a whistleblower and a patriotic military commander. witness presents this congo on a jesse, you know, there is a story being spun, a sanity with being sold. the notion that we can offset all the carbon we generate does carbon offsetting actually work. what is being done isn't worth sitting in the pro is net 0, just the couch. rays. met through mission, and that's there. right. you know, climate neutral poly ray examines the myths. i'm delusions in the struggle against climate breakdown. all hail the planet episode one on al jazeera. ah, ah. hello and welcome to the news our i'm laura kyle, live in doha,

coming up in the next 60 minutes. financial markets keep a watchful eye as the u. s. federal reserve decides whether to raise its interest rights. lebanese protested, tried to storm government headquarters angry at a west the economy that shattered their lives. a landmark un report paints a grim picture of a global crisis. 2000000000 people have no access to safe drinking water and the climate change could make at west wise by the sexual abuse in eastern democratic republic of congo as conflict increases the violence in full form arsenal and terminate me. so it was a little cold time on his career, the world cup of winning. matilda has retired from football at the age of 34. ah.

ah. hello, they're welcome to the news our now just in the last minute the u. s. federal reserve has announced its interest rate decision, is putting the federal interest rate up by 0.25 points. that means the overall rate now sits at 5 percent as go straight to our correspond ayesha castro. she's outside the federal reserve in washington, d. c. this was the decision hydra federals of was widely expected to take was met. that's right. thus these are expectations that came after the turmoil we saw catch fire in the banking sector in the u. s. in just the last 2 weeks. originally, it had and predicted that today's rate hike would be closer to half a percentage point. so seen a quarter percentage point is what the expectations had tampered down to be. in light of the recent developments, of course, this is all due to the 2 bank failures that we saw starting on march 10th with

silicon valley bank in california. when it was taken over by the federal regulators after failing. why did it fail? it could not keep up with the withdrawals from it's from its depositors because its assets had so sharply decline in value, in part due to the continuous rate raising of interest rates that we've seen out of this central bank in the last year. of course, the purpose of these interest rate hikes is to combat this inflation that's remains high though we have seen movement downwards in the last few months. so the fed board taking this action now raising the federal interest rate by a quarter percentage point. certainly a response to what we've seen in the banking sector these last 2 weeks. it really is a very delicate balancing situation that the fed finds it. so fin, what's gonna be the reaction? do we think to this is it's going to be does it can be the reaction that it's

looking for. hey, that's right, we're certainly going to be watching how the markets react. they have been trading very cautiously fire to this decision, but there have been some expectation that there would be no movement on the interest rate at all. so in a sense, the federal reserve board threading the needle, they're not going right in the middle of what had been expected prior to the bank failures. and the absolute no movement that had also been predicted by some. but really what we're going to look forward to as jerome powell, the federal chair, it has gives us news conference in about half an hour's time. our some pointed questions as to it more could have been done to prevent the bank failures. not only silicon valley bank, but also signature bank in the days after because the federal reserve had been supervising silicon valley bank in the year leading up to this failure. and there had been multiple red flags. there had been warnings given to the bank managers

about risky, the risky decisions have not mitigating the risks adequately. despite those warnings, apparently it did not work to save the bank. and so there will be many questions asked of what could have been done to prevent this from happening and perhaps reforms in banking regulation in the future. absolutely, it will bring view as that news conference when it happens in about half an hour, as you say, hi dee, just give a slight it take us back to the little broader picture here, the boat economic crisis at large a why the u. s. is facing such high inflation in the 1st place, right. what we're seeing here is similar story to all over the world. this is the part of the pandemic recovery with the difficulty in getting products to the u. s. a shortage in labor. all of that leading to soaring price, as we saw record 40 year high inflation in the u. s. a at,

in the middle of last year leading up to last fall. but we did see movement downward and the inflation numbers as a result of the federal reserves, aggressive efforts to raise the interest rate. this is the 9th consecutive time that the sport has taken this action in just the last year. however, inflation remained stubborn. it's at some 6 percent at this point, which is already much lower than its peak. however, the target rate that the reserve federal reserve wants is 2 percent were a healthy economy and we're still obviously triple that. so not only will we be hearing more about the board's decision making process, leading to this point $25.00 basis points, rate hike that they now to day. but we'll also be getting more of a forecast what the chair, jerome powell foresees for g d, p growth, for how long this inflation will stick around in the us. all of those answers to come when he gets his press conference. absolutely, from the moment, how does your customer it?

