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tv   [untitled]    June 7, 2021 7:30pm-8:01pm +03

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innovative, so big coining crypto currencies don't really add that much. amazon founder jeff bezos is out. he's heading to space with his brother next month on the 1st man flight launched by his rocket for blue origin. they'll join whoever wins the auction for a seat on the new shepherd spacecraft on july 20th. the world's richest man says he has dreams of going to space since he was 5. and it's hope the trip will us or a new era of commercial space travel. blue origin is facing stiff competition from ill on musk space, ex. ah . hello. the headlines on al jazeera, the leader of 2 military crews in less than a year, has been sworn in his model. these transitional presidents current last see me going to pledge to honor regional and international commitments and hold transparent selections. he's named opposition leader chug omega as prime minister.
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we didn't want them to put in this new situation, offered us the opportunity to put the process of transition back in the direction desired by the people in the challenges, unless the legitimate expectations of the people are big enough to proceed. we have to, according to the roadmap, implement the actions necessary for the success of the transition, notably the organization of credible fair and transparent elections that are held scheduled. if not, 2 trains have collided in southern pakistan, sin province killing at least 40 people. rescue workers are looking for passengers trapped in the wreckage. prime minister among con has called for an inquiry. israel's parliament has been given a week to decide whether to approve a broad coalition is the new government. it would be led by centrist yay, or lap it brings together 8 parties from across the political spectrum, all aiming to unseat prime minister benjamin netanyahu. right wing presidential candidate cake of who he mores lead is narrowing further and peru with over 92
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percent of the run. our vote counted for more is just over 50 percent. while her left this rival pedro castillo has 49.8 percent us vice president couple where it says raised the issue of migration with guatemala presidents as part of a regional effort to address its root causes. harris says biden wants to re establish relationships with allies around the world. so also visit mexico during her 1st foreign trips and coming to office. google is set to pay a nearly $270000000.00 fine in france, after regulators there found it had abused the dominant market position in the digital advertising sector. it's the latest move by european authorities have been trying to rein in what they see is anti competitive behavior by u. s. tech giants. those are the headlines counting, the cost is up next on al jazeera. bye bye news.
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news. news. news. news, news . hello, i'm sammy's a than this is counting the costs on al jazeera. look at the world of business and economics. this week, i've kind of stands warren. economy gives way to more insecurity. at 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,
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the israeli billionaire making billions in the democratic republic of congo and the colds for the government to take action to make sure the country and the people benefit from its mineral wealth. and black wednesday, the day 2 multi $1000000000.00 oil, johns was humbled by environmental and shareholder activists. if 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 ghana stand the consequences a far greater. the economy has been hawked on the billions and military spending and international aid con yvonne is already exerting control. busy on many areas outside the capital, according to the un, it managed to re is as much as one and a half $1000000000.00 from taxes, the drug trade and exports of golden,
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rarer minerals. its whole is 25 percent of the government's budget. about 80 percent of the government's budget is funded by foreign donors. the world bank says international development day to have can this town has slumped from $6700000000.00 in 2011 to $4200000000.00 in 2019. and it's expected to fall further of kenneth stands. poverty rate has worse and noticeably rising to 72 percent in 2020. well, that's up from 55 percent a year earlier. meanwhile, unemployment, it's up to nearly 40 percent in 2020 up from around 24 percent in 2000. then 19 al jazeera is fairly o'connor for re, has more from cobble the life that existed at this warehouse with trucks. transporting goods to foreign, military bases across again is down,
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is gone. this local company has been supporting international troops for more than 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. has very so 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 him. not because totally because of my situation by the support i
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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, 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 800 foreign military bases across of ghana. stan, 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 compact mission enough ghana stem. 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 buzzer in cobble, ne, after the u. s. president, who started the war, is a shadow of its former self. it once had close to
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a 1000 stalls, most a wash with original american goods destined for us troops station here. now it's flooded with cheap imitations and items i barely anyone buys. i was, or i was calling for the after 2018. the business became ruined and right now there is no business at all when i am 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 again, as stands, economy. so time of move that committee says there's one way to replace with the foreign presence has been contributing to the african economy upon us on has lots $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,
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as i said like that would be impossible would be without like these huge foreign direct investment. now if you put it into the problem, was that upon the sun, i see the chance for you slam. why would people take that money and coming to avant us on an investor where there is no guarantee what has been to happen to model and finding ways to financially sustain itself will be one of the many challenges of gan has done faces as the last 4 in true to leave this vast 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,
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will leave with us from now. and we also, it wouldn't be like, 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, honestly, i'm still freaking my pocket. nope. we don't expect any kind of magical solution from inside because on the phone, if you see that kind of think, you know, the condition of the sun wouldn't be in a position to immediately substitute the the amount of money that the foreigners used to, or in an honest, we don't have kind of like an immediate,
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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, some sectors and some, including the findings like that and some mid promise, like a better combo chicken army corporate trinity is one of the country. but in the beginning, when do you know 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 they have to show for the billions they spent? well, one other thing in the beginning, i think there is, there is progress in terms of economic development. there are some tangible outcomes that you can. so talk about like see that is a little bit improvement and infrastructure and soft schools has been have been building a honda song of the old so you know,
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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, 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 honest on has lawson is so losing millions and millions of revenue for revenue. that is, that is a fair, high faith 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 types of texas. it's one is the official taxes where the government important from the businesses, but then we have the official title,
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which has been employed by the it's all about seeing the process for a business man has to pay like 2 different institutions. and at the same time, like in addition to production, like just an official talks of royalties and every in the provinces, in the villages, in 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 balls, touch mineral sources, take big sample of the item to cooperate. cold. you know, some small scale. some mining has been done in the us on but, but as i said before, because of the security and the lack of a fully government present in due process does not like contribute the which would
