tv Counting the Cost Al Jazeera February 27, 2023 7:30pm-8:01pm AST
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up the grey zone takes away the deniability, takes away that opacity where grey's own operators thrive. the philippine government says it's stepping up, see patrols to counter what it considers chinese incursions in aggressions. and it's exploring the possibility of doing it with allies, including the united states in australia. was deputy prime minister was in manila last week. we did talk about the possibility of exploring joint patrols and we'll continue that work. and we hope that that comes to fruition. so despite its recent actions in contested waterways, china continues to advocate for a code of conduct in indonesia last week. it's foreign minister tim gong said he intends to fast track negotiations with southeast asian countries, including the philippines. the at there were thought potential would ease after manila begging agreed to establish a new diplomatic hotline in january. instead, what we've seen in the past few weeks has been the opposite. with bold side
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standing, we're bowing not to give up an inch of their claims in the south china sea. wide and below al jazeera manila. ah, this is al jazeera, these are all top stories, u, k, and a you need as have finalized a new deal for northern on ins. paste brack set training arrangements, european commission present as lavonne. de leon has been meeting you, kate prime minister wishes to not to discuss the details of the northern ireland protocol. this afternoon. i welcomed president vaughan de la to windsor to continue our discussions about the northern ireland protocol on police to report that we have now made a decisive break through together. we have changed the original protocol and our today announcing the new windsor framework. today's agreement delivers smooth
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flowing trade within the whole united kingdom protects northern islands place in our union and safeguards sovereignty for the people of northern ireland. we knew that for us to be able to make the most of the potential of our partnership solutions where need it for the issue was around the protocol on island, northern island. we knew it was not going to be easy. we knew we needed to listen to each other's concerns very carefully. above all, we had to listen to the concerns of the people of northern island. is really magic, say one person has been wounded in a shooting near the city of jericho and the occupied west bank. this comes as israel deployed hundreds of additional soldiers to the area after an escalation and violence on sunday to where the settlers were shot dead near the city of nablus. one palestinian was then killed and hundreds of others were injured. to stay with
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us counting, the cost is next we know what's happening. you know, i read and we know have some get some places that others hang on. i don't fear god by that, put it on purpose advice. instead of going on with the way that you tell, the thought is what can make a difference with out there on the clock. this is counting the cost on al jazeera. you'll look at the world of business and economics this week, one year after russia's invasion of ukraine. the west is still rolling out sanctions against moscow. but all the measures hurting financially and who's paying
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the price. also his weight 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 bakers, as far as cynical plus india's largest international carry us seals, the biggest aviation dale in history as it seeks to reinvent itself. bots can at india compete with well biggest airline. ah. so then 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,
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the russian economy would shrink by 15 percent last year. in fact, it dropped by just over 2, present, making weapons for the russian armed forces as the nations factories busy, agriculture, construction and hospitality sectors. they all grew according to russian statistics . but manufacturing and retail trade saw a decline while living costs in russia had been rising for months, leaving people struggling to pay for essentially, and with a rouble 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 that's just what we began to focus more on a st. your products. true to the fact that prices have risen. we buy what we need, no extras because the priorities are already too expensive. for example, we now lease fishing before the people and most quarter paying more for less dash.