thanks very much for keeping up state will release his lines that from washington. that's cross over to robert scott. he's a financial analyst and a former senior international economist at the economic policy institute. he joins us live from rockville, maryland. good to have you with us. so is this the right decision by the federal reserve to raise interest rates by 0.25 percent? absolutely, my fear is it. it's going to push this further in the direction of recession, and i think it's going to the hardest on black and brown and poor workers who will shock for the most. if we go into a downturn, why do you think it will push us more? push the us more towards recession. while the federal reserve has reached interest rate 8 times in the last year alone by a total of more than 4 percentage points, adding raising rates again, we're simply adding more fuel to the fire. and we have to understand for the

economy is like a gigantic aircraft carrier. if he turn the wheel, it takes a long time for the vessels turn, but once it does, it's very hard to turn it back. so the 3rd has to be aiming at a moving target, and i think they're doing a very, very bad job of steering the ship of the economy. what do you think they should be doing then? frankly, i think the problem is not excessive demand, or which is what the fed says. they're worrying about it or the labor market tightness. in fact, wage wage growth is slowing. the real problem in the economy is excessive profit, taking by gigantic corporations or gobble up huge segments of the economy during the recession and recovery. the problem in the words is excessive

concentration, and the fed is the wrong agency to fight that. nick, we need the justice department, congress, no white house to address excessive concentration and soaring corporate profits. of course, the fed as is more focused perhaps on the immediate term it's trying to prevent contagion, is trying to prevent run on more banks. do you think that at least is going to happen? well, in fact, interest rate increases will only increase pressure on the bank. higher interest rates make it more likely that more banks will fail as the value of the long term bombs in their portfolio continues to decline. and so i think this is going to only add fuel to the fire. it's like point water on a gasoline fire, it will just spread it further. i think the fans should stop raising rates and put the pressure on congress and the white house and,

and the justice department to address excessive, excessive, profiting. ok. increases profits, explain more than half of the increase in inflation or the past 2 years. but how difficult is it for the federal is that to balance calming inflation with calming the problem in the banks? i think that the fed requires excessive judgment. and part of the problem is that, as we know, president, the former president, trump and congress did regulated the banks who took, took off some of the controls that were put in place following the last straight recession in 2010. and elizabeth warren have written a column and there are times pointing this out. it was that mistake which allowed the banks to be deregulated and get away from fed control. so, but the federal gains, many controls are made to focus on regulating the banks, not raising pressure on labor market,

which is what they're doing within further interest rate increases. ok, well that's great to speak to thanks very much for joining us to expand little bit more on this. breaking news at the federal was in the u. s. has just raise interest rates by 0.25 percent me. while in the u. k. food prices and now as a more than 45 year high, that's largely driven by a shortage of vegetables. the overall inflation rates increase unexpectedly in february after 3 months because of high food and energy bills. and all this could prompt the bank of england to raise interest rates there on thursday. the dean baba has more from london will after several months of falling inflation. this is something of a surprise and it poses a headache for the bank of england, which has already raised interest rates 10 times since december battling double digit inflation. so the headline figuring them yet a february 10 point 4 percent rising prices, 3 things driving that really 1st in the hospitality sector,

rising prices for alcohol and then food and non alcoholic drinks. for example, there been shortages of some vegetables from southern europe, partly due to supply chain issues linked to breaks it. partly bad weather and rises in general for food are over 80 percent. so that's going to hit the low income households, the hardest. and then you've got rises in clothing and footwear, particularly for children and women. now, the chancellor of the exchequer that's put in the finance minister. jeremy hunt has reacted saying that this is a reminder. no one should take a falling inflation for granted. but saying that he'll stick to his aim to cut inflation by half by the end of the year, the office for budget responsibility predicted it would get below 3 percent by the end of the year. but just on tuesday, he was calling this double digit inflation dangerously. high, it's dangerous, politically for him as well. the opposition labor party have said that this shows

that nothing is working better in britain compared to for 13 years ago when the conservatives took power. union bosses similarly as saying that the cost of living crises is not being dealt with sufficiently by the government criticizing last week's budget for favoring more well off households. and so this is just a reminder that with britain experiencing the highest inflation amongst the g 7 group of developed nations. this is not just in economic challenge, but a political challenge. a devastating financial crisis is pushed hundreds of people in lebanon bank on to the streets in protests against the government. this was the scene in the capital bay route. earlier on wednesday, the protesters mainly retired soldiers tried to break through a fence leading to government headquarters, security forces 5 tear gas. people are angry about the plummeting value,

all the pensions. and this is the state of the lebanese currency. one us dollar is now worth roughly $140000.00 lebanese lira. it's lost, 98 percent of its value against the dollar since 2019. most people get paid in the local currency and have seen the value of their salaries and savings crash. santa harder with those protests in beirut year for of an economic collapse. the currency is now worthless. the devaluation started in late 2019. but in recent weeks, there was a sharp evaluation. the central bank intervenes now and again to try to regulate the market by pumping millions of dollars. but many experts will say this is not solving the crisis. the li, ross value recovery little and then it depreciates yet again. and what the central bank is using is a dwindling foreign currency reserves. money that belongs to the depositors who

