tv News Al Jazeera July 12, 2022 2:00pm-2:31pm AST
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english lies in illicit markets for the rich and powerful. i'm one of the cds we're under cover. i'll just years investigative unit exposed to the inner workings of key players in the murky underbelly of football finance. he's my partner to sell something like when a magician has been said that you can make an elephant disappear. i have many of it takes like his life brazen example. i said the men who so football on that just the, you know, ah, the you are a heads a 20 year low reaching parity with the u. s. dollar to concerns about rise in gas and oil prices. ah.
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and i want money inside the saudis area life and i also coming up, molly's military says it's arrested nearly 50 people. it says a soldiers from ivory coast you've been operating illegally. a private fuels held for japan's longest serving prime minister oceans ave, was assassinated on friday day. the universe, i'm beyond not sun valles, a fuss, full color image of the cosmos, from the revenue st. james web. ah, molly's military says it's arrested 49 people. it says the soldiers from ivory coast have been operating in the country, illegally accusing them of being muslim race. the men were detained after arriving in the capital bomber cut. you and spokesman says that were hired by private
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company that provides logistics support to its peacekeeping mission. what tensions have was in between molly's transitional government, the un. last month molly said it would not authorize the un mission to investigate accusations of rights abuses. nicholas had been following developments from deco. we've had this announcement made by commander maya, member of the military tutor, just yesterday saying that these ivory soldiers that are in fact mercenaries. there's an investigation taking place there being held in one of the accounts inside the capital bama code. but this all started on sunday where 2 planes from this company called it the hell ation service, which is a company that supports some of the un contingent missions in, in molly landed 2 planes, one containing 49. i 4 soldiers, the other full of guns and equipments of the soldiers and when they were asked by
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custom officers, what they were doing here is some of the soldiers saying that there were plumbers electricians. now that's not a surprise because remember, these are soldiers from the ivory enforces of their hair here to support as the logistics of the german contingency that's in bama co there. so to support the barracks, to maintain their quarters. so so surprised that there electricians are plumbers. but what's interesting here is the reaction from the molly and military agenda that straight away arrested them. took them into custody. that shows you the level of nervousness that we have from the molly and authorities there. and let's remember they took over in a qu last june and ever since they have been seeking to justify their coo and meanwhile, the security situation has deteriorated dramatically. and so there's a sense among the 1000000 june to that there's threats to their authority. and that's why we've seen this arrest and so lanka. basil roger,
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pox of the brother of the president has been prevented from leaving the country as an apple. it's in colombo. the former finance minister was set to travel to to buy on tuesday. but apple staff stopped him after passengers protested, shall hankens, blame thee roger pox the family for the worst economic crisis in decades. meanwhile, the speaker of shore lank as parliaments as a new president will be chosen next week after negotiations to form a new unity government. it follows unprecedented protests which thor, tens of thousands of people, storm the residences of the president and the prime minister. both have now agreed to resign. and al fernandez reports from colombo, who testers, warbler, and key political landmarks on saturday. say they're staying till the president and prime minister resign. thousands of others are streaming in to visit the official residences. and this property, the presidential secretariat. we need a new system. we need a new governance. we need new prob unit proper leaders. so it would heavier to
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change that and to bring this notion of a country to a stable position via until we are fighting under the, in that in seems close. but for testers and not leaving, they're angry and fed up with having to spend days in cues and to find the money to buy a centers which have increased $3.00 to $5.00 times in price. present good of the raj boxes says he will resign on wednesday. political parties and parliament will elect a new president a week later, i'm going to read about our loan. i need the young. a government has to function according to the law. i'm here to protect the constitution and through it fulfilled the people's demands. what we need to day is an old policy government, and we will take steps to establish that getting agreement among different parties won't be easy. and there are warnings that it shouldn't take too long. the central bank governor has said that there has to be political stability very quickly in
