Transcripts For ALJAZ NEWS LIVE - 30 20240713 : comparemela.

ALJAZ NEWS LIVE - 30 July 13, 2024

Jail. And a heros welcome for the rugby World Champion south africa as they take on tour. De an Opposition Leader has been freed from house arrest more than 2 years after he was charged with treason hes still banned from politics and is also barred from leaving the country has released a day after. Cofounded theyre now banned office party arrived in malaysia from selfimposed exile in fronts hes aiming to return to cambodia. Against Prime Minister hun sen whos ruled for more than 3 decades when he is following developments from bangkok. This would appear to be a tactical move by the government in cambodia on 2 fronts one is that we know sam rainsy the acting leader of the Cambodian National rescue party arrived back in the region on saturday flying into kuala lumpur the malaysian capital still vowing to return from exile to cambodia to lead an uprising against the government this would appear to be a move by the government in cambodia to take the wind out of the sails of sam rainsy and to call into question the relevance of any plans written by him the other thing is the European Union has been investigating the decline in democracy and human rights in cambodia and is threatening to withdraw cambodias tariff free status for its goods that are exported to the European Union it delivers its report to the governments of cambodia on choose day one of the key demands of the e. U. Is that kim should be released from house arrest and the charges against him should be dropped whove seen one of those steps taken by the government he has been released from house arrest but still some severe restrictions remaining on him and the case against camps a car still stands at least for protesters have been killed as Iraqi Security forces moved in to clear protest sites in baghdad demonstrators have been on the streets for weeks saying theyre fed up with corruption and a struggling economy and a lack of basic services but a heavy handed security crackdown has left more than 250 people dead its also been a reports from baghdad. On saturday evening Security Forces from baghdad to basra and karbala and fronted protesters in baghdad there were reports of gunfire and tear gas at a square and a bridge near Tahrir Square shortly after the Iraqi Human Rights Commission started reporting that demonstrators had die but there was a. Big peaceful. We have people from tribes and theyre firing at us with the start of the work week on sunday its clear Security Forces were trying to ensure the protests in the iraqi capital were confined to talk where square thats been the epicenter of the antigovernment protests which began on october 1st the military says they wont disperse Peaceful Protesters but they will ensure life returns to normal were going to arm them we have orders to arrest anyone who booked of our youths this kind of crime is dangerous and were in be repeated if we have given orders to all forces in baghdad and of a provinces to arrest people who got divides and take them to cool its sources say most Political Parties have reached a deal to keep Prime Minister idle. In power the thinking goes since there is no one to replace him he should be the one to implement the reforms protesters are demanding ahead he says he will introduce an amendment to reform government ministries it would include hiring younger people and creating Greater Transparency the influential shia cleric solder and his followers the largest bloc in parliament remain united with protesters and are calling for him to resign natasha going to aim. Baghdad. Well after being released from prison brazils former leader Lula Da Silva has been rallying his supporters against the government of georgia your boss a narrow hes condemning the right wing president s policies on his calling on the left leaning parties to take back the presidency in the next election there is about reports from. Was received as a hero. In the state of help. If there is one place where the former Labor Union Leader is loved it is here. I want to build this country with the same happiness that we built it when we govern this country my dream isnt to solve my problems today im a guy that doesnt have a job a president without a pynchon not even a television in my apartment my life is totally blocks the only thing im susan of is that i have more courage to fight them before on thursday the Supreme Court said convicted criminals should exhaust all their options to defend their case before going to prison this benefited lulac and many others. But lula has not been absolved and still faces at least 7 other cases against him was in the last president ial election the worst for the last loss of civil war its because of the car wash corruption investigation involves some was i dont know that you love the feel was out in spite of its legal troubles and the sage many here believe that feel the man to challenge joey was when i was president since i was vile says lula is the only one that can say brazil sposato is most afraid of. Its over because he is our representative his own leader and this country will change fluey oh well. Soon see the outside. But in the capitol. Thousands marched through of any. To protest against their last release they condemned the Supreme Courts decision and are calling for a change in the law that would imprison those who lose their case in a 1st appeal was your only argument as there is so much impunity in brazil and we want things to change we are denouncing the decision so lou looking go back to prison jade also maddow ask his followers on twitter not to give ammunition to a man he called the scoundrel he also defended his minister of justice said your