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tv   The Stream  Al Jazeera  July 26, 2022 11:30am-12:01pm AST

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leader tremble won the nobel peace prize share with his catholic adversary, john hugh. that same year, he was elected as a 1st minister of northern ireland in a new power sharing parliament. but animosity and criticism followed many in northern ireland. it grew tired of tremble and his colleagues. he was eventually eclipse when the hardline reverend e. m. paisley went on to share power with shin fain the political wing of the i r a . despite a combative personality trimble earned the respect of many for reaching beyond religious and political lines. david trimble was 77 years old. hundreds of people protested on the streets of sao paolo to bond greater support for brazil's women of color. they say that president gyal sanara has done little to help women during his term in office or encouraging people to vote for his rival in upcoming elections. ah,
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it's good to have with us hello adrian. so they can hear in though all the headlines on al jazeera, you energy ministers, amazing and brussels to discuss how to deal with a major cotton wash and gas supplies. the moscow own from gas promise reducing supplies through the old one stream at north stream. one pipeline to europe from wednesday, protest had been held outside. man was embassy in bangkok to condemn the execution of full pro democracy activists. all 4 were accused of helping a civilian resistance, movement, tardy. chang reports not from bangkok. i think with saying, said, outraged, and to a certain extent, disbelief being voiced across social media throughout the world condemnation from the un secretary general, us secretary of state government ministers across the u. a little more muted here within the region, and has been slightly torn apart by the way,
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how it reacts to the conflict in miramar. on the one hand, we have indonesia, singapore, malaysia, who have been very outspoken in their criticism, yet neighboring countries and like thailand, laos and cambodia had been a bit more muted. but i think even here, there is a certain amount of anger and outrage is really forces of rated the palestinian village of color wet bonnie, her son in the occupied west bank. they demolished the homes of to palestinians. you'd been charged with killing a god in april at the illegal is really settlement about l. schools have reopened. it's real anchor after the government said that it would provide fuel. so the children could get to class, but lessons will be limited to 3 days. a week. schools were closed nearly a month ago because of wide spread shortages caused by the worst economic crisis of the country. in decades, crowds of forced their way into the headquarters of un peacekeepers in eastern
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democratic republic of congo for a 2nd day. riotous of damaged and looted parts of the base and goma. demonstrate to say that peacekeepers have not protected them from violence in the region. fire crews in california say that they're starting to bring the state's largest wildfire this year under control extreme heat and low humidity. of course, the oak far to spread rapidly since it started on friday. and those are the headlights, that he's continues here on out here up after the stream coming up next. latin america is a region of wonder of joy tragedy and yes of violence. but it doesn't matter where you are. you have to be able to relate to the human condition there with no code. 3 is a life and it's my job to shed light on how and why did with
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i as i me okay. in your, in the stream gone as economy has been crippled by the impact of because it kinda make ramp inflation the war in ukraine pass at depreciating currency. now analysts the warning that the country is close to a crisis, i've listened to sammy dempsey, his organization that protest in the capital across last month. for the 1st time in the history of this for, for public. the original information is moving around with dog is on pretty good. and does she tell you about the persistence of shuttle nicole highs? apply this is especially busy. so today the ordinary junior is struggling to afford that is when you said the money to spend new city because we are so from your panel to talk to you about gone as economic hardships,
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yvonne mensa, theo, thank you so much for being on the stream. if i'm please introduce yourself to after you, as my name's you bongo. i'm be asked. economist acronis is capital good to happy mensa lisa. hello to have you as around the wells? yes. hello. my name is mr. thompson. i'm executive director of a ship. i'm gonna, i'm also here with austin for chicago. all right. looking forward to hearing more from you and see i welcome to the string piece. i hello to have you as around the globe? yes. hi everyone. my name is sophia jones. i'm an economist and a political risk on my list career. so we're confused on the continent, including dana and high stakes. so if you are watching right now and you want to comment on youtube, you go ahead. the comment section is right here. the my guest, ah,
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i want to take you to the market and the crop out a months ago, that's when out to sierra was out in gonna reporting just to get some groceries economy and the economic feedback from some people who know when that might have food just gone up and when it's gone down, as heavily i resolved the reason. it's serial serial. crying out loud, they got me something on a she said i meant are you surprised to hear those opinions by ladies in the market? like we can't afford these prices? how would you explain to i'm not sure what is what's going on?
