tv Mandela and de Klerk Al Jazeera July 1, 2020 9:00am-10:01am +03
9:00 am
we're entering. hello i'm down joan in doha with the top stories on al-jazeera protesters in hong kong are defying the new national security level legislation came into force just hours before the city of the 23rd anniversary of its return to chinese rule police say a man holding the hong kong independence flag was the 1st to be officially arrested under the new law agent brown has more on that from hong kong. i think almost certainly that this new law is going to occur tale the protest movement it's not necessarily going to end it there was a small protest quite near the venue where the anniversary handover ceremony was
9:01 am
taking place on wednesday morning the police blocked these protesters but significantly these protesters were calling for the end of one party rule in china at the end of the dictatorship i spoke to one of the protesters a very own who said that he fully expects to be arrested so these people are out intentionally to test the law now i saw several people being taken away i don't know if they were arrested but the police held back in terms of using the usual sort of assertive actions we've seen during the past few weeks and months carol and the chief executive of hong kong addressed that ceremony that flag raising ceremony on wednesday morning she said this new law was necessary and filled a very big gap she also said the past year had been the most difficult of her career but she said the mainland government had helped to pull her through the storm was passing and was now going to be a rainbow but i think her strategy at the moment is to try to rebuild hong kong's
9:02 am
image any way she can part of that strategy by the way is to hire an international public relations agency which is going to be paid almost $6000000.00 to help to that end the united states top expert on infectious diseases is warning there could be $100000.00 coronavirus cases across the country a day if people don't follow health recommendations dr anthony thought his comments come as the u.s. registered another 46000 new cases its biggest any jump since the start of the pandemic. it is going to be very disturbing i will guarantee you that because when you have an outbreak in one part of the country even though in other parts of the country they're doing well they are vulnerable i made that point very clearly we are now having 40 plus 1000 new cases a day i would not be surprised if we go up to $100000.00 a day if this does not turn around the thai government disease more coronavirus
9:03 am
restrictions as the country slowly begins to reopen. students return to their classes on wednesday in an estimated 35000 schools but the government has extended an emergency decree until the end of the month in an effort to avoid a 2nd wave thailand has been seeing a somewhat of a success story in the region with just over 3000 cases and 58 deaths the. russians are in the final day of voting on the most sweeping changes to the constitution since the end of the soviet union the amendments would include restarting president putin's allowed terms in office which could see him stand power until 20361 person has been killed and several others wounded during largely peaceful protests instead down the truth hundreds of thousands of people the protesters want justice for those killed during and after the ruin of former president bashir security forces in the capital khartoum used to dress to break up the crowds. at least 8 people have been killed and 80 others injured in the
9:04 am
ethiopian town of adama following the killing of a populace sing up thousands of fans followed one dresses casket in addis ababa with protests over his shooting taking place in several cities the musician is known for his political songs. and facebook has removed hundreds of accounts linked to the so-called boogaloo movement which has organized protests against black lives matter rallies in the u.s. it comes as more companies like. them are pulling out of the concern the site has become a platform for hate crime hundreds of smaller companies which are responsible for the majority of the site's $70000000000.00 annual revenue of also poor spending. so those are the headlines the news continues here on al-jazeera after face to face mandela and the statue that's watching.
9:05 am
at my heart for thanks they're nowhere john not about. forget our president but their status often know about this when. i would also like to take this opportunity. the comrade the late my come berkshire of federal law to. stay president f. government but here had the car to. go at. that terrible wrong at the current to our country and. through the imposition of the system of about. december 1993 the packed house and on to city home owners nelson mandela the hero of the anti-apartheid struggle and frederick the clear the last white president of south africa i've years ago. people would have seriously question the sanity of
9:06 am
anyone who would have predicted that mr mondello and i would be joined the disappearance of that monday night and we'll be. both of us. before you today behind the coty askew choose the 2 leaders i would olds and the tension of the country is at its height. will let me go opponents. will disagree strongly on issues and we will soon fight the strenuous election that lean against one of them. and in my own country not what's. standing in the event the spro quest which will lay. all the city 1000 people have died in the violent. since the beginning of this year mandela and dick clarke partners as much as rivals 2 characters representing opposing camps engaged
9:07 am
in unrelenting negotiations a political and personal doom that was poised to put an end to one of the most racist when the planet's. the supreme some live pictures now out of hong kong where the chief executive caroline was addressing the media let's listen to what she's been saying that ability and prosperity with enjoyed a past 23 years would continue so you might recall last november are. coming this. is the central cleanup. session of the central theme of the coming years party trying to come his party it's a so we need to improve upon this is one country 2 systems now i've been the chief executive for years now and my view is that one country to systems is
9:08 am
