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tv   [untitled]    October 15, 2021 2:30pm-3:01pm AST

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a formula repeated in spencer, where the truth doesn't get in the way her good. good story. he park al jazeera, the lot of film festival. ah, i'm, let's take you through some of the had lines here and i'll 0 now. security sources in afghanistan say at least 33 people have been killed and another 57 wounded. after the largest share mosque in the southern city of kandahar came under attack. it happened during friday prayers. there are unconfirmed reports of 3 explosions inside stephanie decker has more is the 2nd time in 7 days? that is she a mosque has been targeted on a friday during friday. prayers sick dipped significantly. this is the 1st time that you have such an attack. in kandahar kandahar is in the south of the country. it is the taliban stronghold. it's birthplace. it's heart a seat of power. so i message there. i think again, we haven't had
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a claim of responsibility as of yet, but i think it's pretty certain that the taliban we'll be pointing fingers as they have done in the past before any claim of responsibility to ice. okay. i feel in afghanistan, thousands of people are protesting at a border crossing between afghanistan and pakistan. that's been closed for more than a week. right? no job. i just never ending claims about who was shut the border and why focused on the official said, the afghan side had been closed without notice. of afghan state media claimed it was shot by pakistani authorities. lebanon is observing a day of national morning after bay roots were street violence in more than a decade. funerals are being held for the 7 people killed when the city was rocked by gunfire, and rocket propelled grenades on thursday. authorities in english speaking west in cameroon, of called for com, off of the killing of a school go by police from to bangor, protest. the incident took place in boy where anglo friend separatists have been in
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conflict with government for, for the last 4 years. australia's prime minister says he will, will attend the un climate summit in glasgow later this month. scott morrison had initially threatened to skip the comp $26.00 event in scotland. however, the raw report, the chinese neither she, jim pink, will not go to glasgow. poland parliament has amended legislation to allow border guards to expel immediately, migrants who cross the border without papers. if the president signs the bill into law, gods will also be given the power to refuse asylum claims without examining the human rights group. say the measures violates international law. they accused poland of wanting to legalize migrant push backs. the news continues africa inside story. ah,
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the latest technology to toys, building materials needed so many products are in short supply around the world. so what's causing the supply crunch, and will this mean higher prices crystal, this isn't like story. ah, hello, welcome to the program. i'm him are on con, a supply chain crisis is threatening to derail to wells economic recovery from the pandemic. you small phones, toys, clothes, and even christmas turkeys are among many items, not reaching consumers and less of blaming. while they call
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a perfect storm of problems. dozens of cargo ships a stock off the coast of southern california in the us. they're waiting to unload containers at ports and los angeles and long beach. the handle almost half of americas imports. that backlog is pushing up prices. shops warning them t shelves ahead of thanksgiving and christmas. u. s. president joe biden says the ports will now work 24 hours a day, 7 days a week. delivery companies, a major retailers, are also working overtime. this is across the board commitment to going to 247. this is a big 1st step in speeding up the movement of materials and goods through our supply chain. but now we need the rest of the private sector chain to step up as well. our goal is not only to get through this immediate bottleneck, but to address the longstanding weaknesses and our transportation supply chain at this, pandemic has exposed the problem was the main focus of a meeting of g 7, finance ministers in washington. on wednesday,
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britain's richie sonic said they agreed to what constructively, towards a solution the u. k. supply problems are compounded by briggs it and a shortage of truck drivers. cargo ships have been diverted from britain's biggest port container terminals in europe, or at full capacity as well. we see this issue and actually in all major european ports, but also ports across the world in the u. s. in china, there are disruptions it because, you know, due to the, the, been, they, me, the china which is basically the factory of the world and stood still for a couple of weeks. and then they started production again that created the backlog . that created the disruption in the meantime, there been other global disruption such as the incident in the so s channel, the bricks, it's an in the factory of the world. a china output has slowed down for the 1st time. since the pandemic started, several provinces are suffering from power cuts and electricity rationing the price
