tv [untitled] June 5, 2021 12:30pm-1:00pm +03
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and there will be things that cannot be easily explained. that mean, speculation will continue to grow about what really is out there going against when they went away. rosalyn jordan, l 0, washington o. flow again, i'm fully battle with the headlines on al jazeera, the ecological impact of a snow lea, thinking cargo ship off. sure lanka is getting worse. of all these are preparing for the possibility of a major oil spill tons of plastic pellets and chunks of fiberglass continued to wash ashore from the stricken vessel. the ship was on fire for 13 days, causing an environmental disaster. now fernandez has deleted from colombo. we do know that beyond the bridge and the superstructure of the vessel, everything else, the cargo hold, everything else is submerged in water. the base of the ship is resting on the
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bottom of the ocean. now from the surface of the water to the bottom, the sea in that area is about 21 meters. so as a result, the ship is not going anywhere, no hurry. but that also means the rough seas has meant that the salvage is even the navy could not vote the vessel to determine what, what state it's in canada, the prime minister just intruder says the catholic church must take responsibility for the abuse of indigenous children decades ago. the remains of $215.00 kids were found at a school one by the catholic church last month. in money, thousands of people have come to show their support for the military. gym dies, it traces international backlash over the ko. it's the 1st rally backing colonel as see me going to. since he sees our last month, brazilian drug regulators have approved him 14, the russian calling virus make vaccine is also a voltage of food. the co vaccine shot made by by raj biotech in india. the number of probably 900 cases has been rising enough. ganesh, stan,
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surpassing 1000 infections every day. recently, testing is limited and the government has not imposed many restrictions. witnesses in london have been giving testimony on a ledge. human rights abuses against trying this week or muslims, independent tribunal has no power to sanction adrian and the government of nigeria as indefinitely suspended twitter. and it made that announcement on twitter. officials accused social media giant of undermining what they call nigeria corporate existence. the suspension comes just phase after twitter removed a tweet from president harry for violating if abusive behavior policy, the post had threatened to punish regional succession. this, those are the headlines on al jazeera, more news coming up after counting the cost they with me morning government al jazeera, as a, you know,
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with, [000:00:00;00] ah, hello, i'm sammy's a dan. this is counting the costs on al jazeera. look at the world of business and economics this week. i've kinda sounds worn. economy gives way to more insecurity. the u. s. with rules troops, taliban increases its control. where did the billions and international a go. also this week sanctioned by the us, the israeli billionaire making billions in the democratic republic of congo and the cold. so the government to take action to make sure the country and the people
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benefit from its mineral wealth and black wednesday the day to multi 1000000000 dollar oil giants was humbled by environmental and shareholder activists. is big oil finally been brought to heal. ah, after almost 2 decades and 2 trillion dollars, the united states is ending its war in afghanistan. washington is leaving with very little to show for the billions spent on fostering peace and reconstruction. for i've got to stand the consequences a far greater. the economy has been hawks on the billions and military spending and international aid. let's holler, bond is already exerting control. busy in many areas, out 5 the capital according to the un managed to raise as much as one of the half $1000000000.00 from taxes, the drugs trade and exports of golden, rarer minerals. it's whole is 25 percent of the government's budget. about 80
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percent of the government's budget is funded by foreign donors. the world bank says international development day to afghan, this town has slumped from $6700000000.00 in 2011 to $4200000000.00 in 2019. and it's expected to fall further. afghan stands, poverty rate has worse and noticeably rising to 72 percent in 2020. well, that's out from 55 percent a year earlier. meanwhile, unemployment, it's up to nearly 40 percent in 2020 up from around 24 percent in 2019 al jazeera is fairly contra 4. he has more from cobble the life that existed at this warehouse with trucks transporting goods to foreign military bases across again is down, is gone. this local company has been supporting international troops for more than
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15 years and was providing an income for more than a 1000 african families. only a handful of employees remain. they will also be jobless in days, when the company shuts down completely, the owner does not want to be identified for fear of attacks. after working with foreign troops. as versa i, when i see this one, it brings tears to my eyes. i'm not sure that employee of mine who was getting his paycheck when it was we single home. and i also had shops in the market that used to go in and take some dry food food for like rice and beans and all that for the families. if i don't have the operation, i cannot support them. not because totally because of my situation by the support i was giving to the community for the people. the company owner says once there were more than $22000.00 african companies like his contributing millions to the local economy. most he says,
