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tv   NEWSHOUR  Al Jazeera  March 19, 2023 9:00pm-10:00pm AST

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ah, the reversal of abortion rights in the united states has emboldened a fierce campaign against progressive liberal values in europe, threatening individual freedoms, considered by many to be the backbone of modern democratic system. this people in power investigates a global coalition of evangelical christians far right. politicians and russian ali galks in defense of so called christian orthodoxies. europe's new moral crusade on a jessina ah, ah low, this is the news. our on al jazeera,
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fully back to bore live indo are coming up in the next 60 minutes. emergency talks to rescue switzerland, 2nd largest bank credit suisse, as he is more of a global banking crisis. after the collapse of 2 us banks, mending ties. he runs president, welcomes an invitation by the king of saudi arabia to visit re add. also this, our more violence in the occupied westbank as is really in palestinian officials meeting in egypt say they've agreed to establish a mechanism to deescalate tensions and gunners, fight control and measles outbreak. the government is under fire for running out of vaccines. and i'm peter still with your sport. sergio peers is leading formula one . saudi arabian chrome pre and also be crystal palace one to move 8 point sphere of manchester city. the criminal title race. ah,
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thank you very much for joining as we begin this news are with talks to save, one of the world's largest banks, credit suisse officials are meeting to discuss the plan to rescue the bank. on wednesday, the swiss national bank offered it a $54000000000.00 lifeline, but that failed to reassure markets. credit suisse is deemed too big to fail because of its importance to the global bank in system hello swiss dr. u. b. s is reported to be an advanced talks to take over its beleaguered rival. a government announcement is expected in 30 minutes. cisco live to paul brennan, whose following developments from london for i saw what more you hearing bowl about these talks and the fate of courtesies while it seems the starter aligning. as far as the takeover of credit suisse now by you be asked frankly, the only other alternative was a kind of nationalization by the swiss national bank and not frankly oh, by the swiss government. i'm not really wasn't attracted option. so after u. b. s seems to have doubled its offer for credit suisse from the $1000000000.00
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that it was reported to have offered earlier in the week now to $2000000000.00. we have a news conference that's been cold about 1830 g m t. and we're expecting to hear the full details now, as you say, concerns about credit suisse have been going on since the middle of last week. there was a lifeline of $54000000000.00 lifeline that they asked for that didn't stop the outflow of funds. deposit says we're taking out the money at the rate of, i think in the region of a $10000000000.00 swiss francs a day. at one stage you can see how that would topple unless the bank credit suisse a big bank there. and therefore, rescuing or salvaging it is a big ask. the other thing that we know is that the 2 sites have been locked into consideration since wednesday. they want us be
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essentially want to get for a knock down price and also offering an all share deal. so the credit 3 shares closed on friday at about $186.00 swiss francs. what the shareholders are going to get if this deal comes to pass of it's been reported is half of one swiss franc per share. and not going to get that in cash. they're going to get it in the form of u. b. s. shares. so all the wipes out some of the big shareholders in credit suisse but keeps the bank going. the other thing we can say is attrition. national bank up the central bank, it seems, is on the verge of agreeing a $100000000000.00 liquidity line to credit suisse, and would keep those core business businesses of credit suisse, going hopefully with stem that our flow of funds reassure the investors. but credits reese's a going concern, at least until you be asked, takes it over whole thank you very much for the moment. and as far mentioned, we are expecting an announcement from the swiss government on the fate of credit
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suisse. i used conferences deal happen at 1930 sorts 2 in time. that's 1830 gmc in about 25 minutes from now. we'll bring you all the latest about mon phasing when we have them moving on to other news and the latest efforts to restore ties between iran and saudi arabia. after years of hostility, officials in tehran say, president bracy has welcomed an invitation by king feldman to visit re add the 2 countries. i've also announced plans to for their foreign ministers to meet it comes after the regional rivals reach an agreement to mend as 70 arrived earlier this month. ali hashem has more from iran's capital relations between iran and saudi arabia are moving fast. and they to the really impressed them to reveal on sunday that takes a lot of saudi arabia extended an invitation to. but i am lazy to visit 3 on there in your president, according to what, how much i'm shooting. welcome to invitation, and stress has gone through is readiness to both sides. no. on sunday,
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also here in the in 40 minutes the her said i mirabella, he and that the issue of hearing. and so the relations in is krista and he said that both countries are currently studying the new settings and how both foreign ministers, good me more that are more to add up is regarding the issue of saudi arabia in the near future. i'll meet the foreign minister of saudi arabia. so far we have agreed on deploying technical delegations from both countries to visit embassies and consulates. an organized practical steps to reopen embassies. over the last 10 days, messages have been exchanged between the 2 countries through the swiss embassy, we announced we are ready, hold the meeting, and in the last message sent from us, we suggest 3 places for the meeting, one m b. i n said that technical team's from both countries are visiting the capitals in order to make sure that the embassies are ready to receive the new diplomats. you also said that relations with bahrain, all witnesses,
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you turn willful thought of all men leaving immigration to the vive. thighs, you also welcome the promotion of relations with jordan to the level of ambassadors and the dialogue taking place with egypt, the ash and 0 that on. meanwhile, yvonne and iraq have signed, i joined security deal in baghdad. iran some security official signed the agreement that involves coordination to protect common borders. it also costs for a strengthening of corporation in several security feelings. it has been 20 years since the start of the us led invasion that toppled iraq's president saddam hussein . the military operation was launch without un support. unlike the 1st gulf war and the invasion of afghanistan, al jazeera sierra vania takes a closer look at what happened 2 decades ago. so let's take a look at the main events leading up to and during the iraq war. 1991, the gulf war ends, the un security council demands that iraq give up all weapons of mass destruction in exchange for lifting sanctions imposed after iraq's invasion of kuwait. during
