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tv   Inside Story  Al Jazeera  September 17, 2022 8:30pm-9:01pm AST

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again, that area be it. federal dogs be a humans be in the brain species predator species, and the cheese up. but some conservationists have doubts about the project. they say the projects near $12000000.00 of funding will be better spent on directly boosting the local economy. other say the habitat isn't suitable nor big enough for me. definitely put the cart before the horse without doing the unglamorous, but painstaking and very essential work of preparing the habitat, making sure that is sufficient area of making sure it's of sufficient quality with selfish and brain species sufficient connectivity. we have now got the animals, the animals need a home, the animals will hopefully settle down and start breathing when they start reading they need more space. the group of 8 she is will be joined by 12 more from south africa next month. the cheetah maybe the worlds fastest land mammal but permanently reestablishing them in the wild is a slow process. conservation of hope. the habitat will eventually support as many as 40 of them. but that's expected to take many years since monahan al jazeera.
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ah, hello, what you know, just the are these are the top stories. the solemn queen elizabeth, the 2nd grandchildren have been standing, the jewel next to her coffin, and she lives in state at westminster home. the prince of wells and duke of sussex, seen wearing the military uniforms for the occasion, were joined by peter phillips as our tindell princesses, beatrice and eugenia lady louise windsor. and james via count civilian president, joe biden is on his way to the u. k. to pay his respects to queen elizabeth the 2nd . before he left though he warned russia's president, let him in person against using chemical or nuclear weapons in ukraine to county. it's heavy losses. a lot of my remarks in an interview program. 60 minutes on cbs
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ukraine's president says investigators have found evidence of torture among bodies found in a mass burial site. in the city of idiom, hundreds of bodies were discovered after the area was, were taken from russian forces. the un is sending, attain to assess evidence. if possible, war crimes audit abdul, hamid reports from hockey, that as city as been under russian occupation since the beginning of march when they went in there early, they found little resistance, but ukrainians all along knew it was very important to get it back simply because that city basically was a logistical hub for the russians, very important for their military operations for re supplying their troops in the north of the dorm bus region, which is according to president booted the ultimate goal of this war. at least 24 people have been killed in fighting this way on the border between the kurdistan and to g has done no major incidents were reported overnight on saturday
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. and the un at children's agency says circled super floods in pakistan have left nearly 3 and a half 1000000 children in need of urgent help. unicef says stagnant water has led to an increase in malaria and gay fever and diarrhea state you now fit inside story ah their boss from getting their own money. some deposit has 11 and have held our banks to reach the funds. it's happened as the country is experiencing, it's worse, economic turmoil indicates. so how will the crisis pay out socially and politically? this is the inside story.
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ah, hello, welcome to the program. i'm hashem, i had borrower. lebanon's economy crisis is getting worse. it's parliament suspended, budget talks on friday after politicians walked out, calling them unconstitutional and chaotic. this will delay efforts to complete the requirements set by the international monetary fund to ensure it's assistance. it happened on the same day as a series of bank, holdups, desperate customers, and had branches with weapons demanding the return of their savings deposits. financial institutions had limited withdraws to avoid collapse. now they say they are weighed for their work as safety, and with shut their jaws for 3 days. then
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a hodder has this report from barret ah, a series of bank hold up the cross lebanon in just a few hours. depositors armed and demanding their money. they've been locked out of their account since the financial crisis began in late 2019. in most cases they were able to get some of their funds. the means, every time i go to the bank, i'm united, they give me a little amount of my money. as if i my becca, don't i have money but i love like a poor man. we can't buy medicine. oh, the raids on friday follow to on wednesday. activists are promising more to come. i ha, we have rights and does the resolution by depositors who support any depositor who wants to claim his right. banks won't be able to work until our trap. savings are released. politicians,
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many of them bankers have failed to address the financial collapse. instead, banks announced the 3 day closure next week over mounting security concerns. didn't know they didn't found a comedy to solve this situation. the banks, the banks are saying that they will close 3 days. i'm telling them that at the ford they, when they will open, they will face hundreds of deposit. those are the branches. so far, incidents have ended peacefully with those involved only briefly detained. there's chaos across the lebanese capital and fears. the situation will only get worse if politicians failed to improve living conditions. the economy began to collapse 3 years ago and many say they can no longer cope. the currency has collapsed, unemployment is rising, state services are almost non existent. i say in the county is heading to how we are so tired. i had to leave my house because there is no electricity and water. i have no money. everyone's asking for a dollars,
