tv Counting the Cost Al Jazeera February 26, 2023 6:30am-7:01am AST
6:30 am
to next, yes, paris selim picks. we have only always does it with the best right though in the wardrobe india with her beth all season one of the biggest a showed stopping outside because the came from the indoor season. so food to put the also excited to really a good this there are plenty more test to come for all the riders aiming for title success in the common season and beyond. sun ha moose, i'll just hear. no, it's the final day of the rio carnival. 5 top sandra schools operating on the streets. they competed for top prizes in costumes and presentation. and a carnival considered wells biggest festivities brought millions of visitors to brazil 1st time since the coverage. 1900 ah, this is out here and these are the top stories now.
6:31 am
ah, they've been isolated incidents of violence as nigerians voted in the presidential and parliamentary elections glitches in a voting system so long. in some areas fontose outs could take days. yeah. he just sent us this report from nigeria is not to city a lego system of the only place where we have recorded incidents quite of in the north east of the country. backward on fighters loved i grenade o a projectile near on electro officer or electoral office in the town of goes i in my degree one being about 5 people, although no person was reported dead in that incident, similar incidents have been reported across the country and volatile areas where i was, it was expected, but incidence like this may happen, but generally officers are saying that the polls went on peacefully. french president, man on the corner, says he'll travel to china and just oprah month discussed the warn you. crane. on
6:32 am
friday, china released a piece proposal, beijing, he's calling for an end to western sanctions on russia. as urging moscow and keith to hold talks, a con says it's important for china to put pressure on russia to end of withdraw from ukraine, but received the present. alexander lucas shanker is also announced. he'll visit beijing in the coming days. but a roost is on russia's closest allies. the world health organization is working with it. cambodian health authorities of the death of an 11 year old girl from birth. please sweet people in poultry are being monitored in her home village. on the w. h show is reviewing its global risk assessment friends documentary on the adamant as that one. the berlin film festivals, golden bear award for best film documentary is about a floating day care center in paris for adults with mental health issues. french filmmaker, philip burrell, one the silver there for best director for his film. the pow
6:33 am
wow. those are the headlines that he's continues help, answer 0. that's after counting the cost to stated one year up to rush is invasion of ukraine. what are the lessons learned? what i've learned is that in europe we are a small continent fan. we don't really know each other's history. how worried are you that if putin succeeds in ukraine will be an invasion of your country as stony as prime minister talks to well, jesus, i out of there on the cloud. this is counting the cost on al jazeera. you'll look at the world of business and economics this week, one year off to russia's invasion of ukraine. the west is still rolling out sanctions against moscow, but all the measures hurting financially and who's paying the price. also this week
6:34 am
from an energy crisis to shortages of food and fertilizer. the war in ukraine has appended the global economy. in many ways. we learn how bacon as far as cynical plus in the is largest international carry us seals, the biggest aviation dale in history. as it seeks to reinvent itself, but kime at india compete with well exist airline ah said, and the rubel reduced to rubble and the economy cut in half. so said u. s. president joe biden off to unprecedented sanctions on russia nearly a year ago. the country's banking energy and manufacturing sectors, access to global trade and the oligarchy. they've all been targeted in an attempt to undermine moscow's war effort. but russia continues to export oil and gas in the wool. rage is on. and while the institute for international finance predicted,
6:35 am
the russian economy would shrink by 15 percent last year. in fact, it dropped by just over 2, scent, making weapons for the russian armed forces has kept the nations factories busy, agriculture, construction, and hospitality sectors. they all grew according to russian statistics, but manufacturing and retail trade saw a decline. living costs in russia had been rising for months, leaving people struggling to pay for essentials, and with a ruble weakening against a dollar more tough times are expected. alhashan reports now from moscow war sanctions and the global economic downturn are reducing. what gosh, i can put in her shopping basket to feed her family. and yes, nice. chesney, gillian, who began to focus more on essential products due to the fact that prices in prison . we buy what we need, no extras because the priorities are really too expensive. for example, we now it least fish thing before. people are more squat paying more for less dash
6:36 am
. i can only afford cheaper goods. no, just for the in general, the cost of the se basket has increased by 30 percent. we spending more of our budget on groceries in before because wages have remained the same. and food prices have risen. western sanctions imposed on russia have led to major international brands pulling out of the country. local companies are trying to fill the gap last year. it was possible to fill this basket with more goods for less money. that's not the case anymore. after nearly year of what russia calls that special operation and ukraine export, so sadly, godmother's trying to control crisis. but that doesn't seem to be working. although property rental prices are fallen the last year, utility bills have increased by 9 percent, according to official numbers. big data experts say gator janski's says people are only buying what they need says linear austin that i want appear when you're produced you. unfortunately, the rise in prices for
