Wednesday, November 26, 2014

EU reveals 300 billion investment and jobs plan

The European Commission has announced a 315 billion euro investment plan to help boost Europe's competitiveness.

The focus of the plan will be to stimulate fresh infrastructure, including broadband, energy and transport networks as well as educational and industrial projects.

The EU hopes the measures could add between 3 and 4 hundred billion euro to the EU's GDP over the next three years and help create more than a million jobs. 

A new investment fund of 21 billion euro managed by the European Investment Bank will only use 8 billion euro of the EU's own budget to start, with the hope of raising the 300 billion euro total through private contributions.

In a speech to the European Parliament, EU Commission President Jean Claude Juncker said austerity drives to reform Europe's economy would continue, but that attracting investment should be the new priority.

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In a speech to the European Parliament, EU Commission President Jean Claude Juncker says Europe has fallen into an investment trap.

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Report says eurozone economy is "grinding to a standstill"

The eurozone has been called a "major risk to world growth" in a report from the Organisation for Economic Cooperation and Development.

It calls on the European Central Bank to introduce more quantitate easing as a way to stimulate growth in the stagnating european economy.

Jack Parrock reports.

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Russian business leaders silent over estimated tens of billions in sanctions damage

Russian business leaders are remaining tight lipped about the possible consequences of western sanctions on Russia over its actions in Ukraine.


Russian newspaper Vedomosti is hosting representatives of some of the country's biggest companies at a financial conference in Moscow.


But while they were keen to talk up the potential of business in Russia, there was silence over the sanctions that Russia's finance minister says could have cost the country $40 billion.


Jake Rashbass reports from the conference.


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Germany adds boardroom quota for women

The German government has put forward a draft law that 30% of boardroom positions in certain companies must be held by women. The move came about because the leadership of many German companies is still male-dominated.

Ira Spitzer reports from Berlin.

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Key Iraq city "on verge" of falling into IS control

Islamic State fighters are reported to have entered the centre of Ramadi, the provincial capital of Iraq's largest province...

The city is around 110 kilometres west of Baghdad, with security officials warning the city is on the verge of falling to the extremists.

The gain would be Islamic State's most significant victory in months.

Our correspondent Olly Barratt reports from Erbil, in northern Iraq's Kurdistan region...

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France suspends warship delivery to Russia, "until further notice"

France has suspended, "until further notice," the controversial delivery of a helicopter carrier warship to Russia.


The Vladivostok was due to be handed over last month, but Russia's actions in Ukraine delayed the delivery.


Tom Barton reports,


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Ferguson Protests Spread To Cities Across The US


Protests have taken place across the US after a jury's decision not to indict the police officer who shot dead an unarmed teenager in Ferguson, Missouri.

Crowds demonstrating against the shooting of Michael Brown gathered in cities including Chicago, Atlanta, Boston, Los Angeles and Seattle - most remained peaceful.

One of the largest demonstrations took place in New York City, stretching for several blocks in and around Times Square, with protestors shouting slogans in solidarity with the Brown family: 

IN: The whole damn...
OUT: ...don't shoot
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These demonstrators in New York explained why they felt the need to turn out:

IN: You know, I'm...
OUT: ...this to happen
DUR: 13 seconds


Our US correspondent Lorna Shaddick tells us more about some of the protests that have been going on from coast to coast across the US on Tuesday night: 

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US-Led Raid Rescues Eight Hostages in Yemen

American officials say US Special forces and Yemeni troops have rescued eight hostages, who were being held in a remote part of eastern Yemen by Al Qaeda's affiliate in the region.

The freed captives - six Yemeni citizens, a Saudi and an Ethiopian - were unharmed, but seven of the militants were killed.

Lorna Shaddick reports from Washington.

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Ferguson Officer 'Feared For His Life' When He Shot Michael Brown

The US police officer who shot dead an unarmed black teenager has said that he opened fire because he feared for his life.

Officer Darren Wilson, who killed Michael Brown in the town of Ferguson, Missouri, added that he'd never before fired a weapon while on duty.

The incident sparked two weeks of riots immediately after it happened in August, and more deadly violence on Monday night. 

Speaking in an exclusive interview with ABC's World News Tonight host George Stephanopolis, the 28 year old said his conscience is clear and he wouldn't change his actions:

IN: At that time...
OUT: ...gets to me
DUR: 11 seconds


Darren Wilson told ABC's World News Tonight host George Stephanopolis that after an initial confrontation at his police car, Michael Brown turned around and charged at him:

IN: And what I...
OUT: ...to shoot me 
DUR: 8 seconds

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Ferguson Law Enforcement Officials Welcome Extra National Guard Troops

Law enforcement officials in the US town of Ferguson have welcomed a decision to deploy an extra 1500 National Guard troops to the area on Tuesday night.

Governor Jay Nixon of Missouri ordered the move after Monday night's violence, which came when a grand jury decided not to indict a white police officer who shot and killed an unarmed black teenager.

