a big market for coffee, there's not enough investment in south african coffee farms to maximize profits and sustain his business still and not only grows coffee beans. he also wrote them and packages the final product for sale. while sold african coffee. bailey features in global markets. farmers hoping their hard work pays off for me. the miller, i'll just 0, was willing to tell south africa ah, us the our own al jazeera. these are the headlines. nato leaders have been meeting at the 1st summit, attended by us president jo bite, and the line said china was posing systemic challenges and native chiefs as relations with russia on the lowest points since the cold war. we are concerned my child's school worship follows this, which is found in contests to developmental values, enshrined in the washington treaty. shinine is rapidly expanding its nuclear

arsenal with more warheads on a large number of sophisticated, sophisticated delivery systems. it is opaque in implementing its military modernization. it is cooperating militarily with russia, including through exercises in the u to euro atlantic area. we all sort remain concerned about china's use of this information versus president vladimir perkins told us tv network he got into a possible prison, a swap with the u. s. he'll meet joe biden in geneva on wednesday to former us marines a currently imprisoned in russia. one of them serving 16 years for espionage highest profile at russian prison in the u. s. is a victor boot. israel's new government's getting down to business a day after parliament approved a new coalition by the narrowest of margins. prime minister, enough to the bennet presented his cabinet and

a party coalition which ends benjamin netanyahu. his 12 year run as prime minister, people in england are waiting to hear if the final stage of lockdown will be lifted next week as planned or delayed by 4 weeks is british media reporting governments due to make that announcement in about half an hour. it's been a surge of cases linked to the delta, very 1st detective in india. an a u residence can stop making summer holiday plans . the block has formerly approved a new digital travel pass comes into effect from july. the 1st, the past will prove the hold a has been vaccinated or tested negative or has recovered from covet 19. now here's one of these od scheduling questions. i'll be back in half now with more news. i will also be back in 10 seconds for the counting, the cost me ah, ah, ah ah,

[000:00:00;00] ah, hello, i'm kim, i'll santa maria. this is counting the cost on al jazeera, your weekly look at the world of business and economics this week. gender inequality. the pandemic has had a rest of effect, especially on women and employment. more of them work on the front and more likely to lose their jobs and more of given up their job to care for others. what government need to do to keep women in work or lose trillions in last down. also this rate china invest millions and iran, but it's a cash strapped country ready to turn away investments. we will hear from iraq's oil minister and with millions pushed into poverty before the devastating 2nd wave

. just how will india is economy fair? the eases it's locked down state by state. ah, well, if you've kept your job during this pandemic, we're talking 15 months of disruption here. and let's face it, you've done pretty well. the pandemic has not been kind especially to low income workers in the industrialized or developing world, and the recovery has not been inclusive. so this week we are focusing on the extraordinary and disproportionate effect on women and all income levels. career and child care work and family life. it's fair to say women take on a greater share of the burden. now we've got a lot of numbers for you here, but they tell the story starkly and effectively. according to the management consulting firm mckenzie women's jobs, a $1.00 times more vulnerable to this crisis than those of men. women actually make up 39 percent of global employment,

but account for 54 percent of overall job losses. and nothing's done about this. the prediction is that global economic growth could be a trillion dollars lower by 2030, then it would be if male and female unemployment were even conversely taking action now to advance gender equality could add 30 trillion to global g d p by 2030. so the choice really seems pretty obvious. now that is all over all numbers, but just think for a moments about the health care sector alone, because it has been the heart of this crisis. and what you may not have known, but also may have suspected is that women actually make up 70 percent of all health care workers belong to journal estimates. female contributions to health care are equivalent to nearly 5 percent of global g d, p, or 3 trillion alone to global health. but nearly half is unpaid and unrecognized, or it's just unfair, you know, needed a european court ruling. this was in the case of the british supermarket chain

tesco for female shop staff to be able to compare their roles with male colleagues at the distribution centers. and that's great for women in the 1st world who have access to legal representation, but migrant domestic workers who number 11500000 and mostly women have been left unpaid and stranded from the middle east to asia. so the picture can be pretty grim and sadly, the choices are to, you know, around $2000000.00 canyons of lost their jobs. since the beginning of the pandemic in many have been forced to make some difficult decisions to survive in nairobi, malcolm web spoke to women who've had to turn to sex work just to put food on the table. sarah and mary, not their real names, are among around 2000000 kenyans. he lost that job since because the panoramic began. sarah worked in an electronic shop here in the capital, nairobi it went bust during the 1st locked down. she said she's had to do sex work

