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tv   Counting the Cost  Al Jazeera  May 25, 2021 8:30am-9:01am +03

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pan demick. if purple is your thing, this is the place for summer tourists wanting to travel overseas. it's maybe not quite what they had in mind, but they come away with holiday memories. in a cheery shade of purple public bride al jazeera, the purple island south korea. and you can catch up with all the news on our website, stacy address on the screen. out to sarah dot com. ah . type of quick check of the headlines here on the are the us secretary of state anthony blink and has landed in israel where he begins the middle east tool to try to consolidate the israeli palestinian ceasefire. hill, the visit the occupied territory on hold talks of his ready prime minister benjamin netanyahu as well as palestinian leader. much more bass or honey as more now from occupied east jerusalem does have
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a back scheduled in the 2 hours at 10 o'clock local. so 7, jim d, he's going to kick off his day by meeting caretaker prime minister benjamin netanyahu. and then throughout the day he's also going to be meeting separately with israel's foreign ministry. gabby asked him as he followed by another meeting with the defense minister and also one of the greatest political rivals of benjamin bennett. again, after that he had to run the occupied west where he is going to be meet with the palestinian authority president. my boss european union has agreed to sanction villaroo including binding its national airlines and entering the blocks in space. it's in response to actions by bella luce, which saw a package, a plane diverted to mens, and an opposition activist on board detain to nations mission in molly as call for
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immediate release of politicians, detained by the military opera cabinet, reshuffled a prime minister has reported resigned to being taken to an army base northwest of the capital by marco, along with the president and the defense minister. india has reported its lowest number of new cove at 900 cases in more than 5 weeks. the health ministry says 196000 people have tested positive in the past day. around 3500 others have died. actual figures i thought to be considerably higher. through military stands at least 16 people, including 2 children have been killed in the area known for cocaine production. the mass killings happening to rural town and peruse amazon region where the leftist arm group, the shining path operates. the military says it's on pamphlets in the town calling for a boycott of a june 6 presidential election. so those are the headlines. the news continues now jazeera after counting the called spectrum. thanks for watching bye for now. the latest news, as it breaks,
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more than half of the coal mines by separatists is re labeled as russian cole and transported out to markets in asia and europe with detailed coverage before inter withdrawl is underway and will be completed after the may 1st. the deadline from around the world will demonstrate to the change your mind, the british government of the any new laws designs like a tail people's right of assembly damage. the country's democracy news . hello, i'm sammy's a dan. this is counting the costs and i'll just go look at the world of business and economics this week. the factory of the world has a full flavor problem. china's in term into millions of leaders, has western companies scrambling one wine supply chain, but they dragging their feet as they faced the bank clash from beijing. also this
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week, a trillion plus and losses and millions of jobs hasn't been easy for the tourism industry and find out if one a recovery and chief executive of a business travel platform that is raising millions for expansion and aging populations. falling birthrights and fewest skilled workers industries are looking into the use of robotics. we look at how robots could change the construction industry. the china's 3 decades march to become the factory of the world. it's been pretty remarkable. it's lifted millions out of poverty and millions more into the middle class. but on the president, cheating ping, china has a human rights problem. investors pricing corporations that do business with china to verify supply chains for the use of force labor, the u. s. and e, you have impose sanctions on wages for its treatment of wiggers,
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but up to 2000000 have been placed in internment camps in the western region. ocean jang, many have been forced to retrain and sent to work in factories and cotton fields. the abuses don't stop their entire graveyards, mosques and historical science have been bulldozed. women have been forcibly sterilized, and children taken away from parents. the u. s. calls china's actions genocide. that's making it more difficult for some to continue to do business. take hannah's and more. it's all, as it's better known in the high street, h n. m. of the pledging not to use cotton from chin. jang. it faced a bank clash in china from the government and consumers, barbary nike, adidas. some of the other western brands hit by consumer boy costs the united states band, the impulse of coffee and tomato products. in january, it's estimated the us imported $9000000000.00 of constant products and $10000000.00
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of tomatoes last year. supply chains for solar panels are also clustered in the region, raising concerns among investors about force, labor in facts, half the world's raw materials to make. so the panels comes from it. shinji yang. further complicating the worlds move away from fossil fuels, reports compiled by the german parliament, concludes the country's new supply chain law will likely mean german companies have to withdraw from chin jang and related supply chains. otherwise they face fines, or even criminal prosecution. obey ging deny is all accusations of abuse and is prepared to lose exports as china's consumers stop spending more money at home. joining us via skype from new york now as anita dart director, investor alliance for human rights. good to have you with us. so pretty much outside as whether they did plots or journalists or human rights activists. the
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boss from she. jang, right to how sure are we of these reports of, for the labor human rights groups have done well as journalists done interviews of people from the area in the region that happened there and helped by the viber to tell us what has happened. and so the batteries or being in prison. in addition to that, there are journalists and other visitors into this area in 2017, and 18 actually what, what has happened in this region? so from that perspective, my client is that the expert reports in the research coming out of been owned by the personal experiences. there's also some pretty disturbing mind blowing reports about week is being sold on internet sites to factories across the country. i mean,
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how well documented all these reports from our discussions that we're in touch with a lot of human rights. so investor life, part of a politician of about 300 different people and they should 7070, right? so when we speak, then they have families and relevant, and some of them were actually working in the summer class. so you know, my perspective is these accounts, you know, i definitely see to rely on at least have conversations about this. right? so you're fairly disturbed and taking them seriously. the u. s. introduced a ban on cotton. they seem to be disturbed by these sorts of reports to but despite that, we still seen exports double in the 1st quarter of 2021. why is that what's happening?
