by for in none of this understanding, the reality human rights groups are accusing lebanese authorities of using discriminatory practices against the syrians to force them to return to their country with the latest global news. this is probably your policy and demonstration number 16 and elanda insightful documentary. i'll just see it was teams across the world when you place to the house of the story. the hello i'm adrian said again, and this is counting the cost on al jazeera. you'll, we can look at the world of business and the to the next. this rich person's economic growth says brown to a halt. the main political policies have laid out their plans to fix that. and that election manifesto as a candidate bring about real change. a term respectful health solves the u. s. head

chinese made electric vehicles with higher levies to that spot trade war. and a little mosques, i'm hoping pay for 1000000000 that has been awarded the ma just compensation package go on to, to an executive of the us listed the company. but is he was that the, the economy is turning a corner. that's the message delivered by the british prime minister, risky. so not since cooling the general election for july 4th, boston. the latest data shows that britain is not out of the woods yet. inflation is now back at the bank of england's target, right, but it cannot make growth flatlined in april and millions of people. a still feeling the pinch of hi food, energy of housing prices, which at a party wednesday election. it's going to face the challenge of reviving growth while limiting a rise in government debt political policies buying for votes of laid out by plans to achieve fast. it sounds like what we've seen over the last week is manifestation

impact the major policies. and because a choice of the selection between a conservative manifesto to the office, a clear plan to deliver a secure future for persons taking vote, actions and negatively causing taxes of people at every stage of their life. so people in work who are self employed buying that 1st time, families and end date, everyone's these were tied as well and contrasts or no ideas from the labor party. just holler taxes 2000 pounds worth of hold on taxes for every working family. i don't want to see that happen, that's a choice. it doesn't sound like all the stakes. the high for the prime minister polls suggest the labor policy is on costs for a reco general election when the leader of the opposition party has criticized the conservatives for presiding over 14 years of economic decline. keeps thomas said the economic growth and wells creation of the top priorities of his government, if he's elected prime minister, stability over tales long term opa schultz to an end to the desperate era of

justice and gimmicks. and to return to the serious business of rebuilding, all country rebuilding must begin 1st and foremost with new choices of economic growth factors. the mom that we see from britain, this selection a mandate for economic drugs. because the way we create wealth in this country is broke, it leaves fall to many people feeling insecure. people who are working hard on doing the right thing. so we will reform it and we will keep all the rest holding it until it deliver us for that old policies are promising to revive the produce economy. let's take a closer look at how the conservative say that they will cost around $21000000000.00 in texas. they've also pledged to fix the chase housing crisis by building 1600000 new homes over the next 5 years. i'm to recruit thousands of nurses and doctors by 2029 to meet the staffing needs of the struggling national

health service or n h. s. labor proposing around $9000000000.00 in revenue, raising measures that include extending the current when full tax on oil and gas companies. they say their policies aimed at alleviating the cost of living crisis for the most vulnerable in society. and they promise to advocate around $6000000.00 per year on the day to day spending good things like school breakfast clubs, more, n h s appointments out of logic, police force. other policies wanting include the liberal democrats on the green policy. they propose raising taxes to fund the social health and environmental policies. and nigel for roger's wife wing policy reform u. k. so they will ensure net 0 migration, the implement made of tax cuts and reformed the bank of england. pulse suggests that while a victory is out of the reach, the policy will likely make games by winning of a previously held conservative seats. well,

the health of the world's 6 biggest economy is expected to be the main factor in deciding the outcome of this election. here's a look at the status of that economy right now. and it's you bills and items on store shelves will still cost more than they did before. the pandemic wage growth remain strong and the 3 months to april. but mortgages and rents brokers head anything to household income's. well people are falling into policy a more a tony's of food banks. trussel trust says that it provided 3000000 emergency food parcels to people in need last year. and that's a rec, the number for the charge of the number of patients wasting from non emergency treatment of the national health services climb to around 6300000 in march. now, when they cost that bonnet, smokers will likely consider whether that better off, since the conservatives came to pa, in 2010. that period is included the double economic shocks of a pandemic and the war in ukraine to discuss all of this. joining us not from

