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tv   Cote d Ivoire Partial Justice  Al Jazeera  October 1, 2017 8:33am-9:01am AST

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yes to put their case well the industry is looking at selling outside the bank system. the system is now strongly regulated very controlled the state is heavily involved so that's why we feel it would be easy to show that we have nothing to do with drug trafficking or money laundering business is being done illegal enterprises controlled by the state. he says pharmacies a queuing up to sell marijuana but the financial obstacles have been removed this is normal and this legal is growing tomatoes a backroom backstreet industry is emerging from the shadows and taking its place in mainstream europe one society those involved say there's no going back. europe one uses say legalization has seen the illegal drug trade reduced or the stigma attached to marijuana is receding. now you show you going into a business premises which is open to the public so now you're not in danger. the
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move still has opponents both here and abroad but you know why is growers and smokers similarly want to use is now so normal many a wondering what all the fuss was about. still to come on counting the cost the tiny bolt of country of a star in your already has one of the internet's most recognizable brands but how do you replicate skype success. keep watching to find out how this country is putting tech innovation. the first some other stories we're watching this week saudi arabia ended the kingdom's reign as the only country in the world of bans women from driving movies less about addressing gender inequality than an effort to modernize its economy women still only make up twenty percent of the workforce according to the world bank women face gender based job restrictions in hundred economies around the world. are the world's largest mining company
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b.h.p. billiton said twenty seventeen will be a revolutionary year for electric cars it is predicting electric vehicles will make up around eight percent of the global car fleet by twenty thirty five and that electric future will be felt in the metals market especially copper that's because fully electric vehicles require four times as much copper wiring as a petrol or diesel car. james dyson the inventor of the bag less vacuum cleaner is turning his attention now to the electric car market he is designing what he says is a radically different car from current models that will go on sale in twenty twenty budget airline easyjet also announced this week it wants to fly electric planes within the decade it's teaming up with the u.s. start up right electric to build an all electric airliner. now a trade dispute between the u.s. and canada is threatening the jobs of thousands of workers beyond north america it
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involves u.s. aviation giant boeing and canada's bond body the u.s. has slapped tariffs on the new bond body a c. series plane boeing claims the new aircraft are being unfairly subsidized northern ireland is caught up in this route to as daniel lak reports now from toronto several years behind schedule and more than a billion dollars over budget bombard the series passenger jet is finally flying a modest number of planes have been ordered including by the u.s. airline delta but this u.s. commerce department ruling in support of a complaint by rival boeing could trouble the price of the bombard planes and this government is holding crisis meetings obviously were disappointed by the decision and i will continue to play hard for going to jobs canada's not standing alone in the u.k. bombarded is a major employer in northern ireland where the largest political party props up
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prime minister to resign may's government she's expressed bitter disappointment so have workers at the bombarded a factory in belfast who want britain to take action of its own against boeing that's we're going to lose are you going to speak that's what the politicians need to realize that. we sell for. one of our cars commercials a suite. and they need to. for se to believe that they need to sell less. those jewels or us canada too is said it will take a serious look at future business dealings with boeing a five billion dollars deal to buy fighter jets from the us company could be scrapped according to the prime minister justin trudeau but the country also says it has legal means to challenge the ruling at the world trade organization and under the terms of the north american free trade agreement nafta with president trump threatening to scrap that agreement the current talks to renegotiate nafta haven't been going well canada says it invests in not subsidizes bombard and as it
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points out the u.s. has bailed out general motors in the past and gives boeing preferential treatment by some measures canada and the u.s. have the world's largest trading relationship but it's growing more hostile by the day now the oil market has been in a slum for the past three years but could it be turning a corner crude prices are now up twenty percent from june lows so that means we are officially back in a bull market for the first time this year so what's going on well for starters worldwide demand for cost of strengthening according to the latest quarterly report from the international energy agency oil demand is up two point four percent year on year on the supply side production cuts by opec russia and other producers of also helped tackle the oil glantz geo political issues are also a factor in independence votes in the oil rich iraqi region of kurdistan has inflame tensions turkey has threatened crippling sanctions on oil trading with iraqi kurds. so joining me now from strasburg is professor jeff camo yani jacomo
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is the co-director of executive master in international oil and gas leadership at the graduate institute in geneva thanks for being with us so what do you put this rise in oil prices down to is it all about what's happening in the kurdish region or is there more to it than that though i think what the what's happening in the kurdish region is certainly sparking. speculative tended to the worries higher prices but what's what there is behind it is especially demand demand increases higher than we expected which is not surprising because prices have been low and saw consumers are keen to to use more oil and oil products. all opec made that decision at the beginning of the year to