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but i don't have dollars have mercy out. there is little holding the country together and lebanon. stability is at risk center for their lcs. eda, beirut. so how did lebanon get into this state? the country has accumulated high debt since the end of the 19751990 civil war into a 1016 banks offered high interest rates for new deposits of dollars and lebanese bounds funded reserve climbed. but so did liabilities metaphor in donors backs out blaming, sectarian fighting, a lack of governors, and a failure to deliver reforms in 2019 people protested against corruption and government plans to tax what's up cause the world bank says political graft has driven the country to near bankruptcy in march 202011 and defaulted on its fine debt. the country lost the dollars. it relied on and banks close their doors. levin
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is also struggling to recover from the beirut bought explosion in 2020. ah, let's bring in our guess from beirut. we're lead bardeen, media analysts and political activist from anti of france has an armored, highly financial and economic expert. also from beirut, salmonella, the director of the levant institute for strategic se affairs. thank you all for joining us. what did deposit, those are determined the bond to withdraw their savings. the government is saying it cannot allow that to happen because they justin sent about capital flight. where does that leave lebanon? actually if you remember when you were just calling for a capital control in november 2019, nothing happened. we don't have it. so unknown for the banks and backed by
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a central bank, are holding the money deposit off the positives for this leaves us with no other way, but to try to get actually our money a some will go to violence. some we go to the, the whole bank, holdups, and it's not the 1st time to talk and, and it's, it's a unique scenario when it's a bank hold up for people to get their money. they're not even someone's money. so action isn't stealing about stealing, inaccurate violence, this is, can, this can be debated. but if we are in a country where we're 3 years, no serious at dance, to address that problem, not even to sell people, ok. we're gonna give you money, maybe in 5 years, maybe in 10 years, this is our nothing off the top and people are frustrated. and there's many other economics. in fact, is that why we're interviews this summer and the subsidies for the fuel
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isn't, is over now. inflation age is, are very high. as a private schools are like, why are you a part of the tuition in us dollars university way. why that was on all off, depending on the university and the us dollars. why the public schools i closed because of their strikes because they public servants don't want to go to work with the spain. no salaries, the need university, which is the public universities. all. it's not the everybody, it's going to store it anytime soon. so the problems, the crisis is escalating in evey speed in the very high speed and the presentation is high. all right, i will see other forms of people experiencing the station industries. hudson. the steps taken by the government so far. are they
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too little to lay to prevent a total disintegration of the economy? thank you for receiving me on this program. let me reiterate that every time i give an interview being once a year or any other media, we repeat the same acid. lebanon is not a budget for this year. as you know, the budget that we discussed today is september of 2022. it's for the 2002 year, which means we're only 3 months away from the year. and this, or it was the metrics of numbers that the government is putting together. let me remind you this government is form like or government that used by parliament, which is very generic. i think it's non stop and the parliament and the government are made that generated by a bunch of 7 or 8 people running because it must just bible eat and cook
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tide and our solution is no longer do we do this with that capital control or back secrecy, what do we do? our problem is, this is not a problem. every problem is, is secular is a, is a sec. it's just the, which was built after the civil war. and then we finally, we thought we were see the light in 1985 agreement, the same people who bought, who for the war room the after that. so the committed war crimes and then the committed describe it this and this is the only country the word with the population money is due by the people who put the war as good routing as presenting . but you asked me, is it that we present the budget is not the budget? it is the system. okay. this denise change. sammy are, are you of the same view that is about time to start looking into the system itself
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before going in to talk about political reforms? because if you, if you ask anyone from the i m f, he looks of the charts and he sees the country itself. politically paralyzed, a president who's term and very soon a country divided along sectarian lines. he doesn't see any way out of this political crisis. and therefore, i don't see an enthusiasm from the international community about stepping forward and helping lebanon. yeah, i mean, definitely the problem is economic conduct burden is on the economy side on the social side. but this is definitely politically and the fact that is it thought that it a blockage at the level of that decision making because of the conflict on one side . and because the country is exposed to the regional conflict, given the balance of power. and this is putting the whole country in his
