tv News Al Jazeera March 23, 2023 10:00am-10:31am AST
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or dixon honduras, however, warned that ramp and government corruption means that foreign assistance too often goes astray. too often of con, astonished, portrayed through the prism of war. but there were many of canister thanks to the brave individuals who risk their lives to protect it from destruction . an extraordinary film archives spanning for decades, reviews the forgotten truths of the countries modern history. the forbidden real pot for the era of darkness on a jazeera ah an urgent measures to tackle inflation. the u. s. federal reserve announces another increase in the interest rate, pushing it to the highest in 15 years. ah,
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i'm robinson, this is al jazeera life and doha also coming up. nigeria is cash crisis is getting worse after a sudden, currency redesign a shadow, australia don't miss it. don't miss it. this trillion prime minister of appeals for support to allow indigenous people more say in law making. i'm a struggle for water in pots of zombie of how some woman walk long distances every day to fill their buckets. ah, the u. s. federal reserve is raised interest rates again, even though high a bowling costs are blamed for the current turbulence in the banking sector. the benchmark rate is up to 5 percent. it's highest level since 2007 is the fed tries
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to curb inflation high to jo castro reports from washington. the u. s. central bank decision to raise the federal interest rate by a quarter percentage point was the result of being stuck between conflicting forces . don't raise the rate enough and consumer prices may continue to sort raise it too high and war banks may fail. history has shown that isolated banking problems, if left unaddressed, can undermine confidence in healthy banks and threaten the ability of the banking system as a whole. the banking turmoil hits suddenly 2 weeks ago when 2 midsize banks failed, people lined up to demand their money money that was no longer there after silicon valley bank sold its government bonds at a loss due to high interest rates. as phoebe's practices had caught the attention of banking regulators in 2022, but the fed fail to prevent the crisis german jerome, pow so the blame lies with the bank. now under investigation at a basic level,
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silicon valley bank management failed badly. they grew the bank very quickly, they expose the bank to significant liquidity, risk and interest rate, risk, and emergency intervention by regulators, and the us treasury department has stabilize the banking sector for now. treasury secretary janet yellen told a senate committee on wednesday that regulatory reforms may be required. this was a very unusual set of circumstances that silicon valley bank faced. it appears that they had seen significant interest rate risk that they were subject to and exceptionally high over 90 percent of their deposits were uninsured. the big day of financial news made for volatile trading on wall street with the dow and s and p closing down more than one and a half percent. investors fear even the modest interest rate hike will increase
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pressure on banks. just how much higher will the federal interest rate go? well, the federal reserve is signaling that it's approaching the end of its aggressive campaign to raise interest rates in order to lower inflation. perhaps one more interest rate height is expected before the end of this year, and then if inflation indeed continues to descend downward as expected, then come 2024 interest rate cuts could be expected. id, joe castro, al jazeera washington. meanwhile, interest rates in the u. k could also go up on thursday. february inflation rate rose unexpectedly to 10.4 percent driven by high food and energy bills. a spike puts pressure on the bank of england. it's inflation target is 4 percent. nigeria is informal economies facing pressure due to a shortage of cash in circulation, a redesign of the currency, as well as a recall of old bank notes as being blamed. nearly half the population doesn't have
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a bank account. i'm a dangerous suppose from cana. goods arrive at the senior market by the truck, but with not enough bank notes since i q lation. traders are struggling to find buyers for their goods. other than what they have been got. cut them good able, doesn't that he bill people from rural areas who used to buy a 1000 cartons of goods with cash can no longer do that. most of them are on banks . why you are the one month in october last year, nigeria central bank announced the redesign of the highest denominations of the local currency than ira the bank then took the bank notes out of sight correlation to discourage that. that's left millions of nigerians queuing it. banks full months desperate for the new notes. there isn't enough money to go round. commercial banks of such casual door limits to just $20.00. sometimes they have no cash to dispense
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at all. in formal trade makes up 60 percent of nigeria economy and most transactions take place in cash. i shortage of bank notes and unreliable money francois system are making life difficult for small businesses. shoe more blames the government's monetary and fiscal policies for the collapse of his business. but did a yard yog, i get of ahmad, that evolve a day. it's difficult to feed my family as we speak. i only have $0.50 in the shop when i don't even have enough to give the shop assistant money to catch a bus. home. for nigeria, supreme court has intervened and ordered the central bank to put the old notes back into psych, elation until the end of the year got to was after some governance to both the central bank and federal government when they plan to meet those down. and you need to activate it, you reflect it. not deflated. what's happened is lead to bulletin the economy and
