he said that i've always believed that it is in france, the big rivalry that we've got a big committee community funds. we are a french currently since 1956. we're still dominated by the french. and i think when you play against france, if you lose in place and the community public, very response, really you have to play and just wanted. and i would not be spots for going be front, not at all. every manager in the world want to come in medical english need vastly too big was championship primarily it's, you know, we have spanish managers. we have to make sure we have x dot for every player manager at least level and a lot. so it's difficult to manage to get a job in the school to as a manager because it means all the football. but i do the hot excel. obviously, i'll be busy working. you go, i'm going to make sure that i played in times for the time went to the play to make sure i'm watching it. i'd love to get that to watch that live, but i'm not in position. i've got a job in my hand right now trying to get results. we'd like to to bill for the

future for the so book lot. but we'll be all watching with exciting to watch cripple looking forward to ah, a question of the headlines here on al jazeera in the nation president, yoko window says the world is facing extraordinary challenges. he opened the g 20 summit and bali, the one ukraine, soaring global inflation and us tensions with china expected to dominate the 2 day meeting. our diplomatic editor james baynes is in barley with more of those talks. one of those who has been speaking is not someone who's actually here, and that's president vladimir zelinski of ukraine. he was invited, he's participating by video link, we're told from those in the whole it's been an impassioned and detailed speech. he said it was now time to end russia's destructive war and he called for the restoration of peace and respect for the you and child charter in the principle of

territorial integrity in ukraine and presidents zalinski has visited the recaptured city of her son says it's liberation marks the beginning of the end of the war. he said, ukraine is ready for peace with russia. moscow withdrew its forces from the city on friday. israel says the united states decision to launch investigation into the killing of al jazeera journalist sharina utley is a grave mistake, adding they would not cooperate. she was shot dead by israeli forces in may or carving a raid on jeanine in the off by the west bank. the republican party in the u. s. is on the cost of re taking control of the house of representatives. they've secured 217 seats. are now only one away from flipping the chamber. vote counting in some parts of the country is still on the way. meanwhile, the democratic candidate for governor in arizona katy hobbs, has defeated her trump and dos. rival carry, make a closely fort race between hobbs and lake was one of the most significant in the mid term election police in the united states say they have arrested

a suspect now university shooting in which 3 members of a football team were killed. the gunman attacked a bus returning to the university of virginia from a field trip late on sunday night. the online retailer, amazon is planning to lay off around $10000.00 employees. that's according to the new york times. the cuts at amazon are said to be concentrated among the corporate workforce and in its devices organization. so those were the headlines. these continues here now to sierra after counting the cost states, you've been selected enough over flowing with passion, but desperately under resourced trach. national football team has never qualified for the africa cup of nations. all the world cup al jazeera world asks, what will it take for the squad to find success? poor wilbur t. v for ever sideline judge football dri. on al jazeera

i lay my money inside. this is counting the coastal now desert, your weekly look at the world of business and economics. this week, almost half of all european investments in china come from germany. the chancellor is on the pressure to cut back on business with beijing. but is this country too dependent on the chinese market? also this week leaches should pay compensation for the damage caused by climate change. that is the message from developing nations. at the comp $27.00 climate summits, bots will rich nations for the bell. while the world moves away from fossil fuels

to save the planet, the tiny nation of gayana is balancing an oil boom and its threat to the environment. ah, the ukraine war, expose the risk of germany's decades long reliance on russian gas. it's been scrambling ever since to reduce that dependency. now it appears the german chancellor has another problem, members of his government, the opposition and western allies. a worried about the country's economic dependence on china. all our shots recently went on a controversial visit to beijing, often even more controversial sale of its hamburg port terminal to a chinese company. steadfast and reports from hum beg after rotterdam and antwerp chinese state company, costco has bought a steak in europe. 3rd largest port hamburg the chinese investment in one of the 4 container terminals were scaled down from 35 to 24.9 percent off. the chancellor,

