if fall is a group of working class kids pursuing that passion for illegal dirt, bite, wriggling, 1st time director low liquid role spent 4 years investigating the motor cross scene . she says she wanted to create a character we rarely see on screen. she is as to impolite to to say that dr. hello, i'm julie. how are you? no, no, no. she is leg by breaking the world in. get into the group. her i leg violence. her female character, female direct is like quiver all under miss offering fresh voices in cinema. the films were snapped up even before being screened and can proving the audience appetite is already there. charlie angela al jazeera can ah look at the main stories, the sound rushes defense ministry says it's now in control of mary poll after the

last ukrainian soldiers hold up in the ass off cell still work surrendered, ending a weeks long siege. there arriving in alaska where they'll be held as prisoners of war. cremeans as more than 2400 fights of put down their weapons plant was the last part of mary poll, not controlled by russian forces despite weeks of bombardment. meanwhile, ukraine's president has really security video showing a russian missile hitting the house of coltrane. was over city near ha keith. he says 7 were injured in that including an 11 year old child elsewhere. russian troops have been ramping up. our assault on the east in la hon. squeezen. well, germany assigned an energy partnership deal with counties in an attempt to which uses dependency on russia, catalyst emissions. how many been, how much a funny met with german chancellor, olaf schultz in berlin. he says, i mean to send liquefied natural gas from 2020 full accounting. the cost is next asking where the crypto currencies can make a strong comeback. but now we leave you with memories of our colleague sharika

block them ah abuse with another one. if you don't need to be a from with to me, as an honest with somebody said at the home and a view to what we said as to what we thought that the put up with all the one of the de la manuel to continuously yet obama those hostile booking for the you know, the whole one, i don't to call a shooting

abuto. to the talk to al jazeera, we ask, what is the time table in your mind? when do you think that you are, can be off of russian gas? we listen or, and i have seen and played football with these refugees. i look at them and they're happy this morning. we meet with global news makers. i'm talk about the story stuck matter on out. you see, i flew, i'm fully back to bo, this is counting the cost on al jazeera. you look at the world of business and

economics this week it's been dubbed the crypto winter, a recent meltdown in the digital coins value has hosp panic among investors. so what's behind the slum, and can the tokens make a strong come back? also this week apple loses its title of the world's most valuable company to saudi energy giant. aramco that says global soft mock has suffered their worst weekly losing streaks in c, 2008 financial crisis and government. so tightening their grip on food supplies, india has joined a lists of countries banning grain exports. so how could that affect spices and can trade protectionism be avoided? ah, thank you for joining. as wild swings are common with crypto currencies, but not many would have predicted stable coins that are touted as secure. good crash. the unexpected fall in prices has sent the crypt to world into mouth down as investors went in to what's been compared to a traditional run on the banks. bitcoin, which its lowest point since 2020,

and more than $500000000000.00 have been knocked half of the sectors trillion dollar total market value. the points later recovered some ground, but investors sentiments remains volatile. the plunge in the crypto currency was driven by the collapse of stable coins. witcher tied to the value of traditional assets. often the us dollar with a $1.00 to $1.00 peg. that in practice means it should not fluctuate in price. tara luna has lost almost its entire value and that had a knock on effect on its sister stable coin. the tara usd, tanking to a low of around $0.20. tara was ranked among the 10 most valuable crypto currencies and peaks at almost 120 dollars last month. trevor, the biggest stable coin and one whose developers say is backed by dollar assets, also fell to $0.95. now the sell off has driven the prices of other crypto currencies down bitcoin. the largest crypto currency by total market value fell as

low as $26000.00 down 60 percent from its speak of almost $70000.00. in november, the digital coin was back at around $30000.00 in the past 10 days, several other digital coins regained some of the losses to the rebound comes as crypto currency has seen more than one trillion dollars in value vanish in the past 6 months. but the sell off did not stop as salvatore's push into crypto currencies . the country's government added more than $15000000.00 worth of bitcoin to its balance sheet, as the currency traded at its lowest point in 6 months. it is el salvador is largest coin purchase since it became the 1st country to adopt bitcoin as legal tender alongside the us dollar. and salvatore's bet on bitcoin has already led to losses. that equal the cash trap. nations next interest payment to bondholders war for more on the future of the digital coins. i'm joined now by name. i slam

a chief market unless said of a trade. he joins us from london, and i am thank you so much for being on counting the cos. a digital currency is plunging, is not something uncommon. we've seen this before, but is it different this time and what is behind this crib till currency crash? thanks for having me. as always, i think you're hitting the nail on the head by saying that this is not uncommon. run by a completely different beasts. it can fall as much as 80 percent promise recent of all time. and if, and then the next metal month, not least, we could see new or time. now what is behind the time? we were already in the prices. what struggling to lead to the upside in. now, when that was really taking, we had this massive explosion around what should we say this stable point of the

