tv Inside Story Al Jazeera January 28, 2022 10:30am-11:01am AST
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bitcoin volatile currency, which the i m f, doesn't approve of the country using will help solve the debt problems. brett presents an obvious gamble. meanwhile, l, so those 1st bitcoin experiment using the crypto currencies, legal tender along with the dollar, continues. government allies say it's doing great, but in 4 months, a big point over 4000000 people have become digitalized and the grant, the vast majority of them demand bank accounts, and that's over 2 thirds of the population. the question is, how many of those $4000000.00 people just use the government's bitcoin up once to get out the $30.00 worth of the crypto currency given away for free? who knows? no public stuts are available. what is known as the people who struggle to use the app and the big coin cash points from the star singleton my been trying to get him to my account for 2 weeks and i can't do it. it's active and registered and i've been calling support. but they haven't been able to search it for me. the governments came to remind me that it's early days yet with the moody plan,
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big coin, city, and bonds. it's certainly up the states and it's back to me crypto currency john holman. out in el salvador. ah, this is al jazeera, these are the top stories. the us president joe biden has warned his ukrainian counterpart that a russian invasion is a distinct possibility. he reiterated the u. s. is ready to respond decisively if that happens, but diplomatic efforts are ongoing. the keener faces military leaders as the nation will only return to what he called constitutional order when conditions are right. paul, on read amoeba, was making his 1st public address since mondays qu club really did breast. balder miller, it is clear that the main priority is safety. we must significantly reduce those areas under the influence of terrorists and the impact of violent terrorism by
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using the powers of the army and military to go after them. this is what is required before we can return to our administration. the u. s. defense secretary wants to pentagon to limit civilian casualties caused by american air strikes. lloyd austin says it's a moral imperative to protect civilians. there has been condemnation in recent months following an air strike in the afghan capital cobble last year. the killed 10 civilians. north korea has confirmed it, testified short range, ballistic missiles on thursday. pyongyang has carried out 6 launches this month in defiance of the un security council. the 1st batch of aid to come directly from china has arrived and toner. the $33.00 ton shipment includes food, drinking water, tents and radio equipment. and the australian prime minister has promised a further $700000000.00 to help the great barrier reef more news in 30 minutes up. next insight story with india. a conspiracy theory claims moodle men, a treating hindu women into marriage. and converting one aisd investigates with the
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mouth. one out here. in europe, the window russian guest leaders are worried that moscow will turn off the taps, if tensions with ukraine, worse than. but will the alternative be enough to fuel europe's energy needs? this isn't sensory. ah, i walk into the program, i'm wrong, con rushes, the biggest source of natural gas for your it's crucial eating up homes, especially during the winter, moscow's disrupted gas lives in the past for political purposes. for example, when russia annex crimea in 2014. so it's tensions on ukraine, worse than european leaders are worried about history being repeated. the united
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states is scrambling to help at european allies, secure alternatives. it's negotiating with oil and gas supplies. in north africa, the middle east and asia, the mayor of got that. the world's largest producer of liquefied natural gas rollin g is due to meet the u. s. president. on monday. washington concedes diverting global glass supplies will be a huge task. no question or logistical challenges, especially moving natural gas we. we know that that's part of our discussion with a lot of these companies and countries. but again, these conversations are ongoing and we don't intend to f l m. europe gets more than 40 percent of his natural gas and russia, but a 3rd of that passes through ukraine. moscow has already reduced the amount flowing into europe, causing shortages and pushing prices to record levels. now russia, as it threatened to cut supplies further, if sanctions are imposed and then not just on gas, but also on oil and metals. some countries depend on russia more than others.
