in fact, just one year ago, the i m f. and now that it would be putting a pause on funding to ukraine because of concerns over rampant corruption and those problems surround both ukrainian president zalinski and some of his close friends with the i m. f. even admitting back in 2019 that he would have to put a stop to loans dispersement in the country because of the fact that there were more than $15000000000.00 in stolen funds. and the i m f, notably admitted that it didn't have confidence that zalinski or his government would recover money. now back in 2016 at the i m f also said that it would deny request for a full bill out from ukraine with the funds on presidents saying that kind of action would not be considered until the corruption stopped. i am concerned about ukraine slope progress in improving governance and fighting corruption and reducing the influence of vested interests in policy making, without just substantial new effort to invigorate governance reforms and fight corruption. it is hard to see how the i m. s

but the i m. f expects russia to enter a recession due to ongoing sanctions against the country, saying it expects the economy there to shrink 8.5 percent by the end of 2022. let's talk now to marcus brun. am i a director of princeton university's department of economics at the bend time center for finance. thank you very much for joining us, marcus. and 1st of all, your reaction to the slowing predictions for growth. we've had it from the well bank. now the i m f, they just keep coming i think it's no surprise given the big disruption bill. freezing from the regional to ukraine of and girl we would expect the decline of the growth rate. but the question is, how quickly can be bounce back and again shows on resilience, given the circumstances. and so how, how quick do you think we can bounce back? i think that depends very much how quickly we can switch to other sources and just depends. you know what energy supplies we can in a place where so colby and oil, we can place collectively easily while a

so the i m f, 's role was totally thumbs formed. and it went from the side of the good to, you know, to the side where you're free incompetent, misanthropic troika, was it was an app that was correct, but not suggesting that the i'm actually abolished what i and others who are suggesting that number f. s, the ours are created in order to fund a free vaccine for every human being program to fund investment in green jobs in the developing world. what we're saying is the i m f should go back to what it was meant to be 9 before they've all do, we had the capacity to do that right now. i mean, if you look, for example, all 189 member countries along with the i'm of leadership, they're ready to allocate cobit funds. they're ready to do it. it was blocked last year by the us treasury. now many speculate the reason was that the trumpet ministration didn't want to create any avenues or pathways to funding for iran or china or venezuela. but now we have an opportunity here under janet jaelyn, the news your surgery secretary to do something di

i know how much you love the i m f of you. you've been obviously very critical. the i m f. ah, the international monetary fund in 2016 used the phrase that i found very interesting you accuse them of fiscal water boarding when they impose strict austerity measures on greece. the irony, though, is right now, many progressives are included. some of the largest humanitarian groups are actually calling on the i, m f to disperse, a multi trillion dollar cobit relief package that use funds that don't have to be repaid. where do you stand on? that is, is a measure you'd support? absolutely, i would like to actually strengthen it. the international monetary fund is a creature created born during the bretton woods conference in 1944. the original idea was a splendid one. it was worth like some think somebody like the central bank of the world and the phone for the 1st 20 years. the i'm and it did not do it a bad job. i mean it, it had to handle the fixed exchange trades regime. things changed when burden woods collapsed, but i the i have survived to survive it as the antidote and eu

is there an alternative to i m f. money? how far can help an aid from india and china go and helping the country out until it makes those sorts of structural reforms? is that a possible alternative solution? well, of course the, the don't go into i, you, me right now. the long case, not in a position to be continuous india. mine's not the for any mystery in c lancaster, india, china, again, i feel that confidence void. now i cannot feel that because being beaten is that the help right? there is short term trade credit to senior and a pre brilliant able to land carpool. i'm the county board program, but of course, if you look at the total amount that they have a list as pretty we even just then one month in particular to the same thing is to it. china because i had it in 1000000000. you are also equal to $1500000000.00, which would have been used only for importing goods from gain, but they'll do just point doubly why, why would another i am i fly and be the solution? i think the countries had this clean. i am a loan so far.