have been locked out of their accounts. in back there is anger. people believe that the political and business leads, if you can see many here are public public sector servants. they believe that the political and business of the they do not want to solve the crisis because solving the crisis will involve economic reforms. structural reforms fighting corruption, if the business and political elite do that, then they lose control over the states and its resources which they have been exploiting for years now. many believe the solution is with an i m f deal. but like i said, those in power are refusing to carry out the reforms necessary for that deal to be made. so the economy continues to collapse. 4 years into this crisis. the politicians are, have done nothing to come up with their economic recovery plan. and in the interim, there's also political crisis. the country does not have a president or a government, a functioning government in order to carry out those reforms. so an economic and

political crisis and know and insights a phantom or still a had her on this news are including french president, defending his controversial pension overhaul as labor unions threatened to hold more demonstrations and will tell you why israel's parliament has repealed part of a law that banned the legal settlements and the occupied westbank plus all the sports and the pitch that decided the outcome of the world and preschool. perfect santa is here with that story. ah, there's an imminent risk of a global war. so crisis, that's the warning from the un, which is hosting its 1st conference on water and sanitation in 45 years. it says more than $2000000000.00 people don't have enough water for at least one month a year. 26 percent of the world's population doesn't have safe drinking water and

nearly half of them don't have adequate sanitation. the u. n. z has water shortages will get worse in the coming decades, especially in cities. unless there's better international cooperation. in the last 2 decades, access to water has been declining because of climate change and population growth in columbia. locals are coping with severe water shortages. al jazeera, heard from one woman living in a poor neighbourhood in bogota and columbia, where supplies are scarce. his her story, in her own words mean on but i had you on our lindsay and my name is duwana valencia, and 28 years old. i live in the d. v. nanine, your neighborhood in the south of booker. they are gone, mister se, who i said when i arrived with my 3 kids 4 years ago, displeased by the violence in the chuckle region, many us esla oklahoma. but as i learned since the 1st day, we never had access to water for a household cause personal hygiene, cleaning,

it's very complicated again as the heart of the neighborhood receive water, least at night at times every 3 or 4 days. i da, the good heart of neighbors that share some of the water with me when the own. okay, and the weapon that i don't book it, but i'm working as a security guard. there are days that i don't bring any food at work because i have no water to cook it and i work tomorrow, but my uniform is dirty because i haven't been able to wash it with it. i hope same with my kids, school uniform, their shoes. i have loads of dirty dishes because i haven't been able to wash them either. them again i, i hope to be able to buy a big tank or find an organization that could help us get on the menu. but when he was given that this country, so rich in water, it's kind of the logic that we're living in a neighborhood where extra to watch it. you have the main issue when i get to work, when i would have that. but i think we have a right to watch or because water is life, notice, or

a low income areas around neighbor venezuela's cancel, correct? because some people say they haven't had tap water in decades. same bus raphi has more life in one of the world's largest oil producing nations, venezuelan say shouldn't be this difficult and access to a basic human right should be easy. they will, they might, they to just 2 or 2 and a half dollars for water. it's too much, we can't do it anymore because nobody can put up with that. sometimes the guys have running water from the well and sell it cheaper. more than 20 years. we haven't know what it's like to have tap water. no. running water has long been a luxury in the sprawling low income neighborhoods around caracas. a state owned company is in charge of supplying water practically free of charge, but it is unable to keep up with rising demand. on some residents of the tory

venezuela's largest villa benefit from a nearby well where they can collect ground water, others siphoned tap water from broken pipes or any mo guy working. we come here to get drinking water every 2 weeks. the use of the house i have to fetch and carry every day because we only have running water sometimes once a week and for 2 hours or an hour and a half if that. otherwise, we don't have water shrinking wages and rising prices make access to water more difficult. even informal traders are increasing prices for jugs and tanker water. but these sources are still preferable because they are more reliable than the state for access to the most essential resource for life. zane basra v o g 0, it was parliament had overturned part of a law. that bound inigo settlements in the occupied west bank. it's been in place since 2005, when is ready, settlers were ordered to leave, showing,

as well as withdrawal from garza and move. could see israelis returned to illegal settlements. they were ordered to leave in 2005. they included the villages of hum, mesh, son, or cutting and gunning near the palestinian cities of janine and nobliss. how much has been a flash point between palestinians and israelis in the past that as have been trying to re establish the site permanently. a 2005 does engagement plans, saw israel removed while the 9000 settlers from 21 illegal settlements from the region and estimated more than 600000 israeli settlers now live in hundreds of illegal settlements and outposts across the occupied west bank. emil calls them shareef, reports and victory for his rarely settlers. as the knitted lips, a ban on full settlements in the occupied best plan. it allow settlers to return to illegal outposts 18 years after they were ordered to leave in 2005,

