a, a key part of this new strategy is studying ice cores brought back from and talked to gotten stored here in minus 25 degrees of these particular pieces of ice contain a bubbles from 225 years ago, but they can go back 800000 years and they hold concentrations of greenhouse gases that will help scientists predicts the future of climate change. the scientists enjoy the most inhospitable places on the planet to make the rest of it more hospitable for humanity. and hope that hard work would be wasted. charlie angela out of their cambridge as well comment active, essentially used an ice cold into a tiny sea creature well protesting at an international marine conservation summits . the activists made a 3 me so long sculpture as a crew in the capital of the august. the process is all demanding action at the

summit to protect and millions of crill in the regions forces. all threatened 5 the this is out is there are these your top stories? the un secretary general has condemned israel's decision to speed up the expansion of the legal settlements in the occupied westbank. in a statement, a spokes person for i'm telling you guitar said he is alarmed by recent moves which had jeopardizing the implementation of the 2 state solution. meanwhile, tension is a high and the occupied westbank often is riley attack on that you need refugee camp. the last of the 10 hours is really ministry helicopters and find the oaks pod was fine for the 1st time. and nearly twenty's, least follies, palestinians were killed over 90 inches, 9 suspect people smugglers, the keys of playing a role in a migrant baby tragedy of greece and choose

a face quote later on, choose day each is charged with manslaughter. you and says more than 600 people on the bows, when it count sized ac one people confirmed that nice will from august on egypt and syria for seen people have been arrested in to you and during the conference has raised one and a half $1000000000.00 and pledges for the people who told us who don estimated $3000000000.00 as needed today. which amount of terry and full amount 8 organizations say pledges need to be gently turned into monday to mrs. president says his country won't accept being a re supplement states migraines case. i made the comments that are missing with the french and german interior ministers in tennis. during the visit, esperanza announced its offering tennessee a more than $27000000.00 for buddha enforcement equipment. and training phase, the headlines needs continues here and i'll do their accounts in the

city and said, we'll see that it's a truly family affair. animals use of has pulled the sons and all of them are football players. houses 0 wells tells, disposing success. story of why deal nice built by one family to the comedies champions against all the best. we don't want the freedom. we have the oldest $171.00 team on out to 0. the low on money inside. this is counting the cost on out there. your weekly look at the world of business and economics. this wave to you is offering to mizzi and nearly a $1000000000.00 and financial aid from could show up the nation's massive economy

. i'm reduced migrant slice. what are the conditions to receiving it? also this week the u. k says it's reached a fast of its kind of economic partnership with the us, the pact now sort of a free trade sale. so it's a special agreement for a special relationship on china's youth. joblessness and up in cities is so record high, we find that moving to the countryside can help solve the problem. the tendency on these tests, stripes and the economy is heading to with a collapse. basic 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 seek a back to life in europe. so it's all for the nation financial help. but 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 untouched by ministers . i've 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 or 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 credits rating has been recently downgraded by agencies with fears of the come to default and when it steps. so this coupon has to be endorsed by

e governments as soon easy has to finalize that not to deal with. i am if the said deal involve a $1900000000.00 loan for tanisha, but tradition president, i saw you, rejected the pin for forms require it into terms of the also 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 often agents need having this condition name to a to 9 masculinity something that case i it doesn't really want to have the same thing. doesn't really have a choice kind of the believe 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 taken off the policies, whatever high they are, victims, the victims of a global system that unfortunately treats them not as human beings, but as 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 e fee as a potential deterioration of the kind of the situation is you could make it more difficult to control the migration flows. how much fun does. yeah. for counting the cost. joining us from london is thomas with housekeeping. he's a senior practice director, global counsel in the head of the global council mino office here in the hall. thank you for your time, sir. so tell us a bit more about this european proposal for to miss. yeah. what exactly does it 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 and i'm a program that has been on the discussion snow for, for over all the falls,

probably. so the data contains of financial assistance. some of that, if you did uh, some of that, um, well, the launch of 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 and barking 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 will 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. i 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 your will to push for those that are making provisions leave at least 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 the full top. i think, you know, if you think about the enhanced the border protection but it also makes them just need a smacking business risk. you make the costs for you um without addressing at least

before 12, the underlying affect us to drive people to leave attorneys. so i think in the full to me it's probably not achieving that to a launch extend even though it's the secure dies is perhaps the issue in the longer tool. 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 i invest in other monte lot to run by lot for the donors. so in a sense of getting through an easier to why the package will help it's um its various challenges in the tool button to show it to him. i think the movie of all the challenge. what do you make of the use 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's uh, that's uh european leaders. uh, you know, certainly worry about about my migration basically want to get a to need uh,