does it look like the i m f is fully prepared to follow the money in ukraine? you know, it doesn't just yet, and it's been notable to see this new trend of western countries looking for additional ways to show their support for ukraine. and there have been increasing calls for international financial institutions like the i in that to step in and cancel ukraine's debt. however, the i in math has yet to sign on for that kind of the plan. and that could notably be because the ukrainian government owes the ion that more than $13000000000.00 with more than $2000000000.00 in debt payments due this year alone. however, the i in that as said that they plan on creating a new account so that donors can send their funds to ukraine, which is notably one of the most corrupt countries in the world. the government of canada has proposed up to $1000000000.00 canadian dollars in the recent federal budget to be disbursed to ukraine through the administered account. and the account is available for use by any other members. as well as inter governmental agencies and organization

is there an alternative to i m f. money? how far can help an aid from india and china go and helping the country out until it makes those sorts of structural reforms? is that a possible alternative solution? well, of course the, the don't go into i, you, me right now. so you learn case, not in a position to be continuous india mine. so the for any mr. since we've got. so india, china, again on the bill that confidence void. now k, j not cannot feed that because we need to need that the help, right? very short term trade credit to senior and a 3000000000 able to learn how to undertake any bought program. but of course, if you look at the total amount that they have a list as pretty we even less than one month in particular to the same thing. is throw it china because diana had done it in 1000000000, you are also equal to $1500000000.00, which would have been used only for importing goods from k, but they'll do just point doubly why, why would another i am i fly and be the solution, i think the countries had this clean, i am a

now one important reform program which the i m f. be sure that gave to see lanka under this article focus and was that i may have recommended that when i go into banks, independence should be maintained by enacting the bill that had been drafted earlier that had been presented to parliament while after that in last year. was one of the ministers there and that particular it was shared by the administration . and i am a fast now recommended that bill should be immediately connected. we could actually insure the independence of the central bank at the depot devices on the center that activities that that is right. how city laws, very strong. and he said one of the people who is in the back to be set, but we don't have to sac them. what we have to do is to ensure the independence of the central bank by enacting the bill that had been shared by the administration. and by doing that, what we do is actually we will make the central bank and agent of the government. we provide the product do and construct the were great. so the government r

m f this year. so there's that question which we're also asking, which is, it's all very well, but don't have to be given to ukraine, but it will not let me just simply re coming straight back to the i m f to back to dc. it back to the hedge funds on the banks that own ukraine's debt, or will the m. f and outgoing calls here, canceled the debt a as, as, as there always are calls whenever there is warfare, whatever countries and data are subject to conflict. usually the answer is no, but given western support for ukraine, who knows, but we don't really have an answer to that. but it isn't quite as simple as it seems, given the indebtedness of ukraine to multilateral institutions. like the i m f i was 0, she had pregnancy reporting live there from the i m f in washington. she had many thanks. the former president of honduras is at this very moment being expedited to the u. s. the one time american ally, one orlando hernandez, is facing drugs and arms charges. al jazeera theresa bowers. following this,

the charities calling on the i m. f to stop increasing a hardship due to its insistence on conditioning loans to the developing world on implementing austerity policies. while it was rich nations to avoid cutting spending, to preserve what economic recovery there is. one. i forget the force of us. but we don't see the countries or oxfam says there's a disconnect between the i m. s. research which discusses increased social unrest and more hunger because of the pandemic in the war. i'm the, i'm as actual policy prescriptions for the most needy nations, which demand the slashing of the social safety that ending subsidies on cooking gas, increasing taxes on food and freezing public sector pe. she every time see al jazeera washington bringing some breaking news down more than 500 or a single refugees of escaped a temporary detention center in malaysia. early on wednesday it happened in the northern penang state. police say more than half of them have been found and re arrested. 62 knees though died when they were trying to

