shanghai is china's main financial center and heavy restrictions are likely to impact the country's economic growth. the city is harmed 25000000 people and is also where the headquarters of many chinese companies are located. chinese stalks have fallen at the news. the city shipping port remains open, but some factories including tesla. the electric car manufacturer have temporarily suspended operations. the biggest impact is on the consumer confidence are the income growth has already a collapse since the stars of 2022. and now are the unemployment in the city services actor and a re dos actor is quite a wide spread on the market. confidence is quite low authority. se food delivery supplies are adequate and medical facilities will remain open for doors needing urgent care. but some have complained about the poor management of lockdown restrictions on wednesday,

a shanghai nurse died from an asthma attack after the emergency department of her hospital was closed for disinfection. katrina, you out a 0. they ging. ah, and let's take you through some of those have lines here now g 0. now, the un secretary general has called an immediate cease far in ukraine, and tony botero said it will help both russia and ukraine find a political solution to the conflict. the solution to this humanitarian thrasher, thee is not humanitarian. it is political. i am therefore appealing for an immediate humanitarian ceasefire to allow for progress seems serious political negotiations aiming at reaching a peace agreement. based on the principles of united nations charter. a secession of all still, it will allow essentially many that in

a to be delivered and enable civilians to move on safely. president volume in the landscape says he's prepared to discuss neutral status for ukraine as part of a peace deal with moscow. russian and ukrainian delegations due to meet in turkey on tuesday. russia's foreign minister says the meeting of lead is can only happen if there's clarity on all important issues. so gay lab rovers also announced retaliatory visa band, somebody calls unfriendly countries. israel's foreign minister said, improving ties with arab nations will help counter threats from iran in the region . he was speaking alongside the foreign ministers, a for our countries and the u. s. at the summit, in the gavin solving israel, those headlines. the news continues here now jazeera after counting the cost to stay with us. ah

i, on the cloth, this is counting the cost on al jazeera. you'll, when you look at the wealth of business and economics this week, spending more money to buy guns. many european nations tend to american made weapons of, to 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 the car industry

. cave halted half of the welds neil and output needed to vehicle microchips how a comic us going to cope subsaharan, africa as a well to least connected region bumps google's underwater cable ames to improve internet access to the regional time. the project really help millions of africans connect to the rest of the well, ah, are i piece, has existed for decades across much of europe since well will to, but russia's invasion of ukraine has alerted the continent that it is not guaranteed. i've been coals for an e, u army, and many european countries. and now reassessing that defense policies. several governments have already increased their monetary budgets. some of them significantly gemini alone, is announced. it will allocate more than a $110000000000.00 us dollars to military funding and that market to major policy shift. now the nation is approach the u. s. the by f 30, a fighter jets capable of carrying nuclear weapons. poland also wants to purchase

sophisticated reaper drone systems from the u. s. and many other european governments are turning to washington to buy drones, missiles and other weapons. rushes 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. 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 remain the world's biggest importers. receiving of 43 percent of global transfers since 2017 india tops a world 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. chairs rose to 39 percent over the last 5 years.

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 deserves 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 drone in the world, and it's not the most heavily armed. 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

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 systems. a 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.

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 alms, 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 imposed by european states but also the rest of the world. there are plenty of other regions where the tension so high and where countries have and also will continue to invest in, you know, the mit is an obvious reach region where that happened. but we can also put on a point at the major attention that exist between japan, south korea, taiwan us. on the one hand, on the other hand, china and also goes will drive,

continuing large seals and ups invoice by 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 colored seats 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, to the 2008 financial crisis and all that together already led to significant increase in arms in court. but several european states and significant large orders that have been played by a number of other european states in the past. 5 years, you mentioned on going conflicts and tensions around the world. to what degree does the invasion of ukraine effects be demand for arm sales around the world?

not, not just within europe. i think it affects the demand for alms in several ways in the 1st place. 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, cds 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 russia. they may feel pressured by,

especially the us to take a step from russia, 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 that's not necessarily always leading to war, but here it's the pre, i don't think many to get away with. ready we just use 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 trends. and that in itself is a concern. and of course it is also a concern that the increase in arms inputs by long side often leads to an increase in inputs. find your posing side leading to reactive m x and

even potentially 2 arms raises, 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 that we expect to increase is, is found by oysters, kind of catered for by industries in both 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, i found chips thus something which european states are much better at. right. 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 that it is true that the industry will benefit from the ukraine. that is 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 our house trade, trade between countries that make sense on the like about $120000000000.00 per

year. that sounds like a lot. it is a lot of course. but if you compare it with the total manufacturing and the total revenue to complete industry in the world, it's only a fraction of that. it's maybe one percent. oh, when 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 at that such as a well, we live in nap yetter is a man. appreciate your analysis. thank you very much. and 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, fewer 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,

