far super rich billionaires minds to make the next impact. so space is the next frontier. and so they may be very honestly believing that they can make much a greater impact by exploring and contributing to the faster development of humans colonizing arguments, exploring and becoming less dependent on the planet and base also suit attempt to achieve his goal of space, travel. it's one earth, i want to go on this flight because it's a thing i wanted to do all my life. a petition as attracted tens of thousands of signatures pleading with him to remain there. but a more realistic go for those concerned with a sofa unchecked power. maybe the growing body pause and congressional support in the u. s. for breaking up his empire. she advertise the al jazeera washington. ah,

let's take a look at some of the headlines here now to sierra. now the i've gotten taught, yvonne is advancing in northern districts forcing hundreds of government soldiers to flee across the border to take a stand for the south. the group has taken a key district in the con the heart, if he opiates, foreign minister abbey, or maybe is defending the decision to fight rebels in the northern te gray region. he described the dangers of the country sunday to rise regional government said it was ready for a cease fire bought with key conditions with the good forget the type of plan. they prepared an army, but they didn't stop there. they started encroaching on the rest of a t o p and started to destabilize the entire nation in all sorts of ways. this is quite dangerous, and at the end of the day, it would endanger the existence of the nation. it's considered as a threat. emergency teams in thailand battling to contain a fire or a factory near bang, cox and port. it was caused by a large explosion. at least one person is confirmed have been killed. thousands

have been injured. search teams are trying to find the flight record is from a philippine military transport plane that crashed, killing 52 soldiers on board. the c 130 over shot the runway while trying to land on jo island in pseudo province. tropical storm l sir is making land fall in cuba. it's bringing strong winds of navy and $95.00. columbus is now a heavy rain. full cost is a warning of flash flooding and mud. slides. officials in florida have confirmed 3 more deaths from a partial building collapses. search and rescue efforts resume their work with pools as engineers demolished what was left of the apartment blocking side on sunday night. the death toll now stands at $27.00 with a $118.00 still missing its counting the cost. now stay with us. news,

news, news. news news . hello i'm how am i being and this is counting the cost on our to see your look at the world of business and economics this week from miss handling the pandemic to its over reliance on commodities. the outsiders 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

currency reserves. the country could mine its way. i have trouble huge reserves of lithium when i read once more from international miners and shit, its minerals overseas, and late to e commerce them at least they're playing catch up. we talked to one of the biggest investors and asked, can the regions deliver another success like right hailing up, carrying? ah, 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 come to see producers. the curse of rising 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,

the pandemic has hated 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 in 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 deaths from covey. 19 at the economy contract at almost 8 percent last year. that's despite governance spending $86000000000.00 attempting to support the economy, while many incumbent governments are under pressure for their poor handling of pandemic. and 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 trading an actor,

the federal casteel as its next president. his campaign asked a simple question. why is the resource rich nation so poor? he unseated conservative rival keiko for g. morry. when she les a communist don, your l. j. a is likely to unseat the rights of census about jump in 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, they 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

the pandemic with costs rise and governments of keen to get people vaccinated and find new sources of income to pay for the pandemic. argentine is one country that has huge potential to become one of the world's leading 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 under way at the orlando falls flat in the province of who in northern argentina, it is referred to as to why gold of renewable energy, that's what the market says. i didn't need to increase lithium extraction, 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 and tina's large public transport system

to include electric, 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. and though what you see was we are 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 and argentina, and is hoping to advance into batteries. and we signed with another chinese company to build batteries and cars that we'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 a lithium triangle. i didn't know what livia until i have a wrong 70 percent of the words lithium research. the lithium is in liquid,

ryan reserves no k to install flat. like this, when thousands of liters of water are necessary to pump up the brine referred to the surface. there later on distributed evaporation pools communities around this area are concerned that only a few extraction could complicate though access to water. people here depend on this fall flat to make a living. dining and lament flores is part of the indigenous communities in the area. on the i to be in which one ancestors have been living here since before the argent time 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. we are concerned about what is being done to other salt flights 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

