>> this is. time for 60 minutes live around the world read on genie godula. these are the headlines. for the first time in years the un security council makes it first statement on the myanmar. forcingmns the violence the muslims to flee. the supreme court in south africa here's an appeal against an earlier court ruling to

reinstate almost 800 dropped corruption charges against the president jacob zuma. in paris gets the official go-ahead to host the summer games. coming up in business paris may be celebrating being officially chosen for 2024. are already wondering if the city can bring the games in without going over budget. that's coming up along with more olympic fever in the press review. first our top story live from paris. the un security council has made first statement is nine years on

the growing crisis in myanmar. on wednesday it condemned the violence thahat forced clolose o 380,000 muslims s to flee to neighboring bangladesh. the human secretary-general is now hinting that military action amounts to ethnic cleansing. the government defenses that military action is to prevent the risk of terrorist attacks. more from london. >> the government has said there is a risk of imminent terrorist attack in the country. a spokesman took to social networks two hours ago saying there is a direct link between the fighters and al qaeda. has always denied any links with international

terrorist networks. al qaeda in yemen on the other hand is called for its suppteters and figighters the reon in the e philippinenes and ofonesia a and other part southeasast asia to go to berman to fight thehe burmese army. ngos s say that 100 more have dd inhe violence and of coururse civililians. he willl not be going g to the united s states for the un'ss general assesembly. it's also because of the terrorist attacks. baddressing the nioion tuesdayay and that's a mucuch awaite spepeech possibly o one f the momo if not t the most impoportant speech h sie she tok power. addressing the nation diplomats and reporters on tuesday.

her entourage says it will enable her to tell the truth on what is happening. the real question is -- defective leader of the country if not the official leleader. what exactctly can she d do? >> precisely. onlys the de facto leader in the army retatains huge p pos in thihis country. notatably key mininistries. the e rders, thehe interior ministry. the army is very independedent here in vermontnt. -- bournemouth. urmama.nememouth berm b she is an ididol here that m may observers s stress that it's a very fragile democticc she hason andnd possibly

with thth army cotantntly. she cannnnot give ordersrs to te burmesarmy tha r remains exextremely popowerful here inin bumingham -- bournemouth -- rma.a. diplats tolde ththatay be e reason why t international community is condemning mitary operations but not targeting - - they feell that she still represents a huge help for democracy here in birmingham. >> south africa's embattled president jacob zuma is in court today in a new effort to fend off 800 graft charges. the country's main opposition

party has been trying since 2009 to reactivate those charges. it's the second time president zuma will try to convince the court these should not be reinstated. apologies. we seem to be having some technical difficulties. we will try and get back to that later if we can. russia's latest large-scale military exercise also begins today. the kremlin is insisting that the -- are entirely defensive. there are fears the exercises could escalate towards its neighbors. at the country's largest

military exercise since 2013. -- purely defensive end don't violate international agreements. across the baltic sea. just under 13,000 minutes of. defenseto belarus's minister. we have joined strategy drills is purely defensive end is not pose any threat to the european community as a whole or the neighboring countries.

>> officials say they are watching operations. is the kremlin is threatening into belarus or launching -- militarygainst exercises. >> thomas low is in moscow. he told us more about what russia's motives behind its military exercises might be. is great tvhiss

pictures for our tv viewing country. a lot of people support vladimir putin to make russia's strongng agagain. c country with a very strong military and evil army. it's part of a show. a discussion with nato and the u.s.. it's a a very stronong warning o both nato and the u.s. pushing toward russian borders. it has said a number of times that it is very nervous about russia's intentionsns. if nato and the u.s. were ever russiated in invading

would make sure the cost was very high indeed. venezuela after months of the deadly protests. it looks like talks between the government and the opposition could be inching closer to reality. delegates began exploratory contact with mediators in the dominican republic. light at the end of the tunnel for venezuela's political unrest. nicholas maduro's government invited to hold talks in dominican republic. joining the talks is the president of the controversial constituent assembly. thatis is an initiative the president took in 2016. he never abandoned the dialogue. >> for months venezuela has been rocked by demonstrations against the president. accused of blocking the country

