use this former president shape also not telling his ministers she will not be re elected unless something is done before voters make their choice of them. we know that if we react to the election, there will be big titles. in brazil, it will turn into a big, reliable, fed, a wildfire. the cabinet meeting took place in july 2020 to 3 months before brazil's presidential elections. but the video has just been released by the supreme court as evidence of the legit plot to overturn the 2022 electro results. and then no president lula the syllabus. narrow victory. everyone hey, has something to lose. we kinda let the elections take place and watch what we expect to happen happen. we have to do something before also, and that was being investigated for discrediting the electrical system without offering proof and allegedly instigating into pricing against last year. the former

president denies any wrong doing. and his son, congressman eduardo both so narrow accuses the government of political persecution when they cannot compete against a policy towards that goes to these threats life. jerry bull sonata together with a lot of the followers, not all of the streets, but obviously social media. they use the courts up to date. in brazil, we are see a huge operation of the president, f, b i. we call here the federal police. i guess the most or model and the people very close to him. well, so now to, and his family are also being investigated for allegedly, using results intelligence agency, to legally spice on the opposition and supreme court justices. political analysts say, you know, seriously with prison, we expect that soon. boston area will be in prison. the whole process is leading in that direction. what worries me is the reaction has more radical followers will

have. we still will hold municipal elections this year. and despite bill so not will be banned from running to hope that the results will show his support is still strong. monica not give, i'll just 0. we addition narrow chinese people around the world have welcome to lunar new year celebrations are being held to us or in the year of the dragon. revellers were treated to fireworks and peru facilities included traditional dances, featuring dragons, thanks for watching alta 0, coming up next. it's counting the cost by the zeros here to report on the people often ignored, but who must be hurt. how many other channels can you say will take this time and put extensive saw it into reporting from under reported areas. of course, we cover major global events that are passion lives and making sure that you're

hearing the stories from people in places like how is fine with the regions. and so many others. we go to them, we make the effort, we care strict of the hello. i my name's sight, this is counting the cost on al jazeera, your weekly look at the well, the business and economics this week, the american economy is on a wrong. why has it pulls so far ahead of the rest of the world on? is it a waiting for president biden? also this week eve bomb is a furious governance across the block, have race to address the grievances and the european commission has given grounds.

but is it enough on bod, from exposing big money, and it's like cold mid career looks to false eyelashes, to show up it's economy. the 2 political tensions. the pandemic lingering off the shocks. high inflation and steep borrowing cost countries across the globe have faced multiple crises for months now . and just last year, the was biggest economy, the us among others, was at risk of recession. today, though, is g d p is growing faster than expected. stokes, all storing on the job market is called the american economy is not just strong, it's also piled ahead of the european union, the u. k. japan and all the advanced economies. why is the us so resilience fenton model? how has, we'll many had predicted the recession,

but the latest jobs data suggests the us economy may have whether the store us present. joe biden is hailing the turnaround as a sign. his policies are working ration works. we're starting to see real evidence that america centers are facing real confidence in our economy. we're building the u. s. economy at a 353000 jobs in january, nearly double what some analysts expected. the math is predicting that the us economy will go to point one percent this year. that's far more than comparable, developed economies in europe or japan and another positive sign. the federal reserve says interest rates may come down within the next 12 months as a signal that inflation is coming under control subdued. we believe that our policy rate is likely at its peak for this tightening cycle, and that if the economy involves broadly as expected, it will likely be appropriate to begin dialing back policy restraint. at some point this year. the calls that the american success story is less clear,

some point to its young population making for a more flexible, unproductive workforce. the single biggest reason why the economy is growing, because you are the best workers in the world, and that's not high, preferably. now you're really or you're married, who does well, everybody does better, but there are other factors toward ukraine disrupted supply chains that goes major economic shocks. but this in europe and other regions, much harder than the us of the american economy, is also been propped up by high government spending. stimulus packages, put money into the economy during the cobit $19.00 pandemic. and that's continue through biden's infrastructure initiatives. some economists warrant these policies are piling up, dest, both of the government and consumers. i think we need to remember that there still is a decent amount of the actual fiscal stimulus happening out of out of d. c, y. there is a monetary policy that's just contracting