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i can only have 4 cheaper goods. this, in general, the cost of the se basket has increased by 30 percent. we spent a 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 whitewash recalls, with special operation and ukraine export so same the government is trying to control prices. 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 expert said gate or janski's says people are only buying what they need, says linear austin with our bureau when you're produced you. unfortunately,
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the rise in prices for 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 survey says? inflation has reached nearly 12 percent in the last year. what grad, faster mill prices are rising above that 4th grade. his department 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 the minimal impact on the lives of russians. what on the ground, the reality of fears? 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 by the said, it would be a year ago following the sanctions. but it's still
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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 may be 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 why the distinction storm. but that's the trick was sanctioned, that it's hard to capture them in one nice number and put it on the slides in terms of the macroeconomic figures with things that they need time to unfold. and they have cumulative effects across sectors because they, they,
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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? yes. so that the idea was thinks that they need time to unfold simply because as the wisdom in on one sec, just for example, did the energy sector. when you have the implemented, it's oil embargo last december. and we'll see an immediate impact on the russian budget at the kremlin. it's paying our $160000000000.00 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 accumulating, it doesn't mean we'll have
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a shock effect the sanctions will make russian economy collapse. but that, and 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 reversed policy with sanctions, it's all about your expectations, right? if you have heightened expectations, the sanctions will stop the war. that's not the case. you 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 the sanctions on the energy sector. but they still would 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, selling it as an opportunity for, for russian companies to fill the void left by those foreign companies that left
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the country. there might be some short term profits for ration oligarchy. and indeed, there is a think that see, and then of the line to buy back in town where you see less than an assets strand is being distributed to only gars. i knew people suddenly became owner of businesses, but that's very short term picture. long term did the picture of the economy and the belief because it's time they go in the multi phase decoupling in terms of energy, commercial, financial, and also technological. so that the real a cation of acids is only of short term nature. it's not about the economic prosperity of the russian economy and more sanctions now being added will that run things up? will that make a difference?
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it's not the sanctions of massive consequences. there are areas where we can make it much more tight. but the next thing to package is making 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 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. that is, why didn't the, while the fiscal policy options are narrowing. so as the war goes on, it becomes harder and harder to, to prosecute 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 in to
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adapt to this type of sanctions and controls. and here i think that all of those countries is really key, how china will position itself, whether it will provide the and how churchill position. so 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 effect of sanctions on other countries. it's nobody in the hands of sanctions, let's say, on russia to hurt 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 990 since the iraq war. so we can't say that sanctions, as a concept,
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is the magic tool that can, you know, split the club, the economy and avoid all of the collateral language summer. with this just on the boy, the bill by the share of complexity of things that have been put in place. and we have to say, russian thinks is a one of the most complex now on the table. so 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 compliant when the remember for example, lots of guidance is been issued in terms of shipments of fertilizer or a grain, but it's not on the sanctions regime. also the price of the whole idea is to allow shipment include in the refined throw that to the country to not and not to be made the situation with prices and who are at mara. appreciate that. we'll leave it there. thanks very much. maricia geena from the international institute for
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strategic studies. thank you haven't. of course the war has cause pain in europe to energy prices sought after russia largely cut off gas to the continent. the european countries scrambled to win themselves off russian supplies to try to ease the energy crisis, diminishing household incomes. and while efforts to become carbon neutral by 2050 have accelerated in some countries, other nations have reopened old coal plants. latasha butler reports now from eastern france, with its half timbered homes, the small eastern french town mutter schultz is steeped in history. but it's a community firmly turning towards the future. a decades ago, the mer launched a project to build a hydro electric plant. it came on line 4 years ago now generates enough electricity to pow the towns public buildings, a huge asset. the time when energy prices are rising, routers circles off,
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ineptitude, being self sufficient when it comes to energy is something everybody wants 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 mutter 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 can be done nearly anywhere. i don't want the push for energy independence in this town is the sort of project being encouraged across france. and else way 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,
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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 use green transition, but the war in ukraine has injected a new sense of urgency. and in awareness, the energy independence isn't only desirable, but also a question of security. well, from weight to vegetable oil, ukraine, 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.
