economy named as the key issues ah, the results pulled to find the rest of job biden's presidency and put america's democratic principles to the test. special coverage of the midterm elections on al jazeera. the wait for the wilcox is mainly as the main event gets closer. oh, just hear us every step of the way. oh, i'm john again. with one month to go, we focus on age teams can expect some strong support. hearing. got caught up with the pressures of hosting will australia make the most of squeezing you through the player or will it be south korea, japan saudi arabia or iran progress for this world cup countdown on a jesse uta. ah, investigating the use and abuse of power across the globe on al jazeera. ah,

i'm marianne, mit and london al main story. now, britain's prime minister liz trust his sack to chancellor quasi quite tang and made another major policy. you ton a government his reverse controversial economic policies that had triggered financial market turmoil. what i will now be replaced by jeremy hunt back to trust his main rival during this year's leadership contest. if banker reports from london, this is a government fighting for its survival. the prime minister list trust announcing the sucking of her main ally, the chancellor quasi quality of the reversal of financial promises that has sent the u. k. economy into free fall is clear that parts of our many budget went farther and faster. the markets were expecting said the way we are delivering our mission right now has to change. we need to act now to reassure the markets

of our fiscal discipline. trust that a planned freeze on corporation tax will now be reversed in a painfully awkward grilling by the press. yes, he has. okay. because the for out for how come you get to stay? well, my priority is making sure we deliver the economic stability that our country needs earlier. the chancellor quasi courting dash back for meetings in washington for crunch talks, would trust only to be shown the door. do you feel that you've been betrayed by the prime minister? they'd entered office together as ideological part as bent on massive tax cuts and debt funded borrowing. but there are many budgets spooked the markets, causing the pound to plummet from ascending the cost of government borrowing. soaring, well, our jam trust has appointed jeremy hunt a form of foreign and health secretary to replace quoting. he's a respected faith and the conservative party who back the former chancellor re she soon act over live trust in the race to become leader. it's hoped he'll help unify a party dog by in fighting in london's financial center,

quoting departure was welcomed with a collective sigh of relief and questions about the prime minister's future. you've got to be a pragmatist. if you pursue dogmatically your ideology, it will end in disaster. as you just see, a credible is that i'm not surprised. i'm not surprised in a really bad job. i think probably the worst of ever see it for a good me for the country you think? absolutely. yeah. we need stability. it was on a viable for him to carry on doing what he was doing. i mean, who's as crazy and what is his me for trust you think? i i cassie hogansville. so see how he says, oh, sustainable is less than 40 days since louis frost walked through that famous black door was the country's newest prime minister. in which time the market would be left in turmoil divisions within the will, the conservative party have deepened. the policies, reputation for fiscal responsibility has been shattered. this is dana battered and

bruised. she lives on her premier ship looking more more precarious. by the day. the bulk of al jazeera london. meanwhile, the international monetary fund is slashed, its economic full cost for europe. the font is predicted growth in developed, european countries will fall from 3.2 percent this year to just point 6 percent in 2023. it's as the war in ukraine as hits in europe post pandemic recovery, along with sky high energy prices and a rising cost of living. the i m f is urging europe, european leaders to make tough choices and efficient and ukraine's has roches call for residents to fi. the harrison region amounts to deportation. not evacuation keeps as its forces of may significant gains in the southern region. the russian installed leader in the area called on civilians to leave on thursday citing daily rocket attacks by advancing ukrainian troops. but ukraine rejects accusations that had targets its own civilians. harrison is one of 4 party occupied ukrainian

provinces annexed by moscow last month. and iran supreme leader ali hon, the nie, as warned people protesting against the government, that islamic republic can't be destroyed. exactly 4 weeks is the death of 22 year old massa armine for, it has to say she died off to being beaten by morality. police for not following the mandatory dress code guidelines. the bottom line is coming up next with steve clemens. i'll see you later. ah hi, i'm steve clements and i have a question. how does the united states get africa so wrong? and why are other powers like china and russia and turkey making more headway on

