inflation rising, mortgage rates are all fueling both to frustration with the government, offering ticket. what that, what they've done to like the last time to turn right. and people will change the size and everything's going down really soon. that cost perhaps about 12 months to tony's parties, fortunes around the speculation. they'll be general election by november next year . but it's going to be an uphill battle. the conservative policy has been in power . the 1st, the news i struggling to point to ending achievements. burnett smith, i was just a real expert. the world's biggest, dependent across quite a is following, the bought a guy car crate to is a one kilometer long gosh. and the brushes far east. rising global temperatures are warming. what is no money permanently frozen ground? the appropriate sort of a headlines hit us. our russian president, vladimir putin,

has one, poland, about his deployment of troops to its eastern board, with better routes that move by poland was a response to white and investment was training bill of russian soldiers on ponens . buddha, he says, russia would react to any aggression against better roost with old means at his disposal. even the most i, you thinks the soviet union like to start pulling the got significant amount of lens and the west lens that used to belong to germany. it is so given west and that there is a full into the present given by starting to pulse our friends and what is the head for the boat? and then we will remind them it's a s u n. c. monetary in chief says, the end of the black sea grain deal, we'll put millions of serious risk. he was speaking of, to ukraine, inches, russia of attacking more warehouses, storing drain in the odessa region on the black sea coast. thousands of people in israel marching from tel aviv to west jerusalem was part of major protests against traditional changes and pays are expected to vote on monday on

a bill restricting the supreme court's powers to strike them government decisions. a trial date has been set for former us president donald trump, to phase charges of mishandling top secret documents. a federal judge has set 20th of may as the trial start date that will put crumbs trial at the end of the republican primaries is kindly the fund one after the nomination to run for president in 2020 for strong women is i've re ignited fires near the greek capital iphones wildfire as a force, thousands of people to leave their homes. authorities confirmed the flames had initially been contained over night, but firefighters loss control. and so down there are reports and strikes of field, at least 7 civilians and a capital cost to him. that also reports to a group doctors without borders could pull out of the country. up to one of its convoys is attacked on sweden as bullets embassy stop out of baghdad. as protests continue in the city. demonstrate is criticizing what they, according to the desecration of the koran in stone. com,

similar protests taking place in neighboring 11 on. and in iran there's the headlines that he's continues here on out as they are off to accounting across states and thank so much and bye for now. just completed. yeah. is going to the polls as the authorities cracked down on the opposition sort of the incumbents, prime minister is expected to lead the next government suspending of the main challenger left voters without too many options. what lies ahead for the country? the elections? oh no, just the era, the fellow i'm sam is a them, this is counting the cost and i'll just say era. look at the world of business and economics this week,

from africa to and talk to countries and grappling with extreme heat. what was the latest is a ration of climate change cost the world's economies. i'm on my consumption rates and though ha, cause hosting i've taught us off to the woke up kind of be sustain long term. we find out modest fashion on the world run ways we find out how this multi 1000000000 dollar market has gone from nice to main street. just a few years. the millions of people across the world, the big impacted bike stream, with the regular braking temperatures are the results of heat track gases caused by budding fossil fuels, as well as by the el nino weather phenomena. oh, there's a sustained spell of dangerous heat in some regions. while all those are facing torrential rains and floods. all of this impacting health businesses and even costing lives. but for many simply no escape from the impacts of climate change.

the not box lay explains peach ways which spend continents from the most visited cities in the world to not so famous. thousands of is scorching. temperatures are sparing no one from globe trotting taurus daily wage workers to refugees affecting the lives of millions. a desert city such as phoenix in the us state of arizona is a custom to hot weather, but the homeless are among the hardest affected temperatures have surpassed 43 degrees celsius for record breaking 18 successive days. i tried all the time i, i like yellow yellow at the heat till 8 go away or, you know, last year i had a heat sto staying at the park. i woke up in a nice bath. i had lots of stuff. several african countries are also in the grip of blistering gateways. despite warnings to stay home with jemma

