tv [untitled] June 17, 2021 2:30am-3:01am +03
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the people living in poverty and unemployment rising to a record high of more than 32 percent and crime rates offering with the highest rates of cave at 19 infections in africa. the government phase, the russia more than a 1000 people could help spread the virus. it's awesome to leave the area and has sent a team of geologists to find out if the stones are clamoring for really all precious diamond thought. as you know, i don't 0 and these are the top stories, us president joe biden and russian that of let me approve of held what they call a positive and constructive meeting. they've agreed to resume talks and arms control and cybersecurity, but both disagree on human rights. president food and i had a share unique responsibility to manage the relationship between 2 powerful and proud countries. relationship that has to be stable and predictable.
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the option 3 on the initiative to ask for the overall assessment. i believe that that has been no hospitality. on the contrary, the meeting took place in a constructive spirit. we have varied assessments on a number of issues, but i believe both sides expressed willingness to understand each other and to seek ways to bilateral reproach. talks of quite constructive fun yet for his crew to be sent to china's new space stations, making final preparations for launching just a few hours the sand. so 12 mission will take the 3 men for the 3 months. stay in the floating lab. a car bomb inside of colombia military base has injured 36 people leaving 3 people in critical condition. the defense ministers blaming the national liberation army, the country's largest on group. russia is making covered 19 vaccines mandatory for service sector workers in moscow. auto dramatic rise in cases there countries
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tightening restrictions as st. petersburg host. the cities of utah 2020 football matches frances east, several of its restrictions after a drop in the infection rate. it's no longer mandatory to wear masks, doors and on sunday, the night the curfew will be lifted. united nations humanitarian agency chief has warned that famine could spread across ethiopia with a wart on to grey legion. already on the brink, there's been fighting between federal troops and local forces since november, the prime minister raphael p as held his 1st and last campaign rally in jemma and the auto mia region. i'll be on it says the country will show the world that it can successfully hold a peaceful election and many parties. there's a little boy called monday's poll because of government intimidation. and those, the headlines that he's continues here on, on to 0, after counting the cost goodbye. when the shots came
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from the holiday and we heard cracks, we heard some noise which is known as my finale is one in the most dangerous intersections and sought able he didn't come in through the front entrance. that was what happens to people who were shot. they came into the wrong entrance, the nightly pyrotechnics of the furniture turned to the camera man. so that's good l out of here, sorry, a vo holiday. and we'll have on our does era 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 unemployment. 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 needs to do to keep women in work or lose trillion in last. also this rate china
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invest binion in iran, but it's the 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,
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but they tell the story starkly and effectively. according to the management consulting firm, mckinsey 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 over all job losses. and nothing's done about this, the prediction is that global economic growth could be a trillion dollars lower by 2030 than 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 belongs that journal estimates. female contributions to health care
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are equivalent to nearly 5 percent of global g d p. all 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 fought 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 have 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 had to turn to sex work just to put food on the table. sarah and mary, not their real names,
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are among around 2000000 kenyans. he lost that job since because he began sarah worked in an electronic shop here in the capital, nairobi it went bus during the 1st locked down. she said she'd have to do sex work ever since to be able to feed her 2 children away because my life has turned into something that i never thought i would, i would be in my life. if i look at my children in my house, they go hungry. so this is what i was left to it. you don't have a choice, but it's something that makes you feel as a money to make the feel and was 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 market 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
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food here, they 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 its large and growing debts, 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 covey tests, mosque 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
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still the only way to help people they got between they have notes and there they have some to have ne, whitening up the late that which poverty levels are going to increase. we had a lot of so many youths in this country. what went to be engaged in crime are very sad, of lack of government measures to be put in place to ensure that they 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 fear getting cov, it people are running out of options. as did sarah and mary, they both say the economic impacts of the pandemic has been far more damaging than the virus itself. and they say they want it to be over, so they can get high it again and stop having sex or money. all right,
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let's get some analysis on this now with neil and john that nuclear, 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 the 1st sort of broad thought. do you think that corporations and indeed governments are finally waking up to the fact that women aren't 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 back up our back up our claims and governments or indeed and should indeed listen to that evidence. let's split it