disruptive technology that means technology that do not need to evaporate water to extract lithium. and we're also looking at where we michael, upgrade to the current of operating technology. and we are looking to try to we gather some of the water that he's currently lost during of operation. it would be an inconsistency to extract lithium for a, for a green, a world. and for a greener economy, if we are contaminating the regions or the locations around the bosses, developing technologies is expensive and will take time. a major challenge for developing nations while trying to find a balance between conservation and growth. please i will just eda, 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

he may not joins 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 600000000 people are a dozen or so countries it does appear that there is many with all the candidates on the left. why? yes the do 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 ingesting additional instability because it's fragmented political that

where from their inception intended to be representing small or you have 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 president except in exceptional circumstances. and unfortunately, we have seen that happening in the region increasingly over the past that day. would you say the current rise in commodity prices? fred is coming a bit too late to save these incumbent governments in the region. yes. because the problem is not only can all make right. i mean, of course, the economy plays a huge role,

and the pandemic hit the region very hard. latin america recorded the 2nd words t t p contraction as a region f d. i had massively in all the major economies, right. whether you're talking about brit sale, columbia, mexico, argent. see now they've all seen major drugs in f d. i in plenty. plenty. but there's also much more structural underlying social shows 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 canada that break with traditional parties. promise a break 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,

or if the economy doing poorly at the moment, will pacifically if we, if we look at the case of peru petro castillo, he could be the next president there. is he rides to question why such resource rich nation is so poor? well, lately for me has some significant structural issues to address. i mean, we, you know, speaking about the condemn make with 70 percent in formality. we saw peru use games, but 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,

to its mineral wealth and especially pauper. so of course, you know, from a political perspective, cassius promises to review the contribution that mining made to the economy and how that expense and how that help development resonates with voters, particularly those in the rural areas where communities see their environment affected by a industry. but they feel lima, take all the, all the wealth and jackson distributed back to the regions that are hosting multinational extracted mineral to sheila, you know, in the countries now rewriting it's dictatorships era constitution a right wing free markets or new liberal policies. on the back cert over there, how do you see events that play a note? well, i did, she did a very different story because of course,

of the institutional development of the country have. so even though it's face it 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 that the, the huge difference in life, we compare it to the case of pro, or even the case of columbia, which is in the midst of significant civil and rest at the moment and have been for the almost 3 months. the difference is that chilion political establishment was able to rally together or 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?

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 patient 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 demand for more money making it into people's pocket. and we have seeing that throughout the pandemic 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 decade back in their pocket. human blanco from various maple crossed thanks so much for talking as through the complex dynamics in this fascinating region. we appreciate the skyrocketing fuel

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 why the countries central bank, elizabeth per item has more now for new delhi 12 year old shelba cook flat bread for her family on a fire made of wood and dried cow dung. her mother sony and just or the $3.00 a day when she gets work and the vegetable farms that surround their home. but she says they can't afford to buy gas for cooking. as much guilty is done by the day that almost 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 vegetables which grow in the fields and don't buy anything else because of the rising prices. how to go about on the price of essential items has been increasing

in 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 average income as 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 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, lead into protests earlier this month. on average and indian spends nearly a 5th of their daily wages on fuel. and the other places re put, reflects an increase in the price of the gotten services. what's the point 3

percent in may, that 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. a fuel can trade off for prices going off. he's going to get that much worse, in which case is going to have devastating effect on the open for particular. and some of the who are particularly those who are in non agricultural activities and who actually buy their food rather than get the the government distributes free rations 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 her free education stops,

