it's this essential task one vents and then the power plant solar panels aren't enough to keep the lights on. and i installed solar panels, but i couldn't get through to of my generator because i need 24 hours of power to preserve the meat throughout the deluxe to 30 percent of the countries electricity supply now comes from renewable sources 11 on has exceeded it's 1000 megawatts ceiling for solar installations, that means the country has met its 2030 targets to reduce emissions. that was not the result of a plan to tackle global warming. it was a reaction to the economy's collapse. but still one in 5 households can't afford power of the so i've got a big one. i'm very close to the $30.00 to $35.00. so i live without it or an estimated $80000.00 households have gone green. that's a fraction of the 1500000 will need the government to do its part. so that includes their elders either pay the road. cycling is known as one of the toughest sports

out with the steep mountain stages not to be particularly difficult. that's no excuse for this kind of cheating. g one, right? has it been disqualified from the on the 23 version of the g, or the tell you forgetting a sneaky tow off a mountain. and this is the proof footage from spectators shows compasses is holding onto the team cause and most of bikes during a climb in northern italy. and i, the, the, just a quick look at 9 stories now and it's been a dramatic escalation. and the number of people fling the violence in saddam's westoff for both you and us of one the region could see every piece of post mass atrocities a groups of setting up the field hospitals on the border to treat many people arriving with gunshot wounds,

st. but strongly has more from the chance to don border after overnight fighting to continue this morning. the influx of refugees from sudan in the chat has become exponential. you and hcr is here assessing the situation. and they say it is never in the past 2 months of war ever been dispatch, certainly not at this border check post in audrey the you and hcr also says that there is simply not enough funding there under funded, there is not enough international interest in this crisis and now there's only chaos. the u. n. and 8 agencies of course, urgent action to prevent more tragedies off to this, we ship wreck of greece up to $750.00 people. the need to be on board. those found a life has been transferred to a migrant comp, african leaders of coal for diplomacy to end the war, new crime during a visit to key, which coincided with more russian missile strikes. delegation will next had to st. petersburg to meet with latina, clinton. molly's fall minister is called for the one security council from

mediately with drawers peacekeeping force in the country cooling. it's a failure is reject to the idea of changing emissions. mondays. the one is expected to renew the stay in the country for another year. was the headlines do station for counting the cost that's coming up. next, i'm getting to ideals, the french republic system for claims. but just what is more than friends in a full pot series, the big picture takes an in depth, not from the same size episode to allergies, era. the

hello, i'm molly, i'm sorry. this is counting the cost on out there. your weekly look at the well, the business and economics this week, the e u is offering to mizzi and nearly a 1000000000 dollars in financial aid. the fund could show up the nations facet economy. i'm reduced migrant slice. well, what are the conditions to receiving it? also this week the u. k says it's reached a fast of it's kind of economic partnership with the us, the packed the source of the free trade deal so easily. it's a special agreement for a special relationship and time is used joblessness and admin cities is so record high. we find that moving to the countryside can help solve the problem the, to lizzie, and these tests drafts and the economy is heading to with a collapse base and commodities have been in short supply for months and many to

millions struggling with the rising cost of living the european union is worried if the country's economic cross is gets, was more migraines, could cross the mediterranean sea to see come back to life in europe. so it's all for the nation financial help. well, what is the blog asking for in return? how many of our reports for the 2nd time in just a week, the president of the european commission, along with the tale and adults prime ministers have come to tanisha for talks with president ice. i get the main focus is migration smuggling and economy cooperation . european commission is considering macro financial assistance as soon as the necessary agreement is found. and we are ready to mobilize up to 900000000 euros for this purpose of macro financial assistance. as an immediate step, we could provide an additional up to $150000000.00 euros in budget support.

