can incorrect wanted 2 police officers until the to attack as they outlawed. curtis done work as positive p k. k claimed responsibility to key. it says the attack has came from syria, but the us back syrian democratic forces. that's a combination of rebel groups that by serial and cody's fighters denies this more than 22000 and the families have been affected by flash flooding in the northeast in indian state of 2nd. at least 44 people were killed when i place your leg best. as banks. on wednesday, i called it was president of the announced the removal of to the senior security official school you had in my last so expelled the prison's director and it had to lead police investigations unit. that's off the full 7 suspects implicated. and the assassination of a presidential candidate were killed in prison. fernando, if you have a sense of what shots and photographs while campaigning in the presidential elections on a bipartisan delegation of us lawmakers in china. and the latest effort to these tensions between washington and beijing is led by senate majority leader,

chuck schumer, the us officials, are meeting senior chinese leaders in shanghai before heading to a chinese capital, where they're hoping to meet president. she should think the picture of a headlines here this out as well as continuing its strikes on gauze and city permits. but benjamin netanyahu as us to palestinians, who on the israel land and sea blockade, to leave the territory, is valid to to and how much side central rubble, animal. he says he's determined to win so far more than $200.00 and such. he felt as liam's had been killed inside his rail gun bottles have been continuing for hours between how much spices and his rating forces. rockets were fired out of gaza towards israel overnight is really ami, says the situation was not totally under control as well. it says at least $250.00

of its citizens of died. this is where the prime minister benjamin netanyahu has balance of defeat thomas. he says they'll be mighty vengeance for the group's actions. okay, but you must houma, we will mobilize all our resources and capabilities to respond to how much we will take revenge for all the young people who lost their lives. we will target all of how much those positions and we will turn gaza into a deserted island according to the citizens of gauze. i say you must leave now. so we will target each and every corner of the street. and at least a 100 people have been killed when 2 at craig struck west enough down to stop the mountains of 6.3 quakes. devastated villages in here. right. well we'll continue. our special coverage of the gaza is where it was. the sun rises on the besieged territory, post and ends up taking stock of what's been lost in the strikes. stay with us because counting the cost is up next station pencil watching we understand the differences between subconscious across the ground. so no matter how you take it

out here to bring you the news and current to fast the to, to you out. is there the hello and say oh robin. um this is counting the cost on it. i'll just say a weekly look at the world of business and economics this week. brittany's governing conservatives are trying to get in polls due to the economy and other issues, especially students, wants to win back vote isn't present himself as the prime minister of change. also this week 2 kias central bank rems up interest rate hikes in a page to attain installation. we asked the trade minister most behind the shift in

economic policy also demands. the travel has been high after years of cobit 19 restrictions, but the so called revenge a one the last could be waiting the fucking to the bank. i've actually seen that who is seen as the bridge is probably been a state who could steady the ship after the economic turmoil of lives truss. but almost a year after he took off, it's his governing conservative party is trailing. leave it in the opinion polls the u. k. could be heading into a general election next year. the student wants to convince voters that he can still bring change up to 13 years of conservative government outlined his plans that the parties annual conference where we challenge report so from been just a it was a challenging speech for the prime minister. that's a round off. what has been a challenging conference for his government. at times henry matches to it felt like the agenda was spiraling out of the control that was for today's frenzied

speculation over the fates of high speed rally. h. s 2 and freedom spigot is like the full, my prime minister and low tax champion lives trusts, and your skeptics, 5 rounds nodule for raj, stole the limelight, stole was sent to stay. so the final speech was a johnson vs. so you're not to take back control and what he did was to paint himself as the change candidates ahead of an assumed general election next year. now that's difficult to do, considering the conservatives, i've been in power for 13 years. he said he wants to attend 3 decades of short termism and pressures politics and to take the difficult, the long term decisions for the, for the past 2 months of the country. that's the context in which he finally confirms that the bombing into manchester leg of h. s 2 was going to be scraps in favor of a spider's web of improved rail, tram and rows,

