this is paradise experience, but the idyllic archipelago of fiji is also on the front line of global rising water levels and unforgiving stalls have triggered some of the world's 1st government lines relocation as a result of climate change. people empower us, want fiji, the last resort on a jersey to the zillow. and so robin, this is counting the cost on al jazeera. you know, we can look at the world of business on the can nomics this week. a rule revolts, farm is around the world amount to in protest space, economic and climate policies. so why is it proving so difficult to boot, stuttering comes also this week. the following sector is one of the main drives of

economic growth in mexico. we speak to the nation, secretary of agriculture and rule developments, plus prizes, the easing in many parts of the well. so is the fight against inflation. turning the corner and we'll central pines come to interest rates soon. the bulk of the came in convoys of tract is loaded with fruits and vegetables. thousands of farm is around the world, the field and took to the streets in recent weeks, from italy to india. that grievances that'd be by country. but there's one common concern pharmacy. they called make ends meet, they blaming red tape, climate change policies, cheap impulse of high cost, and that putting pressure on their respective governments to improve then likelihoods. actually i'm a bit tripled. the farmers across europe are protesting, demanding better prices for their prod, use,

and restrictions on cheaper imported goods. the little bit of middle get, the 1st thing the government has to do is eliminate the bureaucracy, give us facilities and control form products. so they have the same health conditions as those from here, you may not be. the unrest began in germany after cuts to agree cultural diesels, subsidies impacting the sector and point under a 1000000 people. similar to demonstrations in spain, poland, and france. coal for improved living conditions and protection against unfair competition. despite the allocation of up to $240000000000.00 for supporting farmers. many say existing regulations don't benefit of course. they also criticize the ease environmental regulations and the blocks common agricultural policy or cap or favor inc. large corporations can get that in one of

the c a p that we have now has so many bureaucratic steps that we cannot manage to comply. we need an agricultural policy, the truly adapts to the fall of his needs and allows for profitability. protests extend beyond europe with farmers in india, the u. s. and brazil expressing grievances over issues like that. price volatility and climate change impact hello did. if the government fulfills or demands, we will go home, we have no intention of living here on the road. we've been living, eating, and sleeping on the road. you know that it's not easy to get out of our homes, especially for women. lawmakers have attempted to address farmers concerns by offering concessions, but they have been deep, insufficient many se, financial aid alone and complex regulations. they have to address the deeper challenges faced by farmers access. i'm gonna reach out to 0 for account to the cost spell. joining us some type of agent in denmark is allan matthews. he's

a professor of european agricultural policy in the department of economic at trinity college in dublin. mr. matthews, welcome to counting the cost. i mean, fob is across the europe have historically been unhappy with the legislation, the impacts on their ability to produce enough for them to make a decent living. why is the same with discontent across certainly the european continent right now. as your report highlighted, and very often the spark of these products in different countries is quite different. but there is this common theme of dissatisfaction with low prices and low incomes. and to some extent, that's not a new issue. i think one of the added perhaps to the process on this occasion is this growing sense of insecurity and vulnerability because of the, at the very, very but weather conditions we've also experienced in europe. so at this great feeling of insecurity when the harvest at the end of the season or not,

i think that is also driving some of the fears behind the farmer protest wasn't until about climate change. and maybe we can just talk about the politics of it to start with because for example, um the u. k. election is pending in 2024 as all your elections in june. i like to issue a solve a seems to be getting back to organized in making that protest loud and visible. how important are they in terms of organizing? and i'll think getting quite savvy about is i think you're right. and to highlight the fact that the seats and the election year, and in many a obviously if you are being a part of mountain in the number of the individual you are being companies, but also in other countries in india, for example, later this year. so clearly if you have a grievance at now is the time to raise your voice because you have the opportunity to influence the composition of the incoming at parliament and, and, and potentially government. so i do think the,