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of commodities has gone up. a major index measuring the cost of goods for wholesalers, rose by 10.7 percent last month, the fastest jump in 26 years. ah, let's bring in our guess in newcastle, jazz at keller, assistant professor in supply chain management at new casa university business school in ye, anti china. dan wang chief economist at hang sang bank china, and in plymouth. stavros camp. hurry this lecture in maritime economics. and the head of the maritime transport research group at the university of plymouth. welcome to the program. let's begin in newcastle. first, we just camera up as i understand it. the most simple way of describing this global supply chain is the fact that it works on this kind of last minute principle. the idea is that with frictionless borders, with all the supply chain working at once, everything gets to the shops, everything gets the stores just in time,
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nothing has stockpiled. and for that, for decades, that system has worked for the most part. but now with the pandemic and with briggs it and with say, shortage of workers, those that last minute principal as being really test it is it's still working. is it still the best way? the whole principle of just in time production and delivery. it's bugs in certain settings and it doesn't buck another setting. and it's really important to distinguish between the 2. so just in time, of course has good benefits in terms all that is evidence is it doesn't say that it's a good quality. no cause no time method of delivery. however, it also makes up like it really wasn't able because a lot of organizations i've adopted this approach have done it to achieve the local no inventory benefit. so why came up?
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all right, well we have, let us talk, these things happen. be, find that how reliance be on our global supplies of global lighting and bodily on the friction that i'd like to be. so this ben pandemic, or any exists in a shop, a car. bees under abilities get expose and then we find out the problem that our system and we need a more system or a hybrid system to combat this and you until done, why is it simply then that actually we just have to deal with these problems on there? because they don't occur that often, and this is like a very one off event as it was like the pandemic briggs supply, worker shortages, that kind of thing. is it simply that this is just the cost of doing business? i do think it has a lot to do with college and how different governments deal with college. and the reason why china has and last severe problem in its domestic supply is because the
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government has strong control over depend damaged breath. but if you look had most of garments in the world, actually they have already become very flexible in what people can do, what workers can do. and that ask, disrupted a lot of production process. and on top of that, the shipping cause has been extremely high and it doesn't look like it will come down anytime soon. so this as to the power shortage in china. so i think this problem will continue to at least the end of next year. but is it simply done with the cost of just doing business like you just have to adapt to when things like this happen? i believe so because a event like this is highly unpredictable. nobody knew that there will be a supply chain disruption in the scale. and when people look out at the post a call, the situation last march, all a sudden every country was in the shortage of mass and a medical devices. but people, jeff,
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people respond and fatter responded very differently. and we have seen that china motivated a lot of his domestic manufacturers and effectively solve this problem with the 3 month to for most economy. they do not have such industrial foundations, so they have to bear at a cost of waiting and eventually import masks from countries like china, policy on certain. and so sorry, i was going bring your point to stavros karita, susan plymouth. up. so this the but look, this is the only system we call it a system that does work and sometimes breaks down. but is it the, any system we have? yes, it is the only system that we have, and i think it's a very reliable system. the fact that we're seeing some kind of disruptions at the moment, it makes sense because according the latest that these sticks are, we have a 16 trillion of use dollars that this customers want to spend. and that kind of, of money's been saved during the bundle from people who are going out for eating
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and all the other social activities in those kind of stuff. so people are now going out that are spending money craziness. we have an increase in the month of 6.5 percent compared to 2020. and you may think the 2020 was kind of anomaly which i agree with you. and then if you compare that with 2019, that is bringing the demand of 3.5 percent. so in 2021 we have 3.5 percent more demand. and at the same time we have ports that they're striving because of coverage. we have lack of containers. i, we have a lot of disruptions have you ever seen them with lack of truck drivers in the u. k . all over the globe. so that is kind of causing us more problems, which as you said, they learn is, is part of the business. you know, we really have to deal with us and the business sector is doing that. does cover the business sector is dealing with it. i mean, you look a bit skeptical there. yeah. because i do agree that it is one. it a lifetime event. it's a big but then it shocks some people calling it
