tv Counting the Cost Al Jazeera March 26, 2022 1:30am-2:01am AST
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by more than many countries in europe, the great barrier reef was added to the world heritage list in 1981. now decades later side to say drastic changes needed for it to through for my catalogue to so beyond now to 0. so the more everything right here, al jazeera dot com, is why i need to go ah, quite look at the main stories now under russia's defense ministry says the 1st phase of what it calls its special operation in ukraine is complete. russia says it will now focus on taking control of this app, which is controlled areas of the dumbass region. it also said that it had lost more than $1300.00 soldiers. meanwhile, russian shelling struck the international airport in ukraine, 2nd biggest city of har. keith pitchers from airport surveillance cameras show the moment it was bombed. 4 people were also killed in a strike on
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a medical facility in the city. and other developments u. s. president joe biden has paid tribute to poland for housing more than $2100000.00 ukrainian refugees. the american need visited us troops in these countries. east had of a meeting with the polish president andre duda on saturday. in all the news were following this, our humans who the rebels say they of it's several targets inside saudi arabia. a thick plume of black smoke was seen rising above the city of judah, where saudis de oil giant aramco has several facilities. saudi authorities, confirmed gender, and other areas have been hit, who the spokesman confirmed, they were behind the attacks because of the unfair seizure that we are living in for 8 years. the year, many armed forces with the help of a law, whole mighty, had launched its operation with the group or winged and the
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ballistic missiles. and also drones are, we have targeted our romco positions and situations engender and saudi arabia and other locations in re yard with a group of miss sales. also will finery of russell to nora and other refinery. i've been targeted through our drones or the last is imposed new sanctions or north career after pyongyang launched its largest ever intercontinental ballistic missile him john and says he's preparing for a long confrontation with us and expanding his country's nuclear war to tarrant. it's the 1st intercontinental ballistic missile. they have tested since 2017. well, those are the headlines this out. are we more news coming up from doha later on after counting the cost, which is next talk to al jazeera. we also do you believe that the threats of an invasion of ukraine is currently the
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biggest threat international peace and security? we listen, we are focusing so much on the humanitarian crisis that we forget the long term development. we meet with global news makers and talk about the stories that matter on al jazeera. i admit, clark, this is count you the cost on al jazeera, you'll, when you look at the world of business and economics this week, spending more money to buy guns. many european nations tend to american made weapons of the russians invasion of ukraine. so what's behind the increase in defense spending and who's reaping the profit? also this week the ukraine crisis is disrupting global trade and it's coming for
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the car industry. cave halted half of the world's neil and output needed vehicle microchips, our car makers going to cope sub saharan africa as well to least connected region bumped google's underwater cable ames to improve internet access to the region. and the project really help millions of africans connect to the rest of the world. ah, or a piece has existed for decades across much of europe since well, ball to, but russia's invasion of ukraine has alerted the continent that it is not guaranteed. i have been calls for an e, u army, and many european countries. and now reassessing their defense policies. several governments have already increased their monetary budgets. some of them significantly, germany alone is announced. it will allocate more than a $110000000000.00 us dollars to military funding and that mom to major policy shift. now the nation is approach the u. s. the by f 35 fighter jets capable of carrying nuclear weapons. poland also wants to purchase sophisticated reaper drone
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systems from the u. s. and many other european governments are turning to washington to buy drones, missiles and other weapons. russia's invasion of ukraine is believed to have increased demand for us arms. the stock home international peace research institute says, even before russia went to war with ukraine, european arms imports were increasing at the continent accounted for 13 percent of global arms transfers between 20172021. and that is up 10 percent in the previous 5 year period. the u. k, norway and the netherlands, where the largest european buyers bought it is asia and oceana who remained the world's biggest importers. receiving of 43 percent of global transfers since 2017 india tops a wealth list while australia, china, and south korea, pakistan and japan were also among the top 10 bars of arms. the united states leads the sale of arms in its export. shares rose to 39 percent over the last 5 years.
