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liveill come back to from paris. and michel platini both fired from soccer for a years after being found guilty of ethics violations. in two most powerful figures fifa sports say they will fight the van. a struggle to form a stable government. a historic election broke the traditional two-party government in spain. at least 85 people still missing
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following a landslide in a city of joining hong kong. -- adjoining hong kong. ♪ >> first, the verdict is in for sepp blatter and michel platini. fa president and the european football cheese have been suspended for eight years. they have been found to abuse their positions over a 1.8 billion euro payment that sepp blatter authorized to michel platini in 2011. both men have a denied any wrongdoing. >> band for eight years -- b anned for eight years. van, 20 football's most
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powerful figures, were found guilty of ethics violations. during a press conference held shortly after the decision, he struck a defiant tone. the am sorry that i am am sorry for and i football. i'm sorry for the football association that i have served on for more than 40 years i will fight for me. i will fight for fifa. thee has valid to appeal decision. at the heart of the matter, a 1.8 billion euro payment made to michel platini. it was for work done as an betweento sepp blatter 1998 and 2002. it was only paid out in 2011 as part of a gentleman's agreement. the ethics committee was not
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convinced by this argument of the tribunal ruled there was no legal basis for the payment. both men were also found guilty of a conflict of interest. has been fined, aslatter well as michel platini. is also facing criminal charges by the swiss authorities who are investigating him for his disloyal treatment of michel platini. dozens of current and former officials have been arrested for , asery and money laundering well as the 2018 and 2022 world cup bids. >> i am joined by a fifa specialist from durham university in the u.k.. what impact will this have on the careers of these men? >> it is the end for both sepp
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blatter and michel platini i would say. appeal, but sepp blatter is 80 now. he is trying to save his legacy. to michel platini is going appeal to late to have an impact on being able to run for the presidency. facell sepp blatter charges in the u.s.? >> it is a possibility. he is an old man now. i'm not sure how far they will go. you can see how much he has aged over the past four or five weeks during the suspension. i think people will probably feel mostly sorry for him. >> where does this leave fifa and all these organizations? how will they recover from the cell imaging allegations --
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these damaging allegations? >> it is difficult to say. anothereded to have strongman, another power .roker in fifa sure where that leaves fifa. we do not even know what will happen during the fifa congress. have beennking fifa arrested, including the president of president and ecuador recently. it is not such a big problem. the general secretary is totally capable of running fifa.
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similar things can be said about fifa. run without a president. you might wonder if it needs a president. >> thank you. footballnews, spain's future remains uncertain after sunday's election. the incumbent conservative party took most votes, but lost the majority in parliament. it will need to form a coalition with other parties to govern. the anti-establishment party says they will vote against a new conservative led government. sarahe 24'sby morris in madrid. who will be the likely contenders to coalition? >> it is hard to say. everybody is on the move. we heard the acting prime newster, who has
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possibility of being sworn in for another term, saying he intends to form a stable government. would belikely ally the new liberal party. but he does not have enough seats to help the conservative party alone. he would ask others to vote in this parliament, and he would like the socialist leader to do the same. they need to get on with the government. the young leader, very has only 40 seats. he said it was up to the supported, who have this campaign, trying to get rid of him after those corruption allegations. t ishis point i difficult to say what he will do
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. you can either try to form a government himself, which will create a small nationalist help the or he could government he was trying to get rid of. tohe can force the country run early elections. at the moment many people are saying we could look at another election to settle this issue within a couple of months. , january the 13th is when the parliament has to be called. they hope to talk with many leaders by then with whom he has common ground. and then there are two more deadlines is get the swearing in of the new leader -- to get the swearing in of the new leader. >> thank you. in other news, the eu has agreed to prolong damaging sanctions
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against russia for its involvement in the ukraine crisis another six months. peace accords will not be fully of demented -- fully implemented by the end of this year as required. january 1 there will be an embargo and th on the ukrainian food products. we have more reaction to those sanctions. >> they reacted quite harshly, i think that is to be expected. we would expect the sanctions to be rolled over even though there was fluctuation on the european side about tha when and that would have been. t wouldhat's wha happen.
