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tv   Counting the Cost  Al Jazeera  December 9, 2023 2:30am-3:01am AST

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it is facing a situation of absolute, brutal violence. it says, gains the control, 80 percent of the capital are responsible for widespread crime, including more than $8000.00 motors. so fathers here, multi national security mission, led by kenya, was approved by the un security council in october. it's tasked with addressing the crisis and stabilizing the situation. but the court challenge in kenya has delayed the plan. in these 1st 11 months of 2023. we've seen 8000 killings, lynchings, kidnappings, and right. very often collective right at often targeting um of course women, but also young girls. in fact, we see a lot of young girls and i've met 14 year olds that are already on mothers as a result of great russian massages, if it residential buildings in the east and ukrainian city of khaki have 2 people were wounded, 7 apartment blocks and more than 20 cause with damaged ukraine has been trying to
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keep russian forces from pushing west in the region. precious president vladimir putin says he will run for reelection in 2024. he made the announcement and events . the soldiers who fought in ukraine of the one said russia needs you to send one by landslide, in 2018 at the time election. observe is wanting that he faced no real competition to has been in office either as president or prime minister since 1999. and is one of russia's longest serving leaders. waiting a 2024 election would keep him in power and open up a possible term until 2036 months. it went through and i will not hide that. i've had different thoughts at different times. it's now at the time when the decision needs to be made. we run for the position of the president. but his, when his president doesn't build a map, redefining the countries board has to include the contested region. as a keeper,
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a redrawing comes off the venezuelan verses in a referendum approves the creation of a new province in a well rich area that's governed by neighboring diana nicholas, my dear wrote one school company is working that i'm the guy on his approval to withdrawal the canadian government has been criticized by oil and gas companies off per ton veil to plan aimed at pushing them to cut emissions by up to 38 percent from 2019 levels by 2030 along the way to plans for introduce a cap and trade system that limits the maximum emissions speaking comp 28 in due by kind of this environment and stuff. so companies must do that parts to tackle the climate crisis. and that's it for me. how are you close at the news continues, i'll just say the president biden says one to 2 state solution for palestinians and israelis. but
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this, anybody believe it's doable? what this is real for? i'm gonna say it back to us foreign policy. and what are the long term consequences for the region and the world? a quizzical look at us politics, the bottom line. the other one, adrian said, again, this is counting the cost on up to 0. you know, we can look at the business and economics. this rank is rails. busy on cars as has it's agricultural farm plans, nation is struggling to film the gap left by phone workers who fled, use the conflict. also this rates as geo political tensions in the middle east escalate goal is becoming more a more expensive, but we'll, we'll also fire up plus environmental values before paychecks. many employees on
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working out of companies that fail to commit to the fights against climate change. so it security has been a positive as well as the economic policy for decades. but it's really fun because i'm not worried about the war on goss. i could turn the fields into barren land grow as con, reached that crops in the area surrounding the strip, which is noticed is rails vegetable patch. i'm the shop shortage of palestinian on foreign workers with a lack of because fruits and vegetables i left a lot with a group. many farmers fear of the conflict could hook the agricultural industry for many months to come. well sir, they have 389 farmers combined conducted by the big out galley research since that use thought 89 percent of his way. the farmers have experience, some damage and maybe all of them expect more losses during the next 3 months. maybe 3 quarters of the farm is face disruption to that workforce. even in areas not close to the fighting firm is expected
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a 35 percent drop in both production and revenue on average, but that's projected to double it areas close to the bowl that we've gone. so as well as agricultural industry as long relied mainly on palestinian anti wel, cuz the many palestinians from the occupied west bank of banned from entering israel. thousands of foreign workers fled when the war started. that is really drive us because machine operates as managers have been pulled up from the free duty to show the full is estimated to be more than 30000 workers. farmers are looking to fill. the gap with volunteers will, by hiring is really is a sign on bonuses being offered to his right. he's willing to work on the farms and soldiers have been mobilized to help harvest trumps. the government is trying to encourage foreign workers to go back to the fields by extending the visas and offering the extra payments of $500.00 a month. it's also looking to recruit thousands of laborers from countries
