we have full successive may just final off the guiding the netherlands to european championship victory and 2017. and then a woke up run his up spots before winning. you rode 2022 with england notes since the local events and 1991 has the women's well. comp had to 1st time finalist. this'll be the 3rd europe and final thoughts. the 1st will champion from that confidence since 2007 interesting lee. this will be the 1st time england in spain is played each of the women's world cup. and it comes in the same stadium where england. one amends rugby woke up exactly 20 years ago. alex thomas, how does era sidney? the you're watching all the 0. these are the top stories, this our us presidential bivens phrase to break through and relations to strafe and

ties the south korea and japan. the 3 nations have agreed to deepen military and economic cooperation at a summit and camp david's word moments taiwan has accuse badging of intimidation. after chinese troops carried out drills near taiwanese waters and saturday. china says the naval exercises are a warning to what it calls collusion between separatists and foreign forces. taiwanda floyd aircraft, and vessels of response leaders from 11 west african nations say they want to resolve the political crisis in new cher diplomatically. the time's running out. defense chief from the regional block echo was say they have a plan for military intervention to reinstate the else to president's or yulusef says 230 people have died in a cholera outbreak in democratic republic of congo. and most of them are children. with the 31000 cases have been recorded. north keep who province is the worst

effected. fighting between government forces and m. 23 revolutions forced millions of people to play. that we're comfortable engel, in room, in or does activity we are here at the building go i t p site where we carry out hygiene and water purification activities in terms of water. when we arrived here, that was a serious problem because the displaced families didn't have access to the drinking water. they were drawing water from the lake, which was at least one kilometer away. this water was not drink apple, nor did they have access to some of the ation facilities today, the change was visible before it was a serious problem. the thirty's in southern california is showing the area's 1st. tropical storm warning is hurricane hillary approaches the west coast forecast. to make land fall over the weekend, residents, neighboring mexico, racing for strong winds and flash floods. those the headlines, stay tuned. counting the cost is up. next, stay with us. this is time for the west to replace the best options for the ukraine

watch awards. and what, what those options look like. what is us strategy when it comes to iraq? for almost 200 years, americans have generally been stuck with 2 political choices, but cannot ever change. because it comes to us politics developed and like the other one, adrian said, again, this is counting the cost on al jazeera. you know, we can look at the world of business. i think it all makes this way to saudi arabia is spending big on football, american investors and celebrities also scoring in europe and leaves. so will a massive deals reshape. so come also this week from digital, low miles to work stations. we look at different trends and we're both working and

explore. if it's time for us all to go back to the office and is why is that going on? millions of jump less young people in south africa. the new and wonderful nations record unemployment is taking time. the christiana ronaldo could i have been some study on monday and just recently name off global football styles, packing the bags, and leaving europe for saudi arabia with jewel dropping salaries. some of them already making that they be with the saudi pro leak, which kicked off last week. the move to lou of football, icons, age to transform the game in saudi into one of the world's top competitions. but i, let's say it's also part of a plan to multiply if the kingdoms economy and diversify it away from oil. the world's biggest crude exposure has invested hundreds of millions of dollars in other sports, including focusing gulf and car racing plans to launch an investment company as

part of itself in wealth funds. to develop the support set top box critics, the queue, saudi arabia of sports, washing, we're using sports to cover up it's human rights. violations of the gulf. countries are also ramping up their investments in sports capital, which hosted the 2022 world cup. wants to buy the british football club mattress, the united its premier league viable and neva mentioned the city was bought fine and a rossi company owned by a royal family member in 2008. but it's not just of at least western celebrities, and also investing in football, american firms, a doing so to private capital. now funds more than a 3rd of clubs in england, france, germany, italy, and spain. that's according to financial analysis from pitchbook. the cost of buying plans is estimated to risen by 9 percent per year on average in the past decade, it's expected to reach record levels in the coming seasons. joining us now for parents assigned a chadwick, he's

a professor of sports and geo political economy at the scam up business school. it's not a good to have you with us all these investments, particularly the ones by the gulf stations, these, these big amounts of money. gotta re shape the game that they already have. if you think about the cats i will coping twins 2 twins to the 1st time the, the tournament was in the middle east. we think about abu dhabi at city football group, which is now a global franchise network. we've never seen this kind of thing before. and of course we have now have saudi arabia are investing huge amounts of money and football and essentially is creating a lead and a set of teams to is beginning to rival, in terms of, of prominence the, the english credit illegally going span and so forth. so, you know, it's not, not the case of willie re shape. they already were shaping. okay. and is it for the good of the game? critics say that it's, it's sports washing. but when you have this amount of money being invested into clubs and players and on the infrastructure and stadiums, i mean that's all to the benefit of, of fans, isn't it?