all of sholtes came under fire over the deal, but many in germany are still unhappy. i know it's very about reform, the one hand they want to become independent from russia and on the other. they're given away something so important. i think that this has been a favorite project of chancellor all of shorts, who used to be met and pushes his own interest in not only shoals, his correlation partners who have warned against the deal this concern outside germany to people in brussels, but also in paris. and a lot of other european members, state capitals like there is, there is a lot of frustration and outrage of like, wait, what's germany doing like, why are they going forward this? i thought we were supposed to be decreasing our dependencies when we're talking about critical infrastructure. and we're talking about the nature of china's political and economic system and the nature of a company like costco. i think we should be a bit more cautious, especially now in a post russian invasion of ukraine world. the fact that china doesn't allow similar

investments in its own ports, has also been an argument against the deal for some nervousness about the chinese think. here in germany largest container, ford showed you how to come to the matter of fear that mistakes made will be made again, but so far vicious. so vale, hamburg, see it, it would lose competitiveness against other european ports without cost goes, investment the port was already struggling to attract enough business. sometimes discussions are a bit exaggerated because there is a concern and, and it's an understandable concern. what has happened in the ukraine? we take the concerns serious. they are minor from our perspective a instead of what we can win as a society and of course, as an economy like the german ones, but the whole europe as well. but other european nations have accused germany of

putting their own interests for us when it comes to china. steadfast and al jazeera hamper. let's take a closer look at the numbers. china is germany's biggest trading partner and the value of imported an exported goods, where it's more than 242000000000 dollars last year. that is, up by 15 percent from 2020 or than 12 percent of germany's total imports came from china in 2021. the chemical company b s f is expected to invest almost $10000000000.00 in its new plant in south china . by the end of this decade and china made up 40 percent of volkswagens. well, why deliveries in the 1st 3 quarters of this year. and so was the top market for other or to make as like, daimler and mercedes. now to discuss all of that time joined from london by klaus vist, the son, his, the chief euro zone economist at pantheon micro economics. thank you for joining the program, sir. how important is china to germany's economy?

well, i mean is an important part is important, part of germany is economy and it's important part of the eurozone economy. and i think the most important thing to mention here is that it's in china has become more important over time. europe has become more integrated with china with especially manufacturing goods, but also in overall capital flow. so china plays a big role. minutes, not the biggest role chairman, germany trades more with its neighbors in europe, the u. s. u k. if you look at it, sort of in total trade, i think, but still china is a big part and, and therefore i'm sort of this duplex attentions which is also now along that a west china axis is sort of is a challenge for your and john. but is church is germany dependent on china as because while china tops the rankings of germany trading partners, we also have the united states, france, paul, and other european countries, all representing between 5 and 8 percent of germany's total trade. so it does

appear, they are quite diversified when it comes to trade, while they are, i'm and i, and it would be now be wrong to say that germany is dependent on china in any way. because of all the stuff that germany trade with china, especially on the input side, that is possible, they will be able to get that from somewhere else at least over time. but that doesn't mean of course that you know, a rupture not relationship wouldn't be economically damage. you know, he's not dependent on china, investor. so how damaging would it be? well, i think that there's an economic aspect here. i think that as far as the ask that question depends on how quickly, right the, the severance of the economic relationship with russia, for example, in the context, the war happened overnight or it's happening very quickly. it seems like in this case with china, it's something that's going to be a little bit more slow moving in terms of sort of what the economic relationship between europe in the west and china, it's going to look over time. so, so far it's not something that's really i think that's an acute. so economic hit if

you will. but again, depends on how quickly it happened. why is the chancellor sholpes going against the rest of his coalition partners to continue this love affair with china? given the obvious risks we've been talking about why i think, i don't know whether germany has a specific love affair with china, germany, to trading nation, to trade with, with, with other countries. right. i think that's what's happened over the last couple years is that it's the us that's moved, right. i mean, the us itself has, as a strong relationship, economic relationship with china over time. and suddenly now it's selling the idea that you know where in, in, in an existential conflict with china, of course, it might, that might not be in your interests at this point in time. of course, europe is part of that western axis, if you will. so europe will have to go along with that in a way. so i think, you know, you have to start a little bit in the middle here in terms of trying to maybe avoid tensions that increase too much. but so in a way, i would call it a love affair. it's just,

