tv newsgrid Al Jazeera December 1, 2018 6:00pm-7:00pm +03
6:00 pm
resist president donald trump's protectionist measures but there was some progress as i said the task isn't done there is more hard work ahead to build resilient strong economies that support families everywhere in canada make no mistake we will stand up for our workers and fight for their families and their communities this summit is a historic event for argentina and an opportunity for president. who is struggling with double digit inflation and recession donald trump promised the investment argentina so desperately needs but talked about lots of good things for the united states including trade including military virtues. but on the streets of put aside this and trump was vilified as were all the summit leaders mainly left wing activists held a combative but peaceful protest the list of complaints is endless from the
6:01 pm
classical criticism of capitalist economics to a fifty six billion dollar i.m.f. loan to argentina which comes with calls for the belt tightening to the presence of the saudi crown prince these people here say they know that their voices will not be hard by the summit leaders but the point is to demonstrate that there are many here who will repeat a what some are calling a club of thieves and exploiting. at the donna president market he was literally moved to tears as the audience chanted argentina argentina the hope is that the enthusiasm will spill over into day two so that the world's most powerful club can reach some agreement on pressing issues like trade gender equality and climate change before they go home. you see in human al-jazeera when a site is so hands on al-jazeera. a powerful. craig shakes homes and tears up roads in the u.s.
6:02 pm
state of alaska. the u.s. pulls some troops back from mexico's border but extends the deployment of the rest . hello there is still a potential sometimes realise for showers as far north as bangkok that is not a huge numbers you can see most are further south in fact in peninsular malaysia down in singapore and you'd expect this time the they get a string of showers running through the open water to be wettest in indonesia you'd be right to think that the jakarta to east was through bali through sort of ways here this is regular fairly heavy daily showers because the sun's gone size which activated very very noticeable and stormy spring in australia which is still active from the point of view of what's going through the by keeping temperatures below
6:03 pm
the twenty mark in adelaide not much better in melbourne it's not some more guys that you could say hot in sydney was not far off their average b.r.s. not the heat wave anymore in quezon but as far as i know the fossil still there so in the risk is still there to clean new south wales but also in queens and purse warmed up twenty four a scattering of the green dots weenies showers in the outback but just the occasional ones nothing to spectacular that's just cross to new zealand having suffered a vast amount of rain recently things are slightly better but there's a northerly breeze which is full of most chefs the north island twenty one in oakland but probably went a bit dry on monday. on counting the cost the g twenty meets in argentina one year later what's changed zimbabweans. making
6:04 pm
a splash in kenya. counting the cost and i just you. know we got the top stories on al-jazeera former u.s. president george herbert walker bush has died aged ninety four he launched the first gulf war on iraq in one thousand nine hundred. twenty summit in argentina the u.s. and chinese presidents are due to discuss
6:05 pm
a truce in the trade war between the world's two largest economies the saudi crown prince was warmly greeted at the g. twenty by the russian president vladimir putin but most other leaders. he's widely suspected of ordering the murder of saudi journalist. and the wall street journal says that the saudi crown prince sent eleven messages to his closest adviser who oversaw the team which killed hours before his murder the newspaper says it's seen excerpts of the highly classified cia assessment of what happened president donald trump secretary of state say there's no direct evidence linking the journalists killing mohammad. we've been hearing about the reports of the cia the classified reports that they have a high level of confidence that muhammad the same as the crown prince of saudi arabia was the man who gave the order to kill him out how shortly but now we have. more glimpse of those classified reports by the cia including the fact that he was
6:06 pm
in high coordination with his top advisors find exactly during before and after the time the killing of them out how should she took place eleven messages the cia did not specify what type of messages whether it was what's up with s.m.s. messages or by e-mail how are the cia seems to have this report in detail and it is why they said they have a high level of confidence that conference of saudi arabia did order the killing they also mentioned that in august two thousand and seventeen that dealing with this amount she was top of mind for count prince mohammed was a man of that he told his aides that if we can't make him come back to saudi arabia we may do him to another country and deal with him riot police in paris have fired tear gas at so-called yellow vests protesting for the third successive saturday
6:07 pm
against fuel tax rises motorists are demanding presidents of money when my colleagues scrap a new tax on diesel to promote greener energy vehicles were torched and the famous songs there is a blog last weekend let's find out the scene this weekend bring in david chaytor joining us from paris david what are you seeing. well at the moment there are huge sections of the center of paris called and off by the police who put barricades up like the one behind me and we've already seen for hours before the demonstrations and due to start. many people wearing yellow vests trying to break through and the police responded very swiftly and strongly they force them back to use tear gas to stop them reaching into the seans of the said the whole of the area around the seans of the sea has been blocked up most of the shops have got boards up because of the scenes that we saw last saturday which were described as war scenes much
6:08 pm