so i think it, what's important to say is, is this is the global game. and one of the reasons that we're all engaged with the sport it is because it's because it's the global game. and yet for a long periods of time, essentially, european football has dominated, obviously south american football has been very strong. but football elsewhere in the world certainly hasn't had the prominence while the attention of, of, of some of those european nations. at the same time what we see that here, there a huge investment in infrastructure and creating competitions in even delivering content to, to, to view is around the world. so that help in improvements. of course, i think one of the, the, the big concerns is about competitive balance. we know that in certain competitions, big clubs, with big owners, big money, a dominating and a nice uh, a really important issue in terms of the, the, the health and quality of, of, of the sport in terms of the, the sport washing arguments. there's no doubt that there are image and reputational

benefits associated with being a prominent member of global football. we look at, for example, what has happened in britain during the colonial periods? when obviously britain was involved in all manner of as different pursuits around the world. sometimes not particularly negative, they used football to manage the major reputation, so i only was seeing anything new. what is important that felix is that football is a, is a, is a language that people understand. and you know, people, people don't need to have football explained to them. hence, countries like saudi arabia are using football because it's, it's a way of engaging audiences. and as i said through that comes the opportunity to manage. you mentioned reputation. i'm picking up on what you were saying before we go on to sports, watching this, this multi club ownership. i mean, that raises issues, as you say, in terms of being a fair play regulations, particularly if you've got one country owning several cub, good clubs who play ultimately in, in, in the same competitions. what's your dance?

nice thing about multi club ownership is, is in essence it's, it's franchising and in other industrial sectors. if we think about fast food, all coffee, we've got franchise businesses all over the world. we know we don't question this. what i think is significant about this multi club own and shipping football is, is that it's, it's unusual. that's the 1st thing. it's new and people have got to get used to it . but more than that, it reading box at football is being an industry rather than a sports. and that's the crucial part of this. clearly there are, there are some major challenges for the managers of clubs and sure, and consistency of performance across the franchise network is one issue. but in terms of governing sport, we're increasingly finding that the clips that are owned by the same company, by the same person, and beginning to play each other in international competitions. and there is the potential for conflict of interest. you know, if you have 2 clubs, save or not playing against each other in a no cap competition, you know,

and never to be there is some day to day. so there are real challenges ahead for governance as well. and i think there are also challenges to it in terms of funds, because obviously the nature of the franchise clubs is where all the different to the nature of clubs that many people use to. yeah, i, i wanted to pick up on that. i, i, is europe, in the rest of the world heading towards to think of an american model in terms of, in a baseball megs and a. okay. and a basketball. what's really funny is that there is a view that, that the americans run the sport like communists and the europeans run narrow that supports like free market capitalist. so 88. yeah, i guess there is a point at which pops the to begin to converge with one another. what that means is, is that essentially the united states has got a very managed approach to, to, to that leak structures. so franchises are awarded. there is a particular orientation towards salary caps to was closed leagues in

europe. we don't have that we, we don't necessarily have those salary caps. so what we do have some financial regulation. we certainly don't have close leagues, we have promotion, relegation. but i think what we sole with european super league developments a couple years ago is, is a move towards this, this kind of orientation, or perhaps a close di, repeatedly, perhaps we're heading towards a close global league. and i think countries lifestyle here, it'd be, it may well have an interest in developing such a project. but it does mean that for us, that if you are operating a closely, you know, who is part of that closely? why did the franchises go? is real, mature 8, i'm on trust united. going to be in that closely. so we were living that and, and appeared i think way, a lot of the old certainties and a lot of the old structures associated with football being challenged. and i wanted to ask you about what saudi arabia is doing domestically with, with this league where it's employing football is who, what the greatest of, of their age, just coming towards the end of the career. isn't that playing now?

