welcome back. it is not the clock p.m. here in paris. -- it is 9:00 p.m. here in paris to the french government survives a no-confidence vote and the controversy labor law is set to become law. the street opposition continues, though come with the strikes planned for next week. 55,000 people on the streets of paris today for a march that turned violent this afternoon. dilma rousseff foust to fight back against what she calls a coup d'état after the senate votes to try the brazilian president. michele tenaris's --
temer is said to be sworn in as president. "money monster" at the cap compostable. we will be -- cannes film festival could we will be getting all the latest on the second day during this newshour. french government has survived a no-confidence vote that was prompted after it through itsorce contested labor reforms. with only 246 votes, however, the conservative opposition failed to gather the minimum of 280 that it needed to bring down the government. valls beforemanuel
the national summary. ls: to govern is to make a choice and assume responsibility for it and implement it over time, but also to know how to listen and come to a compromise. and it is with the conviction that our economy needs to be supported in this moment on the past two growth that we need to modernize our social system. which i have committed to. melissa: the failure of the conservative no-confidence motion means that that particular bill, the labor reform bill, will become law. .t now heads to the senate but france's labor laws will be reformed as the french government had intended they should be, slightly wondered down from the initial proposal, but the reform too far for many trade unions and much of the socialist party as well. we have a look at what the
so-called law provides for and what has been ditched from the bill over the course of the last few weeks. oforter: after four months intense debate in the streets and in parliament, the controversial labor law is now on its way, but it is no longer the same text, with the government forced to backpedal on original terms. he gives newfound powers to businesses to set their own work hours. that is, after deals are struck between management and employee unions. while the average work week estate the same 35 hours, employees can now for a maximum of three months work up to 46 hours a week, up from 44 before. employees can be asked to work a total of 12 hours a day. another thing that still stands, i did in overtime pay, from 25% to 10%. economic redundancies would be easier to carry out the here the
bill's terms have changed. to fire and police for economic reasons, businesses would face not only a drop in activity in france, they would see a dip overseas if the country has branches abroad. issue, taxing short-term contracts. the provision will be decided separately by labor unions. then there's the capping of labor court damages to the maximum amounts have been dropped, leaving compensation up to the courts. the next stop is the french senate, where it could face even more revisions. than a monthmore now that particular bill has faced opposition outside parliament on the streets of paris. it has been going on for civil weeks now, but again today, as it has several times over the course of the last week, when the bill began its parliamentary journey, that movement led the
president to gravitate towards the national assembly and it did so again today. 55,000 people were on the streets of paris to voice their opposition to the proposed labor law reforms. heavy security, thousands of students and labor union members marched through the streets of paris once more. on tuesday, the french government used a rarely invoke constitutional measure, article 49, to push through the bill without debate in the lower house of parliament. but the move has provoked outrage around the country. >> it prevents any kind of debate, and at some point come when there is no debate, there is no democracy, and if we don't protest, we negate the very values we are trying to defend. to make ourselves heard and to show that we don't want this bill and we don't want these people in power. reporter: minor clashes from thursday's march pale in comparison to the violence in the capital last week.
the outcry forced the government to water down elements of the bill. but the compromise satisfied few. as a controversial labor reforms edge closer to becoming enshrined in law, protesters warned that it could backfire on the government. >> more than 70% of people are against this bill. these are signs that the government should take seriously instead of ignoring us. if the government continues to ignore us, it will collapse. reporter: the government maintains the need for france's rigid labor laws to be relaxed to stimulate employment. critics say the bill is undemocratic and will you wrote worker rights. -- erode worker rights. melissa: to brazil now, where michel temer is preparing to take over as acting president tonight come in the wake of the decision by the senate that dilma rousseff should face impeachment proceedings. tonight and she spoke to her supporters for the first time since the overnight senate vote in an at times emotional speech.
