Skip to main content

tv   NEWSHOUR  Al Jazeera  September 14, 2019 6:00pm-7:01pm +03

6:00 pm
imo good morning when you think back of it may be a. very it more than the people i meet with breaking up was ok clad what are the i give it to black hobby. and look at that from a new way and can't even look at that make up for example the hopi about elaborate probably without thinking that he had the accident they live become a battleground get what it was can't be what they want to make it he could get that people like him thank you one of them a great white one point i'm thinking about nobody that any of them want to know harry and he was the mother on the way the meet the people having his number that people don't put up what they get it might make them not mean like that we got it what they like by everyone thanks our. leaders in west africa are holding an emergency summit in brooklyn
6:01 pm
a fuss over on terrorism on top of the agenda is a review of the g 5 suffield a security alliance form to combat a sharp rise in cross border attacks from groups but what exactly is the g. 5 and why are they view accused of failing to secure the region. so chad mali and mota tinea formed a group of 2014 but over the next few years attacks were high you don't isolate ffolliott had groups have risen dramatically in 2070 with the help from france 5000 troops italian was set up but so far it's failed to make a major difference hundreds of people have been killed and tens of thousands have been displaced since the beginning of this year this week alone at least 30 people died in attacks in northern kenya faso catherine sawyer reports from the capital ouagadougou. heads of state from this to hell are arriving whether dougal there is a security crisis in the region following an inside inside by armed groups allied
6:02 pm
to al-qaeda and the islamic state of iraq and the levant fighters have carried out a series of attacks in book enough facile mauritania mali chad and. they scan sign that this problem could spread beyond us to hell and to other coastal countries there's no one to care for we have said that there needs to be a link between development and security if we develop the affected areas there will be security and if we provide good security we can develop those areas this summit has been organized by west africa's regional bloc and has brought together presidents from the so help countries called ju 5 when dated to fight terrorism and illegal migration a crossbow does representatives from other west african countries affected by extremist groups like the book are also here book enough fossil has seen increased attacks in recent years if you look you years ago when book enough fossils former
6:03 pm
president place come power was removed from power in a driving the country was largely safe but in 2016 on this street in the capital where the bugle man stormed into that hotel and 2 restaurants more than 20 people were killed that more new men there remind us of what happened here. the attacks have spread to the east and north of the country about 500 people have been killed and nearly 300000 displaced like ben norbi in law who's hosted by well wishes in a town about a 100 kilometers away from where the leaders are meeting she fled from her home father north 2 months ago you know a perfect they came to our village and began shooting everywhere we've played without you. we walked for over 50 kilometers we came here with nothing. leaders in wa good to see the only way to help millions of people like bill maher
6:04 pm
and have children is by walking together implementing what will be decided at the summit will be the hard part kathy. still ahead on all the 0 why israel's benjamin netanyahu will see a close election for 20 voters head back to the polls next week. and we take a closer look at what's behind the soybean meal deal between argentina and china. head of the catholic edition spilling into central areas oborne here but where the bulk of the weather is to the north you can see all this cloud across areas towards the philippines this is where we've had flooding in the last 24 hours so into the southern philippines that manila. see the rain as we head through sunday and that extends right way back across into southern vietnam in thailand
6:05 pm
a wet day sunday in bangkok and similar story on sunday quite cloudy conditions across into kuala lumpur and singapore and that will come with the usual often in thunderstorms now across the southeast of australia we have got more weather on the way but in between these 2 systems we've got some warm air in place so as we head into adelaide on sunday a high temperature the of 23 degrees celsius a bit cooler and war unsettled across into the southeast melbourne 1715 in hobart and then this system swings through as it does it takes away the rain but look at this just 14 degrees and cooler at hypothesis well but at least it should be a clearer picture 20 celsius in perth on monday there's rain showers lingering around the coast you could just see a passing rain shower and then across into new zealand we've got such a disguise his shadow. about oakland and tries church on sunday and then on monday woman up in tries judge but the clouds and the rain pushes in.
