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tv   NEWS LIVE - 30  Al Jazeera  December 22, 2018 7:00am-7:34am +03

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i'm told the first advance team could be there in her data in a matter of hours they will then decide how many monitors there should be i'm told mission we were talking about thirty but they could go up to a figure of one hundred sixty seven the other thing the security council hopes this will do is bring momentum to the peace process with more talks to you in january the u.k. ambassador was the one who drafted this resolution and the most important matter now is that we turn to urgent implementation it's vital that the parties finally thier neck commitments to pave the way for a formal mean launch of negotiations and at the same time mr president delivering real improvements on the ground that make a tangible difference to ordinary yemenis there were some tough negotiations to get this passed including an unseemly ryle between two allies the u.k. and the u.s. i'm told it even went to the office of the foreign secretary and the secretary of
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state one of the things that's come out of the original draft resolution drawn up by the u.k. is the provision of accountability for crimes under international humanitarian law that something that would have targeted the saudi led coalition it seems the u.s. has been doing the coalition's bidding and got that section removed. without a life from london still had fully. violence between police and protesters as the spanish national cabinet meets in a cash plan regional capital. and thailand's minute free will is defend the economy as a new report names the country as the wells was asked for any quantity. hello
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again it's good to have you back well here cross southern parts of queensland we saw some thunderstorms again for another day bringing down power lines as well as people losing their power across the region things are looking a little bit better here across brisbane temperatures are still quite warm we have been looking at a heat wave across the area thirty four degrees is our expected high here on saturday the good news is as we go towards sunday temperatures begin to come down twenty seven degrees there down towards melbourne it is going to be a partly cloudy day at twenty three but very warm over here towards the southwest where perth we do expect to see some showers in your forecast with the temps are there about twenty six degrees well across the north and south island we have seen some stormy weather dave's a clouds pushing through right now but pushing through quite quickly as we go towards saturday improving conditions up here towards the north island maybe auckland will see a random shower or two with the storms passing by to the north down towards christ church it is going to be messy and we do expect to see some more wet messy weather as we go towards sunday well as make our way up here towards north asia we are
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seeing some very very cold conditions particularly here towards mongolia well up atar minus twenty two is going to be a high it is going to get a little bit warmer by the time we get to sunday and over here towards tokyo a rainy day if you with a temperature of twelve degrees. on counting the cost two thousand and eight the year the u.s. trying to play trade tariffs coca gregg's could use to everyone quit opec will review the year that was new dynamics to shaping the global economy. counting the cost of.
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a quick reminder of the top stories now the u.s. marks a major shift in foreign policy after president trump announced to withdraw its troops from syria and the military presence in afghanistan on a list as the u.s. government looks to be heading towards a shutdown as the senate debates a finance bill which includes more than five billion dollars for war along the border with mexico. and the u.n. security council has unanimously voted to send observers to yemen to monitor a fragile truce between the saudi led coalition and who seem. well now protest as a holding a mass rally in the capital budapest against a new amendment to the country's labor legislation critics are calling it the slave law because it allows employers to force people to work more of the time and even
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delay payments for up to three years our all been forced to walk has been at those protests he joins us live now and robin clearly a great deal of determination on the part of people that to keep turning out for these protests give us a sense of who is demonstrating tonight and. which part of the political spectrum is involved. well i would say that the people who have been protesting this evening and they've numbered in many thousands i won't try to give an estimate of how many but we've seen a lot of people this evening and they've come up here to the to the presidential palace to to really make their complaints heard by the president he signed that law that you were talking about into effect earlier this week and also another law that the protesters say. further erodes the independence of the judiciary blurs the lines between government and the judges who made decisions when in the in the
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courts and those people that we've seen of from across the political spectrum so we've seen left wing political parties. right wing political parties far right parties and civil society groups and students all in opposition to these these these groupings civic group government which i have to point out does hold a two thirds majority in the parliament and was elected with that two thirds majority earlier this year the protesters say that those elections were neither free nor fair that the game is heavily weighted towards victory because he controls much of the media now and these little changes in legislation. seeing the hungry away from its democratic pretensions being a european union member in in other words a form of creeping dictatorship that is the way people are. defining what's going
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on right now in the hungry but it looks as if. the. government is not interested in hearing the cries and into more of these protestors they're hoping i think that the cold war as you can probably get a sense from here on christmas will bring the mood and people will go away but we are hearing that the trades unions know probably stick to club together and try to bring about a nationwide strike. to try to get this government to talk to them and to listen to their demands will definitely no sign that the freezing weather there is deterring those protests as they are still out in force in budapest thank you very much robyn farseer walka. now secessionists in the spanish region of catalonia are once again with the central government a year after the way to help parliament held a breakaway referendum without madrid's approval the prime minister held a cabinet meeting in barcelona sparking protests sagna gago reports.
