and demands same dependence. in the 1st part of a documentary series al jazeera looks at how the colonial unrest grew. conflict to no jury up and full scale warn indo china blood and his french tea colonization on al jazeera lou. hello, a more tighter and under the top stories on how to 0. at least 13 people have been killed in an explosion in afghan astounds capital cobble. the bombing targeted the entrance of the 2nd largest mosque in the city. a memorial service was being held there for the mother of taliban spokesman's abbey huda would yeah. he'd at least 32 people were injured. taliban officials say all of the victims were civilians and no fighters were harmed in the attack. stephanie deca has more from couple there seems

to be some kind of a security sleep carried out by the taliban across different areas of the capital. here cobble one taliban stores confirming to us that 3 ice, okay. fighters had been killed when they detonated suicide vests. when they were besieged in a home and we've seen video of certain areas of heavy exchanges of gunfire. now, having said all that to there still hasn't been any official claim of responsibility when it comes to that attack outside the most bizarre. and i think this seems to indicate that the taliban is pretty sure, at least at who was behind that explosion. a huge leak of financial documents is exposed. the secret dealings of some of the world's richest people, known as the pandora papers. the documents reveal that among other things, king abdullah, the 2nd of jordan, has built up a property in by worth more than $100000000.00, including properties and malibu, washington, dc and london and ask it in the u. k. his lawyers say all properties were bought

with personal wealth. libby as coast guard as intercepted a boat carrying about $500.00 refugees and migrants to europe and has returned them to libyan shores. another vessel rescued, 65 people traveling from libya on a wooden boat on saturday in recent days, libyan security forces of detained thousands of migrants during raids. the un says one person was killed and that these 15 others injured in the crackdown and thousands of supporters of 2000000 president guy said to have rallied in the capital tunis and across the country. demonstrate to say they back science pharmacies to change the political system. on sunday police arrested an m p and a t. v presenter. you've been prominent critiques of the president and russia's daily krenover as death toll hit record 890 on sunday is the 5th time. in the past week, the deaths have reached a new high witness continues now and i'll be back with the news asked right after

that told me that if you can, why for now you should by you are see here and i an app a call come on being with the largest real estate private equity firm in the world. we've got investments and people around the globe. but by keeping our business entrepreneurial, we can move very, very quickly. john gray is the global head of real estate for blackstone group, which is the world's largest private equity manager. so one of the market you went into was a single family homes. and i know you have a big port hobbs at 50000 or yes. so how do you even find 50000? yeah, the buyer. you need a global financial crisis for that to occur. you're sitting around in 2011. you're

saying, where is there a large pool of assets that are going to be sold by financial institutions. and big discounts to underlying replacement cost, and it was pretty obvious. it was single family homes with spend $25000.00 or so fixing them up. and then let's random out and make income producing assets out of them like an apartment business, but just not in one large complex, but if we do it in enough scale, i was just poking around, trying to get my head around some of the am stuff around hedge funds and buying app distress, mortgages and all of that. and i went on to the blackstone website and i've worked with bruce for more than 20 years. he's an advocate and i think so differently than anyone i know. so basically buy up a whole neighborhood, gentrify the whole thing, and double or triple the value of the realistic just because you've jumped for the

neighborhood, of course, everybody else. oh mm hm. and makes no mention of people really at least at least that by minute. 16 and a half, he hasn't mentioned like the people that would be living in those places. we own properties around the globe. we buy these investments on behalf of companies like wax only, or any the big financial enterprises were the big winners in the crisis. ah, there with rick winners in the housing market. ah, there wasn't big winners in the equity markets. it was as if the u. s. government, rather than helping the homeowners who were losing their homes, actually sided with the banks, encouraged foreclosures to clean up the books. gave the money to hedge funds in and private equity firms who then bought the, the distressed assets to make money. so it is the way that the 2000