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including india and tr lanka. meanwhile, the departure of hundreds of below we ins to work on is really funds a spot to debate in the cash strapped african country. critics of the agreement, a worried about the safety measures put in place to protect malawi and the system will continues. that's despite the attempts by officials in malawi as well to assuage the fears. human rights textbooks of one foreign workers could be at risk of exploitation, as israel scrambles to fill the labor gaps. what's wrong, it's not from london is ill windsor. he's the silver spike, professor of economics of a keeper, university of jerusalem, and a professor of economics at lancaster university in the u. k. professor good to have you with us before we talk about the toll that this war is taking all the agricultural sector in israel, i want to know whether it is still a main drive of israel's economy. how important is it to the country? yeah, i could cut you a new thread is very important. uh uh,
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but it's not crucial as it, as it was. uh, let's say 30 years ago. uh, these days we are importing a much more uh, uh, foot produce, meet. busy vegetables uh quotes from other countries, but the industry is very important for a uh, for those who uh, work in dc industry. for those we have to farms. uh, they rely on this for their lives and uh, the war is making it very, very difficult for them. for 2 reasons. why is some, some, some farms have been evacuated because of the war with this for, for security reasons. and the other reason is that much of the workers are poor and workers, and many of these farm workers, not all, but many of these farm workers went back because of the war to their home countries
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. is riley's citizens? no, it's quite uh, amazing phenomenon. people from angel for 13 to uh, a 91. tier 2, i will do it myself if, if 2 weeks now, either in the next few weeks uh towards in the fields to replace those porn workers . but this is not enough professor. busy so the they are, i'm sorry to interrupt you, but, but the time is tied here. you say that that is where there's no more reliance upon upon inputs. but there is a cost to that. surely. i mean, it's more expensive to input food that it is to, to, to grow your own. isn't that, i mean, what is that having a drag on the economy? not really. i mean, uh, surprisingly the approaches that are, are uh, maybe news rooms are more expensive because of labor costs. israel a, a is rarely ports from the country with
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a crisis on much or as you may be surprised by the vegetables and fruits that are on the market. this out for me is rarely produce, are more expensive. uh, but uh, you know, the now now the, the, the situation especially i said, especially for those war from the agriculture is, is difficult, but i think the war but when the war and uh, uh, finch, will recover quite quickly. you know, when we're talking about agriculture, there's one more thing that need to be said here and in relation to the war is ryan is one of the leading countries in um, in the production of technology. i've been called to a technology at the when i think about the, i mean the, the potential of israel healthy does. okay. uh, in most thing it's agriculture. the industry is amazing.
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i mean, this potential has been put aside for so many years. okay. and my whole my vehicle is when the sport ants a. 2 that i believe that this was use, riley is helping people because with many and developed countries. i mean the marshall it's technology is being export and experts are going to other countries to, to teach people how to use these technologies. and but, and it's so frustrating to see that it doesn't take place near whole. okay. and it does have takes new homes because what happens now and hopefully the soon uh, this wouldn't be gone. and my goal is that is red. we'd be able to help in the agriculture because it needs to be culture, flourishing every culture industry. and that i hope that these read we'd be able to assist. we talked about as well as the reliance on,
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on foreign workers for its agricultural sector rights groups have criticized the working conditions that they experienced that was before the will began. now that warning the risk of exploitation. but what do you make of of those criminal? i think this won't happen, i think is right up a very strict rules about uh, dealing the tricking of foreign workers, beverley pearl. busy so bailey, social, these people are going to be cap, and i tell you something else on the psychology level. people, the news where i love so appreciate the to those worker who decided not to go, but to stay with this right. to help in the agriculture and they did it to some extent a not for money but, but for solely doroty. and it just makes no sense to treat these workers badly when they, uh, when they did something. so uh uh,
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so nice and source though it is so supportive to ease. right. so i, i doubt that this will happen youtube, professor about the people volunteering to work in the agriculture sector, but that's a short for the, for 30000 workers. i'm among them. the palestinians who now banned from entering israel, i mean could come out number be made up, come come late, it cannot replace. it cannot replace the labor force that israel had before the war app. absolutely. it's more, a gesture made by the citizen. it helps believe the pep somewhat, but not uh, it cannot bring back the situation to what it was before. uh and, and so, well, that's why the, the, the secretary's a in a slow down. uh, but as i said, i mean, at the moment the book. busy is over uh, these workers will come back to israel and the, uh, the sec deliver 5 itself very quickly,