6:06 pm
on counting the cost of a technocrat and the defacto leader of opec has been ousted well his replacement is saudi arabia's energy minister fate any better looking than struggle to get more for its oil plus the cost of adapting to a warming planet counting the cost on the edges it. you're going to see it out of mind of our top stories this drones if it's to saudi
6:07 pm
aramco all facilities triggering large explosions yemen's who have claimed responsibility the saudi interior ministry says one attack happened in the eastern province and other attacks took place northeast of riyadh the fires are said to be contained. african leaders are gathering in hadi to pay tribute to form a zimbabwe president robert mugabe he died last week in singapore aged 95 his burial will take place in about a month's time. west african leaders are attending an emergency meeting on terrorism in book you know faso the heads of state are looking of ways to deal with a sharp rise in cross border attacks involving groups aligned with al qaida and deisel. fights a broken out between probation and i'm t. government protesters at a shopping. center in hong kong police made arrests after breaking up clashes between the 2 sides at the mall probation demonstrators chanted supports the police
6:08 pm
and waved chinese flags before being confronted by all those protesters sarah clarke is joining us live from hong kong so i'm just looking at the picture there and it looks as though there's a fairly heavy security presence behind you what's happening there. where you mentioned the scuffles and the clashes between the pro-government and quite china supporters as well as the the pro-democracy groups and that is in kalam by where we are aware of the mainland assertions it's just over the border and hong kong now it's the area of the district known as the your non district and we had about a 1000 people so marched today from a park which is nearby on their way to an empty train station here but they've been confronted by police now the police knew this particular rally was going to take place there was a mission was requested but the police the night that mission there for this particular symbol of the assembly that's gone ahead today is deemed illegal before the heavy police presence we've got behind us we see no bombing clashes as yet we just have been able abuse from the protest side now the reason why this particular
6:09 pm
areas quite significant is the you know on district and a more than a month ago we saw some very symbolic clashes between police and protesters and later in the evening we saw a group or a gang wearing white shirts which were later described as charles come in and base these protesters now the protesters accuse the police of not acting fast enough and not protecting the protesters when they were being quite violent they saw the targets of those particularly police but again would seem to withdraw all of this particular extradition bill but these protesters are refusing to back down and said i understand that the police have denied permission for another pro-democracy rally which was due to go ahead on sunday do we know if that one is going to happen. oh. yes you're correct that the superheroes. which of your guys actually do that that leaves these big mass rallies we've seen the 1w2w people on the streets on various weekends behind this particular organization the police did deny them
6:10 pm
permission to go ahead but we expect that rally to go ahead anyway people simply assemble at the spot where they designated a regional spot and i'm not so we do expect the police to be a heavy presence tomorrow we expect every weekend in the lead up particularly to october 1 which is the 70th birthday recently out of this year i should say of communist china that will be a big story we can we expect of more protests in hong kong sara thanks very much indeed london stock exchange has rejected a surprise takeover bid from its hong kong counterpart citing concerns over its ties to china's ruling communist party the advice he's chairman also mentioned fundamental flaws in the proposal the hong kong stock exchange has vowed to press on with its bids for the financial times newspaper reporting it intends to reach out directly to shareholders britain's prime minister bought his johnson says he's cautiously optimistic of getting a new bragg's a deal johnson is due to meet the european commission president john clarke younker
6:11 pm
in luxembourg on monday younker told german media he's less optimistic the stalemate is going to be resolved. the yes i would say i'm all in favor of our i'm all in favor of our m.p.'s well you know. who would be. great to get back to the moment and hunted down. the let's. say. there is ample time for parliament to consider not just pretty but all kinds of things both before and after the european council of table 73 let's get on do it. israelis will be going to the polls on tuesday for the 2nd time in less than 6 months prime minister benjamin netanyahu failed to form a ruling coalition after the last round by my shoes a security health care and the prime minister's potential indictments for corruption are a force that reports. on who sews himself as israel's mr
6:12 pm
security came a reminder of its frequent absence in and around gaza a week before polling day sirens gave notice of a new round of rockets forcing benjamin netanyahu from the stage at a campaign rally in the southern city of ashdod. his main electoral opponent former army chief benny gantz garza is netanyahu is a weak point on security policy the deterrence has been utterly eroded it's time to act it's time to put an end to this it's time to change the leadership challenge netanyahu to come to the southern town of steroids and look into the eyes of its frightened residents but stare out has long been a stronghold of netanyahu likud party and in april's elections 2 thirds of its voters chose netanyahu or his right wing allies over gun says centrist bloc. we hope it will be fine i don't have the tools that need annual has i hope what should be done is done. netanyahu doesn't bring
6:13 pm
a security on the days rockets and more just that doesn't mean that i stop believing in him on one level netanyahu is approach is hardline israeli snipers have killed more than $300.00 unarmed protesters over 18 months of border demonstrations rockets out of gaza. with punitive airstrikes guns calls for a broader military campaign but it's precise outline and prospects of success seem as hazy as the gaza skyline from steroids for all the netanyahu is opponents criticize his gaza policy they have yet to come up with an alternative that is fully believed and supported by the residents of this area and as for the wider israeli electorate that yahoo's message to them as always been that israel's number one security problem is not gaza but iran and so days before the election netanyahu unveiled new allegations of iranian nuclear wrongdoing the only way to stop iran's march to the bomb and its aggression in the region is pressure pressure. and more
6:14 pm