ever since to be able to feed her to children. because my life has turned into something that i never thought, how would i would be in my life? if i look at my children in my house, they'll go hungry. so this is what i was left to if you don't have a choice. but it's something that makes you feel as money to make the feel and was feel. she says men paid about $10.00 for sex at 1st. that's now dropped to about $2.00. the economies contract it over the last year. the markets are much quieter than they were before the pandemic. a lot of people lost their jobs. here in the city of move back to the countryside, the people selling food here say demand is really down and they say that means more wastage of perishables, like these bananas, economists say that the government, taxing people more to try and cover the costs of repaying it's large and growing debt plus

a spike in fuel prices has pushed up the price of food and other commodities. the cost of living going up, making life for most people even harder. the few people have made a lot of money from supplying coven tests, masks and medical equipment. some made even more money by being paid to supply them to the government, and not delivering anything until the latest in decades of corruption scandals. kenyans tired of it. so when the international monetary fund agreed to lend the government to point $3000000000.00 to help through the crisis, thousands of kenyans took the social media to object to the borrowing of yet more money that they believe will be stolen. but experts say more public spending is still the only way to help people they got between they have not found there. they have some have not the whitening up the rate at which property levels are going to increase. we are one block, so many youths in this country. what went to be engaging in crime are very fat,

of lack of government measures to be put in place to ensure that the huge can have something to do. tourism is one of the country's largest n as a foreign currency. the sector employed about 2000000 people. many of them have been laid off as hotels and lodges, now lie empty. here women wait by the roadside waiting and hoping for domestic work, which they say has also dried up. as wealthy employers, fig, get encoded. people are running out of our pins. as did sarah and mary, they both say the economic impact to the pandemic has been far more damaging than the virus itself. and they say they want it to be over, so they can get hired again and stop having sex money. all right, let's get some analysis on this now with neil and john that more clear who's the head of global engagement from action a great to have you with us from the deli today, we're going to focus really i think on the developing world, more than anything else here, but just

a 1st sort of broad thought. do you think that corporations and indeed governments are finally waking up to the fact that women are treated the same, that the inequality is there and that it's not just anecdotal anymore. i mean, the, the, the, the evidence, the numbers are there for everyone to see. yeah, absolutely. i agree. i think that there is not a momentum. there is evidence that has, you know, that's clear, especially on the co wiggly or knew that women are treated differently. and face a lot of bad news, but now we have evidence to backup our backup. our claims and governments are indeed and should indeed listen to that evidence. let's split it a little bit into government and company. how much burden should go on the governments and the state in the ideas of, you know, child care actually recognizing that women do a different job and split between home and work more. how much of that burden

should go into the state? whether the burden has to go on to the state, because if you look at the big air that women do, if you just look at the figure, it's a 16400000000 on a day that a big work and 2 sides of this work is done by women and this amounts to 2000000000 people walking all the 8th on a day with non ration. and if, if we want to value the services that women are delivering them back, what just on the basis all a minimum wage, they would be backward. the amount that would amount about 9 percent of the global u. d, p, or 11 trillion dollar us dollars. and so this is and this was before the end make an un women's report shows that unpaid can and domestic. what was that women are doing has increased massively during the band make because

the closure because of that there's not being delivered and they know that women are carrying is not only on just a sustainable hate to be capitalist about this. but how do we pay for all of us? where does the money come from? is, is it tax asian, is it or $30.00? how does that work? well i, what we have done in action in our research, we have asked for action on 3 things. one is that the 2nd it us derek, and the 3rd is back. so on debt, we found that just again, this is pico, bad in 2019. can y'all gonna and gabby, our we're spending more than 3 times as much on external, dec prepayments as on health and browser, we'll fix up to 5 times as much gone. i had one of the highest deck with the cost in the country in the was at about 59 percent of its gdp. so expense

about $4100000000.00 on us dollars on foreign debt payments. and just about one when she on deck suspension would enable, gone on for a sense of double lock force, public had one 4th and didn't have a 1000000000 left home. busy or in the budget. so at the moment, you know, debt means that the thing means the public spending last but public spending means broke on public service, which means they may have to carry that. they may have to carry that blood can. i'm sorry, i just sent her up today. i want to ask you a couple of other questions and couple of other areas. one, i just want to focus in on, on the health care sector, which you've mentioned for one reason is that a lot more women work in the health care sector. they've been exposed to the virus to, to conditions, poor conditions for a long time. i mean, india, the perfect example of going to the 2nd wave that it has been,

but also the fact that you know, access to health care, people not having enough access to it. it's been privatized the last in a place like india and people, you know, a fundamental that they don't have access to. in terms of india itself, that the government spending on public health is incredibly low. it's one of the lowest in the world. so we are looking at under 2 percent off the g d p that goes to public health spending, which means that there are about 0.6 percent of beds available for a 1000 people. and we also have one of the highest out of pocket expenditures on which means that people are driven into biology because of their, because of this being, there's no public support. there's no support from the state and there's no insurance. and that,

that kind of privatization has moved into as you right case of the mentioned we're looking at now in india about 70 percent of heads provision in india through the private sector. which means access questions. which means especially for women, but also or areas. there's a massive crisis of the public health infrastructure. we don't have enough family and community has 10 in the rural area. this is also one time with a station, but the 2nd is also known conditionality that developing countries have to implement and be the i'm have on conditionality, isn't it not report to be found that the i'm, i don't conditionality require goblins to free their wage? the public sector, which bill and there's aust what we found and i reported that they were asked about