in this, this domestic league and saudi arabia, what do you make about a saudi arabia, its government, the, the governors of a saudi arabian football very simply won't the country's football to have the same stature, the same status, the same prominence as, for example, the english premi legal spain slowly. yeah. and you know, as an english guy when we, we don't question the shooting when we just do it. and i find it very, you know, really quite interesting that because it's a, it's a nation to go free to people follow questioning of it. but the reality is, is that maybe by twenty's, the tv, or possibly by 2040 saudi arabia will of a send it to a position of, of greater prominence. whether or not it's competing with the premier, the remains to be seen. and with that, come a whole series of benefits, economic benefits, social cultural benefits, political benefits. where does the transfer market fit into all of this? this for me is my, my occupancy, my big, big concern in, in,

in terms of the big money. and the big invest is coming into the game, including governments as well as private equity investors and not is the trickle down effect of big transfer fees. big salaries, because essentially when a play leaves to go to, to england or play leave to go to saudi arabia for a $100000000.00 of that then trickles down through the transfer system and it begins to impact upon clubs, the comp pay loss transfer fees, unable to pay a large salaries because of that financial position and that does then begin to impact upon that competitiveness and also the quality of the football that they're able to play. and one of the things that i think that that we need to do is a football community globally as ensure that the grass roots, those clips load down the parent, made a protected a 9 plaza rule for free for. and was really striking about recent developments and in world football, particularly in saudi arabia. and also the premier league is fee for very often

remain silence on these boxes. i actually think the see if i need to step up and begin to think about how it goes into the global game. it certainly and subject group football more effectively. it's been great so case, i've been very effective date for being with us. profess assignment chadwick that as the now working from home was a pipe dream. so many workers before the pandemic. now the advances in technology and making it possible to look anywhere, even on the beach, on tier to the rise and remote working, the traditional offices increasingly being ditched, becoming a digital nomad is growing in popularity. the term describes employees to choose to work wherever, whenever they want, anywhere in the world. many nations, including portugal, canada and germany, i've created digital know my visas that have changed the regulations in order to welcome them. i don't know the full of flexible working that's also on the rise is the so called what cation are combining. what with a vacation to practically means performing work from a holiday location with hours,

a reduction in salary, driving out from london, is grace lawrence. and she's the director of the inclusion initiative as an associate professor at the london school of economics. christ good to have you with us. so this all sounds great. i wish the but i could be a digital no mad. unfortunately. i called i have to be in the studio to work cuz i remain as productive if they are digital nomads or taking a work cation. what thank you so much for having me today. so if we take the 2 things separately, i think big to to know large, hasn't these moved from being a subject to acceptable because of the coping 19 ponds i make. but it is pretty limited to people who are working in the gig economy or free lansing. in most countries, date is actually limited, but if you look at the united states, there is a survey. the found the $16900000.00 american workers currently described themselves as digital know minds, which is an increase of what a 131 percent since the pre public year. and when we think of us digital know,

lots of people who are most likely to be our younger, i'm at, i'm a of so young males are more likely to choose that lifestyle. and they tend to work in information technology, creative services, education, training, and areas where it's possible to get contract work, but potentially not permanency now work case. it is something different. it's basically your company saying for a certain number of weeks of the year, it's fine for you to leave, especially, or the, the area in which you work to go and be anywhere you want. so you can be on the beach, you can be ski and you can, you can, you can use your imagination of google as a good example of best, who not offer 4 weeks of work cation and then the quote to the question of pop productivity. my more productive when i'm on a work cation i will project when i'm going to, to know much this really sort onto the business that we just don't know. so companies we haven't taken seriously and thinking the types of working that they're doing. so whether or not somebody's in the office for a set number of days, whether or not they're there, there were cation whether or not they're working digitally with productivity. so

what we're finding is that different companies are offering different types of things to employees, depending on who happens to be in charge. so i think these choices about whether or not i take the percent of no life, or what cation is done to management board that, i mean, think linked to products if it does depend upon, as you say, a who's in, in judgment. google has a reputation for, for being a very cool company to work for, but i could imagine some people watching this thinking, but my boss would never, would never accept anything like that. i mean, i think that the, the google strategy is actually a very sensible one because you know, it allows some rates retained people who have children, for example. so work cases are very popular among parents who have young children, where they can leave the cities in which they are working and go to an area perhaps where the ground parents are for a number of weeks and get support during those school holidays. so when we contract these kind of images of coolness, we don't often think about people who are juggling tied care work cation really allows, i think, across the board on employees to have better work life about it. and so,