pressure militarily israel has been ramping up that pressure striking iranian interests not just in syria but in iraq i didn't gaging in a cross border escalation earlier this month with iran backed hezbollah in lebanon but all the risks being forceful on iran is seen as boosting netanyahu electoral prospects there are israelis who are disturbed by some of his domestic tactics and he's embroiled in corruption allegations which he denies and so on but on security he seemed to be pretty credible and he's also not seen as a military adventure and he doesn't want to drag israel into a major conflict. in recent days though netanyahu iran policy has lost some of its luster donald trump has raised the prospect of a meeting with iran's president a significant blow to netanyahu strategy of maximum pressure the challenge for his opponents is to convince israelis that they can trust such matters to someone else
6:15 pm
will sit out 07 israel but isn't part of why are searching for more human remains in the property of the late dictator are federal stross the skulls and bones were discovered last week squatters found the remains of 3 people buried beneath a bathroom but he said investigating whether the remains belong to some of the estimated 400 people who were killed or disappeared under stories his regime still so ruled part of live from 15421800 9 south america's longest dictatorship. as china's trade war with the u.s. rages on beijing has decided to form a new alliance with argentina the south american nation has signed a deal to export millions of tons of soybean meal which will give its economy a much needed boost i know one of the reports we're going to set is. the deal has been years in the making but the trade dispute between china and the united states has created a fresh urgency for both superpowers to look the new partners. argentina is the
6:16 pm
world's biggest producer of soybean meal with about 43 percent of the market much of it will now be used to feed china's estimated $400000000.00 pigs are going to use the citizens without the signing of this protocol establishes a solid legal basis so the convergence of these 2 huge markets. and the light from argentina the deal a boost to an economy in recession so it will get us a lot of. this is an historical achievement we have worked hard for for over 20 years we have wanted to open up this market and we know it will be highly valued by the argentine 3 sectors argentina already exports soybeans and also china and its agricultural sector is pushing for more you know the governor wants or not us up at all argentina has to try to sell products of higher value that's a challenge that argentina has in relation to china to try to improve in deep in the sale of these products which it is doing. china to meet its food and energy
6:17 pm
needs has invested heavily in latin america's infrastructure roads railways and ports the key is to have something that both china and the united states wants that they used to get from one another but no longer do because of their trade disputes but then don't risk offending either superpower politically because things change and nobody wants to put future trade deals in jeopardy. where there is still administrative hurdles to overcome and some. course should i be getting too excited . argentina is an important food producer but it doesn't have stock and it doesn't have investments because as everyone knows the economic situation here is delicate and to try to expand export capacity at the moment is impossible there's no credit and we can expand export capacity then there's the united states to worry about a recently resolved a thought 10 year trade dispute with the u.s. over meat exports it's
6:18 pm
a major trading partner with substantial political influence in what it sees as its backyard but the department i thought i saw the u.s. state department has made various moves trying on countries in latin america to be aware of increasing its trade with china. but he also warned that the current trade dispute is merely a skirmish in a much bigger war to come the technology and intellectual property rights of the satisfaction here of the deal just done this still uncertainty over the next moves to come from beijing and washington. one of cyrus. this is a doozy are these are the top stories drones of hits to saudi aramco all facilities triggering large explosions yemen's with the rebels have claimed responsibility the saudi interior ministry says one attack happened in the eastern province the other
6:19 pm
attack took place northeast of riyadh the followers are said to be contained. saudi aramco is not an ordinary company it is a company which runs the country and this is one of the most important countries in the middle east so this is this is going to be a major blow you've seen the frequency and the intensity of the attacks that have been targeting will facilities in the past but what you see here and with the extent of the fine is that it looks like that they're getting better intelligence they're targeting specific areas african leaders are gathering in harare to pay tribute to the farmers and bubbly president robert mugabe he died last week in singapore age 95 is burial will take place in about a month's time after a mostly in his built a national heroes acre. why 7 leaders are attending an emergency meeting on terrorism in both keno faso the heads of states are looking at ways to deal with a sharp rise in cross border attacks involving groups aligned with al qaida and i
6:20 pm
sold fights a broken out between probating and anti-government protesters at a shopping center in hong kong police made arrests after breaking up clashes between the 2 science at the cow loon bay mall probation demonstrators chanted support the police and waved chinese flags before being confronted by other protesters. britain's prime minister boris johnson says he's cautiously optimistic of getting the u. bragg's it deal johnson is due to meet european commission president john clarke juncker in luxembourg on monday told german media he's less optimistic the stalemate will be resolved johnson meanwhile has dismissed criticism of his decision to suspend parliament to close so close to the brags that deadline at least 21 people have died when floodwaters swept through yemen's problems many families have been displaced by the civil war and they've been sheltering there at least 1500 makeshift homes have been destroyed those are the headlines coming up
6:21 pm
next on al-jazeera it's counting the cost life anon. al jazeera. and takes. a low i'm hasn't see can this is counting the cost on their jersey or your weekly look at the world of business and economics this week a techno cracked and the defacto leader of opec has been ousted but will his replacement a saudi arabia's energy minister fare any better as the kingdom struggles to get more for its oil. the cost of adapting to climate change if you think businesses haven't already failed because our planet is heating up think again. and trump's
6:22 pm
