i talk the law will the law with, with neither side, 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 of us politics, the bottom line, talk to al jazeera, we ask, what should they not be more oversight? perhaps so foundations like yours. we listen when it comes to diversification, we don't do it in order to be gets wrinkled. the rational, none of your sources. we meet with global news makers. i'm talk about the store restock matter. on out you sierra ha. details of the orca security packed revealed australia will buy up to 5 us nuclear

power submarines to count to bay jane's influence in the asia pacific region. ah hello, i'm sorry, i'm noisy in london. you're watching al jazeera, also coming up on the programs as silicon valley bank customers q, to retrieve that deposit. u. s. president reassures the market. the banking system is safe. a major oil and gas drilling project, given the go ahead in alaska climax to this say it undermines washington's pledge to combat climate change and protests here in the u. k. politicians to base a controversial immigration bill that the u. n. says a mouse to an asylum ban. ah,

ah, well, the leaders of the u. s. u k in australia are on vail plans to provide australia with up to 5 nuclear powered submarines. president joe biden, and prime ministers, richie soon act and out antony albanese, have been meeting in san diego, 3 countries and outs the orchestra defense lines, as it's known in september 2021. some analysts have described the pact as the most significant security arrangement between the 3 nations. since while war 2 of the alliance is widely seen as a major effort to counter beijing's growing military influence in the indo pacific region. partnership means china face has a powerful new defense alliance in the region by aging, has called the pact irresponsible and warned that it risks intensifying the arms race to day. we're now to the steps to carry out our 1st project under orders and.

1 developing australia's conventional yarn, nuclear powered shrubbery capacity. the sobs are powered. got nuclear arms subs or nuclear power, not nuclear arm. australia is a proud non nuclear weapon state and is committed to stay that way. the old cas agreement, we confirm here in san diego, represent the biggest single investment in australia's defense capability in all of our history. strengthening australia's national security and stability in our region. building a future made in australia with recording vestments in skills, jobs, and infrastructure, and delivering, i superior defense capability into the future. now our partnership is significant because not just are we building these submarines together. they will also be truly

into operable. the royal navy will operate the same submarines as the australian navy, and we will boat share components and pause with the u. s. navy. what had to sarah clark is signing by 1st in australia very shortly. first, i want to bring in john hendrick, who is live in san diego. what did they have to say off to them eating well, we knew they'd 18 months ago. they were planning on coming up with this plan for a joint nuclear submarine effort. but today they laid out the details and what they said was that they're starting right away. there are already australian workers embedded in american manufacturing plants and american bases, learning about the process of building submarines because they're going to have to develop their own submarine building based from scratch and that's gonna take years . so in the meantime,

what's going to have it isn't us and british submarines are going to increase their rotations in australia. eventually the australians have committed to buying 3 nuclear powered submarines from the u. s. and they look just like that. that is the, the u. s. s, missouri, it is a nuclear powered virginia class submarine. they're faster, they are, they go for longer and they can remain under water for great periods of time, just coming up to refuel the people inside and on to fuel in the vehicle itself. and that's what makes this a big advantage out there over what was what had been diesel powered submarines. so eventually australia will be building its own. it'll be built by the u. k and australia. and there will be american technology in there. and the u. s. hasn't shared it's nuclear propulsion technology with any other country except the united

kingdom. it started doing that in 1958. so this will just be the 2nd time it does that. and eventually when australia begins building those submarines, it's going to be in the 20 forty's, at least that is the current estimate. and that will strain the capacities of the industrial bases of the us, of the u. k. and australia. so this is a major project that will gone for decades, and it's really a new kind of alliance in the pacific. but these lead is apparently feel it is necessary due to the growing threat they see from china. china has been building out on manmade islands. naval fortresses and talking about taiwan in ways that have alarmed much of the western world. and this is their answer. and i suppose it's interesting that from washington's perspective, they would choose to share this very sensitive in secretive technology with australia and get into this deal with the u. k. when actually they have all the allies in the region that