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it is impacted negatively on the fuel. economy is worn of dangerous ahead for an economy that's already st tool recessions in ages. once economy's experience in this, it simply means that the economy collapse at any time and lead before the you, ginger, people to production and get the 2 picked up because that trust us government and it's bonuses, it's no longer there. despite the order from the supreme court, the cache crunch continues. it's causing genomic be to millions of nigeria and small businesses. how many trees al jazeera colo nigeria, washington's denying chinese claims that are you as to stories being forced out of the south china sea. on thursday, china's military set. it drove the vessel away from the parcel islands, but the u. s. navy says it's destroyed is continuing routine operations in the
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south china sea and has not been expelled to new use. joining us now from beijing. what's the background to this? katrina? well, this is the 1st time that us and china have had differing accounts of what's happening in the south trying to see. but what makes us particularly dangerous is the timing at the moment. tension is a very high between beijing and washington. and so was distrust making any potential confrontation, especially risky. now, china's navy said that a u. s. guided missile destroy a 1000000 and illegally into its waters and area bay didn't call she shot by the power. so eyelid it said then that the chinese navy throw it away and that it continues to be on high alert, and that secures the us of causing instability in the region. now the us says that this statement is false and not the 1000000 is continuing to conduct what washington says off freedom of navigation, operation in international waters. now, much of the south trying to see is claimed by the aging as its own territory. this
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area by the parasol islands, about 7 square kilometer is de facto controlled by china. and it's navy, it's been building up artificial islands that intensify its military activities. but this area, which is resource rich, is also claimed by taiwan and vietnam. now the u. s. has been increasing, its presence in the region in the, in the pacific is just on a deal with the philippines to build up more bases that it's also agreed to supply a strategy with nuclear power submarines. and according to this, they, according to beijing, this amounts to encroachment of trying to treat. and so come once and paging says it's merely responding to us actions. katrina, thank you very much indeed. that's katrina, you're talking to us a life of renewed fighting in yemen. my province is testing 10 months of relative tom, who the rebels reportedly launched and attacked late on tuesday, leading to an unknown number of casualties. and according to the reuters use agency,
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latest finding comes aside the libya and iran who back opposing sides and yemen, restore diplomatic ties. ethiopia, as parliament has removed the target people's liberation front or t p l f from a list of terrorist organizations. it's a significant step towards forming an interim government in the northern to guy and region that he b l. f was branded a terrorist group in 2021. and he still signed last year ended fighting between 2 guy and rebels and government troops of killed tens of thousands of people. at least 5 people have died out of the boat, sank off the coast of chin. izzy of 5 people have been rescued. 28, missing the vessel, carrying mostly african migrants and refugees, left the juniors in the city of facts headed for italy. according to a local age group, fax has become a regular departure point for undocumented micros hoping to reach europe by c the u . n's middle east peace and boy has told a security council meeting, he's worried by israel's expansion of illegal settlements. let's read the class. it
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overturned part of a law that bans settlements in the occupied west bank. it had been in place since 20 o 5. these rate is a curative what is operating the occupied west back and subsequent clashes that lead to a staggering number of palestinians to the injured. i re read the security forces much use lead before so the work strictly unavoidable to protect life must, from the authority, investigate all in depth and injuries resulting from this views. holding those responsible accountable. i am the tick lilly or paul. the tilden continued to be killed, and indeed, large snobs, children must never be targeted of violence use or who did off way. as tony as prime minister hazards voters to support the creation of an aboriginal voice in low making, antony albany is him made. the play must be revealed the wording of
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a referendum question, and the issue australians will vote on it later this year if it passes. it's going to set up a panel to advise parliament on issues that impact the lives of aboriginal people. if it's successful, the vote would mean an amendment to the constitution. he sees a morris request. i said, do i said it was stray, you don't miss it. don't miss it. so i want this done for indigenous australians, but i want it done for all a strains. we will feel better of bad ourselves. if we get this done, we'll just feel better. and you know what? i've said this and this has been contested. but the truth is that a strategy will be seen as a bid, a nation as well by the rest of the world. that's just a fact sir clark joining us now from brisbin with more. i went in out of albany, zubair. i'm choking up when he was making those so statements. give us more detail
