ships can be lethal, as it distorts the marine animal sooner hearing and communications systems are we our reveal for the song of the here, rob the engine outside the water. we will have or hear of the, the water is will be a 1000. i'm louder than we are. human ears can't detect it, but it seriously disorient whales and dolphins putting them in harm's way. this boy is part of an ambitious effort by chili's government and g o z, like the mary foundation to turn the pacific ocean into a biological corridor between canada and southern chile. these whales come here and say 2 to blow, but they, they travel all over the pacific ocean. so this is the 1st boy, but there will be others and there will be in the ocean of other of other countries as well. many, many more of the special boys will be needed to make a difference,

but rather than drop in the ocean, this one is being seen as an important 1st step. to see a newman al jazeera santiago, ah, hello there. this is out there, and these are the top stories. anger at the political and economic situation as soon as he has grown into major protests. 1000 turned out on saturday as arrival opposition groups held parallel rallies against present k sign people and to kia all morning. the death of $41.00 coal miners who were killed in an underground explosion on friday night president dress applied on visited the science and met survivors and vowed to bring an end to mining accidents to them concealed who has more from among the various health day. for the victims, families and for the rest were last night. and finally,

the last muddy the worker was found in prisons are gone and has been found them evacuated from the side for 2 people. most of them have been very since this morning and the families are very upset. they don't want to talk to friends, we try to get in touch with them. russia says, 11 people have been killed in a shooting as a military training ground in belgrade, near the cranium border. and so the assailants were from an unnamed for miss soviet nation. they were killed by return fire. meanwhile, rushing forth as a bond, a number of towns recaptured by ukrainian troops in a song. the military is told out there i suspect that the russian attacks on to secure air defense points. and i'm you mission deference but not to advance you case new chances. jeremy hunter's warning of difficult decisions ahead, including an increase in taxes. it's being seen as another blow to prime minister news trust orthography. it was

a mistake to cut the top rate of tax. so the period when we were asking everyone to make sacrifices. and it was a mistake to fly blind and not to back up the economic plans that were announced with an independent forecast from the office, the budget responsibility. both those things have been addressed and runs government says a fire that broke out of the evan prison and terran has been brought under control . state media says crashes broke out between inmates and guards. well, there is the headlines. i'll have more hair off the inside story. ah is the u. k prime minister in trouble lives? trust sat her chancellor, after early

a few weeks in office and reversed major economic policies. a turbulent start for a new government, but in a dire economic crisis, how will trust face her challenges? this is in science. ah hello and welcome to the program. i'm emily angland. the u. k. new chancellor says he didn't vote philly's trust and but supports her economic plans. jeremy hunt was appointed on friday after trust sacked, his predecessor kweisi quieting just 6 weeks into the jump. his tax cutting a mini budget financed through billions in increased borrowing lead to outrage and protests. the pound immediately fell to its lowest level against the us dollar. the

bank of england was forced to intervene and buy up government bonds to stabilize the economy. and with increasing pressure on the prime minister this trusted another you turn on friday. she announced corporation tax would rise from 19 percent to 25 percent next april. rather than staying at the current level as promised by quieting in his mini budget. andrew simmons has more from london. so another chancellor has moved into 11 downing street, jeremy hunt force in only a 100 days and a situations that's extraordinary in british politics right now with less trust, the prime minister having only served for just over a month, fighting for her political life. why? because she promised what, perhaps she could not deliver simply because the markets don't agree with what's going on. there's no proof that the money can be paid back the money that she wants

to use for tax cuts. and so we've had to you turn so far, but now something much bigger than that because the markets and are waiting on what this new chancellor has to say. he's working the weekend, the treasury offices trying to work out a means of cutting back in many areas and trying to give in some others. but really he's going to overturn the whole of what lives trust was promising all along. it's very clear that's going to happen. he did give tacit support in his round of media on saturday morning. but in essence, he was talking about raising taxes and reducing debts where he can, he may actually also make cuts in a whole bunch of allowances and various departments. it is a situation where bile is trust is not really going to get the recognition for any

credibility she may have left. so the conservative government is looking for another leader. there's no doubt about that. the question is, could it lead to a general election? they don't want that, could they just install a caretaker, government, a caretaker prime minister, and basically say las truss good bye. they couldn't pressure her to go. so right now, a new chancellor who has to convince the markets and a prime minister fighting for survival. andrew simmons inside story and we have reaction from the u. k. labor party. later kids stand and says, a change of government is needed. and the still one person, clicking on the prime minister no doubt will have plenty of czar football excuses in the coming days. off to 12 years of stock nation. that's all her party has left. but even they know she can't fix the mess

that she's created. and deep down, her emp pays no, something else. they no longer have a mandate from the british people. ah, let's bring an, i guess they're all joining us from the united kingdom in that manchester of cell con, a live a member of the british parliament and a former member of the european parliament in london and pet for an economist. and also of the case for the grain and new deal, and regulate, advises governments and from bonus. and tobias ellwood, a conservative member of parliament, and share of the u. k. house of commons defense select committee. a warm welcome to each of you. thank you for joining us on the program. i want to start with you to bias simply will lead trust be prime minister this time next week.

