capitol cap undo where the beds have run out, pleading patients to be treated outside. there's also a shortage of medical oxygen alpha history as urged people to follow health guidelines. warning that you variance a more infectious and deadly malawi has had to burn more than 17000 doses of covered 19 vaccines. because not enough people wanted the health minister complete . they cannot come, dodo attended the incineration, lamenting the false anti vaccination propaganda. scaring people the government hopes to build confidence in the vaccines by publicly showing that out of date jobs have been destroyed. ah, it is good to have with us hello adrian. cindy going to here and how the headlines when i was 0 efforts to secure a cease fire between israeli and palestinian groups appeared to be gaining traction on both sides, publicly. se they'll fight on secret negotiations are said to be on the way and

a phone call us president joe biden has told israel as prime minister benjamin netanyahu to lower the intensity of the conflict. netanyahu though says he's determined to continue operations in gaza until israel's objectives a met. the un chief spokesman was asked about netanyahu's response, while not addressing it directly, he repeated calls for com. we want to see a stop to the fighting. as soon as possible, we want to stop the fighting. immediately. there needs to be a halt to the aerial attacks to the rockets, to the artillery strikes, going from one side to the other. civilians need to be able to live in peace. we need to get that humanitarian aid into, into gaza for our part or a special coordinator to venice. land is actively engaged with all sides on the ground in order to work towards that end. several us democrats are back to

resolution opposing the sale of $735000000.00 of military weapon rates are israel. pressure is mounting from within the us president phone party for his administration to do more to end the violence. in the past hour is where the strikes have hit more target, said garza, this time in the southern town of con eunice. more than 220 palestinians have been killed in gaza since the conflict began among them. more than 60 children. 12 people died in israel from palestinian rocket 5. and there's been violence in the is where the city of alpha, home after the killing of a 17 year old palestinian israeli boy, mohammed k, one died from his injuries after being shot in the head by security forces. in other news, the european union, his easing travel restrictions for tourists who are fully vaccinated. you ambassadors have also agreed on relaxing the criteria for countries to be considered safe. until now that list included only 7 nations. and those headlines

bonnie's for him to 0. after counting the cost, which is coming up next is a very bleak picture for a lot of americans out there, white supremacy. in fact, all of our completion, you're putting more money into the hands with some workers taking money out of the hands of other workers. everyone goes to their camp becomes the us versus down. this is a deal about constraining a nuclear program. the bottom line of the big question. oh, now 20. i use hello that i've seen and this is counting the cost on which is 0. you look at the world of business and economics this week, the return of big government biden spending trillions taxing the rich and corporations given the way payton's for vaccines. the supercharge, the economy,

global growth. well, that lead to a rise in inflation prices are rising all along the supply chain and so on, wages. but it's not an equal global recovery. i mean, it's an unequal vaccine program. and when the billions and revenue just on enough and generation fed, which is off for both business model, wasn't working before the pandemic. and it's not working night, ah, re, fax is for the rich and corporations to pay for not only the post pandemic recovery, but leveling up the whitening gap between the richest and the poorest in society. it sounds like a no brainer seeing as the wealthiest us citizens of made $1.00 and $4.00 trillion dollars last year from stock market games. the president, jo biden's plans to spend trillions of dollars on the recovery also tells us that

the reagan era accept a consensus of trickle down economics may be ends at baker government is back more than 2 decades after bill clinton declared. it was over. well biden's plans to spend $2.00 trillion dollars, an infrastructure and $1.00 trillion dollars, an improving education and training of echo so franklin roosevelt's new deal during the depression in the 19 thirty's. if not only a u. s. the nominal, one of prime minister boris jones's plans for leveling up disadvantage areas in the north of england, was to spend billions of dollars on infrastructure programs separately report commissioned by johnson ahead of the g. 7 meeting and june said the world's richest countries should invest 10 trillion dollars to stalk a green, recovery and provide vaccines. and a similar splurge could be underway on the european coincidence with plans to distribute 750000000000 euros and grants and loans to national governments. it so