then prime minister ariel sharon agreed that israel would be drawn from garza and seed. the settlements under the future deal with the palestinians is well, has now reneged on that agreement at court. i am both, everything exists fair except for the people. the houses, the people who are evacuated and the houses that were destroyed. now we came to fix it and there will be a town there. the palestinian authority has denounced the move. most of most, i'm out of thomas lawyer. i think when they return to the so called homage settlement and other settlements. this will show us that this government is going head with its plan to take an annex the lands and continue its open battle against the palestinian people. the e. u and israeli allied the u. s. have condemned the decision. last month, the israeli government announced it would recognize 9 settlements in the occupied westbank. since the 1967 war israel has established more than 100 outposts on palestinian land. the settlements are illegal under international law and the you

and has previously described them as a war crime is really is retreating from international comments. well, israel is denying the seasonal. it's also bring calls to return the land of those settlements, goods, private palestinian owners. and it also denies a law the law of these engagements which was accepted into san 5 when when is earn pulled out from gaza. the changes at the latest in a series of controversial moves by prime minister benjamin netanyahu is far right. coalition government, it's took charge in december. it comes at the time of height and pensions and the worst violence between israelis and palestinians. and recent years on the consumer sheriff and jesse ra, i'd get back as st. james bay that is at the u. n. n. york. where there had been

discussion, ultimate least today said james, what's that say about this change in law in it's well yeah, this is the monthly meeting of the un security council and real concern of among the council members about the situation. a right now, some of those council members did refer to that that repeal of the law, which means these 4 settlements that were, that israel withdrew from in 2005 potentially settlers can go back to them. some also referred to the recent comments from the israeli finance minister, who said that there was no such thing as a palestinian peoples, a condemnation on both those france. but neither of those issues were actually raised by the un special coordinator in his formal briefing on the situation on behalf of the secretary general. yes, he did condemn settlements in general, but he didn't talk about the specific instance. but he did have this to say about

israeli actions on the ground is re, security was, is operations in the occupied westbank and subsequent classes have led to a staggering number of policy needs. kid and the injury i read read the security forces, right? use lethal force, all the work strictly on the void to protect life must probably has already investigated all instances of daphne your is resulting from this use only goes responsible accountable. i am the tick lilly or paul that children continue to be killed and injured is large numbers. children must never be targeted of violence use or could in arms way. now speaking on behalf of the united states and the security council was the u. s. ambassador linda, thomas greenfield. she expressed her concern about the situation. she said there was a staggering level of violence. she said, the u. s. was troubled by the escalation of the violence,

but she wasn't specific and she didn't condemn in any way in her speech. israel, but it's worth noting that behind the scenes in the last 24 hours, we've had an important meeting. these railey ambassador, the united states, went to the state department, israeli media saying he was summoned to the state department where he spoke to the deputy secretary of state wendy sherman and says i have with at the un. thanks so much. james. now fresh president emmanuel makram says the controversial changes to pension rules will be implemented by the end of the year. his government's plan to raise the age of a time from 62 to 64 as let to weeks of demonstrations across france. and 9th round of strikes and national protests will take place on thursday. icons, government falls through the amendments in the national assembly without surveys or memorial power. as i speak to you right now, do you think i enjoyed doing this reform? no, i could have done the same as many others before me and swept the dust under the rug

. maybe the reality is today. there's one thing i regret is that we weren't able to inform people of the constraints. and more specifically, the need to undergo this reform says he did. the fact that i form is the all responsibility mustn't from so i say this in all responsibility. i'm not wishing to get reelected. i cannot be as indicated by the constitution between the short term poles and the general interest of the country. i choose a general interest, and if in the end i have to endure unpopularity to day, i will endure it. and that a butler has more from paris watching emmanuel michael, u haul pressed. imagine that this is the french president in the middle of a political and social crisis. he was very business like he was on repentance about his french government pushing through his reform bill pension reform bill by decree and parliament. he has the right to do so. he pointed that out. he said, this reform is necessary for the french system for people in the future to have

a pension. because at the moment the system is simply broken. he also said, look, he has every right to push the reform 3 parliament by decree. it is part of the constitution. however, you gave no confession, only from june to thomas with opponent from his critics in parliament and on the street. i think that's why we will see, protest continue. trade unions of certainly said that they intend to keep protesting over the coming days, a big protest ready plan on thursday nationwide strike. also we are expecting work from across mainly the public sector to be out in the streets as a lot of anger. there's, there's a great sense and from that, amongst many people that the french government, the french president simply just doesn't understand them. cilla has hair on out a sarah. i'm here to say to you handle hot that i did not lie to the house specimens. formerly the boys johnson's fights to save his political career for an

enquiry committee and the u. s. state of california. braces for more rain and cold weather winter storms faster the region plus, installed the european champions and getting ready to defend their crown. the details of santa later in the program. ah hello, we have clear skies across a good part of the middle east. that's certainly the case. it's a mecca right the way across into doha. little more crowded to southernmost parts and some showers, some longer spouse. afraid sliding across iran, tennis, the snow is it pushes across into afghanistan, some heavier bust, coming through here, little on the disturb. so just around that care, we'll see a little bit of sherry rain just rolling into syria, lebanon, pushing

