and, and how many killed, when algeria gained independence, direct to phillips for courses, generation later children of these fighters still carry shame and stigma, that new truck. it's a story that has had wide repercussion. human damage not only promotes live through the war, but also the generations that followed. there are more stories, it to be told. you know, during the key are still considered traitors and act him a 100 mom fuck admits his family. were wary of him taking the road. that's why my dear my father. so many questions. why was it being feeling morocco? why is it being directed by a frenchman? you said, why do you have to play a hockey? but then i read him the script and he gave me permission to go what a menu on that call. government has acknowledge mistakes made and al jerry and west africa. details of these events are not widely known and from both direct to say it's vital. these stories are told and we've can, is a launching pad,

hope that films will generate discussion about these painful periods of history. charlie on to the out there, can i without 0. these are our top stories. us present. joe biden has approved an additional $40000000000.00 aid package for ukraine, bill explaining to south griff abiding signature when he's or on a tour of asia. and his financial packages on top of the already $13600000000.00 worth of funding. the u. s. government has pledged to ukraine turbines as he's open to meeting kim jong, an if the north korean, the to is sincere and serious about talks as president is in sole that's his 1st trip to asia. since he took office labor partly the anthony albany, he will form a new government in australia after winning a majority in parliament with 77 seats. the consecutive coalition has been voted

out of government for the 1st time in almost a decade. those are your headlines. i'll be back with more news on algebra of the counting the cost. me the no, no, no, no what. what do we need to know that on this we don't need to use the mac and i'm just going to put them to me. i just need you to whom and ya today, and i'm going to give you what we said that was sent to me and i'm a lot of them at the book. if you're the one i know,

i mean, i mean i shooting them off and just for 23 years mawson has collected objects he finds along the coast ah enough to fill his museum enough to break a guinness world. were called home to the story for every object. he's become an environmental activist, uninspired artists under voice for the plight of countless margaret martinez. yes. such on al jazeera. ah, the answer was an arabic. my name is khaled i was abducted by the c. i, a, in 2004,

a german citizen was kidnapped and tortured by garcia, came up with hancock and led me into interpretation. a new documentary tells the story of how the geo politics of the post 911 world ruined the life of an innocent deal mastery case. coming soon on al jazeera ah, 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 point 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 news as 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 the 2008 financial crisis and government. so, tightening their grip on food supplies, india has joined a list of countries banning grain exports. so how could that affects spices and can trade protectionism be avoided? ah, thank you for joining us. 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 crypto world into meltdown as investors went into what's been compared to a traditional run on the banks. bitcoin, which its lowest points 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 which are 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 l. salvatore's largest coin purchase since it became the 1st country to adopt bitcoin as legal, tender alongside the us dollar. a salvador sped 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 cost. 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 from a full time prize. and if and then the next metal month, lease risk to 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 price, we had this massive explosions around what should we say this stable point on this table point space rich and best in the market and really enjoyed and we saw the seller. now the crash was driven by stable coins. what

caused stable coin to crash and how stable is stable coins? in the end the show. i think we need to define stable points very clearly. and bear with me while explain everything in the normal use of regulation . market, we have something called which means that you can only allowed to a certain amount of money on this immense market in the crypto. well, we do not have that. this is the major retreat stable and the currency which is regulated by central banks. so what happened with that was pass them is them because of a one variable triggering a massive trade. and that algorithm which was supposed to maintain tagged out of luck. now the bank run spotted enormous amount of tre,

this began to the trauma. and that led to this climate space. yeah. name a fable coins. i'm stable then. what's crypt? toes safe space? if you will. you see again, i would not. i missed the cap, have read. the peg is still very much maintained. now remember we during the oil course is. ringback prices in your ration, the saudi came monday in men's pressure because of our but again, i mean dr. currency, which has been that or ages important for very long time. so i think the point is still very much, and you just re, which will continue to do right now. many amateur investors took to buying songs and digital currency during the pandemic, of course, because and they made mine 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 restoral traitor to in rest only or they can afford to lose. if you are back to your house on an industrial, she's already known for install a tele t. you're not doing yourself. a master favor is all about, oh, for you. adaptation. putting the right edge in tech strategies in your portfolio, and then taking on moving on makers in a group to can follow up to 80 percent. and when the critters are only about 50 percent, 30 percent, you don't want to deploy all of your capital. all you reserve cash or you liquidity lansing because that will only continue to increase more usher as a possible drive to the counselor at name. now the us treasury secretary has asked

for more regulation. lawmakers in other countries also asking for more regulation, do you think that will solve the problem? leg regulation is certainly a good sign because look at war coin base, new particular news brought up. so all money is not secure. bass mon, the situation that we wanted to re in, we wanted to have that back up from the record, a check that a on parking my capitol at any of the shaft at any change, no matter where it is, it needs to be regulated. that let's talk about a salvador now the 1st nation in the well to declare bitcoin as legal, tender. and this was, of course, a remarkable milestone for the crypto industry, but in hind sight. do you think this was a good decision for el salvador itself? legacy and adoption. and so we seen, i companies, we've seen hedge funds, we've now been using countries and we consistently see more countries joining. i

