Skip to main content

tv   News  Al Jazeera  March 17, 2023 8:00am-8:31am AST

8:00 am
oh, on a recent february day, central park in new york city, you never have guessed it was right smack in the middle of winter. look around, people are dressed like it's spring or summer. wait, hold on. where is the snow ever seeing new york in february like this? never a new reality, perhaps with new yorkers, 1st enjoying the warm weather, but now beginning to ask themselves, will it ever snow this year? because this isn't normal, they probably don't even need to be wearing this jacket right now because it's mid february and it's supposed to be cold. but it's not ah, the us tries to contain phase ever a banking crisis with a $30000000000.00 rescue package from
8:01 am
a private banks for 1st republic bank. ah, we watching out to sara and carry johnston also coming up more protests in france, south the president. my crohn bypass is parliament to push through controversial pension reports rescue a search for bodies in malawi, off the sy clone freddie kills more than 300. 20 people is president, is appealing for global support on the reformed poachers who are now helping to save endangered sea turtles in the philippines. ah, off the days of market turmoil, coordinated effort sobbing, made to ease phase of a global banking crisis. major u. s. private banks have been pumping billions into california based lend. the 1st republic just stays off the collapse of silicon valley bank or by nose has more not
8:02 am
from the centuries. california based 1st republic bank got a 30000000000 dollar rescue package from the country's biggest financial institutions. the small bank, which specialized in catering to ultra wealthy individuals, had many uninsured deposits. nervous customers began withdrawing money rapidly after 2 other mid sized bags failed in recent days. first republic is an interesting sample of industrious, i think, anticipating a problem where none exists, but the very anticipation and they draw down their deposit base. i put the bank at some degree, aggress, banking giants, j. p. morgan chase city group, bank of america, and wells fargo agreed to deposit $5000000000.00 apiece in 1st republic with other banks supply smaller amounts in a joint statement, the big bank said their rescue plans showed their confidence in 1st republic and
8:03 am
banks of all sizes which they added are critical to the health and functioning of the financial system. are pretty jar, jovial group treasury secretary, janet yellen tried to convince congress and the public that there is no cause for panic. while my lead, i can reassure at the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week's actions demonstrate our resolute commitment to ensure that our financial system remain strong and the depositors savings remain safe. will the private sector rescue and public sector rhetoric be enough to quell investors? queasiness stock, market indices, closed hire one sign the strategy may be working. but analysts say there is real fear in the financial sector. the shareholders are at risk,
8:04 am
as was noted the 1st republic shares sword at the news of the, of the rescue, but then they plummeted and after hours trading. and i, i think we can see that flawless tillery continuing for a while. in other words, buckle up. it's going to be a bumpy ride. rob reynolds alger 0, los angeles, europe central bank has raise interest rates by half a percentage point. the aim is to curb inflation and the height comes amid the time while in the banking sector. some questioned whether the e c. b would go ahead with the move of the failure of to us banks and his credit suisse shows tumbled on wednesday. however, those shares rebounded on thursday when it announced it with borrow up to $54000000000.00 from switzerland central back. the c b says york's finance sector remains resilient. what are baker from the columbia business school says the problems of the american banks are different from those facing credit suisse.
8:05 am
there's been a lot of publicity many much bit misleading about us banks. the, the banks that significant banker got in trouble was silicon valley bank. and there were a good reasons that it was deemed problematic. it has done some things in the past 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 uninsured deposits, it 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, in the you particularly around accredit sweets 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 and will, will post date, whatever is resolution. we come to with respect to these regional business banks. in the u. s. there's going to have to be
8:06 am
a rethinking of how we treat backgrounds because i think the digital age has made it clear that they can happen faster and more sharply than in the past. so a lot, everything will be going on by all level regulators. and in particular, the us 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 reformed through without a vote in parliament, changes res retirement age from 62 to 64. fashionable reports from parents. whether didn't it wasn't the outcome the french government wanted, but without the parliamentary majority decided to force his pension reform built
8:07 am
for parliament by decree. a controversial move that infuriated some lawmakers and met 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 street protests and strikes against the reform led by frances trade unions to states and erosion. workers rights. i will say angry over 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 course. it's through incomplete, the undemocratic manners. but that won't do that won't her hinder all resolved to
8:08 am
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 which was on actual vacation. god. i find it significant and symbolic that for a 100 time, the gum and used at a cree to buy paused the will of the people. we must coordinate with the unions and do all we can to have was 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've just sarah paris o. o u. k. government and the health care unions have agreed to
8:09 am