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 rare earth metals, especially palladium, which is also an essential metal for semiconductors. its estimated vehicle production could be down as much as 15 percent in europe in the 1st half of this year. b, m w is 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 a supply chain insights, and he, leyland,

welcome to the show at the supply chain was already in deep trouble. then the invasion of ukraine happened. it's made a lot was it hasn't age and you know, what a lot of people don't realize is just howling to that is the supply chains, particularly, or lives it. but it 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 as really see in the all to vice, to industry, taking a not ahead to it supply chains and tra 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 is the, the logistical issue of getting products from a to b, and you just can't do it through holes on. exactly. and always the production stops in that was i said, we've seen shortages in things like components electrical harnesses coming from ukraine. and then also we see the impact of sanctions by phone,

russia. and actually some of the sanctions that russia, based on the west, in restricting it's, i suppose, so particular room cereals. so you know, you are seeing impacts there on 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 really 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

particular semiconductors, which are integral to a little computers that you have it, it more close if it falls off and i'm 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 the 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, you know, 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

we have already seen that production cost increase as being cost on to the consumer for vehicles and in particular for electric vehicles, i've noticed it's 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 industry is actually had to reduce it, sort of economy of scale. so effectively get a rental car price is likely to significantly higher the quite a bit longer and the tories in market recovers. and so i've been to national business travel as well. and then, you know, put in the course that they're using more expensive and that'll be speed. i need to charge them higher costs the hospital to the consumer with a 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,

much new or less robust supply chains. so when we look at some of the materials that go into your mind batteries to 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 weeks. crisis withdrew forward in very short order. 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 because, you know, lena electric be a substitute. and if it is substantially more expensive, but people will buying diesel and gasoline out briefly and they can be

car industry. so this up, are we looking at job losses? certainly the the car industry will save it up because demand is still there. or 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. add you to just a short answer on constraints or at any 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 continent, 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 tojo. will land

in nigeria, namibia in 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 per gigabyte. the 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 c cables do have a serious downside cables can tear and break leaving entire regions without connectivity for days. well, joining us from singapore now as nathan gadri, the managing director of sub saharan africa at google and it's welcome to the show

. so this cable is really going to be a game changer for internet access across africa. now. absolutely. thank you for having me. we've just launched on 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, is remarkable. and i'm really excited about what the space of the content because it brings in 20 times more capacity than the last cable, the best to serve the region and not on a fixed office are going to be plenty whether you look at g, d, p growth and job creation really look at the growth of economies, whether you look at the on effects 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

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 to. and then down to the media is going to south africa and also seen. so we are, we do have landings land across each of these countries and google has been 1st one and absolutely, you know, in interacting with the government of google over the course. the last week. i'm really excited about the digital agenda. we have a very good and well 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

come into a particular country region to the cause of it. what needs to happen from here is the entire ecosystem of, of network plants. whether that's, i don't cause any other infrastructure. this entire sector needs to work together now bringing disconnected the deeper into various countries into landmark countries 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 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 and useful. and if you think about the context of africa, there's still about 800000000 people, which is going to be 800000000 people that have never experienced the internet.

ready 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 to come online and have a great experience on the internet. what commands to be seen is how many people use the internet, what they're going to do with the internet? what kind of problems with this, or what kind of valuable they create? new phone access. so i'm really, really bummed about what that looks like. one thing, these kind of cables do have a habit of breaking down, they are going to, nations economies rely on a, on a bundle of was lie on the see bit. yeah. again, google has been involved in a ton of cable work all across the world. and are integrated with adaptive job reliability, ensuring ensuring that our model is built into, into a different book that we do the cable that you just leave with. we all know is, is again, a state of the cable with, with, instead of

a backup systems built into the cable functions. so i'm not, i'm not concerned about reliability at this point. why did you choose to go 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 you sort of lee the geography down, but we're just sort of cost for nigeria that's, that's $1.00 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 to get to $25.00, which runs across the government. last year we've seen the launch of the 1st data center in this year. we seen the landing and in speaking to various government officials in. ready i'm really excited about. ready so what would be the 1st step, but like i mentioned,

we are looking at landing this in the coming weeks followed by the media and south africa. and they are 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've seen, you can tweet me yet. nick clark, i'll just please use a hash tag, a j t c to see what just drops an email. kind of the cost at al dessert dot net is our address with as more viewed online at al serra dot com slash ctc. that will take you straight to our page, which has individual reports, links, and in time for you to capture. and that's it for this edition of kind of because i'm to clock the whole team. thanks for joining us. the news on al jazeera is coming out, ah, ah,

and chilling the debate, there is no job bad, didn't go, you know. i mean, if anyone here talks about women that i was a, does this bill seem to have been says notes help me get off the table. we were taught with the abortion as a one way ticket street to help all of the companies. they deny any responsibility, even though they have the resources and the power to fix it, where a global audience becomes a global community. the comment section is right here. be part of today's proven this stream on out is iraq. harmful pathogens are increasingly affecting our lives with terrible consequences. a new documentary asks why that we've learned any lessons in the h. i. v. epidemic in the fight against coven 19. 0, how we ignored the global? so to put prophets before people? and what cost?

time of pundents coming soon on august. ah, the crime and russia allow demands in potential compromise is ahead of another round of face to face talks in turkey. as the un chief says they're talking with all sides about getting a humanitarian sees foreign life. ah, i'm sammy say, dan, this is al jazeera live from dell hall. so coming up israel house the us and for our country's close.