like world war two in paris now something like four thousand police have been deployed to make sure those scenes on repeated but there are many other elements within the yellow vests movement who just simply donning those yellow vests which are ubiquitous here because every car driver has to wear them. during emergencies they are putting these yellow vests on and they could be and here say could be extremists of any hue and they look like they're determined to cause trouble to try and repeat those scenes and the police say they will be determined to try and keep them out but the bulk of the yellow vests who don't want violence are opposed to violence they simply want a stop to the reforms the hikes in the diesel prices that present a manual mark always pushing through because the climate corps here in paris promised that they would take action to try and cut down carbon emissions and diesel is one of the worst pollutants so he says that he's pushing ahead with those
6:09 pm
reforms he's in argentina at the moment but he's very aware of what could happen here and he's made it very clear he doesn't want to see a repeat of those scenes we saw last weekend but it does look like the very fractious mood here in the central paris of the moment and i think there is going to be a lot of trouble here and the police will be very busy yet again and david how much support do these yellow vests protests have across the country. well the great thing about the yellow verse movement is it has no organized leaders it's not like a trade union now. has faced down the trade union protests but this one is very different it's organized if you can say that on the social media and now there are various areas in paris and across the country where your authorized to hold a demonstration but with the social media it's very very difficult for the police try to control exactly where people will turn up this is not just happening in
6:10 pm
paris because you have crossed the whole of the country it's a very effective way of of issuing protests against the government because for the police it's almost impossible for them to control what's happening but here in this show it's an easy around the sean so these are nonstop two blocks away from the seans elisei like most of the other people here it's going to be a much more difficult for the yellow vests to get through in the numbers that they did last saturday but nevertheless looking around looking at the mood of the people i think they're pretty determined to try and get through and the whole reason behind this is that these hikes in diesel have actually caused real problems with the poorest section of france with those who live in the countryside they're the ones who have got public transport and t.v.'s the rich have fines those people here in paris a fine but in the countryside that's the real division they're the ones that are really pushing this yellow vest protest because their life depends on having cars
6:11 pm
and transport and they're the ones being hit by these increases in the cost of diesel fuel all right david chaytor giving us the update from paris thank you. well the u.s. says it will cut the number of troops at the mexico border from five thousand six hundred to around four thousand but it plans to extend the deployment of those left until january on the other side of the frontier off the frontier mexican authorities have been moving asylum seekers from an overcrowded shelter. to a nearby events hall but heavy rain is hampering efforts to ensure everyone has enough food and shelter. more from one of the camps in. u.s. helicopters have been buzzing the border between san diego and here to want to mexico even as the u.s. military says it is lowering the number of troops deployed to the border though it's tending their deployment until late january this is all happening as the central american asylum seekers who have been counting on this baseball field for
6:12 pm
more than two weeks are now packing up after two days of rain that turned these conditions unsanitary with outdoor bathrooms and people bathing exposed to the elements unable to keep their children dry the federal government of mexico has now opened an event center about fifteen minutes from here and is working to convince the last of these asylum seekers to board buses to go to that covered shelter that has not been an easy task though there are many here who are refusing to leave despite the conditions they say that because the u.s. border wall is so close their goal within sight that is the vision that drove them to walk more than a month from their homes in central america to skate violence and poverty the vast majority of these seekers say they denounce the attempts to cross the border illegally they say they will wait even if it does take months or even more than
6:13 pm
a year to file their asylum claim with the u.s. authorities that wait is because the u.s. is accepting fewer than one hundred asylum claims a day leading to that day after day of struggling to get to the next for these the central american asylum seekers a white former u.s. police officer has been charged with murder for killing her unarmed black neighbor in september ball than jean was shot dead in his own home in dollars texas. says she walked into a wrong apartments thinking it was her own and shot jean taking him to be an intruder she was initially booked for manslaughter prompting criticism that the charge was too lenient a grand jury has now upgraded it to murder. aftershocks are being felt in alaska following a magnitude seven earthquake no casualties have been reported in the most northerly u.s. state but there is widespread damage and power cuts and gallagher reports. this
6:14 pm
is the moment a major earthquake struck alaska's largest city in want to encourage courthouse staff took cover beneath their desks as building shook the magnitude seven quake left highways buckled buildings damaged and thousands without power. you see the ground is cracked the windows are shattered out and we peeked inside and though it looks like part of the silly came down too so far no casualties have been reported but the damage is widespread and officials have recorded at least forty aftershocks the good news at this point in time is we have not been made and we're serious injury or casualty beyond the property casualty. but again we are just hours after a very significant earthquake the aftershocks are still continuing and laskar is no stranger to earth quakes the most powerful quake in u.s. history hit anchorage in one thousand nine hundred sixty four measuring