a little further east was as we go through friday. but you can see it between fine and try to bad at all temperatures here. and doha can be up to $28.00 celsius as $82.00 in fahrenheit at disturb. whether we have around that east, the side of the mediterranean will still bring some lifted dust. the sand into that east and half of libya, pushing across into egypt and some heavy rain coming in here on friday could cause some localized flooding slides right across the northern parts of egypt to that state. showers, gathering nicely now across west africa. wanted to live the once they're into the gulf of guinea jordan up with the wet weather that we have cross central parts of africa. we've seen some pretty wet weather recently into tanzania shower still here over the next few days. good scattering of showers actually across southern africa, right? the way into the southern cape for saturday. chilling the debate, the, you know that the sectors is empowered by the z, the government,

unstained by the government. today they are to government africa. how security is also global health care is on an online, at your voice. there is no right to defense. there is no right to protest. we can't just keep relying on aid. there has to be some work towards a sustainable economy. at the end of the day, it is ordinary objects that are paid the right. this green on out is there. ah, you're a federal reserve has just as a quarter of a percentage point hike and interest rates as chairman jerome paul is now giving a news conference that's listen in unaddressed can undermine confidence in healthy banks and threatened the ability of the banking system as a whole to play its vital role in supporting the savings and credit needs of households and businesses. that is why in response to these events, the federal reserve working with the treasury department and the f d i. c took decisive actions to protect the u. s. economy. and to strengthen public

confidence in our banking system. these actions demonstrate that all depositors savings and the banking system are safe. with the support of the treasury, the federal reserve board created the bank term funding program to ensure that banks that hold safe and liquid assets can if needed, borrow reserves against those assets at par. this program, along with our longstanding discount window, is effectively meeting the unusual funding needs that some banks have faced and makes clear that ample liquidity in the system is available. our braking system is sound and resilient with strong capital and liquidity. we will continue to closely monitor conditions in the banking system and are prepared to use all of our tools as needed to keep it safe and sound. in addition, we are committed to learning the lessons from this episode and to work to prevent episodes from events like this from happening again. turning to the broader

economy and monetary policy. inflation remains to high in the labor market continues to be very tight. my colleagues and i understand the hardship that high inflation is causing and we remain strongly committed to bringing inflation back down to our 2 percent goal. price stability is the responsibility of the federal reserve without price stability, the economy does not work for anyone. in particular, without price stability, we will not achieve a sustained period of long of strong labor market conditions that benefit all the u. s. economy slowed significantly last year with real g d. p rising at a below trend pace of 0.9 percent. consumer spending appears to have picked up this quarter, although some of that strength may reflect the effects of swings in the weather across the turn of the year. in contrast, activity in the housing sector remains week, largely reflecting higher mortgage rates. higher interest rates and slower output

growth. also, if you're to be weighing on business fixed investment committee participants generally expect subdued growth to continue as shown in our summary of economic projections. the, the median projection for real g d, p growth stands at just 0.4 percent this year. and 1.2 percent next year. well below the median estimate of the longer run normal growth rate. and nearly all participants see the risks to g d p growth as weighted to the downside. yet the labor market remains extremely tight. job gains have picked up in recent months with employment rising by an average of $351000.00 jobs per month over the last 3 months. on employment rate remain low in february at 3.6 percent. the labor force participation rate has ended up in recent months and wage growth as son shown,

some signs of easing. however, with job vacancies, still very high. labor demand substantially exceeds the supply of available workers . f o m. c. participants explain expect supply and demand conditions in the labor market to come into better balance over time, using upward pressures on wages and prices. the median unemployment rate projection in the sep, rises to 4.5 percent at the end of this year. and 4.6 percent at the end of next year, inflation remains well above our long run goal of 2 percent. over the 12 months ending and january total, p. c prices rose 5.4 percent. excluding the volatile food and energy categories. core p. c, or excuse me, excluding those core p. c. e prices rose 4.7 percent in february, the 12 month change in the c p. i came in at 6 percent in the change in the core c p. i was 5.5 percent. inflation has moderated somewhat since the middle of last

year. but the strength of these recent readings indicates that inflation pressures continue to run high. the median projection the sep, for total p c inflation is 3.3 percent for this year. 2.5 percent next year. and 2 point one percent in 2025. the process of getting inflation back down to 2 percent has a long way to go and is likely to be bumpy. despite elevated inflation, longer term inflation expectations appear to remain well anchored as reflected in a broad range of surveys of households, businesses and forecasters. as well as measures from financial markets. the feds monetary policy actions are guided by our mandate to promote maximum employment and stable prices for the american people. my colleagues and i are acutely aware that high inflation imposes significant hardship as it erodes purchasing power,