80 percent of the incoming countries to plan for you know, increase in their public sector ridge bills. and that just means that, you know, when countries are stored to contain their fuel, dr. you're not the front walk cetera. it's just about getting the basics right. isn't everything you've said today, such fundamental simple sort stuff. and it's what needs to be improved on doesn't it? it doesn't look great. thank you so much for your time. we do appreciate it. thank you so much. i said india now which has we? well now we've been battling it's 2nd devastating wave corona virus. the response was for most of india's industrialized states to implement localized lockdown, which makes sense of course. but the thing is, even before that, the crisis, it pushed millions of people into poverty. elizabeth per on reports from new delhi for the past month, ship pele,

and his wife v to have been selling coconut water to earn a living. it is a new endeavour for the couple who are expecting their 1st child in september. she had been working in the car show room near by when delhi regional government imposed a lockdown which forced all sharp southern non essential items to close. the way it doesn't compared to what i own earlier, but the company will give the salary. and we have to know how the rent and take care of our daily expenses if you can imagine how cashed that my wife come to me, you know, condition she have used to earn 275 dollars a month. now his earnings depend on how many coconuts he sells. this is the kids take honey and geo which has been helping ship and votes with food rations and many others have lost their jobs. research by one of india is leading universities as in frame g. found that locked down from the past year have pushed more than

$230000000.00 indians into poverty, which is defined as earning less than $5.00 a day. but this is restrictions are unlike the nationwide locked down last year, which saw a complete shut down of all industries. factories and many states have been allowed to remain open this year with limited staff. this clothing export business has been operating with 65 percent of its workforce. we have the label and i mean the secure that they have the job because of the partial long don't. it has been really helpful is that we are still maintaining everything. the orders, the are executing the are getting would orders. economists say india's government should focus on helping those who need it the most to the government have been doing a lot to help the business find the 1st. and the most important thing is to ensure

that the people are the more or the most badly affected. need to be given away out my delivering food or any kind of gas to the ship and be to hope she will be rehired. when the car shot reopened, but for now they had millions of others like them, a doing whatever they can to survive. and finally, to iraq, opec's 2nd largest oil producer, reliant on oil exports, finelli all it state revenue, and hit hard by the collapse and the price is when the pandemic struck. now right now pick is sticking rigidly to its plans to ease supply back into the market, which has helped oil prices rise to $72.00 a barrel for the 1st time since $29.00 team. that is very much welcomed in cash strapped iraq, which had signed and then pulled out of a $2000000000.00. we'll deal with china. baghdad had been under pressure to ditch the deal over concerns. the country was simply

a wash with chinese investment. now just in the last 12 months, china signed $40000000000.00 worth of deals. some have been generated, sat down with iraq's oil minutes. there is some of the java smell and started by asking if the country was under pressure to cancel that chinese contract. no. that is, no pressure will leave me that idea that when we make this, this is the 1st time. and so more to make this deal when we, when you designed is the, it was some concern about shortage and cash for, for january and february 2021. and how did we start of this year with increasing and cruising off the price. so when we received a flag, we wear something not and force of the shortage in cash. that is eman concerned that the shortage in cash of ham de la now is managed. so no,

no need to hold part of iraq on for you. that idea that this deal should be approved by the butler man and the national budgets and national budget. so i to ask some challenge and this is in terms of challenge. so no need to be cash in cash. and there is some challenge about sending this to the bottom. i need some, some time. so it was better to freeze it for now. does it mean it's dead or it's short notice for us, but if the contact, if the chinese contract saying we go all week, are we terminate, we will go to the government of the turn to just tell you with the position that they waiting. iraq, if that go ahead or or not, we will, we'll, we'll keep it as a please. let's talk about iran. we've had allegations from m and t companies about iraq, the tank iranian tankers using up the oil. there's also been talk about the deals