never ending trade war with china has opened up opportunities for some type businesses among the chaos. he was the defacto leader of opec and the most respected oil man in saudi arabia and on the world stage so well respected that one crown prince mohammed bin men needed to salvage his credibility after the killing of journalists. it was energy minister khaled in fully who returned to but in a surprise move he was ousted and replaced by muhammad's half brother prince abdullah bin southern man it is the 1st time a member of the ruling so old family has been appointed to the post technocrats likely have always been the nation's choice to run the oil ministry. he was also relieved from his role as chairman of the oil giant around co saudi arabia has a 13 percent share of the world's petroleum market during fairly his 10 year he
6:23 pm
struggle to raise the price of oil to $80.00 a barrel that price would give mohammed bin man the financial firepower to transform the economy moving it away from its oil addiction it will so enable it to balance its budget and not exhaust foreign reserves on imports this is how crucial oil is to saudi arabia oil accounts for 40 percent of its economy 70 percent of government revenue and nearly 80 percent of export earnings according to reuters saudi export earnings from oil fell from more than $800000000.00 a day in april 2014 to less than $300000000.00 a day in february 26th that was due to the shale oil boom in the united states and as of june this year it was earning $400000000.00 a day a saudi arabia has used everything in its policy toolbox to raise prices fully
6:24 pm
elicited the help of russia and other non opec nations to cut production saudi arabia cut its own production to its lowest level in 5 years to no avail it also needs high oil prices to meet the ambitious 2 trillion dollars valuation for saudi aramco stock market listing early next year at the moment analysts believe the world's most profitable company is worth between one trillion to $1.00 trillion dollars but mohamed bin sun man wants a higher valuation and on that count felicia also failed to deliver. well let's find out what's behind the decision and can the new man do any better able to help us answer those questions i'm joined by richard melanson a cofounder of energy aspects a senior energy analyst there thanks very much for being with us so what's behind this move then to get rid of in fairly. well i think it's hard to see it as anything other than
6:25 pm
a loss of confidence in his ability to handle some of his portfolio and i think that's probably primarily about crown prince mohammed bin someone who's very central obviously to all decision making in the kingdom losing that personal confidence that he's the right man for the job and was it also about the failure to deliver high oil prices because saudi arabia needs needs needs to be at a certain price to deliver its budget i think it's a bit simplistic to just say that saudi arabia needs a particular budget clearly it's run a deficit budget for a number of years it can do that but the there are downsides and saudi arabia has ambitious investment plans vision 2030 and other areas and so i think certainly the slow progress is probably the saudis would see it towards achieving a more balanced market and the part the price increases they'd expect to come with that is going to be a big part of what's driven this change does this is what changed the relationship
6:26 pm
with opec plus in particular with with with russia it was it was for the contaminated door all shipped to europe russia would that not be in compliance with its commitment to cut production. it's a good question clearly her father was very active and involved in the engagement with russia and the other opec plus members but i think that found the russian cooperation goes to a much higher political level so we saw a lot of links between the crown prince and president putin on the russian side and i think that engagement is going to outlast the the departure of of all i think really what we're looking at is an alignment of interests for saudi arabia and russia certainly as far as the cooperation agreement it's not a perfectly easy partnership there will be strains down the line and it may not last forever but i think for now at least both countries are looking at having similar interests and seeing the benefits of working together and that will remain the case and we mentioned as well the break with precedent in making this
6:27 pm
appointment why why is the house of south seemingly keen on controlling the energy ministry because that's something they voted in the past well i think it's possible to read too much into the fact that the new or the new minister is a member of the house the royal family because when you look at his background he spent several decades as a deputy and other oil minister in a very very deeply involved in this industry he's very experienced i think he's perceived both within the kingdom and they will hope by the oil markets as a safe pair of hands on experience on the person when it comes to oil markets so i think the fact that he's a cramp sorry a prince and the fact he's a half brother of the crown prince isn't the relevant factor here it's much more that he is knowledgeable about the portfolio and he's seen as someone who won't rock the boat when it comes to policy but he's
6:28 pm
a sarah he's inheriting the same low oil prices so what can he possibly do that hasn't been done before. i mean that's absolutely true and that's why i don't think we're going to see a dramatically different policy i think we may see a different style of communication perhaps maybe a move back towards an approach that we saw in the past from saudi arabia where there was less talk there was less comment to the press there was a narrower focus on a message that the kingdom wants to communicate or markets and i mean what we've seen particular in recent months is a more proactive style that hasn't really had the desired results are really trying to talk prices up at times and we just haven't seen prices react in the way that probably was intended in riyadh so i think a move back to a quieter form of communication but not a shift in the underlying oil policy so will this help the crown prince's move to
6:29 pm
to float around code that i think could change foreign minister not that won't be very significant but actually one of the changes that occurred just before hand the change of chairmanship of around coke does signal and we need effort to push forward with the i.p.o. and i think the other thing that we're seeing is reports about i.p.o. will probably begin with a domestic listing which will be easier to achieve fewer barriers fewer regulator requirements so it seems very clear that the push to make the i.p.o. happen and happen sooner rather than later is ongoing the real question for the crown prince of course is at what price will that listing happen and that is very tied up with the oil price and because i don't think this new energy minister can deliver a miraculously higher oil prices anytime soon we may still not see the i.p.o. happening at the levels that the crown prince would ideally want richard mallets and thanks for being with us my pleasure.
