packs of their business empires. but above all, these supplies represent a combination of one of the most processes of privatization. the world has ever seen. some public funds are still involved. it is clear that private capital now also controls access to what was once the sold demand of nations. becker good mike, 0, washington ah, type of track of a headline 0 now to 0, support is approved. the left is federal castillo us celebrating after he was officially named. as the next president comes after 6 weeks of uncertainty since the runaway castillo won by just 44000 votes. results were delayed falling accusations of fraud from 50 years right? opponent k kofuji murray. the dear fellow nationals,

i have my open heart for every one of you in my chest. there is no rancor, no differences as it should be. companions and brothers who know that peru is always 1st. well for more he says she accepts the results, but he is sticking by her on occasions of fraud. and yeah, they all i know is you. today i'm announcing that fulfilling my commitment, my commitment to all peruvians, to marty about gus losa, to the international community. i'm going to recognize the results because that is what the law and the constitution that i've sworn to defend require put in there. i mean, in the face, with the imminent enlistment proclamation of federal kasteel, it is up to me as a candidate to define a position and to present the country with the proposal to face the difficult times that lie ahead. i saw claim responsibility for obama tactless killed at least $31.00 people at a busy market in iraq. we went off in a crowded area of a city. tuesday is the 1st official day of iraq,

so many people were out shopping for the holiday. afghanistan's interior ministry says 3 rockets of landed and separate areas and cobble that could be heard as the president was leading ada. i'd have pres at the palace, one hitting the cobbles, most popular mosque, another behind its biggest shopping mall. another one hit the minister of foreign affairs, no groups came responsibility and no reports of casualties. the 2nd phase of filling the controversial grand easier than renaissance them is now complete. egypt and sudan want a binding deal over the filling and the dams operations. they've approached the united nations security council to intervene in therapy, says the project is essential to his development, but caro and costume fear it could restrict that water access. those headlines and it continues here now to 0 after counting the cost stadium, thanks for watching bye. for now. something was going to change. has anything

really changed? this is systemic violent that needs to be addressed at its core. we are in a race against the variance, know what to say. we are all saying we're looking at the world as it is right now, not the world. we like it to be. the devil is always going to be in the details. the bottom line. i'll just use hello i'm how am i? he's been and this is counting the coast on al jazeera. you're look at the world of business and economics this week. internal conflict board was to dispute ethiopia as challenges are piling up with even the united states calling on international lenders. the block access to finance. it is prime minister abbey for the political and economic challenges. one of the biggest exports is of emissions wants to drill in. the arctic. environmentalists aren't challenging nor ways. plans in the

european court. the pandemic have decimated the tourism and leisure industry. we find out how one island nation hoping i'm planning for the recovery. for much of the past few decades, ethiopia as economy, with the exception, has grown at a breakneck 10 percent or more until the arrival of prime minister avia hundreds in 2018. he has hope to list the economy to middle income status through privatization, but conflicts in the northern te joy region. the pandemic and locust swarms of strains, the countries finances for port to the prime minister who won the nobel peace prize for ending boys of war with neighboring eritrea. the challenges are wrapping up its forces, slipping, roach. it's in a c grade before plunging the region into

a humanitarian crisis, the united nations says 70 percent of the population needs food, aids that comfort food from abby's decision to live bands, little position and rebel groups, which a stalked, lo, held ethnic tensions, rivalries, communal fighting and i'm horror and or maria has left hundreds, dave's tensions of brewing on the board with see done, over disputed farming lands. she'll political tensions are also rising between egypt. see john and c o p a over ivy's decision to continue filling a vast them on the nile, cairo and her to me feel water diverted to fill the 4 point. $5000000000.00 down will cause dr. says she don't experience last year despite all the challenges at home and abroad. i b one last month's election when in 410 with the 436 seats that were up for grabs, opposition groups of accused his party,

a vote. rigging intimidating and harassing its opponents. but the wrong dates can deal with all the challenges you see your face it's, it's that conflicts and t gray that are the ross of washington, which imposed sanctions on the country. the united states provided 1000000000 and funding in 2020, but crucially, it's toll be international monetary funds and the world bank to withhold funding that could prove problem. i think the company tries to renegotiate its debts. it's not just governments and international bodies that are thinking twice about investing in ethiopia, foreign direct investment. so business investments slumped to 2400000000 last year from a high of 4200000000 in 2017. if currency has slumped 12 percent against the dollar this year, and that economy may grow just 2 percent this year,

