Skip to main content

tv   Counting the Cost  Al Jazeera  March 23, 2024 11:30am-12:01pm AST

11:30 am
this nice, nice a full health services, a close that comes off from food from around the world. now migrants rights advocates are taking the federal government to court, saying it has failed in its duty to care for migrants including children. the hello, i'm elizabeth put on and this is counting the cost on ellington, sierra. your weekly looks like a world of business and economics this week. nuclear power, as back in the energy debates, many nations are expanding. the police have a ton of plans. so is it on the verge of a van, a psalms, the e u has pledged millions of dollars to cash strapped to egypt and upgraded the relationship to a strategic partnership. so what's behind the deal?
11:31 am
and take talk face is a band in the us of a national security concerns, but the measure could had creations and businesses where it hurts most. the critics say atomic plans and dangerous, expensive and taking a long time to build the nuclear power is being touted by some as a clean source of energy. well, many nations a meant to be called and not as an out building new react is which and mainly supplied by china and russia and $22.00 countries pledge to triple the nuclear capacity by 2050. the cop $28.00 climate sounded last year. the international atomic energy agency expects global nuclear power generation to reach an old time high next year. it says investment will need to more than double to $100000000.00 by 2030 to meet the powers agreement climate target. so let's take a look at the expansion of nuclear plants, leading the race as china with 23. react is under construction, and the
11:32 am
a has 7 to kia has for the united states remains the top producer of nuclear power . it's investing millions of dollars a new technology, such a small margin of reactors, known as f and mazda it easy, it cheaper to build an off of flexibility c. so locations unable to accommodate traditional launch a reactive s a mazda, a few would with low enriched uranium. russia dominates this market with almost hospitable as commercial capacity. there are only 2 major west and supplies of enrichment services, the francis of ronald and your rank code, which is a u. k. jim and dodge console team. china has built in richmond capacity to meet its own needs. now in parts of europe, there is still resistance to nuclear energy, germany, italy and miscellaneous, phased out nuclear power for electricity generation or the environmental concerns. and fee is of another accidents such as japan's focus. she meant is off to in 2011 . but elsewhere, there was renewed interest in nuclear power and that the global energy crisis and
11:33 am
common mutual goals. the international atomic energy agency expects up to 13 countries to start producing electricity from nuclear power within the next few years. and they include the bundle dish in egypt. the i is quoting on global development backs to funding new projects, warning that a failure to invest in nuclear power could delay the energy transmission will lead us have gathered in brussels for the 1st nuclear energy summit. i somehow bought our reports this summer, it's is a remarkable indication of that changing political landscape no believe 2 years ago in europe, for example, the 10th was basically to scrub nuclear plants, the actors and move to renewable energy. except that we keep facts who has come to us and they, they see the change of how to happen. climate change and people concerned about the future warning, ukraine's european things a was about time to devise to find themselves away from russian import. and they're
11:34 am
concerned about the volatility or the energy market, and particularly the potential for more complex and was in the, in the middle east. so they said that there's absolutely no way we can to rely on renewable energy of the only way out for us to be able to move to more sustainable economy is to expend the nuclear energy capacity in different parts of the. well, the problem that to keep layers, for example, the french and the germans don't see eye to eye when it comes to days. the french up above that expanding, the germans shut down all the remaining reactive spanish modeling suit with the germans. but how, whether you have many of the countries like hunger, you check. yeah. and many other countries in europe, expanding and building more react us. so how to narrow the differences between these countries. there is a hope that in the summer they would be able to convince many global key players and which countries to for more investments into this more more than the reactive
11:35 am
and the advance mode that are reactors. these are very small reactors require less investments and who's the safety features more improved. but, you know, you have to get to the point where that you can establish at a vast the chain of supply to be able to commercialize those react those and made them available in the market. and that's the helpful for the world. leave this meeting of the summit, which is basically to get to the point where by 2050, the reason the targets of saying that with finally climate, you to push them on the bottom. i was just beautiful. counting the cost brussels. joining us now from powers is full dawson, who is the founder and chair of the nuclear consulting group. thank you very much for your time as the goldman so as will lead as meets the 1st nuclear summit. why is atomic energy back in the debate?