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have closed or are in the process of shutting down. during the peak of the war in 2011. there were about 140000 nato troops and about 804 in military bases across of janice, down. thousands more afghans had been directly employed. as translators, labors and cleaners. business connected to the international military presence has decreased dramatically since 2014. when they don't ended, it's compet mission enough, janice, down the departure of the last foreign troops by september will be the final blow to thousands more afghans who depended on them for a living. the bush, bizarre in cobble after the u. s. president who started the war is a shadow of its former self. it once had close to a 1000 stalls, most a wash with original american goods destined for us troops stationed here. now it
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flooded with cheap imitations and items that barely any one buys was or core land cut off for the after 2018, the business became ruined. and right now there is no business at all. i'm looking to pack my things because i'm an old man and being a shopkeeper. it's difficult for me and there is nothing for me to sell. the pull out of all foreign troops couldn't come at a worse time for ghana stands economy. so time of mood at meaty, says there's one way to replace with the foreign presence has been contributing to the african economy upon us on has lots of $1000000000.00 untouched economic resources. but again, that requires like have the $1000000000.00 investment to make sure that that's been effectively utilized. and it's been brought into economic cycle. and again, as i said like that would be impossible what the weather like these huge foreign direct investment. now if you put it into the problem, wasn't enough on the sun,
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i see the child's face flame. why would people take that money and coming to avant us on an invest where there is no guarantee? what is going to happen tomorrow? and finding ways to financially sustain itself will be one of the many challenges of janice done faces as the last 4 in truth leave this fast nation that's been in conflict for decades. fairly contradictory al jazeera cobble. let's get more analysis now with my mood, mary, who just saw in that report a few moments ago. my mood is a senior lecture at the master of business administration program at cardon university. good w with us. so what will drive the ask and economy math mood once the us pulls out once international, a decreases sooner or later, we knew that the international orange national partners, including the us, will leave with us from now. and we also, it wouldn't be like,
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it is important to also mentioned to the international community, including the us, had a lot of sacrifices, you know, when it comes to like putting money on. and that has been a lot of relatively much better, you know, make progress like when you see the country back in 2001. but despite those progress, so the economy low. so bleak, not the big question is like what happens when the americans, as well as the lines of deliver on the funds from suffolk in my pocket? nope, we don't expect any kind of for magical solution from inside because on the phone, if you see the current economic condition of the song wouldn't be in a position to immediately substitute the the amount of money that the foreigners used to or, and, and on the phone, we don't have kind of like an immediate, immediate kind of an in house arrangements for, but there are some up in the blog and like if the piece lewis station where the telephone and all other insurgents goes, well, that is hope that you know,
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some sectors and some, including the findings like that, no one us on mid promise, like a better combo chicken army corporate trinity is one of the country. but in the beginning, when do you know, let me jump in. there's a lot of hope there in the sentence that you're using, you know, let's hope. but what does the us in the international, the have to show for the billions they spent one or one other said in the beginning i think there is, there is progress. but in terms of economic development, there are some tangible outcomes that you can talk about. like see that is a little bit improvement and infrastructure and soft school has been have been better than honda songs. that old so you know is relatively better. no, no one has the membership of some of the regional as well. i didn't trade commissions and organizations. what about the issue of corruption math mood,
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which is, i mean it's been pointed to in official, some of the official us reports over the years. if you put it into economic funds, that is because of corruption of us on has lawson is so losing millions and millions of revenue for revenue. that is, that is a fell high effect declaration of the custom processes. and the government is still not fully capital off, like collecting all those money from the formal sectors and. and if you, if you seen a brother sounds like, you know, on us, on the so like the tax like we have the 2 title, texas, it's one is the official tax where the government important from the businesses. but then we have the official factors, which has been employed by the it's all about seeing the process for a business man has to pay like 2 different institutions in the same time, right? so in addition to production, like just an official taxes,
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the royalties and the re, in the provinces, in the villages and the district level. these are all elements. i think that, you know, that has led upon us into huge physical difference or, or to, to what extent are africana stands mineral deposits still the potential backbone of a postwar economy? i think 11 sector that all we all are always speak about is the binding sector. and of course, that is so like, you know, 1000000000 water goes on touch mineral sources, take big sample of the item to cooperate. cold, you know, some on small scale, some mining has been done on us on but, but as i said before, because of the security and ease of fully government threats and in due process does not like contribute the which would have contributed job and economies. he very think company is going to be willing to put capital into an environment as you've described it. it's got multiple challenges. show