totally unique. idea. that's unprecedented because it's so unique and i'm presented in this implementing taishan there are bound to be problems and issues. so i believe if we are to make sure the one country 2 systems work there is room for improvement or put to more bluntly. in the past 23 years as we implemented one country 2 systems we did see. certain inadequacies 1st of all we have not solidly handled properly the relationship between one country and 2 systems you might recall for years ago when presidency jinping came to hong kong he made an important speech on the 1st of july he pointed out exactly this point that is for
9:09 am
one country 2 systems the understanding is that one country is a route one country is the fun dacian so we have to get the foundation and root right before scene there's a chance for the 2 systems to work. so in the past 20 years we're not 20 plus years in terms of handling of the relationship between one country 2 systems assumes that indeed how can i say our we have not grasped it properly and the 2nd point is that. we have not to take an i sat to improve the system to safeguard national security. under article $23.00 of the basic law we are supposed to enact a local legislation on 7 types of crime but we have not been able to do so the 3rd point is that. we have not been doing a proper job. educating the public in particular the younger generation about our history culture and so on. we have not taken steps to further develop the
9:10 am
relationship between the central authorities and they say i'll go so. i will therefore areas work where there's room for improvement. and danger especially the people against the government there are radical. and there is you know ideas are being spread about going against the government and you know so that's why you know things could take a turn for the worse once now as last june we started to see trouble and just talk and perhaps that's the reason why and since june while the central people's government has. a top of the rise in hong kong final day decided it's time for them to take action so. this piece of legislation shows the determination of the central authorities on 3 fronts 1st the central authorities are determined to see and and
9:11 am
to the chaos and riots in the past year and secondly. central authorities are determine. and to protect the majority of law abiding citizens in hong kong they should be protected from hendra people who are causing harm and damage and this is obvious you can see in starting from june last year you know friends around you they're not speak up or speak their mind and their businesses there who dare not to work with a gun because they're afraid they will be subject to attacks or. attack or they could be attacked online or even their family members could be tracked it so during this period many people have lost the freedom to say should enjoy in accordance with the law the central authorities are determined to make sure that the majority of the citizens here will continue to enjoy the rights and freedoms that they do
9:12 am
enjoy and searchable. determination of course is about terms. implementing one country 2 system is resolutely boxing and i fully. and that includes the room for improvement that i mentioned now i said that for this. piece of legislation it is to manifestation of the high degree of trust of the central authorities in hong kong now we are talking about a national law it's about the real interest of 1400000000 people and that includes of course the $7500000.00 people in hong kong right now there are. complicated you know. international community and if you look at this law you will see that the principle are responsible for seeing and forcing low remains the how can i say our government there are. of exceptional
9:13 am
circumstances or specified circumstances. i'm sure you'll be interested in asking about those substances now apart from the specified circumstances or the other cases to be handled by the raf and. the partners in hong kong for example investigation of cases that the police force for prosecution of cases that's the department of justice asked for in the trial of cases that's the independent judiciary of the encore as they are all. now apart from on this national security law and we're also rely on russia for the local laws in handling all these cases so to me. i believe it is important that we properly enforced the law because of the high degree of trust the central authorities have in us so we have to try our very best in enforcing those laws i
9:14 am
think that this is a very important use of law if we want to enforce it properly we need you know to have the capacity to do so and that's why in the national security. lower the duties and responsibilities of the home how is our government have been clearly spelled out i'm sure that with questions on that and then there is also there are also provisions on the organizational structure. that includes the setting up of the. committee office for safeguarding the national security hong kong is our is a high level committee chaired by me and it includes the chief secretary and the national secretary and sect of justice and other. principal officials and then there is a national security department under the hong kong police force is one set up but was not yet announced the person heading this department this person would also be
9:15 am
a member of the committee or safeguarding national security and of course there is a need to have the capability to enforce law so the. police force. is empowered by the law to have certain powers and functions something. that will call and then later on the sector for security you could have perhaps tell you a bit more about that but after all it's. about things. out today is about. prosecutions without interference he said by the 2nd for justice now there is a concept about designated judges are explained a concept before another cations the judges designated by the chief executive the law allows me to consult the chief justice of the court of final appeal and how and when and also this that's nation now. it's just about how including
9:16 am
judges and various levels of the court in a list of judges and went on in the case arises. as to did used to decide which judge will preside. i think over the case. right now of course we have the powers we have the ice so can i say your structure we still need funding and a staff so are the manpower to do the work so the law in this law also make sure that there is the necessary funday after approve obeidi chip exacted financial sector you will make provisions from the general revenue to provide the funding and this is not subject to existing law so you now this is after all and the national law it is about the security of the end time nation 70. 4 for the i say our government structure that includes the committee that i chair.