when we left the i m f. c plenary that we simply will not be part of meetings while russia is speaking. russia and russians have been ostracized at such scale already. that discovering new ways to discriminate seemed impossible, but some succeeded. several weston finance ministers left me thing when it was the turn of their russian counterpart to speak. modern western diplomacy has been ripped of all undertones, all dexterity outsmarted your political rivals, made way for crude bull headed with or against us. approach with sanctions were at the ready for the latter. earlier was either curse, young were the g, 20 and related international institutions or platforms to discuss international, economic and financial issues. not occasion for formal discussions on the ukraine issue. the us and its allies are so hell bent on, shunning russia. they trip other nations who have more than one point on their agenda or what, what add to leap did make clear to his counterparts during this visit was that we don't believe it

i'm going to kind of shift away from the actual debt itself and just on a question the i m f. and these institutions that to the ukraine is indebted to are considered controlled by the west. there's also already allegations that the west is trying to control ukraine already. does this give them more of an opening to kind of do what the west demand for them? and i'm using the term that a wildly cloak, really, i guess. absolutely. because as part of the negotiation for debt forgiveness, or restructuring even, they could put additional. i mean, they probably pretty much control them as it is. but they could put additional requirements upon them. and, you know, like i said, i mean, you know, as far as rule of law on enemy and things like that, they typically play, what would they put, i mean, you see it and african countries all the time, austerity measures and things like that that occurred with with greek, when they got their i m f and world bank loans. so yes, they could have more control of them. but how much more, i'm not sure because it seems like pretty much ukraine control

i mean, what do you think about the i m f loan? if it goes ahead, is this going to be good enough for the people i'm on time? because as, as we've been hearing, i mean the i m f loans come with painful policies. the people have already been feeling a lot of pain on the streets. we've seen the process taking place. so how will sir lincoln's be reacting to this news? do you think? well, i think housey lincoln's react to this news will depend on the very fact whether the laws on these negotiations are going to be felt on the ground. because what we're seeing is something that is really unprecedented. there are pockets, there are few shortages, there are gas shortages last filing, a price hike. so all these things i have come together and they are felt by every citizen. so whether this is going these last these negotiations, guy, math, and we are in your countries whether that will really make an impact is whether these shortages are going to, are revealed in any way if the bonds are going to become shorter. if the gas lines are going

just coming back here to the i m f in washington, dc. and shouldn't there be more talk about the i'm f counseling that as there often is when countries are affected by conflict to china now and another 4000000 people have been allowed to leave their homes in the city of shanghai for the 1st time in nearly 4 winks almost half the cities 26000000 people can now go outside. after a strict close at 19 locked down, people have reported food and medicine shortages. as beijing consists, with 0 convert policy, china's financial hub has been locked down after its worst outbreak. the virus and the panoramic. still in china and politicians are looking at strengthening laws, protecting women's rights. it follows public anger over a video which shows how a woman with an intellectual disability was trafficked to the country. se a warning that some viewers may find images in katrina hughes report disturbing. laura, it started with this video, images of a woman in a dirty shed, wearing a chain around her neck. the woman named young, known as little plum.

the charities calling on the i m. f to stop increasing a hardship due to its insistence on conditioning loans to the developing world on implementing austerity policies. while it was rich nations to avoid cutting spending, to reserve what economic recovery there is one to forget the 1st of us. but we don't see the same in countries. i mean, oxfam says there's a disconnect between the i'm s research which discusses increased social unrest and more hunger because of the pandemic in the war. and the, i'm as actual policy prescriptions for the most needy nations, which demand the slashing of the social safety and the subsidies on cooking gas, increasing taxes on food and freezing public sector pe. she ever can see al jazeera washington. ah, hello again. the headlines on al jazeera, more than 500 rou, hinder refugees of escape from a temporary detention center and malaysia. 6 died after being hit by vehicles when they fled across a highway. police say nearly 400 have been found and re arrested for instantly has more from kua

the charities calling on the i m. f to stop increasing a hardship due to its insistence on conditioning loans to the developing world on implementing austerity policies. while it was rich stations to avoid cutting spending, to preserve what economic recovery there is, one of us. but we don't see the countries in oxford says there's a disconnect between the i'm s research which discusses increased social unrest and more hunger because of the time that like the war. i'm the, i'm as actual policy prescriptions for the most needy nations, which demand the slashing of the social safety, the ending subsidies on cooking gas, increasing taxes on food and freezing public sector pe. she every time see al jazeera washington, the crime war is being blamed in part for the 1st fall in 10 years of subscribers to the streaming service. netflix share value is plunge 25 percent. the company's pull out from russia due to the ukraine. evasion has been the loss of 700000 accounts as customer base globally fell by 200000 during the january t