after an average of almost 10 percent over the last decade, according to the m. s that we mentioned. so if you p as grounds ethiopian renee, sounds dam project to stream ties with egypt. se done, but for e feel pins, it's a source of pride's many have contributed millions of dollars to the project by buying bonds. and as catherine saw reports from miss rocky in the field here, they're looking forwards to how it will change their lives. patch ness, get omega shoes as all she's ever used to light up her house, a bottle kerosene lamp. she lives in a village, 2 hours drive north about the saba down there is a mike. good afternoon, we have many health problems. we spend more time than we should in hospitals, and i think it's linked to this lamp. next door, her brother in law is using solar energy, but only he and

a few others here can afford it. theater to women, travel far with a donkeys to get the most basic support. if we had a tricity in our village and they wouldn't have to go far to grind mays for example, up to $65000000.00 fuel pins. that's more than half the population are not connected to the electricity. grades. many have bought government bonds for the construction of the grand renaissance dom africa's largest hydro electric dom, about 250 c o p, and leave in this village. the poor, firmer, who raised a $1500.00 for the construction of the dumb. the passionate about the project, and eagerly waiting to be connected to the grids. if you'll be ha, started feeling the damn for a 2nd time. and this is causing a nice downstream egypt and done, are worried about how it could affect their own water flows. the 2 countries want a binding agreement governing how that down with the operated talks mediated by the

african union have failed. prime minister of the, amid recently told parliament the project will not stop. it does not intend to other countries or intention is to work with other countries and improve the state of moses. a term was worried about the tensions he has invested about $2000000.00 in expanding his oxygen and nitrogen energy plant in the patient of more reliable electricity. his factory, which supplies oxygen to all of eastern the field, is facing daily and predictable power. what is your life? because without telling enough in this country cannot progress on being such commodity. for us, we are going to be willingly romano. we're always out of agreement. the completion of the done is imminent. and a few pills like to show met desa,

his family and neighbors. back in miss rocky village are preparing for what it may bring. right, slips, get some analysis now with low now was senior political analyst with kate. so based in k, c, african economics, greater with his own carried, so the cost now e. c o, p, a has requested that it's that be restructured under g twins. he plans to help countries deal with the pandemic? i don't. washington's coal only i and i found the world back to with whole funding complicate matters at all. certainly, but it needs to be said that microsoft really complicated. the service suspension initiative is set to expire at the end of the year and approach the g $24.00 day treatment common framework in january. there has been very little in terms of progress spent, and that is of course, costing regular things id as the initiative is set to expire. if the august is

significant, the country has asked most people 1000000000, which is about $0.60 and a g d p, which almost 30 is external. the slow progress is, is most likely contributed towards moody. decisions have done great the country in may. i place a credit rating on review and we saw a rather exasperated statement from the i m. s on july 6th, when it said it strongly encourages the switch or mission of the acquitted committee. and what exactly is holding up the negotiations? if it's possible that it has to do with us pressure, but it also seems that there is some exasperation from, from, from some of the criticism frustration around transparency issues. it seems that he is reluctant to open his books and this could have a number of reasons why the cost of the warranty greg. one of those it learns with,

with china being being another. but it certainly certainly complicating across that is already problematic. well, it's a problematic situation as a complicated situation, but given the deck, the g t p ratio that you've just caught aids, would you say that you feel peers finances or the critical position right now? yes, i would. i would suggest that they probably finance is not just not healthy one. currently. we saw them as much recently of the war in tikrit crossing as much as 2 and a half $1000000000.00. now that puts an enormous hole in any countries, public finances, then as to these, these sort of socratic risks, that will f d i and to involve britain donors support. that's another major consideration. one

of the largest recipients, all of aid in africa, and the u. s. alone contributed some 1000000000 dollars, 1000000000 dollars to that in 2020. this is very much under threat and it is one of the significant even just the us has so i would have been very annoyed by my comments made last year by president job. and specifically by us secretary of state and the blinker comments, particularly to congress wavy, describe the situation t grandma to ethnic lens would have rankled them a great deal. but it is these, these thought essential individuals and the restrictions placed on, on economic insecurity assistance that will, that will hurt most quite low spring. the focus and i want to prime minister be now he has won a strong mandates in last month's elections. do you think he will be able to achieve his goal of lifting the country up to middle income state says,

or do you think the pandemic is just erased that prospects entirely? yes, i guess it's, of course, it's a major threat to, to, to mr. obvious ministration, which should this one in october is one an enormous, overwhelming mandate. the awesome suggestions and it's, it's that he won almost too many books and some of us physically opposition felt when any votes and opposition candidate $11.00 of the, one of the seats, they want. everything else that's, that's from mandate comes with enormous time just depend demik and the situation and see greg is perhaps the biggest threat read we are seeing movements of soldiers mobilization taking place. and i'm our regional security forces to go meet tpr live

