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tv   Counting the Cost  Al Jazeera  December 12, 2023 4:30am-5:01am AST

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so it was not there anymore. and also the debates up there was saying, uh for 2050 that's too far away after the we are looking at the possibility that the $1.00 degrees centigrade. we've been which that within this, that could. so this is a critical becket for for action, and we'd need to act fast. the government should, what commence should have messed your commentary with funding gomez, with an effort to ensure that even the reached up limits. let's turn off of the nicest sport snares. here's some a man to say night is faced by munich and the time this week on tuesday, it's a must win class for every time have side united need to be the gym and time and hope the match between get us as a ryan to copenhagen is a tool and the other group a match in order to reach knockouts. what i know is i never thinking scenario and negative scenario, i think we think positive. and so we know what to do. we have to win to stay in
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europe. so it was all about that, so a little bit better team with that feeling. and with that believe that we are able to do it. awesome. all don't have the same challenge ahead of them as a face piece, be ongoing. knowing there's already talked to group b, 6 neal thrashing of last 2 weeks ago concerning their place. but they go into it to off the back of a one year old the see to us the villa that sold them slip off the top of the family, sending high flying as your own. every raining attempt is barcelona to became top support the lady just the visitors defeated xbox, the full 2 to underline their cases. genuine ties will contend this is the 1st of a spanish, the victory over the catalyst 0. now move to points, it has a pre element within the table. all barcelona drop down to 4th useless hasan that has won the alpha downhill championship in south africa. the 2010 open
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townsend started, the de level was come, 2 men saw schwartz's before causing a 3 on the round of 69. to win by 2 shots. is that of cowboys one the 5th street game as a b, the philadelphia eagles, the 33 to 30 and victory sent them to the top of the m f. c. east. and ahead of their opponents. thanks to touch sounds from rico thousands, michael gulf and c. d 9, those are a sports headlines you can get more and all of their adult calm and on our social media channels. well that's it for main associated today for now. but i'll be back with more for you here on the i'll just hear a off counting cost to stay with the canada has to expand the tooth and a zillow's foot lines meets those advocating for the change is suicide. but it's
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facilitated to our way to decide that it's not the right choice. and critics who believe the government is prioritizing death over providing necessary social and economic support. that 1st name, work festival and getting some food to eat or getting stuck for their pain. do you want to die today? a fault lines investigation on alger 0. the other one, adrian said again, this is counting the cost on up to 0. you know, we can look at the world of business and economics. this rank, israel is one cause, as has its agricultural hotlines. nation is struggling to film the cap left by phone workers who fled, use the conflict. also this rates as geo political tensions in the middle east
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escalate goal is becoming more a more expensive, but we'll, we'll also fire up plus environmental values before paychecks. many employees on 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, reach 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 vault where they grew. many farmers fear the conflict could hook the agricultural industry for many months to come. what so they have $389.00 farmers combined conducted by the big out galley research institute for 89 percent of his ready fall, most of experience, some damage,
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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 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 and tie will as the many palestinians from the occupied westbank abound 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 way and 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
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offering the extra payments of $500.00 a month. it's also looking to recruit thousands of laborers from countries 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 fee is human rights textbooks of $1.00 foreign workers could be at risk of exploitation as well, scrambles to fill the labor gaps which one of us not from london is a winter. he's the silver spike, professor of economics. the hebrew university of jerusalem had a professor of economics at lancaster university in the u. k. professor good to have you with us before we talk about the told that this war is taking all the agricultural sector in israel. i want to know whether it is still
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a main drive of israel is economy. how important is it to the country? a accurate culture in this red is very important. uh uh, 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 the, uh, the war is making it very, very difficult for them. for 2 reasons. why is some, some, some farms have being evacuated because of the war with this for, for security reasons. as the other reason is that uh much of the workers are poor
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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. is reilly'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. it's a few weeks the next few weeks up towards in the fields to replace those porn workers. but this is not enough professor. busy so the, the, i'm sorry to interrupt you, but, but 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,
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maybe new through are more expensive because of the labor costs. israel, a, a is rarely ports from the country. was a crisis. i'm much more. eh, eh, 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 you put those work on the agriculture is, is difficult, but i think the war but when the war and uh, uh, finch, would recover quite quickly. you know, when we're talking about agriculture, there's one more thing that needs 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,
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the potential of israel healthy does. okay. uh, in most thing it's agriculture. the industry is amazing. i mean, this potential has been put aside for so many years. okay. and my whole life beautiful is when the sport ants. 2 that i believe that this was use, riley is helping people because with many of them and develop 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
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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, 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,
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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, so nice and source though it is so supportive to ease. right. so i, i doubt that this would happen youtube to professor about the people volunteering to work in the agriculture sector. but that's a short for the, for $30000.00 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 is red hat before the more. absolutely. it's more a gesture made by the citizen. it helps believe the tab somewhat, but not uh, it cannot bring back the situation to what it was before. uh and, and so, well that's why did the, the, the secretaries in a slow down. uh, but as i said,
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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, professor manufacturing data and for being with us on counting the cost. now israel sage relentless building on ground operations of all painted all manner of life and cost. a human rights watch released video of satellite imagery showing the destruction of orchards, green houses, and 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 to the cost where we detailed the crippling cost of the woofer, gaza at its residence. the now when
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geo political tension is wise, investors tend to put that money into safe havens like gold. the metal is looking hot right now as a war on cost escalates, but the cost of oil is also sensitive to events in 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 is pumped directly to teen 1000000 barrels
