tv Counting the Cost Al Jazeera January 15, 2022 1:30am-2:01am AST
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it's significant, hard to say, you know, the political scene being arrested searches before the solution bar association who is beaten and dragged away. apparently young people has been arrested. it's police checkpoints around the avenue. there's been use of water cannon and b. c into gas. i saw one journalist to sort of coughing on the ground. she's really, it was really suffering with the take us. so the, the violence against protest, this is really start talk from the anger stopped up. ah, a quick look at the main stories. now. the u. s. is saying that russia is preparing a pretext for the invasion of ukraine. whitehouse press actory gen saki said u. s. government has information that russian operatives are in ukraine for so
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called false flag mission coding to u. s. intelligence. the group has trained in urban warfare and could use explosives in fake attacks on russian forces to justify an invasion. russia has dismissed the claims as unfounded as part of its plans. russia's laying the groundwork to had the option of fabricating a pretext for invasion. and we've seen this before. we saw this before leading up to 2014, just to know, including through sabotage activities and information operations by accusing ukraine of preparing an imminent attack against russian forces and eastern ukraine . and the russian military plans to begin these activities several weeks before military invasion, which could begin between mid january and mid february. again, we saw this playbook before including the widespread effort to push out misinformation, not just in eastern europe, but around the global community. now that joke of which has had his australian visa cancel for 2nd time and is due to be detained in a couple of hours. it means the walls number one men's tennis player is out of the
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australian open, which starts on monday, comes 4 days after a federal court of a tons, an initial order to deport him joke, which is not vaccinated against cove. it the u. k. prime minister's office is apologized to queen elizabeth after a ports of another party which broke corona virus restrictions this time on the eve of her husband's funeral. boris johnson did not attend the party, but he's facing growing calls to resign. and thousands of people in molly, of showing their anger at sanctions imposed on their country by west african nations, off to the qu, in 2020 countries military rulers. asked the public to demonstrate calling sanctions imposed by regional mediators extreme. and that's it for myself. and the team here in london, counting the cost is the program coming up. next, i'll be more news from doha often. dictatorships to democracies, activists, corporations control of the message is crucial. oil companies have become very good
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at recognizing ways to phrase what they want you to hear. we care about the environment you do to, you should buy our oil, be it for a public opinion or profit. once you make people afraid, you can use that to justify stripping away basic civil liberties. the listening post examined the vested interest behind the content you consume on al jazeera, i, i, molly, inside. this is counting the cost on al jazeera, your weekly look at the world of business and economics. this week, the rising voice, the fi employee, millions of young people around the world are quitting their jobs and rethinking the way they live. so walks driving, the so called great resignation. it's been
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a bumpy if a one of the wells busiest shipping roots egypt service canal. so why house the waterway recorded the highest and the revenues could on the chrome varian sculpus merits on price recovery. a table or a storm in a teacup indian businesses, a loving the government to impose taxes and regulations on t imports. from the poll, nepalese pharmacy, it is a fight for survival. ah, the pandemic has changed people's lives. and in many cases, that career plans after a wave of job losses in the past couple of years. a lot of employees now hitting the pause button in their careers and quitting their jobs in droves and at least 40 percent of employees, probably all considering resigning in the coming few months. old and 24000000
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people quit their jobs in the united states from april to september and a record 4500000 people resigned in november alone the most since the government started collecting the states of 2 decades ago. job openings are increasing and wages going up as companies scramble to find employees. china has experienced a similar movement known as lying flat, which effectively means quitting ambitious careers in favor of simpler, less materialistic lives. and started as a social media campaign against a system that requires people to work from 9 in the morning until 9 in the evening, 6 days a week, and yet still unable to afford a home in europe. a recent study by the german based software company persona revealed that more than 46 percent of workers planning to quit their jobs in the next 6 to 12 months. germany has reported the highest numbers of resignation last
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year, followed by the u. k. and the netherlands, the increase in resignation among employees is happening while the world faces. another major challenge only cronan is leading to a global labor shortage. that is threatening economic recovery with the airline industry among the most affected sectors. the u. s. on the u. k. on taking people infected by korean of ours, out of isolation quicker to get them back to wick, foster and join now from london by grace lawton, director of the inclusion initiative at the london school of economics. many thanks for joining the program. what do you think is going on here? are people rethinking the way they work and live? is it an employees revolution on their underlying reasons? well, 1st mailing, thank you for having me on the show, i think, and on the 1st case, you know, on the cross is bearing it's toll. so we do have people who are taking time off because they've been exposed to somebody would only con, depending on their countries policies, or that they themselves actually have them to call on. but i think on the 2nd side
