in the majority can we have seen nothing from that he deemed i am forty one years old and i can hardly make a living well hoping for better moves to sideline beautifully can i lie is a continuing the intelligence chief bashir talked to has been fired and earlier this week eight businessmen had their passport seize as their investigated for corruption state television showed a clearly frail eighty two year old beautifully kept handing in his resignation on tuesday and i think what's happened now is that certain grad schools are being settled the result is that our target is no out of office and that begins to remove some of the infrastructure of the boot of the the regime but it will only be a beginning and whether it really lies a change in the institutions of a state or not that i doubt very much. is now in the hands of a caretaker government but the protesters have made it clear they once accept a new president from look prove why that's the nickname for the trench the war

veterans and business tycoons of the country. and what julian wants is a civilian government they want to get a little destructive that exist today statements by the chief of staff suggest he will listen to the people obviously we didn't does duns this and the goal of the military will be supervising from a distance all still with it but eventually underlings would want the boot to go back to its bollox. and leave the politicians to do the business feat and one in every four algerians under the age of thirty is on employed the economy is dependent on oil and gas beautifully because attempts to stand for a fifth term as president frustration with the status quo to be paid now those elections will be is three months time so far no obvious successor has emerged chos

strong put al-jazeera. still ahead on al-jazeera and leaders of a moroccan protest movements military appeal against long prison sentences and the pharmaceuticals family being shunned by the os well that it's a long supported. hello again it's good to have you back here cross parts of south asia we are seeing more rain making its way towards the north this time of year that involves parts of northern philippines as well we're going to be seeing manila attempt a few as well schooling up to about thirty five degrees there hope she meant seeing some clouds and rain in your forecast at thirty three and by the time we get towards sunday and into monday it is going to be rising to about thirty five degrees there as a regular down here across parts of australia we are dealing with cyclon wallace

here across that northwestern coastline notice the clouds right there it is going to stay offshore we think over the next few days but it's still going to bring some a very gusty winds probably for the coastline as well as some clouds maybe even showers we could even be seeing some rip tides it could be quite dangerous for this time of year down towards the south though high pressure is dominating most of the area and that means temperatures over the next few days are going to be quite nice we're going to see adelaide at about twenty three degrees here on sunday and the system is going to be pushing through across parts of tasmania as well temperatures should be coming down across much of that region with more cloud. it's in the forecast so for adelaide we do expect to see a tempter coming down to twenty two melbourne a nice day but a little cool day if you are twenty but up here towards brisbane it is going to be a partly cloudy day with plenty of sun with a temperature of thirty one. council because this week libya's wealth has pitted east against west we take

a look at the war economy how it conflicts with brushing back fires this is what ukraine's most important economic region a white international investors a president of bodie with india's election turn to the post on al-jazeera. welcome back our top stories on al-jazeera the head of the united nations has told libyan warlord honey for hopped off to stop his advance on tripoli after us forces

say they've reached the southern op skirts of the libyan capital in a push against the internationally recognized government. hundreds of thousands of algerians have rallied in the capital for the first time since the resignation of president abdelaziz bouteflika they want his eyes to go as well and. thousands of protestors have condemned the government saying it's not doing enough to solve ethnic violence the demonstration one of the biggest in recent years follows the killing of almost one hundred sixty villages from the for nonnie group priyanka gupta has the details. anger over the killing feel it is not directed at preston to bring. protesters gathered in the thousands of the captive bamako in one of mali's biggest demonstrations and. protests to say the government and u.n. forces are not doing enough to stop the bloodshed going to increase. mali is going through a multidimensional crisis we have witnessed killings that mali has never known in

its history in its entire history last month at least two hundred fifty seven people were killed in the more the region members of the dog and ethnic community have been accused of carrying out the attack on full lani herders in the village of . the two groups are often in conflict or access to land the killings are believed to be the deadliest incident of ethnic violence in mali in a generation opposition parties and some religious leaders say the president has failed to act. today president kicked his regime is condemned his prime minister is not capable of resolving the country's problems you must accept the people's will which is democratic change transparency in the country's management not using millions against each other seventy three oppressed and k. to has said he delivered justice and has replaced office top generals saying millions need to feel secure despite

a peace deal in twenty fifteen his government is struggling to control several active armed groups linked to al qaeda and i saw violence is fast spreading into neighboring countries like booking a faso chart. and the un says wouldn't tree million people in mali are now in desperate need of food and humanitarian aid. dizzier germany has asks the european union to find us a fourth for refugee rescue ship stranded in the mediterranean sea sixty four people were rescued off the coast of libya on wednesday by the german charity c.i. the ship was refused entry into malta and italy. a coach in morocco has upheld a ruling against leaders in a series of demonstrations that began in two thousand and sixteen forty two activists from the hour here on protest movement or sentenced to up to twenty years in prison for a government accuses them of orchestrating demonstrations in the northern raif region the on race was sponsored by the death of

