hold hands with them that offer pats on the back and play games with children. sometimes just offering a blanket or a cup of coffee is comfort enough. in that moment, the psychologist say in the upper level of the earthquakes aftermath, children are particularly vulnerable. the president of the turkish red crescent says it's ability to provide mental health services to survivors is co, humble, considering the enormous need required in the coming weeks, months and years. ah, us regulators rushed to prevent further damage in the wake of silicon valley banks collapse. ah,

i gotta make room for them. this is al jazeera life, and doha also coming up the great pool of steel. seizure in pink promise is to modernize china as military as tension mounts with the united states. north korea launches cruise missiles, hours before south korea. the us begin the biggest military drill in years of everything everywhere, all at once. makes oscars. history with 7 academy awards. ah, the u. k is finance minister says the british arm of the failed american bank. s v b has been bought by hsbc holdings. it's the latest ripple effect from the crisis that began with the bank where bossed on friday. meanwhile, u. s. president joe biden is sent to address the impacts on the banking sector in a speech later on monday. the federal government is announced, emergency action to sure off deposits and cushioned the financial fall out of the

biggest bank failure in the country. since 2009 u. s. officials said that they would also be supporting depositors of signature bank, which was closed by new york regulators on sunday. will s v be mostly provided financial services to fledgling companies in the tech sector? the bank claim to support nearly half of all venture back start ups in 2022. but after, as phoebe's collapse, many of us startups are now in trouble. unable to access the funds and facing difficulty, paying salaries and meeting operating costs. as v. b is also involved in other sectors. it loaned around $4000000000.00 to the wine industry, and now thousands of wineries locked out of their accounts. meanwhile, in the u. k, and e, you, there are fears. the ripple effects of the s phoebe's collapse might spread u. k. chancellor jeremy hunt is warning of a serious risk to domestic tech phones. andrew calia is the managing director of

orient capital research. he joins us now live from hong kong. andrew, before we talk about the possible implications for asian banks, perhaps you could just remind us once again of why s v be failed, was it a bad bank, or just a victim of circumstances beyond its control? they were not cautious enough in terms of their risk assessment. they basically focused a lot of their business at a single sector, which is pretty risky, the high tech sector. and they also put a lot of the money, the deposits they received from people into bonds. and when the interest rates went up, far more than people had expected. and the value of those bonds went down. so any force a lot of their customers not only to borrow from them, but also to put their money in their bank. so they're basically put all their eggs in one basket. and when that basket exploded, collapse, then they were stuck with bad, bad bank. what then are the possible knock on effects asian banks?

well, it's actually relatively limited, unlike the actual point of asian financial crisis back in the ninety's when they were borrowing out, asian corporates, were borrowing heavily from the west. most text firms in the, in asia are getting local capital from a number of different sources, not really from bank. they're getting it from venture capital funds and from other financial intermediaries that focus on this. so we don't have the same concentration of risk in an individual bank that we saw with eslie p. there is some risk from the potential for a general rise in interest rates and nervousness about the liquidity conditions globally. obviously, if the u. s. continues to confront us a bit of a meltdown on the tech sector and some of the banks. then that's gonna raise a lot of nervousness in asia because there the asian economies are very much tied to the u. s. economy and saw so far, we are not there yet because s v p is pretty small. that back would haven't gone

effect than on asian corporations. and companies, if, if, than this, as you say, a financial crisis of sorts in the us and title lending conditions. exactly. so, but that's kind of a general animal spirits argument in terms of the technicals. most banks in asia don't have a lot of funding or relationships with the tech sector in terms of start ups that are just sort of desperate from cash to pay their monthly bills. that's a kind of a u. s. phenomenon and was very much as the piece of business, so we're not seeing the same risks here. so what would you be looking to hear from president bible when he speaks later on monday? well, biden's gonna be focusing mainly on the domestic audience. so he's trying to reassure people that they are, they're going to step in and help banks that are in trouble, which they've done very quickly. i mean, it's a very effective regulatory system in the united states. that those reassuring remarks may be filtered through to places like beijing. now china is interesting

because they don't have a lot of capital in the tech sector. fast high venture capital areas in china from the west, the last song. but nonetheless, if we, if the beijing it watches very carefully to see what the united states is doing. and if there is some further fall out in the tech sector in us, then you can be sure that people's bank of china is going to look very carefully at the lending in the tech sector, particularly since for 500000000000 has been ported to semiconductors. my last few years, but most of that money is coming from the state bank. so it's, it's pretty say, good to talk to you and for many thanks andy, for being with us. andrew calia, the managing director of orient capital. we switched them thank you. china's president, seizing ping, has said the china needs to modernize its military into a great wall of steel. he put security and the economy of the center of his closing speech on the final day of the national people's congress. she was elected as president for a 3rd term last week. he'd already been appointed for a foe,

