or that who must be hurt. how many other channels can you say will take the time and put extensive followed into reporting from under reported areas. of course we cover major global events, but our passion lies in making sure that you're hearing the stories from people in places like how is fine with the young man regions. and so many others. we go to them, we make the effort, we tear straight. the other, the nora kyle, this is counting the cost on alex's era you'll, we can look at the wells of business and economics this week in this economy is on the rise. and the walls bank says the nation is the aging growth in south asia box on the vendor movies, economic policies,

benefits in old indians standing off industrial facilities to us and spending billions of dollars to slash greenhouse gas emissions. a steel mills so many long and cheap spectrums and microsoft on bundles m. s, teens and m. s. office optic. european anti trust scrutiny. millions of uses will now have to buy the chats and video out separately. india is one of the worlds fastest growing major economies, costing global invest as much of the progress as happens in the past 10 years under prime minister in red drum moody. he's buying fuel mass, a cheap month window is a very interesting sell a full time and office in general elections tossing later this month. many indian se they all best of boss observers say the wealth gap has widened. let's have a look at some of the numbers in india as well. the 5th largest economy in the world up from 9th position hauff a century ago. by 2030. it's expected to overtake germany and japan. the become the

3rd largest economy behind the united states. as china, a major driver of that growth is infrastructure. moving a $130000000000.00 has been allocated to build assets like roads and ports this year. and there's also trying to boost his manufacturing sector, which accounts for nearly 17 percent of g d p. it aims to replace china as a global production hub, but the economic gains all spreads an equally oaks farm says the top 10 percent of and just population of $1400000000.00 originally 75 percent of the total national wealth. more than 40 percent of india's workforce or employees on farms and poorly paid jobs, the rest are almost evenly distributed amongst the industrial and service sectors. of the whole thing says the nation is needing grace in south asia. the region is expected to remain the fastest growing emerging market for the next 2 years. bots,

the bank loans, south asian countries of failing to create enough jobs for the young population. many nations are struggling with poverty and a rising cost of living. well fernandez reports from columbia, it's better than expected. this woman's from india has boosted south asia. is group focused to 6 percent this year. the c go was released during the web bank, south asia development updates launched in colombo last week. but once you take out in, yeah, it's more like 3 and a quarter percent say in 3 quarters percent and 2024 and phone and 4 to percent of 2025 expansion supported by rapid increases in investment and government consumption has driven the indian economy to grow by more than 8 percent in the 4th quarter of 2023. but the world bank says its neighbors are struggling to non cobra cheap. bankruptcy in 2022 is slowly stabilizing. allstate, secure to $3000000000.00 am, is below package,

would crippling austerity measures seen by many to unfairly target the port a segment of the population of causing frustration, soaring cost and pocket stone, driving hundreds of people to rely on saturday during the realm of the season. mohammed was one of them. the father of 5 is a daily wage worker company. they go to the, it's very hard to find work these days. the government says it's subsidizing some food items during ramadan, but who can afford other commodities and pay the high electricity and gas? like mohammed millions of south asians are struggling because nothing, nothing jobs are being created in south asia. it's employment racial that matters. the share of to walking, it's population that is employed. that's what mats everywhere else and all the emerging markets, developing companies to stay constant and sold asia. it's fun. the reliance on government spending, you're just following private investment is another shed. worry. and the world bank

map, so it measures the spark and acceleration in private investment girls bundle with dish, introduce, trade and foreign currency restrictions. to waldorf a balance of payments crisis as the country has also seen site installation, governments across south asia see they are trying to improve fiscal discipline and build resilient economies. the what bank says milwaukee is needed, but many people in the was most populous region unconvinced. this will improve their lives in the fernandez, which is 0 for counting the cost colombo as well. joining us now from take you is alyssia garcia at, at o chief economist full asian pacific at north texas bank. if i get to have you here on counseling, the cost is economy, it's booming and it's on incredible trajectory. what's driving this? well, lots of things, uh it is. lots of these are driving in the 1st of all is self confidence. you know,

