tv Counting the Cost Al Jazeera November 15, 2023 8:30am-9:01am AST
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the punches of ukrainian academics active as an onset system that opened back to court and on the key of government to voice that support for palestinians to both jewish and palestinian communities and itself locked in a will. ukraine has been left conflicted by the war and godson as well, but private posts around domain it could take funds home just outside camp. there are reminders everywhere with us judge ukrainian list indian heritage with many family members and got to be honest, i feel like i'm in the middle of 2 huge wars and i feel very terrible about it because i am in a constant and anxious state about my family there and also i'm worried about my family here as a digital creator and online fashion influence that she has been explaining to 100000. we follow as to what this war is about from the start to work. a lot of
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ukrainians do support follow stein, and a lot of the plans show that they are being fair minded. the. the key government is being helping ukrainian palestinians leave gaza with many of them coming back to ukraine. but presidents loved to me is a lensky has been vocal in his support for israel, perhaps mindful of the strong backing from the us. and it's the west and leaning allies, since the things here all day 5 days with many ukrainians, throwing comparisons between the russian invasion and the october the 7th attack on israel by how nice others accuse west the nations of double standards in the support of israel is the tax on palestinian civilians in gaza. yeah, but if she'll get no, you haven't a dish to mohammed. the rugby is a palestinian ukrainian generalist, desperately seeking information about relatives in casa among them. his 23 year old
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daughter, aisha opponents, who had been trying to leave. and to last message to him several weeks earlier. yeah, the connections have been bad. we get through maybe once every 100 times. i last contacted my daughter on october 14th. when she told me the motor was closed, he like many in the palestinian community here, asking how russian president vladimir putin can be considered a war criminal for the alleged forced removal of children from ukrainian territories. while the same international community seemingly allows these rails killing of children in casa to go one punished, rob mcbride, i'll just say era. keith news in hoffman. now hell to accounting the costs. searching the mid to the world, slow down, we stand for as homes with tips of global nickel reserves. indonesia is points to
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leave the global, the battery industries. we definitely manage our abundant resources and play a role in solar energy harnessing, offering 75 percent of global carbon credits. essential. committed to be in prime mental protection, enhancing investment climate. digital licensing, your better tomorrow. the hello i. my name's by a business counting the cost on al jazeera, your weekly account, the world of business and economics. this week is around, keeps dropping tons of bones on gauze a wants to replenish its stock. west in minutes. she contract is up on big profits
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. also this week, most american weapons are being delivered to israel. house fall, we us go with ministry age, the nation. and israel's major offshore gas field is shots. could you political tensions? threatened the nation's ambitions to grow if gas export, the russia's invasion of ukraine spit, a global rush to buy military equipment last year, defense spending across the world. hit move in 2 trillion dollars. that is the highest level since at least the end of the cold war that's according to be still co international piece. research institute of a subs in on sales has boosted the both lines of defense giants admitted, she contract isn't invest as a now on and explosion. in financial attends as a war on gaza drives up to month ons in israel says in located all tex
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northrop grumman and general dynamics have risen sharply since how much is attacked on israel, on october the 7th. and while the aerospace in west and the sect as a whole, has seen an increase of 7 percent in value. this is, of course, has thousands of people have been killed in golf in time neighborhoods flattened and even hospitals attacked during israel's ministry offensive on the strip you and ruins will crimes may have been committed by both sides of the conflict. with military contract is discussed how the war could be good for the business during the company. earnings calls us, according to report, published by the guardian newspaper and the responsible state cross think tank, general dynamics, executive vice president of technologies and chief financial officer. jason, a can, was quoted saying the following. you know, the israel situation obviously is a terrible one, front k and one that's just evolving as we speak. but i think if you look at the
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incremental demand potential coming out of that, the biggest ones, the highlights, and that really sticks out, is probably on the on talerie side. meanwhile, the bottom administration is set to deliver hundreds of millions of dollars worth of weapons to israel. and u. s. defense companies are ramping up production to meet the increase in demand manager. contract is direct sales declined to represent a major portion of the global, straight us on manufacturers, commercial sales, a broad authorized by the pens. again, reach nearly a 154000000000 dollars last year. i to, well joining us now from london is andrew fine stay and he's the executive director, shot at weld investigation. is also the author of the book, the shot of wealth inside the global arms trade. many thanks for joining us from counting the cost. so we have seen this subs in demand for defense companies defend says, is that something you see that will continue for awhile?