and she'll have to find work. elizabeth moran and al jazeera new denny. them at least has always loved bricks and mortar shopping, mostly because of family. owns conglomerates controlled by the old guards, but a younger generation has been pushing the boundaries with e commerce, with huge success, with rise hailing up carrying, being snapped, felt by uber and soup, dot com, falling to amazon. and the pandemic has accelerated. the shift on line for chauffeurs and cities alike, one company that has managed to raise $24000000.00 and the likes of 70 jordanian investment funds is open search. the man based 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 above the phones are and managing

director of investment group. i mean a group, he's also chairman of open 6. great to talk to you to a know 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 increase in education depend, demik has been the driver for more usage and adoption in a business like open school cusick have tend to our application to savage and find whatever they need be a car or an apartment fashion, anything that they need. this has facilitated their lives. clairmont basically,

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 15 seconds. so probably since we started there been 2 items that were already sold on, on open source. what we have seen also is that after the dad's work should be and fully lifted in many of the companies that this increase and savage, in traffic to eco max businesses in the mean magnesium, has got resisted and continued to increase in fact. so we're very optimistic about the future of eco max and online services, and they mean that was to be optimistic advice. and your show firms shown remarkable adaptability to the challenging circumstances. but for the raids shearing up genie, i mean, was that not have a toll by the pandemic? because we know uber and lyft really struggled during those tough times. of course

. so obviously when, when there were locked down and people were unable to move. and jamie was, was significantly affected. however, when look downs where 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 11 new york cards in terms of traffic. this is because use exam pass in jagger's, have opted for private cars because private cars offered them assurance in terms of basically, security in terms of those cars are infected today because we have intervention our drivers. by the end of this month, we're going to have 100 percent of all the g needs guys as being vaccinated,

which is something that is very hard or difficult to say, or play in florida i bag that 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 kareem, of course, is bought for more than 3000000000 by over and the scene 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 trans 2nd 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 printed newspapers in the middle east go. and the ad that is related to the

rest, whether you are selling a car or getting an apartment or looking for somebody to hire, 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 close to that they're on the action. so though they started by, you know, selling advertising space, they're now making a costs on the transaction itself, which means that even going to be bigger than that, you know, 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 mentored in the middle east because you know, they, where they're, where car today, bags owning bad, largest show rooms and the most prestige. just seen streets and do by your door. how order, you know, is that the order yard, this is now, you know,

moving online where businesses like any cars have become the largest used cars to get back in the u, a. e, in, nor time becoming bigger than the existing car trade tags. we're given this changing dynamic, do you think there's a needs for attack index in the med least 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 start to participate in that growth of online businesses. and i mean that the jan and there are many reasons for that. one of the reason is that, you know, that hasn't been big enough businesses to list the ones who have become big like mental, quick snap. but i think, you know, we're seeing those big businesses coming through and we're seeing this and it says

like, honestly our own business model. and as i mean, a group where we're considering a listing of the group itself to provide access for ultra high network individuals and family offices to be able to invest and participate in that growth of online businesses in the 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 with even a fascinating, early, diverse and changing landscape. great to get your thoughts on this. how doing the top of 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 our show for this week, but there's more for you online at al jazeera dot com slash c p. c. that will take you straight to our page, which has entire episodes for catch up on i'm how am i in from the whole counting

the call. steve, thank you for joining us. reduce on, i'll just 0 this next. ah. news news. news. news. news for some, a robot is a mechanical or even that self driving train of the apple. but androids today can be over the humanoid. robots, like me, will be everywhere. al jazeera documentaries. next lead on the weird and wonderful world of robot that learn. think for you and even trust, i feel like i'm alive,

but i know i am a machine origins of this species on our to 0 the holding the powerful to account. as we examine the us, his role in the world on al jazeera, ah hundreds of afghan government troops, fleet to neighboring tajikistan and taught a bond fight, this capture more districts across the country. ah, i'm sammy's day than this is. i'll just say we're live from south hall. so coming up, if he has prime minister blames that dig ryan rebels for the conflict in the region just the day after they showed readiness to talk. fake toxic black smoke.