that's the maximum quantity that these are you just can go for. and then it turned on with this one is, this is the unit name, was your nation pretty me cause will come and visit this. these events today they will visited next week, next month, next year. maybe they would come over to fit in 10 years later than 20 years later . because of what's happening and now it's not something. it's not like any of our war happened before. but such as some of the news around the world now. and ukraine says russia carried out the launches drone attack on caves. since the war began. ukraine's ministry says it shut down 75 drones over the capital key valley on south of a. several people in june from following day being during the 6 hour, right? no depths have been reported. presidents the landscape fully attacked an act of terrorism. you're not a nation, says 450000 people have been displaced in eastern democratic republic of congo over the last 6 weeks. explaining recent violence between um groups and government

forces in north keybo who brought us to you in refugee agency says 3000 and the human rights violations were reported last month. definitely doubled the figure from september. so the president of the democratic republic of congo has launched his re election campaign ahead of next month's general election. some people say he's failed to deliver on promises made during his 1st time or mcallister reports. farmers include providence no feeling. katie was a 2nd to him as president of the democratic republic of congo, but opinions they are divided on whether he deserves. they vote somewhat disappointed and frustrated by rising poverty, unemployment and the slow pace of development like data that is, the responsibility is to as the people. in other words, the easing, get it to us, didn't really fulfill these promises. katie is hoping of pro poor social policies to improve education and health care. we'll get to re elected as something called

a lease. feel the same way that i think that the prisons, fist tim was merely a preparatory one. let's give him a chance for a 2nd to him so that he can finalize his projects. the general initials are the same with the 20th, which is the katie could face def competition from opposition. candidates who are also promising to evade poverty, as well as deal with corruption in government and conflict in the biase heart of manassas out there. well that's it for me down jordan, for now you can find more information on my website. i'll just come there. it is, i'll be back at the top of the i with more now i'm going coverage of israel. it's on the concept. come from a cost is up. next state you have done so much bye. the it was the gruesome murder that shops malaysia to policeman was sentenced to death

for shooting a young woman. i'm blowing up a party that was the killing link timberly just highest office, and one on one east road exclusive. one of the convicted pillars breaks the silence to make some facial revelations measurement a 00 who must speaks on out to 0. the kind of air i misspelled the attain. this is counting the cost on al jazeera. the week you look at the wealth of business and economics this week is what was more on does that has the police said that the israeli workforce enforced businesses to close? can the economy withstand a prolonged conflict? also this making dollars that is repeatedly plunged into darkness despite the wealth of boil and natural gas supplies, just office coastline cost origin. tina's new president is a far right,

libertarian, economist of yeah, ma, promises controversial solutions to his nation's economic crisis. $200000000000.00 and resolves and billions and american military aid. israel started it's war on garza with deep pockets. spending is skyrocketing, revenue is a forwarding and borrowing costs are increasing. the central bank says the world has proven to be more costly than initially estimated in many outlast expect the economic and impact will be unlike anything that israel has experienced in decades . and as, as will drives on, the expense is one of the mount is written businesses bearing the brunt more than $760000.00 does rarely, that's nearly 18 percent of the workforce have either been relocated from their homes or cold up as minute fear, resolve this not shortage is affecting the tech industry which accounts for nearly 20 percent of israel's g. d. p. and almost hoff opponents exports. a study by the

central bureau, a statistics shows that $1.00 and $3.00 companies that's been surveyed has either closed or is operating at a lower capacity. more than half of them reported revenue losses of 50 percent who many construction projects also ground to a halt when israel cancelled when pundents for thousands of palestinians following the mazda attack on october, the 7th fish and vegetable harvest roasting in the fields. many tie workers who make up the largest share of the agricultural workforce fled israel when this will began. israel central bank, it says the shortage of work is, is costing the economy more than $600000000.00 a week. the government is spending billions to fund it's offensive and gaza payers of the salaries and compensate businesses. that's also pushing strain on the budget . israel has now borrowed more than $8000000000.00 since this war began. its budget deficit has ballooned to $6000000000.00 credit basing agencies of all say one of