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the 19 ninety's, iraq promise is repeatedly that it has turned over all its banned weapons. not true, several or later discovered in 1098, president bill clinton signs the iraq liberation act that makes removing saddam hussein's regime. the official policy of the u. s. government, after the $911.00 attacks clinton's success, george w bush identify the rock as part of an axis of evil. that speech widely seen as laying the groundwork for american military action in november 2002 as the u. s. is preparing to invade. the un security council passes resolution 1441, giving iraq a final opportunity to disarm the united nations carries out 700 inspections for weapons of mass destruction. and what do they find? no, w n d 's. still on march 20th, the us invasion of iraq begins. aerial bombardments, 1st been a ground invasion. within 3 weeks. us forces take back that. and this becomes
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a defining image of the war. the statue of saddam hussein pulled down and further square elsewhere in the capital. there is widespread arson and looting. american forces do little to stop that. iraq's army loses on the battlefield, but many soldiers go into ground and form armed groups. as for saddam, he is captured by us forces in december 2003. but the insurgency continues for years. officially, the u. s. leave the rock in december of 2011, but it still has troops there today, 2 decades after the invasion. well, let me speak to paul rogers about this have ameritas, professor of peace studies at branford university, and he's joining us from broad for thank you so much for being with us. so we know the official reason for the us led invasion of iraq. but beyond removing saddam hussein from power, what did america want to achieve through this invasion?
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well, it wanted to achieve a greater prominence within the middle east to remember that time the united states did not export much oil, unlike persons with all the tracking. so the middle east was more important to united states because at and is allies. but what is clear, i think now is that although the invasion of iraq, the occupation garage was very clearly there as a name in itself. what was really crucial won't do what you will do to the position of iran in the region. iran was always the more important country as far as the united states was concerned. i remember being as a conference in washington in march, 2002, just a few weeks off the state for the union address and the designation the actions of evil. what is clear then was a saying, which was doing the rounds, the road to, to run through bank. that in other words, if you get a rock right to have the american occupation that, coupled with the american influence and i kind of stun angela role of the feet in the guarding from american perspective. the raven seeing the parent go an
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essentially iran would be more or less on it, so not quite surrounded, but very much the basic player. and i think this is what was important to good. take it wrong directly. would it be a huge task? the rock was doable and numerical and i think that's a very large part of the explanation of what actually happened. so the u. s. professor set out to reshape the region. but a rainy and influenced didn't diminish in the region need facts just today. we've had iran and iraq scientists security arrangements, so he trailed it did fail. yes, i mean, that's extraordinary thing ever since the development of the war by about 200456, then iran increased its significance within iraq. and of course, at the end of the isis period, iranian linked, malicious but very import. once in a iraq actually regaining control of the northern part of the country. so that's just past the biggest single surprise, the main intention of the war was essentially not to was ready to limits. the power
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of iran in the region is still the opposite. in addition, of course, you have a massive casualties. at least 200000 civilians killed and probably many more. but even now i says it's still active in syria and iraq. but more important because he just spread along with alba and you had his groups across as a hell region right down eastern africa. yeah. so while it seems that things have gone, it is basically much more complicated than that more complicated 20 years on all the outcome. yes. of this invasion bad. you think? i think very large, they are one to one counter boy that's in the, in the trouble is a 100 stone and iraq, we're in a real sense. failed was from a western perspective from an american perspective. i sometimes think that nato as an organization is rather pleased with lisa. it's back to being involved in a conflict to the terrible war and ukraine about something was it stands north
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because it's clearly the nature of the whole of the united states. in particular. those a degree of hubris, almost arrogance, of the time after admitted a massive shock of $911.00. we were never to get that been. that was an incredible shock to the united states, just at the time when it was developing what was known as the project for the new american century, a unipolar world. so i think one can understand why the americans did it, but they went far too far and it's turned out basically to diminish their employees across the region. so yes raid, it's a sorry tale from that perspective because i'm not sorry a tale in terms of the human cost right across the, the iraq and indeed beyond. now indeed, thank you very much, professor for talking to us about this paul rogers, professor p studies at bradford university. thank you for your time while iraq is an oil rich nation, but he's struggled to improve basic public services in the 20th. since the invasion, political instability, endemic corruption and security issues have all contributed towards the economy being in flux, osama bin drive. it has this report from basra,
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the buttress famous italian bridge wasn't here 20 years ago. neither was the main road that leads to buster of international stadium. now the streets are peaceful and there's relative political come in the city and across it all packed up. and we've achieved more than $8000000.00 a for an investment up to february 2023. we are keen to achieve major projects. this is all in coordination with the federal government. lots of projects were completed in basra, related to infrastructure services, commercial and tourism sectors. in this oil field, if the merge noon, which means crazy in arabic, something that refers to the large amount of oil, or there's found here in one location and estimated 38000000000 barrels. the mission field produces 240000 barrels a day for iraq's economy. and production is planned to be expanded to 5 and a half 1000000 barrels per day. in our government says despite obstacles like
