Monday, June 27, 2016

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. 


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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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Sturgeon raises prospect the Scottish parliament could veto Brexit legislation

Scotland's First Minister Nicola Sturgeon says the Scottish Parliament could veto the UK's departure from the European Union by refusing it's legislative consent.

Her comments follow previous warnings that a British government should not stand in the way of a second referendum on Scottish Independence.  Opinion polls of Scottish voters show strong support for a break with a post-referendum Britain.  Scotland voted overwhelmingly to remain part of the EU while the UK as a whole voted to opt out. 

It's not yet clear what legislative steps would be needed for the UK to breakaway from the European Union.   Speaking to the BBC's Sunday Politics Scotland program she said she imagined the so-called Brexit would require legislation and that she would advise her SNP majority party in the Scottish Parliament not to pass such a measure. 

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OUT:  … people of Scotland. "

DUR: 31 seconds

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OUT:  … situations." 

DUR: 13 seconds

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Wall St prepares for more Brexit uncertainty

Global markets are bracing themselves for more uncertainty following
the UK's decision to leave the European Union.

After a disastrous Friday's trading on Wall Street domestic US data
may not make much of an impact this coming week.

Nick Harper reports from New York.

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US designates first national LGBT monument

US President Barack Obama has designated the first national monument for the LGBT community.

The Stonewall Inn in New York’s Greenwich Village was the site of an uprising that sparked the LGBT rights movement.

Our US Correspondent Radmilla Suleymanova has the story.

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Labour's sacked Benn says Corbyn must go

The leader of Britain's opposition Labour party, Jeremy Corbyn is fighting for his job after a number of his own MPs have called for him to step down, following the UK's vote to leave the European Union last week. 

Up to half the shadow cabinet are expected to resign, following Jeremy Corbyn's sacking of Shadow Foreign Secretary Hillary Benn.  This came after it emerged Mr Benn was organizing a coup to replace the Labour leader. 

Jeremy Corbyn has been accused or a lackluster performance when campaigning for Britain to remain part of Europe. A motion of no-confidence in him will be debated and voted on by MPs this week.   The political and financial upheaval that has followed the Brexit vote has raised the prospect that a General Election could soon be called. 

Hillary Benn told the BBC's Andrew Marr Show why he believes Mr Corbyn must go now. 

IN: "He's a good . ..

OUT:  … I've done. 

DUR: 18 seconds


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EU Says How UK Can Trigger Article 50

The European Union says the UK can officially inform it of its intention to leave in the form of either a letter or a speech.

And there's growing pressure from EU Leaders for the UK to make that official notification.

Our Europe Correspondent Kevin Ozebek has the latest from Brussels.


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Britain's Labour party is chaos after sackings and resignations


Britain's opposition Labour party is in chaos after a high-profile sacking by leader Jeremy Corbyn in the wake of the UK voting to leave the European Union.     Up to half of his shadow cabinet are expected tor resign after Mr Corbyn sacked his shadow Foreign Secretary Hillary Benn.  

Mr Benn had made it known he had lost confidence in Mr Corbyn and called for him to step down.   This comes as other Labour MPs had tabled a vote of no confidence in Jeremy Corbyn which is due to be discussed this coming week. 

Jeremy Corbyn has been blamed for being out of touch with traditional Labour supporters who voted in their millions for the UK to leave the EU, despite Labour's campaign for Britain to stay in Europe. 

As he left his home, Hillary Benn told reporters how his sacking had come about. 


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OUT:  …very much. 

DUR: 23 seconds


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Saturday, June 25, 2016

British EU commissioner Lord Hill steps down after brexit vote

The UK's most senior EU official Lord Jonothan Hill has resigned from his position in the European Commission.

It's the first major resignation since the UK voted to leave the European Union.

Jack Parrock is in Brussels.

IN: "In his statement..."
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DUR: 41 secs 


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UK ATTEMPTS TO DEAL WITH BREXIT FALLOUT

A second possible Scottish independence referendum is being prepared following Britain's vote to leave the European Union.

It comes with British officials scrambling to respond to the Brexit decision.

As Olly Barratt reports from London with the latest developments after the historic vote.

IN: "Scotland's 
OUT: SOC 
DUR: 49 seconds 

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