6:30 pm
earlier this year the california based utility pacific gas and electric filed for bankruptcy protection as costs related to wildfires ballooned it was probably one of the clearest cases of how climate change wiped out a company that hadn't done enough to prepare for a warming planet p.g. and e. faced approximately $30000000000.00 in liabilities as a result of its role in the 20172018 fires state investigators linked $100.00 deaths to the fires the federal judge william also blamed the cause of some of the fires on the utilities negligence judge also said the utility paid $4500000000.00 to shareholders in dividends over the past 5 years while failing to take adequate safety precautions germany's car industry is facing up to the threat of losing its crown as the leading center for production a series of missteps from diesel cheating scandals to the lack of preparedness for
6:31 pm
the end of the combustion engine has left the road open to tesla and chinese electric brands an industry that employs more than 800000 people is facing a make or break moment. a both cases raise many questions are businesses doing enough to prepare for climate change or do executives have their heads in the sand according to the global commission on adaptation businesses need to plan more for a warming planet companies that do not adapt may not survive it claims investing $1.00 trillion dollars to climate proof businesses and the broader economy by 2030 could generate $7.00 trillion in net benefits half the world's biggest companies believe climate adaptation could result in $236000000000.00 in increased revenue economists have long argued that putting a price on greenhouse emissions is the fos this way for business to make changes in the 4000 firms with revenue of about 7 trillion dollars already participate in some
6:32 pm
form of carbon pricing i want to the authors of that report is fakey say best my chief executive of dutch life sciences company royal d.s.m. i cannot mix editor abbott alley caught up with him and began by asking what signal was being sent to businesses with a lack of political will from the likes of president trump who withdrew from the paris climate change accord. well not everybody as i sat is making the right step on himself climate mitigation and we should because we have agreed to is 200 nations in pairs in 2015 but i think all countries in the world where do you step up on climate mitigation or not need to protect your own people your own business is the most vulnerable in the world so every nation every company in the world need to step up on climate adaptation in your own interests and i think we need to do 4
6:33 pm
things especially 1st of all create more transparency on how climate risks are influencing you as a country and every country is exposed for you as a basis in terms of your supply chain in terms of your locations or whatever it turns pregnancy and also reinvest us that is very important secondly you need to protect your own operations taking care of your own supply chain if you talk about food and agricultural products or flooding of your sites or drought state your workers cannot come to your sites certainly you need to focus on innovation trying to be new products new solutions and as a company you can make money and as a society you are served by those innovations we for example make the oceans more resilient for fishing we make aquaculture and africa more resilient to doubts and to force an amount is that for the sea to advocate for climate mitigation as well
6:34 pm
as adaptation and i think there is no country in the world who can escape from that you mentioned investors in your examples that you just gave there for too long businesses have been run for shareholders and to make bosses rich. so how are you going to make this transformation now to say you know the environment is very important as well. well there is no company who can be successful in a world that fails at the end of the day that will hurt you as as a company and the economy was never invented to make money money is a tool to all to all live happily here it all together and the world to stratton's inequality hunger or climate change ravages at cetera so therefore it's in the interests of this is itself therefore it's an interest of the in economic system the resilience of our economic system to go for more value creation than only
6:35 pm
shareholder value creation but also for society and police etc and i think more and more companies see that you see the this is round table in the united states $1800.00 companies on the day the c.e.o.'s few weeks ago said hey there are more stakeholders than only do shareholders and of course as companies we are not free on topic organizations we need to make money but there are more interest than only making money and there is more interest than only do short term and addressing climate change fire mitigation and addressing adaptation is in the interest of all countries is in the interest of all companies just to future proof your business and investors investors should be interested in how companies are exposed and what companies are doing to keep the basis of also in the long run just looking at the world around you right this very moment in time the the global economy is slowing.
