tv NEWSHOUR Al Jazeera March 17, 2023 12:00am-1:01am AST
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i have is on celeste's working in asia and africa, there'd be days where i'd be choosing and editing my iron stories in a refugee camp with no electricity. and right now we're confronting some of the greatest challenges that humanity has ever faced. and i really believe that the only way we can do that is with compassion and generosity and compromise. because that's the only way we can try to solve any of these problem is together. that's why it's so important. we make those connections. ah, al jazeera, with all of ah,
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hello, lauren taylor, this is the elders there news i live from london. coming up, 11 us banks will step in to help struggling regional lender 1st republic as part of a rescue plan with an estimated $13000000000.00 purchased in france off to unpopular pension reforms of force true without a parliamentary vote. morning and anger in malawi in the wake of cycling freddie, the government appeals urgent international health. at the moment, a russian fighter jet intercepted a u. s. military road over the black sea and on pizza steamers im dental hall with your sports news branch of the united all through so the euro for the quarter finals and also all hoping to join been there. they lead sporting lives been merrily at half time, and they lost 60 the encounter about about on how to deal with
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ah, a sense of stability has returned to global markets on days of turmoil, thanks to rescue plans offered to 2 banks emergency funding provided to us and the 1st republic saw stocks and the day hire their 11 banks, including 4 major lenders. a part of a rescue plan was $30000000000.00 while a $54000000000.00 lifeline to investment bank credit suisse ease concerns in european markets. christian salumi has more for more st. j. p. morgan, chase, bank of america and 9 other major financial institutions came to the rescue of the california bank 1st republic on thursday, depositing some 30000000000 dollars into the bank to shore up its finances that sent it. stocks and the banking sector in general back into positive territory. the worry of course, after the failure of silicon valley bank in california was that other banks would
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follow suit. depositors were getting nervous. they might try to withdraw their money and banks without enough liquidity would fail. that was weighing down the markets in the banking sector, particularly 1st republic shares started the day on thursday, down some 70 percent. on this news though, they rebounded and close the day of 10 percent and still haven't made up all of the losses for the last week, but they're heading in positive direction. there was other positive news affecting the markets today. the a deal to short credit suisse also being factored into the the mood here on wall street. janet jaelyn, the treasury secretary of the united states, spoke before a senate finance committee, also reassuring the american public that their bank deposits. we're safe and would be there when they need them. so at this stage, there is certainly more concern about the u. s. economy inflation, interest rates,
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whether or not the federal reserve will raise interest rates when it meets next week. but for now, at least this latest development, these latest development seems to be calming the markets, at least and reassuring investors that a bank in crisis has been averted. was christian mentioned, the us treasury secretary appeared before senate committee, assuring it that the country's banking system is sound. we worked with the federal reserve and f d. i see to protect all depositors of the 2 failed banks. on monday morning, customers were able to access all of the money in their deposit accounts, so they could make payroll and pay the bills. shareholders and debt holders are not being protected by the government. importantly, no taxpayer money is being used or put it risk with this action. deposit
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protection is provided by the deposit insurance fund, which is funded by fees on banks. under simmons is in london with reaction from the european markets. markets were jittery even before this announcement, but now they are really nervous. the european central bank announcing as 0.5 percent increase in its main interest rate. it's up to 3.5 percent. it says that inflation projected remains too high for too long, and it said it was resilient with strong capital liquidity positions right across the euro zone. so they didn't really feel that this was too risky they would seen. but that isn't the view of every one. the situation with the market says that the european a stock market's dropped, want not substantially, but the pan european stock, $600.00 index, immediately moved down into the red by 0.15 percent bank stocks,
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which had rallied at 2.6 percent were down by 0.5 percent. what is this all about? well, interest rates are high anyway. they've gone up further that have been a real consideration amongst many financiers and many experts. that there could be a small, arise by the c, b or nano toll. but it went through, there's a see saw here that with the inflation rate going up. and then the problem with, with stocks, the problem with government bonds that they really need lower interest rate. so many banks invested when the rates were higher. and now selling these off, well, that's certainly a disastrous business, as we've seen with the bank crashes that have already happened this week. so the situation right now, nervous and very difficult remains to be seen. what the other major institutions will do world wide about interest rates. i'm joined by the chief economist at
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finance, watch jerry pitt from the printer. thanks so much for being with us. so we've seen these kind of rescue plans for these banks, but a more broadly. how vulnerable is the banking sector? do you see all the banks getting into difficulty in the next few months? the key question is trust. when you look at what happened at credit suisse, it's about lots of trust, lots of confidence. so the whole point is going to be whether the system and central back in particular, can bring back trust into the system so that everything doesn't collapse. you remember? sorry for the conversion. remember putting when the little boy withdrew him to bend from the bank, the bank collapses because people don't trust the bank anymore. this is, this is what we're facing. so the key is truck brought back into the system by central banks. we saw that the u. s. federal reserve has said that it lent banks $12000000000.00 under the scheme unveiled on sunday. so it's clear that central
