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agent, songs fall sharpie on fears a u. s. could announce another rate high after a higher than expected rise in inflation. ah, you're watching al jazeera alive from door howard, me fully back table also ahead. us senators agree on a bipartisan plan for tight, a gun control, but it falls short of toughest steps sort by. present jo via french left wing parties, make strong gains in parliamentary elections, threatening president demanded mac was majority and police in brazil find personal belongings of a journalist and an indigenous expert who went missing in the amazon a week ago. asian markets down across the board on monday. thus after the u. s. federal reserve

reported record high inflation at 8.6 percent. it's expected to announce another interest rate rise in the coming days to try to limit cash flow on kong. hung saying index is down more than 3 percent. the indian rupee fell to a record low dipping below 78 to the u. s. dollar. and both the cost be index in south korea and japan's benchmark nicky loss more than 3 percent. the japanese yen is at its lowest to the dollar since 1998 go through our front remainder of the new hooked it onto it's important. the currency rates move stable, reflecting fundamentals law. but recently they have been sharp, yen declines, and we are concerned about it. the government will continue to work closely with the bank of japan and stay on guard, paying close attention to currency movements and the impact on the economy and prices live to rob mcbride in so. so rob, what's driving these losses on asian markets?

yeah, it does seem as though the asian markets have had the weekend to digest this increasingly bad news out of the us confirmation on friday that the inflation rate has hit a 40 year high as so as soon as trading started monday, they have the chance to react, and they have been reacting very negatively. all of the major indices showing marked drops. we had the nic, a in tokyo down 3 percent on the day, monday, 3 and a half percent down on the cost. be here in south career, a similar fall on the hang sang index in hong kong, and also the mum by market sharpie. down in india. there are other concerns as well . a driving sentiment here in asia, we've had another koby 19 outbreak in beijing that has raised concerns that once again, the chinese authorities following this policy of 0 cove, it may take the decision to close down parts of the chinese capital, which again impacts the recovery of the chinese economy, but in the background of course, is this ongoing concern that the,

the u. s. federal reserve may, once again raise interest rates as a way of tackling inflation. and we're likely to see those concerns affecting the way the market's move. as we get into this trading week, and all of these moves by the fate of course, increasing the value of the us dollar quite quite sharply against all of the asian currencies. for example, at one point on monday, the us dollar was buying $135.00 japanese yet, and the us dollar has not been that strong in more than 20 years. thank you for that. rob mcbride, a live in a soul. and he now is part of me, me town in new delhi with more on the fall of the indian currency in just currency and the stock market are responding to global concerns. the biggest worry is the situation in the united states. the worry is that the high interest rates over there could end up increasing interest rates are high inflation over there rather

could end up impacting the interest rates. the other situation that is causing concern is, are the outbreak the cobra, 1000 outbreak in china, particularly in beijing and shanghai and what this could mean for the chinese economy as well as the global economy. the indian group is now creating at it's lowest levels in history. this has wiped off hundreds of millions of dollars of india, our foreign currency reserve. investors have lost millions of dollars in the stock market. and in the us top companies have also lost billions of dollars in their valuation. now all of this is playing out as there are concerns about uneven growth domestically food. inflation is at a record high. there is an unprecedented heat wave that has damaged crops in central and northern india. the government says it expects themed in economy to grow at about 9 percent,

but economist point out that hundreds of millions of one reuben engines are not. are going to benefit from this list. now speak to steven okon, who's a senior advisor at mccarty. associates is joining us from singapore. thank you very much for being with us on al jazeera, so huge uncertainty on, on the financial markets in asia. as we saw today, talk to us 1st even about the extent to which geopolitical tensions and factors are at play. here, well, here's the problem, you have all of the factors, none of which any particular government can control climate change in which is leading to that excessive heat leading to flooding, leading to draft. you have the crisis resulting from the russian invasion of ukraine, which is of course, driving up, you know, commodities prices because of the inability to get that ukranian wheat and, and to purchase from russia as well. you've got china in the us in which resulting from those trade tensions, you've got cove it in the, in the shut down, especially in china. so government can't control any of this yet. a government