india has basically had already a very strongly there are multi with baker ideas as to the way to go india 1st. but also in the role it means that manufacturing is what's coming down, which is a big change from the past. we have many companies, brooks, i'm a pull, you know, looking at the door of india's manufacturing market, both for the domestic market, but increasingly for exports. and that's a big change. bring the eyes is the new manufacturing drive that basically change the nature of, of what it really is about as an product. well that's pick up on that, but my new factoring drive, i mean india wants to overtake china is the global manufacturing hub. is that for sale? is that possible? put it this way. it does not need to overtake china for very simple reason because the you out of my new fact to him as the most important driver for growth is over

and as far as now the mistake, i mean this, your thoughts services are the key. so yes, india need some manufacturing to avoid big surfaces. um, because it needs lots of things to get its population moving into your brain area as china did. but not as much to be that well as china, the, because it was down some, you know, the, well, the services uh, high end services. i mean, there is a better place to do that than china. so in a wait time, as you have been right skills, i would say for a new year out, a new out of digital service. mm hm. well, that's benefiting assessing amounts of the population. isn't it got to remember that the vast majority of india is in the informal sector is and farm work is low quality paid jobs. what is the slogan india for or is this food booming economy benefits thing? oh, my question that's, that's the $1000000.00 plan, right?

yep. yes. really needs to be very careful about a void in what came out to me. uh the relatively well good skill. uh, i mean 400000000 people out of poverty, but still i'm really not managing to cope with the income despite. yeah. for india, these could be even worse because i think india, we'd have a much harder time in, in bringing to the cities, the population in that organized way, which china did things to the whole cold, the so called. so basically, uh, registration or compared to registration to be live in big cities and i think for india would be my top other. there's also the north and south divide that is very, very strong for india. so my sense is that in depth would have a harder time basically, you know, boy didn't come despite these from what china has already had,

which is why don't it's because problems. so you are right. this is really a key issue for india. because if we look at the economist, the in men else are for the benefit of well, bank report, it's saying that south asia is growing, but employment levels are actually pulling. why is that? because they have so far they, in creating the big manufacturing um, landscape like this, how se they should go far. we have but could all be, as i mentioned in india, but it's really brand new. we have the best with the techs that mean that's true, but it's really minor compared to the growing population. just remember that south east has population grows much faster than se, asia population. so, so this is why they need many more jobs and then it's really very hard to create. not always because you, you need that investment to do so. you need the companies to, to believe in,

in your company. is it just all your country does not? so easy, so yes, creating the right employment is the way to go, but it's if they need to, certainly, uh, bite the tax that 40 investment to create those factories. and as i said, also services not only, not only goods. as you mentioned, bangladesh, though, i mean its aiming to become a developed country by 2041 india. if we could bring it into your again, wanting to become a developed country by 2047, all these realistic goals. well i, i made my calculations comparing uh, try not to india on. i have to say it in. yeah. which to me is rather easy. cheap. so growth rate of around 7 percent, which is which is what india has had in the last thing. years for 20 years or so, which is basically the key your manufacturing process probably in the india is 35 percent of that but but as soon as you're by nice is very low, 10 is 60 so you keep that growth rate i think. yeah. in the could be

a mother can develop the economy by 2040 around $35000.00 or so. so what is, which is what china now would be in 2035. so you know, that would be a little bit convergence. um, but the 50, i think india, we'd be larger than double the population a larger economic size, but china, but many things can happen between them before that is just, you know, in the near, in the near projects. absolutely. okay. let's see augusta at arrow volumes seem to speak to you. thanks for joining us on counting the cost. the maximum change as the ultimate comes to the pre packed. his mail is usually popular across america, but it does take a lot of energy to produce food processing and heavy industries such as cement on concrete production account for nearly a quarter of us greenhouse gas emissions. the by the administration is announced up to $6000000000.00 in groups to help clean up thousands of facilities. the single