a final pay offer which could, en, strikes affecting the national health service. the offer to you was representing the nurses and andrews. this includes additional pay for next year. unions have already voiced mixed reaction to the author, which does not cover junior, dr. so or so striking will always president has appealed for global support. after tropical cyclone hit, the east of southern africa countries commercial ha blanton has seen the most damage. the flooding and mud slides at least 326 people have died and hundreds are still missing. from it. many reports from planter 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 ta cura, they have to scoop water out of grave puts before laying the victims to rest. more than 320 people have now been confirmed dead and thousands more. missing,
8:10 am
after the cyclop tore through southern africa for a 2nd time in weeks. outside, below is 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. while his governments been 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, who have been rendered homeless. they don't have food, they don't of clothing. they don't are val what duckling water. so it's it in
8:11 am
a bad we, we, we, we don't even know what 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 in 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 a quarter focused on has rejected the former prime minister m o cons plea to suspend an arrest warrant issued against him. the decision sparks phase fresh compensations between police and com. supporters. on tuesday and wednesday, hundreds of supporters for to security forces outside his home in the for preventing his arrest. the warrant was issued after con, failed to appear in court on charges of norfolk southern state gifts. while he was
8:12 am
in power, he faces multiple legal cases and denies. all charges will come out high. the joins us live, not from outside iran, cars house in the horse to come out. what's the latest there on the ground over the ongoing saga? well in day to day that saw got started on day of march, remember on, on saturday would need to be for riley. and the day of the whole, the government import the band on bradley. i think that go to deacons. done. and that of course, later on, next got phone with the border and then the relief and started day in dire crisis up with jim ron got a call it all dr. lee. but if you can see the scene outside the road, the adult button, hundreds of bits of borders are still half. as the day goes, dawn day will be more the borders coming and the entire focus of the local media.
8:13 am
read it at the international media is on this story. tensions have been running high and just about 10 minutes ago the deadline and right now the whole hi gord issued an order to the police not to carry out any operation outside them on, on the extended day. no garage has now run out 10 minutes ago in the meantime, the police still had water and the judge did not entertain the plea of such spending. that the leader of the bargain that he can solve him. ron ron says that there is. 3 3 that there will be a door to door job. he had already killed the government of getting out the door toward job again, some of the need that directed by the government. and he also said that there may be in the nation that damned on them had already been won. so and did that take the high i did not clear that i'm wrong on before that for tomorrow. him says,
8:14 am
all way to the police where once again we're down under the resident. direct can come to live in the hope for us there. thank you. senegal is a capital deca has seen its 3rd day of ra. it's hang off to opposition. that leader was spawn, sancho was pulled from his car by security forces and escorted to court. he's charles was slandering a government minister. the trial was adjourned, but protest continue. it was hot reports from data. anger in senegal, capital program, supporters of opposition leaders months zonker have been fighting with security forces. schools and shops are shut as a violence in looting spread from one neighborhood to another. the accused president mikey, sell of using the justice system to eliminate political opponents and cling on to power my resolve loan and you're more than a guy we elected mucky cell to work, not with stablish a dictatorship. he must leave sancho alone. if he does not,
8:15 am
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 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
8:16 am
. so we have been on a roller coaster in toms off polarization, in terms of exclusion in terms of electric ting and closing of civic flow. the crude cases is rising political tensions, 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 cart still to come here on al jazeera, poland pledge to ukraine for mega byte objects to be delivered in the coming days. leaders of japan and south korea meet the 1st time in 12 years. will tell you what came out of those tools. ah, we must look at the eastern mediterranean once again, and particularly turkey,
8:17 am
which as you know, has recently provided unwelcome, significant rain over the earthquake area and its back to the same again. the whole system is wanting to get with a cold wind coming out the black sea, turning back up to what cyprus, the heavy rain concentration, 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 corridor, picking up the sand and increasing the likelihood of thunderstorms in the mountains of southwestern saturday or westward yemen. here is saturday, his confirmation not wet. weather goes into some turkey, golden parts of syria as well 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, possibly thunderstorms, in riyadh, the breeze not particularly strong down the gulf, 29 degrees. doha, welcome use, i think for e t o p, i'm particularly somalia, a hint of significant rain, and this is lasting for a few days now. it's been heavy rain for the west in tans,
8:18 am
india, and uganda. that could be repeated. however, good news from allowing you can no longer see freddy rain still there, but not as heavy awe inspiring stories from around the world. ah, a human life captain and his foster groundbreaking from award with what is going on in new york city. on a jesse lou.
8:19 am
ah, you're watching out there. amanda. about top stores, this house, or 2 days of market term, all efforts to ease fears of a global financial crisis are underway. rescue plans have been offered to 1st republican credit suisse banks to reassure markets. protest have broken out in paris house to the french government, forced through controversial pensions without a vote in parliament. changes raised the retirement age, 62 to 64 with always preston. his appeal for global health. after tropical cyclone hits with east of southern africa, these 326 people have died and hundreds are missing. mudslide seems to be flooding . a clean up operation is underway in parts of peru that have been devastated by cyclone jak landslides. have buried homes in mud. they think thousands of people