london, michael jacob sees a professor of political economy. i look forward to seeing you advise us for the global commission on the economy. good to have you. with this up, michael term, the british economy a full, the tax and spending promises that the, the major policies right now selling to votes as all the other pledges fully and realistically, cost as well. those are the major parties. i would claim that the plans ultimately cost it lots of the independent commentators are doubting that. and the reason for that is that the current plans on which both policies are based that they manifesto, priorities include some reading rather incredible claims about the future. where spending does not go does not rise in line with the demands. for example, the national health service, which is. ready strong, so mostly independent commentators other u. b as about the claims being made by both political parties. not because they won't do the things that they say they're going to do. but just because the

underlying situation of the partition public finances is really very poor and gross as your local report that has said, has been extremely weak. not just over the last few months, but consistently really over the last 14 years also. but particularly since the pandemic of the british economy is just built in a very good place. and obviously if the economy is not growing, then it's very difficult to fulfill your spending and your tax pledges. fiscal responsibility is baked into the dna of state. the conservatives who are in power right now. well, no, i would. the other doubt that i can get maybe back to, to the way they talk about it. but if you look at their right to a record of, it's been a big, strong, moderate fiscal, a fiscal position. we know that in the subcommittee budgeted to the very shortly prime minister of his trust and caustic tax cuts and spending meant that the pound failed to be cooled, low interest rates wrote very highly that was not a fiscal responsibility. and i think it's a very old claim to claim that the conservatives of the guardians of fiscal

responsibility, except it was one of out of my mouth. i have that before i could even ask the questionnaire to your, your anticipated what i was going to say. why it's not the policy 5, the 2 major policies talking about brake said, which it could be argued as cause more home to the british economy than either the pen demik or the war and ukraine combined. that's true. um the independent uh, estimates all the dates taken about 4 percent of the british g d p and the bottom damage will continue as long as we're out of new york in a single norfolk customs union, that's the case much the largest, biggest market needing 50 percent about trade goes is with the rest of europe, but that decision has been settled. and the reason the 2 parties are not talking about it is that they both concluded rightly in my view, that the british public made a decision in the referendum right to wrong. and do not regard it as appropriate for government to come home just a couple of days later and say we're going to go back on the decision was made by

the british public. what did he think about that decision? that was a democratic choice in the method that the government of the british public to make . so they're not talking about it, but it is the underlying problem that i'm, that has made the economy was over the last few years. it's brought should happen and will continue to do so over the next. but the adults being completely on taylor from the you help or hinder the british economy. it, is it better off on its own? ultimately, no. it simply called b and that was always known. and in the way the british public going to voted for breakfast even knowing that they were told this during the referendum campaign. i'm nothing caused by the people who are asking them to vote to leave the you. but how big is small? it is the one that's closest to out to out those that, and that's where the british companies need to trade, but imports and exports. and they find it really difficult. the bureaucracy that is required now to trade into the water or out of it is ridiculous. so many

companies have just given up this and not doing it anymore, and the extra by the extra friction, the trade has real economic costs. and so it's, it's more or less impossible to see how any situation, however, the u. k. economy develop, we could be better off out of your, which certainly most of the managers, brittany, is still a major economic part of, but for how much longer to what extent will it continue to be buffeted by a global economic without far beyond its control level countries of the body economic, whether that comes from the united states because of the cost of the dollar people from china because of it shift size now in the global economy and particularly in supply chain. and the u. k. is adjusting to the fact that relative to other countries inevitably in the rest of the world. but as long he's going to get smaller relative to the, the, the total. but we have some particular problems which i'm not experienced by other countries, you know, positioned in your we have a very, very weak gross,

a growth record. and that's because our investment is very low. neither the private businesses that operate in the u. k. no, the government invest at the same level that they do in all the comparable economies. and if your investment is low, you'll productivities low productivity is bad move since the financial crash of 2008 and he's lower than most about competitors. we have a legal market that produces lots of jobs, which is great, but it produces very insecure jobs, a 1000000 people, very nearly all now on walter, cool 0 i was confessed where they don't know how much they're going to be walking. one week to the next, which means that down very insecure, they don't spend as much. i never know productivity gains because it's so easy to employ an extra hour. ready for so we got some very fundamental economic problems which have not been dealt with by the conservative government for the last 14 years, but predict the bishop longstanding issue. and so the next government, whoever jason, it obviously looks as your report set, like it's going to be a labor government has some really deep challenges, which will take quite