a fisherman but turned into wider protests against the government neglects. boeing is cutting production of its seven three seven max eight aircraft by nearly twenty percent the jets so grounded worldwide after two of them were involved in fatal crashes that killed three hundred forty six people boeing says it will also set up a panel to review the plane's design. now a u.s. family that's been celebrated for its financial contributions to the arts has become notorious for its role in a major drug epidemic the sockets are fighting several nossel company per do farmer is accused of don playing the risk of addiction to opioids christianson only has a story from new york. this sculpture is meant to call attention to an addiction crisis and those that the artist believes are responsible in just one year opioid drugs killed forty seven thousand americans the u.s. government estimates that eighty percent of people who use heroin like artists

dominic esposito brother first became addicted to prescription opioids in spain is basically the symbol of sort of you know my mama call me screaming at the top over long as it should fall another this is really kind of at the peak of his addiction six seven years ago and for me this is kind of like this dark ugly truth pharmaceutical companies like produce in the family which owns it the sac lawyers stand accused of making billions of dollars by encouraging doctors to prescribe a painkiller whose highly addictive properties were downplayed. now sackler money tens of millions of dollars of which has been donated to museums all around the world is. being seen by many in the arts world as tainted sparking demonstrations like these that major institutions after this one at new york's guggenheim the museum announced they'd no longer accept the family's donations after the guggenheim became the third museum to sever ties with the sackler family trust the trust announced that for the time being it would stop making donations

altogether the news came on the hills of the announcement of a new federal lawsuit against the family in addition to several others already on the books including one filed in massachusetts and another here in new york art experts say efforts by museums to publicly distance themselves from the sackler family is unprecedented it's very unusual it's the first time that i've ever seen anything like it usually the way that these things work if there's a sort of problem in terms of ethics and fund raising the institutions are giving out or accepting it usually ends very quietly the sackler is who are fighting some of the lawsuits and have settled others say they don't want to be a distraction for museums for do was really the grandfather of all they were the masterminds behind why we find ourselves in this epidemic right now half a million lives lost all because of corporate greed but a family once known as patrons of the arts may now be better remembered for their

role in one of the worst health crises in u.s. history kristen salumi al jazeera new york. almost twenty five years after the london genocide the french president dominion mako has appointed a panel of experts so investigate france's actions at the time my call has also met representatives of a survivors' group and a touch about makes payne's wife from paris. at the lease a palace the french president met tutsi survivors of the nine hundred ninety four rwandan genocide france's relationship with rwanda has been strained for twenty five years of regulations by kigali that france was complicit in the massacre now emanuel mark karr says it's time for truth he's appointed a commission to investigate france's role at the time and announced more resources to track down genocide suspects who fled to france marcel could bander who lost

family in the genocide welcomes michael's initiative that. it's important for people in france rwanda for survivors and humanity to know what happened it's a step in the right direction because the narrative is no longer that there is nothing to say but that there is something to say. the killings were on a monstrous scale militias armed by the hutu majority killed eight hundred thousand people mainly from rwanda's tutsi minority at the time the french government was an ally of the hutu leadership during the massacre the french military set up what was supposed to be a safe zone there's some say they did little to stop the killing for a quarter of a century french leaders are being guarded and secretive over france's role in the genocide in twenty ten former president nicolas sarkozy admitted france made some errors but he stopped there about all my car once relations between paris and could go only to improve but he knows that the back to happen france must face its past

one president paul kagame a has rarely had patience for french politicians but last year in paris he praised mackerels approach but not everyone is convinced that things will change this historian curated an exhibition on the genocide paresis show a memorial she questions what will come out of michael's commission that counts even in these two and a pleasure exclusive not my fear is it will be history written from an exclusively french point of view we know a lot about france's role alongside. it is criminal regime but the facts are stop enough that could be much more emphasis on sarkozy's comments about errors it could be seen as an act of courage if we could properly face one of the darkest chapters in fronts of history the commission's research will be revealed in two years if it finds that france played a role in the genocide it may anger those who believe the past shouldn't tanishq france's image today but it could also send

a message to keep ghaly that paris is ready for honest reconciliation with sasha butler al jazeera paris after threatening to do so for years the u.s. is preparing to declare iran's revolutionary guard a terrorist organization iran in turn may put the u.s. military on its terrorist at acorn has more from washington. it would be unprecedented this would be the u.s. basically saying i'm part of a another country's military is part of a terrorist organization so what does that mean that allows the us to designate them in that restricts their travel it makes it a crime to provide material support to the revolutionary guard and it would be a potentially freezing assets that they have the united states although it seems highly unlikely that iran's revolutionary guard has any assets inside the united states so there's concern here according to the wall street journal there's might pump a zero secretary of state john bolton national security advisers long time hawks on iran that they're pushing the president to do this the other side you have the cia

