oh, me a the salience of the world biggest gambling losing tens of billions of dollars the year one on 18th investigate with fred gambling addiction on out of the year. ah, a swiss bank u b. s is buying trouble, the rival kiddies recent estate back deal to avoid market turmoil regulators in

asia. say they are prepared as markets open. ah, sir. oh man. yeah, it's great to have you with us. this is al jazeera light from door, also coming up flat image, putin welcomes what he calls china's constructive role and trying to end the ukraine war ahead of shooting things visit to moscow. iran's president receives an invitation by the king of saudi arabia to visit riyadh. after years of hostility, a climate change red alert, a un climate report due in the coming hours is set to warn the world the time is running out to curb emissions. ah, the swiss government has persuaded u. b. s. bank to buy struggling rival kitty's risk for just over $3000000000.00. this is the latest attempt to stem market turmoil that began

a week ago with the collapse of silicon valley bank in the us. the swiss national bank says it will ensure both banks have access to enough cash to make this work. soon after the swiss announcement, the u. s. federal reserve, the european central bank and other major central banks, assured there would be enough liquidity in the markets. the bankruptcy of a global systematically important bank would have crossed irreparable economic term, oil in switzerland and throughout the world. for this reason, switzerland had to take the responsibilities beyond its own borders. these efforts have paid off the federal counselors can winced that u b. s. takeover of credits. this has laid the foundations for greatest stability, both in switzerland and internationally poll brennan has been following developments on this from london. it's been a really tumultuous and frantic few days in the international banking sector.

pretty much, ever since weapons day when credit suisse was extended, a $54000000000.00 credit line, which it was hoped would keep the bank going. in fact, it failed in not attempt. and last week, credit suisse was seeing deposits taken out of its coffers. the rates of some 10000000000 swiss francs every single day, a real crisis of confidence in the stability of that bank. now the news conference that's taking place on sunday evening has outlined the problems and the options on frankly, they said the takeover by u. b. s. was inevitable and unavoidable. and the idea that this was a bank that was too big to fail has come up again. and again, in the news conference, there was a whole raft of senior executives in that use conference and some of the quotes from it were as follows. the finance minister saying that the top priority was to

protect the financial sector and also switzerland's reputation for international banking. the president said that they believe that they come up with a very strong solution to a complex situation. and the u. b. s. chairman, who is the person who is going to be helping the new entity coming out with some very strong, very reassuring quotes. saying that this was an integration as opposed to take care of an enormous opportunities. he spoke called that u. b. s will remain rock solid. now, the importance of that is to try and reassure investors. a russian president vladimir putin has welcomed what he calls china's constructive role in trying to end the war in ukraine. chinese president shooting thing will had the russia later on monday for today visit. she called his country's friendship with russia an all encompassing partnership. katrina, you reports from vision. she didn't being has visited russia any time 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 from oscar as it continues its invasion of ukraine towards utah with china and russia working together. the world will have the driving force toward 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, both parties are exhausted. and yeah, the white, she has the hoary issues,

are you trying to get off and you all 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 a 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, she declared a no limited partnership with moscow. expanding trade between the 2 countries has become an economic lifeline for the sanction country. she and putin are also good friends and have met 40 times,

including on kootenai birthday the united states as china is considering providing military support to russia, which b jane denies. she is reportedly planning to speak to vote him is lensky following his moscow visit. it would be, she's 1st conversation with ukrainian president since hostilities broke out. care says it's cautiously receptive, debating, involvement. but a withdrawal of russian forces from any occupied territory must be included in any piece deal. katrina, you al jazeera, they doing just one day after the international criminal court issued an arrest warrant for him, vladimir putin made a visit to the russian occupied city of mary paul and ukraine. the city and had done yet screeching was an answer annexed by moscow. last year, who then drove round several districts on saturday and was shown restoration work at a theatre and 8 university. or you, paul was the focus of one of the bloodiest battles of this war. the u. n. estimating nearly 90 percent of residential buildings were damaged or destroyed in

