[000:00:00;00] a body does me, it makes me happy. makes me feel those i was with me the strength of the world's biggest gambler, losing tens of billions of dollars a year, one on 18th. investigate with friends gambling addiction on out of the euro. ah,

stocks rally in the us as a group of private banks announced a $30000000000.00 rescue package for 1st republic bank. ah. carriage wants to mrs. out, is there a law from dough also coming up? or protested france after president macklin bypass his parliament to push through controversial pension reforms. rescue a search for bodies in malawi cyclone. freddy kills more than $300.00. 20 people is president, is appealing for global support. and reformed poachers who are now helping to save endangered sea turtles in the philippines. ah, of the days of market term, all coordinated efforts are being made to ease phase of a global banking crisis. emergency funding provided to us bank 1st republic. so

stocks end the day higher. first republic had fallen nearly 70 percent in last 2 weeks. 11 banks have banded together to deposit $30000000000.00 in the struggling lender. it comes hours after the swiss central bank offer the $54000000000.00 lifeline to boast at credit suisse as the 1st emergency health offered to a major global bank since a 2008 financial crisis. of despite the uncertainty, europe's central bankers stuck to a planned interest rate hike of half a percentage point. that's part of an ongoing battle against soaring inflation. the u. s. treasury secretaries as a pit before a 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 depositories of the 2 field 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 protection is provided by the deposit insurance fund, which is funded by fees on banks, or rob reynolds has more from outside the branch of 1st republic bank in los angeles. fear is a very contagious staying, and investors are fearful that this lack of confidence in banks and, and bank failures could spread the bank behind me up. by the way. we're in beverly hills. this is just the richest neighbourhood in los angeles. it may be in the united states, maybe the world, and this bank 1st republic was known as a bank that cater to wealthy individuals. so those wealthy individuals began to feel queasy when they realized that the bank has so many about 67 percent of its

deposits. were uninsured, in other words, they were covered by the government insurance scheme that a janet yellen, what we just heard a speaking about. so they began withdrawing, putting their money into bigger, more solid banks. and now that those banks have joined together to give a resounding vote of confidence. not only in 1st republic, but in all other small or medium sized or regional banks. that's what the hope is that that'll quell the jitters stem. the contagion give people a little bit more peace of mind that their money is safe. to a baker from a columbia business school says the problems with the american bank so different from those facing at credit suisse. there's been a lot of publicity many much bit misleading about us banks. the, the banks that didn't get back or got in trouble was silicon valley bank. and there were

a good reasons that it was deem problematic. it has done some things that liability management were which weren't effective. but once a psychology is capture and people focus not so much on the individual institutions and their safety and soundness. but on the question of who has the most out of your deposit leads to some irrational but understandable behavior? a fear? the interesting thing is in the u. s, i think this is subsiding, and what's going on in the you particularly around accredit suites is really an entirely different problem. credit suisse has been a sick man of the banking for many, many years now. and it's problems preexisting will will post date whatever's resolution. we come to with respect to these regional business banks in the u. s. there's going to have to be a rethinking of how we treat backgrounds. because i think the digital age is made it clear that they can happen faster and more sharply than in the past. so everything will be going on by all level regulators, and in particular, the u. s. has to come to terms with whether it really wants to less significantly

large banks fail, or whether it's going to try to extend deposit insurance to more broadly, to customers in the business side. as well as the individual side. french police have again that class to demonstrate his opposing pension reforms in paris and across the country. tear gas was fired at thousands of people in the capital area. the government forced controversial pension reforms through without a vote in parliament. the changes res, retirement age from 62 to 64. it's ashley butler reports from pears. oh, it wasn't the outcome. the french government wanted, but without the parliamentary majority, but decided to force his pension reform built for 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 can not 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 and erosion work has rights and also angry for plans to raise the retirement age by 2 years to 60 to demonstrate as he gathered outside the parliament st. they'll continue to fight. oh, so 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 force of through incomplete, undemocratic manners. but that won't her, that want her, him to be resolved to pursue the fight. that's why you're here today. and that's why the fight will continue to morrow. forcing a bill through the parliament by decree is legal under the french constitution, but it is a course of action seen by many as a failure of politics. acting outside the national assembly,