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the minsk agreement that was signed at the start of the year, to bring a cease-fire to the region between the ukrainian troops and the separatists in east ukraine. he said this would not push ukraine to take political decisions necessary to implement that agreement, and some of fixed,hings that russia the ukraine has not done. changing the constitution, so that the special status which was put in place for that re gion, semiautonomous. >> to africa, to the "fossil government -- to the burkina reportingnment, now they want him for his suspected
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role in the killing of the previous president. he is currently living in exile in the ivory coast. i spoke to a west african specialist in sweden about the development. >> there is the possibility of a major breakthrough. what we have been waiting for a long time is to see clear what helly happened, and how could have advanced. his warrant for arrest is an interesting step. he will be delivered to burkina faso for justice. it is difficult to say whether the new president will be installed on the 29th of happenr, and what will
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there. that will be interesting to know, what they will be talking about. of course, it is a different thing when you have a new elected president in these cases. >> do you think he is likely to be extradited? >> i am not -- it is difficult to say. the relationship between burkina faso and others are troublesome with phone calls captured them, and there's a lot of conversation about what is the true work of the city. in a way, it is not in the of the ivory authorities to refuse to comply. this is an issue that has to be dealt with.
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it is difficult whether to say it will take place or not. at least it will be taken very seriously by the ivory coast authorities. >> moving on, a taliban suicide bomber on a motorcycle has killed x-men and soldiers near kabul. agram, theear bg largest military station in this area. angry protesters have erupted in india after the youngest attacker in the 2012 brutal gang rape was released. the unmanned had served his maximum sentence of three years in the country's supreme court said it has no legal power to hold him for any longer. we have more from a reporter. after india'srage
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supreme court rejected an appeal to prevent the release of the youngest man convicted of a brutal gang rape in 2012. laws, his sentence cannot be extended. it is a blow to victims rights groups who are pushing to change juvenile law and reduce the age of adulthood to 16 from 18. >> in the end the supreme court says we share your concern, but the law is weak we cannot do anything. the minor at the time of attack, he escapes the death penalty, unlike the five other men who were with him. because of his age he served three years, the maximum sentence allowable. he has had his identity kept secret. greeted withs been despair by the victim's mother who said the system has failed her family. >> the supreme court, high court, lower court, have all given up. i have no hope left. i would say that the court's decision is given an incentive
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to carry out crimes and give these youngsters license to do so. the gangutality of raped three years ago, which ended in the death of the victim , turned a global spotlight on india's treatment of victims. scores of protesters gathered in e capital asking for tougher sentences. china, 81lide in people still missing. this happened on sunday. human error and lack of government oversight are to blame. it has been an exhausting day and night for these rescue workers at the industrial park. on monday.let up
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mechanical diggers continued to sift through the pile of red earth, and these experts use life detection sensors and the hope of finding survivors. we are putting all our efforts into the amount of mud and rubble is huge. at least 500 firefighters are working on the rescue. >> 33 buildings were smothered after a mountain of ex evaded soil and construction waste swept through the factory city on sunday. the mounted no blankets and area of more than 318,000 square meters, 10 meters deep in some places. building work has accelerated at such a rate that storing the waste has proved problematic. they are already pointing the finger of blame at authorities. >> heavy rains and avalanches are natural disasters. this was not a natural disaster. this was man-made. if the government had taken
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proper measures in the first place, we would not have this problem. we have been down this road before. it is crazy. >> 900 people have so far been evacuated from the area. the injured are treated in nearby hospitals, and medical staff remain on high alert for new arrivals. friendseantime, all the and loved ones can do is wait and pray. host'ss a television ultimate nightmare. it seems to be going well at the miss universe pageant, until the host misread the name from his cue cards. >> two miss universe finalists. all he had to do was announce the winner. >> columbia. >> and ecstatic ms. columbia burst into tears before receiving her sass, a bouquet of
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flowers, and the all-important ground. her rainbow was short-lived. a mortified steve harvey rushed to the stage tuesday he made a mistake. >> i have to apologize. up as columbia. >> a stunned ms. columbia's don't still while a clearly perplexed ms. philippines wondered what this could mean. 2015 isniverse philippines. ♪ crowd was thenng taken from the head of ms. columbia, and correctly placed on ms. philippines. own was then taken from the head of ms. columbia, and correctly placed on ms. philippines.
