we came from just about 650 kilometers south east of tripoli. a screening confirms he has pulled manic valves to notice a type of heart disease. we heard about the team of doctors so we came to to police a long journey and went to good place into police. has been difficult financially. but thanks to god, the most important thing is my son gets better. most of the patients here can't afford treatment abroad. for in private clinics, many of them have been waiting for weeks some for months, for their procedures. but how much does this says the money spent to send one person or brought for treatment? can cover more than 20 people here in libya? hold on because it says no doubt that the number of people benefitted from this program is much higher. it's not just the financial benefit training and developing local stuff means libyans can perform these operations in the future. you're more than 10 years of conflict has had a devastating impact on an already struggling health sector. libya has seen

relative calling since a nationwide ceasefire was signed in 2020. that's allowed the government to begin work on improving medical services and give people here hope that things can get better. and i will train elder 0 triple the this is out 0. these are all top stories you claims has its forces. have we gained control of 7 villages from russian troops? 5 thing is centered around the eastern city of blackwood, and 5 himself. moscow has not acknowledged any ukrainian advances, chuckled at 1st in any resistance, tried to repel our attack with artillery, but we managed to take initiative into our hands and slowly house by house. we started to recapture the village. approximately. we killed 10 enemy soldiers and took full prism and thought of the ha, the officials say 3 people have been killed in central ukraine. an overnight

russian missile strikes on civilian infrastructure. the map of creevy recess, a 5 story building was hit, and a number of people were in a serious condition in hospital. meanwhile, emptied military officials, they at defensive, destroyed o washington, missiles targeting the capital. for me, you as president donald trump is in florida, i had of has caused the parents later on choose day. it faces $37.00 charges in connection with the allies, mishandling of classified documents. security is being stepped up in miami, ahead of trump's arraignment. is the 1st bullet present in us history to face federal criminal charges. explosions have brought the sidney city of on demand as facing intensifies between the army and the permanent to rapid support forces. and these 18 people have been killed the since sunday. my own volcano and central philippines has begun spewing lava ortiz was having to move another 25000 people to

safety in case the volcanic activity escalates the does of iran and venezuela say they want to increase by last full trade from $3000000.00 to $20000000000.00 us dollars and made the statement of the meeting incorrect as a 1st stop on a run in present abraham lacy's tool of self unless in america there are on events way to also reaffirmed a 20 year cooperation plan. i see will also meet the leaders of cuba and the curriculum is all your headlines and avenues updates of to counting the cost as the latest news, as it breaks of the b instead of being spent to make the network better. experts say investments are needed in technologies that make up facebook with detailed coverage. they will likely remain in the hospital for the next 2 to 3 weeks as they advance in their recovery process from around the world. they say they are

progressing from the south advancing around a week the other on the clock. this is counting the cost on al jazeera. we can look at the world of business and economics this week, a salad easily pump. that's how the kingdom described its move to unilaterally taught toil outputs in a bit to boost prices, will help to sweep new markets. also this week, tackling kentucky's cost of living crisis. the nation's new finance minister. boeing to returns are rational ground and economic policies. plus more money will be going into clean energy, the oil for the 1st time ever. we find out what's behind the boom. and so the power

invest, the so all produces facing fully oil prices and best buy will street speculate as could push price is further down. saudi arabia, the world's biggest exposure, says it wants to target base trade is it's announced. it will cost output by $1000000.00 barrels a day starting next month. the decision came off the legs you negotiations by the opec plus airlines that so other produces, extend earlier, reduction through to next year, which are again b. as this report. saudi arabia's minister with energy arriving at the headquarters of opec in vienna up to 7 out of to the organization of the petroleum exposing countries and its allies, including russia, known as opec plus, said they were cutting supplies of crude oil. again, we're hedging between using them fundamentals to hedge. and we would

continue to age as long as we don't see that at the ends and stability. pos accounts for about 40 percent of global crude oil output ministers agreed to extend costs of $3600000.00 barrels a day until the end of next year and said they'd reduce output bias. the 1400000 barrels a day in 2024. 0, tech is roughly administered, right. what about the economic go slope, which is not too good, the warrant about interest rates rising still in the us and certainly in europe. so the but the week economy, and we call him is week the month, which is no good for prices. in addition to impacts costs, saudi arabia pledge to caught 1000000 barrels a day in july. the international monetary funds says the kingdom needs an oil price . grace has an $80.00 a barrel to balance its budget energy and his phone. opec strategy relies heavily

