lesson but abs if sir we do not understand properly. ah, what exactly the lord weird incapacity of particular if the city gets developed and if we cut a slope region to make a road and get it horizontal, then we need to assist that region. very critically. scientific we're similar. cracks are also appearing in cardinal period, 80 kilometer south of jewish. how much people across the region are growing anxious and many are worried. they could lose their homes and livelihoods forever. park you met then? i'll just eda jo. she might northern india. ah, this is al jazeera and these are the top stories. despite the near full evacuation of the city, the battle for buck moved in ukraine's east rages on. nearly all 70000 residents have left, but buckman remains

a key target for russia. as the military intensifies its assault on the city. ukrainian authority say there is little hope of finding any one else alive in the rubble of the knee pro apartment block hit by russian missiles. at least 40 people were killed in the attack on saturday. dozens more are missing. who was whom of thug? no political way of not one girl is in grave condition. she is 19 and now in the emergency ward, not one with you. and there were 3 people in the ward, including the girl. boy, they were admitted with wounds after the explosion, to have relatively severe conditions, including head trauma, bella bruce and russia begun 2 weeks of joint military exercises. they've held joint drills during the past year since russia invaded ukraine. this time, the beller russian defense ministry says the exercises are defensive. germany's defense minister has resigned as the country faces pressure to increase its military. you support to ukraine. christine lambert said the media's focus on her was getting in the way of

a factual debate about defense preparedness. her successor will be announced on tuesday. a vigil has been held in the paul for the victims of a plane crash on sunday that left 72 people dead. about a 100 people gathered outside the tribble von international airport in the capitol cut man, do. nepal observed a day of national morning on monday and set up a panel to investigate the country's deadliest crash in 30 years. italy's most wanted mafia boss has been arrested after 30 years on the run. police detained mateo messina dinero in the sicilian city of palermo dinero had been convicted in absentia for being behind killings and bomb attacks, and was given a life sentence. he's considered the last remaining godfather of the cosa nostra mafia. somalia says its military has re captured a town from osha bob fighters. the coastal area had been under the control of the armed group for the past 15 years. the government launched an offensive against shabbat. in august. there been violent confrontations between protesters and the

police and sri lanka, capital columbo, hundreds of students were calling for the release of a prominent activist who was arrested 5 months ago. those are the headlines. the news continues here on al jazeera, after inside story. thanks for watching. ah is globalization coming to an end world leaders, this is gathering and dumb, also debasing ways to revive the global economic order off to cov, at 19 and with the war in ukraine ongoing. how realistic is that?

and found the job lisco challenges to be overcome. this is inside story. ah hello and welcome to the program. i'm laura kyle: the richest and most influential leaders on the planet have kicked off that annual world economic forum in the swiss alpine resort town of devils. they began gathering this week and so to protesters. oh no, they include a group of millionaires who want the walls lead to get serious about global wealth disparities of activists on demanding stronger action to tackle the climate crisis, including curbing the oil and gas industries. i'm here with patio,

the millionaires, the you k has come out to join the high in the protest here because we're in favor . well talk to the really want to reduce his level of wealth inequality in the world that so corrosive to society. you give your government permission to tax you and to reduce your wealth, the governments could do much more useful things with your money than you can. we see that the ref is in whiting a lot of companies that are doing harm, that are not accepting youth rise that are doing that that are while eating the climate in different ways. countries like 3 lanka, son via who are struggling and measured that crisis. they cannot afford to come out of this crisis because black rog refuses to re re negotiate and to cancel this debt that is urgently needed so that we can take climate action and take care of our people's in the glow of south. well inside and sticking to tradition, the ws founder and executive chairman clash schwab gate, the opening speech saying here we are at the beginning of see new year looking

ahead to our future, characterized by unprecedented would to pro crisis and even worse. so as economic environmental social and she'll political kaiser's icon watching and conflicting creating an extremely rural sub tile and uncertain future. it's no surprise. so generally, the are all stuck in a crisis mindset and said leads to short term decision making said may have long term and intended damaging consequences. divorce? oh, shift said mindset. or meanwhile oxfam has released a report to coincide with the opening of devils. it says extreme poverty and extreme wealth have increased simultaneously for the 1st time since the beginning of the century. it says the world's richest one percent got