11:36 am
it's actually difficult to understand why the new key is back in the debate. um, it could be basically, it's a bit of a loss. charts, goest for nuclear renewables, about 4 to 5 times cheaper than new care. 87 percent of the new electricity generation capacity worldwide in 2023 was new renewables with nuclear nowhere. and one of the key energy instincts, organizations a world wide, including the international energy institute, say that renewables will do the heavy lifting for net 0. so why then is the international atomic energy agency and a few others saying that nuclear is so important if the world is to transition, you know, to clean the energy? well, i mean, the head of the idea is just met with bush outside to the syrian dictates a in damascus to agree on a new engagement between the i a e,
11:37 am
a and syria rushes is a major play in global a civil nuclear. so there are some significant questions to ask about some of the relative morality of uh, of, of this new if you push it as being talented as a clean or clean energy source. is it not? well that if you take into consideration uranium mining transport processing, the operation, decommissioning waste, then uh, absolutely not. and then if you then going to think about accidents incidents, $200.00 bu fuqua's stream. uh, uh, 3 mile island and the risks involved. i mean, we know what's been happening and suppers here, where the grace of god, according to us. uh and uh, you know, we've escaped to a disaster. so that's a very real questions associated with this. and you can push, which is to assign a sent last name, p r. okay?
11:38 am
so you're assessing the question and begins to international atomic energy agency and the agenda. but what about institutions like the international energy agency base for can january of the importance they said of the nuclear come back to me, the increase in global electricity demands. yeah. but the international energy agency themselves say that renewables will do the heavy lifting. and if you want to talk about some substantial institutes, the i p c. c, the international panel on climate change stage. quite clearly that we have to really get our mission style by 2030. now the i p c will also say that renewables up 10 times back to the new care mitigating c o 2. and then let's go back to comp 28. now the big news on culture, it for nuclear, was it nuclear wanted to be expanded 3 times by 2050. that's 3 times by 2050. the same cop 20. i said they wanted renewables expanded by 3
11:39 am
times by 2030. so new to 2050 renewables by 2030. now, what does that actually mean? that means new to 1.2, terrible. it's by 2050. i'm renewable. it's $11.00 tire. what's by 2030. so according to the science the nuclear is still marginal. okay. you mentioned, you know, is that the regime in ukraine, how do you think that how do you assess the defenses at the moment to mitigate nuclear and accidents and countries that use nuclear power, especially as there was such a big push for us at the moment. there is a push, i mean that's for sure whether it's a kind of a last chance, goss plenty of here to push in structures, policy, finance before the, all this advantages of renewables is to of this to, to deny. but in terms of,
11:40 am
of what we have um, it's actually very difficult to defend you. there's no way military, but you can defend a, a new 2 sides increasing how unstable weld uh, that could be a problem. most specifically, when one thinks about climate, new care has to be situated by the coast, large bodies of water or river. we know what's gonna happen with the coast. what's gonna happen is at sea level to rise, but the key concern is storm surge. where basically all of a sudden that's where the conditions, the sea basically ops and moves in land. so the real problem with nuclear is that it may actually prove to be a climate casualty and a significant climate casualty there. of course, many of the challenges isn't that there are so many reactive that supposed to be being billed right now that are in a number of countries that a delay that a costing many times as much as they were suppose to. we are seeing
11:41 am
a lot being made of smooth. want you to react as do thing that they, missy gate, any of the challenges posed by the traditional, larger reactive. it's certainly true that laundry act is a huge. you have a cost in case you have a time and usually can only be built with voss public subsidy, which is why as a new chipping built in combining to control states like russian china into a certain extent, an outlier erie a patch to you. okay. um, now the issue as a mazda, a small motor you're wrapped, is basically there's no one customer in commercial production anywhere in the world, but simply doesn't exist as the most us still in development. and the great 2 of us, the most was new scale as in law in the us. and that went to uh, that went to almost bankrupt a few weeks ago and is, is off the card. so this is the very real questions,
11:42 am
