a free moment of rema time as every 2nd of these beautiful months brings you the opportunity to embrace the spirit and blessings of mercy. your 13 knights is a human appeal platform, which enables you to ultimate you with a nation's on every night to form a den hoping to make the most of this beautiful month. trust us with your messy, this rama done. the hello, i'm elizabeth put on and this is counting the cost on allison, so your, your weekly look at the world of business and economics this week, nuclear power, as back in the energy debate, many nations are expanding the police of a ton of plans. so is it on the verge of a van, a psalms, the

e u has pledged opinions of dollars to cash strapped egypt and upgraded the relationship to a strategic partnership. so what's behind the deal? and take talk faces a band in the us of a national security can sense. but the measure could had creations and businesses where it hurts most. the critics say, atomic plans, 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 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 react is known as f and mazda it easy. it cheaper to build an off of flexibility for locations. unable to accommodate traditional launch a reactive s a mazda, a few would with low enriched uranium. russia dominates the small kids with almost hospitable as commercials capacity. they are only 2 major west and supplies of enrichment services. they are frances of ronald and you rank code, which is a u. k. jim and dutch 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 because she meant as us to in 2011. but elsewhere there was renewed interest in nuclear pallet and that the global energy crisis and 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 bond division, egypt. the i is quoting on global development backs to funding new projects, warning that affect you to invest in nuclear power could delay the energy transmission. will leaders have gather and 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 valley. 2 years ago in new york for example, the 10th was basically to scrub nuclear plants reactors and move to renewable energy except the 3 key fact. so as them the, and they,

they said the change of how to happen. climate change and people concerned about the future. warning, ukraine's european saying they was about time to devise to find themselves away from rushing in force. and they're concerned about the volatility or the energy mach isn't particularly the potential for a little 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 . the 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 he comes to this. 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 you expanding and building more react us. so how to narrow the differences between these countries. there is

a hope that in the summer they was able to convince many global key players and which countries to for more investments into this more modern reactive and the advance mode that are reactors. these are very small reactors require less investments and who's the safety features uh more improved. but, you know, you have to get to the point where you can establish at a vast chain of supply to be able to commercialize those reacts those amazing available in the market. and that's the helpful for the world lead. as we think 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 palaces pulled off,

then here's the founder and chair of the new, clear 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? it's actually difficult to understand why the new key is back in the debate. so it could be basically, it's a bit of a loss. charts cost for nuclear renewables, about $4.00 to $5.00 times cheaper than your 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, a and syria rushes is a major play in global a civil nuclear. so there are some significant questions to ask about some 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, the, if you take into consideration uranium mining and transport processing the operation, decommissioning waste, then absolutely not. and then if you're then going to think about accidents incidents, trying to focus shame a 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 some very real questions associated with this. and you can push, which is to assign a sent last name, p r. okay? 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 meet the increase in global electricity demands. yeah, but the international energy agency themselves save 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 emissions done by 2030. now, the i p. c will also say that renewables up 10 times better the nuclear 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 20. 50 the same comp 20. i said they wanted renewables expanded by 3 times by 2030. so new to 2050 renewables by 2030. now. what does that actually mean? that means nuclear 1.2 terrible. it's by 2050. i'm renewable, it's 11.5 tire. what's by 2030. so according to the science of nuclear is still much, you know. okay. you mentioned you know, separation and ukraine. how do you think that? um, 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 which at the moment there is a piano push. i mean that's for sure whether it's a kind of a last johnson gospel,

nuclear coaching structures, policy, finance before the alt this advantages of renewables is too obvious to, to deny. but in terms of, 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 and increasing how unstable weld uh, that could be a problem. most specifically, when one thinks about climate, nuclear has to be situated by the coast, large bodies of water or river. we know what's gonna happen with coast um what's gonna happen is at sea level to rise, but the key concern is storm surge. where basically all the sudden not necessary conditions, the c basically ops and moves in line. so the real problem with nuclear is that it may actually prove to be a climates casualty and a significant climate casualty there. of course many of the challenges isn't there . there are so many reactive that supposed to be being built right now that are in

