CNN 2011-12-04

   Awesome 1 art and awesome way to start out show, thanks to those students, thanks all of you who spending part of your Tuesday with CNN Student News.

       First Up today, we’re looking at a combined effort to try to support the global economy, the Federal Reserve, the Fed is the United States central bank that means it’s the country’s main financial authority which is responsible for printing up money and setting financial policies. Yesterday, the Fed announced a plan that involved five other central banks from around the world, they’re teaming up to make it easier and cheaper for banks in any country to borrow U.S. dollar and other global currencies. Sometimes banks need to borrow money in order to keep doing business that’s especially true when there’s a financial crisis like the one happening in Europe right now. So this plan might sound like good news, that could help the European economy it seemed to go overwhelm with the investors 2, global stock markets went up yesterday. But some analysts 3 are saying this plan isn’t actually good news that it won’t solve Europe’s debt crisis, they believed it just showed how worried these central banks are about the crisis getting worse, and possibly spreading to other parts of the world. 
       Is this legit? Government and employees work in the public sector 4. This one is true. The public sector is a part of an economy that provides basic government services. 
Those services can be different from country to country. Some examples are public sector jobs might include police officers, some transportation worker or public school teachers. Those were some of the folks who walk off the job yesterday in the United Kingdom. Strikes swept across the country, the employees stopped working to protest government plans to reduce their pensions, those are the benefits that workers get after they
retire. The British government said the strikes didn’t have much impact on public services, though more than half the country’s schools were closed because of the strikes. Dan Rivers looks up to the buildup to this dispute between the government and workers. 
      In Britain the age of austerity is getting increasingly bitter and acrimonious 5. First the students fought battles over the rising cost of education, now the protest spreading, this time over pension reform. From closed schools where teachers won’t turn up to chaos 6 at airport boarding agency staffs were also working out, even some none urgent operations at hospital has been canceled as staff strike. All in protest government plans to cut state worker retirement 7 plans, unions are linking it into a general strike, substitute scope and potential effect. The phrase general strike evokes 8 echoes of the 1926 action, the crippled Britain, 2011 won’t be as bad but it’ll still cause major disruption. Everyone should be clear, there is going to be disruption, and reason for that disruption, the responsibility of that disruption, I swear they will trade union leaders who decide on the strike even while the negotiations 9 are ongoing 10. I think that is irresponsible, I think it’s wrong, people should know whom to blame.
       The union blame the bailout of banks for the current sway of cut backs just the short distance from the glittering financial quarters of // is once all closed for the day. Peoples at George Greens may be smiling at a thought of an extra days off lessons, but it’ll cause headaches for the parents. Teacher // is going on strike for the first time in her 37-year-career.
I’ve never been in a strike when I was a teacher for the 80s when every second day seemed to be a strike, but I don’t really believe in striking, but I just don’t feel there’s anything else we can do.
       U.S. Secretary of States Hillary Clinton is doing something that hasn’t happened in 50 years. A U.S. Secretary of States is visiting the country of Myanmar. This is the country the U.S. government says it knows the least about. The south east Asian country is reclusive, Myanmar which is sometimes called Burma tends to keep itself apart from the rest of the world. The Secretary Clinton is hoping to learn more about it during her two-day visit there. She was met by officials when she landed the country’s capital yesterday. A military government ruled Myanmar for nearly 40 years, and reportedly used harsh policies against its people. The country has a new government now, and it’s been making some reforms. Secretary Clinton says she wants to see how serious Myanmar is about those changes.