Thursday, February 19, 2015

Germany rejects Greek loan request

Germany has rejected Greece's request for a six month loan extension, with the German finance ministry saying the proposal is 'not substantial'. 

As a result, Greece's future in the Eurozone remains in doubt.

Our correspondent Ira Spitzer reports from Berlin.

IN: Hopes of an…
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DUR: :37

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Cameron downplays Russian aircraft incident



Britain's Prime Minister David Cameron has downplayed an incident in which two Russian military aircraft were spotted off the UK's south west coast on Wednesday. 

Royal Air Force jets were scrambled after two Russian military aircraft were spotted near Cornwall, although in international airspace. 

Following the incident, British Defense Secretary Michael Fallon said that there is a 'real and present danger' of Russia attempting to destabilize some Baltic States, which are members of NATO.

British Prime Minister David Cameron said the Russian aircraft incident was not significant. 

IN: "At no time...
OUT: ...response."
DUR: 22 SECS



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"Self defense" claims British soccer fan over Paris subway incident

One of the British soccer fans who allegedly prevented a black resident of Paris from boarding a subway train in the city on Tuesday has described the incident as an act of "self defense".

In a cellphone video, the Chelsea fans can be heard chanting "we're racist, and that's the way we like it" after the man made several attempts to board their train carriage.

The man at the center of the incident has told a French newspaper he believes his attackers should be punished.

But one of the fans who claims to have been on board the train told Britain's LBC Radio that the man was the aggressor, not the soccer fans.

IN:  "What it was…."
OUT: "…it was self-defense"
DUR:  12 seconds


(ALT)

But one of the fans who claims to have been on board the train told Britain's LBC Radio that the incident is being blown out of proportion by the media.

IN:  "I'd say…."
OUT:  "…as usual"
DUR:  24 seconds

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Greece submits loan extension.

Greece has formally submitted its request for a six month loan extension on Thursday that will keep the country afloat while it negotiates a new bailout deal with its international creditors. 

The proposed loan will buy Prime Minister Alexis Tsipras and his majority left wing government some time to negotiate more growth-friendly program with the ECB and European Union, after it's current rescue deal runs out in a little more than a week.

Greece's possible new loan renews hope that the country will able to secure much-needed financial assistance and avoid crashing out of the euro due to a weak banking system and upcoming repayments to the IMF.

But it's unclear whether Thursday's request signals enough commitment from Athens to stick to agreed reforms.

Finance Ministers from the single currency group will now meet on Friday to discuss Greece's offer, amid remarks from Germany that no loan could be made without conditions.

But Chief Strategist for Belgian-based BNP Paribas bank Philippe Gijsels, says there's been reluctance to bow to Greece's demands due to fears that other countries would follow suit.  

IN: "Well in the..."
OUT: "...situation."
DUR: 39 seconds 


ALT

But Chief Strategist for Belgian-based BNP Paribas bank Philippe Gijsels, that even with the financial turmoil Greece is going through, the markets have remained remarkably calm. 

IN: "First of all..."
OUT: "...volatility." 
DUR: 38 seconds 


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Russian military aircrafts escorted off UK coast

Britain's Ministry of Defence has said that two Russian military aircrafts were spotted off the UK's south west coast on Wednesday.


It comes after comments made by the British Defence Secretary, Michael Fallon, that there is a 'real and present danger' of Russia attempting to destabilise some Baltic States


Our UK correspondent Natalie Powell reports…


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Ukraine calls for a peacekeeping force

INTRO: Ukraine's president Petro Porosheko has called for United Nations peacekeepers to be deployed to eastern Ukraine. His statements comes after Ukrainian troops withdrew from the strategic transport hub of Debaltseve. Anya Ardayeva reports from the Russian capital.

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Fallon warns of Russian attempts to destabilize Baltic states

Britain's Defence Secretary says there is a "real and present danger" of Russia trying to destabilize the Baltic states.

Michael Fallon says he's concerned about pressure from Russian President Vladimir Putin on the NATO member states of Latvia, Lithuania and Estonia.  From London, Catherine Drew reports. 

IN: Speaking to..
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DUR: 32


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Imported frozen berries implicated in Australian Hepatitis outbreak

Australian Prime Minister Tony Abbott has assured Australians all berry products involved in a Hepatitis A outbreak are being screened.
Arthur Stevens reports

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Australia accused of threatening Indonesian relationship over Bali two

Australia's Prime Minister Tony Abbott says he was simply pointing out the depth of the friendship between Australia and Indonesia when he linked foreign aid to the fate of Myuran Sukumaran and Andrew Chan, but that's not the way it's been interpreted in Jakarta.
Arthur Stevens reports

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Two cyclones inbound for the Australian coast

It's been a quiet summer in Australia for cyclone activity, but when it happens it happens in pairs, with both Queensland and the Northern Territory bracing for cyclones.
Arthur Stevens has more

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Wednesday, February 18, 2015

Libya asks UN Security Council to lift arms embargo so it can better fight extremists

{SUGGESTED INTRO}

Libya has called on the UN Security Council to lift an arms embargo on the country so it can better defend itself against extremist threats.


