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tv   News  Al Jazeera  October 14, 2022 6:00am-6:31am AST

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still manual, believe women at football. witness award winning voices telling groundbreaking stories. witness on al jazeera. ah, this is the face of hunger. to describe what is happening here as desperation, trivializes the extent of the suffering. there's been a scramble at the supply truck because people here know that there is not enough for everyone, but they are still the lucky ones here across the way where the road has been completely washed away. or people cut off from other villages as the trucks begin to empty, panic returns and people jump the queue once again. making sure the weakest in the crowd, women, children, the sick and elderly don't get pushed to the back of the law that often requires force. ah,
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the i m f warns of spiraling inflation and the danger of recession and says poor at nations on likely to come off worse in any economic slump. ah, hello, i'm darn jordan. this is al jazeera la you from della also coming up. nigeria worse floods in years, need more than 500 people dead with many forced to flee their homes. us house select committee investigating last he has come at a riot orders for my president, donald trump, to testify with a lengthy legal battle likely if he refuses. and garza rolls out the red carpet for the 6th annual human rights, short film festival with a host of nations taking part defying his rainy blockade. ah, the head of the i m f says there's a 25 percent risk of
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a global recession with poor countries likely to suffer the most in a downturn. a combination of shocks such as the pandemic and the worn ukraine have hit economies worldwide. i'm if chief warn spiraling inflation poses a significant threat. we cannot, we cannot possibly allow inflation to become an i'll run away. train bed for growth and bedford people bed bed, especially for poor, poor, poor, poor people. while the collins came at the annual meetings at the i, m f and the world bank in washington, dc from where alan fisher reports 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
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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 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 world 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 in tenisha motor font. they had been around for nearly 80 years. these institutions have you all with the evolution of the global economy and they will continue
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revolving and less, don't forget, these are institutions. vit shareholders. 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 whole so has an impact on the food supply chain around the world. no, according to the i am, if 48 countries are facing food insecurity. that's 325000000 people most keenly failed in areas like the horn of africa on this a hill. and there is
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a waddy that some families won't be able to feed themselves unless that situation is addressed pretty rapidly by the global financial power houses. the i m f as sharply criticized the u. k. government offered financial plans, cause havoc on the markets and raise questions about the future. the prime minister list trust, a many budget last month sent the pan plummeting with the bank of england, forced to intervene to prop up government bonds and protect pension funds. i'm f said what it called coherent and consistent policies were needed. the british finance minister was returned early from i'm if meetings in washington defended his decision. there was some turbulence i am frank estimated about okay though, after the book. but where i'm sitting here talking about the global challenges, everybody is focused on inflation. everybody's affected by a potential interest rate rises, everybody's affected by the energy price spikes, which have been exacerbated by puritans, illegal war in ukraine. so everybody across the global financial community is
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really focusing on the same problems. but the key price is the chief advisor at the center for economics and business research. she says the british government has already made a u turn on plans to cut tax for top earners, but it hasn't been enough to calm the market to morrison but interesting day because the bank of england, when it announced that it wasn't going to be selling a government bond, this is in tend to cheer it said he was going to be selling something like $18000000.00 a year from here on. he said that on september the 22nd which was just a day before the many budgets. and at that same time, the race interest rate is 50 basis points. that would have meant something like 60000000000 of sales just this financial. yeah. that would have been additional to anything else. the government would perhaps need to do to get the kristi price cap at the $2.00 and a half 1000 pounds to said the average for households and also helping businesses. well, the moment the many budget was announced a day off the announcement,
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but the bank of england, we saw the market really, really get a very worried pushing yields out very significantly number was long term interest rates and selling bones very significantly pension funds to considerable trouble. so the bank of england started intervening in the market. now that intervention was meant to finish tomorrow. the markets are going to be looking at that very, very carefully. and i'm suspecting that there is because turbulence partly tomorrow, but also following that because we have to wait until october 31st. before we hear about whether some of those changes in that policy are going to be implemented. what's the dependent? not sure what's responsibility says the fiscal position is going to be just not just this year, but in years i had because the tax cuts that we announced the huge hole in our finances witness will prices for certain foods have already doubled in sri lanka
