africa, thanks to german and french investors. after the 2015 paris agreement, bringing power to senegal into other sun drenched african countries meant investing in this green energy. but since the russia ukraine war, it seems that priorities have shifted both for african and european countries. europe can no longer rely on russian gas. germany and france are now looking to africa, including senate goals, gas reserves, to meet their power needs. the fear of a looming energy crisis means some countries appear to be turning their back on the paras agreement. now set a goal is under pressure to provide fossil fuel energy to europeans. while it's people look towards the sun for power. nicholas hawk al jazeera and good on northern senegal. at least 20 people have been killed in a bus crash in south western columbia. more than a dozen are injured,

the bus is thought to flipped over on a road between the cities of pasco and property in authority. say it may have been a mechanical fault. ah, this is just near to, let's get around them. now. the tough stories, at least 4 people have been killed and 61 injured in iran after a fire broke out at the evan prison into iran. it happened on saturday night. officials say it was caused by fighting between inmates. russell said, god has more from to her on as of now we know that 4 people are dead and 51 injured. and the official said that the people who have died that they were there because of their due to their did the inhaling that the some walk with during the fire that broke out in every, in a prison. and they said that some of them were superficially injured, but 10 of them have been referred to the hospitals. 4 of them are still in critical

condition. so any time the data called called the rise presence, she gen paying says, china must ensure hong kong is ruled by what he calls patriots. he was opening the communist party congress in beijing, z. once again, warranty would not rule out using force to bring taiwan on the chinese control. the people have been injured in new shelling in the russian region of bel got russian officials accuse ukrainian military of showing the area which borders ukraine. the key of has denied this the case new chancellor has vowed to fix public finances. pretty says economic plans lead to chaos. he says he'll increase some taxes and title control on public spending. ultra nationalists, jewish groups have stormed the uk for mosque compound, under the protection of these re police. it happened on the 6th day of a jewish holiday. there's been a 2nd night of violence in the tandem on

a neighborhood of tunis confrontations between protesters and security forces have been going on since friday after the death of a young man you gained is restricted movement in 2 districts in an attempt to contain the spread of the bowling and outbreak of the vice was officially declared in september. at least 19 people have died. these 20 people have been killed in a bus crash in southwestern columbia buses thought to flip over on a road between the cities of past. so and for those that headlines in so i school is next ah is the u. k. prime minister in trouble lives? trust satcher, chancellor, after early

a few weeks in office and reversed major economic policies. a turbulent start for any government, but in a dire economic crisis, how will trust face her challenges? this is insight store ah hello and welcome to the program. i'm emily angland. the u. k. new chancellor says he didn't vote philly's trust in but supports her economic plans. jeremy hunt was appointed on friday after trust sacked, his predecessor kweisi quite ang, just 6 weeks into the jump. his tax cutting at many budget finance 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 many budget. andrew simmons has moved from london. and so another chancellor has moved into 11 downing street, jeremy hunt force in only a 100 days and a situations at sig, strong re, 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 violence 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. your 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 by they could 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 stamina says a change of government is needed on the still one person clinging all the prime minister. no doubt, we'll hear plenty of laughable excuses in the coming days. after 12 years of start motion, that's all her party has left. but even they know she called

fixed the mess that she's good and deep down her m p. 's know something else. they no longer have a mandate from the british people. ah, let's bring in our guest there'll joining us from the united kingdom in that manchester absol con alive a member of the british parliament and a former member of the european parliament in london and pet for an economist and author of the case for the grain a new deal and regularly advice is governments and from bonus to bias ellwood, a conservative member of parliament and chair 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'm wanna start with you. tobias simply will live 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 classroom pulling out a new economic direction. i know that too soon, and in my, my opinion, we had a leadership contest which aust, pocky membership, the direction of travel. and that's the way they wanted to go. 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 after the opposition has a completely different take there, calling it for a general election is that needed? well, i've been so because the bottom line is this was the problem where, you know, the hard from this is not of our governing effectively the government. what we have seen is the chaos and the last 10 years of growth. and here you have a mr who was joined in the hit with the chancellor and when she got into trouble with a 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 truth is, 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 it if i could just get you to react to f. so as he said, trust in the ex chancellor designed this budget together. how come she gets to stay and he has to go i mean that is part of entry system, but we shouldn't dismiss the fact that has been. she's concerned amongst back benches including myself. i'm pleased to see darn me. hunters 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 policy base and ask them views 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 apartment with the parliamentary party at sell your reaction. i think we have is

