Transcripts For CNNW CNN Newsroom Live 20150704 : comparemel

CNNW CNN Newsroom Live July 4, 2015

It is 10 00 a. M. In greece less than a day before greeks begin casting their votes in a referendum that may determine the countrys future in europes single currency. Tens of thousands of greeks demonstrated in athens on friday. Here you say Prime Minister Alexis Tsipras attending one of the rallies. He is encouraging people to vote no in the referendum which would essentially mean that greece does not accept the austeritydriven terms of a bailout plan offered by european lead leaders. Translator on sunday wed are all sending a message of democracy and dignity to europe and all of the world. We are resending a message of hope to the people because on sunday we do not simply decide to stay in europe we decide to live with dignity in europe. And a short walk away from that rally was this. A huge crowd of demonstrated to support a yes vote. A yes vote endorses the expired bailout terms. Mr. Tsipras came to offer promising to end harsh austerity measures. But many people say he has put greeces future in jeopardy. We will vote yes. We have seen what the government has done to us. In these five months they have taken us back ten years at least. One poll shows a razor thin margin between the yes camp at 44 and no at 43 . 12 are ollowing the Prime Ministers message which is by voting no greece strengthens its position for better bailout terms. But those in the yes camp say this is greeces only way to stay in the eurozone and europe as well. There is a lot of unclarity on the question which is base odden a proposal which is no longer on the table on a past proposal by the creditors to greece. So this all happens in a fairly confusing and polarized environment. We are looking at a referendum that could determine greeces future in europe and at a time where the banks have remained shut for a week and at a time where we know there is only sufficient money to go around until monday. We had that confirmed by the banking association. So greeks go to the polls with a hell of a lot at stake if you want to put it that way. What if greeks say yes . Who takes over the country . Reporter depending on what happens at the referendum on sunday the financial minister said he would not be prepared to sign a deal with the creditors unless the issue of debt relief has been addressed. This has been a key issue all along in these negotiations. Greece has asked for debt sustainability and relief has been to agreed to before a new deal is signed. And an imf report suggests this is the kay. But europe is saying they want to see reforms first and then discuss the issue of debt sustainability. We could be looking at a lot of political changes, a lot of Political Developments ahead on who heads these negotiations and under what terms. But what is certain is that a solution is needed soon. Without a Banking System the economy is frozen. Most transactions are frozen. We are hearing about problems in supplies. We know that people are having trouble getting the daily allowance out of atms. So whatever happens on sunday some solution really needs to be found very fast or we aring look at a dire dire economic situation. We hope it doesnt come to that Elinda Labropoulou thank you for that. While greek officials argue its the regular citizens who are paying the highest price. Supermarkets say that supplies could soon begin to run short and greek banks remain shuttered for almost and entire week leaving people in retirement with little access to their money. Translator they dont give money to us. They gave me 120 euros is day before yesterday and i went and bought my medicine and i had to pay 33 year owes. Now they tell me to come back in a week. How will i live in this week . Very sad. The crisis has ramifications all over the world. It impacts your money. Our reporters explain how and why. Greek banks are closed for one simple reason. There are too many depositors too many people trying to take out too much money. Before long they are going to completely run out. For the last few weeks, the European Central bank has been funneling money out the backdoor and it is going straight out the front. And now there is no more money coming in they had to stop it going out. If this is happening in greece why are world marks in turmoil . It depends how much exposure there is to greece. In the u. S. There is little direct exposure but its the uncertainty. And the safety net of the ecb is no longer available to give emergency money to degrees, thats keeping investors on edge. Greece continued to continue that queue. That queue going down. Many people sheltering from the rain. The majority of people have been able to take out the limit of 60 euros. But several pensioners have not been able to eke out a single euro. The reality of the crisis may set in in a couple of days. A run on a bank in a modern economy is bad for everyone. If you are a traveller, bring a lot of cash to greece. You cannot rely on the Banking System. That could hurt tourism for greece. For everyone else it marries to your money and your 401 k . If europe becomes destabilized because of what is happening with greece that affects anybody who makes or sells a product in the United States to europe. The eurozone is americas largest trading partner. The greek banks need to know that there is more money coming towards them. Depositors need to know their money is safe. Once people know there isnt a banking crisis and the money is safe they stop demanding it. Its a difficult problem trying to stop a bank run but thats what they have to do. When the greek people make their choice on sunday cnn will be in athens. The polls open at 7 00 a. M. Local time across the country. Our day of live polls will have more. We turn to the philippines. The coast guard confirms 59 deaths in thursdays ferry sinking. 