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from the capital columbia middle fernandez has more and how the economic term all there 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, if not just forwarded to electricity, it's water, it's fuel. so all of these things really crippling for them on a day to day basis. 8 very, do you think that even i find it equal until officially, when i get to the beat it the oil, one of these empty at the end with its economy in the war state and living memory, the she lankin government is hoping for
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a $2900000000.00 bailout 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 repeat 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 for longer has 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. north korea has fired at least one short range missiles into its eastern waters and flown warplanes near the border with south korea. is the latest in a series of weapons test. in the past 2 weeks. south korea's military has warned
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young that it will maintain what are called overwhelming capability in response. while out there's rob ride, joins us live now from saw rob. so how significant is this warning issued by south korea's military to the north? are both north and south seem to be locked in these escalating tensions at the moment with south career accusing the northward by these are latest drills being carried out in the early hours of friday morning here. local time of breaking a 2018 agreement. so by which the north and south did decided agreed that they wouldn't conduct tests go and military drills close to this heavily fortified dmc border that separates the 2 m a. but all of this activity happening in the early hours of friday, the firing of yet another short range, ballistic missile landing in the seas that to separate the korean peninsula of from japan. it's reckoned that north korea so far this year has fired
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a more than 40 ballistic missiles. also north korea's artillery was in action, a firing a drills of firing according to south korea or a 170 shells into the sea, from both the east and west coasts. according to the north koreans, this is in response to thursday's artillery drills being carried out by south korea and also north korea dispatching 10 military aircraft flying quite close to the d. m z close enough to the dmc for south korea to lodge. it's in interceptors including f, $35.00 jets and rob. as you say, we've seen this unprecedented period of missile activity from the north. what's been the response on the south and it has been radley condemned as you except would expect from south career. it has been an early morning call for a military air and intelligence officials in south korea. the national security council met early, but they condemned this actions is also being condemned condemnation from the joint
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chiefs of staff and president you took your, the south korean president. a president has assured south korea saying that a, it is able to defend itself and condemning this action, but they're saying that to south korea has water tight readiness. south korea is also taken the unusual action of imposing sanctions, unilateral sanctions against organizations and individuals in north korea that are connected with north careers or weapons programs. now this is largely a symbolic, it doesn't have a much action, it a practice, but it does show you how relations have set a sour. this is the 1st time they've taken such an action in 5 years. and it comes as kim jong on seems committed to developing, continuing to develop his nuclear arsenal, declaring at the start of this week that they are determined to try to develop a smaller, tactical nuclear weapons, or at a rama bry life as they're from
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a south korean capital, so rob, thank you or company or not just they are including flooding and east in australia, leave some communities stranded i'm. there's more wet weather on the way and a new man in the hot seat, iraq elect the president of the month of deadline. martin, that state i use here's her headlines for the america. we've got some flooding. rain in the forecast have one great to have you along. this includes for the us state of maine where there are flood watches in play. and that plume of moisture really extending break through to the mid atlantic wrapping in some cooler air, toronto just 12 degrees. could see some snow flurries in minneapolis with a high of 8 to the west. we go high pressure in charge, so that's deflecting systems up and around the pacific northwest and british
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columbia is lower mainland. so was the action over the central and north coast, british columbia, and eventually alaska. over the next little bit desert southwest states drive, we look toward the us state of colorado, a warm wind here. so denver $26.00 degrees above average for this year us gulf states. things are dry here, but somewhat weather in the forecast for southern florida, including miami with a $129.00 degrees tropical storm. carl, looking to make landfall southern mexico early hours on saturday. land sides mudslides. 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, the break coil. it's an international electronic crypto currency used across the globe. if the bus passes exist on the
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planet, but few know how it's made its role in the criminal underworld. it's rise to legal tender. it's implications for the global financial system. and the devastating carbon footprint it leaves behind its energy consumption is such a massive step backward. people in power investigates crypto on al jazeera, hulu. ah, we'll get back. okay, to mind about top stories here. this, our inflation threatens to become a runaway train. that's the warning from the head of the international monetary fund. as the global economies hit by one shock after another. crystelina george eva