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banks all kind of ready to step in. but in the end is, is this is the kind of coherent way of running a banking system with, with a central bank. so we step into rescue the banks. whatever happens, yes. and no. where to distinguish very clearly between the fire fighting the mission of central banks and the the designs function that policy makers have. as 5 fighters, central banks have no choice, but at the end of day ginger liquidity so that the entire system doesn't class. there's no doubt about that. once you said that, if you sit back, you need to build a system whereby everything will not collapse each time. there is a school problem because let's face it where they're in the us or in switzerland or wherever we are having small problems today and small problems trigger big
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consequences. and why is that? well, that's very simply because the whole system is not built in a resilience enough manner. and therefore, the only thing we're left with is moral hazard. where basically private, i mean, profits are privatized, and losses are socialized. and this is no way of constructing a resilient financial system. and more importantly, if financial system that allocate capital to the banks at the right price, so that the good banks will be rewarded and the bad banks will not be rewarded. the current system we have is effectively a system where even the banks that are poorly manage the vents that have the poor business get away with it. and he said, get away with it. excuse me, but why bother? so just i just,
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i'm sure you really wish between by in the fire and building the right system. and in the meantime, so on, on the fire fighting fun. what, what, how much difference will interest rates make? because we know that the c b is going to head to another half a percentage point rising interest rates day if, if the fed continues to, to, to raise rates. and what impact you think that will have on the global financial kind of picture. well, i don't think this is such a major issue obviously for as the b, it was a big issue as it is a very special case. because in the same time we've been complaining of the banking system has been complaining for years and years then low rates were detrimental to their profitability. so now rates are rising and for the past few months we've been hearing at last, we're going to be able to make a profit on landing because because you know, will have a problem margin because rates have gone up. so you know, you cannot complain that your bond of portfolios is getting done in
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value when rates go up and at the same time rejoice because you're lending it at a high rate. so in the grand scheme of things, i don't know this should be, i don't think this should be a consideration. and the other thing is, central banks have really 2 missions. one is monetary policy and in particular flights, inflation. the other one is financial stability. and we can see that those 2 objectives sometimes contradict. and we have to be very clear that if they give away or they let down their mission of fighting inflation and managing monetary policy property, we'll all have a bigger problem just briefly on the market to recovered a bit today with it, with interventions that we've seen but how different is the situation now with banking compared with the situation in 2008 before the global financial crisis? well, in a way, it's similar because trust,
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confidence has disappeared or is disappearing because of different factors. so the similarity is that we're facing a situation where a trust in the system is disappearing or is shaken. the difference is that the cause of it all is very different. in 2008, we had some primes, sub prime prices. and this time we have very, very different situations on both sides of the atlantic. but in the other day it all comes down to lots of lots of trust. so it is similar in the effect. it's different in the cause. j. phillip are now thank you very much and if you want to thank you very much of french, please, sir, clearing demonstrators from placid reconco in paris, where thousands were protesting against pension reform tear. gas was fired at about $7000.00 demonstrators. earlier, the french government forced controversial pension reforms through without
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a vote in parliament. after failing to convince a majority of m, p 's to back the bill, the changes raised the retirement age from 62 to 64. resident, manually, michael says it's essential to cover pension deficits. natasha butler reports now from paris. oh, it wasn't the outcome. the french government wanted, but without a parliamentary majority, but decided to force his pension reform bill through parliament by decree. a controversial move that infuriated some lawmakers and left the french prime minister struggling to be heard on the per pound. we can't risk seeing a 175 hours of parliamentary debate come to nothing. we can't risk seeing the compromise built by the 2 houses dismissed. we cannot risk the future of our pensions. this reform is necessary. the move comes off to more than 2 months of st . protests and strikes against the reform led by frances trade unions who states
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and erosion of work has rights and will say, angry over plans to raise the retirement age by 2 years to 60, to demonstrate as he gathered outside the parliament say they'll continue to fight . oh, pretty revolting is the fact that despite the fact that the government represents a tiny minority and doesn't even have a majority in the parliament, they order a constitutional tools that they can use to course it's through and complete the undemocratic manners. but that won't her. that won't, her hendrick resolved to pursue the fight. that's why you're here today, and that's why the fight will continue to morrow. horsing bills are the parliament by decree is legal under the french constitution, but it is a course of action seen by many is a failure of politics acting outside the national assembly frances hard left leader said the government didn't care about be put out, which was not an issue of vacation, i find it significant and symbolic that for a 100 time the government used a decree to buy, paused the will of the people. we must coordinate with the unions and do all we can