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a block funny event. but i, i'm of the opinion that we have had version of such events, smaller scale, but we haven't, we haven't seen disruptions since 201140. and you know, every time i feel like and destruction occur, we try to deviate the solution rather than thinking about more long term solutions that be, that we can probably event. so, for example, one thing that i'm particularly if you take the example of co is what i, what i think is that it is a global problem of supply chain global. however, you know, covered as for the governments to, as they, as they should at this time, to look a lot more inputs and they, they're trying to deal with the corporate situation. but locally, however, the, that, that is going to affect the links between these, these notes. so we have to think about them and we have to prepare for any future events. i think we have,
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we need to rethink the supply chain strategy. yes. you know, i know that, you know, people have been appointed points to fantasy to say christmas, but we have to think beyond that as well done well in china, one of the things that global government seems to be doing is actually passing the buck. and oftentimes that book stops with china, lot of people are blaming china for their se thing. well, actually that's where the disruption begins. and if there is disruption in china than that fix the entire global supply chain, is a fair criticism, or is it just once again, blaming the biggest country? ah, because china is the biggest, the manufacturer in the world. and also usually the largest trading partner of most countries in the world displaying has some foundations. because right now the biggest problem for chinese manufacturers is that they don't have the shipping capacity to send those goes out. even if they're producing f, they're usually $1.00 to $2.00 quarters behind when they actually hold a container. so we have saying that the companies in china in costar,
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regions are declining. you orders the power shortage, certainly as to the wall of this whole misery. but the biggest bottleneck, esteem shipping on, chinese companies are simply cannot guarantee the shipping delivery several in plymouth. just before we came on i, my executive producer was in the pockets of oreos and he made the point that perhaps we should be eating more locally. that one of the, one of the reasons for this is that we should be more likely to pointed out. the actual theories were made in america is, boy, is this getting people to try and look up, eating more food locally using more local manufactured goods? is there a way around this crisis to, to be honest, i don't think so. that's a problem related global is my the moments or because even if you see what is happening today, for example, a lot of local producers are saying that we don't have enough manpower to slaughter some of the animals. so even if you try to lead locally,
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that means that we don't have enough resources at the moment. so we really have to start seeing holistically on the overall supply chain, how it's operating and what kind of factors that are that are affecting it's so at the moment you quietly, right, you said that coffee is affecting the supplied zane. you may have here in the news that we're having some suits here against hitting time at the moment. so again, we're going to have more disruption and sign his boards. and at the end of the day, it's not only santa, if you see us as well, we have a lot of vessels coming out there. europe, the same story as mixing in the be those before. so it's a matter of making investments and trying to predict their predictable because we had an economic crisis back in 2008. and as you remember back, that would cover we had that increased demand. we had 0 problem since then. now, yes, we have an increase demand, but because we have problems with supply which those flood progress on which the factorial, it's kind of difficult to navigate through them and predict them. so i think that's the problem we have to face and we have to make a more resilient network. does kara in new castle politicians,
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a warning now that there will be shortages in the near future? obviously they are thinking that this is a serious problem, but i can't help a think if you're warning about this now, then it is going to be a problem. but the basic, underlying issues haven't changed with this a long term problem, right? i completely agree. this is more of my opinion, a bit more time posting that yes, this is going to occur. and on some level it has triggered planning, buying as well. so this problem is likely complicated. a lot more actually by these announcement, but yeah, you're still right, but this is a long term problem, particularly take your sample code has only complicated the problem that was already there, which was entering into negotiations because they could open the union and depends a lot on that so you know, colon combined, that breaks it has actually made it
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a long term problem and that's going to leave. but the, you can't be the long term solution. i. 5 completely agree with the point there, that's why we need to think locally and. and what i would like to say on that is we need to take about a line that will be developing supply system supply chains that rely on local capabilities. the problem is that we, a lot of organizations are solar lined on global appliance. we don't even know what local capabilities are. and actually that might lead to changes in the types of demand for the types of demand patterns of fighting. this is a long term problem. and we need to think sustainable long term solution, otherwise it will just come back again and save time next year. buying people that bought 60 percent to 70 percent more or more of christmas gifts that they did last year. so is that what they're doing is that they're buying early. so it,
