Monday, June 15, 2015

No deal in Greek debt talks

European stock markets have opened lower after weekend talks between Greece and its international creditors ended without a deal.

The European Union says significant gaps remain as Athens tries to come to an agreement to unlock 7 point 2 billion euro in bailout funding.

Our Europe correspondent Jack Parrock reports.

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EUROPEAN SHARES DROP AFTER GREEK TALKS FAIL

European stock markets have opened lower after talks on Greece failed again on Sunday.

'Significant gaps' remain between Greece and its international creditors according to European officials.

Europe wants Greece to promise significant reform in exchange for the unlocking of bailout funds that Athens needs to avoid bankruptcy.

Pension reform reportedly represents a major obstacle to agreement, with Greece refusing to cut pensions further.

Correspondent Olly Barratt says time is running out for Greece.

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People Smuggler bribes - Australian government refuses to answer

Australia's Prime Minister has turned his back on the opposition in federal parliament after they moved to censure him over his failure to deny reports that people smugglers have been paid by Australian officials to return to Indonesia.
Arthur Stevens reports

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Sunday, June 14, 2015

UN Talks On Yemen Crisis Start In Geneva

For the first time since the Yemen conflict began, warring sides including Houthi rebels, will be sitting down, face to face, in U-N-brokered talks.


Yemen's internationally recognized government and oppositions groups are slated to meet in consultations Monday, in Geneva.


UN Correspondent Liling Tan has the details.


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17 year old Islamic State attacker thought to be UK's youngest suicide bomber

The family of a 17 year old British man say they are devastated to learn he died carrying out a suicide bombing mission in Iraq, on behalf of the Islamic State. 

Talha Asmal was one of four bombers who attacked Iraqi forces near the country's largest oil refinery near the city of Baiji in the north of the country. 

From London, Catherine Drew reports. 

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Clinton advisers sidestep question of support for Asia-Pacific Trade deal

Aides close to Hillary Clinton say that the would-be Democratic Presidential candidate is "reserving judgement" on President Obama's proposed free trade deal with the Asia-Pacific region.


Mrs. Clinton has come under fire for refusing to say whether she backs the agreement, which is facing enormous legislative hurdles on Capitol Hill.


Our Washington Correspondent Simon Marks reports.


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UK MARKS MAGNA CARTA 800TH ANNIVERSARY

Events are being held in Britain to mark the 800th anniversary of the Magna Carta, considered one of the most important moments in the history of democracy.
Queen Elizabeth II will lead dignitaries at commemorations at Runnymede (on Monday), where the charter was signed in the year 1215.
UK correspondent Olly Barratt reports.
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At least 9 dead, zoo animals loose, after Tbilisi flood

At least nine are people dead as well as a number of animals who escaped from the city zoo after severe flooding hit the Georgian capital Tbilisi.


Heavy rainfall on Saturday night turned the Vere river, which flows through the city, into a deluge.


As well as the human deaths, animals including tigers, lions, bears, wolves and a hippopotamus were loose on the streets after the waters damaged their cages. 


Some were tranquillised or killed but others were still on the loose into Sunday.


Tatiana Volynets (vol-i-NETS), a visiting businesswoman speaking from Tbilisi, says the damage is extensive.


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New York State Assembly to consider closing city schools for Asian Lunar New Year

New York’s State Assembly will consider a bill next week to make the first day of the Asian lunar calendar a holiday for New York City schools. 

The State Senate has already unanimously voted in favor of the decision. 


Mimi Chiahemen reports from New York. 

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Attention shifts to the Federal Reserve in the week ahead

This week on Wall Street all eyes will be on the Federal Reserve as they begin their two day meeting to discuss monetary policy.

Top of the agenda will be interest rates with my analysts expecting to see a rate hike as early as September.

William Denselow reports.

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Saturday, June 13, 2015

Six Ukrainian servicemen killed in Ukraine

Six Ukrainian servicemen were killed and 14 wounded in eastern Ukraine since Friday despite a ceasefire deal, according to the Ukrainian military. The situation is especially tense near the airport of the rebel-held city of Donetsk. Anya Ardayeva reports from Moscow.

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Friday, June 12, 2015

UNESCO condemns Sanaa Air Strikes radio


UN heritage body UNESCO has condemned airstrikes on the Old City of Sanaa in Yemen, a world heritage site.

