tv The Stream Al Jazeera November 10, 2022 10:30pm-11:00pm AST
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past, what will it do? it will restore confidence. so gone as opposition is demanding the sacking of the finest minister. my biggest concern is i do see in a relief inside. i do see in there who ahead of me. i don't have fit. i don't have trust in and i did down by the government has done to the international monetary fund for help and the assist sacking. the finance minister in the middle of negotiations would be a mistake. we expect also to have a, a staff level agreement with them before the end of the year, so that from next year we can start beautifully embracing the fund pro real. gone as economic flight is made worse by a week production base, as existing manufacturers struggle to keep their machines running. how many degrees al jazeera, a cra, good monday, and catch up any time with our website dresser that is out here. don't come.
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ah, i am under the top stories on how to 0. ukraine has warned that russia wants to turn house on into a city of death after the kremlin announced it was withdrawing its forces from there in what. ready could be a major turning point to the invasion. mccalla pontiac, a senior advisor to ukrainian president vladimir zelinski as accuse russia of leaving mines across her son before wednesday retreat order was made. if is the milk she will shell, the city from the other side of the de ne, pro river turner holl, has more from keith, military intelligence, sauces are reported to have said, they believe that russian forces are still in the city some 20000. perhaps they are not clear whether they are intended to defend the city or simply to provide cover. as the withdrawal continues and other reports coming in suggested as that
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withdrawal goes on, the russians are destroying critical infrastructure inside her song, city reports of a t, v. tower being detonated by explosives under an energy heating plant as well. yes, president joe biden will meet chinese leader shooting ping on monday. it will be their 1st in person encounter since biden took office. relations between the world's 2 largest economies have been under intent strain idence as thou discuss tensions over taiwan trade policies and china's relationship with russia. the leaders will meet on the sidelines of the g. 20 summit in bali votes still being counted in the u. s. midterm elections where republicans and democrats are battling for control of congress. but we kinda need just 9 more seats in the house of representatives to gain a majority. but the party is performed below expectations in the senate. they currently have $49.00 seats to the democrats, $48.00. if your opinions displaced by east africa's worth drought in decades have
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told one of the world's most prominent aidan nation. the livelihoods have been devastated. had an international rescue committee in visiting warning that the horn of africa faces both the climate crisis and the hunger crisis. un says millions of people in, in somalia and kenya are on the bring to famine. the headlines to stay with us, the stream is up next, looking at lebanon's political crisis. when you see you straight after that bye for now. ah ah,
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this is what happens when you try and get your money out of the atm, but the bank won't let you or your wedding in a long line with many other people. again, trying to get your money out of the bag visa, daily scenes from lebanon on the brink. hi, i for me. okay. and you're watching the stream today, we're going to ask ease lebanon. is that hoped for some kind of change for lebanon? a country that right now is bankrupt, doesn't have a president and no function in government. there is so much to talk about. you can join us life on youtube. in the comment section right here. now been is years depreciated by 95 percent in the past 3 years, the minimum wage dropped from $450.00 per month to $50.00 per month. now there's a color outbreak with more than a 1000 case, whereas 40 percent of the medical staff have integrated and lebanese banks are still holding deposit. there's no money. and depositors are conducting highest in
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order to get their own money back. just like out of a bell and people and all of them accountable, they're willing to ask who symbols have an economic plan to get out of the situation of the graces. the central bank, the banks diminish shows who are still protecting and covering the regime in the system for the good or the bad lip. at the revenues, people are still resilient, they still hold on to the hold. they have some of the you will feel in a census and necessity to create tube in order to create the future for them, and live on so much going on in lebanon, so much, not going on 11. all right, so how do we have this conversation where we have it with aaliyah we have it was to be and also with her saying thank you. thank you for being on the stream. leah festival. will you tell us who you are? what you do? i am journalist, co founder of an independent base and they do need that as more work on
