Benefits of the olympics as it waves goodbye to the games. One american athlete has found his actions in brazil to be more costly than most. The latest on the fallout for ryan lochte. Anchor lets begin with what is mmitg billed as a minisu for leaders of three of the biggest countries in the European Union, coming together on a small italian island. Our correspondent reports. Reporter matteo renzi was quick to say everybody thought the European Union was finished after brexit, and these three leaders were trying to emphasize that europe was the solution, not the problem. They discussed defense, terrorism, and Economic Issues you mentioned earlier. Francois hollande was at pains to say we need to generate more economic growth. All three leaders had a focus on young people. All wanted to generate jobs for young people and try to create a different kind of future. Turn the pageaid, to create a different kind of europe. It is important to emphasize these leaders are facing some harsh realities in their own countries, even though there was a push to downplay nationalism and egotism in their own countries. There are elections looming in france and germany. The italian Prime Minister is facing a constitutional referendum in november, which will undoubtedly be a popularity poll on his status. These leaders are creating a picture of solidarity and unity, building a future for europe together. Someare trying to downplay of the problems in their own countries, in their own backyards, as they face elect world electoral realities. Anchor a militant has made history as the first pleasing person to plead guilty to destroying cultural heritage. Almahdi ordered the destruction of sites in timbuktu as affronts to islamic values. Prosecutors will seek nine to 11 years. This caseists hope will send a warning that pillaging of ancient sites will not go unpunished. Kathy clifford has been checking in on how malians are reacting. Reporter as timbuktu watches mayorial from afar, its celebrate having gotten this far. We thank god and all our partners, all who have helped with his arrest so today, justice can be done. Everyone should know that nobody is beyond justice. Reporter as people here rebuild their city, seeing almahdi tried is of great importance. The people of timbuktu have been waiting for this trial. These people have caused harm to the population. This trial must go ahead so the perpetrators know the harm they have done. Reporter at the hague, the head Malian Human Rights Association says there is a long road to redemption. These mazza liams are our aretitutional mausoleums our soul. Only parts of the crimes have been accounted for. We would like prosecutors to continue the investigation into other crimes perpetrated in timbuktu, especially towards women. Still, they welcome the case. Have criticized the government for failing to file more charges. A complaint has been filed in malian courts on behalf of 33 victims that accuse almahdi of rape and sexual slavery. Anchor he ran the country once and got voted out. Has Nicholas Sarkozy announced he will be trying to get his old job back. He is entering the primary race to be candidate for his party in the next president ial election. The announcement came on social media with a link to a new book which sarkozy will publish in the coming days. He is the head of the opposition, but not the favorite to become a candidate. That position is held by a former Prime Minister who is also favored to win the president ial election itself. Another political battle beginning across the english channel. Laborship of the u. K. s Party Ballots have gone out to party members. Jeremy corbyn has only been in the job since last year. He owes his position to grassroots support, but he is under pressure from the party, which does not believe he can win a general election against the currently ruling conservatives. The Olympic Games may be over, but scandal continues for ryan lochte. He has lost a lucrative sponsorship deal with speedo after he admitted to exaggerating a story about being robbed in rio. The company is donating 50,000 that would have gone to lochte to the charity save the children. Preparations for the paralympics are beginning. Commentators are giving their verdict on whether rio rose to the challenge of putting on the worlds biggest sporting events. Reporter this was the scene at copacabana beach when rio won the olympic bid. Tens of thousands watched the decision live from a giant tv screen. Thenpresident cried when he heard the news. Euphoricrs later, the celebrations seem like a distant memory. Lula faces trial for obstructing justice. Efma recep dilma rouss could be impeached. E the world is watching rio, no one is watching brazilia. We are here without any news except for how great rio is. Reporter since rio was awarded olympics in 2009, the the lulasdays of presidency has come to an abrupt end. Health care is bad. So is education. If there is no work, we work on the streets. Reporter this family watched the closing ceremony fireworks from their home in a favela. Too expensive for many locals. The legacy of the games is quite significant. When it comes to security, considering the politicians we have around here, i think everything will go back to how it was before, unfortunately. Reporter the government gave in almost a billion