connections across the north of the country. i'm ending this long running soccer. i am canceling the rest of the h. s to project and it's flight and it's place we will then we will re invest every single penny 36000000 pounds in hundreds of new transport projects in the north and the midlands across the country. but they would know plants and richie so you're not to cut taxes as news trusts as being drink. instead, he says he's focused on having inflation as he puts it's the real skies the conservative side and wishes to not have the problems. the membership of the policy has never loved him. i'm certainly the country does not love that can 7 times anymore. they are still between 10 and 20 percent behind in the polls, and there's no signs that this conference or really so next speech is turning that around will reach out for algebra,

casting the cost in mentioned so. well. joining us from london is vicky prize. she's the chief economic advisor at the center for economics and business research, ms. price, kentucky with us on counting the cost. can i just begin with the probably minutes of the perception of the problem is to speech up the compass was to fold. really want the policy wants to hear what the british public will make of it both audiences you might say need direction from the prime minister envisaging source of the economic future that impacts on both sides. what did you make of it? the interesting thing is that it was very well received, of course, by the conference attendees. so of course, the role of conservative voters and activist what has happened since, of course, is that there are bits of his speech which have been discussed quite extensively. not just what's happening on the transport side, just scrapping all the noise in the blink as i was going to connect me home with

mine just and then it goes beyond whatever other infrastructure spending that was going to be there as well. he is also talks about other issues which are quite interesting. festival randy prolong some of the money for links between various cities and also doing more to towns instead of this 36000000000 that was going to be spent otherwise about the results. and i live in terms of interference from the stage of on a cigarette smoking where he's raising the age from which he wants to from which you you can legally bias cigarettes. which means that anyone who's 14 now may not be able to advise cigarettes because he wouldn't be happening every year. so the mix of those things generally of men's as he's his speech was actually reasonably well received across the u. k. think well, just bear with us for, but let's get all of us a little bit more context on what's being guy going. because the 1st image of

speech altogether in january payment is to see next set up 5 priorities. always government 1st is having installation which was $10.00 by the end of 2022. it's down to 6.7 and old gust about still higher than his target. second is great. g d, p the u. k. economy is recovered from the pen demik faster than previously thought and person is no longer there was performing amongst the group of 7 nations. that, of course, is the priority is to reduce national debt. it was still very high earlier this year at almost 100 percent of g d. p a and cutting hospital waiting listing number of patients. a waiting treatment in england was more than a 100000 people in july from the previous month. and finally stopping, mike went by it's 25 percent. few of people are being recorded crossing the channel from francis at 10. the then in the same period last yeah. of course miss price,

the prime minister. seeing that cuz we've been trying to stabilize the, the policy since he took a is a but also trying to stabilize the economy as being a sort of a shaky ship. really. hasn't it for many factors that are in and out of his control . what do you make of the situation about the way he's guiding the economy? he wants to be seen as a stable helmsman. i think that is a time that you can attribute to him. and i think the population at large seems to things that, that he has of cheeks out of to a point because we had all these problems a year ago when he's produced, esa, announced a o and hot chops or announced a many bunch it, which was quite unfunded and there were serious concerns in the markets about whether u. k was going sterling fell and there was a big change that took place. and at the end of a lot of that i'm rumbled and versus who enough to cause. i actually has indeed studied the ship if you like. but whether he can meet these pledges is quite interesting. the same place. one is quite an easy one because the bank video has

raised interest rates and of course we'll see will, will i, inflation coming down and is your price is coming down. so that's the one that will be meant by the end of the year. so holding the inflation rate growth has been slightly higher as you were just saying about had been anticipated and we seem to have avoided to a technical recession. so that's good as well. so there are a number of other areas where you know, things on what's happening and you mentioned the national health service. that's a serious problem. still a boats haven't been stopped, but the few uh people coming so um that's perhaps the sort of positive. but overall, i think it is the cannot make it public nations of everything that has happened so far, haven't necessarily sunk into the population. and there is still a big, big gap between the conservatives in the opinion, polls and label, who are way on top of this big issue as matter about bringing reflection, di, which we've touched upon on this talk about cutting taxes, which is a divisive issue. as we head towards that general election,