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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 must have 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 great lead, mixed 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 nutrition, better quality, must have a bed of bread because of the real being grown. luckily, this is solves ancestral land in the sal region where agronomist planted in experimental variety of wheat that can withstand desert temperatures fly out with
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a fancy bigger. it's incredible because at 46 degrees celsius wheat is growing here . emma, it's a miracle and thanks for the crisis. every once interested in our research and we have no more stalks of grains to give out, samples of the grain are being kept in the safe house. so scientists call this a seen 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. un says, 220000000 people face hunger with bread becoming unaffordable to many so to be verified into of our country and ensure quality of hunger. that is enough weeks on
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the market. you could use your credit, okay. and how much is latin? and from countries are constantly depending on this market. now, there is a shock replacing ukraine's wheat by local greens, like marine gas, millet or local wheat is not just a temporary solution, but a gradual change. the way senegalese consume baked goods. a desperate attempt in 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 what's 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. atlas prices, the airline which is owned by totter sons, will buy $250.00 planes from the european plane manufacturer, air bus,
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and $220.00 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 from me by i'm joined by jack. i'm not a man of hon. gigantic is practiced leader and director of transport and it just takes that crystal target. and thanks for joining us here at al jazeera. so air india made it last aircraft purchased 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've been going and ad bus is also, you know,
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at india and be now in the last year and a half ignored group. and strategy has been put across with both cost of merging off. and i didn't get to happen in an extra months or so. and the low cost which would be the added expressed and at a show coming into full. so a lot of research has happened. and is going to happen, she won't play out in the next months to. 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 india market and to india also to so it was the international market as well. so the aspirations of india is quite significant then the added days going to be stepping up and start up paying the fleets in this way presents
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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 continue to do that to that extent. it does, it is not something new for them. and so is the case what just happened with the invoice and that was about putting this won't get about ready on fashion is going to get to the 2nd part is that adding the add some of the gauging feed. so they have added a necessary position. all of this and bring in so it's more mississippi which for them to go for this kind of change and has it come change,
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right. so there's a lot of replacement going on as well as the afternoon as well. just put that into perspective and india pretty and has about close on the don't wait 40 has about 40 on the audio 70 on so we can see that much of this will be times of replacement off the current. and the other part, the other headlines have gotten pretty much fried in them. so even in india, indigo, the complete is pretty much, you know, and then from a customer experience, they have to get in to get it in the new fashion. obviously, after the logistics and into the production and the for the fuel consumption and eventually be able to be competitive aspects. so on this very ends pretty much up to date such as and at india has a history of running in and hence they will be able to kind of integrate with both
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of these players. now as travel rebounded pretty quickly in india after cave. why was that in playing with the international parliament? yes, i think a lot of that goes into the 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 impact us where significantly in the initial 2nd port road, maybe one, but then they did on the bombs back that industry bounce back and you're seeing the g. b blades and adolescent listen linked to the office and hence cooperation. they don't really read for india. the 2nd part of it is also
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a lot of the lat onto that on the domestic side. want to come back in an 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 buying a 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 asportation if you look at that. and in india, this is significantly still based off in terms of or transportation. so the kind of migration which is happening in india from the villages into the cities is quite significant. so the explanation is high up from a capital a very low in terms of not going to be. and
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so all of this needs before we can stay below. and so the other transport that we have is, and the roads profit into that the population which goes by and is finally a family list, income goes to 140000000 of vienna population on 130000000000. so you get the conference trade. so it's really minuscule and hence, going forward we still have a long way in terms of our journey deviation perspective. and then many of these adeline's and how we are able to kind of get new ad crash coming through head by please. using the footprint from the oil to the new. alright jargon, we'll have to leave it there. thanks very much. and if you have perspective here in algebra, thank you. thank you. and that's,
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i'll show you for this week. if you'd like to comment on anything, even to me, clark l. johns, please use the hash tag a j c t c, or just drop us an email. counting the cost at our desert dot net is our address. as more for you online, it downs dot com slash t t. c. that will take you straight to our page. individual reports, links and tire. so it's for you to catch up. but that is, it's for this edition kind of costs. i'm the club from the whole team here. thanks for joining us. the news is coming right. ah ah. with
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2002 was the 5th year on a global record stretching back more than a century. government report says 2022 was a bad year for whether 2023 isn't shaping up to be much better already here in california series of severe storms battered the coast line and the interior of the state buzzing a number of deaths and up to a $1000000000.00 in damages. climate scientists say the warming is caused by industrial age, heat trapping, gas emissions, which have been rising steeply since the $960.00. they say rapid reductions and emissions are needed across the globe to slow or reverse the greenhouse effect. inspiring stories from around the world that a human life capture. and it's a fast one witness. on jessie who to mom?
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