hotels and restaurants are filling up once more. it excites me that the people are still excited enough in this country to flow here to see it. they still look at it as historic, and i hope we never lose that. i, you know, it's obviously good for the space program. it's good for the country and certainly good for the city of tide as well. and of our county, you know, we're back in o and is the kind of the saying goes, now we're going to the moon. nasa says it's set to launch the are to miss moon mission on saturday after problems with an engine cooling system, delayed lift off last week. space coast spectators will be again packed along these florida shores. john stratford, i'm 0 ah . the top story is allowed to serum, for lancaster disgrace. former president has returned to the country less than 2

months after he fled during the nation's worst economic crisis in memory. go to by roger pack. so was blame for pushing for lanka to financial disaster, as protested across the country rally against this rule. ahead of the u. s. atomic watchdog says he's worried about ukraine's operation nuclear plants. raphael grossey has just returned from ukraine. he confirmed to i e. a inspectors will stay at the site permanently to continue to monitor the situation that it was captured by russian forces. in february, there are fears. shelling in the vicinity could cause a nuclear disaster. we have been seen a military activity around the plan and i was able to see myself and my team impact whole markings on, on buildings of and so we means that the, this is kind of the for seen, has been violated, not once,

but several we believe and i continue to believe that this vision is extremely complex, extremely challenging, and it will continue to require the permanent, the permanent support and the monitoring that we are trying to provide now that we are, they're rushing gas flows to europe via the north trim one pipeline are suspended state energy giant gas problems. as a current reopen, the vital delivery mechanism. due to an oil leak is not clear when it will reopen. the decision followed and an announcement by g 7 nations to count the price of russian oil exports. supporters of argentina's powerful vice president of gathered in boiler series after christina fernandez the kirschner survived an assassination attempt outside her home. the president says a man pointed a pistol at her, a bought point, blank range, but the gun didn't fire. at least 47 people,

including a high profile clara could have been killed and a blast, enough canister. and it happened near historic mosque in the western city of iraq. those are the headlines came to the cost is coming up. next i go away. this is a region that is rapidly developing, but it's one also that is afflicted by conflict. police collapse. we've tried to balance the stories, the good, the bad, i believe. and he's the people who allow us into their lives. dignity, intimacy. ask you to tell their story. i lose hello, i'm money inside. this is counting the cost and al jazeera this week. unprecedented flooding in pakistan has left more than 1100 people dead on his display. millions,

the government estimate damages of nice $10000000000.00 a blow to the already struggling economy. the race for the optic global warming is causing i sheet to shrink opening up new shipping lanes and access to vast energy resources that has increased geopolitical tensions as world power tried to tap into the regions economic potential. also this week, microsoft partners with katara to launch a global data center, the 1st in the region to develop digital capabilities and support innovation across industry. stay with us as we look at the world of business and economics. ah, we begin in pakistan. the most devastating flooding in decades has left one 3rd of the country under water unaffected,

at least 33000000 people and tire villages. off the merged roads, bridges, and railway lines happened, washed away, and farmlands have been destroyed, displaced pockets, danis need food and water, and the threat of waterborne diseases is growing. well, the government says it could take up to 10 years for pakistan to rebuild and repair its infrastructure. the planning minister says preliminary assessments suggest losses, of least $10000000000.00 out of time when the economy is already struggling. more than 80000000 hexes of crops happen destroyed. agriculture is the biggest sector and contributes about 23 percent to pakistan's. g. d. p. rivers have bus their banks and dams have overflowed, damaging more than 3400 kilometers of road railway tracks and bridges. as well as home schools and clinics. they've been dropping this report from the village and

sin province. one of the hardest hit regions the, this is the faith of hunger. to describe what is happening here as desperation. trivializes the extent of the suffering the we spoke to 1st on as she was headed into the fray. she says she had no choice. and who do go now? oh, houses have fallen down. don't have changed. we can't shade our children from the sun. now houses have been submerged. i swear to god. there is nothing. while our belongings have been washed away, we poor children are sick. they are just sitting there. senior army officers leading this relief operation, tell us their orders are use a light touch, help everyone. but making sure the weakest in the crowd, women, children,