stable point, space rich and best in the market and really enjoyed the crash was driven by stable coins. what caused table going to crash and how stable is stable coins in the end? yeah, show. i think we need to define stable points very clearly and bear with me while explain everything. in the normal issues of regulation market, we have something called which means that you can only allowed to take certain amount of money on this immense. and so tennessee, in a market in the collector. well, we do not have that. this is a major retreat stable and the currency which is regulated by central banks. so what happened with that was pass them is because of a one variable triggering

a massive trade. and that algorithm which was supposed to maintain packed out of luck. now the bank running spot, it enormous amount of tre, this began to the trauma. and that led to this climate space. yes. name a fable coins i'm stable then what's criptos safe space? if you will. you see again, i would not i them and stable the cap habit, where the peg is still very much maintained. now remember we during the oil prices in your ration ration, the saudi came monday in men's pressure because of ours. but again, i mean, that's f b i currency, which has been that or ages for decades for very long time. so i think the point is still very much in using just 3,

which will continue to do both. i many amateur investors took to buying songs and digital currency during the pandemic, of course, because, and they made my money because the values were generally rising. what's been the impact on them? some said they could lose their houses and i've lost a life. savings is, is that right? it is immensely important for any restaurant trailer to in rest only or they can afford to lose. if you are in your house on an industrial, she's already known. first of all, if you're not doing yourself a favor, it's all about portfolio adaptation. putting that right, edging strategies in your portfolio and then taking on moving on. because, you know, took them all up to 80 percent and then the 50 percent 30 percent. we don't want to deploy all of your capital,

reserve cash for your liquid to learn because that will only continue to increase more pressure as the price for try to not name. now the us treasury secretary has asked for more regulation lawmakers than other countries all to asking for more regulation. do you think that will solve the problem? like the regulation is say it's in the good fine because look at the coin base, new particular sport. so all money is not back on the situation that we wanted to re in. we want to have that backed up from the record. that if i'm parking my capital exchange at any change, no matter where it needs to be regulated. let's talk about a salvador. now the 1st nation in the world to declare bitcoin as legal tender. this was a force of remarkable milestone for the crypto industry. but in hindsight, do you think this was a good decision for el salvador itself?

like it's an adoption. and we've seen companies, we've seen hedge funds, we've now seen countries and re consistent, see more countries joining back. i think it's going to be only a bit in a few weeks when it something major coming out of russia as many in the right direction. all right, name one last question, if i may, i mean, what does the future look like for crypto currencies? their fear is that the dot com bubble bursts of the early 2 thousands could be about to repeat. do you share that confession dot com to thousands? where was amazon, where it was, e bay was microsoft, where it was, where it was in the any of these companies where we are going to the same sort

of work. and i'm, and i'm laying out it's from my own personal view. i wouldn't be glad to see the brain though, because i am not. because the only men to me is more likely to happen to the and it's going to happen more rapidly. and more, we were going to see more fast leaps in the, in the, in the front washes, especially if price breaks anything below $50.00 at 20 pounds. okay. and i am asked lam, thank you very much for the moment. read to stay with us. the, the following crypto currencies is part of a broad, a pullback from risky assets. global stock sank for 6 weeks in a row as a threat of a u. s. recession added to fears of investors ready spooks by soaring inflation. corona via stock downs in china and russia invasion of ukraine as much as 11 trillion dollars have been wiped from the markets during the worst losing streaks in the 2008 financial crisis tech and growth songs, suffolk,

particularly steep losses, while retail shares lead the declines in us talks, which recorded the biggest daily drops in c, early months of the corner virus pandemic. last week. european and asian socks have recorded losses as well. even acids considered safe like gold and bonds slid. but a recent analysis from bank of america shows outflows from stock funds have been relatively stable. the bank estimates that for every $100.00 invested into the stock market since this sort of last year, only $4.00 have been pulled out. while $61.00 for every $100.00 invested were pulled out during the coven. 19 stock market fell off of 2020. it was even worse during the financial crisis of 2008. investors redeemed a $113.00 for every $100.00. they invested an example of investor sentiment. an online survey found more than half of american respondents worry about

a market crash and almost 80 percent expect volatility to continue in the market. this year, the survey of more than 1000 people was conducted by aliens, lives, quarterly market receptions in march. meanwhile, the tech giant, apple has lost its position as the world's most valuable company, to saudi arabia's oil and gas producer, aramco the tech giant stock market valuation stood at $2.00 trillion dollars. aramco was valued at 2 point food for 2 trillion dollars, and the energy company has posted its highest profits since its 2019 live thing with a jump of more than 80 percent in earnings. back to name are slam. once again, name is the worst over for global stock market, or will there be a mass exodus of investors leading to a prolonged bear market? this is really intriguing question, and i'm gonna answer that by looking at 2 major fundamental factors that are very

