within region 4 doesn't have the line up, so the amount isn't up. so we are scared of wagner. and molly, there wasn't any problems before they arrived. we trusted the military. wagner is the heading. people. we're really afraid. we've left everything behind food and our animals. we're too afraid to return home, but molly's government is calling on those displays to return home to get out the military are going your house to house, searching for a tour, a gravel go to the sides, joining or sweep of the city we found and seized a lot of weapons and vehicles, which we now have to hand in this comp. images circulating on social media show as nick, bumper our residents, $50.00 looting homes of their arab into our reg neighbors who had fled. most oregon arabs are too afraid to return home, fearing communal violence. as the un peacekeeping mission continues its withdrawal agencies, a tens of thousands of displays, people live in far flung places with little assistance. it is no human fit and

assistance because the access is not accessed. it's not possible nowadays they need a huge and oftentimes they need the term of water and tell them of segmentation. i need to move me to color system. the tory people are isolated and displaced their hopes for an independent homeland. they called the as it was, seem distant. for now, it is for them a matter of survival. nicholas hawk algebra. court hearings have begun in beijing for a lawsuit brought on by the families of passengers last on malaysia airlines flight 370 katrina. you has more from beijing to this is amazing courthouse with dozens of relatives of those on board image 317. i'll be getting legal proceedings against the airlines and other corporations involved in that flight. it's been almost a decade since more than 200 people traveling through ratings seriously disappeared over the indian ocean on march 8th, 24. not since the most of the relatives of those on board has this settled. i was

told with malaysian airlines receiving compensation of about $350000.00, with a dozens of families driving proceeding to say the airlines, the insurance company, and the plain manufacturer must admit they're also looking for a funds to be created to continue the search for the mrs. how are you as well as the one on the to me from you? we'll kind of you in our original intention has never changed. that is to find the arrow cross and the passengers. we insist on this as always. these families are also asked me for the opportunity to continue legal proceedings, should more information about the flex, his appearance come to light. the trial is expected to last for 10 days. katrina, you onto 0 stage and that's it from us. for now, you can stay up to date with old. i have top stores on the website, which is 0 dot com. barney's coming up after counting the cost to stay with us the

so many politicians want to be the republican party's candidate for to any stand a chance it gets donald trump, if our planet is burning and we're running out of time, why aren't we doing more to deal with climate change, our american politics just getting to your wife into a screen for most americans, because it can look you as part of the bottom line. the kind of arrow misspelled c, attain. this is counting the cost on al jazeera. we can 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 cost, cost origin. tina's new president is a far, i've libertarian economist. yeah, ma promises controversial solutions to his nation's economic crisis. $200000000000.00 and resolves and billions and american military aid as well. 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 expenses. 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 military resolve. this not shortage is affecting can 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 flood 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 also one of the 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 to 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 of 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 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, the war is expected to cost these right, and economy, something like about the 200000000000 check, which is 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 is what i 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 crisis, the 2008 crisis in both prices. so each way it was very resilient, okay, emerge from this crisis is from post 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 would revive it so very, very quickly, activities. ok, i'm so sorry. i do want to do that in resilience because one of the things that has really busted these really economy in the past has been the techs and tech stuff. and, and now we're seeing so many resolve this to been pulled up, particularly young,

productive members who's been working in the tech sector. so that's taking a massive yes. 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 now, no 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 of other high tech uh workers that are in the army if they are

involved in the army. and so there is some sort of america needs if there are a lot of volunteer, you mentioned the agricultural sec door. 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 while, 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 in 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 mind made by the, uh, finance office and his rent. 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 check. oh, it's a lot of money. but that's something that the when, when again, when,

when the war ends and recovery recovery starts. and we will, we will hope that it will end up with some reconstruction in gaza. and so it doesn't, people suffer deluxe, the sort of still suffer. and the 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 reconstruction, 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 hand, because that's will just be a huge part of this investor. confidence has already taken a hit. it took ahead also during the judicial reform protests that we saw ongoing

