tv News Al Jazeera July 8, 2015 1:00pm-1:31pm EDT
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it for us. i'm erika pitzi. the news continues next live from london. take care. ♪ >> trade something suspended on the new york stock exchange. it's a technical issue they say not a cyberattack. good to have you along. i'm david foster. also coming up. trouble for china's markets show their slump even further 37 bosnians remember as russia vetoes the resolution recognizing the massacre as genocide. and after months of conflict
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could yemen's warring side be close to agreeing to a cease-fire? uncertainty is a word that stock market hates the most. the group that manages the exchange said this is nothing to do with the cyber breach. and it says understandably they're working to fix the problem. the white sox say that monitoring what is going on and that the u.s. president barack obama has been briefed let's go to tom ackerman joining us live from washington, d.c. we'll get into why they believe this is just a technical issue in just a moment. what sort of problems appear to be happen at the stock exchange.
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>> well according to the director of the new york stock exchange they're advising investors not to panic. they're saying that the market when trading was suspended or when all the activity on the screens suddenly stopped there was about the market was 180 to 190 points down from the last trading session. there is no reason to believe there is a free fall or anything like that. but it may be noted that the nasdaq, the trading exchange prime ministerially dealing with technical high tech stocks, there have been no problem with that trading and it trading continues on the nasdaq. as for the internal technical issue that the stock exchange says is the cause of what's going on now they hasn't elaborated on that. they said that it is not the
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result of a cyber breach. at the same time, coincidentally or not and this of course is a big question, we've been reporting on united airlines, the largest american airline which had also a technical glitch and that all the land operations were suspended for a while. that was resolveed. at the same time coincidentally again or not the wall street journal's website was also closing saying that internal technical issues. what might be curious and that might be because of the curiosity at the white house and other national security locations is that just yesterday anonymous posted a tweet i'll quote it, i wonder if tomorrow
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is going to be bad for wall street. we can only hope. now again the authorities hearsay that this is not the result of cyber breach. but again that's something that is being investigated as well. and of course investors are curious to know exactly what is happening as well. >> so suspended training on the new york stock exchange. they say they're working on it. tom ackerman reports. it's not a cyber ago tea. how about china says it's doing everything it can to contain a potential crash of the stock market there. the bench mark shanghai closing down 6% over dramatic losses. japan stocks have their greatest fall in more than a year china's market has now lost a colossal
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$3.25 trillion. well the country has ordered the battle major shareholder selling off their stakes over the next six months. >> continuing four weeks while the markets in china close down again. the change high index closes down nearly 6%. this adds to the 30% that markets here in china have seen in the sell-off in the last several weeks. now something that we see continuing on wednesday. that is more companies are take thinking stocks off the market. they're not allowing them to be traded. the total number is 1400. a few more hundred were take over the market. the central government has reacted to what's been going on. they say that the trades openly
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on the market, and the they are continue to go trade on these markets. certain mechanisms have been put in place. these statements today the commitments today the market sell off is still continuing. >> scott haidler there. those economic worries will be high on the agenda in two summits that the chinese president is going to in russia. xi jinping has been in talks with his russian counterpart vladimir putin in the summit of the emerging countries. they assure that they will overcome any economic problems. >> russia uses it's veto at the united nations to block a draft resolution that would have labeled mass kill negotiation
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bosnia as jen size. majority voted in favor of u.k.'s proposal to condemn the massacre as genocide, but russia used its veto which is part of five permanent members. this is the 29th anniversary of the killings. here we see people in bosnia. the three day peace mark russia exercises it's veto. what reason did russia give for this? >> well, first of all russia has very close political and economic ties so there is that right off the top. there is very much an alliance between two.
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but russia came out and said essentially they felt that this resolution was unnecessary and it unnecessarily pointed too much blame in one direction. and while said that they have solidarity with the victims of this master, this resolution was not the proper time or place or the proper wording. let's listen to what the russian ambassador had to say. >> the draft summited by the united kingdom turned out to be politically motivate: it contained disfor tags distortions, and it can result in greater division in the bosnian society. >> now a diplomat who sponsored this draft resolution said that in his words it was not the
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resolution that caused the divisions. it was the russian veto. now from the u.s. ambassador samantha power. this issue was very personal for her. she was a journal young journalist at the time and witnessed it if. >> today's vote mattered. it mattered hugely to the families of the victims of the genocide. russia's veto is heartbreaking for those families. and it is a further stain on this council's record. >> given what has happened with russia's veto we'll see this surface again at the united nations security couple? and the reason they chose now was because it was the 20th anniversary.
