tv Money Bots Al Jazeera September 8, 2023 3:00pm-4:01pm AST
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kemp, i the role funds a with the, with the mothers, rejected by their own communities checking the things that people are going to welcome them after that. of course not an emmy award winning documentary. here's the trailing and traumatic story for children, throw stones at me erects last generation all. now just the i'm on the inside in doha here, top stories on al jazeera, a month long truce and 11 on, appears to be broken off to rival palestinian factions. returned facing in the largest refugee camp as for thousands of people to seek safety outside the r e l l y cam tension began in late july, when a faster commander was killed at the count. fielding street battles to officials
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say a deal for factions to restore from positions of an occupying for weeks was about to go into fax before the latest round of 5 soon began saying to hold a has the latest from the count. we call it the rest of which account it was created decades ago. so it is now an urban urban neighborhoods. it's an overcrowded count, just one square kilometer. so the street to back to, you know, when people try to make their way out of the camp both while doctors are raging as they come under fire. so it is a decades old struggle between palestinian factions, but tens of thousands of people who live in items, however, who call at home are really trumped in a word. so, hong kong has recorded it's heavy as rain full in at least a 140 years to run to rain on thursday, cause widespread flooding streets and metro stations on the roof. it in schools are closed. authorities of issued flash flood warnings. at least 6 people have died and
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several others are missing. all the heavy floods hit pods of grease. hundreds more have been rescued from flooded villages, electricity, gas, telephone and internet lines. a down shopping to say it could be months before they can reopen. the water was coming down slowly and they came suddenly in a torrent. it was about 50 or 60 centimeters high. we grad sandbox and what to protect the business, but there was little we could do the product you may find here. it's been more than 20 years since something similar happened. the local authorities need to clear drains, canals and rivers. i think 65 people have been killed in money and twin attack spine on degree blink to al qaeda at an ice. so the 1st target to the 1st on the knowledge of river between the towns of go and look to you while the 2nd target to the army base in bound. but violence has increased in body since the u. n began
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withdrawing it's peacekeepers that administer keys is a failing to cub attacks by on groups. the interim government says 50 fighters were killed when the army responded to the states a sales. this is tyson secure c in the capsule. new delhi, as late as of member countries arrives the g 20 summit steps. months will try to reach consensus on the declaration of the end of a 2 day meeting, global challenges of food, energy security, and climate change expected to be discussed. north korea has unveiled what it's cooling, a new tactical nuclear attack submarine speed a came. john attended the unveiling ceremony of a ship yacht in the northeast, the diesel electric power summary reports. the has the ability to fire both conventional and nuclear weapons. state media says that the vessel is part of fuel young's efforts to strengthen its navy. crowds have gathered in the main
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square of the south western syrians, city of us. so why does to protest against the government? the demonstrations have been taking place for 3 weeks since president bush. i'll outside caught fuels subsidies. the u. n says at least 69 people have been killed in sizing and northeast and syria. and the last 2 weeks. violence has increase in the province of j. a result where the us back syrian democratic forces of boxing groups supported by the syrian government you and says, the humanitarian situation is di with shortages of force at food on medicine. a full my adviser to donald trump has been convicted for refusing to cooperation with the us congressional committee investigating the capitol hill attack pizza. navarro was white house economics advise that in the trump administration. he faces up to one yet in prison. there's the headlines. and these continues hit on al jazeera, also money votes
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the . ready the, the 5th of february, 2019 at 3 pm local time. the dungeons plummet says the stock exchange has been hit by lightning. it loses more than $1500.00 points in a matter of minutes. never before in the history of the index of american stalks law, so much in a single day. a new york is not allowed to collapse sprints like one fine to frankfurt, sidney, tokyo kind of corrupt. nobody knows what disclose this disaster. there is no discernible real world economy reason. there are no new economic predictions, no unemployment statistics. the only explanation that he's offered sound strange.