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blocked roads. confrontations with police a far cry from the message spain's prime minister hopes to bring to the city headache for the politicians aiming to turn the page on the cattle and crisis. if there had been doubts about resolving it and friday's events certainly proved i'm right i don't care about what spain during a will stay here i will. share my opinion. and i will follow this movement to achieve our independent they just came here to show us to show everybody that these these their homeland and that we don't have anything to do with the spine ash government's decision so far i have been at meeting. that was according to them supposed to be a symbolic so i'm reaching out to the region but for the independence broadcasters here it's being seen nothing as more than
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a provocative show of force and it's just an example of how the bitter divide between the two sides remains which shows little sign of resolving what. one thousand police officers secured the streets just down the road in the middle palace surrounded by a sizable security cordon prime minister better sancia held a meeting with his cabinet an area of relative calm away from the outpouring of outside but the spanish government has insisted it's doing this to advance talks with the council and leadership because. this is the only possible proposal the situation cannot be solved by continuing to find one another it will only be solved through dialogue negotiations and a bill that would be their sciences is offering. both sides contra gree how to solve this spain's government continues to maintain the crisis can only be resolved within the law but the catalan government doesn't agree and sees it as
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a political maneuver to do night for the independence from madrid at this moment we do not agree and what is the origin what is the nature of the conflict and how to fall bit shall we either start talking but i will r.t. seriously and with the best. with the birth aim to keep moving forward on the work it has been fourteen months since the outlawed referendum which triggered the current crisis emotions are running high on both sides but no path has yet been carved out to resolve the current standoff sony vaio al-jazeera barcelona. well opposition candidates are calling for calm as large protest groups it is in the democratic republic of congo the central african countries much anticipated presidential election was once again delayed malcolm web reports. that all over my old days opposition supporters chant if there's no election by
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december the twenty third people will be killed. president joseph kabila has left the democratic republic of congo for seventeen years to do to step down for the last two. these months as you would know could be this coming never stayed in power and there's no election for senate filters but he can't kill us all. and this boy says we want the election if people it doesn't want it he has to go. people here support felix he's a caddy one of the main opposition candidates they've gathered outside his party headquarters in the capital kinshasa. they don't have much patience with the government they said this man is a spy from the ruling party sent to stop violence they haven't eaten. he was lucky to be handed over to the police. elections that would have been delayed fighting
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a lot of the people here have been protesting short of actual to be held since before that they're broken up violently by police. people by the people here frustrated electoral commission yet another delay and they're waiting to hear what their leaders say. this is presidential candidates getting seasick ready to kill without the seven day delay. was the only move. we think this perspire in is a way to push supporters to violence to burn election materials so that even the promise of an election on the thirtieth of december cannot be fulfilled. people here in kinshasa are waiting to see if they'll be trouble but leaders have called for calm for i feel that this isn't for this was just two words and this started up
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until fifty december and they. articulate sixty four of our forces and ask them you got to work. full and party officials told us they're not allowed to comment the lot of people here are wondering if the election really will happen on the thirtieth and wondering what will happen if it doesn't. come whether al-jazeera kinshasa the democratic republic of congo. the president of bolivia will stand for a fourth term in office but the country's opposition is calling it unconstitutional and accusing him of not respecting a two thousand and sixteen referendum that voted to maintain the limit on the number of times a candidate can stand down shriner reports. this saying that democracy in bolivia is dead but the government is not respect in the constitution and they'll stay on hunger strike here in the main plaza in santa cruz until it does the all rich east as oppose president since he came to office in two