The city was hit in a raid Friday morning that reportedly killed at least six people and destroyed as many as four historic buildings dating back to the 11th century.

Local reports say rescue teams and citizens are still trying to free people from under the rubble.

Zach Huskins reports.

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Huge Blow For Obama On Trade Deal

The US House of Representatives has dealt a huge blow to President Barack Obama's trade agenda, by preventing a bill granting him so-called 'fast track' authority from reaching his desk.

The House voted overwhelmingly to scuttle a trade package that he was hoping would lead to a speedy conclusion of negotiations on the 12-nation Trans Pacific Partnership deal.

Our Washington correspondent Lorna Shaddick explains.

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Claude Barfield is a resident scholar at the American Enterprise Institute in Washington. He says the result is likely to damage America's international standing:

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Claude Barfield, who's a resident scholar at the American Enterprise Institute in Washington, thinks the vote could send worrying signals to other countries, especially in the Asia Pacific region: 

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Net Neutrality Rules in U.S.

Net Neutrality rules have gone into effect in the United States.

Internet service providers had tried to get a court to postpone their implementation,  if only until the next legal action late this year.

But the court said the rules stand-- at least for now -- as Silicon Valley Correspondent Rachel Silverman reports.


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House Democrats strike down Obama's trade bill

On Capitol Hill, Democrats in the House of Representatives have struck down a key piece of Pacific Rim trade legislation heavily promoted by the Obama Administration.

Despite a last minute personal appeal by the President, the House voted 302 to 126 against the Trade Adjustment Assistance bill.

The assistance bill is linked to another signature piece of trade legislation for the President - the Trade Promotion Authority; that bill did reach a majority of votes, but without congressional approval of its fellow Trade Adjustment Assistance bill, it cannot be signed into law by Mr. Obama.

Although the move is widely seen as a major defeat to the Obama Administration, White House spokesperson Josh Earnest characterized the situation as a "procedural snafu" and expressed optimism that both pieces of trade legislation will be passed.

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In an unusual move, Republican House speaker John Boehner supports this trade bill, unlike his Democratic counterpart Nancy Pelosi.

White House Spokesperson Josh Earnest said the House vote was a bipartisan triumph.

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Paraguay ends diplomatic immunity for CONMEBOL, amid FIFA scandal

Paraguay's congress has voted to withdraw diplomatic immunity from the headquarters of the CONMEBOL, also known as the South America football confederation, located in its capital city Asuncion. 

The move comes as both US and Swiss authorities investigate football's governing body FIFA on charges of bribery and corruption.
 
Andrea Arenas reports. 

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North Korea says US targeting it with anthrax, calls for UN probe

North Korea has accused the United States of using anthrax on the Asian state, and called on the United Nations to investigate.


The request came in the wake of revelations that samples of live anthrax has been mistakenly sent to labs in several countries, including Pyong Yang's rival South Korea.


Liling Tan reports from New York.


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Rising cost of fight against Islamic State

America's decision to increase its military commitment in Iraq is becoming a political issue in the U.S.

The deployment of another 450 troops to Iraq brings the total number of US soldiers in the country to three and a half thousand. As John Clarke reports from Washington, there's also concern about the rising cost of the fight against the self-declared Islamic State group.

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Parents accuse US civil rights activist of "pretending to be black"

A prominent civil rights leader in the United States has been accused by her own parents of pretending to be black.


Rachel Dolezal (PRON:  DOLL-EH-ZAL)  heads a leading African-American organization in Washington state, but her Mum and Dad say the 37 year-old is white.


Our US Correspondent Simon Marks reports.


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President Obama Facing Trade Showdown on Capitol Hill

US President Barack Obama has been lobbying members of his own party on Capitol Hill in Washington, ahead of what looks to be a tight vote in the House of Representatives on whether to grant him fast track trade authority in order to advance a landmark trade deal with Asia.

The Senate has already backed the measure, but it's opposed by many House Democrats, along with some Republicans. 

Our Washington correspondent Lorna Shaddick reports.

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 Claude Barfield, a former consultant to the US Trade Representative and a resident scholar at the American Enterprise Institute, says the vote is key for President Obama's legacy: 

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