these prime minister mario draggy is banking on the 261000000000 euros to revive the moribund economy. has spending plans k boost the economy by 3.6 percent by 2026. but all these plans may have unintended side effects inflation, while stop markets of hit record highs there jittery, but the prospects of runaway inflation and central banks withdrawing support through cheap money fed charitable powell expects higher inflation will be transitory. arguing that the labor market remains 8400000 jobs below its peak in february 2020. well, there's a lot to unpack here, so that's very good. see experts to help us do just that kind of part is head of investment research, ethics, primus, she joins us from limousine in cyprus. and roberts janeiro is the director of black square international and

a visiting fellow at the london school of economics. he joins us from london. robert to you 1st, if you think this is a temporary return to big spending governments or if could this be something more permanent? yeah, so we feel a little more time. it doesn't matter. i think government to spend a lot of money and last year getting through the pandemic and now thinking, well, how do we recover? and therefore, going to spend money going forward to trying to stimulate their economies infrastructure and spending hard to growth or attempt to grow their ways out of out of the recessions that they i kaya, do you, the big fear with the stimulus is that it is going to cause inflation that hasn't gone down very well, has it? especially after janet yellow, the treasury secretary said, interest rates would need to rise comments that she has since what fact was here, if you, i mean, definitely given the size of stimulus from the central banks as well in the federal

government, we're going to have pick up in inflation, at some point, however, i do think that maybe the fears are a bit overstated at this point. and looking at yesterday's inflation number as well . it's larger, concentrated in those site, cyclical areas of the economy. but given the amount of stimulus, it's only natural that we're going to have some sort of fright. price increases and also not doable. base is not just one time shift in a price level. and robert, and it's interesting here that we're talking about a huge investment that the richer countries are funneling into the economy. and yet, many developing nations are already working on and calling some of these that's back, as we saw with colombia was here, take on this is a really mixed picture. as you say, you know, wealthy countries are saying that we're going to build, we're going to digital lies, we're going to combat climate change and have green backspin. but then a lot of that as quite a said is tied to what people are buying. and the mon,

you have a certain commodity steel, copper, rarer metals that come from typically, emerging markets in emerging markets are still in the grip of, of the current of ours. there are no and near as well insulated as the rest of the, or the advanced developed wealth and being in terms of the vaccine, rollouts and preparedness and implementation, they're constructed isn't dispute. so that's a really difficult picture. on one hand, they've got a much greater demand for what they sell and emerging market, lossy fewer people available to do it. and then i'll get from the last side, you've got the domestic aspects of the countries. i'm thinking about north africa here and even to some extent, the gulf region where, you know, there is economies that rely on tourism or extractive 's and tory come back yet. and so that their budgets have been blown through another thing and how do we

recover from that, or do we issue more debt and i mean, issuing debt. so k, as long as it's spent wisely and you're able to pay back will, doesn't look to be that. that's going to always be the case. at some point, you're going to have some problems in terms of, you know, matching matching that needs the emerging markets. definitely have for investment and the need to issue to achieve it. i don't see at the end paying for a tie, a high tolerance regina say investors are to the debt which has been accumulated during this crisis. should poorer nations be worried about credit scores being done graded? definitely a problem for poor countries, although weaker dollar at this point. again, those countries that export commodities are slightly better positions. however, i think at some point, some sort of that relief definitely has to be on the table. which is complicated given the, the structure of investors for puerto countries. i m f,

world bank and g 20 or maybe slightly more open to, to relieve some of the debts. but private investors let's say, such as hedge funds or institutional investors on the pension size. they have fiduciary duty towards their own investors. and i think that complicates a lot of those restructuring discussions. robert, let's talk frank sees one of the drawbacks to the recovery will be the distribution of vaccines. and joe biden has offered to relax, patient long see, think this is really going to help speed up the recovery. you would hope so. but again, it comes down to that supply chain issue on a flattering distribution, immunization, and then repeat. so not just as simple as patterns is it's a good staff, but it means that countries that don't presently have the contractual ability to manufacture and distribute the vaccines cam. but at the same time, is it going to solve everything? no, it's not. so it's a good step, but again, it's only going to be

