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tv   Counting the Cost  Al Jazeera  January 21, 2024 7:30am-8:01am AST

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to demonstrate as a letter of the honda confronting police officers and set that vehicles on fire full had been detained for suspected homicide. following the day for 27 year old man was gone down outside his grandmother's house and the mexican government has conducted a review of the official register of disappeared people. but with the transparency on the high, it was carried out the families of missing persons came. the records have been manipulated in an effort to lower the total number of zeros manual, dropping out less more now from mexico city. demonstrators outside of federal government building in mexico city. they are the families of missing persons, and they say they want answers over why dozens of case files have been erased from the official government census onforce disappearances. active. it showed us dozens of lead government documents appearing to show the names of missing persons that have been removed from the public record. can look at getting this off button. they want to make it seem as if there are no full disappearances in mexico,
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but that's not the case. everybody does. it says her husband roberto must be in went missing in 2010. she believes his name is among those that have been erased. she and many others believe mexican authorities of tampered with official records to make it appear as though hundreds, possibly thousands of missing persons have already been found there. what is this though? yeah, that's why i'm here demanding that the president tells us where all these people are that have supposedly been found. that was my husband's never returned for his part president and it is monday, lopez over at all. it has denied the accusations in the middle. have no i e, we have no intention, nor have we ever had the intent and everybody seeing any disappeared person, as we conducted as a revision in the general national search need to clarify precisely what we have in terms of disappeared this and get everything in order to complete you and is it easy? according to the mexican government's own records,
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there been more than 45000 cases of missing persons in mexico during the lopez over the other. what administration? with less than a year left before the end of president lopez over the term, critics say his administration is trying to manipulate government statistics ahead of the upcoming national election information regarding the methodology used to update the national registry on missing persons has not been made publicly available families of missing persons in mexico say it's a way for the government to make their loved ones disappear for a 2nd time. when was it happened? oh, houses here. mexico city. well that's it for me there in jordan for now you can find more information, of course on our website down to 0 dot com. there it is. consummate cost is coming up next. thank you again so much of the examining the impact of today's headline,
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this year of the destruction of your everything international filmmakers and world class john. unless you're saying that these laws actually encourage more violence, 7 has to know stories for a global audience. this is my, you house, this is the way what these are 15 so tired of the phrase us from our culture. open your eyes to an alternative view of the world today. on the how does era the other i'm, adrian said again this is counting the cost of i'll just say or you'll wait to look at the world of business or the comics. this rates pull them 100 days since the bought one because i started this humanitarian catastrophe is deepening from life is being choked out of the protestant in economy. also this week,
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as well as the bombing of the strip as seriously damaging the nation's economy, businesses and consumers of feeling the pinch plus labels as of trouble. and i come by china will taiwan, was you president the place pressure from beijing and try to bring prosperity back to be on the thousands of people killed or injured unprecedented destruction. a lack of food was the medicine and fuel and the basic foundations of a functioning economy wiped out. the humanitarian catastrophe and guns that is worsting by the day on the strip is on the verge of farming pots more than $100.00 days since israel lost its war. 8 deliveries to gaza are still limited or the occupied. westbank is bearing the brunt of his really cubs on the movement of workers and goods. just bear with me. the abraham begins our program from ramallah, the palestinians, and garza are struggling to survive. most of the population has been forced to fee
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their homes. they have nothing and basic necessities have become so scarce. the prices are beyond the reach of moves. never got found as good as a book, my son's trousers, a tune, and i can't afford to buy him new ones that cost 50 or 60 shekels, which i can't afford. as for food back a flat cost, 200 shekels have checked crop by the rules here. and goes a, has plunged district into a deep recession. the world bank says that by mid november, around 2 thirds of the population was out of work. most economy activity has grown to a whole. hospitals, communications and routes within half has been destroyed. within 70 percent of commercial infrastructure lines and ruins, the building is expected to coast tens of billions of dollars. it's all clear who was put the bill,