dollars emergency funding to see it through the olympics. Now the games have ended and old problems remain. Residents want to know what happens next. Dig a little deeper into how the rio games was passed off. Im joined by anthony parera, director of the Brazil Institute in london. We had some medical voices in our report just there. Would you say it is time for a gold medal for brazil or a wooden spoon . Somewhere in between. There is a lot of relief in brazil that the organization of the games went well. I think the Opening Ceremony impressed a lot of people, gave an International Audience knew in new insight to the history and culture. From politicale conflicts that have been churning in the country and that will return now that the closing ceremonies happened. Anchor as we just heard from some rio residents who are skeptical about political leaders, they say improvements in security will fizzle away now that the games are over. Do you share their pessimism . I think when it comes to security, that is true. In a way, people have more to fear from what will happen after the games than during the games itself. Army,were so Many National force, and Police Personnel in the streets. Yes, i think there is going to be a bit of a hangover. The political situation is still complicated. Fs impeachment trial would begin thursday. The interim president did not go to the closing ceremony. He is aware of the opposition to his presidency does not see him as coming to power through legitimate means. He has a lot to do. He is expected to return the country to growth. Market actors are impatient. Congress is not that keen on austerity, which is what he has pledged to put through. So he is walking quite a tricky tightrope. Anchor and of coarse we have the paralympic games. Paralympics has warned that those games could be in jeopardy. Can you see brazil getting through the paralympics upsetfree . I think they will get through the paralympics. There are worries about ticket sales. You saw images from the previous part of the olympics, where there were empty seats. There are worries about ticket sales. I think they will get through it. I thinksome brazilians, they will start focusing on the elections scheduled for october. The campaign has already begun for those. There might be somewhat less of a distraction away from the politics with the paralympics, especially if attendance is not as high for the other Olympic Games. Anchor thank you very much, anthony, the director of the result institute. Thanks very much. Anchor we go now to turkey. More funerals have taken place today for victims of saturdays bombing at a wedding in the southeast. Mourners in the east gathering for the burial of a 17yearold. Killedan half of the 54 in the attack were children. Turkeys president accused Islamic State of being behind the blast, saying he believed it was carried out by a child between 12 and 14. Authorities have no clue who the perpetrator was. The cleanup begins as residents try to scrub away the memory of a night of destruction. Shops on the street remain closed. Some who witnessed saturdays deadly blast lingered, shocked that a moment of joy could so quickly turn tragic. All, we heard the sound of an explosion. Body parts poured down. Nobody was left unhurt. They were all lying down. They were all in pieces. Arms, hads, their come off. I cannot go home. My sister did not let me go. Now i am here. Reporter the wedding awning is the deadliest in a spate of attacks over the last year, including an attack at istanbuls maine airport. President erdogan blamed Islamic State. Wedding party was for a member of a prokurdish group. This latest terrorist attack is a stage for the Islamic State group. The group recently tried to establish itself there. Reporter just 40 kilometers south lies the syrian border, where fighting has escalated between Islamic State and Syrian Kurdish forces. A state ofpite emergency that limits public gatherings, gayrights activists have rallied in istanbul, calling for justice after the murder of a transgender woman. Fake,er the wounds are but the threat is real. Protestedn istanbul against violence towards transgenders after a body was reported burned beyond recognition. A prominenter was rights activists and a beloved figure in the lgbt community. We will fight until we find those responsible for the murder. Reporter the rally was held despite turkeys state of emergency, which limits public gatherings. It comes after another gay refugee was found decapitated in istanbul last month. Unfortunately, in europe, there are more hate crimes in turkey than any other country. It has been years we have been trying to get our message across at the highest level to change laws concerning hate crimes. Homosexualityle is legal in turkey, hate crimes are common. Transsexuals have been killed in the country. They were never likely to trouble the united states, great britain, or china, but fiji has celebrated the return of its athletes in style. The team took the countrys first ever olympic medal in rio, a gold to boost. Hundreds turned out to a parade in the capital early on, saying it was a joyous day. Fiji has fewer than one million inhabitants. Congratulations to them. With aime now to move on Business News update. We are going to start off with a protest by french farmers, Dairy Producers who has started gathering outside one of the countrys biggest dairies. They will be demonstrating throughout the night, saying they are being forced out of business by companies that set low. Prices too rhe average french dairy farme earns just . 