largest industrial d compensation investment in american history. the department of energy says the money will fundable them fuzzy projects and sectors including alam, menu, chemicals, iron and steel. nearly 80 percent of the projects will operate in deprived areas. the initiative will prevent an estimated 14000000 tons of carbon dioxide emissions annually. that's equivalent to guessing 3000000 costs off the roads for a yeah. to which one is now from austin in texas is robot. sure. what his executive director of cobb and track of north america office several but $6000000000.00 to be compromised. the c 3 projects across 8 different areas. let's zoom in on the mac and cheese exam. folks approved up to one. everyone's little been interested in that. what are the plans to reduce emissions with that project? well, i don't have the details. yeah,

exactly. are all the projects the here but the but all of these projects share a common theme and the common theme is taking something that is of commercial and commercializing in, in a particular context that will then allow the emissions reductions that can be captured by that project. to scale, but how do we go about that? well, so we need to these instances what, what the, what the government is looking for is we're really working out the kinks with a new technology. and by doing so, find out the most efficient way to, to do that process, whether it's what we get it, whether it's reducing emissions to the production of mac and cheese or, or, or, or circular economy concepts with respect to refining in other projects. in by doing so make it cheaper so that others can emulate those kind of projects as the industry as these various industries. heavy industries are hard to evade sectors, the car. yeah. so why is about industrial emissions from emissions from the heavy

industries and from these types of industries, us so hard to reduce, you can imagine that we have a number of sectors where what we really need to do is reduce consumption. so those are getting to the end user fossil fuels. those have alternatives that have become economics. so we see electric vehicles, for example, suppose internal combustion engines. as an example of that, we can also substitute the free and power the use of power from a gas generating plant by power as a wind and solar. lots of good bye with batteries as we increase the amount of renewables on board. but in some of these hard to of age industries, it's more difficult because we have issues like high uh, in amounts of heat that have to be generated as part of the industrial process or other things where fossil fuels have an edge and where there are commercial substitutes, and so the goal of this money is really to deliver more commercialized level substitutes for,

for those processes. so i'd be like there is to take what has been done in a change in these studies, the projects and replicates and across the country of the global aspirations for it as well. and i absolutely think so because you know, minds you part of this is to reduce the u. s. emissions in. so industrial missions in the us represent about 23 percent of, of us missions. but in doing so, also offer approaches to do doing that. they can be commercialized, scale, not just in the us, but also abroad. and i should also add that making those dimensions productions now may also make us industry much more competitive going forward. particularly if we see things like border adjustments on carbon as we're seeing out of the service, wasn't with us as, as one of the wells top colbin i'm, it says it's got a target to be net 0 by 2050. do you think it's going to hit that target as well? i think if you look at this from a linear perspective, so these projects is $33.00 projects in the are expected,

reduce that the one percent of us missions, right? so if you look at this linearly and say, well, we're not going to get there by 2050 if we're doing one percent a year, but is both part of the larger picture. and also really trying to use the as curves that we see in new technology deployment to uh, to discounts. so i wouldn't expect it to be linear year of a year, but to have uh, some kind of scaling as the costs come down. and that's what we've seen to, you know, with wind and solar, for example, i have projects i lost you based and deprived areas how they also set to improve the lives of the people who live in those areas. yeah, well, so a number of these projects have a couple of levels. so from, from a labor standpoint, a believe the, these projects collectively yours are expected to produce about $80000.00 jobs. many of them, as you note in, in areas that are what we would say are blue color areas. so heavy labor base the

jobs are going to be based there that's valuable. and many of the parties to these contracts also agree to employee labor. so unionized workers as part of the as part of the work. but i would also say that there are going to be co benefits because they're not just reducing the emissions often point source emissions. so emissions that are in those locations. but i believe about 85 percent of the projects are going to be reducing criteria, air pollutants. so those are other emissions like, you know, small pm 2.5 and other particular ones that would, that would otherwise have been a minute. all right, so it great to speak soon. thanks for joining us. a pleasure joined. thank you. both in old bridge collapse and disruption to operations that one of america's biggest pools is expected to have a major impact on the local economy. of questions are being raised on whether corners are being caught. a cities competes against each other to attract container

