chill natural resources into a commodity traded to a profit, just because it's life. i mean, it cannot be priced. what about the guy that can't afford it? guys tell me. it's water. al jazeera examines the social, financial and environmental impact of war to privatization notes of water on al jazeera ah al jazeera with national chapel. ah un visit that gives hope to refugees in the eastern democratic republic of conduct . despite more than 50 deaths in the recent attacks, ah,

okay, we don't, this is all 0. i live from 0 up also coming up. ah, angry demonstrates his return to the streets of athens demanding action from the government following greece, his worst rail disaster. us officials say they will protect depositors as a race to minimize the damage from the collapse of silicon valley bank and the comeback kid really 40 years after being a child star in indiana jones. he kwan wins best supporting actor at the oscars. ah. a high level delegation from the un security council says negotiations are the only way to end violence in the eastern democratic republic of congo. a team just wrapped up a 3 day visit to see the region becomes as gunmen killed more than 50 people in

attacks in norfolk kiva province, in recent days, i was on to buys report. ah, hopes and prayers are running high in boucher garrick hill. these are just some of the half a 1000000 people who fled fighting in eastern democratic republic of congo. their surviving the best they can. but they're hoping this un security council delegation can bring an end to the violence and they'll be able to go home. the summer do so, and we are all listening, hoping that clear instructions claim messages will be sent to rwanda and to the m $23.00. so that one on march 31st at the latest out here at 3 can be liberated and that these thousands of disaster stricken people can begin to return to their places of origin progressively. this is our great hug. progress in the u. n. team has spent 3 days assessing the security situation. m 23 rebels have been

taking villages and towns and getting closer to the provincial capital goma. there are q of massacring dozens of civilians. they carry rwandan army equipment and are widely understood to be backed by rwanda to galley denies the allegations. but on sunday, the french ambassador to the un said there was no denying the connection that the molten on here it is clear that we want a supports the m $23.00. it is also clearly established that there are incursions by the regular rwandan army in north kiva, and that this too is unacceptable. so this is one of the subjects that must be discussed and must start. east african regional leaders have given the rebels until the end of march to withdraw from their positions a ceasefire between m 23 and the congo. the government was supposed to take effect last week, but collapsed within hours. all the way out of the crisis in this case can only be

political. it can only be through negotiation, but in an emergency, security must be improved. action must be taken to wish and must be used when necessary, particularly against the group against the m. 23 and against others. m 23 is just one of dozens of rebel group operating in the region. more than 50 people have been killed in 3 separate attacks in recent days. local officials say the gunmen were with the allied democratic forces, an armed group with origins in uganda, that's pledged allegiance to isolate. each attack sends more people from their homes carrying what they can into overcrowded camps. and each time the pressure mounts on the un to put an end to the violence. and while this visit may have raised the hopes of some achieving peace in eastern d, r. c continues to be a monumental task. alexandra buyers, al jazeera, he was present,

joe biden says he will address the problems in the u. s. banking sexual monday. that says, the federal government announced actions to show up deposits of them any broader financial port out from the southern collapse of silicon valley bank. the u. s. federal reserve and treasury say the banks customers will have access to their deposits over in georgia has moved from washington d. c. the u. s. government took control of a bank that did a lot of business with crypto currency firms on sunday. this comes after the failure of silicon valley bank and california on friday. the u. s. president joe biden released a statement late on sunday, saying that he had ordered the federal government to make certain that the customers of both signature bank in new york state and silicon valley bank in california would get all of their money. this is a big deal because normally when you have an account with us bank,

the in assurance only covers the 1st $250000.00. however, the emergency program now being launched by the treasury department and other federal economic agencies will cover all of the customer's deposits in those 2 banks. that way, the people who use those banks to run businesses, for example, can pay their bills and make payroll. now, there is a lot of controversy already over this emergency program, even though the federal government says that this will not be a cost to taxpayers. some economist saying, ultimately, this crap, this cost will be passed on to taxpayers and to banking customers. they are others who were saying that it is important for the u. s. government to prevent a run on other banks. if customers have more money than $250000.00 deposited in