needs to work 10 hours a day in the sweltering heat, in a cucumber field and it la province in syria. and the how much the we work on the front porch, what i want a comment to support the washington. we take 6 legal spit out a lot of meanings. 60 leo spent an hour and we, we have these close a cab on the gloves of putting a little money from sunstroke. children of families forced from their homes by the warren, syria, have no school in their temporary shelters. it's to how to play outdoors and to human to stay and so families spare some water to let them cool off and low temperature sore to 47 degrees celsius to sweep worrying older people such as mary, i'm carol not one of the homes this name and we've been like this for 5 years. i swear these children are unable to go outside inside is extremely hot and outside is the same. the situation is dramatic. as the heat ways goes on,

it's getting harder for people with no resources to cope with extreme weather. in the city of got doesn't niger temperature sore to 47 degrees celsius this week, taking the tow on people and their livestock, somebody a gun. now we thoughts on send the seats? it's a, it's people anonymous. but sometimes we bring costs to sell them at the markets on because of the heat, the light still can stand. the light still gets sick from the heat. in asia, more rain floods and land slides are threat. experts warn it's a world of extremes, and the weather patterns are here to stay. lean of all claire for accounting the costs. but what is the cost of the scorching temperature has been on the world's economy? well, that's have a look at some of the numbers then published last october by don't miss college. according to the study heat waves resulting from global warming of over the costs, the world economies, $16.00 trillion dollars since the early 19 ninety's,

despite being the lowest comp and the missing nations, the world's poorest. all the ones suffering the most. they've lost 6.7 percent of the g d p per capita since the 1990s. whereas wealthy countries last around one and a half percent of g d. p per capita due to the extreme weather as well. joining me now from oxford is anthony humbly. he's former chief executive officer colvin. franco, anthony east connelly, the senior strategic advisor at inevitable policy response. it's a united nations project for responsible investment. good to have you with us. first of all, how unprecedented have the extreme temperatures been this? see that with single around the world? i mean, yes, i mean, it is shocking. i think they are unprecedented, unprecedented in the context. i think for the 1st time, we've seen the reported as a global phenomena. we, we've had many, extreme weather events,

particularly over the last few years. i mean, a records seem to get broken, you know, every year or 2 of us, we know we talked about records being bright and right across the world. now, the already broken 2448 months ago. and in many places, i think what unprecedented is we have seen this reported as a global phenomenon, you know, from type, from record being broken in tokyo, in china, in greece, in rome. and in the united states, why antenna is this whole down on mostly down to climate change? without a shadow of a doubt, i mean the, the science of attribution, the climate science as of now developed a shame with great search and see the connection between the, you know, massively increased density of conduct, setting up the greenhouse gases, the atmosphere, and the impacts on climate is putting more energy into the system. the global

average temperature of the planet is now about 1.2 percent above pre industrial levels. hasn't been in this room in over a 125000 years. that's very warning. so what does that mean for our targets? all we on fact the key thing the temperature rise to below. busy 1.5, if we're already at 1.2, all we're on track for that 0 carbon emissions, but i think it's 2050. well, i think the destination is very clear. i mean, the, what the nav policy response does as a sort of policy, full cost, shows that, you know, there is now a dramatic amount of policy to the colonize all energy system. our industrial systems, all, you know, food and agricultural systems. and so we know what we're going, but destination now i think is, is, you know, clear and beyond doubt, the question is, when we get there quickly enough, when we have the speed that we need to get that for us to meet,

let me jump in here because you work with an initiative that's precisely helping with that kind of policy. all we simply not phasing out fossil fuels quick enough. you know, we're not, we're not. and so i think we, you know, we need to get foster. yeah. we all see the technology is that will ease into the mound for those spots if you will provide the replacement for both fossil fuels. when so, um, you know, and products that use them such as the electric vehicles and batteries that going up the s cubs had a fantastic rate like much faster than that was predicted by the i a for many years . and so we have to phase down fossil fuels and phase them out much foster. some were doing that it's, it's a sort of title 2 such as on the one level, you know, we've got the technology as they are. imagine we've got the money. what is lacking