a lot rich over the last 2 years. they are mass more than 40 trillion dollars worth of new wealth. higher cost of living and inflation and making the disparity worse food prices are now unaffordable for many, roughly 800000000 people are going hungry. oxfam is calling for the walls, wealthiest to pay higher taxes. it says a 5 percent tax on millionaires and billionaires would raise around $1.00 trillion dollars a year, and that could lift $2000000000.00 people out of poverty. ah, let's bring in our guests now. and in london, we have max lawson, head of inequality, policy, and advocacy at oxfam international and divorce is shirley hughes, senior practitioner fellow at harvard kennedy school, and member of the devil's expert network. and also in london, in the jeep palmer, professor of international politics at city, university of london, an author of foundations of the american century,

a very warm welcome to all of you, especially you shirley, and a very chilly diverse there. it tells us what's the mood like. it's not a particularly lifting opening speech that we had class schwab, giving the sense that the world is changing and not for the better. we certainly live in the increasingly fracture world and thank you for having me from novice to mar at the matter of fact, at the very 1st class session at the world economic forum is going to be at the bait on globalization versus rico overlays. zation, china is actually under represented at this year's doubles china. it's all one of the, some major economic elephants that seems to be missing in the room. however, we're starting to see a lot of emerging economies that are coming in big time out on the promenade. always see malaysia house in the a house on a deal in the anesha house. the, all of them are parked to, with people. so what were i living in the interesting world? at the moment?

it's just explained to us the difference between d, globalization and re globalization. want to these terms? mean? i think we have to read vision, globalization, what we have seen in the past of 4 years for 5 years or so. is this a comprehensive decoupling between the worlds, the 2 largest economies, the united states and china, from trade to investment flow to our technology and essentially to rules and norms and by use. and that is not going to improve our any time soon. and so again, we are seeing both china in the united states are trying to remove each other from the core. oh, could you say, shall i supply chains? the u. s. talks about the synthesizing china from the social or technological supply chain and chinese talking about economic self reliance, which is essentially the americanizing it supply chain. but at the same time are stating the world's, the 2 largest economies are recalibrating their global supply chain. so very much

are in the developing world and overlapping. so i think in the future, we're going to see a different form of globalization with the u. s. and china at the center. and we are likely to see 2 parallel systems of bo, global supply chains. and the audi, either of multilateral architecture, lex, what's your view on this? so, reordering of the global system is something that ox famines, national, has long called for. i should imagine. it's not quite in line with the way diverse, sees the future. but what does oxfam look for? i think we're looking for a more equal future. i think we're looking for a future where there is a lot less wealth and power in the hands of a toy and a group of people. and yes, we're seeing some re calibration of between the great power blogs for nothing has stopped the enormous accumulation of wealth, whether those a chinese billionaires or american bananas. so we would like to see a fair version of globalization, which is more of the value that's created in the world, can't for those of the bottom,

not captured by those of the top. and that doesn't seem to be much evidence of the yet. do you think globalization in itself is a good system? we would certainly be in favor of a fair globalization. we don't think the old countries can or should cut themselves off in any economic sense. but we do think the globalization we've had over the last 30 years is manifestly failed apart from those at the very, very top. and we're seeing tremendous hardship at the bottom. it's really hard to exaggerate as all the time we work with some of the poorest people in the world, in africa and asia, but also here in the u. k. where you've got many of the people going to bed hungry . that is not a system that is working for anybody. and i think the anger, the failure of that system is what's driving the part of the reservation of politics and populism. so globalization is clearly failed. and if we're going to have a new globalization, it has to be very different indeed in the change. what does