those institutions, they say it is critical to keep the u. s. economy on a steady footing. the u. s. president does note that there is growing concern about the situation with the banking sector and he told reporters on sunday evening that he's going to talk to the nation about it on monday. well that's bringing robert scott now he's a senior economist and financial analyst. he joins us from washington, dc. welcome to the program. so firstly, why did this bank suffer so badly and so quickly? well, this is really a product of the failures of the u. s. federal reserve bank, they have praise interest rates 8 times over the last year. total of over 4 percentage points. what they did was to lower the value of the treasury securities . ready that this bank held as reserves in the back against the deposit of the bothers and as a result. ready deposits heard they've lost. ready busy less than $2000000000.00

and so they all very quickly attempted to withdraw their money. so very typical situation where deposit or creator run on the back and that's why the bank state ok . so signature line has also closed in new york. how big is the risk of contagion in terms of a confidence and other banks? i think that there is so much of problem with confidence in banks as i raise confidence in the financial system. these rate interest rate increases are unprecedented. over the last 40 years, the last time there was this much tightness in the financial system was in the early 19 eighties, a during the terrible double recession caused by a federal reserve chairman. busy paul volcker. so this is being very, very unusually tight monetary policy. it's almost

in narry in the coal mine or in this case that's a rooster screaming pro, trouble. there's something wrong and the banking system is responding. okay, well the statement from the us treasury federal reserve, a said quote, deposit is, will have access to all of them. money from monday does not come things or or panic, people more. no, i think that is absolutely the correct step to pay in this situation. the has an obligation treasury and they have d, i see actually in this case when the ones are maybe announced that they have an obligation to protect deposit owners and the banking system. but the banks, a larger question, is the fed going to get the message and slowed down this program of tightening of the interest rates in the economy as this continues? and is there any particular sector of society who may suffer the most because of this? well, the concern is that the state is going to pick the economy into a recession that will cause billions of job losses and that will get the poorest.

and the hardest, black and brown workers who will lose their jobs. first, the wealthy and powerful who owned the corporations that are benefiting from these kinds of bailouts will not be hurt. they'll keep their jobs up, keep burning. profits is low. income workers who will suffer is resolve these type policies from scott. we appreciate your time. thank you. very much for joining us here on out of there. thank you. now, thousands of protests have been rallying in greece as anger grows over the country's deadliest rail disaster. 57 people were killed last month when 2 trains collided. head on demonstrators are demanding a thorough investigation for something to be done about greece is neglected round network. on strapless reports from athens, greece is 3rd major day of protests in the 2 weeks since the accident. people here

reject the argument that the station master who put the train on the wrong track was the sole culprit. they won't politicians to admit their responsibility as well . then they say it's not an accident. it's a crime. i feel for the families that lost their children. i think the authorities are trying to trick us. the problem is the lack of measures taken by governments and the money that we're set aside for safety. some people and basil their level system is more than a human error can be corrected. safety systems exist to do that. but all government seem to have stripped the railway network. we students believe transport to run on a cost benefit analysis on the government except that there are responsibilities beyond the station must be found. not that that. i've talked about the, the coaching. it is very likely that was human error and throbbing, but this doesn't detract from the fact if we had a nation wide system of automated remote viewing after it's certain that this accident would never have happened. the government vows to have automated safety systems in place by the end of the summer and point out that previous

administrations also failed to install safety features. but it is this government that is paying the political price. the protest march came to the hellenic railways organization officers and petered out. but the political problem remains new opinion polls out on sunday show that the government has shed between 3 and 4 and a half percentage points from its approval ratings. so it is unlikely to be able to form a single party government after elections between now and july, about 86 percent of sundance have said that the railway accident is the number one problem facing greece today. the ruling new democracy. conservatives are trying to limit the political fallout. they'll pay families of those killed a lifetime pension of $1600.00 a month and settle their outstanding taxes and private debts. but people here say exchanging human life for money is precisely what led to the disaster. when greek rail was privatized, 6 years ago and stuffing was cut,

