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tv   Lords Of Water  Al Jazeera  March 16, 2023 9:00am-10:00am AST

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we may sir, rule, not them. they find an enemy, and then they try and scare the people with people and power investigators exposed is and questions they used and abused of our around the globe on out is the era examining the impact of today's headlines? this was probably one of the deadliest disasters in the history of setting the agenda for tomorrow's discussions. this is the one that's been hitting cities, sharing personal stories for a global audience. do you talk a little bit about what life is life or african women programs that open your eyes to an alternative view of that well today is dara ah i'm carry johnston, harring doha. the top stories on al jazeera, south korea says north korea has fired an intercontinental ballistic missiles into
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waters between the korean peninsula and japan. it came hours before south korea's president, arrived in tokyo, for summits with the japanese prime minister. well, mcbride has more from so now it travels in some 1000 kilometers east landing short of the northern japanese island of ha, kato, but it had a relatively long flight time. it's reckoned to be about the longest icbm lodge by north korea so far around nearly 70 minutes. it is reckoned that it reached a very lofty trajectory, an altitude of some 6000 kilometers before coming back down to work, which would give it the kind of range that we would be able to reach the continental united states are really significant. moscow and washington are trading blame over us drone crash in the black sea. the pentagon says a russian fighter jack intentionally harassed the aircraft. while moscow has denounced the use of drones near crimea as provocative. i just got off the phone,
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was my russian counterpart, minister assure you, as i've said repeatedly, it's important but great powers to be models of transparency and communication. and united states will continue to fly and to operate wherever international law allows . and it is incumbent upon russia to operate as military aircraft in a safe and professional manner. the plainest officer implicated in a football stadium crushing indonesia last year has been sentenced to 18 months of jail. 135 people died trying to leave the state in east java when offices 5 take ass for each invasion asian financial markets of slums whom it concerns about european banking john credit suisse. it says it will borrow up to $53000000000.00 from switzerland central bank to shore up its business chairs in the countries 2nd largest bank plunge to record loans on wednesday,
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sending us and european stock markets tumbling. please 14 people have died off to flash floods, hit south eastern to keir heavy rains. have inundated the cities of santa for an idea man and are expected to continue for the next 2 days. flooding comes as the region struggles to recover from last month's devastating earthquakes. although we has declared 2 weeks of morning after 225 people were killed and cycling freddy tor through southern africa for the 2nd time in a month is commercial of done time has seen the most damage with flooding and mud slides. tens of thousands of people have marched again in cities across france, in a last ditch attempt to stop pension reforms, right? police faced off with crowds in paris was the 8th round. the protests against president and microns pan to raise the retirement age from 62 to 64. where is the holy shit that we will get pension reform out? we're going to go all the way. we can't let it go. we'll keep going into the end.
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why don't we all going about men, even if the refund goes through passes? how can i say any quality, especially for women will be present so we must indeed be on the street and always ready to fight? this is very pression. i've heard sog has unveiled alternative changes to the judiciary after planned overhaul by israel's foreign coalition. triggered must progress. the visual measures were put forward by prime minister benjamin netanyahu coalition. they would give the government more sway in selecting judges and limit the power of the supreme court near me today. and unfortunately, the things presented by the president has compromised on the judicial overhaul presented on wednesday, were not agreed upon by the coalition representatives, key sections of the outline. he presented and perpetuate the existing situation and do not bring the required balance between the branches of the israel government. this is the unfortunate truth of the u. s. s. charge. why the chinese communist parties most wanted exiles and orchestrating
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a $1000000000.00 fraud. real estate tycoon, go when gray is a prominent critic of the chinese government and has ties to for donald trump, advisor steve bannon us accuses him of defrauding thousands of his own line followers. as all the headlines news continues her now just here that's after lords of water the news. ready you know, that is, well, i'm pretty sure there's something he can go kitchen which is going to hook up the account. so she didn't know if he rising nor with the cross out of london. 39 degrees, breaking the july wreck with golf fast. it says of the guns in denying that i've