the fact that there are elections is an issue behind the, at the convergence of protests in many different countries. do you think it also comes to look at that? think that because without fathers, you and i and billions of others around the world don't eat it is of a trust deficit right now between fathers and legislates is what i, i think the products instead of demonstrate that both it's, it's hard to sometimes see the russian dollar for the protests, if you actually look at the figures. and for example, in europe at the last 2 to 3 years and have actually been years of record higher incomes for farmers despite. and the impact of the russian invasion in ukraine and high energy prices, high fertilizer prices actually produce surprises, increased even more. now that's not to say that the farmers looking at head are not facing into a period of the following prices and an entire cost. but just at this point in time,

actually incomes, at least in europe, have been quite bland. and so you then look at some of the other issues that have been raised to the environment to uh, conditions that are sometimes attached to payments and the increased regulation. the rising from you know, the very serious environmental challenges which we become increasingly aware of in europe. so it's not just income and these as you at highlighted in your report, also at to do with the regulatory environment in which farmers must operate some government. so saying that they all making concessions to make the livelihoods of farmers more amenable. yet there are policies that are put in place and constantly blamed by farmers who then adopt. it feels like both sides are moving their own set of goal posts, but those goal posts on to aligned. why don't we have seen and in response student

protests, a is some role in the back of some of the environmental conditions which is eastern europe has have recently been introduced. we just had a reform of that coming. that regards to the policy that you mentioned in your report and, and that is just being ad and introduced in fact ad that earlier last year. so we're, we're now in the 2nd year of this reform period, but already a number of the in the, the innovations, a number of the changes in the farmers were asked to adopt. i have been, have been rolled back as, as, as a response to the protest and some of the regulatory initiatives which um and your team commission had proposed to add to address. for example, at the use of pesticides, a in agriculture added to set aside an increased area of land for or nature to ensure that we restore some of the by diversity which we are losing. and

that these, these badges have also be neither withdrawn or, or water down. so there are indeed, has been a response. on the regulatory side, i would say that in europe a particular problem is that and the combination comes with the policy is funded from the european budget. and do your vin budget is very at restricted in its ability to, to increase those transfers. the budget is set on a relatively don't at period for 7 years and it's, it's actually brother, inflexible. so the possibility to address some of the farmers concerns and by, you know, increasing the transfers which are already quite significant, of course, is very limited at the present time. so this is why i think we see the, the focus being push on a rolling back some of these environmental regulations in an attempt to show that the governments are aware of the, the concerns that are being express. matthews from tennessee college in dublin.

joining us in copenhagen, thanks so much for your time, sir. a site from other colors known as green gold in mexico to coffee. the latin american nation is amongst the wills leading, produces and takes photos of food products. much of its properties goes to the united states. the agriculture sector is one of its main drivers of economic growth, but found the space a range of challenges amongst them, folding great prices and threats from drug cartels. i spoke to the secretary of agriculture, victor villalobos, adam beula during his visit to go home and started by asking him how his government is tackling these concerns. a while, let me mention that you'll, you'll raise an initial related thing. cool. yeah. can awesome. uh, zillow is, uh, the most important mistake that we did for the use. uh, i would say, the highest proportion of the corn, which is the staple food for mexicans. and until he is waiting for them to state. so they, they profess because of the price of corn,

and of course they want to receive more support from next week on the federal government. so what we do, we provide assistance to the farmers, particularly it is more 5 minutes, which is part of our policy. how we can enhance the dvd of the same time that the race is found that are leaving the particular the presence of this motor farmers. of course, you know, so it just crow price that says that that's that problem in a place like center low in the state. extortion gains drug cartels also not the problem but they face and the day to day lives and trying to end the living and trying to get through life itself. yeah, well that's about, that's the best part of the information they used to be in public on the yes, we have some problems. the insecurity in particular with the farmers on the, when they are trying to sell their products. but then, you know, the terms, it's located, the, in some regions, particularly, you mentioned seeing a low,