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apparently, the trading computers went too fast. the how is it possible that the french development of ultimate stop trading? yes or no me could celebration of computer systems could almost go was a world wide financial crisis in does he get how chick campaign some more transparency in the financial sector? and then that's why not. and they still succeed in time to see if they have a tough choices. is normally it's decent, as i say, please. but if the, as the voice music wouldn't intact to the hundreds that doesn't go against the draft is up to a 1000. when steve evans assign is beginning zine, did you have energy to probably sign to see 1st of applies actually. it's
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essentially high frequency trading significantly reduces the time that the stock is held before being sold. sometimes it's just merely seconds or even microseconds. high frequency trading is the opposite of long term investment, which is what stopped markets or actually designed for access to stokes. also, it became a lot faster. the quality of the investment was no longer the deciding motivation for buying or selling old match. it was who could react the fastest high frequency trading is performed exclusively by computers, not people. these computer systems are completely autonomous, essentially. now warning bucks, money bucks. high frequency traders place that computers as close as possible to stock exchange computer systems. a process known as co location proximity and high speed connections are a deciding factor. for example, a pension fund wants to buy 600000 shares at the price of $9.50 on the road that
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goes out to various stock exchanges. when the old rise at the 1st stock exchange, a high frequency trading system be texted and immediately places it. so notice for the same chest, with all the other exchanges, faster than the pension fund cap, things to its high speed systems. the high frequency trader is able to buy up all the shares at a price of $9.00. 50 then sell them to the pension fund for $9.51, the high frequency trader as an $6000.00 within a few milli seconds and with no attached risk. the frequency trade as do not have to be in active in the markets permanently. their advantage is most effective when crises, disasters, or political decisions cost strong price fluctuations. the
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essentially high frequency trade is benefit from crises and are constantly waiting for the next one to occur. in the beginning, the intention was to use great to predictability and foster infrastructure to increase the stability of financial markets. in fact, the opposite is it could go to a nation, has made the move bundle of tool. there is no electronic system that cannot be hacked. the had a, you have a trade in engine, was running in frankfurt remotely, but it was being controlled from london. what happened in this particular case is the internet related outage caused us to lose control over the engine that was in frankfort. and
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i remember for a couple of hours trying to validate that the engine itself was on the mobilized turn on my engine was actually lives and actually designed a feature that said, if you break connection with the mothership, stop trading. but that feature had a parameter and it was off. i had this engine that was basically trading. it could of last, you know, could was $30000000.00. right. it lost a few $100000.00, but it was uh, it was a terrifying experience. time boat is
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a traitor and come a software developer in stanford, connecticut. i'm boat, i played an important role in the development of ultimate stop trading. his idea of using computer algorithms to process information as efficiently as possible is one of the foundations of mountain stop trading. a 2nd prerequisite for success is a high speed data connection. the french businessman steph antique knows all about fast data transfer. his company's mckay brothers and quincy data based in paris and california and operate the data connection between new york and chicago. the homes of america's most important stock exchanges a different
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time, both players in a global battle for the best computer software and the fastest data networks the this context began a long time ago in the casinos of las vegas at the end of the $196.00 days a new generation of scientists recognizes that it is possible to use computers to increase its locked at the tables high and is like a wood sold on black ho, develop algorithms that allows them to come cods when playing black check to make predictions. going from a takes a different approach. in the 19 seventy's, the physicist makes religion, his field of expertise. pharma and his team begin to play they soon discovered that it's possible to predict the cost of the bowl. if one knows its current position speed. and then we embarked on building
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a computer that would allow us to do this. now this was 1976 when we got started. so you have to realize at that point, there were no personal computers or anything like that. in pennsylvania is like in the mountains stiff antiques company is working on making the fastest data connection between new york and chicago. even foster. i know he's also closer to your price, offer you the mouth of a feeble since he bought the old toilet that us into it. i put me you have to over allow even just getting the had you well, my mom's i'd you already left for me. i sure a, or could the, don't this in your head you to solve, we just getting know to see a horse you know is if i pitied the menu and that it was just a 2nd. ok, let's multisite it. don't say repeat these, just get a cushion tool. you for it up. so do you want