Libya's foreign minister made the request during an emergency Security Council meeting held days after a multiple execution of Egyptian Coptic Christians that prompted swift strikes from Cairo against Islamic State targets in Libya.


Liling Tan has the details.


IN: "The need to lift…"

OUT: "… Liling Tan, New York."

DUR: 37 seconds


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Obama says military alone cannot defeat violent extremism

President Obama says military action alone cannot defeat the threat of violent extremism.


He was speaking in Washington where he's hosting a White House summit on how to combat the problem.


Our US Correspondent Simon Marks reports.


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Weapons withdrawal is under way in Ukraine

INTRO:  There are reports from both sides of the conflict in Ukraine that the withdrawal of heavy weapons from the frontline has begun. The pullback is also taking place in the town of Debaltseve, which has seen fierce fighting in recent days despite the ceasefire. Anya Ardayeva reports from Moscow.

IN: "Debaltseve is a major..."
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DUR: 28 seconds

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OUT: "…to the rebels"
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Bill Scheide bequeaths $300M in rare books to Princeton in university's largest donation ever

Princeton University has been bequeathed the six earliest printed Bibles and original copies of Shakespeare's works.

The donation is thought to be worth $300 million.

Liling Tan reports.

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US warns Greece "time is of the essence"

Washington is warning Athens that the time is now to make a deal.

U.S. Treasury Secretary Jacob Lew spoke by telephone to Greek Finance Minister Yanis Varoufakis about the prospects for a bailout.

Our Washington correspondent Priscilla Huff reports:

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DUR: 35


***
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Russia Offered Uganda oil Refinery deal

Intro

The Uganda Government has announced  the selection of Russia's RT Global Resources as the preferred bidder for a multi-billion dollar Oil Refinery project.

RT Global is a subsidiary of Russian defence company Rostec.  The tender is the first such achievement by a Russian company in Africa.

Michael Baleke reports from Kampala 


Script;


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Uganda's energy minister said in a statement that the process of selecting a lead investor for Uganda's refinery project was highly competitive.

 

The negotiations to select a lead Investor had been a dead heat between Russia's RT Global and South Korea's SK group.

 

The project will now be developed under a public private partnership arrangement with the government  of Uganda holding 40% equity.

 

The 3 billion dollar project involves the development of a refinery with a capacity of 60,000 barrels per day, development of crude oil and product storage facilities on site as well as a 200 kilometre pipeline to a terminal near the capital - Kampala.


The first phase of the refinery is expected to be in place in 2018


Am Michael Baleke reporting from Kampala.


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Jury selection begins in Silicon Valley gender-bias case

Jury selection is set to begin in a sexual discrimination case that pits one of Silicon Valley's most powerful venture firms against its former partner.

Ellen Pao — now acting CEO of social media site Reddit — is seeking $16 million from Kleiner Perkins Caufield & Byers, alleging the firm discriminated against her and other women.

Rebecca Bowring reports from San Francisco.

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US police apologize to India after paralyzing Indian man



The governor of the US state of Alabama has apologized to Indian officials after an Indian man was paralyzed during an altercation with police. 

An officer threw 57 year old Sureshbhai Patel to the ground after approaching him for questioning, following reports of a suspicious person walking around his neighborhood.

Our US correspondent Rebecca Foster reports.

IN: "In a letter..."
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DUR: 44 seconds


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Greek government to submit loan extension request

Greece has announced it will ask for a temporary loan extension on Thursday, to give the country between 4-6 months to negotiate a lasting financing solution with eurozone creditors.

But already, EU officials and Germany's finance ministry have said no loan will be available to Athens if it doesn't adhere to existing bailout rules.

Our Europe correspondent Sandra Gathmann reports. 

IN: "A Greek government..."
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DUR: 37 seconds

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US eases restrictions on sale of armed drones

The United States is changing its policy on the sale of armed drones.

The new export regime will make it easier for friends and allies of the United States to acquire the weapon systems, which have become a frequently-used tool in the struggle against terrorism.

As Malcolm Brown reports, the US is trying to ensure that the controversial technology is not abused. 

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