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statement. nothing has been done and we have seen that people are taking it to the street are embedding the bank in order to get try to get that there. right. and it kind of robin who kind of asks why, because that's that the state is fading, the government is failing to deliver to justice. the state is failing to deliver solution to their economy problem like what he was saying. i mean, it has been like more than 2 years, 3 years to the crisis and nothing has been done. they didn't agree even on an economy plan to address the crisis. and given all of that, that the ration is so high, and we're seeing the people taking a trying to get their own, their own, the rights with their own hands. unfortunately,
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because this is against the law. however, i mean, they, one can understand that this is a sign of a failing state and what does works and this, what we've been seeing for the last 34 days and indicator of a social explosion in my view pocket. a question and i think has been address what will come next? i said, i feel like you want to step in. yeah, i mean, i don't disagree with my colleagues, send me and relieve all. i'm saying we don't have to refer always that we are in the middle of the region, coughing the region, coughing, no question. does that affect the fact that we have a we are geographically on the board? is this correct? and that is an armstrong against them, but however, we always insist that the corrupt system that they stay breeding's conspiracy on us not there is a conspiracy to create
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a page thing. we are ascii and as sent me being someone who lives in 11. i don't blame him for, for looking always at the micro rather. and michael in the last 2 years already known as clear, there was nothing that by the government, the government is the criminal at the government is the judge stating it in court. the judge, a cabinet, so they are the criminal and the judge. those people are incapable in capable of providing reforms to crimes that corruption, they created. this is as simple as that. ok, we can talk about whether capital go to or to see that of that or whether if we do, i am a black. okay. do i am a threat give you 3000000000 dollar over 5 years and condition of the blah, blah, blah. but so what we are in a gap of over a $100000000000.00. what it, when you look at the c is coming out from lebanon,
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of the angry people storming into banks such as a sally half as i were talking about in separated isolated individual acts of desperation. or it is something that is likely to morph into a wider process movement 11. i think, i think given the kind circumstances and this is going to, it's a snowball. it's going to go people with day off today. and believe more and more that this is the only way to do it. the if we go back a bit, we see whatever have been happening, especially since december december. sandra has been issued the ocean 161 with the fire, which is another ice of the $1.11. and we have i on 67 boxes of the u. s. dollars.
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so which is less than the black market. you can go to the bank and exchange fashion, benny's pounds for a dollars with a less than the black mark, and then you both sell it to the black market. and the difference is coming from nowhere in the controls are becoming more and more tight. now if you have a bank account, you can go from the bank between, depending on you deposits between 5 to 10000000, maybe if in as the maximum millions a month. so you can have something from $150.00 to around $400.00 maximum a month. why they inflation nice. ave high. so this is, most people will get down less than $200.00, which is not enough even from the sellers. we're not talking about some of the long term deposits, so people i be suffocating day after day. and i think what's going to happen after the banks are open on thursday or yes on thursday,
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and they will have more security measures. maybe maybe their front office will be closed by the back offices, and it's only a matter of time when someone will be more creative to come with a different idea to hold up the bank so that they can get their deposit. so, if we don't look at the problem as a whole and try to find a solution, we want to expect from the people to do anything less buy. this is only part is the bank, but, but another thing which is becoming more and more seen then lebanon is acts of violence is still being stop, stop to being out of money going out of gas. machines are found, exchange offices, i make this guys is increasing and, and that's other and the other hand, the security is very news. the police is paid something like $4050.00 a month,
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so they don't even want to wear many. i mean, we are in a very serious condition and on the other hand, on political i've heard there's no actually this is a currently in government. ok, i'm the president. and so we are in a deadlock and we, i more going to get vacuum. i think we need to be smart in getting so you sions maybe outside the system and they're coming few weeks, sammy, if you look of the, of the, of the data by the world bank talking about the local currency, which is the lira which has been depreciated. by something like 90 percent, 80 percent of the population. now there's below the poverty line. we're talking about what was for that case, the pride of the lebanese nation, the it's middle class is almost decimated. yes, definitely. and this will be very difficult to rebuild because all the
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people who have their sti de fled toys expectation of naughty. because why? because for the last 50 years, they try to change things to get to this 3 day operated or they had to betty a beautiful illusion. all 3 were fitted to all the places from the extreme. also the extreme north from being rude to that because they try to piece for mean to dislodge this ruling elite. and that is all after the election establishment, paul found its way to for a come back and this is branching the operation into despair. and this method of class you were talking about has been exceeding this
