than 2,000 years old. around 50 other unesco sites are designated add endangered including the old city in the capital in yemen bombed by a saudi-led coalition. the home of the rare mountain gorilla burunga national park is listed as endangered because of poaching and other environmental pressures. getting recognized by the u.n. body brings with it more
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tourism, which is criticized as, detrimental to some sites' survival. they argue by honoring the greatest monuments on the planet helps to encourage peace and cultural understanding. erica wood, al jazeera. more on our top story. the referendum in greece. early projections show that 61%, more than a little more than over 50% have voted no to reject the terms and conditions of the bailout deal on the table. nearly 40%, just under 40% voting yes. so greeks decisively voting with the government and prime minister tsipras in rejecting the deal on the table at the moment. i'm joined by tom who is a fellow of the financial markets group and the london school of economics. some reaction coming in from the german economy minister made some interesting comments say it was hard to imagine talks on any bailout program with greece after the country has clearly rejected bailout terms. even if chancellor merkel wants
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to sit down with mr. tsipras and find common ground, she could have a battle on her hands at home. >> you know, it came up over the last couple of days if not weeks where the finance minister took a hard line. he's very much a rules based person in terms of his character. believes in rules, and is a very experienced politician. he negotiated german unification with russia. he knows, you know, how to deal with big questions. >> so this is a negotiating tactic? these are comments coming from the economy minister, so this is no way of saying don't expect too much from us? >> in a way, yeah. i think any solution will come from merkel. merkel is actually on the softer side. she understands there's more at stake, more about europe. in fact, in this meeting with them, the ecb and german chancellor wasn't there or wasn't even invited. she knows that there are other
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things that are at stake. she will play it accordingly. >> there is a chance -- sense merkel and hollande have lost their patience with greece a bit. >> i agree. i i think they don't trust them anymore, they being merkel and hollande and any mrit dal solution will probably come after the banks shut for good. >> when the banks shut for good. so ecb not likely to step in to prop up greek banks in the next few days? >> very unlikely. they will probably do nothing until there's no more money in the bank machine. then we start negotiating. >> and that is in order to perhaps prompt some sort of backlash by the greek people towards the government? >> correct. >> what would be the purpose of that? >> obviously, there are many
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different dimensions in place it's on the spectrum and what's happening in spain and it's probably why they take a very hard line here. then the other thing is how should it happen in two days if it hasn't happened in months. so i feel we have a long way to go. >> tom, thank you very much. well, just a recap of the early projections coming in from the greek referendum so far. 60% over that voting with the government voting with prime minister alexis tsipras specially rejecting the terms of the bailout deal currently on the table. prime minister tsipras has portrayed this as a victory for his party. there you can see 40% voting in favor the deal. you have really very interesting result here. you have celebration in greece
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i've said from the moment i became involved in this, we want to good agreement, only a good >> with more than 60% of the votes counted, results show a decisive rejection of the bailout deal from international lenders. this is al jazeera live from london. we are continuing coverage of the greek referendum as results continue to come in. also coming up. >> we are not yet where we need to be on several of the most difficult issues. >> the u.s. secretary of state says they've never been closer to sealing a deal on iran's nuclear program. >> living in fear,
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