m f. recommendations on structural reforms to boost the economy and media recession. they blame on ashton, the run kong with committee, alive from our headquarters here in moscow. you're watching archie international just on 6 am here. my name is peter scott. and here the top stories, this, our the incumbents of french president is to retain his post for 5 more years. thus, according to the final results of the 2nd round of the electoral race between micron and the right wing firebrand marine the pen. the gap between your post is far closer than the last election under opponents of mental macro on the streets to show that discontent. ah, the protest mark a continuation of domestic problems that have march my cons presidency. the most hope high profile is the yellow vest movement triggered by his unpopular tax policies, amarrow macro, and it was also labeled as quote, the presidents for the rich and a slight increase in popularity amid the conflict in ukraine. his ratings have been falling again. ortiz a shout to ben skate reports on the election. results. looks a bit

so there are talks of the i m f. the well bank is going to give shoreline to some money. india has been helping sri lanka, with money. china is negotiating a loans. this is a very difficult situation that she and who is in ha, shout right now. if you could explain it for the man on the street, what would you say to them? i mean, it's funny that he says that the bond on the so, i mean, who created this. yeah, it's the trigger was a 2 parties. he has won no cutting taxes and then to banning the import of chemical fertilizer that created this problem all the collapse. but as you said correctly, the big problem that we have now is to obtain some bridging finance. yes, we have gone to the i m f, but to stop receiving money from them on what's called a and e f f r extended fund facility. it digs a big 6 to 7 months. at the minimum bare minimum i do that time, we need to make sure that people have food to eat, medicine and fuel for which we don't seem to have a sufficient funds. so like you said, is we are reaching out to v

yes, we are one to the i m f about to start receiving money from them on what's called a and e, f, f r, a extended fund facility. it digs a big 6 to 7 months at the, at the, at the minimum bare minimum i do that time we need to make sure that people have food to eat. medicine and fuel for rich, me don't seem to have a sufficient funds. so like you said, is we are reaching out to various countries, but i don't see money flowing in. india has helped us quite a bit of china ah, has, on the other hand said look, we are not going to be the stop sitting the lawns. and that's a conflict that has already created between the government, the i m f, and negotiate those who will be appointed soon are good off of the 100 or so one is that the 2nd issue, which is a sort of a fairly complex situation in the banking system that needs to be immediately addressed. and after that, of course, we need to go into what's called a macro stabilization program. i said leaving oliver, i want to know if i can go shopping and if there's food in the shop. but i do understand that there's a more complex situation

the charities calling on the i m. f to stop increasing a hardship due to its insistence on conditioning loans to the developing world on implementing austerity policies. while it was rich nations to avoid cutting spending the reserve, what economic recovery there is one of us. but we don't see the countries in oxford says there's a disconnect between the i'm s research which discusses increased social unrest and more hunger because of the pandemic in the war. i'm the, i'm as actual policy prescriptions for the most needy nations, which demand the slashing of the social safety and the subsidies on cooking gas, increasing taxes on food and freezing public sector pe. she every time see al jazeera washington, the ross justice department says it will challenge a court ruling that's struck down a mask mandate for the transport sector. but the white house is inviting people to keep wearing masks on planes and other public transport. the centers for disease control and prevention had earlier extended the math mandates, citing,