a credit of that fiscal policy still. ready is helping prob, up to, you know, the us consumer. and then unfortunately, a big part of is also consumer debt. if you will, your credit card uses it is, is well up on a year of your average. the challenge, though, facing us policy makers, is making the current economy sustainable and staying on course to avoid the recession since monahan. how does era for counting the cost? okay, joining us from st gallon in switzerland is saw him in evidence. he's an economics professor at the university of st. galyn. thank you for joining the program. so i'm in warranty using the us economy is powering ahead of the rest of the world. war 2 things will pull them into place. the 1st was the relief in global supply chain pressures. in the united states, i was, i think, a fact to which has enabled supply to expand that supply doesn't expand and this there is additional demand. as you have just heard, there was lingering fiscal stimulus. that's one factor 2023. so american consumers

spend off the trillion dollars more than they did the previous year. so that's a big boost. on top of that, you had a $100000000.00, sorry, $100000000.00 of extra manufacturing investment and then a $100000000.00 invest improvement in the net export balance. so you add those things together, you get a very help the economy and that's exactly what the americans are beating drawing. what about when you compare the industrial composition of the 2 countries? but us, for example, is a very focused on technology. it's seemed to be a head when it comes to the race on artificial intelligence, to what extent is not helping us. so the amazing developments in i t up being very tired, especially all special intelligence, will be particularly important. i think for pushing up the stock market valuation, so all of a relatively small number. ready firms, i don't think got that as get translated into a major pool face mac regional make improvement, which be,

which would arise from productivity gains. so i think that a lot of the headline stop receiving the financial markets associated with a all right is laying the groundwork for future productivity increases. now those productivity increases don't necessarily have to be confined to the united states. europeans, japanese try these, people can use i tools as well. the key question will be how quickly those tools, those tools diffuse into productivity gains, which countries steel the much on that particular improvement. when, when you look at all the headline numbers that we're discussing here, consumer spending is up the job numbers up the employment market is called yet the, the, when, when it comes down to how people actually feeling in the united states, they all still very conservative about the future that's right and that's something of a paradox is the over numbers that you've described are indeed moving. ready right direction except the classic consumer sense, but measured from the university of michigan, which is about 20 points below where it should be at

a similar point in the cycle. and that is, of course, the thing that's going away on the election outcome very is if you dig into that consumer sentiment index a big divergence between democratic voters to see things going pretty well. and a republican voters, what i need just now improving that can seem essential that numbers, but nowhere near to the left. ready democrats, and so you have this up, the section of reality mixed, mixed match. the interesting question will be whether that translates into a very different birching happens. and if it does, then of course it's gonna weigh on the trumps as a president bivens re election to why all consumers spending so much if they don't actually feel rich to it's just a, it's a great question about, i think part of the answer to that question is yes, nominal wages and started to catch up with. ready inflation, which they was experiencing prize. secondly, americans do have a do have quite a lot of money still from the stimulus. checks that they received from the federal

government, which they have re running down. now, the money is almost gone up buddy 2023. a lot of that money was being spent, and as one of your comments, i just said earlier, people all borrowing more on their credit cards as well. so put that all together and you do get quite a half consumption expenditure increase, which is what we saw last year. what do you say policy wise going forward given, given we're seeing a, the sort of boost of numbers in, in the job market where we see a rate called a went rate. i think if we said it'll be towards the end of quarter 2, but not before. and then once we get it into the re election here of the phase will be very reluctant to be seen to be customer interest rates or raising them for that matter. because it will be seen to be picking sides. so i suspect if anything happens it. ready actually happened before the end of the 2nd quarter, and even that will be fairly, a tepid. i think the main reason for this is that the fed has a very low cost in waiting. there's lots about the section 2 in the water economy.