france is hard left leader said the government didn't care about people who are gonna chew up occasionally. god, i find it significant and symbolic that for a 100 time the government use a decree to bypass the will of the people. we must coordinate with the unions and do all we can to have his law withdrawn. reforming the pension system was one of presence emanuel macros campaign promises. he says, the systems outdated, costly and unsustainable for future generations. in the end, he will have succeeded in changing it, but at a cost to his political reputation. natasha butler. i'll just sarah paris. oh, i knew k government and healthcare unions have agreed to a final pay offer which could en, strikes affecting the national health service. your for teens, representing nurses and ambulance workers includes additional pay from next year. unions have already voiced mixed reaction to the offer,

which does not cover junior doctor's will. so striking will always president has appeal for global support. days after tropical cyclone hit, southeastern africa, the countries commercial ha blanton has seen the most damage with flooding and mud slides. these 326 people have died and hundreds on missing from the miller has more . this is milan, joe, west, just outside of the commercial capital blan tire. we infrastructure such as roads, telephone poles, as well as electricity poles have been completely destroyed. now this road behind us is a gaping hole, and people have placed logs across it so others can cross. but they can only cross if they can pay people who placed these polls here, a charging and not everybody has the money to use this, make sure bridge. they don't have the money. they have to you as an alternative route, which is far more dangerous. now people are using those logs to move everything from food to water, bicycles, motor bikes,

as well as bits and pieces from destroyed homes like window frames. they're trying to get across to mylanta over the bridge just ahead of us and even then that's covered in debris. well, m allow his presence last was chuck, leora told al jazeera that's his country needs international assistance. mallory is a state of morning and we're do have needs that we almost have to have now and i've been to many of the devastated places i have met people in camps and i have witness the barrier of so many people that have died. one, we need our more medicines, we need tents, we need equipment that can i help climate change is real. and what we are having to see now is

a devastation and seen before this time you 13 months, 3 devastating psych loans and we're trying to do the best we can pull ourselves by boat drops. it cannot happen with that international help. the clean up operation is on to way in parts of peru that have been devastated by cycling jacket, landslides have buried homes and mud, leaving thousands of people homeless. these 6 people have died in the past several days as a result of torrential rains. 5000 soldiers have been deployed to flood hit regions to support emergency operations on a sanchez has more from this in the gear region near the capital lima. we are in a, in a, in a ravine called real circle, 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 in the forty's half confirmed already that there was one person 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 10. and so these are homes that have been completely taken by the rivers of mud. the chinese owned app pick talk will be banned from government phones and new zealand over security concerns latest country to enforce the ban on the app on devices linked to official accounts. u k u s the

e u and canada have introduced some of those bands have been criticized by beijing . well, set a head on al jazeera, the leaders of japan and south korea needs the 1st time in 12 years. will tell me what came out of those talks that white portugal is about to end this and want to visual golden visa program. ah i, we must look at the eastern mediterranean once again. and particularly turkey, which is, you know, has recently provided unwelcome, significant rain over the earthquake area and it's back to the same again. the whole system is one to get with a cold wind coming out the black sea. turning back up towards cyprus, the heavy rain concentrates in the south and the whole system will be going slowly

eastwards between friday and saturday. now at the same time that is the most active weather in the area, we've got a bit of a breeze coming down the golf, tucking into the empty co to be at the sand and increasing the likelihood of thunderstorms in the mountains or southwestern saturday or west of yemen. here is saturday, his confirmation not wet. weather goes into some turkey. the wooden parts of syria as while to write down the levant as well. it's going to be rather wet and for some quite windy and yes, the potential for floods reappears, chows pottery, thunderstorms in riyadh, the breeze not particularly strong than the gulf 29 degrees. doha, welcome news. i think for ethiopia in particular, somalia, a hint of significant rain, and this is lasting for a few days now. it's been heavy rain for the west in tanza, deer, and uganda that could be repeated. however good news from allowing you can no longer see freddy, the rain is still there, but not as heavy. ah,

with join the debate, we know that the sector seems empowered by wednesday. the government, unstained by the vailable have meant to day they are to government africans. count security is also global. help security on an online at your voice. there is no right to defense. there is no right to protest. we can't just keep relying on aid. there has to be some work towards a sustainable economy at the end of the day. it is ordinary objects that are paying the price. this tree on al jazeera ah ah, the washing out as a reminder about top stories now off the days of market time, all efforts to ease fairs of