a crisis has played an important role, increasing wealth inequality in united states and, and other countries that have been inflicted by the crisis. ah, it doesn't totally work as the statement yet. let me give you a snapshot of the new world of housing, and while i do so, i urge you to reflect on the image is behind me for just like that. like, i can't remember how we did it with the homelessness report. but i remember when i was re reading my statement, i did have that if a pin dropped, we would have heard it in the room and that's what i need because they know half the time they're on their blackberries and not paying attention live there. i phones, i suppose now, you know, i mean homelessness is a bit different to, you know, we're seeing images of people and part of the problem then is that when you're describing the stuff is supposed to be shocking. it's all cranes and buildings of glass and stuff. and so you're not moved to the same. one. distinguished

delegates, we are living in a new world, a world in which the housing sector has been transformed by global corporate financial actors and massive amounts of excess global capital. global residential real estate is now valued at $163.00 trillion dollars. more than twice the world's total g, d. p. housing has been financial ised valued as a commodity rather than a human dwelling. what i am suggesting is a significant change away from the commodification of housing in order to retrieve what housing means in terms of human dignity and security as a lived experience, as a human right. thank you. and, and,

and, and, and, and a little thing for the near buildings, the new estate which now called elephant paul, which replaces the high guy state where i used to live with like so many, all of them when you flatten as part of the development sold in hong kong and singapore, when that sold overseas, they're not necessarily so for people to live in this old as invest wouldn't like to sort of romanticize what it was like before. right. but it was an ordinary council, the state of ordinary families in it was at this time of day, most of them would be enough to walk and off to school, read to college and so on. ah,

we're dealing with a very, it's a very particular perry, the elite feel free to violate basic laws. and ah, and then they're surprised that there is bitterness among their the working classes that have lost an incredible gra, i mean, a lot of ground in our society. so it's a tough moment. and that following the money brings up a lot of very substantive reasons. as to why people are so angry, they don't know exactly. they don't have the knowledge, but they know that something is not right. my own work was concern about asymmetries of information. the fact that some people know things that other people don't. and that gives some people the ability to take advantage of others. ah, you can make more money. not by making a better product on lowering cost to production, which is the standard economic analysis. but by fishing for fools

looking for people you can take advantage of or not create a wealth, or actually just taking wealth. if you're somebody like the head of blackstone, i've heard of dog on the big advantages of no regulation of deregulation. ah, poor, she wants to be able to exploit the people who are living in his properties. ah left hand corner, yet one flak was then i say bought my flag. so i own that flat unpaid, my mall gates. the problem is the price is round here. in a foot in

a ground floor. any, any flat round here is ex dosma. yes. and they wanted to give us like a little bit of money. i say of you go, but then i'll have to move out of london. so i decided to, to stay with friends. most of the people that live in that town block are still not been homes. 9 months later, 9 months later i am now in a hostile it the place that they could offer me could be anywhere in the country. and if i don't accept it, i become intentionally homeless anywhere in the country. well, yeah, i mean it could be birmingham, it could be manchester anywhere. if you can treat people after a tragedy like that, the way they're treating them now. while health does anyone have lou

i was picture myself like i'm 5 foot to i'm from this like nowhere place. and i'm trying to make a huge difference globally. i'm trying to change an entire conversation that's embedded in the way people live all around the world. and then i look back at that girl from ottawa, i'm sitting in her basement office and it's like, what am i thinking? i am i, i guess it is, this will kill us. am i being ridiculous to a, it is a totally dysfunctional system. so in the late 19

seventy's 19 eighties, there developed a, i've called an ideology or religion that merge you solve all problems with still the big winners will be big listed in the name of the common should the winnings be redistributed to the losers to the end if everybody ends up where he started, it would take on the lot out of getting the high priest was built friedman. the big experiment was truly underpin oshea. they took their dictator to really implement these ideas. they thought that if we privatized to way regulations, lower taxes, growth would go up, everybody would get more. some people get a lot more at the top. but putting aside envy, everybody would, and a bigger piece of i ignored

