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tv   [untitled]    July 4, 2021 6:30am-7:01am +03

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across europe, during the day a great artist site and one of the most important article in my opinion and kind of think she produced was just amazing. and it's still amazing. it's still relevant and i think that's great . shaded and volunteer. i come from a village in valencia. i've come here because i have a lot of respect for jim. his music has been with me all my life. so i had to be here for the anniversary. ah. type of krycek of the headlines here. tens of thousands of protesters in brazil, law, demanding the impeachment of president jab both, and they're angry at his handling of the corona virus pandemic, which has killed more than half a 1000000 brazilians, monica, you now can, has more now, from the addition area where there's an era was not the only city where they were protest. protests are all over brazil. a some are starting later,
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like in some fall, and people have come to those trades for the 3rd time since may, basically, they have, they are very angry at the way the government has handled the pandemic. over 500000 people have lost their life is the 2nd largest death toll after united states. with the difference that in brazil, vaccine roll out is not as fast as in the united states, and that is another accusation. they accuse the government of having are delayed the rollout. canada, as military is preparing for evacuations as wildfires spread across british columbia, more than $100.00 fires burning as a record breaking heat wave grips the province. around a 1000 people have already fled their hands. the imprisonment of former african president jacob zoom has been delayed after the constitutional court agreed to hear his challenge to jail 10100. down last week, he joined hundreds of his supporters who gathered outside his home and candler in
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a show solid charity on tuesday, whom i was sentenced to 15 months in prison, offending to appear at a corruption inquiry. thousands of people have joined anti government protests in the us as capital y to do demonstrating against the worsening security situation. the opposition of the government is to blame and accuses it to failing to prevent attacks by groups. and a search operation of a scientific collapse. department building in florida has been suspended. emergency workers will now demolish what's left of the block in miami. before tropical storm elsa reaches the coast to more bodies have been recovered, bringing the confirmed that number of dead to 2424. others are still missing. no one's been pulled alive from the rebel since the 1st hour of the rescue operation. 10 days ago. so those are the headlines and who's continue 0 now to 0. after counting the cost statement, banks are watching bye for now. talk to al jazeera,
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we roam, did you want the un to take and who stopped you? we listen. you see the whole infrastructure and being totally destroyed. we meet with global news makers and talk about the stories that matter on our sierra i lose . hello, i'm how them are hitting, and this is counting the cost on our to see your look at the world of business and economics. this week. for mishandling the pandemic to its over reliance on commodities, the scientists challenging the political establishment in latin america as millions fall back into poverty, most unequal region of the world. argentina avoid another default was full and
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currency reserves. the country could mine its way. i have trouble huge reserves of lithium when i read once more from international minors and shit, its minerals overseas, and late to e commerce them at least the playing catch up. we talked to one of the biggest investors and asked, can the regions deliver another success like right hailing up, carrying the latin america's fortunes have been inexplicably linked to commodity prices as copper, gold, oil, and solely prices rise. so do political fortunes, foreign money, flood sensitive region, and everyone feels richer, but inevitably compelled to say producers, the curse of rise in currencies makes it more expensive to imports, leading to inflation hot money leaves, and that sore people for back into poverty. and the cycle goes on, right now,
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the pandemic has hating the region harder than any other, according to the un economic commission on latin america and the caribbean, just over a 3rd of the regions population or 209000000 people are living poverty. that's $22000000.00 more than last year was slightly more than 8 percent of the world's population, or $600000000.00 people at half, almost 28 percent of all the death from covey. 19 and the economy contract. it almost 8 percent last year. that's despite government spending $86000000000.00 attempting to support the economy, while many incumbent government saw on the pressure for their poor handling of pandemic, can it's mainly parties on the left that are taking advantage. 13 countries or holding elections in the next 15 months or so. peru is already elected primary school teacher trade union activists,