the number of countries that are delayed, that are costing many times as much as they were suppose to. we are seeing 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 here because some things you have a time 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 mug of your wrapped is, um, basically there's no one s m, a in commercial production anywhere in the world, but simply doesn't exist as the most us still in development. and the great to for 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 of the cost. so there's a very real questions, 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 consultant group in paris. thank you. now a drowned in southern africa is affecting food production with crops dying from a lack of bullshit. somebody is, government has to create a national dissolves to and the rest of the region is also under pressure. how does latasha reports from head out a range of being erratic for months in zambia? some farmers now improvising to try unhealthy cups of ice. the heat, the drought has been declared a national disaster by the government. we've invested $5000.00. we expect at this rate sofas, looking breakeven for that is

a loss the rest of the farm. as we might have not been able to save the quote, a facing a 100 percent less invest. the draft is also affecting mining and limits to get it to to begin ration from hydro power, zambia africa, 2nd largest crop up reduce the plugs, the impulse and russian power according to the world food program. but it's $17.00, malawi, eastern and goal and positive mozambique ends. and bob, we are also in trouble. mays is the staple food in zimbabwe and the rest of southern africa as it gets hotter and dry across the region. many more families will need help to keep themselves busy, and 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 got him as his i called my maze crap was the disaster. i have 2 fields, all the crops i did, but resources on to enough to help everybody on funding has been

a challenge. indeed, some continue to be italians because it is listed as i know it's always available. so they had in means to get up to about $43000000.00 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. how do we talk? so i'll just ask for counting the cost. how to, to 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 content that you is worried.

conflicts and gaza and saddam could drive more 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 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 neighborhood, the importance of our relations will only increase over time. 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, sun life, and then to egypt. already how small the 9000000 migrants in refugees, president top about that and 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, as we have formed our commitment to combating this phenomenon has these to the day is the latest in a series of agreements between the e u and most african countries and that stuff and the flow of people across the mediterranean to europe $5000000000.00 is for macro financial assistance. that's a loan that you 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 would allow egypt to fetch a protective board is particularly with libya. it's a k transit point for people from being one poverty in africa. and the middle east and a u funds will support egypt and hosting almost half a 1000000 refugees from saddam most have floods 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 transcends voluntary

involved as well. betraying human rights defend as journalist lawyer, as an activist whose work involves great personal risk. and joining us now from the, as osmond has all, he's an economic and political risk analyst and middle east and north africa director at the global council. thank you for your time, mr. hannah. it's often said that egypt is too big to be allowed to fail, isn't it? how important is it is economic. it's political, stability to the region. well, egypt economy beside the 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 you to send it to greater economic 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 brick. and when do you imagine approve this long earlier this month and a $1000000000.00 long the, you felt that it was confident that he was going into a, into a direction of economic reform. and the i'm s. 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 egypt, especially because i am if 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 i'm the, i'm a rocky blanche. 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 term in the long term. beautiful make to will make to make more difficult choices. it will need to reduce spending on the projects with

questionable economic returns. and they will need to develop its export, declined the egypt, and imports a lot more than its exports, which is what caused this fund. the squeeze and 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, it's a lot of criticism off the ministry in the states finance. this isn't that you touched on what's happening? oh, the egypt border with gaza. 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 students. it goes to the sides. if the israel besides the law an operation into profile, there will be a high risk of displacement into egypt which will create more economic pressure on,

on egypt. and of course, going to the you're, the strength of stem migration is pursue the policy of border extra extra lives ation. by working with southern mediterranean springs to police, they're causing spencer, i thought a 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 the 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 safeguards. how effective all such deals? well, this is a debate between values based versus security based approach to, to asylum seekers and irregular. um, uh, migration of the,

the resources that europe is plowing into north and african economies. i see this treating the symptoms and not the root cause. the root cause is economic miss. my is meant and 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, accommodate 11 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 in a medium box to this, you know, to this trickling down to the, to the ordinary egyptian conditions have been suffering from the shocks. the fun stomach, the loss of towards them arrivals from the pest demick and you have this was kind of a reduction of revenue. so in the sense and then you have to put the complex and startling