model as a judge let the car wash corruption investigation his impartiality no last case has been questioned and thats why lula is requesting a retrial. Brazil is polarized between those who love and want him back in the presidency. And those who are angry with the corruption that happened while he was in office was. Hes planning his political comeback hes already. The biggest political rival. Brazil. Police in several bolivian cities have joined protests over the disputed reelection of president ever morale its the. Guards outside the president ial palace were among those who left their posts denounce the move accusing police of staging a coup the defense minister said no military action would be taken against them its the 3rd week of violent demonstrations is accused of rigging last months election to secure a 4th term meanwhile merolas has appealed for dialogue between Political Parties to put an end to the unrest. To preserve the new bolivia life itself and democracy i invite the parties that obtain legislative seats in the least election to dialogue i invite them to an open agenda to debate in order to pacify bolivia the Saudi Oil Giant aramco has announced details of its plans to sell shares in the company for the 1st time and its also listed risks investors may face once the Company Shares are publicly listed in its prospectus aramco highlighted terrorism and Armed Conflict as having their potential to affect the company and its share price in september drones were used to attack its Oil Processing facilities hitting Global Oil Supplies there is also the risk of the saudi government capping how much truth or all the kingdom is able to produce directly impacting the company and the aramco may be directed to undertake projects or work on other initiatives by the government which go against its immediate commercial objectives lets bring in al jazeera as economics editor hes joining us here in the house oh so the prospectus seems to be outlining the risks to what extent can we expect this to actually effect Investor Sentiment and will investors view this as a risky i. P. O. So daryn this is rather interesting because all prospects. This is to have to risk have to list all the risks that a potential investor could face now you went through a whole list of things which could happen and also when we look at the killing of john mark thats just another potential risk which could flare up in the future as well maybe you know if theres a potential case comes along now its difficult to price. Based on just geopolitical risk so we have to look at the fundamentals of a company or of a business to understand how and how we can value that company now obviously you know the crown Prince Mohammed bin someone wanted a valuation of 2 trillion dollars hes not going to get that he realizes that now one has cattell hes his thinking on that anything can get 1. 00 trillion dollars but investors still arent convinced they think that the company is possibly worth between one trillion to 1. 00 trillion dollars and now we wait and see until the Book Building process begins where basically they tout the shares to Fund Managers and they say what price would you feel comfortable buying into this particular stock and at that point will understand by the 5th of december what price each of those shares is going to be worth and what value will be put on the company and interestingly we didnt get an idea in this perspective of how many shares will actually be on offer is there a reason to that or what are we to read into that and was there anything in the prospectus ubud that you wanted to see that wasnt there so its not unusual to see that a price or allotment of shares hasnt been included sometimes when you got a new when you got a business which is pretty unique which has controls the entire. Oil off one particular. Tree comes on to the market its difficult to value that you can look at Similar Companies that are around but in this particular case when you control one in every 8 barrels of oil which is produced in the world then it becomes a lot more difficult now just think of it you have you own a house you want to sell the house caught in the state agent can look what other properties are being value that in your street and say ok listen i think we can get x. For your property but if you go to the super rich and the super rich have some massive houses it becomes even more difficult to value those and in those instances you say to say to the prospective client you say listen let me bring in a few a few people who would be interested in buying your property and then you can figure out the exact value that you can put on this on this particular property now this is where the aspiration meets reality the reality is that nobody is willing to pay more than 1. 00 trillion dollars for this particular company and theres various ways of. Evaluating a company like. The saudis are saying listen at 75. 00 a barrel this company is worth 2. 00 trillion dollars but. At the current rates its only worth about 1. 00 investors are saying listen we mentioned all the geopolitical risk based on that its worth a lot less rate ok thanks for breaking it down thanks very much. Still ahead on al jazeera jordan decides not to renew a 25 year deal and special land access we look at that is really farmers caught in the middle. One of the most famous scenes in recent history remembering the fall of the berlin wall 30 years on. How the weather maze pretty unsettled Cross Western parts of europe that said we have got some slightly kwacha weather coming into the British Isles following the floods that we saw across northern parts of england recently but you see the next band of cloud just waiting out in the atlantic to push its way in another band a cloud there just feeding into the breastbone a slight easing across the bay of biscay western parts of the mediterranean seeing some very lively shower as strong and gusty winds here very heavy rain pushing towards corsica and italy since a very wet weather recently thats moved across the adriatic into the balkans and beyond austria seeing some heavy showers still some warm its pleasant sunshine into those east impossible caressed 22. 