think it's going to be on your bid in a few weeks. we're moodle it, something major coming out of russia as well. so i think is a movement in the right direction. i name one last question, if i may, i mean, what does a 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 consent to carry? so let's look at the dot com to thousands of bubble bus. where was amazon, where it was ebay was microsoft, where it was in, so where it was in the any of these companies were on the die. we are going to see same pseudo for can i'm in, i'm laying out over here is law from my own personal view. i would be glad to see the courses bring nor because i am not certain because the only we men to me

is more likely to happen, to be honest, going to happen more rapidly and move. are we going to see more foss loosed in the, in the, in the, in the big on classes, especially if crushed breaks anything below 50 at 20000. okay. i am i slam. thank you very much for the moment. i do stay with us for the fall in crypto currencies is part of a brought a pull back 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 already spooked by throwing inflation corona, vice locked 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 stock, suffolk, particularly steep losses while retail shares lead the declines in us stocks, which recorded the biggest daily drops in c,

early months of the corner virus pandemic. last week. european and asian stalks 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. i'm going to 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 face on the ongoing conflict between the ukraine and

russia and the spread, the deb potential of that conflict escalating. secondly, on this 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 bare market or the current style of the fearing the market are over until and unless inflation continues to r. s, expectations, consumers spending continues to remain pushed as disposable income. doesn't see any increment. i don't think the fundamentals are gonna point to anything which under which we will see right. putting those off market that market certainly don't like uncertainty. how much is it fake, you know, if the war in ukraine goes on in prolongs in the u. s. faces the threat of

a recession rally, i think is only a matter of time rem rubles, the commodity crises around the world. we've seen co writer is the new merging prices is going to be very much agriculture, sophomore bottles. we have 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 light of what is happening with feminine sweden, is only gonna make this matter more. so i think interactive should take more or just at the same spot, 318 your left or because they 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 sitting for their retirement plan? for example, what should they do? so i think this is a game and goes back from the session after publication, diversification hedging. bit any, or once you say, or i think given where the point is, like the u. s. thought indices down over 20 percent, 20 dollars. i raises the question that you need to have your pocket ready shopping, gets ready. what, what do you want to buy? now how much of an issue you want to do that depends on once rest. right, and we've seen name investors, flea risky acids, where are they going to, are they ditching technology for energy? i mean, we've seen aramco take over apple and 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 now all the finances are energy prices are likely to remain waste purely political entrance and compet. nothing wrong asked for change 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. thank you. bye. 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 of 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, we're banking on india for wheat supplies and the indian government had said it

would help avert a global crisis. why did it backtrack? well prime minister money did make the big also once the russia you crime conflict occurred. unfortunately, india is experienced temperatures of over $45.00 degrees celsius at a minimum. and that's really heard it's capacity to provide the extra supplies, but promise. so they really. ready really, really turn the corner and down a bit of a backlit. 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 to indonesia, turkey, india, or put restrictions on their expos, quite a bit of a nature response. it means that countries like astronomy, providing weight not only 2 major philippines in a traditional trading partners in it. i 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, important way in the world. and astrology is now. ready flat 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 certainly had a huge commodity price shock in this very, very difficult tool. the countries in africa. busy the middle east that have a large number of consumers, they're very poor, reasonable process. so we've heard the w t o, a chief goes your country. well, i warn about food protectionism. what can the w t o do? if anything about the restrictions can help secure supplies for, for vulnerable countries, they can't supply countries and all they can do research. the company is done

become protection that don't turn the bank on the us treasury secretary jetta. ready put the tariffs down in the us with respect to china. so what i can do is urge the country don't return to protect them and make the situation a lot worse. so i really using their, their moral curve or of the pulpit, but they can't do anything. ready legally, to stop her 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 paths for free trade in agriculture in the, in the w t o. so certainly i think the us. ready good lead by example reducing the . ready culture. ready protectionism this time is for me. ready to say whether you subsidies you can send a account from prompt. busy well,

business club twice is laid by example, that could certainly help developing countries in asia, in africa, and the lease to, to full time food. important. we're ready suffering from 2 years of pandemic supply chain shocks. and now those problems of being exacerbated by increasing food supply protectionism as we, as we 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 would have caused this crisis in 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, new crime. but it's impact of 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 and 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. including invoking the defense production act, which requires supplies to direct ingredients use the baby formula. the key manufacturer is 1st reopening the largest domestic manufacturing plant and increasing imports high. these are castro reports from washington to view our 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 in the 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 shells 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 too 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 when 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. so it's important to remember that for babies on farmyard, this is the only fool dobson ah,

there, there is no substitute. and i think we have to probably re evaluate ah, what critical and 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 is no more urgent need than this nutrition for their hungry children. and that is our show for this week, get in touch with us by tweeting me actually bought a g e and do use the hash tag a j c t c. when you do or drop us an e mail counting the call, sat 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 as individual reports, link setting, tie episodes for you to catch up on. and that is 6 for this edition of counting the call, stand for the back table from the whole team hearing doha, thank you for joining us. the news on al jazeera is next this is a region that is rapidly developing, but it's one also that is afflicted by conflict. political lupsi rules. we've tried to balance these stories, the good, the bad, the ugly, and he's the people who allow us into their lives. dignity into mine is he asked me to tell the stories. ah, you as president signs off on a $40000000000.00.