can't tell its own people, but there's nothing we can do. so what they're doing is putting in place some export bands now, which is actually going to make the problem a lot worse. even though it, they think they're going to get a short term political game for. i was going to ask you about that. we've seen a number of governments in asia in india, putting in paste these export bands to address the challenge. but how does that affect and help them in the short and long term? well, it's not just india. india's got its export ban and we've, you've seen indonesia ban for a while, palm while you've had malaysia banning the export of, of chickens. and so all of these governments want to get that political game by showing it to a domestic audience that they're helping them. but it, it really probably isn't even in the short term, and in the long run it can really get government. so for example, in malaysia, you had a lot of companies come in and make malaysia a regional hub,

especially for, you know, for chicken and poultry. and what's happened is that domestic and, and for, and production are intertwined. so when you say you can't ship outside of malaysia, you're costing jobs in malaysia. so it is, is government really have to be thinking through is this worth the short term political gain of trying to show their, their public that they're doing something. but do they have any other options, these governments? well, i mean, the option is you have to try and figure out how you're going to address these long term and, and make that very difficult argument to either people. what are you going to do to address climate change? so you can really prevent all of the flooding that you see in malaysia. what are you going to do in india when it comes to the excessive heat? how are you going to address that going for? the problem, of course, is that even if you start to address that today, it's going to be yours if not decades before you can show any benefit. and so governments are just doing the politically expedient thing. you see this all over

the world, i'm not just picking on a couple of governments, but the political expediency is, is potentially going to cost them f, d i in the long run and it's going to cost them the ability to prevent other bands from coming in it's going to, they're gonna get them eventually. thank you so much for talking to us about this. very interesting to hear you on this, steven co and joining us there from the singapore. thank you for your time. in other words, use a bipartisan who percentages in the united states has agreed on a framework for new gun control laws. it's aimed at curving, rising violence and would keep weapons away from people considered a threat that critics say the measures don't go far enough. my can every, for some washington the framework agreement, photos, weeks of closed door negotiations in the senate. it's one of the 1st bipartisan gun control agreements in decades. we haven't had significant federal legislation in nearly 30 years. so having a framework announced, having 10 republican senators,

long with 10 democrats binding off on that, which would avoid the filibuster in the united states senate. it's a really big deal. the tentative agreement has been welcomed by president biden, who's tweeted, i want to thank senator chris murphy and the bipartisan group for the gun safety proposal. it does not do everything that i think is needed, but it reflects important steps in the right direction. with bipartisan support, there are no excuses for delay. let's get this done. but some don't want it done. i think it's deeply disappointing that republican leadership decided to get in league with the democratic conference in the senate to put together a gun control bill. you know, that should be a huge red flag for republican voters going into the fall. significant proposals include incentives for states to pass so called red flag laws, which allow a judge to decide whether a gotten via or owner poses

a potential threat to others. federal background checks and buyers under $21.00 would include access to their records as minors and federal funding for mental health care and increase school security. so, but these measures full well short of what's being demanded by gun control. advocates including president biden himself at rallies across us saturday. calls were made for a bad on the sale of semi automatic weapons and high capacity magazines. and for the age at which an individual can buy a rifle raised from $18.00 to $21.00, to match the existing federal law concerning hand guns. assault rifles were used in the mess, shootings and you vote the texas and in buffalo, new york. in each case, they were wielded by 18 year olds, the senate to subset an informal goal of passing the book before the 24th of the

month. when congress goes on a 2 week recess back with the legislation still not fully written. it's unlikely that this goals will be met and it's certain that the modest suggestions will do little to ease the mounting pressure on politicians to pass meaningful gun control measures or face the consequences in the midterm elections. mike, hannah, i'll just 0. washington al jazeera media network continues to demand a rapid independent den, transparent investigation into a killing of his journalists in the occupied west bank. sharina blanca was shot in the head by israeli forces while she was an assignment in janine, on the day of her funeral israeli forces toward the procession and started beating mourners, causing pull berries. almost drop her casket. that didn't sound thousands of palestinians from marching to occupy these 2 of them to take part in a funeral and burial members of the international community have condemned killing