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federal casteel as its next president. his campaign asked a simple question, why is the resort rich nation so poor? he unseated conservative rival keiko fuji mori. when she lay a communist done your l. j. a is likely to unseat the rights of census about jumping yet in november's presidential elections. at an interview, bloomberg, he said, people are coming to the realization that the liberal policies are incompatible with democracy. chileans have had enough of the free market that has failed to reduce inequalities. and then columbia left one, candidate, gustavo, petro, could become the country's 1st socialist liter. i knew that a silver could very could come back in brazil against right when the populace j are both nato, who, belittle the pandemic, has almost half a 1000000 citizens perished. a patchwork of long fence have done little to contain
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the pandemic with costs rise, and governments are keen to get people vaccinated and find new sources of income to pay for the pandemic argentine as one country that has huge potential to become one of the world's leaving lithium producers. it's a major challenge for the south american nation seeking international partners to help develop the industry traceable has more lithium extraction is well and away at the level full flats in the province of who, who is in northern argentina. it is referred to as to why a gold of renewable energy. that's what the market says are going to need to increase leaf you mix fraction, but also manufacture batteries to add value to the production chain layer a. we are trying to establish a small supply chain of lithium batteries, so we can meet with the demand. one area of demand is the transformation of fudge in tina's lodge, public transport system to include electric,
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but lithium production is a priority for argentina's government. it's minister of production says that government has already signed deals with several companies. china is a major player in the business and has been increasing its presence in the region. democracy, the endo, would you see us? we're seeing lots of interest in the possibility of investing in the country. last week we signed a memorandum with a chinese company that is already producing lithium in argentina and is hoping to advance into batteries. and we sign with another chinese company to build batteries and cars are not going to be you're seeing lots of interest because of our natural resources, industrial history and technology that allows us to plan ahead. lithium, ion, batteries, rechargeable and lightweight power. the most used electronic devices on the planet from cell phones to laptops. much of that, lithium comes from what is known as lithium triangle. i didn't know what livia until you have
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a wrong 70 percent of the words lithium research. the lithium is liquid, ryan reserves no k to install flat, like this, when thousands of liters of water are necessary to pump pop the brian research to the surface there later on, distributed in evaporation pools. communities around this area are concerned that unless you extraction could complicate though, access to water, people here depend on the soul flat to make a living. dining and lament flores is part of the indigenous communities in the area. like on the i to be in which one the ancestors have been living here since before the argent times state, and now they want to invade it. we haven't seen any serious studies on what will happen to the water. it is something that worries us that we are concerned about what is being done to other salt flats in the region. they are broken dirty and we don't want that to happen here. and that's why scientists like victoria flexor, i working to find alto native ways to extract lithium. so we are looking at both
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disruptive technology. that means technologies that do not need to evaporate water to extract lithium. and we are also looking at what we might call upgrade to the current of operating technology. and we are looking to try to we gather some of the what the daddy's currently lost during of operation. it would be an inconsistency to extract lithium for a, for a greener world. and for a greener economy if we are contaminating the regions. the locations around the bosses. developing technologies is expensive and we'll take time. a major challenge for developing nations while trying to find a balance between conservation and growth. ladies, i will as the theda who we are doing, tina well, let's get some analysis now with him in a blanket. she's the head of america's risk insights that various maple crossed and