and the u.s. military warning that it's unlikely that this will do the amount of damage to the iranian economy that they would like to see at the same time saying that this could put u.s. troops at risk in so much so that central command might issue a warning to u.s. troops to be on the lookout for any potential reaction so these are two sides that are squaring off trying to move the debate to the public sphere whether or not they do this we don't know and it is potentially going to have a lot of blowback the other countries and for example those who are in the nuclear agreement they're already trying to come up with a workaround for the u.s. pulling out of the nuclear deal this could provide even more incentive for people and those companies to try and find a way to work around the u.s. financial system to pakistan now where rising prices are putting pressure on the population inflation has reached its highest in five years pushing up the cost of fuel and electricity it's a particular problem have taken have to take

a second job just to stay in business commodified every force of the islamabad countryside. it's morning in the religion of kerala and though we'd been stick around green this is reynolds god pharaoh dean takes his goats out to graze this place that then thirty kilometers from islamabad has been evolving for more than seventy years but he said his field is not big enough to sustain his family and a few years ago he turned to buildings gordon was on hold. to make extra money but now he didn't electricity and fuel prices that has to change there my paternal gum got me and i used to be able to work but now i'm too old but i've already trained my sons and now it's time for them to carry the burden as i take care of my go and it's a problem being ferried around pakistan especially in poorer communities like these the government under prime minister imran khan say previous governments are to

blame for overboard rowing and leaving the country in day but under an agreement with the i.m.f. for a bailout package easy agreed to devalue the rupee and that's led to rising inflation the effects of inflation are being fed even in rural area close to that capital islamabad although to be buried grow their own crops they don't have been our land and said that despite a link cost of living means they have to find or turn a day of employment not far away his sons are busy on a construction project to make extra money you do need what they yeah the new government promised to low prices but instead they have increased we also have to pay more for harvesting our wheat because of rising elektra's in fuel prices we have to work extra hours to cope. this farmer says things have never been this bad so you're lucky for it you're not

a buzz and god has been kind in giving us land if it rains we get something but if it doesn't we get nothing the rising cost of essential commodities makes it even tougher we can only hope the government will do something more for the poor most people in this area war did for enron correspondence dan terry ken soft or justice party they say that's because their promise to bring people out of poetry and get buggered stones economy back on track now they say they can only wait to see if things will get better all go from bad to worse. on the outskirts of islamabad. again i'm fully back to vote with the headlines on al-jazeera the head of the united nations has told maybe and one of the tiny for have talked to stop his advance on tripoli after us forces say they've raised the southern outskirts of the

capital and a push against the internationally recognized governments i still hope it will be possible to avoid the bloody station in and out all tripoli. and the united nations remain. available to facilitate any political solution able to unify the libyan institution. whatever happens. the us will remain could be to and i will remain committed to support the libyan. libyans these are these security prosperity and the respect of their human rights in algeria hundreds of thousands of people have run it in the capital for the first time since the resignation of president abdelaziz bouteflika they want his on lies to go as well the country's intelligence chief a close on eye of the former president was reportedly fired on friday thousands of

protesters in mali have condemned the government saying it's not doing enough to stop ethnic violence they marched in the capital bamako demanding the resignation of president abraham boubacar kaita the demonstration follows the killing of one hundred sixty four villages members of the rival doggone community suspected of carrying out last month's attack according morocco has upheld a ruling against leaders of a series of demonstrations that began in two thousand and sixteen forty two activists from the are here on a protest movement were sentenced to up to twenty years in prison the un race was sponsored by the death of a fisherman but turned into protests against government neglect and the boeing company has announced it will cut production of its seven three seven max eight aircraft by nearly twenty percent the jets are grounded worldwide after two of them were involved in fatal crashes that killed three hundred forty six people boeing says it will also set up a panel to review the plane's design those are the headlines on al-jazeera coming

up next year is counting the cost stay with us. benjamin netanyahu is fighting for a fifth term as prime minister of israel using his friendship with donald trump fears over security and race but he faces corruption charges and a trio of former army chiefs trying to gather to unseat an opponent's sense a chance in the upcoming israeli elections get the latest on al-jazeera. hello i'm adrian figure this is counting the cost of al-jazeera your weekly look at the world of business and economics this week a war economy a divided nation two central banks and debt piling up libya's wealth has pitted the east against the west. also this week our conflict with russian backed fighters has hurt ukraine's most important economic region plus we find out why one of india's