a down grays. or there are also fish at the war and goals that could escalation spread across the region. who's the fighters and yeah, and then have hijacked to ship own to find his way, the businessman and the southern red sea. the galaxy leader was on route from to k to india. is route, has condemned its capture as an act, as a rang and terrorism says, notice where these were on board. tyrone has been denying involvement. the incident, the could have implications for vessels passing through those busy shipping lands that of the middle east as well. joining us now from london as i all, when said he is the soul of his wife, professor of economics at the hebrew university of jerusalem, and also a professor of economics at lancaster university in the u. k. professor, thank you so much for joining us today on counting the cost. and it's now been thank you for having me that. thank you for being with us while it's been now over a month and a half since this will began. and if we look at some of the numbers up to 360000 resolved, this could be closed up. i mean, just that is something like what?

8 percent of the, what falls, 200000 people are already now solving. can you talk us through the impacts that we've seen so far on, on businesses and the economy more broadly? now the situation is not good, but i would say it's not as prim as you described is. indeed, a war is very costly, both in terms of human life and in terms of matter in terms of economics. and the, the war is expected to cost is right and economy. something like about the 200000000000 check with that's the estimate for the entire event for the entire war. uh, this is not major. this is not the a major part which is where a g d p is very, very costly. but it's for us to have guns as guns, full separate practices, few in the, in the last decade. so one people,

one was called me the corps. mm hm. and the other one was the christ as the 2008 prizes in both prices. so each read was very resilient, ok? it emerge from this crisis is from both practices better than other countries in europe. of course, it all depends how long the war is going to continue once it ends and we hope it will end soon. and there is some sort of long term settlement, the is why they couldn't, we wouldn't revive it so very, very quickly, activities. ok, i'm so sorry. i do want to do that and resilience because one of the things that has really busted these really economy in the past has been the tax and sector. and, and now we're seeing so many resolve us to been pulled up, particularly young, productive mendez. we've been working in the tech sector, so that's taking a massive here's how resilient is the economy going to be when, when one of its most resilient industries has taken such a huge knock. yeah. ok says that's true, that's true. i mean, many,

many of the people reservation found out recipes are now gradually, uh, being released. i mean, it, it, it turned out that more of them were cold than needed. okay. and the release of recipes is taking the, the input call the economy mix. okay. uh, they're also attempts to replace those recipes. we have a uh, uh, usually students don't work in the high tech industry. now, is it 2 or more frequently? they, they take over a temporarily job with other high tech workers that are in the army. if they are involved in the army, and so there is some sort of a mechanism if there are a lot of volunteer. you mentioned the agricultural sector. mm hm. and did some of the workers done with support and workers have a, have gone back to their,

to their home countries. but there is a very uh, uh, robust system that has been built or fall in tears that, uh, people from the age of 17, through the age of, for 85. i know people at the age of 85 that went down to uh uh, 2 fields it. yeah. because uh, to help buy to, uh, uh, we culture in the agriculture to farmers that the professor let me ask you about the, the estimation of the overall cost of the war. because as you said yourself, you're not obviously is predicated on the will ending and doing so within a relatively short period of time. nothing yahoo in the world cabinets have said that they are bracing for a long while. they've told israel to brace for a long will, so i'm wondering how we can, can make any kind of an estimate about how much space is all going to cost. when 1st thing we don't know how long we're going to move tenure. and so let me just

throw one more figure out to so it's at the moment costing an estimate of $270000000.00 a day. so this could balloon out very, very quickly that that could below several feet several feet. this being the, he's been keeping us as a support by the us. the don't forget, i can tell you the, the estimate my mike made by the, the finance office in these rooms. uh, an estimate the built on the assumption that the uh, the wall with less like several months up to one year. mm. and the overall uh, the overall estimate was uh, 200000000000 checked oh, it's a lot of money. but that's something that the uh when, when again, when, when the war ends and recovery uh, recovery starts. and we will, we will hope that it will end up with some reconstruction in gaza as the people's

