god and love, what are you doing to a come together. they like to say to you sitting around but the one thing missing is the government and large gatherings. but i was passionate about the sports, at least for now. terry with us. hello adrian, for the get here in doha, the headlines analysis here. if your peers government says that faces integrate a fired rockets into a neighboring region. thousands are fleeing sudan. the human rights commission is investigating reports of a massacre in the northern town of like mohammad other reports in northern ethiopia

. with a government report made in the western part on friday they are taken to the capital of the march. but it's the final day for ethnic albanians to leave areas of the goto cutback that will be handed over to as a by sean song set fire to their homes as they left the 1st hand of armenian control to us about shot as expected. on sunday. rival factions in libya have agreed to hold nationwide elections in december next year. it was announced that u.n. sponsored talks into this delegates so that the appointment of an interim government

and a, a 30 year ceasefire has ended in the disputed territory of western sahara. the pro independence policy audio front declared the deal over after american troops launched an operation. the us president donald trump has admitted that he may not be leading the next administration. he says that only time will tell trump previously alleged voter fraud and claimed without evidence to have won the election. italy has reported its highest number of new coronavirus cases. since the pandemic began, the health ministry registered almost 41000 infections and 550 deaths. in 24 rescue operations are underway in the northern philippines and it's severe flooding left by typhoon vanco. it's the worst storm to hit the country this year. as the headlines quick change of stevia for mail back with counting the cost next. as donald trump been good for america, everything is in disarray. the media, of course, take in every bit of bait that they can to demolish the fact that america has been

a force for good in the world. from the american people get inspiration from him and the other half cringe. your weekly. take on u.s. politics, and that's the bottom line. i'm adrian finighan. this is counting the cost on al-jazeera a look at the world of business and economics. this week. the once mighty financial capitals of the world and refused to coast towns by the pandemic. can they reinvent themselves? as more people work from home? we're in brazil where millions of lost their jobs to the coronavirus, but some of found new ways to feed themselves. that could also help in the fight against deforestation that ought to sink into record lows. the turkish lira reaches

for higher ground, as the central bank of about, and his son in law, resigns as finance minister for more than a century, cities have been magnets for millions of people with the promise of a better life and work. but the pandemic is realizing the way we live and work. city centers have been turned into ghost towns as people work from home. so that could potentially leave last thing. scars with shops, restaurants, and services that case the commuters being decimated by some estimates. the economic damage to the world's top 2 financial centers supposes the wreckage of the financial crisis of 2008. new york and london are also facing a huge drop in tax and transport revenues. new york is expecting a $2000000000.00 for all in personal taxes this year, and unemployment is at 16 percent. that's twice as high as other cities in the country. only 10 percent of manhattan office employees have returned to the

workplace as of late october, that's up from 8 percent. as of mid august london's transport system, which includes tube trains and buses was bailed out by the government. the $2400000000.00 loan for short of the $4800000000.00 needed over the next 18 months, passenger numbers and revenue a down 70 percent. because of the pandemic, we have 2 reports for you in a moment. gabriel is on the looks at the opening of america's biggest mall at a time that most of us a spending more on line. but 1st al-jazeera as john hendren takes a look at chicago's downward financial spiral. as the economy feels the impact of the pandemic. the pandemic has scarred chicago's historic landscape plywood replaces neighborhood haunts. sports bar, the rainforest. cafe all gone. the city's famed willis tower is mostly empty. at shuttered navy pier,

the ferris wheel is indefinitely stalled 40 percent of restaurants nationwide expect to close in the next 6 months. according to the national restaurant association, it's going to be 60, maybe even 80 percent, because right now a lot in the warmer days we can sort of hit a break even if people, if the business goes down, people are going to run out of money pretty soon you have to be creaming your house after 3 decades in chicago, celebrity chef rick bayless, whose trim staff, it is numerous, chicago be stroh's. it is bracing for worse to come and his pockets are deeper than most restaurants, especially independent own restaurants, are sort of the fabric of the neighborhoods come next spring. if we don't get some sort of financial assistance from the government, those neighborhoods are downtown area. they're going to look very different and it's going to take

a few years to rebuild. restaurants are getting creative with street closures, an outdoor seating and heat lamps. they're trying to keep people coming as long as they can, but in cold weather climates like chicago, nobody really knows how long they can go on. chicago's once bustling magnificent mile shopping district is a shadow of its former self with even open shops, boarded against recurring social unrest. their protest chants echoing in one american city after another, violence is up and it is causing some minor flight out of the major cities. we're seeing more and more people moving to suburbs outside urban landscapes. and i think that is a real concern on the other side of this virus. this spiraling economy spans across the u.s. as once for low jobs are gone for good. each day the pandemics losses mount in lives and livelihoods. the latest here is central camera. the chicago institution