most trusted economists has cast doubt on the nation's economic growth. almost eighty years after the fall of want to get off his regime in libya the country is deeply divided between east and west a war economy has enriched armed groups the battle to control the country's oil fields is ongoing as the forces of hell if i have to advance on tripoli al-jazeera is laura manley explains how he's funded after four years of recession improved political and security arrangements have seen the economy bounce back or oil has underpinned that growth but it's also the cause of the ongoing political tussle for control of the country's wealth. while the united nations backs the internationally recognized government in tripoli in the eastern city of al bayda there is a parallel government affiliated with the to brook based parliament and the

warlords. and it's backed by saudi arabia the u.a.e. and egypt both governments have their own central banks the central bank in our beta city has sold bonds worth more than twenty three billion dollars to fund its wage bill watterson prints up money for tripoli russia has printed ten billion dinars for the parallel ministration in the east. libya is a wealthy nation it's eighty billion dollars in oil revenues and foreign reserves are managed by tripoli but have to has seized oil fields in the east and the south of the country to pay for this and to keep the economies head above water libya's state own national oil company plans spend fifty billion dollars to increase production to prevent two thousand and eleven levels as the country's debts keep piling up there's very little inclination for all sides to come together.

and the conflict in libya is not based on ideology thoughts or different situations what's going on in libya is a conflict of well such a conflict has to be sorted out in a sense that what has happened during the last eight years should be stop the system before was a big failure as it was based on collecting money plundering the wealth and exploiting influence for more plundering record hearing and corruption. even as the un has bridge the divide for negotiating a ceasefire in tripoli a new thirty four billion dollar budget and in trouble in the all crescent selami those benefiting from the chaos. is not normal of all the fun in libya new million every single day at a time where the potentials of the medium class a shrinking where they are also in libya a lot of officials insist to stay in their posts which allow them to get fortunes that are not invested at all in libya unfortunately in libya in our region they seized the public money for investing it and laundering it abroad. the east

continues to set up ministries and oil company hiring thousands of soldiers and civil servants the central bank plans to sell more debts to finance its new ministries raising doubts the two halves of the country have any desire to unify. sure there's a manly for counting the cost out is there are. serious economics at it and it only spoke to ricardo fabiani a geo political analyst at energy aspects he began by asking if the united nations envoys assessment that the conflict had nothing to do with ideology and everything to do with the nation's wealth was true. i would tend to agree with the u.n. special envoy on this i don't think ideology really police any significant role in the conflict if anything ideology tends to be a layer or an excuse that's what sides and to use in order to increase their

legitimacy especially abroad especially nationally actually when you look at median call flip what emerges is that's what really matters is it's all about are controlling the brands whether it's all or whether it's access to foreign currency and the militias have been fighting each other particularly in places like tripoli exactly because they need and they want access to the rants your in order to reduce tribute it and to affect only support their patronage that it's and what do nations like saudi arabia the u.a.e. and egypt hope to achieve by supporting cully for half the al. well there are long term goal is basically all about the beneath you first of all the stuff that is asian of libya particularly when it comes to a country inject the show has a very long and porous border with libya and is obviously concerned with the

problem of terrorist groups using crossing the border to in order to attack egypt but when it comes do you do the u.a.e. and saudi arabia. is equally important but obviously what they care about is their suppression of the is the most groups that are seen as part of the western libyan government the west and caliche and they believe the how we've asked our is part of their sort of ideological war you of anti islamism basically the opposition to that was the brotherhood in more intern or all across the region so if you are going to look into ideology people like hamas there also is on the other side use ideology to boast and to use their own legitimacy in the eyes of our nerves like saudi arabia and the u.a.e. so is there an end in sight i mean if you consider what's happening on the east

side of the country you've got a parallel economy you've got institutions being created that doesn't seem like an endgame where if somebody wants to unify the country it's not necessarily a game and most importantly a military end game to the conflict remains despite all the planes and all the posts from eastern front people after claiming that they can actually aim for tripoli they can conquer to tripoli in the next few weeks this is still remains and released even though you controls now two thirds of the country yes trying to build parlow institutions in eastern libya is trying to centralize. our last importantly the end game here remains a negotiated settlement now the point here though is that in the eyes of people a hostile or a negotiated settlement right now with him controlling two thirds of the country is

a negotiated settlement on easter so somewhere like some sort of agreement where he can be the most important dominant player exactly because you controls two thirds of the country and it controls most importantly more than ninety percent of all the resources in libya so all the conversation is shifted here it's now all about empowering hafter and convincing or the other parties to join him even though it might not like him it may not want him. as a teacher effectively in charge of the country and to that end the twenty three billion that the central bank in the east has raised and the money that's being printed and sent from russia is that to help him in the schools. well especially when it comes to support from russia which has been i would say quite a bit us in the survey asked are do you want to support him but not want to be seen as exclusively backing somebody like hastert who is the want to look without room