00 celsius ankara still going up to around 20. 21 there in athens a little bit of cloud fed with a clout there into that eastern side of the med further north because some wet weather just not seeing its way into that western side of our russia 10 celsius in moscow not bad here thats woman in london and paris going to say more blustery shallowest rattling in as we go on into monday staying on settle across that western side of the mediterranean and theyve been betrayed on the cold side temps no higher than around 13 degrees celsius that weather that we do have in the mad will persist where across the far north of algeria out also a good part of algeria. Sponsored by countdown to. Off a current outfits to contain the spread of Nuclear Weapons doing enough to keep the world safe the most crucial political challenge is how to stop a Nuclear Explosion from operating on this planet again the executive secretary of the comprehensive Nuclear Test Ban Treaty Organization is seen as books aljazeera. Freed from house arrest. Arrives in malaysia. For more people have been killed in violent protests against the government in iraqs capital Security Forces where the. Demonstrators torched government buildings for weeks. The former brazilian president. Government a day after being released from prison told his supporters the left must take back their president in the next election. Lets go back to our top story and we can now talk to the daughter of cam soca. Occam shes the Deputy Director general of Public Affairs for the band the opposition cambodia National Rescue party shes joining us from washington thanks very much for speaking to us and were saying your father has been released from house arrest and you tweeted that on november 7th 7th your fathers lawyer has requested the court to drop charges against him but today the court lifted some restrictions on his house arrest but a few restrictions remain can you 1st just talk us through the circumstances leading up to all of this. Paper us of arrested 2 years ago on sept on the night of september 2nd in 2017 for baseless charges of treason and its been 2 years hes been detained in prison for the 1st year and its hes been transferred home for a year and it has not been a trial date set yet the socalled investigation is still going on his lawyers have also requested the court to close the investigation and then drop the charges and their response today is not actually did the court announcement today its not exactly responding to the lawyers request it basically just lifted some of the restriction that was placed on him under house arrest instead of responding to whether or not they will close the investigation and drop the charges so just for claritys sake the charges against your father still stands according to what youre saying why do you think that released him or freedom from house arrest today at this particular point well. We have what call everything but arms which is a trade privilege that cambodia receives from the e. U. And its been under investigation because cambodia has been violating a lot of the principle but attached to the trade agreement and one of the recommendations from the e. U. Is the release of my father comes along with many other things to restore democracy and that investigation that report writing from the e. U. Part is coming to an end on the 12 and i think that plays a big part in the decision today and you yourself have lobbied for. You in the u. S. To take action against of the current government and in fact your father himself was accused of conspiring with the us to overthrow the government so are you not worried that the cambodian government will view you in the same way that its viewed your father. I think their perception of us does not bother us at all because it Means Nothing to do cambodian public and whatever radix whatever probably ghana they put out there does not work so no i dont have that concern at all as far as the party goes the Cambodian National rescue party which you speak on behalf of. Whats next for the party because it was dissolved by the Supreme Court in 2017 your father now has been freed from house arrest but the cofounder is an exile many members are in exile including yourself so what happened today that announcement from the court today i hope that it is the 1st step one the 1st step of many steps that need to happen in order to restore what has happened for the last 2 years so i hold that the charge against him will be dropped and i hope that his political rise along with the political rise of my colleagues and myself will be reinstated and there would be a negotiation between the 2 parties to reinstate for example the space for. Media rights space for Civil Society and reinstate a Real Opposition Party back and again i hope that today is only the 1st of many steps all right we thank you very much for speaking to us from washington thank you the polls have opened for spains general election spain is holding its 4th vote in 4 years the Prime Minister of Petra Sanchez has called for the latest election after failing to rally enough support to form a new government however opinion polls suggest that it might not break the deadlock the vote come amid weeks of violent clashes betwe

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