9:17 am
various executive arms. we must all keep in close liaison with the raf and central. departments and that we have to work very closely together that's why they said trust authors will appoint a national security just to. sit in on meetings of the committee how that i chair for providing advice and there were also be. the my office i secured to be set up by the c.p.g. in concert that is the office for save the next century the r.c.c. . they are. as i said there will be a handful of cases under specified circumstances when the central central authorities were retained of power to handle these cases and also the inch. interpretations of law remains with the n.p.c. now we. are chartered by the central thought is do carry out this very solemn
9:18 am
task we are talking about something that has to do with the well being of the 1400000000 people in the country including the people in hong kong i so we will do . our level best to make sure we could achieve the objectives off the law and then hopefully we could improve upon the one country 2 system system and then we could enjoy long term stability and now i would ask the sector for justice to tell you something and then sectoral separately could you also speak. thank you chief executive. and national security. to highlight the plight of so we are watching live pictures there from hong kong as the chief executive carrier was addressing the media she said that there were bound to be issues with the one country 2 systems system that it had certain inadequacies she said that legislation needed to be enacted on national security she said that last
9:19 am
june hong kong started to see these protests and riots as she called them she said at the chinese central authorities decided to act she said there were 3 areas where they wanted action on was to stop the chaos and rioting that they were determined to protect law abiding citizens in hong kong and they were determined to implement the one country 2 systems system resolutely she said that there were only going to ever going to be a handful of cases where the central authorities back in beijing would handle any galaxies and jurisdiction of those cases so people who perhaps would be extradited back to china for their cases to be heard but she says that would only apply to a handful of cases let's bring in katrina you live from beijing katrina so what more has carol i'm had to say because she seemed to be saying that this was a national security law that was a clickable national across all of china and therefore it wasn't just
9:20 am
a political need to hong kong. now that's right caroline seems to be reflecting a lot of these comments we heard earlier today on wednesday from officials from the communist party here. in beijing that this would be an extension of the national security law already applied in the mainland it would apply to hong kong residents and also nonresident seen as a threat so threatening the central government's authority and it would be applied also not just in hong kong it could be applied extraterrestrial e as well now we've just had a major update here in hong kong we've heard that the 1st person has been arrested less than 24 hours after this national security law was put into place arrested in hong kong i was still getting some details but he was reportedly arrested for waving a hong kong independence flag in causeway bay which is one of the busy areas in downtown hong kong now we knew that today was going to be
9:21 am
a major test of this law it's the 1st of july which is the anniversary of the handover from hong kong from britain back to the mainland 23 years ago and there have been some protesters out protesting as there have been for 20 years people showing their support for the pennant or the hong kong government on this day and the government here in china really wants to use this law as a deterrent they've made no secret of wanting to try at least a handful of people early on to make examples of them to really encourage the rest of hong kong residents or. maybe perhaps some fear into them in terms of how they should behave rigging forward now we've got today was the test and it seems that this is a ready been pushed with this one boasting being arrested for doing little more than waving a flag it seems so it seems that chinese china really does want this law in hong kong to be used in the same way that national security law is being used in the
9:22 am
mainland people it's being kept vague so that people don't know exactly where the line is and that in the end eventually after they see a few people made examples of they will self police and make sure their own behavior so as far away from that red line as possible we we heard some chinese officials this morning who will also giving a media briefing about the new security law just remind us what they had to say. that's right so these chinese officials unsurprisingly were praising the lord justify it saying that it is the job of the central government to enforce national security this will be good for hong kong's stability good for its prosperity that people were saddened and tired of the chaos caused by these pro-democracy protests and this will help hong kong to return to being on the track of development has it has been over the past few decades the chinese government are also very much on the defensive already we've had
9:23 am
a barrage of criticism from foreign governments from japan from the u.k. from e.u. from taiwan saying that this is eroding hong kong's rights well china was not backing down when it came to that criticism it's a curious of the government's of being hypocritical saying that it's the job of any central government to enforce national security it also said that many western powers in particular were misconstruing and misinterpreting this whole one country 2 systems policy that it's not about beijing being hands off when it comes to hong kong it's about beijing really drawing the last line in the sand in terms of the buck stopping of in terms of it being the last line of control in in hong kong so it was saying that this is really china china's internal affairs other countries would should really stop meddling and that china has no intention whatsoever of backing down and pulling back when it comes to the enforcement of this law and that arrest seems to reflect that and also reflected this huge gap that we've seen
9:24 am
