tv News Al Jazeera October 14, 2022 5:00am-5:31am AST
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de, landslides, mud slides. the big concern here with those torrential downpours and a line of showers in storms extending from the paid roof in andes, toward the southeast of brazil. got an onshore breeze here. so that's really going to pep up that rainfall as we look toward that southeast corner of brazil see soon, ah, a weekly look at the world's top business stories from global markets to economies and small businesses. to understand how it affects our daily lives, economic damage in counting the cost on our jersey. we understand the differences and similarities of culture across the world. so no matter how you take it will bring you the news and current affairs that matter to you are
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stock warnings from the i mess about the global economy and inflation and fault full cost. the poor nations will suffer more in a downturn. we'll hear from all correspondence around the world. ah, and i why money inside the sound is there a life? doha also coming up. more than 500 people dead so far in nigeria is west flogs and a decade. i'm a desperate situation for those force from that homes. a gunman who mounted 17 students and staff to florida high school escapes the death penalty is likely to spend the rest of his life behind. gaza rolls out the red carpet for the 6th annual human rights, short film festival with a host of nations taking part to find this writing located ah,
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hello and welcome inflation threatens to become a runaway train. that is, the warning, the i m f has put out as the global economy is hit by one shot call to another. the head of the l m. f says the risk of global recession is out 25 percent. africa is in the most precarious situation with many low income countries hit by high food shortages and extreme poverty. the worn ukraine has brought food insecurity far and wide with 48 countries severely affected. in the middle east, economic growth is projected to slow from 5 percent to 3.6 percent. inflation is also expected to remain at more than 14 percent next year. latin american, the caribbean, all projected to see slower growth and previously thought where the i'm f predicting 1.7 percent growth in north america is also tip to slow. the i m f
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says they'll be just one percent growth in the u. s. in 2023 and 1.5 percent in canada. we cannot, we cannot possibly allow inflation to become a runaway train bed for growth and bed for people. but, but especially for poor would be for poor people. alan fisher has more from washington d. c. crystelina georgina is aware of the impact that high inflation is having on every one. and she says that governments really do have to do more to try and help the poorest. this isn't some abstract economic theory. this is being experienced by everyone. if they go along to the shore, just to buy some food to feed their family. and she says that of governments and financial institutions are going to help than the help has to be targeted to those who are struggling the most. she says that essentially inflation is
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a taxation on the poorest in society. she's also aware that when that are financial issues, there can be political issues. and that has led to critics to wonder whether the international monetary fund and the world bank is fit for purpose in negotiating its way through this crisis. whether capitalism should continue to be the driver of what is happening with global economies. well, that is a point i put to a senior figure in the wild bank. when you have these types of multiple crisis up there is this natural tendency to think about whether there is need for a revolution or a. it is another evolutionary point of view. think about the world bank and intention wanted a fund that had been around for nearly 80 years. these institutions have evolved with the evolution of the global economy and they will continue revolving and less, don't forget, these are institutions. vit shareholders,
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they respond to their shareholders who are the shareholders, the global community, of course we will respond to the demands. we will adjust our walk programs accordingly. and we will do our best to respond to these multiple crisis says the i m f in the all banker meeting. here, there is a confluence of events which they have to worry about. first of all is inflation then that climate crises in various places around the world such as the floods and pakistan the floods even here in the united states. and then there is the war in ukraine, which is causing financial instability, but also has an impact on the food supply chain around the world. and according to the i am, if 48 countries are facing food insecurity, that's 325000000 people. most keenly felt in areas like the horn of africa and the sa hill. and there is a worry that some families won't be able to feed themselves unless that situation is address pretty rapidly by the global financial power houses. what happens in