associations with us and my us not least the question of proliferation and security and safety. that's the document. thank you very much for your expertise on this. pulled off, none of the new k consulting group in paris. thank you. i smell a drought in southern africa as effect in food production with crops dying from a lack of bullshit. san b, as government has declared a national disaster, and the rest of the region is also on the pressure. hardwood tossed. the reports from head out a range of being erratic for months in zambia. some farmers are now improvising to try unhealthy cops devised the heat. the drought has been declared a national disaster by the government would invest as $5000.00 we expect at this rate. hopefully we can break even for the that is unless the rest of the pharmacy might have not been able to save that. are facing a 100 percent loss invest the draft is also affecting mining and lemme to get
11:43 am
a tricity getting a ration from hydro power, zambia africa, 2nd largest copper producer plants, the import and russian power, according to the world food program. but it's one southern malawi, eastern angola, and positive mozambique ends. and bob, we are also in trouble. mays is the staple food ins involved. we and the rest of southern africa as it gets hotter and dry across the region. meaning more families will need help to keep themselves fit than bobby's government is working with agencies to assist communities. people living in dry regions are some of the most vulnerable. put him and i've, i've had him as his i called my maze crap was the disaster. i have 2 fields, all the crops are they'd the resources onto enough to help everybody on funding has been a challenge in these will continue to be a challenge because it is listed as i know it's always available. so they
11:44 am
had in means to get up to about $4.00 to $3000000.00 of which only 55 percent of that budget is funded for douglas. so you can see that we actually have a huge ad is, will skip the drought is expected to slow down the economic growth of countries in the region and food prices are continuing to rise. that's making life even more difficult for millions of people in southern africa who are already struggling hard on task. so i'll just ask for counting the cost of the agent as an impulse and supply of natural gas to hear of the after nation is also a transit route for migrant seeking to cross to the continent. the was worried conflicts and gaza and saddam could drive move refugees to its shows on woodson financial troubles in egypt, which plays a vital role in regional stability. the block has announced more than $8000000.00
11:45 am
and $8.00 to the cash strapped nation and upgraded its relationship with kyra. today, marks a historic milestone with the signature of our joint a corporation for strategic and comprehensive partnership. and given your political and economic weight as well as your strategic location in a very trouble of neighborhood, the importance of our relations will only increase overtime. to the deal comes with concerns as well as planned ground defensive on the region of alpha and gaza could force hundreds of thousands of people into egypt sign i potential to egypt already host more than $9000000.00 migrants and refugees. president, top of the fact that i'll see, see, read related has nations commitment to cutting and legal migration. but the discussions address the importance of continuing to confront common challenges for people. most notably illegal immigration is,
11:46 am
as we have firmed our commitment to combating this phenomenon as these, the day is the latest and a series of agreements between the e u and most african countries and at stopping the flow of people across the mediterranean to europe. $5000000000.00 is for macro financial assistance. that's a loan. the e u is offering with low interest rates and favorable terms to help stabilize a just fleeting economy. a mix of grants and loans paid over 3 years will allow egypt to better protect board is particularly with libya. it's a k transit point for people from being one poverty, an applicant, and the middle east. and a you funds will support egypt and hosting almost half a 1000000 refugees from saddam most to fled the needed year long conflict. their rights groups have condemned the deal. human rights watch criticize what it labeled . a use cash for migration control approach, saying it's trends for terry involved as well. betraying human rights defend is joining us lawyers, an activist whose work involves great personal risk. joining us now from dog ha,
11:47 am
as osmond technologies in economic and political risk analyst, and middle east and north africa director at the global council. thank you for your time, mr. hannah itself and said that egypt is just too big to be allowed to fail. isn't that how important it is? it's economic, it's political stability to the region. well, egypt economy beside this population is proximity to europe and its importance to the mediation process. and the israel palestine. conflict means that you couldn't witness a place like egypt to send it to greater economics term, especially as, as we've seen, increasing numbers of egyptians use libya as a culture and bar cation for european found irregular migration. and that software gets that before the 7000000000 package from the u was approved. agents economy was on the break. and when the i master approve this long earlier this month and a $1000000000.00 long, the, you felt that it was confident that he was going into
11:48 am