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got to kill the girl to go to the menu, make equal teddy. that they are possible to do me. no, i don't. next summer, 2019. in europe illustrated the urgency of the climate crisis, which claimed its 1st victim water. the demand is going straight up and the supply is going straight down. i mean, it is dark, it's dark. located don't have any interest from nearing to get by water. miss farmers have problems destroyed while others might use that to record breaking the way in today. 70 percent of the earth's pure water is
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used to a human consumption. it has become the most coveted resource on the planet role in try not doing anything that requires water to die and say, hey, you won't be wearing any clothes you might be using your might all the time. you might be driving in a car, might be living in a half, be having breakfast. why be having lunch and be having dinner? water in, in everything that we do. me to save humanity. wall street want to start a resolution. make water profitable and create more markets just like oil
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water falls from the sky, therefore it should be fray. whenever i hear that i always say, diamond talk her in nature and they are not free. it's a financial product, like any other financial product. coming late around $195.00 later than just at the beginning of do some water financial revolution. the blue gold rush has begun. can anyone to human right to water means that it's not a charity. it's an issue. this is the issue of our time. this is the crisis of our time with financial pressure on human mobilize ation rising. the bank level water has already begun who will come
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out on the planet? the people mocking london financial capital of europe. here is where the relationship between water and finance 1st began 30 years ago. at the time, it was simply a question of commending the virtues private a. it was margaret thatcher, prime minister at the time warner, who champion the cause many privatized, a war tie in a better deal than nationalized warner. i say him, i believe we'll go very successfully. indeed.
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what happened was the entire system, the inter physical system as well as the concession was sold to the private companies. every drop of water in the plates is private commodity. one of the 1st thing, some of the kill police did was to start crossing off would play to people who hadn't paid their bills. the number of people who've had their water cut off for failing to pay their bills has almost trebled in a year. one company for example, disconnected 11000 customers, and as far as the company was concerned,
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they can stay disconnected if they didn't pay their bills, they didn't get any war. so i was, i always just come by. no nicole, like on the you have to come up with you think you'll have to make this journey that during the day just come down again . well, probably another bought i mean you go to here, you go to do some cooking. we didn't even have to care for this during the war time. i said to myself, it's disgusting but from the market perspective, but doesn't bursa the market can care less if people die of cholera, really, that's not their job. that job is making money and leave them not very well
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fine. 10 years later, a law is passed that prohibits companies from cutting off the water supply to those who haven't paid that but this is not enough to deter the finance years. on the contrary, in the early 2, thousands, a new generation of traders and the world of water. namely, private equity for valve cio funds. they are hungry and completely unaccountable. they may be funds which have a 10 year life and they therefore they need to get their returns over that decade that they will be the owners. and then they need to find a new and say you have a lot of international vestos people who may never have been to a water plant in yorkshire, tall or maybe never been to yorkshire. their fathers is wonderful. business truly
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said links, you don't need to know anything about water and you don't need to care anything about water. the new owners arrived from canada, hong kong i'm a lazy in london, thames water distribution authority that covers 20 percent of the country is bought by the australian based mcquarrie farmers. i was aware of mccore, i mean, they were quite a famous institution in australia where they've been, they know something, i think they were called the millionaire factory because so many people who worked at mccory became very rich as a result of the bonuses. and but corey world, 1st for equity companies to say these are good places to believe. one of the simple
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reasons for that is if you observe there is and is going to be population growth. if this population grows, this can reward something trunk. david hall is the man who revealed this war to scan in 2017, he published a study which he detailed 30 years of abusive practices. rising bills, soaring dividends to shareholders, and tax evasion. a caricature of financial capitalism. ah, we ended up to closing for a belts $2.00,
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billions pills per year was being taken out of the system by private capital. no brain reason for that was that the dividends. lo, pinewood cells were very high, a very regular. so this companies were perfect cash machines. they still are, they still are everybody believes correctly that we are being swindled by the water filters walk david whole study than did was it said, is this really how you think that essential services should be exploited? i think is a pathway by financial interests so aggressively. the