much pinning this particular class. presley is inflation and it's, it doesn't really seem like it, especially when we start to focus on the ongoing conflict between the ukraine and russia and the spread the air potential of that conflict escalating. secondly, on those corporate restrictions completely out of question. well, not ready. so to answer that particular question, to look at where inflation is heading, because that is very much going to determine if a bear market or the current style of the fear in the market are over until and unless inflation continues to r. s expectations, consumers spending continues to remain pushed and disposable income doesn't see any increment. i'd say the fundamentals are gonna point to anything which under

which we will see right when it goes off market, yet market certainly don't like uncertainty. how much is it fake, you know, if the war in ukraine goes on in prolongs in the us faces, the threat of a recession rally, i think, is only a matter of time rem rubles, the commodity crosses around the world. we've seen quote prices as the new merging prices is going to be very much agriculture. soc more boxes. we're seen restrictions coming from countries like india, which isn't even a major player when it comes to export of a wheat or look where the prices have gone. and both ukraine and russia, they are major grain produces any escalation of further tensions, especially in the launch of what is happening with feminine sweden is only going to make this matter more. so i think interactive should take more or just at the same spot to re 18 your bucket list or because there are enormous bargains out there as

well. yeah, well let's talk about what people should be doing. i mean, criptos talks and even gold has slid. is it time to buy the day, or is it time to pile up cash? i mean, what about people stating for their retirement plan? for example, what should they do? so i think this is a game i goes back conversation after publication, diversification hedging been here once a year. so i think given where the point is, like the us talking to sees over 20 percent 20. so, dollars i rated to question that you need to have your pocket. it's ready shopping . it's ready. what, what do you want to buy? now? how much would you want to do that? depends on once rest. right, and we've seen name investors, flea risky assets, where are they going to, are they ditching technology for energy?

i mean, we've seen a ramco take over apple as the most valuable company this week. i think that's a very short term trends. what is happening, and i've been very vocal around it, i think right now if the message is just a break and then that now that all 5 or energy parties are likely to remain and waste purely political entrance and conflict. nothing wrong asked. but jim is still in command. the chances of conflicts easy, no skill, nay, mass land. thank you very much for talking to us on counting the cost, basic brown, panic, buying strips, groceries, shelves. during the pandemic. now supplies are getting scarce as governments increasingly in both export restrictions. the new wave of trade barriers has been unleashed by the war in ukraine and sanctions that followed. sourcing grain has become harder and several countries are under pressure to secure their food salts

and keep costs in check for their people. the price of wheat has recently surged to a new record after india band is export citing threats to food security. the decision comes as india, the world's 2nd largest suite, producer deals with a severe heat wave that could effect output the u. s. as a band could worse and food shortages globally. washington, several global development banks and the world bank have pledged billions of dollars to address the problem. at least 20 countries have impose restrictions on food export since the invasion of ukraine covering around 17 percent of calories traded globally. they include indonesia, which has blocked crucial palm oil shipments. turkey, russia and ukraine also banned the sails of grains fertilizers, beef, and other supplies. the trade restrictions come as global food prices rose to their highest ever levels in march. while from sydney, i'm joined now by tim hawk. it a professor and chief economists at the institute for public policy and governance

at the university of technology sydney. tim, thank you so much for being with us. on counting the cost global buyers were banking on india for wheat supplies, and the indian government had said it would help avert a global crisis. why did it backtrack? or prime minister money did make the big also, once the russia you crime complet occurred. unfortunately, india is experienced temperatures of over $45.00 degrees celsius at a minimum and that's really its capacity to provide the extra supplies but promise. so they really. ready really, really turn the corner and down a bit of excellent. but it's not just in the, i mean, several governments have have impose trade restrictions. what's, what's going to be the impact of these bands on, on food supplies in africa and parts of asia. now you're quite right. busy indonesia, turkey, india are put restrictions on their exports quite a bit of

a nature response in the countries like astronomy, providing weight not only 2 major philippines and. ready traditional credit partners in, in ship and also into yemen in the middle east and to africa. and you've got countries like turkey, nigeria, indonesia as through the biggest import. ready weight in the world and astrology. now filling that gap because of the situation in your crime. and what impact has that had on prices? well, it's added to the restrictions that we're seeing with global supply chain. so it's only at a huge commodity price shock. very, very difficult. ready all the countries in africa and the middle east that have a large number of consumers that are very reasonable process. so we've heard the w t o chief and goes the con g a. well, i warn about food protectionism. what can the w t o do?