on increased demand from china following the end of it 0 cuz it policy, the real question for me is around what happens if we see if demand doesn't come through in the way that it's projected to. or if we see a, you know, additional slow down in the global economy and then kind of what is what's left in in the opec arsenal to, to respond to the us as during the tooks opec also agreed to increase the united arab emirates quotes. and next year, africa members including nigeria that haven't met the targets had that quote has reduced the price of brent crude rows following opec's announcement of costs. but the gains were limited because of doubts. they won't be enough to stabilize energy markets. victoria gates and beef accounting, the cost. well, oral price is sold to more than a $120.00 a barrel last year. but as we can see here, they trump back to level seen before russia invited to crate us despite the reduction by opec costs of nearly 3660000 barrels a day since october,

a production caught announced that april cent price is up close to $87.00, but the price boost did not last long. international benchmark brent crude fell to nearly $70.00 a barrel at one stage more than a week ago. it jump slightly up to more than $76.00 per barrel onto the latest announcements. a. let's take this on joining me now for me to buy is a robin mills. robin is the chief executive officer of come up energy robin, welcome to i'll just 0. what do you make of the market reaction to saudi's decision so far? well, pretty tough is really, you know, not, not much price action in the game, but nothing significant. and i think, you know, addictive of where the market's mindset is that's, it's pretty bearish, pretty glibly about the demand and economic picture. and supply cuts out to help short prices. right. so where do you think it's heading? do you think that will change. 5 i think it will, but it really depends where,

where the, the economy is going and i think it's a comcast. what is reasonable demand just recently strong, the whole, the whole cast would show the 2nd off. yeah. significant data sets on price is going up again. and that's where the of the costs will really start to have a fax. but if you don't see them, ok, you still so very much all the negative mindset to, to the, to the general demand for us. if you to go thankful castle joshua and j 00, talk to the state of the market called see much when we got 2nd off, the agent on the gable, he, the only missed about the economy, the solve the amplitude, china versus us debt, prizes, bank policies and so the saudis seem pretty to time and then they to make this happen, you know, sacrificing market share to push price is up. how long can they keep on going sustaining these kind of costs. but i think it's difficult because of that. i just round about the talks of cost. the site has been the only ones to to volunteer

a cost and add you to to just quotas and solve that. that already comes into effect next year and it's kind of national anyway, most nights. so the site is valuable, just copy it by the next week. the process of the box finished the website they want to, but they want to volunteer. yes, another account to you do actual costs. and then the other side of the schools is russian, which, which was i promised to come today go on the day just pretty high, easy, but it doesn't say the russians. i've got a question. so why do you think it's been so difficult to stabilize the markets? i think just because of the, the mindset, you know, we, we continue, continue having the next to the economic use, you know, we have the, the cops and some us bank. so we have the steps leading towards, look at what's behind us. now we've, we've has a washing china, chinese reopen and i was kind of, we buy it carefully, but the nice chinese export think is not very good. so i think the market is just in a, in a, in a much at the recessions coming week in mind. these coming, the, the, the major agency forecast drove off to mistake on the,

on the demand in the 2nd. i'll be why don't we do this the same. and therefore the supply cuts off a 1000000 barrels by everything. but i will say that i'm still the to enough to, to give a push. now i can swing run quote, quite suddenly. you know, the market has, has moved to the bank eligible. i'm pretty sure we did take on the data stops point because the only match says that the saudis need at the all the price to be at $80.00 to finance is budget. it's janine that's, that's the kind of price floor that's targeted by opec plus. yeah, so the price isn't $90.00 and it isn't point now. so they can still kyle with each plans. people want you to run depths. it's do so. um. but i think the price of the car be around to across right. id would look like what a reasonable it would make up. yeah, think members, and they could excited every single house. this is outside the world of, of that is trying to intentionally push prices up a your average person would have little sympathy for the big oil producers with