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absolutely not. i'm not. i'm not surprised. the big one in science has been there for the past 2. yes. it only became aggravated this past few weeks when now the people are beginning to realize that, hey, we are, you know, it's terry t, n r. people are beginning to actually embrace the reality, which a lot of experts and analysts and economic watches have been i'm, i've been sounding for quite some time now. and we're here due to a number of issues which are from our estimation have very little to do with the global economic climate i, the russia ukrainian war which you are the true. yeah. as far as 2020. and i was wondering because so many so i guess if you say that gone has issues and not connected to a couple of things that is impacting not just on other african neighbors,
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but also the whole world. so you create a crisis right now. food has gone up, i'm feel is going up around the whole. what does it mean to that? that's not a problem for gone either. it is, it is a very large extent. i to back there are other neighboring countries who i've also been hit by the same global crisis, but not i did. i did exchange for degree, which gun has been affected and gonna, you know, our performance on in the sub region when it comes to economic issue, feel more like the buffer for the region. and so a lot of countries will come to us and we, we out of the fam believe that, or if there was prudent economic management in the past, no level of impact this global jew, economic climate would have happened, not your economy. what are the next to p w witness? and i said you are still saying so,
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so man's house hold tight went well i'll just want to bring back in. theo, here i'm so to see what makes so saying that it's not these outside circumstances like cov aid and ukraine and russia comes like, it's not, not that's gone as essential problem. it's bad management back government via them. absolutely. because there are actually 2 factors here, thus the external shocks which are so me am, is actually, are discussed or reference. but internally, they also domestic factors that need to be taken into account year. so even before russia quinn and also our weight covered or the government had literally been on a dead bench with a lot of burrowing, which was adding onto the public dead. and the one is st somewhat were there. so in to an extent is actually a mixture of to tears. what is happening? i thought so once again our, our challenge is not just the economy in garner because our challenge is actually
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keying feo. the are some of the, the thoughts that we are getting from our online community hill, watching right now on youtube. i'm going to share this with men, so as well, it's a mentor and on youtube are all yet so wondering will isn't this just corruption? in garner and i have to say it as a nigerian, i look to next door, neighbor garner. and i also think that it's like the standard you set the standard . hi. how can you be in trouble in god? is it crush? x treatment me and i think that the kind of corruption we're witnessing now to a very large extent and is pretty much unprecedented. and i, for the past few days, we've seen a lot of global internal repulse beach in out by the government groups who are reason the concern about the muscle corruption and the pumping of what the corruption in ghana at this moment is the debriefing for corruption and
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also the response from the government point of view, and we believe that it drives a little confidence away from the system because the capital markets and the global i international players who are looking at gunner, who are looking at how to resolve economic difficulties. ow cds, breathing corruption that are being treated every now and then and be seen very little action being taken. and so not people are become quite neville's about even lend it to gamma because the loop that's a huge chunk of these miners are going to be exec peter to corruption. and the lack of political will. and the sheer encouragement of corruption. couple of governments, are you depress it? this is what is our major concern. and for the past few days, the prisoners have come and that i mitchell could kilograms over his confidence. and his approach to the fight against corruption, who, which analysts have described him in a certain memo names,
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which i don't want to repeat, right? i am just bringing is on to you don't have to repeat yourself evelyn, i'm just looking here at some of the thoughts i've been getting in from twitter. so inflation is county at 29 percent, roughly a fuel food and transportation are at an all time high. but in 2019, i know that you were talking to you. i am if he were visiting donna at that time and it was a very rosy picture. can i ask what went wrong or, or is that the right question? what is the white line of thought headline from your perspective? i think a big reason gonna finds itself in this position today is the a crisis that have been told in the country since 2020 so covered 1st of all. and now the ukranian invasion, as you rightly mentioned, i was in a crowd early 2020. at the time the country all the current administration had managed to bring down their budget deficit to low single digit as