a much closer to the chinese mainland in proximity. countries like japan and south korea. that is true. and it may simply be that it was australia that sought this co operation along with the united kingdom. a co operation with the united kingdom that had already been ongoing. and china has been vocal about this. gigi pennies has said this seems to be an effort to encircle and isolate china. the u. s. has no in fact this is, this is merely an effort at deterrence and trying to keep peace in that area. but it is definitely designed to be china facing. and that is because of the threat that is perceived there are people here said they, they saw from the russian invasion of ukraine, the reaction, the cooperative reaction of europe served as a model for them. they also talked about the threat from north korea, but it really, china that has been a most this subject of this new arrangement,

i should say also that france was pretty upset about this because originally, australia had planned to buy diesel powered submarines from france and nicks that deal in order to join this arrangement with more advanced technology once the united states was willing to share that with australia. so there been some feathers rougher, ruffled internationally. but the important issue here is a confrontation with china were, as they like to say it here among the allies who were just speaking a deterrence against the threat of china. okay, thank you very much. john henderson for proposing that from san diego where that summit is now concluded with 3 d as a valid strategy at the u. k. on the us that's collect sarah clock now in brisbin. now, how, how much attention is the australian public playing to this? and is that genuine concern there in australia about deterioration in the

relationship between cambra and beijing? west valia with the anthony albanese, has described this as an dawn for australia's defense policy. and as he mentioned, this is the largest defense acquisition in australia's history, in the pitch that he's been making to the australian audience is jobs. he's talking about creating up to $20000.00 jobs over the next 3 decades across defense, public service and industry. and i should know that this deal was signed under the full prime minister scott morrison, and it does have bilateral support in australia, parliament. we've talked about what the purchase means to strike 3 american manufactured virginia class nuclear subs to stop with, with the option to buy an additional 2. and of course design and construction is already underway on these brand new subs. and in a strategy, these jobs are rolling out as of this year 2023. and this is a strategy looking to build these hybrid nuclear subs. and of course, the reason for this purchase in the pitch that's been mighty astray, an audience that this is the but the ability giving us the ability to bolster the

intelligence sharing between the 3 navies. and this is, of course, another reason for this agreement is to act as a deterrent in the face of these rising foreign strength facing funds. and this is a direct reference to china. we have the likes of china encroaching across the pacific region. one of the more recent kind of encroachments has been the potential military build up and the like to the solomon islands. and that's about 2000 kilometers from australia shows. so this is the pitch. it's being made by the striding government to the strong audience under disagreement. also they be able to accelerate the acquisition of god weapons as well as building up estrella of nuclear capability as to what we'll do between a stronger and beijing, a camera and beijing. this will no doubt indicate or deliver another dimension. and strategy is turbulent. relationship with china. china is already said that they believe the deal constitutes serious nuclear proliferation risks. plus, i say exacerbates the arms rice and hurts peace and stability in the region. so

know that this will be another turning point for the relationship between astrology and china. with the announcement of this huge defense acquisition, 1st radio. thank you very much. from brisbin, sarah cock reporting me. while the chinese lead, as she ging paying has closed countries annual congress with a call to modernize its military into a great wall of steel, you, chinese premier, and she ally leach a chang also gave his 1st press conference outlining beijing's economic priorities . katrina, you reports now from bay jane. closing china's annual congress and beating president seed in pain called on the chinese communist party to strengthen the country's economy and security. so syndrome change or we rosemary, nor effort to leave up to the tie to our history and to the people make our generation through contribution of booting a strong lation on the realization of national rejuvenation. the military, he said,

must be built into a great wall of steel to safeguards, sovereignty and called hong kong and taiwan inseparable from china. we're see also underlined the need to boost innovation and self reliance or response to you. a sanctions blocking beijing's access to critical technologies. holding the closing ceremony, the new premier held a press conference where he criticized western suppression of chinese firms. he says baiting and washington need to work together. li chung is tasked with reinvigorating the slowing economy and achieving this year's growth target of 5 percent are made to the to learn far from the currently our economic gulfport is large and he has exceeded 120 trading lot. and we also faced quite a lot of new challenges who's hard to achieve a growth of a wrong 5 percentage of sasha high base figure is not an easy task for anita well require redoubled efforts. the former shanghai chief is credited with creating

