on sunday me, as i can says, she's been suffering from long bouts of depression. and that decision is the best for the tournaments, the other players and her role being married. blaine is the senior clinical psychologist and mental health leave at the trillion institute of sport. she says, we says half all athletes experience mental health issues. i think it's a, it's a really important discussion that we're having now around, athletes well being and, and the role that the media plays and obviously, you know, the media is very important in amplifying mental health and, and things that athletes experience. but we also need to make sure that athletes feel supported in doing that. i think what's important is that that part, the athletes feel supported in answering questions and doing media. and the media also have access to mental health education which received themselves. because the timing is less of an issue, i think, and it's more about, you know, everyone feeling walk that got the information and resources and support available to do the job to the,

to the best of their ability. whether that's on the side or the, the media side from the i s, we've done some research. and we've actually found that wanting to athletes are experiencing mental health concerns, which is a really large on. but when you think about that, half our population are experiencing some sort of issue and anxiety is certainly high prevalence. so we know that this is really common and it affects what about weights. and it's going to impact them all differently as well. ah, you know, without, there are, these are our top stories. a 2 week nationwide, lockdown has come into effect in malaysia as it struggles with a surge and current of virus infections. only 17 essential service sectors are allowed to operate and all shopping malls, a shot trans louis has the latest from calling on for. government hasn't has a total lockdown because it says it's necessary to prevent the collapse of

a health care system that's already under very severe strain. so this shows a lot of the manufacturing and service that can deemed essential, are allowed to operate and reduce capacity. and even then, you need a letter from the relevant ministry to show you come under one of the sectors my colleagues may have just received the education sector, schools and universities shot and only 2 person per household are allowed to buy essential items within the pendulum, missouri radiate from their home as well as opposition needed, as many obstacles remain before a coalition. government can be formed yellow pages and talks with ultra nationalists natalie bennett to replace benjamin netanyahu as longest serving prime minister, tranquil authorities have begun a criminal investigation into a cargo ship 5 traits in one of the countries worth ecological disasters. is our headlines. more news after counting the cost to stay with just the real world.

it goes to algiers and to nicea, to meet some of the world's most passion football fan. i sold my low to both the stadium loyal supporters. all football, hooligan, waving streams, fandom can have life changing content. don't remember how it only felt the flames burning deadly game. algerian and she dizzy and firm on al jazeera. ah, hello, i'm adrian again. this is counting the cost on, i'm just here. you're look at the world of business. i think it all makes this week, india, the 6th biggest economy and the pharmacy to the world's pump behind the numbers. the cracks the pandemic has laid bare it's economic frailties, despite its vaccine diplomacy and hopes that it would lies to become a want to china. but india is rising,

but it isn't afraid of flexing it's muscle. not happy with opec's production constraints, new delhi, as on the hunt for new supplies, and financing, the destruction of forests, china pause, billions overseas. last saving and expanding its own storage. ah, the fastest growing economy has been gearing up to overtake its full colonial power . britain to rank as the world's 5th biggest on somebody level of state was a huge matter of pride for india, which is part of the g 20 rich club, a rising power. the west's counter to neighboring china, india is the pharmacy to the world, and it was going to supply much needed vaccines to the world health organization from baton to power g y vaccines were a tool for diplomacy, but a deadly 2nd corrode of iris wave is revealed cr acts in india's growth story, as family as desperately sought hospital beds, medicines and oxygen. government hubris was found wanting as a percentage of g d,

p. it has the 2nd lowest spend on health care amongst g 20 nations. and this is how the data over the last 2 decades snacks up. now, this is india and it's 2 neighbors packets on a bangladesh. it clearly shows that it's out spending its neighbors as a percentage of gdp. but if you bring in china another nation with a 1000000000 plus population and vastly big economy, you can see that india is well below china's spending. now, bringing the world and both countries spending less than half of the world average . now india was in the throes of a prolong, slow down even before the pandemic struck more than 230000000 people sell it to poverty last year. and the poorest 20 percent of household saw their entire income vanish in april and may as business ground to a halt. but despite that prime minister in ramadi managed to address election rallies and march 150000000 voters to the polls. those rallies,