now. so you can even big ahead with the war. how does that work when it comes to recovery? so i think uh, a 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 in 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 because 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 will pass through 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 about sizable reservoirs of oil and natural gas wealth in the occupied west bank. and the mediterranean coast of the goal is to strip. i'm going 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 and 2007. a field has never been developed. well, joining us now from the house on that 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 somewhat earlier this year. why hasn't not happened ahead of this war a well look and see is really going to do the quite easily. yes, the development all these fields in june of this year prior to the war 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 far 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 the israel's termination to meet the field from being excellent around you for the start. but on that, it's not just cause a marine. we're talking about right there, all of the natural resources. they're all, i believe, natural gas resources and the based on 2 there are there are side of the resources

is not part piece of the not easy to imagine on the law of the seas. it has an exclusive economic zone that has been developing doesn't recognize the uh, the continental shopping. the most deals are huge. the under the, also a course and has been developing some resources in the summer, draining to the on hydrocarbons after the 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 in the west bank for 50 years, which would be significant for added security, which as you said, it has been taking the huge loss from the reasons for but and, and, and resources 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 coordinates of 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 of how the students in a postal future does not help with, with any kinds 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 saved enough to do to develop whether there will be a further explanation. the reason he's been instrumental he wants to mental dork, facing the n r, my cation 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 counsels . thank you so much for joining us on catching the cost the on the far right is economist hobby. emily 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. i use 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. you know, as promised a referendum of whether to scale back a portion rights. he also wants to relax gun controls and oppose tougher austerity measures in place in the field. 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 love. and we wanted

a country for everybody. argentina's lurk from one economic crisis to the next for 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 accounting, the cost. well, let's take a closer look at some of those 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 is all ditching the pace or foreign currency resolves to also near the lowest since 2006. the central bank says the economy is on track to shrink to percent this year. they've won 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. this desa count here is more than $14000000000.00. while to

discuss or that i'm joined by humana. blanca, she's the senior director chief. i'm list 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 gonna 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 with 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 social 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, i will obviously be a fairly costly exercise. will that help? will that fix things, the very long road to dollar a station and something that me, le, 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, argentina 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

dollarization. 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 dollarization 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 human a, you mentioned a fiscal responsibility several times that now i know he's, he's promised to cut the government spending very drastically is pun mr. i believe also to abolish the central bank. but these will require congress small supports. will he be able to get that political support in a, in order to be able to push his economic agenda? well, i think the question is it will depend on, on the topic we're talking about, right? so reducing the bulky states in argentina is something he's more likely to be able to build consensus around with sentries parties. because we have to recognize malays position in congress in both chambers is a minority position. and he will rely on the more centrist parties to get that support, i think on i'm cutting down on the size of the state that will be a comparatively easier task than say on the limit 18 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 only has to do because it needs to reorganize the macro 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. blanca, the recess, correct 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 to all 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 us 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 a page which has individual reports, links and imply episodes to, to catch up on the deposit. so this edition of counting the cost associated hands on the whole team. thanks for joining us. the news on, on tuesday, right, is next. the story of a small community in one of mexico's most dangerous states standing up to criminal court house and corrupt politicians. the we don't want to call additions anymore. they just this tonight, the people in the last episode of the democracy. maybe we explore how trans eldest let the fights for self determination, pretty savvy at that time, thinking that the now coast was the same as thinking of the 2 ends government by the people on al jazeera. i mean the world slow down,

we stand for as homes with tips of global nichols reserves. indonesia is point to leave the global, the battery industry. we definitely manage our abundant resources and play a role in solar energy harness the offerings, 75 percent of global carbon credit suspension committed to environmental protection, enhancing investment climate to digital licensing. your better tomorrow. the more palestinians are freed from his riley jails in the latest release of prisoners . most of them children, the general. this is elder. they rely from the also coming up a full exchange of captives and prisoners, 11 captives handed over by

a moss on. now the news rep ceasefire extended israel and mice agreed to pause fighting for a further 2 days in.