a long time to, to talk a lot. i don't expect growth to suddenly get back to within a year or 2. this is a long term challenge for the next government. and it's not an easy one. professor, it's been great to talk to you many thanks. i'm very familiar with this, michael. on counting, the cost us in video is now the world's most valuable public company, topping microsoft shows that the trip make a rose 3.6 percent last week, lifting the funds. market cap, the $3.00 trillion dollars to ship make a stock has been on the roll for the last year on the huff and video of chips, unmatched and producing processes, the power artificial intelligence systems. meanwhile, mcdonalds is ending it's test of artificial intelligence checkbox that drive through restaurants to the us mcdonalds, launch the pilots, which uses voice recognition software to process orders in partnership with ibm in 2021. the fast food chain gave no reason for ending its test run,

but videos of misinterpreted orders like bacon. top ice cream have recently gone viral. it is a german coal bins who's commonly credited with inventing but gas fuel petrol. fueled automobile today. chinese electric vehicles leading the way west. the leaders say that china states subsidies are giving its comic has an unfair advantage that worried about a gloves. a badging cheaper eaves flooding global markets to try to cup the as the european union has recently its reckon terrace hikes on chinese electric current inputs, despite criticism from european comic has to move a stronger response from badging. so could it lead to a trade war? coffee, a low pass, hold i on reports. china is the world's largest manufacturer of electric vehicles or avi's, the green alternative to petro engines. it's making them faster and cheaper than anyone in europe or the united states. but western competitors say,

states subsidies have given china an unfair advantage, and the market and response president joe biden says he will quadruple import duties for protect us jobs. and the european commission has announced an additional 38 percent to a 6 this thing. 10 percent tariff on a v. china has accused europe of protectionism and has threatened to ban in ports of pork. i'm doing so far, we go to the you to listen carefully to the objective and rational voices from all walks of life, immediately correct and strong. packing assistant stop both sizing economy can trade issues properly, handle economy can trade frictions, future dialogue, and consultation. keep chinese easy brands such as car james, b, y, d costs around 20 percent less than e. you made cars. brussels as an increase in the price of chinese made ease, ease will level the playing field. but automobile industry analysts in europe argue

that higher tariffs could limit access to affordable electric vehicles. what's consuming from the consumers point of view such a measure? it's definitely not understandable. the whole of you are a piece of clamoring for cheap electric cause. well, now we have cheap electric cars, which are also very well received by come see me is a now we are certainly making these eaves more expensive again. and consumers are concerned they won't be able to afford and make the switch. the governments want people to make, so this will they make it even more difficult for people like me to buy an electric car as a global shift towards sustainability continues. it remains unclear just how the trade clash between the you and china will impact the consumer. and the environment, katia a little bit, so the un elda 0 for counting the cost, the. now, before we get stuck in with, i guess let's take a closer look at how popular chinese made a these are. you can see in orange here,

that sales have been climbing from 339000, sold in 2016 to a staggering 5900000 in 2022 last year. more than 8000000 electric vehicles. well, so in china, that's about 60 percent of the global total, according to the international energy agencies. and you'll global energy outlook sales in the rest of the world in great. they've also climbed steadily and in 2021 . they were even with china, but fell behind a year late. so. alright, let's bring it phrase a highly. here's an independent list and co author of read capitalism. the fragile financial foundation of china is extraordinary rise. hey john, just now from edinburgh. good to have you with a set phrase that is the e u shooting itself in the 4th here. oh, imposing tires on chinese made. is this going to undermine it's pledge to phase out the side of petrol and diesel caused by 20. so he 5 edits and it's c o 2 emission

targets. yeah, i know that's a very good point and it's one of the chinese trying to just as leverage against the europeans as well. but i think it was interesting on that or but you just gave the e u dot edu, and the chinese subsidies and unfair trade practices, etc. you could almost pick any industry over the past 20 years under buddies, e, v by that. but it'd be glass whether be solar panels, whatever it may be, china as being, we know that china is the right for middle manufacturing power. what tended behind this, of course, is by subsidies are given to companies and also to consumers as well. and that many of these chinese car manufacturers actually losing money. their sales are falling at home and the european americans are concerned that basic china is just dumping excess supply in the marketplace overseas, which will ultimately impact and basically pre settlement copies to the wall. it's not saving your visa, american copy sound good slow. it's not say that the chinese companies are building