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of ish, what was really interesting about cove in 1000 in general is that it did 2 things for people. i think 1st it made debt salience. so people really were faced with mortality burden every single day. and i think secondly, for many professionals in particular, it gave them insight as to what it would mean to spend more time at home. and if you couple dash, what was happening with the economy before cold is in money developed countries. so we've had no way to suck nation the price, the, you know, the price of housing is actually sort jobs have become more precarious. i think a lot of people actually relies when they went home, it looked down and cover that. they were basically running to stand still, so they were, you know, finding it difficult to pay their bills despite working very, very hard. and that's cause a lot people to re evaluation. and what we're seeing now are shifts in the labor market as people's preferences change. perhaps having more leisure time at home, and they're figuring out how to make that happen. is it though mostly people completely opting out of the labor market permanently?
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so i think there's a narrative in the media at the moment that there's some shift in the younger generations towards kind of what they called a low desire lifestyle, which basically means they need less money in order to survive. i'm in less, i believe less in that story because i haven't seen it in the data. yes. what we do see in the data is what i recall the great we shuffle. so road them, people having kind of great resignation. they're choosing different jobs to go into their choosing, perhaps to become self employed, as opposed to work for an employer. and they're choosing kind of overall to work less hours and have more abundance life stuff. and that's particularly true for professional workers who are in industries like technology and finance, where the competition for talent is rife. well, that's what i was going to ask you. what kind of sexism most affected is it mostly financing technology. so i think we see kind of to i would, i would kind of see what's happening into 2 different places. so 1st you have the pressure for professional workers where professional workers are demanding now more than ever and hybrid working. so would you mind saying a 4 day week, i'm the,
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you know, this is really kind of taking flight in places where there is this competition for talent. and what we've noticed in some of the companies to some of the companies is saying, actually you need to be in the office all the time. and those companies have been increasing wages in order to secure enough talent so that they actually meet their deliverables. whereas other companies are recognizing that hybrid working flexible working isn't a mean a see that people want that they can talk time with. and they've been using that as a mechanism to attract talent. i think on the other side of it, we also see pressure in services in retail, in the minimum wage jobs. so, you know, working in fast food restaurants, working in shops where there are no shortages of breast as waste. i'm people to help you out to tell, and there's been a demand on that side for higher wages, or people are actually choosing to opt at home. and we're seeing that as the bigger china, which is not surprising in countries where they have higher safety nets. and if we go back to this idea of having, you know, a slightly lower desired life,
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it means that people who are a minimum wage previously might be making the choice to stay at home as opposed to going to work unless they get that wage increase. does that mean the power, the balance of power is tilting to words the labor force? i think at the moment up the minimum wage jobs, the balance of power has tilted towards the ne, before is, i think it's only a transition because you have to remember that a lot of workers will be actually out sick because of covered. so we see shorts just because of bass. we're also seeing shortages because people are choosing to be less mobile for works kind of choosing to live perhaps in their hometown world than travel. the travel to work has has shrunk during the call in 1007, which isn't surprising. so i think for now we're in this transition phase. it's difficult to imagine a time when cove it is no longer an issue. but do you think what we're seeing is temporary, or is this a long term trend? i think for the am for, for workers of low wage. i think it's temporary. i think once you know the,
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the labor market has more adequate supply of breached as people. at the tip of waiters and waitresses, we will see some adjustments backwards. what would be my changed on is if big corporations become more socially responsible, instruct, pay a wage premium to their minimum wage workers, and that remains to be seen. there's, there isn't, there's no evidence that that's coming. yes, i think what's more interesting is the transition phase for professional workers and i, we will absolutely have a legacy of hybrid working. we would absolutely have a legacy of i don't believe it would be reduced our is, but ours that can be conducted more autonomy. so people might choose, for example, to work for days a week, do their 4050 hours and then have friday, saturday, sunday, off people will have more autonomy to work in the mornings in the evenings, particularly in jobs where you can complete tasks all your own and would autonomy this phenomena of people quitting their jobs in great numbers? we've seen that all round the well from china to europe, to, to america. but is it for the same reasons?