the sick and elderly don't get pushed to the back of the long. often requires for the armies arrived at this village, this much needed humanitarian supplies food mostly. and there's been a scramble at the supply truck because people here know that there is not enough for everyone, but they are still the lucky ones here across the way where the road has been completely washed away. or people cut off from other villages. and they are just hoping that someone is able to swim some supplies over to them. who is the most deserving. who should go 1st? seems to be an impossible decision. i know we, but if anybody is young and there's no reason to worry, god willing it will and we'll get something. okay, but calmly wait your toe and every one will get help. reassurances bring peace, but only briefly. i, as the trucks begin to empty, panic returns and people jump the queue once again. that survivors say not to

do, sir, is to choose death. if they don't get food will just a duck and die. what else can i do? i don't have any bread. i don't have any water. all the children are starving. bringing order to the chaos caused by floods is an unenviable task. and one that has only just begun to take a more in depth look at the consequences of the floods on the pockets on a economy on join. now from islam above by b khan who is the group chief risk officer at condos, pucks don financial services. thank you for your time, sir. pockets on planning minutes. the said this week that early estimates put the damage from the floods at more than $10000000000.00. if that estimate is correct, how devastating a blow is that for its economy. so that is a fairly early estimate. we expect something around $20.00 to $25000000.00

to be the total economic cost. once the water receives the dust settles and we can really see what really happened right now, what's happening is because the rules and the infrastructure is on a broken large truck saw send them will just stop, which are the hardest ones that are under water. it's not even possible to take relief, watch the hardest areas, so it will take time before we truly understand the gravity of the situation and the economic costs. if we have to assign a number toward, i would say needs to be at least $20000000000.00. if not more so double that estimate. we know the agriculture makes up 23 percent share at the countries g. d p . more than 80000000 hector's has already been destroyed. of onions, tomatoes, rise, other crops. what kind of impact is not likely to have? that is going to a fairly massive impact on economy growth as well as what are the inflation and

more importantly, food security. now what's happening here is the rain struck send, which basically wasn't growing at this point in time, right. and gotten no, right. we had a major export, right. so what's going to happen is we won't be able to export, right. they will actually be a shortage of rise in the country. so doc would lead to increasing probably. right . similarly, a lot of condiments and budget tables fail also been just trying to, including announce tomatoes, which are essentially stable goods that higher prices for them prices for to meet or the onions of increase by more than 100 percent or the last few days. because the infrastructure is broke in, the supply chains are broken and it's not possible to take tables from one point of the country to another. that's where the government is really focusing on in opening create with india, so that we can import these essentially the stables. let me pick you up on that that point about importing because pocket stones economy was already struggling

with a huge current account deficit, high inflation because of over reliance on imports. and now as you say with so much of the food destroy, they're going to have to import more. this couldn't have come at a worse time. could it for the countries finances? that is correct. this is possibly the worst time. the major will actually happened on the day when i'm, if program got through. so we're looking at additional deficits around $5.00 to $6000000000.00 in addition to the different back or there earlier. because i said earlier, we won't be exporting a lot either. that's right. but we will have to import additional food as well. so the balance of payments is going to be literally only a few hours, but we have the finance minister coming live one tv that be make go to the i'm if again for another. and we didn't the facility so that we can bring the different search required for importing food. the i m f has agreed to give pocket done, as you say, this lifeline of about just over

a $1000000000.00. if they hadn't received this tron if money was there a real concern that the country might even default? no, it wouldn't have resulted in a deformed because for a default to happen, you need to let and not be able to pay money or pay back the bond or excel debt or bias on a house sufficient fund or a place to ensure that it is able to be offered to extend that credit does, but that would have meant matchup was 30 and part time which would and significantly higher prices of food and everything else and even rationing. we talked about the short term need. things like food shelter, but they are, of course, the long term needs. once the floods go away, the rebuilding infrastructure. i mean, what kind of costs are we talking about? we're looking at massive cost. sure. just a rough estimate. we're looking at at least $3.00 to $4000000000.00 for just

