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tv   Counting the Cost  Al Jazeera  September 19, 2023 8:30am-9:01am AST

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safe, cold? oh, so tourism is a real problem for many regions, which is why the french governments have now launched a new plan to try and better manage towards flows. hiring influences to promote less than no destinations and phones and helping local authorities to back to co interest hotspots. or among the meshes that fall seats on take off in front of the big termination, front slots tourism and tourist pos would never stop. people going to most i, michelle eiffel tower. but the reality is, when you look at the amount of people it's clear will need to introduce a limit on visit to numbers and improving the visitor experience while respecting local communities and protecting the environment is a delicate balance. but one that needs to be found to safeguard francis architectural and natural heritage for future generations. natasha butler, which is 0 at toyota normandy. the
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say this is out is there are these on the top stories and that kind of that has expelled the senior indian diplomat believe to be linked to the murder of a c actress in british columbia in june. the for our minister says expelled diplomatic was the head of india intelligence agency and kind of the india has rejects validations as upset over the past number of weeks. canadian security agencies have been actively pursuing credible allegations of a potential link between agents. so the government of india and the killing of a canadian citizen, hard to sing nature canada as a rule of law country. the protection of our citizens in defense of our sovereignty are fundament of our top priorities. have therefore, been won that our law enforcement and security agencies ensure the continued safety of all canadians and to the all steps be taken to hold
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perpetrators of this murder to account. iran and the united states have kind of to present as well as part of a cut the media to deal 5 american citizens held entire on for several years now. and the way back to the us. well, 5 it ready. and so also freed off to the us, agreed to drop federal charges. it gave them a demonstration has been held in libya's eastern city of dana, one week after devastating floods killed thousands of people protest as a cooling on the public prosecutor to speed up the investigation into how 2 dams above the city collapsed in heavy rains. officials are being blamed for not maintaining them properly. all right, we're upset with headlines here in out 0 penny mall on our website. i'll just share a dot com as news continues here and now it's there right off to count to the costs . electric. born in palestine under pretest,
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ruled educated america, controversial professor in new york. he realized that he was the voice of the people on the 20th anniversary of his test. world, explorers would meet him and influential writer and champion of the palestinian cause of the west. edward studied out of place on noticing around or the hello i'm for the back people. this is counting the cost on algebra. you'll look at the world of business and economics this week, giving africa a voice, the group of the welsh 20, the economies ads the african union as a permanent member, but will be g 20 champion the developing world. also this week,
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morocco is a top tourist destination and a bright spot for investors. the economy could bear the brunt of the nation's biggest surf quake in a century, plus egypt annually. inflation hits a new record and egyptians as feeling the pinch of the rising cost of living. so can the government bring prices that the thank you for joining as african nations a drowning in debt? there are among the worst hit by the impact of extreme weather and food insecurity . yet, applicants of long complained about not having to say on issues that affect them the most in global institutions, dominated by wealthy nations. india aims to become a leader of the developing world. it's been pushing the needs of the global south on the wells page since it assumed the rotating presidency of the g 20. in what was seen as a powerful recognition of africa status. the group of 20 top world economies added
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the african union as a permanent member, the a you, which includes 55 nations where they collective g d. p of 3 trillion dollars. will now have the same status as the e. u in the g 20 need is also a great to pursue a tripling renewable energy capacity globally by 2030 at the annual summit in new denny. other issues high on the agenda are included climate financing, debt and reforming institutions like the world's back. ok. so what is the g 20 n? why does it need the african union at the table? the book consist of 19 nations and the european union. they collectively represent more than 80 percent of the world. so you can all make output the g 20 games to unite global decision makers on issues like the economy, politics, health care, and kind of change. but it's been criticized for leaving out the needs of the developing world. until recently, south africa was the only african member of the group. now we are moving towards