opened it 899 closed in 2020 and hoping to reopen again. john hendren, al-jazeera, chicago. it's a shopping mall like no other in america. it's got the shops more than $350.00 retail stores under one roof, but it also has slides, a full water park feeding in a giant pools and also slopes the ski and snowboard type. it's all part of more than 20 entertainment at tractions. at the newly opened american dream shopping mall near new york, the largest shopping center in the united states, 20 years and 5000000000 dollars after its inception. he was supposed to open in march, but couldn't do covert lockdowns as crews put on final touches for the grand opening that happened in october mall executives promise it will be successful despite new

obstacles and changing consumer behavior. more people buying online rather than in person. and fewer people wanting to flock to shopping malls, or retail stores during an ongoing pandemic. when you think about it, that millions of people down. no experience feeling supplicated going crazy. looking for something to do, looking for something that they can really reenergize in reignite the family unit and we believe that that's going to be american dream, but not too far from the mega ball here in new york city. the struggles in the retail industry are obvious. everywhere you look, shops are boarded up victims of covert lockdowns in an economic recession, unemployment in new york city alone during the height of the pandemic reach nearly

20 percent. and it's still around 15 percent today. and an estimated 80000 of new york small businesses may never reopen. we've been talking a shakeout happening in retail for a long time now. and the pandemic, i think has accelerated the shakeout that had been coming. and you have a number of stores that just aren't going to make it because they don't have enough cash on hand, or they weren't able to raise enough capital. that leaves odd in uncertain times in the retail industry. as businesses close, while a mega mall calling itself, the american dream tries to lure customers with attractions. at a time when retail in america is much like a nightmare. gabriel's onto counting the cost. now the city of london corporation's been working on a plan to revive the financial district post pandemic. john romeo, chief, executive of consultants. all of the wyman forum has been involved in that process

. he joins us now live via skype from london. john, you face a pretty uphill challenge, a number of firms have already started looking for small offices as they adjust their office requirements to cater to the number of people who are working from home right now. how do you counter that? thank you, adrian. i mean, this is, you're right when it comes to infectious diseases, the advantages of cities that density of talent and global connectedness actually become vulnerabilities. and in the case of london, a whole series of challenges that predated coded. 'd the rising cost of living. 'd some of the infrastructure, the inequalities where. 'd we just became that much more pressing and that workplaces are a great example. we saw pretty much overnight with the emergence of the. 'd 10 demick, most of financial and professional services, switched to remote working, something we thought would take 5 years. and now as we look forward,

some of those changes are, are looking more and more permanent. certainly there's a different demand for the mix of public transport options and how you use commercial space. now it's uncertain what those long term trends will be. but certainly some of the takeaways i think are, are becoming clear that we're. 'd in a more permanent, flexible working more businesses are expecting to have teleworking. 'd options going forward but that said in our mind certainly the office. 'd is not dead, it's just changing and whether it's a university model, a club model that face to face interaction needed for collaboration and co creation . and a lot of the things that drove success of, of london in particular, professional services, financial services and, and technology are still going to be. 'd required so we see it rather than being that stench of threat. we think it's much more an opportunity to reimagine and reinvent some of that space. ok, so what's the plan? office space in london?

notoriously expensive. i mean that's not going to attract stops. what do you need from the man of london from, from the government? are we going to see office prices coming down? i think it's a much broader question. london is much more than just a physical space. and if you, you mention, start ups, london has the 2nd highest rated ecosystem startup in the world, and behind only silicon valley, the good number of tech unicorn's, the advanced technology companies that exist there are 2001 to the focus on ai, over box on quantum computing. we've got an ecosystem across some of the regulatory environment. the business is the education system, but london is london because of its people and its ability to attract that talent. and so, certainly the pandemic has highlighted some of the shortcomings within that impose new challenges and whether that's working in silos or other areas. and so what

we're looking for and hoping the mayor does is use this is an opportunity to identify the strengths that london. 'd has the hubs for. 'd experts in innovation, but using that to connect across some of these silos to thinking about the diverse population that we have and making it not just about diversity, but also inclusion. and thinking about for those high potential business is helping them to survive. helping to connect them to advice, to funding, to, to pick chairman and bring that all together. and you talk about talent. some of that talent, a big chunk of it, is going to be what is going to find life a lot more difficult from january the 1st when, when workers from the continent for example, won't find it that easy to come and work in london anymore. it makes you, it puts you to a competitive disadvantage on stage, doesn't it? i'm not, i'm not sure. i mean, the u.k. is changing its trading relationship with the world where that's being redefined. and again, it becomes an opportunity to,