a global financial crisis are on the way. rescue plans have been offered to 1st republican credit suisse banks to reassure markets. protests have broken out in paris off the french government, forced through controversial pension reforms without a vote in parliament. change is res retirement age from 62. to 64. will always present his appeal for global hell posture. tropical cyclone hit the east of southern africa at least 326 people who died. hundreds of missing mud slides and severe flooding disagreements continue over the downing of a u. s. reaper drive that american official say came into contact the russian fighter jack over the black sea. the pentagon says a video, it's where the east proves its version of events. russia denies acting recklessly tactical. here as the latest from the pentagon. the pentagon believes this video will end the debate, the view from the m q, reaper official, say this shows

a russian su $27.00 fighter jet, dumping, jet fuel on the drone. then another jump. the video cuts out, coming back to show a damage propeller blade. the video doesn't show where this was, what happened in the minutes before it or the blade been damaged. but russia says it's fighters had no involvement with the damage drone that was brought down in the black sea. us officials have been using very careful language to not escalate the incident. the pentagon spokesman told reporters why they have released the normally classified video. i think that our words and our actions speak for themselves and similarly, rushes, inaccurate information, false information, observation, grasping at straws, changing narratives also speaks for itself. but experts believe there is a broader reason the world is seen this. now. i think it just is an attempt to keep demonstrating unambiguously that rushes the aggressor both in the broader war but

in the tactical engagement we just experienced with the draw. and so there can't be any duplicity on that front. i think the goal is to make sure russia remains seen as the pariah and the aggressor in this conflict. and on capitol hill. another top military officer testified thursday that they are seen more aggressive russian military actions in syria. they fly over our bases with ground attack aircraft with, with weapons on them in an attempt to try and be provocative. but really, it's unsafe unprofessional, not what we expect of a professional air force. they want to try and renegotiate the deacon function protocols that they violate every day. this is not new. rush and behavior. is it sir? it especially with regard to the drone incident that we recently seen. it's not new, but we have seen a significant spike since about 1 march in syria. a russian official accused the us of to distract from its financial crisis on russia declared part of the airspace off limits since the start of what it calls its special military operation in

ukraine. the u. s. says it's going to continue to fly in international waters while this is the 1st or contact between the us and russia. it may not be the last particle. hain, al jazeera outside the pentagon. poet and has become the 1st of ukraine's allies to commit to sending fighter jets while his present. andre, do the says warsaw will deliver for make 29 jets in full working order in the coming days with more to come. once they are checked, ukraine has been asking western allies for jets the months to help its defense of efforts. when a significant diplomatic effort, south korean at preston's units took, you'll and japanese prime minister from your casita come together for a crucial meeting. and leaders aim to tackle regional challenges and resolve long standing tensions between their nations. from abroad reports who saw the landmark summit between south korea and japan comes at

a time of increasing regional challenges for both nations. just a couple of hours before you and 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 it's to east asian allies, not only as a counter to north korean threats. and the growing military might of china, but also to maintain

a technological edge in the production of strategically important semiconductors. we come bit, we have confirmed the importance of vigorously promoting security cooperation between japan, south korea, and the united states. japan announced its 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, in military brothels. and you,

and has proposed settling the issue of koreans forced to work in wartime factories by compensating victims from a voluntary fund. instead of finding the japanese companies involved, a bold offer, seeming to prove uni sincerity and strengthening ties, a priority to john allen going forward. we will continue to actively communicate and cooperate the shuttle diplomacy meeting as often as necessary, regardless of format. little cannot, but opponents back in south korea. accuse him of a diplomatic climb down in this deeply troubled relationship. rob mcbride, elgin's era, sol, north korea has released images of thursdays launch of its largest intercontinental ballistic missile. the hustling 17 st media announced the drill was to demonstrate a tough response posture to ongoing south korean and u. s. military drills. the massage was fought into the sea between the korean peninsula and japan is believed to have the range to potentially target united