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china will of course have a big impact on the rest of the well, the economy there is sluggish. growth will be the sharp focus of china's ruling communist party congress. magic folk has moved more from beijing. this was another stark warning about the mounting challenge. china's economy face is coming right ahead of its biggest political event in decades. the i m f said that after posting near 0 growth in the 2nd quarter, growth in the world's 2nd largest economy would recover in the 2nd half and hit 3.2 percent. so for 2022 and 4.4 percent in 2023. but that was based on the prediction that there'd be a gradual loosening of coven 19 curbs, and a moderate pick up in public investment. but there is still no clear sign on how exactly policy makers intend to map china out of its coven 19 crisis. and there are
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growing warnings about the scale of it's a property crisis in the potential knock on effects. it could have the i'm f did say though that inflation had not risen as sharply and china as it had done elsewhere. and there was still policy space to play with, but all lies will be on the communist party congress kicking off on sunday for clues on how policy makers intend to tackle the weak economy. you know, i met, has wound about inflation running out of control in argentina. it's fair, the inflation rate could hit a 100 percent this year to raise it by reports from when is aries latin america economy, those problem to recover from 2 consecutive shocks, the endemic and then the impact of the war and ukraine. i know they're struggling to cope with a tightening of global financial conditions and when most countries in the region are slowly showing some signs of recovery. countries like argentina right now we're
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struggling with very high inflation lease to speak or show our didn't. tina will have around 7 percent inflation rate a month. it could reach around 100 percent inflation this year. man, for example, hugo, he's 58 years old. he the pensioner. and he's forced to sell this stock on the street to be able to make a living. so inflation is having a huge impact on people's lives here on the government until now had been unable to come up with a plan. there's a big differences between president that america fernandez and his vice president, christina fernandez. the kirschner. and even though argentina managed to reach an agreement with the international monetary fund and post co payment, there's still a crisis of it's international research there. simply not enough dollars, right? now argentina is implementing exchange rate controls. there's around 14 different types of exchange rates. the latest one is no one of the dollar category, which is the exchange rate that is implemented for those who are traveling over see
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the minister of economy right now is in washington dc, meeting with international organizations, trying to get some type of financing for b. this countries we serve, it's not easy. argentina has had a history of economic collapse so we cannot make disasters there. there's not lots of trust out there in order to try to help this country recover. and of course, this whole situation generates lots of tension with the business sector, but also on the street we're seeing protest happening here almost every day with people struggling to make a living to make it until the end of the month. mostly because of the fire, very high inflation rate. and this of course, has a huge impact on the president. so popularity north korea has fired at least one short range missiles into its eastern waters and flown war planes near the border with south korea. the latest in a series of missile tests in the past, he weeks south graves military has worn pyongyang,
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that it will maintain overwhelming capability to counter provocations. let's go down to there is what mcbride, his lifeless. and so one more do we no problem. we are a real flurry of activity all happening in the early hours of friday morning here local time and really raising the tension levels are once more we have seen the firing of another short range, ballistic missile flying eastwood, sir, from the peninsula landing in the seas. that separate it from japan. it's reckoned that sir north career is now fired over 40 ballistic missiles. so far this year. also north korea's artillery was in action again the early hours of friday morning . according to south korea around a $170.00 shells were fired. both from the east and west coast out to sea. and also the north koreans are dispatched around 10 of its a military aircraft flying south towards the d. m. z. and close enough to the d. m . z a fall south korea to respond scrambling. it's jets in response including f
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$35.00. now, all of this activity close to the d. m. z. as in contravention of an agreement that the north and south signed back in 2018, agreeing not to carry out such provocative. military acts close to such a heavily fortified border, but obviously that was signed at a time when relations were far better between north and south. rob, as you say, unprecedented period of activity from the north. what has been the response from the south? there's been a you would expect condemnation from the south career. it's been a very early call here for military and intelligence officials. the national security council met early, also the joint chiefs of staff they have condemned. this action. we've also heard from the are from south careers. president june shook y'all saying that a reassuring south career about the ability to defend itself talking about
