Hello im am. Watching aljazeera also coming up south Africas Parliament passes a motion to take private land without giving any compensation. Jerusalems mayor suspends a plan to tax Church Property which has led to the closure of one of christianitys holiest sites. And why the killing of russian Opposition Leader parson themselves three years ago is fueling diplomatic tension with the u. S. The russian president s call for a five hour ceasefire for the besieged syrian neighborhood of Eastern Ghouta has failed to stop the bombing the pause was designed to allow civilians to leave the rebel held suburb of damascus the u. N. Says a thousand sick or wounded people need to be evacuated but after a brief lull which allowed people to venture outside residents say the government planes resume their strikes so in a hunter reports from beirut. Some emerged from underground shelters to buy food and water others returned home to collect whatever is left of their belongings the relative calm gave t
As the kingdom replaces its military chief and other Senior Defense officials. Prosecutors in south korea push for a tough sentence for the president. And a Cabinet Reshuffle in south Africa Office clues about the priorities of the new president. And im far as be here with all the days sporting clearing a time olympic champion the same ball makes a highly anticipated announcement about its future but it turned out not to be what is fans were expecting. Welcome to the program after ten days of intense bombardment on syrias eastern go to the fighting was supposed to have stopped at least temporarily but russias military is reporting heavy mortar fire and laying the blame with the rebels but they are denying this. Well on monday russia or the daily five hour pause in the rebel held district more than five hundred fifty people have been killed in the past ten days and on sunday opposition doctors reported a suspected poison gas attack well russia says evacuation corridors will be set up to
A five hour long ceasefire but even thats too much to ask airstrikes continue to hit the rebel held on plates of eastern called. A decision which cut costs car makers millions the german court gives cities the green light to ban diesel cars. South african politicians vote overwhelmingly in favor of a motion that would allow the government to take private land without compensation. In sport you sign ball will gets played at Manchester United but not as a professional player. And to charity rather than a serious career switch will see the sprint king taking to the football field. Its very warm welcome to this hour of news first to syria where the first daily five hour window when fighting is supposed to stop in a rebel held on cave near damascus has come and gone and with little success the truce was supposed to allow a way to get in and the injured to get out of the city there were multiple while. During the window from nine am to two pm two people were killed in government airstrikes r
Liquidity. And we cant let this narrative go unchallenged. Youve seen it in the fsoc annual report. There was a drive by of it in the multi Agency Report that came out last october. And ive been around this town long enough there always has to be a boogeyman somewhere when youre trying to misdirect. I think this is an area that we need to encourage and not run away from and not vilify, not accept the standard pushback that were getting. And the second point, too which is this notion of the aggregate impact of regulation. And your question, which i think is a good one, how much of it is standard post crisis and how much of it is regulation. I was listening closely to sandy. I think weve reached a point where weve seen historically 2008 to maybe into 11 where there was a lot of prudent Risk Management undertaken in response to a crisis. I dont think you can parse them out any longer. You cant say its basul, its dodd frank, you go down the road and then its prudent Risk Management because
Whats needed is an order displaced facility. It doesnt have to be mandated by the government, bit has to be something where private entities can create these things where the price res made public, not necessarily through a consolidated system. But if not reuters or others will consolidate the information just as incident either active does. But most importantly, a system where youre not allowed to trade through those prices because youre not doing your client a service by failing to pick up the easy to pick up trade. There is one additional complicate. If you say you cant trade through that price, you must make that price available so it can be taken. But if anybody can take a price, then it has to be the case that the trading system has to be an all to all system where if i grab it i can settle the trade. We do this all the time in equities. Why should it be so difficult to do it in another system. Theyre just securities. So lets settle them up that way. These are the order handling