a temporary step. you know, you're not gonna see big p changes cost across the board. so it's a nice in the welcome thing, but it will help, but i don't think it's gonna solve the provider. know who do you think it's going to help? because if you look at india, they're one of the top 10 richest economies, certainly known for their vaccines development to should be, should on production of the reality on the grains as we've seen. and useful as is very, very different. indeed. is it not? it is a really interesting case also, they've been producing much as well as vaccines are running or softening. they're also the ones, the now having the biggest problem with the current of ours. i mean, if you look at the indian economy, it's composition is a deeply uneven society. you've got huge wealth disparity, got millions and millions in the into a pool or, and you know, they're just, they live in an incomplete, undeveloped towns and cities that need, you know,

basic infrastructure investment for their lives. they're not paul parson pulse. so that the reason why true bars has been a spread, not just about the adherence to the rules of indian government created, it's also about the ability is indeed infrastructure and health infrastructure to care for people. forget this 1.1.2000000000 indian people. so it's a huge country. if you're not particular k, i mean you, you would hope it would help india, but i think that wider rolled out. how is it going to help the congress? how is it going to help central african countries? how's it going to help? central american countries that is less clear. and yet everyone has the current of ours will the ability to carry it than we all have to be immunized from it. that's going to take a very long time to achieve and chi edge. joe biden is care to relax these patient laws. germany, on the other hand, is notes. and the early reaction in germany was

a cell or fighting. explain this. i mean, angela merkel has taken much stronger sense towards the ip protection or a chill bite, and definitely more open to communication and making sure that poor countries have access to vaccine. but expected our group are mentioned just releasing the ip is one part of it. it's more difficult to procure, actually, the ingredients needed, and then having the facility in order to produce so that the idea is great. however, i think the execution will prove to be much more difficult than we actually imagine at this stage. let's take approach. if you know, roper, that has been a rock, had been spike in many parts of the world, but we are a little way from recovering all the jobs that have been lost. what a, your view needs to happen, but demands to apply aspect to the global economy. is, is really interesting. some people last at jobs and one other ones is some people

don't really well from asset prices, should install markets and commodities and property. it's a very uneven distribution of country level that's regionally as in the e. u in america seems to be pretty universal. for many people around the world, most of the world, they derive the money from what they earn, not from the assets that they say. i think it comes down to paying people more skilling than helping them grow. actually improving businesses and helping them grow as well, which can't just be about loans. has to be more than that as the demand bled. you can't just keep growing economies on debt because eventually you've got to pay off the right to off. and it's interesting seeing people now afraid of inflation don't want to be sold all because of inflation. the rise when the last is all we wanted is inflation. and we've got a deflection. so we need some inflation. we need that demands and we need it to be

more even it can't just occur in asset bubbles in congress. happen in property stock market and commodities. it needs to be broad enough. ok kaya final question to you is the european union a your view lagging behind the united states in this recovery? if you think they can get this massive a 750000000000 euro plan signed off, it's funny to hear number referring to 700000000000 nowadays is huge because looking at us, we see trillions worth of stimulus coming out. and the markets still think we need more so, but coming back to the question you is definitely behind in terms of the fiscal stimulus, we need old members amended member states to rectify the recovery funds. and i think from there it has to be extremely aggressive implementation, and i like the sort of tiers that, that you want to focus on from green energy perspective, but also digitalization of the economies. but i think it's a long way to go,

and it's very hard to achieve. if you are, remains as fractions as we are at this point. ok, well as to leave it there, lots of food for thought. thanks to both. if you carry a par ahead of investment research and fx promise and robert janeiro, director of black square international, thank. thank you. thank you. the news it take that 30 doesn't less than 48 hours to kill all fair european super league after a backlash form supporters. the dash for cash buy, some of europe's biggest clubs, had little to do with saving the beautiful game. as younger viewers switch off, and more to do with the billionaire owners looking in perpetual revenue streams, europe felt twins, the revenue generating clubs, made a combined $8200000000.00 euros of close to 10000000000 dollars and the

