tv News Al Jazeera March 19, 2023 10:00pm-10:31pm AST
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in my 27 years of lab, i've never seen something like this. one median of nearly 4000000 seating refugees living in turkey, bought into progress, golf, graziano tampa. many of those west cape, the city of steuben war, has spent more than 4 years in refugee camps inter q. some of them need to be at modest homes. but many are now back where they started. more than a decade of civil war has killed or displeased many serious millions of them for la, trickier looking for safety. it wasn't easy to begin a new life. no, it could have pick him what they build here in the year seems and they would have to start from scratch. ah, switzerland's biggest bang hubie asked announce as it's taking over its trouble, the arrival of credit suisse with help from the swiss national bank.
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ah. hello, i, marianna mozy in london. you're watching al jazeera said coming up on the program this hour. just a day after the i. c. c issued an arrest warrant for in russia's president pays a surprise visit to marable, ukrainian city is forces left in ruins. 20 years after the u. s. invasion of iraq. why this oil rich nation is still struggling to provide power and clean water for its p. and in india plummeting onion prices spark a crisis for farmers and calls help. ah, we begin in switzerland, where in the last hour it's been announced at the country's largest bank, u b. s. as agree to buy it's rival credit suisse. swiss national bank says it will
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ensure that both banks have access to the necessary liquidity to underpin this dale . the government has welcomed this agreement. regulators were pushing for a deal to restore confidence in credit suisse before the financial markets open on monday. fairs of contagion are running high after the collapse of the us lenders, silicon valley bank and signature bank. on friday, the liquidity outflows and market volatility shows that it was no longer possible to restore the necessary confidence. and that the swift and stabilizing solution was absolutely necessary. this solution is the takeover of credit history is by you bias. it is supported by the for the raw consul, following several meetings with the 3 national bank. we've our regulator, the fin map with registries and you'll be us. and if you are concede, welcomes these, take over and is supporting it by guaranteeing the framework conditions necessary
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for its success as can minus now from paul van. and he's been following his story in, so pull this is and my chairs a till switzerland's biggest banks, the international players really tell us more about the significance of this deal and how it's going to work. the news conference is still ongoing. we're hearing from the u. b s. chairman, right now he's saying all the right things as far as trying to restore stability to the markets is saying, this is an integration rather than a takeover. he says it's building on the expertise of both enormous opportunities. he's talking about and you be as will remain rock solid. the other phrase that i've seen heard come up again and again in the early parts of the news conference with the members of the swiss regulator and government were talking that was too big to fail. a phrase again and again at credit suisse of one of the big 30 banks in the world as is u b. s. and frankly, if that had run into, well,
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if it been allowed to go under than the ripples around the financial globe would have been extraordinary. but the issue about credit suisse is that the outflow of funds was just getting unmanageable. some 10000000000 swiss francs a day were being taken out of the bank by depositors in the past week. and as a result of dismissal, taurus is knew that they had to do something. they knew that a takeover essentially by u. b. s was perhaps the best option in order to restore stability in order to protect the economy as they've said. and the other thing that's been mentioned to protect the swift switzerland's international reputation for financial a property and says that this deal has been done to china. we're still convince him markets now obviously keen to make this announcement to try and calm investors had of markets opening on monday. what is the analysis about whether it's gained her to work? was a couple of things. first of all,
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we don't know what the terms are yet. the financial times has been at the forefront of reporting some of this. they've got some good sources. it seems they were talking about a price of $2000000000.00 that u. b. s would pay for credit suisse that hasn't been mentioned in the news conference that's been taking place so far. neither has the actual numbers of what the deal will will, will be. the credit suisse shares were at $1.00 swiss francs when they closed on friday, reports were that you b. s would offer only half of a swiss franc for each u. b. s. of reach crates, we share an annoying cash terms. but in, in an exchange for u. b. s, yes, the, i think the other really interesting thing is that the authorities in switzer push this through essentially bypassing the need to have a shareholder vote. now, there are shareholders who are not going to be very happy about this. it's a massive undertaking. there are guarantees that the swiss government is offering 1000000000. i mean,