suffered a lot the service to suffer. and they need to be reconstructed in gaza. uh eh, is rambling, i believe, be willing to contribute with its expertise. and with the, with this knowledge in this frequent structure, once the game ends on recovery starts. uh, i believe they quoted me. uh, so they put them on, so this is, this is all about if and when that ends in a relatively short period of time is we don't know that we don't know that. and, and i do want to ask you about invest a perception here because that's obviously a huge part of this investor confidence has already taken a hit. it took ahead also during the traditional reform protests that we sold ongoing now. so you can even big ahead with the war. how does that work when it comes to recovery? so i think uh uh, invest or a single defense. okay. um,

obviously high tech companies uh, experience more difficulties in pressing money then in the past. uh, but uh it, it depends about how the global economy and the high tech industry will look like at the end of the war. uh, when investors put the money aside. uh, uh, uh, waiting for it to see what uh, what happens. the news read me if the war is not going to take so long. uh they'll come back and say, oh sorry, presumably it will, it will be impacted by, by the perceptions of israel as well and how it's conducted itself and, and it's future of to the will within the global community, we will leave it there for now. professor i a winter, the silvers wife, progressive economics with the hebrew university. thank you for joining us. thank you. bye. well, gaza is now in complete darkness. so most of the time and communications blackouts

are frequent. we know life saving machines have been out of service. hospitals have been forced to shop the doors as well cut off fuel food water and posing a total located on the already besieged strip on october. the 7th. cause the depends on goods that come from a pastor, israel, despite its proximity to a wealth of fossil fuel resides. but palestinians come to access these resources because they are controlled by his room. well, in 2019 the united nations conference on trade and developmental tad release the following statement. the occupied posting entire treat lies above sizable reservoirs of oil and natural gas wealth in the occupied west bank. and the mediterranean coast of the goal is to strip mental and to say however, the occupation continues to prevent palestinians from developing the energy fields to benefit from such assets. 6 loans, not full gas field, gauze and moraine, was discovered nearly 30 kilometers off the coast of casa back in 1999. now it's

estimated to hold more than $28000000000.00 cubic nieces of gas. that's more than palestinians need opening up the possibility of exports. boss, israel control the strips of shores as since it imposed the brocade on garza in 2007. a field has never been developed. well, joining us now from dar has on this hello. he's a direct to the middle east and north africa region at global council, a policy advisory fund on that. thank you for being with us on al jazeera today. i'm just beginning with garza marine. i understand there was some kind of preliminary approval given by israel to develop. it's somewhat earlier this year. why hasn't not happened a head of this war as well. see, is really going to do the quite easily. yes. the development of these fields in june of this year prior to the war and prior to the recent approval. the trouble is really to restructure restrictions and fears that are already generated from the field with the flow of the offers of us in the 40. and they need us to

conduct the sort of activities and the cost for a tax. it has recently launched against is one of the above because it's hard to try partners investment to mobilize international energy companies to develop the field in a region and a small table that has been assigned to for better staging, more since 2006. so it's a combination of a political instability and israel's a termination to pete the field from b s on the right. you for the sure. but on that, it's not just carson, marine, we're talking about right there. all of the natural resources. they're all, i believe, natural gas resources and the bank based on to the other side of the resources is not part piece of the not easy to convention on the law of the seas. it

has an exclusive economic zone that has been developing doesn't recognize of the uh, the continental shopping, the boss deals or teenage under the, also a course and has been developing some resources. and these are meant draining to develop its own hydrocarbons. after the got a re field decided to deal with is as you said, 30000000 cubic meters and people here and the gas put it into the grass scheme. israel's to mario, the 2nd largest field has 300000000 cubic meters. so it's less than a one of the terms of, of, of israel 2nd largest field. the field is all right. the reason you're wanting to can be enough to supply his electricity in policy and as long as activities last band for 50 years,

which would be significant for added security. the 0 indicated has been taking the huge loss from the reasons for but, and, and, and before as well. on that, i'm wondering about whether or not cause a marine could potentially help with the current conflict in terms of trying to find some kind of resolution. we were hearing very recently from emma hochstein, the us special presidential coordinator for global infrastructure and energy security, very long title. but he's been saying that these actual gas resolves could, potentially, because they, they could be used to to power garza and that they could be a source of, of energy independence for palestinians in a post. full future does not help with, with any kinds of, of conversations. that are happening right now about the current conflict, the short term because investors are going to be confident that there will be a zone will be safe enough to do to develop whether there will be a further explanation. the reason we've been instrumental the ones for mental dork