to rethink some of it's so on the one hand you've got digitalisation. 'd equality, climate change, those are all now global priorities that countries and cities need to react to, to stay attractive in and competitive. there is a global trend towards putting more in big the opportunity for. 'd london is to continue to fly that flag for a global. 'd outward looking britain that that is built on a reputation for. 'd its global financial center that hub for professional services and technology. we've got those capabilities. 'd at scale, the retail sector was already on the going fundamental change before the pandemic. and because of people's changing habits, you look at john lewis think that the big 6 successful department store chain, which is, which is now reducing its footprint. it's changing the use of some of its properties, some of the flaws in its big stores to office space, even affordable housing as well. now we're talking about one of the main

competitors in which is the west end of london, not the city of london, which we're talking about here. you concerned that there's going to be a flood of office space affordable office space across the the, the capital which is going to put you again in the city of london at a disadvantage. the report was commissioned by the city of london corporation. we were looking at this as recommendations an opportunity for. 'd monday in indeed the u.k. more broadly. so rather than viewing it as competition between parts of london, i think this is much more an opportunity of thinking how london as a major city as a hub for. 'd the whole of the u.k. and indeed other beta cities around the world can reinvent themselves at, i guess, in terms of your specific question on the, the, this space, what we, what we see is a need across the city. the city of london broadly defined as it is the requirement

to adapt and design the space in a different way to meet these changing needs. a new density of, of work, places across sectors and how to use that, that space to be transformed. that's going to have to happen everywhere. we don't think that that goes away. it's just, it's going, it's certainly going to look different really going to talk here many thanks again for being with us and counting the cost. thank you. pre-sell slums, the coronavirus pandemic, has forced more people out of work, has left them struggling to afford life's basic beings. but some people are now growing the own food and that could be helping to slow deforestation. as monica explains, rio de janeiro,, a city surrounded by mountains of lush, the g.t.a., sion which is rapidly disappearing. sprawling slums have been devouring the forest for decades. they're still growing invading protected areas like this one. but now

environmentalists like donna, some dos have founded the coronavirus, an unlikely ally to fight deforestation. when the pin demick began and started knocking on her neighbors' doors to distribute organic vegetables along with seeds, sprouts, and instructions on how to grow them. for the idea was to convince people to build less and turn to mother nature. at a time when the economy had shut down, and 10000000 brazilians were going hungry, all the hooked up to the top of the pandemic, helped an up prove her point when she moved cheerily. u.g. had dreams of a bigger house, but coated 19 left her husband unemployed with the family discovered that nature could feed them if only they'd let it live. the new horizons buying food for

everyone costs us at least 1000 ryall. but by planting our own organic food, we're not only aging healthier, but saving at least 300 ryall a 3rd of what we spent in the supermarket. lot of was in the heart of religion it or not one of the pretty violent strong family of 12 corn avocado and also herb the family lives in what is called the promised land. an extension of the being a complex slum home 250000 people. it's controlled by the red command, one of brazil's largest drug cartels. they're responsible for occupying new territory and distributing it. and it was selling. it took a lot of negotiation with the drug traffickers and the neighbor has to convince them that destroying the forest is not the best way out. paper made roofs over

their heads. and as families grow, they build marmol. but with a pandemic, they realized that cement bricks can't feed them and that is no building the cistern to store rainwater in the promised land. while need maida, who spent 6 years in jail for drug trafficking, is helping very clear the land season. i was in prison when the pandemic began. unable to help my wife and 3 children, i was lucky to be given this new opportunity. it's not only a job, but a new way of looking at life my that and she used to be a street vendor until the pandemic with no job and time on her hands. she started raising chickens. she plans to transform this whole area into a fruit and vegetable garden, an urban slum, still surrounded by poverty and violence, but where mango trees are now allowed to flourish,

and children and animals roam free as if they lived on a farm. monica and not give all just sirrah rio de janeiro. now you fire central bank of about one day the next day. your son in law steps down as finance, but his investors held their breath as turkey's president ended, what appears to be his unconventional economic policy. you see, interest rates have been held as low as possible in the hope that it would revive the turkish economy when your currency sinks more than 30 percent in a year. that inflation saw as you need to increase interest rates. the central bank has spent a staggering $100000000000.00 trying to prop up the currency, but what's driven other want a more conventional economic policies may have more to do with the u.s. election. joe biden's victory could mean turkey's hit with sanctions for its purchase of a russian missile system, something the president trump was unwilling to push. right,

let's get down to the nitty gritty here and name as lamb is the chief market analyst of eva trade. he joins us now via skype from london, so fast the central bank governor was fired then early on, son in law, stepped down as finance minister was a bit of a shock. what do you make of it all? i think the key word this year views, that is shock best. how it came across in the forks market as well. because knew it was really expecting this particular move. however, the important and the key element to put this is that yes i do go on. if given a free hold to center banks and that means central banks can be, can play with the interest rates in order to increase the inflation. that is the key. i mean, because of that anticipation in the market days that perhaps in the coming days they will event at 98, we could see an interest rate increase in turkey by good basis point