i guess, but uh, but the, you know, the terms, uh, how many countries growing, uh, the production of these, increasing the, rolled up mexico plays. uh, no, just found it to sustain the foot security of mexican society, but also we explored products to a $191.00 country drugs affordably because you're so it does um on this for this, i mean formation that these, the localized but the but this is not affecting at the dental of i'd be comfortable, that's something you do explore it as you say, but you also impulse as well. and there's a big debate going on with one of your largest trading partners to the knolls. and that's the us and is always a genetically modified seed. and in this particular case, cold wherever it's like conversation right now with the us we, i'm so sufficient for the white corn for human consumption. we'd reliability much on the importation of yellow corn, but telephone and internet, the stacy's,

the genetically modified on last year with the discussion in the discussion. because we have to think in terms of mexico was a sense of origin of corn and the center of the genetic evaluated words vacation. so there is a lot of social interest to keep a mexican quan, a free of genetic modified organ is most particularly corn. so we import and we will continue important because is not is no longer an issue. it is something that we continue is important parts of the import tech support. so the concern is that there is no permission to import white going for human consumption. but things basically association though, so this is not the nature of this field is still very sub. finally we uh, we anticipate that that is going to be sold there. let's talk about impulse and export because you know they was the north american free trade agreement originates

what 1994 is replaced under president trump in the 2018 the us and ca with you and canada are involved. how is that going? well, it is going very well, let me just mention that particular i didn't have any codes from now we are the for the 1st provider of foot. so united states in terms of particularly perhaps food groups and title the needs. so it, we enjoyed the need to but i appreciate very much or as little industry on and we are somehow gradually integrative north american markets in which a kind of the united states or mexico. i mean, the great is the in the order to guarantee for production for north american countries. but also it's very interesting to say that we are gradually, is like playing more the more important role,

a sub food provider for the rest of the, of the, of the war. yes, you are a minister, you a part of the mexican government that obviously sees what's going on around the world. mm hm. and you wouldn't be blind to what's going on in europe right now. farm is on the streets, whether it be in the united kingdom in france and germany complaining about the price, the getting for that products. yes. as you had the government heads in mexico to a presidential election late to this. yeah. yes. how important is it to understand the problems of fathers in mexico? because as i said at the beginning of this interview, they were a huge vote bank on the boat bank, the mexican politicians consulting. no, yes. well that's a good point. uh well, since, um, as a secretary of highly cultural mexico, of course. uh, we were very close with the army college of pharmacy in, in new mexico. and we have the one on piece of bait and the problem as long as we can guarantee adequate prices. we can continue providing assistance,

we can help them with the different services that we have already in place. and that's uh, something that the, even the in the new administration that eventually we, we would take over the 1st of october. we don't anticipate any, any problems. so we would continue in the way that we are being doing on as, as us. i would like to say that the now, nowadays, mexico is or is and join a very important position worldwide as a foot provider. so we, on the 12th of country that produce the 4th full on, as i mentioned, we guarantee is self sufficient. su $44.00 makes it comes on scifi. but also we are enjoying the, the, the expectation on many agriculture products. so i don't, i don't see any, any problem with the new administration. we continue the same,

but we shall see what happens that administer victor approval from mexico. thank you so much. me to start the place of the be here. thank you very much. from new 0 to a 23. yeah. hi. the us federal reserve has raised interest rates at the base of rapid pace and molding for decades to tame inflation and symbols. and to yes, central banks around the world have done the same. the price isn't the easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with, i'll guess, show the but 1st, how the interest rates work and why did they match this as well. when central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down, eventually causing prices to drop, but not hurts borrowers as credit like credit loans, call loans, mortgages and credit cards become costs via, for example,

credit cards rates in the us as an old time high with americans, owing more than one trillion dollars, high interest rates also worried governments because they slow economies. central banks have been treating a very fine line between raising rates and not pushing the nations into a recession. like many of the central banks, the us of the reserve is aiming to keep inflation at 2 percent. can see the price of social play from the peak of 9 point one percent in 2022, but a still above the target. now inflation is slowed. federal officials have cut rate steady at between 5.25 and 5.5 percent since july. the european central bank interest rates have records of full percent and september and hasn't been changed since then. the bank of england also held rates of 5.2 percent. so when will central bank start cutting rates? to discuss that, while i'm joined from london by greg swenson, he's