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to have his law withdrawn. performing the pension system was one of present emanuel macros campaign promises. he says, the system's outdated, costly and unsustainable for future generations in the and he will have succeeded in changing it, but at a cost to his political reputation. natasha butler, i'm to 0. paris u. k. government and healthcare union serv come to a final pay offer which could end strikes affecting the national health service. the offer to unions representing nurses and ambulance workers, includes additional pay for next year. unions of already voiced mixed reaction to the offer, which does not cover junior doctors who are also striking. coming up with us use our from london. ponens pledge to ukraine for mig fighter jets to be delivered in the coming days. houses up bodies but, and ranges drive through
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a dark white house form. and pakistani prime minister iran con, describes just the scene when police try to arrest him and his fort, see how japan dominated italy to reach the world baseball classic semi finals. ah, will always president is appealed for global support. after a tropical cyclone hit the east of southern africa, countries commercial hub blan tire has seen the most damage, with flooding and mud slides. at least 326 people have died. and hundreds are missing. from the miller reports from black tie and malawi, as people try to recover from the impact of psychos friday, they also have to bury the dead. and as the rain continues here in the village of tow chiera, they have to scoop water out of grief. but before laying the victims to rest more
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than 320 people have now been confirmed dead, and thousands more. missing after the cyclop tore through southern africa for a 2nd time in weeks. outside malawi, commercial capital, blan tire people in this village have been cut off from their neighbors, as roads and bridges lay in ruin. president, lazarus, chuck. whereas appealed for international assistance. no one is governments being criticized for not doing enough. the main challenge is not government failing to respond. it is the inaccessibility of some of his camps because bridges are been wash. ah, and rhodes had been caught i, you know, so that people cannot travel to where they are. so there is hell that is already on hand. it cannot get to the people because of challenges of accessibility. in some parts, there's no electricity or running water. we have people who are,
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who have been rendered homeless. they don't have food, they don't of clothing. they don't, i val, water clean water. so it's it in a bad we, we, we, we don't even know what to people are going to it for line to this to day. all. if in supper we don't in all because ah, we have not yet received it if item as we speak across the country, more than 88000 people have been displaced. with many sheltering and temporary camps, maureen is expected in the next few days, raising fears of flash floods and more destruction, lemetre mila al jazeera plant. i am allowing the u. s. military as well as video of any counter between a russian fighter jet and a u. s drone, the pentagon says the russian aircraft unsafely intercepted the reaper drone was then crashed into the black sea. russia denied accusations had acted recklessly. the downing of the drone on tuesday was the 1st direct incident between the us and
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russia. since the war and ukraine began last year, during the whole report of 42 2nd video clip released by the pentagon shows of russian su $27.00 fight a plane dumping what he said to be jet fuel into the path of a u. s. reaper surveillance drone high over the black sea. it makes a 2nd pass, repeating the process and then we're told the plain makes contact with the drones tail propeller. the video feed cuts out resuming 60 seconds later to reveal a damaged propeller blade. afterwards the drones remote pilots bring it down in the waters of the black sea. the pentagon said it would not be deterred by what he said was a patent of risky behavior by russian pilots in international airspace. the united states will continue to fly and to operate wherever international law allows. and it is incumbent upon russia to operate as military aircraft in
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a safe and professional manner. russia's foreign minister said the us drone had not, in fact, been in international airspace. honey, even though he reported to touch the post nutshell, they totally ignore the fact that after the start of the special military operation, military declared that certain areas of the black sea had limited access by any aerial vehicles. and this defiant neglect of that objective fact makes one think. the american side keeps looking for provocations to fuel confrontation. the ukrainian military has reported unusual levels of activity by russian ships in the black sea, a possible scramble to recover the wreckage. the south west of the crime in peninsula where we know this per and went down. that's more or less below a desa the ukrainian city that was, you know, threats and it's not far from where the most giver russian more ship was sunk back in april. so i think there's a big concern in the u. s,
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and they will be able to continue to mount the surveillance operations without this kind of thing happen again. russia has denied any wrong doing, and initially blamed the incident on a faulty maneuver by the reaper drone its retrieval could provide valuable intelligence. the aerial encounter was the 1st known military contact between the us and russia since the war in ukraine began, reinforcing widely held concerns that the 2 superpowers could eventually be drawn into direct conflict. jonah haul al jazeera patty calhoun has more from the pentagon. we saw yesterday that the top bosses, they were very careful in their language, trying to make sure that the didn't escalate. the situation didn't demand an apology, but then they released the video very, very early here stateside. so the question was, were they going to opposite rhetoric try to increase the tension between the us and russia, which some would say this video could possibly do so. as