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a share of g d p. i remember early that you are the good and see the was one of the best performing currencies in the world and the i m f had nothing but positive things to say about the country. and of course, a month later we had the pandemic hit. so i do believe that a lot of what the experiencing today is due to external, a events that have led to the fiscal situation deteriorating so dramatically. all right, said mr. kasey, here on the on twitter says miss ever on. if he comes to mind back to the 19th and early t, thousands, one could see a patent 3 kit, things stand out for gone as count, economic was knack of leadership, wrong social intervention, and corruption. do you agree with any of those 3 points? corruption is not endemic to god, i want to say, but i think one of the characteristics of gone that's been disappointing. but dicky, for the best that we do speak to is the fact that these fiscal crisis seems to be
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occurring. typically though they do occur in the one up to an election, and as we know, a good gonna has a 4 year cycle. so under current administration came into office in 2016, they had to clean up the fiscal situation and bring donna a deficit of dramatically our i, as i mentioned earlier, the current fiscal situation. the current that finds itself in which is resulting in these are still measures on the ground is due to external factors combined compounding the, the current vulnerabilities in the economy. but i do take. busy the posted on twitter. comments club quite well. yeah. the is correct. all right, so let's bring in a gun as minister of finance gonna earlier this year was adamant that they were not going to call in the international monetary fund. they were not, they could deal with their problems themselves. he's a little cripple. you can hear how passionate the minister finance was about not
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contacting the i. m f. we are not going to the i am the whatever we do. we are not the consequences or we are proud nation. we have the resources, we have the capacity. don't let anybody tell you dio, what happened? i am not going to the i m f and then july, the 1st the i m f. team in across trying to work out how to help gonna again i think it was a difficult one for a defendant restriction. i love it because the rhetoric before went to the i m f. and even before they came to was that they had the den administration for making a similar move on the basis of what one could argue. also extend much of the slow down in china and related matters. but some of us actually did indicate that the
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direction in which the economy was probably the waste management in money, including things to do with corruption, which would modify a sentence. public contract was automated to lead us to ad dish and a place where you have no other option to see the item. and i kind of like to slightly disagree with you on the, on the causes. so if you clean the packet and pat, but if you actually look at the trajectory and the numbers, including the assessment that had been done by others, like the world bank, etc. we already and rate of high district for the country fix them. but also the one that knows, and this was even before russia, ukraine, and before that, that makes sense is actually to call fact is the external factors we've, we've described. yeah. but important pretty it been compounded by the weak
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government across the board, fiscal invisibly of the, of the government. that's what we do on the, on youtube, this is how christine lemon describes how you describe quite i'm just gonna say, politely, christy says at cooper, i do is a failure on a bad leader that he's coming from micro groceries. comments on youtube. i guess i'm going to get you to engage with some of the comment tree that we're hearing, but very quickly so we can get in as much as possible. so this one is for you, man. so why i m s. aren't that any of the options men stuck? quick, responsive, 30 seconds. well, there are a number of options, but we believe that i'm, if i'm, if would be a shutdown remedy. who quoted us back on some fiscal recovery of the economy by a huge chunk of the long term recovery, which cannot be given by the i m f. come a card option for us. the i am
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a cannot help us to be food sufficient. there are 2nd decision that it would have to be taken my be under governor level and leadership level, and it takes a lot of fun to, to call to do better. all right, ava, i'm going to put this one tennis one from tiffany. tiffany: thank you for watching preciate you at this point on a has no choice even if i that i am, if bailout, or society breakdown and city of famine is out to extreme from tiffany thoughts, yvonne, i'm well given, be indebted us we are seeing globally out many fear that if gone out did not engage . yeah, i missed don't go the see lanka route. so i do think it's a positive that they've engaged the i met it does aside from by that endorsement, that damage does to other finances. it does. if there is a program that follows that discussions, it does open up a re open access to external financing, which is what god needs at this point in time. all right, so one more from william,
