ation is standing out of them deriving strength from the power of the past. this is how new histories create, uses the temples been built on the ruins of a historic 16th century most and has remained a major flash point between muslims and hindus the modem. so to use in these governing b, j. p. date of crucial role events leading up to the most destruction by hid do bite wing activists in 1992. which in these belief is the 1st place of little drum at least 2 sizes in most seamless and people were killed in the funding for a non decade slate. to critics say the temples. integration is another sewing secular. india is becoming a strictly in do nation. what we have seen is that pretty much the overboard view, which in the indian context as i can do is i ism, indeed certainly context. we are seeing a nation designed primarily for him, goals with everybody else and the security. there must be

a deep and religions are going to get to to 2nd plus the $200000000.00 project in the northern states to per dash was no great too much fun, fast and high profile gas but separately, but position politicians boy equals the ceremony. they accuse point minister moody of using the event for political gain ahead of elections in a few months. so many induced, the tempo has fulfilled. an important part of that, thank you to know that you belong to them. been committed, a decent progression is not required for the election and demand, but it was important to be no great this because load rom had been leaving an attempt on what, give me one example where you are in a space and yet you're leaving an attempt to load around with living and attend class by these fellows with pain by this means that the data is still in attend tomatti and should be installed in this space as soon as possible because i get one for this time limit. i want to come back to you. well,

millions of him do celebrate many museums across india. we're worried about it and nobody really about our into brothers in the it's a good day. but what about us? those of us who had ruined, of course, will be in pain. on that day a father was killed and the most was the money as to why the prime minister moody has not directly addressed the religious tension. but many fig india status is a multi face. democracy is slowly being righted image and came out to 0 person's fruits and vegetables. tom is a holding on unusual protest of houses of parliament in london. they've installed $49.00 scarecrows to show what they say is unfair. treatment by the countries 6th largest supermarket chains. the farm is on the government to support tougher supply chain codes of practice, according on supermarkets to adhere to fed purchasing agreements. when it is continues here. now, after counting the cost, the

hard hitting interviews as a un ambassador position given to you by or does have both, you've described that is better than is better than any thought provoking answers my question to you. all the good coops i think is the most difficult press than our part to answer facing realities. usb, toe. in the security council, this is a major stumbling block, is a problem to access it. you hear the story on talk to how does era the other i'm adrian said, again, this is counting the cost on al jazeera. you'll wait to look at the world of business and economics. this reach more than 100 days since the war on garza

started. the humanitarian catastrophe is deepening from life is being choked out of the protestant in economy. also, this rate is whales pulling up the strip of seriously damaging the nation's economy . businesses and consumers of feeling the pinch, plus, labeled as a trouble, and i come by china will taiwan was you president place pressure from paging. and chevy bring prosperity back to the 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 famine box more than $100.00 days since israel lost its war 8 deliveries to gaza. a still limited or the occupied westbank is bearing the brunt of his really cubs on the movement of

workers and goods. i'm just bear with me. the abraham begins our program from ramallah, the hello cindy ends in gauze, are struggling to survive. most of the population has been forced to fee their homes. they have nothing. and basic necessities have become so scarce. that prices are beyond the reach of moves, and 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 shackles, which i can't afford. as for food, a pack of fly costs, the 200 shekels have tried 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 economies activity has grown to a whole. hospitals, communications and roads 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, but the palestinian presidency. has some suggestions. those over the they have to, to be forced to reboot, does. so the americans are responsible. we hold america is the main sponsible to find the right. the not as to the bill does that why the war has the states of dollars economy the occupied us? bank is also struggling. is role is was holding tax revenues that the food through the palestinian authority and its refunds, and call us senior workers from crossing over into israel. farms like this, rely on these really marcus restrictions and post since the war began are hurting business. but when the equipment that we produce, most of the west banks, products from the fat person codes that nobody seen,

everything comes from this region. that's when the crossing street rail are closed . all these goods go to the local market, which causes the process to drop on somebody's we don't sell anything for the to the palestinian authority is the biggest employer in the occupied the west bank. but with new tax revenues coming in, it's have to got salaries inflicting more damage on the economy. that's the one that's inside the 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, the drugs on the future looks better 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 gaza while