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order to have the international community, the international monetary fund with whom negotiations are taking place in order to ensure that that support comes in and go against the president and his government has been building for months. the lack of fuel has had a major impact on people's lives. on monday, a few fuel stations receive new supplies. for 5 days we have to wait for the queue, but they're giving $1500.00 movies for the bikes. that means really this really does not enough for us. we are working in the quality of service that is only for one busy, new city known as negotiations continue about a peaceful transition of our people are hoping this brings them some relief. minute fernandez, al jazeera palumbo, the euro has just hit parity with the us dollar and trading dest. you say it is the lowest valuation off the ear currency since 2002, it's being driven by fears of
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a global recession. investors anxious about lack of growth across the resort and they're also concerned supplies of russian gas might be cut because of the warranty crane. as get more less, we can speak to craig l m. he's a senior mac market analyst at 4 x broker or wanda. he joined live from london. thank you for speaking to archie zera. so this power seat is this more to do with the your a weakening or the dollars strengthening from the aggressive raising of rates that we've seen from the u. s. it's actually a combination of the 2, i think you'll see most currencies at this point in time are weakening against the us dollar. that's for 2 reasons. one, as you've alluded to, the fed is raising rates much more aggressively than any one else and to the economy is holding up better than most others as well as the u. s. economy shown incredible resilience already and is expected to continue to do the same driven by a very strong labor market throw in as well. the fact that the u. s. dollar is seen
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as more of a safe haven in times of turbulence. and we're census certainly seen turbulence across financial markets. currently, the, all of these factors are really supporting the green bar against many of the different currencies than you are the downside pressure on the euro. what you've already alluded to in the introduction to this story with the gas flows annual certainty that's creating the 10 they scheduled shut down a russian gas through no stream war and the potential for that. so last much longer is creating a huge cloud of uncertainty, stopping europe from topping up its reserves. i had a potential potentially cold winter. all of these factors are driving this. your dollar pair down to pirate think continue to push it way below one in the coming months. it's a tricky balancing act as an ad fit for all central governments balancing inflationary pressures and having a slowing economy at the same time is that why europe has been so slow, for example, to put up rates compared to other countries. you have been slow for 2 reasons. one
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is that its economy is more fragile. you could argue nothing was certainly seen signs about already, people talking about a recession, they only restarted raising ratio that the, the read, the rate is still a minus point 5 percent. we're expecting a 25 basis point in july of 50 basis point than is september, which will take him into positive territory for the 1st time in many years. and already the torque of recession has begun. that shows the fragility that already existed in, in the euro. area something that's one big factor as far as why the euro is struggling so much of why the central bank has been so i reluctant the other is that inflation hasn't yet been as big a problem. you look at the headline number and sure you could say morning of 4 times target around 8 percent are asked me a massive problem. but the underlying inflation date would show that a lot of this is energy imported inflation and a supply side driven inflation still there. we're not seeing the, in the ingrained data that we are seeing in the u. s. in the u. k. for example,
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which is why the central bankers also been more reluctant. but ultimately it's just hard to ignore the facts even in your area. currently there's something needed to be done. and extraordinary measures of stimulus were just simply not justified at this time. i mean, you, you brought up recess. i mean, assignments talk now of a global recession. i mean, when you look at europe and going forward, i mean, do you predict a recession? and if so, what is the timeline? i think a recession is, is highly likely personally. and the, the reason is simple one. i think it's just the fact that we are saying energy prices where they are and the fact that i don't see, i think we're going see a dramatic decline here. i don't think we're going to see a near term and to the war in ukraine. i do think a do think the kremlin is ultimately going to remain our own as a hostile supplier of energy, which is going to ensure that the, that you are remains in crisis for many months, yet i'm not going to keep prices high. that's going to squeeze the economy in