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this problem is actually going to complicate, done learning in china. listen, is there more isa? hurricane way of looking at this, all, we demanding infinite growth from planet with finite resources. and actually what we're doing is we're buying way too much, and actually that does need to be a readjustment of demand or is growth everything. while the ward is suffering from consumerism. this point i agree with you, we probably can tolerate spending a bit last on individual basis, but when it comes to the supply chain, it is a very different situation. now from 30 years ago, countries have to balance their own patterns. all countries like britain and the u . s, have probably permanently lost their ability to develop a made range and lower and supply chain of their own. and if we look at the global goods, about 80 percent are produced and sold locally,
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only about 20 percent of the goods are doing international trade. they're traveling around the world. and amanda is 20 percent of global. this is very unlikely that any of the countries did not have the capacity can suddenly debacle. capacity is either because the higher land cost or higher taxes or labor costs, they just didn't. they cannot. they have to rely on i c n on china. so i think this is a new reality, people have to adapt to, they can just develop or to or expect a parallel system. one, rely on the regional supply and why rely on the global supply is just simply not a reality anymore. and several sure, electron maritime economics and at the head of the maritime transport research group. i mean, what do you think, what dunwar has just said? i think there's a sense of truth missing that one. so we really have to start thinking that again we have in minus to find the x product that we're looking for. why we can buy the y
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. so we have to increase or bits or be a bit more open minded, let's say, in the choice that we're doing our customers. because i think that will help us to navigate through those crises. which as i said before, is not dealing with globalization. i think it's going to be over past quite soon from the business sector because we have to sell goods and that's the way to prosperity. and that's how we've managed to build up our economics models for many, many years. so i think the future is that yes, we can buy more local stuff. yes, we can think about the choices. but as long as they're your own, we really have to think a bit more holistically and try to find out better options. let's put it that way. just kara, if you are advising, say the american government right now, the british government even right now, and i understand they both have very different problems when it comes to global supply chain management. what is the 1st thing you're going to get a, the americans to fix and be the british, the fix? well, on the immediate layer on the more or a shot and
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a shot images. um, i would really like you to think carefully about the relationships that we have it on your partners and, and get that started in the right place. because ignoring some of the crisis situation and blaming it, uncovered bonham because he has covered as complicated the situation. but the problem was already there, so i think we need to, as, as a nation, we need to think about trade. my more carefully develop local capabilities. yes. the, we also have the challenges around the talent that you're set for us. and then the back that are leveling up that's, that's really important. so that's, that is something that we need to continue doing and also build relationships and get the negotiations. right. a bit more american it my, my advice. i say this is kathy because i know less about us the u. k. but i think
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i'm very concerned about the grandfather bitches. the big line off the big we have right now, but they're, they're the containers are not, not, not taken off the ship. so i think we need to resolve that problem. we need to get that get that issue, right? they do get to the shop. they have wal mart and they have union 247. what, how sustainable is that? so i can be thing beyond the shopping solution, so we need to be need to solve the problem done wrong in turner, if you were advising the chinese government on a long term solution, long term, even planning to deal with this in the future. would you tell them well, the try has government has already emphasize the supply side, the reform, which is censuring around supply chain security. and number 2 is for security number 3 energy security. so my advice would be they have to adopt more market
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based reform. and in a way, those power shortage and the supply chain bottleneck right now has created opportunity. we have already seen that in the past months, chinese government has allowed the coal power electricity price to fluctuate more or less based on market demand and supply. so they have achieved more in a month than already in the past decade. so in a way this is a positive force. so again, i'm going to get you to explain a few of those terms that are just for the people they might not understand home. when you're talking about the chinese power crisis, you're talking about a shortage of power within china itself. so electricity blackouts, a correct? so there is the power shortage and that is because on the coal price is very high, but the and electricity price cannot be fully adjusted. only about 35 percent of china's traded electricity can fluctuate with market supply and demand, and the rest is $6.00 price. so last,