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russia and china have decreased to 19 percent and 4.6 percent respectively. but beyond the top exporters, there are also many other potential beneficiaries in the ukraine wall. turkey has supplied keith with weapons including bay raptor, t b 2 high tech drones which have bolstered ukraine's defenses. al da 0 defense analysts. alice could topless reports now from the annual maritime defense expo indo turkeys defense exports around the world have increased dramatically in the last few years. and the standard bearer for these locally made weapon systems is the barrack t r t b to combat drone. now it's not the fastest strong in the world, and it's not the most heavily armed. but what he does do is it gives miller trees a cost effective means of being able to spot your enemy, being able to destroy them if need be. and also filming those successes in glorious
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h d video. we've seen these videos in as a by john northern syria, libya and now over the skies of ukraine. now for turkey, this is just the beginning. they're building equipment like multi roll helicopter scene here. helicopter landing ships and turning their sites to 5th generation aircraft. this is only the beginning they say, for turkey's defense exports. alex could topless accounting the cost, and the defense industry is quietly making billions of dollars of profit from the war. the potential for surgeon sales of all types of weaponry has lifted lockheed stock 8.3 percent and raytheon shares 3.9 percent be a system. the largest contractor in the u. k. in europe is up 26 percent of the world's top 5 firms by revenue li, boeing has seen a drop. well to discuss solar that's i'm joined from still come by ph visa mon, who's a senior research or the stock home international piece research institute. mr.
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batesman, welcome to the program. so 1st of all, do you think this harold a global rushed to by arms as nations defense budgets? or is it just driven principally by european concerns about the russian invasion? the russian innovation a new ukraine definitely is going to push european states to acquire more exactly how many we have to see something which we can expect, which really so in the previous 5 years that there is an increase, for example, in arms imports by european states but also the rest of the world. there are plenty of other regions where the tension, sy, hi and where countries have and also will continue to invest in, you know, the mit is an obvious read region, right? if that happened. but we can also, for example, point at the major attention that exists between japan, south korea, taiwan us. on the one hand, on the other hand, china and also it goes, will drive,
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continuing large seals and in spite oh states. and in fact, as you say, the purchases in europe were on the petty way ahead of this conflict in ukraine following russia's annexation of crimea. correct. that was a very important reason for your states to revisit their defense policies and to look at their military capabilities. and that came at the same time as europe was climbing out. if you can. i'm a crisis related to, to the 2008 financial crisis and all that together already led to significant increase in the import several european states and significant large orders that have been placed by a number of other european states in the past 5 years. you mention on going conflicts and tensions around the world to what degree does the invasion of ukraine effects the demand for arm sales around the world?
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not, not just within europe. i think it affects the demand for alms in several ways in the 1st place. in europe and us will look at. ready the same time is also aware of what's happening elsewhere in the world, and that will continue to contribute to that demand for europe or elsewhere. we can also question, for example, how will china react to this? will china consider this an opportunity to step up to pressure? how will states in asia react to back again and move a role? so seed is as yet an additional reason to all so both of their military k k. so these things hang closely together at the same time and then also major questions about the role that russia can play as maybe the attorney supplier from now on. as states may feel that they don't want to cite with russia. they may feel pressured by, especially the us to take it from russia,
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including from russia has an opposite plot flyer. and finally. ready also how states will deal with difficulties of paying russia right now, including 4 opposite. they may buy. alright. and outside of the conflict in the ukraine. how concerned should we be about this arms build up? i think the bill that's not necessarily always leading to war, but harring, she pre and i think many to get away with with you that they provide an insight in the kind of trends that are being perceived and the strength of this being all. ready military capacity as a tool to do with those security threats. and that in itself is a concern. and of course, it is also a concern that the increase in arms influenced by long side, often leads to an increase in input by your posting side leading to reactive m x. and even potentially 2 arms raises,
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which will not contribute to peaceful solution. and the tension that we see, indeed we've been seeing how european countries have been buying from the united states. but what about the defense industries on the continent itself? how does it affect them? the demand for arms in europe that we already have seen and we expect to increase is, is found by oysters, kind of catered for by industries in both of us. and in europe. the us had certain technology to offer with europe cannot really match. exactly. and secondly, also european states feel that they need to maintain that strong security relations with the us and buying is one aspect of that same time. there are other items which the us cannot supply, for example, at bombs chips. thus something which european states are much better, right?