so it might intent on productivity in the weeks a better way, but i'm willing to bet it would improve retention. having said all of that, chrysler i mean, hang on a 2nd, i'll be back with you just a moment to tech giants who have tools that are employees that could work from home and definitely be a few years ago. us now appeared to be with us in cost amazon, for example, i started to track and penalize workers who don't spend at least 3 days a week in the office. there's the companies ordering workers back into the workplace also includes the a full mentioned google meta and sue other firms, including disney and starbucks are also asking employees to spend more time at the office. a great a as a company instead of having, having a re think about about how all of this actually works and, and who can work remotely. i think the answer is yes. so i think, you know, we think companies that realizing that when people work for the remotely, their attachment to the company might go down and they might go open to other activities that wouldn't necessarily enhance the productivity for the company. the evidence,

the evidence academic evidence does show that remote working itself can enhance productivity for most jobs, but it should be conflict with time in the office for those jobs that require innovation, creativity, or some aspect of service. so unfortunately, it doesn't say anything about that days and unfortunately again, firms have not experimented with what is up to the time to be in the office. and i mean, as you set up now, it turns to mind when people are back in the office for a set number of days, and they're doing this with a certain amount of resistance. so i think it's kind of worth bearing in mind that when we see these number of days there are going up for companies, these are just shots in the dark. there's no evidence suggested that these particular number of days will actually help employees be productive. and in fact, the evidence suggests that it should be done on our occupation on a team level. will have been done in a company or a function, picking up price on what you were saying about productivity. many employees pushing back against the return to the office site, then more productive working remotely. one survey though doesn't support that view . participants who work fully from home 18 percent less productive than those in

the office. that's according to economists from the massachusetts institute of technology at the university of california. they say one of the reasons behind that increasing productivity is communication challenges. other studies found that hybrid work had most a significant impact on productivity. both employees, what happier, less likely to leave in price. i suppose. i mean, that comes with a number of it, doesn't it? i mean, if we're, if we're happy a, ultimately we're going to be of more value to our company, even if we're a little less productive. but if we were in the office, i mean, i'm not sure i agree with that. i think you could be practically happy, you know, skiing and surfing and not doing not doing any work. so i think we kind of have to take the evidence as it is, which is, which is mixed. it's important to remember that all of these studies look at different parts of the population. the one thing we know for sure, which is what you're, what you're reading to, is that employees themselves much prefer to have a ton of the in their work. they much prefer to work it kind of a hybrid work environment. and in fact, in our,

our research suggested employees will come into the office when they're needed to, to collaborate or to fill up ration. so for me, i would like to people to move to remote for us working where we see individuals really getting serious about when do we need people to be in the office to be productive and otherwise let them have autonomy? i should also say that our own research showed about a year ago now that employees were pushing back. so what that meant was that there was set number of days being suggested by these huge companies who are listed on stock exchanges all over the world. and employees were simply ignoring us and continue to doing what they want to do. and what's interesting about what's happening with amazon now, and other companies who are moving to penalize with being employees is that these companies recognize the power has moved from most occupations, but not all from the employees to the employers. maybe the labor market is actually quite 5, if your job searching at the moment of leaving aside digital bo bads for both of whom. i am insanely jealous fairly unless that he is young. go up. is it time

really? that the but the rest of us should stop living in cloud cuckoo lab here work, work is work. we're supposed to go to the office a days of remote working coming to an end. do you think or is this just a trend that's here to stay? well, i leave it with your employer, but i couldn't imagine where i was, where you actually are digits, no miles and you go around and you, you didn't ever shows like this some different corners of the warehouse. but for the general question, if you want to, if you want to have maximum positivity, we should focus on experimenting and quanta, find what is the optimal time for folk for folk to be in the office to satisfy positivity into minds. i think we will have, for a lot of, for, for, for us the legacy. some people who are in the gig economy who are know minds that are more than the portion before i think we will have as a legacy hybrid working, where people are in the office for a particular amount of time and out of the office of, of different months time, i think what's unfortunate is that the model of hybrid working looks to be a staff day model. so that means that some companies will in system 2 days,

some 3 days, some 4 days and 5 days. and that policy in itself would have impacts on who was attracted to go into those companies. yeah. a couch in the cost of coming to this week from the beach of the code to 0. i like the sound of that grace. many thanks to they'd always like to talk to you on catching the cost. you're amazing. thank you so much bye or not from the capital pretoria to the townships, millions of people in south africa struggling to find a job. the nations official unemployment rate is running very 33 percent. it's even higher among young people. the united nations describes the situation as a ticking time bomb. its worried the job business could increase policy and fuel social unrest. well, the government's recently taking measures to increase employment rates by helping entrepreneur stop businesses president through around the pose a was introduced a controversial law that allows racial quotas to tackle job in equality among the black south africans opposition parties of protested against it,