a founding palm at the match and thank break because i'm great to be here. thanks for having a good time for you with us, greg. it's, it's a difficult one. is it for 2024. 1. 1 does a central millions of others to around the world. what interest rates are going to fall if they fall in the tool? it's a, it's a really difficult challenge for the central banks because the inflation while it's come down, the rate of inflation has come down significantly. it's, you know, inflation is sticky and it's still above the targets in those places. and so they have a real challenge here. they don't want to, they made mistakes, a significant mistakes in the last few years by waiting too long to raise rates. so they have a bunch of j, which is the market right now. looks like it's indicating that the european central bank will, will cut rates in june as well as the said in the us in june and the bank of england a little later in the markets indicating that they'll cut in august. so i think that's too late. i think they're being too cautious. again, they were stung by the mistakes of 2021. so now they're being really, they're,

they're really afraid to, to raise rates to cut rates too quickly for fear of increasing inflation. again, i think they finally jump out, that kind of jumped on that because it's government's all spinning that line that hey, wait, wait, wait, find thing, inflation in a way when it gets and you'll, as you said, you know, banks of being very cautious about the inflation rates and the very reluctant to declare victory. what to the signs we're looking for from the banks, at least of the woods, the statements. but we need to keep an eye on foot to realize that maybe inflation is being beaten at last. well i, i think, you know, obviously if they see principle look, you know, at or below 2 percent, you saw that in switzerland that came in at 1.3 percent. and so you'll see the swiss national bank probably cut rates in march. so that's what they're looking for, but i think that's in many ways they're ignoring some of us challenges, which is basically anemic economic,

economic growth. so i think at some point they should pay less attention to inflation and think about economic growth you're seeing really in, in the growth in europe. you saw a decent economic growth in the us in the 4th quarter. and then most of last year. but most of that was due to government spending, which is inflationary by nature. so, you know, government spending is, is really a problem. it created a sugar high in g d p growth. but you've got this bad combination of artificial g d, p growth in the us as well as other places due to government spending, which is unsustainable. and then you've got this real regular tory burdens and some of which, you know, you mentioned in the, in this, in the segment about agriculture. but that's one of the real challenges is the supply side is, is the government and hostility to the private sector is, is making whatever the central banks do somewhat irrelevant if and, and so i think that the central banks will have little choice,

but to cut rates because their feet facing economic, the stagnation is always supplies. is it less than that? if that is the case, i know that this works in isolation. does it correct, right? because we're going to also look at the politics, the biased and say whatever they want, the government's gonna say whatever they want. but we've got 2 major complex going on right now. you were in ukraine and we've got the war and gaza and it's the contents of the world cause we've seen how trade rates of hot to veer away from the red sea and go around the confidence of africa. this all impacts on those long term decisions about inflation, about investment and about reducing rates. so it's, it's a great point and i think we were all concerned about the inflationary possibilities coming out of the red sea and, and that as actually turned out to be okay. so, you know, perhaps we have to wait a little longer to see, to see if that's uh, you know, consistent. but at so far that hasn't really had a ripple effect on supply changes, but enough to, to,

to create more inflation. but i think these governments are going to have to reduce the regulatory burden, you know, they've got this investment in the us was very weak. and i think that that's due to, you know, a lot of regulatory burden. so expectations in us for 2024 or 1.4 percent g d p growth in 1.8 in 2025. that's pretty anemic. so that i think gives the fed some room to, to run and, and lower rates. okay. good, just finding of, of a quick question with us pays ready for all consumers that are a lot to me. i'm sure the many millions of them around the world. so got gas prices in various countries setting in the u. k. gas prices are about to be reduced. come to spring, how we supposed to read and analyze this with this on getting conflicting ukraine. yeah, i wouldn't read too much into that part of the problem in the, in the u. k. is they have price caps? they have subsidies, and when you, you know, when you have both of those things, it ends up being inflationary by nature. so it is gas prices, yes. are coming down. i think that gives, again, gives the central bank

