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tv   Journal  PBS  September 19, 2014 6:00pm-6:31pm PDT

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>> live from the dw studios here in berlin, this is "the journal." >> great to have you along. our headlines at this hour. >> scotland's leader alex salmond resigns as voters decide to become part -- to stay part of the u.k. >> alibaba in what may be the biggest stock debut ever. >> and the semifinals and final of the 2020 european soccer champions.
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>> there is relief and disappointment, anger and joy in scotland today after voters rejected independence from britain. >> the results, 55% to 45%, more decisive them. said for seeing. and prompted the first minister, alex salmond, who ran the unsuccessful yes campaign to resign. >> it also means about half of scotland's population will go up in a country, the united kingdom, they want out of. >> edinburgh, the capital of scotland, and still part of britain, too, after the pro-independence camp was defeated. the kingdom has been reunited, some papers claim. there was little joy for members of the yes campaign. >> i know one thing. i know the tory government will punish scotland for years and they will never let us --
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>> i had so much hope for the future, what we could have achieved as an independent state, having one voice, more power in what actually happens in this country. >> the face of the yes side, first minister alex salmond, said he was proud of the campaign and then took full responsibility for the loss. >> i will take some questions. i think the country will benefit from new leadership. therefore i have told the secretary of the scottish national party that i will not accept nomination and am resigning effective 15th of november. after the standard ballot is administered to allow a new leader to be elected by do parliamentary process. >> a clear majority, around 55%, voted against scotland breaking away from the united kingdom. as the bells of big ben rang out, the british prime minister
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briefed a sign of -- a sigh of relief. now the debate has been settled for a generation. or as alex salmond has said, perhaps for a lifetime. >> the debate may be settled, but cameron will now have to follow through on his promise to hand more powers to the region. european ears may perk up at the sound of that, especially german chancellor angela merkel's. >> i respect the results and say that with a smile. >> spain's government was obviously more euphoric about the no vote. it believes its position against catalonian and basque independence has been bolstered. with this decision the scots have avoided the bad consequences that would have resulted from their separation from the united kingdom and europe. >> so scotland will remain with
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the united kingdom and europe. but more autonomy is on the way. >> we will talk more about those changes. to go -- to do that, we will talk to our correspondent in london for analysis. glenn, how divided has this vote left people in scotland, and can britain close the chapter and move quickly away? >> this whole was very divisive. i understand there were demonstrators in central glasgow this evening with yes and no supporters being separated by the police. i think that's before the result, they said they would accept the result. the first to mr. resigning, as leader of the independents campaign, said he accepted the decision and thought everyone else would. i think there will be a period where people are naturally upsets and emotions are running high, but there will also be a period of settling down, and
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then facing the questions facing this country and westminster. >> can you shed light on why the no vote one? too many fears about the currency? >> i'm sorry, i did not catch the question. >> do you have any theories about why the no vote one? where there's simply too many unknowns for voters? >> i think that is right. i think the yes campaign was more motivated, yes to independence, then perhaps the a nurse, but i think the no campaign leadership managed to sow seeds of doubt. that was coming from david cameron and the leaders of the other two main parties in the u.k. -- doubts about mortgage pensions, the future of scotland, and also of course, they promised what is known as devo max, maximum devolution.
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people voting no have done so on the promise of scotland controlling all of its own affairs except for foreign affairs and defense. that has got to be delivered on. that is the dilemma facing the political leadership and u.k. >> what about the irish independence movement? is scottish independence effectively dead for the next century? >> that is the question. there is no time limit on this referendum. in deed the word neverendum has been coined. will it be five years, 10 years, a generation, whatever that is? maybe 30 years? i think most people in scotland recognize this was a pretty decisive vote. this was perhaps a once in a generation opportunity to vote for independence, vote against a in
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the united kingdom. it is interesting that older voters, over age 60, leans towards no, staying in the united kingdom, young group rotors -- but younger voters, 71% of them were for independence. it is possible in a few years time unless they change their views, the yes campaign might win and scotland could be independent. i do not think the independence movement is dead in the water at all. what they are looking at in the short-term is what kind of deal are they going to get from the u.k. parliament in westminster. how much power will be devolved question marks have for those discussions have probably started already. thank you very much. >> spain's wealthy northeastern region of catalonia is also set for independence vote in a few weeks time. >> but it would not result in a straightforward secession. it simply would ask how many
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would favor secession. >> if the vote is yes, the regional parliament would have a mandate to negotiate a path forward on independence. >> that madrid has already called the vote illegal and says catalonia cannot secede. >> scotland fell decision to remain part of the u.k. was not welcome news to cattle and nationals. they were hoping for a boost in their own independence campaign. but they made the best of it. >> these guys people had the possibility of voting for independence or against, and they decided to vote against independence. but the real fact is they had the chance, the possibility to vote, and this is the key point. this is what we're looking for. >> those in favor of catalonia remaining part of spain say the news is good news for europe and a setback for populist movements.
