Monday, June 27, 2016

Wall St. set for more losses

Investors in the United States are preparing for another volatile day
of trading as Britain's decision to leave the European Union continues
to weigh on global markets.

Wall Street posted big losses on Friday after the historic vote as
economists assess the implications that the Brexit vote may have.

William Denselow reports from New York.

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Kerry says special relationship with UK will continue on visit to Brussels

US secretary of state John Kerry has reasserted his position that the US will continue to work with the European Union and the UK despite the British vote to leave the EU.

52 per cent of the UK voted to exit the EU last week which has left the British government and opposition in the parliament in chaos.

John Kerry has been talking in Brussels ahead of a visit to London and says the US will keep its so called special relationship with Great Britain.

IN: "Ever since world war ..."
OUT: "...of that vote."
DUR: 26 secs 

CLIP: http://www.fsnradionews.com/feeds/0627brexit-kerry1.mp3

ALT

Speaking in Brussels after meetings with the president and foriegn affairs chief of the European Commission, John Kerry urged for everyone affected by the brexit vote, to remain calm.

IN: "I think it ..."
OUT: "...first place."
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UK CABINET AGREES 'BREXIT UNIT'

Britain's government has opened a new unit of civil servants to draft options for negotiations with the European Union after last week's Brexit vote.

Prime Minister David Cameron chaired cabinet for the first time since the EU referendum.

He's set to stand aside as PM once a successor has been chosen, leaving negotiations with the EU to the Conservative Party leader.

Cabinet member Stephen Crabb is thought to be considering a leadership bid.

IN: "This is…
OUT: …together."
DUR: 27 secs 

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UK Chancellor Says Britain is Prepared for Brexit

The British Chancellor, George Osborne, has tried to calm fears over Brexit after Britons voted to leave the EU 52% to 48%, triggering market turmoil on Friday.


The Chancellor announced that the UK's economy would need to adjust, but no emergency Budget would be put in place immediately.


Our UK Correspondent Natalie Powell reports…


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EU leaders meet in Berlin to agree Brexit response

German chancellor Angela Merkel, French president Francois Hollande and Italian prime minister Matteo Renzi are meeting in Berlin to agree a joint strategy on Brexit.
A split between European leaders seemed to open up at the weekend - with the French foreign minister insisting Britain leave the EU as soon as possible, while the German government seems more inclined to give the UK time.
Elena Casas reports from Berlin.

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DUR: 42s

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BORIS JOHNSON URGES CALM AFTER BREXIT

One of the front-runners to become Britain's next Prime Minister says EU nationals living in the UK will have their rights protected as the country moves towards a Brexit.

Boris Johnson has also welcomed Chancellor George Osborne's attempts to calm the markets following last week's British vote to leave the EU.

Boris Johnson wrote in a newspaper column that he believes Britain's new relationship with the EU will end up looking much like it used to - but with sovereignty restored to the UK.

And he's welcomed George Osborne's message of stability about the UK economy.

IN: "Project…
OUT: …protected."
DUR: 38 secs 

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EU appoints head of Brexit task force

The European Union has appointed a Belgian diplomat to head up its task force for the removal of the UK from the bloc.

Britain voted to leave the European Union with a 52 per cent majority in a referendum held last week.

Our Europe correspondent Jack Parrock reports.

IN: "The European..."
OUT: SOC
DUR: 30 secs 


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Russian court orders Kirov governor be kept in custody

LEAD:

A court in Russia ordered that the governor of the Kirov region should be taken into custody for two months after investigators said they had caught him accepting a bribe in a restaurant.  Nikita Belykh is accused of taking a bribe of 400,000 euros.  Julia Lyubova reports from Moscow.


IN: Investigators published photographs...

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OSBORNE: UK OPEN FOR BUSINESS

UK Finance Minister George Osborne has attempted to restore calm to financial markets by insisting the British economy is strong enough to weather the effects of its Brexit vote.

Britain voted last week to leave the European Union despite warnings from economists that doing so would have a negative effect on growth.

Mr Osborne gave an emergency statement before financial markets opened in London in which he also insisted there was no rush for Britain to trigger Article 50 - which sees negotiations begin with the EU on the manner of the UK's departure.

UK correspondent Olly Barratt says George Osborne's statement was designed to reassure.

IN: "He was… 
OUT: …might have."
DUR: 39 seconds 


ALT:

Meanwhile, Scotland's First Minister Nicola Sturgeon says she is exploring legal action to keep Scotland in the EU.

UK correspondent Olly Barratt says it's unclear whether that will be possible. 

IN: "Well they… 
OUT: …United Kingdom."
DUR: 62 seconds 


ALT:

UK correspondent Olly Barratt says immigration was central to the referendum debate, with some fearing the conversation was becoming xenophobic at times.

IN: "Not everyone… 
OUT: …immigration."
DUR: 54 seconds 


ALT:

Mr Osborne says Britain can weather the storm.

IN: "It will… 
OUT: …for business."
DUR: 19 seconds 

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Pope Says Church Should Apologize to Gay Community

Pope Francis says the Roman Catholic Church should apologize to gay people for decades of discrimination.

The pontiff made the comment as he returned from a trip to Armenia that angered Turkish officials.