perhaps a growing gap between what people in beijing believe what the communist party in beijing believe and what the people in hong kong want and feel alright to continue their live for us in beijing katrina thank you let's cross over to hong kong now and talk to sarah clarke is out on the streets for us there sara so a significant day in hong kong one because it's the anniversary 23 years since calm was handed back to the chinese of course and secondly it's the 1st day of this new national security law and we understand that already. one protester has been arrested under the conditions of the north just talk us through where you are and what's been happening on the streets now. where we are we're at the beginning of this march the rally that was initially old not by the super human rights front the police denied their request to go ahead but it appears it's going ahead anyway and i'm not going to see the people behind me these things people that looks like quite a sizable number of people trying and trying to not from here in kuwait fly by to central that they were hitting this fly and now they're heading back which means
9:25 am
take a lot of police i guess the city right by to try and make these arrests and as you mentioned we have had our 1st arrests made under the national security law that what we do believe with this particular person he was arrested he was checked initially and he's back had a flag at the gate and a russian sub he suffered from the 1st person to be arrested and i think i have heard he knows and i do incur tougher penalties as thank you guy ask us for say some of these prices high and high china to be heard but it is about iraq you could say despite the fact that the police said no to go to his ranch own wednesday on july 1st i did find this was a 5 i see and i was tracking i think i was in from home say we're going to continue because getting caught rowdy that now but i mean how worried are people broadly then about this new national security nor because you know leading
9:26 am
pro-democracy activists like josh along they've stepped down from the pro-democracy parties i mean how are the people generally about what this means for hong kong. yes you had a number for democracy parties disbanded the day before when the event was being introduced hanging in his anger in the streets and here but as you can see behind me these people as you know your show is the level of anger against what i believe is china middling and hong kong's affairs and certainly these are the toughest new laws to be introduced in hong kong and who fear as a result and even those who are to the judges that will hear about the cases in hong kong those judges people would have carried them so clearly i have said ok so i did and well organized operation on his national security people until now where where are they actually do you see how these national security holes and tomorrow were put into place wednesday july 5th or want to talk a lot of 1st in hong kong so it will no doubt be with you again throughout the
9:27 am
morning thank you. let's move on to some other stories now because the united states has registered its biggest daily jump in coronavirus cases since the start of the pandemic there were 46000 new infections on tuesday but the country's top expert on infectious diseases is warning that number could start to double if people don't follow health recommendations jabatan she has more now from washington d.c. tony felt this was all in this congressional testimony about the spread of covert going to in the u.s. it puts the entire country at risk we are now having 40 plus 1000 new cases a day i would not be surprised if we go up to $100000.00 a day if this does not turn around and so i am very concerned dr foundries suggested several states were reopening too quickly our reserves are california florida and texas are all having to rethink their reopening plans as cases spike the u.s. still mags and testing contact tracing social distancing and mask usage white house
9:28 am
health advisors bill murray invest in their testimony that satisfied with what's going on because we're going in the wrong direction if you look at the curves of the new cases so we've really got to do something about that and we need to do would quickly short answer the question is that clearly we are not in total control right now. a recurring theme was a lack of concern among sections of the population who refuse to take even minimum protections for themselves and others and their suspicion of science in general but it is also repeatedly criticized a president who refuses to wear a mask and has been urging a return to normality these 2 parallel messaging operations and i just think it's worth stipulating that everything we're hearing today is responsible is based on evidence but the agencies represented here today have social media following of about 5000000 people the president states as a social media following of 82000000. president rome's opponent in the forthcoming
9:29 am
elections seized upon similar themes during his speech in his hometown of wilmington delaware the president is no direction and he preaches against one another. we can't continue like this half recovery and have good words we can't continue half worry mass and half rejecting science but in fact there is no consensus among the republican leadership that mosque wearing should be encouraged something the white house press secretary said the president has no issue with the president has said he has no problem with mass that i have courage of people to make whatever decision is best for their safety and to follow what their local jurisdictions say yet the president is expected at mount rushmore on friday to mark the beginning of the independence day weekend officially there will be no attempt at social distancing a mosque will not be mandatory chevrons the al-jazeera washington. u.k. prime minister abbas johnson has announced $6000000000.00 worth of infrastructure
9:30 am
projects saying britons can continue to be prisoners of the coronavirus and u.k. economy has seen that sharpest fall in more than 40 years because of covert 19. leaders of the g 5 say hell countries and french president emmanuel michel have met in mauritania to discuss how to reduce attacks in the region in mali the political situation is getting worse with calls for the president to resign the reports. friends is calling on the cell countries to step in and make good unwanted views as recent military success early in june french forces killed al qaeda in the islamic magreb leader abdel mali president wants to see the return of state authorities in places they have cleared from armed groups still on the book you know france will be there as long as it is desired and requested by this a whole states themselves and for as long as they consider that the sovereignty and security of the people of france and we will be there as long as we consider that