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news of the error spread like wildfire on social media, and celebrations broke out across the philippines. apologized toas ms. columbia for the mixup. and has wished her well in the future. >> a beauty pageants nightmare indeed. a reminder of what is making headlines this hour. sepp blatter and michel platini for eightm football years after being found guilty of ethics violations. they say they will find thre ban. after a historic election, the two-party government of spain is gone. 85 people still missing following a landslide in a city adjoining hong kong.
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it is time now for a look at the day's business news. with rockyting spanish markets. the storelooking at from a business perspective, because this inconclusive result we got out of the spanish election over the weekend has impacted the stock markets this monday. ended 3.5% down on the previous session. falling well short of having own majority. that is fueling those fears once again. analysts warned that it could a spanishs to form government, and it is unclear what that spanish government might actually look like eventually. to be bad news for spain's willingness to reform and for the country's beleaguered economy. the economy has been growing strongly in the past year or so but public eye dances remain
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strained after the euro zone debt crisis. 20%ployment is around monday second highest in the euro zone after greece. uncertainty, and yesterday's results show total uncertainty. what governments or what text will be reached is unclear. left-wing parties made pacts with putting us, and that is not comforting. we will see when negotiations are carried out this week and how they react in the next weeks. whether they keep falling, or go back to normal. , and thatx 35 index has put a damper on trading across europe. if you look at the close in europe you will see that we saw red ink across the board at the close. earlier in the session we saw some gains or the other main indices, but we ended in negative territory. cac in paris.
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.own 1.3 percent let's take a look at where the u.s. stock markets are at this hour. we're seeing shares trading to the upside, with not very long to go before the end of the trading day on wall street. we're seeing positive figures, despite lower oil. these gains followed to straight sessions of losses. so perhaps only natural to see a little bit of a reaction after those two days of losses that are just spoke about. the nasdaq is leading the way at this hour, up around a quarter of a percent. fizzle seen those gains out somewhat over the past hour or so, with the dow jones industrial average this hour of only about a tent and represent -- up only about a 10th of a
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percent. the price of crude has hit a fresh alive i 11 year low. the lowest since july 2004. oil prices have been driven lower in this time of record high level of crude supplies globally and weakening demand. that has led to plummeting revenues for oil exporter, nigeria being one of them. they are now seeing shortages despite being one of the major producers. >> these men have waited for hours to refuel their tanks. >> this morning i was up by 4:00 a.m. to join the queue. i'm in spot eight. multitude who have
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issues that are yet unresolved. i have to give them cash to pay them. major oil is a producer. due to its limited refining capacity, it import petrol, which is then sold at subsidized prices to nigerians. during international oil prices have caused this balance to worsen in recent months. down to just over $3 over $14own from billion in 2014. >> the president, i wonder something -- ant
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watch something go bad like this, and do nothing. to a solutionnce to the many nigerians fear they will not be able to visit their families in time for christmas. japanese electronics maker toshiba has unveiled a plan to get itself back on track. it includes nearly 7000 job cuts and the sale of at least one plant. this comes as to achieve a predicts record losses for its current fiscal year. predicts record losses for its current fiscal year. just under ¥550 billion, , the1 4 billion euros company's president announced on monday that 600-8000 jobs will go by march next year. 6800 jobs will go by year. >> it is regrettable to announce a plan that includes staff
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layoffs, but it is very much needed for us at this time. >> the cuts equate to about 3% of the country's workforce and its personal computer, video, and consumer electronics sections. news of the law sent shares of the company tumbling. jobs are not the only thing being given the chop. they enough there selling their television manufacturing site in indonesia to a hong kong maker. the restructuring plan comes a few months after the scandal laden company admitted it had doctored its books. they suffered from dysfunctional management and eight coulter of discouraging its employees from questioning superiors -- and a culture of discouraging its employees from questioning superiors. sson gain on a
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12/21/15 12/21/15 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! >> should corporate america love hillary clinton? >> everybody should. >> will corporate america love a president sanders? >> no, i think they won't. amy: bernie sanders and hillary clinton spar in the third democratic presidential debate over wall street in the middle east while former maryland governor martin o'malley took on both his rivals on gun control. >> senator
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