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corruption, red tape and an unstable region invested the lining up. the mainly interested in the countries abundant deposits of gas. but despite its large hydrocarbon resources, iraq imports a 3rd of the gas, it needs for its power stations. nearly $2000000000.00 worth comes from iran, and on a stretch budget that's a burden. it also spends an estimated $5000000000.00 the unimportant diesel in petrol. that's left it off currency struggling against the dollar. and that's not all. and there's no molly on the other let the remodel. behead do it as estimated by a parliamentary committee. corruption cost around $10000000000.00 a year around $600000000000.00. have been smuggled out of or i can the past years, we have to fight against corruption, administration, and financial. there's no real development in the rocky economy. despite that wealth, millions of iraqis struggled to get clean water every day. and every year, thousands of people fall due to waterborne diseases drank rivers and climate change
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has increased risks of food shortages. 2 decades ago, the 1st bottles of the iraq war were fought in basra. the city of a 1000000 people was besieged by mainly british forces. cluster munitions were used in the international coalition to ban uranium weapons says u k. and us forces use depleted uranium frizzy is after the invasion. a lot has says that this province continues to remain the bag warned. put ross, oil based economy, but still the complains of the people are a lack of jobs, opportunities, infrastructure, and the lack of attention from the people in power. from a guy without the 0 button. there's not more head on the news, our including president putin tours mario paul, the city that russia onyx from the crane last here help. finally, a vice of people stranded by flood waters in malawi after cytochrome freddie. and this teenage tennis sensation moves to within one way of the world. number one spot
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. he does have the action from indian ah, 1st, now the world news and is really has been wounded in an attack in the occupied west bank. the incident happened in hawaii for a town which was attached by israeli settlers last month. it comes as is rarely n palestinian officials have met in egypt and agreed to deescalate tension to particularly during the holy month of ramadan, which starts later this week. either abraham has the latest from ramallah. we know that a palestinian has shot out a car that had is rabies in it. he shot around 20 bullets. we believe that the gun he owned or, or he had, is carlo ghost of a kind that palestinians self manufacture here in the occupied west bank. some sort of a hand made kind of thing. now, according to these really armies statement,
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the person who was shot at has shot at the shooter, or he was also shot at the upper body leading him to have serious conditions. as far as these were, the army statement is concerned. now according to palestinians, they said that they've seen these really forces arrest the palestinian. he's been taken for questioning. now it's interesting that these events take place in her water because 3 weeks ago, why the palestinians and israelis were meeting in a summit along 5 the jordanians, and the egyptians and the americans. another palestinian has shot at 2 is ready settlers and her water and killed them. so it gives you an idea that the tension was somehow expected to happen. and for what a while at the meeting is happening and sort of shift today in ukraine present. vladimir putin has visited russian occupied mario pole. the city in the dawn, yet screeching of ukraine, was annexed by moscow last year. put in drover on several districts on saturday and
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was shown restoration work at a theatre and a university. his trip comes after the international criminal court issued a warrant for his arrest on suspicion of unlawful deportation of children. stephanie decker has more from keith. the kremlin has made it very clear that they don't consider the arrest warrant by the international criminal court in any way, legal or, or valid. yasandra 23 countries can arrest him. the russian president, if he visits there, it's certainly not going to be in crimea or maro pole which is now under russian occupation. they annexed our crimea in 2014, which is why putin made his appearance there to mark those 9 years. and mary poll, which is a city that endured the most horrific of seizures in the course of this war, just 3 days ago, was the anniversary you may remember of
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a theatre bombing deadly theatre bombing. we're civilians were sheltering that killed hundreds of civilians that was on the 16th of march, 2022. so now you see vladimir putin driving himself round the city i. i know so i think a statement there to the international community that he remains very much ah, the power house that he is and doesn't take the arrest warrant. seriously. talking about reconstruction of a city, a city that really was left half of it, a carcass of war due to the, the, the brutal nurse of the assault by the russian army. or president putin is said to welcome china's leader to the kremlin, later this week, changing paying will travel to russia for a 2 day visit. some analysts say this will be b, james, big assure, support from our school since the beginning of russia's invasion of ukraine. china's government says its stance on the conflict is impartial. but washington says beijing is considering providing military support to russia. katrina, you report somebody,
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jane. she didn't ping has visited russia 8 times since becoming chinese president. his most recent trip was in june 2019 during an economic forum. c will travel there again this week in what's expected to be a major show of chinese support for moscow as it continues its invasion of ukraine . yes, all with china and russia working together, the world will have the driving force to work multiple levity and the greater democracy in international relations and a global strategic balance. and the stability will be better ensured the visit comes as china seeks to expand its role as a global leader and mediator. earlier this month, it broke it a deal to and 7 years of strain relations between saudi arabia and iran. some analysts believe it can do the same for russia and ukraine. in february, chinese officials released a peace plan calling for a cease fire and dialogue between both sides. this days. after several months,
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both parties are exhausted. and yeah, the white shoe has the hoary issues. are you trying to get what you are currently doing? but other se baiting is reluctant and unable to play this role due to the west's extensive backing of kids. it is great power, job politics going on there. it's very difficult to, to play mediating role in that context. and i know the stakes are very high. ah, russia and ukraine do not want to negotiate at the moment. so there is very little china can play with baiting relies on economic trade with europe and says it's impartial in the war. but its claims of neutrality has been questioned. last year, c declared and no limits partnership with moscow. expanding trade between the 2 countries has become an economic lifeline for the sanction hit country she and put in are also good friends and have met 40 times,