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a parent guns brigadier general pat rider, the pentagon spokesman was asked about it. and basically why released the video, and here's what he had say. it's not unusual for us to release the imagery of unsafe unprofessional incidents. we've done that in other situations. and so, particularly in this case, given the reckless and dangerous behavior and to demonstrate publicly what type of actions the russians had taken, we felt that it was important to provide this imagery before. the briefing. we also heard from the national security council spokesman john kirby, and he said that the purpose of this was to just show that the russians were and his words, their line about what happened. cuz remember russia said that it didn't really have any impact with the drones that the drone, the reaper made maneuvers and then crashed into the sea. so what now will russia made it very clear? there were to try and recover this drone. general writer said several times that this is american property and that they're not that worried about. you said, 1st of all, it's been really deep water doesn't think the russians are going to be able to get
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down to it. the other thing that he pointed out is he said we took steps to make sure that there was little value in anything they did recover. so their reports that they basically wiped the servers on their end queue reaper before it hit the water. but we'll see as it plays out, because this might not be over. we heard russia say the aircraft cannot go and what they call, their exclusion zones. and we heard from the department of defense, the secretary of defense himself, the v u. s. is going to continue to fly and what they see as international waters. so the 1st direct contact between russia and the u. s. over the war in ukraine. but actually delta, while poland has become the 1st of ukraine's allies to commit to sending fighter jets polish president under duda, says warsaw will deliver for make 29 jets in full. were working ordering the coming days with more to come. once they're checked, ukraine has been asking the west projects for months to help it's defensive efforts . stephanie deca has more from keith,
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ukraine's really been asking for jet since the beginning of the war. it's significant, of course it is. it's the 1st time and a to ally ukrainian allies says that it is going to send for make 20 nines. there will be more in the next coming days. it's something that the allies have been discussing is something that keeps been asking for for a very long time. it is certainly a step up in the commitment of its allies when it comes to providing weaponry. it's also seeing the arrival of some of the leper tanks and from poland as well. 9 other countries pick you also mentioned by the us secretary of defense yesterday, secretary of state lloyd austin saying 9 countries committing to sending around 150 leper tanks to ukraine and they will be arriving before the end of march. the timing of all of this is very interesting, of course, because there's a lot of talk that ukraine is planning a counter offensive. as the weather is getting warmer as the ground is thawing. certainly this is a welcome move from poland. it will be welcomed here and kids. and again,
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a lot of the allies seeing that they're discussing ramping up even further support . russia has committed a string of war crimes and human rights violations in ukraine. the un commission inquiry has found that the independent international commission of inquiry on ukraine found that rational authorities as committed, willful killing, of civilians, unlawful confinement torture, rape, and the deep alteration of children, all of which were considered war crimes. it said russia had violated international humanitarian law by using explosive weapons to attack populated areas with apparent disregard for civilian hom and the waves of attacks on ukraine's energy infrastructure may amount to crimes against humanity and they urged further investigation. the question also found a small number of rights violations by ukrainian forces. these included indiscriminate attacks and there were 2 instances of prisoners of war being shot wounded and tortured, which could qualify as war crimes. a spokesman for the libyan world,
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oliver have to says more than 2 tons of uranium that had been reported missing by the un nuclear watchdog. i've been found the 10 drums, if radioactive written material were located near the border with chad after spokesmen said, whoever sees the barrels lightly thought they contained weapons or ammunition? the uranium was reported missing on tuesday when the international atomic energy agency inspected an unnamed site in libya. according to pakistan, has rejected for prime minister in mankind's plea to suspend an arrest warrant issued against him and was just hours after a higher court ordered police to postpone the operation to arrest him until friday . con is accused of repeatedly failing to appear in court for a hearing of in 2 days of 10th stand off in the hall between security forces and con supporters. he tried to stop police from taking him into custody. speaking to out his ear earlier in one can confirmed, he will appear in court on saturday. i had bill right up to the 18th. when my go
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to paris was going to take place. the police turned up for this earlier, so it was unlawful. i was already had protective bill and it, when i, when this, this massive force. i mean it's never happened before and i, history, thousands of policemen and rangers. try to attack my house and arrest me. so when they came with this force, i'd then give my lawyer give them an assurity that i would attend the court. so the whole idea of police was supposedly to take me to court, which was on the 18th. so i give them an assurity, and the law says that once i would have given them a surety, the police shouldn't recipe. but despite that, the force kept increasing and the earth at the violence, i mean the tear gassing and water cannons and their shot belts are r a r r workers and then they were bullets fired. so it's never happened in