9:31 am
if it's a being made by each of the amuse of the g 5 said no in that's our all is therefore useful. the new stated objective of the french led operation bar con is to destroy the stomach state in the greater zaha in the border region of malines share in pristina faso along with the support of some health forces but a un investigation accuses soldiers from the countries of not only failing to protect civilians but killing the people they are meant to protect add to that allegations of corruption and audit in the defense spending reveals that over one $120000000.00 has gone missing from state coffers well the president is accused of spending state money for personal gain he's facing a wave of protest led by the influential cleric mahmoud deaker. he tells al-jazeera removing foreign troops alone is not the solution it's the leadership that needs to go home and although he just won't but i do here we're in
9:32 am
a difficult situation we have a state that's bankrupt we can't go on without the help of the international community or allied nations micro was joined by the spanish german and italian prime ministers my at a video conference with the french security in europe is contingent on stability in this the hell this is held desert is used to smuggle migrants and drugs 500 special forces from european countries are expected to join operations in the region with more troops on their way france's intervention is an ending any time soon nor is it special relationship with these leaders who are facing mounting criticism at home because hawk al-jazeera. that's it for me for now the news continues here on al-jazeera after counting the cost thanks so much. from sunrise to sunset. across asia. and
9:33 am
the pacific. explorer. fascinating stories. of diverse cultures. and conflicting on the takes. one on one east on al-jazeera. hello i'm come all santamaria this is counting the cost on al-jazeera the weekly look at the world of business and economics this week europe how does the continent deal with a rising china and a u.s. president who riles his own allies to the threats facing new york from a silent chinese economic takeover a full blown trade war with the united states also as black lives matter draws the
9:34 am
world's attention will look at how silicon valley and the world of finance has really failed black people will talk to the c.e.o. who functions like businesses. and state backed cyber attacks they're nothing new but they're also on the rise during the pandemic and the targets are the vaccine makers and the barges. these are i think we can all agree extraordinary times but zoom out and you'll see the big picture is just as unpredictable we're focusing on europe this week which is that a bit of a crossroads when you consider the pandemic as well as an expanse of china and a retreating united states. as we know president trump has a habit of undermining his allies he surprised a lot of people by saying he plans to withdraw 9 and a half 1000 troops from germany and a decision to expand sanctions on a gas pipeline from russia to germany has been met with anger in berlin but it is
9:35 am
the rising threat from the east looming large not only china's human rights record its aggression towards its neighbors but fears that it could actually use the pandemic to establish its economic supremacy across europe we'll talk it all through in a moment with our guest 1st dominic kane sets the scene from berlin. imports across europe vast vessels arrive from china on a regular basis offloading goods destined for the e.u. in the u.k. and then returning with goods for the chinese market but it's a relationship that people in brussels feel is not equal and we continue to have an unbalanced trade and investment relationship. we have not made the progress we aim for in the last years summit statement in addressing the market access various we need to follow up on these commitments urgently. and we also need to have more ambition on the chinese side in order to conclude negotiations on an investment
9:36 am
agreement this thought runs counter to the stated aim of the chinese premier league chang at an event late last month he seemed to indicate his country's commitment to equality in trade what we are just we will enhance the cooperation with the rest of the world and will launch more measures to expand opening up our own initiative opening is just like the air one cannot live without it for a minute while opening to the world it will also work on maintaining the stability of the global industry and supply chain for the future so many governments in europe and across the atlantic see a stark contrast between premier league's words and his government's actions the us secretary of state pulls no punches gerry is very strong our nation as well. and our of this is the best surveillance state and it's flagrantly attacking european started by buying up ports in critical infrastructure. we must guard the
9:37 am
golden wonders of the economic crisis. the challenge isn't just in the gates it's in every capital it's in every. in every province. every. rice. ministers here have shown a marked reluctance to speak out so forcefully germany exported around $400000000000.00 worth of goods to china in the last 4 years meaning many german firms have strong links with the chinese market links they cannot afford to lose. one analyst says this puts the europeans in a difficult position so this is maybe the one reason why the europeans and the germans are so has a tin in using this strong weapon of sanctions against china or because we want something from china we want to have that trade deal but we don't want to have a bad deal what complicates matters is the perception in many western capitals of
9:38 am
how the chinese government treats its own people scenes like these in hong kong lists year have drawn strong condemnation from the e.u. and us the british government has denounced changing chinese policy visa v hong kong we are deeply troubled about this that we put out a joint statement and the decision now lies with china but if it follows through on this legislation and implements it it would clearly violate the autonomy of the people of hong kong and it would also violate the freedoms set out in the u.k. china joint declaration which dates back to $984.00 the chinese government bristles such suggestions. there is no single word or clause and they see no british joint declaration that enforces the u.k. carry sponsibility for grant after its return the u.k. has no sovereignty jurisdiction or supervision over hong kong after its return and therefore the u.k.