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a direction that includes those parts of the world that we exclude it. we share a lot of comb on challenges, particularly with respect to climate change and, and those issues cannot be resolved through, you know, explosive approaches. they have to be as inclusive as they have to include those affect it and those that bad. the most responsibility in guiding the world through this challenges. by granting the a you full membership, the g 20 aims to give a bigger voice to the global south africa is home to about 17 percent of the wealth population. the un expects the continents young people of 1300000000 to double by 2050 africa is rich and renewable energy resources and minerals, and it attracts investments from different countries, including the us in china. the continent also has the world's largest free trade
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area, which went back all this. i'm not joined from the cox bennet gas capitol by doubt us. and ben is a ceo of the global development advisory offrey catalyst. thank you so much, mrs. and ben for joining us. so the g 20 admitting the african union into the group . is this real change or address a symbolic move? any of you? i think it goes beyond the symbolism to me. in my mind. i think it's the very good the most uh its house actually did garden again, more visiting. i think it also help actually in the group becoming margaret presented to the new prostate by adding the african union, you ask 55 more congress to default. he's pretty confused about object guaranteed member of the jeep on it, including the european union. so that's certainly a good move. and finally, i believe was so we'd love to the helps that you'd want to become even more effective because i've been now you have put on the table a to you to present that people have gone through that tag in sort of affected by major jennings, just or did you do any advice to address? so i think it is a very good for both parties,
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both of the 20 and and do you have to continue? what immediate changes do you expect the african development bank? the if ftp had repeatedly of course, call for faster action for international finance architecture reform. is there not cause to be more optimistic as a result of our, the a, you joining the g 20 blocks? what, what is at stake? you think? what i think image is really what we can see in the movie gen, welcome use. actually there is, i think as far as being hurt in the g blinding deliveries and that's a very but the development. now i think i wouldn't not actually sort of consider this membership of the african union at the g 20 as a fantasy. yes. i think it's gonna depend on how the african union is. just going to use that status. the not the best, the extent possible to push it's as and, and then make sure that the decision that are taken by the g 20 in the line results on priorities. so yes, this is a good move is very on symbolism, except the need is not necessarily going to be there, but i see you, mrs. and ben,
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as you say, africans will now have a voice, but will they be speaking with one voice? that's a good question. because i think what we have seen on you're going to make this list brown that is, that africa has nothing to says they're going to be in speech with the same voice. i think we have seen a lot of the head of state actually a number of them speaking of but the issue is the very, uh no. okay, is there no need but uh the uh, the uh, the full or the, i think on union has not been necessarily up to the, the been heard on those issues. so i think it's going to be important for the body to be able to shape and formulate come and position on it. but it kind of it, this was that this will present, that is, will be able to convey to that you do. i don't one day and sit on that on the table . all right, mrs. and ben stay with us. the african unions admission into the g. 20 comes as india and china, competing for influence in the developing world. bilateral trade between badging and africa stood at nearly $280000000000.00 in 2022. while trade between new deli
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at africa came in just under a 100000000000. the move also comes after the breaks block, which also includes china and india said it welcomes 6 new nations. among wlan, the african states, a few up here, and egypt so missed this. and then is this announcement, do you think a win 4 in the i can in the become a leader for the global stuff? you know, i think at least a very big ring for ginger. i think it is under the president of the, of the joining of things. yeah. that this, the union has been able to join that you'd like me to do something to celebrate. and so suddenly i was doing just being most of a member of the bridge, this is something new, something that is going to be very much bleeding out of favor of i believe the country. so yes, i believe this is something that is very much like them, but they have to say that disease a do something that was actually in the making for a long time. yeah. it wasn't. yeah, i haven't you been? yes, yes. but what about india and china? will they be complete competing now for influence in the developing world?