and continued to call for an indifferent for an investigation. during that block, i was with allergy sierra for 25 years covering the story of the israeli occupation . she was known as the voice of palestine. still, head on al jazeera, more political uncertainty in iraq out to the biggest block in parliament, resigns where we live in baghdad with the lease and women in zimbabwe are hammering out and better future in the face of a slight economy. ah, he has begun the full world copies on its way to the castle, your travel package to the hair low there. it's all about the exceptional heat that sweeping across the south west of europe. at the moment. we've got a plume of hot air rising out of the north of africa, and that's causing what's being called the hottest pre summer heat way that spain

has seen in about 2 decades now within the mercury rise, not only in the southwest, but also across portugal and we are going to see a lot of that warmth, stretch up north and further east, some of those heat wave conditions extending down to morocco as well. but we are still season thunderstorm watchers for southern areas of france as well as italy. and some of the balkans states that rain rolling down into greece and pushing further east to turkey. but it's up north, it's poland. in fact, that's going to see the intense rain in the days ahead. we've got some severe storms rolling out to the north east. the baltic states c knows by the time we get into tuesday, the scandinavia it is an improving picture as it is for much of central europe, france sing a lot of sunshine and it's a similar story for the north west. for britain, an island we are going to see lots of sunny spells, temperatures really peaking in cities like london and paris. if we have a look at the 3 day for paris, will be touching $31.00 degrees by wednesday with clear conditions and sunshine. i

saw official elling of the journey. the latest news as it breaks there, an estimated 20000 lead gold miners just in the younger mom, the reservation with detailed coverage. the government says it's taking action, but doctors are desperate thing lives are being put in danger from around the world . residents, zalinski says, but coming days will be crucial for ukraine with the expected renew. defensive released ah ah ah, welcome back, a recap of our top series on al jazeera, this sour,

asian stamps have fallen sharpie after a spike in inflation, in the united states. japan, sneaky and the cost been south korea. both fell more than 3 percent, while the indian group has got a record low against the u. s. dollar. a bipartisan group of us senators has agreed on a plan for new gun control laws after a series of my shootings. the proposal focuses on so called red flag laws, which are aimed at preventing people who may be a threat to themselves, others from buying guns, not to rock where members of the largest political block in parliament have resigned after 8 months of dead long over forming a government, it follows a request from their leader, the shia carrick mac, tod asada. on thursday he threatened to withdraw from parliament if a national majority government can't be formed by sunday, he and 72 lawmakers stepped down probably ought to be harder to iraq. does not need the formation of government, but ineffective governments. his majority says people,

but it turns as close to being to god. so little beloved said block members, write the resignation from parliament as bringing mahmoud. i've had a correspondent in baghdad. so my mood, what's the fall out from these resignations? well, apparently it is probably further complicating the already troubled the political atmosphere as you know that this is the biggest political block, voluntary and block in the apartment 73 parliament members. they are the sub rest parliament members. they resigned, and there is ignition has been accepted by the speaker of the parliament last night and now the southern him. so the leader of the this book said that he is in his word is sacrificing in order to serve the country a. this is

a result of 8 months of a stalemate, as you know that a sudden on the one hand, 73 members along with his allies, they have around 173 members in the party. and the wanted to form a majority government. but on the other hand, the coordination framework that includes the pro iranian political parties, including the party, led by former prime minister of northern mackey. and also the federal party, the political arm of the popular mobilization forces. the wanted to form a consensus government with a southern blocks and a southern block and the other sydney and kurdish blocks. but now this could further complicate the situation because a thought that has supported on the ground, probably the majority of supporters in the streets. and also the coordination from