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but absolutely these, these companies are, let's shift prices. obviously dr. conflicts, especially the sort of conflict we're seeing in palestine the moment where there is a constant need for new equipment, particularly what recall. hm. and so miss housing involved because as israel drops the bones and gaza, they need to replenish this that stop immediately. so that is a huge boom to these companies. so you'll see a company like lockheed martin has seen an increase of 18 percent in it share price over the past month. and since the 2nd, the 7th of october, and is it us companies, us contract is mainly who are benefiting from this, or is this your opinion manufacturer is an u. k. manufacturers as well? so the prime beneficiary is obviously the united states. what is sometimes referred
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to as the military industrial complex of the defense companies. in the us, the us surprise anywhere between 70 and 90 percent of or israel military hardware that it imports from outside of israel itself. back britain, germany, italy, in particular for a fairly close behind for the remainder of that. so companies like be systems to some crook. leah nowadays with benefits alongside the lockheed martin's the northrop grumman is the race young at t x as it's not cold. and general dynamics say, it's a combination of american companies and european weapons make is, as we heard me mentioned earlier, i mean we've, we've had how some defense companies been criticized for framing the israel gone goal is the conflict is good for that bottom lines. but they're all in the business of selling weapons all day. so it's not a surprise that who is good for business. well, no, it's not. but it raises
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a whole range of questions about the morality of this business. i mean, how i describe the business and in my book is a business, the concepts prophets in the billions, but it's lost is actually counted in human lives. so i don't think the fact that war and conflict is good for the business. shouldn't necessarily allow us to say that, you know, when radio know ok. yes, the reg jay's says, as he did just the other day, the fresh new contracts resulting from israel from bottom into gaza would mean that across our entire portfolio. we're going to see a benefit of this restocking. is this the who left the most the hook? and in fact, it's even arguable that they might have a chase to answer for in terms of possible complicity in violations of international humanitarian law. en route crimes. when it comes to the u. s, i believe us defense contract as need approval from the us government to sell weapons overseas. so does that moral decision then full on the us as well in some
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senses, but the reality of almost as full control in the us and in european countries in the united kingdom is that these controls. while larry exist on paper, in theory of betty utilized in practice. so for instance, united kingdom, a few years ago issued what he calls an open license for export to israel. so we did actually know the quantum military equipment. and as i spoke to israel because this license allows companies like the systems and others to export as much as they want, who is really without any sort of hold authorization. the same as just happened in the united states, but they talking about the massive new $160000000000.00 authorization and to a number of what it would describe is friendly or allied countries. but in the case of israel with a $106000000000.00, almost full 1000000000,
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and if that doesn't require any authorization, actual says the model impetus lies. those lawmakers of the executive members of government for effectively giving themselves free rain to exports as much as they want to israel, but also with the companies. and yes, it's good for company business, but because you're going to get to the enhanced return for shareholders, doesn't in any way mitigate the moral compromises of what your business is and what it's contributing to in golf at the moment. we now have 2 big ongoing conflicts, the warranty crane, and of course, the israel guys a rule is that enough out, but is in weapons out bad to meet the demand. a caused by these conflicts. it sadly there is, there is more than enough weaponry that is produced in the world. 40 percent of it produced by the united states itself. there is more than enough western rate to go
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around in all of these conflicts. and we shouldn't forget that what the situation in java does is it also makes of the conflict prone areas like human, for instance, in a much more federal position. so it is quite possible that the security, the instability that we're seeing in palestine could actually have impact on young men, whether it has been both a formal and informal ceasefire and face for a while. but the sad reality is that there is more than enough military material assessments to go around for the conflicts that are taking place and for any others that might arise under 5, seem very good to get your thoughts executive director of shadow weld investigations. thank you. i mean, while belgian transport work is unions cold on my work is to refuse handling arms shipments for israel. they said loading or offloading weapons would means supplying
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organizations the kill innocent people. the union cited a genocide is on the way in palestine, while workers have seen on shipments going in the direction of the war. now israel says it is targeting, hama a not civilians in gaza purchased a supposing palestinians blocked us military ship, allegedly tiring weapons. israel at the post of tacoma in washington, the of israel has received nearly a $130000000000.00 in us, secures the assistance since since creation in 1948. that's moving any of the country in the world. now as one goes, intensifies more american wesson's, including smartphones and interceptors for the on the missile defense system of being delivered to as well. president joe biden has found to keep supplying the nation with what it needs to boost its defenses. democrats and republicans boldly
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agree on ministry age. israel bought both policies have attached conditions to the bill. how did jake has to reports from washington dc with just a handful of members voicing any qualms about sending more us military a to is real? the question isn't whether the us congress will approve, he is really aid, but rather how and when this is not about party or politics, is about the security of our world. security of united states of america. president joe biden wants congress to send $14000000000.00 to is real and is part of the same legislative package. $60000000000.00 to ukraine. the polls show public support for ukraine among americans is falling with conservative voters in particular expressing concerns about a growing us government deficit we want to protect or and help and assist our
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friend israel. but we have to keep our own house in order as well. the republican controlled house took on the 8 proposal 1st, removing the money for ukraine and insisting the money for israel be upset by budget cuts to the internal revenue service. that's despite warnings, the measure would reduce tax collection and i run equally, increase the deficit. so the house g o p proposal is not going anywhere and it's, it's, it's, it's going to, it's dead before it even is voted on democrats control the senate and support keeping 8 for is real and ukraine together in one package. and in a rare sign of bipartisanship, most of the senate republicans agree a break from their party members in the house. everybody knows how strongly i feel about helping you. great and is really like, is re all ukraine. what's the best dumb of an unprovoked attack by a repeat violent offender?
