Transcripts For ALJAZ News 20240711 : comparemela.com

Transcripts For ALJAZ News 20240711

Administrations agenda. 11 on protesters defy a Strict Lockdown to confront the government on economic failures and its handling of the pandemic. The stuff its pushed up unfortunately its a little like. A warning for investors about the sudden rise in stock sales of the gaming retail game stop. Theres a new bat in charge of americas Foreign Policy and explained at how the new Biden Administration plans to rebuild the United States ties with the rest of the world secretary of state and the blanket says one of the Top Priorities will be a house to handle iran lake and insisted the u. S. Needs cooperation if that is safe the 2050 nuclear deal if. Iran comes back into full compliance with its obligations under the j c p a way the United States would do the same thing and then we would use that as a platform to build with our allies and partners what we call the longer and stronger agreement and to deal with a number of other issues that are deeply problematic in the relationship with iran but we are a long ways from that point around it is out of compliance on a number of fronts and it would take some time should it make the decision to do so for it to come back into compliance in time for us then to assess whether it was meeting its obligations so were not were not there yet to say the least the tensions of the 2015 nuclear deal have been building for a while there ron has dismissed comments from israels military chief of staff who want to say he said preparations are being made for a possible offensive at some point in the coming year they said in general aviv coke avi is urging u. S. President joe biden not to rejoin the 2015 Iran Nuclear Deal the biden says he wants to move towards it which would result in the easing of american sanctions on. Irans president ial chief of staff isnt taking the israeli threat seriously. Get out. They just talk they are leading a psychological warfare and have practically no plan no capacity and are not able to stop the war our armed forces are trying to defend iran the different maneuvers that we have done are signs that we do not intend to attack nor go to war but that we are serious in defending our country. All of this says the u. S. Has temporarily frozen arms to saudi arabia and the u. A. E. Secretary of state and to me blinken says its typical for new administrations to review pending arms sales all Trumps Administration and been doing deals down to the wire including one for 50 f. 355 jets from Lockheed Martin to the u. A. E. U. A. E. Is the best into the u. S. Is this country will work closely with the Biden Administration to add peace and stability in the middle east. We share with townsend joins us now live from washington d. C. 1st talk about the nuclear deal the u. S. Wants iran in compliance before it comes back to the j. C. P. O. Way iran wants sanctions lifted before it comes back to compliance and how tricky is this going to be for the Biden Administration. Its really unclear what the biden position is on the one hand lincoln always begins with a statement that the u. S. And iran will return to full compliance this will then be used as a platform to address other issues but then he always goes into a great deal of detail about how it will take such a long time to assess irans compliance but what is the assumption there with a timetable that so that means only iran has to come into compliance and then the u. S. Will decide whether it will come into compliance meaning it will lift the sanctions what is that really what was supposed to be on the table it was the u. S. That broke International Laws and walked out of the Iran Nuclear Deal unilaterally it was the e. U. For that matter who then began breaking all the rules of the c. P. O. As well iran kept to it and then only in the last year or so then you know began enriching uranium a little further is the u. S. Really saying that iran has to remove its only bargaining chip of enriching to 20 percent enriched uranium and then the u. S. Will decide whether it will lift punishing economic sanctions is that realistic is that what blinken and the other biden Foreign Policy team members really think given this is their own baby theyre the people who negotiated this in the 1st place this was the deal that they sold to the world as the best deal possible do they not believe its possible anymore were just really unclear we do know that the by the administration is under a lot of pressure from the gulf nations and israel and israel as a great ally has been consulted by keeps on saying well get unconditional aid whatever to not go back to the j. C. Period as as negotiated but wouldnt that also be suggest then that it wasnt any good in the 1st place that they were right the blinken and and the new National Security adviser were wrong to agree to that my 1st question i think were all a little bit its still a little bit opaque even though blinken kept saying today that he was all about transparency and clarity ok what about the u. S. Calling off cells to saudi and the u. A. E. Is this a poor was or is this likely to be a more permanent thing. Now this is another interesting another interesting issue because the announcement came of the state mccain which really did emphasize that this is just a routine review that any Incoming Administration would make and it doesnt suggest how long the review would take or which which way the administration