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tv   NEWS LIVE - 30  Al Jazeera  October 30, 2018 1:00am-1:33am +03

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has vowed to appoint former members of the military in cabinet and that he would run the country with an iron fist analysts believe his election would present a challenge do the brazilian situations hard look the part of the front themselves against a child in the democratic way of doing things and what we've seen i think from the . electoral college and some of the other instances makes me worry that perhaps not for so not who will take office in january he says job will be to fulfill his promise to kickstart brazil's economy and the crime wave that has already left thousands of people dead. but i suppose joins me now from rio de janeiro it seems another let's call a colorful character to join other leaders that have been elected in the past few years it could be termed you know right far right populist also different words but certainly a lot of similar scenes and you can see this by the list of foreign trips the boss
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and i was chosen to take as his first ones run us through them in the u.s. chile and israel why those three. well bolted out of had already said that he's priority was going to be to work in the relationship with the united states and with israel he also had said that he was going to for follow donald trump's steps and this is a big change for brazil because what doing the workers' party's government result got much closer to other countries not only in the region in latin america in general but also to china to africa and other countries in the world this is a big change for brazil and it shows us a little bit about what to bolster not us pouring out policy strategies going to be closer to the united states closer to its well. being much tougher or more aggressive with china something that he will have to think a lot about because there's a big big trade business with china at this point also reefing for example regional
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trade blocks like a medical school about something important he says and most some analysts here are saying that what's important and the victor is that it's going back in time in a way to the times of the dictatorship when brazil was much closer to the united states and to the rest of the world it was interesting hearing some of the supporters in your report there i mean in a way they were they weren't talking about international affairs they were saying a lot of the things we year after a lot of elections with similar results and it's about the economy and them feeling that he's on the side of poor people whatever reason his economic plans what is he planning i guess to help the people who are poor in brazil that voted for him. well wolf and i know has already said it valid to he is going to liberalise
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brazil's economy privatized state companies reduce the deficit he has named an economist from the university of chicago a liberal who. is basically his chief financial advisor through valdez. campaign and it probably is going to be his minister of economy has also said that he's going to maintain some social programs implemented here during the administration of former president. that helps many of the poor people in this country that's a major concern the economy in this country also a crime wave f.i.f.a. said to in the report those are the main issues that in a way got most when i go to power. so to come in this half hour jewish leaders in pittsburgh tell president trump that he isn't welcome there after the synagogue shooting unless he stops targeting minorities. and he's back to hinder russia praxair return says sri lanka's prime minister but the man he's replacing is still refusing to go.
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the weather doesn't look too bad for china over the next couple of days i'm a little more concerned for the philippines there you can see typhoon you two making its way towards lose all much of news on we'll see those damaging winds and the rain increasing as we go on through the next twenty four to forty eight hours there we go for tuesday some very strong winds coming through then gusts in excess of a hundred fifty kilometers per hour very very heavy rain could see as much as three hundred fifty millimeters of rain also over the next day or two rain still in place as we go on into wednesday the wetter weather then punching its way out into the south china sea and eventually just easing its way up towards the east of hong kong so that eastern side of china will see some rain as we make our way through this
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week eastern parts of india also seeing some very heavy rain at the moment see this law in those showers just along the coast nudging a little further west was choose days pichot go on. into wednesday you see that what's the weather just pushing its way in so out of addressing some cloud and rain the heaviest rain i suspect will be further south into tumble not to comment on the chance of what is she showers into care one of the sri lanka also seeing some lively downpours further north as generally try across much south asia. on counting the cost the killing of. focus the spotlight on saudi arabia now my child is the kingdom really wield of the global economy we'll look at. plus the dynamic between the world of tech investments and the cash. found in the costs.