banner cars into our, even just 3 or 4 years ago. but this is a sideway, the china has gained the system on the w deal at long last year. americans are pushing back by the time the month a these in europe, the met solely by european manufacturers. i mean, surely these, these vehicles made by china the needed all well, you can certainly argue there's did for load emissions floor. i'm going to use an artifact of course, not say that the production is not vitamins we are will we know that the minerals are our district very destructive? there may be 2.2 methods are clearly 0. that's not to say that this is simply just the entire change, the supply chain history been the efficient, the can be a drastic by bringing into the minute vehicles may why not share technology when so far. and these went into china, china demanded that technology was shared with the local producers by not

a lot of chinese companies to come to europe and share technology. there's also a question which is very different from apartment car, is a, by them data. a bees are basically computers on the bills. restoring that data is controlling that data will sign these companies be able to follow the cars, you know, basically a map with all kinds of driving. and then m e u, because of the electronics and these cars, we're information being shared through that being said what? so it's a very complicated uh picture. sadly that this populace b fall what i need your um off load amazing supply chain which is very important. but sadly, provide at least the default. where do you are paying also the automobile manufacturers stand on on this. how much business are they doing in china? bmw makes it so electric mini and china doesn't it? which, which sells in in europe. how much, how much business do they stand to lose to lose if china retaliates? well, this is particularly the jeremy car. manufacturers will become extremely dependent

on china. so you often manufacture statements, you would think that they've actually, chinese manufacturers, not driver. and once they seem to be defending, i mean they, these are multi national companies, they're no longer tailored even to their country large. so they are very why they the major just being pushed back. this will impact their business in china, but really bmw, mercedes are still very, you know, high quality brands in our senior stage, assembled in china and elsewhere. they are catching up with the chinese, the manufacturers. but it's frankly o d u b manufacturers being taught on the off the whole line to try over coat with the chinese manufacturers are really caught out there producing good quality cars like that simply wasn't true 5 years ago. so in the space that sounds like going to lead their under trailing, and they don't like that. but at the same time, they don't want to basically seem to be computational. what china is there any way the chinese manufacturers could get around these terrace by it, for instance, building vehicles in the you?

possibly, but i do say that's only part of the solution past. because again, who are they going to be employing? what spans or something going to use any types of labor, manufacture, etc, will it be technology transparent? but it also doesn't address at all the secure, the changing security concerns are basically chinese computers and chinese and data being sent back to chinese divers, which ultimately can be accessed by or the chinese government. it's interesting, particularly in terms of german cars who america before she left facts and one that one taught to give in israel, taught to buy higher either perhaps taking all of these standards needs to diverge, particularly the car space. because ultimately, the technology standards that define the societies we're looking at and europe in china are right, just being societies, fraser, it's been great to talk to you on counting the cost, but he thinks the day for being with us. the now does compensation on my side window, one of the world's richest men. it apparently does to billing at

a long musk test. the shareholders of approve of $45000000000.00 paid deal to the chief executive officer of the electric call company based on the current value of 10 lashes. is supporters argue that musk has achieved the targets laid out for him? the comic has market value reach more than one trillion dollars at its peak, but sales and running. so i've recently slumped. the multi 1000000000 dollar question is what the company has been a successful without him? well, the decision was seen as it was a confidence in his management of the comic musk doesn't receive a salary for leading the company. in 2018, he agreed to be paid in stock with around one percent of the test was equity each time the company achieved one of its goals. in january, the package was blocked by a judge in delaware, of the concerns with it was unfair to shareholders. legal experts say that it's not clear if the court will restore the pay package. shareholders also approve the proposal to move tennis was legal headquarters to texas. well,

executive pay in the u. s. is increasing of its fastest rates in 14 years. critics say ballooning reward packages such as 8 on must put worse than social in a corner seat. he has how his pay package compassed with plans for other c o's and workers the daily, as well as the amount of dates, $300.00 times. what the top letting boss in the us made last year a more than $3000.00 times, the average ceo's pay package of $16300000.00. the median annual pay of a test employee last year was around $46000.00. average household income in the u. s. is around $74500.00. that means it would take an average american household, maybe 751000 years on what must could get in his pay deal for more on this, not to bring it elaine buck, she's a science and technology writes a host of the pot cost for tech sake, she joins us now from dublin. i like to see you again. is he on the bus with is as