a, into a direction of economic reform. and the i'm s o m s approval was a seal of approval. then you're going to, you could feel confident, yes, that it could extend this into to each, especially because the i m f knowing was of course, dependent on egypt flow saying it's common, see, wasn't it you deal just the latest. you mentioned the, i am at the united arab emirates investing billions of dollars just how much will these grounds these lows, these investments, how the egyptian economy, not just in the short term, but in the long term between the island and the you and the world bank and the i'm a rocky black egypt has not received the close to $57000000000.00 of financial lectures. and this will be enough for egypt to meet its hard currency requirements . in the short and medium turn in the lots are beautiful make to make to make more difficult choices. it will need to reduce spending on products with questionable economic returns, and they will need to develop its export, declined the egypt, and imports a lot more than its exports,
11:49 am
which is what caused this fund can squeeze in this foreign exchange crisis. and more importantly, you will need to create a level playing field between the states and the private sector so that it becomes a more competitive economy. yeah. and a lot of criticism of the ministry in the states finance. this isn't that you touched on what's happening? oh, the egypt border with god. so just how worried is the european union about what's happening and gaza and what that could mean for the flow of refugees into the continent? well, europe is more is worried about a couple of things with regards to guys. of course of the displacement of hausteen's, it goes to the sides. if the israel decides to launch an operation into profile, there will be a virus of displacement into egypt which will create more economics pressure on, on if egypt and the, of course going to the strength of stem migration is pursue the policy of border extra extra lies ation, by working with southern mediterranean springs to police,
11:50 am
their costs better. i thought i better screening prophecies accurate to ensures when those migrants have a ride. and we shouldn't forget that this is in the context of european elections in the summer, where the migration is a very polarizing issue. when were you have? yeah, right? cleaning parties on the ascendancy in your and the european union, the policy that you were speaking of the externalization of, of security when it comes to refugees and migrants. it's been criticized before and the european union's own rights. what stock has criticized the laces deal saying that it falls short on human rights, safe gods. how effective us such deals? well this, this is a debate between values based versus security based approach to, to asylum seekers and irregular migration as the, the resources that europe is plowing into northern african economies. i see the streets of the symptoms and not the root cause. the root cause is economic miss my,
11:51 am
it's meant to have costly happening from this a health to north africa, to east africa, and economies that are failing. so these, these, these are much harder issues to solve it. so you're off for a band aid solutions helping to stem migration using the security based approach. and just lastly, mr. had all given that 2 thirds of egypt, sions a currently living under the poverty line. how much do you think that all of these latest bronze, these loans will help the average egyptian? well it's, it's hard. it's hard to see an immediate impact of this. you know, to this trickling down to the, to the ordinary egyptian difference have been suffering from the shocks. the fund demik, the loss of towards them arrivals from the pest demick and you have the source canal, a reduction of revenue. so in the sense and then you have 2 bits of conflicts and circling egypt and again sit down and, and, and the gaza. so as in terms of long term, beautiful need to have a structural reform to address, address a trade deficit, then
11:52 am
a desk burden. that's, that is driving the junction people's down and causing inflation and eroding their quality of life and increasing the poverty level. so you said you discussed hello. thank you very much for your time. i a thank you. tech talk has brought us as an influence as overnight fame. the app is one of the most popular social media platforms with $170000000.00 uses a month in the united states. the lower but it's owned by chinese company by tons of the us as defense, ties with badging questions, national security, the senate could soon possible to band tech talk if the chinese on a doesn't sell at stake a content creation in millions of businesses who make and live in posting videos could be effected, took talks as more than $7000000.00 small businesses in the us advertise products on it's app, generating maybe $15000000.00 in revenue a yeah. the food and drinks industry of the health and wellness sector advertise
11:53 am