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i'm. somebody like. welcome back here's a reminder of the top stories on al-jazeera sources have told al-jazeera the turkish prosecutor's office was unsatisfied after talks with saudi arabia's chief prosecutor over the murder of journalist among the. nine people have been wounded after a woman blew herself up in central tunis with the country's interior ministry describing it as a terrorist explosion and the hundred and eighty nine people are feared dead after officials confirm they don't expect to find any survivors from
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a plane that crashed off the coast of indonesia. the man accused of killing eleven people in a shooting at a pittsburgh synagogue has arrived at court have to be released from hospital forty six year old robert bowers was shot and wounded in a gun battle with police on saturday he's now being turned over to federal authorities members of the jewish community have written an open letter to u.s. president donald trump saying he's not welcome in pittsburgh unless he fully been ounces white nationalism well and gallagher joins us live now from pittsburgh and the first of all tell us more about the suspect the peering in court. you know robert byrd was brought to court very early this morning he's not sure not actually due to appear before judges and until another hour he hasn't been seen but what people have seen is a federal van with a wheelchair inside because robert bowers was injured in those in that fire battle between him and the police he got out of surgery this morning one of the senior
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members of the tree of life synagogue where eleven people were killed on saturday morning so he actually went to the hospital he wanted to see the man for himself at that point reportedly he was still screaming anti semitic remarks but that person from the synagogue says the first three people that treated him at hospital were in fact jewish bowers of course faces twenty nine charges eleven of murder there are also thirteen charges relating to hate crimes investigators moving very quickly in this case the synagogue itself or remain closed and sealed off for at least another week as forensic investigators go through the three stories of that synagogue they say there were shell casings all over the place the first funeral of those eleven victims are two brothers they will be buried on tuesday but pittsburgh really is a city that is coming together as much as it possibly can out one fund raising effort from a local muslim group has raised one hundred twenty thousand dollars already people in the muslim community saying this could have easily been one of their own houses
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of worship where this did happen but overwhelmingly the people of pittsburgh are pulling together the sign hate has no home here is going up all across the city including at the pittsburgh steelers match last night which is just off to my right they have replaced their official insignia with that insignia of hate has no home here in pittsburgh sunday the city certainly pulling together in all its different communities but not necessarily reaching out to the president quite the opposite the jewish community there writing an open letter to the president saying he's not welcome unless he fully denounces white nationalism when it's unprecedented isn't it. it is but perhaps not surprising you were a member the president made comments fairly shortly after the shooting happened at a future farmers meeting he said that we have to denounce anti semitism but he also said i think this is the thing that's upsetting people in pittsburgh that if there had been an armed guard in that synagogue on saturday morning things would have turned out very differently now it's important to note that the synagogue and
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actually gone through active shooter drills as many of them have across the country that's why those calls came in so quickly because the congregants had cell phones with them as been told to do by security experts but the fact that the president is saying an armed guard would have made the event here turn out differently is highly offensive to many people here they don't want to see armed guards in their houses of worship they don't want to have to go through that kind of process many in the jewish community are for gun control and this open letter to the president is really voicing those concerns from a demographic that does tend to vote democratic so a clear message to president trump you have to denounce white supremacies many people seeing the coded language of the president as being something that added to this problem and this horrible hate crime here on saturday morning and gallagher with the latest there from pittsburgh and the thinking. sri lanka's new prime minister has officially started work after his sudden appointment triggered a political crisis former president mahinda rajapaksa is replacing run me over
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because i'm a singer who's that refusing to leave the official residence he says he still has a majority support but is unable to prove it as the current president a matter of policy he said that suspended parliament meanwhile the ousted oil minister as you had has been released on bail over a shooting on sunday by his bodyguard which killed one person may now for none this has this update from colombo. the sacked prime minister ran a vicar missing heard responding to the address to the nation by present my policy to say yesterday basically coming out very defensive be spending what his government had done since it came to power a coalition government essentially listing out the achievements particularly on the human rights front media freedoms bringing in basically new norms witness protection the right to information bill amending the constitution to curb the
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powers of the executive presidency listing out all those sort of badges of honor or he's achievement at the same time expressing regret about the sort of allegations made by presidents in the same saying that he was telling stories that even a child wouldn't believe so things becoming quite personal now if you listen to the tone of the allegations and counter allegations that are being treated as part of this political crisis here in sri lanka and all the meantime the citizenry of this country is watching almost bemused wondering what the future holds for them. it's the beginning of the end for one of europe's most influential leaders the german chancellor angela merkel has announced that she will leave politics at the end of her term in office in twenty twenty one she's also standing down as the chair of her center right party with a new leader due to be elected in the sense needs parker reports. german