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so us currently sense $3800000000.00 a year to israel is sent a $124.00 billions since israel's founding. now the senate is strong of its own bills that puts money for israel and ukraine together in $1.00 package, which is sure to tip a show down with the house version one that will have to be resolved before any money leaves the country. heidi joe castro for counting the cost washington. joining us now from new york is calling talk, he's the director for such a beach to fund group, which is a global intelligence and secure st consultancy. and a non resident senior fellow in the national security program at the foreign policy research institute. thank you for joining the program. i think it may surprise some to learn that israel has been the largest cumulative recipient of us foreign assistance since the 1940s with most of that money spent on military support. why have the us been giving is result so much cash
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a small rich country and for so long? well, it doesn't surprise me or, or most of the people in my circle. i mean, it's a common topic of discussion of israel, egypt as well, receiving large amounts of us for an assistance. a lot of the dates back to the relationship with us being one of israel's primary backers and being throughout the you know, the us political system, very strong links between israel and the, and the united states as one of washington's closest allies for very long time. and is the bipartisan support for this ministry age within congress because it was some head was recently with the latest aid package. by and large, there seems to be bi partisan support, probably more. so for israel at this point then for ukraine is that conflict continues to, to drag on. oh, that was that. i think it's fatigue, excuse me. i think it's fatigue that the conflict has been going on for as long
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people are expecting different results. i think there was a lot of optimism that the ukrainians would defeat the russians. and now we're kind of fits the bright shiny object round to the new issue. and people are paying attention to this until this gets old it's, it's really the kind of evan flow of, of, i guess the amount of attention that the us public can pay to a specific issue at one time. there are some polls that suggest that they offer some democrats solve it in the minority who are not supportive of this ministry aid to israel. do see at some point the numbers increase very likely over time, especially as we continue to see civilian deaths. i mean, the numbers are staggering. uh, the images are, are horrifying. and so the longer this goes on, uh, you know, frankly, i think the more revulsion there will be at the just of the really highly for holiday count. and there will be growing calls for a cease fire for humanitarian pause and for diplomatic pressure to bring it into
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the conflict. does the us administration gave this ministry aid to israel unconditionally all that have yet to attached, for example, protecting the rights of innocent civilians. i don't think any aid is ever unconditional, even if there are fewer strings attached to the military aid to israel, it's always be something that any us administration is going to be looking at us is continuously attempted to have pressure. these rallies to, you know, to, to mind civilian casualties. it's just, you're talking about fighting in a dense, urban environment which makes the incredibly difficult. and i think again of these images that are coming out or having a real impact globally, but also on the us population domestically. and as we see that we see rising protests and demonstrations, clicking on college campuses, calling for the administration to, to, to really try to press harder for
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a ceasefire. yeah, i mean, that's what i was gonna ask you. do you think we are seeing finding a moment where ordinary americans, even politicians are finally starting to question this a that has been going ministry a that's been going to israel for so many years. i really hope so. i think, you know, it makes sense to take a step back and take stock of where the united states is sending money and what that money's being used for. we saw this a couple of years ago with u. s. military aid and weaponry that was being sent to the saudis that was being used in the, in the you have in conflict. right. and, and, and just some of the, again, devastating images coming out if you haven't pressure building on the administration to pull back and pull that support to that conflict to, to, to the warning. so it's not conflict. so there's always going to be a reassessment. but i would also caution not to overestimate the, the us public's interest in foreign policy because the issue is that tend to decide
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elections or domestic largely. and so i think there's a fleeting interest at the moment and that likely breaks down a long demographic lots. i think the younger generation tends to be far more passionate that and some older uh, older generations and, you know, just look at the pole and uh for that for proof of. uh yeah, i'll pick you up on that. uh, the fact that americans, when it comes to basing are affected by domestic issues. i guess the issue would be if this ends up costing that bottom line. i mean, that's been some concern, isn't that in order to pay for this? it's people on the ground that may have to pay for it. yeah. a 100 percent. and i think if you look around the country, there's a lot of areas within the united states where people are suffering they're, you know, out of work. you know, food insecure and so there's a lot of questions of people saying, why are we sending all of this money overseas when we have so much work to do here