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professor manufacturing data and for being with us on counting the cost. now israel sage, relentless, foaming on ground operations of all painted all manner of life and gone as a human rights watch released video of satellite imagery showing the destruction of orchards, greenhouses on farm land in the northern parts of the strip. it says the damage compounds concerns about food and security and last livelihoods, as well as cutoff food was out of fuel supplies to the already besieged strip. since the beginning of the pool, a deliveries a limited, and the humanitarian situation is catastrophic. to know more about this, to watch our previous additions have come through the costs. we detailed the crippling cost of the woofer, gaza at its residence of the not when geo political tensions wise. investors tend to put that money into safe havens like gold. the metal is looking hot right now as a rule on concert escalates above. the cost of oil is also sensitive to events in
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the middle east. yes. offer an attack on american worship and commercial vessels in the southern red sea. it's changed very little in value prices could go up though if the world widens across the region and disrupt supplies, or prices of swan wildly in recent months, despite the attempts by major producers to show up the market. they've recently agreed once again to deepen voluntary cost outputs for the 1st quarter of 2024, the total cubs amount to more than $2000000.00 barrels per day, including a rolling of, of previous costs by saudi arabia and russia. opec plus, as also invited brazil to join the group. the country struggling with a high cost of living by the us, want to ease prices, the nation's pump directly to the teen 1000000 barrels a day into the market. now brent crude, the international benchmark riley off to opec plus costs were announced, but then last more than 2 percent trading the $80.00
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a barrel last week. that's well below a year high of almost $96.00 a barrel in september. prices were expected to suppose $100.00 a barrel in the past 2 months, but despite output reductions by oil produces, they which sold in the seventy's oil prices hit more than $120.00 a barrel. last year, off to russia, invited ukraine. the international monetary fund, it says that the saudi arabia needs to, on the $86.00 a barrel. the fund ambitious oval of its economy frontier by but joined now by jamil on which email is chief market analyst at global trading and brokerage corporation could have you with distribution. so we've got a wall in the middle east, and yet oil prices have hardly moved. what's going on is like, you know, essentially or after the terrible events that starting on october 7th, we did have an initial $9.00 to $10.00 spike and the little price over the next train of legal service and stuff. we've now dropped more than $20.00. and we're now headed towards another 70 us dollars,
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which is the lowest level. so sounds like that's a few different reasons for this. personally, no matter how difficult and tragic these of us are taking place is not one of the area of high economic activities a no and an area of my exports. so we compare the 2023 crisis which is taking place now. i guess the 2022 eventually frustrated. crank is completely different. so the concepts of awful, not the less and nothing stops it is the institution of an asset managers and what, what is the on the side of the coating that no new entrance or moving to the complex will be getting adult trips of boy they supply issue and the farm that quote is very much proved correct because we have dropped as much as 20 us dollars since that impacts following the election october 7th. now, opec plus has repeatedly caught production. as we said, i know the voltage rate reduction announced last week and yet markets of hopefully bunched on that to use either why i'd like to know because it sounds very good on
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the headline. but typically there's always been seen as a dysfunctional group where the like in your next thing, i like a complex give you a couple of different examples of this following the of across nation, which firstly was response abruptly and then it was rescheduled just a couple of days i think a national was that yes, we're going to extend the production costs us all individual vendors to comply with . this will be announcing the statements that because separately based on dimensions, the results of the most science for lack of utilizing a lack of unclear messaging and instruction. yes. ok. economic costs do controlled as much as 90 percent of oil reserves and 60 percent reduction. and so you get those clear, consistent standardized messages from the group financial market. i do not see as something that we can typically always believe because it got electric, a bunch of staffers to see if we also have some other strong translation where all the different members have different price points but exports,
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the government revenues. and so, so basically we have a number of different conflicts of interest taking place as well, which is why despite the cost of associates market share is longer term and at some financial market or by specific in this example, is not that much whichever you, unless we do have consistent messages provided from the group. how significant is a is brazil being invited to join opec plus it is significant from headlines present. it is one of the top 10 producers of the commodity is also the largest and fortunately commodity as well. but again, i'll give you some of the historical context here. ok, we're seeing essentially 13 different mothers feed establishment at 1st i, for 11 members to the room. numbers is if it comes with the member and all helps under what you've got, it is not clear the stage would make it $12.00. and so we see that unity, the consistency in that board, members are equal both the core distribution of the interest hots. it will not mean