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investigative journalism. have you on funded on yet? good to be here. i have a welcome back to the string. get to have a reminder audience who you are and what you do. i'm happy but off, i'm an investigative independent journalist and i've been reporting on on for the last 20 years or so. and her saying hello to our audience around the world. hi, my name is sand. i'm a development economist in beta with the think done called the policy initiative and the fellow of the institute for middle east policy. i'm happy to be here to have a i think i'm going to take after us for the last few months, starting in april. but i know that you have been reporting and telling stories about lebanon for many years. so i'm going to stop the april, then you can tell me what i missed out. no, everything but some key points as to how we got here. so in april, in 11 on the i,
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m f agreed to a $3000000000.00 loan, but with conditions that in may election results per hope for change. when i went back during a show about, this is exciting possibilities for lebanon in july, amid the financial crisis. the un warned lebanon that the, at a crossroads between rebound or collapse, and then bringing us right up to date, lebanon right now, has no president or a fully functioning government. did i leave out any think trudy critical for us to have this conversation today? happy? well i think that people should understand that love on is not a very peaceful, stable country. and you know, last year we had gun battles in the street on last october. so i think it's important to remember that there is an actual conflict happening the country, and it's at war with itself. and it's a proxy battlefield. you know, we have the biggest party block in parliament that's backed by the saudis. we have,
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you know, united states as, as basically funding the lebanese military completely right now. and france is always playing a role in lebanon. iran is playing a major role on funding butler. so the tune of several, hundreds of millions of dollars over the years. so it is, you know, we can focus on the internal politics of love and we can't forget about the fact that this is these proxies, these parties, militias, for a decade been funded by outside powers that continue to so a divisive environment that is beneficial to these countries interest, i think, okay, are you thinking i'm, i agree. i think there's a lot of reservation into that nice, you know, political just by, you know, national pressures, et cetera. but i think i would like to also highlight, you know, at the end of the day, the, the closest in the shocks that the economy is going through. as really the result,
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the cup elliptical crisis on an institutional crisis that has not been address for the past reduction, least. so we talking about and corruption, clustering public institutions. we're talking about distortions and the economy spearheaded by the political class. but eventing, any nice, nice guy at about 30 or space for you know, economy a growth or investment and body of the bottom. except there's so in a sense, the political loss of the same political laws and the same political structure. but just talking about as an throughout society in a vicious cycle where they are always in need of support by now, support from international community and otherwise propped up by the international community. i'm just having a look here at a headline, which is just from a few hours ago earlier lebanon's parliament failed to elect president in 5th tauriel session. how long is it going to take to get a president?
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it would. that would be a good start with it. actually if you don't, and i was lucky with that is that it can crisis. the thing is political trifles are not new in levy, not you. you're asking me about president the last time we elected president, we had 20 years of president. she's back to me before president found was elected. if you look at this is not to undermine how important it is, but this is to say that kip is connecticut, but at dixon, lebanon is not new. it's in 2005. we've had one 3rd of the time we didn't, that's how we went. we would functioning on the kids over there. right now we had the kids, they could government and we have no president for basically the government institution like they're doing the judicial is not very functional. that a big question mark, they're the big institutions in the country. i mean, we, we can, it's not just a presidential vacuum is pretty if they think that every big what,
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why do you and i'm, as i'm listening to my, couldn't what, what someone who has of it. and the very complicated that they can use in lebanon for the last 20 years. what's giving you is, is what this economic crisis is going to mean for future generations. and that's not what you're seeing now. even the f. b 1000000000, other than not, that we cannot converse, the damage that has happened over the last years 2019. and that is, that is happening every day. i look at it, of course, that is the w at the depression of the people who have to sell fix to get basic and tricity garbage collection. these things you can, i'm going to court. i don't hold for a moment because we often when we talk about lebanon, we get stuck into the politics. and because we talk about politicians and in the vacuum and talk about more politicians. but i want to talk about people who don't