140 people survived after the boat overturned just after leaving port in the start part of the country. Searchers recovered more bodies on friday. David santos joins me now by phone from ormoc city. Reporter salvage operations is still a hunt for the bodies being recovered from underthe vessel. You were saying that the death toll is at 59 with 140 survivors. If you add them together that sums up to more than 200 when authorities here are saying that the allowed capacity of the boat is only 173. Now investigators will also look into the cargo that the vettel was carrying at the time of the innocent. These are some of the details that investigators are now looking into to determine the possible cause of the sea mishap. David santos for us from ormoc city fillphilippines. U. S. Officials are on guard for possible terror attack for the fourth of july holiday. 7,000 Police Officers will be in new york city backing up thousands of regular patrols. Around 700,000 visits are expected along the National Mall in washington, d. C. Another high value city for terrorists. Re renee rene marsh has more. 600,000 people are expected to take subways in the Nations Capital and travellers are flying to fourth of july celebrations. But Law Enforcement remains on high alert for terrorists on u. S. Toil. We prepare for worst Case Scenarios and we have contingencies in place. The reassurances being echoed ahead of celebrations across the country. Philadelphia is part of an enhanced security network. But there is only so much that authorities can do to secure socalled soft targets. What i fear the most is what we saw in tunisia last weekend which is one or two people with automatic weapons and they go into a place where its crowded or on a bridge and taking out 40 50 people. That would be as effective as any largescale bomb. And isis has been encouraging followers to launch attacks wherever they can. Its the most iconic image of america. We know that its something that someone who doesnt like us would like to make a statement. If you have a gun and are willing to die for their beliefs. If people see something that doesnt look right, alert authorities immediately. The perimeter extends three blocks from the capitol and they pleased their officers throughout capitol grounds. The canines are out. And if you look along the National Mall there are miles and miles of link fencing as well as cement and metal barriers. Re rene marsh cnn, washington. There is another threat this Holiday Weekend and it comes from the sea. Sharks. Multiple attacks on the u. S. East coast. Well have more on that coming up later in the hour. 30 of the 38 victims in last weeks tunisia attacks were from britain. [ bell tolling ]. See how the uk paused and took a moment to honor them. Plus a syrian teenager helps refugee children get an education despite many parents not wanting to send them to school. And later shes a brick house an interview with the legend behind brick house and r b hits the one and only Lionel Richie. Neosporin plus pain relief starts relieving pain faster and kills more types of infectious bacteria. Neosporin plus pain relief kills the germs. Fights the pain. Available at walmart. Running my own shop has been brutal. But then i got a domain and built my website all at godaddy. Now i look so professional i just got my first customer who isnt related to me. Get a domain website and email starting at 1 month all at godaddy. The bodies of more victims from last weeks massacre in tunisia arrived in england on friday. Eight suspects including one woman have been arrested in connection with the attack at a luxury hotel in tunisia according to tunisian government officials three others remain on the run. There was a moment of silence all throughout britain as the country paused to honor the victims. Max foster has more on fridays services. Reporter the bells of big ben rang out at midday. Beginning a minute of silence for a nation in grief. A moment of reflex led by Queen Elizabeth and Prime Minister david cameron. In schools and workplaces across the country people stopped to think about those so ruthlessly slaughtered. At the Football Club where one of the victims worked friends and families gathered. At wimbledon play was stopped as mark of respect. In tunisia, the British Ambassador laid a wreath in memory. Tourists gathered only the stretch of sand where 38 souls were murdered. All have now been named and the death toll is not expected to rise. Later, an air force plane touched down in oxfordshire carrying the bodies of eight victims including sue davey, shot chalkly and angie and ray fisher. Their families didnt get confirmation their loved ones dies until days after the attack. Formal inquests have begun and British Police have mounted the biggest investigation since the 7 7 terror attacks in 2005 when dozens were killed on a bus and two tube trains. Flags have been flying at half staff including here at downing street where they are considering the wider response to the tunisia attacks and one is possibly to go against isis at home in syria with air strikes. But this has turned into a fight not just guest a group but against an ideology. Max foster cnn, london. New fighting in nigeria against the terrorist group boko haram. But there is word of possible International Help for country. The militants are trying to move into the capital of borno state. Now, french president Francois Hollande says he is ready to organize a summit of nations willing to fight the terrorists. While visiting the president of cameroon he offered intelligence assistance including images from french flights that fly over french territories boko haram controls. Irans foreign minister says a deal over his countrys Nuclear Program is close. He expressed hope on friday even though make or break gaps are unresolved. Iranian and western officials have been trying to finalize an agreement in vienna. At this 11th hour we have never been closer to a lasting outcome. That is a positive statement. Also on friday u. S. Secretary of state