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including on 210th birthday the united states as china is considering providing military support to russia, which they jing denies, she is reportedly planning to speak to vote him is a lensky following his moscow visit. it would be, she's 1st conversation with ukrainian president since hostilities broke out care. the says it's cautiously receptive to beijing's involvement, but a withdrawal of russian forces from any occupied territory must be included in any piece deal. katrina, you al jazeera, they doing. polls are about to close in montenegro, st. presidential election. the race is between the countries long as serving leader me larger, con of age and rivals hoping to change the political landscape. ongoing. a deadlock has told the may 2 members bid to join the european union, and some people are worried that the country could align more closely with russia. let's speak to al jazeera, even pascal, they chose in montenegro capital. so the polls are about to close. yvonne talk to
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us about how the voting is gone and what is the fake fiscal. we have the puzzle about losing 40 minutes. but now when we are mentioning the selections, they could have a huge indicator of how political situation in the country build the developed 3rd there we have to know the political crisis. countries going on for years. we have a government in technical mandate and early parliament elections are coming up in the july. however, it's hardly to expect any or to 7 candidates that could be 50 percent of votes today necessary for them to enter the office. it's always usually expected here that the incoming president kind of which will entered the 2nd wrong. he's the opponent will be either a pro serbian hardliner on the amanda, which are moderate or diffuse, and you called me lots of which from the europe. now. what were the main issue for
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horses? well, people will love to have a bigger salary, the better life, but they also would love to see their country developing in the european at which is that still due to the political crisis of the general opinion. and the general sense, the public here are the people are very exhausted. i'm tired of this political debate, these political divisions into a problem to negro progress them on one side than a process beyond the pro ration block and some elements and the other side. so this would be a reason why the political campaign was very mild with no cash boards, which is also surprising. but that does not mean that in the 2nd round, this question self division in the country on this per month. and even on the serbian block with questions of mates off and russia will not prevail in the 2nd
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campaign that depends whether the candidates who run into set them, but the 2nd round will be hard line. there are moderate to politicians. yvonne, thank you very much for the update yvonne path coverage. my 4th in parts carissa studying cars by psycho and freddie has now killed more than 400 people in malawi. international 8 is arriving and rescue teams are still looking for those trying to buy the flood waters. hamid i mean, i traveled to the johns the district which has been cut off for days. it's been a 5 day wait. and finally, help has arrived. little magic. well, being very penny for waiting for a boat to get to the mainland, because here there is no food. we are very hungry among those waiting to be saved. as for tim afraid and her child who visit any more only by the grace of god that we live, because our friends were taking by the water offering that they are dozens more
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stories like these in my congress central malawi. the area lies between 2 large rivers and heavy rain and wind from sycold pretty have caused intense flooding, cutting its people off from food, water, electricity, and health facilities. farm land and crops had been devastated. a rescue operation is being run by police, but it's limited. they say they're doing whatever they can, they have some support from the us volt food program or w f p. currently we operate with only 2, but from the usb again, it's a huge number of people that want to be acquitted to bungalow, which is an upright trace. johan is cooking the last of a mays. she tells us she survived powerful flood waters by tying a children to tree branches because she could not hold on to both of them. at the same time, the boats will go back and forth for days to come so far. 1300 people have been rescued and many others awaiting, but they are victims of the flooding,
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who refused to leave their homes. like those in this village. they want to stay with their families and what they know in the town of bungler, the situation is only just improving. but people desperate for refuge continue to arrive. clinging to the few possessions they've managed to save. but, but good luck is also cut off from surrounding towns and cities, but after 3 cyclop, in 18 months, people in this district are quickly adjusting. and just as quickly a beginning to re bold with the little they have. for me, tamela al jazeera in santa district, malawi, still ahead on al jazeera people in ecuador, picking up the pieces after an earthquake in the south that killed 14 people. i'm bob newman, that in last have gone western in delaware shop one and on your prices has led to a huge price farm was lim, this on climate change and government form and another day, another record for american ski star mikaela schiffron will tell you about her
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latest achievements in scores with pete to seems. ah, well, it's still raining in turkey where you don't want it to rain has been about twice as much as the average would suggest you should get. of course is still cold enough to snow at height, and that range, but again soon, lebanon, dancer, israel, the occupied territories and almost into egypt with an onshore wind as well. not particularly, doesn't conditions. and they laughed into monday that the system is moving in land, taking a favorite of rain into jordan and to iraq as well. and of course, eventually into rung. and with that system it will be an introduction to spring rain. our suspect between that and the fast coast which is effectively a man looks drive in a man's weather is unusual. these shows a little bit
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a little bit heavy in comparison. and then if i tell you to tuesday, as the rain goes east was the following, wind is quite strong, which suggests the dust or even the sandstone, possibly eastern saturday, bahrain, or even cover. so dow hospital crosses, dusty and windy one, at least on tuesday. it still stays quite breezy during wednesday and thursday. the rain is falling in somalia, kenya, and the c o. p is probably welcome, but it's quite heavy. this time, the year warranty, particular somalia and it's still raining in malawi, but nothing like as heavily as it was, but still over the floods. ah, [000:00:00;00]
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with la dollar a year to dallas, the ballade never lay alley my bottle. no. hm. in massa, but the national whatever you had them. yeah. i see. was it on there will be now you will not be as good. ah, lou.