revamping the wrong network and building all the bridges that have been destroyed. it's about $4000000.00 off public capital, public money that needs to be re rested, to go back to a basic. similarly, about a 1000000 a house has have been destroyed for me or partially of that. those roughly 700000 houses aren't similar. so we estimated roughly $6.00 to $7000000000.00 of just reconstruction costs. that would be from private gap or not. these are people who are already fairly below the forwarding language, show them and they have seen the line they have seen the crop for the year completely gone to. so there is a capital crisis as well as the private capital does not exist, really rebuild. and that's where the government is also going to step in android. some kind of a facility to enable or support rebuild involve houses. infrastructure focused on suffered from similar, devastating floods back in 2010. were any lessons learned from that disaster leave

. know that since we're not from that disaster, we are still building houses. they are still building and what's a stablish means on riverbanks? we're still building we're doing construction in our growing robin. so there is a severe, i would say, lack of compliance with building for the infrastructure guidelines, but you actually leave still such a law says run flat. really, really interesting to talk to her be con group chief risk officer conduct pocket on financial services. thank you. you the now we go to the north pole, a country border, the arctic circle, and many of the territorial waters and exclusive economic zones overlap. it's harsh climate has been a natural barrier. what would the effects of climate change warmer temperatures

have made the region more accessible, and that is opening up a new front line in the battle for natural resources and maritime trade routes estimates very. but about 15 percent of the wealth, untapped crude oil and fed. if it's undiscovered, gas is hidden below the surface and as i sheets melts, they're presenting opportunities for energy companies to explore oil and gas reserves west trillions of dollars. the arctic is a major source of mineral deposits vital to developments in science and technology rep elements. the used in smart phones and computer hard drives, while platinum group metals like palladium have medical applications and i use in the manufacture of electronics like catalytic converters. i'm the icy waters, a rich in plankton and fish stocks the ought to. coastal states china and the you signed a tracy last year to prevent unregulated fishing in 2800000 square kilometers of

international waters. it aims to ensure that future fisheries in the central arctic ocean will operate sustainably. the northernmost region of the planet is warming up 4 times faster than the rest of the world. and far more quickly than scientist had predicted. reset shows nearly 60 percent of the polar ice cap has disappeared in the past 40 years. this is opening up the northwest passage as a short cut for shipping between europe and asia. joining me now from the city of chrome, sir, in no way is mobs. christopher dixon, math is the executive director at the arctic economic council, which is an independent organization which represents industries in the arctic region. thank you for joining us. mads not the arctic is quite different from other parts of the world. many people might not be familiar with it. can you tell us

about economy? what does it involve? traditionally, there are 2 region has been, you know, a place for tourist shipping for many years and, and fishing, but, but it's also, it's changing, it's changing a lot. this year we have bird school farming. satellite companies are looking north bio innovation, but overall you can say the arctic region is the region of opportunities for many, many countries in the world are struggling with the energy needs at the moment. so how have the global demand for energy resources impacted your economy? people are definitely looking knowles for many reasons, but also for energy reasons. traditionally, we had the, i mean, this region has been and 11 way or another energy export or from any years. but in, in the past 50 years, it's mainly been oil and gas and you'll have it in alaska, you'll have it in no, no way. and of course, also russia, russia is heavily dependent on, on, on the oil and gas being the dues, and l n g being produced in the arctic region. but let me say it's also else i thought the energy sources else have renewable in nets like your thermal in iceland,