jobs are awful. us al jazeera athens chinese president. she jane peng has been addressing the following day. the national people's congress leader was elected as president for a 3rd time last week. he'd already been appointed for another 5 years as the head of a communist party and the military national. he was, congress is also foster sweeping plan to reorganize the country's institutions. katrina joins us now from beijing. so katrina, what's been said so far? well, as you mentioned, president she didn't pay, gave his speech at the closing ceremony of the national people's congress here in beijing, the biggest annual political gathering in china. and he spoke for about 15 minutes and that speech was really all about strength and rejuvenation that china he said that going forward, waging needs to focus on, strengthen me. it's innovation, especially science and technology. and he said that was important to the strength

of china to nurture new talents in this field as well as develop economically. now this is really significant because it's the 3rd time that we're hearing from president she didn't paying after being elected as president of calls in 2018, the communist party, a boldest turn them is to allow him to rule potentially for life. so he's entering now, he's unprecedented the term during his speech as president, the focus really was on the chinese dream, developing the economy for the people, growth for china. the 2nd time he gave us, which he was focusing on the importance of the chinese people. so these both speeches were very domestic in time, but what's different now about this? the speech is really the focus on the international environment and the difficulties and challenges that china face is going forward. and this is very much in response to the increasingly tens ties that china has with the united states. and the fact that the united states is in the name of

a rivalry and increasing competition of putting now sanctions, which are targeting chinese firms, really affecting china's impact china's ability to access the global market. and to the extent that on monday we heard from president, she didn't think she didn't give in a closed door speech. you said that western countries led by the united states encircling the pressing china. and this is having an, a severe and unprecedented impact on china's development going forward. so very much the toner, the speech carrying on from that china is increasingly going to improve its self reliance, especially when it comes to these industries and also its economy. so that it will be not so much affected by those increasingly hostile or tense relations with the west in the united states. because you live in beijing forest, thank you. from the us has denied it, has reached an agreement with iran or prisoners swap. it says it wants to secure the release of 3 americans,

but says reports with deal of false earlier runs. foreign minister said an agreement with the white house was imminent mall at regarding the exchange of current prisoners between iran and the us. we've reached an agreement within the past few days. if everything goes well on the american side, i think we're witness a prisoner exchange in the near future. we see this as an entirely humanitarian case that a house has more than this now from her own. if this was was to involve business only, it could have been easier, but this one would involve beside the prisoners. there are 3 american iranian prisoners here in prison. and there are also iranians in the united states, but there is also a close. the radians won $7000000000.00 of their money in south korea and japan released and also some other amounts in iraq. so this is right now the, the core problem. this is where the united states isn't kind of able to go ahead

with this with this issue and it's kind of complicating the whole deal. and now the minister announced that is deal that americans now are denying completely that there is a b. so head on al jazeera, the battles of mood, rage is on an eastern crane. the ports of hundreds of troops killed in the strategic locations. thus we meet palestinians, and occupied must band struggling to survive. the cost of living continues to song . ah hello, we've got yet more snow in the forecast for japan, we got cement heavier burst making the way across more than the western parts of the country. but i'm pleased to say it will be short lived. his next area of low pressure disturbances co from makes its way through. it will feed some wet weather

and that when she weather in across japan, as we go on 3 monday, but brightest guys already started to come back in behind. yeah. sadie 7 degrees celsius. they're in so and a 14 for beijing or monday, but as we go on into tuesday, temperatures picking up quite nicely. i will be fine and try across japan about state with some pleasant spring sunshine for all sunshine to into central parts of china. and down towards the south as well, maybe one or 2 showers there into shanghai. we got some showers terrance vietnam over the next day or so we'll see some wet weather coming through here. still some very heavy showers, affecting borneo, but not as wet as it has been recently. that wet weather just sliding a little further east, which as we go one through tuesday, see some brightest guys coming back behind. welcome sunshine, largely dry to across the malay peninsula. so quality and sing a poor, sing plenty of sunshine, plenty of sunshine to into india over the next day or so some one or 2 showers. they were towards the plains as we go through the next day or so. and still hot in