you know, an attempt to sort of preserve the status quo or not backtrack too much. the, your question is interesting, isn't it? because i guess you could wonder how this gemini is economic ties with china effect the rest of europe. i mean, why so much concern from europe about so says recent business trip to china? well, the concern is obviously that if you do, if you make, if economic integration with china increases at this time where the political relationship has changed. and of course there could be a few political risk element to this, right? for example, this been a lot of talk about allowing china to invest in german, harper and hamburg, and that could be so maybe 34 years ago. that's not a problem. but now with the politics change, certainly, you know, that could be a challenge. we've seen other. ringback you know, examples of this, especially with the classic example with a little further back, was there always 5 g infrastructure investments in europe, where suddenly

a lot of countries decided that while i wasn't allowed to do that, even though a couple of years before, you know that wasn't controversial, so i think it's, it's, it's elements like that where suddenly economic projects and relationships that were on controversial suddenly being seen in a different light. and therefore, you know, it becomes controversial when we, when we talk about the german companies that are exposed to china, all invest in china, do they tend to be certain ones in particular like the car manufacturers or is it a range of company? a range of companies, i would say that a big part of german manufacturing has some kind of relationship with china. this one, either they sell into the factory, china, or the import important and manufacturing inputs from china. right. and as i said before, is part is depending on, on sort of where you are and that value chain and how big your relationship with china, you know, you might be able to, to, to, will increase yourself from that and go somewhere else. so that was difficult to know. so before we see how quickly this moves, we can forget the china itself has had its own economic problems. it's had it's

very restrictive coded strategies. i thought for some german companies to adapt to diversify away from china as possible. i think that a lot of western companies have been quite surprised with that with the turn in chinese politics. and so the an economics and sort of post cove, it seems like she is galvanizing his power in china becoming a little bit more centralized. and of course the serial cobit, i mean there's no end to recover it because you're always going to have a case somewhere. and obviously has probably forced some companies, or at least some companies must be thinking about revisiting their economic relationship of china, or at least as far as further investments are concerned. you also have a real estate bubble that is now bursting in china. and so that also plays into yeah, i think they have, but of course john is still a big market, but still it's just, it's, you're changing market in that sense, for sure. given the uncertainties facing europe and germany, specifically with energy and energy prices and recession and so on, can germany,

ford, keep to keep its distance from china? i mean, i would say over time, you can afford anything, you can just drive but, but in general, this idea that the west is now in a fit in an educational concept. we're trying to china now an adversary both economically and even militarily. perhaps that's just not from, from your perspective at this point in time, just, just not a very good story. europe is not very well. so with that, and i said it's obviously knowing full well the european ally was usa. that's the road we're going down. you know, europe only has one side here and there is no sense in the end. but i think what we're seeing in germany in is, is a reflection of the start at this point. that's just not a, a, in, in your interest, you're still has an interest in having some kind of relationship with china, even as china has changed something different. i think that's what, that's, that, that's what we're seeing. really interesting to talk to your class. vista sen, chief, your zone economist pompeiian, micro economics. thank you for your time. thank you. ah. from

devastating floods in pakistan to drown withered crops in east africa cult 27. summit follows a year of extreme weather patterns. these disasters the estimated to cost the developing world more than half a trillion dollars in damages annually by 2030. and poor countries have been urging big polluters to pay compensation for the losses and damages that were worried. he suffered as a result of the extreme weather. not until now climate financing, his only focused on lowering carbon dioxide emissions and helping communities adapt . but this year for the 1st time loss and damage compensation is top of the cop $27.00 agenda. and the report says, developing nations need one trillion dollars a year in climate finance. but rich countries have so far failed to even deliver on an earlier pledge to raise a $100000000000.00 a year by 2020 to support developing nations in reducing emissions and adapting to climate change. and now of course,

with the ongoing one crane and the cost of living and energy crisis, guessing governments from developed nations to agree to these measures is going to be difficult. joining us from london is kathrina helen brown vaughn's in a and she's the heads of corporate research and had a clean tacket carbon tracker. thank you for joining us. kathrina who's to blame for some of the climate change linked extreme weather events we've seen this year in parts of the developing world. and it's, it's very hard to say there is a him, and we know that they're happening. we know what the cause of climate change are. they are clearly human. it's now the question of how do we come to a climate outcome and particularly now that the process is on a thought that allows us a half way but mitigates the was damage. i achieving a $1.00 degree scenario back in 2009 rich countries pledged this $100000000.00