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pakistan before. a person in health ministry says at least 4 people have been killed in an israeli rate in the occupied west bank. an undercover unit of the israeli forces carried out the operation in a busy shopping area on thursday. one of those killed was a 16 year old child. 2 others have been identified as leaders of a palestinian group known as the janine battalion. 86 palestinians had been killed in the occupied territories since the start of the year protested across israel once again taken to the streets to denounce the government judicial reforms. it comes after prime minister benjamin netanyahu rejected a compromise proposal put forward by israel's president. isaac had sog unveiled alternative changes to the plan on wednesday. in yahoo says had talked plan fails to address what he says are imbalances in the legal system. the bill will limit the role of a supreme court and give more power to the government. critic say its anti democratic
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but more still to come this hour including bailing out businesses in flood, hit peru, the clean up begins after days of rain, a groundbreaking handshake. japan and south korea look to end years of animosity. and the olympic medalist who has been banned for 18 months. details on the way with peter and salt. ah the where the atlantic is still dominating the weather in western europe. this big storm system was unwind again. so a lot of cloud here and a massive cloud for the east as well in the middle east slice here. pressure is high now use that should mean this time the starting to warm up and that will indeed be the case. so for the immediate future, wind and rain catching portugal the western side of from the british isles. in scandinavia,
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i had about the induced warmth. then the opposite side. you got normally with not normally cold anyway, it will be, it will feel that where the stumble, for example, that when coming down across the black sieve to the gee and, and tuck you back up again to sudden turkey. in fact, there is more significant rain to come for turkey and it's moving slowly eastward. but as it moves east was, it lies places like sofia to rise in temperature by a considerable margin. lift about 9 degrees in 2 days as this part of europe warms up the same time the rain edges further into france. and the low countries, with temperatures in the teens, by wind, has been a story in north africa of late, and it's picking up again a bit, certainly east inside of libya and coming down across the harm at the season when picks up the dust. the rain is edging slowly north, as you might expect. more interest means in ethiopia and probably some other aah!
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iraq. a nation riddled with land mikes and an expert dedicated to defusing them, one by one. equipped with only a knife and a pair of wire puckers, he faced his death every day. but does his work make him a hero or a target? witness? the d minor on a jazeera when the news breaks, some buildings that had already been damaged, have been further pushed over to one side. others that were close to collapse when people need to be heard. and the story told. i couldn't tell them that i was a musician when i was supposed to be burned with exclusive interviews and in death to each centimeter of this stump represents a year of life. al jazeera has teams on the ground to bring you more award winning documentaries and lives
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lou ah ah, one of the top stories here now to 011 us banks have announced they'll deposit to $30000000000.00 in 2 struggling regional bank 1st republic. belinda. she has had fallen 70 percent in the past 9 trading sessions. it comes up to 2 major us bank failures in the past week, including silicon valley bank. protests are broken out in paris after the french government forced through controversial pension reforms without a vote in parliament came after the government failed to convince a majority of m. p. 's to back the bill, changes raised the retirement age from 62 to 64 and will always precedent. his appeal for global support. after
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a tropical cyclone hit the east of southern africa, that is 326 people have died and hundreds of missing in malawi are to mudslides and severe flooding tore through the region. the clean up operation is under wayne parts of peru that have been devastated by cyclone yahoo, landslides of buried homes in mod, leaving thousands of people homeless. the 6 people have died in the past several days because of the trench reins. that's not cross slide to marianna sanchez. you joins a cert from the district of santa gear region near the capitol, lima. does it tell us what, what you're seeing, where you are? well lauren. oh, we are in a ravine called leo, sickle air, which translates to dry river, but that's exactly the opposite. what happened here where tons of mud and debris tore through this community twice yesterday and the day before yesterday. and it's
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a forty's half confirmed already that there was one person at killed and another person has disappeared. and it's, it's quite a miracle i have to say because the devastation that we have seen here all the way up the hill. there are hundreds of homes that are totally flattened, very poor people live here in their homes. most of them the ones that have been most destroyed are homes made of cardboard, and wooed and tin. and so these are homes that have been completely taken by the rivers of mud. ah, but in a way, it's quite a miracle that people and that's there's only 2 people. one dead and one disappeared because it happened during the daytime and people were able to call the alarm and people ran towards the hills with, with small children, old people,
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even people with a, with crutches and in, in wheelchairs they were able to save themselves. but but the devastation here is tremendous. authorities have told us that at least 1000 homes only in this ravine have been destroyed. what have what has survived, if you will, are the homes made out of brick? ah, but it most people have lost all of their belongings and many have been taken to the center of it as of the district i've seen a year. where are some tents have been set up? is the mayor as, as he knew, he had told us that there are about 300 families that are now there. and they of course, are getting donations from neighbors, the donations of water, a food. and also there's been a deployment here of soldiers. there's been the army here, a for hours we've been seen soldiers going up and down the heel,