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this is on you cheve. i'm going to put this one to you t o very fast response, please. a weekend to move from a consumer to a producing society. that's too much dependence on exporting goods, coupled with corruption. that's not a good combination, t o, quick response. yeah, absolutely. i mean, in terms of fixing the problem, this truck on issues we have to do, we want you grow and eating, want to grow. and to another extent, we need to a productive base of the economy, particularly agriculture and value and in manufacturing. and i mean, that's a long term project that needs to be connected to work on my own to political parties. okay, man, so what did you just write down? i can see you out of the corner of my i hope it was interesting dish. tell us. yes . i think not to tie in what few said with the fears and that would be strong results in their pass by dennis finance minister. back to work go. we're not going
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to go to that. i'm there for, i mean, i'm done really aged about the bad financial reports that have been seen and that this current financial industry who has been cooking his financial figures, who has been mr. port, i'm gonna say coming detached through the international market. and other people just to create impressions i see were doing well when actually our economy was sink and that's why there was too late for a lot of last for people to see it. and also for a lot of innovation is coming in late because of the fear that some of these, the talk which they have by the picked up could be found out by the international. please. i'm just looking, i'm going to show some of our audience after you as some of the protest video that we recorded, went out there was reporting in across few weeks ago. what does this mean if on when you see people out on the streets, protesting against that government's fiscal policies? what does that tell you that the current policies are not working?
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i must also though add that we are seeing several approaches throughout the frontier markets and emerging markets. this is not just specific to gonna part of this, of course is reflection of the, a dramatic increase we've seen of commodity prices in particular fuel food and fertilizers, which i don't think is specific to gonna in itself. but all of that said, the responsibility of government is to try and mitigate the impact of those price increases through various policies. and the thing is, so what we face in the law of african countries is the buffers are not, they are in terms of the, the fiscal space that's available in order to put in the mitigating measures is limited in the case of i'm gonna, and i guess that's part of the reason that the approach the i'm at i'm going to say yes, yes, i think ahead. yes, i totally disagree. i think we are down here. we know exactly what's going on for
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the last couple of years to have to wait for this stage. yes, we know the global light needs and all of those. we know that these protests and these hot shapes are not limited to one began them. but you do need to start, ghana has been rising example some, some few years ago when one of the fact that women economies would be pretty much better. and so the question should be assets, how did we decline? i don't think obviously it does come down to that would be international shocks which you're still not well operated. i think that the, the, the management level of them, they come up with gus, announced that the people are going to have been sent with in the last 4 years. has been very bad. i've been very busy and effort. tim pointed out to this particular outcome with or without, without russia korean war with 19 gun, i will still be talking to the next 2 days because of the bad management option and, and the current attitude of leadership that will be separate if one is that
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something you could see in the future because a 2020 you are looking at a, a better future for donna, this is really gone because i'm going to move on to see what do we, what do we do next? okay, go ahead, yvonne. because then my question a sam was to ask in the 1st term of his administration from 2016 to 2019, did we not see the budget deficit being narrowed as substantially in the case of, of the gonna it's a so my impression is that just gone at this point in time, based on what has happened on the moneys in 2020 yes, been on the telephone as miss as presented. you remember? just a few years ago, dyer may have had come to tell us that our deficit figures. we're not a creature because some tools, huge companies, hopefully by that have been treated. i've been on the line, would you assume rockers make segments?