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yeah, i mean it's, it's, it's puzzling to me, but i, i feel that at this point of time, a lot of companies just don't have a good understanding of the supply chain. they don't have a good understanding of what is going on in the region. you know, it is really just over the last year or more so my, my view is that companies are starting to be starting to peek, to find out more about their cheese and the action. so my hope is that this trend of trade increase of this region will at least stole a little bit. there are various things that are important in feature. a lot of the attention has been related to cotton and a power products, but there are lots of other role materials. so maybe the parent sees some,
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i don't believe other for example, report just came out earlier this week relating to the solar sector and the still on. and it believe that, you know, the region that we're speaking up a week or region or why so is that reports coming out right now? i don't easy in this relevant industry has reacted to that. but i need to isn't just down to companies, perhaps not being fully aware of their supply chains. all is the incl in the trend that you mention of trade, the result of a pay off of the chinese backlash. i mean, we've seen some companies scrubbed language from their websites related to, you know, commitments on avoiding force, labor and so on and so forth. is that the bank clashed, driving the trend. the other way. my hope is that it isn't. it's
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while we were very troubled by that response by companies to the backlash, we still see the majority of the company based on that particular backlash. that car has g logics, that still remains the issues related or your organization has 116. situational investors in its membership, right? you represent something like 5 trillion dollars in assets on the management wise. this issue becoming so important. do you think to investors invest in that they don't stand the talk from the companies that you're invested in? they understand that same money would be invested in a company. well, maybe in human rights, it's something that they need to address. they want to ensure that where their investment needs it goes into businesses. and.
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and with the trend, as we can see in the capital markets was stock and companies that e, s. g risk environment, the social and governments risk. these are continue to be more and more investment at the community, how compromised the companies that manufacture their goods in china, to particular issues for slavery. she jang, whether we're talking about apple, sony or while way or dallow, h p sexual. is it possible to, to know how compromise they are with, shall we call it the things young issue. all companies have the responsible to understand that supply chain and being one of the things that has been quite alarming. actually, conversations that companies of the lack of understanding of their supply chain is really quite surprising. so i will say that need to understand why we need to keep
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that in human rights, due diligence, to understand where and how the leaf are in their respective fact he's in supply facilities are, you know, where are they coming from? from government programs, other subsidies suppliers from the chinese government in order to support systems that are placed in progressive regions. like alright, thanks so much anita. good talking to you know great thanks. thanks for having me off the the tourism industry has been the hardest hit by the pandemic due to travel restrictions, according to the united nations world tourism organization. there were 1000000000 few international arrivals in 2020. well that translates into
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a 74 percent slump from the previous year, making it the worst year on record. this compares with the 4 percent decline recorded during the 2009 global economic crisis. the collapse and international travel represents an estimated loss of $1.00 trillion dollars. the next port revenues more than 11 times the last recorded during the 2009 global economic crisis. the crisis has put between a 10120000000 direct tourism jobs at risk. many of them in small and medium sized enterprises. when against that backdrop, one business traveler platform is flourishing. travel, poke, just raised, $160000000.00 in its latest round the funding. i'm delighted to say returning to the show is ivy. my co founder and ceo of travel perch while come back. i be the last time you're on counting, the cost you a talking to us about travel car. busy doors ahead of the time,
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but when it was an lamented 2020 those still a hard year while your investors so confidence in a recovery. yeah, thank you. 500 bucks on there and was happy to be here. the investors have seen 2 things that are important. i think the 1st one is that one of the clear understanding that we have up to 2020 is that the meeting matter happen in person and we see it as we want to go back to meeting our friends and family going holiday zoom. but really holidays and it's true also for business meetings, do business relationships and trust that we create by meeting other people in person. so i think 2020, i've just shown that deep truth about how we humans interact and talk to each other . this combined with the fact that we grew in 2020, transferred, and double the size in terms of customer base. in 2020, we didn't lay off our team,