well is no doubt about the way you frame that question. it's been very difficult the most difficult summer. i can remember in politics, but this experiment that she put forward to have on cost of tax cuts clearly did not sit well with the market to didn't sit well with members of parliament and didn't sit well with the public. and she's had to learn the hard way that we need to go back to something a bit more progressive, inclusive. and so i'm pleased that it's, though it's been very, very painful. indeed, we now have a new chancellor when the platinum pulling out a new economic direction. i know that too soon. and in my, my opinion we had a leadership contest which aust, poxy membership, the direction of travel. and that's the way they wanted to go. i, i don't believe if we have to replace a prime minister again. we should have to be courting that membership in this way. it should be m p 's to decide the future direction of travel. so we can tease out

the portfolios. we can tease out the parameters in which a new prime minister may want to go and we could have avoided a lot of pain that we've experienced in the last couple of months at the opposition has a completely different take. their calling for a general election is that needed? why been? so because the bottom line is this. so the problem is where you know the hard from this is not of our governing effectively the government. what we have seen is the chaos, the last 10 years. the lowest growth, and here you have a list who was joined in the way the chancellor and when she got into trouble with the kind of a policy. and this is only one of the boss is trying to say, next question is the market forces confidence. and the true, i can see how do we have a company and i do want to get to the economic fall out in just a moment,

but to buy if i could just get you to react to f. so as he said, trust in the x chancellor designed this budget together. how come she gets to stay and he has to go. i mean that is part of the entry system, but we shouldn't dismiss the fact that it's been. she's concerned amongst back benches, including myself. i'm pleased to see jeremy hunter's now joined the team. he'll provide his economic outlook on the 31st of october and that is the process that is our system. i hit labor calling for the general election. we call for general lex when gold brown came in. don't forget, he's the one that sold out gold at the wrong price at the wrong time. so you know, decisions are made all the time, which on reflection you might want to do differently. ultimately, let's see where things go with jeremy han with the statement with the new economic bottle. that's the best direction forward at this moment in time. the idea of

seeing how things go to bias, the british public didn't necessarily vote for trusts or her policies. why should they give her that time? again, that is the british model here. you don't vote for a prime minister, you vote for a party to be in government. we don't have a presidential system in this country. this is nothing new. it comes up every time a prime minister is replaced while in office. and like i said, i don't believe if we did this again. we should adopt these rules where we go to our poxy base and ask them because they have a very different outlook. but m p 's that we do looking at the next general election itself. and i think that applies to labor as well. it was actually william hague, who introduced the rules. margaret thatcher was replaced not with the membership by m p. 's alone. so we go through this process again. i believe it should remain in house with the members upon it with the parliamentary party f sell your reaction. i

think we have is mostly the confidence that not to market. and i think could be what you have. the chancellor was giving a different direction and you have a crime, mr. was fun going around the direction. so the be the whole tension between the 2 forces that we have in government and that is a problem. so you have a history where you ended up before chancellor in 4 months. how do market constant is that? and then when you look at what's happening, i think the loss of the country to day for, you know, just tell you the chancellor will do, i think ultimately the need to do the best that it's actually that are gonna election. but for the people of britain, decide, press government, the government to buy you it smiling or snacking there. that's certainly not your

opinion. well, as i say, it's always the call of the opposition party. when the government is in trouble. when there's a change of leadership, let's have a general election. i've just admitted and made it very, very clear that we got that economic model wrong. that this i did is find a high approach to reducing taxes in isolation because of britain's global position . we are subject to economic international economy headwinds, which we have to bear in mind. we're going to ukraine for example, they need to be factored in. so it's quite right that we do this economic adjustment. we have to wait to see what jeremy hunt is going to do, but he's made it very, very clear. there's probably possibly going to be a rise in taxes. we're going to reverse the changing corporation tax. we've already seen that change in the $45.00 p tax rate arcs to see other changes to which will

be to the liking of the market. i didn't date to m p, 's entity, britain as well. so now isn't the time to hold a general election? well, let's bring in and pitiful. now, speaking of the economy, how wrong did they get it? and how wrong did the tories get it in terms of their, their economic model. so thank you very much, but the point is this, the how much the toys and they want to clean up the political fee and how ever rufus say all about changing up the mess. it's been a politically, it's much, much harder to do anything about the deep scars in the british economy that have been, that are a consequence of this role policy making this wreck this i have to say, i'm holding it by the, the image of the very casual chance the strolling down the street and flinging a good, i haven't grenade into the global capital markets so. so carelessly,