20192020 season. that's down from 9300000000 euros in the year before the pandemic is to the pandemic have hits clubs hards, the english premier league as well. $600000000.00 in revenue. but that didn't stop them from spending $900000000.00 in recruiting players during the summer. even before the pandemic clubs were in trouble, as wages were sucking up more and more over income half of the premier league seems spent more than 70 percent of their income on wages. take manchester city this year is premier league winters the and $478400000.00 pines and paid wages of $351000000.00 pines that's about 73 percent of its income. so should you be surprised that the cob made a loss of 125100000 pounds?

well johnny, as by skype from coventry is simon chadwick, director of the sensor for the region sport industry of b e n, the own business sco. okay, to have you with us on the program, simon, for both fake, it had huge sums of money from broadcast rights and the mostly been going in for player wages at the expense of profitability. so if you think it's time for a salary cap financially, and one might even say morally, there has to be an argument for, for salary capping. if we look at some of the world's highest paid players, we are talking about hundreds of thousands of pounds worth of salary per week, let alone per month per year. and so there is a compelling set of arguments the points of the need for a cap. but they're already 2 things that i would point out the, the 1st thing is we were talking about a group of people who have a very distinct skill sets. no, unlike surgeons or engineers. so there are very few extremely talented players in

the world and, and so on the normal free market laws, that's what happens is when they have re skills, people generally have to pay more to acquire those skills. i think the 2nd thing too, is in legal terms across the world, there are different pictures. so for instance, in the european union, it would be very, very hard to impose salary cap for legal reasons because the, the common argument would be in a court of law in european, you don't solve the salary cap, chief executives, you don't solid salary cap doctors. so why you discriminating and salary capping place? and so while many people will be calling out for a salary, salary cap across the world. in reality, it's a she logistically, legally, and practically very difficult to implement. one of the reasons given for the european super league was all the and sees especially generation vader, who apparently weren't very interested in watching football. what do you face that?

so people like me who some people might label us hardcore farms. we were born with a club and we will die with a club, and there are lots of people, lightning and not just of my age, but are other ages too. but what would be getting to see is, is a new generation of consumer and a new generation of sport funny match. and these, well, who have never known life without the internet, increasingly consuming content on demands. and, and so the nature of that fund them is changing. one of the things that we found from, from our research is, is that, whereas historically people would identify with, with football teams nowadays. generations eddies, for instance, identify more with players. and so when a player moves club, they also will move club and, and follow the play rather than stay with the team. and if we keep in mind to that generation, that isn't the end of this. in many ways, it's just the start. we have generation alpha and generation alpha adding are these,

these are these, these young people are 7 or 8 years old, right now. they're watching on demand, on tablets, they're playing sports. and so the kind of traditional associations that people like me might have with football, 7 year olds and 17 year olds right now, don't necessarily have the same predisposition towards not just football in general, but, but the kind of clubs that historically fans would associate with. so if the solution to this problem isn't european super league, what is the solution been for capture generation said our generation alpha, is it more streaming? the interesting thing is, there's a, i think all of us need to realize that we're living in the middle of a revolution. we're living in the middle of a digital revolution. we're also living in a, in the middle of a really what you call a global revolution. so, you know, those kind of old industrial hotlines of, into, as of european football, the many of us were born abroad took in,

which takes back to the 1900 century and the industrial revolution in many ways. theseus rover. we're living in new era where yes, more content being made available digits, lee, and really flexible ways is, is one part of it. i think linked to it. there are developments over the top broadcasting. but there are also developments in, in, for example, augmented re see, and it's very, you know, very likely that at some stage over the next 5 to 10 years, you know, we may well be watching sports and football using some kind of headset that takes us deep inside the stadium when a game is taking place. so you know who we are very much living in a, in a state of flux, technologically and digitally. but i think at the same time, we also need to understand that people's lifestyles changing, as we've seen throughout the pandemic with the, with the, the growth of, for example, netflix, the way in which people consume audio visual content is very different now even to,

to just a year or 2 years ago, we want it to be flexible, we want it to be on demand. and so all of the old certainties, all of the old realities that many of us and understand and engaged in football in 1st place. they're very rapidly eroding, and so we have to get used to the fact that moving forward from this point, new generations of consumers will be looking for very different things. and so the kind of products that we're used to seeing in sport and any football will have to change in order to survive. indeed, as 5 charge we're, i'd have target is great to get you on the program. thank you so much for joining us on counting the cost and you know, truly exports the lion's share of the world's. i'll get it's, it's phones in the cell walls of brian c region is widely used in everyday products, including cars, methics, the alki, girls and underwater forest, self chillies will coastline. but has lucy and human reports from peachy coolie.