what is the impact of cutting taxes in terms of the impact that has on the big industry and on the money in people's pockets, which is what they want to hear about during this very difficult cost of living crisis. but not just the u. k, but globally is being experienced by so many people i think publish as soon as we need to do is also his party. and whoever may want to talk to him said the, the possibility of cutting taxes. and i think one of the reasons for scrapping the, the know the extension of h is to the high speed link is really in order to have little bit more money to do . yes, if you other things, but also possibly cutting taxes before the next selection, which is going to happen sometime in 2024. uh probably. and then the latest time we can happens is january 2025. so um, so that's a big issue for him. and indeed, tax scott's uh for businesses have been raised by. he's put, it says that list trust to both by me just a briefly because of course, one of the things to do research to not get it was to increase the way it wasn't

that last. and this started by him was a nice actually before his johnson, interesting enough, wonderful res corporation tax from 19 percent to 25 percent. and that these heating businesses on the other hand, it is raising on a did raise last year about 8 to 3000000000 and you can't do without the money. because of course you also mentioned what's happening on, on a dash 2 g, d p. and the ratio that, that's really, really important and you can't stop reducing that unless you still collect money. and if you're not going to collect it from income tax, which is the biggest source of funding for the government, then you've got to have a piece of it extra still a. what does all that salt for a moment to vicki multi discuss, let's give all of us more ideas about what's going on because it's 5 minutes to assume that goals and plans through all that. a series of policies over the coming weeks, approximately scaling back home green measures and nothing please. pushing back a bond on the side of new diesel. and petro caused by 5 years to 2035, facing out gas for this,

and losing energy efficiency standards. seen it cuz also prove the new north sea oil and gas drilling field, his government has raised also the minimum wage for full time work. cuz so cool. so you know, some pushback in terms of the green policies about the government had been, you might say pushing and promoting to the british public. but hate just to has grab the headlines. this train line from london, hopefully going right up to the middle to manchester and to lead partly cancelled most of funding. and it's going to a huge impact and a huge debate as we had towards that general election. all these things are really crucial a thing right now. i think what key wants to show is that she looks, it's a research to not looks at the figures and is quite concerned about the costs of the tax payer of a very schemes of whether the money can be re deployed in a different way where the body from money would be bachelors and the cost benefit will work to the advantage of those regions. and this is what he's been advocating

now. is that the, the extension was a big expense, which perhaps can, can be deployed in different ways. and to help these leveling up a little that would otherwise be the case so. so there is that, but on the environmental side, which is interesting, all that's happened is that we've gone back by extending the deadline of when many manufacturing companies can still. so i'm to buy some engine cause and with fuel by petrol and diesel to 2075, which is more or less what was the case before 2019 and where all the other european countries are are also pursuing a similar deadline. this is what's going on around the world. so we went ahead of the pack, but in reality we don't have enough charging funds for electric vehicles. and that's a big, big issue. so there is a real concern also about where some of the components are. electric vehicles that produce, we know very heavily subsidizing bass,

3 production here in the you can't release trying to attract investment for it. so i think it makes sense from that point of view. and of course, a vicki with all of that debate going on about january the electricity generation and supply. does this really given your opinion, the labor policy, the official position? i don't put you in a t to explain with what they would do and how they would proceed if and when they have a when that general election because it might be an opportunity right now considering poll numbers for the ruling, conservative volunteer. so down i think that i've already indicated in my reverse that a change and the deadline also remains to be seen whether it's, it's doable or not. but there is another issue about new oil and gas licenses and then not see. this government has now allowed some new ones to be given and the labor part of your site is not going to allow any new ones when they come to file, but they wouldn't respect the ones that will have been given between now. and then . if of course they when next time around. so the awesome distinguishing of factors