she announced she would be defending herself against what she said amounted to a coup d'état. our correspondent richard thompson sent us this report short while ago. richard: dilma rousseff has had plenty of time to contemplate this moment, the possibility that she would have to leave the presidential palace. when it finally came, it was a carefully staged departure. rousseff flanked by her closest associates, including former president lula da silva cannes, and her message to the assembled supporters was one of the fines, describing the vote as nothing less than an act of cruelty, punishing someone for crime they didn't commit, she said. she promised to keep fighting and she has no time to waste, with case against are already being built, evidence and witnesses being collected. analysts say the chances of her holding onto office looked fairly slim.
one big reason, you just have to look at the numbers of the senate vote, the senators who ,oted could 55 back impeachment just over two thirds. those same senators will be voting to determine the outcome of the trial, and if two thirds find her guilty, she is permanently removed from office. the irony in all this is that many of those in the senate who will be judging rousseff are themselves being charged with or being investigated over more serious crimes. melissa: even as the senate prepares to get that trial mr. perrymichel temer to take office as acting president. ands to be sworn in tonight will be making a speech and his cabinet will also be announced and he will be holding the office while the senate conducts its trial and decides whether dilma rousseff should be permanently removed from office or not. michel temer until recently was an ally of the brazilian president, who turned on her only in recent months, offering an alternative pro-business
program to a result of his suffering economically as much as it is politically. reporter: michel temer, brazil's next strongman, and established kingmaker, but never king, temer yes help his party form coalitions with every president of the last two decades. but a few months ago, the gloves came off. college openeddb impeachment proceedings against rousseff, an angry letter from temer to the president made its way to the press, and the pmdb officially quit the coalition, allowing the party to put forward a pro-business, deficit-tackling manifesto. 's supporters are excited . >> the country will regain its standing, because right now we are solving the political crisis, and soon we will start solving the economic crisis.
reporter: not everyone is so sure. >> 60% of voters are against temer. he will take power but be marred by the stamp of illegitimacy. reporter: in a move to balance the budget, temer's policies include introducing a minimum retirement age, making labor lost more flexible, and cutting state spending on health and education, all of which are likely to be deeply unpopular in the mist of the social and economic crisis. and that is not all. temer has been implicated in the corruption scandal that has engulfed brazil's political and business elite. a supreme court judge has instructed the lower house of congress to decide if impeachment proceedings against temer would be appropriate. he stands accused of manipulating government funds. todaya: it was a week ago that the american house speaker delivered a spectacular snub to donald trump, explaining in the
wake of the indiana primary that he was singly not ready to back the man who has become the republican party's presented candidate. today donald trump and paul ryan net to try to patch things up. mr. ryan has yet to endorse mr. trump but the two men did agree to work together. yan: i was very encouraged by what i heard from donald trump today. i do believe that we are planting the seeds to get ourselves unified, to bridge the gaps and differences, and from here we are going to go deeper into the policy areas to see where that common ground is and how we can make sure we are operating office in core principles. and so yes, this is our first meeting. i was very encouraged with this meeting. but this is a process. it takes a little time. you don't put it together in 45 minutes. that is why we had, like i said, very good start to a process on how we unified. melissa: paul ryan speaking after the very closely watched a meeting of donald trump with top republican leaders, very closely watched by the american media
first and foremost. we will have a look at the latest business news. markus karlsson is here. we begin with that warning about what the brexit could mean for the united kingdom. markus: a recession, according to the bank of england, as it came out with it sharpest warning yet, really, that a departure from the european -- governorcost mark carney says that a brexit would have material consequences. the bank of england has slashed its growth forecast for the uk's economy this year from 2.2% to 2%. a former british finance minister has criticized kearny' -- carney remarks, saying that the governor should be careful not to's cause a crisis, but carney says it is his duty to warn about upcoming risks. >> the judgment is not based on -- it is a judgment not based on a whim.