the russian siege. after years of hostility officials in teheran se president they bram racy, has welcomed an invitation by saudi arabia's king salmon to visit re add. the original rivals also announced plans for their foreign ministers to meet. earlier this month, the countries reached an agreement brokered by china to reopen embassies after a 7 year rift. eli hush m has won this from tara 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 i am lazy to visit 3. are there any president according to what, how much i'm shooting. welcome to invitation and stress. discuss his readiness to boston thighs now on sunday. also iranian foreign minister for st. emmet, abdulla he, and tackled a show of hearing and saudi relations in his dresser. and he said that both countries are currently studying the new settings and how both foreign ministers

could meet more. there are more to 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 embassy support. over the last 10 days, messages have 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 abbey. i will i and said that technical teams 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. oh, with michigan you turn willful thought of all man leading invitation to the vive, thighs the also welcome the promotion of relations with jordan to the level of ambassadors and the dialogue taking place. with egypt,

the ash and jesse era that on palestinians have been protesting in hebron and gaza against talks between israeli and palestinian officials in egypt, hamas which god governs. the gaza strip has condemned the west bank based palestinian authority for joining in the meeting. the talks were bid to contain rising violence in the occupied west bank. now at the meeting, both parties agreed to try to deescalate tensions and continue talks. as those talks were taking place in is really man was wounded in an attack in the occupied west bank policy in gunman. open fire on an is really couple in their car. this in the town of horror. now a similar shooting last month prompted is really settlers to burn palestinian homes and businesses. rom inquiry is director of global engagement at the american university of bay routes. he explained what he believes will come out of the senate in egypt. what is good, i think in the communique does talk about practical things that the palestinians

really need, which is finances and stopping, hold temporarily holding settlements and new lateral actions. but these really just promised us before and never really delivered. so it's hard to say this is good or this is bad. i think it's, it's good in principle, but you really have to wait to see what comes out of the palestinians are suffering daily on their occupation. expropriation learn new settlements, rampages by settlers, curfews killings, all jamming these things have to and this is what people are going to look at. if you do get a cessation of vision is really criminal actions. then there will probably be a period of quiet in which these things are not killing each other, but you still have the occupation and the occupation is not mentioned in this and

this except for this, there's an intriguing praise, talking about a political horizon. oh, you know, a political horizon, can you do anything you want to mean but in diplomatic speak, it means moving to a political negotiation to resolve the underlying political issues which are the occupation by israel. and conversely, the palestinians, recognizing israel, the persons of already told israel many times they recognize it. so let's see. we have to in seen as president joe biden has spoken with you is really prime minister benjamin netanyahu to express his concern about planned overhauls to the countries judicial system. hundreds of thousands of israelis have turned up to ongoing protests as the bill makes its way through the legislature, the plan would limit the power of the supreme court and critic say that threatens democracy. 20 years after the invasion of iraq opec's 2nd largest oil producer is still struggling to provide basic public services to his people like power and

clean water. political instability, endemic corruption and security issues have all left the economy and flux of some a bunch of aid reports from basra buttress famous italian bridge wasn't here 20 years ago. neither was the main road that leads to busters international stadium. now the streets of peaceful and there's relative political come in, the city and across iraq. how can a law we've achieved more than $8000000.00 of foreign 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. this oil field is being much noun which means crazy in arabic. some say that refers to the large amount of order. there is found hair in one location and estimated 38000000000 barrels. the mission field produces

240000 barrels the day for iraq's economy. and production is planned to be expanded to 5 and a half 1000000 barrels per day. it off governments, as despite obstacles like corruption, red tape, and an unstable region. investors, 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 on importing diesel and petrol . that's left it offs, currency struggling against the dollar. and that's not all. and isn't an miley any idea of a little heather in mildly, we had to it as estimated by a parliamentary committee. corruption costs around $10000000000.00 a year, around $600000000000.00 have been smuggled out of iraq in the past years. we have to fight against corruption, administration, and financial. there's no real development in the rocky economy on one. 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 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 and the international coalition to ban uranium weapons says u. k and us forces use depleted uranium. frenzy is after the invasion, a lot has changed yet. this province continues to remain the bad one, put ross oil based economy. but still, the complains of the people are a lack of job opportunities infrastructure and the lack of attention from the people in power. family guy without the 0 butter. still a head on al jazeera security, ramped up across nigeria as the country tallies results of state governor's elections steamers.