if anything about the restrictions, can it help secure supplies for, for vulnerable countries? they can't supply countries in all they can do research. the company's done become protection is that don't turn the bank on that. ready us treasury secretary jen. ready put the tariffs down in the us with respect to china. so what i can do is urged the country don't return to protect them and make the situation a lot worse, really using their, their moral curve or of the pulpit. but they can't do anything. ready legally, to stop countries hanging onto their own food. so w to, we can't do anything legally, but we've heard the u. s. government say that it would help. will that be enough? well certainly the, the major major agricultural pow's for free trade in agriculture in the,

in the w t o. so certainly i think the us. ready the year. ready lead by example reducing the. ready culture. ready protectionism this thing very time is full. i mean, they used to say they use subsidies, you can send all accounts from prompts around the world. business club twice is laid by example that could certainly help developed. ready countries in africa and middle east to full time, full importance were ready suffering from 2 years of pandemic supply chain shocks. and now those problems of being exacerbated by increasing food supply protectionism . as we've, as we've talked about, do you think hunger crisis can still be averted? i think probably we're in for another gfc not a global financial crisis but, but global food crosses, i think the action by india innovation on there i'm but of course this crosses at a normal year. but when you take out your crime. ready with ukrainian farmers walking off the tractors and picking up guns to fight russia. that puts an

incredible shock on the world's applied weight and bali advise and countries like australia in canada. and i can tell you that can to some of that care, but not totally. so russia, ukraine crosses, has a lot to be lots of a lot to answer for, not just in terms but humanity are in costa crime. but it seem picked as having on energy and engaged on food on food process and the, the hungry the will. tim harker, thank you very much for talking to a thank you for being on counting the cos. thank you for having me on the show. now, mcdonald's is leaving russia altogether and selling its restaurants. after more than 30 years. the change cited the humanitarian crisis and unpredictable operating environment caused by the war in ukraine. a donald followed other western companies and temporarily shut down the restaurants in russia in march. shortly after the war began. the fast food giant will take a significant ride off from exit in russia,

of up to $1400000000.00. the chain had more than $800.00 restaurants in russia and almost a 100 in ukraine, which accounted for 9 percent of the companies revenue last year. president joe biden has amount steps to ease a nationwide shortage of baby formula that has left parents scrambling to feed their children. they include invoking the defense production act, which requires supplies to direct ingredients. use the baby formula to key manufacturers. first reopening, the largest domestic manufacturing plant and increasing imports high. these are castro reports from washington. albert, 4 year old, albert butler wears a backpack filled with a specialty formula that slowly feeds him 22 hours a day. his mother just butler says, this is what her son with special needs must have to grow. it was super critical when he was an infant. and this is like the only thing that he could tolerate and

was kind of the 1st time we signing gross out of him. it all was on this formula, but store shows in the united states are running out of instant and toddler formula . the tracking firm data, assembly reports, there's 43 percent less of it. nationwide, pandemic supply chain problems started the trouble in a factory closure. a michigan made it worse. abbot nutrition, maker of the popular similar brand, halted production after several babies got sick and 2 died after drinking possibly contaminated formula. the government investigated and found no further danger, but the company says it will be weeks before production resumes. butler has taken extraordinary measures to find formula for her son, even fly across the country to buy it from a woman she met online, only to be scammed. she never showed, and eventually as parents say, walking out of a store with baby formula can now feel like walking out with

a goal. the forwarding has become a concern with stores now limiting how many they sell to each parents. it's important to remember that for babies on formula, this is the only full dobson. ah, there, there is no substitute. and i think we have to probably re evaluate ah, what critical an infrastructure really means. critics have blamed the white house for failing to help. thank you for now. parents are making due by turning to food banks or just feeding their children less, less all worked together because these are babies. you know, they got to eat for parents. there's no more urgent need than this nutrition for their hungry children. and that is our show for this week, get in touch with us. my tweeting me actually bought a g e and do use the hashtag

e j c t c. when you do or drop us an email, counting the calls at al jazeera dot net is our address. that is more for you online at al jazeera dot com slash ctc. that will take you straight to our page, which has individual reports lengthening, tie episodes for you to catch up on. and that is 6 for this edition of counting the cost and fully back table from the whole team hearing doha, thank you for joining us. the news on our job here is next. ah, ah ambitions, artistry adventure, short documentary spy african filmmakers from beneath kenya and algeria. b, me, alan, minium village, throttle queens. this is when we get to let her head down and the cane

africa direct on al jazeera blue. i was raised in france. these are my grandparents. these are my parents. and this is mean fighting both isis and of the 2nd of a 2 part epic tale of a remarkable family. the father, the son and the g. hi. cartoon on al jazeera. ah, the fall of matter. your paul, russia says it's taken the whole of the port city after the last remaining ukrainian fighters surrendered. ah.