a year in climate financing to help poor countries adapt to climate change. that was a voluntary system for adaptation and mitigation, rather than the reparation and damages that are going to be discussed this time route. given that target was not met. how optimistic are you that this whole idea of loss and damage will be successful? i think it's a very difficult discussion, particularly in the current context, what you offer assessment recessionary, economic environments, in many regions. it will be complicated. however cleverly, we need to think about financing mechanisms. we need to think about knowledge transfer mechanism, technology support mechanisms, access to finance for developing nations. the whole idea of reparation. reparations is. he's usually contentious, isn't it? i mean, on developing countries concerned that providing funding could be construed as an admission of legal liability. and then end up triggering claims on a, on

a major scale. but really, there are a lot of complexities around that. you've just mentioned some of them. i think it is an area where we think more about knowledge sharing is we think about various areas of financial support. one of the global north clearly has an ability to do that, or that can be various shapes of forms where you do not see that sort of legal risk and aware financial and technology and other support can happen. okay, so let's talk about the fund itself. i mean, how, how do you go about setting up a fund like that? i mean, lots of details to get members to agree on where the money is coming from, how to raise the money, how, how which countries or does ask does qualify for the compensation. i mean, how, how do you put something like that together? well, it obviously requires a lot of for donation it internationally. it also requires

a finance. it requires at the end of the day, what you're looking at, all of these things you need to, to look at private capital supporting projects. a funding is a big fund is one thing, but it also then comes in to, can you mobilize private capital to come in and support projects on a larger scale? and that was one of the challenges we're meeting as well. is that already happening to a certain extent? we think it is, there is not enough back job to actually activate and spark private capital into the entire energy transition sector. you need clear policies. you need support for projects in it visibility and clear government guidelines and strategies and in more places than not. but as i actually just thought their strategies changed to quickly visibility isn't there. and then when you have thought though, you can then mobilize capital and you can enable clean capital to drive forward

market and kick off a bunch of spiral. when you're talking about private capital, are you talking about loans because they are grants to countries at the moment, but that is in the form of loans which have to be paid back at some point. and poor countries struggle to do that. what it is all about, it is the mixture, finance, finance of a, so many rich different structures for possibilities. it, it's a diverse package, what you need. and then it also comes in creating longevity of revenues and business model. lot enable financing. and that enable potential that service and maybe combinations of these things, especially in the early stages, and probably in early stages, you're looking more at grants later on. you're looking at more loans later on. yet you're looking at combinations of other instruments as well. we had some very stark

words from antonio terrace, the head of the un at the opening of called 26. and i quote here we are on a highway to climate hell with our foot still on the accelerator. what did that statement make you think and do you think it's going to motivate and put the world's attention back on climate change? but it definitely was a very strong statement. and if we look at what current pathways lead we can away when there why is saying that clearly we need to be focused on what the actual temperature outcome was. clearly a thought is not in line. what the paras target at the moment. so we would hope that this be focus is attention on to achieving the paras target kathrina, helen, brad vondell, ny and head of corporate research and had a clean ticket. calvin, trucker. thank you so much for joining us. thank you. often it's 1st discovery of

oil in 2015. diana is to day one of industries, big players, a 3rd of all new oil, fines in the world and made off its coast. how such a resource could transform the fortunes of a country with 40 percent of the population and just over $5.00 a day. but as the world moves away to as green energy harvesting the potential riches could prove a challenge. john hendern traveled to the capital, georgetown to interview the nations president. it fun ali the temperate waters off the guy on a coast cover, some of the world's largest preserves of crude oil. but it's not the oil president here find out he is interested in. it's what he can do with it. the story about gonna is not oil and gas. we are a country that is rich in history. we are a country that will be and mark my words will be a leader and for security and our culture. and importantly,

we will be along the best eco tourism destination you can find and that oil revenue may help you get there fast. all every revenue will help us to get their faster guy on his sprawling stop. brook oilfield holds an estimated 11000000000 barrels of crude and after, during one of south america's poorest countries into one of the richest and contractor exxon mobil is discovered 2 more deposits, making that feel even bigger. it's big on an international scale, a global scale, as far as the conventional oil and gas resources being found around the world in the last 78 years. but also at a national level, this is transformative for the country for ghana. critics in the opposition party warn of the so called resource curse that struck other oil rich nations. it's where some benefit greatly while most miss out stock market has gone up in only a few years, 400 percent. but the minimum wage is only gone up to 6 percent in the same time