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thousand and six but their anger has intensified even among his traditional indigenous supporters and he's not just abandoned indigenous people he's lied to them he's worrying an indigenous mask he's not indigenous. president morales held a referendum in february two thousand and sixteen asking to change the constitution so he could stand for a fourth term in office he lost that he had that decision ali fight and is standing again next october his supporters were delighted his opponents outraged if. this decision puts into question the rule of law and democracy in bolivia the government and its party control the electoral commission the legislature and all the democratic institutions there's no independence of power in. anger mostly centered here in santa cruz erupted last week with protesters setting ablaze
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the electoral commission office divisions here run very deep along plath ethnic and reason the lines so to the passions spilling over here at the electoral commission office is an act of violence that many fear is only a taste of what's the cop. who ordered the arson attack is the subject of accusation and counter accusation president morales who celebrated his thirteen years in office at the ceremony and has meanwhile accused the united states of interfering in bolivian affairs of supporting the opposition of the state department. to stay calm and respect the constitution. is still enjoy. substantial support. why is the opposition scared because they're not organized we've got more than a million people in our party they've got less than one hundred thousand that's why they want the elections or no because the electorate doesn't even know who they are
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. but the opposition movement is growing and the road towards next october's presidential election looks likely to be a rocky one. santa cruz believe. the widening global wealth gap has sponsored in many parts of the wild but it's raising particular concern in thailand off the ones they named the countries having the biggest. scott highlight as the story even though the physical distance between thailand's rich and poor can be small for to it's just a matter of meters the wealth gap between them has been steadily widening and according to one report it's now the world's largest tos lived in a bangkok slum for forty five years and now in the shadow of the capital's latest ultra luxury model she picks wild vegetables for her dinner those words should be kicked off the land her situation is not unique. a recent international report
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put thailand at the top of the wealth gap list in a country of nearly seventy million the richest one percent controls sixty six point nine percent of the country's wealth economist a bank executive bandung plan it raised concern on social media about the growing wealth inequality as it leads to social unrest like with the rival thai political groups known as the red shirts and yellow shirts that some things happen from inequalities you know for me the. red turnip. problem is quite clear to me that inequality at the grassroots some town capitalist thailand's military government quickly responded to pump on it and the wealth reports when you look at the data. the real data come from many countries table sixty six have forty forty countries see that country one in down but if you look at all country around it will be number one so for those ties at the lower end of
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the wealth chart it's not just about having few or no assets or even a low income it's about the lack of opportunities and resources so their chances and hope of changing their environment working their way up are extremely low a great deal of industries in retail in thailand are controlled by a select few firms or families they're well connected to the government ensuring their position the top. top up lim chip program runs a craft beer company but he says he had to shift his brewing out of thailand because of regulations that favor the too large beer companies huge production minimums and strict advertising laws he was even arrested emanuel. from the lay you cannot do it because someone already tore superior to five then you are in the country that you know oh man not really has power and when the hold up i think it's possible for them too many people live that a woman saw their money evolve according to economists pump in it those unfair
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advantages given to people who are already at the top of the wealth chart are the most damaging to the economy and the country it not only makes the rich richer but it takes money and opportunity away from others scotland al-jazeera bangkok. a quick roundup of the top stories before us foreign policy is very much under the spotlight after a major shift in military moves president trump is saying that he will withdraw his troops from syria techie's president has been a critic of american policy in syria has welcomed that announcement and in return value to get rid of i sell that. sort of the criticism in question since the beginning of the syrian crisis with our diplomatic contacts with the us lift off disappointed in terms of the results the trumpet ministration inherited problems