egypt and begin to down. and then the garza so as in terms of long term beautiful need to have a structural reform to address address a trade deficit then a desk burden. that's, that is driving the junction people's down and causing inflation. and you're rooting their quality of life and increasing the poverty level that 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 alone. 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 creations and millions of businesses who make and live in posting videos could be effected,

took talks as more than $7000000.00 small businesses and the us advertise products on it's app generating $8050000000.00 in revenue a yeah. the food and drinks industry of the health and wellness sector advertise most on the platform. and amazon is the largest single advertiser on sic talk in the us. it's invested to $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 at the university of oxford and also of the book cloud. empires, thank you very much for your time. so let's say, 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 payouts 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 advertise products and creatives can also directly sell their own merchandise. okay, around a 3rd of us adults use tech taught. we know it's especially 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 follows trends and appeals to the kind of mascot, a personalization. alberta them now take talk is built on kind of the content

creators and businesses have the same success on other platforms like youtube, like instagram, they absolutely could or, or let's say if tech talk disappear today. instagram and youtube would 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, as 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 follow was. 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 a redistribution for our off off income from some creators to others. and some small businesses would, would probably lose out. now, those possibly can. okay,

so on the redistribution, how much would the tech talk bad benefit of the social media companies? well, ad textbook share offering esco's video ad spend in the us according to data from the market to is about 6 percent. and a youtube says about 8 percent and meadows, which include say, as the ground and on facebook is about 30 percent. so we're not talking about a 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 there are really reliable statistics evelyn available on it. yeah, take talk, finances on poverty, disclose this, what kind of response look, right. can we expect from china if tech talk is in the band of the us? well, china already heavy, restrict spar and media ownership. so for instance, apple's media platforms like apple tv and apple books are already not available in

china on youtube is not available in china. instagram is not available in china. so the potential for us to the textbook top response seems pretty limited. but of course, china could respond in some completely different way, and this could easily accelerate the so called tactical between us and china. that's so far being playing out in, in uh, mike projects and, and 5 g networks and then clogged data centers because both superpowers view the global success of the tech fence as essential to jail, political power today. very let on invest. 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 count of the cost at eligible dot net as our address and as well for you online at onto 0 dot com slash ctc. that'll take you straight to

a page which has individual report links and into episodes use catch up on the and that's, that's the best edition of counting the cost on elizabeth put on them from the whole team. thank you for joining us. the news on the algebra is next. the latest news as it breaks, steps of on any social media platform could face court challenges over the issue of freedom of speech. but before that, this would have to pass the senate with detailed coverage or comfortable placement, whether almost no supports. house services are closed, 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 brutality of the response to the events of october 7th had become impossible to

ignore. there is no one nor, or international humanitarian law that has no being violated. then we have some western powers supports of israel's actions. he's well has the right to defend itself. it has the duty to defend its people. it is astonishing just how deep cleaning corrupt materially am tomorrow the day i look at how the international news are being applied and ignored in the israel goes to conflict. israel above the low on al jazeera palestine. this once of very different place from today to cities became connected to the interior in an award winning film, which is 0. well, here's historians and i witnessed accounts that portray early 20th century by this time as a thriving fibers reach. it was multiple investments were excess, moving from one city to another, kind of styling 1920 on al jazeera in china, this is a stomach room. the bathroom for the father was killed. boys and girls as young

a 6th learned to handle firearms and develop insurance to be ready to protect that country. i would make you run so hard to $1.00 oh, $1.00 east visits china as military capital kids on al jazeera, the heavy sizing, and bombardment and southern gaza. at least 6 palestinians have been killed in this way. the strikes of an ice and drop off the bottom, and this is out of the life from the ha also coming up. no in science, the death and destruction and gaza says it's really mediators have rejected. it seems fine. and the withdrawal, one of the full size is what it is rounding in tennessee. calling for data will

come off to release captives, housing, gaza loss. we will identify and punish every one was behind the terrace.