6:15 pm
a magnitude of nine point two the shows are now assessing the damage with the state's governor making a disaster declaration as the cleanup continues and a gallica al-jazeera hackers may have stolen information from as many as five hundred million guests of the marriott international hotel chain the hackers targeted the chains starwood reservation database over the past four years it could be one of the biggest data breaches on record exposing credit card details passport numbers and birthdates the affected hotel brands include the w. hotel st regis and sheraton the f.b.i. is investigating. movie stars from arab countries and around the world are gathering in doha this week as the sixth geo film festival kicks off in the qatari capital besides providing a platform for local filmmakers this year's event features a wide range of international films for more than thirty countries. reports. and what would you get to this is made in qatar one of the highlights of the annual
6:16 pm
film festival it consists of sixteen short films directed written and starring and all qatari cast. and this was their moment in the spotlight will be for very old very quickly film festival has become more international eighty one films from thirty six countries are taking part including twenty four films from the arab world and forty four by women filmmakers the theme of this year's festival is a voice for generations of course that insisted we select interesting films for the people to hear to see films that are of like a social meaning that helps them you know impose positivity and played forward and look forward you know to a brighter future. that willingness to introduce arab films to the international cinematic stage is what brought one of the biggest stars in hollywood to joe hockey
6:17 pm
and so curious to see what i can take away from and learn from the qatari filmmakers because i assume they're coming at storytelling from a completely different perspective than we are in the west and there's only something to be gained from seeing their storytelling. domino is a kaffir now is the award winning film by lebanese director nadine the baki because it has already won the jury prize at the cannes film festival and will be submitted for the academy awards it tells the story of a. old boy lebannon who ends up suing his parents for bringing him into this world when they can afford to take care of him. this emotional and powerful film has received rave reviews across the world and all highlights the as ya'll. but beyond that it speaks to more universal issues of poverty human rights and the global refugee crisis. the film's writer and director
6:18 pm
says it is critical for people to see these issues in films it's important that we acknowledge that of course we all know that this exists and that it's important that we change or so i point to that we humanize the program and that's the way simonis cinema is important because it does humanize the program a growing festival in a culturally diverse arena encouraging local and regional filmmakers to pursue their passion and tell their stories to the world's door such a pari al jazeera doha. hello again the headlines on al-jazeera former u.s. president george herbert walker bush has died aged ninety four he launched the first gulf war on iraq in one thousand nine hundred one and ushered america to the end of the cold war as the soviet union collapsed bush was part of an influential
6:19 pm
political dynasty his father was a senator while he and his son george w. bush were presidents world leaders are in argentina for the second final day of the g. twenty summit the u.s. and chinese presidents are due to discuss their trade war the world's two largest economies have opposed tariffs on each other's imports leading to concerns about the impact on the global economy. the wall street journal says the saudi crown prince sent eleven messages to his closest adviser who oversaw the team which killed in the hours before and after his murder the newspaper says it's seen excerpts of the highly classified cia assessment of what happened president donald trump and secretary of state say there is no direct evidence linking mohammed bin to the journalists killing right police in paris fired tear gas at so-called yellow vests protesting right now for the third successive saturday against fuel tax rises
6:20 pm
motorists are demanding president so many. new tax on diesel to promote greener energy vehicles were torched in the famous. former bosnian military commander nasir or it has been acquitted of war crimes or it's led the defense of the besieged town of srebrenica and was accused of killing three serb prisoners the town fell to bosnian serb forces in one thousand nine hundred five who killed more than eight thousand men and boys or it was hailed a hero by bosnian muslims but denounced as the butcher of bosnia by many ethnic serbs the u.s. says it will cut the number of troops at the mexico border from five thousand six hundred to around for thousands but it plans to extend the deployment of those left until january and on the other side of the frontier mexican authorities have been moving asylum seekers from an overcrowded shelter into to a nearby events hole but heavy rain is hampering efforts to ensure everyone has
6:21 pm
enough food and shelter many migrants have been living in tents while others are in shelters made from trash bags those are the headlines counting the cost is coming up next on al-jazeera. the important thing if you were walking around in beirut was not to be in the line of fire from the holiday or. the last we heard gunshots i was the first one to flee the hotter. the battle lasted three days and three nights and there were no prisoners at the control of the and you control of the region around that's why it was such a bloody battle an icon of conflict at the heart of the lebanese civil beirut holiday. hotels on al-jazeera. has a seeker this is counting the cost on al-jazeera your weekly look at the world of business and economics as leaders from the world's richest countries meet in latin
6:22 pm