9:39 am
has no right to make responsible remarks on hong kong affairs and interfere in china's internal affairs for the federal republic of germany this poses an ethical problem it's basic law as in shrine the liberalism to. ocracy and humanitarianism to deal with and i advocate an open dialogue in which we continue to work with china on such important issues is the conclusion of an investment agreement progress in climate protection and our common role in africa but also on issues of the rule of law and human rights one berlin based analyst says that chimes with a view increasingly held in german society in terms of public opinion we do see that people are starting to become more critical we have regularly asked what germans think about china's increasing role on the international stage very few people actually only 11 percent last year said that that was a positive development. and yet it's clear that in beijing the desire is to deepen its investment in an involvement with europe in the near future leaving the
9:40 am
europeans with a dilemma concentrate on economics and downplay humanitarianism or find new economic solutions to allow them to retain the moral high ground and into that question comes what some analysts believe is a vacuum of u.s. influence under the current president regarding global issues like climate change the united states and the president trump are not a partner in this project any longer so we need china as the global the other global power to cooperate with us on climate change we also need china are to remain the core of the multilateral world order so again the u.s. under trump actually is not a partner in that any longer all of which means that in brussels and when there are many long term questions being asked dominic kane al-jazeera berlin with us now from london robert courtly jr here is
9:41 am
a visiting fellow at the helena observatory at the london school of economics nice to have you with us so we've got the split berlin slash angela merkel wants to keep those ties with china and then you've got the other sort of part of europe you could say the brussels slash micron's side which is more wary of that can can they exist side by side. to market morning thanks for having me i think it's an interesting time of see chancellor merkel takes over the council person save the last time next week and she has said she will use the time to have constructive dialogue with china which really sadly really doesn't mean and. i think it's important to look at it from an economic level which is that such china likely has a much stronger trading relationship with germany than it does with france's picture and since germany is the 5th largest trading partner it's china where as france is the 17th rating largest trading partner i think when it comes to human
9:42 am
rights and even some actions of investments in emerging markets the e. position that china is is unsustainable going forward it's not going to work european union also rolling out some protections for its industries in and and germany would know about that wouldn't have a fave had very aerospace industry and technology industries impacted already. yeah there's an understandable level of concern around chinese investment in say europe but i think it's also important to remember look both sides need well actually at times the chinese have been willing to invest where others haven't and so between 20082080 china invested 320000000000 into the when there was no investment it's helped regions to improve and so companies for and for even we forget the chinese investment owns the chinese investors own although they own a significant daimler they own for
9:43 am
a us court they have been good investments but the problem at the bottom line is and this is something else the moderates best again is worried about and many of these are worried about is that there is no separation between the chinese state and chinese business which again is not really compatible with the way the e.u. works i wonder though if anglo american is actually being almost prudent in her thinking with china given the other major relations your has with the united states is declining shall we say with regard to the united states the u.s. is pressuring pressurizing germany to resolve issues like north stream to germany gets 70 percent of its gas from russia it doesn't seem compatible for the u.s. to be spending an awful lot of money protecting and guarding germany from any vacation from washington are going to happen. and it costs a lot of money to have troops in germany so there is a troop there is
9:44 am
a discussion around having troops going to poland and ukraine instead they're being redeployed which we must keep with the u.s. we can focus too much on them on germany county just because of its power just finally and briefly how would you describe the state of of trade in economic relations between between the u.s. and europe right now it can get well i wonder if the nuances can get. covered up by donald trump and the things he says about europe's terrible it treats america terribly germany doesn't pay its dues to nato all these sorts of things. clearly relations with the us and the australian the trade and and the loss of the tech stocks are front and center of that i think what you have seen or what you are seeing is part of a post over 90 movement it's a global economic realignment or deep globalization which has some people what it is and what you have instead i think is the prioritizing its future the case it has made for strengthening its own market its internal market it's about the access that companies get it's about the access that you get to customers and that that's
9:45 am
the problem the problem is not necessarily that their actions strain but where the relations are going further all right robert courtly generic talking well europe the us and china with us this week thank you for your time thank you. the death of george floyd of the hands of a white police officer in the united states has opened up a lot of conversations about black representation in almost every sphere this is not a movement just about violence against black people it is about quote unquote the system. this number should shock you 0.4 percent according to harvard university that is the proportion of black people who got money from venture funds between 1926 day in less than half a percent in the period when money was really being freed up because of the emergence of dot com but disparities like this go back to the birth of the nation really equal opportunity has always been denied to the black community for example
9:46 am