8:20 am
homeless. these 6 people have died in the past several days as a result of torrential rains. 5000 soldiers have been deployed to flood 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 ravine called louis your cycle air, which translates to dry river. but that's exactly the opposite. what happened here? where tons of mud and debris. oh oh, tore through this community twice yesterday and the day before yesterday. and it's a forty's half confirmed already that there was one person it killed. and there another person has disappeared and it's, it's quite a oracle, i have to say because the devastation that we have seen here are all the way up the hill. there are, are hundreds of homes that are totally flattened. are very poor people live here in
8:21 am
their homes. most of them, the ones that have been most destroyed are bad homes made of cardboard. and our wooed and tin and so these are homes that have been completely taken by the rivers of mud. the number of people who have died in a coal mine exposed in columbia has risen to at least 21 blast happened late on tuesday, in a rural area about 75 kilometers north america. tar. authorities say it was caused by build up of gas. explosion affected several connected mines. more serious accidents are common at open pit and subterranean coal and gold mines in columbia. disagreements continue over the downing of a u. s. reaper drone at american officials say came into contact with the russian fighter jet over the black sea. the pentagon says a video it's released to proves its version of events. russia denies acting
8:22 am
recklessly article hang as the latest. now from the pentagon. the pentagon believes this video will end the debate, the view from the m q ripper official say this shows a russian su $27.00 fighter jet, dumping, jet fuel on the drone. then another job. the video cuts out coming back to show a damaged propeller blade. the editor 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
8:23 am
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? and especially with regard to the drone incident that we recently seen. it's not new, but we have seen
8:24 am
a significant spike since about 1 march in syria. a russian official accused the us of to distract from its financial crisis on ski. 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 haine, al jazeera outside the pentagon and has become the 1st of ukraine's allies to commit to sending fighter jets for this president under i do this says it was delivered for make 29 jets in full working order in the coming days with more to come once they're checked. ukraine has been asking western allies for jets for months to help its defensive efforts on a significant diplomatic effort, south korean, the present unit, so fuel and japanese prominence from casita to come together for crucial meeting leaders and to tackle regional challenges and solve long standing tensions between
8:25 am
the nations of mcbride reports from so the landmarks summit between south korea and japan comes at a time of increasing regional challenges for both nations. just a couple of hours before you insert yo 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
8:26 am
closer relations between it's to east asian allies, not only as a counter to north korean threats. and the growing military might have china, but also to maintain a technological edge in the production of strategically important semiconductors. we come bid 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 korea, 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
8:27 am
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 war time, 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 on going forward, we will continue to actively communicate and cooperate through 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 al jazeera, so north korea has released images of thursdays launch of its largest intercontinental ballistic missile the house on 17 state media announced the drill was to
8:28 am
demonstrate a tough response posture, the ongoing south korean, and u. s. military drills. this was fall into the sea between the korean peninsula and japan is believed to have the range to potentially target united states. in the northern philippines, reformed sea turtle patches and 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 company released safely back into the ocean. funny below, as the story. johnny mulvey searches for sea turtle nests in the middle of the night. he says the tall waves of low yawning, northern philippines, crashing into the cold, silent darkness, making a deal for hatching. johnny's family has been hunting for generations. no, no, hold at a nun pool. i know my grandfather used to hunt for sea turtle eggs on the beach. now. he would just steps made bay mothers his heartfelt you know him that he's to
8:29 am
follow him around. so i learned what of him dinner babylon. those eggs would be eaten or sold. but johnny no longer hans for commerce or consumption. he's now one of the many poachers turd sea turtle patrollers in his town. they work with a local conservation group. coastal underwater resource management actions are kerman. they turn over x, which average a 100 in each test for which they can make around $40.00. previously, when we 1st got into the communities, we had to earn their trust and it took some years to grow them. nowadays when we have releases, you'll see the local lenders come out and call the children and explain to them how they see there. those are our partners. i am a guy. let me stand by. 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
8:30 am
and their eggs continues in other parts of the country. in january 8, men were arrested for illegal possession of 15 dead sea turtles. the sea turtle was a victim of poaching as well in as being rehabilitated by chroma. the organizations founder carlos to my it 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'd been crushed between waves in a sea well. so that's also wanted to reasons why which answer them into the had to you know, as much this weekend we'd like to find a nest and put them in land. higher ground, you know a from my the tides is 2009. 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.

20 Views

info Stream Only

Uploaded by TV Archive on