as markets open. ah, i'm serious venue. it's great to have you with us. this is al jazeera alive from dough. also in the program, president putin welcomes what he calls chinese constructive role in trying to end the ukraine war ahead of shipping things, visit the moscow a stark warning about global warming and its consequences. major un climate reports is due in the coming hours. i'm bob nathan and losses down west in delaware shop on an onion prices has led to a huge prices. farm was blame this on climate change and government policy. ah, so the source government has persuaded u. b. s. bank to buy it's struggling rival kitty stories for just over $3000000000.00. this is the late attempt to stem market turmoil that began a week ago with the collapse of silicon valley bank in the us. the swiss national bank says it will ensure that both banks have access to enough cash to make this work. soon after the swiss announcement, the u. s. federal reserve, the european central bank and other major central banks are assured there would be enough liquidity in the markets. the bankruptcy of a global systematically important bank would have crossed irreparable economic term, oil in switzerland and throughout the world. for this reason, switzerland had to take the responsibilities beyond its own borders. these efforts have paid off the federal councillors convinced that u. b. s. takeover of credit suisse has laid the foundations for greater stability, both in switzerland and internationally. a poor brennan has been following developments from london. it's been a really tumultuous and frantic few days in the international banking sector. pretty much, ever since weapons day when credit suisse was extended, a $54000000000.00 credit line, which it was hoped would keep the bank going. in fact, it failed in that attempt. and last week, credit suisse were seeing deposits taken out of its coffers. the rates of some 10000000000 swiss francs every single day, a real crisis of confidence in the stability of that bank. now the news conference that's taking place on sunday evening has outlined the problems and the options on frankly, they said the takeover by u. b. s. was inevitable and unavoidable. and the idea that this was a bank that was too big to fail has come up again. and again, in the news conference, there was a whole raft of senior executives in that use conference and some of the quotes from it were as follows. the finance minister saying that the top priority was to protect the financial sector and also switzerland's reputation for international banking. the president said that they believe that they come up with a very strong solution to a complex situation. and the u. b. s. chairman, who is the person who is going to be helping the new entity coming out with some very strong, very reassuring quotes. saying that this was an integration as opposed to take care of in almost opportunities. he spoke of the u. b. s. will remain rock solid. now, the importance of that is to try and reassure investors. accordingly, a mayor is an economist, they say in the swiss capital, she says the deal is the best possible scenario. well, i think it was the absolutely necessary and it was the best of, of very few solutions that i deal solution but hence, but it's the least best solution. um, you know, the other solutions would, would have been to let the bank grow boss which have a huge ramifications both in the global financial system and in this, with the economy as a whole lot of the financial sector and or to say, or to nationalize the bank, so this was the most elegant and the least solution. what i hope it will stem that at least the, the confidence in the few b, s. and the flip system. but you know what we're seeing on the, on the other side of the atlantic in the us this, there is quite, quite a bit of rumblings, but did disciplined him made sure. because if you look at the u. k, the sweet that'll go up with the lies on pill. so many of the pulses went out and they will also, they also have no liquidity issues. you look at the, at the banks in the us will have issues. they have issues because of liquidity concerns because of capitalization. and because especially with s b b because the report, the wrong and uprising interest rate, that was not the case with credit suisse. russian president vladimir putin welcomes that he calls china's quote, constructive role in trying to end the war in ukraine. chinese president choosing paying heads to rush on monday for a 2 day visit. and she has call his country's friendship with russia an all encompassing partnership. katrina, you reports from vision. she didn't ping has visited russia any time since becoming chinese president. his most recent trip was in june 2019 during an economic forum. c will travel there again this week in what's expected to be a major show of chinese support for moscow as it continues its invasion of ukraine . crucial with china and russia working together the world where half of the driving force toward multiple rarity and a greater democracy in international relations and a global strategic balance. and a stability will be better ensured the visit comes as china seeks to expand its role as a global leader and mediator. earlier this month, it broke it a deal to and 7 years of strain relations between saudi arabia and iran. some analysts believe it can do the same for russia and ukraine. in february, chinese officials released a peace plan calling for a cease fire and dialogue between both sides. this days, after several months, both parties are exhausted. and yet, the white shoe has the hoary shoes. aren't you trying to get off? and do i look into it? but other, say, baiting is reluctant and unable to play this role due to the west, extensive backing of kids. it is great power geopolitics going on there. it's very difficult to, to play a mediating role in that context. and i know the stakes are very high. ah, russia and ukraine do not want to negotiate at the moment. so there is very little china can play with baiting relies on economic trade with europe and says it's impartial in the war. but its claims of neutrality has been questioned. last year, she declared a no limits partnership with moscow. expanding trade between the 2 countries has become an economic lifeline for the sanction country she and put in are also good friends and have met 40 times including on hooton's birthday the united states as china is considering providing military support to russia, which b ging denies. she is reportedly planning to speak to load him, is a lensky following his moscow visit. it would be, she's 1st conversation with