a nasdaq staff stock market for the financial center and persuading tesla to build its 1st overseas factory on the cities outskirts, boosting employment, and the private sector are among leads, top priority is low, but he's also known for the mismanagement of a brutal corbett 19 lockdown that paralyzed the see for weeks was shows analysts say li chung's loyalty to she didn't pin always trump. his personal policy preferences woke me up or think a lot about shifting in positions and on his own or the c. p. system especially on the she i think is um, is tightly managed enough such that you know, the, the diplomats, the officials will do what they're told. li chung is just one of several close allies. seaton ping has installed in the top ranks of the communist party. this may need more efficiency when it comes to carrying out his policies, but also less pushback and almost 0 opposition when it comes to his power. katrina,

you al jazeera, they doing. ah, you as president joe biden has tried to reassure americans at the country's banking system is safe after the collapse of silicon valley bank. this is the largest failure of a u. s. bank. since the 2000 make global financial crisis. biden says, customers in taxpayers will not bear any losses. kimberly hawkins has more after a weekend of dramatic whitehouse emergency actions before us president joe biden on monday announced that the banking system is safe. biden made the announcement following the collapse of silicon valley and signature bank last week, 2 of the largest bank failures in us history. on friday, us authority shut down silicon valley bank to protect depositors doing the same on sunday for signature bank. the bible says,

even though both are now under federal control, unlike the 2008 financial crisis, tax payers won't, for the bill, no losses will be borne by the taxpayers. let me repeat that no losses will be borne by the taxpayers. instead, the money will come from the fees, the banks pay and the deposit insurance fund. instead, the cost of covering the deposit will be paid for out of an emergency fund set up by a government agency known as the federal deposit insurance corporation, or f t. i see it's funded on a quarterly basis by the banks themselves. additional bailouts will also come from selling off silicon valley banks asset the banks funding their own bailout. not the tax pair is a key difference from 2008 when the troubled asset relief program or tarp use taxpayer money to purchase $700000000000.00 and toxic assets from the banks. and

unlike in 2008, those who sought to make money through investments also won't be saved with taxpayer funds. investors in the banks will not be protected. they knowingly took a risk and when the risk didn't pay off, investors lose their money. that's how capitalism works. on monday anxious customers waited outside new york signature bank, everyone should be worried for the fall out from the bank in crisis isn't just an economic problem for president biden, but also a political one was still soaring, inflation and an economy in recovery. the white house knows the president can't afford any new economic shocks. justice he set to announce his 2024 presidential reelection campaign. kimberly held hit al jazeera, the white house. kristen salumi has more on the reaction. we've seen this neutral

wall street. the dow jones closed lower on monday, but it was the financial sector that took some of the hardest hits here on wall street b nasdaq's k b, w index, which tracks financial sector stocks closed down nearly 12 percent names like city bank, bank of america. us saw losses throughout the day, but some of the biggest losses were by regional banks 1st republic. another san francisco bank in shaky territory saw its value dropped nearly 50 percent. this, despite chase bank coming in and offering financial support to shore up its finances. some of those stocks actually had their trading suspended throughout the day because they were dropping too quickly and that scared regulators. but at the end of the day, it wasn't as bad as some expected. some investors found opportunity and hope in the

government's recent action actions to sure up on the banking situation. seeing that as a sign that maybe interest rates won't be raising as quickly. others sought protection in stable government bonds. we saw a lot of investors putting their money there and what is considered a safer investment as that could be assigned, that there are still a lot of concern and worry about the state of the economy. meanwhile, here the authorities have also been reassuring taxpayers that they won't be liable for any of this either. after emergency talks, europe's largest bank, hsbc, stepped in to rescue the british division of silicon valley bank. the u. k. banking system is extremely secure. it's well capitalized and i think we've demonstrated that resilient spy what was happening over the weekend on the fact that we were able to come up with a solution. so quicker he was al jazeera ally from london. there was much more