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i think ultimately, i think if we, if we were to ask people they would give different reasons. so people would talk about, you know, way just being to know people would talk about mental health. people will talk about burnout. i think it all the countries you mentioned, those 3 things have actually come up. i think what it was has in common with all the countries that you mention has been this economic pressure on the labor market where we've had a bigger divide between high income and no, no income jobs. even if you're in high income jobs, you do struggle in the beginning of your career to buy a house. you do struggle much more often to, to get to the top of the pole this much less positions. so in some ways, i think this is a reaction to an economic visit that's been happening for a long time, where we've seen a big gap kind of come between the very, very rich and everybody, us and society. and what the pandemic has highlighted is that people have choices. you can kind of step off the treadmill if you like, and choose something else. so what kind of impact have these mass resignation had on the wider economy?
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i mean, i think we see it already tricking true to inflation. so the minimum wage jobs that i mentioned in retail and take away, i think, you know, people who are listening to the show and recognize that now when they go to the supermarket, when they go to get their coffee, it is more expensive. so ultimately, these pay increases will always be felt by the consumer and people have seen disruption to their flights if they've been traveling, if they've been traveling abroad boat because of direct impacts of coven, 1000 pandemic. and also some people who work in the airline industry, choosing to look for a job that has, that has more balance lifestyles. and i think also what remains to be seen is what it means to the major cities around the world. so as a professional, workers come out of the hubs that have been carved for particular industries. it does mean a re shuffle of, you know, the services like half a's, cleaning for other people who might be, who might be driving them to move to where they're not living. and that hasn't yet happened. i think, you know, here in london, they sit a really great hope that everybody's going to go back into the city in london and start working once the pandemic i, i got
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a hold to compromise you. i think people will go back to the work, but it will work, but it will be part time. so we'll see some movement in the economy for those minimal way shops. ok, many thanks for your time on your analysis. gray slogan, director of the inclusion initiative from the london school of economics. thank you . thank you so much, having week ah, vessels waiting outside ports, labor shortages, the hall buzz and supply chain bottlenecks. well, trade house faced numerous challenges during the karone of ours health crisis. however, egypt suez canal recorded all unprecedented revenues last year, despite suffering a 6 day blockage by a giant cargo ship. the war to way has on more than $6300000000.00. that's the highest amount since it was built more than $100.00. 50 years ago. the suez canal authority says more than $20600.00 vessels flowed through its waterways last year. that's an increase of 10 percent compared to 2020. and the body is expected to
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increase transit told by 6 percent this year, excluding tours vessels on liquefied natural gas carriers keep in mind, egypt lost around $15000000.00 a day off to the ever given joint vessel. wedged across the canal for 6 days back in march officially opened in 1869. the suez canal is one of the wealth, busiest waterways on a bedrock of the global economy. more than 10 percent of global trade, including oil flows through it, the canal remains one of egypt, top foreign currency annas with an average 50 vessels passing through it every day . the 193 kilometer long and 24 meet a deep water way, connects the mediterranean and red seas and it is the shortest maritime route between asia, the middle east on europe. the journey between ports in the gulf and london for example,
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is roughly harvey by going through the series compared with the alternate route around the southern tip of africa. well, the united nation said marsan, trade was expected to increase by 4.3 percent last year. after the economies of many countries started to recover, the increase in demand lead to shortages of contain is congested ports and supply chain bottlenecks. freight rates sold with an average cost of shipping, a standard large container from asia to europe at more than $10000.00. now surround 4 times higher than it was in 2020. joining us now from london is amir. are not there professor of shipping economics and finance the bays business school and the member of the faculty at the co, disgruntled center for shipping, trade and finance. thank you for joining the program. why do you think the suez canal and seeing these unprecedented revenues? thank you. it's been interesting, you know,