it's now in danger. due to the growing black markets in illegal harvesting. at a glance, it's obvious, the planet earth is more water than land. but at 1st it looks like there is nothing. but underneath, there is extraordinary by diversity. one trunk of algae can sustain more than $400.00 species. there are snails, caea, chins, anemone. it's where life begin. these are macro algae florist as indispensable for our survival as those that grow above ground. through photosynthesis they absorb just as much c, o 2 gas, and together with fido plankton and c grass, they produce nearly half of our planets, oxygen. they're also like nurseries for small fish to find shelter from predators. along 2000 kilometers of chilis, pacific coast,

these forests can grow 40 meters high and lived for up to 25 years. but they are in danger. i saw marcus on the lead accessible. and there are areas, especially in the north where the algae is being extracted indiscriminately. doing that almost every day, monday at 10 pulse walks onto the edge of these rocks to catch reader i said, called in chinney, it's hard work, but it's escalating price has allowed her to send her $3.00 children to university whose widows or algae are drying out here so that they can then be taken off to be sold. and why is this algae in such high commercial demand? because they are the source of algebra. it, you probably have never heard of it, but believe me, you have consumed it. this is used for making your cars dashboards. it's the most expensive type. this variety is used for making cream, shampoos, and soaps. and this one called the black widow is used in making the plastics that

we use practically every day. it's also widely in the course of medic industry. from here it's taken to a processing plant to be chopped and shipped primarily to china and japan, chilly producers, 40 percent of the world's algebra 8, but much of it is harvested illegally act. yes, maria campbell says she only takes what the ocean throws out of all. this is what we call the head of the tree, the ocean to root out to shore because it was no longer needed. this isn't the same . we're that the boat extracts, the fisherman died, cut it off from the head and kill it. nice and fishermen are allowed to rip out the algae a technique that was illegal until 1980. last year, 500 tons were exported half a bit harvested without authorization in a thriving black market. chillies,

long coastline makes it difficult to police. but there are other ways to help turn the tide. like a systems, for example, from seeding or re growth of the tourist selling vitamins and then put it back in the water. it requires an investment. yes. but employees, science to counter the depletion of natural species, has already become a necessity. so that as darwin once said, we don't all perish to see and human al jazeera particularly shimmy. i am bad is our show for this week, but this movie online at al jazeera dot com slash c t c. that'll take you straight to our page, which has a telluride of food for you to catch up on what i say for this edition. ok, and so the coast time, how am i? he's in the whole team. thanks for joining us. the news on i'll just, sera is next. a

news news, news, news, news, i'm harry davies and kimberly, in western australia orientation is communities attaining with scientists to create a new approach to marine conservation thing you learn, but we even that the government about i'm not doing reporting from review. if you're going to try, protecting by diversity defending themselves against the legal invaders. brian on al jazeera from the al jazeera london broadcast center to people in thoughtful conversation. the struggles that within the global south have come,

not because of our help, but because of the harm at the global north, with no host and no limitation. that's the story of climate change. it's not that we're all in it together. the people who are the most impacted in the 1st impact or in the global fund, that's always how it is part to ship albert and after dreaming past fashion should be actually regulated to like bigger studio. be unscripted on l. g. c. ah, me crowded garza neighborhoods are worn by israel to evacuate. a head of air strikes. us president joe bite makes a new push for de escalation at a cease fire and a phone call with prime minister benjamin netanyahu. ah, i'm adrian again. this is l 0 alive from doha. also coming up,

the european union agrees to reopen its doors to travelers as long as they are fully vaccinated against.