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he may not join us no, by skype from well as iris gets, i have you with his own counting the cost that as much as it's dangerous to lump together a region, a 600000000 people are a dozen or so countries it does appear that there is the many with all the candidates on the left. why? yes the if you think this is all to do with the panoramic? well, i think the pen demik has actually exacerbated some of the underlying challenges that the region had had face for many decades. right. and you know, i'd like to challenge a bit, this idea that the region is turning to the left. i think what we're seeing in latin america is a challenge to incumbent some establishment which, you know, we could say we're seeing more broadly across the world in the region. really, this is injecting additional instability because it's fragmented political that
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where from their inception intended to be representing small a few number of parties, right? and now what we're ending up with is congress. it with a high number of parties and precedents that are acting in a way like they're in a part of the mentally system needing to get the support from, from all the political parties to rules. but at the same time, it's not a parliamentary system. so, congress cannot remove the precedent except in exceptional circumstances. and unfortunately, we have seen that happening in the region increasingly over the past decade. what would you say the current rise in commodity prices fed is coming a bit too late to save these incumbent governments in the region? yes, because the problem is not only con, i'll make right. i mean, of course the economy plays a huge role,
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and the pandemic hit the region very hard. latin america recorded the 2nd words t t p contraction as a region s d. i had massively in all the major economies, right. whether you're talking about brit sales, columbia, mexico, argent, see now they've all same major drugs and f d. i in plenty. plenty. but there's also much more structural underlying socially in the region that government is both on the left and on the right. have failed to address for many years and so voted in the region are looking for those new candidates that break with traditional parties. promise a great with traditional politics and promise to make those long lasting changes to address in a quality poverty, informality unemployment, access to education, access to health care. so really much more complex than if the economy doing well
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or is the economy doing poorly at the moment? will this is clear if we look at the cases, peru, petro castillo, he could be the next president there. is he rides to question why such a resource rich nation is so poor? well, i'm legally for me, has some significant structural issues to address. i mean, we, you know, speaking about the condemning with 70 percent in formality, we saw peru use games that it had taken it adapted to may inject one year, whether we're talking about employment or poverty rates, right. and in education, the system remains shut down. so we're talking about generations where human capital development is going back behind for several years. and as you mentioned, this is one of the most economically successful countries in the region. and we've been here and very wealthy when it comes to,
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to it's mineral wealth and especially pauper. so of course, you know, from a political perspective, because the promises to review the contribution that mining made to the economy and how that expense and how that helps development, resonates with voters, particularly those in the rural areas where communities see their environment affected by a of industry, but they feel lima, take all the, all the wealth and dust and distributed back to the regions that are hosting a multinational, extracted mineral. move her to sheila, you know, in the countries no rewrite thing, it's dictatorship era constitution a right wing free markets are new liberal as policies on the back cert over there. how do you see events that play tonight? well i did, she did
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a very different story because of course of the institutional development of the country hat. so even though it's face that similar challenges, right, the issues i mentioned before i could make that same statement about sheila in terms of education and access to health care, et cetera. but i think the, the huge difference is sheila, if we compare it to the case of perot or even the case of columbia, which is in the midst of significant civil unrest at the moment and have been for the almost 3 months. the difference is, the chilean political establishment was able to rally together rather early on in the civil unrest movement right after 2 months in 2019 and institute, a framework and a road to re so that in a structural manner and in an institutional manner. now, the question is, will it be successful and will it be enough to block a social demand? because, of course, any structural response, right?