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but i don't know if you're talking about, but do you join yeah itself, of course they're both a member they would be able to do such a join as thoughts as these are um, developing. but i mean on the, on demand specifically you've got a huge try, a chinese presence, of course, and the number of countries. but india now slowly going in as well. are we going to see a competition between these 2 powers on, on the african continent? well, i believe the type of competition has been on the way for a long time, right. and not only between india and china, but between major and a bowers, both emerging market in advance economies enough. but i think this is something that is expected to continue regardless of for the day. you add a membership, the said you 20. and then there's also the brakes which aims to champion the global south and represent the count to wait 2 institutions like the g 20. do you think africa benefits from these competing alliances? but i think that if anything, i think i should be able to leverage these relationship with automates or buy was
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whether they are from the brakes or from my or the have group in the g 7 that you'd want it to be able to maximize the opportunities and interest, i think that's fair. so the best contrast of up to augusta and i believe it is in the just up to the above adobe d, as in our applicant on case to be able to make that happen. and certainly being able to deliver as well as the partnership that are available to the continents, whether they're coming from the bid from the g 7 from but you're doing it. i think it is what the african congress needs to do that what us and ben, thank you very much for talking to establish. and ben is the you of the global development advisory, a free capitalist joining us there from the com. thank you for your time. thank you very much. now, separately and ambitious project team that boosting trade between europe, the middle east and asia has been announced on the sidelines of the g. 20 summit, the so called economic chords, or link saudi arabia, the united arab emirates, jordan israel, india, and the u. 2 shipping ports and railroads. us present,
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joe biden have the agreement as a game changing investment. it is morocco strong as earthquake in a 120 years. the u. n says at least 300000 people have been affected, as well as a tragic loss of human life. the earthquake has reduced entire villages to revel. the potential cost of the damage could reach up to $10000000000.00. 8 has been trickling into some of the remote regions where many people lost their loved ones and their livelihoods hush him. i had bought a report from where gone south of my cash. this was one's a vibrant local community, full of life, joy, i'm big dreams about tomorrow. now it's all gone. many people didn't make it. they were buried under the rubble only to be retrieve days later. that
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this is definitely going to put more strains on the f s by the rocking government when it comes to how to move forward. it's said that is committed to building the entire area and compensating those who lost loved ones and their own businesses. this was a popular tourist attraction, particularly the weston tourist, to enjoy the beautiful landscape, the snow capped mountains, and also tracking the hills surrounding the area. and for that particular reason, many of the people who lived here used to turn the old houses into guest houses. now they've lost everything. now we have to wait and see how the government is going to implement its rehabilitation under construction program. because we're talking about an economy which has suffered in the past from the impact of cove in
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90 and from global inflation. and of this particular stage i yet to get a sense of the total cost of damage and reconstruction effort, which is going to be implemented in the upcoming weeks passion. by about of accounting, the cost, just the right of all the american economy has been struggling with the impact of the global pandemic, the full out of the war, ukraine, and drought. but it was forecast to recover the ca, with a g d p. growth of more than 3 percent. ronko will be hosting world bank and i m f . meetings in october. the earthquake could drill, derail, got recovery, the us geological survey estimates the damage with costs up to 8 percent of the countries g d p. the quake is damaged myra cash at the top, tories destination. tourism is one of the main drivers of the economy and is among the sectors expected to be effected. thousands of traditional houses in remote oral
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villages were destroyed. the majority of them are likely not covered by insurance. the government has place to provide funding to households to rebuild their homes. joining us now from robot in morocco is last and her dad. he's the senator and an economic expert and former minister. thank you very much for joining us, mr. has out on counting. the cost of the disaster has certainly seemed to have put the spotlight on morocco's income in equality and infrastructure development. rural areas were already vulnerable and are among the hottest hedge by this earthquake. many homes, as we said, were not insured. the disaster, it seems as only amplified some of the justices and in the qualities that already existed. can you tell us 1st about the areas that are affected by this earthquake and the issues they were already facing before the disaster? well, i think that there is a big disparity between the rural areas and the urban areas when it comes to
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development and human development and access to social services. that's in morocco in general. but there is another kind of disparity between the mountainous areas and other areas which are also room. so if you go to the plains and then you go to the mountains, you would find the kind of disparity. and then the high of the lessons compounded by the fact that it's very high people live in very small hamlets on top of the elevations, you know, the historically, to protect themselves the creative discount, short wanting to be like isolated. so it was a kind of different, i mean i get difficult, it's kind of process of trying to bring those kinds of communities up to speed. so the government has it been a lot of schools adult, a lot of the spanish threes. i mean, that was a huge promising and also i'm bishop program, also building roads and all of that so that they have been in, in