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bringing water and, and rice and flour, sugar a notice of and food for, for the people here. of course there is, there's no electricity here and, and of course there is still the danger because it is still raining, way back in the highlands that there could be another mudslide. and people of course, are very, very nervous of what's to come in the next few hours. lauren marianna sanchez at live in perry 1st. thank you very much. deed riots have been breaking out in cynic all's capital deca. after opposition leader rushman sancho appeared in court. the trial was adjourned, but purchase continued, because hak reports from deca anger in senegal capital from supporters of opposition leaders munson could have been fighting with security forces. schools and shops are shut as a violence in looting spread from one neighborhood to another. the accused
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president mikey, sell of using the justice system to eliminate political opponents and cling on to power of his olive. won't you won't, then i got re elected mucky cell to work nuts, to establish a dictatorship. he must leave sancho alone. if he does not, we will burn the country into like a girl. and in this heavily guarded vehicle is sancho on his way to a trial that could end his political aspirations. he's charged with slander. after he accused estate minister of corruption, if convicted, he cannot contest the 2024th presidential elections. as crowds gathered security forces for sancho out of his vehicle. he says he was injured in the scuffle. the judge, hearing his case, has adjourned the proceedings because of suncoast injury. but the fighting on the streets continues. moments ago, demonstrators stormed this supermarket in an upscale neighborhood. they try to take drinking water, rice, vegetable or so much of these riots are driven by people who feel left out by the
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government. despite a booming economy, inequality is growing. what's going on in senegal is goes beyond swanson co mackey . so we have been on a roller coaster in tom's off polarization, in terms of exclusion, in terms of predicting and closing of to the expansion. the cold cases is rising political tension and deepening a sense of injustice among those feeling alienated by the state. but wanting to get their voices heard. nicholas hawk al jazeera, de car. mexico wants us based gun manufacturers to be held responsible for the trafficking of weapons across the border to drug cartels. in september, us, john dismissed a $10000000000.00 lawsuit. but mexico is now appealing that decision. in its original complaint, mexico claimed about 2.2 percent of nearly $40000000.00 guns made each year in the
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u. s. a smuggled over the southern border, mexico's ranked furred globally for the number of gun related deaths. it says the smuggling is a key factor behind that statistic. the arms control association says that from 2015 to 2021. at least 140000 civilians were killed with a firearm in mexico. or johnson. larry is the president of global action on gun violence. he's the counsel for the government to mexico, new to gun industry lawsuits. he's also helped when court settlements victims of gun violence. he joins me now from denver, colorado and united states. thanks very much for being with us. so the judge in the 1st case brought by mexico dismissed the case. what, what grounds are they appealing on? well basically the only grounds to dismiss the case was, according to the judge of there's a special law that there was an acted by the u. s. congress that gives a gun industry protection from lawsuits that no other industry in america has. in
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fact, we're not certain if there's any law in the world that protects an industry like this law. and so that was the judges grounds. we believed that was an error and we think that that law does not apply to this lawsuit. and even if it does that, we come under exceptions and so should be able to proceed and say if the legal in the legal route is successful, what, what would impact pay to think? well, it's huge. i mean, the us gun industry supplies virtually all crime guns in mexico and they do it through these irresponsible practices where they allow traffickers to buy dozens of assault weapons and sniper rifles and bring him across the border. and if we can prevail in court, batt can force the industry to enact some safe responsible sales practices, and will also make them pay for some of the damage that they're causing,
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which will incentivize them to act more responsibly. and if an eagle avenue were to fail, what other options would that be to try and tackle the problem? well, mexico is totally committed to doing everything it can to protect its people and to prevent the flow of crime guns into the country and then arm the cartels, the cause harm on both sides of the u. s. mexico. order by the way. so certainly everything is on the table and mexico is looking at human rights actions. there's also a 2nd lawsuit that we're a prosecuting and arizona against gun dealers. and there are other options as well and certainly demanding that the u. s. crack down on the gun industry, which is extremely important at old dominion e. s cracked down gun in ship. as you've alluded to, the gun lobby in is
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a powerful in the states, and is that getting us in likely to make any difference? well, i mean, certainly that the biden administration has a different view than many in congress and by administration just the other day. now, some executive actions and present biden has said repeatedly that he wants to hold the gun industry accountable. so there certainly more that can be done there at the executive level that does not need congressional approval. jonathan larry, thank you very much indeed for taking time to talk to. thank you. my pleasure. now in a significant diplomatic breakthrough, south korean president units, he'll kill and japanese by means to whom yaki shita have met in person. and he does aim to tackle regional challenges and resolve, longstanding tension between the nations from mcbride reports from. so the landmarks summit between south korea and japan comes at a time of increasing regional challenges for both nations. just