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 hundreds of thousands of what. cuz they've been quoted way to become soldiers. the revenue is a dropping out is really is a hunkering down. now if the boy expands to the why to region the expense could bounce even further. the stephanie decker reports from west jerusalem for isn't only devastating. it's also expensive to warn goals that have 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, come us were attending our hostages and restoring security in the north and the

south to the residents. and our time spending costs have been made to various ministries to allocate more money to the ministry doors. also having an 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, this work and the tech sector. 350000 have been pulled 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 11 on 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 off 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

a huge hole in expanding debt of the country. we risk israel losing. it's very good credit rating with the credit agencies. that is an enormous blow to me is really economy. the bank of israel estimates at this war is going to cost the country around $58000000000.00. it's economy, frank, 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 and from tennessee for joined by roby nathan, who is the general director of micro the center for political economics. welcome gentleman to you, but it's roger. let's stop with you. how would you describe life right now in

gossip? well, life is, is hardly aware that we can use to describe the sort of daily, a existence that causes 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 is 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 is 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 salaries, perhaps with basically the economy. the private economy is ground to the 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 separate the production losses 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 a quarter of back in the last quarter of 23. and one can assume a more or less that this is an economy that will not produce value added in any meant a significant way for the rest of this year at the best and the best of the 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 to says, but significantly in terms of reconstruction. i mean, even if we can see that the really, that's estimated 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, 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. sort of a made a major blow to economic production. rubbish. israel's war is costing what some $270000000.00 a day and it's not, it's far from over. it would seem can israel continue to keep fighting? it's one gossip. 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

before the war, according to the index of the economies each rows bit false, the best, the economy in the world, in terms of the performance of macroeconomic perform on the pad to sort of send a bunch of stuff, a payment as a separate, so sunday, 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 cannot afford to finance the cost of the war and, and the medium and, and to show the alternative medium term. the question is, of course, what will happen in the next a and the and then longer term. but on the other side, we have also to going through the other components which are connected to the pulse of the war. and 1st of all, the sectors that are directly affected, like good stories in black construction like the culture and specific regions of

the country that have been spar allies like that and on about 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 at the services and the also communication. and then financial services are functioning and lobbying sector rather than the since the economy is showing some resilience. as you say, bear with the bunch of deficits expected to reach 70 percent. the nation's borrowing cost rising, its credit ratings a risk time the economy keep holding up. i mean, what are we, what are we told you? you mentioned the mediums at the long term. how long can as well keep this up? well, of course it cannot keep verification oper. i'm definitely, 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 bundle. feel recently a budget has been passed to, 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 wizard. that he said the end, the end, the short term and interest rates are the going down. and so to saying this is something that the can also ink cartridge economic activity and a short term the and the, as i said to, is broken comfortably increase it. so that service on 60 percent to 70 percent results and damaging the international cause. they really did look at as the perhaps fast. so this button, not that for this, the ration but the for the next in the generation and the frame bulk of the, of the higher that all right 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 really calling them is, in fact very good. that provides a good backdrop. you're talking about an economy which is like $150.00 times the size of because the economy. so these are all 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 in particular, but the opposed to here economy in general, is a fragile open economy. it's, it's, feels the shots immediately, it has no shock absorbers of the, you know, in terms of institutional policy measures or, or resources. so from the 1st day of the war, uh, not only as we watch gaza be pounded into the dustbin it's economy rendered effectively a moved, the west bank began to feel the various ways of as rarely policy measures. the 1st of course, was the restriction of workers about the suspension or cessation of boasting and

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 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 in. and we're 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, of clearance revenue. so, due to the p, a for these last 3 months, i believe was close to over