right now, condition economy is in crisis, and the nation's credit rating has been recently downgraded by agencies with fees of the country default and when it's step. so this coupon has to be endorsed by e governments. as soon as you know how to finalize and how to deal with. i am if the said deal involves a $1900000000.00 loan for tanisha. but to issue the president, i saw you rejected the pin for forms required in the terms of the offer. mean, when you look at the different conditions on the i met does include the subsidies, especially into a new product. so 1st necessity is not the end of the 1st of, of donations mean having this condition name to a to 9 master the something that case i, it doesn't really want to have. but the same thing doesn't really have a choice analysis. believe the use optimal objective behind the desk, you can use to assure attorneys,

just from cooperation on the issue of migration to nation. presidents has been critical of your policies, whatever. hi, they are victims the victims of a global system that unfortunately treats them not as human beings, but has numbers. we cannot play the role that someplace openly and others hide beam gods for their country. and the solution can only be humane. collective, and based on the law, tanisha has recently turned into a favor. the positive point for migrants trying to across toyota by c u fee is a potential deterioration of the economy situation. as soon as you could make it more difficult to control the migration flows, how much fun does your for counting? the cost of joining us from london is thomas quits housekeeper. he's a senior practice director, global counsel in the head of the global council mino office here in doug hall. thank you for your time, sir. so tell us a bit more about this european proposal for news. yeah. what exactly does that entail and how much difference will it make to tennessee is economy. the deal,

i think is quite an important step within a lengthy process of getting to an easier. so when i'm asked to you, and so what it contains exactly it's, it's and also to, to an easier to join an i'm a program that has been on the discussion. snow for, for over, over falls probably yet. so the data contains of financial assistance. some of that, if you did some of that, um, well the launch has the mountains around 900000000 in metro financial assistance, which would help the attorneys in a government and uh, central bank uh to stabilize its uh, its total of finances. the uh, the deal also includes um, an offer to upgrade to the existing trades agreement, but pretty sure that it contains provisions on energy and people, the people context and also, and that's, i think, very important from your perspective as well. it contains an hens, cooperation on migration where we have recently seen large numbers of embarking

from tunisia to utility and multi. yeah, exactly. tell me more about that. how much of this money is being directed towards dealing with the migration process? so that will actually be a small pond, so it'll be $1.00, a 1000000000. this is only a 100000000 that will go to the border enhancement the border protection. so it's a fairly small small amount of bots. if you look at similar deals, that it us truck be with egypt with, with libya, and almost it's not insignificant. of course, from a european, from an you perspective. that migration question is much more than about the border issues, but also about how can you actually stabilize the tunisian economy in order to reduce if you're willing to push for those that are making provisions leave, leave the country. no indeed, that makes that does make sense,

but yearly does have said that pumping money into tennessee will actually kill the business model. a smugglers. do you think that is a realistic option? so i don't think it's an option, least in the short term. i think, you know, if you think about the attendance of border protection, what it does, it makes listening to smoking, business risk. you make the costs for you um without addressing at least before 12, the underlying factors to drive people to leave a tunisia. so i think in the fall to him it's probably not achieving that to a large extent, even though it's the secure dies is perhaps the issue in the longer term. it's clear to everyone that tunisia needs as a solid economic strategy and needs a solid financial support not only from the you, but from the investment of monte lot to run by law for the donors. so in a sense of getting through an easier to why the package will help it's um its various challenges and the longer to for them to show it to him. i think the movie

of arbitron. what do you make of the most of here? because president, case site seems very skeptical of this deal. so i think that is, um, perhaps, to some extent this, this feeling that uh, that's uh, european leaders you know, certainly worry about about my migration basically one ticket at 2 need on boards to now restrict, you know, the amount of people and boats leaving, leaving tunisia and she was a and, and so on. and it has been tanisha, like all the agirri and all those have been more resistant to, to work. and with the you on the migration issue. a lot of calls like so many leaders in the mediterranean hills and noticed that because it's such an issue for, for europe, it also give some leverage over europe. mm hm. and um, you could also argue that the, the, the also that, that your best making continue to is to some extent, but was needing to prep the expression of that. namely that you're really needs and

economically stable to tanisha. and in order to have a sustainable solution on that migration question, what about the ultimate funds that to nicea is hoping to receive again, president, case site has been very critical. some of the reforms being asked of to miss you. what do you make of them? the problem with i'm as reform is, is that they always offer a show to him paying for long. ok. and a president, sorry, it has, uh, at least, you know, supposed to call a hold of president for the next election next year. but which makes sure he makes this period now until the elections, at least that should the take place quite an important time period. and of course reforms all of that is the painful reforming as always, cutting energy subsidies, texting the public sector wage bill. and when many other things will create,