that nothing, yes, uh the, the liberal party will, would try and, and differentiate yourself if you like from, from the conservative party. but it is quite difficult, particularly since they're still going to have a huge problem on the fiscal side. gonna be going to have to have a to stay with. we're just seeing what happens to the price that joining us from london. thank you for your time. i, i think it's the shrinking of foreign currency reserve and soaring inflation key is economy has been on the downward spiral for the past few years. the central bank has reverse present friendship, top photo ones, mandatory policy of height, interest rates to ease those prices. to bring in revenue, the government is betting big old manufacturing that account for maybe 20 percent of g d. p in 2022. so so the spoke to the faith minister. oh, what about he started by asking if to kia, has become an international production hub. after the break of the go with

19 cortez, the possibility of supplying tammy goes cleaning materials and all of the into immediate goods or consumer goods to invest in markets. and the, in this way turkey has pro and it says to be hop for the quality competitive and raising the price, manufacturing products and a supplier and the logistical. what is the competitive edge of 2 key it among the confidence as for attempting to attract for an in westman to boost in congress? what is your competitive patch torque is an open economic competitive market? the con, i mean, and our laws and all the regulations are equal for domestic and

international investors and tre, there's not discrimination at all in all aspects, taxation, public procurement, and public tenders, a commercial low in all aspects. so if you would like to take advantage of all these uh, factors, most importantly, we have a talented labor force that we have at the talent, the white color, good educated and workforce. and the have, as i mean, geographical proximity to the most develop markets like invest in europe, in markets. and we have a very competitive services sector in transportation, in telecommunications,

high tech industries. and also for the sector. the is, i mean a, we have a very talented threes in sector. i mean in detroit case tourism in the ranks fall off in the wrong area. and, and our goal is to increase the number of tory's entries in income to $100000000000.00 in threes in income and $100000000.00 tories. and by the year 2013, the country is still suffering from one of the highest inflation rates. so just coming to that of the winning, the me elections, your government's raised interest rate is dramatically from 8.5 percent to 25 percent. that was a departure from your previous policy that was based on the low interest rate. so

what compelled you to alter your strategy and how has that effect that your 4 and 3, if the or so far, the government had to have a new policy in monetary and economic field and to lead the country to grow for export oriented and means that for the, the simulates our exportation, and we try to keep the domestic domestic demand a little bit moderating. and therefore, in order to increase our hot currency, the reserves, and central bank up to the, for a sharp successive increases in the, in the political interest rate. this paula sit stock to,

to have effects on the far ends right front. our exports are increasing at the lower rates compared to with the same month off last year. and a foot and tray deficit start to, to degrees on the by mouth. i mean, each month and it shall love you will continue these trends and we will keep our heart governor series. this is sufficient for the economy. it's a q f law. the minister of 3 of the republic of turkey. mr. america, by thank you for i thank you very much. the pun, debit looked at it was made international travel based in possible symbols in 2 years. i see this kind of it 19 restrictions were lifted, believes that people rushed to go on holiday or visit the families 2022 sore, a huge rise in the num, both international travelers. the phenomena was dumped,

revenge, travel, but the edge to spend on pricey trips appears to be fading in 2023. a new report by the research company building consult phone plan travel is folding in many countries mainly in europe. they've dropped 11 percentage points in front since 6 in jeopardy since 2022 interesting travels that's out in canada and russia. the new data comes as the play manufacturer. boeing says the recovery in travel demand is more resilient than the company expected. well, joining us from sydney assignment l's, good assignment isn't aviation analyst and had to research at topic center for aviation. just as good, really good to have you with us from sidney. i mean, suppose, depending on which side of the fence you'll sitting, the document makes for interesting reading. i mean, what, what are the salient points that you think are important for the traveller more more? see is the sort of the revenge travel phrase from the end of next starting to come