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about the final wording and what it actually means. well, it is a significant milestone on thursday and historic march towards constitutional change and constitutional recognition of the 1st nations people in australia. i'm a boy giving them a voice in power that we just heard the prime and he was very emotional. he put up an emotional plate. when you released this proposed final wording for the referendum, he choked up when he delivered it. now, should not the exact wording it is for the referendum will go the strong people we believe in october, this year is a proposed law to alter the constitution to recognize the 1st people of a stranger by establishing an aboriginal and torres threat on the voice. do you approve of this proposed alteration now a frustration, but yes, then the wording will be included in the constitutional. as we mentioned, an advisory body would be set up. another advisory board would back representations to the executive government, but it will,
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it would make voice the federal parliament now behind the scenes here. certainly from australia perspective, if a months of debates about this proposed wording and his voice in federal parliament and huge discussion about the exact wording and the wording that was relate to die approved by cabinet had been tweet from the early would release by the prime minister and the constitutional analysts say it was a subtle but significant change, but the tweak, tweaked wording was designed to win over some of those critics. from what you're saying, i mean with the amount of preparation has been done for this. and the amount of research has been done, and as if, as you say, it's just a subtle tweak. one would assume that this is going to have a fairly smooth passage, but what has been the reaction? well, the conservative opposition that being the opposition led by the liberal party paid dutton, who's the opposition later? he's long asked for more detail. he said he doesn't want. 4 astride to go to a referendum when there's not enough detail about not just the voice,
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but also the advisory body. and that's where the national party, which rules that the conservative question, whether or not they believe we need another level of bureaucracy at a federal level. but the new what he does make it more specific sense of the voice by mike representations, departments and executive government as opposed to just to the executive government . as for the indigenous reaction, there's also been a lot of debate from the indigenous community. we've had the high profile 1st nations, people flag the prime minister today and kept with in parliament on thursday. they believe that this is a key step and crucial to appearing the relationship between the indigenous and non digit strident. they also said that the hearts and minds can be cleared now will be oppression. and the shame of the past, if we do go to the referendum and if it's a referendum, does get out. but we still have a long way to go. this is a historic stick, but we expect the debates to go on and we do believe that this proposed boarding has been approved by cabinet. we'll go federal power for the next stage of debate
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next week. so thank you very much indeed that said clark talking to us from brisbin . i still had an old, is it a former u. k prime? as a bonus, johnson answers questions in parliament and hearing that could decide his political future. the world's 1st 3 being printed rocket is launched, but it doesn't reach corporate. ah frank assessments. justice means to give them the basic human rights, not only in the camp, but also inside the me and my informed opinions by the ministration are very concerned about this development especially, or what it means for china's power on the world stage. critical debate. now only both the legal report door they see the property in depth analysis of the headlines inside story on al jazeera,
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ah, watch about 0 reminder of our top stories. this are the u. s. federal reserve has raised interest rates despite recent turbulence and the banking sector. the benchmark rate has been high to 5 percent, but the highest experience is $20.00 oh, $70.00. washington's denying china statements that a u. s. to store has been forced from the south china sea on thursday. the chinese military said it drove away the vessel from waters to the potter cell. on this is truly is primarily was asked voters to support the creation of a panel to advise parliament. and aboriginal issues is announced the wording of a referendum question on thursday was trillions will vote on it later. this new french horns are calling for more protests against the government's plans to raise the retirement age. demonstrations have already begun in this northern city of amino where members started blocking early morning traffic residency manual