into its worst ever crisis and bringing it to the brink of dictatorship. the former vice president. >> it is an initiative that should be welcome. democratic unity coalition said they would only if the government paid in the attention to the economic and social crisis. talks were held last year but they collapsed. people braved the rain last night to celebrate the french capital. the international olympic committee may be announcement in peru last night and in a historic christie -- twist the

irish sea -- ioc announced paris will close the olympic games. what's next for the paris olympic team. get activegoing to paris on a friday. there is going to be a little bit of celebration. they're going to meet the friends president. then they will go to the town hall with the mayor and then there will be a big party and after that that's w when the serious business will start. ton it's getting ready to go 2020 four and actually deliver the project they've been fighting for all these months. the biggest issue they will have 5%focus on is building the of the venues that are not built yet. venues either already

exist or are temporary. the big main aquatic center in as well asf paris the athletes village and the media village. those are big infrastructures to build and those are very important ones. they will stay after the olympic games and village will be turned into housing for that northern suburb. thebig aquatic center of parisian capital is very important. there will also be an upgrade in transport. they will extend metro lines. g getting to of work 2024 and they know they willll have to get going very soon to deliver what they promised and to stay within the budget. we have seen all the previous games that the budget that was

planned initially was not exactly kept. at times doubling and tripling. hard to trying very keep the budget in check and tried to be the first city to actually hold the budget promised. areas of celebration and there is the work that has to be done to get to 2024 and that will take all the work and all the focus of this delegation once they get back to paris. victory for paris in 2024 was a very long time coming. we take a look back at the previous failed bids. after three straight losses paris's fortunes a are being turned aroround. dashed inad its hopes

2025. london left celebrating. paris returns to the drawing board. the delegation representing the french capital failed to woo the judges. to host 1992its olympics. the 2008 games went to the chinese capital. the former french president hollande put forward a plan to those begins in 2024. hollandethe bid would rely on infrastructure which already existed. after sitting on the fence the city's mayor got behind the plan. paris was left taking on the u.s. city of los angeles. after rome and budapest pulled out of the race due to the unpopularity of hosting the

games. an olympic city into park. the announcement from lima is historic for the ioc. it's also the first time the outcome is preordained. genie: cost concerns are a very real one for the paris olympics. our business editor is here. the electric have gained notoriety for being an economic boondoggle for the cities that host them. paris is open to buck that trend inin 2024. three bids and 100 years later it's happening again. harris will host the 2024 olympic games. france is hoping to come out in the black.

it's planning to invest 6 billion euro's in the games. much of the necessary infrastructure already exists. >> the things we are planning to build our things we neneed anyw. objective will be keeping down the cost overruns that have become an inevitable plplague on cities that host the olympics. went over budget by 10 billion euro's. the paris games could bring in between five and 10 billion euro's worth of net gains and create up to 250,000 jobs. the majority of those will be temporary. the 1980 four games in los angeles and the 1992 games in barcelona turned out to be e net economic gains for their host cities. paris join the exclusive club?

only 2024 holds the answer. genie: los angeles in 2028. donald trump is pushing for tax reform. cute says his goal is to taxes for r the middle class and corporations. congressional leaders have yet to put forth a specific plan. early outlines were criticized for heavily favoring the rich. u.s. statutory corporate tax rate is one of the highest among major world economies. companies often pay far less ththan that due to a wide ararrf loopholes. a recent study by the tax policy center says trump and republicans wowould likely be unable to cut the corporate rate to less than 26% without adding to the federal budget deficit. trump is aiming even lower. >> we're looking at a 15% rate.