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which is a very unique, an industry. we just kept going. we kept building a product and kept providing great service for customers, so we end up actually growing, doubling more size in 2020. so these 2 factors combined, i think attracted many investors. but doesn't that mean? i mean, if people are meeting life, especially business travelers are meeting less face to face. doesn't that translate into or should translate into less business for you? yeah, i mean, our size relative to the market is still talking about the huge markets of 1.5 trillion r globally. and then again, i'm very confident that it goes back to this number in the next 2 years. so we're talking about the huge market and our sizes are granted to the market was the 1st model before the damage. so we have a lot of space to grow during the required, they said many customers. and in fact, if you look out on the recovery now,
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however, what are you doing differently from everybody else who's losing money? we have a great product. i think it's a key, you know, using technology instead of only relying on human provided service, traditional legacy travel agents used to do the fact that we are technology company that we scale with technology and i think helps a lot in our, in our numbers. and also this is our customers are looking for, right, so perfect store, most great product meets demand. you still need to travel even though a lot of essential trips are happening and the travelers are looking for solution and they're finding topic. right. and we, we see some airlines dropping the price of business class travel. clearly they not so sure. corporations are going to be rushing back to in person meetings anytime soon. do you agree with that out? look. i don't, i think that some of the meetings and speaking with our customers, we start today globally more than 4000 companies,
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mostly in the us and europe. and we're sticking with our customers. they tell us that maybe 2030 percent of the total budget is going to basically become as limiting. you know, it is unnecessary, full day trips just for 30 minutes transaction. i think i don't see an issue for this kind of meetings to remain on wherever at the same time we have a new kind of strips that are emerging, for example, some distributed but remote teams that he's not transiting increasing, received with a customer. suddenly people never needed to travel like something, one of our product managers base to 3 hours away from head office or even in another country. and they need to try to meet with our team to john to brainstorm, to create something together. this kind of meetings have to up in person, so it compensates for the 2030 percent that will hopefully zones. i think net. net
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we're talking about the industry that we're going to keep growing years to come out . and you mentioned the market, then us domestic bookings that almost back to pre covey levels. why is the u. s. market a little different? shall we say from the international flights market? our number is actually better than that, because we are growing company customers. we actually today double the size in us domestic travel. when we were in $2900.00 a month, like we are doubling our size in revenue convert to 90 and the moments are we still in the middle crisis. the u. s. a different because of the vaccination and the fact that the countries big by talking about the single country where traditionally the less restriction to movement within the same state when states and combined with a great nation project. and this is what it looks like. right. and i think very soon it was him 7 years, for example, where the nation is fighting to pick it up. and hopefully we should also see,
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according to between the you can do us opening up very soon. so i think it's all about the vaccination. when though, let me get you to try and look into your crystal ball for us. when do we think international, the international flights market is going to be back to almost free coven levels? so i think for topic it's already happening globally, i think. and for the interest, you know, the whole estimation is the case, sims and then also government isn't restrictions, but it seems to be sequence 1st that they're using my a crystal bodies of yours. but i would say around the summer after the summer, we start seeing more and more international trauma. that's summer isn't too far away. it's nice to have a bit of optimism on this show, isn't it? well, we still have travel, car doors, and for how long do you think we think that the situation of uncertainty is going to stay with us for a while, which is why we acquired a company actually. and now we have a product on top of the saved,
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it provides the restriction in real time to our customers. so, you know, if you know that if you need current d, anything each other students are going to cetera and this ones are changing. ok, for example, changing almost on a daily basis when countries and amber content and all of the stuff. so we are, are one of our mission properties to provide this information to our customers in real time. because because of what i do and i think that's what i do, it is going to stay with us for a while, which is also why we need flexibility and the ability to change the trips, cancel them without a big fan of the possible. and these 2 requirements to get information assessed information real time are going to stay with us. what was my prediction in more than 12 months? i've it's been good talking to thanks so much. thank you very much. china sensors for 2011 to 2020 showed the population was growing at its lowest rate in decades.