Our Europe Correspondent Kevin Ozebek has more from Brussels. 


IN: Pope Francis…

OUT: Standard Out

DUR: 30 seconds


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Mining hostages released in Nigeria

Two Australians injured during a five-day abduction ordeal in Nigeria are in a serious but stable condition.
Their Perth-based employer, mining company Macmahon Holdings, says they're receiving specialist medical attention.
Arthur Stevens has more

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Sunday, June 26, 2016

Brexit on agenda as Sec. Kerry heads to London, Brussels

U.S. Secretary of State John Kerry is en route to London and Brussels for talks following the so-called Brexit vote.

After meetings in Rome, he told reporters that the voice of the voters must be respected, that, quote,  "In a democracy, when the voters speak, it is the job of leaders to listen.

Our U.S. correspondent Priscilla Huff has a preview:

IN: "The one thing...
OUT:  SOC
DUR: 47
POT: 38


***
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Results of Spanish parliamentary elections closely watched

According to exit polls after Spain's parliamentary election, two leftist parties have enough seats to form a coalition.
 
That also means the conservative People's Party of acting Prime Minister Mariano Rajoy is short of a majority.
 
Our Europe Correspondent Kevin Ozebek has more from Brussels.

IN:  "The people's...
OUT: ...Ozebek, Brussels."
DUR: 38


***

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24 dead in West Virginia flooding

At least 24 are dead in flooding across in West Virginia, and more rain is forecast to fall.

Thousands lost power and the historic luxury resort the Greenbrier had to cancel a golf tournament and convert itself into a shelter for more than 200 left homeless.

West Virginia Governor Joe Manchine told the Fox News Channel, the waters rose quickly.

IN: "Waters just ... 
OUT:...were stuck." 
DUR: 10


As the rescue and recovery efforts continue, West Virginia Governor Joe Manchine told the Fox News Channel he's thankful for the rapid response of the federal government.

IN: "I want to...
OUT: ...this high."
DUR: 15


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Time not on side of Yemen people - Ban Ki-Moon

United Nations Secretary General Ban Ki-Moon is urging the delegates to a peace conference in Kuwait to find a compromise, because time is not on the side of the Yemeni people, with nearly 9,000 killed since March 2015 in civil war.

His warning came as reports of Saudi airstrikes killing seven in Khawlan district, southeast of the capital Sanaa.

At the conference, Secretary-General Ban Ki-Moon said the delegates have a moral and political responsibility to secure peace.

IN: "Whilst the ...
OUT: ...serious responsibility."
DUR: 26


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Panama officially celebrates renovated canal

A Chinese cargo ship was the first boat to official make its way through the renovated Panama Canal, after more than $5 billion in renovations.

The canal was originally built more than 100 years ago under U.S. leadership and revolutionized the shipping industry.

In an interview with American Public Broadcasting's the PBS NewsHour,  David Brancaccio of the radio show Marketplace explained why the Panama canal needs to be even bigger today.

IN: "Ships have....
OUT: ...United States."
DUR: 24


PRONO: bran-KAH-chee-oh

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Muddled picture of U.S. presidential race - polls

Hillary Clinton's lead over Donald Trump could be on a knife's edge or a vast chasm, it just depends on which poll.

A series of recently released public opinion surveys on the 2016 U.S. presidential race paint a muddled picture.

Our U.S. correspondent Priscilla Huff reports:

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DUR: 43


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UK political fall-out continues over EU referendum result

The political fall-out of last week's UK-EU referendum continues - with a string of Labour shadow-cabinet ministers quitting...

The Labour leader Jeremy Corbyn is coming under increasing pressure to resign over his handling of the party's Remain campaign.

Our UK correspondent Dan Whitehead reports...

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Hammond warns of "catastrophic" loss of access to European single market

Britain's  Foreign Secretary is warning it will be catastrophic if the UK loses access to the European single market in the wake of the country's vote for a so-called Brexit, an exit from the European Union.

Philip Hammond also told ITV's "Peston on Sunday" program that the cabinet will remain in place until a new Prime Minister is chosen.  On Friday Prime Minister David Cameron gave notice he will step down after a defeat for his Remain campaign for the UK stay part of the European Union. 

Mr Hammond said there would be no rush to serve the Article 50 notice, the official trigger that will start a 2 year period for the UK to negotiate its exit from the European block.  However he warned the negotiating stakes are high when it comes to trade. 

IN: "I believe  . ..

OUT:  … catastrophic. "

DUR: 16 seconds

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Hammond questions Britain's ability to represent Gilbratar following Brexit vote

Britain's Foreign Secretary Philip Hammond says the UK will be less able to protect the British enclave of Gibraltar from outside the European Union.  This comes after the country voted to leave the EU block in a referendum last week. 

Spain, which claims the territory, has already announced it will seek joint sovereignty of the area known as The Rock following the vote. 

Gibraltar voted overwhelmingly to remain part of the EU as it is highly dependent on trade links with Spain. 

Mr Hammond told ITV's "Peston on Sunday"  show it was an uncertain time for Gibraltar residents. 

IN: "We will be  . ..

OUT:  … in Gibraltar. "

DUR: 26 seconds


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