is the political will to go as fast as we need to do to phase out fossil fuels. climate change could cost the african continent, for example, by 2042 to 4 percent of its gd pay. who's going to pick up the bill for that? is it going to be shared amongst the world, or is it going to be the forest countries less threatened devices, as well as critical that we do not leave the poor countries to the right and devices. i mean, the us, after general has cooled on the well to double the sort of finance to the developing world to help them with this. there's a lot of tools now about, you know, and, and progress. i think some, some encouraging progressively started the steps to encourage global institutions like the world bank and the other multi lateral development banks and national development banks, football. they're working on money and financing and focus on helping the love of south dekalb and eyes. and also helping to finance their outpatient,

but again, yeah, i think it's important to understand that it's, it's not an either or never we, there's a lot of climate change locked in. we're going to have to adopt the poor countries in the world. you're going to have less resources without help from the rest of the world to adapt. that the, you know, the $1000000.00 question here is, can we stabilize the climate system at a level where we can adapt that it's in a brilliant discussion on a hot topic, no pun intended, or maybe that was one. thanks so much on today for talking to us. thank you. it's been a pleasure to face a world comp last year was a defining one for content, bringing find some all over the world and giving tell her a chance to present its culture and heritage it boosted tourism in the country as well as in neighboring gcc nations. because some chevy has the story.

the football woke up crowds have long gone, like the color is still receiving vistas, months of to carpet dogs and says, the country is welcome more than 2000000 torres. so for the c, a tends to strategic location for the free visa to more than 100 countries and hosting a series of international events of to spending billions of dollars on its infrastructure for the fee for woke up last year. experts say now is the time for me to, to catch and what his heart is doing is very much showcasing his own unique values and you know, it's unique offered and that there is a strong, sporty legacy reform in 19 with the, you know, people woke up not being carried through into the ation games as well. so you can

see that the, you know, they're very much trying to ensure that the legacy of continues the football woke up, has read the great to the an economy that to buy the pandemic. the country hosted more than a 1000000 visitors during the tournament, and many also travel to neighboring countries. some cause corp counsel member countries planning a common visa, similar to the shrinking, that would allow vistas to move slowly across the region. analysts say the gcc stands to benefit from across the board, a cooperation and the competition. the offer option visa to visitors with to truly be a game changer for the g 6. the region. instead of such a being competitors, a destination would be working and collaborating together to ensure that visitors can, you know, go from one of the country to another. and that's everybody benefits from tourism to the administrator to console. so told her some has named do ha, the adverb,

total sum capital the c a caught those vision for its future is also in line with the united nation sustainable goals for 2013. it hopes to draw $6000000.00 visitors a year during this year and increase total contribution to g. d p from 7 to 12 percent. people woke up off it's checklist and the 1000000000 spent on it have gone into infrastructure projects that come handy on what's next. couple of vision, 2030, as it focuses on diversifying its economy and income sources. let me pull some shoddy though, huh. accounting the cost. now let's have a look at some dcc. i'm compet tourism numbers, according to your amount. it says travel full cost model international arrivals to the gcc region. this year are expected to exceed the 2009 team levels. arrival is a full cost to reach $53000000.00 visitors with a spending capacity of

a $114000000000.00 tourism in cost. i received the boost from hosting the fee for world comp with international arrivals of 2100000 in 2022. well, these visitors spent around $10800000000.00 during the stay in the country. find out more about the booming tourism sector in kata. i'm a consume chevy sat down with casa, as tourism will follow the chief operating officer. but i told franco she began by asking him how counsellor plans to keep the momentum of tours off to the wells. com for us. obviously, it was a huge milestone as a country for tourism. it also unleashed the development. and if you think about the infrastructure that was ready, whether it's expansion of the airport, the new cruise terminal came in and then of course, the public transportation. we also saw an immense growth in the hotel sector. room capacity went up by nearly 40 percent in a very,