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macaroni defended his pension policy and the televised interview on wednesday. he said the changes will be implemented by the end of the year. latasha barbara has more from paris, the defiant in his 1st tv interview in months. the french president said he had no regrets about his controversial pension reform bill were forcing it through the french parliament by decree, settler, formerly near these freeform is necessary. i say this, the french people who don't enjoy doing this, but he's out of the sense of duty that i committed to this solidity and honor for me, my car offered no concessions to opponents. that the reform, let's say you wouldn't re shuffle his cabinet or change his prime minister, leaving some a position in please unimpressed music. on the if you're somebody you want to fire symbolically define from working class. that is mr. mcgraw has highlighted his contempt for a part of the population, fuel and contempt. that was the hallmark of his pensions. bill. oh, frances trade union say the reform is unfair because it raises the retirement age by 2 years to $64.00 and will have a greater impact on poorer
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a workers. since january, they glad strike some protest in the country against the referral in paris, destroyed by garbage collectors, is in his 2nd week prison. mike role will certainly hope that the arguments that he made in his television interview will calm the situation and quell the protests. for now though, that seems unlikely. oh, some students and teachers demonstrated outside the higher education ministry in the city. these teachers say the governments, ignoring people's concerns, the government is acting as if firm, nothing is happening on the streets. and that as if we're having music, people protesting peacefully, it doesn't mean anything and doesn't change anything. it's not her. just a, an education issue. it's all public services which are being really destroy by these neo liberal policies today. so this made house stacked up and now people are claiming the streets because there is no other way to be heard to day. pretty new
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leaders hope the continued protests will put pressure on the government to scrap its reform. for now there's no indication that the president who back down my courses, the reform will help sustain the pension system for future generations. and he wants it to be signed into law soon. on attack about latin men, al jazeera, new paris, former british prime minister boss johnson, has told the parliamentary committee he never lied to m. p. 's about gatherings held at his official residence during covered 9 to locked arms. johnson is accused of deliberately misleading parliaments, john hall reports from london. some have called it boris johnson's last stand. this colossal figure of british politics, demeaned under close questioning by a cross party committee of m p. 's book. i mean, whatever you, this is very boring point. whatever, whatever your interpretation of the guidance may be. what matters if i may
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respectfully say is what i believed to have been our efforts to follow the guidance why i thought that they were credible and, and wholehearted. and what i would ask you to allow to ask his next class course at issue here is whether johnson lied to parliament about locked down parties in number 10, downing street speaker. no, but i'm sure that whatever happened either guidance was followed the rules and adding time the former prime minister is adamant he did not. i am here to save you handled haunt that i did not lie to the house. johnson concedes his statements were misleading, but uttered he said, in good faith that he had been told by aids, the events in question were work related and within the guidance. my honest belief that it was within the rules was based on what i was told by senior advisors. the
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fact that this was my honest belief is supported by the fact that so many other people honestly believe that we were doing nothing wrong. the committee at one point described johnson's defense as flimsy, and said that to the man who was prime minister at the time, who made the rules and who broadcast them frequently to the nation, it should have been obvious that what was going on was wrong. johnson's retort was that, therefore, it should have been just as obvious to others who were there, including current prime minister richie sumac sooner was fined by the police for breaking the rules as well as johnson. in this bid to clear his name boris johnson, apparently happy to tarnish the name of others. i think it's quite clear to everyone that have misled everyone in everything. but do you blame him? could anyone have done any better? i think he'll come back to florence johnson most more life in him still popular in
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some quarters, but johnson's hopes of a come back looking, slimmer and slimmer. it will be for the privileges committee to decide whether he knowingly lied to parliament. a decision that in turn could see the form a p. m. ejected as an m p. jonah, how al jazeera london, russia says, is deployed long range and he ship missiles to its far east region and the north pacific. moscow says the defense system was sent to the cordial islands. the sovereignty of some of the islands is subject to a historic dispute between japan and russia. the weapons deployment came a day after japan's prime minister visited ukraine and offered his support. at least 8 people had been killed in russian drone strikes near the ukrainian capital . wednesday's attack at a school and a student dormitory, south of keith. one of the victims is an ambulance driver who was called to the scene. more than a dozen people have been injured with relatives who were at the slight we were all