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australia based mcquarrie funnels was a shareholder contempt water for just over 10 years. when it sold its fun share in the company, march 2017. mcquarry says it had just over $13000000000.00 of debt. somebody at that point will have to repay all those borrowing. well is any one source of money in the whole water industry and that is the customer. and when the customer has to repay those borrowings that will affect the charges they have to pay. and of course, the owners will never return the dividends they've taken out. those have just gone i think they take a few that this is a victimless crime. ah, funny thing about you case experience we will to privatization is no one else in the developed world. has done it, it's a one off, and sometimes you have to ask yourself,
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why is it today of 80 percent of brittany's would like to go back to a time when wharton was a common public and essentially free resource. but this concept is slipping away joins and swell to through another 24 hours of extreme hate. ivan, i had bailey dipped below 30 degrees in many parts of the state, with temperatures soaring into the mid to high forty's during the day with catastrophic malibu ranges. right, and as it remained extremely hot through the south 8th that i with temperatures 10
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to 16 degrees above average, strengthens normally australia on the frontlines climate change. here, drought is a part of everyday life. in this parched country, australians are getting closer and closer to tomorrow's world. a world where water is scarce and expensive resource who bought does is a dairy farmer who lives in new south wales, one of the drowns regions in the country for many months. now, his reserves have been empty. the only solution for feeding his animals is to buy
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extra water on the private market. you know to go did i surround just for my cale and it cost me close to half a $1000000.00 for 12 months of water. $500000.00. can you afford that aid would put a great deal of strain on us if we, if we did it a great deal as dry. right . like we now a farm in the last 3 months is already spent. $1000000.00 on board up with a storm could come straight to mar and why, but all at tape. so it's, there spent the money but still a game on whether whether it's going to work or not.
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ah, we're trying our best to keep the cows ally goes with her before the board ought to grow crops to the chaos. ah, we can afford a real lot of grinding. are they getting very little or no grain at all? at the moment? they say they're producing 50 percent less than what they should be for these tommy it's just survival. my drawings of all i keep as going and i'm trying get out the other end of it with me
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with me, my some mites and helping each other. but now it's like dog eat dog world at the my space with the water policy ah, water has become like it is bought and sold with a single click. thanks to mobile phones and an application connected to the market available 24 hours a day. it's price changes day depending on supply and demand. mm
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say i can touch it. i can have my fade in it but i cant even not lay. so got that money. ready once the transaction is approved, irrigation, trammel valves open automatically and pour out millions of liters to customers. those who can pay people are just taking water from us. and it's, it's taking a lot. it's taking our food from a table. all is why we we doing it is hifi next year the rivers are full and the we don't have to go back on to that. i've market to buy water again. will happen. who it not? we die. miles apply russian relinquish
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to combat water shortages. the australian government has chosen to rationalize each year. it allocates a quota to the major water consumers, farmers, industrialists and cities. this is calculated based on activity existing reserves and weather forecasts. along with this new loan called the water act watermark, it's have been created where anyone can come and purchase additional rights or sell some of the just want to give you a co, as a market is changing a bit. a couple of ways that we bought a 20 my same trading really happening around that on and i lay bogged $495.00 anyway to margin hiding from waterfall. thanks. take look forward to hearing from you in just 10 years. the water business has become the new el dorado,
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the turnover of $2000000000.00 a year. morning. yeah, i am 9 o'clock. first thing you want to find is the world's leading more to stock exchange or was here because it will, they work with the mega liter, a unit of measurement, equivalent to 1000000 liters. some of my tame, he called me at the watermark at pioneer. so i'd like to say that i'm a pioneer in the world. i was always a gotten i ordered the guys in, well, since actually we had the transfer. oh, he's only got the i think. yeah. a reset that a guy named him and reminding about the rambo negative that we secure that. sorry,