including religious gatherings of thought have contributed to a record number of corona, virus, deaths. much of modi's failure in economics from scrapping widely held currency notes to the bungalow, roll out of text changes of largely been forgiven. but rockets encoded cases and deaths may finally be denting his popularity. people have taken a social media to question billions, being spent on a sprawling new parliament complex and changes to central delhi, the $2700000000.00 vanity project should be ready for 2024, just as moody faces reelection for a 3rd time time. for some analysis, i'm delighted to say johnny guess my skype from singapore is sharon shaw, senior india economist at capital economics. welcome to counting. the cost. prime minister moody last year was quick to call for a lockdown less so the 2nd time around. and yet much of the heavy lifting of getting on top of this crisis has been left to state governments. what do you think

of his leadership? well, i think the, i think the economic toll from last year, it certainly paid a role in terms of, in terms of how the government approached the surgeon far as cases this year there were, i think another key difference was, is a little bit more knowledge about the virus, so it was probably felt that state governments could react to borrow situation, but more localized locked downs and that would require most of the to ship from the, from the state level rather than from the relevant from the central government. so i think all of that probably meant 2 things. one is that restrictions were much more. busy localized and targeted the downside, i guess you could argue is that they took longer to be imposed than

they have been ideal, which has meant that. but initially at least the cases jump very far. but there are signs now, but the legislature is being brought under control. india is one of the world's biggest economies. for the pandemic, i think we'd agree, has really shown the cracks. is there going to be a reckoning? is that going to have to be more spending on health care? an infrastructure? does india have the financial head room for another massive budget like the one we saw in february? so in principle, yes, i mean the risk of a public debt crisis in india is to be honest, it's quite low. if you look at to look at public at levels, then i mean they are very high about 90 percent of g p which is i even buy emerging market standards especially i buy mitigation. but most of that is held with

india itself. most of it is denominated in local currency. so if the government felt that it was in the interests you know, supporting the economy to unleash the fiscal stimulus, then i don't necessarily see any, any particularly big constraints. and i think good the trust of the markets as well . if markets felt that the stimulus was going to be a want to, you know, supports households and support funds to get through this crisis. whether we actually see that materialize, i think, is a slightly a slight separate question. you know, the virus cases are now beginning to drop because i sharply that has coincided with a turning point, i should say in terms of some of the activity indicators. the look at so the might

be a sense that actually the worst is now over, in which case the need for a very, very big stimulus package, or additional stimulus package, maybe less press now than it was, you know, you know, a month ago. what, what does that, the real time data tell us about the state of india is economy right now, and the lack of vaccines going to hold back the recovery. so the real time data, the 1st thing that they show one thing that really stands out is that the, the impact from the latest wave of virus cases. but also timing of is pretty much more limited than last year. so look at things like the ability things like use of public transport, even things like traffic congestion, that was they were dropped, but we need to the extent that they did to it last year. national lockdown. one other point that stands out is that the restriction get much more targeted. so if

you look at electricity demand, for example, in india, it's held up much better this year than it did last year. now that's because 40 percent of electricity comes from comes from industry, which is largely in kept open even amongst the latest surgeon virus cases. so the economic impact has been much less severe. now the cases are, begins drop. we are beginning to see some turning points in those in those data. so there's been a slight pick up, for example, in the use of public transport, things like railway passenger numbers of edge congestion levels seem to be acting upside as well. so what that suggests to me is the voluntary social distancing maybe the problem. now that was a couple of weeks ago. but what i think it's interesting is what happens from here