that will bring us low. will bring us to a level where china and other countries are. we will be able to compete with anybody. nobody will be able to touch us. we would like to see 15%. china's actual standard corporate tax rate is officially 25 percent and in practice can be as high as 45%. genie: let's check in on the markets. mixed.pean index a policy decision just came out from the bank of england on interest rates as it tries to tackle inflation in britain. around a quarter percent of the ftse 100 in london. -- morecorot in paris of today's top business headlines. chinaic data out of

thursday. industrial productionn for augut china closed down nearly .4%. a million-square-foot warehouse near mexico city. the e-commerce giant is looking to increase its presence. it's already the third largest retailer. it would triple amazons distribution space in the country. donald trump has blocked a chinese company from acquiring .he u.s. memory chipmaker an executive order banning the deal. link between bitcoin

and north korea. apparently they are increasing signs that bitcoin is being used by north korea to evade sanctions. hackers based in north korea are increasing targeting online exchanges to steal bitcoin. u.s. intelligence researchers point to signs that it going mining is taking place. that's essentially using powerful computers to solve complex equations in exchange for the currency. it is engineered to be anonymous and it is probably very valuable. increasinglyding strict international sanctions. financial experts are warning that the currency could be in a bubble that is due to pop.p. genie: thank you for watching france 24. time for the press review.

we're taking a look at the papers today. in france there is a lot of celebration over this not so surprise announcement that paris will host the 2024 olympics. >> finally. that is the overwhelming sentiment in france. photo of the paris mayor surrounded by the rest of the french olympic delegation. waiting theury of french capital will finally welcomed the games and they are thrilled. to be the biggest challenge in the history of french sports. basically they are high on olympic spirit. the paper promises that paris will be one big party and in the editorial they give france a motivational speech. let's be proud. let's seize this honor. his more than a sporting event.

it's a social undertaking. >> all of the olympic fever has been enough to make right-wing papers forget definitions -- divisions with the left-wing mayor. the paper reminds us that hidalgo took convincing from the former president to submit paris's candidacy. she didn't think the city would ever get the games after its past failures and had actually poked fun at francois hollande. many are also reacting to guess today's state of the european union speech from the european commission president. >> he called for more integration in the eurozone. he did not go as far as saying the eu should have a special eurozone budget which is what emmanuel macron had proposed.

they are focusing on this on their front page today. macron storms in. that comes along with an infantilizing cartoon quite literally eu veterans sitting back and watching the child as he plays with a toy u-boat in a french park. >> the warning that the u.k. will regret breaks it -- brexit. >> nigel farage former you cap later and the godfather of the brexit. he has written an editorial saying as the commission president swept aside the issue i cannot help feeling relieved that we had left in the nick of time. he and other brexit or is are excited.

this is proof that europe has moved on. it's official, brexit is boring. genie: chocolate. several papers are reporting that chocolate sold by major brands may contain traces of dirty cocoa. illegallyeans grown in protected areas of the ivory coast. these were the findings of an ngo published in the guardian. how the so-called dirty cocoa is mixed in with clean cocoa beans by traders who sell it to major chocolate whods like mars and nestle don't realize where the beans are coming from. a devastating impact on ivory coast rainforest. a quarter of the country used to be covered by rain forest. ivory coast is the world's biggest producer of cocoa beans

and it is losing forests at a faster rate than any african country. genie: america's so-called most hated man martin shkreli has gotten himself locked up in prison over a facebook post. >> he has several nicknames. he is infamous for hiking up the price of an essential aids medication. prisonacing 20 years in for defrauding investors and he has been out on patrol until this facebook post. he posted offering his followers $5,000 to grab a strand of hillary clinton's hair while she is on her book tour. paper is not surprised. peoplebeen harassing online particularly women for a very long time. this time he is facing consequences. genie: i wonder why he wanted someone to get her hair. thank you for that look at the paper. you can get a closer look at the

press review and other news on the website at france 24.com. connections is coming up in the next half hour with everything you ever wanted to know

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