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a couple of hours before you, scipio departed on the 1st bilateral visit by serving south korean president to japan. in 12 years. north korea launched a long range missile in the same direction. the weapon was confirmed as an intercontinental ballistic missile of the kind north korea has been developing and showing off at military parades in the past couple of years. video released by the japanese air force shows what seems to be a missile coming down after re entry into the atmosphere. the launch comes in a week that marks the start of annual military drills between south korean and us forces that will include large scale field exercises. washington wants to see closer relations between its to east asian allies, not only as a counter to north korean threats. and the growing military might have china, but also to maintain that technological edge in the production of strategically
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important semiconductors. we've come bit, we have confirmed the importance of vigorously promoting security cooperation between japan, south korea, and the united states. japan announced it's lifting export curbs on materials needed for high tech manufacturing, imposed during the recent spat with south korea. president noon is trying to restore ties that have salad considerably in recent years. but in south career, it's a highly controversial move relations have been scarred by decades of colonial rule from tokyo during the last century, which culminated in atrocities committed by japanese troops in world war 2. weekly protests still held against the enforced use of so called comfort women and military brothels. and you and has proposed settling the issue of koreans forced to work in war time, factories by compensating victims from
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a voluntary fund. instead of finding the japanese companies involved a bold offer, seeming to prove units, sincerity, and strengthening ties uphold already to johnson going forward, we will continue to actively communicate and co operate through shuttle diplomacy meeting as often as necessary, regardless of formulas. okay, now got, but opponents back in south korea accuse him of a diplomatic climb down in this deeply troubled relationship. rob mcbride, al jazeera, so japan is hosting a defense show where a joint fighter jet project with the u. k. and italy is due to take center stage. the asia pacific region is witnessing a rapid military build up with several countries, including japan, increasing their defense budgets. george louis has more. this is more japan's next generation. stealth fighter will look like. it's
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a joint project with the u. k and italy, marking japan's 1st major military development with a partner other than the u. s. since world war 2 and less say security considerations in the region are changing, driven by 2 main factors, prompting countries to rethink the defense strategies. from 1st, the main challenge assumes to me is north korea is continually testing a ballistic missiles and violating un sanctions. ah, because that's an unstable situation at any time. second is really the great power rivalry. the intensification of i call an action reaction engagements between china and the united states, momentarily. asia pacific is where the economic and military rivalry between the u . s. and china is being played out. the u. s. has been challenging. china's expansive and increasingly assertive claims in the south china sea, with what it called freedom of navigation operations. china's military and
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political pressure on ty, one to accept chinese sovereignty has also increased tensions in the region. we now back to the normal, more history where the will least of all are into competing quite powers and complete power blocks. and that's what we're saying in the pacific region. it's never that competition is inevitable. conflict or war is not inevitable, but it's more of a possibility i think, going forward and it has been looking backwards. the growing jo, political uncertainty, has seen countries unveiled new strategies for the region that includes a strategy as new security and technology packed to the us and the u. k. it's also set of an arms race, as country seat to modernize their weaponry, but not everyone believes military might, is a useful deterrent at the defense show in tokyo, anti war protesters have a clear message. now, one important thing for stopping the words and conflicts going on now is getting rid of weapons that message unlikely to be heard in the corridors of power.
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florida louis algebra. tens of thousands of farmers in india have been marching to mon bye to protest against a huge drop in onion prices. yeah, they're demanding government compensation for their losses in onion crops. but you don't get me to walk, begun in the city of messick, in her austria state. the government claims a surplus in production for the fallen values. india is the world's biggest exporter of onions. tourism has just started portugal, the economy since the economic crisis in 2008. but it also created a crisis of another kind affordable housing has become scarce. that actual name reports on what the government is doing to addresses. portugal has become the vacation destination. last year, more than 15000000 people visited and this year experts predict
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a 33 percent increase in tourism. well, that's help the economy of one of the poorest countries in western europe. it's also pushing the pour out of their homes, gather viscous flock. are that been said each time i wake up, i think is if the day i leave o stay here, it's really sad because with my salary, i can't afford a house. on my end, georgina sa malice is being evicted, like half of the portuguese population, she earned less than $1060.00 a month last year. taurus in need of short term rentals and foreign investors have contributed to soaring rents and housing prices and increased mortgage rates. it will look at it in lisbon. a grass roots organization is fighting to ensure people have access to affordable housing, not stopped. god miss visits from them in that the fundamental things are to stop gold incentives creating premium markets for wealthy people that come to invest in
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real estate in political, to regulate and control rance to lower rents, which is key and to stop evictions if there are no suitable housing alternatives. the government is proposing a number of measures including capping rent increases lowering taxes for people who sign permanent rental contracts and increasing them for those who opt for a short term. what it's also considering ending it's popular golden visa program for wealthy non europeans that helped bring in investment. critics say the government is sending a dangerous message that foreign investment is no longer welcome. no want him. she mentioned that on this, you know, english. we want to believe that the goldman does not want to ruin the country because strickland the main central, the economy is to rule the country. so while the portuguese ever met determines how best to balance the need for affordable housing and for an investment,