6:36 pm
and there's a trade war going on between the united states and china which is how many impacts on a lot of other countries how is the affecting you how is it affecting the world what's your opinion as to what's going on. well let's have a look to what's happening in the worlds of ways all the trade issues political tension i think if we look back a little bit globalization is an essential part of our economic system it basically our economic system is based on specialization you're better in this i'm better in saying and let's exchange said the end of the day that is the essence of our economic system traits specialisation and globalization brought for asperity for many countries in the world for billions of people but not for all countries and not for all people in all countries and we need to do now is not put a fence around countries or businesses but making globalization more inclusive for
6:37 pm
all that this to way to go because globalization is i think the absence of our economy because it is based on the specialization model and you see a little bit at this moment that people try to build fences around saying i see that as a temporarily movement we as a company because we especially in food are not so much hurt by that at this very moment but is not a good saying and it is not the right for reaction from a correct op sufficient that globalization did not bring prosperity for all make it more inclusive. that was fake talking to our economics editor well as we mentioned one industry that is facing the challenge of adapting to climate change is the auto industry germany's b.m.w. has been one of the earlier movers in producing electric cars it currently stands number 4 behind tesla and 2 chinese companies in terms of sales i just finished
6:38 pm
dominic cain spoke with the b.m.w. board member peter not or at the frankfurt motor show mr norton looking at this motor show and indeed looking at the motor vehicles we can see here does your company see a generational shift in the way the young people to see the motor industry and motor vehicles and what they used for a one of the biggest changes is that younger consumers really value new and different elements of the vehicle like connectivity in and around the car the way they can integrate seamlessly that they still live into the car and it's good to be in w group we are really leading the pack there with our connected drive so that is something we also see a lot of words that we win as a brand for that at the same time young consumers are also more open for for example sharing concepts and with our drive now concept for example we have set the
6:39 pm
tone there as well and now in our cooperation in the joint venture with di maria continuing that a few years ago people spoke about hybrid vehicles as being the future and yet now more and more companies are saying no electric is the way to go totally electric to use the german phrase they want to move away from fed hina from fossil fuel fuel burning vehicles towards electric b.m.w. appears to be going that way why at the b.m.w. group be very much believe in what we call the power of choice so we actually deliver various drive trains to our customers depending on their needs because. we believe that impact true impact as a positive impact on climate change will only be delivered if customers want and use these products and it can differ from country to country from use case to use case so in urban areas as a bettery power it's electric vehicle might be to solution and we have great solutions there with our b.m.w.
6:40 pm
i 3 with our mini electric and next year also with our b.m.w. x 3 a fully electric version of our most popular b.m.w. x 3 but we also offer a plug in hybrids we use electrified with plug in hybrids almost and our entire range from the 2 series all the way up to our top model 7 series for our customers and 60 drive longer distances and wants to be able to drive electric in an urban area in a city but also want to have the ease of mind with the efficient combustion engine to drive longer distances we're also working on new technologies towards the future we show here in france for our b.m.w. i hydrogen next with fuel cell technology so you feel that your company is ready for climate change and can actually make a difference as absolutely so we believe in the power of choice and it's a true customer centric attitude we deliver what the customer wants and can use and
6:41 pm
with that we will have the biggest positive impact on the climate change and looking at another global fact of these days the trade is the trade war hurting yourself hurting the automotive industry as well of course as a b.m.w. group we are a global operator we very much favor frictionless trade also free trade without terrorists but we have a very global production edwards with we have our biggest plants in spartanburg in the us in south carolina but we also have production here in europe and also in china so. well set up also for a world where there might not always be frictionless trades but of course we wish for and cole a phone call from and to enable frictionless trade because we believe that creates most value for our customers as well speaking of frictionless trade one issue right now which is dominating the debate it seems in the united kingdom but also to
6:42 pm
a certain extent in the e.u. is braggs it's what do you see many people in the u.k. it always said all well german can make his will still want to sell their products it's not really a factor for b.m.w. for other german comedy his b.m.w. group we're very much committed to the u.k. is an important market to sell our great cars but also it's the home of 2 of our festen it's in brands many and rolls royce so we're committed to the u.k. we produce many in oxford's we recently launched our mini electric to be produced in oxford starting this november but we call on the politicians to make an end to this period of uncertainty because uncertainty is not good for business and enable to enable further successful production from oxford's we need clarity and also we wish for is situation where the restriction is straight across the channel
6:43 pm
and what does that mean for jobs because certainly other german company factors so for example folks have concerns that shifting towards electric cars in the production of electric cars might not necessarily mean the end of many jobs but it might threaten the jobs are you confident that with all the things that your company has in place that jobs are secure while there might be a shift in the type of jobs that will be needed to worth's the future also in electrification further against around but it will also create jobs in other areas we talked about productivity in and around the car so. we already have thousands of highly skilled software engineers within the b.m.w. group that are important to deliver on those customer needs but another from b.m.w. management will thank you very much our president trump has delayed by 2 weeks a plan tariff on some chinese goods are the beijing decided to exempt some u.s. cancer drugs and other goods from new levies trump said he liked to reach an
6:44 pm