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when, where we rewriting a constitution creating effectively a new legal framework for the country. this takes a lot of time. so the question then becomes our chilion patients enough to see those changes through which are going to take anywhere between 5 to 10 years at least to, to show any result. in the meantime, what we're seeing is very short term to for more money making it into people's pockets. and we have seeing that throughout the pen there makes, with the government having to give it into changing the pension system and allowing for pension withdrawals early on. as people want to see the money that they've been saving for many years, some decades back in their pockets came in blanco from various maple crossed thanks so much for talking through the complex dynamics in this fascinating region. we appreciate it. the skyrocketing fuel
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prices in india, driving up the cost of foods and other basic goods, is putting pressure on millions of families and comes as the inflation rate surpasses. the crucial 6 percent threshold said one of the countries central bank, elizabeth per item has more now for new delhi. 12 year old shoebox flat bread for her family on a fire made of wood and dried cow dung. her mother, sony earns just or the $3.00 a day when she gets work in the vegetable farms that surround their home. but she says they can't afford to buy gas for cooking. as they bought them was guilty is done by the day that it's really hard right now to take care of my family prices are going up lentils, a $1.30 kilo who's going to eat that. we don't buy anything to eat and we only eat the vegetables which grow in the fields and don't buy anything else because of the rising prices. the prize of essential items has been increasing in
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india during the past year. cooking oil by 30 percent fruits and vegetables by 12 percent and lentils by 10 percent. and that has had a big impact in the country with an average income is the equivalent of about $5.00 a day. one reason for the higher price of food is the cost to transportation failure. the ones who have groups are not for the poor because their prices are skyrocketing and even vegetables. people buy hossa kilo instead of one saves a lot while expenses are high. meanwhile, the fuel prices are already broken, the backs of the poor the government has increased fuel prices up to 50 times this year, leading to protests earlier this month. on average and indian spends nearly a 5th of their daily wages on fuel and the other places race which reflects the increase from the price of the book and services. what's the 13 percent in may that
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is above the 6 percent threshold set by the bank of india, that economists say the rise of the price of food is more worrying than that of fuel. this great off for prices going up is going to get that much worse, in which case is going to have a devastating effect on the open for particular. and some of them, particularly those who are in non agricultural activities and who actually by the cause of get the the government distributes for fashioned to the poor, but the health doesn't reach everyone. sony says she doesn't have the ration card that's necessary to get the food. her children, including 9 year old, got him, are only attending classes because of the kindness of a few young people who are teaching for free. sony wants sure, but to learn to cook and clean and case have free education stops,
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and she'll have to find work. elizabeth, koran m al, jazeera new delhi. them at least as always, love, bricks and mortar shopping. mostly because the family owns conglomerates, controlled by the old guards, but a younger generation has been pushing the boundaries with e commerce, with huge success, with rights hailing up, carry me being snapped, felt by uber, and soon come, falling to amazon. and the panoramic has accelerated the shift old line for shoppers. i'm cities of like, one company that has managed to raise $24000000.00 in the likes of south georgia. 80 and investment funds is open search. the amanda base mobile 1st classified marketplace claims to have fixed the $5000000.00 consumers across the region and sales goods worth around $30000000000.00 a year. so let's talk and i will call don't bozza. the phones are and managing
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director of investment group. i mean, a great piece also chairman of open 6. great to talk to you today. no, you own many of the middle east talk e commerce sites and talk of course about open soup. sell any car, dot com and the right healing service genie. have you seen any more traffic as it were during the pandemic? thank you for having me. obviously been that and they make, has been a great excellent for adoption and usage of eco max services in a similar manner to how more by an education increased penetration. the pen demik has been the drive back for more usage and adoption in a business like open talk, you have tend to our application to savage and find whatever they need. be a tech car or an apartment fashion, anything that they need. this has facilitated their lives clairmont. basically,
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we have gotten to about 2800000000 page views in open to last year. we're trying to get for us during the pandemic at this point of time, every 16 seconds. so probably since we started, there's been 2 items that were already sold on, on open source. what we have seen is that after the dad's work chevy and fully lifted in many of the countries that this increase and savage, in traffic to eco max businesses in the mean magnesium, has consisted and continued to increase in fact. so we're very optimistic about the future of eco max and online services, and they mean that even though there's lots to be optimistic advice and your show firms have shown remarkable adaptability to the challenging circumstances. but for the raids shearing up genie, i mean was that not have told by the panoramic? because we know uber and lyft really struggled during those tough times. of course,