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a better shape than they were like 20 years ago. but still they have not, they have 90 have kept up with get the rest of the rural areas, let alone with the urban areas. it's a very traditional kind of localized kind of culture in the high of less mountains suffering little bit of, from isolation, despite the different kinds of programs that have been consented by discipline, governments and local. so a traditional way of life in these very close knit communities, it would seem not. the moroccan government has been criticized somewhat for accepting limited age during this earthquake. they say too much a good cause bottlenecks, of course is it for logistical reasons. as the american government says, professor lawson died or are politics also at play here, some of the accused the government of putting politics, perhaps the for the wellbeing of moroccan people by accepting aid from only a certain number of countries. want to say that morocco has blocked aid for
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political reasons, the wrong. and i think it's also like just on in morally kind of attitude. i don't think that happens and people who know the high atlas mounts has know that it's very, very different the to get to access to get at to get to those kinds of communities . so he took the moroccans or minutes like about 3 or 4 days to clear the roads from the rubble that so as a result of the earthquake. and then after shocks like created more problems, which was very different than some of the machine where you were lifted on the huge kinds of trucks to take it that they use the use behind the cup test to get to the communities. there is no use of them gets in humanitarian aid weights in the footsteps of the french mountains like 4 or 4 or 5 days. and we don't know what the needs of those kinds of those community just so the more i can government has enough resources to deal with this situation. but do you, do you think it might derailed economic recovery that morocco had been experiencing
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before this disaster? white thing? i think also it's unfortunate just for them or i could to, to bring those kinds of communities up to speed. the nice thing keep we invest in the i plus mountains and then create like huge economic dynamics. by the way, the city of marcus has not been hit. and so the sense of markets continues to business as usual. and then each would it be always a look on what your floor towards them and that kind of region. and if the high atlas mountain then we were built, it's what it constructs and all of that, it's 71484 american economy in that kind of region to contribute to the national effort. i think we have the american economy has reached the level of whether it has enough resilience. i mean, this is, this is a huge, this is big is going to take a lot of effort and still going to take a little bit of a chart on the growth. but i don't think it's going to be a big one. and on the longer run is going to be like something, an important issue for them, for a better growth, for those kinds of regions,
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professor less than her dad. thank you so much for joining us on counting the calls . thank you for your time. thank you. a devastating floods of killed thousands of people with many still missing in the coastal libyan city of during a heavy rainfall last week caused 2 dimes to burst areas which were already struggling with limited infrastructure, have now been completely destroyed. we spoke to dr. high nation need, who is originally from dana, he's also the president of the national council and us libya relations. he says the scale of the devastation is unprecedented. this is a city that is cut off completely from the world. it is beleaguered by the fact that there is no proper governance simply get in a failed state that has travelled over the last 12 years and unable to basically provide the basic structure in a stable condition, let alone a disaster that has happened very quickly. and during the tragedy that is happening
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in there is not only the apps and from the international community, but it's also there's some challenges in reaching out to inform the world of what is happening in the city today. smell from food to medical services and housing prices in egypt have rocketed in the past year. many directions, particularly among the working classes struggling to keep up with the rising cost of living. media, food are poor and millions via they could be pushed into poverty. let's take a look at the figures as we can see here, consumer prices in urban areas rose to almost 40 percent in august, according to the state run, kept most the district agency that's more than double what it was a year ago. the agency says the main drivers of inflation were food and beverage up by almost 72 percent restaurant and hotel services up by nearly 50 percent. while transportation rolls by 15 percent, egypt is facing one of its worst economic crisis in decades. worse and by the full
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lot of rushes invasion of ukraine, both nations are main suppliers to egypt, which is the welsh largest suite in porter. the war has pushed the prices of basic commodities up globally. the gibson government is sure to foreign currency and struggling to pay for invoice. businesses and households are forced to pay more to by dollars at the black market. joining us now from cairo is me read s my book. she's the director of egypt and horn of africa program at the middle east institute . you right, thank you so much for joining us on counting the cost. what's driving this increase in prices? we've heard about some of the external factors. what are the internal factors? the causes of inflation all it basically to save the world over. but in some cases that aggravated by, by particular particular factors in egypt. it's really a matter of 3 things, but all overlay touch to the evaluation that you were just talking about. one, there is a, a decrease in the supply of goods,