. you know, lessons learned about rapid reopening from last year. and then subsequent surgeon virus cases, i think the state governments would be much more cautious in their approach to reopening economy. so although the, the economic damages been much less severe than last year, i think that the recovery might prove to be a bit more gradual. as well, shall i really go to talk to you many thanks today for being with us. thank you. well, let's stay with india and the theme that being a rising power a month or so before the 2nd co way of india was flexing its economic mites. india's oil minister and drug product called oil purchases, a weapon for his country. and when opec extended the production constant april, india's refiners ready plans to cause import from saudi arabia by about a quarter, according to royces, for don, understandably, sees high oil prices as a threat to india economic recovery. the international energy agencies forecast

that india is consumption will double, and it's oil import bill billy triple from 2019 level stable than $250000000000.00 by 2040. so what's going on as the 2nd biggest asian in port arthur china is india using it, economic clouds to diversify its oil supply. it johnny has not via skype from london is which mansell cross energy analyst at energy aspects could have with a set richard. it's totally understandable. i suppose that india feels it's economic growth. could be crypt by rising oil prices. it's anger seems to be aimed particularly at saudi arabia. how easy would it be for india to see other sources of oil? well, certainly we've seen it in the already looked try and diversify its being, buying more oil in particular from the u. s. in recent years. and it will look at region for latin america and africa to give it to mix and

a range of options to supply to reduce its dependence on the key middle east and export it. but i think given how much india needs to it, import and given where it's located, geographically it be very, very difficult for it to, you know, reduce or cut entirely its reliance on. even one of the big, at least in countries, less low, all of them. so it's, it's a kind of partial effort, and it's, i think, is much about signaling and trying to encourage saudi arabia no peck to do what they can to increase supply and keep prices under control. and while india is not happy with saudi arabia at the moment, saudi arabia is investing in indian oil refineries. well, yes, i think for, for saudi arabia, this is a long standing strategy, not to india, but in all of its major markets in asia. it know that by putting the money into. ready refinery projects, it can lock. ready in long term demand for its crude export and it can give itself

a competitive advantage. one of the things. ready that saudi arabia doesn't want to do is compete with the royal export to by discounting price. instead it wants to be reliable, and it wants to have secure long term relationships. so it kind of wants to always be there a try, you know, a supplier that you pay a premium for. i'm having stakes and refineries help fit. maintain that position. is india bluffing here or have there been genuine efforts to diversify and find other sources of hydrocarbons? i think some of this is certainly more rhetoric than reality. we've seen some statements in recent months that would imply a dramatic shift away from saudi in middle east oil. i think what we're seeing in reality in the numbers is once you take account of the short. ready term demand disruptions and import disruptions caused obesity by the crisis going on in india, but also hurricanes and so on. we're not seeing that dramatic shift in the actual

volume slowing. so i think some of this is just about trying to get these statements out and influence saudi arabia, stinking opec, thinking we've got the group meeting regularly every month. indiana will not in the, nor actually bachelor, but making decisions about how much supply to produce. and i think the big goal here for india is to encourage o packs to put more barrels into the market. so the price increases are kept under control. or if you are, you know, ideally for india, price is actually full. but of course, just the muddy, the waters further iran a long time supply of oil to india could come back online. if a deal is reached in vienna over it's it's you can additions exactly. and those, those are meetings happening in vienna right now. and a deal could bring up a 1000000 and a half additional barrel of iranian exports to the market pretty quickly. you know,

3 to 6 months we think. and a lot of that supply and maybe half a 1000000 barrels a day would probably go between dea, that's how much it was importing probably around in the past. so indian refiners have been limiting their purchases or commitment on the term contract to buy from other middle east and country to leave space in the hopes that they're going to be competitively priced. iranian oil are available in the 2nd. i hope that's a bit of a gamble because they can only actually bali, that rainy and oil, if and when us sanctions are ease. and while the talk seem to be going well, we haven't got to deal yet. and even when we get deal announced that will be a delay before sanctions relief with kicking. so the refined is hoping that's going to come quickly or opec into saudi arabia. they are watching and they know that it influences that strategy. and it would create more competition in effect now this year or in 2022, depending on when exactly right. you know, we'll stop coming back richard. it's been great talking to you on counting the cost

many facts indeed for being with us. the news in the us, the political battle continues that president joe biden, this decision to raise the minimum wage last month pipe and signed an executive order, little increase it to $15.00 an hour for federal contractors, making it part of his corona virus release package. but his opponent said that his policies a crippling attempts to revive the economy. l 0 is my cannot reports for washington . a d c restaurant set to reopen, like thousands of small businesses around the country attempting to reset in the wake of the pandemic. the minimum wages one such as de la santee, hoping for new beginnings as manage off a restaurant recently reopened off to being shut and then sold as cobra. 900 raged . i'm very excited. i like being with people, but some are struggling to find enough workers to get the businesses going. and the

