tv Counting the Cost Al Jazeera April 5, 2022 8:30am-9:01am AST
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and married them to the dear skills and italians where they are done. so do think sort of fall football. so i think it's a great opportunity for artist and art. ah . took a picture of the headlines here. this al ukraine's president vladimir lensky, has called on the international community to hold russia's president vladimir putin responsible for war crimes. he made the comments on a visit to the town of butcher, where russian forces have been accused of killing hundreds of civilians. meanwhile, the russian ambassador to the united nations has denied claims of war. crimes and boots are saying it was all staged. seated on ben's ear says moscow will provide evidence to the security council on tuesday. yes, president joe biden says there is ample evidence of atrocities committed by russia . he wants better, may put him to be tried for will cries, he is a war. but we have to gather the information. we have the can you to provide you
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with weapons, they did send you the fight and we have to get all the detail. so this is actually have a war trial. this guy is brutal. what's happening with reagan and everyone faded. the chinese city of shanghai i'll remain locked down as authorities review the results of a drive to test all 26000000 residents. for cove at 19 a 2 stage lockdown began last week to combat the latest wave. but the restrictions have been criticized. there are reports of coven positive children being separated from their parents and sent to quarantine facilities. protested intro lanka have returned to the streets of colombo to denounce the government's handling of the economic crisis earlier shrank as main opposition party rejected the president's offer to join the government instead, urging him to step down the offer came off to his cabinet. resigned on sunday because don supreme court resume a hearing later on tuesday and whether the prime minister's decision to dissolve
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parliament is constitutional. human con supporters have been running in the capitol as he seeks to stay in power con as cool for new election. in 3 months. president biden's nominee for the u. s. supreme court catan g brown, jackson is one step closer to consummation the senate judicial committee. i sent her nomination to the full senate for a vote. if confirmed jackson would become the 1st black woman to serve on the nation's highest court. and a landmark un report on climate change says there must be rapid, deep and immediate concent, carbon dioxide emissions to prevent a catastrophe. the final section of the report was released on monday and says emissions will need to peak within 3 years to prevent the worst effects of global warming. so those are the headlines that is, continues he and al jazeera, after counting the cost station. thanks for watching. backing up al jazeera world
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need some extraordinary women who are making things happen their way following their daily struggle to survive for their families to thrive. egypt swim in st. sailors on al jazeera. ah, i clue, i'm fully back to bo, this is counting the cost on al jazeera. you look at the world of business and economics this week. europe threatened with gas shortages and looked for alternatives to supplies from russia. can african nations fail the energy gap also
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this week, as the war in ukraine rattles the global economy? could it lead to a change in the order of the financial world and watch the impact on nations world wide, both rich and poor, and breaking through so called a walled garden. c, european union agrees to curve the dominance of technology companies. but while the new regulations allow fair competition on the internet, and can they set a global standards? ah, thank you for joining as the war in ukraine is squeezing rush and gas supplies to europe. e u. countries want to reduce their dependence on moscow and are pulling out all the stops to find out, turn it if supplies. africa has a wealth of natural gas reserves and could feel the gap. many european countries are exploring whether the continent could be part of the energy solution they desperately needs. many african countries are eyeing the opportunity and have expressed their interest in increasing supplies to europe. europe imported about
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a 100, a 1000000000 cubic meters of ellen g from africa in 2019 over 12000000000 of which came from nigeria. the nation has recently approved a roadmap to construct a multi 1000000000 trans saharan gas pipeline known as niga. the projects will run through any share and algeria and connects to europe's existing network. now, pipeline said transport gas from africa to europe are mainly located in north africa. the my grip europe, gas pipeline. in algeria transfer his natural gas to spain and portugal through morocco. but supplies have been disrupted because of political tensions between algiers and rabbit. the u. s. secretary of state has sought to have discussed the reopening of the pipeline during his recent visit to both countries. the meg does pipeline length algeria directly to spain. the african nation is estimated to have exported 255000000 cubic meters of gas to spain. in 2020. the trance made