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a face to do it on the sheet and fly flowing show? so the get the austin airport depreciates. i go just going your drums a she'll need to do is want you to america. songs i've up is one to fail. okay, i'll take more of this. you see? i'm to prove come, no school, young cross, the felt me know on do i sorry to was still in the, in the doing that he was telling me the issue was this should do not cool so no, no, no, don't that he was told to go by sandra, i could barely keep them all. i'd use you into an algorithm as a rule for answering questions. the algorithms provide the foundation, so tom is bet. so the casino computer is required to process algorithms quickly. the time, however, these are not expensive and slow. this begins to
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change in the meat 19 seventies, the 65 o 2 microprocessor just come out same microprocessor. the guys from apple who used to build the drawing, thomas team designs a computer around the same process. the initial version of it was under the arm to there was a pack of double a battery's under the other on to switches. and the shoes wires running up and down antenna around the shoulders. the antenna would transmit the signal to a 2nd person who would then place the bets from the moment the crew a spencer ball until the ball until the that's getting close. there's typically about 10 seconds past 10 to 15 seconds. so we have to be able to take the data for the router and ball and get the prediction
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4 to 6 seconds ahead of when that that's got closed so that the better have enough time to reach over in place perhaps. so we have to have the prediction coming pretty fast. the computer we had ran very slow by modern standards. but because it was, you know, carefully coded machine code. we were able to get the answer out in a matter of a fraction, 2nd. going from us computer became the stuff of legends. it wasn't just any computer. it was the 1st to to built into closing while steve jobs and steve wozniak were creating the original desktop computer going from i was building one issue from a himself, becomes an icon. so people working in the field of computer base predictions pharma and his team eventually decide that the winnings at the really like we'll do not
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just define the risks they are taking the day we turn to most serious scientific fields. pharma finds himself at los alamos, where he investigates methods of predicting the weather, among other things then the world changes, or at least the world of money is $200.00 once it is done by a 191. right now, 345000000 shares on wall street right now. down 271.53.2019
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point. during the 1987 stock market crash, investors attempt to dump the shares in a panic. the bro, cuz eventually begin to ignore the frantically ringing telephones. the authorities decide that more trading should be left to computers. this people simply are not reliable enough. the new york stock exchange remains america's largest, but chicago becomes the center of new financial technologies. the whole trading company is one of the pioneers in the field of big data and market predictions. in the early 19 ninety's, the company is considered a measuring stick by many traders, the like going from a whole trading companies found a black hole. and originally put his mathematical skills to the test in las vegas
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where he come to cons of the blank check tables in the 1970s. he is one of the 1st to recognize the potential of automated financial trade. in 1985, he finds his own company in chicago, the center of us derivative trading i'm both ex joins holes team in september of 1997. quantitative analysts are also in high demand in europe, the best, the most from the universities in paris, mathematician so welcome additions to the market. as all physicists like steph on take the book you show was pizza to keep them pretty on bush edition. show the things that
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you see them video better over the phone and it shows a whole. so it had been fairly po to show you get more on bush, if you're just gonna do, is this really the, the shows usually uh, a piece of decrease to secure the menu menu chino, shayla v. those, you know, a d is this, the, the doctor sees the country not disorders does she? i'll make this will come deductive. he's a computer, c, c, dumper. she did the field as a buffet month is f i the question level. so you're going to use that puts you must show the the book. so me say come, i'm on the shows 10 a been to thought about a past due to a bone to a key from the d. v on betsy inactivity too much of a time. you look salmon sitting to sit down the diffuse. yeah. that for,
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for the coupon of heavy to me to the surface. i'm only on that pushy pull progress . so here i'm going to see the like if you take the pre show me the all the, all new problem while we were doing the real that project, our friend rob shock came over and said i just found out about this amazing thing. chaos. so we went up to allowed and we looked at the simulation on the la computer and we were just amazed because you could see, even though there were deterministic equations, was making this random looking set of patterns on the screen. and so we got completely fascinated by that and we, um, we created algorithms for finding as identifying patterns in nature that are described by chaotic dynamics.