to a close. it's not happening uniformly a and it's not the same rate ever way. interested in any trouble remains elevated globally and airlines. seeing that translating into more interest in premium travel, business cause travel and that sort of thing. but this being, i sort of slowing all this revenge trouble for my mom in some geographies, particularly the northern hemisphere advanced economies. people have had they, they've spent their savings on their once in a lifetime. well they, they've fucking bucket list to sort of trip. and now they're returning to more more usual, more typical travel patterns. what we're seeing in the developing world where uh, economic growth is, is more rapid, is the there still pinned up savings, but it's still a launch desire to travel,

particularly internationally. most is most pronounced piece, you know of asia, a weight capacity is still only about 2 thirds of water was the 2019. and so there's a lot of henry for the rest of the day. that's cool. so you, you just mentioned the focus in logan. uh, maybe northern hemisphere developed countries. i, europe, that people maybe haven't run out of money yet. there is money available as you say in other areas. and then other groups in other demographic such as like for example, the chinese, all the americans, lots taurus, groups come to europe, for example. what the financial situation, those 2 countries, for example, is also very difficult right now. how do you assess not markets of whether they are able to travel and want to travel as well, starting with the chinese trouble lock. and so trying to reopen, officially re up international troll in early, early this year. and there was an initial, a huge blooming interest that has

a really translated yet into a really big, big, like chinese, outbound trouble. and by international travelers coming into china, there are a range of reasons behind. but um, i be going to select capacity. as i mentioned, the north asian markets, only about 2 thirds of china are still well up to 50 percent of its international pre pandemic capacity. um that has been continued given restrictions on the sounds of great tumors and package tools to finally being so swept away and then also be a shift in the chinese trouble. the chinese rediscover the domestic market to travel during, during the coated period. and i am with some of the financial to them all that's been going on the market um and some of the, the elevated, lingering, elevated safety concerns in the chinese driver. we're seeing

a strong preference for domestic trouble and data assignment just briefly a bit before we go. i mean, overall, do you think that the industry as well as for the tribes it'll looks good as we sort of ends 2023 and we had to 2024. what are your predictions? the industry still got a lot of kinks to work out from private supply chains. i still disrupted the industry so hasn't managed to get employment back to where it was before that demick. there are still lots of unexpected. lots of bonds that are being thrown up by geo politics, by the constant shops of weather and, and one on forbids of the industry really adaptable and it's, it's a very, very high job sector. if a line see and one market isn't performing the shift, there could been elsewhere, you know, an aircraft is, is a transferable asset. um, so the industry is, is very,

very fast to react to these situations. but it's not, it's not in the health that was beforehand demik, even though we see so many lines reporting record financial results. um, those results are really need to be distributed across the globe. airlines that are a big, wealthy markets to not doing well and the rest of the world is not going to well, we shall see what happens in 2024, but from american simon else. good, thanks for joining us from sidney. thank you very much for having me. i'm not so sorry for this week to get in touch with us on the x formerly known as it's with him. i had to larry's at so on the school rom, and then to use the hash tag h a c t c. when you take on the top is a line on our email accounting, the costs the challenge. is there a dump that not solve the drugs, but as we'll see you online, the challenge is to have a dot com forward slash c t c. that will take you straight to our page, which has individual reports, links of the entire episodes,

the to catch up on the search for this edition of counts and the cost times the whole rama consulting here. if i to join the us, the news is next on the the to the teams to a life ariens are heading to the poles to elect the president. the members of the house of representatives. can george we a secure

a 2nd presidential term despite height, unemployment, as accusations of corruption or with the country felt for change. liberian elections, special coverage on the jersey to the the under the cover of darkness as well. at least that's an hour on the besieged gaza strip. at least $235.00 to indians. ok, the other ones are enjoying this and i'll just say are a night from don't also have coming up inside israel. fis bottles continue between is really fucked. soldiers on how much flights has at least.