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have electricity right now. tell us the reality of it is like how many hours a day, what to people spend that time doing because i think this is, this is the bit where we would say as an international community. why is this being allowed to go on? tell us about real life. this is expired like the way and then you do we, i see this does give you the heart of the problem because it's normalized. even bell has become normalized in lebanon. we have 0 hours of electricity. everybody is depending on private genet. acres, people who cannot afford private genetic theirs don't pass. it said something. is that what, what, what it ends up? meaning, i give you an example over the last couple i'm needing on your skinny and why i'd message is serious for the sins and, and even the new citizens losing lebanon to become refugees in europe. i give you a very simple example lifted over the last summer, we had 2 boats browning in, in lebanese waters of people who are trying to escape. this is what happens when
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you don't have the basics dispute. and i was told that they were told before boarding on those boats that they have an 80 percent possibility of drowning. so people are taking that 20 percent possibility of surviving and making it to you to death. and they are taking kids with all those books. that's because the supervisors dates for them, so i don't get the good use of it is 0, right? so the wrong a life should been stay at home or i don't face something that has broken fruit into international headlines. a people going to the bank and getting their own money out in a very dramatic way because they can't get them money. any of the way. i want to show you what a one journalist witnessed at a bank and then have people you bounce off the back of it because i'm wondering how much more can lebanese people take that resilient. but how much more a
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as that was hindi, outside and, and, and she says a desperate measures i what is after desperate measures a b there have been over a dozen bank heist. we're not calling them robberies, but people are actually demanding their own money in the past, but are not getting the money. the more trying to live without money. it's really hard to do that. people are given a very small amount of their money and the banks have been frozen,
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and the banks are not held accountable and loving on, frankly, the banks and loving refusing to give people their money. they're appealing to accept responsibility for the crisis. and, you know, even world powers are not really weighing in here. you know, the bankers of lebanon have been for, for decades, seen as great heroes, and many financial industry publications. the central bank governor 11 on one best banker of the year for years. the world bank and the international monetary fund have been deeply involved and loving all these years. so it's a bit surprising now to kind of say that well, to wash your hands to say this just happened suddenly, the country is corrupt when the big international community and international organizations have really been perfect, protecting this banking class in the country. and there's been no sanction issued against them. the united states has issued sanctions against the lemony lebanese politician over corruption, but they have refused to issue any sanctions over the head of stuff on central bank
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. we've been very close to the west. so once again, we can talk about morality and corruption, but it depends on, you know, who side who is, and who's eyes. right? i mean, so, so that's kind of the fundamental conflict and love on is how can get, i mean, it's very worrying for everybody. people can't get their money. i'm worried about my mom, for example, going to the bank to get her paycheck. if she, if she's going to be part of a hold up and so far, no one has been hurt. but there are guns being used. there are threats to burn buildings down there, explosive devices. it is not just fun pulp fiction. a lot of media seem to you know, relish the idea of a sensational story about hold him back. it's not a fun. and it's incredible story. yeah. yeah. thank yeah. the i want to jump and i 100 percent agree, but i also want to say about the banking sector and love on alongside they have made a conscious effort. you don't know that the form to not conducting any refund. they
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have been given a list of a laundry list of reforms by the international monetary fund, one of which is a banking or lifting backing secrecy, which kind of protects the backing from, you know, siphoning funds and box of asian. and there is also capital control low, which one kind of stop the drainage of public funds. so they had already form is there are ways all the prices that have been, you know, so just wanted to talk back and they have made a conscious effort to pursue those are, it has been, can i show you something and then have baby and then aaliyah let me show you something here on my left, on my laptop. this is the army training for a future bank. hi. what this is, the reaction sniper is inside the bank approaching the bank army. these are people trying to get their money,
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their own money out of the bank. all right, so that's one. that's one reaction. be be going to go ahead and what we can add. i mean, you know, the talk about reforms that they have to take it more seriously. and that's what kind of reforms that and a lot of these, the international blending programs involve austerity measures. and a country that's on it's me, if you will, can afford water, can afford electricity, can they be subject to more sturdy and cost cutting measures. so that would, that help the country a lot love any, say the i am not help a lot of countries before and the world bank has a very checkered history there when it comes development. so, you know, how can we really expect that, you know, reforms are going to save lives if they're going to actually, you know, cut budget, what we need to love is a bigger budget. we need to have a big budget to create jobs to create an economy. that's how countries work. so lebanon's fundamental problems and the day whether we're talking about politics for ours or not, is that the country makes no money. the country cannot generate any revenue or the country makes no products. the country has no manufacturing industry. the countries