when you look at the different flash points, but you're out there groceries, as you said, their own, they're still kind, quite strong. so there is a concern with inflation. why not the time you write this quickly. so all of his points to a cautious fred, not want to interrupt about drink 2024. if we all comparing your to the us, what has been the biggest difference? do you think it is it inflation and how it's been tackled? why have the europeans locked behind? so europe is locked behind for at least 2 reasons. one, they haven't has the same consumption boost of it to be certainly united states. and that's largely because europeans save a lot more. in fact, multiples of. ready as send pictures of income and then americans and so they have europeans and not run down this savings. and on top of this we've had a huge energy price shop which is really not a lot of you. ready manufacturing sideways. if you look at the numbers for german

industrial production, which were pretty sick before the invasion of ukraine, they've now really called into the negative territory and germany assessable hockey tube. here's the hop cost with the european manufacturing in front of me. so the combination of cautious consumers and manufacturing written up sideways by higher energy prices goes a long way to explain why europe is some language and so on and where to get good to get your thoughts. so i'm an evidence economics professor at the university of st. galyn, thank you. thank you. the bomb is across europe say they can no longer make and living. they blame rising costs cheap and ports green policies and heavy regulation. they've left the fables and taking the grievances to the streets on the intense pressure the european commission has buckled on ease some of those environmental plans. national governments have also made concessions,

but many farmers say more needs to be done. culture lopez who to young has more all across europe, farmers have stage widespread protests, blocking roads with tractors and disrupting traffic near government buildings from france to germany, belgium in italy, they c e u regulations are making it impossible to get by with demonstrating against europe against the common echo cultural policy, the bureaucracy and the countries are the placing products inside the country without health controls. we just can't compete with the agricultural workers are angry about low wages, heavy regulations, and the influx of cheap imports. lower prices on foreign good. stacy is pushing them out of business would be avoided reprocessed even because we have very high agriculture. started in those funds to a long list of requirements. a, we demand the imported goods also know, you know,

the same standards and ports from ukraine is another issue. following bushes invasions that you issued a, tara free entry of the cranium, form products as a way to support keith farmers. a cheaper in ports are driving prices and their income down. agriculture accounted for nearly 1.5 percent of the use g. d p. in 2022, analysts say the figure may seem small, but it reflects the livelihood of millions of farmers throughout the continent. now the e. u is scrambling to address concerns ahead of the european parliament elections this year. the commission proposed sure, which is the worst, the aim to reduce the risk of chemical plant production products. but the sooner the proposal has become a symbol of polarization. it has been rejected by the european parliament. so we

have to do something. and that is why i will propose to the college to withdraw this proposal under pressure. some countries like greece and friends have announced concessions like protections against unfair competition and a freeze on diesel tax. some say it's not enough that you're all there is one year, right? and in europe, we should all have the same restrictions, the same norms and no on fact competition. farmers are calling for more concessions to manage the high costs of living. failure to do so, they say could lead to a loss of jobs and of billions of dollars in the agriculture industry. how to see a little bit of the un, which is 0 for counting the cost. joining us now from what getting done in the netherlands is to run in candle. he's associated profess of food on agricultural policy at bargaining then university. thank you so much for your time,

sir. so all farmers writes about all that grievances is the european funding industry in crisis. well, i think they're right in the sense that there's a lot of uncertainty. so we see that it's palm is that the bush to compete of the world markets that to produce against the lowest cost price. but at the same time, we also know that you have to go to a sector and the food system in a broader sense are responsible for about a 3rd of your being very nice gas emissions. and that's uh, it's farming is the biggest driver by diversity law. so they also phase another well and the grease of environmental regulation. and so many problem is that just makes that there's a lot of uncertainty about the future of the business. and finally makes up such a tiny part of the g european, g, d, p 1.4 percent. so i believe so are you surprised that we've seen such concessions from governments? but even though finding itself is, are of makes up the,