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going home, devotes yourself to studying happens time prediction has to be met. one of these areas of study is me to role legit. pharma and his team in the los alamos are able to expand the timeframe for precise hurricane projections from 2 days to 5. this gives emergency services valuable time to evacuate, people endangered the every time i would talk about as somebody would say, largest stock market. and so i kind of got tired. so, you know. meanwhile, i heard about the efficient arkansas and offices which sets that stock markets are inherently unpredictable towards the great popular theory of the time. and i didn't believe so norman, i once again left. he left his job at the university of illinois and i left my job
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at solomon's and we gathered with some other younger scientists. does this guy started a company to use computers to protect the stock market. this was in 1991 and would color southbridge. the the i think was free until the original month. not for a nissan convey. yeah. they're hoping to see from this i'll do not turn on the all that fun does that make that for safety? la quinta, she wants to still continue to fund. we've got to do this or get can hold a month. no. in your proven you want to come feeling like it goes to a level. so i'm gonna say when you're home to tell you the, i know when i bought here the loan on a buzzing done, the pirates stock exchange. he's not the only empty shell. even wall street is
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little more than a movie set these days. this interaction data center is located in an anonymous building on the outskirts of vienna, austria. the company has 13 such co location centers throughout to you are more than 100 internet service providers. 5 internet exchanges. unimportant clients services have computer stations here, as does be in a stock exchange. as the exact location is kept secret and there is no official confirmation of the presence of stock exchange computers. we think this could save some of the intakes and bit okay. is this an agent's hands on, and the internet's 9 boston. i've opened it up to you and these are a few more community of interest we've using them and also since okay,
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it has to be have something here on the name and meet them on the what's the my other question i have down time is of the essence, as i guess you may need to speak to and if you stick, you have ordered the left hand side. does it come from the box and the big stick and music on that? i suspect one does. she think you should have some available phone gaming you seen . so finance this last time comes space of it. for this reason, the vienna stock exchange is most important. some of the of, of which deals are made isn't located in vienna, a tool it is in frankfurt in the race to bio. so it's important to be as close as possible to the main service of the main stock exchange. the proximity is time and time is money. in the 1990s, us trading is divided between the new york stock exchange on wall street with its
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traditional trading sol and its traditional companies such as ibm and general motors on the electronic stock exchange. nasdaq, the therapy markets, actually one electronic 1st many of us who were part of that transition from florida to electronic markets. we kind of were grand in the european markets 1st and then we came back to the states. matter of fact, your x is quite interesting to me looking back because it was the 1st exchange were where i found, you know, basically cheap to explain the i got a lot of credit and you got a big promotion for finding a cheat on your x exchange. to get prices faster than we sort of and you know, years later when i hit the front page of the wall street journal for my whistle blowing against direct edge. i'm a former colleague from hall,
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contacting me by email and said, hey, what you turned on a direct edge is very similar to what we were doing here. and uh, i been a whistle blower for a year and i had not really acknowledge that i was guilty of the same type of thing that i had turned in. you know, i just had an equated the tier and it made me realize how difficult it is for people to really see what they're doing in our industry. when we found a prediction that we, we didn't know anything about financial markets, our method was to look for patterns in the data us. and when we found those patterns, then we would design a training system that we make that's based on patterns.
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we learn some lessons from left. one lesson was that you've got that big the stock market also to make a good model. you don't have to pretty pretty well. if you're right 55 percent of the time. if you make enough depths, then you can make pretty good profit. and unlike rule out where if you start, when they can just throw you out or front to break your kneecaps and the stock market, they don't kick you out for winning. so we actually took us about 5 years before we really found something that genuinely worked in a consistent way. once we did that, it worked very well. and so production company traded subsequently for about 25 years. we ended up selling it to us in 2006 roderick, the challenge of the cost,
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the victim of global warming, africa, age, the become a clean energy powerhouse. leaders on the continent and calling for debt relief to unlocked funds, the climate solutions plus anger's mounting of the impact of pakistan's. i am a bailout condition. counting the cost on the al jazeera, discuss the difference during the pro ration which is a selection of the best news from across the network. the . it was a fine job of the war in the ukraine. india is hosting. this is g. 20 summit.
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president, chief china, and russia as president, puts in the notes attending, instead of projecting unity. this event could end up as a symbol of the world more divided than that. the g 20 some years on out as the leaders of the was which is countries are arriving in the india for the g 20 summit . we look at why some of the say it's a house divided the heather them or i, kyle this is there a live from though? ha, also coming up of to weeks of column. those move flights in between
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viable functions and a palestinian refugee camp in the streets become rivers in hong kong of the city has lost by the heaviest rain and more of a century. and the roosevelt cupcakes off in frost, with tastes taking on 3 time champions using the leaders of the wealth, but just as much as possible. countries arriving in india for the g 20 summit. the nations account for 85 percent of global economic output and 75 percent of international trade. but his members pay more divided then as i saw that plastic as to james base report from new delhi in recent days and weeks, the center of this massive bustling city has been transformed. a beautification project costing tens of millions of dollars all for the benefit of the g. 20 lead
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is many make shift houses have been destroyed. the authorities say they were legal dwellings, but they were still the place some of the poorest and the city called home posters all around daily. the summit's host prime minister, the rent promoting this event is politically important to him with elections head you early next year. but diplomatically, the summit is a challenge for in the last months, brick summit in south africa, china as president, she was sent to the stage, but he's not coming to delhi one. i know this told me many and india perceived that as a deliberate snob decision of the chinese government, the presidency not coming to india, this clearly shows that relationship is really died. so there are serious problems in that relationship and relationship is obviously not normal. and india and many analysts and to be also look at that, you know why he's not participating? because china does not want to see a successful disease. one do somebody does india?