ah, ah, hello, there was start in the middle east and live and an unsettled weather continues to steal the story, particular across northern areas of the region. we got an area of low pressure sitting around turkey, that's brought some very heavy rain and wintery conditions. it's also caused some flooding here and in syria. and we've also had some unusually heavy rain for in southern areas of yemen and mon, particularly salon in mind. we are set to see that rain continue. we could see some of those showers stretch their way further east, but it is a story of wind. by the time we get to choose day, we could see some sandstorms that blow into places like guitar and the u. e. as of the wind picks up, that's going to affect visibility as that dust floods the air now was we move to

north africa. it's also a story of very ferocious winds. here you can see them picking up across western areas of libya as well as to nicea and algeria, a few showers here and there. but it is going to be the wind that brings the threat of sand storms west across the gulf of guineas, some ferocious thunderstorms rolling into nigeria by tuesday. that joins up with wet weather, stretching all away across that central band with some welcome rain coming into somalia. mogadishu, at $29.00 degrees celsius on monday. ah . of breaking down the headlines to exposing the powers attempting to silence. recruiting what to do, what to, to investigate, why didn't you ask if there are many joins that said censor people have a chilling effect on subsequent stories. the listening post doesn't cover the news . it covers the way the news is covered to suppress moderate. and in some cases,

amplify the content you see on your part of the listening post on al jazeera lou. ah, your headlines on al jazeera, swiss banking giant u. b. s. is buying troubled rival, pretty stories for just over $3000000000.00, an estate back deal. it is hoped the deal will shore up confidence in the global banking system after the collapse of to us lenders. chinese president, shooting thing is set to travel to moscow on monday for a 2 day visit. russian president vladimir putin has welcomed what he calls china's constructive role and trying to end the ukraine war. after years of hostility,

officials into iran say arraignment president abram racy has welcomed an invitation by saudi arabia's king salmon to visit rhea. earlier this month, the countries reached an agreement to reopen embassies. now a warning on the need to tackle the climate crisis is set to be released by the united nations. on monday, the u. n. report is set to be a textbook for addressing climate change. our environment editor nick clark explains. it seems almost every day we are reporting on the growing tragedy and unpredictability of climate change. this is malawi, hundreds dead, hundreds of thousands displaced, the cause. a record breaking cycling on the other side of the world in argentina. endless brutal heat compounding a drought with farmers facing losses of $14000000000.00 in every country on every continent. the climate emergency is takia grip, and it's not as if there haven't been warnings. listen to the former nasa climate

sciences james hanson addressing a u. s. senate committee way back in 1988. altogether. this evidence represents a very strong case in my opinion that the greenhouse effect has been detected and it is changing our climate. now, of course, we now know that hanson's words didn't change anything for the batter. 3 decades late said the warnings was still coming. the climate crisis is a cold ransford humanity and these assembly and the government set on the world's face a moment of truth. well, it's been 2 years since antonio tear has said that and fossil fuel emissions continue to rise along with the colossal profits for the oil giants and global temperatures. yep. they're going up to. meanwhile, the extraordinary weather keeps rolling in light, snow storms and record heat waves symbol tenuously in the united states in february . so this latest reports will now become the fundamental policy document for

shaping climate action. it is the distillation of years of work by hundreds of top scientists, whether or not, well lead as we'll act on it. that is another question. heavy rain has caused multiple landslides across peru, putting thousands of lives at risk. it's not uncommon for hillsides to collapse during the rainy season, but a cyclone, an warmer than normal sea waters are making matters worse. marianna sanchez has more on this from lima ah. coastal areas from north to central bid, who are in state of emergency. dozens of lance lights have buried. holes plots have washed away villages. thousands of people have been left homeless. it is the rainy season here, but the dilute is heavier than usual climate experts say the ocean's temperature in the north coast is at least one degree warmer. they blame that on a phenomena called the nino, and it could spell more rain and mudslides sierra because some of that,

i mean there will, we are totally vulnerable any excessive rain continues activating landslides, and we still have a month and a half left. anything can happen, the a brisk, are nearly 3000000 peruvians who live in ravines and river banks in commerce district. the 2 young river has washed away many homes. frightened residents are living outdoors, l. u at man. this says the government has abandoned them by the only way, where am i going to go? we live in precarious homes. we want retaining walls. we made decent living conditions in 2017, a coastal, in your cost, more than $3000000000.00 in damages. this community was one of those washed away, madeline up in yes, as they were built in the same spot because they didn't have another option. we don't have money for a better home. that's why we've taken the risk of living here. we don't want to, we have to experts say climate change is making these disasters more frequent.