the small percentage of the economy you can say to broader i, me, food sector. so the whole industry around this much larger and traditionally the coastal sector as always, how much political influence vote and brussels and international capitals. and we see that the influences now to be used to try to water down some of the, the environmental uh, legislative proposals that have been made by brussels. right? as you say, we've just seen the plans being scrapped to be on t pesticide proposal. what does that tell us about the, the blog foundations when it comes to green policies. but the person, the worried by how quickly the commission is withdrawing some of these, a legislative 1st proposal that they've been negotiating about 4 years now. and european union has committed to international improvements on biodiversity, on climate change, and it's not tracked to meet those commitments and the fact that there's no skill back, some of its legislative proposals on pesticide use on climate change appointment

policy. and we see that you had to go to the sector as lot to be next. and that's from, for example, do use private policies. i think that's pretty wordy. animals are no longer to make that problem as will well uh, continue to face as uncertainty. inflation across europe has been a big issue and governments have been trying to bring down the price of food. but that's coming out. the cost of farm is how, how difficult is it a policy makers to, to get that balance right between a, you know, making everyone happy essentially. right. is a challenge definitely. um, but we seem to pull the patients now seems to suggest that inflation is a, is a result of sustainability measures. and i think as legal evidence for the claim. so we see that inflation at this moment is already being driven by the, by the effect of climate change. but also because the food industry has as increase

its prices of beyond installation over the last few years. and so we see that farmers in general have relatively little bargaining power in relation to the for the industry and every day. that's and i think that is one of the main reasons why why his face is these are these insecurities. the other issue, of course, is trade deals that you're is making with all the partners around the world who are not necessarily a facing the same sort of environmental costs as the ones in europe. again, another tricky balancing act and you called me really blame farm is for being upset about that. yeah, you know, many public groups complaining that, well, the us is raising standards for its own farm. is that at the same time it's negotiating trade agreements, for example, with macro sure, a group of latin american countries that do not necessarily comply with the same environmental standards. and that's also why the french president,

my goal. it was face a menu of these problem abroad. this is now putting a break on democracy, your trade negotiations. so you see that uh, yeah, there is a bad at the bottom control, was these bills over into trade policies? are you touched on this already? i mean, agriculture accounting for i been a fast 8 percent of global greenhouse gas emissions. i mean, that's pretty huge. it is, you know, it's pretty necessary, but farming practices all going to have to change if we are to meet those targets. so how do we go forward from this point? and i fully agree with the international federal employment changes. it's quite clear that we really need to radically change of our production, but also consumption practices if we're going to meet these, these, these climate targets. so i think what is needed is, is really that the governments provide legal so to do the farmers that they come up with be long term goals of the greenhouse gas emissions of the technical the 2nd

need to comply with and the then the then uses public money because a 3rd, a bi, you're being budget spend on culture or the logic goes to the status quo. oh, so many sizes propose that you use that money to help us make that transition rather than just subsidizing them for or having lance as is certainly being done. so you could health problems to transition to businesses and to provide public goods to society. okay, really good to get your perspective jerome candle associated professor of food on agricultural policy at within the university. thank you to now, north korea is known for the manufacturing of ms. solves the specter is one of the nation's largest employers and contribute significantly to its economy, appear on young is turning to a less destructive product to raise hod cards. the i'm scope sanctions imposed on

its nuclear program. millions of dollars in sales of false eyelashes have helped revive the nations exports and last year they all marketed around the world as made in china. chinese funds actually import the semi finished products from north korea . and once complete, they are exported to the west, japan and south korea. beauty products like false eyelashes on subjected to international sanctions, but they may violate bonds imposed by the united states. according to chinese customs, dates of north korea expose it around 1680 tons of false eyelashes bids and wings to china in 2023. now those exports were wes around a $167000000.00. wiggs, eyelashes make up almost 60 percent of all, declared north korean exports to china. joining us now from she's woke up in japan as a general type of sheet. he's professor of school of management at the university of

