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tv   [untitled]    January 1, 2022 4:30pm-5:01pm AST

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in managing such type of test on my should we use groups or not a coaching, be the political system way, where the government for the 1st few weeks ago, it was a very same groups that most reports for the talk, the house of the prime minister. what the government can do now is just wait for the government to before because they know it's a current government. although a lot of sources claim that this i just movement might push for a problem. this, they're called me for another term, but they are dealing with the messages here. they know it's not really something, but they're actually trying to do, or we're actually attacking the, the foreign forces or the us forces of the always claim to do. the main messages here is that they, they still enjoy a powerful fan base across the country. it's messages to this i just movement, roughly one to be a part of the a consensus. government is sort of a majority government. they are ensuring that the, my toy character, city money and why this is still very significant and their political identity. and
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it's also an opportunity to convince their followers and support there is that the elections is not the end goal for them to be in the government. there are also different ways of pressuring the upcoming cabinets or the upcoming pi mr. to include them in a consensus government to what degree is what is going on is fueled by the economic situation. not really, i wouldn't, i wouldn't believe the economic situation is very related here. these protests are very politicized. they are led and administered by political groups and armed groups that themselves attacked protesters from the sober protest movement that were dominated oriented and motivated by, by unemployment rates and political sectarianism and security issues. so i would be very careful with comparing the protest today from these on groups and the protests
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of actual civil society activists that i've been taking place over $29.00. were at the beginning of a new year. do you see these process in this kind of protest gaining momentum not as is used to be. i'm seeing the momentum of the pro iran, a groups within the key, and that's extremely decreasing. since the october put this movement. they, as we mentioned, they were a major part of the political violence and was conducted against these protesters. and v electoral defeat is a great reflection of their extremely decreasing across the country. they can get hundreds of thousands of people protesting, but they will never be able to whitewash or what shall way the memories of the little violence that they committed against civil society, activists and, and activists. there's a soon looked over a 2019 and way before that i think the negotiations between the subject movement
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and the federal law and the state of floor and all the coordination framework parties might take weeks if not months to name a prime minister. however, i don't believe it will, it will, it will leave a major reflective pressure on the government as they used to be before october 20 as they don't know. how can we appreciate your perspective? thanks very much. indeed. now saturday mark's 20 years since the year a currency entered into circulation. european central bank mark event on years eve, the light display in blue and yellow, representing the colors of the block. the arizona currency was 1st introduced back in 1999 with coins and bank notes be launched in 2002 dominic cane is more from berlin. 20 years ago it was a novelty, a new currency across much of europe. as one central bank took on responsibility for the monetary policy of hundreds of millions of people, for much of its 1st decade,
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the eurozone seemed to prosper. but then came the global financial crisis with the greeks leading a succession of ease states, unable to pay their national debts and close to defaulting on them. and therefore, dropping out of the euro club, brussels became the place the seemingly endless meetings of ant bailout packages. with growing tensions between rich and northern and porous, southern european members states between 20102012. there are endless predictions that the euro is going to fall apart, or at least it would lose it. some of its weakest members like, like greece, in the end, none of those forecast came true when the covey pandemic seemed to shake the integrity of the euro zone, angular merkel, and a manuel mac haul. solve the crisis with the so called corona barnes. effectively using the assets of the rich member states to guarantee the debts of the worst hit nations. now the e. c, b 's main fo is inflation driven by fast increasing energy prices and supply shortages when the euro was being dreamt up. some one that if the plan was
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a currency to challenge the dollars supremacy to day europe has managed to establish itself as the 2nd global most important through currency concerned, for example, of the m for ex market thorough that market and in the international payments. so for example, it's raleigh's, almost equal to the dollar. the driving force behind the single currency comes from paris and berlin. the new german government will continue to closely cooperate, messy french government. and i assure you that c franco, german tan then vill stay essential. fozzy father development of the european union and the european monetary union opinion polls both across the euro zone and the wider e. you suggest broad popular support for the single currency. a trend that has been