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germany gets more than half of its gas supplies, russia and that dependency would increase if the german government gives its final approval to the north stream to pipeline. ah, let's bring our guests in moscow. pavel failed in our a defense, a military analyst in burn cornelia mer seo of mayor resource, and especially in oil and gas, and in berlin. o, rick brooklyn, a professor of political science at stanford university in berlin. welcome to the program. let's begin. inborn with a colina maya calling. this is not as easy as russia, switching off the gas pipeline. and america coming to rescue with lots of new natural gas is it's a lot more complicated that oh, it's much, much more complicated because you know, to use some gas pipelines, the pipeline guest from russia, that bates 5060 years back. and d, so old relationships and,
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and europe only gets that much m l n g guess which can, which comes partially from the u. s. m. so it's not quite, it's not quite that easy. and for russia, it's also different than it was last time around, which is 2014. when the cry me and ukraine crisis happened. because at that time, russia was totally dependent for 8 and a 2 revenues on europe. now about 30 plus percent of its all goes to china, 40 plus percent roshana. and in terms of gas also the chinese are off take is increasing. so we'll see it's still 72 percent it's, it's dwindling. so we're in a very, very different economic and geo political environment. oh, papa hogan, however,
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does that mean the russia has in some respect, some regards the upper hand. it can actually threaten to cut supplies but not completely because it does need money. but that does have an impact on europe. well, the russian official position is that russia will not threaten or cut supplies. but if there's going to be a further escalation, may be been there was some fighting on the border there with more or less effectively, actually technically cut the gas if and suppliers we through ukraine and the so that's a situation where russian of gas surprised the europe could be drastically cut and maybe could be cut altogether, and that would be bad for everyone. because russia, yes, it has right now. so it means applying some natural gas to ukraine through china, or we're building up the capability to exports liquefied gas in the north. but
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still the main russian suburban of a rain russian client is europe. and of course, russia itself. russia grants a surprise, a lot of gas to its own people and some industries, but europe is of course, very important. you can't really divert right now. technically, the gas that goes to europe, again diverted to china that just simply or some other kind of market debt that won't work. so this is going to be, if there is going to be a cost that believe it, but all of try to make it very short. because it's going to be disastrous for all sides. alert over a broker in berlin. this is not just the case of kind of geo politics being played out, but it's also geo business as well. these pipelines aren't just run by countries. they run by corporations. a lot of those corporations are going to lose billions of dollars. if this goes on for any length of time, did they have a site in what russia might be able to do? well, i wouldn't say too much of the influence of corporations,
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but it is very clear that it's not only about your politics. it's also about business, the united states became in december, the large was produced producer of liquefied gas. and they are fracking industry all over the country urgently needs to explore and markets. so it was very hard for everyone in the united states to understand why an ally like germany signs a deal with russia to enhance the dependency. when the united states provide security and germany bias, even war gas from russia at times when we declared that because of climate change, we will reduce the energy hunger that stems from fossil fuels. if that's a very interesting point to i miss my let said take up with you. there is a like when we're talking about not just business,
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but we talk about politics as well. however, we have an interesting point that the americans provide security to germany, yet germany is buying gas from russia. is wise that well, you know, and the days of a historic relationship between russia and germany and, and the german de raso, german business goes well beyond gas. but yeah, you're germany needs gas to heat. it's houses. and when you look at what happened over the last few months in terms of escalating gas prices and inflation coming from it, it was, was quite em something you know, a 400 percent more, 500 percent more. so dad was quite quite a bit. so in that sense, some if you r e, it did that, this is important and yes, we all want to do. we will want to be less dependent on fossil fuels. but that
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energy transition is not going to happen over night and let us not forget that gas is the cleanest fossil fuel. so it's a good transitional fuel. so in that sense, it's important that billions of dollars have been invested in to the north stream to pipeline a portable. this is not just about then the, the west worrying about energy supplies. russia relies on this foreign currency, the money it makes from orland gas pipelines like so. russia, this is going to home russia as well or, or is it any kind of a break up buffer relationship with europe or harm russia immensely. europe is russia's biggest. i mean, european union is russia's biggest trading partner ago in terms of nations though. china right now, it's number one. but as a block, europe, europe is more important. and there's a lot of old, a real,
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a business relationship, especially between mosque or russia and germany. there's a lot of connections on different levels. i mean, russian president, redeemer portion is very fluent and german and addressed the bundle stark, once speaking german. so the, the russia was always looking to, for a special relationship with germany and germ drive, very much wants to make germany a kind of hub for russia and gas supplies to all of western europe, and possibly bypassing ukraine. and that would be our kind of break up of that through a while and break up of those relationship would be very costly in terms of poetical and in terms of money to or this isn't the 1st time we've seen energy being used as a diplomatic political weapon this happened in the seventy's when opec decided it wasn't going to supply the west with oil over a variety of different things,