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man, transfer $250.00 megs plus decide prices to die around the $500.00 per mega later all per 1000000 litres. you've got it is. i think it's take what $500.00. i was that 300 year eyes or 350 year eyes for 1000000 litres of water. i'd say it's pretty shape. when you look at it from that perspective. isn't it a good thing that way, a finally putting a valley on this resource, because in putting a value on it, we're gonna respect that mall in this new world, every drop comes water is no longer a natural resource, but a commodity ah,
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in the world of water markets, the key players of the agricultural industry, as is the case with webster. the country's largest producer about the directors of this company are among the richest water owners at the head of a reserve with more than $200000000.00. that owns a mass, cultivated and exported all over the world in relation to the amount of water used . this is their most profitable crop. on this phone, brendan barry has the title of water management. this is
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a new area of expertise that that some would colony not. they're not quite ready if you got the i b. yeah, they'd be yeah, but the title title. but the known parella, the real number of these other not bigger in that, but they may sell them on a property with the easiest to market and what not. the title value of their water is, is more valuable than all the land we hauled, the plant and equipment, or the last talk that we hauled the
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water market in this area. this she has gone from about $320.00 per mega leda to over $700.00 per mega, and that's in a period of ground for months. and that will price doubled across. but that's how it works. or join the debate. you know that the such regime is empowered by the government unstained by the government to day they are the government, african count,
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security is also global health care receipt on an online at your voice. there is no right to defense. there is no right to protest. we can't just keep relying on aid, there has to be some work toward a sustainable economy. at the end of the day, it is ordinary objects that are paying the pri, this dream analysis era. in a concert hall in baghdad. away from the conflict and payouts from the war sectarian bond of sanctions, the rocky national symphony orchestra has full to perform classical and traditional arab music in the face of all adversity. oh, to 0, mo tells it's challenging story. symphony for iraq on al jazeera, heavy fighting in that we don't simply focus on the politics of the conflict. it's the consequence of war. the human suffering that we reported. we brave bullets and
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bombs and some of the world's most troubled regions. the army fled in the face of eiffel advance. it is one of the most serious about the violence in recent years. in some instances, we are the target because we give voice to those demanding freedom the rule of law . and we always include the views from all sites, the salience of the world's biggest gambler, losing tens of billions of dollars the year, one on 18th, investigate for threads, gambling addiction, one out 0. lou, i'm carry johnston de la the top store is now in al jazeera south korea says north
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korea has fired an intercontinental ballistic missiles into waters between the korean peninsula and japan. it came hours before south korea's president, arrived in tanka for summits with the japanese prime minister for mcbride has more from so now it travels in some, 1000 kilometers east landing short of the northern japanese island of ha, kato, but it had a relatively long flight time it's reckoned to be about the longest icbm lodge by north korea so far around nearly 70 minutes. it is reckoned that it reached a very lofty trajectory, an altitude of some 6000 kilometers before coming back down to work, which would give it the kind of range that would be able to reach the continental united states. so really significant, moscow and washington are trading blame over us drone crash in the black sea. the pentagon says a russian fighter jet intentionally harassed the aircraft. while moscow has denounced the use of drones near crimea as provocative
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a police officer indicated in a football stadium crush and indonesia last year as in sentence to 18 months in jail. 135 people died trying to leave the state in east java when offices 5 take ass following a pitch invasion. agents announced the markets of slumps amid concerns about european banking john credit suisse. he says it will borrow up to $53000000000.00 from switzerland central bank to shore up its business. shares in the country, 2nd largest bank plunge to record loans on wednesday, sending us an european stock markets tumbling. at least 14 people have died after flash floods, hit se, into care. heavy rains have inundated the cities of us and we are for and i be a man. are expected to contain the next 2 days. a funding comes as the region struggles to recover from last month. devastating earthquakes. well are we has declared 2 weeks of morning after 225 people were killed and cycling freddy tours through southern africa for the 2nd time in a month is commercial hub,
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land tire has seen the most damage, if flooding and much lights on tens of thousands of people have marched again in cities across france in a last ditch attempt to stop pension reforms. hasn't mama crohn wants to raise the retirement age from 62 to 64. it's on headline news continues herron al jazeera, after lots of water. as water manager, brandon is more of a trader than a farmer. a big stack of grind has value that money. water is no different in that sense. in our business we want to use our. ready efficiently because if we do that and we can drive a greater profit into the business, and that's what we're ultimately here for is to deliver