it is based on rigorous analysis on careful consideration. and it is the judgment of the independent mtc, i will make that very clear. also this thursday, the bank of england kept its benchmark interest rate steady. if we look further at the brexit issue, british broadcaster itv says advertisers are holding back spending ahead of the june referendum. itv says execs advertising revenues to be fairly flat during the first half of the year. just two months ago the company expected the european football championships to lift at sales. if we stick to the u.k., british prime minister david cameron has been hosting an anticorruption summit in london and he has pledged to make foreign firms that own property in britain to reveal their identity of the true owners. britain is one of 6 countries to agree to publish registers of really owns companies in their entirety. france and nigeria has signed up. reporter: the international
summit in london comes less than a month after the release of the panama papers that revealed how global elites use anonymous company to avoid paying tax. crucially, the also put the spotlight on britain among the companies cited, more than half are incorporated in british tax havens and some of them have been used to buy property in britain. this letter david cameron to an ounce a series of measures to ensure the money is clean. .m. cameron: i believe corruption is the cancer at the heart of so many problems we need to tackle in our world. reporter: under the rose plant, foreign firms would have to declare their assets in a public register and revealed the true identity of their owners. according to the government, these measures would make potentially suspicious investments more easily traceable by british tax authorities. but critics say it is the global
culture of corruption that needs to be shifted. >> i think it is a really important step, but it needs to go further, because this is like a game of walkable -- wh ack-a-mole. as you hit a problem somewhere, it pops up somewhere else. we need to crack down on it is her transparency of companies and trusts. reporter: some of the u.k. territories have agreed to share their own company ownership registers with tax authorities in 33 countries around the world. campaigners say they should go one step further and make the registers public. leaders of the cayman islands and the british virgin islands say that while they are committed to more transparency, such measures would undermine their clients' . markus: next, the chief executive of nissan says the carmakers new partnership with mitsubishi is a win-win. he announced that nissan will stake.2 billion for 34%
in mitsubishi. they will show platforms, purchasing, and technology, while maintaining separate identities and brands. it would make nissan the biggest shareholder. value has dropped dramatically in connection with a scandal over the fuel efficiency of its vehicles. he still believes that this deal is a good one. >> i would not be putting 237 billion yen in the company if i was not optimistic about the prospect of the company. i am voting with the money of nissan. i believe there is a lot of potential in cooperation with mitsubishi. this being said, not only positive synergy, there are also some risks. but the opportunities by far outweigh the risks. markus: ok, so fairly hosnat-sounding carlos g there. and united states commissioner sevcon from negative to positive territory in the last couple hours, at least when it comes to the dow jones in the s&p 500. shares and apple are down, which
is weighing on the nasdaq in particular. , downsdaq still trailing by around .2%. in europe, indices for in negative territory as well. we saw mining stocks fall. int weight on the ftse london, which is a mining-heavy index, so to speak. the frankfurt dax losing more steam. by .5%.aris was down you up-to-date with individual company news and we are seeing shares in the american company one center searching on wall street. it follows reports that the maker of herbicides is attracting attention from potential buyers. bloomberg says the german chemical company could launch a $40 billion takeover bid. streetinsider.com says
another german company is also eyeing a bid. the companies are declining to comment. the world demand for oil will grow at a solid pace this year thate global supply glut has been undermining food prices is set to shrink grammatically. that is according to the international energy agency. time, that harris-based think tank says further price rises over the next few months will be limited. and the biggest cruise ship ever built has been delivered to cruise ship operator well caribbean.- royal it was built on the west coast of france by the company stx. is 362 meterss, long, and 66 meters wide. it has the capacity to carry more than 8000 passengers. and crew. melissa, it is essentially a floating cap.
[laughter] melissa: exactly what it sounds like. a look at the business headlines. we will check out all the glitz and glamour of the cannes film festival. today was day 2 of the 69th edition of the festival. we go to the very latest from the riviera. reporter: the buzziest film of the festival this year is without a doubt "money monster." it is a thriller starring george clooney and julia roberts and is directed by jodie foster.