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pipeline connects algeria to italy. through tunisia, algeria is italy, 2nd largest gas, ex water after russia. the green stream submarine pipelines run from western libya to the island of sicily in italy. but that makes up just 2.5 per cent of overall italian daily demand. now the shift in global energy markets raises questions about how countries can meet their climate goals. while europe says it wants to cut greenhouse gas emissions by at least 55 percent by 2030 and make the transition to green energy alternatives. that of his have push for a whole to african gas investments and effort that force foreign companies to rethink their operations on the continent. while to find out more about africa, gas potential am now joined by kohler kareem, the group managing director of shoreline energy international and an african energy chamber advisory board member. he joins us from london. mr. green. thank you very
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much for being with us on counting the cost. many african countries have expressed interest in increasing gas supplies to europe. but do they have the capacity to do this? dig, do have by way of reserves of if you look at country like nigeria with 220 cs of natural gas users you looked at muslim with over 100 t c, l matches that reserved. so is established at the reserves. there was more important is the capital can build the infrastructure to actually fill and recheck there. and that's what's missing today. so it's a difficult one because with the capitalization capitol, east servers. and after this all the last wanted. ready or had a huge capital is going to look at the center destructor. so missing middle is capital is required to bridge that gap, but the reserves are there because of the potentials all this african countries as long. so this infrastructure challenge challenge as you say,
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and then the funding of course, are so where will it come from? the true position is this right now? i think this, the shifting policy from what has happened between russia, ukraine is actually pointing capital. and serious investors will now forced to look for turnitin with the announcement of berlin also by the u. e. u. cutting natural gas in wars and an oil in was from russia, looking for alternate sources and africa. hopefully she did a nachos toys concluded capital should be coming from that market. right. so then how quickly do you expect that the gas is tight flowing north after years of under investment? it is also difficult. why did these gas flowing already from oh, dear, the potential hooker ish that so sahara gas, which is looking at booking, i do are up connected that all jerry would potentially more export into europe.
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right. and another up to 30000000000 cubic meter. but the true thing is how long. ready is it going to take to build that infrastructure and as the elephant in the room? and then i was going to ask you about that. that transparent pipeline, the share nigeria and algeria had said they've agreed a road map. but is this just a pipe dream do you thing how challenging is it going to be to get this project going either to the true position is the it's going to be challenging because of the recent security problem with adding the sale. now. but the true thing if with commitments and the 0 for the u. p. s, looking forward to that source is the reality is assured, we're talking about search into $15000000000.00 of capital to be spent on this project. that's a lot of money, but it's not insurmountable. capital cannot be found because the european bias the european market and now was looking for tentative source of energy. and african,
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naturally by proximity of, of distance is the natural choice. yeah, he talked about the security concerns in they have been security concerns over the years, especially in a country like nigeria for example, which has struggled with ongoing and also disagreements over there that share the fair distribution of the oil wealth. do you think those security concerns have been addressed to allow you know this project to go ahead? the security concerns are, as it pertains to lie junior, and this is an ongoing issue that will and in exist on a daily basis. it is not going to be an easy task, right? the biggest problem as being polity. if you look at all the trouble spots in south africa, the biggest problem is of g e r b and the people in this area is a prosperous. i'm sure we'll see far, reduce incursions and problems. so as in governments are focusing on,
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we did try to address it is not going to be an easy task, but the focus is trying to get something done, right. there's the poverty issue and then there are the politics so, so we saw the u. s. secretary of state antony, blank in travel to anterior and morocco this week. and there's a question of course, of opening up the gas pipeline from algeria to europe via morocco, which had been shut down last year after algeria suspended ties with morocco because of the issue of, of western sahara. how, you know, how do you see that going forward is, is that a shoe likely to be result? can the u. s. how bring these 2 countries together? either the to position of what we see allergy of global politics is when the western nations have a problem, they always die and they always find a way in getting things resolved. so you will see the situation in between ronald, jerry a will resolve itself because of it necessitates flow of gas in to europe,