the 5 years as head of a communist party and the military, the national people's congress is also pasta sweeping plan to reorganize the country's institutions. katrina, you as if aging and has more on the importance of presidency speech. this is the 3rd speech beginning another term as chinese president and the 1st to be just, it was focusing really in worry about the chinese dreams about the chinese people. but this one is very clearly focuses outwards, it looks like china's place in the world and that increasingly challenge environment that china finds itself in. now we spoke a little bit about trying to history. he mentioned quite pointedly, a ton of history, suffering at the hands of foreign beliefs. we talked about how the communist party rescue trying to help to make it a modern nation. and now the focus and the task at hand is really about making china stronger. and he spoke about this in 2 areas. first, when it comes to the economy occurring, trying to social economic stability,

focusing on innovation nurturing, new talent. and the 2nd way to talk about is strengthening. china is position when it comes to secure that he mentioned quite strong terms. he said that china needs to build this deal great war to safeguard it, sovereignty the baby needs continue to defend the one china principal, especially when it comes to hong kong and taiwan. now this speech, i think it's a direct response to china, is increasingly tense relationship with the united states. and that relationship has really threatened both trying to position economically as well as geopolitically. economically, washington has placed some strong sanction targeting chinese firm, and that's impacted a chinese technology firms as laws that access to the global market. and also, washington has become closer to taiwan, which is really good, big june because they didn't see that island as a part of its territory. and she didn't think himself has said time and time again

that that territory will be unified again with china. be peacefully all through the north korea state media says that it's test 5 to strategic cruise missiles from a submarine. latest round of tests came just ahead of plans, military exercises by the united states and south korea. on monday, the drills nicknamed freedom shield a sent to last 11 days. north korea calls them preparations for a war of aggression. ro mcbride reports from sol. according to north korea, state run media. the 2 missiles were lowest from a submarine office east coast in the early hours of sunday morning travelling some 1500 kilometer is supposed to be the 1st time the north has launched cruise missiles in this way. and it comes as it continues to develop its tactical nuclear arsenal of short range weapons to threaten that ne, but principally south korea. monday sees the start of 11 days of joint military

drills between us and south korean forces, which always anger the north. it is very regrettable that north korea is using our regular and defensive drills as a protect for provocation. i hope nursery, i realize that there is nothing they can earn from escalating tension on the korean peninsula. these joint drills are largely computer simulated command exercises, but throughout the spring a series of field drills are planned, involving both u. s. and south korean troops including and 50th landings and held on the kind of scale not seen here since 2017. when again, relations between the north and south were at their most tense. in years. the ukrainian and rushing troops are locked in a fierce battle to the eastern city of backwoods, with both sides,

claiming maids inflicted heavy, any may casualties. troops with the private military group control, at least half of the city, se the fighting is becoming more intense. the further they and they advance moscow has made a win in backwards. a strategic and symbolic priority. when sneered though, didn't these thing in less than a week starting from march 6th, we managed to kill more than $1100.00 enemy soldiers in the bucket with 6 are alone, which is russia's irreversible loss. the loss of right there near buck moths. furthermore, at least 1500 more enemies cemetery losses. those who can no longer continue fighting, plus dozens of units of enemy equipment were destroyed, and more than 10 russian ammunition depots were burned down about the situation in which is tough, very tough, and the enemies fighting for every meter and the closer we are to the center of the city, the heart of the fighting, the more of the after shilling got us the more text that pier ukrainians throw in

endless reserves. but we are sick and we will keep advancing. peter, it's been one of the most violent years for palestinians under is where the occupation in more than a decade, the occupied westbank where attention is high. the rising cost of living is making life even harder. so high that reports from ramallah o, all my life 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 . now for 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. the would, will he live, meets

a friend trying to help him get a job in west jerusalem salaries. al hire 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, to 5 years of 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 central 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 cut price is a tray of x last month, cost $3.00. now they cost almost 6 and being able to sell me on the dining table is considered a luxury these days. the palestinian authority says is taking measures to reduce the cost of base the commodities. analysts say if this continues, the costs rising,

palestinian families are going to struggle to make and me. we might even see more protests palestinian authority has told al jazeera ponce to spend $50000000.00 to propose the fuel and flower sexes, and fixed prices for some basic goods. they are constrained by the money that is, i am french to them. they're constrained by less funding from the dollar community, but the sample they're expected to manage their economy by increased funding. so they have their constraints. the pandemic war and ukraine in years of economic challenges under israeli occupation have hurts palestinians. israel's withholding of vital tax funds from the palestinian authority means government salaries ought received on time the fund the count 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 is. he agrees while showing us his facebook page where he sold her, made 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, a fine, a new job. sata heights al jazeera ramallah in the occupied westbank still to come here on out 0. another attack of the democratic republic of congo leaves 19 people dead just as a un delegation rumps of a visit to trying to stem the violence or the push to save public health care. tens of thousands of junior doctors in the u. k. begin a strike for better pay. ah