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since he was issued an arrest warrant by the international criminal court in march, president vladimir putin hasn't gone anywhere outside russia, apart from visits the territory in ukraine that his country occupies. he'll be represented by his foreign minister. so gay laughter off in deli, the war and ukraine will not be the main issue on the summit agenda. but it's obviously the key fob klein international relations around google right now. last year is g 20 summit in bali. the indian easy and host that pre agree to communicate which condemned the invasion but said not the whole members agreed with his position. at this time though, for minutes, the lab growth is rejecting such language and threatening to completely block a final declaration. that will be a symbol of the g. 20 is paralyzed and the world will divide it. then as the slogan for this year's summit is one of one family, one future. the reality is appears though it's
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a very broken family. the kennels agree on that future. james bay's, which is 0. you deli, oh katrina, you joins us now live from new delhi and katrina. just focus 3, 1st of all the preparations full, the summit we've been seeing. lead is arriving that throughout the day a and that's what some of the world's most powerful leaders have arrived here in india. on friday earlier we had japanese leader for meal casita. we had refuse to knock from the u. k. momentarily. we're expecting us president or bite, and then shortly after he arrived, he'll directly make his way to moody's residence for bilateral meeting. and later on, we're expecting the rivals of the leaders for sale indonesia, as well as the netherlands, and shortly we're also expecting a speech by the and secretary general until a antonio gutierrez. now lots on the agenda this week. we have this weekend, we have a climate change is going to be up for discussion and a slew of economic issues and is getting private, financing,
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and funding of food security as well as energy security spots coming back at the end of this with any concrete deliverables that is going to be a challenge for the horse nation india, and that's because this group has been played with tensions and disagreements between themselves. and of course, as we just had an issue that is not fully on the agenda threatens to derail discussions entirely. and that is the war and ukraine we have likes of the states that just frost and canada calling for comes a nation of brushes, nation on the strongest terms. yes, we have this disagreement obviously from russia as well as china. now, not so surprising that i didn't pretend will not be in attendance. most surprising, rather that earlier this week at china announced that president steven thing would be giving the, the, the 20, the do 20 some missed for the 1st time since he came to palette in 2012. and a lot of speculation as to the reasons around this time,
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his government itself has been very opaque, not providing any certain reason, just saying that they're sending instead of the number to premier lee chung in his stead. but we do know for a fact that back home present. she didn't thing is dealing with a lot of domestic issues, including major economic stagnation. we also know that currently india and china really locked themselves in a very tense, bilateral relationship with sit an old time low of a border dispute. and also we have a bit of a rival ambition between you deleon's aging with an a run for moody wanting to project india as a leader of the global sell a position that china believe it should go to badging? absolutely, i mean that's absolutely key for no. andrew basie at best junction. it doesn't. it was elections next year. ok. that's right. we saying no render already really wanting to capitalize on the india hosting the g. 20 summit. we've seen his face, placid, old over signage and,
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and different decorations and designs or around the g 20. this is not so much. india is g 20 as it has more days g 20. and really tried to take advantage of this moment. india is moment in the sun ahead of the domestic elections that we have here in india scheduled for next year. so a lot riding on this all full more. d, as i said, you wants to project himself as an alternative leader to the global south. uh, somebody that office a bit of a different package to b j. now obviously india right now does not have the equal capacity that china has to all the infrastructure assistance, new tree assistance to other developing countries. yet what it does have is a good relationship with many weston allies creating the u. s. a. that badging does not have. so it's offering a different package and it's hoping to get the attention of many other developing countries at those advocating and saying, moody says he wants to answer why the voices of these developing countries. and one of the things that he's calling for at this j 20 is that uh for the 55 african
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nations being created as none of the states and the 222. okay. katrina, you thanks very much for letting it out for assessing the sea level. the g 20 which kicks off tomorrow. we are expecting that press conference from the you and that's actually general continued gutierrez, to start in the next hall for all of us. the same. the in the room, we're expecting him to talk. we will be crossing to that as of when it happens of the month long. true. supposed to be broken off to rival palestinian factions with zoomed fighting, and the largest refuge account in lebanon as fools, thousands of people to seek safety outside the. i'm l. hola. come tension began in late july when a start to come on. the was killed of the kind of fueling st bottles to official say a deal for fractions to withdrawal from positions they've been occupying for weeks