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ah ah, you're watching al jazeera live from doha reminder of our top stories on this news . our swiss banking giant u b. s is reportedly close to buying beleaguered bank credit suisse officials have been racing to finalize a deal before markets open. on monday the bank is deemed as too big to fail right now. the swiss government is holding a used conference in burn, we will be listening to that very shortly. in other news, a bronze president has reportedly accepted an invitation by the king of saudi arabia to visit re our foreign ministers from both countries. also expected to meet soon, the regional arrivals agreed to menda 70 arrived earlier this month, and one is really has been wounded in an attack in the occupied to west bank. the incident happened in hawaii for it comes as his really and palestinian officials made in egypt and agree to deescalate tensions,
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particularly during the holy month of ramadan, which sought later this week. kuwait's constitutional quarters declared a parliamentary election held last september null and void. the court ruled with a previous parliament should be reinstated last year, always crown prince. this old parliament and call for an early elections and political feuding body are safe is an assistant professor of history at kuwait university explains what's likely to happen in the coming months. this isn't actually a precedent, we've had one happened before. so we've had a parliament and alt in 2012, which was also voted in 2012. it took a bit shorter than this one. this current one state for 6 months only. while the previous case that i referred to, has lived on for 4 months, we've seen a growing assertion of the co, 80 constitutional court and the constitutional affairs of the country. which only
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makes sense because the court was built and put in place to look at ambiguous issues that arise when the constitution is not observed. and this has happened yet again. it feels like deja who, 2012, in reality the constitution is quite clear when a parliament is an old dissolved, you have 60 days until the new elections come through. and this is not the case because you have a parliament in place right now. so you already have the 2020 parliament in place, but what i see happening is the same reasons that led to the dissolution of the 2020 parliament, the unconstitutional dissolution. now we know from today's ruling will probably lead us to yet another dissolution. but it behooves the government at this stage because with the court to point the fingers to as some government malpractice, they should have done their homework better. they should have researched a much safer way to dissolve the parliament and hence the grounds will be placed
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now. so that they can prepare for that, that a moment. so now we will see the 2020 parliament. we can beat the parliamentarians, for example, that were never elected to parliament before, will not be considered and peace if they were only elected in the 22 parliament. and i foresee a new parliament coming through and new elections in the coming months. i. we want to take in our live to burn in switzerland, where the president of the swiss confederation is holding a news conference after emergency talks to rescue switzerland, 2nd largest bank. and it's just been announced that u. b. s. switzerland, 2nd, switzerland, 1st bank, the biggest bank in switzerland will take over a credit suisse ah, witcher is in trouble and they've been meeting for some time now since wednesday. in fact, initially wednesday of last week, the swift national bank offered a $54000000000.00 lifeline to credit suisse, but that failed to reassure the market. a bank which is deemed too big to fail.
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well now the swiss government announcing that u b. s. switzerland biggest bank will take over credit suisse slash speak to francis coppola about this. she is a commentator, an economist and is joining us from kent in the u. k. thank you so much for, for being with us. what do you make 1st of this announcement to day by our, the swiss authorities that u. b. s will be taking over credit suisse. was this expected? i think it was. and indeed, i think something like this has been on the cards for a few months now. really, since credit has gotten difficulties loft also i'm it's, it's been suffering out flows of deposits for really my some months now. and so it was difficult to see how it could be resolved in any way that didn't hold some kind of take over. explain to us why credit suisse got in trouble in the 1st place. why is switzerland's biggest bang 2nd biggest bank in fact being rescued today?