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a day into the market. now brent crude, the international benchmark riley off to opec plus costs were announced, but then lost more than 2 percent trading the $80.00 a barrel last week. that's well below a year high level was $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've 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 saudi arabia needs to be $86.00 a barrel. the fund ambitious oval of its economy frontier by what joint now bunch of meal on which email is chief market analyst at global trading and brokerage corporation could have you with distribution. so we've got a hole in the middle east, and yet oil prices have hardly moved what's going on. is like you got agent essentially or after the terrible events that starting on october 7th,
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we did have an initial $9.00 to $10.00 spike and we were priced 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, which is the lowest level. so essentially like that's a few different reasons for this, especially no matter how difficult and tragic these of us are taking place is not one of the area of high economic activity. so, you know, in 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 a couple, 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 a volt attributable of a supply issue and the farm that quote is very much improved, correct, because we have dropped as much as 20 us dollars since that impacts following the election on the 7th. now, opec plus has repeatedly caught production. as we said. i know the voltage rate
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reduction announced last week and yet markets of hopefully bunched on. that is either why i'd like to know because it sounds very good on the headline, but typically it's always been seen as a dysfunctional group or 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 were 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,
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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, 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 such a huge market share, is longer time 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 temperatures. and so the commodity is also the largest and fortunately quantity as well. but again, i'll give you some of the historical context here. ok, we're seeing essentially 13 different mothers feed establishment plus a 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,
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the consistency in that board, members are equal both equal distribution. and they have the interest hots, they were not mean 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 off. it was the initial concern that was the quote price trash that stops 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 does the nation, boise commodities. but as we add into 2024, we still have a number of different global economic health issues. firstly, such a central policy and inflation projections was a whole land rover and on the drugs. we have also not yet seen the true impacts of
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the shot, the ship to 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 starting to see the integrations, the global center bench is about 12 for us, but it was out which of course controls us into sure. obviously, your conceptual back in your back of it with you kind of shuffle. and so we stuck, i'm just thinking i was coming for the ready going to start pushing interest rates and just 2024. when do see more concerns provided about working on a group of just blind so kind of by just and initiate. all right, jamil 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
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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 something else going on here? we have a number of different sessions 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 reduce the reasons why gold still remains divided even though it has for them for about 2000. $100.00 recognizes in 2 days ago is to above 2000 us dollars. and we also use taken off with the central banks, the goal was the, the largest increase in gone allocations for roughly 70 years. and i do think it comes down to a global economic how it concerns uncertainty as to whether was happening 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,
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as best print or i g mail. but so that's gold. let's turn our attention now to bitcoin, which a search to its highest price into the 20 months. the world's largest crypto 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 bill is a bit coined making a come back. it is very much a visit that the case has a very christmas present as a whole lot of a sense of relative lack of what the big one was priced of one year ago was $16000.00 you were still is. so we're not approaching close to 3 times that value just one year lights up. another less we pass some psychological resistance levels, $133540000.00 study this week. actually see trade is an investor very quick. the
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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 were just a couple of try to weeks for the science and crypt occurrences, be 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 for the day 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,
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social, and governance. so s g factors are influenced thing, employment decisions for almost half off british office workers. the study says the 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 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,
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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 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 excited in space and that this is not uh, it is not just about climate, for example, for jen c, a $192.00, the sense of them facing the 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,
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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 company's work that they do. and there are other considerations, such as broad or ethical considerations. also taken, we've seen for the dates that i would just kind of 5 right quickly that update to shows the key factors guidance where employees at cheese to what today. i'm indeed in the future with 20 percent of adults ad subject to send over the 18 to 24 brackets ton and down job offices. as you mentioned, it is this phenomenon affecting companies and that it's, it's forcing them in a way to change the environmental policies about any particular sectors that that would 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
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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 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?
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yes, indeed. absolutely. so as we transition, what we see is immersion type of technologies emerging areas. so you talked about doable energy on 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 thank some days for 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 oakwood. i'm at a fit again on 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 al jazeera 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
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straight to a page that you'll find individual reports, links at a time, episodes view to catch up. that's it. so this edition of content, the cost on a tree instead of going from the team here. and so i want to, thanks for being with us. the news on al jazeera is next the, the injustice to me is the driving force of why i do this to show people what it's like to live in places where injustice isn't something you read in. the news is something that happens to every single day . whether it's a war or natural disaster, whether it's political corruption, making sure they understand. and this simple language is absolutely crucial. the cities already 50 percent evacuated, most of those people actually left in the early days of the world. i couldn't do this job without the best time remained best produced as the best fixes and those
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other people, the i rely on in order to be able to get that message out to the well the desperate need for food and water admits and cause on israel says it's like when a new security screening location for age, going into the strip on the roof, across and in the south will still be the houses here at life and death will 2nd as in fist fighting in northern garza, israel has issued.

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