i'm using different parts of a tanisha. and so the question is way much whether and it can be agreed with the m f because i think something needs to it needs to get done in order to, to avoid a default of tenicia. and by the question is perhaps, to what extent you need the attorney general forty's and beyond that can agree on a deal that makes it politically feasible for the current administration. that has more flexibility perhaps, than policy agreements in terms of the reforms that are required as part of the agreement and especially at ols with the timeframe that is required to implement this before. where you good to get your perspective. thomas krakowski, a senior practice direct to global count, sol speaking to a site from london. thank you. thank you. a person has thoughts, a comprehensive trade agreement with the us census withdrawal from the european union more than 3 years ago. but the free trade deal promised in the 2019

conservative policy manifesto appears to be on hold. the prime minister believes the world has evolved since then. he's deliberate and economic agreement with washington, which he says, tackles the challenges and opportunities face now on in the future. really soon, i can president joe biden have announced a limited trade packed up the atlantic declaration. it covers critical minerals, defense, cooperation, supply chains, data protection and sensitive technologies. according to the white house, the agreement is aimed at reducing strategic dependencies on rival powers. well, the british prime minister made it clear that the 2 nations of strengthening economic secures, in response to growing threats from china and russia. countries like china and russia, i'm willing to manipulate and exploit down roof in this. still our intellectual property use technology for all of our tiring and or withdrawal crucial results is

like energy. they will not succeed. today we have agreed the atlantic declaration, a new economic partnership for a new age of a kind that has never been agreed before. what exactly is this f atlantic declaration? well, it's expected to give british funds access to tax credits on the us inflation reduction act. the $370000000000.00 subsidies program was introduced by president biden to boost green investment in the us. as part of the declaration, the u. k, will also be designated a domestic solos for defense contract is that allows bigger american investment in british companies. it also includes a commitment to a data bridge which would allow you k funds to transfer data freely to american organizations without any red tape. the 2 nations will also cooperate on artificial intelligence, civil nuclear power. i'm sensitive technologies among other areas to joining us now

from boston. luna is vicki price. she's the chief economic adviser at the center for economics and business research. thank you for joining the program. vicki. this is not quite the us and u. k tre deal that was promised by the tories. can you explain exactly how this will benefit the u. k. economically. but it's interesting when you look at the aspects of the deal, because they include being able to move goods more easily, particularly on the defense side, where of course, there is a serious concern right now, internationally. so you have that agreement that in terms of exchanging goods and, and also the u. k. being able to supply the us with the whatever the inputs is required for the defense cooperation that already exists. of course, between the us, the u. k. and an australia which has to be strong, of course, quite recently that that is allowing free movement of all of the products. also, course, it's in the area of the minerals and, and to the types of material that is absolutely need it for moving into the green

technology area. so that's quite an important part to view k to ensure that there are no terrorist. so at least those easier of trades between the 2 countries. so the cost to businesses, the case, considerably less, both in terms of being in tech support. and of course being able to import as well . and that's very significantly, is the question of whether some of the, the inputs from the you came to the say of the production of cars. and can be considered to be a domestic input. because under the, the new rules that are being set up in the us. but you have to have a certain domestic content in production if by which would mean us, if you are allowed to enjoy some of the subsidies are being offered now for development. so the game is getting into the position of being able to reconsider his domestic one under some rules, but the you, of course, is trying to do exactly the same. so you guys are the only one which is worried

about this issue. so the labor policy at you would expect to have been incredibly critical of saying that is going to lead persons cupboards back. is that a fair assessment? well, what, what needs to worry about is whether the tray deals that are being negotiated, whether you want to call them a free trade deals, or any other agreements that maybe are benefiting more the okay, them the benefiting or some rather than getting more of those, we stretching deals with a rather than b u, k. and they have been concerns about regulations which i presumably lock. so in some countries, including of course in the us, consumer concern about good cultural products. but this particular agreement doesn't have been much to do with that aspect. of it, it's really much more incorporating it in other areas including of course services . and i think that's good news from that point of view. but there's always the concern that the deal with australia of the deal possible deal eventually with the us as well. main facts and up with the culture of products coming into the u. k. a lot more easily than just a question for you. k farm is exporting anything to the wide world if you like. and,