america we'll ask if the g twenty could be facing an identity crisis also this week petrol food and medicine shortages what's changed for zimbabweans since the fall of robert mugabe. plus motoring blues why general motors restructuring plans make us president donald trump unhappy. who runs the world well when it comes to the economy it could be argued the g twenty does these are the group of countries that generate eighty percent of world output they also burned more fossil fuels than the rest of the world they are in fact the dirty rich and if you want to change the world surely it starts here the group was formed in one thousand nine hundred ninety nine but took on greater importance in the wake of the global financial crisis of two thousand and eight its purpose to develop global policies to address today's most pressing challenges
6:23 pm
these days the g twenty finds it hard to agree on almost anything let alone trade disputes migration and climate change and this week's summit was in argentina the first time a south american country got to host a meeting that i suppose has more. the mothers of glass of emanuel have been demanding to know the whereabouts of their missing children since they disappeared during argentina's dictatorship forty years ago. the g twenty gives them a chance to take their message to a wider audience. the city is under siege it seems like we're under curfew but we made it here and once again we call on world leaders to stop the policies that create hunger poverty and that hurt the working class. they were into low thousands of people are promising to take over the streets of one aside as. in spite of these protests this is a historic event for argentina and an opportunity to be at the center of world
6:24 pm
affairs even though there are several issues overshadowing the main objective which is to build consensus on crucial issues like climate change and inequality. among them the presence of saudi crown prince mohammed bin solomon and the request by human rights watch to investigate him over the murder of journalism i casually. skilling has changed relations between saudi and the western world. in one way mark on says he's ready to talk to the crown prince about what happened sure to take care of sure i have always been very clear in the case of saudi arabia and i will inevitably have the opportunity to discuss it with the saudi crown prince on the margins of this g. twenty meeting donald trump arrived in when a site is ready to discuss the trade war between the united states and china he's cancelled he's meeting with russian president vladimir putin after the seizure of crane and ships by russia at the crimean peninsula. this protester all the
6:25 pm
way from the united states carrying a baby trump balloon he's been an activist opposing the u.s. foreign policy since the vietnam war we would like the president of the united states that are a little bit more mature adults if i was going to boil. it down to just one statement it would be that we think it's asinine that he's on twitter we think it's asinine that he's such a lens that he. picks fights seems to want to take the smallest and lowest road instead of the high is this mass yoga session was organized to help leaders concentrate on resoldering their differences. to protest around when a site is will remind them how hard that task is likely to be. other g. twenty is made up of nineteen countries the european union is also a member collectively g twenty members account for eighty five percent of global economic output two thirds of the world's population and seventy five percent of
6:26 pm
international trade. joining me now from sydney is tim harcourt economist and author thanks very much for being with us so let me ask you first of all how much importance do you attach to the g twenty is an organization is it is it still an important forum for exchanging views or has it kind of lost its way since two thousand and eight well i think it was a very important organization in two thousand and eight during the global financial crisis and the finance ministers g. twenty was an invention of a strike year and south korea it's one of the few forums where you get the major powers together in a somewhat like this i think it's still got its relevance particularly at a time when we need good international economic institutions another big issue of course and a very contentious one at the moment is the whole issue of climate change and what to do about it two big reports there were out in the last few days on the cost of
6:27 pm
this two economies in the u.s. and in europe is there any consensus among countries about what to do or country like australia is heavily dependent on fossil fuels for export revenues so in some ways the burdens are being shared quite properly and in some cases the expecting developing countries to share some of the burden right of the time when industrialization is actually pulling a lot of people of poverty so they're probably less less willing to to give up some of that some of that momentum they've been able to get in countries like china india and indonesia i expect there won't be much consensus on climate change in terms of causes but also in terms of what solutions you use whether the market mechanisms or not if i'm not mistaken this is the first time that a south american nation is hosting the g.
6:28 pm
twenty summit what does this summit mean for argentina. which is of course dealing with its own very serious economic problems right now it's been a matter of dunbar from a argentina because in some wise in terms of resource and down meant in terms of agriculture manini and immigration detainees should be like a study about it says situations of light who have let it down i think in many cases there's countries in south america that are doing quite well like peru and chile colombia members of the pacific a lot small sergeant trainers probably be one trouble spot in south america even though. the army did prize argentina when there was a pilot this year i think the mine thing is to restore trust in the institutions because argentina does have very good have down months of mining and agriculture and a very strong vice of human capital large and tons do very well around the world so that can tap into that great reserves of human capital then they can have some
6:29 pm