saving the occasion, deal between the israel last year and or you earlier this year, excuse me. and he's, he's hoping to look at as a model for the collision between israel and that. but that's something that will take time because there are on demand titles and the company that need to be resolved before before gas can be looked at as a bridge between the 2 parties. um it hello, the practice director of the middle east and north africa region of global council . thank you so much for joining us on catching the cost of the on the far right, economist, hobby, emulate, often wielded a chain. so on the campaign trail in argentina, it symbolized his plans to come government spending. now the new president is being tossed with steering the nation as a one of its west economic crises and history. government covers an empty and

inflation has ballooned. it has been promising drastic reforms bots, critics liking him to donald trump and describe the form of television personality as a madman. finch, and all of that and reports a decisive victory for a man promising change for argentina. have you had me laid strong stance against corruption, captured the imagination of our continued struggling with the high cost of living? he won the presidency littlewood 55 percent of the vote. is sort of an official who knows me the majority of the know something beautiful thing today brings it into this idea that the state is shared among politicians and their friends today brings an end to this vision that the perpetrators are the victims. and the victims are the perpetrators. today we re take the past that made this country great. or today we embrace the ideas of libertarian is the most thousands took to the streets of the capital to celebrate and delays victory. he's promised to destroy the central

bank and dollar. why is the economy it bit to get inflation under control? the perfect, he said everything we need to do here, an honest guy who comes to put the effort and work above all things. so what's going to be late and let's move forward. let's go argentina. but there are many people, human rights groups and labor unions who are afraid that me like gender goes far beyond economic reforms, really as promised a referendum of whether to scale back abortion rights. he also wants to relax gun control laws and oppose tougher austerity measures in place in victor sewell. i think it's sad my chest hurts because this country is for everyone. and these people have no management, have no love for their neighbor, and it's hurt. it hurts a lot. they have hate and we have loved. and we wanted a country for everybody. argentina's lurk from one economic crisis to the next 3 years. that's why the electorate are willing to take a chance on outside or like mueller. he's promised a radical agenda,

but with many opponents in congress, the question now is whether he'll be able to carry it out, fits motivated for counting the cost. well, let's take a closer look at some of these, that grin economic data. argentina's annual inflation sold to a 143 percent and i'll tell you about the highest in the world. the currency has the valued sharply save as ditching the pace or foreign currency reserves also near the lowest since 2006. the central bank says the economy is on track to shrink to percent this year. they've want a recession is likely and full in 10 argentinians. meanwhile, live in poverty, depending on soup kitchens, as they can't afford to buy basic food items. argentina is also the international monetary funds launch us desa count here is more than $40000000000.00 while to discuss, or that i'm joined by humana. blanca, she's the senior director chief. i must, and head of america is their assist maple cross the global risk intelligence company. she joins me now from been on the dana in spain. thank you for being with

us. you man us. and i'm just going to stop by all. so you is anything a tool going well when it comes to us tina's economy? well, i think the not at the moment, but there's a lot of potential. and then i think that's where delay is going to attempt to tap in for the recovery. one of the key problems that origin tina has and the top challenge for him is to restore investor confidence to urgency. that does not lock economic sectors in which for an investors can you can pay attention or, or go into. so whether we're talking about oil and gas, metals, and mining the agree business, or even the tech industry, urgency that has a lot to offer. but you know, the key problem is the macro economic situation that you have described, which includes currency capital controls that make it very difficult for international companies to operate and to reply to

a bit and see if they generate them in the country. so well, in terms of malays policies, you said that he could benefit from, from a recovery. he has some pushing drastic proposals about, about how to move forward. does his victory indicate the people in argentina supports his policies, and that's why they version 4. well, i think there's 2 parts to that answer and the 1st part is origin signs were really exhausted about the current economic situation, which, you know, has been building up for a decade at least, if not longer. and they really saw the current economic model as exhausted and something that they just couldn't continue. so on the one hand, i think, you know, the election of millay is this much a rejection of what could have been in terms of a continuation of the current administration versus a full support of the mulay agenda. i think he has much broader support when it comes to his economic agenda,