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a site for it optimistically not just insecurity, but the double taxation issue mentioned the corruption and so on so forth. i think if you see the history and the common practice undermining specter some of the minor and just reflecting they did not come for the verge of the conflict. so they used to like listening and conflict songs to check the example of african region. you know, so they used to be like after, for investors. so you want during the summer was one of the, the, during the insecurity. and in a lot of fun, i think there is like, if you take the to see like the last 10 years despite like huge insecurity. and in the, in the process that is, that is still ongoing binding mining in a lot of fun, which is not in a very larger level of course. but do you want to see like all those small scale mining and one on across the lines that are still are loading from julie,
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be now to your phone number, why hasn't china developed any of its concessions? if you take the example of the sort of driving and reckless and i think that most specifically, for example of china, i think china on, on, you know, helping out general investing in the mining sector. that is a very large scale project, which is the proper binding, you know, instruction and a wonderful that's been put off for some reason. so of course, the reason the security bucks, but do you want the last 10 years to use to bring in china is, has shown, it's like expensive interest in investing in the coal sector. last week. the chinese delegation was a couple of them. they had a meeting with our president discussion of like the 300 millions of possibilities for investment in the cold, cold sector. what's your, what's your, what's acting it's, it's a, it's a good news for now. but as i said,
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like we weren't, we're not going to change. if you see the, the, the, that the size of the mining and i'm on the phone, i think it will be like just the chinese coming and so on a function. now, we like the binding is solid, like we have it on your cell as well as the budget when he's assaults, there did they are, they're helping out going there and listening in some bindings, but not in all florence, just due to the security, but in some problems with the security is relatively better, including couple more that community. thank you very much. thank you for having me . the now the democratic republic of congo is a result rich nation with an estimated $24.00 trillion dollars in oil gas and minerals. but it's been poorly served by european colonists, a. u. s. russia, cold war and dictatorships in 2018. it was estimated that
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73 percent of the congress population lived on less than $1.90 a day. that's the international poverty, right? so shocking to realize the country is still being exploited. a coalition of congo leaves and international organizations urge the government to review the deals with israeli. billy and dan, good luck. they say the d. c could lose out $3700000000.00 in revenue because of deal struck with gutless mining operations. it's worth mentioning gertley has been sanctioned by the us for a legit corruption and struck the deal with his close friend the former president of congo. so let's get into the stand and it's worth mentioning that gertley has denied all wrong doing and is never actually been charged with a crime. with joining us via skype from kinshasa is jimmy can day. he's president of eunice and the member of the coalition, congo is not for sale. good to have you with us. so jimmy explained to us 1st how
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they've got them build and own this multi $1000000000.00 empire in the country need to get we was very close to the freight and then taking advantage of the setting on my end goal session, the government decided to move to mr. goodner mining say saint paul, you broke us, know down the pricing and that's why me to get to their school board today and in a minute session to go to man and started in august. we've no market price editing. be really you said we follow president, you're in color. ok and i should point out of course i got that denies any charges . all the allegations of wrongdoing is. ready the difference between those knocked down prices and the market price does not explain the revenue,
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which is way in excess of industry standards or all of the other things going on demand because they know down pricing for you. i can give you an example, or you can write them or know that when they go them and decide to say, 1000000 bro here or full day. so i'm going to need to get or we've, the price was $500000.00. plan needs to be tied into to roll to the government. me. so we've $150000000.00. can you imagine to be friends? so we are thinking that the men or even better can explain to be really new to me. so guess, learn when you're in call in because of the pricing. what can the current government do then? after 2018, we have
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a new crazy day and day pointing to the questions now is the time for the ultimate tool to set up some still simple ryan to make an evaluation or oracle right off of but are you concerned that this goes down the route of now investigation and justice could get dragged out in international court. good luck could take this to the international venue and end up being compensated billions more in dollars saying on the basis like hey, i had a contract. whether you think the price. i was given the goods that was with fair or not, i had a contract, it's being violated. now i shouldn't be able to know that i don't feel international call. i'm gonna save today due to the fact that we are here in colo, but everybody will come to me invest the money to respect the call is low.