chance of maybe in term recovery but certainly they'll try and use the prestige of the g twenty to focus on some of the better aspects of the of the argentine economy . and there are of course a lot of changes happening in the digital world right now on the internet and this year in particular has been a big one for the whole issue of data privacy addie think the twenty is the g. twenty nations as a whole and tackling that it's a very interesting question because in some ways the g. twenty nations that are. a good boy the great information in the great information rich kept most institutions in the u.s. and japan they're using data mining for consumer driven behavior whilst countries that have a bigger tradition of social control china are using data mining for social control
6:30 pm
with its own citizens in terms of their own social credit so i think they're both tech clean with asylum issues of had together data but they're putting them to quite different purposes i think in the cases of the kepler sort of the g twenty they're using it to buy sickly drive consumer behavior and better target demand whilst in other cases they use that will for internal social control which is actually quite a worrying trend probably not what some of these great great leaps in technology was was meant to was meant to perform tim harcourt in sydney good to speak with you thanks very much for the time thanks having me on. all right still to come on counting the cost if it were a country the ocean would be the seventh largest economy on the planet looking at the trillion dollar economy. for first microsoft over took its tech rival apple as the world's most valuable publicly listed company this week it's been sixteen years since the software giant has held
6:31 pm
the top spot microsoft shares jumped three percent on wednesday pushing its market value to eight hundred fifty billion dollars it's become a major player in the cloud computing services world britain's economy will be worse off outside the european union no matter how it leads that is the upshot of a report from the bank of england looking at post briggs it scenarios in the worst case where britain crashes out of the block with no deal the central bank says the economy would shrink by as much as eight percent in a year well under the agreement being pushed by prime minister to resign may the economy will be about four percent smaller over fifteen years a woman may face a much wider wage gap than commonly cited data indicate that's according to a new study by the washington base is huge for women's policy research economists there analyze the incomes of men and women who work for at least one year between
6:32 pm
two thousand and one and two thousand and fifteen the new study found women earn just forty nine cents to the typical men's dollar far less than the eighty cents usually reported of thousands of jobs will go in the largest restructuring by u.s. car maker general motors since the two thousand and eight financial crash the planned closure of five big car manufacturing plants in north america is a blow to u.s. president donald trump whose promised to turn around the industry she has written see reports. estimates for the number of jobs lost as general motors restructures are as high as fourteen thousand seven hundred some eight thousand white collar the remains of factory workers the plants affected are in michigan ohio and maryland in the u.s. and on teria in canada production also you see said to as yet unnamed plants outside north america by the end of twenty nineteen in lordstown ohio workers despaired not just for those being laid off but for the whole community for every
6:33 pm
one of our jobs they you know i've heard around seven jobs on the outside are. obviously impacted so you know not only not only the folks that are working. in the parts applying sector but look at the grocery stores right look at the restaurants the doctors' offices the hospitals g.m. says the layoffs on necessary to adapt to a changing u.s. kamarck it sales of sit downs are down as sales of s.u.v.s and trucks grow the company also says it will focus more on autonomous and electric vehicles it's been ten years since general motors was bailed out with taxpayer money a fact not lost on the united auto workers union which is about that the decision will not go unchallenged g.m. has production decisions in light of employee concessions during the economic downturn and a taxpayer bailout from bankruptcy it said put profits before the working families of this country whose personal sacrifices stood with g.m. during those dog days these decisions are a slap in the face to the memory and recall of that historical american made
6:34 pm
bailout we must step away from the empty work of thinking of seeking simply the lowest labor cost on the planet g.m. exceeded expectations with better than expected third quarter earnings of two point five billion dollars boosting shareholder value and monday's announcement led to a further rise in its share price g.m. says it will save six billion dollars in cash as a result of the restructuring this is a blow to the old trump he said his corporate tax cuts will help save the u.s. as manufacturing industry the president has repeatedly boasted about his role in g.m.'s future job creation and on monday he said he remains hopeful i'm not happy about it that car is not selling well so they'll put something else i have no doubt that it is not just that but something else they'd better but something else as a result of trump's economic policies the trade deficit is going to nearly double over the next five years it's going to cost millions of manufacturing jobs two of the plants affected are in swing states that ricky trump's victory in twenty
6:35 pm
sixteen the president's pitch to the american workers who voted for him is frank. but to zimbabwe now the country is trying to reboot its economy one year on from the army that overthrew robert mugabe president emerson man and god where was elected last year lie but his government is failing to attract much needed foreign investment and thousands of zimbabweans have been are protesting how tarsa has more from the capital harare. the last time opposition supporters protested was back in august when six people were shot and killed by soldiers they are back on the street after the police assured them they'll be safe if they march with peaceful they once about his government to fix the struggling economy create jobs and bring down food prices they also say president bush should resign insisting he still elections in july. well that then there's a price is of letting. someone know yes i was close and i got on board but i was.