still to bring you on this program. gar lenika is returning to the i wives officer . an agreement between the supports present on the b. c is reached out, everything everywhere and all the all goes a record hall of academy awards. the slow buns, sy fi hits of the year. ah hello, we still got some pretty wet weather across northern parts of australia. the storms rumbling away here on the top and the gulf commentary, doubts would see a sunshine coast eating down across brisbin and then just stuff. sure. little circulation here as drawing some showers into sidney 25 celsius here. tuesday afternoon, little on the coast. i compared to have light, it will warm up as we go through the next few days because our area of low pressure

slides down towards the sale of this we go on in to wednesday, temperatures picking up to around $29.00 celsius, but still a few shouts just cling on to the east coast of us as we go on through the middle part of the way. come 1st, a is try a bright and it's 10 degrees warmer. in sidney temperature, touching 35 celsius system, late summer heat, as we move into awesome one or autumnal across sir. a good partners, eylandt cloud and rain, wet and windy weather will sweep his way in through here. meanwhile, we got wet and windy weather clearing a wife, mattie's decide of japan lossy. try and fight as we go on. 3 cheese date, not bad across the korean peninsula as well. temperatures impacting at around to 20 celsius, it cools off. thus we go on into wednesday, 13 degrees at that state, little bit of a wintry mix across the final thesis of china. for the cramping extras, dry, fine, and sunny, ah,

blah blah blah, we'll say, you know, as the ballade never laid him a battle and no hell in my thought nothingness of what have you done. i see with the visit on will be now you will not be as ah lou ah, ah, welcome back. look at the top stories that we've been following. the leaders of the u. s. u. k. in australia of on fail plans to provide australia with up to 5 nuclear powered submarines. now this alliance is widely seen as

a major effort to count of bay gene is growing influence in the indo pacific region . and all the headlines of a president joe biden has been trying to reassure americans at the country's banking system, is safe off the collapse of these silicon valley bank socks around the world. plunged on mondays, customers queue to try and get that deposit bag also in america today, the white house has approved a major oil and gas drilling project in alaska. it's worth $8000000000.00 and it's being led by all giant kanaka phillips and it's facing strong opposition from crime activists. they say undermines the administration's pledge to combat climate change and reduce greenhouse gas emissions is, comes a day off the government and outs limits on drilling oil and $60000000.00 acres in alaska and the arctic ocean. jabra tansy has more this now from washington. biden had made of a cute cute campaign promise that he would not allow any drilling on federal lab

because he would be the 1st president to take climate change. seriously no drilling on federal period. he's that same famously. he's already broken that promise. he's already actually, his administration is approved more oil and gas drilling permits and the trumpet ministration in its 1st 2 years. the emissions that we'll have will results from this project will entirely wipe out all of the clean energy, the renewable energy projects on federal. now, the biden is improved in order to reduce emissions by 2030 by double. so he's completely wiped out all the theoretically, all the, all the, all the reductions in greenhouse gases that, that he was planning and boasting about by 20 to 30 in what with one decision. how here the parliament has been debating a bill. ange curbing the numbers of asylum seekers arriving on british shores and small boats. this is to fulfill the prime minister's promise to deport anyone entering in a way the government describes is illegal. the new law will ban migrants from

returning to the u. k, claiming asylum, or seeking british citizenship in the few chap charlie angela takes a closer look at government's plan. oh, hutchins ran high in parliament, is the government's illegal migration build was debated for the 1st time yet we must control who comes into this country and the terms under which they remain here . that's why stopping the boats is my top priority. but objections came from all corners that a housing, she think the british public went to see pregnant women and children detained, an immigration detention center. i do not believe one of the due process on nashville under the new plaid migrants and refugees arriving on british shores in small boats, so the back of trucks would be detained, deported, and prevented from ever flaming asylum in britain. successful asylum seekers like called by thea housey, who fled tortured central africa,