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looking at the figures for suicide on all when i look at it in more detail, i could see that the increase was partly because of the increasing trade following, you know, post cobit because we had a drop in international trade and the year before in 2020 were 4 weeks. it's hard, but the bounce back from core, we was realized in 2021. so we had increase the international trade there because you know, some of the factories manufacturers in the rest, they were sort of working at reduced capacity and they had to import a lot of material from, from the 40s. the 2nd factor could be attributed to the recent increase in gas demands and trades of
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l. n. g liquified natural gas, which the traffic all natural gas gas years through. swiss going all has increased as well, especially in the 2nd half of 2021. so that also contributed to the increase in the revenue by this risk on all of these, the number of ships a transiting. they are higher in 2021, but they're bigger ships as well as be seen for examples like the one that they're stuck in the, in the canada. so these, these bigger ships, they have to pay higher. told us when you mentioned the ever given which blocked the suez canal, a huge ship and it was blocked. i believe, for 6 days. egypt has had a number of challenges including the pandemic to deal with. how is it managed to navigate through all this? that was a very interesting video because that was the 1st time she was going on. it was
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blocked for 7 years. and it caused a lot of problem for, for the international logistics supply chain. but fortunately, they managed to release the ship within 6 days. and some, some people were expecting, you know, more disruption, but that she was stuck in a part of the cannon and due to navigational air or whatever the problem was in a part of a con on that was easy, relatively narrow and difficult to maneuver for bigger ships, therefore, this was going to look what it is now embarking on a plan to, to, and basically widen part of the con, all as well as make any deeper for these bigger ships. because these, these ships are much more than the swiss max tankers that go to the canada about
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400 meters long. but they're a shallow involved. that's why, you know, they're more difficult to malware in such a narrow place. and accidents could happen. but you know, they're taking precautions and also plans to be able to mitigate such problems in the future. most of the world is now dealing with a 4th wave of corona virus, specifically the micron variance. do you think maritime trade will take another knock as a result of this? but that's a very good question. what, what, what, what is my view and my analysis from the data that i've seen these, that maritime and international trade has been very resilient, especially, you know, that the whole supply chain that the civil trade invited unions to, to the corporate situation. if we look at back, for example, the financial crisis of 2008, 9 where the g p g, d, p, dropped, maritime trade affected much more and then compared to what we saw during the
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quarter. so do you think we could maintain relative, be better off as low off commodities and trade by ships and bounce back? read them post koby, videos, ease, ease, be much better. now, the fort, waive in view of many expect he's been watch much more milder and the countries they try to not go to any more locked ons and try to avoid for example, any economy a slow down and that can have my time trade and shipping. so the more countries avoid locked downs and i still don't know like when on me then the 30 piece for right i'm if one on the other given blockage demonstrates of the vulnerability of international shipping routes. the fragility of supply chains has
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the industry adapted since then? this can be very a slow process to, to adapt some other measures to, to avoid. for example, any disruptions, such as blockage of risk are not high over a lot of industries. i go as well as sick doors, they're trying to find other ways, alternatives to be less dependence on. for example, adjusting time inventory management as well as purchase ingle as hi j. so they try to find alternative base. for example, they call it near shoring, or ensuring in order to bring some, some elements of their production. or perhaps, you know, hold a larger amount of inventory in order to avoid. for example, disruption, such as, you know, seek a blockade of upstream got on. but this will take time and it can be costly for
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manufacturers. now, the shipping industry needs to come to grips with climate change. like many other industries. do you think it's prepared to deal with the urgent need to de carbonized, find alternative fuels or which of course come out an extra cost? that's a very good an interesting point because this is ongoing and it has started, you know, while ago, perhaps as 2910 where international my time organization is going to rounds of debates and meetings in order to set the regulations for, for environment protection and climate change, and some of the bigger shipping companies now getting barked on plans to use alternative fuel like ammonia, l, n, g, or even, you know, prepared ships to, to, to have a scrubbers in order to use the card when their mission. but to go to 0