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a little bit into governments and comedy. 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 care that women do, if you just look at the figure, it's a 16400000000 on a day that has been done on 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 no new ration. and if, if we want to value the services that women are delivering, then that was just on the basis all a minimum wage. they would be backward the amount backward amount about 9 percent
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of the global u. d, p, or 11 trillion dollar us dollars. and so this is, and this was big for the panoramic and un women's report shows that the unpaid can and domestic what, what that women are doing has increased massively during the band demik 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 station? is it or 30? how does it work? well, i, what we have done in action in our research be, have asked for action on 3 things. one is that the 2nd it us, derek, and the 3rd is back on debt. we found that just again, this is pico, bad in 2019. can y'all gone out and gamble? we're spending more than 3 times as much on external dec prepayments as on health
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and congo browser. we picked up to 5 times as much gone. i had one of the highest deck, so the thing cost in the country in the was at about 59 percent of it's due to be so expensive about $4100000000.00 on us dollars on foreign debt payments. and just about one point sheet on deck suspension would enable, gone off for a sense of double lock force. public had one 4th and didn't have a 1000000000 left over. busy in the budget, so at the moment, you know, debt means that the thing means the public spending last by public spending beings out broke on public service, which means we may have to carry that. we have to carry that ken, i'm sorry i sent her up today. i want to ask you a couple of other questions and couple of other areas. one,
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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 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, fundamental that they don't have access to. in terms of india itself, it's the government spending on public is incredibly no, it's one of the lowest in the world. so we are looking at under to prevent all that 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
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pocket expenditures on health, 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 our heads provision in india to the private sector. which means active questions. which means especially for women, but also or areas. there's a massive crisis of the public can infrastructure. we don't have enough family and community has can in the rural areas. this is also one, the privatization, but the 2nd is also known conditionality that developing countries have to implement and be the i'm after on conditionality,
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isn't it not report to be found that the i'm a known conditionality require goblins to free their wage. the public sector wage bill. and there's also what we found in our board is 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 reach, been fewer dr. you're not the front. there was cetera. it's just about getting the basics right. isn't it 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 say in india now, which has we, well not it has been battling. it's 2nd devastating wave corona virus. the response was for most of india's industrialized states to implement localized locked down,
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which makes sense of course. but the thing is, even before that, the crisis that push millions of people into poverty, elizabeth per on reports now 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 dallied regional government imposed a lockdown, which forced all sharp southern non essential items to close. i may want to hear from somebody who doesn't compared to what i own earlier, but the company will give the salary and we have to run our house and take care of our daily expenses. you can imagine how cash strapped that my wife comes here to help me in a condition. she have used to earn $275.00 a month. now his earnings depend on how many coconuts he sells. this is the kids
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take a honey, a n g o which has been helping ship in virtue 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. you have pushed more than $230000000.00 indians into poverty, which is defined as earning less than $5.00 a day. but this year's restrictions are unlike the nationwide locked down last year, which saw a complete shutdown 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. the have the label, and i mean they're secure that they have the job because of the partial long don't . it has been really helpful that we are still maintaining everything the orders, the are executing, the getting would orders. economists say india's government should focus on helping
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those who need it the most to the government has been doing a lot to help the business side. the person, the most important thing to ensure that the people who are the more or the most badly affected need to be given away out by delivering food or any kind. and so we've been doing some 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's state revenue and hit hard by the collapse and the price is when the pandemic struck. and right now, pick is sticking rigidly to its plans to ease supply back into the market,
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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 investments. now just in the last 12 months, china signed $40000000000.00 worth of deals. some a bon jovi had sat down with iraq's oil minutes. there is some of the java, a smell, and started by asking if the country was under pressure to cancel that chinese contract. no, that is no pressure will leave me the idea that when we make this, this is the 1st time. and so more to make this deal when we, when we 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 decreasing of the price?