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bring down supply. so that they would like to think that they they had a hand in this rise in prices but is that with wishful thinking on their part now of course it's always a matter of demand there's hoopla either supply has decreased somewhat and we have had some withdrawal from the stocks there is heated debate how much withdrawal from stocks really there as mean has there been just a shift in stocks from one country to another country. this is difficult to say stocks continue to be large so there is no immediate reason for an increase sharp increase in prices at this stage process may. be strong but then we'll have to see what the response of supply will be especially supply in the united states from shale oil which at these prices is likely to start
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increasing quite rapidly let's talk more about that then what is your outlook then for the next few months with oil prices do you see these prices continuing to rise and if so are up to what level i think prices now are heading towards a level of sixty dollars per barrel if. this had to come by sooner or later by that sixty dollars per barrel there are plenty of plays her specially in the united states but also in canada because i'm quite interesting quite profitable so supply will increase also the discipline among producing countries may start to erode people may start saying that after all there is no need to maintain. production at the low level in the tendency the temptation to in. resupply will also be there so i don't expect the prices me rise much above
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sixty dollars bottle at any point in time in in the next year so how would you assess the overall health of the oil industry right now when the oil industry is. i believe doing fundamentally well. there is an equilibrium of demand and supply stocks are being slowly reduced. i do not expect any dramatic changes in prices i think prices are kept within a fairly narrow range which we may define as fifty to sixty may be. as we reach two thousand and twenty they may get to sixty five but i am skeptical about any sudden change in prices. except if there is some kind of security or a military threat which then would start
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a speculative flare up but it would be a fear of you know if prices increase very high for a short period of time this doesn't have much importance in fact but looking at this long term when you look at things like develop further development towards electric cars united kingdom recently said that they were going to phase phase all fossil fuel cars by by twenty forty if you look at china they're heading in that direction as well and china is of course a huge buyer of all right now what sort of an effect is that going to have on the industry as a whole long term it will have an effect but it should not be exaggerated the word this not the or or france or china even and you know china is a very important country but there are other important countries and in i think the
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two thousand and four days not exactly around the corner. more of the twenty years to get their perception of me change the future of electric cars has to be proven it will be proven i believe. this is it then they would see that will play out but progressively so even when when people speak of. demand this should not be viewed as. a matic after which there is a collapse in the net and i think there will be a longer period in which. we remain in demand but perhaps it is the man will not grow as much as it has grown in the past. good to speak with you professor. thanks very much for being with us thank you
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and finally if you're going to have a digital discussion where better than the birthplace of skype or a challenge reports from tallinn estonia coding kids these are stony and children haven't started high school yet but already they're programming robots you can really like. teach people. it's really love to learn my dream job. but. the aim is to create a generation with a smarter relationship with technology digital skills for everyone and if all goes well someday one of those kids might be able to build another skype this is easily estonia's biggest tech success story the company has to make video and voice calls over the internet and was bought by microsoft in two thousand and eleven for eight point five billion dollars startup entrepreneurship is a natural fit for
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a country that spent the past two decades turning itself into one of the most advanced digital societies in the world going to proud to say that that's a really big influence there because like when they start their function does for the boot camp then it just created a bunch of wealthy people who could invest finally i think it's because as soon as paul and people know each other so people went like oh i went to high school with this case if they can do it so can i yarn is now an investor in new estonian startups here and i'm trying to learn spanish like a language learning out linguist i asked its chief operating officer whether being a stone in makes young companies here think differently it's very small it's one point three million people. so with domestic market basically it doesn't exist so it means from within you one you need to think global startup culture and
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overcoming the country's diminutive size also inspired the estonian government's the residency program costing one hundred or so dollars and a residency invites business people from anywhere in the world to remotely create a company here and gain access to the country's streamlined digital infrastructure it doesn't bring in much money but it does foster the network's estonia values you need to have a tax expert on a go it's person to have a virtual theists and if you need a scanner services who put you in touch with. companies so it makes a snowball effect and a lot of is some companies benefit from the services they provide. estonia believes countries will one day compete for the residence based on the quality of their digital services and business environments if that prediction is correct estonia already has a significant lead. on next week's show we'll be looking at donald trump's tax
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ambitions why his opponents will only increase the gap between rich and poor that is our show for this week you can get in touch with us by tweeting at has him seeker and do you use the hash tag d.c. when you do or drop us an e-mail. dot net is our address but there's more for you online at c.n.n. dot com dow take you straight to our page which has individual reports links and entire episodes for you to catch up on. that is it for this edition of counting the cost and hasn't for the whole team thanks for joining us the news on al-jazeera is next. ever since i was a little boy in india my dream was to make bollywood films so five years ago i decided i was finally going to do it one man's quest to realize a lifelong ambition the story. of my one village and its transformation
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