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together. when the blast we've hit and the ceiling started to crumble. there was a lot of smoke and our clothes caught fire. i am so happy my children were smart enough to tear the clothes off quickly. we were a bit slower and we suffered some bones. but it really doesn't matter because we are alive. or the attack in the cave region was followed by another russian missile strike on 2 residential buildings in japanese. yet ukrainian authorities say at least one person was killed when the $29.00 story buildings were hit loose in bolivia have fired tear gas at teachers protesting and the capital hundreds of teachers march through the suits of la pars demanding a higher education budget. it's the 3rd week of demonstrations teachers are calling for a general strike unless the government announces new funding and people in chile have might, should the capital santiago to mark world water day organizers are hoping to raise awareness about clean water and sanitation. the u. n. says 2000000000 people worldwide lack access to drinking water. about 1400000 die every year from illness
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is caused by unsafe drinking water. let's you know from a mother in zambia who has to walk several kilometers every day just to collect water. many of the sources are rivers and streams, where the water is shared by animals and isn't safe for human consumption. you may peg keith carbine, you. my name is peg escape angie. i have 2 daughter lives in. we're living car. julie malone, the village of children, do whatever i men that were dumb men dodges, we fetch water from the damn. the water is dirty and contaminated with germany. it's such a long distance from home to the water. so i walk many miles to find the water. and 3 people died in this them, if you taps in the village, don't have water. we're left with no other option to to use this water man to take it. i would dumb only best fetch from pompous only a far away place with dangerous rule, but just to get water for us,
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we can't manage to get water from that far road lot. we got water from the dirty dam. that one is the way i will do men dab i get in. the water here is dirty and green people of god. does he how completely the water is a problem we really need help concerning his water. probably. i doubt man, duck 8. american celebrities have been charged facing accusations of involvement in an illegal crypto currency investment scheme. mattress lindsay lohan, and youtube or jake paul are among them. but accuse of encouraging millions and social media followers to buy crypto assets without disclosing they've been paid to do the promotions. the scheme was won by chinese entrepreneur justin sung. the u. s . financial regulator has charged him with market manipulation. the world's 1st 3 d printed rocket has failed to reach shore, but despite a successful launch, awe about 85 percent of the craft is
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manufactured with 3 d printing technology including its engines, the u. s. from behind the project, a relativity space says it's rocket is less expensive, the conventional lockets to build and operate it's capable of lifting 2000 kilograms into low earth orbit to previous launch attempts. what aborted you to engine failure and a faulty valve. london's piccadilly circus is decorated with lights to mark ramadan . it's the 1st major city in europe to stage a light display for the muslim holy month. massively con, says a symbol of the capitals diversity that said for me, rob madison, coming up next inside story to buy. ah hello, it is mile if not warm across much if you're a pet, maybe there's
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a fair bit of cloud into western parts. is this cloud rain sleep makes its way in across the good part of the west to slipping in from the atlantic tale packed ice, abbas a breezy as well. it will be showers or longest bells of rain for some, but the central air is this glorious looking warm sunshine, $21.00 celsius in vienna. 10 degrees above the average. even key very much on the a warm side as we go on through our 1st a be some present sunshine, few shout out to water se, and there's that wet weather up to was a boat estates for scatter may get little bit of snow for type across and norway and or blustery showers, just rolling in the cross c, r british charles island. seeing some where to where the to was. he went whether they're just spinning in, across wild england into scotland. nor the pas are processing some of that time whether by the time we come to friday, yet might even see a little bit of snow just coming back in over the high ground there for the outs. but to that should clear through it, make a way to wall so we can just have a little bit of wet weather into the east side of the met. it's right,
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is spilling down across all eastern parts of libya, easing over to ward. so good part of northern egypt as well, some wet weather coming through here, but elsewhere across north africa. it is dry, but sharp showers for the gulf of guinea. ah. the coveted beyond well taken without hesitation. fought and died for power defines our, well, we live here, we make the rule, not them. they find an enemy, and then they try and scare the people with people and power. investigate, exposed it and questions they use them to be use of our around the globe. on out is there. china, as president says his country in russia, a driving geopolitical changes globally. june being has been in moscow in a show of support.
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