mostly the confidence that not to market. and i think could be what you have is that chancellor was giving a different direction and you have a crime, mr. it was fun going around the directions. so the us 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 can talk to lots of other countries to day for, you know, just tell you by chance or do i think ultimately the need to do the best that it's actually that are going to 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. what is going on in 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 pre 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 is 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. the point is this, the top of the notch, the toys, and they want to clean up the political scene. 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 reckless. 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 are very, very deep and will take a long time to bend. and when i say scars, 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 people who are going to have to cut back on they spending by, i don't know, 600 pounds of bonds. that's going to impact that a terrorist on them. but also in an aggregate terms, it's going to be damaging, 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, this, the contest free which that was the 20079 crisis, was a direct result of the higher king. hi, kin,

the regulation model. that mistrust is so proud of right? deregulation is what led to restless activities, international financial system and gave us that shock. and then when that shock scar or economy very badly, job just bored and decided to deepen the damage with austerity. so we've had 12 years, of course therapy, that's be faxed to mistrust. and indeed, bar as johnson for johnson was elected on a mandate or reversing austerity of leveling up. not leveling down. and miss truss was actually gained 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 habit of the last 12 years. and it's not

surprising, therefore, that the markets have no confidence in our ages. and may ask this, the markets aren't demanding austerity, what they're demanding is prosperity. they want to say full improvements, they will say people and they should jobs. they want to see people with decent income, said generate tax revenues for balancing the books. if you, if you look over people's wages, which is what's happening now. you know, wait, why is it 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 $100.00 north 30. indeed. and i just want to buy or can jeremy behind the ship what i have lots of lots that was missed over there. i mean, you 1st, you've got coded 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 brit britain 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 warrant, 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 tech, whether it was road. so what this truck was trying to do if i could finish is actually try to provide a more radical approach, which i didn't agree with. but she did, i know the other economists were driving her on to say 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 of 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 creation are investing. and if we have low productivity is because we have low levels of investment. now the back of england is insisted on wrapped up interest rate. that is going to discourage investment and we need more investment in people in infrastructure. we particularly easy just because if they see climate breakdown,

we need to transform 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 a reversal of investment high interest rates a discouragement. both of public and private investments is not good to be very bad for the for 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 at this critical junction and let it clear and we've been asking them to ask you about asking them who was 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 needs

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 us there, hold on to the call me to go. so i think this is going to lead to look. 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 liver or then move it immediately and tested it with disco receipt again. and again, just checking back and letting the damage happen. and then they do the thing they should have. well,

let's look at the cooperation tax. jeremy hunter 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 what 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 these are 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 have 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 at fellow let you respond, sorry,

before i want to make it to this no waiting. now, for the financial statement, when the chaos taking place in the financial markets, the sensible thing to do would be the many by far the statement i guess is what was also the uncertainty and what's gonna happen. i mean, i would like to to vice 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 context. 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 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 how do we cope with our energy bills? how do we cope with the cost of living crisis? how do we cope with our mortgage bills go up? how do we come with the fact that we actually, you know, with those 30 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, you know, changing the tech has

a few like on the same to ship. there is some thing about this government which is deeply unstable and, and people don't believe that simply switching, chances is go to stabilize stabilize things overnight. i'm very worried about the bag convenience determination to just carry on raising interest rates. and it's, that's a 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 going ahead to fight inflation fight high energy and food prices, which have got nothing to do with central banks, but a global that they don't. there's not those pressures, they're not fixed here in britain. they're fixed in the chicago market. sorry that the chicago mercantile exchange see a me so. so the idea, the tensile bank is,

can manage those prices by rac to take up rates in my view is deeply damaging, not just the base economy, but 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 can 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 those in the right of the party. we're 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 will say all connected to eastern europe and indeed ra hand up. so just a brief comment from, you know, call me when briefly the point designed to walk to the heart 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 for dish cups, maybe 50 year after year coastal republic services. i think people are sick and tired, but need to do 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 kahn, and pitiful and to buys 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 for further 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 news ah and a women use brakes. it's not just personal property, but also infrastructure that now leaves fixing from power lines to water me when

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