it seen where the events have killed thousands of people over the last decade. expert said they've been wanting the government about the dangerous pace of development for a long time. the situation, whatever has been given some say authorities need to study the impact infrastructure projects or having in this area, developmental or activities are all saudi court. and we also have to preserve bird the ecosystem of the molar which is a for sale. but her, if fair, we do not understand properly or what exactly the lord weird incapacity of the particulars if the city gets developed. and if we got a slope just to make him road and get it horizontally, then we need to assist that region. very critically. scientific we similar cracks are also appearing, and gardner proud 80 kilometer south of jewish mud. people across the region are growing anxious, and many are worried. they could lose their homes and livelihoods forever. poverty methods al jazeera, jo,

she mart northern india. ah, this is our to serve these you top stories. russia is escalating its bombardment of the cranes city of bar, moved on to monta, fighting its forces are trying to secure rad military victory in the eastern region . as equating forces digging in united nations, atomic watchdog says it's increasing its presence at all ukrainian nuclear facilities to help prevent a disaster during the war. the head of the i a e, a raphael grossey made the announcement your visit to southern ukraine. e priority now is to ensure the security of the safety of a plant. it doesn't matter what we can discuss of this moment on, on, on, on how you legal issues. would we need to prevent this an accident?

or would we need to make sure you said this blunt, or is it safe condition, you know, variational condition and likely prevent this. this tragedy from chem and chance are all of shots is due to appoint a new defense minister this tuesday. christine lambert resigned as the country is under pressure to increase its military support for ukraine. she's been blame for failing to modernize the army. china's population as declined for the 1st time in more than 60 years. the birth rate in 2022 was the lowest sense records began, as despite efforts by the government encourage families to have children recovery teams and the poor searching for the 2 remaining passengers. still missing after sundays plane crash, 70 people have been confirmed. dead authorities have begun releasing the victims bodies to their families protest against peruse present dina. blue art

is showing no sign of easing demonstrators in the capital, lima, a calling for her resignation and elections, weeks. a violent protest broke out last month after the former president heather castillo was impeached and arrested. those headlines coming up next inside story. the world economic forum returns to dabble since january to assess the global economy reshaped by the pandemic. and the war and new crime can lead us from government and business, prevent a promised decade of action. becoming a decade of uncertainty, extensive coverage on al jazeera is globalization coming to an end world leaders. this is gathering and deb also debasing way to revive the global economic order to cov, at 19 and with the war in ukraine ongoing. how realistic is that?

and can the geopolitical challenges be overcome? this is inside story. ah hello and welcome to the program. i'm nora, kyle, the richest and most influential leaders on the planet have kickstart that annual world economic forum in the swiss alpine result town of divorce. they began gathering this week and so did protesters. ah, now 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 1000000 s u 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 to 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 you've rise that are doing that that are while eating the climate in different ways. because it's like 3 lanka son via who are struggling and measured that crisis. they cannot afford to come out of this crisis because black rock refuses to re re negotiate on to cancel this debt that is urgently needed so that we can take climate action and take care of our people's in the global south. well inside and sticking to tradition, the ws founder and executive chairman clowe schwab gave the opening speech saying, here we are at the beginning of see new year looking i had 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. some may have long term and intended damaging consequences doubles. oh, shift said mindset. or meanwhile oxfam has released the 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, welfare 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 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 up lifting opening speech that we had class shrub 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 mara. as a matter of fact, the very 1st class session at the world economic forum is going to be at the bait on globalization versus regal overlaid zation. china is actually under represented at this year's doubles china. it's all one of the so 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 because i'm out on the promenade. always see malaysia house in the a house on a dea, indonesia 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. could you say, shall i supply change? the u. s. talks about the synthesizing china from the social 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 other are multilateral architecture. next, what's your view on this? so reordering of the global system is something that ox, herman's 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 tiny 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 been a man. 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 for those of the top. and that doesn't seem to be much evidence of her