work, they have supporters, both of them also have groups on the ground, but the room with that is ignition is fine and that it could take time a lot of time. and if or because legally it needs to be voted on inside the parliament, it also entails court, the federal court procedures. and also it entails further bringing up the 2nd, the frontrunners in every, and each constituencies these resigned parliament members where at thank you for that. my mom had live in baghdad. in france, resin, dominion, makeovers, majority in the national assembly hangs in the balance for lemonade. results suggest is centuries. coalition is neck and neck with its left wing rival after the 1st round of parliamentary elections as natasha. but no reports at present party is likely to win the most seized, but that may not be enough. the french president looked to relaxed as he voted in

the coastal resort of little k. but emmanuel, my call faces a challenging week after the 1st round of frances parliamentary elections. his centrist alliance is on track to windlow seats, but not necessarily the majority. he needs to push ahead with his reformer, gender, who from the 3rd cross for the judge, we are the only political movement and a position to win a majority in the national assembly. we have one week before us to rally our forces one week to persuade one week to win a strong and clear majority. only such a strong and clear majority will enable us to respond to the urgent issues which affect the daily lives of french people. clara. the new left wing block that includes greens, communists and socialists created by far left leadership. incremental shaw has emerged as the main rival to macros party. it's attracted voters concerned over the cost of living and climate change job. a little broke i called on are people viewing this result and this opportunity for our personal lives and for the nation . i column people to go out and reject once and for all the funeral projects of

macro do more to fall right. and conservative parties trailed the centrists and the left in an election that's largely fail to capture photos. imagination turned out was that in historic, no, with less than half of those eligible costing their pallets. this phone comes less than 2 months after the presidential campaign. so there's definitely a sense of election fatigue. it's also the case though, that a growing number of people in france feel fed up of politics and politicians, and increasingly disengaged from the political process with a tight race ahead. the parties step up their campaigns in a critical test for the president, for the big lesson of this 1st round for him. and erin mccoys, that he is not certain to have an absolute majority in parliament, and that will make his life more difficult if he hasn't got one. so he is try to hummer this message in the last few days or before the 1st run. and he will be

trying to push that message for the 2nd wrong. give me a majority. in one week, voters will return to the polls for the 2nd round to the election and will determine how france is governed for the next 5 years. whether there will be a swing to the left or more of the same. natasha butler out to sara, paris. police in brazil say they've identified items belonging to a reporter and indigenous rights expert who went missing in the amazon, a backpack, a laptop and an id card we found in the it's a quiet river indigenous rice, expert buena pereira and british only dumb phillips disappeared, a week ago, the men were on a reporting trip in a remote jungle area near the border with through and columbia. when he came back every force from rio de janeiro. oh, oh, going a vigil through british journalist dom phillips and indigenous expert. good bit, eda, family, friends and colleagues of the peer gathered in rio de janeiro,

demanding to know what's happened to them. so they went missing a week ago in their job id valley in area, in the amazon, twice the size of japan and home to the largest number of un contacted tribes in the world. the vigil was held on papa goblin beach. the place where phillips used to paddle serve before moving to north eastern brazil to write a book about saving the amazon. he was on his way back from an expedition with bid eda, when both men disappeared. human remains were reportedly found where the pier was last seen, but they are still being identified. what a group, but it's that which one this was damned last a trip there. he told my sister, his wife alessandra that he needed one more interview to finish his book. i think dawn went to the amazon because he belonged there. he is an englishman who was born in the wrong place. he loved the rain forest and their inhabitants. bit eda used to

work for for nigh the government agency responsible for protecting brazil's indigenous people equivalent. i'll do okay. local, have bruno was forced to leave the agency because he did not agree with the prison jabal to narrows policy of opening up the amazon for commercial exploitation. and leaving its unprotected in us, was the only 1400 people in our agency. and we have to protect 1000000 indigenous people occupying an area of veteran prisons, 13 percent of brazil's territory sprinkler, called them up, biddy. it started working on his own with their shove id, tribes. we accompanied him during an expedition several months ago in the same area where he was last seen with dom phillips video was already being threatened because he was helping local tribes collect evidence of the invasions to their territories and report them to local authorities. here both of them are 1st, we were very hopeful that both men were alive because don was with bruno,