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a significant way and i think that will definitely then take the economy into recession. the u. k, for example, allows other factors that are also contributing to its economic decline are moving towards recession as well. with adopting these 2 economies at this point in time, have the same resilience, the u. s. how so, for me, i think a recession in europe is, is quite likely over the course of the next 12 to 18 months. and i think this with this winter is going to be very testing, really interesting to get your thoughts, craig allen, say the market unless at forks rocha, wanda. thank you. now ukrainian forces say they've destroyed a russian military ammunition deeper in the southern city of nova cova in cas on region. some ne, by residential buildings have also been damaged. keith is called on civilians to leave parts of the region as a plans to launch new operations to retake areas lost to moscow. and official reports from keith this see the ukrainians is the destruction of an army
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depot. it's thought you are supplied. high mars rockets were launched that the site in the russian controlled region of cash song, the ukranian sea, $52.00 russian soldiers were also killed. but the most go back to thought it is claim it was a fertilizer store, and 7 civilians have died. i'll just either cannot independently confirm either claim pictures taken in the daylight give some idea of the damage caused the u. s. has been rushing miss our systems to ukraine, believing they can help push back russian forces. one us sen, arge congress to st. more and send them quickly when people understand only ask about our support from ukraine, our taxpayer funded aid to the tune of billions of dollars. they deserve to know that they're harder and taxpayer dollars have being spent wisely. in my view, that means many and on weapons like high mars, they're actually making a difference on the battlefield. the russians are believed to be in an operational pause in the east of the country,
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ready to push on and take the rest of the don bus region. the pause is to restock refueling re supply, but that becomes much more difficult if the ukrainians are able to target and successfully destroy ammunition dumps. some analysts say the rocket system could significantly delay russian progress. the ukranian president says he's glad to have them. you could yell at me, i want to thank the united states of america for its decision to provide ukraine with a new 400000000 dollar defense assistance package. additional hi mars and other precision weapons allow us to take anti terror steps. they allow us to reduce russian strides with their missiles on our people e act given. but the u. s. believes the russians are also restocking tumbling to the iranians for you. ease are unmanned drones are and information indicates that the iranian government is preparing to provide russia with up to several 100. you ease including weapons capable,
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you avi's on an expert at expedited timeline. the u. s. insist moscow has failed in its main strategic objectives in ukraine. but those in the east are bracing themselves for a major russian offensive that could come in just days. alan fisher al jazeera keith still has on al jazeera leaders. i visited garland nations gathering fiji. the southern withdrawal left here about threatened to overshadow with, you have just ordered the devil's with an election campaign in full swing in kenya . but the, when it will have several challenges, ah, the journey has begun the faithful world copies on its way to catch your tomato package. today is some fairly heavy rain, the last 24 hours and soccer coby, in particular,
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on that frontal system issue barely visible. it's not going off sure, but the real concentrated rain is a bit further north and west. this is the seasonal rain on its way out through china, towards the korean peninsula where cells got a very wet day coming up on wednesday. the rain stays heavy and patches move slow. you sas into japan and south in china towards shanghai, which is showing a figure of 40 degrees, well above where it should be. it is indeed a heat wave warning out for that part of china. no longer other heat wave warnings that in india or pakistan or bangladesh. because when i think about the monsoon range and they concentrated from goudrow down towards go and then to us tank got up in the middle of india. there are showers elsewhere admittedly, but that's the concentration of heavy rain pakistan. having had some flooding rain in karachi, he's got a couple of days of dry weather here. the rain in the 4th shower is a lot for the north, as you can see. and then once it, of course, catches the edge of the re b in peninsula that have been showers, flooding,
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showers, you know, bomb, but we back to normal. now i think so we just catching sadala with the edge. crazy times here. the rest, the middle east, as you might expect, is dusty hot and dry. casa, airway official airline of the journey. housing has become a commodity instead of a human rights. man, you some people the ability to take advantage of others, the elite feel free to violate basic laws, the working classes that have lost a lot of ground in our society. a un special reporter on adequate housing travels the world, investigating a global crisis, as people are evicted to clear the way for investors and properties too often left empty. push a witness documentary on al jazeera lou .
