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tv   Journal  PBS  June 11, 2012 6:30pm-7:00pm PDT

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captioned by the national captioning institute >> telecom and will consume "the journa;." >> these are the top stories. >> bar and costs for spain and italy rise. >> the west joins israel in pushing for military intervention in syria. >> and matches between favored france and england in in a drop. -- in a draw. >> the bailout of spanish banks agreed to over the weekend and
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not necessarily make it cheaper for spain to borrow funds on bond markets. the loans set to increase spanish debt borrowing costs may be rising instead. >> the spanish treasury says it will continue to borrow money with regular bond options. that despite the eurozone finance ministers of green to blend spain 100 billion euros to prop up weakened banks -- agreeing to lend spain 100 billion euros to prop up weakened banks'. >> at first, the bailout news boosted trading in madrid, but by the end of the day, the euphoria wore off and the key stock index, the ibex, closed lower than when it started. so far, it is unclear, but there is speculation spanish banks will have to undergo strict
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restructuring, that weaker institutions will be closed, and the sector will be partially subject ec provision. this latest bailout might stave off imminent fears of a deeper crisis, but financial analysts are skeptical of the longer-term effects. >> spain's problems have not been solved. the clock for the eurozone rescue has been turned back. the problem is the spanish economy and its inability to carry out reforms. >> the bailout is destined to go to the spanish banks via a special fund and stay off the government balance sheets, but the country felt overall debt level will rise considerably. nevertheless, the bundesbank president was cautiously optimistic. >> i have confidence in the spanish government. it has already implemented
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substantial reforms but it must continue on this track. >> spain has yet to announce how much money it intends to tap, and the amount will not be clear until after a bank audit later this month. >> young activists in spain say the mood is becoming increasingly angry, especially with the tens of billions now earmarked for banks and non for job education and training programs. >> the overall joblessness rate is 25%, with parts of the country knowing property they have not seen since the post- world war ii . . -- period. >> demonstrations like this one have been going on for weeks. the protesters say it is unfair for banks to get a bailout while ordinary people feel the pinch. >> we are defending human
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rights. we want a fair health care and education system. the bank's cost the international crisis and we are angry about that. >> there is anger throughout spain, especially on the part of the rising number of unemployed. long lines formed every day at the employment offices, but there is little help for job- seekers. >> there should be no more cuts. cuts would create jobs or improve the economic situation. i think the right way is to help not just the banks, but the citizens. >> when the property bubble burst, it plunged the construction sector into crisis, leaving residential areas on finished like this one in madrid. of the 5000 planned condominiums only a portion were built. >> we are paying a high price
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for the crisis. we ask for credit. we are paying a high price. but the banks are fine. europe is rescuing them. >> even with the bank rescue on the table, it is hardly a lifeline for ordinary spaniards. they are fed up with the government's handling of the crisis. >> is not only spain and the spotlight. italy is as well. the national statistics office listed bddp as falling at 10% in the first quarter this year. >> that is the third quarterly decline in gdp in a row in italy and the biggest since early 2009. their growth rate has been the slowest in the eurozone over the last decade and the stagnation is expected to continue this year and next. after a strong rally in early trading on monday, the picture
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turned mixed during the afternoon as the reality said then that the eurozone debt crisis remains unsolved. that deals -- debt yields rose in spain and italy. 4 look at german shares, we have the summary from our correspondents in frankfurt. >> in the morning, the investors started fireworks to cheer the rescue plans for the spanish banks, but in the evening these fireworks turned out to be a flash in the pan. a few investors said the banking sector is not the biggest problem that the spanish economy is carrying. the biggest problem is the high unemployment rate, as they were saying. and also, on the news that italy fell into a recession sour the mood on the frankfurt floors. there were only a few plus signs
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at the end of the session. >> that was from frankfurt, where we will stay for a closer look at the numbers. the dax barely in positive territory. the eurostoxx 50 barely in positive territory. across the atlantic, the dow jones industrial at 12,190. turning to some other international news at this hour, the international community is continuing work on a solution aimed at ending the violence in syria. france says it will be holding talks directly with russia this week on a conference to negotiate the into 17 months of deadly clashes. >> in syria today government forces have shelled rebel strongholds in central and eastern parts of the country. activists say 29 people were killed.