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multi $1000000000.00 guarantees that should offset any more volatility in the markets. but who's to say that a whale or some whales out there might come in and try to continue church or to rock the boat for these financial institutions? yeah, we will see when the market's open on monday morning. thank you very much for planning . ah, just a day off to the international criminal court issued on arrest warrant for him or shes presently dim of putin as made a surprise visit to the russian occupied city of mary paul in ukraine. it's in the daniel screeching. it was annexed by moscow last may, after being reduced to ruins in the 1st months of russia's invasion, state t v. ad footage of putin driving himself around several districts of the devastated city lay on saturday. though no damage was shown. if his is had a play ground where he was briefed on reconstruction efforts by his deputy prime
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minister, who she was also seen meeting re housed residents and asking them if they like their new neighborhood. he was shown restoration work at university. and he also saw a theater of this comes a year after hundreds of people were killed in the bombing of another theatre. and mary poll families were sheltering at the time despite the white children being written in short, in russian, in front of the building. acquaint officials are quick to condemn the visit with a presidential, a tweeting that the criminal always returns to the crime scene. the murderer of thousands of marble families came to her admire the ruins of a city and the graves cynicism and a lack of remorse. this was a tweet that was all, so i put out by the defense ministry. it reads as befits a thief couldn't visited ukrainian mariposa under the cover of night. first it is safer. also, darkness allows him to highlight what he wants to show and keeps the city and his
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army completely destroyed in its few surviving inhabitants away from prying eyes. those are some of the tweets from ukrainian officials. now stephanie deck, as more in the story from keith, certainly a very strong and defiant p. r. a message. he flew into crimea the day before to mark 9 years since the annexation of crimea, and then went to mar, pulled in a helicopter and drove around the city. the russians issuing picture of lodge mere pollution behind the wheel of a car being shown at the city. so i think a certainly a message there that regardless of a 123 countries now in arresting him, if he visits them because of the arrest warrant issued by the international criminal court, he showing that he's very much mobile when it comes to definitely areas that russia has now annexed at the same time. it's also about a year since a devastating siege on mary paul. it's the 1st time that vladimir putin visits any
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of the occupied territories since the war in this kind of a more official proper way and mar, paul, of course, suffered immensely. half the city was a skeleton of itself due to the heavy bombardment. no electricity, no water for months on end. and actually around a year ago, there was the most devastating loss of civilian life. the russian hit, a theater where civilians were sheltering and was very difficult at the time to get news out. because hardly any journalists were in the city, that's how difficult it was. it transpired months later that hundreds and hundreds and hundreds of civilians had died in that attack. and actually children had been written on the roof of that theatre at the time. amnesty international was saying that this was very much a potential war crime so, so i think to fold the message there, one defiance to the i, c. c. and to of course, his visit to a city that was very much bombarded and was and suffered under the hands of the
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russians now saying as his turing that they are looking to rebuild to continue reconstruction in prague. a check and ukranian activists have placed a sign reading children in russian in candles outside the national theater to commemorate the 1st anniversary of marrable theatre bombing bombardment happened on march. the 16th, as russia was laying siege to the poor city, which is strategically located on the sea of as of a number of people who died in the theater. bombing was never actually confirmed, and russian authorities demolished most of the building late last year. we were here because we want to remember the terrible, terrible thing that happened in mario ball when the watching war criminals and russian army will bar do theater. were we, they had written, did you? which means children, it was written in russian was specifically written the russian because people civil people who were trying to escape from the bar man from rockets from we saw that
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were born there. see, they were thrown to escape it in 2 in the underground of the theatre, which was fight in the center of the city. very 3 most very important place for people from what are you part of the years of tension, hostility, officials in iran say present res. see, as welcomed in invitation by the saudi king, solomon to visit riyadh, 2 countries of all. so now's plans for their foreign ministers to meet, comes after the regional rivals reached an agreement to mander a 7 year rift. earlier this month, saudi arabia caught relations with tower on after iranian protest as attacked saudi diplomatic missions in 2016 following the saudi execution of a shia cleric, or as prime minister hussein amir abdulla yon says, at the meeting is an important step alley hash. him has more from tat ron relations between iran and saudi arabia are moving fast and they to the really impressed them to reveal on sunday that came so man of saudi arabia extended an invitation to. but