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ah, welcome back to watching out. as a reminder for top stories, so the error hit piracy with you are stolen trading on thursday. that is the lowest valuation of europe currency in 20 years is being driven by fear of the global recession uncertainty over energies. molly's military says it's arrested nearly 50 people. it says a soldiers from ivory coast to operating in the country illegally accusing them. of being mercenaries, un spokesman says they were hired by a private company. that provides logistics. a speaker shall angus parliament's. as a new president will be chosen next week follows on precedent protests which thor, tens of thousands of people stole the residences of the president. and the prime minister. private funeral has been held in tokyo for the former
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prime minister of japan. should so ave people lined the streets of the capital to pay their final respects as his body was taken from the georgie temple to the funeral hall. as has passed along the prime minister's office and parliament ave was shot while he was campaigning, asam election rally on friday. police have acknowledged security lapses. at the event, tony chang has moved from outside the temple in tokyo, where the funeral to place the hotel has been moving around. the city targeting areas like the headquarters of the l. d p which is the obvious political party, the japanese parliament building. and the prime minister's office, of course, particularly significant for since obey the man who is your parents, bought in history, was the longest serving prime minister earlier in the day. here behind me as a to z temple, there had been funeral ceremony held for close family and friends. it was
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quite an intimate affair. we saw people arriving very much taking place in the private a large crowd of people waiting outside, wanting to pay their respects. but also, you know, very silently with no sort of spontaneous shows of grief or emotion. i think, to a certain extent, people here are still very stunned. this has happened so quickly to a prime minister that although he had stepped down by the time he was assassinated, still loom very large on the political stage and had had such a profound impact on japan. for the past decade, the small pacific island nation of kitty bass has withdrawn from a crucial fiji base regional block. it says micronesia. countries have been fired light in the leadership of the pacific island for and the summit comes as australia, new zealand, and the u. s. are trying to push back against china is growing influence in the region. aging, signed a security packed with the nearby solomon islands in april in the volatiles i've
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had in the discussions i've had in my previous visits and in the dialogue to die. leaders talked about the challenges, the rage and faces climate change cause it and the recovery from clothing, both of which have fallen harder on this rage and then on many other parts of the world. and of course, strategic competition and all the nations of this region are seeking to navigate. although nations are seeking to navigate those challenges, and we do it best when we can do it together. let's see, purchase strategies taken. let's he approach the pacific island form is taking and that is why pacific for immunity is so important. when, hey, has mo, from fiji, is capital soother? this meeting all the pacific islands form as seen as is perhaps the most important one and a very long time. partly because it's the 1st time that the leaders have been able to come together face to face to meet in 3 years because of the cove at 19 pandemic
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. and also it's crucial because of all those. dia geopolitical tensions that are ongoing at the moment. and then we have kid abbas and their decision to withdraw seemingly at the last minute. but this is a problem that's been going on for a long time. in fact, we go back to the beginning of last year when the 5 micronesia countries that are members of the pacific islands form including kit abbas signal that they were going to leave this pacific islands grouping for a couple of reasons. but mainly because they were unhappy with that election process that took place to find a new secretary general of the pacific islands forum. they felt that there was an, an agreement in place that would allow for the new leader to come from one of those micronesia countries. instead, after a hotly contested vote, i had went to henry puna of the cook island so that clearly that is an issue that has been bubbling away for the last, almost 2 years. the insecurity council is expected to those in the coming hours on a draft resolution to extend
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a deliveries the last rebel held area northwest and syria. a mission for cross border shipments from tac expired on monday out to washer detailed in attempt to renew the mandate. and to pronounce again, sir james bass has more discussions happening after un lots of negotiations continued all weekend long to try and resolve this because the deadline has now passed. there is no way currently, it is legal for the u. n. to bring in aid across that border crossing. now you remember that on friday there was a show down. there was, were most the security council supporting the idea of a 12 month extension to that border crossing russia saying no, 6 months only. well, what are they agreed on to try and come up with a compromise? and i believe they'll be a vote lightly early on. choose day here, the un. well, this is the russian resolution. that last week, most of the security council said was totally unacceptable. 6 months only, not good enough. well, i can tell you the new version that has been put forward. i've seen it is almost
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identical to this. there's just a few words changed. they now say that the secretary general, or before that 6 month period is up on or the beginning of january, will produce a special report on the humanitarian situation before the 10th of december. but in essence, the security council, despite them saying that this russian resolution was so awful, are now having no option, i mean, backed into a corner by the russians to actually support a resolution that is almost the same as that russian draft resolution that they all objected to with the exception of, of russia and china, they were the only 2 that supported it on friday. so, humiliating climb down. i think a demonstration of the state of stalemate around the security council table. and it's not good news. according to humanitarian community. the u. k. is governing conservative party is unveiled, the time table to replace outgoing prime minister boris johnson. new leader will be
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announced on september. the 5th 10 candidates in the running after transports actually grounds shops dropped his bid to support russia. sumac. the former u. k. chancellor has officially launched his leadership campaign with the speech in central london hall. brandon will not reach you soon. i showed frankly why he's the front run. it was a clever address to the party faithful. he talked about needing to have a grown up conversation about where the conservatives are and where they're going. he also praised boris johnson and said he was the most remarkable man that we should. soon i could have a match. and i think that goes to issue, still not recognizing that in certain quarters that a conservative party bought us johnson remains rather popular. so he's, he's hedging his bet, somewhat richly soon. that the other thing that he spoke about at length in that conference that he's just given is the fact that while other candidates are other than that they will immediately start cutting taxes. if they became prime minister
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. he is against the kind of fairy tales as he put it. he said they needed to be honesty and responsibility, not fairytales. and he did say he has a traditional conservative values that is addressing the criticism that he's had, which is by putting up taxes in the way that he has a chance to laugh. and by expanding the schemes, for example, and increasing the size of the state during the pandemic, those are kind of not really traditional conservative things to do. but he's emphasizing that actually he does have consider traditional conservative values. so he's putting his flag in the ground with that london's busiest airport is announced and will limit the number of to passing passengers to a $100000.00 per day over the summer. now, before the pont, i make the average number of daily passages at heathrow with more than double that the airport authority say that's the most people. airlines and ground handlers can cope with. the limit starts on tuesday and will last until the 11th of september.