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>> this amateur footage is said to show government forces laying siege to the city of homs. activists report heavy shelling in many parts of the country. as the violence continues, there are growing calls for foreign intervention, including from the ranks of germany's governing conservatives. out the possibility of a rule- military operation -- we cannot allow the possibility -- we cannot rule out the possibility of a military operation. we have to continue the pressure on assad. un pressure will not help. >> the conservatives': and partners the free democrats do not disagree. the conservatives have their doubts about the annan peace
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plan. >> it seems annan's peace plan has failed, and that is a shame. if the u.n. does not act quickly, people will fail to take it seriously. >> russia and china failed to pass a resolution condemning the assad regime. >> turning to soccer action. france to gone england at the first group -- took on england at the first crew -- group d match. >> the game ended in a drop. >> the group d favorites played in the game that failed to demonstrate the balance of play. joe hart's reflexes were tested. leaping athletically for the
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header. beekeeper was unable to react. the french -- the keeper was unable to react. it was another midfielder to put the french level with a powerful shot after 39 minutes. the second half saw some flashes of individual skill just before the end. but on this form, neither france nor england look like serious contenders for the title. >> germany is tipped as the favorite to win the european championship. there is plenty of potential, plenty of talent, and lots of spirit. >> they managed to beat portugal on what many say was a lackluster performance on saturday, but just winning their. coach joachim loew once the
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team to up their focus going into wednesday's match. >> the team doctor has not had to treat any major injuries. that as additional good news after the match against portugal. but the coach made it clear at his players will have to step up their game. >> is about fine-tuning and good teamwork. -- is about fine-tuning in good teamwork. i think we have potential for improvement. no doubt about it. >> he has yet to announce the starting lineup, but against the dutch, he will be counting on more experienced players to show creativity. he is counting on a second victory that will all but guaranteed germany a place in the quarter finals. >> it will be a match of =. both teams have world-class potential, especially on
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offense. the netherlands have fast players that can dribble well and good deep from midfield. >> the striker mario gomez has come under criticism for lack of performance, but he hit the only goal and says he deserves a starting spot. >> in the past few only one player scored more goals. i do not see why i should change. >> but another player could start the offense. he is eager to start after being sidelined with an injury. >> we are happy to be joined in the studio by our sports correspondent. titus, the german side is looking better. what do you make of the lineup? should mario gomez start again?
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>> on balance, he is right to defend his record. he has been a very successful striker. this problem has been making an impact on the international stage. before portugal, he never scored a goal for germany. i think what you're seeing is that the comments -- gomez is a confident player. i think now that he has hopefully unlock the floodgates with this cathartic bowl against portugal, -- goal against portugal, then hopefully he can build on it. he is a stronger player mentally. i think if germany goes far, he will have an important role to play. >> after years of preparation, finally co-post ukraine inaction. they are still 0-0.
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they must finally be happy to get an action. what do you expect out of this game? >> i do not think ukraine really have the quality to go much further, although we would love to see them do that to keep the tournament atmosphere live. i think they are just very glad to be playing football tonight. and some of the-headlines are to one side. you know, there has been the political issue of certain governments boycotting the games. although the political environment has created this negativity, the coach was asked to explain his comments about african players being called zomba bomas. it is an important issue. >> after the break, we will be reporting on the crackdown on
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activists. >> and we will have more on the 2012 zone. don't go away.