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was about to go into effect before the latest round of fighting began. then a hold of hasn't made me think some of the refugees of the idaho a come. they told her that living in a very difficult situation. this time around, people say they are tired, they don't even want to go back to the camera. they're telling us that, you know, we'll go back living in tents, we call it the rest of you to come, but it was created decades ago. so it is now an urban urban neighborhoods. it's an overcrowded count, just one square kilometer. so the street to back to, you know, when people try to make their way out of the camp both while doctors are raging as they come under fire. so it is a decades old struggle between palestinian factions, but tens of thousands of people who live in items, however, who call at home are really trumped in a war. so they've been living in fear really for the past months, because for them it wasn't a question of if but when there will be a new bout of violence because there was an undeclared choose that silence the guns
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in early august. but the call a core, the causes of the conflicts have not been resolved. and 1st of all is saying that they want the killers of their one of their senior commanders to be brought to justice. and that's has not happened. and then the 3 month was supposed to take effect today, whereby militants armed fighters were supposed to vacate, i was in order for the academic school year to begin. and that's how you know, the classes, the classes with the, as you can see, ambulance here, there have been a number of wounded horse taken to hospitals, at least 20 people were wounded in the latest thoughts of violence. so people sleeping in the streets, sleeping in mosques, and these people were 4 to begin with. palestinians are denied services and 11 on they rely only on the un agency, which is cas dropped them. they're not allowed to work in many professions. in fact, they're, they're kind of really trapped in item, how do we,
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they're not even allowed to bring in construction materials for those who can't afford to rebuild their homes. they're not allowed to bring construction materials inside the camp. but most of the people here tell us that we haven't be a big, you know, started to even begin reconstructing our homes. because we know it was just a question of time when there will be violence. yes, again, would you mind gossen is a political commentator and why so? he says the violence in the come stems from the facts and seeking retribution, the killing of the 5 to come on the in july. as the plight of the camp has all is the been that the see flare ups of violence every once in a while and you have the different the scene inspections that are established there . the main one among which is part of course and other smaller is money groups that pop up here and they are a, every once in a while. uh and the girl. i mean, the influence between these factions changes and there are often switches of
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allegiance between the groups and that's really a bathroom for the control of uh, the, the tiny streets hope that cam uh so, and this map is always an ever changing even within the will like within the fact that the sensor less ortiz up the, necessarily, there are factions that are in fighting for influence to control center. even within fact that you have internal fighting. but that's happening right now in the and i'm having to have nothing to do with that. it's a ton more to do with the assassination that the place a few weeks ago of a senior i thought that commander and the got to use simple that hong kong has records. it's heavy as the rain full in at least a 100, a 40 years. torrential rain on 1st day cause widespread flooding streets of metro stations. the underwater and schools are closed. as child stratford report so far
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as these have issued flash flood, warnings, flood rules arising over night. roads turned into rivers. emergency service is doing all they can to help the strand. this is the heaviest rating fools his home come since 1880 for businesses. hotels shopping moves flooded. it's too soon to estimate the cost of damage to the super mold and metropolis struggling to cope with a deluge. note experience to put generations. are you into moving go? i've never seen a scene like this before. it's the 1st time i've witnessed such a severe situation. even during the previous by phones, it was never the severe. it's quite terrifying to see the sultan sloops of nearby hills collapsed. land slides blocked roads. yeah, i never had. this is my 1st time ever seeing this, because before it rain,
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it never happened like this. there was no den site ever, and we never thought there would be a. i mean land side here by the today to the government issued a so called a black rain warning on thursday night, meaning the city should expect rainfall exceeding 17 millimeters an hour. but that was a gross underestimation, considering the home columns of a tree later reported more than double that that costs are called. indeed, we couldn't react promptly in that moment, and the observatory indeed failed to shoot time, the warnings. this was a sudden and unexpected black, right. the government should certainly enhance monitoring in this regard with accurate monitoring, we could take preventive measures which a similar situation in mainland china will forward to using the tech hub sions, and recorded the heaviest, grateful since 1952. when the records began. most of home cones, public transport was suspended with parts of the metro system completely on the