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is that the end of it? >> it probably is. it's hard to say but most likely it is. they took up the issue 20 years ago, 20 years after the rwanda genocide, and there was no problem with the terminology of genocide then. but this is much different. it's been 20 years. they wanted to get it through on the 20th anniversary. the chances of this going forward again are pretty slim especially now with this russian veto. >> gabriel thank you. >> a sign of a truce between yemen and outy rebels they have told the u.n. that it agrees to a truce that could be implemented in the coming days. it is a deal based on the condition that houthi rebels withdraw from four province where is there has been intense
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fighting. they would power after a coup by the rebel group the houthis. the greek prime minister has been talking with members of u.n. parliament. they set a deadline at the end of this week for greece to come up with what is described as far reaching proposals. jonah hull has the latest. >> reporter: after the brinkmanship of refusal and referendum in greece, prime minister alexis tsipras made his case. today we come with a strong mandate from the greek people. and we're determined not to clash with europe but to tackle head on the establishment in our country and to change the mindsets which has taken us and the eurozone down.
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the grandstand something unlikely to impress. although greece has formerly asked for a new three-year financial bail out. >> until now i have avoided talking about deadlines but i have to say loud and clear that the final deadline ends this week. >> the view is that we're in in the final countdown. a long way from brussels are places like this, a charity clinic income central athens who serve those who really have nothing left. that may mean that life may get marginally better or much, much worse. >> situations often found in car war zones migrants and greece's own sick and poor. this man has not had a job for
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two years. no pension or medical insurance but he does have a medical condition. >> if i did not have this place then i would jump off the acropolis. >> but how does a charity survive when the givers are can no longer afford to give. they won't have money. they won't have food items to bring. >> a german doctor. >> whether a deal is struck it will defend on german leadership and german money. >> i'm sure that mrs. merkel and the german government know that
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the people are very bad. they know. they have visited the place here and they've seen pictures and i'm quite sure they'll try their best. >> but in brussels and berlin as in life there are few guarantee guarantees. jonah hull, al jazeera. athens.. >> we'll meet the earthquake survivors who call these tents their homes. and a year on since israel began it's bombardment of gaza, little signs of recovery.
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>> you're watching al jazeera. i'm david for foster. the new york stock exchange has been suspended for two hours now blaming technical difficulty. they said this is not a cyber breach. chinese stocks closing down 9.5%. the markets in china have now lost $3.25 trillion since the middle of june. russia assever which condemn the 1995 massacre
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. >> well pictures shown online show the aftermath of an it was attack in aleppo. activists of the accused government forces using chlorine gas. u.k. based syrian observatory for human rights say that more than 40 people have been killed since monday including 25 troops and pro government gunmen. aleppo has been divided between government and rebel control
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since mid 2012. the bombardment of gaza, more than 2,000 palestinians were killed during the israeli bombardment. more than 10,000 were wounded. the u.n. said 75% were civilians. israeli victims 66 soldiers, five civilians killed, and 470 soldiers and 260 civilians were injured. 18,000 homes in gaza were destroyed and many more damaged. it could lost cost $1 billion to be rebuilt but so far not a single home has been replaced. >> mohammed has not climbed these steps in nearly a year. they used to lead into once a large home he shared with his extended family. now all that is left is republic after an israeli tank shelled it. he lost more than his house.
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he also lost most of his family. >> these photos are all that he has left of his wife, three sons sons daughter-in-law and grandson who were all killed in the strike he has been able to barely make ends meet, and that hamas has not done enough to improve things. hamas and fattah are too busy busy fighting to help us. only god can help us. >> international donors including the united states and gulf countries have pledged boulevards of dollars to rebuild gaza. but israel's siege, which has lasted several years means badly needed construction materials like cement have not been allowed in despite offers by the united nations to oversee
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the process. 1% of contrition material needed has been delivered. the influx of goods is so slow that it could take up to 30 years to rebuild which is why 20,000 palestinians live in temporary shelters like these. most don't have electricity or running water and extended families often have to share just one room. as living conditions worsen many here are becoming increasingly angry. senior hamas spokesman said that he understands the frustration. >> we have to do everything to help people. they're the same. this is now the mission to work together and put all the differences behind their back.