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have contributed job and economies. he very think company is going to be willing to put capital into an environment as you've described, that it's got multiple challenges. show 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 feed the history and the common practice from the mining sector, some of the minor and just reflecting they did not come from the verge of the conflict. so they used to like in listening in the conflict. so wanted to check the example of fasick and region, you know. so dad used to be like active investors 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 process that is there is some ongoing binding mining in on a phone which is not in
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a very large level of course. but do you want to see like all those small scale mining and one on a close? the ones that are still are logged into some judy be now it will tell you why hasn't china developed any of its concessions? if you take the example of the sort of direct research and more specifically the example of china, i think china on, on, you know, helping, i've got general investing in the mining sector that has a very large scale project. i'm not sure which of these the top are binding, you know, instruction and i want to fall that's been put off for some reason. so of course there isn't a security bucks, but do you want the last 10 years used 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 have the meeting with our president discussing the 300 millions of possibilities for investment in the cold, cold sector. what's your,
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what's your, what's acting it's, it's a, it's a good news for now. but as i said, like we are not going to change. if you see the, the, that the size of the mining on the phone, i think it will be like just the chinese coming and so on the function. now we have the binding a solid like we have the iranian, as well as the budget one. he's assaults, there they are, they're helping out going to stay with him in some bindings, but not in all florence is due to the security, but in some provinces where the security is relatively better, including couple more that's mary. 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,
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a. u. s. russia cold war and dictatorships in 2018, it was estimated that 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 countries still being exploited. a coalition of congress, ease 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 deals 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
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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 the girls build and own this multi $1000000000.00 empire in the country need to get we was very close to the right 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 in the morning session to go to the man and started in the market. we've demarcus prices editing. be really and you said we read your in color. ok, and i should point out of course i got denies any charges. all the allegations of
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wrongdoing is the difference between those knocked down prices and the market price does not explain the revenue, which is way in excess of industry standards or all other other things going on. yeah, definitely man, because you know, don't drive to feel for you and example, or you can frame them for know that when the government decided to say one bro, here or call they wanted to me to get or we've the price was $500000.00 plan he's decided to, to say, to roll to the government. so we've $150000000.00. can you imagine the difference? so we are thinking that the reason that the can explain the really new to me. so
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guess learn when you're in call is because of the price you want, can the current government do then after 2018, we have a new crazy day and day pointing to the questions. now is there time for the call back to to set up a police and still send for ryan to make an evaluation or or call the office tomorrow. 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 contracts. 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. it's gonna save today due to the fact that we
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are here in colo, but everybody will come to me invest the money to respect the call is low. now we can find that the price dies. me. so get, are some minor mining calls this call or that there is a link. there is a relation between lar, with 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 me some done, we've gone by the now they are investigating in the united kingdom, in theater land. and i think that's good to go. i said to go to the international court because you know,
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you can lose more money going during what you have to do now you've got to cooperate as we've already gotten to know what would be the best solution for everybody. and i feel like, what do you lose more money now? and you know, sometimes 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 the 0.02 percent stake, an oil giant exit 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.
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excellence, 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 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. well, joining us via skype from amsterdam is a fear 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 decided to do so because well, show is one of the biggest polluters in the world's him. it's more than 9 times as
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much for you to as another than says which is causing dangerous climate change. and that actually has a massive effect on human rights in the whole world. and therefore, 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 the spike, new litigation. of course, the netherlands is a different jurisdiction than other countries. but there are underlying principles that can be used in other jurisdictions as well. so firstly, there is 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,
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the court said that businesses specially these very big few companies have human rights obligations. they have the obligation to cut back their c o 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 thing. let's, let's look at their argument. they're saying, look, the any 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 and your solution is to cost an arm. and what we actually need from show is to take responsibility leaf,
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also few in the grounds and start taking a completely different course. start taking different decisions side, caring for the planets, 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 might 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 be on public scrutiny in the public high. well, the, 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 take a step 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
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rights obligations, 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 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
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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 that goes against the decisions that we need to be taking in 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 for you. thank you. and i saw show for this week, the more for you online at al jazeera dot com slash ccc. that'll take you straight
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to our page, which has been pirate to catch up on. i'm sammy's, a dan from the whole team here on can be the cost. thanks for joining us. the news and i'll just, there is next. ah, me. a faith can drilling story without filtering a single word, liam, conventionality of life. witness through the lens of the human eye on error in the afghan capital calling me. i've been following i really maternity clinic killing pregnant women need wives and baby one or what he struggled to afghanistan
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or even newborns are targets on l. g 0 revealing eco friendly solutions to combat the threat to our planet. on al jazeera, the news. molly's crew leader sworn in as president colonel asked me, go to promises to honor his international commitment and hold transparent election . ah, you're welcome. is there a life for my headquarters? and i'm also ahead us vice president. common harris is in guatemala, in an effort to tackle the migrant crisis from the region will be live in guatemala .

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