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your market to elevate the potential problems we're seeing today. russia explored over 300000000 cubic meters a day in europe, india. that's about 150000000000 cubic meters a year. that huge is an example. the largest economy in europe, germany that 55 percent of their glass in wars. if you disrupt you to shopped in the economy of the strongest european nations, it is not going to be an easy task. and emergency position is what has been put in place in finding adequate replacement to support if there's going to be a shift. but right now the focus in policy that has been pronounced is reduction is importation from russia. and that gap the gap, but they did have that with it. thank you so much. very interesting to talk to you about this call, a korean managing director of shoreline energy international. thank you for being
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on counting the cost. thank you. and ukraine's president has asked katara and gas which nations to produce more, to counter what he called the russian threat to use energy as a weapon. brody me as a landscape made the play here in t o ha. while speaking to leaders at the doe, how for him, for lansky, also warned that no country is immune to the impact of the russian invasion of his country sizing the hiking food prices. russia is the world's largest exporter of wheat, and ukraine is the 5th largest. but the global destruction of noble supplies goes beyond oil and grains. the flow of many metals is also at risk. so should the world be worried about the impact of economic deprivation that could be caused by the war and ukraine on my colleague nick clock put this and other questions to kelly kraft . the former us permanent representative to the united nations. he spoke to her at the door half, or you know, i think in the united states,
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they're saying that what happens in vegas stays in vegas. and that is no longer the, the case. what happens in ukraine affects the entire world. and that's why we are here at the doe, how for me, the entire, the topic has really been around ukraine, russia. and i look at this and away from a security council standpoint. and from a general assembly standpoint, in the fact that within the security council we have seen russia be able to veto their own punishment, their own reprimand. but then you have the general assembly. and i think that's really shown a spotlight on the fact that every country has there has a equal vote. there are no vetoes, but it also allowed us to see the african countries and who abstained who vote the one that voted with russia. and it kind of shows us that there are winners and losers if you think about it with russia, with, with the, especially with the way that russia has gone into several of the countries in
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africa with gold, with their wagner group, you know, protecting the gold mines with the fact that they're looking at the rare minerals and congo or diamonds. and so you can see the winners and losers. you can see some of these countries within africa whose leadership are really very short sighted and they're looking at short term gain, instead of long term gain and building up their country because this is a country, this is the continent of the most of the most use of the youngest, right. and we're losing our focus on building up future generations because it is those countries that will be deeply affected because they're not gonna affect commodity price, right? sample and the price of food. that's going to have a huge issue, places like yemen and across the country across the continent of africa. well, and you look in just from the previous panel, you look at the yemen, and it's unfortunate that we're all focused on ukraine, russia, but yet we still, we do have the, the, one of the world's worst famine in yemen. and yemen is directly affected because it,
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with the world food program and all of the different humanitarian resources, wheat being the main commodity there. so we're seeing that not only affect the continent of africa, but we're seeing that in yemen. also decrease economies also taking a severe hit. how can, how could it cope in the meantime, while the conflict is going on? and what about moving forward is things perhaps settled down at some point in the coming months. what help will be provided to ukraine? you know, if you look at the, the industries or, or just the, the agricultural business in ukraine, and for that matter, the russian farmers that were fed this information, most of them don't even know what's really occurred. so we really, we need to be building up. now we need to be helping the agricultural industry and ukraine. the industries that really had the most exports, because that's where they're going to need to rebuild their country is starting with the basics. just the basic needs. what you're going to be there, they're export market, right?