i. m. f, world bank, and others as special tax on war is needed, russia, and after that any other aggressor must bay for destroying global stability. such decks must be applied, but to all, without exception, something that hasn't been raised publicly, at least as ukraine's debt to the i m f, itself, some $13000000000.00. ukraine has been servicing about deaf. it's expected to pay some 2000000000 dollars this year. so a question being raised here in washington by politicians and activists is when they should do give money to ukraine, is a great chunk of that. just coming back here to the i m f in washington, dc. and shouldn't there be more talk about the i'm f counseling that as they're offered is when countries are affected by conflict to france now, and presidential hopefuls how their final rally. they had a sunday night president menu on the chrome campaigned insane at st. any notes of paris is hoping to swavay his who went overwhelmingly to the left and the 1st ballot, and had smith propo

just coming back here to the i m f in washington, dc. and shouldn't there be more talk about the i'm f counseling that, that as there often is when countries are affected by conflict. another 4000000 people have been allowed to leave their homes in the chinese city of shanghai for the 1st time in any 4 weeks. nearly half a city's 26000000 people can now go outside. people have reported food and medicine shortages. china's financial hub has been in lockdown off it's worse cobit 19 outbreak since the start of the pandemic. politicians and china looking at strengthening laws, protecting the rights of women. this fall as anger spot by a video showing apply to a mentally disabled women traffic to the country se a warning, some may find images and katrina hughes report to still wrong. it started with this video, images of a woman in a dirty shed, wearing a chain around her neck. the woman named young, known as little plum. flower had been trafficked and sold twice as bright. in the 1990s, she was found in rural southeastern china, january and h

i mean, what do you think about the, the i m f loan? if it goes ahead, is this going to be good enough for the fact with these loans on these negotiations are going to be felt on the ground. because what we're seeing is something that is really unprecedented. they allow power cuts down the fuel, so they just, they are gas shortage. is their last filing a back for a moment before we look at how this is all impacting the, the roger packs a family by island. just tell us what caused this economic crisis and what we are going green and the rising commodity prices increase on where all the and the me and the destruction of that has mean, i only make it me off the recommendations i have. but with that's only going to stop the home. let me ask you this on what more get the government have done? what more could the government have done a line? because as you were just saying, there's a rising, we saw the rise in the cost of fuel because, you know, i mentioned last year, she's got all kinds of lunch and i just need to have a few of the reasons t

in china, the i m f says its latest predictions may be too optimistic to coincide with the m f spring meetings, oxfam has released a study, predicted a pandemic, and the warn ukraine could push more than 263000000 people into extreme poverty in 2022, the charities calling on the i m f to stop increasing a hardship due to its insistence on conditioning loans to the developing world on implementing austerity policies. while it was rich nations to avoid cutting spending, to preserve what economic recovery there is. one of us, but we don't see the countries or oxfam says there's a disconnect between the i'm s research which discusses increased social unrest and more hunger because of the time. then like in the war, i'm the, i'm as actual policy prescriptions for the most needy nations, which demand the slashing of the social safety and the subsidies on cooking gas, increasing taxes on food and freezing public sector pay. she every time see al jazeera washington. ah, this is all 0, here are the top stories, city officials and new delhi destroyed. what they say were illegal structure is des

is, would like to do its own ins deputy foreign minister, pamela gibbons, he talks challenges, era i f m. yeah. okay. welcome to the street. today we are focusing on sri lanka and the worst economic crisis. the country has been through in decades how regular people managing as prices go up and placing goods are really hard to find. this is a conversation that you are invited to as well on the chief. the comment section is live ready for your thoughts, your comments and being part of the discussion theme that came up nam may that, that my mugot might have not faced such hardship before the time out of the last year or 2, it has been very difficult to do i get paid a good salary, but i no longer can manage with that gun when we get up in the morning. the prices have w. we're done. now we only get half of what our sellers could get us before this. lot of people, the fault is not with my job or the salary, i get it. the problem is with the rising price at the merger that end on the bank and bug a thought. again, joining the conversation to help us understand what an economic crises in sri la