6:37 am
a central goods is faster than any increase in peoples in company. but people are adapting to the difficult situation with their reducing expenses, not not related to a central good sort of club. what sergei says, inflation has reached nearly 12 percent in the last year. what grad fast and milk prices are rising above that 4th grade. his directness of i'm with your name in moscow, there is an approved minimum wage which of about $280.00, but it's obvious that living on the minimum wage is quite problematic. let me officially moscow says the conflict in ukraine is having a minimal impact on the lives of russians. what on the ground, the reality appears very different. what i enjoy now from london by maria, she guinette, she's a senior fellow at the international institute for strategic studies. maria, welcome to our desert. so the bottom line is the situation in russia is not quite as abiding said it would be a year ago following the sanctions, but it's still
6:38 am
a very difficult situation for the man and the woman on the street. absolutely. we have to say that after a year of sanctions, the picture about their effectiveness is rather mixed on the muckraking. on a level, the economy has proven to be much more resilient. if we'll look at the numbers of gdp, it's constructed only by 2.2 percent last year. inflation unemployment, the manager below. we haven't seen any bank crown. the financial system has stabilized under the picture. the criminal wants you to focus on that. everything is going according to plan that the russian economy is strong enough to wear the distinction storm. but that the trick was sanctioned, that it's hard to capture them in one nice number and put it on the slide in terms of the macroeconomic figures, which thinks that they need time to unfold. and they have cumulative effects across sectors because they, they,
6:39 am
the companies. so it's hard to give you that number. so we have to zoom in on the design of things, how it has been adapted to them and the role of the country. so as time goes on, the effect of the sanctions will become more obvious is that, is that the case? yeah. so that the idea was anxious that they need time to unfold. simply because as the wisdom in one sector, for example, did the end it just when you have the implementation, it's oil embargo last december. and we'll see the immediate impact on the russian budget and the kremlin pain, our 160000000 euros per day in last revenue. if we add the embargo, fine products at that number in the high, over 260000000 euros per day. so it's a cumulative, it doesn't mean the will have
6:40 am
a shock effect. the sanctions will make russian economy collapse. but then add the, the effect which will unfold over time, but not enough to have a visible effect on the war effort on russia's war. if it hasn't just weighted putin to reverse policy because it was sanctions, it's all about your expectations, right? if you have height and expectations, the sanctions will stop the war. that's not the case. to have to be clear about the limitations of things and what they can do. they can constrain nurses ability to deprive the colonel in capital technology. and that's with where she was, expert controls and semi conductors with distinctions on the energy sector. but they con is still the, were immediately, they can shave the conditions in which this water will and, but we have to be clear, realistic, what they can do on the battlefield. then the russian president is selling it as an opportunity for, for russian companies to fill the void left by those foreign companies that left
6:41 am
the country. there might be some short term profits for us and wholesalers. and indeed there is, i think that's free. and then of benign to buy back in town where you see western assets trend is being distributed to oligarch. i knew people suddenly became owners of businesses, but that's very short term picture. long term did the picture of their economies rather lease because of time they go in multi phase decoupling in terms of energy, commercial, financial, and also technological. so the real a cation of acids is only of short term nature. it's not about the economic prosperity of the russian economy. more sanctions now being added will that run things up? will that make a difference? it's not the sanctions of massive consequences. there are areas where we can, hey,
6:42 am
kids much more tight. but the next thing to package is main kid is the idea to make it more costly, more cumbersome for us to adopt and also to why them the budget deficit has already emerged in december. so from the you have to point of view, the idea of things is to, for us to choose between funding it's mountain, military, war effort and also sustained in its economy. and that, that challenge is becoming more tricky how to cover the budget gap. this is why, while the fiscal policy options are narrowing, so as the war goes on, it becomes harder and harder to, to prosecutes the war effort. is that the thing? yes. so the, we have to look also on we have to look at the mission reaction. what they do is to
6:43 am
adapt to this type of sanctions and controls. and here i think that all of those countries is really key how china will position. and so whether it will provide the lessons, how churchill position, whether it will provide semiconductors, russia, con, domestic use. so there's all components that need to be in place to have a comprehensive picture of the effectiveness of things. and what about the kind of the balance by the rebound of sanctions, if you like, the effective sanctions on other countries? it's nobody in the hands of sanctions, let's say, on russia to her other economies. the whole concept of smart sanctions is to avoid collateral damage to the outside country and also to spare any unintended consequences for local population. and that has been the case since 1990 iraq war. so when can say that sanction that as
6:44 am