there are emilio, her reveals who live in barely habitable area. they build their homes without permits. what authorities have done nothing to stop them. so others kind of suit nearly 10 percent of the new population are at risk. many complained the government doesn't have a plan for them for the state doesn't have a social housing policy. the state implicity says, i do not give you housing, but you can occupy the public land you want from time to time, i will give you water and other services. the government is focused in tackling the emergency expert, say, river drainage and channeling systems must be built along the coast. but people like say they need urgent solutions for now his community will have to hope they won't become the next victims of the extreme. whether dana sanchez, i guess he didn't, mexico central bank has raised the key interest rate to a record high of 11 percent to try and reduce inflation. now this is the fourteen's

consecutive hike since the middle of 2021. but it has not managed to stop the price of food from skyrocketing. we spoke to one street vendor to find out how people are coping. we know me if somebody ever left us that was. my name is rosa maria velasco zaragoza ive been managing the store for about 30 years now. we've had good times and weathered some bad times, but we remain in business. thank god the our clients are working plus most of them and minimum wage. so we make products that they can afford with what little money they have to find on my knees, that bread mayonnaise, me, everything is getting more expensive. the last price to increase was bread. so we had to increase our prices. also, our customers noticed to the market. now yes. as the inflation

rises, people take more care of their money. it is worth less. so if they don't make enough to wait on the street, maybe that will bring their lunch from home. at the no, i get this inflation affects everybody. they is customers and us is merchant. now our sales have dropped to half of what we used to sell day to some of the also, as a matter of fact, we sell even cheaper than most of the sandwich tools. we try hard to keep process low, so we won't lose my customers know by the way that 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 and allow we more than 400 people have died from flooding caused by cycling. freddy international aid has started to arrive and rescue teams

are still looking for those stranded by the flood waters. i mean, the miller traveled to the sanjay district, which has been cut off for days. it's been a 5 day wait. and finally, help has arrived to my regular well being very pin for waiting for a boat to get to the mainland because it is not food. we are very hungry among those waiting to be saved if a tim afraid and her child. well, those are gonna maloney sauce by the grace of god that we alive because our friends were taking bay, the water, our friends are dead leading. 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 cycle and 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. vault food program or w. f. p. currently we are operating for little boss from the buick b r. dennis, a huge number of people that want to be acquitted to bungalow, which is an upright trace. johan 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, 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 bungalow, 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, tamela al jazeera and sanjay district malawi security is quite across nigeria has both counting continues after saturday's elections for more than 900 assembly legislators and 28 state governors from cano northern nigeria, ahmed address reports a sure force by nigerian security forces. this is a psychological move to preempt any violence following the elections across many of those states. tension is high. i had of results being announced, especially in those states that have been keenly contested fuel cases that will come across would in the confidence building pattern, which on the agencies where part of and i let,

has given their desired quoted and all the people that threat will not be used, intimate it in a border. the streets of colonel in northern nigeria come, i shall hop, are largely deserted. business people anxious about what could happen when results are announced. have locked up, determined to protect their ballots, voters and party supporters are waiting at result correlation centers nationwide. as a battle ground state county has always been prone to post and letting violence security forces say they are ready. but analysts warned against under estimating the potential scale of violence after the results were announced, especially after the violence that killed several people in the last presidential election. security is high at the vote counting centers. and what happens in these halls will have significant political and secure implications for africa's biggest democracy. we are phrased and we remain saw on war ever citizens. chas. is

the person, those people you see in the relation sent out, declare. so i'm absolutely confident about that transparent sell the process in areas in lagos, why violence and vote intimidation? have been reported? voting has been held again. vote buying by politicians has also been recorded around the country. for now, it's not clear how much the violence and irregularities will affect the credibility of the election results. but every once a sway to for it reese al jazeera, kendall, nigeria, monta, negroes, incumbent president, me load, you can of each will face or run off on april 2nd, after winning the most votes in sundays election, but not the 50 percent needed to win outright. his opponent will be pro european economist jack of military, which an ongoing political deadlock installed of the nato members bid to join the european union. ah.