the i m f, believe latin america will grow 2.5 percent this year, but the war in ukraine has increased uncertainty over its outlook escalation could eventually lead to serious global financial distress. the multilateral lender expects brazil's economy to grow 0.8 percent, mexico's by 2 percent, columbia's by 5.8 percent, while chillies will expand by 1.5 percent. the i meth is forecasting 3 percent g d p growth for peru and 4 percent for argentina. a slide from the previous years, strong growth rates. ah, latin america has fewer economic ties with russia and eastern europe. but countries like mexico are feeling the effects of gdp downgrades to major trading partners, such as the united states and china. the i m f said higher food and energy prices were forcing countries to take measures to soften the blow on the most vulnerable and contained the risks of social unrest. samba jerome may be back, but it could be a long time before economy's in latin america got truly into the party spirit. that's our show. i'm christy pods and berlin. thank you for watching the sea shell roll a paradise

welcome to i was i m f managing director, crystelina gilba said the war in the pandemic are a massive setback for the global economy of facing she insisted g. 20 countries must continue to cooperate, to deal with pressing problems. accelerated inflation. it has become a clear and present danger for many countries. rising foot and kill prices are straining the budgets of ordinary families to a breaking point. meanwhile, the world bank, working closely with the i, m. f, is forecasting a prolonged crisis. one of the key transmission mechanisms is the shortages of food, of energy and of fertilizer. these are the fertilizer and energy are critical for the cropped cycle. so they're building on each other and creating a food insecurity crisis that, that will last at least months and probably into next year. finance officials from the us, britain and canada, walked out over russia's participation in the g 20 meeting to address the head winds, confronting global growth, resolving the food and energy crisis remains a major challenge as long as the war continues. now it's been 9 years since the

the i m f said higher food and energy prices were forcing countries to take measures to soften the blow on the most vulnerable and contained the risks of social unrest. sandra jerome may be back, but it could be a long time before economies in latin america get truly into the party. spare us that's our show. i'm christy pods and in berlin. thank you for watching with ego africa. oh, industrial fishing. a danger to the rich marine life and what a thousands of dolphins have fallen victim too. it's a gathering precious day for you. better understand these animals answered back to protect them for next on d, w. after world war 2, the soviet union became a nuclear power. in part, to our documentary, the history of the red army. during the cold war, the soviet armed forces were among the most advanced in the world. but their weapons were used to oppress a new route of the troops only got worse in 45 minutes on dw, ah, every day counts for us and for our planet, with global ideas is on its way to bring you more conservation. how do we make cities, reader, how can we protect habitat, what to do

the charities calling on the i m. f to stop increasing a hardship due to its insistence on conditioning loans to the developing world on implementing austerity policies. while it was rich nations to avoid cutting spending, to preserve what economic recovery there is. one. i forget the 1st but we don't see the same in countries. oxfam says there's a disconnect between the i'm s research which discusses increased social unrest and more hunger because of the pandemic in the war. i'm the, i'm as actual policy prescriptions for the most needy nations, which demand the slashing of the social safety and the subsidies on cooking gas, increasing taxes on food and freezing public sector pe. she every time see al jazeera washington try can police so 5 live rounds to scatter. protest is killing one person, an injuring up to 20 others. it's the 1st death in weeks of demonstrations. they want the resignation of the president whose government is trying to negotiate a financial rescue. fernandez now from colombo. c and tearing its elis

and while some western leaders are seeking to expel russia from the i, m f, there is simply no mechanism to do so. the i m. s. articles of agreement do not mention expelling a country for waging war. a country can be expelled for falsifying data. who as was the case with then czechoslovakia, in 1954 for not informing the i. m. f of a change in the exchange rate. but invading a neighboring country is not grounds for expulsion. financial leaders from the u. s, canada and the u. k. boycotted the virtual meeting with russia's finance minister on wednesday. but at risk in this process of isolating russia is the entire global economic order. in particular, the future of the group of 20 nations, the g 20, which has play the dominant, rolled and rebuilding the world's economy since the recession in 2000. the date that organisation is unfortunately defunct now with russia being isolated from the global financial system and trying to trying to play both ways. so there is no global economic coordinating mechanism. and that means countries will try to retreat and protect their own finance as much as

the charities calling on the i m. f to stop increasing a hardship due to its insistence on conditioning loans to the developing world on implementing austerity policies. while it was rich nations to avoid cutting.