ukrainian president since hostilities broke out care. the says it's cautiously receptive to beijing's involvement, but a withdrawal of russian forces from any occupied territory must be included in any piece deal. katrina you out a 0 they doing. after years of hostility, officials into iran say president, the bravery sea has welcomed an invitation by king salmon to saudi arabia. the original rivals of also announced plans for their foreign ministers to meet. earlier this month, the countries reached an agreement to reopen embassies after a 7 year rift. alhashan has more from tara relations between iran and saudi arabia are moving fast. and they to the really impressed them to reveal on sunday that king said, man of saudi arabia extended an invitation to. but i am lazy to visit 3 on the arrangement president according to what had met jim sheet. he welcomed invitation and stressed. his country's readiness towards the thighs. now on sunday, also here in foreign minister for saint emmy at abdulla he and thought kobe shoe off hearing and saudi relations in his dresser. and he said that both countries are currently studying the new settings and how both foreign ministers could meet mother or missouri arabic regarding the issue of saudi arabia in the near future. i'll meet the foreign minister of saudi arabia. so far, we have agreed on deploying technical delegations from both countries to visit embassies and consulates and organized practical steps to reopen embassies. over the last 10 days, messages have been exchanged between the 2 countries through the swiss embassy. we announced we are ready to hold the meeting. and in the last message, st. from us, we suggest 3 places for the meeting over quantum b. i'm here, i will i and said that technical teams from both countries are visiting the capitals in order to make sure that the embassies are ready to receive the new diplomats. he also said that relations with bahrain o, witnessing, can you turn the full title format leading invitation to the wife, ties you also welcome the promotion of relations with jordan to the level of ambassadors and the dialogue taking place with egypt or the asher majesty at all that on palestinians have been protesting in hebron and gaza against talks between israeli and palestinian officials in egypt. hamas which governs the gaza strip was criticized the palestinian authority in the west bank for attending the meeting. the talks are a bid to contain rising violence in the occupied west bank. israelis and palestinians agreed to try and diffuse tensions, and continued direct talks or ami corey is director of global in gauge meant that the american university of bay route is what he believes will come out of this is really palestinian. somebody what is good? i think in the communicate, it does talk about practical things that the palestinians really need, which is finances and stopping a hold to temporarily hoping settlement some unilateral actions. but these role is i've promised those before never really delivered. so hard to say this is good or this is bad. i think it's, it's good in principle, but you really have to wait to see what comes out of it. the palestinians are suffering daily under occupation. expropriation of land, new settlements, rampages by settlers, curfews killings, all the jailing these things have. and this is what people are going to look at. if you do get a sensation of this is really criminal actions. and then there will probably be a period of quiet in which these is postings are not killing each other, but you still have the occupation and the occupation is not mentioned in this. and this x except for this. but it is intriguing, fresh, talking about a political horizon. no political horizon can mean anything you want it to me, but a diplomatic speak. it means moving to a political negotiation to resolve the underlying political issues, which are the occupational by israel. and conversely, the palestinians, recognizing israel, the palestinians of already told israel many times, they recognize it. so we'll see, we have when seen as those talks were taking place in israeli man was wounded in an attack in the occupied west bank at palestinian gunmen opened fire on an israeli couple in their car. this in the town of horror were a similar shooting. took place last last month that was followed by his really settlers burning palestine homes and businesses. u. s. president joe biden has spoken to his really prime minister benjamin netanyahu to express his concern about planned overhauls to the countries judicial system. mass protests against the changes have been ongoing for the past 11 weeks. as the bill makes its way through legislature. the proposals would increase the power of politicians, of the courts. critic say that threatens democracy. syrian president bashar al assad has met immorality, leaders in upper darby on his 2nd trip to the gulf since last month's earthquakes is 2nd trip to the u. e. in 2 years comes after a visit to a man. last month. 2 visits are his only official engagements. in arab countries since the start of assyrian war in 2011. the u. e. normalize relations with syria back in 2018 sedans, military leaders, and pro democracy groups say they have agreed to begin establishing a new civilian lead, transitional government. both sides say they will sign onto the changes on april 1st and introduce a new constitution immediately after sedan has struggled to maintain political stability since protests removed, omar bashir as government in 2019 the military has ruled since of cool in 2021 progress on a deal to return to civilian rule has been slow. in spite of promises. still ahead on al jazeera security has ramped up across nigeria. has the country tallies results of state governors elections? ah, ah. hello. there will start your north america forecast with the satellite image showing those storms pulling in to california. this is the latest parade of wet and windy and wintry weather. working its way into the u. s. a west coast. dropping some heavy snow on the mountains. the sierra nevada's and of course the rockies and moving temperatures southward, we got another batch of that is going to work its way in on tuesday bringing some very what weather to the likes of los angeles temperatures here continuing to head south, but they will be recovering across the mid west and the deep south, as warmer weather starts to waft its way north. we could also, however, see some severe storms from those air mass collisions running across kansas and misery. but a launch the present picture across that east coast. just some rain edging into likes of florida, but the