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>> this will probably affect the morale of the separatist, which means they will not have the european example they were looking for. that is good for us, because we were part -- we were in favor of catalonia remaining part of spain. >> the catalonian national assembly is the center point of the independence campaign. it is appointed by the result, members say they are determined to keep up the pressure on spain's central government. >> we expected it. the result was no surprise to us and it will not affect our plans at all. we're going to keep going. >> just a day after scotland's rejection of independence, catalonia's regional parliament has done just that. it has passed a law that will authorize a nonbinding ballot on independence from spain in november, despite opposition from madrid.
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>> a familiar faces back. former french president nicolas sarkozy has announced his political comeback, two years after being voted out of office. >> the 59-year-old announced on facebook he will be standing as a candidate. it is the first step to an attempt to resuming the presidency. he lost his election to socialist francois hollande. he is currently under investigation himself for corruption. some business news now. china's alibaba group is knocking amazon off his perch as the world's largest retail group. >> alibaba priced into an international public offering at $68 a share. >> it is the biggest ipo in
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history and is seen as a harbinger of a massive's shift -- massive shift in the global economy's center of gravity toward asia. >> jack ma had a date with destiny at the new york stock exchange. he was not phased as he took his place amongst the wealthiest internet entrepreneurs. the ipo placed ali baba at $68 per share. the opening bell set up a buying frenzy. shares surged to nearly $100 in early trading, but only a select few will have a chance to invest and gain an inroad into chinese markets. >> alibaba is a tremendously rapid growth company. they right now control about 80% of the internet traffic in china. >> that record had the floor of the new york stock exchange buzzing. but it was not just long-term
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investors. there were quick profits to be had by selling shares fast. >> i think a lot of people, men and soon -- momentum investors think that they can ship the stock after the ipo. >> alibaba is worth more on paper then boeing and disney. jack ma aims to make his mark in the lucrative u.s. and european markets. >> let's get a few from the trading floor wall street. can you give us a flavor of the ali baba buying frenzy? >> things now in afternoon trading have calmed down a little bit. on the trading floor, everything is pretty much back to normal, but a couple hours ago, it was a circus here. traders were working for more than two hours.
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we have heard it before. the opening price of the ipo, priced at $60, but of course stocks were never available at that level. the stock opened at $92 and shut off quickly to a high of $99 70 cents, just $.30 away from $100. and while the stock was not able to hold that mark, it is trading relatively stable between $90 and $92. we have it at $91.69, which is up 35%. jack ma, the ceo, left the trading floor with a big smile, because his net worth obviously climbed immensely. today his net worth is just about $20 billion. >> let's talk about jack ma and ali baba for a second. is this a one-off, or will we see more of this in china for all growing tech sect or?
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>> certainly we will see more. this was not the first chinese ipo to begin with. it was the biggest and it was immensely interesting for american investors to get into, because everybody have the same reason. they want access to china because everybody knows this is a huge growth market. we do not know of course where of the -- whether we will get another ali baba or how many other or any other internet stocks will come out of china anytime soon, because internet is a tricky business in china with the government involvement. ali baba managed to cover this. they have government backing, a monopoly. it is hard to say if there are any others of that size and importance coming out soon. but there are other sectors, too, financials and anything else. we will certainly see a lot more interest in chinese stocks in general in years to come. >> thanks for bringing us up to date on the big happenings on wall street today. >> you're welcome. >> stay with us.
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we are going to new york and the u.n. action on iraq. we will tell you all about it. >> don't go away.
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>> welcome back. the un security council is holding a special session on the situation in iraq. this comes as the united states is putting together an international coalition to provide military support for the fight against islamic state militants. >> a short while ago the council issued a statement saying it backs iraq in its efforts against jihadist. you see secretary john kerry at that meeting. he said that there was a role for a ran in combating the threat posed by the islamic state. so quite a bit of diplomatic movement right now against i.s., including iran possibly coming into the situation. our correspondent is at the u.n. in new york for us. we just saw the u.s. secretary
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of state chairing that meeting, trying to build and expand that international action against the islamic state. at how successful do you think the u.s. is going to be in these efforts? >> it is very important. this is one sign where you can see how important it is to the u.s. that kerry showed up and is chairing the meeting. other foreign ministers came to new york as well, among them, the french foreign minister, the german foreign minister is here as well. and even the foreign minister of iran came. they altogether came here to demonstrate their support for the new iraqi government, telling them, please don't repeat the mistakes that the former iraqi government has done
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so that we can really help you to fightthe islamic state. >> in the fight against i.s., germany is providing weapons to the kurds in the north of the country. we understand the german foreign minister has also been talking about others of work germany might provide. -- other support germany might provide. what can you tell us about that? >> i met with the foreign minister a few hours ago and he told me that they provided $65 billion -- $65 million of humanitarian aid. germany is willing to do even more. we may hear more about that next week because he is going to leave new york and a couple hours, but will be back next week and president obama is going to chair a meeting at the security council. probably then he will tell us more what germany is going to do in the weeks, maybe years to come.