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including actually how much money they were getting for, for their oil. so at the, had there been lessons learned from previous situations like this, or is it a once again, it's going in blindly. this is actually something that history seems to repeat itself because the situation in the 1970 is when opec entered the scene as a cartel. that drastically increased the, not only the energy costs, but the political costs of amen she for and had she hungry industrialized countries like germany, we had a social democratic government and the social democratic government used the trade relations with. ready russia as a trust building instrument to widen the scope of dialogue with soviet union counterparts to paved the way forward then happened as the end of the cold war
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and the re unification of germany and the u. reunification of the divided continent . bower again, we have a social democratic government and a lot of the older person. now, this flirting with the idea that we could do something similar, try to understand russians vested interests, and try to build a bridge and be less confrontational. this is also strongly supported by governors in the eastern part of germany will also believe that russia has a point in its line of argumentation. but germany is isolated in that perspective. and every one else believes that it would be far better if the west speaks with one voice and sense of strict sickness to russia, that it should never have our cross right. lions. and again violate international law. so in this mish mash and she is not just a question of will our homes be warm but also will germany pay a price? i dropped the not street to coney meyer. i see you kind of disagreeing that with
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a guest in berlin. how to say why, why, why you disagreeing? well, i'm agreeing and i'm disagreeing. i think yes, germany and the german government are very and especially in the eastern part of germany, they're very close to that. they did. they do want to see that that, that, and the to relationship with russia going on where i disagree slightly. is that the previous government with mrs. marco, it was very clear that that no, and no extreme to was non negotiable, and it would go ahead and i was thinking of the billions of dollars that have been invested. you can understand why that is a case. whereas now yes, all of sholtes. he's a social there muskrat, and he wants to see no strain to come on stream. but he is in bed or in coalition with the greens who are very looked a differently at a fossil fuels of which gas this one and b,
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especially the foreign minister landing. and that lena bear book is very skeptical of russia and human rights policy. and so on, and it's made no call about it. so yes, wilson, i think all of shall still wants to see no it streams to going ahead. it's not quite as clear cut as that as i think it was before. the new government puzzles hogan. how the amir of cattle, one of the biggest supplies of ellen, g. liquid not for i can never say rush. ellen, delicious color just has been will be meeting with button. very sure is of concern to the russians. well, this is an opportunity, of course, for the american gas industry to increase its share of the european market. actually they have new, it's board of facilities coming on the line soon and they can increase their
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exports of gas and natural gas. and shalay gas and european market is reliable market. so yes, the for them that's an opportunity. and also there's a political agenda there to put the europeans into i and, and kind of lead them in the quest to against russia. and that's kind of what that, how it works during the cold war often. and now apparently it's the old card table, the old cards, but with a new meaning. i mean, once actually in, during the $67.00 warren, in the middle east, america was which was then an oil exporter. how you were about when there was an arab or by court of europe, an oil exports that time. it didn't work, of course in 73, it was already very different. and then it didn't work very well by the for opec.
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but american now is taking on that position and that's for them very advantageous. what do you think already brought that america is taking on effectively energy diplomacy, energy policies that are going to help it with europe? i mean, is it that simple? i kind of think it isn't. well, i was really surprised a few years ago when the congress sanctioned companies that are located in ally countries in nato countries. because this was unheard of that a country flexes muscles with such an obvious economic interest of. oh, we have to ipsum, depend on each other, and we are on the same boat when it comes to the security alliance. but coming back to the previous question, maybe i didn't make myself clear. what i wanted to say is, this is the picture of interest in the new government. if you ask my personal opinion for level of escalation makes not stream to debt,
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it's not happening in the european pressure. the pressure from neighboring countries, the pressure from the united states, makes it very, very unlikely that germany can go on with conditions that have trusted. you changed wells, pulled that to both of august has begin with the colon your maya notes for him to his dead course. wrong statement, i don't think it's that yet. i don't think it's that yet, because in the end we're dealing with them or chris's and if gas prices are going to high and people me, it's heat versus food and people will. we'll, we'll, we'll, well go am and it's billions and billions of dollars and it's not gas from billions . it's also r w e. billions that, that went in there. and just quickly coming back to l. n. t. late with like natural gas. yes, there is us, not l m t that can come in to europe, but we don't have that many re gas, if he can cation tramos yet. that can take out all d, m, all the,
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all the pipeline gas coming from the east. that's, that's the 1st thing and let us not forget, in terms of cut that most of the gap that a gas goes towards east and china has become very big china. this is becoming the largest importer of l. n. t after japan and korea. so we have, we'll, we'll competition here for the if or the l m g molecules of pablo. same question to you know, streams, who pipeline from russia into germany, august in berlin says is effectively dead. what do you think one long must? of course that would be very bad news for authors g. oh and may be smart. that did actually mean technically it's built, it's there. or if the president acute crisis, so were you gray in between rush and the west, russia make and get some kind of more or less permanent resolution may be more