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stable throughout its existence. 20 years ago, hundreds of millions of europeans had to adapt to the new notes and coins in their pockets. and soon they may have to again, because the e. c. b has announced an overhaul of the look and feel of its cache dominant cane al jazeera berlin. all right, let's take this on. we can speak to steven barber, who's a professor of global affairs at regent's university in london, and joins us now live from there. at stephen, barbara, what's your assessment of how the year? oh, has weather the various challenges and storms of the past years? it's interesting, isn't it because it is creation. it's had to whether these are the storms and you know, if you go back for 15 or so years ago, there was, there was serious talk of it becoming the, a rival to the dollar. and that was true within opec of
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maybe even denominating oil with in euro's, alan greenspan serious, the speculated about the euro replacing the dollar. and that hasn't happened. it possibly hasn't happened because of the, the crises that the ones that you're your package referred to. but it did emerge from that, so we're in debt crisis with much stronger institutional structures, much more in the ability to intervene in creating stability, an individual member states. and we see that again in the, the, the most recent and interventions in, in economies to to support them throughout this coping crisis. that it's only whether those storms and one is not challenging the dollar in any serious way as a, as a global reserve currency. it has established itself pretty firmly as a major global currency. yeah, the dollar is still the boss, but is there any hope that they are at some point in the future,
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challenge it for world currency domination. it is difficult to see that happening any time. soon, i mean, if you just just compare it, it is number 2 is number 2 in terms of the amount of currency traded. but almost all of the country traded for the euro relates to a economist that are within the euro's, and that's not true of the dollar, which is the reserve counties, 80 percent never go anywhere near the united states. the euro is 2nd in terms of reserves held in central banks, but the dollars from that 60 percent, the euro is just 20. so it's, it's a distance. second. that said it, it serves the needs of the $350000000.00 people within the year is another handful of countries and, and dependencies which use it 2022 or the county which have that. they're counted pegs to the euro at which,
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which compared to the dollar. so while it's not challenging, in terms of being a reserve currency or the reserve currency is certainly still a significant player on our, in global markets. right. and how entwined is the area with the overall european project? would you say? and the fact that not all member states by any means you 0. yeah, i mean, i think it's, it's integral to the european project. and sometimes we, we forget that the european project is fundamentally at a political project. but you know, that the, the maastricht treaty signed in 1090 to commit new members to joining the euro when i, when they meet the conversion criteria. and of course, the number of members i has grown from from the 11 back in 1999. there are 2 others. now creation will get that within the exchange rate mechanism. and we'll
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have done that 2 years in that in this coming summer. so we'll be eligible to join . so it is quite clear that the european union and maintains the this in the country is a core part of it of its project. and that project is, is just a political as it is, as it is economic. and then there was breaks, it would impact the breaking have of your well it's it's, it's interesting isn't it, when you, when you think back to those basic negotiations, the one thing that brussels was steadfast about was maintaining the integrity of the single market. and britain was the biggest economy within the single market that was not in the europe, and in that sense was quite a useful counterbalance to the, to the years. and now with the british economy gone, that power balance within your purse has shifted. and i think it would be interesting to watch that trend as be and as we move into,
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into the coming years to see if the pounds really does shift from the single market, which is driven the european projects in recent decades to pass the years. and as being the coal driver with that franco german access it center. steven, good to talk to you. i appreciate your analysis that steven bob, a professor global as regions university london. thank you. thank you. what as we've just been hearing the adoption of the euro, brought some challenges for some european states, one year as a member nearly destroyed the currency altogether. as a result, jones wrote with reports now from it was a moment of enormous pride, greek prime minister cost assuming this made the country's 1st euro withdrawal from an atm inside the bank of greece, signaling the countries change over from the drachma a decade. long process of lowering budget deficits and double digit inflation had enabled grease to meet euros on criteria. and the trade off was credibility in