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and that's because of that evaluation. but there are enough of a dollars on the market to buy some things to there is an increase in production costs, and that's for exactly the same problem. and then there has been a rise, put them on some goods and services. and all of that is complicated by the fact that egypt is a country that essentially the inputs significantly more than it likes sports. and therefore, we haven't been enough dollars on the market to buy the things that you needed to try and produce what you need a buy, what you need or sell what you need. then you have a then you have a significant crunch. yeah, some of also blamed to here at egypt, economic model with the military paying a key role, controlling large sectors of the economy, borrowing for prestige projects, with limited economic benefits. to what extent has economic mismanagement also contributed to the current predict predicament, egypt finds itself. so i don't think it's any secret that
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a large part of age. i mean the officer at the, after the russian invasion of you pray and you had an economic global down to this positive, just hit egypt. it's just the egypt economic policies and priorities made it particularly vulnerable to this kind of problem. and i don't really think that it's any secret that a large chunk of that problem was the state which includes the military, the states over involvement in the economy. and as a matter of facts during the last reaching the i m. s. for the last low that egypt negotiated from the uh, negotiated volume. as a major condition, the fun tub was to the state to step back from the state, which includes the military step back from its role in the economy that what merits stay with us. let's take a look at some of those. i'm if conditions a bit close to now the i m. s. is demanding a shift to a flexible exchange rate among other reforms as part of a $3000000000.00 bailout package for egypt. investors mainly in the gulf,
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want to see a cheaper pound before buying at the junction state assets. but to be just shouldn't government has warrant karen? seed evaluations could push twice as higher and heard people was incomes. the gyptian pound has lost half of its value since march of 2022. so me read will the government eventually shift towards a flexible exchange rate and would that affect inflation, edits, foreign currency visits. yes. and yes, that's, that's the short term. so the longer on sir is the government and somebody immediately devalued about 3 times and then stopped because the court practically what's enough dollars on the market for it to be able to continue to the value safely. and b, i m f realizes that, which is why the, the review with that was supposed to be the 1st review that was supposed to be done on the i the slow months ago. and its been delayed and delayed from plate. i mean the i m f is aware of the circumstances now eventually egypt is going to have to be
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5. you will get my guess it will be. ready my guess is it will be later this year sometime in winter before well before the end of the try. but it's been a pellet house just because the one to enough dollars on the market. but yes it's, it's going to have to the value trying. um, you know, and they're out there all the benefits to this are a lot of benefits to this, particularly on the export side right now, even before this crisis me read 30 percent of age of sions were living below the poverty line, according to the world bank and i wonder how has the high inflation rate affected the average? it's a diction citizens, daily life. it's hit everybody. but obviously if, if you're in the top 2 percent of the uh, assessor economic straw to then you all will condition bit more. you want more cushion, but for everyone else, it's meant that a lot of things have have to come off the table. there are people who could no
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longer full meet. there are people who no longer are full chicken. people are making constant choices over what they can can put on the market on the table, sorry, of what they can and can't bind for the children. and it's especially bad for the, i mean if you're sick and you need medicines that because of the dollar shortage, there are a lot of important practice things that are no longer available. so it's your parents have felt this crunch in every slice of life. it's been extremely difficult . yeah. me right, thank you so much for shutting light on the situation in egypt that for us me. right. and i broke the director of egypt and one of africa program at the middle east institute in kyle. thank you very much for being on counting the cost and that is all show for this week and get in touch with us on x. i'm at 40 by a g e, and do use the hash tag a j c 2010 for drop us an e mail account in the call set out, is there a dot net is our address. but there's more for you online,
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of course that i'll just hear a dot com slash cdc. that will take you straight to our page, which has individual reports, link, sending, tie episodes for you to catch up on. that fateful this edition of counting the calls from fully back to both and the whole team. thanks for joining us. uses next on out just here the of the in depth analysis of the day you say like, 1000000000 euros to help to address migration. is it gonna ease the micro crisis, will make it worse, informed opinions,
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we need more investors and more people that make the decisions to embrace human foothold. frank assessments this balance between to tow and sounds via shoals is truly important for the politeness industry show inside story. on al jazeera, the new clock and how the top stories here on out 0 and canada has expelled the senior indian diplomat. police to be linked to the murder of a c activists in british columbia. in june. the canadian foreign minister says expelled that for months was the head of india's intelligence agency in canada. india has rejected the allegations as absurd and expelled the senior canadian different response over the past number of weeks. canadian security agencies have been actively pursuing credible allegation.

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