very short period. so for us to keep, the momentum is just to capitalize on the gain and reputation that obviously the destination got. we have much more interest when it comes to talking to 2 operators and travel agents is around the world that previously were hesitant to sale or you meant to offer guitar and they're all now interested to put us so to speak. if you want on the shelf love cops is against and some various tablets start as destinations within the region. you have solved the with the really just autism. you have be with all the blame. does cut the take, the sporting destination. we have a reputation to defend if you want to ask the sports events destination, and there's a lot more that will be added to that. but the 2nd thing is, we're really now pushing. i don't know. you've seen the news that coming february. we'll have the web summit come to this part of the world and will be the 1st website in the middle region. so us to expand kind of thing. my sector is another

important thing and then when it comes to competition, there's space for everyone. everyone is in a slightly different position and is targeted in different segments. for cats are we want to win 1st and foremost as a family friend to the destination, which is actually quite different from the other destinations you've just mentioned . so i think there's enough space. i'm given to understand there is the, the gcc nations i'm meeting for like a common visa will that be beneficial? so you have 2 elements here. one for us, much more important was that the hey, a program with for us again, a product of dc for wildcats will continue and is allowing play as the visa for pip talk. but let's not forget, we already have a 100 countries that are visa free, and that makes us the most open country in this region. so for the others to come now with a g, c. c show and coordinated visa,

which is me and catch up for them. but we will continue to go ahead and we'll welcome more and more visitors for more and more countries than everyone else. you're offering visa, free entry for people from one to 90 countries. and as you said, you want copper to be a family destination. but is that or told us profile like, are you welcoming the person seeking luxury or you're open to the average globetrotter? so obviously, tour is in for a cut tower and for categories is not just the numbers game as in maximizing the number of visitors. but it's more around we're looking for above average spin this, that will include luxury, which then perfect and matches. the portfolio for tell us that we have family is demographics. but if you think about different families, family from europe, u. k, france, germany, they're probably coming here to experience the desert, so they're looking for adventure or they're looking in winter,

especially for sun c incent. someone coming from india, they have a slightly different interest. they're probably more into shopping, indoor experiences. you have 2000000 visitors. so father c a and you said that's pretty good going. what are the investors following and what's in it for an investor? so 1st, it's about satisfying the current investors. we've seen literally billions of rails being invested over the last 5 years into all the infrastructure that tourism has. so delivering return for the existing investors is for us at the moment, the number one priority rather than looking for additional investments and expanding to capacity. the talk to some sectors, often facing criticism for not being sustainable enough. what does cost there have to offer on that front? so there's probably, there's $2.00 strategic objectives that we have. the one you mentioned

sustainability, sustainability for me at the highest level starts with things like 0 plastic, minimizing food waste. and then of course, in this region, very, very important. so it's energy saving, as in managing your electricity, which is lean because of the summer temperatures to the air conditioning use. so we have different initiatives where we were working with to retells, trying to optimize these through good 3 goals. and that sustainability i want to add one more that we're also adding to to the agenda here, which is often overlooked accessibility. we are also launching a program to work list of a tells to make a t r in pacifically, all the properties and also to major attractions into ha, very good when it comes to accessibility. and finally, do you see a set of achieving the vision? 2030 goals for papa? i think we're well on the way, if you mentioned that before, the chief,

the 2000000 mark and this was one and a half year. so i don't want to now say double the number for the year, but i think we're on a good trajectory towards hating to 6 to 7000000 goals. but now it is about converging this into e quote, commercial success. and that's why it's not just the numbers game of visitors. it's also a game of room nights. it's a game off in destination spend. and that's why you ask like, what type of profile of tory is to be one? it is winning against the right profile and attracting the right profile. so it's a much more complicated game. but i think overall all indicators post see if i was cap, a pointing in the right direction to make it stylish, make it modern, but make it modest. the so called modest fashion revolution is game global appeal since it 1st emerged in the 2 thousands social media and online retail have given

a major push. but one is modest. fashion essentially describes the way of dressing for women who want to implement modesty regardless of the faithful culture. according to the 2022 states of the global stomach economy report, modest fashion was valued at $277000000000.00, and it's estimated to reach $311000000000.00 by 2024. spending on mother's fashion increased in the key markets of to a kia, malaysia, pockets, dawn and the middle east. but it's also growing in the u. k. and usa, more more west and fashion jobs and luxury top brands are embracing this. thanks a is, it moves from nice to main stream as well, from the city of grenada and spain's and the list of rage. and i'm joined now by aaliyah of hon. it is the founder and chairman of the london based the stomach session and design council organization. good to have you with us. how? yeah. so why are you doing?