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i guess it is. in fact tom's manufacturers who are the only ones who relish a situation like this, the profits just sore at a time like that. yeah, i'm afraid of that. it is true that the industry will benefit from the ukraine. that has to be expected, just like the pharmaceutical industry had benefited from man the panoramic over the past 2 years. can you put a figure on the world's trade turnover? if you look at the turn over the industry as a whole. ready look at the 100 largest producing companies in the world, what they sell to their own countries and what they export together. it's something in the order of magnitude, $550.00 to $600000000000.00 in the most recent year. if you look at us trade trade between countries, land that makes a song thing like about $120000000000.00 per year. that sounds like a lot. it is
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a lot of calls. but if you compare it with the total manufacturing and the total revenue complete industry in. ready it's only a fraction of that, it's maybe one percent, all point 5 or exports in the world. right? still an extraordinary amount of money has to say that kind of cash go a low way for peaceful purposes, but such as a well we live in nap yetter is a man. appreciate your analysis. thank you very much. thank you. ah, while arms produces military and security industries are expanding, profits, car manufacturers are being hit hard by the war you crate. as it was, few people were buying cars because of the pandemic. but after rushes invasion of its neighbor vehicles could become even more expensive and difficult to source. ukraine is a major hub for many components used in semiconductor manufacturing and car dealers . se sales will be affected by shortages. he cranes, 2 leading supplies of neon,
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which produce about half of the wealth supply of the key ingredient for making chips have halted their operations. as moscow has intensified his attack on the country, the global supply chains already face a chip crunch because of the current of ours pandemic. and that impacts almost everything we buy from electronics to cause. the country is also a key source of nickel or which is used to make batteries for electric vehicles. and russia is one of the largest produces of rarer metals, especially palladium, which is also an essential metal for semiconductors. it's estimated vehicle production could be down as much as 15 percent in europe in the 1st half of this year. b, m w has said that production at its factories will return to normal after shut downs, cause by parts shortages are the car makers were forced to slow production, including audi, mercedes, benz and porsche i let's take the zone joint is now from london. his andy leyland. he's the managing director at supply chain insights, and he, leyland,
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welcome to the show at the supply chain was already in deep trouble. then the invasion of ukraine happened. it's made a lot worse. it hasn't age and you know, what a lot of people don't realize is just how in to that to the supply chains, particularly, or my market is and you know, disruptions that we're seeing in both russia and ukraine and to a lesser extent, transport networks which go through those countries, there's really seen the all to vice to industry taking a not ahead to supply chains and for any recovering any, just recovering from from the pandemic. so when we talk about the supply chain being trouble, is that what it is it's, it's the, the logistical issue of getting products from a to b, and you just can't do it through amazon. exactly, and always the production stops in that was i said, we've seen shortages in things like their components, electrical harnesses coming from ukraine. and then also we see the impact of
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sanctions by phone, russia. and actually some of the sanctions that russia, based on the west, in restricting it's, i suppose, so particular raw materials. so you know, you are seeing impacts their own markets where you have a restriction in a relatively small amount of supply. but because of the way that these commodities of christ that has a huge impact home crisis and costs of production, ukraine is holding the production of neon at which is a critical component. how is that going to impact consumers and manufacturers? yes, so neil mark is actually a really good example of the interconnectedness of international supply chains is primarily used in the manufacturer, semiconductors, which as you may be aware already in short supply, particularly in the automotive industry. so ready for sort of compounds those problems. there's also a lot of meal supply that actually comes from russia as well, which presumably is going to be impacted. and what that means is all of these
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particular semiconductors, which are integral to production, little computers that you have it, it more close if it falls are not going to be there. and you know, if you think of a vehicle is, you know, potentially 15000 different components. if you don't have one of them there, the other 15000 are not particularly useful. right. so how industries and businesses and car manufacturers going to cope? well, it's really a sort of short, medium term problem. typically when you are setting up a supply chain, you will have more than one provider. so you go to your providers to try and make it short for that obviously has an impact in terms of can they increase their production or in this case, probably not because they were already being asked to. so you either have to reduce your, your output, at least in the short term. and also you probably have to increase prices. and if