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that much of a longer. so there are concerns me over a slow demand from china. how much of a problem for opec plus is production in the us which, which is, is ramping up? it was the initial concern. that was the quote price trash, the stock, roughly 10 years ago. that was the major reason why it was the us restrictions. i told them all the storm it was such as the comfortable it's not just pictures and export of the commodity. what your tax, 2022 data from the energy information agents. they actually prove that was going to be the case that we do have concerns, as well as a slow and global economic growth. a one stop china where the major important commodities. but as we add into 2024, we still have a number of different global economic health issues. firstly, upsets and central policy, and inflation projections was a whole land rover and on the drove. we have also not yet seen the true impacts of the shot, the shift have an interest for others. you know, many of us are seen and trying to ration. and so we get the sentinels and we're
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starting to see the integrations. the global center bench is about 12 for us, but it was out which of course, controls us interest rate. obviously, you'll concentra back in your back and then you have a new kind of shuffle. and so we stuck in the sink and i was coming for the direct and the stop caution interest rates and 2024. we do see more concerns provided about working on a group of just lives. so kind of by just of an issue. all right, janelle, stay, stay with us. thanks for that. but i wanted to talk to you about goals, which will turn our attention to. now as you can see, the precious metal jumped in price by more than 3 percent. on december 4th, to a record of more than $2135.00 an hour once before pairing some of those gains. but that's more than the previous old time. hyatt said in august 2020. when they wrote a virus pandemic boosted safe haven demand. uh gold prices have risen by more than 10 percent so far this year. so jimmy gold never has been a this expensive. is it just about coverage geo political tension or is that
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something else going on here? we have a number of different sections in the world, gym, physical tensions on multiple products, global economic health concerns, how developed and emerging economies, i haven't even the high interest rate. obviously i reduce the reasons why gold still remains, even though it has for them for about $2100.00 recognizes in 2 days ago is to above 2000 us dollars. and we also have these taken off with the central banks. the gold would see the largest increase in gold allocations for roughly 70 years. and i do think it comes down to a global economic how it concerns uncertainty as to where to go to settings and all the economic projectors, as well as the central bank policy. and supply and demand how economies are going to continue to handle high interest rates. we still have a number of complexities which as long as a safe haven goal still remains as an investor, as best friend or i g mail. but so let's go, let's turn our attention now to bitcoin, which a search strips highest priced into the 20 months. the world's largest crypto
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currency has the past $44000.00. marking a 150 percent increase this year. the value of the digital coin was plunged to as low as $17000.00 after a series of interest rate hikes by the us. federal was of the collapse of f t x. one of the biggest crypto companies has also pushed the price down. such a male is a bit coined making a come back. it is very much a visit that the case has a very christmas present, a sort of a sense of relative lack of what the big one was priced up one year ago. 16000 you were still is. so we're not approaching close to 3 times that value just one year late. so another less we pass some psychological resistance levels, $133540000.00 study this week. actually see traders and investor very quick. the price of the. ready games we need to say we can hold on to that. $45000.00 us dollar. how do i do think that the letter so there's some way exhausted because we haven't changed, ma'am. i would just
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a couple of try to weeks for the science and crypt occurrences being more likely adults. it that off expectations and exchange traded funds will be presented. encouraged by one of the asset managers which does suggest from a fixed income and different investor level. and much more sophisticated and susan's invest will be able to invest in groups occurrences, which is like the claim as really in the future right now. to mail many thanks and thanks for being with us. one comes with the cost pretty good to talk to you. now one of the main attractions of a job is usually how much an employee is paid, but a growing number of workers, a now prioritizing environmental goals of a salaries. so cold climate quizzes are ready to turn down a recruitment offer or resign if their employer doesn't commit to climate action. the trend is particularly growing in the u. k. way consulting company, k, p. m g. as recently conducted a survey of 6000 people. it found but environmental, social, and governance. so s g factors are influenced thing, employment decisions for almost half off british office workers. the study says the