advances in the west of the region, mainly has captured most of the north and south to great. so this the complex situation that he deal with. i could have mentioned this earlier as well, is that if you'll guess, privatization drive, it's much private decision was affected. significant risks. now the big full spectrum in, in april of this year. and he only attracted to his and at least part of that can be explained by the fact that the new yorker right now concert, very good reputation, risk and your you with you base companies will be reluctant to just for, for massive investments like that, considering country stuff at the moment. well, i'm, i'm glad you touched on the privatization, because that is one of the signature policies, another one offense at real policy. dr says that the grands renee's own stand projects and that of course is causing a lot of tension amongst you, feel p as

a neighbors will do you make of this? how does this feed into the economic picture, and is this another potential flash point for conflicts? so before, before i move on to the good, i should point out that this is another leverage that the, the us is seemingly interested in using against the successful bid that was awarded in may of this year. quite a large part of the consortium was made up of the us international finance corporation and both the $500000000.00 loan, which now seems to be in the balance. a lot of this us pressure being placed on on his jo pierre is certainly not good news for the grant. if you're going to need some stem agreement and tripod agreement with redundant egypt, the us, of course rick, las partner to each and perception that they all favor in egypt in these negotiations. and these, the can us relationships intent on so many graphs. and one of the reasons why they

live under the auspices of the african union, the sofa conflict cannot be dismissed, but it needs to be said that conflict between jo pierre at egypt is very difficult to imagine just because of the she had to divide the massive distance between those 2 countries. so in essence, sudan would have to involve the soul continues such confident they would have to provide egypt support and allow them to use that territory. we're getting well ahead of us all by talking but that is, that is a consideration. and so done on some of the least recognize this, the advantage of having a massive hydro electric project on its door stick that it could potentially benefit from in the future electricity. so they would be reluctant to have situation escalate and get too far out. ok, fascinating. insights for you low now,

really appreciate you talking to us here on a cat into the course that's low now. from n k c economics. thank you much. the norway has done a lot to curtail its emissions with consumers buying more electric than conventional carts. but western europe, the biggest exports of oil, is also one of the world's biggest exporters of emissions and not content with plans for c bad mining. it's also planning to drill for oil in the arctic. but not if environmentalists have their way at bolton's bi victories and courts against royal dutch shell and the german government activists are pushing a european court to rule. but norway's drilling is a breach of human rights. in 3 previous cases, norwegian courts affirm the government has not breached those rights. well,

let's talk now it's one of the activists is bringing that case. joining us via skype from melbourne, australia is some coarser gilbert's, a campaigner for economic justice, friends of the earth international. could you just start by explaining to us why you're bringing this case? what are the grains for pursuing this legal action? so what we know from these cases and a lot of the climate cases in general, what we need to prove is that climate change causes a breach of human rights. and that exp exploiting new fossil fuels. also leads to directly to climate change. we think that there's much new evidence coming out in terms of climate change. we see that the impacts of climate change getting worse and worse. i'm from australia. and just last year we saw massive bush fires destroying it in area, the size of france. we're currently seeing heat waves in north america and also

floods throughout the world. so the evidence is mounting about the impact of climate change. we've also seen a number of very significant victories by young people in regards to claim litigation. so the german cases is very telling in which a group of young people in germany were able to, to win on these human rights climate grounds. also, we were able to win friends of the earth against the dutch dutch royal show in a climate case recently. so there's a real growing movement for the sort of cases, and we see a real opportunity to win this case. let's talk about emissions now in a st. leo for you are norway, i'm cancel. those are 3 countries that are quite small in terms of population, but all have vast reserves of oil and gas for exports. they're all exposing their emissions. now. a st. leah has been quite slow when it comes to

acknowledging and implementing changes at home. but norway, it seems, have made great strides despite all this, the still pushing a heads with drilling in the arctic group. why do you think this is? well, there's a lot of money to be made in oil. and what we need to do is have people stand up for people on planet, and we really need to have a holistic approach to climate change which encompasses all elements. so it's, it's, you know, it's not good enough for a government or a company to be doing one thing on one side. and then another thing on the other side, we see this with this trailer as well with extreme amounts of exports. and that's why this case is so important, we need people to be out there cooling out the green washing astray. exports a lot more fossil fuels than, than it produces itself. and so we need cases like this to hold governments and companies accountable for what they're actually doing. and we know if way to keep

we've seen a safe climate, we need to keep the oil in the, in the soil. and that's why this case is so important. know, sam, back in 2018, the norwegian governments after a significant amount of pressure announced that the arctic lo, fulton islands will be protected for oil drilling for 4 years. now. that time is nearly oh, do you think will be more pushback? i think we, we always face push back and we are always willing and ready to fight. we've done a lot of solidarity actions with friends of you know, and this is a really important case. people love the arctic and they're going to fight for this is being a massive global campaign. and we're hopeful to winning the courts. and they'll be significant global pressure on the norwegian government around this issue at the upcoming climate negotiations and into the future. okay, great to get your thoughts. thank you so much for joining us on kind of thing that cost some across the gilbert's campaigner at friends of the earth info national.