a 100 over $400000000.00 in trade taxes. the israel usually transfers to the p a. but in the 2nd sense of the war, it was an adding to its usual adoptions, new, unilaterally dr. deductions supposedly to talk about money reaching because it anyhow. so the point is that that's another one of $39.00 mil, $1000000.00, which we should have had pumped into the market. so there is a collab, it'll just be gone and we'll, we'll chat. all right. as we go gentlemen, that i'm afraid we must, that may just leave it. we're out of time. roger kennedy and roby. nathan, somebody, thanks indeed for being with us. the. the taiwan is a global sunday conduct the 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, cannot make problems such as inequality, unemployment. i'll just there was tiny chant 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 thing. 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 some solutions for that to the taiwan has had an ice up, it's leave the island produces about 60 percent of the world's semi conductors vital computer chips essential the manufacturers around the world, i think somebody from dr. is, is one factor contributing to, you know, the mutual willingness to cooperate. but this is not enough. if we only rely on semiconductor, i think thomas, don't president elect liking the ones that far as the mentioned specifically the send me conduct the industry in his victory speech saying that i want most invest more more generally people here a very it was they be right at the center of global attention the last couple of weeks and now the election is result. 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, but the economically intertwined paging has long been typeface largest trading partner. part time, when these investments into china plunged to the lowest level in moving to decades last year. as you can see here, they've dropped by almost 40 percent to get on year to more than $3000000000.00. investments in china picked at almost $14000000000.00 in 2010 time in these companies on our boosting investment in the us, europe, japan and other countries of joining us not from hong kong, is gary and who is the senior economist at not 66, a research fellow, so at the central european institute of asian studies, i could tell you with this gary economic issues like unemployment 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, oh, 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 secretary. 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, straight with this uh, growth because um we have heard of structural par brenda's from a quite a t o o. as in paul brown, like a ferry fuss from uh, prizes, scope, etc. i'm in all of this or problems of basically something that has been rather long term and voters are actually finding solutions out of the latest administration. so this is into the for a big challenge that why would it you face? but the same time we cut off for kept the 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 going to be for the new president to get anything done. really. we will see more predict the code drum in taiwan legislative 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, we treat, you 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 might need that this sort of difficulty and i, my entire level would result in the slow, a potential groups that you talked about about social issues. i read that the men, the commentators argue that with an aging population in the downturn in industrial production anyway, taiwan should be completely reinventing its economic model. do, do you agree? if you 1st look at the comic or structure of taiwan, if you look at the past,

let's say 2 to 3 decades as many very similar conduct the different industry. so it was quite hard to see how i can deviate from that in a very short time. because even if we look at some of the new sectors like on to fit your intelligence, electric b coolers and bacteria, some of the things to tell them to kind of actually do it better in the future. that electronics relates to the for to that, that is something that i want should keep. but on the other hand, where the time i want you to find ways to diversify in developing uh like um, is financial industry pension or, or like a tourism industry and a great to way. i totally agree because if you put too many x in one bus 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 util. camry about about tie ones, uh, superiority if you like in the, in, in of antic tronics manufacturing. the china is ramping up. it's semi conduct to

industry and so they conduct us 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, i would say this is probably a great to for it than any, uh, you know, a treat tensions that taiwan me see from any type of reduction from china. because this, this really is something that miss structurally changing the, in the relative a competitive advantage between china and taiwan, which will eventually gift of aging that even big good, a bargaining chip in terms of managing this called cross trade relationships. so for taiwan, i'm 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 a picture isn't there. uh, it's still 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, gary paging has made it quite clear that this candidate was not the one that they 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, does the many uncertainty, but one thing we're searching is that they will not be any constructive dialogue between the d 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 you should or by that to us, taiwan, or to us or the government, it 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 likely scenario that we see here as to what a u. s. um,

with august 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 straight 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 the thing. but to us, how far are the 2 countries will go in terms of this joe political uh, contesting with 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 the 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 to email for you on line, which is 0 dot com, forward slash c t c. that takes you straight to a page of the day. you'll find individual reports links even into episode space

capsule. 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. the news on the houses here is text the the latest news as it breaks the word one over a 100 states has left many feeling like you will never end with in depth reports. many saying that is no victory until all the campuses about the price, even if that means an immediate and from the heart of the story, palestinians here say destruction caused by is really forces is a form of collective punishment. and the israel is attempting to turn them against the resistance and on the federal tax upfront takes on the big issue. that is a context to what is happening now. it to the question of 5

unflinching questions, rigorous the bank that he added to 2 days that the another i couldn't think is taking place. augusta. nothing goes into garza without us of permission. nothing leads cause that without result, permission allow me to push back for a moment, demanding a ceasefire, demanding an end to the root causes of all of this violence upfront, without the seeing for their lives, dozens of palestinian. subbing until the past 24 hours and con. units, as these were all expends its ground, defensive, the ontario johnston. this is all just here, a life from so whole set coming up, hundreds of thousands and living with a threat to salvation in concept. as food supplies including solid and rise,

i'm running out reports on these roads proposing a 2 month.