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but the palestinian presidency. has some suggestions. those over the they have to be forced to reboot does. so the americans are responsible, we hold america is the main responsible to find the right, the not as really does that. why the war has the states have dollars economy your part westbank is also struggling. is role is was holding tax revenues that the food through the palestinian authority, and it's for one thing called a senior workers from crossing over into israel. farms like this, rely on these really marcus restrictions imposed since the war began, are hurting business. but when the ones that we produce most of the west banks, products from the fat person codes that nobody seen, everything comes from this region. so when the crossing street the rail are closed, all of these goods go to the local market, which causes the process to drop on somebody's, we don't sell anything. for the,
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or the palestinian authority is the biggest employer in the, occupying the west bank. but with new tax revenues coming in, it's have to got salaries inflicting more damage on the economy that come with a one that's inside of israel's confiscation of palestinian tax for more than 3 months constitute almost 30 percent of the market movement. we had more than 200000 people working in israel, but after the war started, they were denied entry. all of those are important factors in the decline, the palestinian economy. as the world goes a drugs on the future looks beaker for palestine and, and to the war. we only mark the beginning of the battle to rebuild that. but he does ita for counting the cost the financial cost of the war on garza. well, clearly devastating has yet to be calculated, but on the is really side, the cost of waging war has risen to almost $60000000000.00 government spending a sewing in order to pay for bombs and bullets and businesses of struggling as
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hundreds of thousands of what. cuz they've been called a way to become soldiers. the revenue is a dropping out is really a hunkering down. now if the boy expands to the why to region the expense could bounce even further. stephanie decor reports from western wisc or is an only devastating. it's also expensive to warn. garza has shaken up these really governments finances requiring revised budgets and billions more dollars. israel's prime minister has said from day one that this will be a long fight, and it's costing us at this moment what is required. first of all, to cover the expenses of the war and to allow us to conduct the war in the coming year uncompleted, including eliminating from us retaining our hostages and restoring security in the north and the south so that residents can more time spending costs have been made to various ministries to allocate more money to the ministry doors. also having an
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effect on various key industries here. tech accounts for more than half of all the nations exports making it the largest engine of the economy. and that's taking the hit many army reserve, his work in the tech sector. 350000 have been called up. and that's the largest number. and israel's history. around a 120000 people have been displaced from their homes, both along the border with garza and in the north. along the border with lebanon. the government needs to pay for their housing. it's estimated 20 percent is really, workers are out of economic activities. tourism is flatlined. it's only a tiny slice of the economy. but many jobs and businesses rely on the sector construction practically ground to hold up to the wor, work permits of tens of thousands of palestinians from the occupied westbank were suspended. we are in a serious economic crisis. we're going to have to huge hole in expanding debt of the country. we risk israel losing. it's very good credit rating with the credit
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agencies. that is an enormous blow to me is run the economy. the bank of israel estimates at this war is going to cost the country around $58000000000.00 is the economy shrank of 2 percent and the last 3 months of 2023. and it's costing $269000000.00 a day for israel to run this war. and that's without taking into consideration a possible escalation. the full scale war with has bhalla and 11 on stephanie decker, ultra 0 west jerusalem for counting the cost. let's speak now to roger kelly, the in ramallah. he's the director general of the palestine economic policy research institute at from tennessee for joined by roby nathan, who is the general director of micro the center for political economics. welcome gentleman to you, but as much, let's stop with you. how would you describe life right now in gaza? well, life is hardly aware that we can use to describe the sort of daily, a existence that causes
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a people that are facing the economy. if we can talk still about an economy, is that a subsistence level um life is about finding food medicine and escaping a bombing. so i don't, you know, it's a life is, but i mean, we're here, we wanna talk about the economy, let's say, and the economy is, is, is pretty much reduced to 0 as already, you know, is there is to say 50 percent of its, of its, of its usual activity and that's mainly in the services areas that are, that are of public services that are still being provided. and some sellers, perhaps with basically the economy, the private economy is ground to a whole. and we turn to a different mode of production and consumption in economic activity for the moment . is that any estimation? so 5 of the costs in terms of loss, the comic output, unemployment, trade infrastructure, health, the education sectors. and so let's just briefly separates the production loss is