and therefore that by just reducing also some of the regulatory requirements we may end up for in the u. k. then otherwise be the case. so this idea of mental health is very much, but i think there is a very important requirement right now to work with us on all these areas that the us is investing in. and being part of this rather than being outside to view k of causes in a strange position because he left the he was kindly appreciate within particular mikes because it's just one country trying to get into this. but the defense and other close relationship. so the cat has with the us is something that can be built on. i think that is what we should have been trying to achieve from what you've been saying. it's sounds like person's access under the us inflation reduction act is going to be a, a good balance interested in yes, i think that would be helpful. so the question is, of course, exactly how it works out because implementation is going to be very important

because i was saying you was trying to do the same. so of course, there's going to be this your competition and who gets that 1st and which parts of the whole process perhaps is that you can have a competitive advantage on comparison to other countries in the u. but i think in this particular area, you can see how, you know the thing clips to the us, which is going to be spending law sums of money in supporting its own industry and with huge subsidies on the green front. in particular is, is a very thoughtful part in the way in which do a politics is moving right now and just look into the future. do you think a more substantial trade deal between the us, the u. k. could come about. it's confir. so the members of costs, it goes to the residential elections and nothing is going to be going on. and we know that president binding has not forgotten the top of his agenda. the question of course, is, who is going to be present in the future? and we do know that president trump didn't really have any huge interest in achieving anything very much either. and certainly if there is

a change of government in the u. k, that may prove to be difficult as well in terms of any of possible, you know, seeing i to i, in particular areas. so big question, lot of, frankly, and you know, when the, the us in particular is going to have an interest in doing any deals either with u k o a with the u. a that's going to be either something that we've jessica know for intel right now. like i said, interesting to, to see you. thank you for your input chief economic adviser at the center of economics and business research. thank you all the time as an economic recovery, often lifting strict coded restrictions has had a strong salt to the yes, the rebound is now starting to lose steam and use unemployment is as a record high within 20 percent of the nation. 16 to 24 age group unemployed in may . that's one in 5 young people. now indications the situation could get even worse

. victoria gave some be reports times the tough for these chinese graduates. they're looking for work at this recruitment fair in shan young city in the north west improvements of shan, she the competition for full time job's intense unemployment, among 16 to 24 year olds is here to record high in china. hold on one and 5. and now without work, that's nearly double pre pundum levels and full times higher than the national unemployment rate. a growing number of young people are moving to rural areas to find work, say full and g county. and jen provence has persuaded more than 600 up and used to relocate most to doing freelance remote work. and they'll pass the progress strength on you to not start your live, you know, city or your comm even have a life or whatever you call even. so why, if you can do to tier 2 or 2 or 3 cities or even small counties, it's all okay. the chinese government is taking steps to promote employment for college graduates. it's announced a 15 point plan, including skills, training,

and pledge to create 1000000 internship positions in states and companies over the next 2 years. but with around 12000000 young people set to into the workforce this year. some worry, it's too little too late. one thing that, if you look at a recess, fix, fix that to that. um, right, quote, number of, you know, with university graduate going up to mazda typically will p x rate degree. so, i mean, the, the real time to might be one out to 2 or 4 years out, or is quite a ways coming from the mazda probably got to make matches was recent data suggest china is post pandemic, economic recovery is beginning to lose momentum impulse a contracting and industrial output is fully show to the expectations. economists say, getting young people back to work is a priority, not least because the account finale 20 percent of the countries can see misspending, victoria gates and be for counting the cost to join. now from hong kong by carlos,

casanova, senior economist, a asian union bank cap, purvey u b p. thank you for joining the program so. so what has youth unemployment risen so months in china? i think so. i mean, um, so we are seeing a significant increase in youth employment and that is despite the headline unemployment number remaining quite low at 5.2 percent from today's date we've seen it go even higher from a record of 20.4 percent last month. the 25th, 20.8 percent. now there are many reasons for this. of course, the expectations of the economic recovery are still quite sluggish. and so many specifically, private sector companies are postponing the decision to hire that is not going to change until there is an inflection in sentiment. and of course the private sector is huge. be important in terms of employment because it constitutes 80 percent of employment. contrary to the belief that the state is the largest employer and 2nd