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that grudges that this bear on one side, and it's an impoverished because the average salary today does not exceed $50.00, a judge and public administration. his monthly salary does not exceed $300.00 a soldier in the army, and we're talking here about $50.00, a sanity. how you can was this level of salaries of earnings sustain estate. so all the indicators concur to say it's not only about a falling of my knees, but in this chain of believe a nice site. it's more important aspect to is a collapse of them in that class. but it's the dis, structuring of that the bernice site has and the i m f in particular. and the
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international community said this time we would like to see some genuine financial and economic reform. we don't, we don't want to see or hear about any cosmetic, a reform. and one of the main preconditions by the i'm, if the set to the president of the government and to the parliament will want you to increase taxes, particularly cost some taxes by thieves. or the government is afraid to move ahead with this because they're just afraid of a popular backlash. give us your intake and how should the government deal with this in particular? so i spoke in person with some of the dedication guy and i say on public diaz, i'm responsible for both, for what i said, some of the official of the biomass binds lebanese operations. they know that they are cheap and they know there will be no reform. so increase customer, that's it as well. it's not that bad if you take it off from the door and you
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mentioned you discussed on an enormous economy, which is trying to recover our progress apart from the systematic problem. i mention politically, we have the problem back to the sector. you cannot 3 ignite an economy so that it goes back to normal without a proper functioning back to the bank. owners are behaving as well as politicians if not work very as possibly as well as the deposit the deposit, the bank owners and denies that they have their banks. michael, the banks are not able to find any company of the economy because they lack capital and dollars. and we need proper bagging in order to unite economy. what's the solution is that you have to instantly isolate the kind of back is the bad best. they kind of bullet dishes to use the fission and bringing fresh bags in the
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country with fresh investment so that we can go back to what we go to actually lawman economy. and we got the like where the culture industry covers and the like . unfortunately, those populations and those bankers are so much empower, they would prevent this. so we are in addition to the i am, i will not be able and they are not convinced that they can do anything. all right, what we need and what we need a solution. you asked me not that i am, we need that international pores are convinced quality that it is in the nation and it, because if they don't, because the nation has to do something, we're going to go back. we going to go back, we can move very fast into a somalia situation, where there's a page state for the last that, you know, lebanon at the national pressure, to insulate and pressure kind of politicians to step aside and build this. they
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provide lunch, our president can give you some very short answers. if you don't mind, what did you said earlier? you want something outside of the system and answer or solution outside of the system. you know that the architecture that pervade after the civil war was based on this consensus within the key, sectarian group 11. and how can you think about a different architecture? basically if you try something for actually 30 years and it fail, it's only the stupid with try again because you get using the same methods because you're gonna get the same result. i think the post civil war because there are architecture as bo girls and it's death. how do we say it's not working? boy, it's, it's failure. when we are talking about the banking sector, we're talking about all of that, but they can only go with them. and these are things that needs to be debated. ok,
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and lebanon. the have a different vision, but it, but there's something they very important because you see talked about the middle class lebanon. i think it's also very marked a bit to see that most of the people who are doing the hold of the bank. i deposit those with more than 10000 or 20000. thank you, william. if for $200.00. so these are the laws. thank you. looking to violence, get back them. when it's in a less than 20 seconds, do you think that the golf nation will be convinced anytime in the near future to injects cash the way the is to do in the past to balance the sheets for the nobody's government? i think yes, it can be so, but before that that you're on question has to be sold in a way or another. today it's the key that you see countries don't want to to think about lebron on because of has more law and in the country because at the
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end of the day or any place, tony are all important. this is a really slow because we're really running out of time. sammy not has that much highly. we'll need a, appreciate your inside looking forward to talking to you in the future about this quite interesting story coming out from lebanon, and thank you for watching. you can see the program again any time by visiting our website a dot com for further discussion. go to our facebook page. that's facebook dot com, forward slash ha. inside starting off of the conversation on twitter, i'll 100 is add a j insights. what if on the entire team here in the like ah
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