but much less so when it comes to the so show agenda that the piece was previously talking about in terms of some of his more conservative social policy. well, let me ask you about one of his economic policies, then he is planning on potentially daughter rising. the economy will, will obviously be a fairly costly exercise. will that help? will that fix things a very long roads dollarization and something that may play himself has recognized . um, you know, i'm going to state the obvious here but to dollar rice you need dollars. and as we just stated, argentine that doesn't have them, whether it's, it's in reserves or coming in as foreign direct investment even flows. so you know, he'll need to fix other parts of the economy 1st before he can think about implementing dollar i sation. and then once we get to the point, let's assume he does get to that stage where he's, you know, restored a fiscal responsibility,

where he's removed all the currency and capital controls. then he'll also need to think about how we did it is implemented. there's different types of dollar, i say sion out there. i think you know, as an initial stage it won't be a complete replacement of the currency, although that is his goal. but to do that and assuming he does manage to do that, you do need the fiscal responsibility going forward. and that is one of the long pending challenges for argentina. so i think, you know, it's all the right station was a great campaign slogan. now when it comes to implemented, it will take years if not decades, to get to the stage where you can do that responsibly. so we'll need to wait and see what happens in the in between period. can i get your medicine and fiscal responsibility several times that now i know he's, he's promised to cut the government spending very drastically as promised to, i believe also to abolish the central bank. these will require congressional

supports. will he be able to, to get that political support in a, in order to be able to push this economic agenda? well, i think the question is it will depend on, on the topic we're talking about, right? so reducing the bulky state in argentina is something he's more likely to be able to build consensus, surround with sentries parties. because we have to recognize malays position in congress and both chambers is a minority position. and he will rely on the more centrist parties to get that support, i think, on cutting down on the size of the state. uh that will be a comparatively easier task than say under eliminating the central bank. and again, eliminating the central bank is something that would need to be linked to dollar i sation. so i think again, this is not a, a policy that he's likely to seek on day one of his administration on the 11th of

december. whereas the reducing the size of the state is and that again, is something that our agency not, not only has to do because it needs to reorganize the micro economic situation. it's something it needs to do. if it is going to renegotiate, it's that both with private bond holders on with the map, both of which are also pending homework for the incoming administration humana, blank, or the recess direct to ahead of america is risk insights of various maple cross. thanks for joining us. again, on counting the costs to man. thank you for having me. oh, that is our sorry for this week. to get in touch with us on x, formerly known as twice on. i'm at the stalls. you take to use the hash tag, a ctc, when you do or drop as an e mail counseling the costs at al jazeera dot net is our address. there's also always more for you online, and i will do 0 dot com slash ctc. that'll take you straight to home page, which has individual reports, links and imply episodes to,

to catch up on the deposit. so this edition of counting the cost associated paying from the whole team. thanks for joining us. the news on, on tuesday, right. this next simply violence has been pushing palestinians out to finance for years, which is october, the 7th. it's been like nothing exceed before were the 200 people from where the c a for the one community in the occupied with the bank with food to eat. there may be the shortest family had to run for take they've located us for 4 days. we couldn't bring in water tanks to drink. id is brothers and the families have relocated to the village of type a 7 year old kyle, it says he's the top of his class. i ask him, what's 3 plus 4? he says it's suddenly. he says he misses who are the ones at the castle. i've always depended on a warm climate, but it's too cold here in the village of piping. there's also little reason glance

. they can start the new life here. maybe the side would sooner to she would also learn that he might never be able to return to the k as in joy as a 2nd group of $39.00 to me under his release from his ready presence. and we might have to defend elsewhere in the occupied westbank, massive crowds turn out to meet the women in teenagers as the arrived. children often being set free on touching his writings and full time competence are released by on us. and i've now back in his room as part of the prisoner exchange street. the other ones are in jordan, this is on is there a license.