clooney plays a financial tv talkshow host who was taken hostage after giving a bad tip, and julia roberts is the producer calmly speaking in his ear. "money monster" had its world and whilen cannes, jodie foster the director has been coming here since she was 13 with "taxi driver," for julia roberts this is the first festival ever. >> without risk, there is no reward. >> who is that guy on camera 2? >> is this a union thing? >> stay calm, i am right here. reporter: a celebration of capitalism gone wrong. in the show "money monster," a finance group gives advice on how to invest in the stock market. but after a company he backs goes bankrupt, a disillusioned viewer decides to get his revenge by taking him hostage. for her fourth film as director, jodie foster tried to get a human dimension to the financial thriller. : there is constant
helicopters and guns and bombs, and you know, fast-paced excitement and all that. but ultimately, the real jewel in it is the relationship between these two men and this woman in some ways, played by julia roberts, who is producing george's survival. reporter: for lead actor and coproducer george clooney, the movie was also a way to denounce the excesses of wall street. george: we love the idea of talking about how when things go wrong we don't understand what it is that went wrong that causes you to lose a lot of money, and when those things all go wrong, the little guy kind of gets screwed. i thought those were really interesting themes. reporter: it is the fouh time in their career that george clooney and julia roberts appear together on the big screen, and for the iconic actress, "money monster" is much more than a simple hollywood thriller. julia: i think it is a story about, you know, all of us feeling in control or not in
control of our own lives. it is people who are brought to their tipping point, and then what happens. filmter: at the cannes festival, where the movie was aired for the first time, the reactions were generally positive. >> i really love the chemistry between julia roberts and george clooney in the movie. they seem like old friends. they really make the relationship work. >> there really is a jodie foster style. jodie really make a movie her own. not a style i can really explain but i will be following it closely. >> i had a good time. , iis not extraordinary wasn't overwhelmed but it is a really entertaining movie. reporter: fast-paced and entertaining. "money monster" explores the shortcomings of modern financial institutions, and it does so through relatable characters whose weaknesses are all too human. >> these guys are stealing everything from us and getting away with it, too. "money monster"
is the buzziest film, one of the buzziest actresses is kristen stewart. she is hollywood royalty, starring in a 2 films in cannes . "personal shopper" is sort of fashion meets ghost story, and she stars in the new woody allen movie, the opening felted my colleague met up with the no-nonsense actress here in cannes. >> you fall in love, you lose control. >> is that good or bad? reporter: hello, thank you for being with us. what was it like to work with the legendary directors such as woody allen? kristen: it was a wonderful film making experience, actually. from start to finish it is a very well oiled machine could he makes a movie a year and everyone he works with -- it is in entire entity. all the thoughts you have about
him going in he satisfies. he is really, really funny. he is staggeringly intelligent. and upon reading the script, they are so perfectly written to the most intimidating thing was being able to fit all of those words into my mouth and service that rhythm that he always s.complishe it was, like, intimidating, but so fun. like, it was really indulgent and really fun. >> if i was her boyfriend, i would not travel, or if i did, i would take you with me. i hope he knows how to kiss you and all the rest. >> between us. reporter: you are also here in cannes for "personal shopper" with olivier assayas. i heard it was a typical and exhausting experience. couldn't donew i
"personal shopper" before "cap a society." olivier wanted to go immediately and i said there was no way -- if i do "personal shopper" correctly, i'm going to be incapacitated by the end of it. me in thelly did kick teeth and the best way. it was really lonely and called and kind of scary and exhausting and way too heady and it is a genre film, kind of a horror movie, but the scariest part of the movie, it doesn't necessarily involve is for natural aspect of it -- the supernatural aspect of it. it is about the questions that could keep you up at night -- oh, my god, and my real? those questions that don't let you sleep. that is what the movie is about. oath.we made this
>> sign from the afterlife. > you could call it that, you could call it a million things . reporter: you were only 10 or 11 when you did "panic room" with jodie foster. what did you learn since then? kristen: oh, my gosh, a lot. what have i learned since i was 10? [laughter] i was very clear version of myself at 10, to be honest. i'm trying to get back to that, you know what i mean? when you are a kid, you are kind of a pure version of yourself, and then you turn 13 and a whole lot of things start messing with that. i feel like every year i've gotten older and sort of becoming more and more like i was when i was a 10-year-old. i hung out with jodie foster the other day, and i haven't seen her in a while, and it was so
05/12/16 05/12/16 [captioning made possible by democracy now!] amy: from new york this is , democracy now! quite that is what pinochet did. torture them and killed them. what is the difference i would ask the american people between us and p;inochet? amy: the pioneering human rights attorney michael ratner has died at the age of 72. from attica to assange, the longtime head of the center for