reco profit so around insightful. yeah. well, i mean, this is a, a mock and it would show up, it has more of a power and it has a lot more power to dies. and he did a few years ago because of no russian or these not rushing gross elsewhere. i added say on is that it's company sponsored, that the countries also the couch that provide interest the same time. i'll see the us dollars for process the lot. you mentioned russia and that position, and all of this is generally speaking all day in line with the policy. do you think? well, they're in line with the policy, but i started rubbing the cops and now school processes and rush it doesn't dr. katya, but i don't think we're rushing, but i should as, as come down the coast installed a lot. but you know, not re mountaintop h because sanctions and difficulties exporting russian oil 50. the russians are promised of all energy costs in april, doesn't really say that the liberal us and i think is

a father. next slide that makes you, it still seems wash so cost significantly. so there's a lot of much articles session besides what was the site. we're waiting on, i have to continue these concepts of russian stuff jointed because i was on the point for me, you know, big plus it was to get russia and some of the reports, not a big countries inside the tent that happened by he had the some cuts to school. ready legit action and that worked very well styles they the company and debbie went with all the countries cap certificate the same is waiting so well. now, what about those short sale is the speculations of decided he says it wants to target, is it going to hurt them? the process wasn't very much so i wouldn't expect. so i know, you know, pick would last short positions and will still fail to you know, that they're still justified across sunny, got up slightly in the store for, for, for the phones. so we didn't really see him. i just jumped the process along people's particularly shots by the kinds of aging observing what is this going on? what about the united states, how they view it?

as of us will feel really comfortable. enterprises is not too high, so it's not too low either. and obviously the. ready huge oil producer, so it's always balancing the, just the oil producing companies. nobody's excited, so it gets consumers and perform for all about as a price, a level $2.00 low and prices are in the range. we're getting 2 quotes right. so you guys could think about refunding it's cheaper time, so would you brief hold on a couple of months back to didn't say so, i'll put you to see what it does. a chance that around the middle is great to hear perspective. appreciate that. thank you. thank you. not processing chuck yet have rocketed over the past 2 years with inflation hits. you get 24 year high in october. but that's why the president terrific type of demand has refused cools to increase interest rates to bring prices down. there is a new treasury in finance minister. he's popular among foreign investors and will now be tossed with fixing the economy could met some sacrifice certain plans and

orthodox policies significantly only reports from a stumble in the taste of smith or the turkish beg oh, is the most affordable sweet food in turkey? yes, but the price of the turkish breakfast stifled has increased my fault in less than 2 years. that's the result of the government's honest looks, monetary policies that have led to a sharp decline in the value of the currency. now present project type out on has re appointed his former orthodox economic minister might mention shake his job as to what's the appetites of the markets following guarantors, presidential election victorian last month, but some are skeptical. various of all do. much of the uncertainty has been removed . the fact that those who to the office were dismissed after directions were praised by the markets on the main source of concern. so how much certain told there would be in this regard. the markets are now questioning whether disappointment is being made in preparation for the local election. that's

scheduled for march. under our tones in the fluence, the turkey central bank slashed interest rates over 2 years aiming to boost growth through exports. los more than 90 percent of its value into last decade following a series of crashes the worse less than 2 years ago. to get in for us to not use immuno done by doing a hand over ceremony subjects that took you has no other choice than to return to what he called a rational ground. prioritizing a rules faced, predictable national economy to ensure prosperity. so as long as you have an independence, central bank, and so long as your central bank believes in orthodox policies, there is a way to get out. what we don't know for sure is how much independence they are going to have. and to what degree they will be able to implement these orthodox policies to despite the failure of what presence hire don, described as a new economic model,

he has reiterated his desire to bring interest rates down. from his minister days to check is known as a stringent the calling of us with the election left behind what is called the campaign economy is over in turkey. and he is expected to press on with a stereotype. citizens are over the suffering from high inflation. a d valued currency and the cost of living crisis. now they are being told that to overcome them, they need to further talk them through bells, along with the government. but many are waiting to see if presence are don is being sincere. when he says he's granting independence to his new economic managers, c non custodial for accounting, the cost is stumble. so how does took? he has $900000000000.00 economy shape up, while inflation has nearly hops since its peak of 80 percent last year. bought the tex never lost nearly 70 percent of its value against the dollar in the past 5