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international markets. greece could now borrow at 5 percent interest down from 25 percent, but there was a problem, governments over borrowed and largely to buy votes. it financed the increase of government consumption spending. ah hirings in the public sector, increases spectacular, in some cases, increases of salaries. when the subprime mortgage crisis hit us banks in 2007 lenders began to look more closely at bar, it was balance sheets, especially in the european south. current accounting balances that have been built than the net foreign debt that had been built in the south became unsustainable during the crisis when foreign investors and creditors realized that there was so much debt that had been built, that didn't been possible to service. ah, and that's how credit rates, when very high the spread when they high and,
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and the government crash shut out of markets. greece was forced to borrow from its eurozone partners on condition that had cut public spending. that brought protesters out on to the streets. they called for greece to default on its loans, which could have seen the euro come crashing down by encouraging enough traitors to bet against the currency. instead, between 20102018 greece performed the fastest and deepest spending cuts recorded in a developed economy. and also suffered the deepest postwar recession losing a quarter of its g d. p. unemployed swords to 28 per cent. all this happens through a political storm in which governments averaged 2 years in office. but this instability meant that eventually every major party signed on to austerity. the reason was that even in the depths of the crisis greeks overwhelmingly back to euro's own membership. if there were the act of a global yet,
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it was right to stand the euro because we don't have much of a primary sector. we don't produce many things that we import a lot. and if we don't have a strong currency to buy imports will suffer. what's herky suffering right now. it's currency is full against euro and the u. s. dollar to everything important is expensive. all of the greek crisis created a new institution. the european stability mechanism set up to lend to distressed euro's own governments and protect for currency from speculation. and it planted an idea, realised during the pandemic crisis of a common euro bombed greeks hope. the $750000000000.00 euro resilience and recovery fund will be the 1st step towards a more perfect fiscal union. jumps are hopeless. al jazeera athens for the new year brings whether the world's largest free trade agreement, which has come into force in the asia pacific region. the deal called the regional comprehensive economic partnership or asset was signed in 2020 in it's set to ease trade barriers between 15 nations, which includes china, japan, south korea,
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australia and new zealand, and 10 members of the association of south east asian nations. the dear lames to slash 90 percent of task between those countries. trade in the region was $2.00 trillion dollars in 2019. and the united nation says there are sept. could a boost at that figure by $42000000000.00. and that makes it larger than any other trading block, including the united states, mexico, canada deal, and the european union. let's hear from andy mark, who's a senior research fellow at the center for china, and globalization. he says the agreement will reduce costs for consumers. this is truly a historic trade agreement that is coming into effect and will have enormous ramifications for not just the people that are covered by the people around the world. one reason is that this is the largest marginally so the u. s. m ca or the us mexico, canada trade area. ready is, was the largest r sip is
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a little bit bigger. but here's the really important point. us m. c. a covers less than 10 percent of the world's population are set, covers about one 3rd. and many of these are still looking to achieve a more modern lifestyle that we might see in places like new york, like g, like london, etc. so this is going to create tremendous new opportunities for consumers to have greater choice, less expensive goods. it's also going to be an enormous economic driver for businesses in the area as well. because this agreement is not just big. but it also covers the key aspects of a self contained economic region. and that there are countries like korea and japan or industrial power houses as well as cookies are producing more agricultural ra inputs as well. so they think this will be transformational and it won't be
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exclusionary as well. at least 12 people have been killed in a stampede at a religious shrine in india. administered cash, ma'am that happened at the hindu mater, debbie, where devotees were marking the new year. lexia bryan has this ah, in the cold darkness of the early morning, tens of thousands of devoted tracked to the hilltop temple of motivational davy and indian administered kashmir. at about 3 a year, there was a surge in the crowd. witnesses describe a horrifying crash, and people trampling over bodies. as larry, it's a tragedy. many people are dead. initial reports suggest an altercation between groups visiting the shrine, perhaps to offer special prayers for the new year. but security has also been called into question. the police were very irresponsible. they did not put up dividers in the area or outside the cave. they mixed also those coming out of the