so without, without awareness of consequences. and so the scars from lack of mistake, a very, very deep and will take a long time to bend. and when i say scholars, i'm talking about the 5000000 people in britain who again have to face increase mortgages of higher rates of interests in the next. yeah. right. that's an awful lot of people. that's families. those of people who are going to have to cut back on they spending by, i don't know, 600 pounds a month. that's going to impact that a seriously on them. but also in an aggregate terms, it's going to be data g, further damaging to the economy. and this damage isn't something that happened 3 weeks ago. we've had catastrophe, shock of to shock. and so the, the, the, the contest free which that was the 20079 crisis was a direct result of the higher king hi,

akin de regulation model. that mistrust is so proud. all right. the regulation is what led to reckless activities, international financial system and gave us that shock. and then when that shock scarred our economy very badly, just born decides to deepen the damage with austerity. so we've had 12, yes, of course therapy, that's be faxed to mistrust. and indeed, far as johnson for johnson was elected on a mandate or reversing austerity of leveling up, not leveling down. and miss truss was actually going to level down by cutting taxes for the rich and hammering the poor with deep austerity with refusing to increase benefits align with inflation. so it, you know, the poor british economy has been handed of the last 12 years. and it's not

surprising, therefore, that the markets have no confidence in our ages. and may i say this, the markets are demanding austerity what they're demanding is prosperity. they want to see fully proven they will see people innovation jobs. they want to see people with decent income said generate tax revenues for balancing the books. if you, if you over people's wages, which is what's happening now. you know, wait, wait is being forced down. you low income and therefore you low a tax revenues and therefore you worse than the budget deficit you don't improve. so to buy, that's 100 you know or 30 indeed, and i just want to buy or can jeremy behind the ship what i lost not that was missed over that. i mean, you've got cove it that added 400000000000 pounds to the, you know, the, the books that we had to pay off. you then have the actual headwinds of ukraine, which we could do much more to reduce inflation because of those grain ships and

coming out of a desa for example. but i'll say you're right about interest rate because br britton was wanting to borrow more. now you can borrow less, we've made that very clear. you change the corporation tax, it's $18000000000.00 pounds. that's now been now been found. so we will see interest rates. yes, they've gone up. they are potentially likely to come down as well. what the markets want, in addition to those things that you were mentioning, it's stability, it's predictability. and that's what we're now going to get back to, but absolutely broad. i'll put my hand up and say, we go through a lot of pain to get that. the bottom line, what so we haven't had productivity grades in this country since 2008. so the modeling that we've had, whether it be georgia, whether road. so what this trust was trying to do if i can finish is actually try to provide a more radical approach, which i didn't agree with. but she did. and now the other economists were driving her on to say it was yes,

it's sort of that higher approach of absolutely unfunded tax cuts, thinking that they would pay for themselves that clearly in today's day and age with the economics choice we've, we've faced, that was never going to happen, ok, i want to get and to jump in there and respond and then i would like to bring in f cell after that. so, and if you'd like to briefly respond, what i think, you know, what covert showed us is that the fiscal response, fiscal policy is subordinated to the really, really urgent policy of having to deal with a shock like cove it. and equally today, fiscal policy should be subordinate to the broader objectives of creating a reinvesting. and if we have low productivity is because we have low levels of investment. now the back of england is insisted on wrapped up the interest rate that is going to discourage investment and we need more investment in people in infrastructure. we particularly just because if they say climate breakdown,

we need to transform our infrastructure systems, transport, energy, and so on. in order for us to survive, the next shock that's coming, which is a climate and by a diversity shock. and so that we need investment. and what we're getting now is the reversal of investment high interest rates as a discouragement. both of public and private investments is not good to be very bad, so the should call me as well as of course not be preparing us for the big crisis of climate break app. so what should the u. k. be doing it this critical junction a clear and we've been asking them to ask you about asking them through this many, but you can simply go around spending 60000000000. they're trying to borrow this and then giving that money also too much money to the rich people. the idea that you're getting more money is going to help the doesn't make sense is the who knew

them or how and what they're going to give them. what they do is put that money in the bank. but if you give it to the rest of their whole, i can send it economy to go. so i think this is going to lead to book, and i think we've given the idea of making sure that you're in full text on those companies who is making billions from rest of us that go with tax. that's the best way of doing it. so i just think that having a totally wrong again and again, and one of the other thing i would say is, you know, if you look at the history, you will find that look, that has been difficulties. but it's how you deal with those difficulty, which is the key and the history you will see whether it's a then move it immediately and tested it with disco receipt again. and again, this is going back and then the damage happened. and then to do the thing they should have. well, let's look at the cooperation tax,