on these are the kind of measures that they can use effectively to support him you know her subtle way it can still be seen as supporting after y.-o. not really throwing all their support so yes all these financial measures are i would say tools that are used to give some degree of some financial support a half star who needs to entertain to support a very large other niche network and obviously to support. these of its army which continues there continues to grow balls in terms of color territorial control levels in terms of the number of soldiers and officers that are not part of it is this side or so after he controls the oil but he's not able to sell the oil so this is this of course the problem for him right. not necessarily i think

it's a misreading of what actually hearthstone seeming for what he wants is to be seen as a legitimate player in that you can call it most importantly as somebody who can bring stability and therefore can be trusted by international community so for him actually controlling the oil is an instrument it's a tool that he can use to boost his all legitimacy he can basically go to the international community and to the west in particular and say look i control the oil here and yet i'm not trying to sell it in. i'm still keeping everything as it is on the arrangements are still buying it or i am the person who can bring orders to move into your sector and i will not attempt to send an independent yes of course he did try to pass to do this then was more sort of isolated a tent rather than a strategy that he was seriously pursuing ricardo fabiani thank you very much for

your time thank you still to come on counting the cost it's bigger than apple alphabet and amazon combined we take a dive in the saudi aramco is financial. but first an actor who once played the president of ukraine in the hit t.v. show is leading the race to unseat president petro poroshenko whoever wins the second round run off will inherit a deadlocked conflict in the east with russian backed faces now into its fifth year the war has hurt ukraine's most economically important region drained public resources and exhausted voters and there's no end in sight now to zero as jonah hole reports now from the city of mary a pole where the conflict is never far away. in ukraine's war zone a new breed of entrepreneurs. alexi used his disability payout as an injured veteran

to set up a pizza business. being given a motivator in war people are happy to spend their money rather than save it because they know anything can happen at any moment. he's not particularly enthusiastic about the upcoming presidential election. and back. because of their spinelessness it took volunteers to protect this country where the leadership was too weak to protect it it's all soldiers like alexi from the port city of mariupol formed the hours of but tally and in two thousand and fourteen famous for preventing russian backed separatists from extending their territorial gains in the donbass region all the way to the sea but mario poll has paid a heavy price it's once busy port sits idle empty of the cargo ships that carried steel and coal produced here to international markets russia's efforts to disrupt sea traffic off the annexed crimea peninsula include illegal cargo inspections and

a bridge built across the current strait that's too low for larger vessels heading for mariupol to pass beneath you more but if. they can forgive us that our country is in the band until zenda stands that ukraine is a free and democratic country unfortunately it will be hard to establish these. then late last year an unprovoked russian attack on three ukrainian navy boats twenty four captured ukrainian sailors are still being held in moscow and international shipping is far less frequently seen in these waters since last november's attacks on those ukrainian naval vessel suggested russia had new territorial designs by strangling traded ukraine's two main force on the sea of as of russia has taken effective control of this inland sea off the coast of crimea. in response president petro poroshenko declared martial law in the east if he

thought that would win him votes he was wrong with more than thirteen thousand dead this country is no longer united behind a war it can't win anna knows that despite losing her brother on the front line in two thousand and fifteen she says it's time for peace. he died for ukraine to be trained for the ukrainian language to be spoken to the crane to be an equal strong european country that hope of a bright future has begun to fade on the shores and battlefields of eastern ukraine now more and more americans are struggling to pay their rent on the problem isn't just limited to major cities eight million people in one hundred fifty two rural communities are struggling without decent homes poverty job losses and a lack of government programs are fueling the crisis gallica reports from florida across rural communities in the us a crisis is unfolding with potentially

catastrophic consequences affordable housing is in desperately short supply while the rents for existing homes which are often in disrepair a rising to one affordable rates. it's a story that panetta al gray may knows all too well like many in rural communities she's paid minimum wage and will be facing brants of close to two thousand dollars if she had found help her message to politicians is simple everything is so high you know everything is expensive and we don't get paid more. so everything goes up but our pay doesn't get goes up they say we still get paid as a minimum wage so we can afford it panetta in a family now live here at rural neighborhoods in homestead rents a subsidized by the government as the projects like hitting are in vocally short supplies and we lose business and if we lose businesses. the hoods