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chancellor. christie and democratic party the c.d.u. but it's time to begin a new chapter this would be her last term in office she also said she would quit as party leader by the end of the year. i will not put myself forward again as candidate for the c.d.u. chair secondly this is my last as german chancellor at the federal election in twenty twenty one i will not stand. a candidate i know is a candidate for the. and for the sake of protocol i won't seek any further political offices. angela merkel's been chancellor for thirteen years she wants to remain in office until the next shed childer lections in twenty twenty one. stepping down as leader of her party a position she's held for nearly two decades is expected to spark a race to find a replacement allowing a new figure to build a profile ahead of the next election the announcement came after merkel's party
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experience big losses in a regional election in the western state of s. the party came first but with an eleven percent drop in support it was the second electoral setback in as many weeks of merkel's conservative alliance her judea coalition partners the social democrat party has threatened to end their partnership if there is no political improvement the poor results have sparked an energetic debate about who will succeed merkel and when her party has tolerated her because she was able to negotiate coalitions where they would be the strongest. that's been less the last elections the social democrats would only join the government if they got the post of foreign minister and finance minister and many in the party say well you sold with too cheaply political uncertainty in germany is also a worry for the european union at a time when the blocks dealing with the rising populism the budget crisis in italy and brics it. she has been a stable force in europe for more than
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a decade thorazine at home has steadily eroded. persons' finance minister says he could fundamentally change the country's economic plans if negotiations to leave the european union fail philip hammond is delivering the u.k.'s annual budget in london so today it was falling all the developments and joins us live now from westminster so what did the chancellor highlight in his speech. well obviously given all the uncertainty that is surrounding the country given the imminent threats that the exit from the european union and by the u.k. he was quite keen to underline the positive in all this for example how that has been growth maybe sort of steady year than what people might care for but still some elements of growth there and also he was also keen to highlight as well the
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the reduction in the debt to g.d.p. ratio as well something which has been a core part in tackling for the the conservative government here for the best part of this decade as well so with all that in mind he did also underline that this would enable him to create a more stable financing situation for the health service for example something which the which has been a cause for concern and in it he outlined a ten year plan with that would take place as well as some other infrastructure plans so all about highlighting what he calls the positive but of course all about goes out of the window should there be a no deal breck's it situation that would take place later in the air and sun here of course all of this kind of goes out the window if there is no deal a breakfast that struck me how much insecurity is this particular issue causing are some people just not taking this budget seriously. well the
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thing is barbara's also that there is not. much money yet really to play around with for the finance minister to be able to push for and all of that as well of course there is still this element of caution exactly what would happen if there is that situation although he did take pains to point out that he is setting out more money some eight hundred million dollars for government departments to be able to deal with bricks it in the relative changes that could happen there as well but of course this no deal breck's it would definitely hit that in the worst way possible and don't forget robber as well that before the brics that referendum the u.k. was one of the strongest performers of the g. seven nations and now two years down the line following all about uncertainty you're looking at a country which is really one of the weaker performers in the g seven so go with the latest there from westminster sonia thank you. and remember you can find out
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more on everything that we have been covering on our website you can see the in that section of the website dedicated to the murder of jamal has showed you of course a saudi journalist who disappeared at the saudi consulate on october the second so more of that of course everything else we have been covering as well lots of blogs and reporter stories from our crews around the world. and now a reminder of the top stories on al-jazeera sources have told al-jazeera the turkish prosecutor's office was unsatisfied after talks with saudi officials to discuss the murder of the journalist. saudi arabia's chief prosecutor met turkish investigators earlier as both countries try to retain control of the investigation saudi officials have reportedly requested that all evidence statements and footage be