a farrah. busy globalization look like and kind of realistically be achieved. i think it's great questions on the fair globalization isn't exactly along the lines at max said that, in fact, you got to go to the root of the problem. the root of the problem is that hyper globalization of seen the rise of the trans national corporation to the center of world economic distributions and world economic power. and that power has effectively been used in order to concentrate grade levels of wealth and income and also political power and agenda setting power in the hands of relatively few people . and those sort of masters of the universe are assembling in divorce now. and i don't believe that they actually have any kind of realistic solutions to the problem and a large number of the party don't even see it as a fundamental problem. so i think their interests are very much kind of short term profit lead

a few look further ahead and look at the instabilities. the instabilities of domestic political systems are the tensions military tensions between various strategic rivals, the militarization of governments, and so on. increase on spending, and that instability that comes from that military competition. but i think most of them seem to be thinking that they're doing very well. they have large amounts of wealth and power. and i don't think they're going to be fundamentally tackling any of those kind of core problems, despite all that kind of domestic and global, a crises which are kind of overlapping in what people used to call 900 years ago. the italian philosopher marxist communist leader, antonio grand, she called it an organic crisis. a crisis at the very heart of that system shall, is that a fair criticism of dev, also, or, or reflection of dabbles at the global elites and the masters of the universe has ended e, cause them and they examining, are they aware of,

are they discussing the problems of the boss in 99 percent of the world there is certainly a increasing disconnect to hear between the worlds of billionaires and economic realities of the why to developing world. however, talking about though the issues including climate change of poverty elimination and a lot of the de bought development issues, particularly surrounding africa, are very much on the agenda at this year's dallas farm. i wanted to say though, a talking about a poverty immune aisha would use, which is so much in the protest. the currently over the past of for decades sir. so we are seeing china being the biggest, the variable in lifting the largest at a $100000000.00 middle class on to the global horizon. and i think fundamentally you order to address the poverty issue development is really the ultimate solution . if we were to look at india, a 1000000000 popular asia, we look at africa over a 1000000000 population. we're looking at oxy on the emerging economies in asia.

another 1000000000 population we're talking about. if we were just able to develop these economies and the conversion ensured the global north that we're talking about the lifting billions of people in the coming decades. and i think that is the fundamental solution to global poverty. alexis, a fair point, isn't it? the current system has indeed lifted many, many millions of don't millions of people out of poverty. is it not just needing to be a continuation or reimagining of that current system rather than stripping it away and starting again. i think if you look at the distribution of wealth and income by the last 40 years, remember we only have fallen on planetary boundaries is limits to how much we can grow and keep our planets safe. when you see like 2627 percent of all $0.26 in every new dollar going to the top one percent and crumbs going to the

bottom. yes, it's true. over a long period. you do lift people above the extreme poverty line. you means they're living on $56.00 a day instead of $2.00. that isn't achievement, but we could have done so much better. we've had a fair distribution of wealth over the last 40 years. it's so inefficient to give almost all of the wealth. and as our report shows today, 2 thirds of all new wealth in the world has gone to the riches one percent. the people who don't need it. that is incredibly inefficient. so yes, it drags out the poorest above the extreme poverty line, but enormous cost and enormous inefficiency. so i don't think more of the same is the solution. and i do not think that as we always say with devils asking the arsonists how to put out the fire is a big mistake. these guys are the main beneficiaries of the last 40 years looking to them for solutions is and so forth. aaron, but it is an opportunity as

a and i wanted to write this question back to shirley. it's an opportunity for oxfam to present a report such as it's done and present a solution as it's done, which has to tax the richest people in the world around 5 percent to create a huge funds that could then lift billions of people out of poverty. davis presents an opportunity to present this solution to them. you wouldn't have a st devils existed. but sally, crucially, a people in dab was going to be giving it any credence when they came to discuss it . i think of poverty elimination and addressing the global unit quality and the content with that currently with the u. s. a. raising the interest rates. i was talking with a lot of scholars from the immersion world and they are say, now we are facing a double edged sword. if americans are feeding the pains or the west is feeding the pains of inflation just think of bad to people in africa. they are feeding the pay

not only from inflationary pressure or that are essentially spilled over from the default world that they are actually being of, you know, they socially, they, they are facing, i depreciating local currency as well. so it up sure that they feel so much more pain in the developing world than the default worlds. and so i think the voice is here that are coming from the to bobby world are making that very clear to the global north. that a lot of these fundamental you shoes me to be resolved. well, these global elise take seriously this issue of being taxed 5 percent for that particular question. now we have to wait for the coming davos week in the coming days to see a if there is any serious discussion about it in the day. what's your feeling on that? do you think this is a solution that anyone at davos will be taking seriously? should they be taking it seriously?