says the proposed law would be a death sentence for many disputed or des slow wooden wooden stove. me in my journey, in my goal of safety and protection. and what probably would, would done is just creating even more just sort of journey for me to tape. and i wouldn't know exactly would i make it on or no, making all outside parliament protest his voice, the opposition to the proposals rights groups argue the law would break, the un conventional refugees and other commitments the u. k. has made to human rights many legal challenges lie ahead and then there were the practical challenges with a backlog of a 160000 people waiting for an answer when their asylum applications detention centers are already overflowing. emergency, accommodation in hotels, costs $6000000.00 a day. the question is, where will the new arrivals be detained and how much will it cost?

supporting on friday, britain signed a $577000000.00 deal with grants to boost surveillance and policing on french shows to intercept more boats before they leave and break the business model of the gang . but many want to see more investment into so called safe and legal routes for those fleeing war and persecution. beyond parliament, more than $350.00 businesses, charities, unions and legal groups have condemned the policy on a legal migration is cruel and unworkable. and that urging the government to rethink the policy. but prime minister richie soon acts as he wants to push the bill through to become law. hopefully by august, charlie angela al jazeera london arnold, the developers of bbc is apologize. the fall out her remarks via present a gar lenika and says he will return to broadcasting the corporations as venica will be back on the airwaves. while independent review into social media use is

carried out. the action and player had been taken off from the bdc made football program match of the day. after tweeting, criticism of the u. k. 's new policy on asylum seekers fellow presented. and commentators also then refused to walk over the weekend in support for the broadcast to sports coverage into disarray. m allow is declared a state of disaster after a powerful storm had the country for 2nd time. more than 60 bodies were found on monday, after tropical cycling, friday on leisure, more torrential, rain, and strong winds over the weekend. several others have died, a neighboring mozambique friday, fast its southern africa last month. it is the longest lasting storm of its kind on record in the southern hemisphere. now the science fiction comedy, everything everywhere, all at once. as one at 7 os goes including best pitcher the academy awards in los angeles, majority, asian cost and directing team broke new ground for diversity. is it triumphed in

more major categories than any other movie in oscar history? are 0. how did your castro has mall? at me and you everything everywhere, all at once. one, almost everything everywhere. among its 7 prizes. best picture. this feels incredible. best director i once you acknowledge my context, my immigrant parents, my father, who fell in love with movies because he needs escape the world and thus pass that love of movies on to me. my mother, who was a creative soul, who wanted to be a dancer, an actor and figure, were, could not afford the luxury of that life patent child. so you best actress making michelle yo, the 1st asian woman to win for all the little boys and girls who look like me watching to night. this is the beacon of hope and possibilities. and best supporting actress in 1st time oscar winner, jamie lee curtis. ah,

indian costar here, week 11 best supporting actor the 1st to win for an actor of vietnamese ancestry. my tyranny started on a boat. i spent a year in a refugee cap, and somehow i ended up to our hollywood bit the stage one was a child star who had quit acting due to the lack of rules for ancient actors. ah, brendan frasier also made a trial but come back after 9 years without a major part. now, winning best actor for his performance in the whale. the german film, all quiet on the western front, one best cinematography and best international feature. while indian film r r. r took best song, beating out competition from both lady gaga and riana, whatnot. mm hm. yeah. and, you know, trying to, being dead on the job,

you know what i did? it was in bed on mom of songs, and don don says and dead on odd form. you don't want to go to all of the parts of the wood and you know, entertaining them. some of the drama took place even before the ceremony as the stars arrived on the carpet. and notably this year was not read. it is champagne colored the 1st time when 62 years of oscars, history. and in another fresh twist acceptance speeches were posted to social media and audience is invited to interact by scanning q r. codes displayed on their screen. unlike some recent years, the night was free of fiascos with producers hoping the celebration of the craft of cinema alone was enough to draw audiences. heidi joe castro, al jazeera los angeles. ah, just a quick recap of the tops.