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a water tight or readiness. and the south koreans have also imposed sanctions and unilateral sanctions against individuals and organizations in the north connected to these weapons programs. now this is largely symbolic, but it is the 1st time that the south has imposed these type of sanctions for for 5 years. but the north seems to show no signs of being deterred kim john gun. in fact, just on wednesday was a scene overseeing the launch of 2 long grange cruise missiles. the kite type of missiles looked at or thought to be capable of carrying a tactical, small, a tactical nuclear warheads that the north has said at the beginning of this week. it is now a committed to a developing at the north says that the justifies these actions because it's as says that the south is conducting military drills with a jew as counterparts. while the south for its part, a again seems to be determined to carry on with military drills more military drills are scheduled to start on monday. run,
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ride their fast and sell thanks. the price of nigerians forced to me i flounces, becoming increasingly desperate. former 500 people have been killed and around 90 of them in just one boat accident in a number of state. and he families are still waiting for news of their loved ones. and at rest reports. here in weary conditions for the displaced are getting desperate. with just to was to sunset for the served in this camp that we shall see now accommodate. hundreds of people. missed food. yeah. it's not, they're not, we're not. we're about 3000 people that is here. as i'm here with the bell on this . listen, i knew about it from time to other do was she says they haven't received an leave supplies from government this is flights of ravaged at least 27 of nitrous, 36 state destroying lives, crops and horns and ridges like
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a number of his he, i tell us at hundreds of thousands of people in several communities are still out of rich. nothing has been heard from some of them in nearly a week. and the passengers off a boat that capsized a week ago, killing about 9 to people while fleeing their submerged communities. in sight of help you my just the agencies had warned, of destructive floods this year. but the level of government preparedness was poor . so to was people's response to evacuation warnings that has left victims like get you and any wonder what the future holds. alabama my tomorrow will montana mid. there's nothing to go back to. if my house is left standing, my animals crops, everything is gone. for my kid, you know, and ambrose, one of the worst affected state officials say the data science hadn't been there yet, the federal government has failed to act. cameroon. once about this, i saw we know that every 23 years, this happens,
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demerell will open up the dam. and then he comes here and wipes off everything. i mean it gonna get to a point where the, what i walk, i'm an infallible entire country. nigerian official say humanitarian supplies have been distributed nationwide, but that is little comfort for hundreds of thousands who are yet to receive any help from government. at any level. how many degrees al jazeera or torture. still ahead on the al jazeera buying on its own people, new accusations against mexico's armed forces. ah, anticipation is rising. and so is the atmosphere. you read with most of my cattle airways. here's your weather update for asia. thank you so much
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for joining in. so there's monsoon rains in india continue to clear north to south as we would expect this time the year. can see the action around westbank all entrepreneur dash, but especially that western side of india from ma, harass drive into careless state on friday. you know, over the last few days, central areas of vietnam, almost a meter of rain. and here we go again as another system approaches that's going to spread some significant rain for places like denying with a hard $27.00 degrees to the ground already saturated. the very real risk of seen some flooding here, high temperature is still in the forecast southern china, hong kong at 30 degrees. same goes for gray. lin, that's above average with a high twice, 7 degrees in the sun on friday. things are starting to dry off across japan, but those winds are really ramping up out of the north, around tokyo, windows, potentially up to 80 kilometers per hour. let's go back to southeast asian. we can see most of the energy is being drawn up around this disturbance in indo china. but really up and down sumatra, we will have some bouts of heavier rain. was
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a foggy night, the other night in the horse that some of the year 32 degrees was lost. the seabreeze in karachi. so your temperature 38 or 39 on friday to with sponsored by catchall anyways, the latest news as it breaks, it's not just personal property, but also an infrastructure that now needs fixing from power lines to water. main detailed coverage is up available. i think a very good pub. thank you. back from around the world at the big public season. it's like for for 315 records on a date lou .