the continent? let's get to the bottom line. ah, no one can blame africans for assuming that the rest of the world has very little interest in their continent, except maybe for extracting natural resources, like gold and oil, or buying weapons and counter terrorism. former us president george w bush famously referred to it as a nation instead of a continent with $54.00 very diverse countries, each with its own unique interest in history. president trump had awful things to say about africa, and we're not going to repeat them here. the west simply hasn't updated its views on africa for centuries. either it's a place for global competition between the great powers or to need of christian evangelism or it needs help with food and medicine. there is an enormous gap between the realities of africa's dynamism and it's diversity. it's entrepreneurship that make the nations of africa, many of them, some of the most fascinating places in the world. so as the united states missing out on the reality of africa the day who's getting it right. and who's filling that

vacuum to day, we're talking with xena guzman, senior fellow and director of the africa program at the carnegie endowment for international peace. and previously at the world bank and inca auto k, a veteran journalist who's been covering innovation in africa for a long time for reuters courts and were recently semaphores where he is the africa editor and i'm also editor at large, so he's a colleague. is he not? let me start with you and just ask how outdated is america's conception and engagement with africa as a continent? the perceptions of african, the u. s. a very much outdated and i would say that they are stuck in the 20th century for the most part. you find this across various levels of american society . so overall, africa is seen as a humanitarian case rocked by conflict by corruption by terrorism. and in need of aid, as you mentioned in your introduction, all of these things are true. the problem is that they are incomplete. they present

an incomplete picture of where african countries are today. sol, within the american government, things are starting to shift. but overall africa, as soon as she might turn back quarter, that is not central to us strategic priorities. as you have in the case of europe, we can see with the one ukraine, all of the billions of dollars, the ukraine and even even even other european countries have received or the case of parts of asia. so africa is not seen as the as corte strategic parties. president biden has lots of africa since he has zoomed off is over a year ago, although he has visited europe his to the middle east with for the trip to saudi arabia. right. president trump never stood africa, i'm cold, africa used very colorful language to describe africa. i mean, just would say he used abhorrent language, current language, absolutely. at the level of economic engagement investments in trade. we're also

seeing that the numbers are really decline and precipitously take trade. for example. you trade between the united states and african countries has actually declined from around $160000000000.00 in 2008 to just around $64000000000.00 today. and most of that is actually when you just look aggregated, it's mostly involves oil and gas, extractive industries. it's not really trade in substantial things that can really transform our for going economies. i like what you have in china with the case of china. so trade between china and african countries reached a historic high of over $250000000000.00 in 2021 last year. and then finally, all of this is tied up with i would say media narratives on africa in the united states which are still very much dated. again, this perception that africa struck by coal flaked. it's the humanitarian crises, all of those things. and unfortunately,

i think they affect how ordinary american c africa. you have a lot of reluctance for many people to engage with a part of the wall that they feel is very, very problematic. but when we come to the issues of talking about, you know, africa and what is happening there, i think part of the question is, why are china turkey even russia getting that story and americans are not to your points about dynamism. it is also the place with the world's youngest population and you know, it's often even that sometimes is portrayed as a, as a has a problem as a, as a disadvantage. but actually, the world will be relying on africa workers in the next 30 to 40 years because it is the only content and actually producing people who will be the future of humanity, really, terms of, of young workers. but also, if you look at it today, there's a fast growing, fostering checkups across the continent. which of the,

you know, some of the one place in the, in the world where the, the slow down in tech investment hasn't happened. more companies are coming out of there, and often even that story is told is african companies doing stuff for african people. but actually, increasingly because the same issue about young tech workers and where talent is what the internet has done, this is opened up the well. so even the young tech workers are beginning to be the tech welfare for massive companies like google and microsoft are on the continent. if i were to kind of look at that kind of a ingredients, if i wanted to kind of recreate what happened with say, the asian tigers, the tire economies that, that grew so quickly and fast part of it is having a big population. part of it is having human capital this there you've got 1200000000 people. as i've learned from your article, i should tell people you can read saying i was working foreign affairs recently how america can foster and african boom. but you document in here that here you've got a 1200000000 people, greater greater investment in human capital,