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birth fell to just 12000000 last year. that's the lowest figures. sincerely, 900 sixty's and china was emerging from a catastrophic famine. well, across the pacific, the u. s. facility rate for 2020 has dropped to a rec hold low of 1.64, roughly the rate in europe over the past 5 years. for decades the u. s. birth rate has helped propel growth with an aging population and fewer skilled workers industry is already gearing up to rollout. robots. none more so than the construction industry. in a survey of 1900 construction businesses in europe, north america and china 91 percent said they face as skills crisis over the next 10 years. 44 percent say they're struggling to recruit for construction jobs. now the company behind that survey is a b, b robotics. it's president. sammy,
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i'll tell you joins us now from london. good to have you with us. so there's a shortage of skilled workers in different industries, from ports to the construction businesses. why not just open up immigration and use skilled immigrants to fill the gaps rather than robots? well, there is a significant shortage in, in europe. 200000 workers are missing in a loan in the you are in also there as are also demands in the industry to increase productivity and also to have more sustainable way of building houses and commercial buildings. so the skill labor is, is one aspect of the total equation, but this industry will go through a significant transformation. like the l to motive industry went through 4050 years ago, where they started introducing in our optimization on how to mission. and when we asked 1900 construction companies,
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they said 81 percent of them said they wouldn't introduce robots and automation in the next decade. so what do you make then of some of those patients that say the robots and artificial intelligence are going to make some of the middle cost jobs obsolete? is that going to cause massive unemployment and an implosion of the consumer economy as we know it? well, if you look at the statistics, the countries actually deploy and most of the robots which include south korea, germany, and japan, they have what we call about 300 robots per $10000.00 workers, the average and the word is $170.00. they actually enjoy the lowest unemployment rate and also the industries where we actually introduce robots, even customers. they enjoy growth and they deploy, actually more employees. the nature of job though will change over time. that is for sure. and that's why we have an obligation as
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a society and companies and the education system to, to invest in the risking of, of our fellow workers. can robots do everything, especially on a, on the building site, which is full of obstacles. how do you get a robot to deal with that? well that's, that's a very, very good question is a, you know, there are 2 parts of this industrial automation in construction. one is on site and the other's off side. most of the outer mation will happen off side, which is in the manufacturing. there's big trends towards more modular housing. so you basically cut the wood upfront. you design with digital tools like ours, roberts dude you upfront and then you ship it on side and then you bring the construction together. nevertheless, there's also ultimate and rotation. having happened on side at that would be less the majority, but we have examples for a company's con scott that does. these are putting together the skeleton
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of the steel on side that used to be done actually on top of the building. and now it's done on the basement and it's used to take can crunch of about 116 hours for one ton and introduced robots. and now they're able to do it one hour for, for one time. so that's significant. change in this industry for all robots going to be made only for specific task, because that way we're going yes, robot can do repetitive dos, heavy load, what we call the dollar dollar dangerous and dirty jobs. the robots can do. we expanding robots into more? what we call unstructured environment, see your point before when you're on the on site, on the premise, there's multiple things that, that are unpredictable. so that's where the robot needs to get advantage over time . so we adding vision system,
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but still there are many areas where that the human in an unstructured environment will remain superior. that's why we seeing more and more of this collaborative robots, the robot does certain work that human can approach and, and slows down the robot. if necessary or its sides moving faster. so these are all technologies that introducing with our collaborative robot that eases the work between humans and hon. this is interesting. so give us an idea once all the sorts of jobs, the repetitive, the dangerous jobs that we might see robots rather than humans clustered in. well, if you look at the automotive is a typical example where this, this tedious work is, is, is now handed over to about many of the way that would take welding. it's a dangerous job because it's heat and environment that is not suited well for humans. this is a typical job or a robot can, can do
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a we're working with schindler elevator, where we introduce a robot that actually can go up the whole shaft of the elevator, which is a quite dangerous work where humans actually less and less want to do the robot goes up, scans the walls and sees were bought, can drill holes, and then goes step by step up and does the whole the whole shaft. so these are areas where robots are better suited, reduces their health risk for employees, and also it's a productivity of or for the customers. oh, i think very interesting talking to thanks so much time for coming and sharing your thoughts. thank you. where my site all of us, and that's our show for this week is more for you online though without 0 dot com slash ctc. that'll take you straight to our page, which has entire up to catch up on. that's it for this edition of counting the cost . i'm sammy's a than from the whole team here. thanks for joining us. can use an al jazeera
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