women, finland, hydro, norway, and even solar panels in small communities. but energy is, stephanie, is a big employer in the region, and it's, it has a big economic impact for the communities there. you mentioned russia, russia, the rich resources you are talking about have drawn rival countries like the u. s. russia and china to compete for strategic influence in the arctic. is this a good thing or a bad thing for the optics local economy? i mean, more attention is always good for small region, so we are massive region when it comes to land mass, but we're just for 1000000 people. so the reason has so many of in a post a bar for climate change until political challenges and, and now we also start seeing it isn't coming up. but unities as i mentioned, like energy and fish and is also home to many people. so people will like investments, people who are like investments and infrastructure, and the attention that we see from countries like india, china, japan, etc. that's a positive interest. 60 percent of the polar ice cap has disappeared in the past 40

years, which has opened up things like the northwest passage, which is this short cut 1st shipping between europe and asia. how beneficial is that going to be? i mean, the people low false living in dr. we're really the 1st to see and experience the problem of climate change. a recent report for some years back showed that global warming happens a 3 times the speed and arctic. and now both read the news is even full times and someplace it's even 7 times the global average. it had some opportunities in it, but also a lot of challenges that challenges are like permafrost, routing infrastructures, new with hurting drones for indigenous communities. but some of the opportunities is, as you mentioned, new shipping routes on new fishing areas. so what we have to be aware is we have to find the balance between, you know, responsible and sustainable development. and we also have to remember that the global melting of place here in the north also affects the rest of the world. it does indeed. so what can be done to stop this damage and what is being done about

it? a lot is being done. i think the most important thing is we don't stop punishing the people in the arctic. those form of the people are not emitting all the seo tool that it causes this climate change. but we definitely feel the impact. looking at the positives, i think we should look at like developmental hydrogen. so through dr. region companies are investing in hydrogen because we have a lot of renewable energy. you can also see companies investing in battery production for electric vehicles. so we have to start looking a new technologies, we have to do some kind of energy, transportation. and also we also have to look at climate mitigation for those communities affect the, the climate change. how is the arctic going to be able to help with the man for food? i'm very glad you bring this up because i really think this is a perfect opportunity for the arctic today. only 7 percent of the world's protein intake comes from sea food. and we, in the arctic region, i mean we are, we are a big land mass surrounded by water and we have

a lot of fish to feed the world. so we, but we have to look at, it's not only about the fish, but it's also using more of the fish. so countries like iceland, countries like norway, a very, very far with bio innovation, like using fisk and for pharma surgical industries, food security. if you want to talk to kids, you should definitely look up north and you should definitely look told opportunities. what about tourism? you talked about how tourism has always been a staple for the arctic, but surely it's now becoming even more accessible to people. i think, i think after the co, with, after the pandemic, a lot of people says, do i want to go to, to paris berlin, london. or do i want to go to the wilderness in no, no way where i live, for example, do people want to go out the door and experience the beautiful nature? and that's really what we have to offer. like where i live. we have northern lights, we have whales outside, we have, you know, perfect for skiing, you can write a doc sledge and so on. we just have to be careful in these small,

fragile communities that we don't get mass tourism has to be high in tourism and i'm sure we can get that one of the other issues with seeing as the planet gets hotter and hotter is that people have to find somewhere else to live and people are moving north. what opportunities can this part of the well provide for immigration migration? i mean we love migration and immigration because 1st of all, as i said, we have massive area, but with only 4000000 people. so we got plenty of space from all people. some of the biggest challenges for the arctic region is one is attract the more investments . and secondly, it's like tracking people. so we have a traffic challenge like anywhere else in the world, that's urban station. people are moving to the city, people are leaving the region and we have, we have, if you want to work with the green transmission, if you want to work with hydrogen, a battery production, you really have to move up north and is also a very easy place to move to apart from the climate can be difficult for some people. really interesting to talk to mud chris, the physics, an executive director of the arctic economic council. thank you for your time,