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has been this talk of a kind of collective effort to deal with situations like this, this freedom fund. what do you make of that as, as a, as a way for to, to try and deal with these kind of situation. i think the freedom fund is very important, but we need to remember, we need to be able to utilize the people with in ukraine. we need to be able to build up their economy by also giving these very people the job to rebuild when this fund is activated. it has been this great collective effort to put sanctions on russia. and do you think we've gone far enough in my personal opinion, in the security council, whenever we spoke about sanctions, they didn't mean the thing to russia. and if you look at the way our currency is today with our crypto currency and other forms of currency. the dollar is not that powerful. so sanctions really being placed on russia they're, you know, they're no longer asking for us dollars because they can work around. there's lots
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of loopholes. we need to figure out the loopholes and look at that area. that's how we're going to have these sanctions that work. the problem is because there's no way of putting that the screws on rush on on putin and without implicating and having a serious effect on the global economy. how do you get around that? we needed to be building up our economy if you want to look at the united states and the administration that i served. candidate trump at the point at that time talked about the importance of building up our industry within our country. because of china. and then when he was president trump, he acted upon that we need to continue work, speak about china for 2nd. we need to continue to build up our countries so that we're not dependent. you know, here we are now energy dependent. when we were energy independent, we were producing our oil. we had, you know, keystone pipeline. instead we immediately relieve sanctions on gas problem on the
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pipeline in germany. why would we do that when we can be energy independent, our own country? let's just hope that next year that we're all not sitting here and we're not discussing china taiwan. now, giant technology companies are not only getting bigger, they've already eclipse, major oil firms. they've also made huge earnings, an idea of just how lucrative their business is. apples, profit alone for the past year was more than the yearly profit of 8 major companies combined, and they include disney and mcdonalds, but just a handful of tech companies are dominating the market. now the european union aims to curb their power by agreeing far reaching roles that could allow smaller companies to flores generally dry. she did a bird. some have said it, it was a bit like the wild west or it was a bit in their hands. do we ever gain power because we are political authorities, the more we said to them, of course, you're welcome in this space that represents the digital internal market. but these
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are our rules miserable worldwide. the legislation is the ease biggest overhaul of laws governing big tech operations in more than 2 decades. it requires platforms to open up access to their spaces, to 3rd parties or other businesses. this means uses of the whatsapp messaging service. for example, could text a friend using a different service and tag giants wouldn't be allowed to rank their own products or services higher than those of others in search results. software or apps such as web browsers can't be installed by default, and companies won't be able to combine, uses personal data from different platforms for targeted ads. unless explicit consent is given. among many other roles, repeat violations of the regulation could result in fines of up to 20 percent of a company's global annual revenue. and companies could be temporarily band from conducting mergers and acquisitions. the digital market act will apply to what the
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e u calls gatekeepers. those are companies where the market value of more than $83000000000.00 and with at least $45000000.00 monthly uses or $10000.00 business uses in the e u. the firms mice also have a core platform service like a social media, a search engine provider, or an app store, the grouping clues alphabet, the owner of google, youtube, amazon, apple, microsoft, and mehta. the apple has raise concerns about privacy and security vulnerabilities, void users, while google said some parts of the rules could affect innovation. the digital market act came hours before the u. s. and the e. you agreed, a provisional deal on cross border data transfers. f, as in joe biden, says the pact would facilitate more than 7 trillion dollars in economic relationships with the e. you want to discuss all this? i'm not joined from a st. galen university in switzerland by simon f. net. his a professor of international trade and economic development at st. galen university
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and is also an expert in competition law. thank you very much, miss avenue for being with us on counting the cost. so what do you make of this? these new rules will they ensure fair competition and more choice for uses. these rules will certainly shift the competitive landscape in favor of the smaller medium size firms away from the big digital behemoths. whether this translates into much benefit for cost, consumers would have been critically or whether they're small, medium sized firms, use that competitive space to introduce new innovative services are witcher or an expand choice and deliver benefits. i think that's the key question, right? and so a key aim of the reform is to prevent tech giants from abusing their market position to harm smaller rivals. but what will this mean for those big tech shines? how will it affect their business model? and will it mean less profits for them? the big texter joins differ considerably in their business models. this
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legislation's been written in a way to target 8 different types of digital activity, commercial activity. and in each of them, it's pretty clear that the implementation of this, if it's faithfully implemented, is likely to reduce the profitability of the bigger bigger players. there is a lot a number of constraints that, that they will be under. for example, if operators of platforms will not be able to force sellers on those platforms to have to use their financial payment systems. so these types of restrictions are going to be put in place and will widen choice for buyers and for sellers at the expense of the big players and their concerns at the last target american companies and fairly, and that they could affect jobs in the u. s. do you think those concerns are justified? i think the, the, the rules have been written in a way that if, if a firm could becomes larger than certain specified limits there they fall within