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that we experienced particularly during the obama presidency in face to post meetings and phone calls president trumpet i have seen that we shared views on a range of issues related to syria yet the translation of the cruel to the ground was overdue and difficult finally in recent days we have been able to see the clearest and most encouraging statements to date from the administration or president trump has also reportedly ordered the withdrawal of up to seven thousand u.s. troops from afghanistan the move would harm the u.s. presence of service personnel in the country where they train and mentor afghan security forces a separate u.s. force also conducts strikes on i still under the taliban. when all this is the government could be heading towards a shutdown as the senate debates a finance bill this includes more than five billion dollars for a war along its border with mexico president trump says his administration is prepared for a very long shutdown unless it gets its way well now to hungary where protests is a continuing to take part in a mass rally in the capital budapest against
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a new amendment to labor legislation critics are calling it the slave law as it allows employers to force people to work more overtime and even delay payments for up to three years will bring you more on that and our other top stories at the top of the next hour there will be news from doha that's it for myself in the team here in london counting the cost is next. counting the cost two thousand and eighteen the year the u.s. and china played poca gregg's it confused everyone and opec will review the year that was as new dynamics to shaping the global economy. counting the cost on the. hello i'm sam is a than this is counting the cost announces era the weekly look at the world of business and economics this week two thousand and eighteen the year in review the
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good the bad and the ugly of two thousand and eighteen starting with a trade war between the largest economies on the planet. plus carter became the first middle east country to leave opec and saudi arabia became a riskier country to do business with. talking it was three years social media face a backlash three d. printing got a boost. and last but not least paying for climate change is a huge question as two thousand and eighteen drew to a close find out why that matters. trade disputes briggs's it's renewed u.s. sanctions on iran and the gruesome murder of a saudi journalist political and economic risk was highly visible in two thousand and eighteen the international monetary fund and world bank are warning trade tensions are threatening to rip apart the global economy soaring debt is also
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threatening to spoil the party in april the i.m.f. warned it came in at one hundred sixty four trillion dollars a historic he said devising governments to prepare buffers to protect themselves and maybe more danger ahead even if the world economy is projected to grow by three point seven percent this year and next gregor irwin from global council has more on the global economic outlook. i think the really big concern is is china no china growth prospects for main goods in china nobody's expecting a major slew don't tomorrow in chinese growth but the big concern about china is that debt to g.d.p. is still rising is projected to rise further still is very high by the standards of other countries or by historical standards and frankly it looks unsustainable so i think i think that is a genuine concern over the next few years for the stability of the global economy
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we're not in a trade war yet but there is a risk of a trade war one of the concerns about a trade war is that that it wouldn't just involve the u.s. and china would inevitably drag and other countries as well in other countries would be caught up in the crossfire if you like between the u.s. and china right know i think the fear is to describe u.s. policy as unpredictable also quite aggressive equally i think when you look at when you look at china's policy stance also what europeans might do if there are any measures significant measures introduced targeting china or others i think we can we can expect to see retaliation and that that's where the trade war scenario really begins to potentially become a real one on the up side the world's largest and second largest economies recently agreed to postpone new trade tariffs for three months from generally the first but the poles does that mean the war is over the u.s.