6:36 pm
one of you on this mission that was. when i got was it'll take a long time for the economy to recover and that zimbabweans need to be patient. government because of the enemy. it's just. a lot of times of raleigh mummy mignolet. now knowledge there is nothing that is not. some fuel pumps are dry most risky because of shortages is the second fuel crisis in just over a month it's also a shortage of foreign currency especially the u.s. dollar. the main opposition leader insists was administration has failed he says levy more protests if the situation doesn't improve we joining me now from london is charles robertson global chief economist at renascence capital good to
6:37 pm
speak with you again charles so one year on how would you assess things are zimbabweans better or worse off after robert mugabe a saturday or still worse of this there's still huge challenges now particularly on the currency side on the banking side. still a lack of foreign investment going into the economy so it hasn't got better yet let's talk about the lack of foreign investment wise. do you think part of the problem is that the elections didn't win an international seal of approval so the e.u. condemned them the problem with that is that it makes a deal with the i.m.f. to the world bank and the african development bank to clear up big arrears zimbabwe has and to reduce their foreign debt that sort of deal becomes much harder without international support and if you don't have a clear foreign debt story situation then it's harder for companies to say this is
6:38 pm
the right economy for us to invest in the government a saying that all of this takes time and there counseling patience was it realistic to expect things to change much in a year after decades of of corruption and mismanagement it was it was the best case scenario the difficulties as a lot of power politics still of play in zimbabwe the top priority of the finance minister seems to be reform he wants to address a ridiculously large budget deficit some of the policies he's attempted to push through since early october look like an attempt to try and bring realism to the currency rates as well but it takes it takes strong political will to push through tough reforms and they that that has not been conveyed across to the population that this is the united view of everybody in government that they should be going on this one course you mentioned earlier inflation in zimbabwe what's the what's
6:39 pm
the big challenge there what's going on there it's they tried that they've got this problem where the currency is that the foreign currency is the dollars that you have had in your bank account in zimbabwe for years since the last out of five for inflation two thousand and eight people have just been putting dollars into the bank accounts they can now take those dollars out of the bank accounts. and the changes since early october seem to suggest they never would be able to. the government meanwhile has printed a lot of these a bomb notes to finances so for the election it gave big pay increases into your bank account if you work for the government but not an actual cash dollars because there weren't any and all of this is contributed to to inflation and severe shortages i took my twelve year old daughter to zimbabwe a few weeks ago for what it turned into a lesson in front ereka nomics he saw fuel queues that would take an hour for people to get fuel empty shops with with all the shelves in
6:40 pm
a shoe shop gong and wildly varying black market rates our market rates for the for the currency as well i mean where he was it's become very messy in the last couple of months if things are put right does zimbabwe have the potential to do to do well economically does it have the natural resources in the agriculture there to to to flourish only i mean absolutely we've done looking at developments for from countries in south asia africa and latin america tells us you need three things three hundred underlying things to really take off to industrialize to to become a middle income country. and those three things are education and zimbabwe's got and has had a great education system for many decades a second have got to have electricity and zimbabwe's got plenty. and then thirty eight high investment now and that's where zimbabwe's been lacking so even beyond
6:41 pm
the fact that they've got great mining resources and good agriculture resources which they do which can make a well off country to the tune of say a thousand two thousand dollars per capita g.d.p. what's fascinating about zimbabwe's it it has all the other resources the electricity and education it needs to be a five thousand ten thousand dollars per capita g.d.p. country it just needs good policy. and it's it's quite shocking to see that it's had these very good inheritance is for such a long time now in the one nine hundred eighty s. zimbabwe was an industrial nation manufacturing was more than twenty percent of g.d.p. now it just got blown by bad policies could this escalate though i mean things going to get worse before they get better the risk for zimbabwe today is is still things like agriculture going wrong there's talk of an el nino events or one of these you know periodic times when when the harvests get very bad and we had one
6:42 pm
a few years ago and that really does hurt a country like zimbabwe. you've also got the issue now that if savings are repriced from what was you put in one dollar you could take out one dollar you did put in one dollar but now you can only take out point three of a dollar and they're going to be called zimbabwe notes if that's happened then the basic zimbabweans would have lost their savings twice in a decade hyperinflation in two thousand and seven i and now to have them read to nominated into a much weaker currency a second time in a decade i think that it's going to take such a long time for zimbabwe to restore confidence why would anyone put money into a bank account now in zimbabwe any time in the next five to ten years i think it could be a real challenge to get people to have faith in the banks but if they don't put money into the banks there's going to be no money for lending and no money for investment beyond what foreigners might bring in so this is i think some some
6:43 pm
really significant challenges now for government charles robinson thanks for being with us as a. and finally some years ago economists put a monetary value on the resources off. they estimated the ocean or blue economy to be worth twenty four trillion dollars catherine reports from a conference which made a splash this week in nairobi on the sidelines of the world's first blue economy conference delegates are treated to a show of clothes and bags profited from fish skin all the way from the shores of lake turkana in nothing kenya to that. and other seaside regions designers he has say the future of fashion can include fish skin. looks like nothing else you see in the markets but this conference is more than just about fish and fashion delegates are discussing how to harness a sustainable water economy that is valued at up to six trillion dollars and to