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says the risk of global recession is 25 percent and the i m f. a shot we criticize the u. k. government, off its financial plans, triggered chaos on the markets. many budget last months sent the british pound, plunging in value emergency measures needed to protect the pension funds. and north korea has thought at least one short range miss on into its eastern waters. sometimes warplanes near the border with south korea. after his military wound pyongyang who maintained what it calls over whelming capability in response. now the plight of nigerians forced to move by floods is becoming increasingly desperate . more than 500 people have been killed around 90 of them in just one boat accident in a number of state. up an address report here in a weary conditions for the displaced are getting desperate with just to was to sunset for the served in this camp, that official se now accommodates hundreds of people. missed food. yeah. it's not, they're not for the for about $3000.00 people would like to see
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a 1000 people and about on this, this one under your budget for, i'm sorry, $3.00 to was. she says they haven't received annual leave supplies from government busiest flights of ravaged at least 27th niger us 36 state. destroyed lives, crops, and hawks in re just like a number. officious yet. tell us at hundreds of thousands of people in several communities are still out of reach. 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. emergency 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. lanky jenny, wondering what the future holds? alabama, my, do my, well,
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i can imagine there's nothing to go back to if my house is left standing, my animals crops, everything is gone. for my teaching up with i number is one of the worst defective states. officials say the danger signs have been there yet. the federal government has failed to act. cameroon wants about this. and so we know that every 2 or 3 years, this happens, 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 on man, enveloped 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 and 3 states and australia, bracing for flooding as heavy rain inundated much of the east coast, millions of people had been affected. sarah clark as more from them,
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towns cut off roads, blocked, and communities are stranded. after days of heavy rain, more whit whether it's on its place with 3 states in eastern estrella, pricing for further flooding. this is a pretty bad flood and the damage is going to cause now to the ride wise and everything else. we just go to have a copy of it. we've already got a big bill for that. now we've got another big bill to do all the repairs. dams are full and overflowing rivers swollen and the ground on much of the east coast has been saturated. so the ryan for the falls has no capacity to be absorbed into the soil. it's running straight into rivers and we starting to see those rivers respond to the heavy ryan for yesterday and over. not nobody expecting its most intense weather event of the year. this week in sydney's recorded it's witnessed on record with torrential rain forecast is a strategy rods. out it's 3rd consecutive lead in your events. there's really
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unfortunate thing about having money back to back is that if you get one year in timeframe and flooding, you fill up your dams. the soil is saturated with water. and then if you have a subsequent year of heavy rainfall, it's much you need a lot less rain to cause a plug. so it's a lot more damaging to have these events back to back. it might be sunny here in queen's on the bureau, meteorology long range, cool cost predicts that much of a strategy will be hit with above average wind pool and coming if light is national, also shows that climate change influencing australia where the and these right events other results the lanier which delivers heavy rainfall is predicted to last into the southern hemisphere is some amount forecast predicts the wet weather one discipline and to february next year. faircloth al jazeera reuben australia, the us house select committee investigating last year, storming of the capitol hill has voted to subpoena, former us president donald trump,
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to testify from past never before been forced to give evidence before congress. not even during his to impeachment trials. how does your customer report those in favor will say, are i the vote was unanimous to subpoena or illegally compelled, former us president donald trump, to testify before congress about his failed attempt to overturn the 2020 election board harbor. and his alleged role in inciting a riot at the u. s. capital, in the name of remaining in power. we are obligated to seek answers directly from the man who set this all in motion. this is a question about accountability to the american people. he must be accountable, he is required to answer for his action, for trump has called the investigation a partisan hoax, and is expected to appeal the subpoena, the beginning of a long legal battle in response to thursdays vote. trump ridiculed the committee,
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calling it a bust, and again falsely alleging massive voter fraud in the 2020 election. the vote, a subpoena, trump was her surprise ending to a string of public hearings. how by a democrat lead committee that has been trying to hold trump accountable for his role in january 6 attack committee members say trump was at the center of a premeditated plan to clean the power, which directly led to violence on capitol hill. lead my area movie members. dramatic new video release thursday showed lawmakers evacuating as riders breached the capitol. ha, ha, ha, ha, ha, ha, ha, ha, ha, ha ha. as the mob called for her demise. how speaker nancy pelosi and other congressional leaders try to coordinate a security response is just as this horrendous and all every instigation of the president of united states while trump was and did nothing according to witnesses.