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what happened? well, as a really, i mean, credit suisse is problems go back a some years. it's got evolved in all manner of, of deals that it shouldn't be done. you know, like mozambique chin a bombs and it lost a lot of money when go white articles and pocket ups. and it also goes to self muddled up in green, sil, and so does not already cost it money and it's got a lot of loss. it's coming down the road which might cost a more money, but it how to destroy confidence in the bank. let's think about spanking. is it? you know, it's a bar hole about, you know, integrity and security trust. and the moment you got things like this going on in something associated with the swiss bank, you're kind of destroying the brand. i'm so it was difficult to see how it could continue on its current basis with its investment bank, with all these other things. how should it needed to, to find a solution? it's interesting that you talk about the brand there because we have us,
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has government saying just now that they consider these measures to be the most appropriate solution to strengthening both market confidence in credit suisse. and also the swiss financial center. do you think this rescue will work? yes, i think it probably will if only because this government has a great deal invested in making sure that it does work. and because the buyer is u b. s which similarly has a lot riding on this because if it doesn't work, then you vs and swiss back it and the swiss government you know, have a real problem with that with, you know, that was there a finance system kind of stands for. so i think it will work, there's an over question now about how they will handle the investment bank, which is all good results with old problems. what are they going to do it all they're going to try and spin it off. are they going to close it? down, what are they going to do with it? i don't think that's resolved yet. yeah, francis ought to. this is coming as that the health of the global financial system
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is in doubt right now last week we saw the failure of 2 american banks. are we likely to see a repeat of the 2008 financial crisis here? no, i don't think we all, i'm losing the problem and america is to do with their midsize regional banks is largely contained to america. and i know things travel on twitter. these days, so things that ought to be contained to america have a tendency to go global. but we should remember the tar banking system generally is far safer and better firewalled than it was in 2009. and also that central banks actually are on the bonus one, we're both in america and in europe. we have seen a regulators set. i step up really quite quickly to stop and any kind of disorderly collapse or contagion. and this, this merger is happening over weekend with the intention of it being a done deal by monday morning so that we don't get contagion into the wider financial system. thank you very much for talking to us about this. thank you for
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your time. if he just joining us on al jazeera, again, breaking news from switzerland this year, swiss authorities announcing that the country 2nd largest bank credit suisse, which was in trouble, will be a is i will be rescued by u. b. s. switzerland's largest bank talks had me had been going on and on for some days now about the takeover of for katie. swiss, which has been in trouble on wednesday of last week. the swiss national bank offered a $54000000000.00 lifeline to credit suisse, but that failed to reassure markets. and now the swiss authorities announce, seeing that you be at the largest bank in switzerland will take over, credit suisse will have more reaction and analysis swap. the evening here on alger sierra, now in other news, a strong earthquake has kill at least 14 people in ecuador, and one in peru, the magnitude 6.8 trema. we're center south of ecuador, 2nd largest city. guayaquil,
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alix. there to reports. streets littered with crumbled facades. rescue teams in ecuador scramble to save those still. trips after the earthquake would have would be real good. the route, a part of a facade collapsed. them fell on a vehicle that had already been removed by the police. we had one victim without vital signs. a male person, a number of buildings have collapsed across the coastal states of a laurel and us. why in the andes that gather like in this area, people ran out, they yelled in despair. all the people got out of their cars. i don't know how an earthquake would feel in a car, but they were desperate. they ran, they yelled, yodi cried. there are thoughts of damage to infrastructure across the region and landslides, blocking civil roads. the trim was also felt across the border and northern peru, where a young child was killed when her home collapsed. on the baby was playing where the stain of blood is. she was playing with my other knees,
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and the brick fell on her ecuador and peru a trone to earthquakes. they straddled the so called ring of fire in danger, isn't over yet with aftershocks still ongoing. alex beard al jazeera ganna is struggling to respond to our measles outbreak because of a shortage of vaccines. the government says it can't afford them because of high inflation, but could explain mismanagement. collin baker has more zayna, adams lives in the city of tamale, 600 kilometers north of gannon capital across 3 of her children are sick with measles and she suspects her 4th is to she's left her business to visit them in hospital. this is really stressful. i had to look up my shop through wisdom at the hospital, and the little money i have is what is spent on their medication that the shouldn't have happened. i tried to get all my children vaccinated against these preventable diseases was unsuccessful. why should the country even run out to vaccine for children?