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we have already seen production cost increase as being cost on to the consumer for vehicles. and in particular for electric vehicles i've noticed is even had an effect on hiring causes the cost of rental cars is rocketed. yeah, that's an industry that's really been decimated over the course of the pandemic with a lot less business travel, a lot more stories. and what is seeing is that that industry is actually had to reduce that sort of economy of scale. so effectively get a rental car price is likely to significantly higher the quite a bit longer. and so for both the tories and market recovers and so been national business travel as well. and then, you know, put in the day that they're using more expensive and then obviously they need to charge that higher cost the hospital consumer with the need to reduce emissions as being a big push towards electric vehicles. what's going to be the impact on that? for electric vehicles, have, you know,
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much new or less robust supply chains. so when we look at some of the materials that go into your mind, batteries, in particular, nickel, these same really big increases in price because of the supply chain disruption coming chrome. and indeed that what you actually saw, the nipple, but it was a short squeeze happening over the past couple of weeks, crisis withdrew in very short order that they are now settling back down. and his prices stay at that level. you know that, you know, almost a $1000.00 to the cost of a reasonable size electric vehicle. and eventually that would need to be possible to the consumer. and particularly for electric vehicles, what they're trying to do is come down, stick the price for those. so that they are more mass market available, those price increases really have them because, you know, lena electric baseboard was a substitute. and if it is substantially more expensive, people buying diesel and gasoline power briefly and they can be car industry.
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so this up, are we looking at job losses? certainly the, the car industry will save it up because demand is still there. and you may have sort of short sale production outages, certain while us but you know, the, the industry is quite resilient. they do this and ultimately any, any sort of job losses are likely to be in the, the short term or to, to just sort of short term supply constraints. or i'd appreciate that. and elaine in there, thank you. countries are moving ahead with the latest generation of 5 g mobile networks, but on the african continents, many people hardly have access to the internet at all. in sub saharan africa alone, nearly a quarter, the population all acts at mobile broadband coverage compared to 7 percent globally . but that is about to change a new underwater internet cable as wound its way from portugal to toga. will land
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in nigeria, namibia, and south africa later this year, linking africa to europe, the equity. i know subsea internet cable is part of google's $1000000000.00 program to build digital capacity on the continent. and it's expected to deliver 20 times more internet capacity to the region. and reduce price is by around 14 percent. and that is particularly important for togo, which is among the highest mobile data costs on the continent at around $9.00 a gigabyte. project is the company's 3rd private, international underwater cable, and it's the 1st in africa google along with matter. microsoft and amazon now dominate the world's cable infrastructure matter announced plans to build at least 2 trans atlantic under c cables by 2027 last month. under see cables do have a serious downside cables can tear and break leaving entire regions without connectivity for days. well, johnny has from singapore now, isn't it? in a judge area, the managing director of sub saharan africa at google. net and welcome to the show
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. so this cable is really going to be a game changer for internet access across africa, not literally. so thank you for having me. we've just launched ariana, which is what we're going. i thought the cable that extends from europe all the way long west africa down to south africa. we've just had our 1st landing last week in may in this cable is remarkable. and i'm really excited about what the speeds of the continent because it brings in 20 times more capacity than the last cable business of the region. and the novelty picks up. it's going to be plenty whether you look at g, d, p growth and job creation. but look at the growth of economies, whether you look at the knock on effect on cost of data and internet speeds and internet reliability across the continent. some really exciting things. right. and you say 1st landing in tow, go and take it as
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a hub. i presume that means it could really read the dividends. absolutely not just to go, but we're going to have for the landings as we get the area and then down to the media as well to south africa and also seeing. so we are, we do have landings land across each of these countries and google has been 1st one and absolutely interacting with the government of google over the course. last week . i'm really excited about the digital agenda. we have a to the grid and to plan for this is going to 2025 and government initiatives across different parts of government are already adopting the digital agenda. very, very aggressive in progressive the so i really excited about having the cable is one thing, but the infrastructure that needs to follow is another, isn't it? absolutely. so the way i see this is, this is the starting point. you need the key will you need this kind of capacity to