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anyone on which i'm going to pause you just just for a moment because i want to bring in another thought here and also some ideas. but i'm just going to tell our audience that this. i am f bell out if it happens, will be the 18th in gone as history. so gonna repeatedly is asking for help financial help from our side. this is not unusual for countries, but for governor, this is 18th time with the i m f. in particular. let us move forward a little bit fear. i know that you have some ideas and some solutions. i'm going to go via david your morley, who has some ideas about how gone i get out of this current situation. he's a skeptical about the i m f. have a listen to david and, and share some of your own ideas to the oh, this is fear his david festival. as a says, no, i bet's, did you, did you is you is about 97 percent. so dian with kind of abuse who she the also
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been on board policies that will lead to replacement workers. the also dean basil id economy so that i am a kind of abuse lucy dissolution i have. you're with us less. are brock deluca just in, are packed in written mechanisms less to reduce the amount of money we give to foreign companies in any more, incentives, less reduce karachi, less reduce the size of government where what we'll do old is nothing. we don't move are hungry for with so i think it's point this to get a break. it's actually, you know, around 78 percent and not 97 percent about i do agree with the point is made. but i think fundamentally, the starting point is we're going to actually agree at that restructuring program program, you know, with its creditors. and this could be done on the 21st with, you know, and you know, you, the country much, much needed be 2nd to be the point to which is that this is
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a little weak. there's a lot of, you know, wasted within how we run the government machinery where you could actually argue that the people that we upon the size of government, the ministers and it needs to be kind of go within that. also, you need to actually implement the structural reforms that we agree to. you actually can program the time out to many of the program areas which we said were coming to include in reform in the payroll system, getting rid of pay goes like at etc. that was not done and you know, if you don't do that, you will come back to the same issues. tell me, i think the issue really has to do with growing the economy and unimportant points related to that by which also you want. and so maybe it's probably the inflation issues with actually is to do with the central deficit financing on the budget,
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where literally printing a little bit more money and engage in extend. i'm a question which is vital are driving the inflation so it's not just really due to russia, ukraine. the effect of that is that much, much more deeper issues that i'm the pain where we're no contract because if you look around for some reason, even worse, if you don't see similar issues. and i regret i let me go to thank you so much everybody. i'm gonna share the final moments of our show with our huge of audience because you have so much to say are many of you. so are a moss government must reduce corruption. the unnecessary government spending is too much. let's stop all of this and see our nation develop economic forum, even if the expected i am if program comes with a much needed balance of payment support. garner will still have to restructure its
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expenditure through fiscal contingency measures. so much wisdom in the u. g of comments, i hope the government of ghana is watching this show. thank you so much for being part of the program. theo mensa, anna von and all of our view is on youtube. appreciate it. i'll see you next time. ah frank assessments. it sounds like you don't expect anything to change the problem in lebanon, it's actually structural lebanon needs, and you also contract in order for it to solve this problem informed opinions, international communities, on the goal of this, my students, you can use a government, how's knowledge to be seen in depth analysis of the days global headlines. this is going to be very hard for people to explain to the public that instead of pushing
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back. no, it's actually got 2 members. inside story on al jazeera, a diverse range of stories from across the globe. from the perspective of on networks, journalists on al jazeera. around 10 women are being murdered and mexico every day, almost always by men. an epidemic of gender based violence that threatens the spiral out of control. now specialists police squads run by women, a trying to reverse the trend and bring the perpetrators to justice. but can they overcome years of moto culture and indifference? behind the scenes with the fem aside detected on a jose zepada freefall precision. these athletes are experts in the art of jumping out of planes. more than 40 military, parachuting teams have descended here to the desert of guitar to compete for the
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world championship title. the competitors are all active military members and have been training for years to get here. most have tens of thousands of jumps to their names. each country will compete in 3 disciplines. freefall, skydive, accuracy, landing, and 4 way formation. men and women compete separately. but under the same flag, you know, i can't do a story about parachuting and not jump out of a plane as we climb up the teams mentally prepare for their job. i try to do the same then minutes later once the earth is just a blurb, it's time to free. ah ah.

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