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a man's chinese government actually allowed the electricity price that's generated that's coming from coal har plan to fluctuate. and that is quite significant ross, because there was a lot of opposition from the legacy system. estabrooks you've heard or the guess have had to say, do you still think that this is probably the best system we have? i think so, and if i had to advising the governments around the globe, i would say that and they really have to go see their supply chain look carefully. and they also have to set up risk management exercises and try to think carefully how not to suit convert success is because i think the biggest problems that we're seeing in the moments are taking place in use in the u. k. and thus, because those 2 governors have managed to roll out of the vaccines quite quick or weaker than the rest of the ward. and also they have minus to have to reopen the economies quicker than the rest of the world. so i think that kind of victims of their victories because they have managed to open the economy so fast,
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and now they're having problems with the supply because the demand is already there . but the supplies know that to see the demand. so trying to think about carefully when you're playing, we both kind of there's when you opened the market, for example, and how the market is going to react to demands. i think it's very important for the new you to just kara. we are running out of time. i just want to ask you this question. there is collateral damage when it comes to the global supply chain is not just the big economies in the world, china, the us, russia, britain, europe, etc. there are, you know, poor nations who suddenly can't afford to trade suddenly, can't afford to buy those goods because the price has gone up. does that make a difference to how the supply chain works? oh, absolutely. i think that's, that's a big situation, particularly when you have why. and that's why there's this whole idea that we the, the tunnel kept essentially the funds wanted to come up with like
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a more process nation. they need to think about their suppliers more responsibly. by example, been discovered situation started a lot of big textile retailers. they terminated their contract with the, the government manufacturing factories and bundle. and it was, it had such a secret impact that that's the whole industrial at the break. so we need to think about that more, more, more carefully, that's buying before to get from that country. and we also think from that apply team, we need to think of those supplies, not just as a cost production mechanism, but also as so that they are going to build a sustainable growth of what they yes, as, as suppliers. i will a thank all our guests jazz camera, dan wang and steve ross at cat. i'm paradise and i want to thank you to for watching. now you can see the program again. any time by this thing, i'll website out is there a dot com, and for further discussion i taught facebook page at facebook dot com forward slash
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ha inside. sorry. and you can also join the conversation on twitter. we are at a j inside story. from me, am ron cohen and the whole team, heck, i found out, ah ah, in the country with an abundance of resources trade are and walk indonesia, his friends for me. we moved full to grow and fraud. we balance the green economy, blue economy, and the digital economy with the new job creation law,
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indonesia is progressively ensuring the policy reform to create quality jobs, investment. let be part when denise, his growth and progress, invest indonesia. now, october on al jazeera, from growing vaccine inequality for the political and economic impact. the latest development as the corona virus pandemic continues to spread across the globe. democracy made an expensive new series, explores the ever growing challenges to democracy around the world. former burkina faso president, blaze come pouring goes on 5 for the assassination of his predecessor commer. thank her. contact india direct from them by brings insights and perspectives from the world's most populous democracy. iraqis go to the poll in an election likely to define the country's future. october on al jazeera and compelling
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a diverse range of stories from across the gland. from the perspective of on networks, journalists on al jazeera. ah ha, i'm fully battle in doha with a look at our main stories on al jazeera security sources in afghanistan say at least 35 people have been killed and another 70 wounded after the launch. is she a mosque in the southern city of kandahar came under attack. it happened during friday. prayers, 3 suicide bombers, reportedly detonated their explosives inside the mosque. stephanie deca has more from couple. this is the 2nd time in 7 days. that is she, a mosque has been targeted on a friday during friday. prayers, sick dip significantly. this is the 1st time.

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