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headed over to them but turkey has repeated its requests for ria to extradite eighteen suspects in the case nine people many of them police officers have been wounded after a woman blew herself up in central tunis tunisia isn't theory ministry has described the incident as a terrorist explosion the country has been under a state of emergency since two thousand and fifteen when dozens of people were killed in a series of attacks claimed by eisel. officials leading the search and rescue operation of the plane that crashed off the coast of indonesia say they're not expecting to find survivors one hundred eighty nine people were aboard the lyon airplane which lost contact with air traffic controllers minutes after it took off from jakarta the plane was headed to the western city of punk when it plunged into the java sea. i mean. we have down plates from the plane and also parts of bodies which have been handed over to the medical team we will
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keep searching for the main section of the plane the far right politician is yivo so narrow has promised to take brazil in a radically new direction after a sweeping victory in a bitterly fought presidential runoff vote the former army captain tapped into voter anger over corruption crime and economic problems however critics are fearing the future following comments that he's made on race women and homosexuality. the man accused of killing eleven people in a shooting at a pittsburgh synagogue has arrived in court after being released from hospital forty six year old robert bowers was shot and wounded in a gun battle with police following saturday's attack them because of the jewish community have written an open letter to the u.s. president saying he's not welcome in pittsburgh unless he fully denounces white nationalism those are the top stories my colleagues in the hall will have more news for you in half an hour i'll see you in one thousand g.m.t. and coming up next it's counting the cost thanks for watching
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a bike. hello i'm sami's a than this is counting the cost on al-jazeera your weekly look at the world of business in economics this week the killing of a saudi journalist sparks talk of sanctions against saudi arabia will be looking at how much power the kingdom really wields over the global economy. well look at the oil game saudi arabia broke a turbo that's been in place since the one nine hundred seventy s. find out why using oil as
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a weapon may not be in saudis best interests these days. plus why saudi arabia may need places to invest more than the investment world needs the cash. up until journalists. at the hands of saudi officials on october the second the saudis were on a charm offensive brand new mega-cities investing in the newest and coolest tech startups letting women drive the world's biggest oil exporter was doing everything it could to convince the world it was serious about change and investor confidence was growing this plan for the future was the brainchild of crown prince mohammed bin sound man who was founded as a reformer but then journalist. was killed now saudi arabia and its crown prince are facing international scrutiny at an investment conference this week the crown prince rejected any idea his economic conditions would be curtailed.
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although i believe the new europe is the middle east. i don't want to leave this life before seeing the middle east at the forefront of the world and it will happen one hundred percent. but as things stand saudi arabia is not europe its greatest strength is also its greatest weakness oil saudi arabia is the world's largest exporter of petroleum but there's a huge lack of economic diversity oil sales still generate the bulk of government revenues the public sector is the predominant employer with fifty one percent of the population under the age of twenty five job creation is an urgent concern the oil production itself is controlled by state owned saudi aramco reportedly the most profitable company in the world but nobody really knows because despite plans to sell off some of it on public markets the books remain a secret in two thousand and seventeen saudi arabia produced twelve million barrels
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of oil per day so let's say the kingdom withholds a few million barrels prices would go up but that would hurt the global economy which wants to move away from fossil fuels its biggest customers would look elsewhere for long term supply and it would all end up being an own goal you certainly don't want to destroy your only income before you plan to diversify your economy initially in the wake of the crisis the country had issued a veiled threat that it could use oil to retaliate against any sanctions but then the saudi oil minister stepped in to soothe investors. if there are. any disruptions which you know from from supplies of especially with date on sanctions grooming then we will continue with the mindset we have now which is meet any demand that materializes and ensure ensure that customers are satisfied
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well joining me now from washington d.c. is chris garcia chris is a former deputy director of the u.s. department of commerce and c.e.o. of vic a financial good to have you with us so as we all know saudi arabia is the biggest exporter of oil in the world but in general economic terms how important is the saudi economy to the world sure you know it well it's actually quite important certainly particularly in the short run and this is why when we look at some of the potential retaliation tactics that the saudis have threatened we have to take them seriously the saudis have significant assets they hold probably the third most natural resources with about thirty five trillion dollars worth of natural resources within their territory and if the saudis do make good on this retaliation threat potentially raising prices by cutting output of oil production raising all prices up to four hundred dollars per barrel from eighty dollars per barrel which
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is about more than double just about the all time high of two thousand and eight all time high of one hundred fifty dollars per barrel that would have significant reverberations throughout the global economy but chris this is the era of fracking it's the air ovaltine it's of energy sources is saudi oil still as important today as it was juror in the one nine hundred seventy three old prices for example. well certainly it is important we can't underestimate how important it is that one of the largest or lek spores in the world. you know can have significant influence over the price of oil they've used this in the past as a threat both frankly as a as a carrot as well as well as a stick when we have implored them to try to reduce. the price of oil they've they've increased output u.s. shale exports and the shale industry has taken off we have seen