business, what types of jobs that the younger people tend to go for. we talk per domain and be concentrated in the services and also the tech industry. and of course, that's an industry that has been struggling from the regulatory track down in the last couple of years. so what do you make as the governments of 15 point plan to tackle this issue? um it's, it's a good starting point. um, i think uh these measures are always uh, look very good, but it typically entails a lot of training and coaching. keep in mind also that to much like the housing sector, the labor market, it's slow to move. so we might still take many quarters before we see that inflection point. i added to my point earlier if you have a sector like the private sector, that accounts for 80 percent of that like the job, not the jobs in, in china. the most effective way to address the issue is to allow for on the

regulation and the private sector, remove some of the cobwebs and provide visibility for the private sector going forward so that the private sector companies have the confidence to hire people and don't continue to postpone their decision, it's really interesting we heard from presence using, paying towards the end of last year, talking to and youth and saying you need to move to the countryside to get jobs. which is quite ironic. what is the logic behind that? and do you think it makes sense? i think there is a group of people that might benefit from some of the trends that we are seeing in terms of reducing some of the regional inequalities. we are seeing a shift in particular in manufacturing, away from tier one cities into um, in lens parts of the country. we are seeing that a lot, for example, with the uh, the iphone assembly moving functions and up north. and so for a certain group of predominantly. ready workers and that might make sense for them

to seek opportunities in some of the cities that are going to take. ready over in terms of manufacturing, but of course when we talk about university graduates, and by the way, we expect use unemployment is only going to get worse over the summer months. as more of the students joined the labor force after graduating for those types of, of, of, of, of workers you use, and you still need the high skills. i'll put you in a thieves within tech, another private spears. and currently we don't think that the policy makes is supportive enough to those sectors to ensure a smooth recovery and you find employment in the months ahead. so what was your full cost then? i mean, looking at the economy as you say, the data is slowing down. how, what kind of impact is the sort of use unemployment figures have on the lodge of why the economic picture. it's preventing the brother name of the economy away from just pure consumption of services. post reopening to a more sustainable consumption the trajectory with strong

a domestic investment. the reason for that is it's one of the things that he's driving on sentiment to together with the housing sector that is being very sluggish to recover in the 20s household have a lot of exposure to real estate about 60 percent of household. welf is linked to real estate. the the, the other factor is the labor market. if you're not 0 stories of, nope, you know, your friends kid who has been unemployed for the past 18 months. or if you are yourself a parent that is supporting your child because your child is unable to find employment, you are very unlikely you're going. you're not going to be willing to deploy some of your pen demik surfaces to consume when you still have this booming uncertainty . that is affecting your private life. so we do think that this increase in youth employment over the summer months is unfortunately going to make it more difficult for the hurricanes to pivot and to broaden the economy economic recovery. and so it is going to be much more challenging to put together a package of measures that simultaneously addresses all these issues. call us. okay,

so much for you inside call us casanova. a senior economist at asia union bank cash per the u. b, p. speaking to a staff from home. com. thank you. and that is also for this week. get in touch with us by twisting me at molly inside. do use the hash tag a j ctc when you do? well, of course you can drop us an e mail the house and the cost at out is there a don't net is addressed? as movie online at out? is there a dot com slash ctc that will take you straight to our page, which has individual reports, links, and tie episodes for you to catch up on? that's it. so this edition of counting the cost i money in site from the whole team backs to joining us. the news on al jazeera is next the

respect to the street in central concave shows you how devastating the effects of russian bombing has to be. i can see where 2 of the bullets hit there above my head highs. member pollutants you mentioned military wanted him dead. the still men or believe women a property on a road costing out a 0 english crowd recipient to new york festivals through the cost or of the year award for the $70.00 running the passivity. an exodus from saddam's wisdom for escalade says thank you in bones the region is facing repeats past.