a concept is the magic tool that can, you know, split the collab the economy and avoid all of the collateral sandwich summer with this, just an avoidable by this year. complexity of things that have been put in place, and we have to say rush and thinks is a one of the most complex now on the table. so a certain measures have been put in place from d, u, from the us from the u. k. to make sure that companies are not over compliance when is that tremendous? so for example, lots of guidance is been issued in terms of shipments of fertilizer or a grain, but that's not the sanctions regime. also the price, the whole idea is to allow shipment include in the refined to the country to not and not to aggravate the situation with prices and who are at mara. appreciate that. we'll leave it there. thanks very much. maricia gina from the
6:45 am
international institute for strategic studies. thank you for having of course, the war has caused pain in europe to energy prices sought after russia largely cut off gas to the continent. european countries scrambled to wind themselves off rushing supplies to try and ease the energy crisis. diminishing household incomes, and while efforts to become carbon neutral by 2050 accelerated in some countries, other nations have reopened old coal plants. natasha butler reports now from eastern france, with its half timbered homes. the small eastern french town of missouri. sholtes is steeped in history, but it's a community firmly turning towards the future. a decades ago, the mer launch the project to build a hydro electric plant. it came on line 4 years ago and now generates enough electricity to power the towns public buildings, a huge asset the time when energy prices are rising, latortia is off in attitude,
6:46 am
being self sufficient when it comes to energy is something everybody wants to know, particularly as prices are high, but here we certainly feel more relaxed because ominous our buildings upon but this plant. so we have barely any extra costs. solar panels on roofs reduce lighting and better isolation for buildings are all part of the mess plan to generate enough electricity. one day for the whole town. and since the war in ukraine motor schultz is become a model for other communities looking to do the same, jeremiah grew more taller, likable to change, but we can't do it alone by the has to be collective approach. what we're doing in this town could be done nearly anywhere, or the push for energy independence in this town is the sort of project being encouraged across france and elsewhere in the european union. as the block accelerates its effort to transition to green energy because of the war. after the invasion, the you launched emergency measures to speed up the rollout of renewables, including wind and solar power,
6:47 am
as part of the blocks and to be carbon usual by 2050. is a by say, the war in ukraine made us see that russia used energy as a weapon and was no longer a reliable partner. so we had to launch a strategy to replace russian gas with alternatives, including ellen, g, increase renewables, and reduce our overall consumption. it's clear that concerns as a climate change were already driving the east green transition, but the war in ukraine has injected a new sense of urgency and an awareness. the energy independence isn't only desirable, but also a question of security. well, from weight to vegetable oil. ukraine or russia, our agricultural power houses, and major exporters to the world. of course, the war has disrupted the global flow of goods pushing the prices of food and fertilizer to record highs. in senegal, the government is encouraging bread makers to use local grains to keep costs down.
6:48 am
nicholas hark reports now from northern cynical st. out of the oven, a batch of freshly baked bread. ah, when russia invaded ukraine a year ago, bread maker mister herself, smelt trouble. because war torn ukraine is the biggest exporter of wheat to africa. this is excellent. this is what we're looking for. sol. wasn't going to let the shortage of the green stop him from making the best possible loaf greatly make great bread. this is read that has been cultivated and harvested here in synagogue, the 100 for for the local, as you can already see, we find a lot more and tricia better quality, less of a bed of bread because of the real being grand. luckily, this is solves ancestral land in the sal region where agronomist planted in experimental variety of wheat that can withstand desert temperatures for i was
6:49 am
a fancy bigger. it's incredible because at 46 degrees celsius wheat is growing here . emma, it's a miracle and thanks to the crisis, every once interested in our research and we have nowhere stalks of grains to give out, samples of the grain are being kept in the safe house. so scientists call this a seed bank, and inside these plastic cups are a variety of weeds from across the world from ukraine farrier to mexico. scientists will grow them here in these conditions because since russia's invasion of ukraine, the shortage of wheat have governments in the region fearful of social tension. most african countries continue to rely on wheat import, and food prices have shot up after the war you and says to a 120000000 people face hunger with bread becoming unaffordable to many so to verify didn't you of our country and the joke. what is it of hunger? that is enough, we're on the market. if you look it up on my phone is laughter. and from countries
6:50 am
are constantly depending on this market. now, there is a shock replacing ukraine's wheat by local grains like marine gas, millet or local wheat is not just a temporary solution, but a gradual change the way senegalese consume beat goods. a desperate attempt, the face of a war on another continent, roughly effecting millions of people across africa. ah, a boeing expects india will become the 3rd largest market for air travel behind the united states and china. within the next decade, the country's largest international carrier is banking on the booming business and once the modernize its fleet and expand its operations, air india has made the biggest order of new passenger aircraft in history worth more than $100000000000.00 at less prices. the airline which is owned by tata sons, will buy 250 planes from the european play manufacturer, air bus,