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 and 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 can realistically be achieved. i think that's great questions on the fair globalization isn't exactly along the lines at max said that in the fact you got to go to the root of the problem. the root of the problem is that hyper globalization are 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 great 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 diverse 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 are governments and so on. increase arm 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 a 100 years ago. the italian philosopher marxist communist liter antonio grouchy, called it an organic crisis. it's a crisis at the very heart of that system. so is that a fair criticism of dev also or, or reflection of diverse at the global elite and the masters of the universe has ended equals them. and they examining, are they aware of when they discussed thing,

the problems of the bottom 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 the issues, including climate change of poverty elimination and a lot of the default development issues, particularly around the africa, are very much on the agenda at this year's dallas forum. i want to say though, a talking about a poverty immune asia. what is, which is so much in the protest, the currently over the past of for decades her. so we are seeing china being the biggest, the variable in lifting the large is that a 100000000 middle class onto 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 insured the global north, then we are talking about the lifting billions of people in the coming decades. and i think that is the fundamental solution to global poverty. alexa, fair point isn't that 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 re imagining 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 finite planetary boundaries as 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, a 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 as 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 suppose 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 it ever 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 trusting the global unit quality and the content with that currently with the u. s. t 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 at the west, is feeding the pains of inflation. just think about the people in africa. they are

feeding the pay not only from inflationary pressure or that are essentially spilled over from that evolved world that they are actually being us. you know, they socially, they, they are facing a depreciating local currency as well. so it helps sure that they feel so much more pe, a in the developing world than the devolved worlds. and so the, the, the voice is here that are coming from the, to bobby world are making it very clear to the global north that a lot of these fundamental you shoes, me to be resolved. well, these global, at least 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 if there is any serious discussion about it in the day. once you're failing on that, do you think this is a solution that anyone at davos will be taking seriously? should they be taking it seriously?

well, if you have, of course, they must, they have to take it sooner. 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, and so on. and there is very few 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 diverse does is creates a form clearly, but it's weighted towards people who can pay a membership fee of several $100000.00 a year, who after then pay $29000.00 to attend to this particular meeting. a quarter of them are actually big corporations 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 at it all the time, and the structurally, the quantities have continued to increase. and globalization is at the heart of 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 are far worse and looking to diverse and the billionaire is of gather their and 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. my. the, the, the, are you into accidental antonio terrace. he is outdoors, he's gonna be calling we has in the past, we cooled 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 taking into account countries g d, p or in 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 you're other families 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 financial 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 for foss, this right that we've seen since world war 2. so that's, that's why you're seeing this and different 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 as the bad guy, the poor world. as a good guy, we're saying and leads all over the world, many of whom are 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 at the apartment 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 covert at that in the depths, so flutes, her world leaders and the posse thinkers, i thought,

lead or sorry are of hearing in davos. and so there is certain amount of nostalgia, but 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 funny show technology and very very, i'll even give you. she asked the crowd and they were asking questions about how these are the centralized, the financial technologies are going to help address the fundamental of financial issues that developing worlds are facing. and really on promenades. we're seeing a lot of thought evolving world presence and also a lot of fun, 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 strife that we as a 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 could 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 published discussions this year. and i think the wet is probably going to show a foot or sign of solidarity a facing that are facing our world today. entity on that into notes of innovation that shirley was still humans doubles, having a great spirit of technological innovation. how key is that going to be in finding global solutions to global challenges in this world and is becoming increasingly fragmented? absolutely, any 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 governments 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 come the 1st question 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 is 5. ah, we are old christmas. even people far away are so helping with the environment, problems in the amazon because they are consumers. i teach kids about what our options are facing today. i've been working in earnest, trying to find ways to get this leg with. what do we do as to why and what are you going to do to keep out of the sort of language that keeps the red blood women, right? they have one, several back over in their fight for a while. if you've gotten america and those poll the things that were texting women, we made the challenge in the region. i will not stop being thrown away. i want to

sleep. we don't have read them in this study. these about 2 weeks now, i say 3 days journey to with your grade. so and destroys our country. someone needs to rebuild the world economic forum returns to dabble since january, to assess the global economy, was shaped by the pandemic. and the war and new crime can lead us from government and business, prevent a promised decade of action. becoming a decade of uncertainty, extensive coverage on al jazeera, witness inspiring films from around the world. they shall not stop the violin and kill. the poa is fast witnessed, intimate portraits and epic struggles because the leadership is also promised that not just the people witnessed the human spirit and bitter reality. there been men

who believe women, not a perfectly witness award winning voices telling groundbreaking stories. witness on al jazeera, 2 years alden from me and mas military cool. the balance of power is shifting. as thousands of pro democracy activists join forces with ethnic minority insurgence forming a united front to take on the military. people in power goes behind the scenes to reveal growing optimism that the coalition of people's defense forces could transform the country's future on me and mars frontline on a just ego ah, the battle for both news to russia intensifies attacks in the.