agreement to end the trade war which has been going on for more than a year now of both sides have increased and added tariffs in recent weeks affecting global markets and supply chains but despite some disruption there are also opportunities for business is in asia a scott higher reports now from bangkok. with trade negotiations between the world's 2 biggest economies still a work in progress china's close and reliant neighbors are feeling the impact. on the outskirts of bangkok wrote the poem runs a house where a company started by his father the medium sized business is heavily dependent on china factories their supply raw materials wrought upon users to manufacture products for his thai customers the trade war is costing him money but despite that he sees an upside. down i think is a benefit to be made china may have all the materials that are needed but here we have skilled labor who know the we can export our products without going through
6:45 pm
china worry about the trade war in one high profile case thailand has actually won new business as a result of chinese tariffs on u.s. goods u.s. motorcycle giant harley davidson announced that it's moving the manufacturing of its china bound bikes from the u.s. to thailand by the end of the year this to avoid tariffs levied on imports of american vehicles. the company had actually opened a factory in thailand before the trade war to supply the growing east asian market but an economic advisor to one of thailand's largest companies warns of a threat not just to thailand but to the global supply chain if china and the us can't settle their differences soon. cleared going to last longer they're going to have. long lasting chanting of the team. that you seem to me going to be me could become all in in the now
6:46 pm
rice that you call me. that means china will rely less on neighboring countries for materials and goods producing more of its own that be bad news for countries like thailand its largest export market is china the economy here relies heavily on its big neighbor to the north so businesses could be forced to recalibrate their supply chains it's got harder al-jazeera bangkok and that is our show for this week remember you can get in touch with us by tweeting me at and use the hashtag a j c t c when you do drop us an email counting the cost that. is our address as always you can visit us online at www dot com slash c.t.c. that are taken straight to our page which has individual sports 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
6:47 pm
next. it's wrong elections take 2. daughters go back to the polls 1st 2nd time in less than 6 months will benjamin netanyahu come on to one riddled with criminal investigations. israel's political future in the balance on al-jazeera. that corruption has reached a level like that before in our country. rank outsider. to president of the united states. the power was in the data we will the people with the truth and nothing else discover. for winning the white house unfair game on al jazeera rewind returns with a new series and brand new updates on the past about to see this documentary i will
6:48 pm
compare the onion the onion the sweetness baths the heart and the company of the old city remind continues with cambodia is also in business. this is actually totally crazy scene it just allowed us to pick up full treats from his infinite con now and we could just drive off with them. on al-jazeera. this is al-jazeera. hello welcome to news hour i'm sorry say than in coming up in the next 60 minutes yemen so the rebels say they've attacked 2 major saudi oil facilities with drones claiming to have help from inside the kingdom. state morial under way for them bob
6:49 pm
ways late former ruler on. mcgarvey in a nation grappling with these divisive legacy. fights break out in hong kong between supporters and opponents of china's central government after several months of peaceful protests. and electric cars dominate the frankfurt mo to show what we're located another green technology that could fuel the future. and i'm only a hard with sports tyson fury gears up for a turn to the las vegas ring as his team also released new is a very lucrative rematch with deonte wild. yemen the rabble say they're responsible for drone attacks on 2 major oil facilities in saudi arabia run by iran co one hit the processing facility
6:50 pm
northeast of riyadh videos posted online showed a massive fire at the facility with flames shooting high and to the air around co describes of the largest crude oil processing plant in the world this means it's crucial to global energy supplies other videos posted from the facility included the sound of apparent gunfire in the bank ground smoke could be seen rising over the skyline from some distance away the fires according to saudi state media have now been contained well the facility is about 330 kilometers from the capital estimates suggest it can process up to 7000000 barrels of crude oil a day the other attack well the target rather of the attack as we mentioned was in the whole race oil field 200 also kilometers southwest about produces about a 1000000 barrels of crude a day with reserves of 20000000000 barrels. you hear sorry a spokesman for the who things says they use many drones in the attack and have
6:51 pm
help from within saudi arabia other. our john unit carried out a massive attack with 10 drones it targeted to iran school facilities in the peak and east of saudi arabia early this morning these attacks are our right and we warned the saudis that our targets will keep expanding we have the right to strike back in retaliation to the air strikes and the targeting of our civilians for the last 5 years this is the latest assault claimed by the houthi zone saudi oil infrastructure in recent months the rebels have been fighting against the saudi led military coalition since its intervention yemen's war 4 years ago last month drones hit the oil and gas field they carried explosives and caused a fire at a natural gas processing plant another drone attack on may the 14th targeted a 1200 kilometer or oil pipeline saudi arabia's energy minister said 2 pumping
6:52 pm
stations were hit causing minor damage while the who these said it was them the wall street journal reported the drones were actually launched from iraq when joined berg is a military drone expert and humanitarian disarmament project leader a dutch peace organization p.i.x. he joins us from amsterdam good to have you with us 1st of all how are the who these getting these drones. cooped up soon and thanks for having me and you know it's a good question drone proliferation has been become a key technology and that is in that handle state and non-state actors is used more often on the battlefields in the case of these maybe seeing drone technology likely being imported from iran but also to some domestic assembly production lines of the various types of drones and they're shown also last month they're capable producing milk to go fortunes or drones that can fly over 50000 kilometers explosives and
6:53 pm