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at home? and i think look, that's a fair question. right? and that's something that should be part of the political debate. there was the 3rd republican debate in miami, and these are issues that need to be asked to politicians. right. who are running for political office? why is this happening? yeah, very good to talk. so you called and talked, all right to the research at the see fund. great, thank you. you is role is a significant gas producer and exports at the countries in the middle east. the nation was aiming to expand its export routes to europe, off to the whole term russian supplies. but production of israel, 2nd largest offshore field, was suspended on october the 9th also, how much launched its attack on the country. rising during political tensions could have investments in the wider region. i'm guessing israel's plans to grow its exports. according to report by the consulting firm video, israel, the nations gas experts have dropped bike 70 percent since it shuts down the small
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field. that is with more than $200000000.00 a month to well, the field supplies the is ready market and deliver his gas to jordan, as well as egypt which provides gas exports all the way to europe. natural gas fields, all these rarely coast accounts, maybe 70 percent of its power generation as well, is now seeking alternative fuel sources in order to meet its needs. i'm doing now from us to do in doha, by estimate hello, ease of practice, direct to the mina region, the global council. thank you for your time, sir. so according to these figures, by the accounts and see from the d a is rails exports of natural gas is dropped by 70 percent. that sounds like a lot are definitely, i mean, a gas export from is, are all have plummeted by 70 percent. and the, the, the worst effected by this is it's, it's nearest neighbors. it's biggest customers, as, as of today, egypt and jordan, the original volumes,
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reaching egypt now are 30 percent of the volumes that were reaching egypt, pre war. and egypt itself was the export platform. and the export infrastructure in egypt, the location terminals, there is real dependent on those to then we export. it's a gas to europe. so those exports are therefore affected as well. less is really gas is reaching international markets and internationally. this will create a bit of a squeeze, but with that said, we shouldn't overstate the role of as really gas and supplying it to national markets because it only accounts for less than half a percent of international gas supply as compared for instance, to a place like thought that we were sitting today which accounts for 20 percent of of global natural gas supply. but in terms of israel's own needs, is it good to have to find tentative gas to fill the gas? well, for israel's fortunate and the sense that it tomorrow isn't the only active gas
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field, it's. it's larger gas field also off the co, the southern coast of israel, the device and a much bigger field, also operated by the us major chevron can continue to supply, continue to step up. other fuels like resource will continue to step up and meet as rails power generations needs. so it's energy security risks remain contained. but if, if the shutdown of tomorrow does become a pro long situation, then it will have to begin thinking about procuring gas internationally from other suppliers. it talks about egypt and jordan, to what extent are they going to be affected? well, respectively egypt and jordan at important a 7 percent and 4 percent of of their total gas supply from egypt. so after the attacks, those exports, egypt ground to a complete halt are committed to lee back now, but egypt will, is, is i would see the worst effected. and it has been since the summer when it had an unseasonably hot summer. and we can domestic production method, egypt was introducing rolling blackouts and has serious energy security situation
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on his hands because of a vist interruption of supply from israel. so egypt is now having to buy from it from becoming a net export. the natural gas is having to buy southern g, a tankers, and then the supply from international markets. and what about here? because they were already seeing an issue in terms of russia and receiving gas from russian. they were looking for an alternative supply and the 10s israel. now will they still be able to fill that gap? that is where i was feeling. i think they will because israel was a marginal supplier of gas to your after the run, the, the, the europeans kind of rated the response to the russian, chopped off of gas by diversifying their export base. so they went to guitar and are now signing in other countries in the us and signing long term supply deals. so i think they've, they've diversified enough to be able to, whether this shock now the war has caused a surge in,
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in european gas prices. and the dutch ford, the dutch benchmark that's, that's looked at in order to gauge what's happening in the, in the gas markets. they're 30 percent higher than october. the 6th. but that's not just because of what's happening is really and gaza. it's what's happening in australia with energy, industrial action over there, and a, a shopped off in a, in a baltic region pipeline. so it's a multiple are to of, of, of factors that's causing a supply to be squeeze. it's not just as well. okay, those really good to get you perspective. i've met hello practice director mina region of the global council. thank you very much for having to and that is uh so, so this week get in touch with us on x full me know us to us the at multi in site. they use a hash tag a see to see when you do, of course you can drop some e mail counseling costs that out. is there a don't net is addressed as movie online at out? is there a dot com slash see to see that will take you straight to our page, which has individual reports and links an entire episode for you to catch up on
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that is at this edition of counting the cost on modern science and the whole team. thanks for joining us. news on al jazeera coming up at the as the situation in gaza. estimate your expert analysis. this is not a conventional war between 2 armies, amplitude through states. this is a symmetrical news. really, all means is not purposely so to kill children. unfortunately, children can be the casualties of the wall, the test. in real time, we're taking them to call of the task. this government is mostly to solve to, as you said, there wouldn't be no peace without justice for a fast and stay with us for the latest development on tuesday. and what's most
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