well, of course they have to take it through. they should be taking it seriously. but the problem is that they are structurally embedded in a whole system of profit making, which is very short term and related to their own particular institutions, corporations and so on. and they're very, if you kind of, if you like, laws that you could pass at the global level where this would be, they would be forced to. so what that does is create the floor clearly, but it's weighted towards people who can pay a membership fee of several $100000.00 a year, who have to then pay $29000.00 to attend this particular meeting. a quarter of them are actually big corporation and their representatives, and you're asking them to tax themselves for the benefit of mankind. and when you look at the entire development agenda for the last 5070 years, they've been talking about alleviating poverty, alleviating hunger,

greater equality in the world, and so on and so forth. but they have not really achieved it in any kind of great way. in fact, they've been failing all the time, and the structurally, the qualities have continued to increase on globalization as it how to that. so the current form of globalization has had some benefits. but for most people in the world, it actually hasn't. it has made their lives a far worse and looking to devil and the billionaires. we gather that on their corporations. i don't think, i think you may discuss some problems. but i think that market lead corporate lead solutions are very, very unlikely to lead to any kind of solution to, for ordinary people struggling in the world today. like the, the, the, are you into accidental antonio terrace. he is outdoors. he's going to be calling where he has in the past, we called for the reform of what he calls morally, morally corrupt, global financial system,

that this needs to take into account countries vulnerability. and certainly in terms of natural disasters that are coming fast and, and frequent with climate change, not only take into account countries, g d p, i mean, this sounds like a great idea. but again, is it realistic? i think it's really important to grasp the seriousness of the moment and it's not just ordinary people all over the world facing a cost of living crisis. entire nation is facing a cost of living crisis off the back of things they did not create. they didn't create coven 19, which economies incredibly hauled, and they didn't ask for the spin of impacts of the war and ukraine, and the spiraling interest rates in the us. so i think, you know, developing countries already very, very angry after the same vaccine inequality, which seems not a long time ago now. but in the memories of policymakers,

they saw the rich world basically look after its own citizens and ignore everybody else. and now they can see very positive spiraling up and as your other family said, interest rates rising in the u. s. has a huge impact on the cost of that re payments for countries worldwide. so i do think developing countries are very angry. i think they want to see significant changes to the way the global high natural architecture is organized and to see a situation where we have for the 1st time, again in 10 or 20 years and in the for the lowest extensive world war 2, the world bank said the global inequality, that is the gap between the rich world and the poll world is growing at a foss, this rate that we've seen since world war 2. so that's, that's why you're seeing this anger for developing countries. but let's not forget this also within countries too. so here in the u. k, here's divide between rich and poor. so it can be a bit simplistic. we see the rich world of the fact or the poor world as

a good guy we're seeing in leads all over the world, many of whom are at us making a lot of money out today's economy. so it is about inequality within countries. and between them. interestingly though, surely we have noticed that a lot of the political leads where she's soon as the appointment of the u. k. joe biden, the president of us even a manual micron of france, a not a pairing at davos because to stand there in the face of people struggling in the home countries where the rising cost of living doesn't look great into this concerned of us as a forum and its future douglas, it stops certainly as institution had the light of but you should to, to consider in water to have the sun long longevity or even relating to the most part and then to global issues. certainly. but let me allow me to explain mr. a 1st hind post coded at that in the depth. so flip her world to leaders and the