especially for those least able to meet the higher costs of essentials, like food, housing, and transportation. we are highly attentive to the risks that high inflation poses to both sides of our mandate, and we are strongly committed to returning inflation to our 2 percent objective. at today's meeting, the committee raised the target range for the federal funds rate by a quarter percentage points, bringing the target range to $4.00 and $3.00 quarters to 5 percent. and we are continuing the process of significant, significantly reducing our security holdings. since our previous fmc meeting, economic indicators little, i only thing to jerome pouch haven't of the federal reserve giving a press conference. he was addressing the banking crisis saying he's going to work to stop it happening again. also the wider economy in the u. s. saying inflation remains to high. let's bring in hydro castro, she's outside the federal reserve in washington, dc. hydro. this is an event 30 markets around the world will be watching. now.

that's right. the result of this federal board reserve board meeting was more wash, more interesting than many in the past. and having this interest rate hike of a quarter percentage point. it's sort of threads the needle because of these conflicting forces that we just heard. the chair i speak of the board, of course, wants to raise interest rates in order to bring down inflation, which still remains persistently high in the united states. and they want to do so without triggering a recession, which was difficult enough, but then their jobs got so much more difficult. in the last 2 weeks after we saw the series of bank failures that appear to come out of the blue, the really have been bubbling up under the surface for some time. why did they fail? well, the bonds that those banks own suddenly plummeted in value due to the increased interest rate hikes from the federal reserve board. and they ran out of money to return to their depositors and were taken over by the central bank essentially. and

so to see this rate height of a quarter percentage, white not meet the previous expectations before the big increases that had been somewhere closer to a half percentage point. this was the federal reserve board of governors trying to still keep inflation in their crosshairs as the target, but without exacerbating the prices that we just saw involved in the banking system . okay, i see many thanks for bringing the laces. the from alpha federal reserve in washington now formed brush prime minister bars. johnson has told a parliamentary stand his committee. he did not lie about the so called policy gate scandal. he's been testifying as to whether he misled parliament on holding parties, joint cove at 19 locked down. if he is found to have light, he could face suspension or even lose his seat in parliament. at all times, i was entirely transparent with the house. i made it clear that i did not intend to comment on any of the plateau matters until the investigation had been concluded. i

kept the house regularly updated and as soon as the investigations were complete, i provided a full correction of my honest but inadvertently misleading statements. i apologize, i apologize for inadvertently misleading this house, but to say that i did it recklessly or deliberately is completely unproved. as crossed out to london, my cause makes 10 hull his outside at westminster and jana burst johnson. he was grilled for more than 3 hours. how did he do yeah, more than 3 hours of questioning, much anticipated, of course, sometimes testy, occasionally was flustered, and looked under pressure. it's been described by some, as johnson's last stand, by his own support isn't allies. however, as a kangaroo court, it was certainly bars jokes and fighting for his political future, trying to persuade those m. p. 's across party committee of m. p. 's that he hadn't

lied. he hadn't deliberately mess, misled parliament went in december 2021. he said that no rules, no guidance, had been broken over lockdown parties. in number 10, downing street, johnson conceded that his statements had been proved wrong, but he said he'd made them in good faith that he'd been given advice by aids that those events, some of them, at least had been legitimate work events and therefore exempt. while the committee described that defense as flimsy, they said that the man who was prime minister at the time who had made the rules who had repeated them often on television to the nation, should have known better. it should have been obvious to him that what was going on was wrong than his retort to that. well, in that case, it should have been just as obvious to others who were there as well, including the current prime minister, richie sooner. well, how do survivors of in the day of cove at $900.00 fail about this testimony?

as it unfolded their own national television, you can only imagine really how tens of thousands of the reeves of families out there of survivors will have thought and made of it as they watch, no doubt intentionally. for them. it will be years before an independent inquiry releases its findings into what they perceive to feed government failures and any accountability if any follows for them. therefore, watching boris johnson undergoing this sort of questioning is the closest they get to accountability. here's what one of them said amanda henry, who i spoke to. yes, they, her father, robert, died of code 1900 in a care home settings. that at the height of the pandemic, desperately short of testing and personal protection equipment. we trusted the government to protect all of us, especially the most vulnerable in our society. and if they just didn't do it,

don't think he should have a korea and aiden government. he shouldn't be an em pay. and after what he's done, it upsets me that he's not being held accountable for parts jones, who still has plenty of support in some quarters of course. but people like amanda could find those sorts of views vindicated if this committee finds against johnson . a standard sanction for contempt of the house of commons would be a suspension. and that suspension could in turn lead to a vote in his west london uxbridge constituency. that could see him ejected as a member of parliament. ok jana hall, bring in place that from westminster. thanks very much. dana charities, working income for people who have lost their homes in the 8th and democratic republic of congo. so they're supporting at least 10 rapes of ivers everyday life