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demonstrations on the streets of the canyon capital up and showing their frustration. head of elections. people are unhappy about rising prices, stagnating weight, wages and heavy debt. catherine sawyer reports from la ruby o. tortoise like this in can you have become oakland? i this time the speaking out against the rising cost of basic food prices. many people he is saying life has become unbearable in a general election in august is making things more difficult. with julia manion is a casual walker on a good month. she owns about a $100.00. so every coin counts. why did he got? she said the cost of her basic supplies have doubled in the last few months. so you get a warm up doesn't in one any longer. we're struggling to make ends meet you. may's
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flower has doubled. cooking oil has become unaffordable. you my children, i have adjusted our food rations. i feel like invalid all my need. my voters are electing a president and peace senators, governors and other electoral seats. politicians are using this campaign season to promise that they will quit the economy, but many voters are not funded. they say they are these and, and they don't talk to who does the economy say a new government will find it hard to lessen the barden for most people. this is partly because of a huge public debt. much of the money has been borrowed from china for large project like these expressway. some government officials have also been accused of corruption by inflating costs. we have a big football president. this is the devil's breakfast. you have just
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ordered the devil's breakfast. we're almost $100000000000.00 by the 10 big big of a $100000000000.00 public that ah, we're now boring to pay interest on previous warrant spock. manion use family home. she prepares a basic meal. she's behind on her rent and school fees. she's running out of ways to make more money. she tells us she's living in incredibly desperate times. catching soy all jazeera nairobi. how the 1st full color image from the largest and most powerful observatory ever sent into obit has been released. take a look at this, this was the picture taken by the james web space telescope, which is brimming with distant galaxies and stars. is believed that some of them were formed, soon after the big bang, 13800000000 years ago. nasa says it's the deepest look into the cosmos ever
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captured. francisco diego, a lecture at the department of physics and astronomy at the university college london. he says more could be led from the next image is set to be released on tuesday. we are going even deeper a, to see galaxies that emerge and not exactly from the bank. we are talking a few 100000000 years after the big but still, these are the farthest on the oldest galaxy that we have detected so far. it is fascinating and this is just the 1st image in a few hours. i gotta go to college to, to run a big lecture, theatre full of people when we're going to expect the live broadcast from nasa. for the only other pictures i want to be released today to the public, a fascinating they are, might major, my son in the history of science as humans. we are with south korea city and they all use 3 full of achievements, the house being the consequence of our following that curiosity. a lot of the
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benefits that we have to they are the result of that curiosity, which is what the, what like science are in this case, we are now dealing with a very origin of universe. they already jones, on milky way galaxy galaxies, the very 1st stars on the space telescope of the size hoss as i, their city of applications, not only galaxies and cosmetology. we can explore, for example, the formation of stars in our own milky way galaxy. and in all the galaxies and the formation of solar systems, we know now that there are literal, literally billions of solar systems in our own galaxy. we will explore with the space telescope like this change. what? well, want to explore a more detailed information go solar systems. ah, is out there, these are you top stories? molly's military says it's arrested many 50 p.
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