is leaning on the other hand there in previous months the members of the team the biden team have expressed misgivings about the humanitarian crisis in yemen for example what does the u. A. E. Use to create a humanitarian crisis in the in the amman but american womans at the same time blinken was talking about how much he loved the Abraham Accords with israel the normalization of relations between israel and the u. A. E. The quid pro quo is selling a 15 if theyre 35 jets to the u. A. E. So again were still looking for that clarity of stay well i guess all right thank you for that sample tons of it for us in washington d. C. Well u. S. President biden has signed executive orders to address the Climate Crisis that includes causing fossil fuel subsidies and poles and oil and gas leases on federal land biden says Climate Change is at the center of the United States National Security and Foreign Policy just like we need a unified National Response to cope with 19 we desperately need a unified National Response to the Climate Crisis because there is a Climate Crisis we must keep we must lead Global Response because neither challenge can be met as secretary kerry has pointed out many times by the United States alone we know what to do we just got to do it when we think of Climate Change we think of it this is a case where conscience and convenience crossed paths where dealing with this extra sense of threat to the planet and increasing our Economic Growth and prosperity are one in the same. As more now from washington d. C. Well Climate Change was always going to be close to the top of things that he believes are essential for the United States to take among the executive orders that he signed hes cutting fuel subsidies to those in the carbon industry hes trying to overturn a decision by dont trump to overtighten a measure that barack obama introduced he knows that there is a political tightrope to walk here because he emphasizes very much so the idea that green jobs will be created but its still not enough to convince many republicans theyve been critical of what theyve had from the white house on wednesday they say as far as theyre concerned this is simply Big Government getting involved in the lives of ordinary American People again and making sure that they could possibly lose their jobs and also challenging joe biden suggesting that he is giving up the Energy Independence that the United States has enjoyed over the last several years and making them dependent on foreign sources because they wont be able to produce enough energy that a growing economy is making as for joe biden he believes that this is important and incidentally i spoke to john kerry who is the new climate czar essentially he is going to organize the Global Climate conference for april hes going to get many countries involved its a sign that the United States again wants to take the lead on the climate question after what many here in the white house say was 4 years of neglect by donald trump. Hundreds of protesters have clashed with Security Forces in lebanon as anger rises over haas coronaviruses directions the devastating an economy already on the edge of Collapse Police in the Northern City of tripoli used tear gas and water cannon to beat back protesters who are demanding that the government do more santa ana reports from tripoli. Growing poverty is pushing lebanese people back onto the streets protesters say they are hungry unable to cope with a coronavirus lockdown now in its 3rd week they want economic support this is how the authorities responded. That they. Are the politicians are focusing on distributing the spoils is that of focusing on us we are witnessing a collapse of all sectors security politics and health all irresponsible theyre leaving us to die lebanons economic collapse began more than a year ago there have been social unrest and political turmoil since official say 500000 families or 2500000 people are in need of assistance thats nearly half the population compliance with a 24 hour curfew that exempts essential workers is a week in lebanon 2nd largest city tripoli it was already poor before the pandemic. These people are obliged to work even though it puts their health at risk other governments are enforcing lockdowns but they give people aid. There is no social safety net for the poor no government assistance the state is nearly bankrupt one 3rd of the workforce is jobless and around half of the workforce depends on daily wages like. He has for children no shop and on a good day he makes 20000. 00 lebanese pounds which is less than 3. 00 at the black market rate. Let me know if. You. I cant even describe it im barely able to feed my family when others county when. Theyre good enough for. Charity association say more and more people are relying on handouts among them to middle class the cost of daily life is becoming too high especially since the local currencies value collapse on a daily basis we have people who would like to register because of course we register them according to nationality and location so i must say that the numbers are increasing on a daily basis the open ended political crisis is not helping politicians are arguing about cabinet seats instead of agreeing to fight corruption allowing lebanon to receive much needed International Financial assistance the lockdown isnt place until february 8th and it can be extended officials are promising to help the most fun and are asking people to be patient but for