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>> welcome back. thank you for staying with us. >> in moscow, police with assault rifles have raided the homes of anti-government leaders. this sunny eve of a mass rally against president vladimir putin. >> it was carried out in the early hours of what was a public holiday and targeted the homes of a new brand of young russian politicians who analysts believe could pose a realistic challenge to the current administration. >> police struck just after dawn, simultaneously trading flats across moscow. one of the targets was an anti- corruption blocker -- blogger. >> i think it is the rate of the
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constitution that is happening, really. they don't have any reasons to do that. all i know is they have broken his door to get inside. >> heavily-armed police sealed up the buildings as they searched the flats. the opposition said it was a blatant attempt at intimidation. >> their task is to frighten people and use them as examples of why they shouldn't be active, why they shouldn't take part. instead they should sit at home, be quiet, and obeyed the government. >> opposition activists have pledged to move forward with the protests, but critics targeted by the raids have been summoned for questioning. the authorities have accused protesters of inciting violence at an anti-government demo in early may. violators face much higher
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fines. >> still to come, all the latest from your 2012. >> but first, here's a look as some of the other stories making news around the world. >> libya has detained four envoys from the international criminal court on allegations of spying. this move after one of the lawyers was found carrying "suspicious documents"related to the case of saif al-islam gaddafi. >> the former bosnian serb leader radovan karadzic has asked the hague to dismiss charges against him. the international criminal court is trying karadzic on war crimes charges related to the srebrenica massacre. karadzic and his legal team
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contended there was no genocide in bosnia. >> in israel, unknown perpetrators have spray-painted graffiti on the holocaust memorial. some of the graffiti accuses israel of collusion with the nazis'. >> big crowds in brazil have operated through the streets of san paulo to urge an end to homophobia. hundreds of thousands of gays, lesbians, bisexuals, and their supporters joined in the 16th annual gay pride parade in the heart of south america's biggest city. >> self sudan has set up only about a dozen -- south sudan has set up only about a dozen embassies since it declared
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independence. >> its government wants a quick resolution to the armed conflict with sudan and points to its willingness to compromise over the disputed region. but tensions are running high, as we see in our next report. >> even after south sudan gained independence last year, it has fought over the oil-rich border region. both countries will renew peace talks. >> the withdrawal of sudanese and south sudanese troops from the disputed border region in may was an important first that, which i welcome. -- important first step, which
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welcome. know the situation is still fragile. it continues to be worrisome. >> sudan's foreign minister insists the south is responsible for the ongoing conflict. >> south sudan remains a place of refuge for level project for rebel groups from dar for -- darfur and refused to sign the peace treaty. >> but he made it clear that germany expects both sides to stepped-up efforts to resolve their border dispute. >> for more on this conflict, we're joined in the studio by arkangelo modesto, the chairman of the southern sudanese diaspora here in berlin. welcome. they say that south sudan is
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harboring rebels and the border area. is that true? >> that is definitely false. they should know is not see done -- sudan that has refused to sit down with the rebels. they have nothing to do with south sudan. south sudan is interested in having two viable state. there is no reason to harbor preble's. >> is this conflict religious or economic, and how can it be resolved? >> the conflict at present is due to north sudan trying to carry out the tenants of the comprehensive peace agreement, which was signed in 2005. they draw the borders because
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they're benefiting from this ill-defined border, and they are resistant to moving the oil-rich region. they still have 150 soldiers in south sudan, in the disputed region. >> our recent comment by the president shocked the country. he said civil servants had stolen $400 billion from state coffers. how does something like that happen, if it's true? >> there is money which is missing. misappropriated. that was during a time when the system of financing in south sudan was not quite perfect. now there is a need to recover this money. i think the president with his statement of zero tolerance towards corruption is on the right way to achieve this. >> arkangelo modesto, thank you
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it so very much. >> thank you. >> french president francois hollande's first-round parliamentary victory has put him on course to secure a solid majority. that could make it easier to create deals with germany to resolve the ongoing eurozone debt crisis. >> they have promised to radically change the nation for a writ -- nation's direction. >> it is a key shift in european politics at a time of economic and financial crisis. hollande believes more needs to be done to stimulate growth and that puts in at odds for german calls for austerity. >> francois hollande's socialists are poised to claim a parliamentary majority. >> i think the french people wanted to give francois hollande a signal of confidence.
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>> voter fatigue has set in under what many called it and under-inspired campaign. voter participation was under 60%. >> we have been talking about politics for too long, nearly a year. the campaign was very long. now i think the french want to talk about other things. >> there has definitely been a lack of participation by the french. i hope they will come back for the second round. >> nicolas sarkozy's conservative party has seen its popularity plummet. if the socialists are successful, it will be the first time the country has been led by a president from a left-wing party that also controls both chambers of parliament. >> one of the very first economic decisions hollande made was to reduce the retirement
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age from 62 to one 60 four retired workers. >> but with french that rep levels -- french debt levels rising, where will the money come from? the ec be -- ecb and guys is that tough reforms need to happen now. >> many rich industrial nations want citizens to retire later to make up for the lack of economic expectancy. they say it is essential to boost growth and aging societies and ensure that pension systems remain affordable. most of the member states have raised tension ages or plan to do so. they include large economies like the u.s., britain, and japan. but many european countries have been hesitant to act.
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two years ago, france raised its retirement age, but the newly elected president francois hollande has reversed the decision by decree. as life expectancy will continue to increase, raising pension ages can only be effective as an ongoing measure. it advises making additional private pension insurance compulsory. >> that is all we have time for for the moment. we will have more news coming up in just a bit. >> that's right. thank you for joining us. we will see you next time.
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