sir. thank you for having me. good thing. here in katha, microsoft has partnered with the ministry of transport and communication to launch a cloud data center is expected to provide digital transformation opportunities for organizations and businesses in the region. the center aims to establish katara as a digital innovation hub in line with its national vision 2030 expected to add $18000000000.00 to the economy in the next 5 years. it will also create 24000 new jobs and we skill 15000 people every year for future positions. the data center establishes capital as home to one of the largest cloud infrastructures in the world, serving more than 20000000 businesses. out is there is some a bunch of items at the launch where he met lana class country manager at microsoft castle and hassan justine, aside from the ministry, a transport and communications say it tells us why cast a needs

a data center and how it will be beneficial, well, very happy to have our 1st data center over here. partnering with microsoft. we believe in the ministry of the data center is one of the building blocks that fosters the i c t development in country and accelerates a digital transformation that we are we in the city as well as a country general heading to so we, we think the data center will bring a lot of benefits for both for the public sector in terms of accelerating, they did tell the transformation which in turn to bring a better efficiency, better services to the public, as well as the private sector, it embedding an ecosystem around the data center,

so basically the data center on its own as a starting point, allow either companies with local companies to innovate, as well as to foreign investment in countries very quickly. so how does it work and how secure is that data going to be? because if companies have not been going to work the digital transformation before, probably convince them now. sure, definitely the security is an important matter for us. and we understand that there would be some worries about having, especially the sensitive data and public. so for that way we and the ministry, we have a reduce in me this year, a framework, a cloud security framework that protects the kind of data.

and we are actually in the process. so if we are so good using a digital issue of policies to ensure all of this, the private information is kept secured. and whenever we think about data, we think about security. how secure is microsoft network and why should people trust it? thank you for is definitely the 1st thing for anyone to adopt any cloud technology out there is they need to trust them. and microsoft runs on trusted. we invest more than $20000000000.00 and we have an investment of more than $20000000000.00 on cyber security for the next 5 years. we have more than 100 global certification on our cloud, more than any other cloud provide that out there in the world. but also we want to have not only that, that, that has a dc, we also want to comply with the local policies and those. and this is why we also

are the only cloud provider today that we have acquired the and i a national information insurance policy certification from the national cyber security agency . and when we think of data centers, we don't think of data centers in the desert. it is going to require a lot of energy to keep it cool as you know, that computers need to be pulled down. so why choose cutter and isn't that going to be detrimental for the environment and very cost heavy microsoft data centers. i've been on the highest standards of sustainability in any country in the world. so definitely i would a data centers and cut that will achieve what everyone 93 percent more energy efficiency and more 9 to 8 percent more in carbon you than any other tradition. now, you're telling me that it is going to be more sustainable to have an interest in the other rather than having somebody in europe or our

ability to open an activities. and we're also taking some more measures on the ability that you will hear about fully utilizing many of them that's got that has a question in the invite. and so definitely every country has some has when some has, some has done some others. but everybody and every country can contribute to sustainable at the end will be able to design a sustainable data sunset in any country. and that is, so for this we get in touch with us by 20, meet at multi site, and use the hash tag a j c t c. when you do all of that email, counting the costs at out there at dot net is addressed as movie online on al jazeera dot com slash ccc. got

a website that take you straight to the page which has individual report links. and then i asked you to catch up on that fit for this edition of counseling because i'm mulling by e from the whole team. thanks for joining us. the nice on out there is next. i for the latest news as it breaks. doctors here tell us that they're desperate to get more antibiotics and other medical supplies between those who are injured with detailed coverage for pe walker under you and youngs applied for granted over there . fry until that demand for bag is matt from the round the world given as the new king to pots i'm about to hear. the warrior continued to sing his praises and destroy the loyal b. o. the land of the free

americans never been a rural democracy. the black people would never experience democracy may be excluded divisions and struggles in america's electoral system. a fight foreign against equal representation, and the democratic process is the country that's learning how to be a democracy, but it's not there yet. one person, one vote on al jazeera ah less than 2 months after he fled the country ousted president, go to buy a roger pox or returns to sri lanka. ah.