the net worth of an average white family it's $171000.00 for a black family it is roughly a 10th of that $17000.00 which means when people try to start a business they know and have access to that existing family wealth but it's also estimated that the spending power of people of color in the united states is about a trillion dollars and so some men are trying to redress the balance and probably recognize the lack of diversity in the tech and financial sector one particular venture capital group impact capital has invested in 17 startups and is raising $100000000.00 for a new fund or collins is the c.e.o. of impact x capital he's with us from london now and it's a pleasure to have you with us i know that you are all about other people and finding their stories was it difficult to i mean the crux of what we're talking about is the idea of money not making it into the hands of people of color is that
9:47 am
what was that your experience. so my experience is i think shared by a number of other entrepreneurs what i found before becoming a better capitalist is what was reported in the kauffman fellows research recently that between 20012018 that we have and actually that we find that lat and diverse entrepreneurs actually have a much harder time raising capital in the 1st place but once they've actually raise capital there's an interesting dichotomy what then happens is they actually are able to raise more capital than their non diverse counterparts and in addition they return more capital to investors 30 percent more capital after they actually exit so the interesting thing is i think that there is this there is truth that there is challenge in terms of raising capital but then there's this mythology that black entrepreneurs and diverse entrepreneurial teams don't return at the same if not a greater rate and the facts show us 260000 bounders studying 20000 start up
9:48 am
companies that is that diverse entrepreneurs in adverse teams actually deliver more and are able to raise so we want to get what is it behind he said the facts the facts say that what is behind the eyes facts what is it that means that. those returns are as good as in say. i think behind the facts is a very interesting sort of complicity and i said this before this if you look at venture capital venture capital is very very interesting at the moment among most people but idea that you can create in a single generation huge amounts of wealth think of jet beezus and sort of the richest person in the world right now that is created through technology and that technology business that he don't call amazon started off with venture backing because banks could next year fund his ideas they couldn't see in the future he was able to raise money through venture capital what we find is that there are generally funds that are not coming from diverse investors that are going to those
9:49 am
organizations and that indeed the better capital industry itself shows itself to be one that likes pattern recognition so if they're white men who are making decisions they make decisions that lead to an amazon more white men are back in order to make decisions to bet more white men to lead to more companies that are like amazon and others because that is above the and what we don't find is that there's either pressure at the top of the organization in themselves to say they should do anything differently maybe feels as though what we're doing is right we are the west coast we are silicon valley everyone else in the world envies us why should we change and incorporate women in people of color and by decision making ranks why should we invest in black and diverse country norks and women lead companies because we've found that if we back microsoft we back amazon you bet google if we back facebook all of those are huge companies and all of them are run by white men bested by white the challenge is if you don't break this and we don't have people like lp they endowments in the pensions that are putting money behind these
9:50 am
organizations forcing these organizations to have a conversation about could they have had better results which the kauffman research that i mentioned earlier actually refers to we could get better results if we were using diversity then we will never get a change in this and that complicity to sort of by the what. going to do it the same thing forever and ever will continue to be one of the hampers to our military factors are billeted to actually grow really great business you used an interesting word they used said forcing whole thing these companies and people to take a look at themselves and and question what the more they could be doing. that's not great i mean if i just think of an unabashed human level it's not right that people should be forced to think about that because they should have been things which have been thought about anyway and that obviously they should be thought about it all in an ideal well i know that we don't live in that but really none of this should be should be a hurdle what is it is it is it structural is it is it an unconscious bias what is
9:51 am
it that's that's false testimony makes and you make a very interesting point and you and i are in violent agreement about this this should not be something that needs to be thought about but when i was in boston and i received my 1st term sheet back 2025 years ago there were less than one percent bencher capital investing with 2 black entrepreneurs less than 4 percent which women lead teams it is now 2020 and the same numbers exist in europe in the united states that less than one percent of venture capital funding goes to black entrepreneurs and less it works a ghost women lead teams that is a number which hasn't changed over to the 20 years i don't love that but i love the opportunity for instance when i build a business i try and incentivize founders to stick around he employees to actually contribute in ways that see in almost superhuman but when we come to the situation of venture capital being invested it appears that incentives whether they be government backed others have not led to the result of
9:52 am
a more diverse set of decision makers and then allocation of capital so i'm getting further and further away from my perception that there are incentives they can actually exist and that there needs to somehow be more forcing function and that forcing function whether it be quotas or others needs to be taken into account and here in the u.k. where i guess i sit here in london 'd there actually has been forcing function it's been taken of that's been taken into account respect to women on boards of directors and in other positions management so we do see that those exist if we go our way back to the 1960 s. and seventy's in the united states we had formative actually had things. long civil rights bill to order to make sure that the systemic issues you may not be able to change people's hearts and minds we need to change their pocketbooks which maybe rocks into ships and different sort of perceptions of the future or what they're actually being taken but quite frankly if we can't get to the point getting their hearts and minds to change the incentives then we need to make it we can't continue
9:53 am