ship business, and whether they're avoiding, paying for necessary infrastructure upgrades to ensure safety. she pretends the reports. a suffering temporary travels are being opened on the perhaps go river, bypassing the wreckage of the, from cisco key bridge for small the marine traffic. but there's no timeframe for reopening the pulse of baltimore to major congo traffic. the volt ranch 9 for total us continue to inputs in 2023 number. that's the us of supply chains and global trade. another expected to be effected as cargo is re routed to other ports on the east coast. that's not much comfort for businesses in the baltimore region itself. louis cavities construction business will now have to make arrangements to try and school supplies by road or rail, from wherever his goods end up with things being re routed. and we don't know what the freight costs would be coming from pennsylvania offer for ginia. we

also don't know what the timeline is are. once the boat does reopen in folders, supply and companies in the region will return, but will freight companies who use baltimore to import goods for the us as a whole, having spent months establishing alternative arrangements at other rival ports? this is all over the course on the eastern seaboard that are able to receive massive ships with a capacity of up to 10000 containers. however, it is full of the fords in new york, new jersey and virginia will be able to handle v diverted, contain of traffic called our ship size is doubled since 1986, the donnelly is bigger than the eiffel tower. maximizing profitability for the freight companies. but a voltage will allow loses, it's making a container ship business as a result of this collision, it wouldn't be grimly ironic since the crash and so much that they have long been warnings with. and it's been to compete with other cities for these gigantic vessels to unload of baltimore corners of income tax pair of funds were being used

to attract freight companies through the building of bigger facilities for the ships to announce the profitability. but multiple wasn't ensuring that the bridge these mega ships would be traveling under was ready in baltimore. i mean, they dredge the channels, they widened the birds. they widened turning radius is uh they $4.00 to $5.00 or for a dock structures. but they actually didn't do anything to fortify the bridge, even though a car dealership had collided with it in 1980 of baltimore is to learn. recent studies suggest the 8 other bridges in the us are as vulnerable as the key bridge to a collision with a massive container ship. she ever times the outer 0 of accounting, the cost baltimore, maryland. i became one of the hits all from the working during the pandemic. more than 300000000 people use microsoft teams making it the world's most popular business communication service. but vials of the chat on video app accuse of

a legally crushing competition. and you regulate to say, bundling the platform with microsoft office products, maybe anti competitive. the u. s. tech jones is now making changes to how the app is sold. microsoft will allow business customers globally to buy teams separately from us office products. the app was added for free to office $365.20 teams says new customers now have to pay more than $5.00 for the stance loan up. the announcement by the tech john, come 6 months off to it and bundle the 2 products in europe in an attempt to avoid an e. you anti trust fine. let's take a closer look now at the crowns to this case. european commission received a complaint of possible anti competitive prices by microsoft in 2020 was by the owners of a competing workspace messaging app known as slack. you're paying commission opened a full anti trust investigation in july 2023 into microsoft bundling of teams with other office products. slicing,

anti competitive concerns. european commission is also investigating microsoft of all the anti trust consensus. they include the level of its fees and the ability of compressed messaging services to interface with office applications, microsoft width of fine, of as much as 10 percent of its global annual revenues if found guilty of anti trusts. breaches has racked up golden $2400000000.00 in a u. n. t. trust funds in the past decade. or joining us now from brussels. it's christina casara. he's a well known economist who's worked as an express on the most high profile on teach trust cases over the past 20 years advising both companies and go, let's say christina, you a well well place to be talking about this here on comes into the cost. thanks very much for joining us. how much of a victory is this for microsoft compassion says that space has now been made for alternatives like flash and zoom. what microsoft has done to activity has to be

sending. besides that, they would not explicitly for us to do this yet by the commission. we have fall from the stage where the european commission monday. so it's an outcomes, it is proactively seeking to deflect on site. what microsoft, this done is to say, okay, i'm, i'm bundling this, i'm essentially allowing people to create their own model. you want the office suite, you buy up a small discount. this is for new customers. you want to match it with the teams as it was before you think about you can buy jean standalone for a $5.00 price. if you don't want to use, you can still buy the suite, the magic with zoom or slot and they're easy. not proof of discount their to to do that. now the big question for competitors will obviously be, will lease that discount, do not do decide to devise people to buy that. the $2.00 discount relative to the