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water. schools were closed, the government's hold on and on a central employees to stay home. the floods come days of to, to type food and hit southern china almost bank to back, forcing home calm to effectively shut down. so i just say the intensity of the she is tropical storm season in asia is a clear sign of climate change. tell us about that. i'll just say a us, at least 6 people have died and several others are missing. off the heavy floods hit puffs of grease 100 small, have been rescued from flooded villages, electricity, gas, telephone and internet lines of down shopping to say it could be months before they can reopen dumpster uplift has more from called this the in greece. i'm standing on the outskirts, i've got a visa, where a lot of people are pumping water out of flooded basements, and we're seeing shops and other businesses without power doing their best to do some business without the benefits of productivity. people going about the
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city, but they can't go far outside it in certain directions because some of the outlying villages here are still under water. and we've spoken to volunteers in the city who have deployed a inflatable boat to go and try and rescue some of them from the rooftops. if my camera pans to the left, you can see that the river that floats on the outskirts of the city here is still quite fuss flowing quite high and full of mud. that's because it's carrying the soil that we've seen a rooted from fields up stream. uh that was flooded some of them still under water and you can see from the foliage on the far side the, the way in which has been flattened. but the water has very recently flowed above it. and the fear has been that this river might list its banks unplugged the says, you've got to be to itself, that fear now seems to have subsided because traffic has resumed over this bridge.
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but down stream from here, another river to which this is merely a tributary, is overflowing, and there is great fear that it could lead to rising waters in the city of louder usa itself. the biggest city here on the plane of progressively, which is greece is breadbasket and one of its biggest economic drivers still has held out is there um, at least $65.00 people a bed in northern, molly, altering um for the time the ministry based on a passenger by a nationwide mine hunt in the new k ultra form, a soldier facing terror related challenges escapes from prison. the, the, the,
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the, [000:00:00;00] the, the, again, you are watching islands is there a has remind you about top stories this hour. those types of security in india's comp. so new denny as late as a member, countries arrived for the g. 20 summit payable challenges on food, energy security and climate issues are expected to be discussed in the to date and the tech when utilizing and 11 and the launch is posted in refugee compass to space more than 200 people in the engine thousands upon the official site and agreement was about to go into effect. the would have seen viable groups withdrawal from that position. and hong kong has records as heavy as playing phone and at least
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a 140. yes. french will reign on 1st day calls widespread flooding fleet streets of metro stations under volta and schools are closed or at least $65.00 people have been killed in molly and twin attacks by an armed group linked to al qaeda and i. so the 1st targeted a boost on the niger river between the towns of gal a multi or 2nd, talked an army base and the bomb bomb violence has increased. and molly, since the un began with touring its peace keepers go straightened out to new delhi where the us accidental antenna guitars is holding a news conference live at the head of a g 20 summit which starts on saturday, assessing. and ladies and gentlemen of the matter is the very good evening. it is a great pleasure to be back in india, but the spirit,
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so g 20 summit. let me begin by expressing my gratitude to india for the warm welcome. and my hope, the easiest presidency of the defense, the real health leads to the kind of us far but the change all so desperately needs in line with the the repeated commitments. the 2 exits on behalf of the global sauce. and it is, it's the city nation to go to the development agenda. and i welcome to foreclose on what has one family when the future. these phase is, is by and by the ma, body shop finds for focus on those into those wells. not just is a fabulous idea, but there's an indignant of all the times because if we are indeed what global family we, we do, they resemble a lot of these foxes on one,
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the divisions of growing that it shows up, flooding got, and thrust is, you know, being which together is the spectra fragmentation and ultimately go home. distracting wells will be deeply can certainly do the best of times. but you know, times it spells catastrophe. overall, this is difficult to the physician. the future is lot people of the thought about the method of institutions reflect the bible and age the global financial actually effect. so these are they, these, these folks know and then fast is required is deep select toby far as this. busy can be said about the united nations security because we need to be faxed to the international institutions. rootkits in 21st century, the fees and based on the website,