policy thinkers, a thought lead or sorry, are appearing in davos. and so there is certain amount of nostalgia that there is certainly a lot of changes as i personally observe in this year's davos from 4 years ago. this morning. i attended a couple of fun events that are related to block chang and the financial technology and very, very enthusiastic crowd. and they were asking questions about how these are the centralized, the financial technologies are going to help address the fundamental or financial issues that developing worlds or facing and really on promenades. we're seeing a lot of thought developing world presence. and also a lot of the block chain technologies, the mat averse and a lot of the disruptive technologies this year. so i think there are many, many aspirational agenda that are beyond the political strive that we had for world of face to day. and we're seeing a lot of technologist, that davos is that gonna read this year. and the of these technologies, they are

a really sherry ideas that can best at not only disrupt the west, but also into grading the developing world with it. and i, when it comes to political issues, a very big agenda at davos saw it. so this fundamentally debate about democracy and, and i'll talk or see. and we are seeing a large delegation from ukraine that are essentially participating at every level of talbot discussions this year. and i think the wet is probably going to show a foot or side of solidarity a facing that are facing our world today. entity on that into notes of innovation that shirley was still humans davos, having a great spirit of technological innovation. how key is that going to be in finding global solutions to global challenges in this world that is becoming increasingly fragmented? absolutely. i mean technological solutions to major problems like climate change

and so on are, are fundamental. they're really important. but the key thing about technology, it's not a neutral force. technology is in the hands of some people who own or control it. and then they're deployed in order to make very large amounts of money for themselves and government that and use that and incentivize their companies to do those things. so the key issue then remains that although you can have new technology, just like you had new vaccines during the covert, 19 pandemic, which is the ongoing, they use all vaccine nationalism, is the key question at the core of everything we discussed today, really is who holds power, who benefits from the structures of power at the world level to day? and what we see is, is in the hands of very few people. but we also see at the other side of it, which is right across the world, we see people going on strike, people marching against climate change in the climate emergency and saw people sort

of fighting for their democratic and economic rights, et cetera. we see large numbers of ordinary people in various ways resisting this and demanding alternatives. and but we see that governments are all the world over . i'm not really listening very much, and i think they need to see in a way that their own long term interests are, are deeply destabilized by political forces which don't, can't live in the old way. and if the government can't produce and the big corporations can produce, then they're going to be even more political instability, political, which may force other forms of reform and change as well. which may be very difficult to contain. a thought that we must leave our discussion on saturday. thank you very much to all our guest, max lawson, charlie, you and energy palmer. and thank you to for watching. you can see the program again any time by visiting our website as al jazeera and com. for further discussion to go to our facebook page, that's facebook dot com forward slash ha,

inside story. you can also join the conversation on twitter handle is at ha, inside story from me laura kyle and the whole team here in doha. it's bye for now. i'm ah i for the 1st time in his young life, you know, gets his 1st taste of chocolate. he's been walking on his complex cocoa fall for 7 . yes. you know, father says he put his son to work to prepare him for life's challenges. they do have a bad so i don't have any money to pay labor and because there are no schools nearby

to accommodate all the children. they help with the farmer, children as young as for i brought to farms to become conditioned to such an ottoman just they grow. actively say more than half of all children living in agricultural areas. i engage in work, most of them dangerous work across west africa, one and a half 1000000 children. i involved in cocoa farming many work as time laborers and, and less than a dollar or nothing at all. pharmacy attempts by western cocoa biased or for stone prices is keeping hundreds of thousands of children out of school and condemning them to a life of poverty. and they argue only by them receiving better prices and education being approved. can the lives of children like you know, can poor to on counting the cost to china's strength cobra policy is eva. will that help jumpstart the economy? europe's energy crisis east, but the continents might not be out of the woods yet, plus weeks for why young educated involved with attending to farming county the

cost on al jazeera. the world economic forum returns to dabble since january to assess the global economy reshaped by the pandemic. and the war in ukraine can lead us from government and business, prevent a promised decade of action. becoming a decade of uncertainty, extensive coverage on al jazeera, singapore drug led to a string execution, devastating family and talking where both one on one investigation on the al jazeera aah. i manage enjoying doha. these are the top stories on al jazeera in ukraine's east. a fierce battle for.