a little more leeway to cut us. but you know, electricity prices in the u. k are still up for 100 percent or more over the last few years. housing is up 250 percent child care up to 100 percent. these are all sectors with excess government regulation and access subsidies. so when you regulate and when you subsidized prices go up. so i think it's gonna, it's gonna, with going to require a lot more than the central bags dish or, you know, the central banks easing an interest rates. what we have to see, what does happen for the name and tank right expense, and that from break the kind of joining us from london. thanks so much. thank you. you know, the world's largest group to come and see by market value bitcoin has reached mold in $60000.00 last week for the 1st time in more than 2 years. that helped list the combined value of the trip to come to the market to around 2 trillion dollars. the digital covered. so you has risen around 28 percent since the install to the search comes after the us approved the 1st bit coined spot exchange traded fund

e t f allows investors to gain exposure to the price movements of the digital coin without directly owning it. well, cut all the suffering well from this making a $1000000000.00 even to the heart of innovation. the investment was announced as well as the wells largest tech conferences, the web summit being held here in tow. it ain't so attract the brightest minds in venture capital and entrepreneurship to the gulf. the commitment to style tips, bills on kind of those plans to become a major technology hub in the region. a venture capital fund collects money from batteries, investors to infuse capital in stock. tips with high growth potential is managed by a general partner who selects promising companies based on innovation and leadership. enough to initially investing the funds also supports these companies and achieving successful financial outcomes. kind of all sides. the scheme focuses on site is like financial, an educational technology,

as well as health cat. the event held for the 1st time in the middle east attracted the largest gathering of international students ups. artificial intelligence took center stage at the shows, gathering, industry leaders, discuss the importance of ongoing investment in the technology from the challenges and opportunities facing i. the conversation also turned to its role in driving sustainable development launch language models, or generally they, i is not every single body. i does many other parts and concepts of a i from machine learning to, to, to language processing to, to even graphs theory. right? and so the reasoning engine, and so what you're going to start this, he knows everything is going to stop by coming multi modal. so they work together. so it's multi disciplinary, multiple technologies. and that's going to be the big trend. if i think about sort of 24 and beyond, and that's going to allow us to evolve what this stuff can do well, inclusive access to space also took the spotlight and digital infrastructure as

post detroit global trends and transform our lives. why are we going tomorrow? is a, it's really about the things that we can actually do with infrastructure and space . taking that straight to the extreme. this is things like solar phones and space that can provide clean energy to planet. uh, so, um, other renewable energy sources at the bottom and solar is only available half the day because the, the sun goes in at night time and wind doesn't blow all of the time. so the sustainable result is you calling rely on whereas in space the sun is shining all the time. and if we can harness a way to bring the energy back to us that we can use. so i'm not, is really going to address many of the problems that we face on, and that's all show full base. we do get in touch with this solve x for many noticed twitter attempts. so on the school rahman and to use the hash tag h a see to see you to hold office an e mail tons of because to down to 0 dot net is all those move for you on

line. the challenge is a dot com, forward slash ctc up thinking straight to all page which has individual reports link sent in time. so for you to touch upon that says folders additional counting the cost on the whole, rob and then from the whole team here. thanks for joining us. the news is next on i'll just you need to bring the idea of what you think the easily because i couldn't get the money me on

the tennessee in because it's true. it's not continues. there's a deliberate mission of posting and humanity in western media, and it needs to be questioned, sustains coverage. that act of least humanize as is really is and actively humanize of palestinians. this is not the time for doing this to kind of wait tracking those stories, examining the journalism and the effect that news coverage can have on democracies everywhere. here at the listing the best for right to use human appeal has been making the most of your mfc, our team successfully deliver your charity to those who need it most. across the mostly mild, we are feeding, building, caring, tooling, planting, fuel refined, teaching,

and helping transform lives. this is messy in action. this is human appeal. the, this is ever been one right? this is never been anything so conclusive. this was an amazing, an amazing night and amazing day. donald trump celebrates the super tuesday. wins with support has as it gets closer to the republican nomination. the hotel mccrae, this is, i'll just say we're line from also coming up. president job. i didn't think support is up to switching the primaries and it just in to find back against trump.