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they not children are among scores who fallen ill since october last year during an outbreak of measles in the north. the united nations and gone us health minister say children have not died from the disease in the country for nearly 20 years. now, 5 are suspected to have died at the start of 2023. many health workers say that could have been prevented by vaccination. would allow that over 80 percent of the patients that we got between last year and now have not received a immunization either. they have not received anything or they received this as single those sick and standard childhood vaccines are made available in gonna, through the un and the global vaccine alliance gathered. the government funded vaccines, including for measles, ran out it blames and inflation rate of more than 50 percent our or will try to
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reach out to our various offices across the globe to see whether some free countries can land some of these about these 2 countries. so that they feel the gop gone is among many african states whose vaccination programs were brought to a standstill during the pandemic, the government acknowledges there are shortages, but says it's managed to get some new deliveries that they've come to late for a non children. and she can only wait and hope they recover. column baker, algebra security forces in brazil have launched a major craft down on criminal gangs after 4 nights of violence in the north. at least 3 suspects have been killed and 97 people arrested since tuesday. the operation was launch after gang set fire to cars and shot a government buildings in dozens of cities. please say the crime wave was organized by jailed gang leaders to protest prison conditions. mexico central bank has raised its key interest rate to a record high of 11 percent in
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a bid to reduce inflation. despite that food is getting more expensive, we spoke with one st vendor to find out how people are getting by. me know me if somebody ever left for sarah. my name is rosa maria velasco zaragoza ive been managing this stall for about 30 years now. we've had good times and weathered some bad times, but we remain in business. thank god, i am glad he sold our clients a working class. most of them earned minimum wage. so we make products that they can afford with what little money they have filed on my unique does he let my bread mayonnaise, me everything is getting more expensive. the last price to increase was bread, so we had to increase our price is also our customers. notice that we're pretty lucky with you now. yeah. as the inflation rises,
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people take more care of their money. it is worth less. so if they don't make enough to wait on the street, maybe they will bring their lunch from home at those i think that i hear from this inflation affects everybody. they is customers and asses merchants. now our sales have dropped to half of what we used to sell to yet. they told us the thumbs up with it. as a matter of fact, we sell even cheaper than most of the sandwich stalls. we try hard to keep prices low so we won't lose more customers no matter where the. i'm going to keep on working as long as god allows me to. if i'm healthy, i will work. every day i wake up willing to serve my customers and with fight that this work will be enough to feed me. it's hard, but we have to keep going. in india shop dropping, onion prices in the western state of my roster has led to a crisis among farmers. the countries the world's 2nd largest producer,
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the vegetable. the state government says it will compensate. goal is after hundreds of farmers started protesting. 5 limited reports from last i've gone. this is how prices are decided at asia's largest onion, wholesale market. farmers and traders from nearby areas meet in the town of laslie gout every morning to day them buddhist, somber. they say they're struggling because of falling prices, like never little back on the final guy. whiskey winters, i'm going to me like i lost more than $1300.00 the season. i'm known definitely bought a condiment on my house. i'm worried if i'll be able to grow onions next year. what? i'm scared my dep fuel increase and i'll be stuck in cycle of launch. i get the western state of my roster as india as largest producer, red onions recently, prices dropped by half, creating a big crisis in the region. grew as a blaming this on surplus produce estimated to be around 30 percent pharmacy. i say government policies are making it difficult for them to export onions. climate
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change has also impacted on in supply higher than usual temperatures and unseasonal rain have reduced the shelf life of these onions, forcing farmers to bring them earlier to markets before they rot. laraca took them as it looked at other j to say they're trying to revive the market before the summer harvest arrives, then courage and customers to bite low prices and working with farmers to find long term solutions. they wanted a big while. it wasn't as good as a bare with killer warehouses. yup. it, these red onions cannot be stored for too long. the pink conyers have along the shelf life. and so we are asking farmers to expand warehouses for those social studies. we are also suggesting they grow varieties that can be exported to regions like europe in the middle east. so next time there's a crisis here, we can so the produce that last week housings of farmers started marching to move by to demand financial assistance. the end of their protest after the state government agreed to their demands,
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those include subsidizing prices and waving loans. some say the solution is only a temporary fix, marcus, joy, all, oh, so that owner to you, the entire system needs to be overhauled right now. political parties interfere and decide who's allowed in the market. this should only be buyers and farmers, no one else. additionally, farmers need to learn to balance onion production with demand, so they can get a good price. harvest season is expected to begin next month. farmers hope they'll benefit from new policies and start recovering their losses. bob newman, the larger sierra lawson, gal, western india still ahead on al jazeera will show you how arsenal extended their advantage of the top of the community. goals coming up is what makes with the diesel ah.
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ready too often of canister is portrayed through the prism of war. but there were many of canister thanks to the brave individuals who risk their lives to protect it from destruction. an extraordinary film, archives spanning for decades reveals the forgotten truths of the countries modern history. the forbidden real part for the ear of darkness on a g 0. examining the impact of today's headlines. this was probably one of the deadliest disasters that history of setting the agenda for tomorrow's discussions. this is the one that's been hitting cities, sharing personal stories for a global audience. you talked a little bit about what life, his life more african limited programs that open your eyes to an alternative view of the world today on now to sierra
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ah ah, time after source is fi. totally thank you very much. we'll start with what we want, and sergio perez has won the saudi arabian chrome pre. these are pictures from settlers qualifying this one to for rebel with max for stopping, pinching 2nd, having started the race from 15th on the grid. fernando alonzo completed the podium that will bring you action from the race in on mixed sports bulletin arsenal. remain in charge of the premier league title race moving 8 points clear of nearest rivals. manchester city. that's off the thrashing manager. las crystal palace. awesome. went ahead. when buckeye, a sacker set up gabrielle martha, nellie to school, he 6th girl in 60 games. second made it to note just before half time becoming the