The Chief of St Louis County Police Department, Jon Belmar, said the decision to deploy the extra troops would help his team:

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OUT: ...some different dynamics
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Missouri State Highway Patrol Captain Ron Johnson said law enforcement officials will be working to ensure residents stay safe:

IN: ...Tonight we will...
OUT: ...have are maintained
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Missouri State Highway Patrol Captain Ron Johnson admitted that National Guard troops were taken by surprise by the violence on Monday:

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Chief Jon Belmar of St Louis County Police defended and praised the actions of law enforcement on Monday night:

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Chief Jon Belmar of St Louis County Police urged Ferguson residents to respect the memory of Michael Brown, the teenager who was shot in August:

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Tuesday, November 25, 2014

Obama: 'Frustrations' of Ferguson Protestors 'Have Deep Roots'

US President Barack Obama has said that the concerns of protestors in Ferguson, Missouri are 'rooted in realities' and 'not just made up'.

Making the comments as part of an address to community leaders in Chicago about immigration reform on Tuesday, Mr. Obama said that the anger of the demonstrators in Ferguson is about a real and deep-seated problem: 

IN: The frustrations that...
OUT:... just made up
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President Obama also drew attention to the non-violent demonstrations that took place across America in response to the verdict:

IN: But what we...
OUT: ...conversations to have
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The President drew applause when he said he would support those who wanted to work constructively to improve things: 

IN: So my message...
OUT: ...work with them(applause)
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Mr. Obama said the Attorney General will be setting up meetings nationwide to try and improve trust in communities: 

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Obama condemns Ferguson violence, pledges national conversation on trust in police

US President Barack Obama has again appealed for calm in the St. Louis suburb of Ferguson, amid fears that a tripling of the Missouri National Guard force on the streets could spark further violence.


The President also said he's launching a series of national meetings to discuss ways in which American police can improve their relationship with the communities they serve.


Our Washington Correspondent Simon Marks reports.


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The President told an audience in Chicago that he understands the intense reaction to a Grand Jury decision not to press criminal charges against the Ferguson policeman who killed the unarmed 19 year-old, Michael Brown.


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President Obama condemned the violence in Ferguson, and those who carried it out.


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Nothing good comes of destruction - Obama on Ferguson

U.S. President Barack Obama is calling upon local and national leaders to work together to solve the problems highlighted by the death of Michael Brown in Ferguson, Missouri.

The suburb of St. Louis was witness to peaceful protests, violent riots and arson after a grand jury failed to indict Officer Wilson for the death of Michael Brown earlier this summer.

Speaking at an event in Chicago, U.S. President Barack commented on Ferguson, urging calm and cooperation.

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Missouri Governor triples National Guard force in Ferguson

The Governor of the American state of Missouri says he is tripling the size of the National Guard force in the St. Louis suburb of Ferguson, amid fears that there could be another night of rioting there.


Protesters across the US are demonstrating a Grand Jury decision not to prosecute the police officer who killed unarmed black teenager Michael Brown in August.


Our US Correspondent Simon Marks reports.


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Iran extension is just an extension - US

The Obama administration says, the extention of the talks with Iran on its nuclear programme is just that, only an extension.

Iran's Supreme Leader Ayatollah Ali Khamenei posted a statement that Western powers had failed to bring his country to its knees.

Our Washington correspondent Priscilla Huff has an update:

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Pentagon denies any 'bad blood' between Hagel and White House

Pentagon spokesman John Kirby insists there is no connection between Defense Secretary Chuck Hagel's resignation and the U.S. campaign against Islamic state militants.
The outgoing defense secretary has vowed to remain on the job until his successor is confirmed by the Senate. 

The Pentagon spokesman also rejected reports of bad blood between Chuck Hagel and the US President.  

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40 arrests after Oakland, CA. protests in solidarity with Ferguson

40 people have been arrested in the California city of Oakland after protests broke out overnight.

Hundreds of people took to the streets following the grand jury decision not to indict a white officer in the shooting of black teenager Michael Brown in Ferguson, Missouri.

Rebecca Bowring reports.

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Protests in LA following Ferguson decision

Protests over the grand jury decision in Missouri not to indict a Ferguson police officer also reached Southern California.


A number of arrests were made and demonstrators spilled onto a freeway in Los Angeles.


Our Los Angeles correspondent Verity Geere reports.


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Accusations fly after lack of Ferguson indictment

Attorneys for the family of Michael Brown claim the evidence was presented improperly and Officer Wilson should have been indicted.

Ferguson, Missouri saw protests and looting after the local prosecutor failed to indict the officer who shot Michael Brown.

Attorney Anthony Gray says the evidence speaks for itself, justice was not served.

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Attorney Benjamin Crump says none of this would be an issue if all police officers wore cameras and recorded their actions.

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OUT: ...be transparent."
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New calorie count rules for US

The U.S. Food and Drug Administration has issued new rules requiring many restaurants and quick service food outlets to list calorie counts on their menus.

The agency says, the goal is to help Americans make better choices, at a time when obesity and associated health problems such as diabetes are on the rise.

Our Washington correspondent Priscilla Huff reports:

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