drop in employment figures last month was seized on as evidence that the increased benefit payments removed an incentive to seek employment. democrats insisted on extending increased unemployment benefits to september of this year. and now we're seeing the result. report suggests that many people are declining to return to work because they can make more money staying home. and drawing unemployment benefits. the argument in congress to that president by didn't, is using the pandemic to force through his state to desire to increase the minimum wage nationwide. i think about sending things to my desk. let's raise the minimum wage to $15.00. no one, no one working 40 hours away. no working 40 hours we should live below the poverty line. b, u. s. senate rejected an attempt to make

a permanent $15.00 minimum. as part of the pandemic really full, a democrats crossing the floor to join republican members in voting against the motion introduced by independence sen than he saunders. so let us be clear, and i don't think there's any debate about this. there ain't nobody in america, not in the north, south, east or the west who can survive on $7.25 in our federal minimum age. you can't make it 9 bucks. you can't make it on $12.00 an hour. that federal wage minimum was introduced by president obama in 2009. it only changed when president biden signed an executive order, raising the hourly wage paid to federal contractors. a drop in the ocean compared to instituting $15.00 an hour on a nationwide basis. the white house insists the pandemic benefits and the why the

minimum wage issue are not connected. it also maintains that pandemic benefits are not the cause of dropping employment rates. insisting that many are still reluctant to risk public exposure and saying that the process of reinstating a stable workforce will take time whatever the reason there's no rush of job seekers in the restaurant business at least say a little bit of a slow trickle. certainly, you know, it's probably always kind of difficult to hire and in the restaurant industry, but probably more difficult. now we're probably considering hiring people that we might not have considered hiring in the past. the book here last worked as a ship in this hotel before being sent home in march last year. increased unemployment benefits. she received matched her previous wage of roughly $15.00 an hour. and she is adamant people should not accept anything less. a terrible

argument that i think that people are saying that you shouldn't, you know, you should be able, you should want to go back to work. but it's also saying you should go back to work with less and nobody should have the cell for that. underlying the debate about a minimum wage is the burning hope that things will get better at the time of empty chairs and empty tables is past. one of the positive side effects of the panoramic has been the 4 in carbon emissions. 6.4 percent decline or 2300000000 tons is roughly double japan's yearly emissions against the backdrop. it may surprise you that the rate at which forests have been lost in asia, africa, and latin america has been pretty alarming. forest loss alerts have increased by 77 percent compared to the average from 2017 to 20. 19, according to w, w. f. germany. and despite china's ambitions to be

a leader in the fight for climate change, its banks with the 2nd largest financial is of companies involved in deforestation . between january 2016 at april 2020 chinese financial institutions provided about $15000000000.00 in loans. that puts forests at risk chinese financial institutions a distant 2nd though to brazilian banks, which provided more than $50000000000.00. well, joining us now, the vice guy from london is tom pick and campaign director for forrest and finance of the rain forest action network, which compiled there is not this tom good tammy with us. so china's president, cheese and ping is played up. the country's role in sustainable development, yet, as we were hearing a moment ago, the country's banks are providing funding. the companies that put forests at risk, what's going on? well, like most countries, china is balancing a range of priorities, including security, objective, economic development, and global commitments on climate and by diversity. while these are caused complex

issues, there is also a simple fact the chinese bank and the national banking sector as a whole. continue to drive climate change before a station and right violation by lending indiscriminately at the client's in the agri business life. so connected to the core station and yet china is increasing and yet china is increasing its own stock. it's for a stock by walk 4 and a half 1000000000 cubic meters were intends to buy the year 2030. so is it a goodie or bevy here? well, china is made some impressive gains in terms of domestic reforestation and combating cation but china needs to urgently address global impact through imports of commodities. like timber soil be from palm oil. and the financing that the company's involved in producing and trading base commodities, which unfortunately routinely length deforestation then. right. so if china ever the part of the problem here is the fact that china just seems to be more willing