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>> that is small comfort. at 80 years old he's the main guardian of four young grandsons after his parents were killed. now he finds it difficult to worry about their futures when their lives now are so hard. >> seenal monsoons in nepal have brought with them landslides in mountainous areas where people have been taking shelter in these makeshift camps. >> colorful tents dot the hills. every few days another tented camp pops up nearby. this man walked three days with his six children. >> there have been massive landslides.
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in our village rocks have started to fall. now it's no longer possible to go back to our village. >> some corrugated iron sheets are distributed but it's not enough to go around to all. most survive underneath these tarps. but some are not worried about that. >> they haven't been able to abandon their livestock. they're looking after their fields harvesting crops. some 50-06 twitch villages are up there. but many have moved on. how will they survive the rains and the landslides. >> more than 500 people have moved to this camp living on hand outs and more people reason on their way. in this district alone 2500 people need to be recycled. according to the government, 66,000 people from 18 districts have to be resettled. the district government has been told that they need to start the resettlement process by the 15th of july.
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>> our many challenge is lack of resources. we've estimateed the budget in the work plan. that would be $3,040 including food accommodation clothing, electricity, water and sanitation. we need around $500,000 for a total proposed population. the district government hopes that the budget needed will be handed over from the emergency fund and it's still not clear whether they'd these people will ever be able to return home or whether they ever will. al jazeera. >> it's been reported that boko haram has asked the nigerian government to swap detainees for the school girls that were kidnapped last year. the report comes the day after campaigners took to the streets
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calling for the release of those school girls. >> they are in the meeting with the parents of the missing chipok girls saying that everything will be done. >> these parents have lived for more than a year not knowing if they'll see their two daughters again. the sisters are among the 200 girls kidnapped by boko haram from their school in chibok last year. boko haram said that it forced some of the girls to convert to islam and marry fighters. the president met with some of the school girls' parents to show he's committed to bring them home. >> in this regime this boko haram will be put to an end sooner or later.
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>> since the girls of chibok were seized too many people were too afraid to stay in the town. some have moved to the outskirts of the capital. this man easiness was kidnapped and is still missing. he said the government must help to rebuild chibok. we need security and trust. the security of our lives have to be assured at home. >> in office less than two months president but harry has made it clear that stopping boko haram is the administration's top priority. his predecessor was criticized for failing to contain the armed group. he has already met with neighboring leaders. >> we want him to take action to
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end boko haram and let the people of nigeria to go back to their way of life. >> for parents and families members that can't happen until their girls come home. al jazeera. >> leaders from the americas are in canada for two days for the summit in the way that the climate has been changing. from toronto. >> this two-day meeting has been called by the governments of canada's largest province of ontario. they're bringing together other sub national governments they're calling it be big city mayors, al gore is here and others discussing how goals of government can help impact climate change. it's important to have these
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kinds of discussions. you've got people from across the americas and it's really embarrassing that canada's own national government isn't here to talk with others about how we can work together to stop dangerous climate change. it meanings investigating in the alternative. and it means actually taking the science seriously rather than gagging our national scientists. >> what we're going hear from these people is how canada's largest provinces are dealing with climate change. ontario and québec have joined california's carbon trading. and canada has announceed greenhouse gas mitigation for for 2030. they're going to be below the 2005 levels, that's dismissed by those who follow climate change. but that's where they'll bring
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in to the paris meeting coming up this year. >> suspects from western indonesia volcano spewing ash and smoke. it has been erupting since early june. more than 10,000 people so far have had to leave their homes. dormant over the last 400 years. let's go to live pictures from south america. here we are in ecuador with what is known as the pope's homecoming tour. the pope will move on to bolivia and 715 million people have seen the pope at the moment. he's there. believe me, bolivia the country
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is so high and they have oxygen--extra oxygen at the airport in case it's needed. the pope 78 years old. >> major computer problems taking united airlines and the new york stock exchange. grounding flights and stopping trading. and greece miss with its latest plans. and one year after the war in gaza, 100,000 people are still displaced. the slow process of rebuilding.
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