on boards to know restrict, you know, the amount of people and bullets leaving, leaving to an agent sure was uh, and, and so on. and that has been, um, attorneys, uh like all the jewelry and i was happy, more resistant to working with the you on the migration issue. uh, but of course, like so many leaders in the mediterranean hills are no expense because it's such an issue for, for europe, it also gives some leverage over europe. mm hm. and um, you could also argue that the, the, the also that the yorba is making continue to is to some extent what was needing to expression of that. namely that the euro really needs and cannot make any stable tanisha. so in order to have a sustainable solution on that migration the question, what about the i'm a funds that to miss you 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 was i met reform is this that they always offer a show to him paying for long so. okay. and president, uh sorry. it has. uh, at least, you know, supposed to call a hold of president for the next elections 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 his the painful reforming as always, cutting energy subsidies, texting the probably check the wage bill. and when men, yellow things will create a nice looking parts of tenicia. and so the question is way much whether and it can be agreed with the m f because i think something needs so it needs to get done in order to avoid a default of tenicia. and but the question is perhaps, to what extent to need the traditional forties and the i can agree on

a view that makes it politically feasible for the current administration that has more flexibility perhaps a than pos agreements in terms of the reforms that are required as part of the agreement and especially that also with the timeframe that is required to implement this before where to go 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, these 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 us strengthening economic security in response to growing threats from china and russia. countries like china and russia, are willing to manipulate and exploit down roof and steal 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 source 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 barcelona is vicki price. she's the chief economic advise 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?

well, 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 to be a 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, you have to have a certain domestic content in production if by which we 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 the 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 bed. 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. so that may be of benefit, the 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 astray 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 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 let's try deals, 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 heavy left the you would kindly do she, it was in particular might because it's just one comfort trying to get into this. but the defense and other a 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. i'm what you've been saying. it's sounds like person's access under the us inflation reduction act is going to be 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 he was trying to do the same. so of course, there's going to be an issue of competition and who gets that 1st and which parts of the whole process perhaps as 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, staying close to the u. s,

which is going to be spending law sums of money and supporting its own industry with huge subsidies on the green front. in particular is, is a very thoughtful part in the way in which to 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 is come 1st of the members of course, because of the presidential elections and nothing is going to be going on. and we know that president binding has not put that in the top of his agenda. the question of course is, who is going to be present in the future? and we do know the 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 the big question mark 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 you of,

that's gonna be either something that we just cannot foretell 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 off the listing. strict coated restrictions has had a strong style 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 of $1.00 and $5.00. and now without work, that's nearly double pre pandemic 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 perio 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 research fixed expense of that red quote, number of, you know,

with university graduate going up to mazda typically will p x 3 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. i'm drawing now from hong kong by carlos casanova, senior economist, the 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 data,

we've seen it go even higher from a record of 20.4 percent last month. the 20 values 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 their decision to hire them. 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 a 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, very good, but um 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 it 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 some deregulation in 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 decisions, it's really interesting we heard from president aging, 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 that 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 over in terms of manufacturing. but of course when we talk about university graduates, and by the way, we expect using it for them. but it's 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, they called me 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. um, the brother name of the economy away from just pure consumption of services, post reopening to a more sustainable consumption of trajectory with strong a domestic investment. the reason for that is it's one of the things that he's tracking on sentiment to together with the housing sector that is being very sluggish to recover. and so in these households have a lot of exposure to real estate about 60 percent of household wealth is linked to real estate, b, b. and the other factor is the labor market. if you're not even stories of, you know, 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 the door and demick surpluses to consume when you still have this booming uncertainty and 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 called us casanova, senior economist at asia union bank cap, prevent you. be speaking to a staff from home. com. thank you. the body is also for this. we get in touch with us by twisting me at molly inside the use the hash tag a j ctc. when you do well, of course you can drop us an e mail townsend. nicole 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'm money inside from the whole team. that's the joining us nice on al jazeera is next on the wherever. there are people. there are stories, stories that must be shared. it's my biggest responsibility to speak to my people.

they have coming from a place where i believe they have more to learn. they can do better that need to be part of this change award winning filmmakers from around the world, presenting tales of true life. the witness on jersey, the on monday inside and ohio top story is on al jazeera. the u. unsexy general says he's deeply troubled by these riley governments decisions on a legal sacraments in the okay pod was fine and a statement, a spokesman for antonio tennis said that he is alarmed by the anticipation in vaults. but next week if i have a 4000 supplement unit, he reiterated the sacraments a flagrant violation of international law. he.