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a profit for the shareholders. these are the things that are interesting or useful . he manages his stock with the help of a specialized broker, lex badges. he to embodies the new generation businessman looking to exploit water for them. drought means good business worth warmer in here to serve you any interest in the leasing it out. i don't think there's thousands of mega ladies on the market at the moment. up here in the market doesn't seem to be terribly logical at the moment in our view. it's sort of great and fee market minutes. we have a balance between here with terry. but it does that sound,
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that's because of where we are and there's not that much war around. so pay off really, really skiddish frustrating, louder or so. yeah. i look, i think dairies in such a, such as style down there. you know, the number of heads getting sold of them. i what's quite ridiculous that from what i'm hearing, basically every dairy farms on the market. so if you did want to do something down there, i think is it acquiring lands don't going to be not going to be difficult. i'm say workers to i don't know. how did it go away? goes well bought 110. i don't know what all i wanted to talk about. you know, we're not gonna be hard like wait, oh,
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oh lord it 50. i already 910. and when i got a boarding party at border, it was quoted a and bob behind it. i don't know why it's a good thing. no 1000. i under for that one i was on the little one. so you just don't milken and you find yourself, i'm doing my job. i'm that much. you never been years totally. the want a crisis and soaring prices have forced david on into bankruptcy. he has had to sell the family dairy phone and now joins the long list of victims of the water markets
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go anywhere with or named of an era i've been in this district off. so i've had to leave more than 10 kilometers from where our ship. yeah. special die a, a literally. what if you look at your cash flies for the last 12 months and 4 years ago and you realize you're spending more and more water. and then jenny,
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shit to me and we can't keep going on lot this so that conversation wasn't very noisy ah, 3 more dishes in the in the st. and stomped out there as very marginal did lot. it's probably not as much emotion as later on when we were showing chaos. i can tell you who i mother is and who are a grandmother. great, grandma. so they tell me a get ivr upset. what do you need? i have a spare and i wanna write down 500. it does not, you know, initially the creation of water markets was welcomed by farmers. big agricultural players saw it as an effective way to buy water. whilst others plan to supplement their income by selling their surplus without a date, right?
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but 10 years later, the market had become fruitless. so good. they all went 3 time at 315. a lot of like this. lots of people that don't understand the what amount i don't understand the watermark. just lisha cave arnold. all the tong is the stump of what's happening and i don't think a lot of the snow. what's happening in the watermark? alicia, boy, you don't wanna look at the watermark cuz lots of forms that i need to purchase. yeah. especially if you're looking for water, you think all, all guardian will good an adult keeps going up on the strain he is on. extreme lewis has searing temperatures, put emergency crews on notice, and authorities ready to answer any major process reco. it's filled today and more said to tumble tomorrow with adeline full cons to heat. 45 degrees,
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nudging the hottest. i am wrinkled for the city to see a face who owns it. won't be able to control any my delayed himself east australia, the driest city on the driest continent on the planet. ah, adelaide sam says, i think it's here at the university. but the idea of water trading was conceived and in some use he might get 0 water. so they said nobody could take anymore water . so you're going to have to find a way to share what, what happened very quickly. as a result worked and i did all started, i said, well, what we need to do is to unbundle the system and take a license and you set up a bank like accounting system. it'll let everybody tried it like tossed into doing
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that in all the regulations. i wanna, mike young, is the founding father of the australian water markets. a renowned economist. he attended harvard university and has advised the united nations. this is the man writing the new history of water. boy scarcity is really, they've said water scarcity is part of the future. the, well, the global predictions of it by 2050, more than half the will, will be living with limited water resources and abundance is a thing of the past. water needs to be managed in a very precious wife. in a way that drives innovation. that makes sure our water goes to the best use is it possibly can. so we make money and feed ourselves well. and that led to the