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industry and level is war all of our life for a 100 years. and we've been war every decade. so no investor wants to invest in this country. so what people can do to help loving on if international community wants to help living on sort of, you know, picking and choosing which side students interested in. keeping the battle going. they could try to invest money in the country, right? great projects help people and not just a projects, right, that are just handouts, but actually to create economic growth in the country. that's what it needs. any country, the world cannot function of the economy level has 0 economy. do i do? i agree. i just went out and you put up and i think that something completely asking the same politically published. no. that is, that it didn't for the crisis, which by the way is a crisis that loves needed a corruption to be involved in the form that's for this political clock. in the best case scenario, it will limit all of the can be how much they can control the assets of the government and the resources of the government and,
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and they use it for client integer which we don't happening. most importantly, if that is that i'd actually called many of these people in the butt at the can establishment could end up in prison. so i didn't see how it was like an establishment that has been empowered for 30 years. that is responsible in every way for the situation would be in for good to be in charge of actually before. and this is a decision by the, by the international community. let's assume that happens. we were talking earlier about the balance, the youngest of where you stand in, what kind of political economy you want to know. what happens at the bank is not an issue of left or right there was, there was the money people wasn't what were stolen by the people don't get and that isn't even an efficient got. but that control. now you're asking us about the bank and get in. this is in nation, then. sure,
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you will not have this conversation on the news media. 84 chilled s, for example, during the crisis. and in the few months, in years since $2161700000000.00 would invested by the banks and by the central bank. locating just to make sure that studies make that a good a discussed on the media this, this, can you what's happening a bit of the public opinion. there's so much information about people's rights that they are not even aware now or the other thing is in parliament for example, the forms that were suggested by ins. let's. let's again assume that these are the combs are going to take place the strongest bid fenders of the banks inside and very open inside inside parliament. but bottom indians from different groups like causing each other or defending the banks. all right, so let us and, and then i had a question for you from our audience. they want to talk to you,
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they want to tap into your expertise. so robbie says solutions, question mark, question my question, question mark. joseph says, i would like to hear a solution has same, and then have b aliya, because you are inside of lebanon. you see what is happening for particular perspectives. what do you want to add for our audience or saying, well, what do you do now? the saying you start for sure. i think i just want to kind of like build, build on what i was mentioning earlier, the forms of course, there's a track record, a history of trails you know, deal across the world. however, there are some of the recent, some basic reforms that any government and the solution of lebanon should be conducting. so it's such as a cup of the control, which is one illusion. and there is also the restructuring, while the vacuum sector to ensure that the majority of society does not continue to be the bronx of the crisis of the financial losses and the,
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and the banking structure. but even at the, of the, at the end, the, at the beginning of the episode i was, i didn't mention the connection of the heart is a political and then fusion in one. so even if we do conduct the economy recovery or the finance or the public land, if we don't reform the political, political structure and the facts of and stating goods governance mechanisms, i'm sorry, we have an onsite corruption permission that does that cause employees, but it's not yet activated and this is a conscious confusion. this commission could monitor, you know, public finances we don't have and that we don't, we don't have an independent judiciary to kind of look at the cases of, you know, money laundering. so we, the reforms are there, and the, you know, we have also the endowments, we have infrastructure, that's what we have learned. we have the human capital. i structure, that's obviously husband, ripple. but we have the basic, you know, requirement to an opt, you know, clearly economist political non as