down this rumor another 30 year no exaggeration where just this area collins from impact x. capital great to talk to you thank you thank you mark a sophisticated state based cyber act that is how straight in prime minister scott morrison described the player behind months of computer hacking attempts on government institutions he would go no further than that leaving it to the public in the media to decide just who he was talking about but the prevailing theory is that it has at least something to do with china though china denies any responsibility the pandemic has seen an increase in cyber attacks right around the world and perhaps oddly many have been targeted at the very research labs developing the vaccines or drugs to combat the virus researches and drug makers don't necessarily expect to make huge sums of money from the deployment of their products but it will enable economies to open fully and that helps everyone not to mention they'd be plenty of kudos and the possibility of the vaccine being gifted
9:54 am
around the world so who would attack these labs and institutions we're going to talk to robert hannigan about that he's the chairman of the cyber security firm blue voyant international also previously the director of the u.k.'s largest intelligence and security agency a well placed to talk to us about these issues robert you know after any sort of attack our immediate thought is who would do this but a cyber attack on the very people who are trying to stop this virus and this pandemic. all i can think is what yahoo would do that. well it's a great question because it's a time when everybody is suffering under this pandemic in the same disappeared i lost it but actually doing the 'd months we've seen a big focus on the health system so attacks against bomber companies like ants health institutions on the other for order makes it because it so it's not that surprising and if you think the most valuable 'd intellectual property in the world
9:55 am
right now a vaccine for that 19 or any effective treatments i mean you can see why criminal that nation states would be going out of this particularly 'd nation states so let's talk about that this idea of sort of state on state cyber attacks is that more quote unquote effective or is that the end game rather than going after individuals or companies well this is that the high end most cyber attacks are criminal or about money most of what we all experience every day in our companies. in cyber attacks are typically crime but at the high end of sophistication nation states have been attacking each other are or at least 15 years that cite this case and very aggressively in the last few years so there's a history to this it's not suddenly started in. the example that we've had recently from australia where the strain prime minister talked about state by still state backed cyber terrorism he's very careful not to say who he thinks it is but i think
9:56 am
we can cite the cite the prevailing theory out there is that it's something to do with with china and china just basically says no it wasn't us. yes but the australian government as you say been tested not to attribute this time but on previous occasions when there's an attack on the australian parliament last year attacks against a distant 2nd they did attribute to china and this attack looks quite similar in its methodology in its targeting of states institutions and organizations so there are obvious questions about whether this is china again given the tensions between china and australia kogut most recently when we talk about and again using the phrase this was state by state active now and that turned this case could be the state or it could be a company which we think in plain sight the obvious examples when we're talking china or the likes of huawei and tick tock which people seem to have to fear about us i mean do you feel those fears a warrant is well there is certainly
9:57 am
a worry about chinese state facts and surprises because in china there is no distinction really between the states of the communist party and the private sector and while it's not fair to say that every chinese company is simply in our. state if the state asked them to do something for the state they would have to do it they would have to on the ball but also for their own self preservation so we have to be wary i think about companies that are based in china just finally what sort of miami where essentially talking about a business here cyber hacking it is a business how much money or what sort of sums of money being poured into it on both sides not just attacking but trying to fight back against it well you're absolutely right that it's about money and the best guest and that's frankly about cyber related fraud run into the trillions of dollars for the next 2. i think it's
9:58 am
mostly about cyber criminal groups but nation states at the high end up doing this to a few political objectives for example we see to really. concentrate to fix problems . with their attack on the water treatment facility by electing. a counterattack is where they get serious holes so that's a nice example of how states are doing. on the spending side of the space and attacking it. would have been talking cyber attacks with us this week thank you so much for your time to appreciate it and that is what will leave things for this week but i want to hear from you your thoughts on this week's show with the future episodes actimel h.a.e. you can tweet or direct message me with the hashtag i j c d c our inbox is open as well counting the cost of 0 dollars that is the entrance of the movie online of al-jazeera dot com slash c.t.c. as well that takes you directly to our home page individual sports links and entire
9:59 am
episode so you can't and that is it for this edition of counting the cost i'm come all santa maria from the whole team thanks for joining us news on al-jazeera is next. play an important role in the. face. if you were in beijing looking out the pacific ocean you'd see american warships when myth was that somehow time is aiming to replace america and around the world all the chinese are not that stupid these guys want to dominate a huge chunk of the planet this sounds like a preparation for our 1st president george washington said if you want peace prepare for war the coming war on china part 2 on
10:00 am
a just. the us is always of in fact the people all around the world people pay attention to will get on here and i do see it is very good to bring the news to the world. and new security law imposed in hong kong does little to stop protesters voicing their concerns. i'm sam is a damn this is al jazeera live from doha also coming up it's the last day for russians to vote on whether to extend out of here putin's presidency some of his former supporters say it's a step too far. israel expected to begin the process of axing part of the occupied west.
60 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=2035306051)