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and china's differing opinions over intellectual property protection need to be ironed out greg swenson founding partner of london based brig macca dam explained the trade dispute isn't going away anytime soon and most both sides make concessions i don't think that's the goal has been demonstrated or the core has been articulated well by the president what he seems to do well on is to trade deficit and he picks these arbitrary numbers or targets for trade deficit reduction which i think is a mistake or it were. i should focus on is that china is violating all kinds of free market and open market policies and rules you know they've taken them to the w t o sixteen times in the last couple of years and they've won all sixteen times but that doesn't seem to be fixing the major problems which are you know theft of ip and and you know the complete disregard for free market principles so what i wish that there was a better way and perhaps there is he's picked this one and i think that he's what
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he's somewhat lost the narrative or lost the messaging battle because it looks like the u.s. is provoking a trade war when in fact what there which is trying to do it is fix something that needs to be fixed i don't think these these terrorists will stay in place because they're there self-defeating it's not going or it's not really going to hurt the american consumer of the american economy you know in many ways that the president's plan with the house money the economy is is kicking on all cylinders two thousand and eighteen month a decade since the global financial crisis hit since then greater regulation has been introduced but ten years later it's young people who seem to be picking up the bill russell jones a partner at llewellyn consulting and former employee of lehman brothers spoke to us about the legacy. i think that have to be some really innovative responses to this i mean income inequality wealth inequality huge issues and as you hinted there is increasingly an intergenerational element to this with the young feeling that
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they're getting very much the fin end of the wedge as it were i think politicians are going to have to be agile innovative. my sense is the way to look at this is that we need to become more interventionist but doesn't mean that we have to abandon the sort of capitalist model which has not withstanding the crises we experience has been so successful for so many centuries but in order to make that capitalist model work and work well we're going to have to redistribute more i'm going to have to think of some some new ways of doing that my sense is that higher taxation on the wealthy is is unavoidable my sense is that more transfers from pensioners back into the younger generations is unavoidable we are going to have to do this otherwise the political environment we face which is already let's face it
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pretty fraught is going to become even more unpleasant and even more difficult to deal with i would say that addressing an income inequality is something which will help to save the current system rather than undermine it after the end of the last global financial crisis wreck auld low interest rates in the us meant many developing nations borrowed in dollars or that came back to haunt them this year you see the dollar has strengthened and it's now costing those countries a lot more to repay their debts and for economists it's raising alarm bells we spoke to timothy ash senior emerging markets sovereign strategist with a london based blue bay asset management. well it means more pressure ming you know we enter the year in a goldilocks scenario for emerging markets or appeared that way with d.m. central banks tightening but moderately but the assumption was that global growth would stay pretty robust and as long as global growth stayed fine then on the
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revenue side emerging market countries will be more than able to cope with with higher d.m. and u.s. rates i think what's changed in terms of perceptions has been the dollar rally that's one thing that obviously increases debt service costs in hard currency in dollars from any image in markets and i think the other one has been concerned about trade wars and what it means for global growth argentina was one of those countries that made a cry for financial help its currency the peso lost harf its value against the bulk of this year the country already has some of the highest interest rates in the world and is now in financial life support well during two thousand and eighteen it secured a fifty seven billion dollar loan from the i.m.f. the largest ever loan in the funds history because argentina was truth's not of the markets for so long its waiting is still relative we were so in there for the
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imperatives more and to be our own. investors locally but also foreign direct investors the chances of a default near term low because they do have good relations with the i.m.f. but i think what needs to happen for the time being is that there needs to be a greater burden sharing it had actually now mostly going on for investors and local taxpayers it needs to be more on the corporate sector which has been receiving a lot of subsidies generally for example to invest in energy in electricity where they hadn't been any investment for ten or twelve years but also the foreign direct investment investors who are going to have to bear some of the additional losses now in the murder of saudi journalist jim outhustled jihad these countries consulate in istanbul shocked millions we are asked how much power saudi arabia really wields over the global economy chris garcia used to work for the u.s.
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department of commerce on the president trump and is the chief executive of because financial he gave us his perspective on the importance of the kingdom's oil to the rest of the world. it's actually quite important certainly particularly in the short run 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 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
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economy u.s. shale exports and the shale industry has taken off we have seen 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 still to come on counting the cost tales from the crypto why digital currencies like bitcoin and ripple out of favor in two thousand and one thousand. back in november iran was effectively shut out from the dollar dominated financial system when the trumpet
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ministration decided to re-impose sanctions the measures are aimed right at the heart of these republic's economy oil countries received a six month. waiver but this still puts enormous pressure on to her on the supposed to solve of assuring president of s.v. be energy international we explain what's next for iran and the oil prices there is their expectation in the market that in the next six months i need two thousand one thousand the market is going to face over and over supply due to their higher expert capacity from us and also lower demand so the market will be more read at that time if for any pressures iran is needed all of these countries that are importing oil from iran none of them are going to get any types of see back to iran and iran can only import humanitarian goods or necessary goods those those that are not subject to sanctions back to iran so they're kind of bartering their oil for
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food or medicine or necessary goods and now we have european union that they are coming up with a specific channels of trade with iran banking actions that.

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