pakistan. ah, for the law will the law win with neither? i'm willing to negotiate. is the ukraine war becoming a forever war? is america's global leadership increasingly fragile? what will us politics look like as we had to the presidential election of 2024. the quizzical look us politics, the bottom line. i have been covering all of latin america for most of my career, but mil country is alike and it's my job to shed light on how and why lou ah,

you're watching out as a reminder about top stories, this, our high level delegation from the un security council has wrapped up a 3 day visit to eastern democratic republic of congo to assess the security situation. that delegation has stressed to political solution is needed to end the conflict m. 23 rebels. us present. joe biden says he will address issues in the banking sector on monday as, as the federal government house actions to short deposits at the silicon valley bank, reassuring customers they will have access to their money chinese present. she jane paying has been addressing the final day from national people's congress. believe it was elected as president for 3rd term last week. national was congress has all said passed a sweeping plan to re organize the country's institutions. now indiana johnson goonies starkey. he one that has won the best supporting actor catch with the academy awards in los angeles. khan who bowed out of acting 30 years ago,

clench the award to his role in everything everywhere, all at once. all hearty, joe castro, his life reset the ceremony in los angeles. so hardy, tell us about the winner so far. hey carrie, that was a very memorable and emotional acceptance speech that we heard from week one, in which he recollected not only the last few decades of his struggle in the industry, he had dropped out of acting after his early success as a child after because he said of the lack of roles for asian american men. now he's made that come back and he remembered from the stage also his childhood coming to the united states as a refugee from vietnam on a boat. and now living to see this moment, there were many wet, there were many, not many dry eyes in the crowd there. and we also saw his host star jamie lee curtis, when for best supporting actress, of course,

also from everything everywhere at one the favorite movie of the night. she gave emotional speech as well, thanking her late parents who were both actors who were oscar nominated. they did not win, but now their daughter has taken home that auster and other developments that all quite on the western front, which is a german film about world war 2. well, it just won for best intimate congress, be it to was nominated for best picture buying with everything everywhere, all at once. and now i think that the story and the nail biter for the night, of course will be that the category of who takes the best picture and it's going to be likely between those 2. okay, how did you come to the oscars there for us? thank you. be israeli army says 3 palestinians have been killed also they open fire soldiers and occupied westbank. another palestinian man is said to have been taken into custody. the palestinian health ministry confirmed

that that's the city of not this at least 80 palestinians and 14 israelis have been killed in violence since the beginning of the year. but violence has made it one of the most violent years for palestinians on the israeli occupation. more than a decade and the occupy the westbank are attention is high. the rising cost of living is making life even harder. so higher reports for my mother. oh no. oh my darling mother of for living in the occupied west bank. she's buying food for her family from ramallah as main food market. fruits and vegetables are slightly cheaper here by many palestinian households. the monthly budget doesn't go that far . according to the, for the situation in the country now is that there is a bigger divide in social, economic classes and those working in israel, a just managing the rest of the palestinians working in the occupied we spank, especially government employees. they are the ones really struggling. may god be

with the him. 26 year old and unemployed. so would, will he live, meets a friend trying to help him get a job in west jerusalem salaries at a higher that israel was strict palestinians from entering the city. meaning there are no guarantees and cost of transport to get that is expensive. but outcomes this in the 4 to 5 years being a land broker was more dignified than now. prices are more expensive and there's no money for the home or family. there's nothing, no jobs the economy is struggling and according to the palestinian century bureau of statistics, the only grew by 3.6 percent last year. that's half of 2020 ones growth. now just to give you an idea on the high could price a tray of x last month, cost $3.00. now they cost almost $6.00. i'm being able to serve me on the dining table is considered a luxury these days. the palestinian authority says is taking measures to reduce