i'm good. thank you. why as motors, fashion becomes such a big business. is it becoming mainstream? i think it is becoming mainstream only because you're seeing the main stream really, really embrace it in the way that they are, which is nicely surprising for us actually. what was wonderful was in the early days we saw the can. why do her ramadan collection? you know, we saw the bonded come out with their head job and there by a line. so all these big names victoria back to back and was coming up with ways to cover the head that next address. so all of this was an o to us, wasn't it? and so that, of course, when that happens, when you see hollywood following suit and before you know it, you see it on the red carpet and that's how it becomes a popular for everyone. all right, not only the red carpet but take talk over 2000000000 views on take talk for hash tag. modest fashion have influences social media. i mean,

the driving force for this market, you know, social media kind of liberated us if you will. um, social media allowed us to communicate to each other on what we felt was elegance and what we felt was stylish and what we wanted in our fashion were um, so you saw influencers coming up with a job. tutorials, you saw style influencers talking about how to put things together and still be bought it. so they, they gave this, this level of no me credibility, but a sort of in an elevation to be the whole idea of guessing modestly and how beautiful it can be. so yeah, social media just moved world for this market or as the big brands come in as you're mentioning, is that also making it the more expensive to dress modestly,

which you know is kind of ironic. i guess the to the whole principal. well, i mean, i think they're going to, to the fact that we are the most afterwards. demographic in the world, just by numbers, we have the highest spending power for fashion to loan. it is in the hundreds of billions. and so that's attractive to any grand naturally. and i think there of course, tuning their work to that spinning power. so yes, you will see those types of price tags, but that doesn't mean that it only has to be expensive. we do have choices. if you go to the highest street, you'll find a lot of options. you go to some of the, the sort of like the, the, the, the lower cost stores. you'll find wonderful options. so you can mix and match in and meet your budget, no matter where i got it. i assume there's still room for growth breakdown the projections for us in any challenges. we know what's holding things back,

more investment, more marketing. yeah. is this what is a big one? i think for any brand, it doesn't matter whether you're in the main stream or in the modest market. i think just investment in general is what's holding a lot of brands back holding a lot of extremely talented creatives from really coming to market as they should. so that's a huge one. but we're also seeing a lot of changes that we were seeing huge changes in, in the world. so those that are catering to this market need to understand what works for this market. and what buzz words will likely turn this market off. so you know with the, the new i, the. 1 movement there has to be a stop and pause on how this might also repel a huge market. fantastic. been great talking to love the discussion. thank you so much value. thanks, i mean, and that's all i show for this week, but remember, you can get in touch with us by its way to use the hash tag, a ctc when you do, oh,

drop us an e mail counter, the costs down to 0 dot net is our address is more for you online, it down to 0, don't. com, slash ctc. that'll take you straight to our page, which has individual reports, links, and the entire episodes for you to catch up on. that's it for this edition of kind of the, the cost. i'm sammy's a band from the home. seeing here, thanks for joining us. and use announce is era is next. the way from home these ukrainians and body celebrate division bound and national

holiday, designed to oppose the traditions of ukraine's national clothing with looks lot like russians. we have separated language and we have national clause, nearly $60000.00 russians arrived in body last year, making them the 2nd largest group of tourists. the number of ukrainians arriving has also increased the number of tens of russian arrivals. the 2 countries are to the thousands of the citizens living on the side of each other on this intrusion. i alena too is had a bakery and keep. for now she says, she'll remain here the dreams of the day when she can return home. the president vladimir putin, one's opponent, any aggression to watch better route. so the scene as an attack on russia often wore some troops towards houston the.