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from the infrastructure losses. and in terms of they decided because of the economy, it was less than $3000000000.00 a year. so it was already lost. the corner of the, from the last quarter of $23.00 and $1.00 can assume a more or less that this is an economy that will not produce a value added in any met and significant way for the rest of this year at the best and the best of center. so we're already talking there about $3.00 to $4000000000.00 and last output. this is not including the west bank which it purchased and also reduced to a major just says, but significantly, in terms of reconstruction, i mean is even if we can assume that the really best estimate is around a half a $1000000000.00 a month, can be provided over the next 6912 months, perhaps the reconstruction of the infrastructure, housing, the public service infrastructure and utilities is, you know, we're talking at least the 1st estimates for housing soc, is 15000000000. so i would, you know, we're talking a so far,
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but we're looking so far numbers that are going to, going to go above $20000000000.00 over a few years in terms of reconstruction and economic loss of a made a major blow to economic production. rubbish. israel's war is costing what some $270000000.00 a day and it's, and it's far from over. it would seem kind of israel continue to keep fighting. it's one guy, so uh and the 1st point uh, if i come to the extent of the bottom, i mean is a strong economy and the, it knows the face of the practice, the place. and i like it was a case also, is it corona also have the situation? we have to consider that the for example that, that surveys that and it's always 60 percent of the g d p which is the best that are on the work. even then before the war, according to the index of the economies, the throws that false the best, the economy in the world,
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in terms of the performance of macroeconomic perform on the pad, the. so for those under the find himself a payment at a surplus. so signed it and tax income and the time of the budget. so to say when we also are facing the costs of this war, i think that the for the time being israel can that i can afford to finance the cost of the war and, and the medium and, and to show the also in the medium term, the question is, of course a lot of that happen in the next a and the and then longer term. but on the other side, we have also to go through the other components that which are connected to the pulse of the war. and 1st of all, the sectors that are directly affected, like good stories and black on fractions like the culture and specific regions of the country that have been spar, realize like that, and on and bought the visual and the southern part of each row. but generally speaking, the economy is functioning as the industry functioning. di thank sector is functioning
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at the services and the also communication and, and financial services are functioning and lobbying sector rather than the the economy is showing some resilience, as you say, bear with the bunch of deficit expected to reach 70 percent. the nation's borrowing cost rising, its credit ratings a risk term the economy keep holding up. i mean, what do we, what do we told you? you mentioned the mediums that the long term, how long can as well keep this off? well, of course it cannot keep verification oper on the finish 3, but the in terms of the planning the, of the strategy of the government and the medium term, i think that these are all kind of holder hold the situation also from the comic biofuel recently a budget has been passed to,
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which is also quite the at considering the a significant caught send it, but it didn't know that the clock caught the air to cope with the, with a deputy said that and the and the short term and interest rates are the going down that sort of saying this is something that the can also ink cartridge economic activity and the short term the and the, as i said to, is broken comfortably increase it so that surveys on 60 percent to 70 percent results is damaging the international. uh cuz it really did look at as the perhaps fast. so this button, not that for this duration, but the for the next in the generation and the front bulk of the, of the higher dep. alright. rush it we've been talking about gaza so far. there's in this discussion, what's been the impact of all of this on the economy of the occupied westbank. actually, what we just heard about these early economy is in fact very good. that provides
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a good backdrop. you're talking about an economy which is like $150.00 times the size because the economy, it's these early economy and of course as, as was explained as a whole range of policy insurance. so the, on the other hand and the occupied must bank and particularly, but the opposed to here economy in general is a fragile open economy. it's, it feels the shots immediately. it has no shock absorbers of the, you know, in terms of institutional policy, measures or, or resources. so the, from the 1st day of the war, uh, not only as we watch garza be pounded into the dustbin, it's economy rendered. affectively moved, the westbank began to feel the various ways of israeli policy measures. the 1st, of course, was the restriction of workers about the suspension or cessation of post and in workers being allowed to access throughout the market. so that's already 150180000 workers. 20 something percent of the west bank labor force. bringing in
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a approximately $300000000.00 a month. close to $4000000003.00 and a half to $4000000000.00 a year, which is almost a 20 percent of a g, n i or, or 15 percent of national income. so that was the 1st shock and it continues not only to reverberate, but to deepen in terms of people have not yet been allowed to return. and we are assuming that we won't be going back to work in israel in any major way. and on the other hand, now you have a, a related, but some of the impressive crisis in, in the form of as was mentioned, you report the cut off of a clearance revenue. so, due to the b a for these last 3 months, i believe was close to over a 100 over $400000000.00 in trade taxes. that is real usually transfers to the p a. but in the 2nd, thousands of the war,