a very young audience tomorrow is future global middle class, a big chunk of it will be in africa. and so i guess my question is what needs to happen by way of the social contract and some side of some of these african nations to fuel some of what you think it was just referring to the economic dynamism and you know, is there a space for someone like america to be part of it, i guess might, it might part of does it matter if we're part of it? yes, a very, very crucial questions. i think i'm going to build on what you said about africa population and also i guess africa fundamentals. those fundamentals, whether it's the demographics, whether it's the economic structure of african countries, they present both opportunities and challenges. unfortunately, the narrative today over emphasize on the challenges, right? so, yes, this conflict us as violence in certain parts of the continent. but actually, when you look at certain analyses that have been done by what it's entities like

statistics and all those, the world's most violent cities, the top 10 only one is in africa. cape town, all of the other cities are in latin america in brazil, and mexico, etc, etc. right? so it's just that the challenges in africa are over emphasized. and the fundamentals to day present opportunities and what are those opportunities we, let's take demographics. for example. the continent has the walls fastest growing population, and it's also the world's youngest median age in africa today is around 19 compared to around 13, the middle east. and in south asia, in asia, compared to around 38 in the u. s. and in china, and also very important compared to, i think, 4445 in europe. so africa is a young pop continent and it's growing. it's going to be the continent with the world's future labor force. so already, you know,

if you want to think future labor force and future buyers, future future buyers, future consumers. and we've seen already, entities from china, haven't made a lot of headway on this front because they've seen that potential. so mobile phone companies like trying to see and became global market need us to day because of their investments in africa. whereas companies from other parts of the world in the early thousands felt that africa were to port afford mobile phones and their examples like that across the board. so the challenges today when you look at it and you invest there and you create opportunities for all these young people, become opportunities for companies in the future. right? so i think it's a matter of a mindset shift. and then to the last part of the question, is there a rule for the u. s. there is, of course, a huge role for the us to play. you look at the competitive advantage of the us, the way i would frame it anyways, in terms of private capital. this is the world's largest markets economy. africa

countries need investments, right? it's actually a debt of investments, especially around infrastructure in the early 2, thousands that made a lot of african countries tend to china because they will not get in the vestments from what, some bilateral lenders, or even from the world bank and other multilateral lenders. they tend to china, those investment needs still there. the content needs about a $150000000000.00 every year for infrastructure investments. the continent again, needs that are on $50000000.00 for climate adaptation. right? to be able to invest in, you know, climate resistant, agriculture, crops, buildings, bridges, etc. those are all things. so the u. s. can help with digital technologies. you know, we have silicon valley if companies want to expand to new markets today and in the future, africa is the place. so there are so many examples like these that i can bring that there's so much that can be done. the u. s. has a rule to play, but the mindset has to shift to see africa, not just a continent of problems, but

a continent where when you think innovatively of addressing those problems, you come up with solutions that work for africans. but that also work for the investor and the partner country. right. well, let me ask you, you know, their companies like qualcomm and microsoft and mastercard, that i happen to personally know are investing and building teams to approach the africa market. much more earnestly and to invent to kinda look at that going on. i'm just interested, you know, we're still, we haven't talked many about this sort of member states, but you know, you're going to be at some of, for folks in fall, you're african newsletter by the way, but you're going to be a sim before writing about nations and summers and some of the economic dynamism i just be interested just top of mind. you know, what are some of the stories that you think are worthy worthy of writing in specific countries? i think bay, much about i have a big biased towards tech and innovation. and fold it and get in touch with

something that then a touch on the about the way because of a lack of is traditional a legacy of a lack of infrastructure and various challenges. you see some of the most creative solutions to problems on the continent. and what we're finding more or more is the story, the i, the stories i'm looking at. all stories about african companies folding problems at home, but then taking, taking those solutions to other parts of the world. right. go, good, going into left america. there are couple of companies that i know, but you know, obviously we want to break excuses on this as you know, steve, but then a couple of companies that are going to be launching in in brazil that have started out in canyon niger. and we're going to see that kind of thing happening more often . we're also going to see more. the story has obviously been