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i am lazy to visit to ya there in president, according to what, how much i'm shooting, welcomed invitation and stress. this country is ready. let's do more thought size. now, on sunday, also iranian foreign minister said abdulla he on that cobra issue of hearing and saudi relations, a news dresser. and he said that both countries are currently studying the new settings and how both foreign ministers could meet more that are more through arabic. 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 and organized practical steps to reopen embassies. caught up over the last 10 days, messages had been exchanged between the 2 countries through the swiss embassy. we announced we are ready to hold the meeting, and on the last message sent from us, we suggest 3 places for the meeting. a book on m. b. ion said that technical teams
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from both countries are visiting the capitols in order to make sure that the embassies are ready to receive the new diplomats. you also said that relations with bahrain, all written, you say you turn really full thought of all my leaving invitation to revive thighs . you also wrote on the promotion of relations with jordan to the level of ambassadors and the dialogue taking place with egypt. the asher major sierra that on 20 years after the invasion of iraq opec 2nd largest oil producer, is still struggling to provide basic public services like power in keen water to its people. political instability, endemic corruption and security issues, a whole left the economy and flux from basra solid. bon jovi reports the buttress famous italian bridge wasn't here 20 years ago. neither was the main road that leads to busters international stadium. now the streets are peaceful and
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there's relative political come in the city and across it all have to be the chief more than $8000000000.00 a for an investment up to february 2023. we are keen to achieve major projects, and 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 image noon, which means crazy in our big something that refers to the large amount of oil, there's found here in one location, an 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 corruption, red tape and an unstable region invested the lining up there, 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,
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and on a stretch budget, that's the burden. it also spends an estimated $5000000000.00 the unimportant diesel and petrol. that's left it off currency struggling against the dollar, and that's not all. and there's no malia and the obvious had the remodel. it had to, 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 diverse and climate change has increased risks of food shortages. 2 decades ago, the 1st battles of the iraq war were fought in buster, a city of a 1000000 people was besieged by mainly british forces. cluster munitions were used
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in the international coalition to band uranium weapons says u. k. and us forces use depleted uranium. frizzy is after the invasion, a lot has stays yet. this province continues to remain the bad one put off 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 bus will sell to bring you on the program. measles cases of rising dramatically in gonna, i made a shortage. a lack seems that that is inflation. all government mismanagement and blame brazil, security forces launch a crackdown on criminal gangs off to 4 9th of attacks in thousands of cities. ah, but hello there,
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there's lots of mild weather to be found across europe as we start the new week with spring like features dominating we do, however, still have some pretty wet patches, bringing with them the threat of flooding. one of those is lingering in the south east, the area of low pressure sitting across turkey. it's still bringing some wet and when she weather here, windy weather as well for some of the greek islands and a threat of thunderstorms for central parts of italy. that's part of a wider spell of where to whether working its way across the east. lovely conditions to be found. however, for the iberian peninsula, with sunshine, spain and portugal, the worst of that wet weather. however, lingering in the north west, we've got rounds of rain rolling into britain and the island of island, but temperatures here still picking up for places like london and. and now we've got this batch of winter weather working its way across finland and the baltics the could bring some flooding to the likes of latvia. i'm gonna knock the temperature down in riga that nearly 10 degrees celsius from monday into tuesday. it does get
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wet and window across a low countries into denmark, germany and poland. but temperature is still on the up here is the you are the wintry though. the southern areas of norway osler coming in at 3 degrees celsius that to weather update. ah, iraq, a nation riddled with land mines and an expert dedicated to defusing them, one by one. equipped with all your life on the ellsworth you faced every day. ah, but does his work make him a hero or talk? witness? the minor on edge or cedar lou.