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carbon in international trade and unchecked, it would be very, very difficult. it will take time. so interesting to get your perspective, amir alan thought, a professor shipping economics and finance at bays business school. thank you for joining us. thank you very much. bye. the british era dog jailing brown is considered the champagne of t's, but as sparking tensions between indian and nepalese traders. he grows an india, one the government to impose taxes and quality control checks on imports from nepal to protect their businesses. nepalese farmers insist that product fills. busy a gap in the market. same bas ravi has more from alarm districts in eastern the poll. no soldiers, no guns, but at napoleon eastern border with india. tensions are simmering. open fields or a front line where for years the 2 countries have been locked in
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a quiet conflict. over one of the world's most precious and widely consumed commodities. for no pulse t plantations. this is a fight for survival. yeah, but it was, well, yeah, he is the goose that lays the golden egg. there's local production happening. we have local companies here worldwide. people drink tea and it's also good for health and we drink it and we call alarm district. the place to mine, for example, in alarms market himalayan t is as good as liquid gold, a major source of fuel for the country's economic engine. would growers from the neighboring indian state of westbank gulf are lobbying their government to post harris and bureaucratic roadblocks and take their landlocked neighbors. tea off the table where here it into paul's border with india now. and darjeeling is just 30 minutes down this road. past checkpoint, now the terrain, the soil,
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even the plants that the t comes from. it's all the same in this area of indian grover say that there's is the original darjeeling brand, it only their t should be allowed to carry them in the seeds of what some nepalese have taken to calling the kettle. wars were planted more than a century ago. when the british ruled, india smuggled out of china and planted indoor dealing in the 18. hundreds indian growers say their t is the genuine article and importing from the pole is destroying a legacy brand. but indian traders routinely mix nepalese t with and sell it as darjeeling to make up for supply shortfalls and meet massive market demands. even in fact, india is nepalese biggest customer, half of the t made here. and almost all of the premium. great stuff. most similar to darjeeling is bought by india for nipple is owners, india stirring up trouble,
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is just about protecting market share. i pill that very engaged, very big country with the new york. we have a small, you're going to me and we have a 1000000000 and a 1000000000 defeated with india 1000000000 and a 1000000000 and that we don't have anything to sell our product to india when the t is in a very small quantity. that is not going to the in any good, i mean, nothing but the big thing part. net bug because it gives the village people of the employment, the workers employment, and also the contribution in our judy. be it going to is a lot mountain side t plantations like this one are a real threat to the bigger traditional manufacturers in terms of quality. they've already been given competitors a run for their money on the open market. and when it comes to quantity every year, they are getting better at moving higher volumes of product,
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a thriving tourism industry in full blue that has grown around new pulse t plantations is now also at risk brewing tension steeped in history. at risk of boiling over or a storm in a teacup, it depends on who you ask. indian concerns have merit, but no police say their team should move just as freely between their shared borders as their people do. zane basra theology 0. the alarm district in eastern depaul, and that is our so for this week, bye, want to know what you think and what you want to see on the show twain. me or d. m. me at marlene side. and if you're tweeting, then please use the hash tag a j. c, c. c. if emails, maria, thank counter the cost app al jazeera dot net east address. but there's more for you on line to al jazeera dot com slash cdc. that will take you straight to our
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page, which is individual reports, links on anti episodes for you to catch up on concept for this edition of counting the coast. i'm marine site from the whole team. thanks for joining us. the news on our sarah is ah, when this tornado destroyed everything it touched in mayfield. when people need to be heard and the story town, he has done his job to tell us what's going on with exclusive interviews and in depth reports, i get on my right the wind. b. g 0 has teams on the ground to bring you more award winning documentaries and lives on air and online. ah,
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now which is 0 with every o d u s. says the washer is preparing sabotage operations in ukraine to create conditions for an invasion. moscow deny is the accusation. ah, hello, i'm adrian again. this is al jazeera, alive from doha, also coming up rushes federal security services of broken up with arrested members of a ransom where crime group at the request of the united states. well, number one tennis dall, novak joke of edge faces, a deportation.
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