the many instances where markets do not work well. it was so murdered freeman gave them economic argument for why they should be unconcerned about morality. for after a 3rd of a century of this experiment, we know that it's wrong that you can make money by destroying the world. and there's something wrong with that. ah, if we're going to defend the cities as we know them, i can't do it alone. i decided to create

a new movement called the shift so that we can come up with ideas of how to protect our cities. so it's not an n g l movement. it's not a movement of just cities. it's a movement. hopefully, all stakeholders you know, that i don't getting to be launching the shift here in barcelona, where the effects of financial i station have taken hold. and where there is a mayor like attica laugh, i hired a young woman, julie who had a background in international human rights. god patent these, these a move them up one 3rd of desk world wide are linked to poverty and inadequate housing. a world wide movement to reclaim and realize the fundamental right to housing and bring people far thought of exports here than if he knows that

a few of them are. fiona. if i speak with you on gonna be be in the lock and see if you feel, you know, been, i see and there was grand, this got the dallas get come up with this and this in back. i'm in most i feel that . but as i got maxine was when, if you see us, i pushed the spic will at columbia the premium if you see them look like i'm, i've been looking at them. blackstone, the largest private equity firm. they have more power than the state. you know, how are you? yeah, you know exactly. you're crying when we have some of these edge pounds trying to speculate on the say they want to buy that building. you buy it for you, but we do it because we have money and it's a lot of me because you're paying my part. yeah. that, that could be expensive. i'm interested to know how the investor is vulture, funds, the hedge funds, air b and b are reacting to what you're doing in the m. b is where they may not actually normally we ludo, mom was we had

a civil forget not so bought a some, some groups acting like authentic my peers read now. ah, really you don't get a few women children and to have that moment to where you can talk about your kids and talk about painting the world. i am like it was so tiny before we got here and now it's like the mayor. right?

so the question is a big question, are you out for it? okay. ah. 2 the big private equity it has taken me some time to ask the question, where are they getting their money from? ah, pension funds have a huge amount of money and they need to grow in order to make sure that the people who pay into the pension fund has something to live on their working lives. mm. mm. my mission to south korea was grand. well, before i had this one piece of information,

but some of the largest pension funds are right here at the national pension service, is the 3rd largest pension fund in the world. it was one of the poorest countries. and now in the 11th largest economy in the world, in 50 years, that's pretty impressive. but of course, to make that happen in a 50 year period required. a kind of brutal is them master development and a half ago, what did people don't know? how to go, you know, to, you don't pay you thought you, i always will use, i think will do here is a will close. it is i will on you you you got hold on, do you do you do packaging on time? oh, oh, you go. good. love on your could you when you come out of

a blue oh, you don't lose mobile device or to read it, which is not a lot to deal with. all the little to pay to talk will go in repetitive. oh no one seems to know that that's where their pension money is going. no one seems to really care. i did speak with a couple of representatives from the national pension service and they were pretty matter of fact at 1st about you know what they had, what their job is and i get it. their job is to grow money for pensioners, and we give our money to asset managers. and they then decides, or where it gets, and best dead ended, so distancing themselves from it. so in other words, it doesn't really matter where the pension money's going. as long as it's

a good return, national and city governments in south korea need to make some major shift before they will be in full compliance with their human rights obligations. you know, human rights law is very specific about those types of projects forced. the vixen under international human rights is considered a growth, violation of human rights. people die enforced evictions and people's lives are basically ruined. so it's not to be taken lightly. ah, poor issues, you know, climate change housing, they ought to be bedded into the fiduciary frameworks of ranch farms.