i were all set for some rather wet and windy weather to sweep in from the atlantic . i for the next few days he lost a cloud to stumbling in from the west there tightly packed. i suppose. they have a strong wind scales at times and these weather systems will bring out breaks of rain. they will be a little bit of sleet and snow mixed in as well as the snow that has gotten scandinavia as well. the lot so clouded, right. really windy weather, sweeping that rain in as we go on. 3 monday. heavy rain that you it's a central parts of a frost is pushing a little further east. was further east. it is lossy fine. and rather we have got some wet when the and when she, whether they're into care for a time in some rather live the showers also making the way across cyprus, separate disguise. pushing up into ukraine into that western side of russia. a line of rain that 3 central airs of europe, pushing across east and germany in c. powell and really heavy rain as we go through tuesday that just around the 8 reaction it looks a little try into france. better. optically graded will be i because just went to

florida, just sliding down across england by the state law. she dry across spain and portugal, once again allows you try to across northern areas of africa. we have got some rain i, which was northern parts of egypt. and turning a little cooler. ah, in 543, he won a broad takes on the big issues. this isn't a one off. he's talking about a systemic issue here. black gloves and don't really matter in the police world unflinching questions is war with lawanda, imminent rigorous debate. people who are dying because of lack of medical treatment, challenging conventional wisdom. the fact that people are starting to get angry about this is in itself a sign of progress. join me, mark line hill for upright. what al jazeera. ah

ah, bill again, this is al jazeera. let's remind you of the my news. this r u. s. president joe bible says that he will address issues in the banking sector later on monday. that's asked the federal government announced action to show up deposits of the failed silicon valley bank, reassuring customers, so they will have access to their money. china as president seasoning thing, has said that china needs a great wall of steel, safeguarded sovereignty of c, put the economy of security of the center that is closing speech peoples, the national people's congress, ukrainian, or russian troops locked in a fierce battle for the eastern city of bar codes with both sides, claiming that by reflecting heavy enemy casualties, moskos made

a we didn't backwards. the strategic of symbolic priority. an attack on a village and eastern democratic republic of congo as killed at least 19 people. a bon, down a medical facilitate. it suspected that the attackers belong to the allied democratic forces you and an armed group, which has pledged allegiance to iso. the group is accused of slaughtering thousands of civilians since 2017. and the attack came just after high level delegation from the un security council, ended a 3 day visit to the region. they've said that negotiations are the only way to end the violence going out of killed more than 50 people in attacks and not keeping province. in recent days. alexandra myers reports ah hopes and prayers are running high in boucher garrett. these are just some of the half a 1000000 people who fled fighting in eastern democratic republic of congo there

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. so no do so, and we are all listening hoping that clear instructions claim messages will be sent through wanda and to the him $23.00. so there's one on march 31st at the latest out here at re 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 haute in 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. they're accused of massacring dozens of civilians. they carry rwandan the army equipment and are widely understood to be backed by rolanda to galley denies the allegations. but on sunday,

the french ambassador to the un said there was no denying the connection. they did the molten or prove it is clear that ra wanda 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 it must stop. the 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 with an hours less oxy away out of the crisis. in this case, i can only be political. it can only be 3 negotiation, but in an emergency, security must be improved. action must be taken to wish and must be used when necessary, particularly against groups against the m. 23 and against others. m 23 is just one

. a 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 tropical cyclone. freddy has brought strong winds heavy rain and flooding to mozambique. at least 28 people have died. and tens of thousands of homes. a damaged 40 is the saw, and hemispheres longest lasting, tropical cycling records. the un says the ball that half

a 1000000 people could face the humanitarian crisis. and one of the world's poorest nations. others of migrants of trying to force their way into the u. s. of the mexico border. a large group, mostly from venezuela, is to mounting asylum with u. s. official stop and crossing into the country. many migrants said they're frustrated with trying to secure appointment, seek asylum using a new government app. teaches in honduras, say the education system is in crisis with $1000000.00 children expected to miss out on schooling this year. poverty, corruption, and poor infrastructure being blamed on well below reports now from the chaos, coaching us islands, often alden coast cheers from school children in the island community of east end. the excitement is over the arrival of their teacher. fransisco velasquez . francisco says there are many challenges associated with going to school on