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the and international law. that is why i been advocating for both steps to make those global institutions to reversal and repossess a fee of up to basically obviously is as more responsive to the needs of developing economies. we have no time to lose challenges. the steps as far as the i can see, the flemish prizes as well as me, but i met the but the collaboratively spouse is lacking in addition to the ability as such as one of the things that they'll be buying. but efforts with as piece of faulty you think all of these are rising red flags, but that's just because it's dangerous to be by to slow as to be sealed. busy but the kind of going to need. busy these are going for the global sort of that is the,
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is missing in action. this is going to be the simple. but as if do, we cannot go on like these. we must come together together for the common defense. the leaders must show me the shape to priority areas. firstly, the sheep on the planets. the carpets prizes his paddling of control. but the 20 countries are in control. together to 50 countries are responsible for 80 percent of global the nation's off measures. we lock prevents full climates breaks all either means keeping 1.5 degrees, all alive, the moving stuff based on the web of justice and the adverse thing. it's just an extra big cause issue with getting the car. i have to follow with the climate somebody that a feedbacks you which big it me, it says make extra efforts to get the missions as well. if guns we support the
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merging economies, which you use and battery of these here, i presented the plant and so puts out these efforts. so an explanation agenda gets calls on developed countries, so each next 0 as close as possible between the and the monthly economies as close as possible to 2050 phase off coal by 12 you said, you know, a cd countries and 50 for the, you know, all of us and all the licensee and funding of new flossing for profits and bring the affordable electricity to wherever you are on us. why it seems that as we reaching next, you electricity by 5075 in developed countries and 50 for the else. this literacy policy will meet us, find the commitments to developing countries by the developed wells as he's moving by missing the one of the us dollars. go stop and get a section, find this replenishing the green clement funds as open as you know,
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lives in the loss of damage funds created in the last call. ladies and gentlemen of the mad yeah. seconds. the defense, you must show sustainable, much so with the sheets in saving the sustainable development goals. i think the far wonderful things measures that to you immediately, the benefits they include the messages, symbols that at least $500000000000.00 us dollars. but yes and effective depth. what method is to support payments suspensions low that's lending terms and lower rates on federal funds to developing countries in distress. and we need to get to somebody who is ation and changing the business model of the bags to be able to message me back. but it's 5, it's fine, is it visible? costs developing countries and lots of stuff to be generally in good use, special drawing guides could easily quickly see where it is needed. most of the
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shifting subsidies away from costing 12 deluxe has a level and productive uses together. these actions will capitalize sd problems and the, you're going to be economies invest. you physicians accost energy, foot systems, vision, so education, those, the sort of jobs and social production. all of these within which you to take all has no nation, no region, no blue, not even the defense because with the low you miles ex, together as low saturday to save our warehouse and say got our one feet shift. thank us. thanks very much. we're good to find them. i have one question for you guys. 2 questions,
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are you going to set up the no no excess now well the all the warning by minute expectation is that companies assume that as possible. if there is climate change, 80 percent of the nations have a lot to do with it. and they percent of the nation start from judgement. so just as the counselors must assume, literacy, assuming the shipping to fronts for us in we do see the missions us. but 2nd ink
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cartridges, no volt companies are equal. we need to find ways in which developed countries are able to support developing countries, but not totally in the reduction of that emissions, but also even have that station in building resilience for their communities. suffering. their memory came back to the gland to change. just slow. i came from that advocate collab sides 20 of the most that i met the cops focusing well, i mean, definitely, definitely good is the what is confidence. so there is a basic injustice that needs to be addressed. and at the same time, there is
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a central edition that needs to be assumed by too busy balances in line with them as opposed to use of why the factory so into let's be clear. yeah, i mean, the very challenging moments. yes, i seen that explanation of it. it must be furnished by the change. we have the, the rest of the vision of the voted seen exit on the walls. we have new technology is maybe we have some issues and some of those being developed in the way in which days know, blow corporation in order to be able to make sure that these developments useful goals. and there is, i don't buy happy bobby's so easily. extremely challenging moments. so companies must assume who's supposed to be is independently of whether it's the president of
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