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why don't you get the president and tell them to leave the capital mister attorney general in your law enforcement responsibility? the violence led to several deaths, nearly a 1000 riders had been charged and doesn't sentenced to prison time. trump has not been charged. the congressional panel must decide whether to make a criminal referral against him, and it's working under a deadline. americans will decide next month, which party controls congress? if republicans take back the house, they'll likely shut down the trump investigation. immediately. the committee stanza john, heidi joe castro al jazeera washington. russian president vladimir putin has proposed setting up a regional gas hub in turkey year. he was at a summit in kazakhstan to discuss, showing up global energy supplies. putin met his turkish count about russia, ty bowden, and disgust corporation on energy and grain exports. mom at vall has more for
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moscow, was the leaders have been talking about this potential solution ever since the explosions that damaged nordstrom $1.00 and $2.00, those major pipelines that had been exporting russian gas to western europe. russia has a strong desire to find alternative meas, to continue its exportation of gas to western europe and other countries. and president vladimir putin in stana made that clear when he proposed a platform to be built in turkey for the distribution of russian gas to. so if there is an interest from to kia and our potential pies in other countries, we would consider the possibility of building another gas pipeline system and creating a gas health inter kia for sales to 3rd countries, primarily of costing you opinions if they're of course interested in this, the work of this hub, which we could create together, would be a platform, not just for supplies, but for determining the price to because this is
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a very important issue. today, the prices are exorbitant, and we could regulate them at a normal market level without political overtones. the company spokesman dmitri pest coffers in as tanner said, that to present l t one and present putting, showed strong desire for an immediate implementation of the idea. and the 2 companies, russian, gus from, and turkish bought us pipelines, corporation. i've already started talking about the way to go forward with this plan. russia has been exporting gas through the black sea air, through its pipeline called turk stream. but that might not be enough for the implementation of his project, and that's why the 2 countries are now thinking about building a 2nd pipeline. the idea for putting, according to what he said, it is to stabilize prices and control them and also avoid this link that he
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mentioned between politics and it, mick relations between the different countries. he said the europe is half politicized. it gas resources and economic expectations from russia, and that should be avoided. there should be alternatives to that type of that behavior. iraq's parliament has finally elected a new president, the appointment of 78 year old kurdish politician abdullatif. rashid ends, months of political deadlock and heightened instability. just before he was elected rockets landed in bagdad green zone. zan was robbie reports on the rocky capital. as iraqi politicians met to choose a new president and prime minister multiple rockets landed in central book dog, several near government buildings including parliament. one striking the roof of a mosque just outside the green. so a session of parliament without some kind of violence, iraq, you say, might seem incomplete. well, what i d o got. we saw the rockets hayes were accustomed to it. it happened is over
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and no people are back to normal life. i've never. 6 such as the never had a, not far from parliament life carried on of yahoo has been selling t on the streets of book for 47 years. for him, the session means blocked roads, and more time to get to work. and missing even one day means not making the rent. i mean the whole situation is exhausting. everything is exhausting because of the government. every new government is exhausting. i don't think new late is will be of any use months of political deadlock, st, but economic decline. the rockies are losing faith in all their political leaders. no, no, a new government will not change anything because all of them are fees. since 2003 have done any good. they did nothing, only divided wealth between themselves. i don't trust them and i never will. in
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both does market concerns are much more practical shopkeepers trying to run businesses. parents trying to buy food supplies, people who have been speaking to say the same thing. the political instability is something that they are tired of because all it is doing is disrupting their daily lives. the business of government in both dod makes bad traffic much worse. hey, there spends 4 hours a day on the road and sees his country going backwards to bring rockies together. he says politicians need to give young people what they want to know more the civil war for them. civil iraqis need safety and jobs, give them jobs. this is what they want you. rockies love happiness. they love football. they love to travel. they mean no one any harm. we don't want to 100 percent perfect life. we just want like 60 percent to live a normal life. i divisions run but it rockies are united
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by a broken economy. political conflict blocking the road to repairing it. zing basra . the old 0 booked us. people intimacy facing disruption to fuel deliveries. streets have been blocked by long queues of petrol stations. the government insist fuel deliveries are adequate. it's blaming the surgeon motorists seeking to fill up their cause for the shortages. bravo palestinian factions, i, my son fata, have signed a deal to and a long running feud the 2 sides meeting and algeria had pledged a form of palestine national council. elections will take place within the next year in the gaza strip and occupied west bank. gaza center for culture and arts is rolling out the red carpet for the 6th annual human rights. short film festival. $43.00 movies will be screened this year under the theme. see us, you know, say it has more now from the festival. this might not be anything like the can film
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festival. red carpet is rolling in because this trade for the human rights film festival in his 0 edition in over the course of 5 days more than 40 movies are casual screening from over 70 countries worldwide participating in the festival. today, our slogan is she'll buena look at us of the 15 years of israeli blockade in bosom. the gaza strip with, with all the la it's 3 majors imposed on the gaza strip. we are killing the world that stop isolating the gaza strip. it stopped the siege and also we sent messages several messages saying that we are people eager for freedom eager for independence. we have at many palestinians who are will, dylan did, who can.

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