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oh, i'll come back you watching alex? is there a reminder? if our top story is a south north korea's fide, at least one short range resell into its eastern waters and flown plains near the border with south korea. soccer as military warns pyongyang that it will maintain overwhelming capability to counter provocations. well than $500.00 people have died in nigeria, west flaunts in a decade, and usually heavy rains lead to the destruction of tens of thousands of inflation threats to become a runaway train. that is the warning from head of the imac. a global economy is hits by one shock after another. the head of the i'm f says the risk of global recession is a 25 percent of the i m f has chastised the u. k. government off to its financial plans triggered chaos on the markets. a many budget reveal
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last month sent the valley of the british pound to all time. lows in the bank of england has been forced to buy back government bonds to stabilize their price. the r m f is calling for coherent and consistent policies. the british chancellor has defended the governments decisions prices for certain foods have already almost doubled in sri lanka, from colombo and now fernandez has more one how the economic turmoil that is affecting people. and this is where the huge cost of living is being felt. most consumers having to do that daily or weekly shop, a finding that prices have gone up $35.00 full. sometimes inflation has hit a 90 percent and more in terms of food inflation. i did speak to a pensioner. he said his money is stretching far less and for sri lankan,
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it's not just forwarded electricity. it's water, it's fuels. all of these things really crippling for them on a day to day basis. eat very deeply that even i find it equal going to efficient even i could do the meter, the oil of these empty at the end with its economy in the war state and living memory the she long can government is hoping for a $2900000000.00 bill out from the international monetary fund, it has reached the staff level agreement with the institution. but that is very much dependent on the country, being able to come up with an acceptable roadmap, agreed to by its creditors of how they will repay the unsustainable debt. as some observers have described it, obviously, the i m f. a welcoming the agreement, but also marking the fact that it is conditional. they have pointed out that it is bad management and mismanagement that has brought the country, but yolanda has
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a bunch of bad luck and nor where is that economic crunch being felt more than in markets like this, where people are struggling to make ends meet the price is soaring in india as well . rising inflation is making life difficult as people spend more on daily necessities. here is the story of a single mothers finding it. a big challenge to make ends meet mid on on for me ever. my name is tom evans. i work at the front desk of a private company. i have 2 sons. one works and the other goes to college. her door does the be that the vegetables are used to buy for $0.12 now cost more than double bond earlier. the cost of 5 kilograms of flower was $1.00, and now it costs $2.00. the price of a gas cylinder is now $13.00. every item in the house has become more expensive or the loan i get, i have, i pay more to travel to the office on the metro. earlier. it costs me $0.12,
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but now it costs over $0.20. the price of traveling in an alter ritual has also gone up. when the kids were younger, i spent less on their school fees, but now they're growing, so their costs. it is difficult to meet their expenses. now i have to pay more for their clothes, school fees and tuition fees. so always are keeping up with monthly medical bills has become very hard. doctors them out charging at least $6.00 for consultation. earlier they charged less, even medicine costs a lot more now. every one in india is having a hard time because of inflation and rising prices and things which have basic essentials of very expensive. now, the government can prevent prices from going up. prices for basic needs like flour, milk, and the school bus fees should be kept in tech. if the government low as the price is for some of these necessities, it will help better manage al monthly bills. a cyber attack on mexico's defense
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ministry has revealed a scope of surveillance spines armed forces. neat documents revealed continued use of this iowa, and known as pegasus and monitor generalists and human rights bacchus manual upon reports from mexico city. ah, leaked government documents from a recent cyber attack against mexico's defense ministry, appear to have uncovered evidence of targeted government surveillance of journalists and human rights workers. and among the apparent targets for surveillance, amnesty international isn't there? yes, 80 cag ivana is the organizations, america's director. she says, the spying revelations represent a further erosion of human rights in mexico. and we are extremely concerned because this is another example of the very awe whole style. invito meant that human rights defend their son, their organizations are facing in the region. wordless surveillance by the mexican
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government is not a new phenomenon. a forensic investigation by the university of toronto, confirm the long term presence of the spyware, known as pegasus on devices belonging to journalists and activists. here in mexico, specifically those who investigate human rights abuse grey moodle, rummage, a human rights advocate for mexico stem o. leap us state says he's not surprised that his communications are among those under surveillance. oh, if you oh, everything has been monitored for more than 10 years by military diligence. this is precisely because over the past 25 years, we have documented many cases of abuse way authorities for his park president. and that is one way, lopez over the other who denies the military has used pegasus to conduct surveillance during his administration. no shift gay csb. it's not true that journalists and opposition have been spider. we are not the same as previous governments. it's not true. i made a commitment that no one would be spied on video press freedom activists say the