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>> ok, diplomacy moving into high gear there. thanks so much. >> germany has taken those first steps to support and encourage fighters battling i.s. forces. >> soldiers left iraq today to train kurdish fighters in the use of weapons. chancellor -- chancellor angela merkel's government is also delivering weaponry to kurdish fighters in northern iraq. >> turkey has reopened its border to thousands of refugees fleeing because of clashes with islamic state. at thousands of kurds have crossed into the country today. >> turkey had earlier blocked the border, but the move sparked a rational criticism. since the conflict between iraq and syria again, it is estimated 1.5 million refugees have taken
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refuge in turkey. >> their last hope. they fled their homes in syria to seek shelter in turkey. when they arrived at the border, it was closed. the turkish order patrol initially refused to let them pass. thousands of exhausted men and women, and children -- hours later, they were finally allowed to cross. >> they attacked her village and shoulder roams. we could hear the tanks as we left. we look from a distance and saw the village burning. our houses were on fire. we fled to the turkish border, but only a few of us were able to cross. >> western leaders are taking action. france has joined the u.s. and carrying out air strikes on i.s. positions, using plain such as these. >> this morning at 9:40, a
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fighter jet hit and destroyed a target in iraq. it was a logistical the boat used by the militants. other operations will follow with the same end. to weaken this terrorist organization and to support the is iraqi fighters as well as the kurdish fighters. >> the bombing will only slow when the area is taken under control and that is unlikely. >> here in germany, the country will be less likely to grant political asylum to people from the western balkans after a decision from the upper house of our limit. 90% of request from the west balkans are rejected for lacked of evidence of inmate treatment. >> germany has the largest number of asylum seekers in the european union and net migration is at its highest level in two decades. >> for monica -- annika and her
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daughter, running water is still a luxury. they have lived in a berlin refugee home for two years after leaving serbia in 2012. >> we could not stay there. the people say they hate us. no one gives us work. every day is a struggle. >> soon germany will reclassify serbia and bosnia-herzegovina as being safe countries. that means asylum seekers will be sent back much more quickly. it is a move that many green and social democrats politicians disagree with. >> this is a cynical attempt to pit refugees against each other. it leaves the impression we will decide whether a country is safer not. in reality, the question is whether it is a for those who must return. >> for other refugees, the new laws are an improvement.
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current restrictions on where refugees can live will be removed, and it will be easier for them to seek employment. these are changes that will be of little value to annika and her family. they face deportation. >> a tropical storm made landfall in the philippines. it has forced the evacuation of tens of thousands of people. >> just hours earlier, this waterway was a busy road. now cars have been replaced by star reform floats -- styrofoam floats. rescue workers had to evacuate people from the upper stories of their homes and even roofs. >> we were in danger of being trapped inside. so we need to get out quickly. >> lots of people have been
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asking for help since last night. it has been raining hard and water levels have risen fast. >> in the city come a greater manila, evacuees took shelter in a local church. when the water subsides, many will have nowhere to go back to. >> our home was submerged in water. all of our things have been washed away by the currents. >> this is the second major storm to hit the northern philippines in as many weeks. forecasters say it is moving west and should leave land by the weekend. recovery and cleaning up will take much longer. >> some sports now. in european soccer's governing body, they have announced to the host nations for 2020. it is the first time the event will be held in 13 countries
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simultaneously. >> 19 countries put in bids to be heart of the running -- part of the running. london and munich were in the running to pick up the main prize. >> the long-awaited announcement at geneva headquarters. >> the semifinal and the final. >> london. >> london it is. >> yes, football is coming home. london's wembley stadium will be of both semifinals and the final . in all a spectacular celebration of the beautiful game. >> i know how much the english love their football. london will open its arms to all fans of the sport and prepare a wonderful week with three top-notch games played in a fantastic stadium. >> germany will also be part of the 2020 tournament. munich will host three group
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matches and a quarterfinal. rounding out the european flair, global powerhouses such as italy, spain, and the netherlands will also host games. matches will be played in azerbaijan's capital and st. petersburg as well. a euro for europe, celebrating the 60th anniversary of the tournament which kicked off in 1960. >> our correspondent was at the ceremony in geneva today. we asked which host cities she thought was most -- were most interesting. >> the most interesting one is probably baku. baku has never hosted a big international football game. now it will host three group matches and a quarterfinal, just like st. petersburg, russia. both areas are concerned about
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the clinical situation. another interesting one is scotland. they said it could be difficult to vote for scotland. the negative effect of the referendum might've had an impact on the positive choice for scotland today. >> thank you. that is all we have time for here at "the journal." thanks for watching. >> stay with us for more news at the top of the hour. bye-bye. captioned by the national captioning inst
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this week on "moyers & company," nobel laureate joseph stiglitz. >> our democracy is now probably better described as one dollar, one vote than one person, one vote. we have a tax system that reflects not the interest of the middle. we have a tax system that reflects the interest of the one percent. >> announcer: funding is provided by -- anne gumowitz, encouraging the renewal of democracy. york, supporting innovations in education, democratic engagement and the advancement of international peace and security at the ford foundation, working with visionaries on the front lines of social change worldwide. the herb alpert foundation, supporting organizations whose


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