jeremy 100 said he will increase it to 25 percent. but to by say, still going to be a giant black hole. how's he going to make the sams add up? well, that's all we have to wait for the 31st of october. what he has done is taken away some of those red lines if you'd like that or used to say that we're not gonna look at government spending and looking at more efficiencies and looking at raising tax as well. so it is a more sensible approach which again the market will like so we have to wait the 31st of october, but what we are going to see is more fiscal responsibility. and it says one thing of the conservatives of always been very, very proud of up until this moment, of course, has about fiscal responsibility. and that's why it's so critical for us to get back and repair that reputation. and where does this leave the u. k. in absolute, let you respond, sorry to my before i want to make it to this not vacant now the still for the

financial statement, but there's a chaos taking place in the financial markets. the sensible thing to do would be the many by far the statement having that gap is what was also the uncertainty and what's going to happen. i mean, i would like to survive play while i was absent and it would be nice to have those that statement brought. busy forward i think we now give jeremy hunt a little bit of space for him to do his homework. what we're seeing here is a radical change in direction. what we had during the summer in the build up in the contest. and then indeed in the last few weeks, so i think we owe it's jeremy to give him the space in order in order to do that. but already, i'm afraid i disagree with seeing the market settle. we're seeing a sense of stability coming in there. we'll look at the chest as to why we will have a better clarity about that on the 31st of october. but surely,

and if i can address this question to you, we need to give jeremy spaces to by says, but surely the u. k. public deserves samantha is now given the uncertainty that has ensued over the last 6 weeks or so. exactly. the question is, you know, the question facing public is hardly cope with our energy bill. how do we cope with the cost of living crisis? how do we cope with our mortgage bills go up? how do we cope with the fact that we actually, you know, with those stairs he and rises in interest rates and the lack of investment? we're going to have a question about employment or unemployment. so the uncertainty for the british public is really intense, especially for families. and somehow or other we, we can't just regain the confidence of the markets or the confidence of consumers by simply shoveling, changing the tech has

a few like on the same to ship. there is some thing about this government which is deeply unstable and people don't believe that simply switching chances is go to stabilized, stabilize things overnight. i'm very worried about the bag convenience determination to just carry on raising interest rate. and it's that bubble out which is causing disruption, not here just here in britain, but globally, the central bankers, all of them technocrats, none of them elected, none of them accountable to the people of britain united states. so europe are getting ahead to fight inflation to fight high energy and food prices, which have got nothing to do with central banks, but a global that they don't. there is not, those prices are not fixed here in britain. they fixed in the chicago market. sorry that the chicago mercantile exchange see to me so. so the idea is

a tensile bank who can manage those prices by rac to take up rates in my view is deeply damaging, not just the base economy a to the rest of the world. and those problems will still be facing us on monday when we have a new chancellor. all right, well we're about to wrap up the show, but i'd like to ask you all briefly. leaves trust repeatedly stressed in her press conference on friday that the public wanted stability to buy. so start with you, what's your message to the u. k. public? let's listen to jeremy hunt. we also need to make it clear from a conservative perspective. we call it have experiments like this britain does well under conservative government, what it's a one nation approach. when we have a centrist approach that brings together the strength about parliamentary policy from all sides of the you know, the both the, the left and the right of the party. and what this trusted at the beginning was to just get all, you know, those in the right of the party were given the jobs. we've got the hard way. we

only have one song to get it right. we're changing the direction we need to add to that the political direction and finally the international direction as well. there's a gap in the market for international leadership. and i like to see britain step is that the tackle the oil gas, and indeed the food crisis that we say, all connected to eastern europe and indeed ra hand fcl. just a brief comment from, you know, call me when briefly the pointing up to the right, the people walk ability but the hard pace. while we had from the tory government to decades, the buyers will have the lowest growth in the history. and still there was one produce cuts, revenue, 50 year after year coastal republic services. i think people are sick and tired. we need to do about that. we need to have a good election. ok, well, we have to leave it there, but we appreciate everyone's thoughts. thank you to all of our guests, s l con and pitiful and to buys l would. it's been

a fascinating discussion. thank you to for watching at home. you can say the program again. any time by visiting our website, al jazeera dot com, and prefer the discussion go to our facebook page, that's facebook dot com, forward slash i j inside story. you can also join the conversation on twitter. i'll handle is a j inside story. for me, emily anglin, and the entire team here in the ah stories of hope and inspiration,

shook documentaries from around the world that celebrate curry and resilience in the times of tamaya. al jazeera select on now to day on november, the americans war vote. all the seats in the house of representatives at 35 percent of the senate will be contested. americans are expected to split on strict ideological lines with abortion and the economy named as the key issues. the results will define the rest of your biden's presidency and put americas democratic principles to the test. special coverage of the midterm elections on al jazeera ah.