most on the platform. and amazon is the largest single advertiser on sic talk in the us. it's invested $22000000.00 and as in 2022, followed by a television network, hbo which spent $19000000.00 with joining us now from london is very let on very so he's a professor of economics. so shall the g and digital social research. i think university of oxford and also of the book cloud. empires. thank you very much for your time. seriously. can you briefly talk us through how people make money on tech talk? well, there's a few different ways that people make money on tape talk to take them does pay some content creators of the pages abuse, but the pay ups tend to be smaller than on. for example, youtube creators can also receive virtual gifts from us which translates into additional payouts, but creators tend to make the most money by producing sponsored videos that
11:54 am
advertise products and creates is, can also directly sell their own merchandise. okay, around a 3rd of us adults use tech taught. we know it's a specially popular among young adults and tech talks as the 7000000 small businesses in the us use the app. so what does that steak for creation for businesses to take talk has been especially important for small businesses to find new consumers. and it's been important for a lot of the creators who produce the sort of the content that goes viral and, and, and follows trends. and appeals to the kind of mascot, a personalization. alberta them now take talk is a build time. can the content creators and businesses have the same success on other platforms like youtube, like instagram, the, the absolutely could or, or let's say if the textbook disappeared today. instagram and youtube would
11:55 am
probably pick up most of the business, but it's not necessarily the same business as the same advertises on the same creators that would strive on instagram and use youtube because take talk is mentioned, is all about appealing to the algorithm and, and following these hyper fast changing trends, whereas the other platforms are a little bit more about cultivating an audience of regular followers. so the total size of the 5 probably wouldn't shrink that much. it picked up suddenly disappeared out of the same. but that would be a bit of it. redistribution for our off off again come from some creates as to others and some small businesses would, would probably lose out. and now there's possibly can. okay, so on the redistribution, how much would the tech talk bad benefit of the social media companies? well, the textbook share offering esco's video ad spend in the us according to data from
11:56 am
the market to is about 6 percent. and a youtube says about 8 percent and meadows, which include se instagram and on facebook is about 30 percent. so we're not talking about that huge a, a part of the pie, but still noticeable. and then when it comes to the creator and calling them, it's much harder to say because they aren't really reliable statistics. and while i'm available on it, yeah, take talk finances on pompously disclose this. what kind of response looks right. um, can we expect from china if tech talk is in the band of the us? well, china already heavy restricts for immediate ownership. so for instance, apple's media platforms like um, apple tv and apple books are already not available in china, and youtube is not available in china. instagram is not available in china, so the potential for sort of hits to top response seems pretty limited. but of
11:57 am
course, china could respond in some completely different way, and this could easily accelerate the so called taxable between us and china. that's so far being playing out in, in the mike projects and, and 5 g networks and then cloud data centers because both superpowers view the global success of the tech sense as essential to geo political power today, they don't of us. i thank you so much for setting life on this for us. we appreciate it. thank you very much, elizabeth. and that, as i show for this week, get in touch with us on x, formerly known as twist that i'm at and is put on him to use the hash tag h 8 c t c. when you do or drop us an e mail come to the cost at l g, c, i dot net as our address and as well for you online at all, just a dot com slash ctc. that'll take you straight to a page which has individual report links and into episodes. these catch up on the and that set for this edition of counting the cost on elizabeth put on them
11:58 am
from the whole team. thank you for joining us for news on the algebra as next. why have american evangelicals become his real strongest back, or is us president joe find the right to stand with israel with no red line? as long as us support continues? is there anything that can stop is real, solve on concept, from going on in? definitely a quizzical look at us. the bottom line, ask like a narrative from africans perspective for symptom of 4 states and to show documentary spine african filmmakers coordinated to like, he has said this to bring me chocolate revolution from booking of 5. and i see beauty from synagogue,
11:59 am
africa direct on. i'll just be around the got it all the
12:00 pm
the 11 people are arrested after an attack on a month most co concept whole that was claimed find i felt linked grief was 90 people. that the color there i misspelled the attain. this is out of their life from don't also coming through and secretary general antonio gutierrez visits, egypt, photo, wisconsin. and he's expected to reiterate. test, cool for us to the us senate parcels and all that includes a year long then on funding for the u. n. agency supporting palestinian refugee and report from.

9 Views

info Stream Only

Uploaded by TV Archive on