a lot about china coming into to africa to invest. but increasingly, we're going to have more stories about japan and turkey and all the sources of a fairly wealthy countries that are not traditional western countries. all china, who all will also see the opportunity of both investing in being a supplier partner. but also seeing a market opportunity as well on the standing that you know this, this, this 1200000000 people or even more. busy can, can be incredibly promising market. so i think that i think that we're going to see a lot of that the and let me ask you a question and i don't know if i get this right, but i'm going to try. i think there's also a sense that african leadership does want input from various places once investment. but i think part of the social contract,

the expectation is that african matters in africa. leaders should also care about other things in the world that there are public goods problems around the world, whether it's climate, whether it's transnational crime, whether it's, you know, any number of other issues right now. the invasion of ukraine by russia, and when president lensky was going to speak to 54 invited leaders from africa for leaders showed up. i guess my question to you is, should we have greater expectations as we look at what the united states is not getting right in this, which i want to get at. but are they in terms of african leadership not stepping up to some of the big global challenges to show that they're connected to things beyond app or is that a part of going up the ladder if you will, of both development and international respect? so absolutely. you know, african countries need to step up

a bit more. i would say they would need to step up more internally and address certain governance challenges that are hobbling the large economies, the large countries of the continent. and you think about nigeria, the democratic republic, of course, when you mentioned governance, are you really st corruption? so it's not just corruption. corruption is one aspect of it, but we cannot reduce the entirety of the complexity of governance to just corruption. it's really around delivering public services, public goods increase in standards of living, increase and prosperity, stability address, and in new qualities. given people of inclusion and fairness, all of those things they need to be address, especially in the large economies. and in a way that is in the 1st, that's why they're not really punching above their weight in many respects. so, you know, absolutely, and that responsibility lies with african countries individually, but also collectively. and we're starting to see progress on that front. they came

together, the $55.00 countries of the african union to put for the vision of an integrated continent to the africa, continental free trade area, which is the world's one of the world's largest retreat areas. there's an agenda 2063 to industrialize, and transform the continent. haven't said that though, and that. and that came into force last year, right? the africa continental. free trader, i think about a year ago. right? yes. so, but hadn't said that they know and identified the responsibilities of african countries, i think, a global level. it's also the fact that there's, there's a lack of representation, equitable representation and multilateral for us. where in the case of the united nations of the united nations security council, the permanent membership, you have 5 countries. there, the snow african country. we have a country that is a member of the un security council. i'm not going to mention it. it has a population of 60000000, but the african continent,

whether it's niger with 200000000 people, or if you're p o with close to 100000000 people or the d r. c, there's no representation of the african continent. a toll. there's no representation, even of india, which has 1500000000 people. so our global governance institutions are also not very equitable in terms of our presentation. if we want african countries to step up, they need to be at the table when it comes to the g 20. there are 19 member states of the g 20. as well as the european union. they are opinion and has 27 countries. and a population of 450000000 people. why is the african union with 55 countries and a population of post 1500000000 people? not a member of the g 20. so if we want african countries to step about, i think they should step up on globe issues. they should be given a seat at the table of decision making. and it goes like that across the board. you

know, the membership and the shell hold in on the votes him part of the world bank and the i m f. the location of special drawing right across the board. you find that african countries sometimes are completely excluded. so for one them to step up to the plate on decision making, they need to be given a seat at the table. that's fascinating against, you know, you and i have talked about the african leaders summit, which is going to take place in washington d. c. in december of 2022 and in that summit i'm interested in the arctic. ok. analysis of, you know, to get to some of the points that i've just mentioned, which is to measure whether any successful structural shift occurred, you know, is it greater representation or at least american support for greater african representation in some of these international institutions? what would you be saying this was either a failure or this was a success?