john kerry said negotiators will work all weekend to try to work out remaining issues before thursdays deadline. Here he is. We have a lot of work to do. We have some tough issues but there is a genuine effort to be serious about this and to understand the time constraints that were work under. So well continue to work tonight, tomorrow, sunday. And we certainly both want to try to see if we can arrive at a conclusion. The iaea the u. N. S International Atomic Energy agency wants iran to resolve some outstanding issues before a deal is reached. Greeces future could come down to one little word yes or no. We look at what happens next. Also coming up he does not mean an end to a life. On the contrary you have to be stronger to help the country and people you love. The malala of syria. Meet the woman who has made it her mission to help refugee children get an education. Welcome back to our viewers in the United States and around the world. This is cnn newsroom on the fourth of july. Happy Independence Day. Im natalie allen. Here are the headlines. 59 people are confirmed dead in thursdays ferry sinking off the coast of the central philippines. The countrys coast guard says 140 people survived. The ferry capsized minutes after leaving port. Investigators are trying to understand why. Security is tight for american Independence Day celebrations. Officials warn the large gatherings could be terror targets. There has been chatter about terrorist threats for the Holiday Weekend but nothing credible or specific. Greeks go to the polls on sunday for what is a polarizing referendum on how to handle the debt. Thousands rallied ahead of the vote. A yes vote supports the debt relief. And a no rejects it. Heres the question that will be on the ballot papers. It is not schismimple. Should the Draft Agreement submitted by the ecb, imf at the euro group on june 25th which consists of two parts that make up their full proposal be accepted . And thats the question. And the first document is reforms for the completion of the Current Program and beyond and the second is preliminary debt sustainability analysis. Yeah. Nina dos santos takes a look at what happens no matter what the greeks answer. Reporter yes or no one of these two words will decide greeces destiny and with it the future of the single currency itself. Unable to find Common Ground with creditors, athens asked its people whether they accept or reject reforms set out as part of the countrys second now expired bailout. The eurozone and imf want a yes. Greeces government lobbied for a no. Either way the stakes couldnt be higher. Translator even in the case of a yes vote we have to face difficult negotiations. In a no vote the greek position is dramatically weak. The Prime Minister and finance minister could give way to a new government which would enter fresh talks with the creditors. Greece may eventually get the money it needs to open up its banks and pay back its debts and think about a fresh package in aid from here. It makes an exit less likely but expect swift austerity as part of the conditions. We have seen a small element of what can happen of not being able to get money out of banks in small amounts. And nobody can really say how it would work out under that scenario. If greece votes no all bets are off. They would push for renewed negotiations and concessions on debt relief. The banks would remain shut and greek greece could be kicked out of the euro. The people would be poorer and the markets pray to uncertainty. A no vote is associated to a painful situation. The situation is already painful in greece at the moment. I believe the bank will remain shut for a longer time. It will trigger the support of the ecb to the greek financial sector. You might expect a collapse of the economy. I do not think that the euro group and they have made it clear that a no will hurt negotiation. Greeces leaders have pitched this as a referendum on austerity. But europe sees it as vote on the membership of the euro. Whatever it means to each side athens could be words away from a dramatic rescue or financial disaster. We want to show you what the greek people are dealing with the raw emotion of one greek citizen directly affected by this crisis. These images of a desperate elderly greek man struck a chord with our team here. Some banks are Opening Doors to people without a bank card. You see him sitting defeated on the ground. He is being assisted by a Police Officer and staff member of the bank. You can certainly see the distress on his face. He could withdraw at most 120 euros from this bank. His future like so many others seems uncertain. That is heartwrenching. To syria now. An explosion at a mosque killed 25 al qaeda members. The dead were part of an al qaeda front. They were gathered at a meal where muslims break their fast in the holy month of ramadan. Some are blaming isis militants. So much news out of syria is all about war, death and destruction. But our next story shows how something extraordinary can always rise up from terrible loss. A syrian teenager whose family escaped to jordan spends her time making sure other refugee girls stay in school. She has earned the nickname, the syrian malala. Translator i left syria two and a half years ago for various reasons and problems in all of lifes aspects in education, making a living and freedom of movement as well as other related difficulties which led to being unable to stay in our own time or move to another place in syria. Therefore we decided to leave and move to jordan. Being a refugee does not mean an end to a life. On the contrary you have to be stronger to be able to help your country and the people you love. Even if you are a refugee you is to be strong to face these problems. I notice that a lot of people dont like education and because i really like education i decided i should start to advise people even if they dont take my

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