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stream, could be part of that resolution. say kind of bonus for russia, taking him to acting more in a more kind of consent show matters. another place that could be part of a quid pro quo between a rush and the west, or at least maybe germany with one to make it part of a quid pro quo. so that's not most likely yet dead, but it's in serious problems that of back. oh right brooklyn you've had well to guess have had to say anything there that might change your mind. well, if this is a bargain shaped, one can discuss it because it is very difficult to see what other outcome could be presented as a positive result. that moscow can present as a victory in this confrontational situation. if this discussion would have been a year ago, i would have totally agreed that we talk about energy. and we are dependent on the
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imports, given that germany is fading out from nuclear and coal at the same time. and we cannot increase renewables as quickly as necessary to feed the energy hunger in an industrial country like germany. but now that we faced a $100000.00 russian troops and circling ukraine, germany is not willing to deliver our arms to ukraine. and every one else is looking at the largest country in europe. that is, doesn't live up to the expectations of nato. and what's ukraine expects from germany? and if we then continue as business as you. so with opening not spring that we become completely unreliable at this, this is the bargain ship. and actually what the kremlin is most be interested in that they don't wanna dumpster billions that have been invested in not speak to. it might be a happy ending for everyone involved. well,
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let's talk about the other bargaining chip, which is kat article in your maya. as i understand it, qatar has a number of deals with eastern countries. picky china? as you mentioned, a lot of those deals are on 25 year terms. so how do i, how does that change when it comes to spare capacity? does cattle have the ability to actually give some gas to europe or is it all tied up in long term deals? is there, is there capacity for cattle to get involved at the bequest of the, the americans there is capacity for cut out to get it to get involved at the bequest us or some of us of america. but there are limitations to that. and then let's not forget days, australia, there are other 4 uses of l n g who can, who can trip in as well. but again, it becomes a matter of price. and yes, we have the geopolitical dimension. but we also ask them all, chris's, we have governments who need to get re elected. and if, if costs
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a voice heating people's houses and went the spiral out of control at that becomes quite tough. so i'm optimistic that that one can find some sort of accommodation and that right. so it's very clear that this is part of, of, of bare of their bargaining strategy to find some accommodation on north stream to . and let us not forget, you know, we all feel sorry for the ukraine, but you no doubt if it's not been that clear cut, clear sailing between the ukraine and russia and between the ukraine and europe. and it's, it's, it's it gas and paying and get energy bills and so on has been and has been a, has been an issue so, so it's, it's, it's, it's just very, very complex indeed. oppo hogan how it like, where does russia back down here? is it when they get reassurance, is that ukraine won't join nato, which is
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a key demand. is it when they withdrawal, their troops are according to the best of the americans? or is it simply when there's a gas and oil diplomacy, political solution presented to them? what's, what's the whale for russia? melissa? very complex situation and they are comp works actually opinions in moscow can. it's not that we're all kind of marching here in a one a file, or they are different opinions inside the crime one and a grubman administration of how to deal with this situation. i, president putin, of course, is the ultimate decision maker, but he is more of a moderator between this for the pit is serious groups of opinions. i hope that there will be, of course, there will be lots of military maneuvers. they're happening right now. hi. can state the military readiness and all that stuff which could result in military escrow asia or a bit won't. and the maneuvers low and the situation will kind of calm down with,
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with in march, april, there will be time to begins. do something on the front of negotiations or some of this very carpet. it's not of been the one kind of issue good changes all the rest. it's a very complex situation. sorry, well, we are running out of time. not even a, i'm sorry we are running out of time to do and i come to our guest in berlin. i mean to clearly germany's a big part of all of this. where are they hoping this situation lands, are they hoping for the ill be over quickly will, can they, are they in this with the local? well, it's not so much a question of timing, the demand from russia to guarantee that nato and the european union won't expand any further questions. the core principle of what western organizations stand for.
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this is the self determination off nations that can decide whether they join an organization or not. so we cannot decide what other countries, whether they send an application to join an organization or not. politically or practically, ukraine is far from joining ever. the european union on a door is close without saying everybody knows it. so i do not really see what russia gets out of this. and if it starts with a made a statement that it is afraid of nato is attacking the russian soil. and in the end, everything, all it gets out is the opening of north street. it sounds a bit absurd to me. i want to thank all our guests. pablo fell going out coline and wrote and thank you for watching. you can see the program again any time by this thing, a website out there, a dot com for the discussion. go to our facebook page. that's facebook dot com,
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forward slash ha inside story. and you can also join the conversation on twitter handle is a james type story for me. i'm wrong card for the whole thing. i can know, ah dictatorships to democracies, activists to corporations, control of the message is crucial. oil companies have become very good at recognizing ways to phrase what they want you to hear. we care about the environment you do to, you should buy our oil cleared for 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, with
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t and disrupt the trend of association. when we meet with global use maintenance. i talked about the stormy stuff. imagine how jesse ah, the u. s. warns of an imminent threats of a russian invasion of ukraine with more fighting words. if russia to chrome, one way or another nord stream to will not follow. ah, hello again, i'm pete adobe. you're watching l to 0. life from doe are also coming up. days after overthrowing the president, the quino facet, the military leader promises a return.
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