years. at times to prop up the currency in finance and account deficit have depleted foreign currency reserves. tech is economy expanded by more than 5 percent in 2022 and grew more than expected at the start of the yeah. but let's say that growth could fit in the coming months, a ball from a symbol. now i'm joined by a need for it says good. who is the chief economist? that is, i should management. i need a great time. you with us. thank you for joining us. here and out to 0, so we have this guy is highly regarded in the financial world. he, himself a has pledged to return to rational economic policies. what does he mean by that? and what do you have a free hand to do so? um yeah i, i think it's a very good question because back in 2020, we had an episode where the central bank governor and the the economy means there were changed and that change was accompanied by policies that are more,

they more including more rational actions this central bank stopped for us to say to beginning in the effects market, the inflation targets in becoming an objective again. and we saw some monitor types and in kind of a breakfast didn't last long the and after that, the economy policymakers became committed even more to the so called new economy model and unconventional tools. so it's very right to ask whether should check will be able to deliver what's he is intended to. but i think this time is it's, it's a little bit different because now the polls to make us the chance to opens or the outcome, the, the, the results of the new economy model. and it appears that there are some more significant risk, the cost range to keep the navy economy model up and running. so they have,

they had a 2nd look at this new economy model. and now both they have to change it and they believe that there's a good reason to change it because the new economy model, unfortunately, it couldn't lead to better trade, performs trade balance better export performance, and then the option in import import dependence to so i think this times it's going to be different, and right, it's a fine line for him to try it as an efficient to try because his boss, the president, is known for the fact that he, things that high interest rates are the cause of high inflation. so what can we expect to think in terms of interest rates? yeah, i think the interest rates will be high. because if you look at the news flow that was circulated for rent 1st m solution check and present, add on med, be on means a cape po for shows. we're claiming that there will be

a bit going back to or so those policies. and if that misses face an interest rates high, that will be the case. i mean, if interest, if that is the means is that interest rates will be high. then also i combine this with the, which is 6 own explanation on an emphasis on rational policy is predictable. would see a rule based economy. uh so i think this will include an interest rates hike and it's the next meeting we will probably see hi can interest rates. and what about the layer of what's he going to do about baths and, and also for the countries depleted reserves. yeah, the, the most important thing, the most important issue to tackle in the 1st place is the effects the reserves actually into, to cause risk strict or, or, or lower effects demands. and in order to do that with the monitored sites and inc, i think there will be a slow down in long grove, the economy will slow down. so this will lead to

a lower import demand. and more importantly, the choice fee is going to depreciate. probably we owe way this whole song depreciation, but i think it will, it may that may be room to go more. um and the, it's great to be, you know, quite contradictory because it's a sign. when $12.00 types of thing is happening, you normally wouldn't see which one is the weakening, but the fact that the central bank will allow the free market to determine the exchange rate rather than buy, you know, intervening in the effects market that will lead to at higher interest rate in the higher exchange rate at the same time and a higher exchange rate will also allow some adjustment to external deficit. so, so overall, this will probably lead to some, uh, this will contain a fixed amount and also this is not going to only help the external deficit side.

this will also help local investors residence to probably it 1st stop accumulation of hearts courtesy. and then at some point, when the currency and interest rates are at most fair levels, then at some point they may decide to go back to turkish, they're out of savings, bottom line, and briefly, if you would, is even mind to fix the economy. yeah, i think so because there is an available background for that. as i said, i think the local investors are very much dollar rise. we don't have much coordinate unless there's that for an investor positioning in the turkish market. this is extremely low compared to historical standards. so i think when to, as soon as the uh, the shake a team, a shake and his team cruise that they're delivering what they promise, i think there will be some increased confidence which will attract

a for an investment and which will convince local investors to go back to turkish lira. so uh yes, in the medium term, we need some structured report on some changes in tax policy, education, etc. but in the short term there is room for norms, improvements, uh, even with basic implementing basic economy principles. and i just great to get your balance is thanks very much. thank you. now nearly 3 trillion dollars is expected to be invested in the energy sector globally this year. but for the 1st time, it is anticipated, more money will be spent on sell a path than on oil production. the international energy agency says at least $1.00 trillion dollars will be invested in sectors including renewables and electric vehicles. the rest will go to oil, gas, and cold. so let's break down the figures. at least 1.7 dollars is now invested in clean energy for every dollar spent on fossil fuels. the ratio was one to 15 years