group say sexual violence has got worse as the conflicts between the government and m. 23. fighters escalates malcolm web reports from a camp. they're going, we're in north keyvi and the warning you might find pulse of the report. distressing. all of these women say they've been raped in the last 2 months. there's almost no support for survivors of sexual violence in this camp near the city of goma. so they cancel each other. most of the people here fled as the m 23 arms group advanced through my territory. claudia, not her real name, cuz she was going to collect firewood with a group of women and girls when they ran into armed men wearing military uniforms. how can you come with doug? how can you help me? they tied me to a tree and i was raped by each of them. the 1st, the 2nd, the 3rd, and then the 4th. the others were raped by other men. one of the girls in our group didn't survive. she was too small. she died during the rate we spent 2 days being

raped by those men. claudia says he doesn't know which armed crew her attack has belonged to peter congos army, the huge de backing armed groups in its fight against him. $23.23 widely understood to be backed by neighboring rwanda. those governments deny supporting the groups. in spite of overwhelming evidence and 23 seized swathes of territory from the government forces over the last 9 month, people ran away from their homes and their farms up in the hills because it was no longer safe but life down here and the camp comes with many other problems, whole families have been scattered, people, sharing shelters with complete strangers. they've been left traumatized and vulnerable. claudia says it took her weeks to finally reached the camp. then she says she was raped again by a man who attacked her in her tent. she says it's the survivors group that helped

her feel like life is still worth living floors. be a week a started it we 1st met her last year after she was forced from her home. he'd been helping people in the camps ever since. she has time for everyone to stop, to talk or ask for help. she says she's recorded more than a 120 reports of rape new arrivals this year while i was on and i saw though the majority of them were raised by m 23. when the villages were attacked, others who hid in the bush were raised by fighters from other groups and some also on their way here. but people who are out of control will listen to them and encourage them. we do whatever we can and give them what later we have. they have almost nothing. a small shelter, and a handful of donated medicines. some of the survivors told us they have infections,

injuries or severe pain. but they say just being listened to help malcolm web al jazeera, blanco democratic republic of congo, and keith, ukrainian officials say at least 7 people have been killed in russian drain strikes of the region. most resources, civilian object was damaged in the attack. caves will say they shut down 16 of 20 want to run in may drains last overnight by russia and in crimea, russian official say the navy has repelled a drone attack on the semester poll port. it comes 2 days after an explosion on the peninsula destroyed russia, missiles that's according to ukraine, defense ministry. they were intended for use by moscow's black sea fleets and moscow. russia, the defense minister showing who says a division with long range and ship missiles has been deployed to the north specific. the area of southern curl islands is disputed between japan and russia. has comes just

a day off to japan's prime minister visited keith and offered his support for mary, because she does visit, coincides with chinese presents. she jan ping's visit to russia. he was in moscow for 2 days of talk with president of putin, which focused on trade and energy. they'll have discuss china's piece plan to resolve the ukraine conflict. the 2 leaders released a joint statement on tuesday, calling for responsible dialogues to end the war. south korea says pyongyang has test laws, multiple cruise missiles towards the prince's eastern waters. so as the missiles could have been long range, and it's not yet clear how many were launched, jonya has ramped up military tests in recent weeks of the u. s. and south korea carry out joint drills, rob mcbride travel to the city of port sheehan. near the border where the exercises have taken place. these annual spring drills haven't been held on this scale since 2017. for the past 6 years, they have been drastically scaled back partly because of the pandemic,

but mainly to allow the process of dialogue to work with north korea. this extended period is summit diplomacy. that now seems all but a memory, as well as this live fire exercise, which allows south korean and us forces to put it on and off. hillary. through its paces, there are aircraft drills involving some of the latest jet fighters and also nuclear capable bombers from the u. s. air force out to see their on navy drills taking place involving a u. s. aircraft carrier group, and also marines in joint time. 50th landing drills. these exercises always infuriate north korea, which claims their approach you to war. but according to the south koreans and the u. s. allies just the opposite is true that by having this level of preparedness, it acts as a deterrents to any attacks ensuring they say, the continued peace and stability on the peninsula. everything we're doing right

now is defensive in nature. we're not being offensive, we're being defensive in nature and it's what we expect to do in conflict and need to be good at it, which i think everybody in south korea in the world wants us to be good at it. we have to train at it. north korea has been expressing its anger with a series of ballistic missile launches, including last weekend with drills that were overseen by north korean leader, kim jong gunn. and what state run media tell us was a rehearsal for a tactical nuclear counter offensive against its enemies. robert bride al jazeera poach on south korea. cilla had hair on out there was full and another deadline day in the contest by one of the world's most famous football clubs. the. oh