and big tears at that particular reason. we've seen this massive heat against it. is this an admission that the spending $100000000000.00 to support them? the lira was, was a costly mistake and has it got anything to do with joe biden's victory in the us presidential election? i think joe biden's victory is a completely separate factor over here as well. and that is more by reading, building bridges than walls with other countries. because i think that is the rare mantra with respect to biden's administration of the president elect biden's administration. so going forward, what we see in terms of foreign policy from by did 2 ways. turkey is going to be more moving towards a new manager level and that means more businesses and more economy. all right, so you say that the took, his interest rate is going to go up, are you,

you said what 300 basis points? that's not is what the market is pretty much anticipated. so right. so that life is going to become a heck of a lot more expensive for people in turkey, very soon like what you increase interest rates here. i do that because you want to control. 'd place your money, inflation comes down. that means things will become less cheaper on one hand. but at the same time, if you are already money, if you have burned in the higher to 1st rate means you are obviously going to get more hate at the same time. if you are already in money for replacement, that your cost will increase. we are back to what extent is the, is the turkish lira a busted flush and no matter what you do with it it's, it's not looking good at the moment, basically because of the underlying turkish economy. yes, that is true. but with interest rate, it is that double that because if you increase it in 1st rates, yes,

it is great for a deposit. it is great to show up to consumers who have perfect for any countries, but at the same party vote for bonds and it is a great business because of years behind the constraints and in charge more money. and then that is why we've seen a massive problem in the bikes, but on the other side, as a consumer debt, as a business, higher interest rates are generally not a factor. and then i think this is pretty much what to go on has been saying over the last number of us. that is the reason that he doesn't really like the conventional monetary policies which under issued his interest rate to conclude inflation. really good to talk to name many thanks again for being with us. thank you very. while the pandemic has devastated many industries, it's given a huge boost to the video game sector, tech companies, microsoft and sony. a launching new consoles of a shelf rise in the number of players worldwide. south korea, with some of the fastest internet speeds in the world, is

a major target for game developers and sounds as if his robot bride reports. now from seoul. it's one business sector that has been thriving in the pandemic and has the makers of the most popular gaming consoles rushing their latest offerings to market globally, the gaming industry was stagnant last year, but the outbreak of corona virus means the industry in south korea and the rest of the world has seen big growth. from sony, there's the new playstation 5 we have the power, branded playstation of the world's biggest gaming ecosystems, and an established user community. going head to head with microsoft's latest x. box system. it's like all gaming systems here benefiting from south korea's super fast 5 g. mobile internet network enabling, ever more immersive play. the need in the past, people had to download install and then play

a game going forward. we will be playing games by streaming them. align the professional gaming of the sports has also grown during the pandemic helping confirm south korea's position as a world leader. there are bigger sponsorship deals and developing technology offers the expanding online audience, a richer experience for south korea, it's all much more than just video games. it represents a part of its economic future as it charts, a path focused on digital content. gaming joins k., pop dramas, and movies as the country's growing export of soft power. if for the last half a century manufacturing has helped our economy to flourish, cultural content will be the country's power of development. for the next 100 years, south korea has seemingly embarked on a quest for digital supremacy now with the new devices to help it. rob mcbride,

al-jazeera, so that's our show for this week. if you'd like to tell us what you think, get in touch with us, you can tweet me a finnigan on twitter. please use the hash tag a j c c. c. when you do or you can drop us a line counting the cost al-jazeera dot net is our address. as always, there's plenty more for you online at al-jazeera dot com slash c t c. that address takes you straight to our page there. you'll find individual reports, links, evident time episodes, fuse catch up on. but that is it for this edition of counting the cost. i'm adrian finighan from the whole team. thanks for being with us. the news on al-jazeera is next gang life. this was our foundation. i tried to do something different when i met daisy. it was the best day of my life.

and i wish that day could have gone on forever. but my past caught up with me and made us all pay the price. back 20 years of china's transformation told through one young girl's journey from birth to adult, her 2 decades following the development of her life., animation rewind returns to the story of k.k., the girl from joe. 7 on the al-jazeera we understand the different space and similarities of cultures across the land. so matter how you take it out just to bring you the news and current affairs that

matter to counter this is al-jazeera 10100 hours g.m.t. here on al-jazeera. hello, i'm come out. santa maria, welcome to the news hour with reports of rockets hitting civilian areas. the fighting in ethiopia to great region is now raising international concerns over a possible war crimes. also in the news ethnic armenians leave, parts of the going to cut about in droves before it's handed over to azerbaijan. europe's bracing for a difficult winter is going to corona, virus infections. contin.