many thats not an option then a for their own tripoli northern lebanon still ahead on aljazeera says refugees in bangladesh will miss elssler mccrone of our sexing. Another extension to lockdown and further drastic measures imposed in the u. K. To try and bring coronavirus under control. Its time for the perfect jenny. Sponsored point cut some ways weve got to return to snow across to pad over the next couple days not to bad at the moment rain now in the process of pulling out of the way bright skies as we go on through thursday because thats not rolling across the Korean Peninsula both eastern parts of china eastern areas of russia and that will tumble its way towards that western side of honshu some very heavy snowfall avalanche rist certainly a possibility just destabilizing things as we go through the next 24 to 48 hours or so some very heavy snow to into hokkaido colder air comes back in behind crisp sunshine is solid around minus 4 celsius we get just above freezing there in beijing around 2 degrees cold enough down towards the south much of china should be largely dry hong kong around 18 degrees celsius in the sunshine in the sunshine stretches down across much of indochina want to choose showers there into vietnam want to showers too into the philippines but not too heavy not too wise but the heat of the day shallow as per usual here show is 2 across a good part of malaysia heaviest showers a lot its a b. Across indonesia as a go through the next couple days and that is logical for the flooding here as we go on through the next day or 2 the show is showing up with a wet weather that we have for southern parts of the bengal india studies logic dry but showers that was formica. At ways. As a celebration of tradition life. And love. Aljazeera bloodstains way insights into the diverse culture of somalia the bonus to different couples. Embodying on land life together to weddings the money style announces there. Have been. Watching aljazeera amar and their other of our top stories this hour the new u. S. Secretary of state has laid out how Joe Bidens Administration plans to rebuild ties with the rest of the world Anthony Blinken says iran returns to full compliance under the 2050 Nuclear Agreement the u. S. Will also come back to the deal. Joe biden has signed executive orders to address the Climate Crisis it includes causing fossil fuel subsidies and oil and gas leases on federal lands biden says Climate Change is at the center of u. S. National security and Foreign Policy. Hundreds of protesters have tussled Security Forces in the lebanese city of tripoli and get has been rising of a harsh coronavirus restrictions that are devastating an economy already on the edge of collapse. But here ok retailer game stop is one of 2 companies which despite losing millions of dollars have soared in value this week on the u. S. Stock market its a result of a group of day trade is communicating online banding together to force the share price to skyrocket and Institutional Investors arent happy kristen salumi reports from new york. Game stop a video Game Retailer was in trouble even before the coronavirus pandemic hit suffering hundreds of millions of dollars in losses and closing hundreds of brick and Mortar Stores as gamers increasingly made their purchases online but none of that has stopped its stock from skyrocketing in value spurred on by individual investors posting on the reddit page wall street bets started by jamie rosen ski and what were seeing here is the result of having massive influx of retail traders who dont care about fundamentals never really have cared about fundamentals they cared about the short term moves so in theory in the short term anything is possible i mean the price is set based. Supply is just buying up the stocks for the putting pressure to raise the price Institutional Investors had bet against game stop shorting the stock to make a profit but read it investors rallied against them buying the stock on mass this increased the price and created a socalled short squeeze where hedge funds were forced by the rising stocks to avoid massive losses further pushing up game stop shares after losing hundreds of millions of dollars Institutional Investors like andrew left of Citron Research have admitted defeat and walked away analysts warn this is a dangerous game the stock is pushed up what usually its a little like a ponzi scheme because if youre a last person old in those years under 60. 00 a share you got a dollars and now its trading at 88. 00 well you just got stuck a last part of the train you lost a lot of money game stop express and standard statement but many day traders appear willing to take the risk now propping up other struggling Companies Like the amc theater chain and black berry threatening wall street institutions and prompting calls for reform of a market increasingly seen as out of touch with main street kristen salumi al jazeera new york. Is with Bison Interests he joins us live from Houston Texas via skype thank you for your time mr young i just want to quickly make this very clear for people who may not understand so this is a bunch of people banding together online to purposefully push up the price of a stock in reaction to another group of people the wall street Institutional Investors who usually do the same thing but have been doing but doing it to push down the price of the stock is that right. Yeah it kind of so i thin

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