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now we can find that the price dies me, so get to learn more, some minor mining, quotation in call, or dairy the lean. there is the relation between lar, with out of body decent that can saw us. there is some final corruptions between don goes. laura farm appraised day and day man off the meetings. and i think that there is more investigation now in the war means we've gone by the now they are investigating in the united kingdom, in the theater missile down. you're going to go to the international court because you know, you can lose more money going during what you have to do. now you've got to cooperate. if we've got a government to know what would be the best solution for everybody. and that's what
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he's lose more money now, and he's not time for me to try to go to the international call for some guy because you're going to lose money because most people are trying to sort out me some or you bribery to some putting your income or for things on going. all right, thank you so much. good to get your thoughts on that. thank you so much. now back in december, hedge fund engine number one was a 0.02 percent stake in oil giant. excellent. for about $40000000.00. nothing unusual there, but this activist fund had broader aspirations beyond making a profit. wanted exit to change its ways and invest in more green energy. accents. chief executive darren woods had less ambitious plans. well last week. engine number one caused a huge rupture on wall street by convincing shareholders to give it 3 seats on
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exxon's board. if that wasn't such a massive win for environmentalists, a dutch court ordered shell to cut its emissions by 45 percent from 2019 levels. by the end of this decade. or that's double what shell had planned to deliver. for joining us via skype from amsterdam is a few, the cone. she's a climate justice expert greenpeace netherlands. so i feel 1st of all, why was this such a huge victory? well, it was the 1st time in the history that a court ordered a big for a few company and to reduce it. c o. 2 emissions and had decided to do so because, well, show is one of the biggest polluters in the world's emit more than 9 times as much to as that and says, which is causing dangerous climate change. and that actually has a massive effect on human rights in the whole world. and therefore,
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the court said this is no longer possible. you have to cut down your c o 2 emissions. do you think this is going to spur many more cases around the world, particularly in the us? this is fantastic news for the world and all of its inhabitants, and i think it, yes, it will. certain they spike new litigation. of course, the netherlands is a different jurisdiction than other countries, but there underlying principles that can be used in other jurisdictions as well. so firstly, there's the court based decision on science. and science says that we have to limit global warming to one and a half degrees. otherwise we face very serious consequences. and this is something that fossil fuel companies will need to abide by. and secondly, the court said that businesses specially these very big few companies have human rights obligations. they have the obligation to cut back their c,
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u 2 emissions because otherwise it's dangerous for human rights. so they have human rights obligations independent of states. and they cannot put this on consumers. so this is the 1st time we've seen that communities and lawyers can hold multi nationals accountable. and i expect that this will be happening all over the world . now this is one shell saying let's, let's look at their argument. they're saying, look, then the way they can hit absolute targets is not by reducing emissions and keeping the business at the same level. but by actually downsizing the business, do you think this is simply going to lead to shall, setting off some of its businesses. to me that sounds a bit like you're being told to lose weight in your solution is to cost an arm. and what we actually need from show is to take responsibility leaf, also few in the grounds and start taking a completely different course, start taking different decisions sides, caring for the planets,
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start investing in those solutions that we really need. and also changing that that may be, you know, what you would like to see, but is it what will actually happen? is it what is actually happening? some like point to be p selling off. it's a lot going operations to a private company. that, of course, isn't answerable to shareholders in the emissions kind of beyond public scrutiny in the public high. well, this, the, the 1st court that has given this kind of judgement, but we expect that the whole world to do this. and because companies cannot lag behind, all countries in the world will need to say set to regulate companies. so this might be the 1st country in the world to start doing this through its course, but it's definitely not the last one. and we've seen that the companies have human rights obligations, and that means that all companies in the whole world have human rights obligations . so that means that there shouldn't be any space for companies to keep digging up
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these fossil fuel, fossil fuels, and threats, and our livelihoods. if they do offload some of their businesses gets hurt, the shareholders, the funds pensioners let's 1st make clear that show has known the impact of its work work for over 60 years. and they've had many, many chances to change. there have been so many communities that have indicated how dangerous the work is that they are doing. but instead of that, they actually put millions of, of euros and dollars into lobbying against effective climate policies. and they kept making a lot of work. a lot of money off of polluting the world. and so i actually think that people and also for example, pensions are better off with this decision. and because it's, it's irresponsible investments. it goes against the science,
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goes against the decisions that we need to be taking and the investments that need to be taken better actually in the, in the short run. but also in the long run will make us more money because it's actually dangerous to keep investing in a sector that is, is doomed. there will be no money in this. and we actually also know that pension funds don't need to be investing in fossil fuels. they can actually do that because there's plenty of green solutions that can provide the basis for solid investments that could create a sustainable future. all right, and good to get your thoughts on that. thanks so much. i feel thank you. and that's our show for this week. the more for you online at al jazeera dot com slash ccc, that will take you straight to our page, which has been pirate to catch up on. i'm sammy's a dan from the whole team here on currently the costs. thanks for joining us. the
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51241828000784 further information. visit our website. ah, this is al jazeera, ah, hello, i'm adrian again. this is anita. live from dough hop coming up in the next 60 minutes . a children burned in their own home for you and says that thousands more in the democratic republic of congo, a fleeing daily massacres. a threat of legal action, a small pressure put on canada as catholic church leaders to take responsibility
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