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ah. turn off all the sport anteaus center. thank you very much, laura. well, germany's woke up winning midfielder. mosquitoes al has announced his retirement from football. it's 4 year old of home arsenal and that real madrid player was a key member of the germany team that won the world cup in brazil in 2014. 0, so a who is off both turkish and german ancestry. the tide that from international football in 2018 saying he faced the racism and disrespect over his turkish heritage. also made the 645 appearances for club and country. he says he's recent injuries that were part of the decision to step down from the game. and europe said

top teams are gearing up for the euro. 2024 qualifies with defending champions. italy taken on england on thursday. if the coach roberto mancini, who led his team to the title i had to endure the humiliation of fame to qualify for the walk up and cut off, he now has the chance to redeem himself against the 3 lions team. they beat on penalties in the year 2025 at wembley stadium if they do remain on beaten in the last 6 meetings with england. the contest of by manchester, united the football club is entering a crucial few hours. potential owners that have been told to submit 2nd bids for the premier league side by the end of the day, the glaze of family. and now that was interested in selling united last november. the americans that bought the club in 2005 for just over a $1000000000.00. they're looking to sell it $46000000000.00. and the chairman

of one of cut us biggest banks. sure doesn't bahama does. fanny is one of the 2 publicly declared the bidders, but is really now jim ratcliffe is also in the running representatives from both parties, met with united officials last week. was a deadline, is also a chance for other bidders who haven't gone public with their interest to submit offers. the next big question is once the offers are and while the glazes actually decide to sell what we've been told to neil joyce of the c l. v. group for a leading data company for the sports industry, he says a club like united, so have unlocked financial potential due to its global fan base. we looked into all of the various large europe in teams that at large in the a franchises and also nfl and the insight that we found was the huge sporting and entertainment brands. because that's what they all now are only

monetizing one percent of their fan bases. directly and what do we mean by that? that means non match day ways to monetize fans. so today they monetize that one percent by getting people to go to the stadium, buying much and dice and all of the federal revenue around that live event. 99 percent of those fans on spending money directly with those teams. new digital propositions and technology are making this possible now. so when we look into analyzing and all use meant just united, as example, what the global monetization opportunity could be on top of what they already do today. we found the across the us market. there was close to $100000000.00 of revenue. we lend to india and indonesia as well, and that total number increased up to about 250000000 as well

a matter between 2 generational talents, the size of the outcome of the world baseball classic to pen. sure. he or tiny, getting the better of american mike trot. this cycle decide. there was slaves in miami, florida, and it was a type contest, sort of home run by japan because my uncle mosul put his country c one up in the 4th inning against the defending champion. game ended with tawny, striking out his los angeles angels team make trout beating the united states 3 to to win that this trophy for the 3rd time on name the torment. most valuable i think with sho, tawny at my trout kinda. and in that game, the way they did, i think, i think baseball one again, and i just think there's w b c as a whole kind of elevated the game. and i, i hope, you know, i hope there, the exposure that it got, you know,

creates baseball fans all over the world. and i can't even imagine being in that moment the 2 best players on the planet lock and horns as teammates. in that spot. the fans one to night. i'm just i'm chaffed away them when i mean, if you are going to write a script that was hoping that was going to go our way with mighty pop one again, so tiny, but like i said, i mean the baseball world. this thing is real, the w. b. c's real. the whole world got to see. oh tani, come in big spot battle in. it's kinda how was kind of scripted i just wish i would want different. and some bad news for boxing fans a heavy weight unification. title fight between tyson fury and alexandro sick is off. the boat that was penciled in for april 29th at london's wembley stadium. won't be happening. after talks between the 2 sides broke down. fury and seek who

had reported the great late last year to 70, to 30 states in favor of fury, but terms still had to be negotiated. furious camp, however, believes the fights can still be salvaged. and that's a spot for me back to laura santa. thanks very much indeed. and that's it also from me, laura kyle, i'm a team here in doha for this needs to stay with me pocket in london with back with more of the day is me is for you ah mm hm. in the post colonial world,

the scars of european imperialism run deep nowhere more so than in the democratic republic of congo, where her history still shapes the presence of visceral, yet infamous insight through the eyes of a whistleblower and the patriotic military commander. witness presents. this is congo, honor, jesse, either from breaking down the headline, still exposing the powers attempting to silence reporting. what did you do? what did you investigate? why didn't you ask? the 2nd question, there are many germans that said, fencer he does 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 timeline. the listening post on al jazeera,

smiling through the cold, tamara and her colleagues at this school for people with special needs, wants to pay royce that meets the rising cost of living and keeps people in the profession with these teachers are making sure bad to moms. i heard on what is clearly a sizable demonstration, i remember a real action taking in various parts of the economy calling on the government pay arises and that needs inflation. if there's no movement on pay, we likely to be seeing more protests, not just from people like tomorrow, but work is in other key professions who enjoy growth support from the public. ah. the u. s. federal reserve boosts interest rates by a quarter of a percentage point and the pressure on the banking sector.