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a boom here in the u.s. and we're now on pace to beat saudi arabia and surpass saudi arabia by city bank's estimates next year as an overall leader in both crude and overall oil product exports but however in the short run that's what we have to be most worried about it's the short run repercussions of the saudis cutting output that would send shock waves throughout the global economy but i would say that that that's leverage it would diminish in the long run unless they diversify as the world continues to diversify itself from its energy resources many analysts say all prices can be a double edged sword can riyadh afford to use oil as a weapon. well yes and no i think that the much like president trumps tariffs actually there is a short term you know short term pain and but there's also you know long term gain
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and you know countries will diversify themselves as necessary for example if we were to let's say somehow force there or disrupt the u.s. saudi relationship that we've had for such a long time and let's say this arms deal of one hundred ten billion dollars were to fall through it's very likely that saudi arabia would would try to look for different sources different suppliers for for arms and that would be of course russia or china and so i think there's much too much to lose from any type of disruption with the u.s. saudi relationship not of course not only of course some of the regional stability that we enjoy by having an ally like saudi arabia to help for against terrorist financing and and support and state support i should say for terrorist organizations but also it's the economic repercussions as well not just of the oil
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threat threats to cut output an increase in oil prices and that would in turn have the effect on transport of goods that are used of course use oil products as as a means of of energy but it's also just the overall economic impact that we've seen come out of the trunk of ministrations visit as its first international visit saudi arabia all right thanks so much fair analysis of that still to come on counting the cost the ils all know deals a gathering took place this week to showcase saudi economic reforms we'll take a look at how successful it was off to a number of high profile names boycotted the event. but first from riyadh to san francisco all money from saudi arabia is being channeled into u.s. space tech startups this way of financing is known as venture capital from saudi's point of view these kinds of investments can hedge against a potential decline in the demand for oil in the future that's because the start
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ups are tipped as having long term growth potential saudi sovereign wealth fund is called the public investment fund it traditionally had a strategy of low risk investments but everything changed in two thousand and sixteen that's when the kingdom sovereign wealth fund invested three point five billion dollars in it was the single largest investment ever made in a privately held company at the time controversially though a ban on women driving was still in place since then the kingdom became the largest investor in the ninety three billion dollars soft bank vision fund which is the biggest fund ever raised in silicon valley led by my so your shoes son japan based soft bank has changed the landscape of venture capital according to some reports rival venture capital firms warry soft bank could be pushing up valuations and pushing them out of the market but says her show g.'s killing questions about
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morals and ethics are being raised saudi money could be viewed as a liability by startups and their customers rob reynolds has more on the relationship between rich members of the royal family and silicon valley in california. in the aftermath of the killing of jamal khashoggi at the hands of saudi government agents tech companies and their executives are distancing themselves from saudi investment but how each one of them makes that decision on their own i think is probably driven very much by their own moral conscience but also their understanding that other people are looking at them in their formal leadership positions for cues about what to do right now several tech leaders have already bailed out of crown prince mohammed bin some ons investment conference including google cloud c.e.o. diane green a.o.l. founder steve case and guber c.e.o. darren shockey who said he was very troubled by reports of cars show g.'s death
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because from a shot he's public comments were seen as significant because the saudi wealth fund holds a three and a half billion dollars stake in the right ailing app saudi arabia has also invested heavily in tesla motors door dash the work space company we work and others much of the saudi money is funneled through the japanese bank soft bank the world's largest investment fund so far saudi arabia has put forty five billion dollars into soft bank so-called vision fund and the crown prince says he'd like to double that amount as tech companies recoil from the saudis on ethical grounds it will be difficult if not financially impossible to unravel their saudi tie as a complex tangle of contract stock preferences and legal obligations tidy companies hands in such matters in some ways this case is providing an opportunity for
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companies to really provide some ethical and moral leadership maybe at a time when they're not seeing or experiencing what they'd like to see from leadership in other sectors silicon valley corporations face a dilemma choosing between an ethical response to a shocking crime and the abundant funding that makes the tech industry flourish. well joining me now from singapore is i mean day i mean it is a jap hand stock market strategist with singapore based isometric advisors good to have you with us so how much damage has the whole affair done to the attractiveness of saudi money in the tech world right now or is difficult for the moment but i mean like.

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