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the reach. but it should be said that there are chinese firms, as well as american firms, which will become so called gay keepers under these laws and be subject to these tougher disciplines. so i don't necessarily see it as being inherently automatically anti american firms. but the truth, the truth is, most of the most successful, what accompanies in western markets in the digital space are american. so any large company which has been success will, is likely to get wrapped into these roles and many of them are american. so you can understand where the criticism comes from, right? and so what will be the challenges implementing the these new rules, these new measures? do you see companies trying to diminish the laws in passing in the courts? for example, the companies will have many options in terms of how they react to this particular legislation. $11.00 option will be to challenge whether or not a company is designated as a gatekeeper, which is what you need to be designated to fall under. the provisions in this
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particular law. so the 1st thing the giants will do, i think will be to contest whether they're designated as gatekeepers. and then if the european commission comes after them subsequently with enforcement actions, those will get contested as well. so i think yes, the lawyers will be very busy. yeah. are they concerns about privacy and innovation or as some tech firms have suggested? so the big tech firms have suggested that innovation could be diminished and, and there, at the, the argument, i think they have some merit and saying this, li, europe in commissioners a conceit at that point. but the counter argument is that the additional innovation from the small medium sized firms will cat will offer benefits to consumers. so that's the trade off which has been taken there on privacy. please note, and it's important for your viewers to know this. that term privacy is not the subject of this legislation. ok. privacy will be subject of another piece of legislation. the european commission is going to bring forward. okay, interesting that you, you mentioned that now we talked about uses briefly a how are they going to be affected but also not just uses. the advertise is how
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are they going to be impacted by, by this new los why users will probably have more choice in terms of different services being offered on platforms. so that will be a step forward, but the advertises, i think they're, the message is mixed. the good news for them is that they will be able to get much more information about the effectiveness of their advertising out of the big digital firms. the bad news is that to the extent that am that these platforms become less attractive because other firms are rising up and competing against them . then you may end up getting reaching fewer consumers over the advertises. i think the message or the outcome is likely to be mixed. ok. now this is the e is largest overhaul of laws governing at the way. take giants operate. do you think it's cement? europe's a leadership role. he has the most assertive regulator of big tech, and do you see this being adopted globally?
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so there's 2 things there. first, the e u has taken a lead on digital regulation, but so has china in terms of its own domestic market. it's not clear to me who wins that horse race, but both of them have demonstrated that they have a lot of teeth and they're willing to use it. the 2nd or the 2nd point. so please remember what was your yes, what is it going to be a dancer globally you think? ah, yeah, absolutely, thank you for them. yes, the brussels effect will probably apply that's. that's the effect whereby brussels moves and other countries copy. i think we will see some emulation of this and possibly even in the united states as well. thank you so much for talking to us about the simon f. net professor trade and economic development at st. galen university. thank you very much for being with us on counting the cost. thank you. thank you very much. and that is our show for this week. get in touch with us by tweeting me at, followed by a j e. and to use the hashtag ha, ctc. when you do or drop us an email,
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counting the cost that al jazeera dot net is our address, or there's more for you online at al jazeera dot com slash seat and see that will take you straight to our page, which has individual reports, links and entire episodes for you to catch up on i think for this edition of counting the cost, i'm fully back the ball from the home team here in doha. thank you for watching news on al jazeera is next. oh friends, we'll see friends, faces go to the holes with the cost of living crisis and the war in your crane looming lot. i know my boy is widely expected to win here, but how much ground in the far i can say marine the pen. i know those game follow the french you make some on al jazeera. african stories from african perspective isn't well yet as a documentary from
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african fill me. from a much of the adventures of a car and led to africa direct on al jazeera, the heart wrenching good buys loved ones, not knowing when they were united to get women and children heading west to relative safety, often leaving men behind among the foreigners. also trying to get out train rise of a free, but it's on a 1st come, 1st serve basis here at the bus station there only a few rides available, and that's only to the surrounding villages. so people like for me in rows now need to find another way to get out of the city. but for now they, like many others, would have to reach in, hoping tomorrow is a better day. ah, china is locked in
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a sy battle with the u. s. when i, when ace makes the online warriors behind with one out of there. ah hello, i'm down jordan dough. with a quick reminder of the top stories here on al jazeera, ukraine's president as visited the town of boucher, near the capital. keith, where russian forces have been accused of slaughtering civilians, let them as the lensky called on the international community to hold russia's president vladimir putin responsible for war crimes. images from recent days appear to show bound bodies shot at close range and hastily dug mass grave wanting you may find some images and in one cons report distressing.
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