period. and so you see a huge escalation in terms of inequality. some 40 percent of guy and he's live in poverty earning below 5 and a half dollars a day. according to the world bank, the influx of oil money has raised rents along with a height of buildings in the capital of georgetown center of the petroleum boom. the infrastructure here in georgetown has been growing by the day and for good reason. since i was discovered here in 20151 3rd of all, the new oil found new world has been off. the guy on a comes only a decade ago. georgetown demo, our river was a sleepy port to day. it's a hive of activity, is oil service vessels shuffled back and forth to wash your rigs. the world is trying to move away from oil. do you feel at all like you're in a race against time? here? yes, it's a race again. same with bus, be done response leader in a sustainable way,

but we intend to accelerate the production. speeding up production might help this generation prosper while creating a base for the next. john henderson, al jazeera george down gayana. rising demand for food and falling crop harvest could compromise our ability to feed ourselves crop. biodiversity helps farmers improve output during tough times, but so it does say as much as 3 quarters of that biodiversity was lost during the 20th century. alexander, i'm petty visits, a high tech facility in columbia that distributes crucial seeds to vulnerable farmers around the world. a good, nice, heavy, heavy, the inspect each leaf at this lab ground being claimed here spent the last 4 years studying and nurturing it to save the species from extinction. it went up land. it's a wild variety from costa rica, that's at risk of extinction. this is probably the only remaining specimen in existence. we are regenerating it simulating its environment and these wild spaces

held the key to resilience. genes can offer a solution to water deficits and pest and disease. the seeds of this and tens of thousands of other native plants are collected here on the outskirts of columbia, the 3rd city kelly, for the world's largest tropical seed bank for beans cas of an animal feed plant called future seed in the banks, laboratories, researchers prepare each feed for story to research, selecting the optimal ones in discarding any that are damaged, others work and dna extraction and gene sequencing to decipher in translate to the plants, genetic code, global not experts say it's vital to breathe more resilient cropped varieties at a time when food supplies are increasingly bond, there will to extreme weather deforestation in other human activity. so we have 2 major threats, existential one is the genetic erosion. several of these kind of diversity are

disappearing due to everybody's ation to roads, to, to can fuel activity. the 2nd is climate change. the world we used to cultivate more than 6000 different plans, but it's estimated that about 75 percent of crock diversity has been lost in the last century. the bank hope to reverse that trend. air type packages store bought in 60000 samples of beans and 4 inches and they're kept here in the huge fringe at minus 20 degrees celsius. scientists call it an insurance for the future. peer, we hold the seats that belong the genetic resources that belong to the countries of origin. we keep them, we can maintain them alive and available also to the property. if we just keep solutions to the challenges that we cannot imagine of the moment

already solution for today's cultures the don't. so for the future thanks to the nations. the seed bank is using artificial intelligence to speed up crop analysis and breathing new more resistant varieties, trying to keep pace with an increasingly deteriorating world allison and just to meet columbia. and that is our so for this weight, get in touch with us by tweeting me at molly inside andes, the hashtag a j ctc. when you do or drop us an email counting the colstat out, is there a dot net east ah address as movie online? al jazeera dot com slash ctc check out our website that will take you straight to our page, which has lots of individual reports, links an entire episode for you to catch up on that say, for this edition of counting the cost. i money said from the whole team, thanks for joining us. the knees on out to sarah ah,

spiraling costs dwindling supplies. the shock is being felt around the world with the war in ukraine, triggering gas supply uncertainty. europeans of bracing themselves for an unprecedented winter. al jazeera reports on the human ghosts of the winter energy crisis. it's every football is dream to play the world cup. a new series follows plays from 6 countries and meet some up and coming stars with hopes of making it to cut off 2022. everyone dreams of that ever since we were kids to word the national seem jersey in the woke up episode one looks at how the host nation is gearing up to complete the highest level. the world cup dream cuts all on al jazeera. ah.