pension funds are representing people who are going to retire in the you have to ask, how would they feel about this? would they feel comfortable with only shares in a company that is that immoral? ah, i've lived there 38 years. i've paid my rent for 38 years and they're supposed to upkeep the building. they're supposed to do stuff, but the management company, as i readily admitted, there's been nothing done for 40 years. so where is all that money i've already spent? and now the new company wants me to give them more money is a familiar story with yeah. is this the same situation? is the same situation we were dealing with here. so yeah,

talk of the media. and this is how we the registrar correct burg here in the 1st month as a rent strike and we were, we went in a month floor. so it's a bit of a hall that it's worth all your time and effort. so i'm sure some research, we've discovered that this property management company has investment companies that have certain shares, and one of them turns out to be a 28 government pension fund holder. so imagine you have george here on the pension, and they are taking care of money for pension holders, right? wait till they find out that somebody who's not a pension is being extorted and they're, they're pushing them out. i get back tuesday night, the lane you know, we're doing the shift meeting and then the mayors are going to be there and now it's pretty cool. i feel i li, you know,

things can go sideways. overwhelmed? no, i don't feel a very nice me a with me look any other corner for this? i would i think it we have come together. we've cds, we've partners. we look at government association to build partnerships in b, b and b, a freshman mission. we have a choice of music. ms. neal was

good to know that this will go to law, shall ga. gov. you bob, get windsor bullish. oh joker yogi. sailors who's in we bought them from dr. young comes out. appleton curves for massage. pretty true. so homely, the, if you don't know, jesse, what you around this table do, can have a huge influence. it can guide other cities to prevent powerful financial actors. and they are powerful from dismantling cities as we know them. we thought a lot about about whether us, right, the right time for new york to sign onto this declaration. and we decided it really is. i mean, these are issues we're all grappling with. we do feel like it's a great opportunity to be a learning from each other, so we're very excited to be part of this. thank you. them

with any pictures of you? no idea. anyway, we do need to do. we should do another piece. now jane deadman is back from the guardian. i wonder about taking another kick at the cam on financial ization. i think with the one thing the one take away that they should know is that cities around the world are shipping and publicly doing so. and number one way or

ah, one of the fastest growing nations in the world. one a cutout needed to open and develop it's cool. international shipping company to become a teen, middle east and trade and money, skillfully my 3 key areas of develop, filling up front of connecting the world, connecting the future. ronnie, gotta gotta gateway to whoa. trade. hello

good to see who hears or whether story for asia pacific. we've had a frontal system sliding across the yellow river valley. as them the darker colors popping up there. the dark of the color, the more intense the rain is falling and were seen it swoop in to pyongyang and also sol on monday. now there are some dry spots to be found. this is for eastern areas of china, so we'll get shanghai $32.00 degrees full on sunshine. also clear conditions in hong kong with a high of 31 degrees southeast asia. we've got our storms come in and go in here, but there is some particular concern. as we head toward the philippines looks like we could have a tropical cyclone cooking up. and this is going to slam into this southern islands . winds will also be a major player with this one in and around see blue on monday. now as we go down, under some storms have been plaguing new south wales, affecting city, and still that instability toward the southwest corner give you a wider look right now because another frontal system is slicing into western australia. so we will see conditions deteriorate for places like perth. ok for new

zealand, it's all about deteriorating conditions. here we've got full on rain, heavy falls, auckland, to the escape, also affecting gives bin with a high of 19 degrees. don't forget that umbrella. so you so ah, all al jazeera world reveals dramatic pictures from garza in may 2021. i've lived there for a number of years and it, there's no where safe account done to his really miss on the tax. on for timer books. why we're tired school of families, businesses and media organizations, simply blown up goes a 60 minute warning. oh, no, jesse around the latest news as it breaks, there's millions of people who are feel good with uncertainty about what will

happen with the economy, with their income and their lives, with detailed coverage. so career is hoping china with considerable influence over north korea to bring it back to the negotiating table from around the world. has the law is being accused of trying to expand around the influence here in, ah, this is al jazeera ah, hello, i'm lauren taylor. this is the and is there a news i live from london coming up? at least 13 people are killed in an explosion upside to cobble mosque during a memorial service for a taliban, spokesman's mother, the king of jordan, and president of azerbaijan, a named in

a huge league documents exposing the secret wealth of well leaders. ah.