current price. is it gonna be enough full full users to see because works bio to buy their product and match it realty sweet. now remember the teams product is being sold. send a lot of $5.00, not so the price for the entire microsoft bundle of these and teams have so not some want. so the expectation is that that doesn't they, they, so they, the space in which this will be put, or any principle it does create some states. it does, but the problem is, isn't it, does it, does he relate to microsoft, the microsoft platform, it does everything. so well, it's so easy to use it so cumbersome to bring in different apps and different platforms to it. but maybe that just isn't room for single product companies in the

market. this is this fundamental question of many regulators around the world are corrupting with when it comes to digital platforms. the essence of digital tap forms is that they are echo systems and they find it very easy to extend the office of the off the products they offer. a multiple functionalities that if they do they use that, is that the user gets a seamless product which works well, which is integrated and this is down them into platforms. army. nope, the costumer gets a benefit. they buy a single product, it works seamlessly. they don't have to bother their head, we'd assembling different things together, and it works. the problem does this great, so they create, this is the base by them both are completed on slide slide slides, as we'll say. but how are we going to have this? so by, in this world, if there is no room for us to essentially insert ourselves into the bottom,

it goes to making created so any principally can work. so the problem is particularly acute we software, which is we work with microsoft does apply for means, because if you think about a business model as it was in the past, we will use to buy every 2 years and upgrade it to the software. now it's on a subscription model, we can't prize constant updates off the features and functionality. so the entire business model is based around i'm giving people more that's subscribing to my bundle and i'm continuing updates and innovating adding features. now that i get an increase of release of benefit for customers, but it leaves the question where do people stand when they're only selling one functionality? so what's the answer to this? i mean, microsoft essentially is looking at the commission, say ok i'm,

i'm honestly what a me it stops holding a problem. how far do you want us to go on and type business model is a bundle. you want this price all a cart, every single individual feature and functionality that, that in the, in the, in the bundle. do we think that that's gonna be good for customers? what to create and almost complexity? i know most companies. so my picture. so that is really what the question lines and it sounds like the e u d. c is struggling to regulate as well. christina can far as how do we do have run out of time. we will have to leave the interview. the thank you very much. taking time to join us here on counting the cost. thank you so much. and that is also for this week, but remember, you can get in touch with best buy twist, use the hash tag h a c t c. when you do on drop us an e mail, doing the costs at out, is there a don't net is address? it was a multi you online at out 0 dot com slash c t c. that'll take you straight to

a page with some individual report links and into episodes each the cap jump on. that's it for this edition of counting the cost. i'm nora kyle, from the whole team. thanks for joining us. the news on al jazeera isn't as pain and just closer to recognizing it palestinian state prime minister pedro sanchez, is that the forefront calling for israel 2 respects international humanitarian law . what i can tell you is that the situation will be gladly sought acceptable as an immediate cease firing. garza, there's an urgency to stop this terrible war and to open a new phase of sleep. peace precipitating the region. the spanish prime minister talks to l. g 0 is the biggest over the next and yet in history,

the world's biggest democracy pull up its own epic showdown in this final episode of speaking the port finally off the prime minister and the movie elevated in the global fetus. i will be take a long room under the microscope with them and how much is fact and how much is fiction to be in the port fox for? oh, no, just need a critical debate. ponies. farmers are angry, people are starving, and we actually have to experts. oh wow. good. because we've money to buy informed opinions. the relevance of the security council is diminishing with every passing day. frank assessments for addition to the highest level they've been using games for the political economy, service and course the rivals inside story. on al jazeera, the

challenge is era within the, the the anger instead of the 10s of thousands, closer the resignation of israel's prime minister and a deal to bring the captive tone. hello i'm going to put on and this is allen to 0, live from the house. so coming out, this is what used to be the emergency department. and as you can see, it's totally destroyed. officials from the world health organization get a 1st hand look at the scale of as well as the strong.