between iraq importing iranian gas and sort of international pressure about and especially us sanctions. what has, what is the situation that you find yourself in as the oil minister and how are you going to deal with the iranian question about exporting yolanda and god's was iraqi certificate. it is not managed by iraqi sites and then we have a lot obligation. we try to protect our self about that and all our, all our process is actually there are some think from another area we have not responsible to about that we are, we are clear and we are transparent with all international institute about that we keep our production we keep our new comment as soon as possible this that's one. and may be the other that is our company tried to do like that,

but it's not. and that i'm very lucky. sorry for guys important. and, you know, that iraq establish more than 20020 gigawatts of allocate to city of power generation. depending on gas specially g unseen is iraq. production now i've got is not more than 1500000000. it's time to come foot. the need now is not as vain. $3500000000.00 stand there, come a quote, the more cheapest and easiest gas to export to iraq as the iranian gas. now iran and a snapshot, we respect that we trust that we try to do something. we try to find another solution for the guys that is a challenge with the inside about payment to them. we try to do something without any conflict with anti national entities and which is a situation, and we try to be committed to iran about their, their, their, their live in your, because it is contractual issue. i cannot say no. so,

so we try to do something and, but i'll only try also to, to find another solution for back by acceleration, the investment of gods by young. ahead with alon g important, we're heading like every year towards the summer. it's going to be energy crisis like every year. it happened like clockwork. what is the oil ministry doing? are you going to preempt the challenge? is there anything that you are going to bring in, which will try and mitigate the crisis that we see every year while we try to who to provide all the network for providing to kind of fuel for the energy sector? i mean there have, if you are under co diet and we support minister of finance, also by support them to provide some chemicals to keep the, to keep the performance of their bar generation as maximum as possible. and as i hand louise,

we any support all the cars in the city and we have jobs in north, the gas company and, and bus i gas companies. i've got company to provide more. i'm more guides during the summer. i think there is no crisis. the only crisis wouldn't have been if there is any cut from the gas. this is our challenge in that there is around to get go up adding to the production capacity that is in many network inside iraq under construction on some of them constructed there is some i had, the bar generation would be 600060600 megawatt would be available that is allowed 400 megawatt from his aware also. and there is $700.00 megawatts from not from it. and that would invest that. so that is allowed, as i told you, to go up adding for that. and for the bar generation, the only concern i half of that is cut from the land. you guys would try to keep a discussion with, with iranian side,

about commented to that come with meant to provide because during the summer for iraqi bought a generation, i who are committed to way to them when distraction, sanction saudi dissolved. oh, there is any way to do that. finally you, you talked about a ride bouquet off international investment, all the way from some birger to honeywell and others. talk to us about chinese investment. is the concerned which has been raised by some people that more than 60 percent of the investment coming into iraq is from china. yes, and very quickly, iraq is becoming a main chinese market rather than it's best and partners. so are those concerns true and how they're going to manage them? i mean, we have to now be, and the biggest field of mailer, actually mob been in the 2nd biggest field and we're gonna was gonna know when i

look in the 3rd biggest field. it was good and there to be, and i, and so bad. and as i was, i got the wrong look all in the block. so have good number, good, good number, good stuff. i'm good expect you. good. i see is from was 10. was 10 site chinese. yes they, they are more flexible. that they are, they have any, i can say more than 30 percent of the show market and abc they provide good value, good, a quality with a good price. so in the competition that compet with western union company that in competition with america company, but they one so we cannot to prevent them. if they want a b, c, contact up front investment site. they didn't take any investment opportunities since 5 years. the last party they get and let us round for,

it was before 5 years. so within this 5 years, there is no new investment for chinese carbon. but that is a, b, c contractor. yes. it's true. there is a huge, huge number of turkish and chinese company which take the share market in iraq because that the risk was called me, i knew the risk and they said that this can arrive except to work a multi area with multi difficulty. so this is idea, iraq's oil minister there speaking to a sum up in job i. well that is our show for this week, but i want to know what you think and what you want to stay on the show. you can tweet or d, m the come on a on twitter, do please use the hash tag h t t c. when you do, if email is more, you think a problem come from the cost down to 0 dot net is our address. and of course more online at al jazeera dot com slash c t thing, which takes you straight to our page with all our previous episodes there for you to catch up on. but that is it for this tradition of counts in the cost. i'm come

all santa maria from the whole team. thanks for joining us. the news on al jazeera is next. i news news. on june 18th, iran was told the presidential election will take her sound on his place. put a conservative candidate to succeed, the moderate death and what impact with his power on national and global politics. join us, wait a result,

analysis of the iran addiction on ultra 0. i will just hear what ever you ah, all the news a united front nato late is toughened this downs on china and russia, and promised to tackle climate change for the 1st time. ah, on come all santa maria here in the hall with the world news from jesse. he is the new faith is ready politics. natalie bennett, leading a coalition of 8 parties which is already confronting its 1st test. also in the new