president stephen kirk says if issues like funding new construction and government intervention on to dressed the future for rural communities is bleak it may just require low interest loans that may require. some police ferenc but without the we're we're killing rural america we're killing rural towns and people have to leave to find jobs in other places and then they face a similar problem in urban america across the u.s. newly arrived migrant workers the elderly and the poor a facing a crisis that if left unchecked will have consequences for the entire nation in many places food banks are busier than ever direct effect but the rising cost of living what projects like rural neighborhoods do for families is give them dignity and security but the picture for eight million others across the u.s. is growing increasingly desperate experts say one in four rural communities is now facing an affordable housing crisis set to get worse if it's not addressed. as

india prepares for elections prime minister there under modi is fighting his campaign on security the threat of terrorism from pakistan rather than his economic track record but a former governor of the indian central bank has cast doubts on the country's growth numbers rajon said that he doubted that india was really growing at seven percent the respected economist warned the greatest problem for the country was job highlighting twenty five million people had applied for just ninety thousand jobs on the railways he called on the government to improve the collection of jobs data despite those concerns most investors expect moody's ruling coalition to retain power the widely followed s. and p. b.s.e. sensex stock index roared to a record high which is surprising as of the last month it was one of the region's worst performers so what's behind the surge well international investors have snapped up a net four point three billion dollars in indian stocks in march the biggest

monthly total in two years so why are overseas investors buying indian stocks let's find out joining us now from london you and thompson the head of emerging market equities at neptune investment management and runs an india fund good to have you with us so we've got this full reserve bank of india governor calling into question the real rate of growth in india what does that mean to you as someone who invests in the country. but then you look at india you've got a country which is always demonstrating really alysa growth premium in terms of economic growth relative to the rest of merging markets i think what you get with india is always this this great premium you get an earnings premium you get an hour a week premium so it was a very attractive market i think right now in the short this clearly a lot going on in terms of the political roadmap ahead with elections coming up and i think the results of that will obviously have a particularly significant impact on the reform goes and where growth goes i think in the short term that there is obviously

a question of election how that will play out in terms of growth i think when you take a step back you've also got to consider that no india really has that level of growth which is frankly pretty consistent regardless of who is in power so you actually get five six percent growth as ready as a bedrock and then you can get that extra growth on top of that so i think you know within emerging markets over a longer term if that growth rate is pretty consistent there obviously right now there is quite a high degree of uncertainty whether it's from outside of india the fed looking at bond yields looking where the dollar is looking where oil prices are i don't see within india in terms of where the election is going to sort of come out in the end of may in about a month's time as an investor does that not make you nervous and the relationship between india and pakistan to show that must be cause is just us here i think when you look at india one of the things i want to keep given what's happened with kashmir is that india actually one of the sort of least geopolitically affected markets within emerging markets so clearly within you have

a number of markets which are extremely sensitive to the broader geopolitical events and actually what you have in india is largely a country which is removed from most of the major geopolitical issues now what you do have clearly is the frictions across the border with pakistan particularly surrounding kashmir therefore it's actually quite ironic in a way that since these tensions most recently fled in february you actually see that the markets behaved relatively well. and actually that this situation is diffused to an extent so actually this is the one geopolitical issue that can sort of arise for india it actually india's been one of the better performing markets since this has kicked off and actually as. tensions really settle down this is really sort of moved out of the headlines which is an extremely rich showing as an investor so in a way this flash point we've seen recently is very very happy to see that that has sort of defused as the last month has gone on but also we see that actually f.b.i. investors have actually put about six or seven billion dollars in india over the

last six or seven weeks which is from the point in me if every when we started see these tensions varying up so i think that is not always because looking at it sort of geopolitical tensions are running for the door actually we've seen quite the opposite over the last month and a half there's no doubt that the country has huge potential well educated population a entrepreneurial class if you like as an investor what is it the you're looking at when you make investment decisions in the country absolutely so i think you know we open the conversation just now talking about the elections coming up we're also talking about the sort of the growth rate prospects in the short term for me as an emerging market investor looking over the longer you know with my eyes of broad am hat on and looking at a wide array of a virgin market the thing that makes growth really sustainable is just meet the the quality. of the people in the quality of the companies that we're investing in i think when you look at india so from my perspective i see really of the best

companies best run companies in emerging markets i see a very very talented workforce and huge demographic potential of the country and i see a strength of institutions and i think that really can't be overestimated the importance of having a strong and independent central bank you want to have an independent judiciary and oversee as we see with the election india is. you know the world's largest democracy and that is going to be there. straighted new billion people go to the polls in the next month so i think we'll leave that long term framework for growth in terms of institutions in terms of that demographic growth potential i think that's what you're getting as well as the talented people who run the companies that are in the workforce that's really what you're accessing when you're looking at new growth and off in the short term there is all this noise but think of the longer term that's really where the capacity to have that high return on equity comes in here and really good to talk to you on counting the cost many thanks indeed for being with us thanks for having me saudi arabia has released financial details for the first time since the one nine hundred seventy s.