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so obviously when, when they were locked down and people were unable to move and jamie was, was significantly affected. however, when locked down wherever gifted partially, we noted that genie as gotten back to its previous level and exceeded its previous level of mark. more importantly, after the lock downs were lifted. we've seen jeannie basically hitting new 11th new cards in terms of traffic. this is because use exam pass in jagger's, have opted for private congress because private coverage offered them assurance in terms of basically security in terms of those cars that are infected today. because we have interns over our drivers. by the end of this month, we're going to have 100 percent of all the g nice guys, bags being vaccinated,
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which is something that is very hard and difficult to say, or play in florida. i bag, you know, public transportation services. well, the great the, the business is approved, so adaptable and able to cope with the challenges. would you say there are any more unicorns in the middle east that we should be keeping an eye on at this time? because korea, of course, is bought for more than 3000000000 by over and the seed has really inspired a lot more investments as investors are looking for the next big thing. oh absolutely. what's happening in the middle east? how that is that there is transfer of value that is happening in the largest traditional economy sectors. so take, for example, a business like open source. where did all of those ads that used to appear in 64 page? granted newspapers in the middle east go and the ad that is related to the rest,
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whether you are selling a car or getting an apartment or looking for somebody to hire or offering any kind of suggest. all of those ad has shifted to open source. so all of those, you know, 1000000000 dollar evaluations have shifted to online businesses with the lack of open talk leading the way, not even that, but those businesses are getting closer to that transaction. so though they started by, you know, selling advertising space, they're now making costs on the transaction itself, which means that even going to be bigger than that, you know, they're basically parallel business models in that traditionally economy. the same is happening, for example, in the automotive sector. congregating sectors, etc. the way you have seen many 1000000000 eggs being limited in the middle east because you know, they, where they're where car today bags, owning that largest chart rooms and the most prestige. seen streets and do by your door. how order, you know, is that the auger yod, this is now, you know,
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moving online where businesses like any cars have become the largest used cars to a bag in the u. e, in nor time becoming bigger than any of the existing car trade tags. we're given this changing dynamic, do you think there's a needs for a tech index in the middle east, like the nasdaq, to the spar growth? most definitely, i mean until to day. and there is no proxy for that growth of online businesses in the me. that is listed that invest decades can buy into, to sort of participate in that growth of online businesses in the mean. and, and there are many reasons for that. one of the reasons is that, you know, that hasn't been big enough businesses to list the ones who have become big like, man, so quick snap. but i think, you know, we're seeing those big businesses coming through and we're seeing this. and it says
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like, honestly, our own business, more than as i mean, a group where we're considering a listing of the group itself to provide access for ultra high network individual then family offices to be able to invest and participate in that growth online businesses in the meantime, i believe we are approximately 15 years behind the u. s. probably 10 years behind western europe and maybe 5 to 7 years behind south east asia. so there is a lot to come. there's a lot to come, a lot of catching up the d, but a fascinating early, diverse and changing landscape. great to get your thoughts on this. how doing the, the managing director of the, i mean a group. thank you so much talking to us on counting the cost and thank you for having me. hello. amber is are short for this week, but it's more for you online at our just a dot com slash c p. c. that will take you straight to our page, which has in your episodes for catch up on i'm how am i in from the whole counting
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the call? steve, thank you for joining us. reduce on, i'll just 0 is next. ah. the world's lungs are being seen. the amazon rain forest is diminishing it a rate of football pitcher per minute to meet the market insatiable appetite for logging, mining and farming. as both scenarios, government seek to relax conservation laws and increase production. indigenous communities on the brink of extinction. know in the fight at their live people empower brazil's amazonian battle on al jazeera, for some robot is mechanical reason that self driving train of the apple. but androids today can be really humanoid. robots, like me, will be everywhere. al jazeera documentaries,
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next lead on the weird and wonderful world of robot that learn think, feel, and even trust. i feel like i'm alive, but i know i am a machine origins of this species. on our 20 o me. ah, goals are brazil is president to be impeached as anger grows of his handling of the coven? 19 and demick? ah, hello, i'm darn jordan. this is out there at night from also coming up. hundreds, i told to leave their homes in canada as wildfire spread in the western province of british columbia. a last minute legal reprieve for jacob zoom either for my cell african husband was due to south a 15 month j.

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