than anyone else to make loans, to buy influence in poor parts of the world. well, dear politics does, of course come into the equip asian, but that's not unique to china. cost us and european countries pioneered the use of financial leverage influence to extract resources and is not just driven by national interest. i think incentives, there are complex and bank client relationships very from region to region and commodity commodity. the chinese banks do have policies in place to restrict funding to companies that cause environmental damage. but, but something's obviously going wrong here because they're not being implemented. why? that's right, many chinese bank clients have very poor environment and social formats which really don't meet china's guidelines for receive investment. if the standards are going to be met, the signal need to become more strongly from the central government laws, lower needs to be needs to be strengthened. sanctions may be introduced against

bank continue to lend the companies. but again, this problem is not just about chinese banks. major international banks, well, they continue finance clients known to be willing to be so there is an ironman of damage and social violation of the why don't they say that? while bank motive to maximize profit is not surprising. what is surprising is the failure of financial sector regulators. if we're going to meet your hedging global power, just about i am then government must instruct, thanks to shift capital away from fossil fuel expansion and b for station and then to renewables and sustainable communities control systems. jumping to do the right thing is simply not working right now with the banks reflecting this issue by announcing climate august 30 years from now, which huge loopholes built in and just signed the wrong. the alarm bell that the world is like $1.00 degree warming. ready thresholds within the next, why did we simply don't need more 2050 target,

some bank we need action now to edge and to important and to base the trust you bank and as far as the chinese money is concerned, if that money being loan, mostly the chinese companies who are operating abroad, well, the data shows that the money is going predominantly chinese companies, but also to other firms with the strategic control and interest connected processing operations that in china, of the $15000000000.00 us dollars, we recorded $68.00 sentence, those loans when south east asia are authoration 900 percent base and, and around 13 percent, brazil, most of that money appears to be going to southeast asia what for and is it being used for illegal logging? well, tiny thing, blending se, stager is mostly going into 3 fact is palm oil rubber and paper with the largest share. that being the paper factor that goes to to into of indonesia giant,

controversial token paper in april is that the has very strong length. and the families of varies from links to the chinese banking divided them with billions. ready of dollars in credit on the bottom and mill relates to infrastructure. but these 2 pope groups have had a disastrous impact on in nature as far as they continue to be involved in hundreds of complex with local communities. and the indonesian government implicated the groups in being connected to the annual fire and have crisis which has been an environmental disaster across asia. tom, it's been really good to talk to you on counting the cost. many thanks date for being with us. thank you. and that's our show. busy for this week, if you'd like to comment on anything that you've seen, you can get in touch with us. you can try me on a 2nd. on twitter, please use the hash tag h a c t c. what do you do? or you can drop us a line counting the cost of houses here, dot net is our email address. as always,

there's plenty more if you online that i'll just hear a dot com slash the t. c. that takes you straight to our page. you'll find the episodes for you to catch up on, but that's it for this edition of counts in the correspond. adrian again, from the whole team here and them all. thanks for being with us. the news on our 0 is next. ah weekly critique of the stories hitting the headlines and the news media have been left to sort through messaging on a quite complex story from mainstream street journalism. listening post covers to waive news, just cover on a just when the news breaks on had been waiting for more than 12 hours, but was hospital out of beds and oxygen when people need to be hurt. 70 percent of the people here are in dead many for trying to find food. and the story needs to be told. there's no safety in my country. how can i go back there and live with

exclusive into the we are fighting against that mother for, for iraq had teens on the award winning documentary and life news. ah . and it nora kyle endo, how these the top stories announces era a 2 week nationwide total lockdown has come into effect in malaysia as it struggles with a surge and current of virus infections. and the 17 essential service factors are allowed to operate and all shopping malls, a shot for louis has more from color. lumper government hasn't, hasn't. children locked down? because it says it's necessary to prevent the collapse of a health care system that's already under very severe strain. so in this chosen lockdown.