the data shows the reserves of the world's number one oil firm a much lower than expected despite that saudi aramco has still overtaken apple road dutch shell and exxon mobil to become the world's most profitable company some of the java deports. one of saudi arabia's most highly guarded secrets is out or at least partly revealed the state oil company has unveiled data for the first time since the one nine hundred seventy s. saudi aramco had to publish the information in a prospectus for potential investors as it prepares to raise capital and buy a petrochemical company called sobbing the data also raises questions about the size of saudi oil reserves betrayed by the revenue to run the kingdom that of our oil field is one of the world's largest surprise in the prospectus is that the around close its production capacity is three point eight million barrels a day now that still is far away the largest feel in the world what people are

concerned about as it used to produce well referred to in those days what we've understood over the years is that this is an intentional reduction of capacity in the war the sabot purchase comes after saudi aramco plans for a public share offering their i.p.o. was put on hold last year it was meant to be the world's largest which saudi arabia evaluated at two trillion dollars the i.p.o. is not only going to be about whether those interests it's also going to be about whether salaries are prepared to offer their crown jewel their most important company the thing that is very rabia provides all the revenue for the country or the bulk of it are they willing to really put that overseas and put them in a position where you know people could potentially have lawsuits against it you know make claims against it and i think a lot of people in saudi arabia have think very carefully that's what they want to do. the data shows that tax pays to the state has been greatly reduced to investors there are also questions about crown prince mohammed bin solomons ambitious vision

twenty thirty the investors look at these all of these aspects technical influence on government interference and government in their oil company operations and then of course the overall sustainability of saudi regime in the next ten twenty years money raised from around cause business and potential sell off is at the heart of diversifying the saudi economy which so far remains a distant vision and that's our show for this week if you'd like to comment on anything that you've seen you can get in touch with us tweet me i'm at a finnigan on twitter use the hash tag a j c t c when you do or you can drop us a live counting the cost of al-jazeera dot net is our e-mail address as always there's plenty more if you all live at al-jazeera dot com slash c.t.c. that takes you straight to our page there your fight individual reports links even entire episodes for you to catch up on but that's it for this edition of counting the cost of adrian figured from the whole team here and thanks for being with us the news on al-jazeera is next.

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al-jazeera where ever you. this is al-jazeera. good to have you with us on al-jazeera i'm hella markets in with the news our live from doha coming up in the next sixty minutes overnight fighting on the outskirts

of tripoli as warlords heavy for have to those forces close in on the libyan capital. the. algerians are promising another round of protests despite their long term president's resignation earlier this week. security and trades on the agenda as iraq's prime minister begins a two day visit to iran. i'm joining us roscoe with the sports mohamed salah schools his fifteen premier league goal as live will go back top of the standings. we begin in libya where fighters loyal see warlord how they feel huffed are say they have advanced in c. these southern outskirts of the capital tripoli in a push against the internationally recognized governments that there have been fierce battles reigns in tripoli is former international airports which was

destroyed by funny saying in twenty fourteen forces loyal to the u.n. backed government say they've captured at least one hundred and forty five of have to use fighters in zawiya to the west or tripoli and g. seven foreign ministers meeting in france have issued a statement strongly opposing the violence in libya they're backing un efforts to halt the offensive well let's get more on this mahmoud's abdel wahab joins us now live from tripoli mahmoud is that advanced still continuing or just how close are half the us forces to tripoli. well we're getting reports from the southern hour to skirts of the capital tripoli from military commanders are affiliated with the national accord government saying that have to does forces after the briefly he captured the international airport and then area

close to it called. the pulled out and they moved towards the south of tripoli to join the other forces between their young city and tripoli which is around eighty kilometers to the south from tripoli meanwhile in other fronts military commanders say that sporadic fighting erupted this morning but not very heavy while enforcements continue to join from the city of misrata and from other cities in the west of libya which declared general mobilization and a call for all forces to join france in the southern outskirts of tripoli to defend as they say the capital against aggression from have to his forces also we're getting reports from the front lines saying that they saw military commanders there there who are affiliated with the government of national accord say that have to as

forces are led by military generals who are could under gadhafi before we know that there is a deal that was sealed between have and the military commanders of the former regime of. also on the same context the air force that belongs to the national accord government. a few airstrikes of the city of sirte it that targeted as they say locations positioned or. by have to forces as you know that today there. united nations presented a special representative to libya the census is due to me to the un back to prime minister in tripoli here. to try to save the peaceful efforts because it seemed that the military escalation in the southern outskirts of tripoli are going to