target critical infrastructure it seems like drone attacks are becoming much more frequent now compared to the beginning of the the conflict is this all down to the who theories are they instead being launched from other areas in the simply the who things are claiming responsibility is how do you read this. well we've seen because drones are writing to both states and non-state actives with a bit of the stead you can never reach specific targets we know lost some of their own personnel and you can produce them at low cost and move these are seen as a unique opportunity to sew the critical infrastructure such as where it was sort of these an airport but it's not unique to see we've seen in recent drone attacks and israel using commercial grounds of corporations and lebanon they're alleged drone attacks by the is very nice and in the border of syria we've seen iran trying
6:54 pm
to carry out drone attacks in in israel will be seen drones in libya we've seen chinese your own drones operated by the u.a.e. in libya so we are key we're entering into drone warfare which is not regularly expending and you know these are just one symptom of that drone warfare is there any way commonly to successfully effectively defend against drone attacks they seem to be defying some of the current even sophisticated air defense systems. i think this is a key feature of what do these i know experiment thing with is launching mil to hold smaller arms which have a low rate of similar low radar signature making it more and more difficult for our defenses them to shoot them down what we've seen in yemen is that for example there are reports out that the u.s. is providing intel to disability on the launch sites and the production side of these drones but that's the most effective way to stop them from launching because
6:55 pm
they're more difficult to track them mid air or shoot em out and if you don't know where they're flying because you come to them or their radars once you know where they're flying they're fairly easy to shoot down aircraft because they're fairly slow but yeah it's definitely a challenge for our defenses and specially if it's a challenge or going to jump in is this is a game changer is drone will fight changing this conflict this is definitely and that and yemen we see definitely notable versions of thrown small in the rooms and we've seen it soon it will seem to assume also in all there that you're there is that smaller drones are easy to assemble they can be assembled with civilian drone technology for example the drones have engines you can buy and all the above that come for $1500.00 so a drone like this can be assembled for $1015000.00 what explosives there for me
6:56 pm
for 4 armed forces and non-state actors where budgets orbit small budgets even this provides a unique opportunity to target the military and in this case is also more concerning because you want to target the city of these that every huge impact so the environmental damage from targeting our facilities and economic damage can be huge on thank you so much fiona now says on that. al-jazeera. is here with me to talk more about this you've covered the region extensively and you've actually done the documentary right recently about some of the conflicts in the regions. of a ram co which is today been hit tell us a little bit about this particular facility it's the largest or processing plant in the world right absolutely 7000000 barrels a day that's its capacity what it tells you is that the who have not just gone after saudi aramco been going after in the last few months they've actually hit at
6:57 pm
the heart of saudi arabia's oil processing unit this is a unit which is pivotal to saudi aramco operations and go is not just an ordinary company this is a company which essentially runs the finances of saudi arabia it make sure that the saudi government continues its control as it is one of the most important countries in the middle east and is a major ally for all of the world powers who are trying to make sure that their investments are in the area and make sure that they have a stake in this region so saudi aramco is crucial to all of that and this is not just a physical attack we haven't seen the extent of how much of this facility has been damaged but it is also in tact to tell the world by the hooty as you heard in their statement that they have got multiple targets now that they're getting some sort of intelligence on the ground that they have claimed previously as well and they are going to go after the financial interest the pocket where it hurts the most now this comes at a particularly bad time there's never
6:58 pm
a good time i guess for an attack on your facility but with the i.p.o. aramco. you know situation this isn't a good time at all is it absolutely for the last few years what saudi arabia's been trying to do is that it wants to diversify its economy it wants to move away from being reliant on just oil and that's saudi aramco is the crown jewel in the. prince ramadan so man's vision 2030 where he wants to. changed the economy completely and this is happening at a time when the saudi aramco into an international public offering of the i.p.o. has been delayed for a few years now it's only in the last few weeks that we've heard from officials saying that they are going to go back to international markets and trying to get money from and it is also happening at a time where they have been a number of changes at the top of iraq or at the top of the oil ministry so it is obviously not a best time and if you were an investor looking to invest a few $1000000000.00 in iraq all this would probably give you pause and examine the
6:59 pm
strategic importance of aramco and the politics of saudi arabia in a documentary you made right let's take a little look at next from a shower. it seemed like a great idea the world's largest oil producing company pumping millions of barrels a day to become the world's largest ever traded stock. good for you one another. and prince eager to make his mark as a reformer wanted to partially trade saudi aramco for a fellow you ation of 2 trillion dollars. the venture failed to get off the ground and the prince's vision 2030 now seems blurry. saudi aramco is almost like the basis of politics in saudi arabia they are always intrinsically tied everybody in saudi arabia in one way or another is a beneficiary saudi aramco. arabia it needs
7:00 pm
a strong and. well history of saudi aramco is the history of saudi arabia transforming itself from an isolated tribal society into a global presence. so listening in on the increased attacks like this on iran co facility is going to send a bit of a shockwave down the spine of not only saudi arabia but the world right absolutely you see saudi arabia has been stuck in this perpetual war in yemen since 2015 in new scene the transformation of the hooty rebels to saudi arabia says are backed by iran you've seen that they were launching rudimentary attacks by missiles in the beginning of which were quite easily wiped off by the saudi government as well as its allied forces now they've gone into a more metamorphosed into a more sophisticated fighting force so that's a nightmare on its border obviously this is all of its financial projections are dependent on international players pumping money.

69 Views

info Stream Only

Uploaded by TV Archive on