6:44 pm
protect assets worth an estimated twenty five trillion not even twenty two make us cities. more than ten million fifteen the cities and ninety five percent of the trade is from that will study. this is what dozen of. these really mean and we have to look at it in the hall because system. time transport systems and coordinated anti-piracy operations how full fishing practices and poaching plastic pollution as well as destruction of coastal eco systems make it difficult to fully harness the potential of the economy people from around the world from europe and asia even as far away as latin america are coming to africa waters to fish and they're doing so without using those resources that make sure that this is stable and that none of the world is coming to africa everybody asked
6:45 pm
stuff about how important this conference is schools addressing the gathering including heads of state have all the right things about doing. more to protect what the resources empowering local communities and of stories and growing economy but there's also concern that this may be another talks with many good ideas but. organizers of the event see the real work of staying true to commitments made here begins now we want to focus on the leaders coming here and making commitments about what they will do in their countries not for the world but in their countries and it is the aggregate of what they're saying that we shall use to conceptualize what the world will be doing for the economy at the end of this three day conference heads of government and agencies committed to put in place policies to build a sustainable blue economy they've also promised to help poor countries build capacity to more effectively patrol the seas and oceans as well as strengthen
6:46 pm
political leadership and international cooperation all right that is our show for this week remember you can get in touch with us by tweeting me at as you see there and use the hashtag a j c t c when you do drop us an e-mail counting the cost at al-jazeera dot net is our address there's more for you online at al-jazeera dot com slash c.t.c. that will 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 has a secret from the whole team here thanks for joining us the news on al-jazeera is next. a recent u.n. report has given renewed agency to the fight against climate change over his threats like sea level rise at this year's climate talks in poland and the international community seize the opportunity to take concerted action starting with al jazeera the latest from the front lines of the climate crisis from the
6:47 pm
conference itself over one hundred years ago britain and france made a secret deal to divide the middle east between the now we can draw them in the second episode we explore the last thing the effects of this agreement that there is a regional set to six because it's at those borders were drawn with consulting the people who have to live with the. psychs pekoe lines in the sand on on just. for nine hundred forty six to nine hundred fifty eight the united states detonated dozens of atomic bombs in the marshall islands when the u.s. was getting ready to clean up and leave at least nineteen seventies they picked the pit that had been left by one of the smaller atomic explosions and dumped a lot of this cutrone and other radioactive waste into the pit the bottom of the
6:48 pm
dome it's permeable soil there was nowhere for her to line it and therefore the sea water is inside the dome when this dome was built there was no factoring in sea level rises caused by climate change now every day when the tide rolls out radioactive isotopes from underneath the die roll out with it. really. we're not talking just the marshall islands we're talking the whole sweep pushing. this is al jazeera. you're watching the news headquarters here in doha coming up in the next sixty minutes the former u.s. president george h.w.
6:49 pm
bush the man who ushered in the end of the soviet union and presided over the first gulf war has died at the age of ninety four. showdown at the g twenty the u.s. and china search for a truce in their trade with. the police in paris fire tear gas to disperse hundreds of protesters rallying against fuel tax rises. to sports the search gets underway for a new venue for africa's biggest football tournament as cameroon stripped of. the forty first president of the united states george h.w. bush has died at the age of ninety four america through the end of the cold war and his troops led the first gulf war practical hain looks back at his life. five
6:50 pm
months ago said i'm insane started this cruel war against kuwait tonight a battle has been joined with those words u.s. president george herbert walker bush staked a place in history his successful campaign to drive saddam hussein from kuwait was the one term president's most significant accomplishment the son of a wealthy republican u.s. senator bush served in the second world war and was elected to two terms in the u.s. congress in the one nine hundred sixty s. president richard nixon became bush's mentor appointing him in bassett or to the united nations in one nine hundred seventy i shall resign the presidency of nixon resigned in disgrace but bush a savvy political survivor became head of the cia in one thousand nine hundred eighty six after eight years as ronald reagan's vice president bush entered the white house in one nine hundred eighty nine after a savagely negative campaign less than a year after taking office bush sent troops to invade panama to overthrow manwell noriega a corrupt military ruler who had turned against the us sat him was worn over and
6:51 pm
over again. the defining moment of bush's presidency came in august of one nine hundred ninety when iraqi tanks rolled into kuwait he ordered a massive military buildup consulted with allies and worked closely with united nations. american forces flooded into saudi arabia and established bases a development that later was cited by osama bin laden to justify attacks against the us once underway the war did not last long iraqi forces fled kuwait in a panic to retreat but bush refused to order an advance toward baghdad opting not to topple saddam. in the aftermath of the war bush's popularity quickly began to fade one pledged change to define and haunt his reelection read my lips. that put broken and his chances
6:52 pm
hurt by a viable third party candidate he was defeated by bill clinton in one thousand nine hundred two. but before leaving office bush ordered one last military adventure invading somalia to end a famine that invasion sparked a guerrilla conflict with mounting u.s. casualties president clinton hastily pulled out the troops radicals came to believe america was afraid to fight. in retirement bush nurtured the political careers of his sons george w. and jeb but when george w. became president in two thousand he kept the elder bush at arm's length publicly making it clear he wasn't seeking his father's advice their bush's final years were devoted to charitable works teaming up with his former rival bill clinton to raise tens of millions of dollars for victims of the indian ocean tsunami and later for came katrina's out of office he was a much more popular president than his son honored by the u.s. navy with an aircraft carrier named after him. and more to the nation's highest