rain bus are going to be more dramatic across the bahamas. that's thanks is let legacy of showers stretching across cuba, jamaica. we could see some thunderstorms here, wet weather, as well pulling into believes as well as endorse and nicaragua for the south of this for costa rica as well as the panama, if you showers here, and that much dryer and warm, however, across northern parts of mexico, monterey thing is sunny, $23.00 degrees celsius. ah, actually 2 actors at different stages of their life. share the highs and lows of following dreams of fame and fortune. i'm going to commit a whitaker got my best to go mother. endlessly seeking to filth and ambitions. with all that i value the osborne was struggling with family expectations. bollywood dreams on our jazeera lou. ah, they're watching al jazeera, a reminder of our headlines. swiss banking giant u. b. s. is buying troubled rival cody stories for just over $3000000000.00. an estate back deal, it's hope the deal will shore up confidence in the global banking system after the collapse of to us lenders. chinese president shooting being is said to travel to moscow on monday for a 2 day visit. russia's president vladimir putin has welcomed what he calls china's constructive role and trying to end the ukraine war. after years of hostility, officials into iran say president abraham racy has welcomed an invitation by saudi king salman to visit re add. earlier this month, the countries reached an agreement broken by china to reopen embassies. a warning on the need to tackle the climate crisis is said to be released by the united nations. on monday, the u. n. report is said to be a textbook for addressing climate change. our environment editor and nick clark explains, it seems almost every day we are reporting on the growing tragedy and unpredictability of climate change. this is mila away. hundreds dead. hundreds of thousands displaced. the cause. a record breaking cycling on the other side of the world in argentina. endless brutal heat compounding a drought with farmers facing losses of $14000000000.00 in every country on every continent. the climate emergency is takia grip and it's not as if there haven't been mornings. listen to the former nasa climate scientists. james hanson addressing a u. s. senate committee way back in 1988. altogether. this evidence represents a very strong case in my opinion, that the greenhouse effect has been detected and it is changing our climate. now, of course, we now know that hanson's words didn't change anything for the batter. 3 decades later, the warnings was still coming. the climate crisis is a cold ransford humanity. and these assembly and the government set on the world's face a moment of truth. well, it's been 2 years since antonio tear has said that and fossil fuel emissions continue to rise along with the colossal profits for the oil giant and global temperatures. yep. they're going up to. meanwhile, the extraordinary weather keeps rolling in light, snow storms and record heat waves symbol tenuously in the united states in february . so this latest reports will now become the fundamental policy document for shaping climate action. it is the distillation of years of work by hundreds of top scientists. whether or not wild lead is will act on it. that is another question. heavy rain is causing landslides across peru, putting thousands of lives at risk. the collapse of hillsides is not uncommon during a rainy season, but a cyclone and now warm sea waters are making matters worse. marianna sanchez has more on this from lima. oh, soul areas from north to central piddle, or in state of emergency. dozens of lance lights have buried. holes plots have washed away villages. thousands of people have been left homeless. it is the rainy season here, but the dilute is heavier than usual climate experts say the ocean's temperature in the north coast is at least one degree warmer. they blame that on a phenomena called the nino, and it could spell more rain and much lights. see how we get some of the damage there when we are totally vulnerable. any excessive rain continued activating landslides, and we still have a month and a half left. anything can happen, the a brisk, are nearly 3000000 peruvians who live in ravines and river banks in commerce district that to young river has washed away many homes. frightened residents are living outdoors earlier than this says the government has abandoned them. is by the only way, where am i going to go? we live in precarious homes. we want retaining walls. we made decent living conditions in 2017, a coastal, in your cost, more than $3000000000.00 in damages. this community was one of those washed away. madeline have been yes, as they were built in the same spot because they didn't have another option. we don't have money for a better home. that's why we've taken the risk of living here. we don't want to, we have to experts say climate change is making these disasters more frequent. there are millions of peruvians. we live in barely habitable areas. they build their homes without permits, but authorities have done nothing to stop them. so others follow suit. nearly 10 percent of peter's population are at risk. many complained the government doesn't have a plan for them popular, so the state doesn't have a social housing policy. the state implicity says, yes, i do not give you housing, but you can occupy the public land. you want from time to time, i will give you water and other services. the government is focused in tackling the emergency. experts say river drainage and channeling systems must be built along the coast. but people like alias, hey, they need urgent solutions. for now, his community will have to hope they won't become the next victims the extreme weather. again a sanchez, i just need any more. security is tight across nigeria with both counting underway . after saturdays elections for 28 state governors and hundreds of regional lawmakers. one result, we already know the legacy state governor comfortably reelected for the ruling party after what was expected to be a tight race from cono in northern nigeria. ahmed address reports i sure force by nigerian security forces. this is a psychological move to preempt any violence following the elections across many of those states. tensioners hi, i had of results being announced, especially in those states that have been keenly contested fuel cases that will come up rosewood in the confidence building park club which on the edges. why are part of and i let, has given do the desired quoted and the people that threat would not be used 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