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interest in water markets and drive a revolution with the revolution started by mike young as turn climate change into a market. folks with fascinating see how sophisticated our water markets, if account, if this brian forecast in a week's time, the price of water will go down. because families now they won't have to irrigate if it's going to be really hot for the next fortnight. in the price of water it goes off with with i think the reason why you really come to a university is to make the world a better place to live in. so i teach
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a course on how to my world a better place to live in. come and enjoy a with mike young has opened up water markets to all farmers, small savers, and above all, professional investors. a now a days everybody can buy water on the stock market for consumption. or simply for speculation. when more to become scarce, hasn't become scarcer than somebody has to stop using what markets do is they discover and reveal the most appropriate people to pull out of agriculture as it is for making tough as it is for lots of things we live in
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a competitive world me market mature, spot market scott derivative markets for water options for what's new intelligence and information systems. we're building artificial intelligence and machine learning or as far as rolling the game to mike money. ready mike, leaving out of just trying order worst. we're just interested in getting more of the mike by water to mike living, not just making living by buying and selling water. the system was putting for the farmers to create well for the, for the economy. but it's been taken from the farm is now who's making the money
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water purchased at the market. price has drained the australian countryside. only the agricultural giants have the means to compete with the investors who are pouncing on this new rule material. in that amendment, they skeins going around the world, took encouraging versus the boys to these trying go to market with these returns that they say by a huge amount of water. and they might engage money out of what's
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becoming the new was to red and gold. it is a if, if he can make a 25 percent return on your investment obeta, or would neutron do it? ah, it has melvin's hot day in 5 years. temperature is heat. 42.3 degrees. olivia high, 42.9138 with 30 degrees, need not melvin get a new nodes of water live in the city of melbourne. the business capital they are
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bankers, insurance, pension and investment fund managers. and they are gradually taking control of this blue and i need to, i let you know, would i land, would i consider it? yes, but i'm not a farmer. i'm an investment banker. how much did you invest? not much. might be $20000000.00. the price of what has doubled, but in the next 10 years it will double again because of intensive agriculture there's a lot of discontent between the farmers and the people who are controlling the water. and so the pharmacy sometimes look at these people is water barons or water, bandits because they controlling water that many times i can afford me as an owner of expensive water reserves. david williams rents his
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water thomas, as others would rent land in the future is looking bright. me if we go to and i've been in population and the chinese want more food and the indonesians want most food and indians. what more food and i can afford to pay for it? then we need to find more intensive ways of growing food. that means more water that's going to lead you smack bang in the how you get that water, how you price it, how you allocate it. and how you regulate it with a being a base boiling water, it's getting back to the guys of the landlord and the pace. and if we want to survival cy into it, we can at the bottom water, what lane loads date,
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the water is wet. back to the middle, i just live in in the name of fighting global warming in the loads of water have made an agreement with the environmentalists role abortion of lake and river water is now protected. it fits the ecosystem and is kept out of the market. all this aligns brought about the large majority vote in favor of waterfall. as i'm talking here today, we're about to have 7 days in a row here in adelaide above 37 degrees celsius. that is
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the 4th time in 2 months where we've had that high temperature climate change is happening and it's happening now and it is impacting on the levels of water usage and the water that's being returned to the system. the reverse struggling. and so we had to start putting a value on it, environmental organizations, and now taking advantage of the market to buy water and return it to nature the agriculture industry. and it's really worth billions of dollars. the value of water in australia is worth even billions more, sorry, if we want to make sure that the river is kept alive. if we want to make sure there's water there for the future,
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we have to engage in that process. that of course, for a proper market for, for water buying and trading has a strategy and got it right yet ny. we dined, and we might be the test case. we haven't got it. a 100 percent. right. ah, water was the last remaining natural resource to have escaped trading in. ready but australia has just blown the final whistle the time has come from maximum profitability and the creation of a i'm. ready marianna, i speak on behalf of my people and they are for just land in this water.