27 per liter of milk. Pays its suppliers even less. Those gathering outside the companys headquarters say they are struggling to survive. Producers, weand are just drowning. We feel as though no one is going to react. To make a decent living, we need . 38 a liter. Pfizer is buying medevation for 14 billion. Ion has been the subject of several takeover bids in recent months. The Company Makes a popular Prostate Cancer treatment. Profits have doubled in six months over rumors of a takeover. Pfizer was forced to abandon gen earlier aller this year. It was scuttled by changes to u. S. Tax rules. The major european indices dropped, closing down half a percentage point each this monday. Wall street has been fairly flat after losses in the first half of the session. Shares fluctuating backandforth as the session goes on. Up after newsres of the pfizer deal. Oil markets are weighing on trade. 3. 1 . Crude is down volkswagen has been forced to shut down production at several plants in germany after a dispute with suppliers left workers without the parts they need to construct the popular golf model. Reporter this volkswagen factory is the most emblematic of the german carmaker. It produces over 4000 cars per day. It is one of four factories that halted production lines. Another two will follow suit later in the week. 20,000 staff are expected to be affected. Many others have been sent home. Two externalh suppliers who have stopped delivering to vw in a contract row. Their incomes were hit when the carmaker cancel a contract. Vw says it is continuing efforts to reach an agreement with suppliers. Shares have largely resisted the latest roadbump. Apparently, the markets are convinced that vw will agree with suppliers. The government is threatening a penalty payment. I think they will be in agreement this week. Reporter it is another blow to the german carmaker who, in september, admitted to an emi ssions scandal. It agreed to fix millions of cars worldwide, resulting in the first quarterly loss for 15 late of 2. 5 billion in october. Says somement, vw factories will reopen wednesday and others later in the week. It expects to meet delivery dates. Taking a look at other shares of adlines, swiss energy group have soared 10 . A deal will be worth 44 billion, the biggest ever takeover of a foreign firm by a chinese company. A steelmaker down 2 after its South African unit 110 million a fine for pricefixing. South africa began investigating steel producers in 2008 and ormittal had been dividing customer orders. Sony expected to unveil an updated version of its playstation 4 console. Wall street journal says the company will introduce a highend version of the platform. They expect to make an announcement at an event next month. The vote to leave the european causedwo months ago has uncertainty for businesses. Withs only land border another country is between the republic of ireland and ireland. That means irish shoppers can get more for their euro north of the border. That is bad news for companies that depend on importing goods from ireland. Reporter looking to snatch a bargain . Near the border with ireland, irish shoppers are flocking north. The brexit has driven the pound down to record lows, making shopping in Northern Ireland cheaper than ever. I came to buy a large item that was priced at home around 550. I got it today for 299 sterling. We would have weekly customers coming across the border anyway. But the frequency of their visit as probably increased. They are coming from farther afield. Reporter that is where the good news stops. Retailers who rely on imports have been hit by rising prices. Kellys hardware has to pay more for timber and machinery. There are going to be duties and so forth on a lot of the goods coming in and going out across the border. Reporter crossborder trade has flourished since customs controls were scrapped in 1993. Doubtexit vote has cast on whether the open border can be maintained until the u. K. Unravels ties with the eu. Anchor finally, his antics out of the Swimming Pool grabbed headlines during the olympics, and they are hitting his wallet. Speedo and ralph lauren have ended endorsement deals with ryan lochte after he lied about being robbed. Speedo will donate a portion of his sponsorship the to a fee to a brazilian unit of save the children. Speedo is the First Business to cut ties with the 33yearold. Ralph lauren was quick to follow suit, saying it would not be renegotiating the contract for the rio games. A costly mistake on several levels. Moody joining us. We are going to take a short break. We will come back with a full news update. unx [captioning made possible by democracy now ] amy from pacifica, ththis is demomocracy now bombs, our sons and daughters,s, what are they doing to us . What h have we done to them . Amy the u. Sbacked saudi bombing yemen connues as him and falls further into a hunitarian crisis. Saudi forces recently bombed to popsicles, killing at least 14 children, and hospital run by doctors without borders,
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