the cost of the base the commodities. i'm going to say if this continues with costs rising, palestinian families are going to struggle to make and me. we might even see more protests palestinian authority has told al jazeera plans to spend $50000000.00 to propose the fuel and flour sexes and fixed prices for some basic goods. they are constrained by the money that is what i am since of them. they're constrained by less funding from the donor community, but at the same time, they're expected to manage their economy by an increase funding saw they have their constraints. the pandemic war and ukraine in years of economic challenges under israeli occupation have hurts palestinian. israel's withholding of vital tax funds from the palestinian authority means government salaries are received on time. the funds account for more than 60 percent of its annual revenue. that would was to

show us how successful his online business was before being unemployed. i tell him it looks like he has plenty of online follow as he agrees while showing us his facebook page where he sold her maid meals and arabic. coffee. though it may have lost his business because he could no longer afford the ingredients he needed . but he says he hasn't lost hope of finding a new job. so to hide it, al jazeera ramallah in the occupied westbank for hugh crane. and russia say they've killed hundreds of enemy troops since saturday in the fight for control of bach moot in eastern ukraine. he says defending the cities important to buy time for planned counter offensive construction forces aided by the wagner, private military group, say a winning boot could pave the way for further advances or cradle my incentives. zillow didn't teasing in less than a week, starting from march 6th. we managed to kill more than $1100.00 enemy soldiers in the buckboard sector, a lord which is russia's irreversible loss. the loss of right there near buck mort

scott. furthermore, at least 1500 more enemies sanitary losses. those who can no longer continue fighting, plus dozens of units of enemy equipment were destroyed, and more than 10 russian ammunition depos would burned down. meanwhile, the founder of the wagner private military group health and russian forces says ukraine is putting up a strong defense. nobody knows the situation in brownwood is tough, very tough in the enemies fighting for every meter in the closer we are to the center of the city, the heart of the fighting. the more the actually is shelling at us, the more text appear, the ukrainians throw an endless reserves. but we are advancing and we will keep advancing. john peter, after william, north korea says it has testified to strategic cruise missiles miss submarine, calling to state media. well, it's the latest round of tests and has happened just as the united states in south korea are due to hold a planned large scale joint military exercise. on monday,

south korea's joint estates of staff said south korean and u. s. intelligence agencies. but unlike the specifics of them is so far tropical cyclone freddy has unleashed strong winds heavy rain and floods in mozambique for the 2nd time. these 28 people have been killed in tens of thousands of homes are damaged. freddie is the southern hemisphere longest lasting tropical cyclone on record. it started $35.00 days ago in the western pacific and has travelled or an 8000 kilometers, gathering strength of the indian ocean. it may land fallen, not a gas goes of tropical cycling, or from there it moved on to batter mozambique for several days. he regained strength over indignation and hit mozambique again as it bears down on the southern tip of neighboring norway. because seen more the year's worth of rain in the past 4 weeks, un says more than half a 1000000 people could face it on a terran crisis,

one of the world's poorest nations. many people have been urged to move into temporary shelters. a preliminary report spy, south africa's anti corruption watchdog, has cleared the president of wrong doing the corruption scandal known as farm gate c o. m. a poser was accused of covering up the theft of an estimated $4000000.00 from his private game farm and 2020. a criminal complaint was filed against him for alleged money laundering. lease investigation is ongoing. the b, b. c. as faced the 2nd day of last minute sport programming change as a staff refused to work presenter say they're showing solidarity with gary lenika who was suspended from hosting match of the day for his tweets about u. k. a solemn seek a policy or critics of accuser, bbc of giving in to political pressure or is she but the center of the lena corral is the u. k. governments asylum policy is 6 to impose a lifetime ban on asylum seekers who arrive on british shores in small boats.

parliament will debate and vote on the bill for the 1st time later on monday. no amendments can be made the text, but at the end of the debate, a vote will be held on whether the bill proceeds to the next stage of the legislative process. nicaragua is the president, daniel ortega has ordered the closure of the vatican embassy managua, and the nicaraguan embassy to the vatican in rome. announcement follows comments by pope francis and an interview where he compare the nicaraguan government to a dictatorship relationship between the catholic church in the corolla. and the government has been severely strained since a crackdown on anti government protest in 2018 or a church acted as a mediator between the size. ah, this is out here and these are the top stories, a, hey, higher level delegation, i should say.