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ready water for me and my people. ready which are part of who we are. ready ready is a part of our storage, our creation storage today is different australia as implemented, what are market? yeah. how do you look and that we don't like it very much. we don't like it at all. i was wanting to find out everyone else bursting with
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shelly trading. what does it filling? you're damned up making sure that you've got your she making sure that no one else take yours part of the madness. most of it agreed. * * * * * * * greedy people. * * * * they want the water bottles all went up. * and they sell it to somebody else money. 6 you can eat it can bring money through
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the water is like the range in our body. earth. mother, earth. like our body. the water goes through it. if you really, really spirit the what is a water thief without that spirit, god. we all know that good . a
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the producers of this program asked mcquarry group to be interviewed, but they declined. so al jazeera asked mcquarrie to respond to statements made about them in the program were quarry replied to say that they took their role in economic and community infrastructure very seriously. with that in the time their fund was a shareholder tens, walter had made $14700000000.00 of capital investment and that this had allowed tmz water to reduce leakage. and to keep bills at a low level, they went on to say that the investments had been financed by profits and borrowing
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and had been approved by the u. k. water services regulator off what they concluded by saying the 10s, walter had paid an average dividend to shareholders of 11 percent of capital expenditure. but in 2021 awful lot gave the go ahead from a quarry to return to the u. k. privatized water sector, and run another company, southern water. ah, the last stage in the financial, i zation, vote. the launch from a stock market index to bet on. won't prices buy nasdaq, a stock exchange, specialize in technology. this is the 1st time that water has been reduced to an algorithm. ah, is water the next oil?
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we set it off as a question and then mostly dismissed it. the questions not going to go away? we're just probably not ready for it yet. there is no alternative to pricing water properly and making realized that every time they take a sip of water, there is an opportunity cost and they feel a thing of all of what about the guy that can't afford it? that guy still needs water? oh, in the fight against the financial ization of water is fueled by the refuse to accept any sort of privatization. oh, the global war to rush is accelerate, privatization, competition profit. when they say it's got to be a commodity, it's because they know that the scarcer it becomes in a world where you desperately need water, there's this gold, it's called, it's too cold. who war to
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scarcity has become a major global issue. the demand is going right up and the supply is going straight down, turning an essential natural resource into a commodity traded for profit. just because it's life doesn't mean it cannot be priced. what about the guy that can afford it? and that guy told me the water al jazeera, examines the social, financial, and environmental impact of a lot of privatization loads of water on al jazeera. ah ah,
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here's her weather update in a minute. 15 and st are improving in the release. can't wait to share those details . let's talk about it right now. much dryer, right across saudi arabia. we had some sandstorms, a tour the northwest, but now those winds have finally backed off and the sun's out. so temperature is looking pretty good for us here in doha. i think a top temperature 29, maybe 30 degrees on thursday, but where we have active weather is in august on up and down the country. so from karachi to pakistan administered kashmir, there is the risk of seen some thunder downpours in the mix here. some showers in the forecast as well for the tater on. it remains gloomy and showering for both greece and turkey. we've had some flooding in the earthquake zone in the southeast corner of circa, and we've got some pretty steady rain coming for on talia on thursday. africa looks like this. so windy forecasts for libya, the north west of egypt, otherwise fairly dry conditions of hue showers. here long the gulf of guinea and we do have heavy rainfall alerts in play for that western side of 10th,
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and he is certainly to the west of tans, india. that's where our biggest downpours will be on this one off in south africa right now. it's breezy along the coast. fine, we'll look for gus here of up to 70 kilometers per hour. that's it. that's all season. ah, a week to look at the world's top business stores, from global markets and economies to construction and small businesses. to understand how it affects our daily lives. counting the cost on al jazeera ah june. so pure become.

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