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a way forward saying no shortage of ideas for what might be the way forward. i want to re spring up the former president of the 11 and because he spoke at the end of october when he's down and he was pointing the finger at other people and a lack of progress. but he was president during that time. so i was like, hold on a bit, who's to blame here? so i just want to bring him up because he's setting out. this is what we need to do as a country. happy bounce off the back of it because i don't know if you have a way forward if you see a way forward. but i'd really like to hear it festival. here, the former you all know the conditions of the country and how its coffers were robbed. its central bank was robbed and how your pockets were rob. so that in order for the country to live,
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he will need reforms and should punish the influential people who paralyzed the judiciary and stop the criminal investigation regarding the port. so if you want to know my reaction, i mean, i think the lebanese, i think people should know that in lebanon, there really isn't one president, the president is one role in the country and loving on almost every mountain has a president. and we have many mountains. so the problem in that country is that it's a decentralized fragment, the country, you know, i want to say you want something, somebody else want something. so they all blame each other essentially. and it's not entirely wrong for them to blame each other because not there is no central command in the country. there's no central government there. all these militias, all these all futile chiefs and again, all this foreign american, iranian money in the country, saudi money that is, that is doing that. so we can't just kind of isolate things that they all of this
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guy or that guy. you can go on and on for a year. i mean, they are all militia leaders, their whole war criminal country. and so we can pick and choose who we want. but they, we have to come to the realization that international consensus must happen. it is not just a lebanese people in a room, it is also the big countries that but last time we didn't have a president for 2 years. ok, we had like a 40 attempts to go like the president. none of them felt. so we're pretty early in the day right now. and what happened the end was we have to have a kind of international pressure coming in. the last 2 president actually were elected through a kind of pressure and compromise between enemies and world power. so again, it's not just the balls, not just a lot on a court, unfortunately. and then we have to look wider and, and, and see that we're in the context of the, of this region, which is a deep war and a cold war right now. there are a lot of interest. so i want to ask you the question that that's actually just behind me right here. lebanon is change possible. that's the starting point for
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this conversation. can you help us ended? well, at changes, of course, possibly we would have to very transition in stage and unfortunately, and i don't what we'll follow up in lebanon will depend on what happens in the region and not only in the region at this stage, everywhere else in the work but, but the buttons 9, i think a big problem is media i've seen you mentioned in the introduction we're seeing small change happening today regardless of what we think of the city empties independent and peace and kind of goodness of what we think of the performance we are seeing in a good bit of change in the lives of the parliament, it's not big enough to show us actually actually what we would like to see what do need to see as an emergency plan to get the country out of this huge crisis that it's and now the big question is today, yes, it's do that. we have
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a lot of kings or presidents, but the game like that, the power break it is has been a lot because as i now aren't party, it is compromising. yes. you have the launch pricing in the show other than book hercus. i'm going to say thank you and then i go very quickly change as possible. it's a very betty. i think it's a very long road. what gives me hope is young people in this country and what las like being done to be thanking her, saying thank you, passing over to the younger generation is in your court now. thank you so much for watching the stream. i will see you next time. take everybody ah ah,
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and with these turbulent times up front returns for a new season, join me, mark them on hill as we take on the big issues. they are literally being turned back. how is this not a contravention of international law? this is exactly the place for us to interrogate people about the issue that matter from the state of democracy around the world to the struggles faced by the under
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represented. those voices have to be brought to the table. they have the matter. we have to start to talk about the see here. we will challenge the conventional wisdom up front on al jazeera and diverse range of stories from across the globe. from the perspective of and networks, journalists on al jazeera. there's a story been spawn fantasy were being sold. the notion that we can offset for the cause we generate does carbon offsetting actually work? what is being done isn't worth sitting in the program, is net 0 just to catch raise net 0 missions and that's there. i need you to a climate child poly re examines the myths on delusions in the struggle against climate breakdown. all hailed the planet episode won on al jazeera ah.
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