a tiny caribbean island by a few per shamika sambo kip. we've had situations that have been difficult to overcome. now. many of the children who attend the school come from a small island that several miles away. and if the seas too rough, it can be difficult to get here in a little there's only one school on coyote could she knows infancy school is the only teacher around here that makes him a pretty big deal. though many are thankful for francisco's dedication parents like but the sienna, who sells seafood to tourists at the seaside restaurant say they wish their children had access to a better quality education. yet they were think listening. i have 5 children, some of them have finished school, but others have not because our circumstances didn't allow it. at the store this year, the u. s. government announced $33000000.00 to increase access to education in honduras . part of a broader strategy by the bided administration to address the root causes of migration from central america. critics in honduras however,

warned that ramp and government corruption means that foreign assistance too often goes astray. leader teachers without the tools they need to better educate what they came on that our and their hulahan teachers carry out everything that's required of them even trying their best is not enough because authorities are ignoring the problem. and the less they spend on a vacation mode that's lost to corruption. that's the sad truth. so up at a lower level, over the years, the alpha and select io school on east end has received significant material support from the nearby gail sketchiness foundation. still the deficiencies are glaring the fact that these children are able to have an education at all is the result of years of hard work from the local community here in coyote casinos. and the dedicated efforts of one special teacher determined to see the next generation of these islands, residents succeed. while proper public investment remains a distant hope for this community. what they do have is the natural beauty all

around, they hope eco tourism can bring in money that can be invested in schooling. and while getting to school on this small caribbean island will never be easy for these children. it seems to be no match for their desire to learn. manuel rap below al jazeera chaos could. she knows honduras. tens of thousands of junior doctors in england are starting 3 days of strike action of a pay and working conditions. in the country's national health service. they make up around 40 percent of doctors working in the n h us. andrew marson is a doctor who campaigns for war investment and public health. i mean, dr. andrew meyerson, i am an hfs, a doctor. originally from the united states. and i came to the united kingdom about 7 years ago to study medicine. and i decide to stay here because i love the chest. we've seen, you know, a 30 percent reduction in our real terms pay in the last 15 years. basically it means that for a quarter of the year from september to december, we're looking for free and that's a big issue. that's

a huge issue for staff retention. that's why so many people are burning out, or seeing ads for, you know, come to work in australia, come to work and zealand, you know, and we're seeing a lot of our colleagues who are taking those offers to work in much better conditions with much better pay down under because it's just, it's just becoming too difficult for community trust right now. every, every winter is a bad winter for the, for the us and for less 10 years we have every single winter. we've been complains, government things are getting worse, waiting times are getting worse, people are coming to harm. and they are being extraordinarily successful in driving people away from the, from the public system into a, into a 2 tier system where people that can afford it. wealthy people, they can go 60 private, private clinicians and but the rest of everybody else is left to suffer. a good shift nowadays for so many amy staff is one where nobody dies in our waiting room or dies on the back of an ambulance. every time i see a patient, i do apologize for terribly long wait that they're during and you know, and i speak to them honestly about you know, the difficulties that we're facing,

that we don't have enough staff. we don't have enough resources. and so we don't want to go on strike, nobody wants to go on strike. but when you know, for every single year we are, we are screaming to the government, do something, and they don't listen. then this is what it's come to when i've gone to a to picket lines, to support, you know, whether it's in a cruise or nurses. it is incredibly invigorating, is horrific as the situation is right now. and so many people don't getting through the pandemic and sing horrors that we've, we've been through and instilling so awful and despairing so much about the state of the n h us. this is the one thing that's actually giving me hope, science fiction company, everything everywhere. all at once has won a 7 oscars, including best picture of the academy awards in los angeles, the films star show you made oscar history of the 1st asian woman to win the best actress category. he kwan who plays the role of her husband was best supporting actor well, brendan fraser to come. the best actor oscar for the legal in the whale castro has

more honor for studio, and it was expected to win vague and it followed through indeed, making her history. and not only having michelle, yo become the 1st asian woman to win best after that she's only the 2nd ever woman of color to win in that category. but now there are 2 asian after $21.00 in the same year in the academy wars. also 1st of course, because of her costar, he's the one who won best supporting actor. certainly it was a big night for this movie, winning best director as well as best original screenplay. something that was expected and facing years competition from all quiet on the western front, the german film who won for best, intimate congress fee and also for best international feature. but of course, with laurie and the attention of the day is going to everything everywhere, all at once. if you look at the best supporting actor winner, we won. he was

a child after decades ago, and he left asking, he says, because we're the lack of good for asian male actors. and that was a problem for him until he just went back into acting and just weeks after getting his what the, what again found this role. he said it was a dream role. and he went on to win this oscar and he made a very emotional acceptance speech. remembering this journey, also remembering his roots as of the enemies in the brand who came to the united states, the refugee on a boat. and now to end up winning on the academy awards stage, he said this was the definition of the american dream. and then of course we have random frazier who won for best after this is his 1st off, your also come back. he had been missing from these lead roles for the last 9 years, separate from injuries.