she's woke up many thanks for joining a program. so north korea cool is having nice people is known for its nuclear weapons, but it turns out it's biggest exports a lot more innocuous and the fullness eyelashes. and whigs, i mean it's an extraordinary amount of explosives that they are sending to china. absolutely. um, because of the strong sanction they're utilizing this methodology as a loophole. and as you just mentioned, it is a large sum. and the fact that they're utilizing china means that they are trying to get away with various issues, including, you know, the corporate csr, corporate social responsibility. many of the western nations, things in japan shouldn't be able to use these products because they violate, you know, human rights. obviously these north korean workers are under forced labor. some suggest that, you know, 90 percent of the income is taken to king john you. so basically,

uh they are utilizing this and utilizing your ties with the china to basically ward off the sanctions that are being imposed on them. a seizure just to be clear, a lot of the jump in demand that we've seen that's come only since the pandemic wise that as well. there has been a hold of trade between china and north korea because of the pen demik is you just pointed out, but that's been lifted. and then there's been a boost of increase that is taking place. and obviously this allows us, made in north korea is a lot cheaper and also a very high quality, even from the chinese point of view who are used to low pricing. so obviously there is a very strong demand by the chinese in these products. the 2 types of sanctions at stake here on the sanctions from the united nations and then they're separate sanctions that are coming from the us against north korea and products which is become an issue. well, actually, both, it should be, you know, the former, the,

the latter we're seeing, you know, the world again many between the united states in china and obviously china is utilizing north korean. is there a recognizance dog? but you know, the bigger picture is, of course, the universal sanction that you come through, especially, you know, on issues like human rights and many of the other issues that know 3 is a violating. but at this point, you know, because it is such a close border country that it has virtually all the ties of trade with china. it's very difficult to pass a sanction to north korea. so how lucrative is this trade to north korea? i mean, a $167000000.00 worth of exports doesn't. uh, it sounds like a lot, but it's not actually that much. is it? well, from our perspective, from the free world perspective, it is very small, but from north korean point of view, as you pointed out, it consists over 60 percent of their total export. that is, of course, the official, you know, disclose number and we all know that, you know,

they do have a lot of arms and that is basically legally, you know, exported to many other countries. so i think we should see this number with more more than just a grain of salt. right. and you, you mentioned force labor. i mean, what do we know if at any benefits on the korean, no korean people to toil from this income some estimate that they probably get something like 10 percent, but obviously is better than nothing. it is a country that has basically been starving so. and at the same time, there is no option for, you know, the north green workers to go otherwise. so, you know, i think they just don't have any other way. that is why it is labeled as a forced labor. i think. okay, so you are really good to talk to your so jared, talk a, she's a professor of the school of management at the university of she's the one that is off. so this week get in touch with us on the x,

only known as which an app mullins, by the use, a hash tag, a j c t c. when you do or you can drop, send email counting the cost. announce, is there a don't net is addressed? as we'll see you on line, i'll just say are adult calm slash ctc, which will take you straight to a page which has individual reports, links on in time episode for you to catch up. that is it. so this edition of counting the cost, i'm on the inside from the whole team. thanks for joining us. for news on al jazeera coming up next in the official reports of the deadly raid police indicated that they believed the protesters in the forest were dangerous. and often referred to them as domestic terrorist. that's why torture quito was murdered because i believe that the police saw that they were being faced with dangerous criminals. and i think that they were

hyped up to be ready to go. sarah was charged that day with domestic terrorism under georgia state law a conviction because mean decades in prison. i wouldn't burn my life just because i was sleeping in the woods in a human. and like i have faith that that won't happen. but the hey could and it's very scary once hailed the salvation as technology instead, instead of in fear, do you miss the rise of anxiety? overwhelmed? lots of agency apocalypse may be on the levels how online hopes and fears shape our existence, the utility of the information that you're receiving becomes smaller and smaller. oh my god, you mean my faith is dependent on the health of the planet? yes. okay, do more on that,

does the the hello know about this, and this is the news on life from doha. i'm coming up in the next 16 minutes, a new site for more than a 1000000 palestinians. israel's prime minister orders administrator evacuation plan for rough off in southern johnson. the body of a 6 year old has been finds nearly 12 days after her family was killed by his very forces in gaza while they waited in the ca for help impact his style name and on con things. that action said to me.