who is very experienced. the family thought they must have been ambushed, but managed to hide the boat and escape through the forest. but our week has gone by and our hopes are diminishing. all we will now is for them to be found. we have a right to know what happened to them. this march is not only to put pressure on the government. buying ryder don phillips, i'm indigenous expert little bit era. so for a bigger cause, people here say both men defender saving the amazon, monica now give al jazeera, rio de janeiro. shoe lancaster energy minister says further rationing of fuel is likely to begin by the 1st week of july. the amount of federal and diesel people can put in their cars and motor bikes is already limited to lancaster, experiencing its worse economic crisis in 70 years. we now fernandez report some colombo mercy pereira is struggling to keep the home fires burning for 35 years.

she has been making and selling string hoppers a popular sri lankan staple. but with food prices skyrocketing, cooking as an kerosene, unavailable, she's struggling on like a local. i don't have an annual. i have to look after 8 people i, i manage all the expenses, was what i make. even the water and electricity bells. my if costs increase more than their so i just can't go on like music, not alone. more shall. anchors are reeling as food inflation has raced past 50 percent. i han ha my donahoe border 3 days more than no human last. rig. yo. joy is, are already every day to bring argument that mom at log in. i the, in the middle. so i think the person who bought kilos before now buys 250 grams. things are at rock bottom of the in the united lation says the countries economic

crisis has affected food security, agriculture, livelihoods, and access to health services. it's world food program says 3 out of 4 families are badly affected by cutting back on meals. they're cutting back on the portions of those males and they're buying food that's much cheaper, but much less nutritious, which the u. n. and non government organizations are appealing for almost $50000000.00 for what they describe as life saving assistance to the worst hit people. but they're a bigger concerns. my fear is that bars are, are much larger portion of the population who will very soon need the same kind of assistance unless there is a fundamental change in that the situation here. there's little sign of that at present. fuel supplies are running low thousands of sri lanka and q for hours, sometimes days, energy minister content v. jessica says he has no choice but to introduce

a weekly quarter for registered consumers. many people waiting in queue is too large a 0. they don't believe this will work. oh, another group fed up with george's took to the streets, banging pots and pans and kitchen you. sensors, demanding present good hobby, roger boxer, and his latest government step down. the government is trying desperately to find a solution to the crisis, but must meet stringent conditions before it can secure a bailout. these don't mean much for the 10s of thousands of people struggling to put food on the table. miller fernandez al jazeera colombo to zimbabwe. now where mining is usually a male dominated industry, but in a rural area in the north, one operation is being run and staffed entirely by women is providing much needed income in a country where millions of people are living in poverty higher, more toss every pause from her own way. this isn't an ordinary mine in some bob way

. only women were care. women like 15 emma cooper. 3 years ago she was struggling to look after her children while working as a farm laborer. let us know if we can can, mining is better than growing to martyrs, onions and other vegetables are used to so vegetables, but the money was very little money. now i'm earning a bit more and i can send my children to school. josh, none of these women had any experience in mining. they learned on the job in a country with a very high unemployment rate. these aqua marine gemstones have created new opportunities for them. they plan to start a jewelry line making pieces like these from the gemstones. the women say working at the mine is empowering, most of them are survivors of abuse and embed circumstances at home. in this has been a safe place for them to come to by this. i mean that's when they come to work here . they are able to get out of situations that they've been in because before they

were depending on their partner and they couldn't get out of situations in this place, is provide a little that opportunity to get out of always economy has been in crisis for years in place and jumped to more than 130 percent in may. families are struggling. this is mainly a farming area. each family has a small piece of land with the go crops to eat or sell, but they still struggle to make ends meet. like if we're out of the country, finding a proper job is difficult. patina. cooper's husband is too ill to get a job working at the mine. she is now a family's breadwinner. some people tell her and her colleagues that men can do their jobs better and foster, but they say that doesn't bother them. they are grateful they can provide for the children during these tough times. how to matessa al jazeera, who, wrongly zimbabwe. ah.