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it was an adding to its usual adoptions, new, unilaterally dr. deductions supposedly to, to talk about money reaching because it, anyhow. so the point is that that's another one of $39400.00 mil, $1000000.00, which we should have had pumped into the market. so there is a collaborative, this be gone and we'll move with joe, right? as we go gentlemen, that i'm afraid we must at least leave it. we're out of time. roger kennedy and roby license, and many thanks to you for being with us. the. the taiwan is a global semi conductor hub nations with an interest in the advanced chips have kept a close eye on the islands presidential election so much so in china, which claims taiwan has its own territory to be taken by force if necessary. opposition to type a reject. taiwan is new president is in favor of independence and his victory is being seen as a phone and badging side. but managing relations with china isn't the only challenge facing the new president, taste pledge to fix it,
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cannot make problems such as inequality, unemployment. i'll just there was tony check reports from taipei speaking to voters ahead of the elections. here in taiwan, there were 2 big issues, the full front of everyone's mind. the 1st was china angry rhetoric coming as of beijing and increasing tensions of the taiwan straits in recent years and comments from chinese presence. cheating. think the return of taiwan to china. it was inevitable. people were also really concerned about the domestic economy rising in place of the lack of opportunities for young people. well, the election is now resolved. whether it was the man of aging certainly doesn't want to see empower. so what's that going to mean for the economy? china is dealing with some unprecedented, you know, you cannot be situations, but they will try your best to keep everything under control. yeah. so you know that they acknowledge the existence of the problems and they will try to figure out
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some solutions for that to the taiwan has had an ice up at sleeve the island produces about 60 percent of the world's semi conductors vital computer chips essential the manufacturers around the world, i think somebody comes out or is this one factor contributing to, you know, the mutual willingness to cooperate. but this is not enough. if we only rely on semiconductor, i think tyler stone, president elect liking the ones that far as the mentioned specifically the semi conduct the industry in his victory speech. saying that taiwan most invest more, more generally people here a very it was they be right at the center of global attention for the last couple of weeks and now the election is result. think the hoping that the focus will move elsewhere. and they can get back to business. tony chang al jazeera, accounting, the costs in taipei, taiwan and china have complicated political relations,
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but the economically into twin paging has long been typeface largest trading partner. part time when he is investments into china plunged to the lowest level in more than 2 decades last year. as you can see here, they've dropped by almost 40 percent a year on year to more than $3000000000.00. investments in china picked at almost $14000000000.00 in 2010 time of these companies on our boosting investment in the us, europe. japan and other countries are joining us not from hong kong. is gary and who is the senior economist at not $66.00, a research fellow. so at the central european institute asian studies, a good to have you with this gary economic issues like unemployment in equality and housing affordability, affordability was we heard major concerns to vote as in this election, do you think the new president can deliver on all of those well into,
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if you look at the situation in taiwan right now, actually the economic growth will pop up. it'll be by slightly in the next 2 to 3 years because of the global stick inquiry. but, but the biggest issue she is not about how much the economy grow is because of, um, uh, basically how with the residents chemistry street with this uh, grove because um, we have heard of the structural par brenda's from and they quoted t o o o. as in car broke like a fairy fuss from uh, prizes, scope, etc. i'm in all of this or friends of basically something that has been rather long term, and voters are actually finding solutions out of the latest administration. so this is into that for a big challenge. that why would it you face? but the same time we cut off for kept up actually up to the people not have the majority in the legislative again any more. so this will probably make his life even harder. yeah, i was gonna ask you about how difficult it is gonna be for the new president to get anything done really. we will see more predict the code drum in taiwan legislative
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council to which basically means that we do expect that in some of the general policy like uh, uh, basically on this a participant contractor. um, the pre achieve must resistance. i refer for some of the audit every is this with more disagreement like energy or social issues. it's quite cost to get things move forward. so definitely it's quite light need that this sort of difficulty 9, the entire level will result in the slow up potential groups that you talked about about social issues. i read the, the med, the commentators argue that with the an aging population in the downturn in industrial production. anyway, taiwan should be completely reinventing its economic model. do you, do you agree? if 1st, ok. and he cannot make a structural taiwan. if you look at the past, let's say 2 to 3 decades as many very similar come to the different industry. so it's quite hard to see how i can deviate from that in