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ah, welcome back. an update to the main stories this our switzerland's largest buying u. b. s is agree to buy. it's a troubled rival credit suisse for $3200000000.00. that deal includes more than a $100000000.00 into quantity assistance from the swiss. central bank. regulators have been pushing for deal to restore confidence before the financial markets open on monday rushes. president obama fusion is made a surprise visit to the russian occupied city of mario pole in ukraine state tv ad footage of crews and driving himself around several districts of the devastated city. late on saturday, though no damage was shown. and after years of hostility officials in iran say president rice is welcomed an invitation by the saudi king so long to visit riyadh
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. 2 countries also announced plans for that foreign ministers to meet in avenues. in his rate. he might have been wounded in an attack in the occupied westbank. palestinian gunmen opened fire on, on israeli capital in that car in the town of horror. where a similar shooting last month prompted israeli settlers to go on a violent rampage as happened as israeli and palestinian officials holding talks in egypt to help restore carmen and the surgeon violence. their deb room has worn out from ramallah. we know that a palestinian has shot out a car that had is radio in it. he shot around 20 bullets of we believe that the gun he owned or, or he had is carla gustavo, 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 our palestinians, they said that they've seen these really forces arrest the palestinian a. he's a been taken for questioning. now it's interesting that these events take place on 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 to add to israeli 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 so i will shift today and then more large protests in france against controversial pension reforms. demonstrations come off to present microns. goldman bypass parliament on thursday to push through
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a rise in the state. we're time in age from 62 to 64 in response, fragile makers on both sides of the political spectrum of filed no conference motions against macros, centrist alliance. and though it does still have the most seats in the national assembly vote is scheduled to take place on monday. flooding caused by cycling friday is now kill more than 430 people in malawi. international aid is arriving, and rescue operations are continuing for those stranded by the flood waters for me to mila travel to and sanjay district, which has been cut off for days. it's been a 5 day weight. and finally, help has arrived under grid medina to win very been for waiting for your board to get to the mainland garcia is not hold. we are very hungry among those weight and to be saved is for tim afraid and her child or visit anymore lonely. so by the grace of god that we alive, because our friends, we're taking bay, the water,
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our friends are dead in india. they are dozens more stories like these in my congo and central malawi. the area lies between 2 large rivers and heavy rain and winds from cycling 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 u. n. z volt food program or w f. p. currently we are operating for little boss from the buick b r g m, as a huge number of people that want to be acquitted to bug walla, which is an upright jayceon is cooking the last of amaze. she tells us she survived powerful flood waters by tying her 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 are waiting,
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but they are victims of the flooding 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 bungler is also cut off from surrounding towns and cities. but after 3 cycling 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, domina al jazeera and sanjay district malawi, ganna is struggling to respond her measles outbreak in the north, jude, her shortage of vaccines. governments as it can afford them because of high inflation. but critics, blaine mismanagement calling. baker explains zena adams lives in the city of tamale, 600 kilometers north of gone as capital across. 3 of her children are sick with
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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 with them at the hospital, and the little money i have is what you spent on their medication. 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? xena 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 since 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
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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 vaccine, including for measles, ran out it blames and inflation rate of more than 50 percent already built to 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 gonna is among many african states whose vaccination programs were brought to a standstill during the pandemic, the government acknowledges there were shortages, but says it's managed to get some new deliveries that they've come to late for st. children. and she can only wait and hope they recover. column baker al jazeera and quit on per or assessing the damage off her strong as quake on saturday. at least
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15 people were killed. hundreds, move wounded in the 6 point. 8 magnitude quake destroyed buildings crushed via. and deborah could be seen sissy's like karla and swenson at quito. government says many rows have been blocked by landslides caused by the earthquake. brazilian security forces have launched a major crackdown on criminal gangs after 4 nights of violence in the north of the country. at least 3 suspects have been killed and 97 people arrested since tuesday . the operation was launched after gangs torched vehicles and shot at government buildings and dozens of cities. please say the crime way was organized by jailed gang leaders in protest. conditions inside prison. our intention is to fight crime and to intensify our police. may i help and support the units that are on the ground to address the situation that is happening now in rio? graham bogart. in india, a sharp drop in onion prices in the western sate,
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of my rush tra, is led to a crisis among farmer's countries. the world's 2nd largest producer of this vegetable state governments as it will compensate growers, after hundreds of farmers, started protesting from law. so gone, have any met our ports? i know this is how prices are decided at each us largest onion, wholesale market. farmers in trade us from nearby areas meeting the town of laslie go every morning to day, then buddhist samba, they say they're struggling because of falling prices, like never little back on the funnel guy, whisky white as i am going to him, i lost more than $1300.00 the season. i'm known dept. i can't even done my house. i'm worried if i will be able to grow onions next. you know, i'm scared my little increase in all. we struck in cycle of lawns. the western state of my roster, as india's largest producer of red onions recently prices dropped by half,
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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 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 wrought, let architect them. i did not heard of it. j to say they're trying to revive the market before the summer harvest arrives, then courage and cost to must abide lower prices and working with farmers to find long term solutions through. i did a big while. it was on a scheduled opposite both color red august. yup, it, these red onions cannot be stored for too long, but pink conyers have along the shelf life. so we are asking for miss to expand warehouses for those. 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, say we can. so the produce that last week housings of farmers started marching to
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move by to demand financial assistance be ended. their protest after the state government agreed to their demands. those include subsidizing prices and waving loans. some say the solution is only a temporary fix. markers enjoy all. oh, should are 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 gown, western india, ah.
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