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millennials and young workers are driving the climate, quitting trend, seeking out some more environmentally friendly jobs. 20 percent of respondents of tongue down the job offers if the company didn't demonstrate climates and social commitments well, 51 percent of 2000 students. so they, globally, by the yale school, the management said that they would accept lowest salaries to work for an environmentally responsible company. the international energy agency says that more people were employed by clean energy companies, the by fossil fuel ones. this yeah, let's get back to, to buy from the average joined by john mccann at least the head of global environmental, social and governance at k p. m. g international. i could tell you with a set you on a call from being environmentally conscious. what is, is it that's motivating these employees to quit will not accept the job in the 1st place and all they mostly younger workers. are research shows that almost all of
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the u. k. workers off of what i'll be, can say. all ages are based on the employment decisions on environmental oaks, but also social considerations. this is particularly true among millennial and gen z employees where the figure rises to more than hoss. but i just want to be really kind spacing that this is not, uh, it is not just about climate, for example, for jen c, a $192.00, the sense of the place and importance of being able to link bedroom and finally using their own purpose with that of the organizations that a, what for young professionals wants to work full and indeed they want to achieve goals which go beyond profit loans. now i interesting, they, what we seen in our research that younger workers say between 18 and 34. most of them, they are primarily interested in fair pay commitments while the next bracket up. those between 45 and 44 of them most focused the environmental impact of the
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company's work that they do. and there are other considerations such as go to ethical considerations. i'm also taking we seen for the dates, i would just kind of 5 right quickly. the updates of shows the key factors guidance where employees at cheese to what today i'm in the in the future with 20 percent of adults. i add such a percent of the $18.00 to $24.00 brackets ton and down job offices. as you mentioned, it is this phenomenon a affecting companies. and that it's, it's forcing them in a way to change the environmental policies about any particular sectors that better be being affected more than others. yeah. yes indeed that there's a, a strong set to relate to beta that we see coming through a sofa climate. um uh for example, this resonates more than what we told the halt to a bait sectors. so here when we see at 24 percent said that they would not work in
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mining 23 percent was not working in the oil and gas and 21 percent would not work in petra, chemicals, but this is not just about climate. i said it before, i'll say it again. the 2 most common sectors in which correspondence, sorry, respondent said they would not walk in. i'm a much more social, i'm health focused. so for example, twice the soul to sense so they would not work in the alcohol sector and we see that 42 percent. that said they would not work in the tobacco sex, ed and joan. as we transition towards more renewable energy supplies, i mean could, could that transform the job market? i? yes, indeed. absolutely. so as we transition, what we see is inversion type of technologies emerging area. so he talks about
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doable energy on the show when offshore wind technologies around this, such as common catcher, comp, and storage and so on. all of these will need to add new jobs, a new set of skills, and we absolutely see young people coming through a passionate about this agenda, wanting to work in these areas. and we absolutely see that transforming the jump to market in the future. john has been really good still to on counting the cost, but he thinks some dates of being with us. um that so i'll show for this week if you'd like to comment on anything that you've seen, you can get in touch with us by treating me on x. that still sounds a little put. i'm at a fit again on an x. try to remember to use the hash tag h a c t c. what do you do? or you could drop us a line counting the cost of elders 0 dot net is our e mail address. as always, there's plenty more few online i'll just say or dot com slash ctc. that takes you straight to a page that you'll find individual reports, links at a time episodes to you to catch up. that's it. so this edition of content,
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the cost on adrian, instead of going from the team here, and i want to, thanks for being with us. the news on al jazeera is next the it is a tenant to produce object. these coverage. many parts of is really media are effectively engaging in propaganda or genocide. what these really military with telling us does not fit in with what evidence they have so far. and yet, on the fringes of his randy, public discourse, anti war voices persist, sales calling the traitors. the listening close covers how the news is come to watch this space for where the story goes next to the world. slow down, we stand for as homes with tips of global nickel reserves. indonesia is points to leave the global, the battery industries. we definitely manage our abundant resources and play
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a role in solar energy harnessing offerings, 75 percent of global carbon credits, essentially submitted by mental protection, enhancing investment climate digital licensing, your better tomorrow. the other votes another veto to us block. so you and resolution demanding an immediate cease fire in gaza. this will only plant the seeds for the next war, because the mazda has no desire to see a durable piece the already full. so this is live from the also coming up the palestinian ambassadors of the un calls the result of the boat disastrous with millions of polished any.

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