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a very short time. because even if we look at some of the new sectors, like on the feature intelligence, electric, e, cause and bacteria, some of the things to tell him can actually do better in the future that or electronics relates to for to that, that is something that i want should keep but on the other hand, where the tunneling should finding ways to diversify in developing uh like is financial industry pension or, or like a tourism industry and a great to wait. i totally agree because i'm, if you put too many extent when buster could usually when you have the what sorry, huge head winds coming down. there will be a cost to pay. so on. definitely, i think time on should find a way to diversify your util, gary about about tie ones uh, superiority if you like in the, in, in edit tronics manufacturing. the china is ramping up. it's semi conduct to industry and so they can knock this full of pillows of, of the time with these economy. and how much pressure is that going to put on taiwan. so if we look at how fast china is moving right now,
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i would say this is probably a great to for it than any of you know, treat tensions that taiwan me see from any type of reduction from china. because this is really, is something that missed structurally changing the, in the relative a competitive advantage between china and taiwan, which will eventually get a page. and that even big good a bargaining chip in terms of managing this car cross trade relationships. so for taiwan on the, because china just that china has been using a, a basic rest, i owe money subsidies into um, ship manufacturing, which already see uh, quite a bit of extra isn't or, uh, is do not comparable to the west or thailand, etc. but this is something that is part of the coming, and i wouldn't be surprised that in the future um uh, they will be over supply engine volt and chips which will hurt some of the time. and this trends and for the high end, it really depends on how this competition comes out. as for the political situation,
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gary paging has made it quite clear that this kind of that was not the one that it wanted to see when this election. how do you think bass is going to affect relation is ongoing relations, which already tends between type a and paging. and where does the us come in to us? well, just a quick be many uncertainty, but one thing with searching is that that will not be any constructive dialogue between that the p p and the chinese communist party in beijing simply be course of this is not the preferred candidate that they want. and of course, so if you look at the statement that if you shoot or by that to us, taiwan or to us or the government is probably slightly uh, like, not as intense as many people may have expected, which still shows that i think the status quo seems to be a more like the scenario that we see here. that's what a u. s. um, my oldest meetings with china right before the time of selection, etc. i do also share the same view with the no one really one to one into tell us
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treat right now. so of course, this competition will continue with the risk and training will continue, but probably it will also be a thought on the side of them. but to us, how far are the 2 countries will go in terms of this, joe political uh, contested with that this will lead to ultimate. i'm going to treat conflict. ran a good story to gary manufacturing dates of being with us on counting the cost. and that's a show for this week. if you want to comment on anything that you've seen, you can get in touch with us via x. i'm at a sitting on a x. please try to remember to use the hash tag h a c t c. we need to wave the trucks a line counting the cost of i'll just 0 don't that is our email address. as always, let's try people for you on line. i'll just do a dot com forward slash c t c. that takes you straight to a page of day, you'll find individual reports, links even into episodes. these accounts. but that is it from this edition of counting the cost. i'm a 3 instead of going for the whole team here and so on. thanks for being with us.
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the news of the houses here is text the as a, as well as a whole on guys a continues, we bring you the late we are on the rounding dollars a covering. the ongoing is raising apartments and the suffering. the people told us that we lost displacements and block of resources and from public height is how data raised and restrictions prevent freedom replacements of rights to worship from tennessee will continue our coverage of his route, will cabinet decisions the campuses, and all the political development part westbank, we see new reporting on the line at this rate he raised with feelings of loss, dissension, and destruction. stay with us for the updates and detail coverage of the wrong
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cause of the ron's owls were totally ation after that uses as well as getting 5 senior members of its elite force in syria. the hello i'm dire in jordan, this is out. is there a life and also coming up this i can actually don't guys a carrier that you use, you use the risk of the spitting go over it. so the rest of the agent jordan's foreign minister tells down to 0 about the danger is rails will and guns opposes to the wind. i'm at least.

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