6:53 pm
civilian medal by president barack obama. in his final years he was occasionally hospitalized for breathing issues he told his granddaughter in a television interview he didn't fear death but spoke emotionally reading a letter to his family member. me they're ready when you are well me they're ready when you are my for that matter how many grandkids to watch. about it. is. that he said he didn't worry about his legacy that would be for others to take up and many of his actions in iraq somalia and saudi arabia had fateful consequences that unfolded years later the war is over with the benefit of hindsight historians will now debate how well george bush served his nation and the world well
6:54 pm
former u.s. presidents and other world leaders are among those paying tribute to george bush sr q eight simmias. says bush sr tried to quotes create a new international order based on justice and equality among nations and he never forgot the kuwaiti people and will remain in their memory former u.s. president barack obama said george h.w. bush's life is a testament to the notion that public service is a noble joyous calling and he did tremendous good along the journey current president donald trump said this through his essential authenticity disarming wit and on wavering commitment to face family and country president bush inspired generations of his fellow americans to public service to be in his words a thousand points of light illuminating the greatness hope and opportunity of america to the world. well while the legacy of bush's foreign policy may focus heavily on the first gulf war he also oversaw the final chapter of the cold war
6:55 pm
between the u.s. and the old u.s.s.r. the year he took office one thousand eight hundred nine the berlin wall came down it was a major symbol of cold war divisions and of the hard line between east and west this came as the soviet premier he'll go but off pushed major reforms at home in pursuit for warm relations with the west in one nine hundred ninety one bush and go bitch off sign the start treaty with both sides pledging to reduce their stockpiles of nuclear weapons by the end of that year the soviet union had collapsed and split into several independent states many praise bush and his predecessor ronald reagan for their handling of the demise of the u.s.s.r. let's talk now to nicholas or coffee joins us from moscow he's an assistant professor at moscow state institute of foreign relations nicholas circle of welcome to the news hour here al-jazeera where you are what's his legacy. well george george bush left
6:56 pm
a mixed legacy for the russians on the one hand his rule was a honeymoon honeymoon for for russia and honeymoon for the u.s. the relations were perfect i mean by that let's roll relations we managed to a set of foundation for nuclear disarmament and it was a great achievement and russia was eager to develop ties with the west russia was eager to develop ties with the u.s. so this period was perfect but then the legacy later legacy it was disappointing to disappointment because russia in the media of the ninety's finally suddenly found that it wasn't treated as an equal partner and there were also economic troubles the u.s. in the beginning of the ninety's helped russia with humanitarian aid and sent it konami devices but these economic advisors convinced the government to fast track economic reforms and that was a disaster and in the in the middle of the decade the economy was in ruins and
6:57 pm
people suffered so they edit you did sneak one the one hand he was the man who helped us to end the cold war but on the other hand he actually fostered the spirit of the soviet union and some very dire economic consequences were also blamed on george bush sr is that wholly fair however given what happened to be held gorbachev in the aftermath of glasnost and perestroika in the aftermath of ronald reagan saying mr gorbachev tear down this wall because what really happened was there was a coup boris yeltsin ended up in the top job as the russian president there were tanks on the streets of moscow literally one thousand nine hundred one one thousand nine hundred two and the aftermath of one nine hundred eighty nine in the events surrounding eastern europe and then the only guy moved in and they divvy it up they divided up russian industry for themselves so that the russian economy the problems
6:58 pm
of the russian economy you can surely lay that at the door of george bush sr. well there would the comic advisors from the us well actually did their best to convince the government to have foster liberalization of the economy and for the saudi and economy it was a disaster because it simply fell like a house of cards and people have to deal with the consequences debt was the problem because now people say that we should have followed the chinese example with griddled reforms and gradually first of all gradually economic reforms and gradual political reforms instead of this fast change but the problem was that the soviet union simply collapsed simply collapse under the burden of economic troubles under the burden of international pressure so. but still many things especially are blamed on george bush the senior by the general public people think that he
6:59 pm
convinced to go but shelf to withdraw and then later. yeltsin to withdraw russian troops from germany and from eastern europe and do people think that he also convinced the government to have those liberal economic reforms so there is mixed at it you know i would say that is still his grade as a student was the end of the cold war and and the nuclear disarmament still we leave according to the start one start to treat it as if they are the pillars of the b. of the peace currently so that was an important achievement but. taken to consequences for russia people tend to forget about this ok conversation then a kolesnik of joining us from moscow thanks very much live now to washington and correspondent d'iberville it is under so gabriel tributes coming in from far and wide. yeah they are it's a little after five in the morning here in washington d.c. so it's still over night so
7:00 pm
a lot of americans are going to be waking up to this news of the passing of former president george h.w. bush but we did hear overnight from several people with tributes primarily number one his son george w. bush the former president as well in a statement that read in part he said george h.w. bush my father was a man of the highest character and the best dad a son or daughter could ever ask for a statement read in part the entire bush family is deep grateful for forty one's life and love for his compassion of those who have cared and prayed for him we've also heard from former president bill clinton as well who defeated bush in the one nine hundred ninety two presidential election he put out a statement that also read in part.
43 Views
Uploaded by TV Archive on