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so when we received that a flag, we wear something not, and force of the shortage in cash. that is m in concern that the shortage and cash of him de la now is managed. so no, no need to hold part of iraq own for another you that idea that this the should be approved by the parliament and the national budgets and type in the national budget. so it was 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 of the chinese contact saying we go or we are, we terminate, we will go to tournament of the chinese to stay with the position that they waiting . iraq, if they go ahead or or not, we will, we'll, we'll keep it as
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a please. let's talk about iran. we've had allegations from m and t companies about iraq, the tank iranian tankers using iraq, 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 of there are some think from another area we have not responsible about that. we are, we are clear and we are transparent with all international institute
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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 the left side 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 character production. now our guys is not more than $1500000000.00 this time to come foot. the need now is not as vain to the point. $5000000000.00 standard quote, the more cheapest and easiest gas to export to iraq as the iranian gas. now iran and a snapshot with respect to that, we trust that we try to do something. we try to find another solution for the gas that is a challenge with the inside about payment to them. we try to do something without
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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 phone fact by acceleration. the investment of gods by young. ahead with alon gee 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, to provide all the network for providing to kind of fuel for the energy sector. i mean there have, if you are on the chord dice and we support municipal finance also by support of
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them to provide some chemicals, to keep that, that, to keep the performance of their about generation as maximum as possible. and the other hand ways we any support all the cars in the study, and we have cats in north, the gas company, and the bus i gas company is gas company to provide more and more guards during the summer. i think there is no crisis. the only crisis wouldn't happen if there is any cut from it. i mean, just this is our challenge in that that is around to get go up adding to the production capacity. that is that many network inside iraq and construction on some of them constructed there is. so i had the bar generation would be 600060600 megawatt would be available. that was around $400.00 megawatt from his aware also. and there is $700.00 megawatts from not from it,
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and that would invest. so that is around as a total to go up adding for that. and for the boat generation, the only concern i half of that is cut from the line. you guys would try to keep a discussion with, with iranian side about come with it to that come with meant to provide because during the summer for iraqi bought a generation and we are committed to wait to them when the selection, sanction, sorry, 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
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true and how is that going to manage them? i mean we have to now be in the biggest field of romania. actually mob been in the 2nd biggest field and we're going to was go know when our look in the 3rd biggest field, it was good 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 market and abc they provide good value, good quality with good. all right, so in the competition that i'm compet with western union company that and competition with american company. but they, when,
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so we cannot to prevent them if they want a b, c, contact up front investment side. they didn't take any investment opportunities since 5 years. the last bar to, to the gate and license ground for it was before 5 years. so within this 5 years, there is no new investment for chinese government, but that is abc 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 risk called me i knew their risk and they said that is can alive except to walk a multi area with multi difficulty. so this is idea, iraq's oil minister speaking to a sum up in a job, i, well that is our show for this week, but i want to know what you think and what you want to see on the show. you can tweak 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
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a problem coming to cost it down to 0 dot net is our address. and of course more online it out to 0 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 edition of counting the cost. i'm come all santa maria from the whole team. thanks for joining us. the news on our 0. ah. news. news. news. news. news. the demand for low price clover is accelerating at high speed. that's absolutely great by 2030. the industry will expand by an additional 60 percent. i'll just take
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a detailed look at the disposal of our committee. oh, or the date exposing the hidden human and environmental costs. why was a company give free water to you? never, no doubt. it was said boss fashions all knowledge of me. oh um joe biden. and let me approve him, wrapped up the summer time talent as constructive and positive but differences remain awe about this. and this is all just like some don't have also coming up counting down to lift off china just hours away from sending the 1st true to it's new space station. a car bomb goes off in colombia, the president calls it a 10.
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