thank you. thanks for having me. the leisure and hospitality sexes have been hit hardest by the pandemic. according to the world travel and tourism council, the industry suffered loss of almost $4.00 trillion dollars in 2020, 20. 19. the travel and tourism sector contribute to 10 percent to global g. p. a share which decreased to 5.5 percent in 20. 22, of course, to be ongoing restrictions to mobility or in 202062 1000000 jobs were lost, representing a drop of 18.5 percent, leaving just 272000000 people employed across the sector globally. that's compared to 334000000 in 2019. where you can see why governments are desperate to get people back into work and get the economy butchering one island

nation that is opening this borders to travelers and visitors. is maricia se in the years prior to the coven 19 pandemic. maricia welcomes up to 1400000 visitors annually with to resume accounting for approximately 25 percent of g d p. well, let's find out how they're going to reopen the economy to international tourism. joining via skype from fort lewis as our vend bundle director, all the malicious tourism promotion authority, great for have you with us all and i can see the cost just started. so if i explaining how you're preparing for this influx of tourists, we owe 2 phases. one which is found relies whereby we are with a result but and, and i'll come up with the island subject to boxing

the passengers under way and then there won't be time. then i can just enjoy the peace of the island. tell us about the resort bobo, how will this work? we'll have to respond restricted to the individual resorts or will they eventually be allowed to explore the rest of the islands? actually as a result will allow us to come to ris in full of the work last week. and all of the those will have access to all the of the part that be refined. we need to be after for it, then they kind of editor out in the community and basically with that we know, but we want to promote our legendary service. excuse me. marvelous

tourism accounts for 25 percent of g d p. the last year has been very difficult, of course all around the world, but just explain. so the impact that this is hard on people who work in the industry tourism was because greg bought one and yet fraud the would either the government because they can very courageous measures and how be an extremely born in supple, risky and the post was to support empire and fortunately with this problem on the mind of the band that make up of a 90, we are today saying that we owe and receive your money today more of a move to save the new luxury. ok,

it's very interesting that government has the support scheme, but the government of malicious is also pushing for the production of vaccines on maricia and soil. tell us more about this initiative. this has been measured by the next 5 minutes and i would like to place on record as more issues in a vibrant economy we. it's a diversified economy. and to date, actually i'm to make, we've been getting back is quite challenging. so i would say this isn't that would be able to, to invite investors to come to invest in this lot. and this could be also beneficial all our region. great for have you on the show. thank you so much for

joining us. as our vend boons and director of the maricia sir, is a promotion authority. thank you. thank you. and that is our show for this week, but there was more for you online at al jazeera dot com slash sci fi fi. that'll take you straight to our page, which has entire episode for you to capture i'm how am i here, dean, from the can to the coffee. thank you for joining us. the news on i'll just era is next. ah. when freedom of the press is under threat, you know, you just because i thought, genuinely about your thought toward the making government step outside the mainstream. there has been a implement here, some of access port shift the focus, the panoramic that's turned out to be a handy little pretext of the prime minister, clamped down on the press covering the waves. the news is covered. the listing post

on i just spoke mom, flying the flag for her nation, has been putting in frame cartridge and what the country between muslim my dream play in the woods was providing for how family ways, queen game, that's my precious game in the game. my them bob way on al jazeera, me, the conflict between the government and the regional take great people, the directions fund has kill thousands and internally displaced more than 2000000 over the past 7 months. 350000 people in the region are facing famine, according to the united nation, which says that our vision is being used as a weapon for those who are managed across the border, say it's not because conditions have improved back home. they say it's

a good continue to be targeted because if they have and many problems are being reported and all they come to taking refuge conditions here. um, id ah, hello, i'm down, jordan and doe how the cook reminder the top stories here on al jazeera support is a peruvian leftist federal castillo, celebrating up there. he was officially named as the next president comes up a 6 weeks uncertain distance run off a figure one by just 44000 votes. results were delayed falling accusations of fraud from 50 years, right. an opponent for jim murray. the dear fellow nationals, i have my open heart for every one of you in my chest. there is no rancor,

no differences as it should be. companions and brothers who know that peru is always 1st. what for the more he says she accepts the results but he's sticking by .