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evidence of continued mine is compelling, arguing the real question is whether or not the president was aware him also that we want to know if the president did or didn't know if the president didn't know, this is very serious because it means the army engage in spying without his consent . if the president did know, that is also very serious because the president said there wasn't going to be espionage in this government. the office is mexico's defense. ministry has not yet answered. al jazeera is repeated request for a statement regarding the allegations of warrantless spine, madrid. apollo al jazeera, mexico city has been another mass shooting in the us of police officers among 5 killed and rally in the state. of north carolina suspects been arrested for the motive remains unclear. the gunman, hey, mad at 17 students and his staff as
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a florida at high school will likely set the rest of his life in prison. but many family members of victims outraged they wanted the death sentence. article hang reports entering his life has likely been saved. but nicholas cruz showed no relief, no emotion as he learned his fate. for the families of his 17 victims, their reaction made clear instantly what they thought of the jury's decision. for 3 months, the jurors heard graphic testimony about the crime cruise admitted to autopsy photos, surveillance video, showing him walking up to injured victims and shooting them dead. 17 killed 17 injured. they even toured the school, which has remained untouched since that day. they saw the backpacks, the blood, and the bullet holes. and the jury said his crime at every standard needed to sentence him to death. but we, the jury unanimously find that the aggravating factors that were proven beyond a reasonable doubt outweigh the mitigating circumstances established. no,
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at least one juror agreed with defense lawyers who had argued because cruise had fetal alcohol syndrome. that was a mitigating factor. that overrode the heinousness of his crime, and it wasn't even about my mind that this would be the death penalty. i'm beyond discuss it. i never thought that i could be so ugly inside, but i wait and welcome the day that i get that call that tells me that that murderer was murdered in prison. that's going to be a very happy day in my life. no excuse for letting this piece of garbage bree factors, but experts say there is a reason. it is hard to get a sentence of data to do. but it's important to keep in mind that, you know, most states in the united states have either abolish the death penalty already or haven't used it. and over a decade, united states continues to be the only country in the western hemisphere to have
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the death penalty. the european nations of all band and the crews will officially be sentenced next month. and the families of each and every one of his victims will be able to tell the court about their suffering about those they lost. after that, the judge could override the jury. it's unlikely, but for the families who wanted to see him die, one more chance to change the fate of the man who murdered these people. patty calling al jazeera, the you and yemen invoice, calling on warring parties to renew the ceasefire. hands. greenberg blamed for the rebels? the failure to extend the truth. there's been a decrease in violence before the april c, d, a lapse delia this month. the and once offensive military operations stopped, blockades lifted, and detainees released because it does not have a choice before them. they can choose to preserve and build on the true sensate, the path towards peace as it is expected from them by the many populations.
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otherwise, the return to war would mean renewed, an increasing suffering for the civilian population. iraq's parliament has finally elected a new precedent. the appointment of 78 year old kurdish politician abdullatif rashid and months of political deadlock and heightened to instability. just before he was selected, rockets landed in bagdad green zone. garza center for colton. aunt's is rolling out the red carpet for the 6th ano, human rights, short film festival, $43.00 movies will be screened this year onto the theme. see us, you now site has moved from the festival. this might not be anything like the cam film festival. red carpet is rolling in regards to the strip or the human rights film festival and hit 0 edition and over the course of 5 days, more than 40 movies,
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arson, casual screen for over 70 countries worldwide. participating in the festival. today i want to slogan is she'll buena look at us of the 15 years of israeli blockade in bull's indie gov and strip her with all the draw is 3 majors imposed on the gov a strip. we are killing the world that stop isolating the gaza strip as dog the siege. and also we sent messages several messages saying that we all people eager for freedom eager for independence. we have many palestinians will our will. dylan did. who can be a filmmaker is gonna be german, is going to be doctors and i'd like either festival, the attendees here are all ages. you've been a pretty the welcome to the people of god.
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