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shrine in those going in a saw it with my own eyes. police pushed the pilgrims and also way fashions and blue whistles to intimidate them, which spread panic. and there was a stampede in no time a matter of ice. no davy shrine is one of india's most revered hindu sites. before the pandemic about a $100000.00 devotees would climb the steep winding track every day to the narrow cave containing the shrine. authorities had kept the daily number 25000, but witnesses suggest many more people were there going okay, quarter somewhere there was mismanagement. when we knew that there was this type of rush, we should have stopped the public 1st. if we had stopped them earlier, this tragedy would not have happened. and investigations underway into what sparked the crush. all the injured and families of victims had been offered compensation, deadly stampedes. a fairly common during indian religious festivals as large crowds
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gather and small areas, often with few safety or crowd control measures. mock our breath, god, everybody's out of my way. i express my condolences to the families who have lost their dear ones, and the said incidents of the stampede. my sympathies to those who were injured, you know, wanted access to the shrine was halted for several hours, but later, resumed alexia abroad al jazeera still had heron out 0, the maintenance flames engulfed another city in the usa, colorado as thousands free the homes ah coveted, beyond wealth taken without hesitation, fulton died for the power defines al wild launch loop, babies were dying. i did not think about. it's neglected babies to deck. people and
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power investigates. exposed is and questions they use and abuse of power around the globe. on now to sierra o a son ah, the father ah, a mutual love of the ox. the stage is set to immortalize fading memories in a magical race against time. witness our time mission on a j 0 lou ah.
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in the united states, a false me, the wall father told through several towns in the state of colorado has largely been itself out. now almost a 1000 homes have been destroyed and heavy snow is full cost and it's expected to help put out any remaining embers. john 100 as this report, tens of thousands of colorado nes are waiting for the smoke to clear to learn what they've lost. things look ok from up here, but there isn't smouldering an area until you really get down there. it's almost impossible to know. david marks who lives in fire ravaged, boulder county knows 3 people who've lost their homes, full homes, call them flame. so 5060 feet high. probably. it was really i've never seen any like it. i mean, just house after house fences. just stuff flying through the air just caught on fire. authority say they believe as many as 500 homes have probably been destroyed
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as the fire tor, through drought stricken neighborhoods. at least one 1st responder and several other people were injured. as winds of up to a 169 kilometers per hour, spread intense flames with terrifying speed. colorado governor jared polos in boulder, county sheriff jo pelley tour the devastation from the air. this was a disaster in fast motion. all over the course of half a day, nearly all the damage, many families having minutes, minutes to get whatever they could, their, their pats, their kids into the car, and leave. last 24 hours have been devastating polish, says president joe biden promised to free up federal funds with an expedited declaration of a major disaster. john henderson, al jazeera, more than 500 homes, have been destroyed by a large fall in western peru. it swept through a settlement and she put it on thursday, firefighters and residents work through the night, put it out,
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hundreds of people. and now homeless dozens of palestinians have been injured after israeli forces fy tear gas to disperse weekly protests in the occupied westbank. a people in nablus were protested against the building of settlements in the villages of john and beta. it occupied, eastern islam, palestinians gathered to voice their anger at israel's ongoing plans to force displacement of family. 16 comes for people displaced by fighting in nigeria is born a day to being close down to government had set a new year deadline. several months ago, tens of thousands of people are set to return to their homes. but rights groups fear some of those places are still under a type by groups. fidelis and bar has more now for future thousands of i. d p is in this 16 gone there on comes, have been here for some years. some of them have stayed here for about 8 years, and at the the we used to live in this go, may run, comes where government tries to give them some form of support. after running away