derail the peace talks which are going to be expected to be held on the fourteenth of this month in the city of the. markets thanks very much for bringing us the very latest from tripoli put up the one hundred striking us there live. at the u.n. security council has echoed calls for her and his forces to halt their offensive mike hanna has more from the u.n. in new york. the emergency meeting concluded and the german ambassador in his capacity as president of the council issued a short statement he said the security council was united in its call for all parties to withdraw all their forces in particular the rebel l n a he said the council called to one all parties to resume a process of dialogue the un was due to sponsor a conference of national reconciliation in libya later this month that was aimed at

creating a road map through a political process leading to national elections that conference now in jeopardy because of this upsurge in conflict secretary general antonio good terrorists had been in libya to actually organize this conference it turned instead to a mission of shuttle diplomacy way held a series of meetings with senior figures including the prime minister in tripoli and rebel leaders in both to brooke and benghazi he held a meeting with. the warlords and sources say this did not go well after reportedly said that he was confident and defiant and the characterization of the meeting was that huffed insisted he was not going to back down the smale be accounting for the bleak tone of the secretary general statement when he left libya at the end of the day. now hundreds of thousands of algerians

have rallied so in the capital and elsewhere for the first time since the resignation of president of the then i demand saying because of think as allies follow his leads is that during this week after twenty years in power protests is a calling for an overhaul of the political system charles stratford reports. algeria's military might be disappointed if it was hoping that the resignation of president abdulla's ease beautifully would dampen enthusiasm for anti-government protests millions of people came back on the streets for a seventh friday for them beautifully because resignation earlier this week is only a first gesture all of that here we demand change these gangs to go all of them including vincent. that we cannot remain silent anymore you are no longer afraid of you you have killed our children and started the whole nation the majority we have seen nothing from that you deem i am forty one years old and i can

hardly make a living we are hoping for better. moves to sideline beautifully can i lie is a continuing the intelligence chief bashir talked to has been fired and earlier this week eight businessmen had their passport seized as their investigated for corruption state television showed a clearly frail eighty two year old beautifully handing in his resignation on tuesday and i think what's happened now is that certain grad schools are being settled the result is that our target is now on wealthiest and that begins to remove some of the infrastructure of the boot of the the regime but it will only be a beginning and whether it really bligh's a change in the institutions of the state or not that i doubt very much. is now in the hands of a caretaker government but the protesters have made it clear they once accepted a new president from look prove wall. that's the nickname for the trench to war

veterans of the business tycoons of the country. and what julian wants is the civilian government they want to get a little destructive that exist today. statements by the chief of staff suggest he will listen to the people obviously we didn't these drones issue and the goal of the military will be supervising from a distance or still we did but eventually would want the middle to go back to its box and leave the politicians to do the business feat one in every four algerians under the age of thirty is on employed the economy is dependent on oil and gas because attempt to stand for a fifth term as president the frustration of the status quo to the head now those elections will be in three months time so far no obvious successor has emerged

china strafford al-jazeera. iraq's prime minister has begun his first official trip to iran. after a bill mufti's trip comes after just a month after a visit by iranian president hassan rouhani to baghdad's all relations between the countries could same you see develop despite its efforts by washington to curb iran's influence in the region but. we wish to see our well developed relations bilateral relations to be an example to follow and also to be a precursor to similar ones with all the regional countries iraq not only aspires to maintain such healthy relations with iran but we are willing to develop to widen and deepen our bilateral relations similarly with kuwait saudi arabia egypt could tar and the united arab emirates we wish the region to enjoy stability and peace and to put an end to wars. well for more on this story joins us live from

door so we just heard the iraqi prime minister speaking got joint press conference what else was said. while the iranian president hassan rouhani received the iraqi prime minister at sad about palace where he said that the countries the two countries will continue to strengthen their ties has underlined he said that iran hopes that trade between the two countries will go from thirteen billion dollars which is where it was last year to about twenty billion currently iraq is a top importer of iranian goods and that's something the rain ians are very happy about they are a new president also said that they want the two countries to strengthen ties when it comes to their border which they share president rouhani said they will develop a cultural village along the border in the west of the country with iraq as well as a industrial zone to be developed in the south of iran between the this two countries has an rouhani also stressed that the two countries are very much on the

same page when it comes to regional issues in terms of the golan heights as well as the war in yemen and the future of jerusalem as well so the it was really a well received visit so far between the two sides where they both stress their commitment to strengthen relations between the two countries and dorset just give us the broader view what's the significance of this particular visit well this is the first visit by the iraqi prime minister since he was appointed in october and it's seen as a very important one because the rain ians are hoping that their influence and friendship with iraq will continue to grow that is something the iraqi prime minister said that according to the iraqi constitution they will not allow iraqi soil to become a ground for foreign troops and fighters to launch attacks against iran that is something in rougher.