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come into a particular country region to the cause of it. what needs to happen here is the entire ecosystem of, or never cleared. whether that's, i don't cause any other introspectively as this entire tech needs to work together . now bringing disconnected the deeper into various countries into landmark countries and, and so on. so a lot of work to be done. but this is an important, essential plus. it's a competitive market important, this, no doubt, for google to get a good foothold in africa. what's the bottom line that at google will profit enormously to, i guess? well, the way the way we think about this is our core mission is to organize the world's information to make the accessible or useful. and if you think about the context of africa, there's still about 800000000 people starting to get them 800000000 people that
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have never experienced the internet. so we're looking forward to the next several years when these, these 800 people are going to come online and you want to create capacity for these people come online and have a great experience on the internet. what commands to be seen is how easy it, how many people use the internet, what they're going to do with the internet. what kind of problems. ready this or what kind of valuable they create, new home access. so i'm really, really bumped about what that looks like. one thing these kind of cables do have a habit of breaking down. they are, you going to nations economies rely on a, on a bundle of was lie on the sea, but yeah, we, again, google has been involved in a ton of cable work all across the world and are integrated with adaptive reliability, ensuring ensuring that models built into into a different cable that you just leave with. we know is, is again, a state of the cable with, with incredible backup systems built into functions. so i'm not,
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i'm not concerned about reliability at this point. why did you choose toto as the 1st landing point? because the initial plan suggested it would 1st branch out in lagos, nigeria, well geographically when you sort of go from europe to, to africa. now the sort of li, live geography. but we're just sort of cost for nigeria. that's one thing. but in discussions with the government, what became africa is like, i mean, like i mentioned earlier, a very clear invention for dr. digitalization digital agenda to get to 2025 which runs across the government. last year we've seen the launch of the data center in this year. we seen the landing, i think we are now and in speaking to various government officials in. ready ready i'm really excited about what the plan so. ready would be the 1st step, but like i mentioned,
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we are looking at the landing this year in the coming weeks followed by the media and south africa and the exciting times. nathan deadra appreciate that. thank you. thank you very much. and that is all show for this week. if you like to comment on anything, you said you can tweak me yet, nick, clock out jobs, please use the hash tag a j t t c or just send email time to the cost at alpha 0 dot net is our address, but it is more viewed online dot 0 dot com slash cdc. that will take you straight to our page, which has individual reports linked in up to you to the and that's it for this edition. kind of the culture. i'm the whole team. thanks for joining us. the news on al jazeera coming out i harmful passages are increasingly affecting our lives with terrible consequences. a new documentary asks why that we've learned any lessons from the
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h. i. v. epidemic in the fight against coven 19. how we ignored the global serve to put prophets before people and what caused time of panics coming soon on or just some journeys i suffer than others. but this road trip is even tougher for a car to truck. it's dangerous with how to deal a world follows them. iraq and truck drivers. indeed, during their life, just to me can living with crowd they might break your miracle or even kill me because of food is long food. from i give you to death penalty 0. as the warn you crying, brian's on al jazeera correspondence bring you every angle. there is a few military prices erupt in on multiple fronts. if not only managed to escape
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the water, but also the fashion is applied on the russian occupation to wire street. totally destroyed. keep central station has become evacuation said translation with rush and forth coming. closer, pensions are going up by the hour. stay with al jazeera, for the latest developments. ah, eyes on dawn, bass rushes military says it will now focus on the eastern part of ukraine. after declaring the 1st phase of its operation over russia's accused of using cluster munitions in attacks in hot cave, including a school. one of the impact was here right in the middle of the children's playground. and you can see the damage that's been done across this children's play area. ah.
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