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did the home side against the portuguese opponents in the 1st half granite chucker, the man without opening goal for mccullough testers message, but sporting him back in spectacular fashion. how's this for an equalizer? from pedro gonzalez? it's $33.00, on aggregate with extra time, imminent, romer, or close to advancing through the quarter finals. they'll go loose with rail sauce it out in the closing stages of that match. a 2 no 1st league when ensuring the city our club should advanced to the next round. manchester united have advanced to the euroleague law. 16. they defeated, rail betters. one mill in the 2nd leg encounter in spain. united at one the 1st leg for one to give themselves a handy advantage. marcus, freshman's gold. ensuring a 51 aggregate when and you've entered. we're 2. no winners away from home at fryeburg. the city are club. hell. the one goal advantage from the 1st leg. thanks to do st. lovick and federico keys are the famous italian slide progress 3 now on
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aggregate fee for president gianni in fancy know, who has been re elected unopposed for a 3rd term. well, the formalities were completed at the 73rd fee for congress in kigali rwanda. it comes after fi for confirmed the next $4018.00 woke up. we'll have 104 games. and the club world cap will be expanding to. this has been met with criticism in europe and infant tina is promising record revenues. so from 6.4, which became 7.5 in the last cycle, we go to 11000000 u. s. dollars. and actually the new global copies even not included in that. so i think this figure will increase still by at least a couple of millions. european club football takes a break next week for euro qualifies to take they san there's been a surprise cooler for sweden 41 year old latin abraham, of which has made the spot a year of his last appearance for his country. the ac milan forward has been out of
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action for much of the season because of a knee injury. and there's no guarantee he'll play against belgium or azerbaijan. later this month the women's boxing will championships have begun in india, but a dozen countries have boycotted the event. that's because athletes from russia and bill roots are competing with their flags and anthem's, the international boxing association, which is led by a russian businessman, lifted the band last year, going against guidance from the international olympic committee, which came in following the invasion of ukraine. we spoke to eve angler and activist and author in toronto, who questions the logic behind banning rush and belarus from sports events. i'm okay with it if there's a consistent principle. so were us athletes band after the u. s. invaded iraq, 20 years ago, where canadian athletes band, after canada led the nato bombing of libby in 2011. the answer is no. so it seems hard to me to believe, to understand why the athletes from those countries are calling for
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a russian rebel or russian band. at this point. i think the russian war in ukraine is illegal, is brutal, but i wouldn't compare it to what the us did in iraq. russia has far more security justifications for what is doing in, in, in ukraine. again, i don't know, i don't agree with it, but there is at least some, some understandable justification. the u. s. one half way across the world to invade a country with absolutely 00 thread in any way to the u. s. and killed hundreds of thousands of people. now with regards to israel, palestine, i think it's slightly more complicated. in that case, we're talking about, you know, 75 plus years of dispossession. occupation that almost all the world considers we go for more than half a half a century, constant destruction in gaza. the dynamics are slightly different, but i think that the, what israel is doing to the policy and people is certainly on par with,
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with what with rushes doing and ukraine. and again, not even a mention, i don't know any canadian journalists, not even a one column. raising the idea that israeli athletes should be banned from international competitions. tokyo lympics till the middle of raven saunders has been banned for 18 months for violating anti doping roof. the 26 year old american shore person caught the eye in 2021 with her green and purple hair and joker mosque . she's been punished for missing 3 tests, but is not tested positive for band substance. she'll miss this is will the critics championships, but will be back to compete at the paris 2024 and then picks to time will baseball classic champions? japan of power their way into the semi finals. they thrashed italy 93 earlier and they call to final in tokyo consumer o, camacho and masako yoshida hit home, runs for the japanese who have booked the final 4 meeting on monday in miami. they will face either mexico,
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puerto rico play on friday. the united states remain on track to defend. they will title mike trump driving 3 runs in phoenix as they be columbia to reach the call to funds the usa will face venezuela in the law. states will even if an animal sports needs later. lauren, peter, thank you very much. didn't and that's it for me, aren't ada? first news i, i'll be back in just a couple of minutes with more days news. thanks so much for watching. i forgot. ah ah
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a week to look at the world's top business stores from global markets and economies to construction and small businesses. to understand how it affects our daily lives. counting the cost on al jazeera talk to al jazeera. we are who is really fighting this world, russia? is it wagner, or is it the russian or military? we listen, we started talking to me on my own, so that this be at your citizen, you shot, pick them back. we meet with global news makers and talk about the stories that matters on al jazeera. ah, 11 us banks will step in to help struggling regional and the 1st republic.
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