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from her, i've been uprooted by at the book of her, i'm from the ancestral homes. now the government is asking them to return to the towns and villages. where do i expected to start a new life? some of them will be going directly to their villages, which are not really and i need security threat. and those was villages and towns i see been occupied by and groups i expected to leave. i did look on the headquarters where government will provide a mix. it i as accommodation arraignment, and also provide security for them, pending when the villages and towns are safe for them to return that the each household at yeah, of the $10000.00 households were given $200.00 each to be able to settle back when they return to their villages, some have collected this money, i stayed back moved, that will become even before the government deadline. but again, those where they're actually feeling very concerned, which is why international bodies have expressed concerns about is posing these ideas to danger when they return home. because they see pockets of attacks in some
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of the communities. contrary to what government is saying that everywhere, relatively peaceful the government is even citing that im may jump a military base in at novel base, which is in the bagger. one of these at taos, that had come on, repeated attacks, has returned and life has returned to the city because the military base is now functional. so the advising or the idp is to go back and i do ensure that d, p adapt is, is i re and improve on their lifestyle rather than leaving a mixup comes in the city center. me too great to sit on where there had been more demonstrations as anger grows over the death of at least 5 protests as they were shot by security forces during a crackdown on nationwide protest on thursday, united states, the united nations have condemned the violence for more than 2 months pro democracy activists ensued on has been marching against the military. she's power and kinda tributes being paid to hollywood actor, comedian betty white,
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who's died 3 weeks short of her 100 birthday. she'd be 19 for more than 80 years and held again his world record as a female entertainer with the longest television crit, barbara and boca, as this report. in a youth driven film industry, betty white was a rarity. she was one of a few actresses who maintains top power well into her ninety's. oh, this is something you did to mrs. miller that she began her career in the 19th thirty's on radio. and in variety, shows. i'm sorry, this is a very critical touchy one to best supporting actress emmy awards for her role in the mary tyler moore show in the 19 seventy's. oh oh. oh. but her portrayal of sweet and quick, he rose nyland and the 1980s sit. com, the golden girls shot her to super stardom and, and her new legion of fans. she won an emmy in 1986 for the role playing
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a widow living and retirement with for older ladies and the antics in miami. she wasn't afraid to laugh at herself. ah, here was a response when she unveiled a wax work of herself at madame to sorts. you know, the only thing that hurts me. why did they wait to do this till i was 90? i mean, a few days ago would have been no idea she was starring in the t. v show hot in cleveland at the age of 92 until it was cancelled in 2014. betty white continued to make new audiences smile. darker, saying a glass of wine a day can extend your life. and that perhaps was the secret of her lengthy career. looks like we're a little in forever. it and that's it for me in a clock. so this usa, i'll be back in just
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a moment with another full full half hour to see it then abrasive tradition, nice with al jazeera was gains rare insights into the diverse culture of somalia. that influenced 2 different couples in booking on land life together with 2 weddings, some money style, anal presume. sediment and development have altered the course of the ribbon. it no longer flows to the sea. and around 10 years ago it became more susceptible to red tides. the boom of al k calls as discoloration in the water ominous groups. hello,
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there's water out. and you can see there's a rust colored tinge to it. tests by the fisheries department, show the l. he in the getting river is of the alexandria species which produces toxins. ra, sleep in a bra, him is a fisherman from malicious don't, but district in collecting. in the 19 ninety's the giddy river was clear. you could see the said, we didn't have any problems here. now the river is polluted and it smells bad. fisheries officials have issued notices, banning people from selling or eating malice, found along the getting river. the area affected by the red tide is small, but news of the algae bloom has affected seafood traders in the area. from the al jazeera london, rural call center to special guests in conversation, this is the chance to start the revolution, unprompted, uninterrupted. we moved into a way with the word evil because it stopped conversation. where should we get
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a land to baton, meets i asia. i can be this is the beginning of friendship, the forgetting of law, right? like getting somewhere we can really break through the barriers studio. be unscripted on al jazeera. ah o south african say good bye to the national hero. and he apologized to miss bishop desmond tutu. archbishop desmond, to do has been our moral compass. but he's also been our national conscience ah, like 9 o'clock, this is out there life and also coming up at least 12 people are killed in this.

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