ago. so in a pallet spending is leading the increase, it's expected to reach more than $1000000000.00 a day. that's nearly 380000000000 this year. well, more than $370000000000.00 would be spent on oil production bots, investment a new fossil fuel supply will rise by 6 percent this year. that's still double the level. it needs the full if the world wants to reach net 0 emissions by mid century . what dave jones is joining us now from london, dave is the global insights lead him back flying at the end of the climate organization. so it's a 1st stop. how significant is this a shift in investment and what's driving it? yeah, it's a very, very significant amount of investment guidelines to create an investment. a i've raised about $5000000000.00 a day at the labor late last year. and there was a 6 year in a row. the clean energy investment globally was bigger than fossil fuel investment, clean investment. it covers a wide definition. things include things like uh,

energy efficiency and nuclear power and electricity greats. but the full technology is a really, that's a um, so much of that drive, well sort of called wind power electric cars and heat pumps. electric costs have been on a, a real tab with us knows up by said last year. and in terms of what has been driven by so much, it has been driven by positive government policies, but so much as well has been driven by consumers who want uh, what's biometric cause on one side of the panels installed in that room. and so it's very much a driving force and all of this is net. why is that? um yeah, the i a lead with the, with the headlight about southern investment. i would take you on investment for the 1st time. so in the context, so they'll have is the fossil fuel, uh, now site or investment has leapfrogged into that, that really positions toyota as a true energy, super power. and i guess is particularly puts in

a when you, when you try to link the 2 together, when you look at like the big, the biggest domestic lighting investment coming through, which is inside of how funded by electric vehicles. and you can say that in the old economy where you had oil having fossil cause, you've now got started up being used to power electric cars. so there's a real connection between that. so it's pretty evident then the clean energy industry is very much emerging, but it's not being helped is by the fossil fuel companies. in fact, quite the opposite. uh indeed. so um, so the investment um uh is, is off again uh, last year and this year. um which uh, which is not so good. um the uh, the codes from um 2 bedroom on that the, the, the head of the expression in each agency when he launched his uh, his work from train investment. it really pointed message to what size companies um, the investing into you felt which was the changes coming fast. and when you look

a lot about cleaning investment coming on, that clean investment into renewable electricity is coming on with a 0. emotional cost is not increasing the rosemont full of energy, but it's going to be doing is going to be displacing the need for a $4.00 foot bustle chose. and so far it hasn't quite reached that critical point. and uh, at the moment so much of that kate in investment is just uh, just driving just genuine investment insight into a general jermanti manager. but it's now it's starting to increase to the level where it's actually going to stop reducing fossil fuels and, and in the next couple of years, that might be quite slight lights running. that, that guide, that's going to be extraordinary quick. right? so how far are we away from a clean energy economy? is it going to happen quickly enough? um, uh, how far away? well, hey, um this is kat date depends on the part of where you live. um, so although the uh, the story on st investment is a really positive him,

but it was a really positive story. in the case of emerging countries um, outside of china. on that 1st i have got the same amount between investment. they had back in 2015, so i so much of that but not driving force. increasing investment has pain in it. obviously the country is, is pain in china, and it's left a lot of emerging countries a bit behind because that still some way to go. all right, they've changed, appreciate that. thanks very much indeed. you and that is i'll show you for this week. if you'd like to comment on anything you've seen, you can tweak me at the clock out jobs, please use the hash tag a j c t c, or just drops an e mail account with the cost at al serra dot net is our address any more for you online it out is there a dot com slash dtc that will take you straight to a page which has individual reports, links, and date and time. so it's you to catch up and that's it for this edition account to the cost. i'm a clock from the whole team. thanks for joining us with use. it's coming right off

the just after midnight on march 10th. 1945. devastating us a raise on tokyo. i'm reach firestone on a densely populated area within the paper houses by sunrise. more than a $100000.00 people, but that 70 years later those who survived seek recognition and compensation for the event that define their lights only to find themselves still cost aside. witness.