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1st player in the league this season. to reach double figures for both goals and assists arsenal. got a 3rd 10 minutes into the 2nd half. when a lovely passing move was finished off by granite, chucker sack a been fired any 2nd of the match to make it for one. also go into the international break with that 8 point lead of a man said he, we played a game less manager nichol. arthur was full of praise for the way his team responded. to that you roper league exit a few days ago. i was really, really happy with the way they reacted after thursday and which again a question like away from it show on our other termination and our therapists in our way of plane. and am i really happy to perform that where we did and chester united have beaten full him to reach the semi finals of the fake up. it was for them who took the lead though early in the 2nd half through alexander metro rich. but from there, it all went downhill for, for them to be taught. william handled the ball off the line and gave away
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a penalty. it was the red card as well, but mitrovica was also sent off for confronting the referee afterwards. always touched him. yeah, he can't do that. that's what he, rena fernandez, school dependency to equalize for united. and that 2 minutes later they went in france. marcel submits her with the goal. fernandez then got another to make a $31.00. united will play brighten in the same. there was a drama as sheffield united spalding stoppage time to be blackburn 3 to tommy doyle sending his side in through the semi finals where they will face manchester. city games don't get much bigger than our classic her between barcelona and rail madrid and sundays match will have huge implications on the legal title race. if leaders barcelona, when at the new camp later they would move 12 points clear of rail with 12 games to play boss or have not lost at home in the league the season and did beat madrid 2
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weeks ago in the 1st leg of the copper del ray, semi final, they sing maybe married, her will be more offensive than usual. yes, i think it would for the, for the fans, for the spectators. maybe for national. but i think her, we need to dominate the game. we need to control the game more than the last her glassy going in to be fine off of copper racial. we need to show our best bet ashanna robbins betty wood malady. legally married. he's doing really well, especially in, in li are in temporary shore. it will be really tough to when, so chevy predicting rail, we'll go for it, and realistically they need to, if they want to have a chance of catching barcelona. the victory for carla rancher, lottie side would cut the gap to 6 points. madrid have only lost once in the last 10 matches and that was to bar sir. and i must have had local more long. we have to see them as lions, not like cancer, because if you think they pass along are, can you think that they are going to
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a party and there is no partying. it is an important game was when we have to fight all the at the remain committed play hard and give our best. i mean, said that to promise, i'm always afraid. i'm not sure if it his concern or fear on a hot before game. it is always there, this restaurant spanish, tennyson session, carlos al cortes is one went away from retaining the wall. number one spot from novak chaka, which the 19 year old is into the final at indian wells after coming through a thoroughly entertaining rematch of us open coals vinyl against italy's janek sooner. alcaraz had to save the 2nd in the opening set, but he dug deep to edge center 7663, standing and his way to becoming the best player in the world is the neil medford edge who he'll face in the championship mash. i really want to play against the best that he's playing the war. you know, i always say that if you want to be the best, you have to be the best, you know,
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and i would say it is the best player her right now. you know, i will, i will. so on my best to were in the final as you heard they from al torez made with there was a player on form having one is lost, 3 tournaments in rotterdam, doha, and to buy the russian squandered 7 match points. but finally did get past francis t f o 7576, that victory. putting him into his maiden indian wells. fine from a grand slam champion to a different type of grand slam at the world baseball classic. that's where the batter hits a home run with all 3 bases loaded just like this. ah, the united states had been trailing venezuela 75 when traitor in a smash that into the stands to school for runs in one god. it's only the 3rd grand slams in team you essays, history would you believe and completely to the game around the defending champions,
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winning line 7 as the head to the semi funds where they will face cuba on sunday, individually. i think it's pry, you know, the biggest hit that i've had, but, you know, as a team, i think, you know, you set a goal and we want to in the whole thing. and when you kind of accomplish or go, i think for me is, is most important when tray clipped at that ball. i honestly, i saw i saw about 35 guys including the coaches kind of blackout moves there, lose their mind for a minute. so it was pretty just an awesome moment. in the n. b a, the boston celtics of french, the playoff spot, despite the feet to the utah jazz, who came back from 19 point deficit. laurie mar. cannon school 28 points and 10 rebounds at 627 double double of the season and walk a kessler produced a game winning block to deny grant williams a beater the jazz winning. this one. by a point american skier mckayla's schiffron has ended a record breaking season with yes,
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another milestone. schiffron clenched the 14 twirled cup race of the season and 21st career giant slalom title in andorra, that to record number of g s victories were a female skier. sundays results also marked a landmark 100 and 38th woke up hold him for schiffron. moving her one ahead of former teammate lindsey von. we'll leave it there for now and i'll be here again later with more sports is volley. peter, thank you very much for that. that is it for this news, our on al jazeera from me for you back to bornhold tim. here in doha, thanks for watching. we're live next man and a new center with my m. ah, ah.
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a talk to al jazeera, we are who is really fighting this all russia isn't wagner, or is it the russian military? we listen, we started talking to me on my own so that this via yours he does it usually take them back. we meet with global news makers. i'm talk about the stories that matters on al jazeera. on counting, the cost will borton's new plan to bring people back into the work will help then we can make right. the collapse of silicon valley bank mino rethink interest rate plus australia wants to create a new fleet of nuclear power salary and the price counting the cost on al jazeera. this tensor given his life is now home to hum brozowski or your families. if to some, some is a model for who has to find a way to provide for her children. her mother who leave in law, he as well died in diverse weights. a lot going for you is beyond
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words. in my 27 years of life, i've never seen something like this. one median of nearly 4000000 seating refugees living in turkey, but in the process of cause downtime. many of those west cape, to serious even war have spent more than 4 years in refugee camps, inter q. some of them need to be modest homes, but many are now back where they started, more than a decade, looks to be what has killed or this place, many serious millions of them for the trickier looking for safety. it wasn't easy to begin a new life. no, of course have taken what they built here in the years seems and they would have to start from scratch. ah, switzerland's biggest by cuba announces it's taking over its troubled arrival,

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