6:51 am
and 220 from its american rival, boeing, french president, a man or micron, called it a new success and an opportunity to develop new areas of cooperation with india and you as president joe biden echoed the sentiment saying the boeing order would support more than $1000000.00 american jobs. all right, let's take this on that for mom. buy. i'm joined by jack, i'm not a man of hon. jack, i'm is practiced leader and director of transport and it just takes that crystal jacket and thanks for joining us here at al jazeera. so air india made it last aircraft purchase 20 years ago. it's completely up ended that now. will this huge deal, turn the line around. do you think? yeah. so thanks for having me. be with you. if i hadn't made a significant announcement in terms of purchase of closer to $470.00, i promise been going and ad, but also, you know, add,
6:52 am
india has been now the last ignored group and strategy has been put across with both cost and again, to happen in an extra months or so, and that the cost. so this will be the added express and add a show coming into full. so a lot of review has happened and is going to happen. you want to play out in the next month or 2. so i think it's a step in the right direction and very much, pretty much the ambition that they have in the being significantly in the growing in the market and to india also for service across the international market as well . so the aspirations of india is quite significant then the added days going to be stepping up and so are paying the fleets in this way presents
6:53 am
a huge logistical challenge. just to tell us more about that, the kind of challenges the air and we'll have implementing this. yeah, so i mean in terms of the implementation of the good thing is traditionally between the boys and the us. and they have continued to do that, to that extent. it is, it is not something new for them. and so i just just happened to be void and that was, is about putting this one, get about ready on fashion and want to get to the 2nd part is that adding the had some of the gauging feet. so they have added a necessary position. all have to do this and bring in so it's more of necessity, which for them to go for this kind of change and hands it will come change. right?
6:54 am
so there's a lot of replacement going on, as well as the afternoon as an india has about close on the don't wait. 45 buffered has about 40 on the audio 70 on. so we can kind of see that much of this will be times of replacement of the parent and the other partners that have gotten pretty much freed in them. so even in india, indigo, the complete is pretty much, you know, and hands from a customer experience. they have been put to get in those steps to get it in the new attraction, august 8th. and that did logistics into the production and the fan, the fuel consumption and eventually be able to be so very well and pretty much up to date such as an ad in the had the history of
6:55 am
running and all and hence they will be able to kind of integrate with both of these players. now ed trouble rebounded pretty quickly in india. after caving why was that in building within comparison to the international part? um and yes, i think a lot of that goes into the basic is more than the vaccination because we were able to make it mandatory for all of them and made it also affordable and accessible to the larger population. and many of them went through this early on. i mean, the over didn't really back us web significantly in the 2nd part by 21. but then later on, the bombs back that industry bounce back and you're seeing the grades and adolescent lives in linked to the office. and hence that correlation played out really well for india. the 2nd part of it, there's also
6:56 am
a lot of people who have gone to the home of the domestic say want to come back and office is opened up. so that's next to the 2nd one is in terms of the domestic buddhism that also really in the last one, jack. and what about from a sustainability perspective? because by an enormous fleet like this isn't exactly looking towards a carbon neutral feature that yeah, so it is one aspect of it. but today it's, i'm an old on probation if you look at and in india, this is significantly still based off in tom's or transportation. so the kind of migration which is happening in india from the villages into the cities is quite significant. so the explanations are high up from capital a very low in dozens of in not going to be
6:57 am
and then all of this needs before we can stay below. and so the transport that we have is, and the profit in the back, the population which goes by and is finally fairly, less income. so 140000000 of vienna population of 1000000000. so you get the straight so it's very miniscule. and hence, going forward, we still have a long way in terms of our journey creation perspective. and in many of these adeline's and how we are able to kind of kick us crash coming through head by please. using the carbon footprint from the order to the new. all right, and we'll have to leave that thanks very much and if your prospective heritage 0, thank you. thank you. thanks a lot and that's,
6:58 am
i'll show you for this week. if you'd like to comment on anything that you can tweak me, clark al john's, please use the hash tag a j c to see what does drop as an e mailed content cost at our desert. dot net is our address. as more for you online downs dot com slash ctc, that will take you straight to our patients. individual reports, links and tire. so it's for you to catch up. but that is, it's for this edition kind of cost. i'm nick long from the whole team here. thanks for joining us. the news is coming right? ah ah, a
6:59 am
7:00 am
ah, al jazeera, a national chapel. we don't simply focus on the politics of the conflict. it's the human suffering that we report. we brave bullets and bomb and we always include the views from all sites. ah, he's quarters of canada's chair in nigeria as boats are counted in a tight presidential election, might buy some bond and some delays ah carry johnston.
16 Views
Uploaded by TV Archive on