you know, after that some it occurs? well, i think what we'd be looking out for is, you know, how, how, how seriously did the u. s. the vitamin ministration. take this event, just something that they felt they had to do. was it just a saw the convenience event before by those terms out. because to the point about biting that actually go into the african continent. only sending out secretary blair and can kind of one of the mission that what people want to hear, what those leaders want to hear is some serious commitment from the u. s. government towards african countries to that points about what sort of investments are you actually going to make? or you just are you just that, you know, doing the usual sort of ticking boxes and making sure you'll see for photo

opportunities. well, actually we actually could get anything of substance in terms of key decisions, the key investments, you know, every, every, every i don't know was every to every 3 years. the chinese have the, the focus conference with, with, with african leaders. and it goes back and forth between beijing and an african city. and there are actual substances, issues of substances, sort of elements that come out of those, of those meetings every 2 or 3 years. this, this needs to happen with, with the biden and destruction. all always like with the u. s. government with any u. s. government, it needs to be a regular, a normalized sort of events rather than a kind of happens this time. and then you do hear about it for another, for 5 years and, and then sometimes another administration comes in as a complete change of sort of, you know, attitude towards africa. there needs to be some consistently and they need to be

able to come out with actual sort of, you know, frankly just call it what it is, but them dollars not. i don't know what they actually want to do with the african continent. i'm interested in, as you look at china and turkey and even russia, which you have written about who are now significant players, china, the biggest investor in africa today. what are they getting right, that america is not doing and needs to pay attention to? to begin with, i would say that i, i think the u. s. is starting to recalibrate it's thinking on africa, which is a good thing. and in fact, in august the year, a new strategy towards sub saharan africa was published by the bite in administration. that and visions and new partnership between the united states and african countries. and that is a very good start, of course,

that there was the us african liter summit, which is coming up in december this year, which is a follow on to the 1st summit that was done in 2014. also, during the time of barack obama, all of those are good, but they're not enough more needs to be done. so what is that more that needs to be done? and if we take the example or take a cue from what china, cherokee and others are doing so well, i think the 1st thing is really the mindset shift that this is a continental opportunity here. talk to whether it's chinese entrepreneurs or even some government officials. they would tell you to us, we see many parts of africa as what china is to be 20 years ago. like we see the potential here. we see that there's a future middle class and they need services. they need schools and hospitals. they need mobile phone, all of those things and those create opportunity. so is a mindset shift that there are opportunities here as well as there are challenges.

i would say that is really, really the main thing. perhaps the 2nd thing is also that that africa is crucial to global issues. not just in it's, you know, africa as a silo, but africa, whatever happens that is going to affect and shape the rest of the world. you know, we're already starting to see this, you mentioned the ukraine, right? you know, the votes in the u. n. we cannot just ignore africa. what, what happens in africa? much as for the rest of the world, and the u. s. can actually support some africa initiatives from africa causes whether it's, you know, join in the un security council, the permanent membership or the g 20. there are things that the u. s. can use its influence. it's convenient power influence, particularly with the european allies to push those courses for africa. political economists, dana guzman and journalist got out of go. okay,

thank you so much for being with us today. so what's the bottom line from algeria t, as in bob way, folks in africa are busy building biotech hubs hosting innovation challenges and scaling their entrepreneurship across the continent. america is still there, but faintly, most of the fresh ink on the deals that will bring major economic development, or either chinese or russian or turkish. america still looks at the continent through archaic lenses, a poor war torn place, dependent on outsiders and in need of saving by the west, and more recently as a base for special forces and counter terrorism. sure, there are real hot spots, but washington is generally losing out countries that have updated their worldview on africa, or making partnerships and planting the seeds for the future. and if washington doesn't do the same, it's gonna miss the proverbial african boat. and that's the bottom line ah,

on changing the cost, ok, plus has agreed to major oil production cut us is not happy. we explore the relevance of the i, m f. as the outlook for the global economy gall could possibly find out how some african countries are making the ship, the green energy counting the cost on outages. eda a with lou.