saying that it discriminates against minority white's indians and people of mixed race. joining us not from london is rossi a. com. she's the managing director. i'm chief economist of africa and middle east global research. that stands of johnson bank. once you're welcome to counting the cost, why would the un describe south africa's unemployment problem as of taking time? was the economy is the g cause economy is the typically do produce unemployment states that south africa has always had a structurally very high level of unemployment. if you look at the use unemployment, although with the latest release, those numbers have started to improve. it's still in the mix for his as a percentage. so given the likely weak growth profile of the economy, the problems up south africa has had with extensive power outages load shipping as it's known locally. the concern is that the economy typically just doesn't grow

false, you know, to make a difference to employment. of course there was some pleasant surprises with the latest release, but it, oh, tabs. the big worry is that this could leads to grace's social discontent of the time. i'm what do you, what are we to make of this, these call for the actual race courses for jobs, the employment equity act is not going to do anything to solve the problem. oh, it's very difficult to look at the south africa, an oscillation, and to ignore the context of years and years, decades, in fact, of deliberate marginalization of the majority of its population. what is the best way to fix this going forward? yes, anything, but the results in a higher growth rate that can create expectations of foster growth, especially private sector driven growth which could lead to sustains employment. gains would be a good thing. but i'm sorry. does that is government intervention still required to

try to deal with the country as long standing in a call, which is, i'm was a little south africans be better off if there were fewer any qualities in place. and if it was quite as polarized, and if it didn't sleep black so much, the countries about 5 calls, which is still very much evident in the my, who we cannot make dates as today. if you look at the unemployment rate. so different race groups, this is something that really stands out. it's very difficult to look at this in overall trends that you think there is no scope for intervention here. the government shouldn't be trying anything to cut, right? these long standing in a quote, which is all south africans would benefit from a batch of gross environment and great your inclusion that looks, that the interest has the most marginalized south africans is only something that can boost prospect, old south africans over time. so what should the government be doing to tackle the

overall problem here? shouldn't be focusing solely on unemployment or fixing all the areas of the economy and that employment will naturally improve. i think the scope of both overall macro imposes that are more present hall saying that create greater confidence in the village. she'd be economy to overcome, longstanding structural bucks next to be able to grow. and the government is, in fact starting to tackle some of these issues, looking at infrastructure interventions, looking at significant resumes in the power sector, opens the way for private generation. this is how we gradually, mrs. lee, this is leading to an expectation of perhaps somewhat improved for the future along the sides, that there are still very much this goes from mike for level policies, looking at where things have gone wrong in the pos, asking the question, is there a role the tax what was the other interventions that can be made after trying to

address some of these shortcomings in a much more focused way? because here it's always good to talk to you on catching the cost many thanks and day for being with us again. thank you very much. and that's our show for this week . if you'd like to comments on anything that you've seen, you can ex, me, that still doesn't sound wise on the platform, formerly known as teresa. i'm at a split again on the treasury and about to use the hash tag h i c t c. when you do or you could drop us a line cash and the cost of out as 0. don't net as an email address, as always, as hopefully you online at elder 0 dot com slash ctc. that takes you straight to a page that you'll find individual reports links at a time episodes data catch up. but that's it for this edition of counting the cost on a tree instead of going from the team. here though, how thanks for being with us for news on elders 0 is next.

the, the chill co regional part of south america is the toughest. we for the 2 men who seem to thrive on his challenge. a veteran truck drivers on says every clue whatever the web to provide for his growing family and the cowboy who enjoys his rough and then the last risk in it. oh, power outages there when the news breaks, the story of this village is the same. as many of us spread across the eastern front line. no electricity, no running water. when people need to be hurt. and the story needs to be told this

children are unable to go outside inside is extremely hot with exclusive interviews and in depth reports lowes. people expect that it's be worked out all together by now. i'll just see right. has teams on the ground to bring you more award winning document trees and light news the, [000:00:00;00] the hello, i'm kimberly help if this is the news our live from just ha, coming up in the next 60 minutes. a new era of cooperation. you as president joe biden praises a breakthrough and relations with south korea and japan. a state of emergency in