states or semi goals capital dot com. i have seen it the 3rd day of writing off the opposition, the those months tonka was pulled from his car by security forces, new school to to court. his chargers lounging, a government minister, the trial was adjourned, but protests continued. because hot reports from deco anger in senegal, capital, other supporters of opposition leaders munson could have been fighting with security forces. schools and shops are shut as violence and looting spread from one neighbourhood to another. they accuse present mikey cell of using the justice system to eliminate political opponents and cling on to power of his. i live alone in you all is then i got, we elected mucky cell to work nuts, to establish a dictatorship. he must leave sancho alone. if he does not, we will burn the country, wouldn't you like a girl right 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 a state minister of corruption, if convicted, he cannot contest the 2024 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 sancho insurance. 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 government. despite a booming economy, inequality is growing. what's going on in senegal is goes beyond swanson co. mackey's happy half been on her own acost, in terms of polarization, in terms of exclusion,

in terms of the left clicking and closing of to the cold cases is rising political tension and deepening a sense of injustice among those feeling alienated by the state for wanting to get their voices heard. nicholas hawk algae 0 to car. my son, a funeral has been held for one of for palestinians, killed by israeli forces and occupied west bank on thursday. thousands turned out to mourn. the man killed in an operation carried out on under cover is really unit in a busy shopping area. one of those killed was a 16 year old to others haven't identified as leaders, a part of stinging group known as the janine battalion. tourism has jump started to portugal, the economy since the economic crisis since 2008 was also created the crisis of another kind as affordable housing has become scarce. professor, the name reports on what the government is doing to address the issue. portugal has become the vacation destination. last year,

more than 15000000 people visited. and this year experts predict 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, get the 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 house. on my end, georgina somalis 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. no stopped got miss visits from them in that the fundamental things are to stop old incentives,

creating premium markets for wealthy people that come to invest in real estate in political, to regulate and control rance to lower rents, which is key, and to stop evictions if they're unknown he to po, housing, alternatives them into 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 one. 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 wanting, she mentioned to us, you know, english. we want to believe that the government does log on to rule the country because to cool the mean sector of the economy is to rule the country. while the portuguese government determines how best to balance the need for affordable housing and for an investment,

evictions could continue forcing more people into sheer te, towns like this. natasha named al jazeera in the northern philippines. reformed sea turtle. poachers are now helping to save the endangered animal. local nonprofit group has been paying them to use their hunting skills to look for nests. so hatchlings can be released safely. icon to the ocean on a boiler as a store. ah, johnny malloy. guy searches for sea turtle nests in the middle of the night. he says the tall waves of loan yawned in northern philippines, crashing into the cold, silent darkness, making a deal for hatching. john, his family has been hunting for generations level that they none pool. i know my grandfather used to hunt for sea turtle eggs on the beach now. he would just steps made by mother she thought else he hadn't been asked to follow him around. so i

learned with him dinner on babylon. those eggs would be eaten or sold, but johnny no longer hunts for commerce or consumption. he's now one of the many poachers, turned sea turtle patrollers in his town. they work with a local conservation group, coastal underwater resource management actions are kerman, the turnover eggs, which average a 100 in each desk for which they can make around $40.00. previously, when we 1st got into the communities, we had to earn their trust. and he took some years to roll them. nowadays, when we have releases, you'll see the local lenders come out and call the children and explain to them how the see their dos are our partners. and i am a guy that he stamp while we got sea turtle hatchlings are also helping fuel the local tourism industry. sunset releases into the ocean had become quite the spectacle. while the program here loan has been successful poaching of sea turtles and there and continues in other parts of the country. in january, 8,

men were arrested were illegal possession of 15 dead sea turtles. the sea turtle was the victim of poaching, as well as being rehabilitated by chroma. the organizations founder carlos to maia says only a fraction of hatched links make it alive when left on their own. these sea turtle eggs were found by a fisherman, but they've been crushed between waves in a sea. well. so that's also one of the reasons why we transferred them into the hatchery. you know as much this weekend we'd like to find a nest and put them in land. higher ground, you know away from my the tides. since 2009, a chroma has released more than 33000 hatchlings into the ocean. the goal is a 1000000 by 2030 carlos hopes to replicate what they do in the rest of the philippines. home to 5 of the worlds 7 endangered sea turtle species. barnett below al jazeera though known northern philippines.