well, i mean, whatever feelings towards the mind, there are so objective at things that would pause, i would imagine on awarding such a paid package because he's not just the tesla. he spreads himself quite, said he, c or maryland. key c o of space that he is effectively meeting acts, even though he's not the ceo there. and he is embarking on this new venture with x a. i but he seems quite impassioned about it. so, and you would wonder if the at the back of innovation and test the recently at the slowness of getting products market, when they were promised. the reason something sales that you mentioned are because of that they have a leader who is ultimately distracted. but what he has effectively done is created a cold threat and so on, as you mentioned, since valuation is very much tied up in the value of the companies that he's had of when he has this funds around him and a lot of them big shareholders in tax that who voted in this pay package, he continues to be rich and powerful because people wants it to be their funds to

him and they don't want him to fail the amount of money and by the average c o in the u. s. is dwarfed by what a long musk has has been promised, but has executive pay cut out of time. do you think? and i think what's kind of a bigger problem, i think this is that it becomes a question about your most pay package, which as you mentioned, eclipse is unable their pay package of the us on already there should be a debate around that because you're talking about a disparity and pay between the wind workers and high end workers that has been increasing exponentially over a long period of time and hasn't show any show any signs of stopping. and then you have this one month who's paid pockets can be $300.00 times that. and it kind of starts to take too much of the conversation because you can't to solve the problem and solve the problem for the pay disparity everywhere else that continues to exist is, is kind of an outlier in the conversation. but the high,

a salary packages for seo is actually drive performance and you said about, you know, most exposing himself very similarly to shareholders, getting value for money as well. because the seo kind of becomes a sticker hired as a company in a, in a lot of ways. and certainly in the case of being almost you see that you see that was on the case of like someone like to cook who actually is like a space and a speaker has of apple. and so the value of the company actually comes in transit, the tides with their will to personality. so actually having a figure has to can drive a fond of who can g people, but at attract more people in to add buying stock in the company. that obviously helps the shareholding for everybody. so the call to personality has effectively be comb. hugely valuable to these companies. and again, like your feelings on demand, a size of whether you are pro or against. he has a lot of funds. he has

a cold spelt around him and they will support them. these people at the shareholder meeting were rang cyber crooked trump t shirts. they were hooting and hollering at the results of the vote. so it is something more like a rock star by that, like a c, e o. but that actually does become intrinsically linked to the value of the company . so it was good to talk to relate manufacturing dates for being with us again on counting the cost of that. so i'll show for this week if you'd like to comments on anything that you've said i'm a finnegan on x. here's the hash tag h a c t c. if you can, you could also drop us a line counting the cost of alpha 0. don't net is on the email address. as always, those print table few online out is there a dot com slash ctc. that takes you straight to a page that you'll find individual reports, links at the top at a search for you to capture. but that's it for this edition of counting the cost i made for it instead of going for the whole team here. and so thanks for being with us. the news houses here is the

ok. so we start with driving forces. those are what are the emissions going to be? and it's not that easy. if you think about it, what are we going to be doing? $3050.00 a 100 years from now. that's going to cause human bait emissions. how does the political system going to respond? how does the human psyche get a response? there you get in an area which is really impossible to predict. and the question then becomes, how do you fix up between these events? how do you recover from a hurricane before you have time to really fix the damage? the question, i guess we might, as of drake, that i'll pick up next time is why do we do nothing? thank you. the unique perspective. one picture is not going to tell the entire 8 months of the genocide. however, it is bringing attention to advise that this is not a rough, it looks like we're off. it looks like so on heard voices. we've been seeing the

exacerbation of the militarization of the police over the past 10 years. connect with our community and tap into conversations you will find elsewhere. folks in the region, government and other companies are stealing indigenous land. the stream on out to 0, a presidency manual, not call a surprised phones by cooling a snuff. imagine just weeks before the live, the games in powers of do a search of support for marine depends national run, the policy will look at the pay off. will the country know cheaper to the, to the far right of the front connection. i'm actually going to show we've got some feed about black, but i'm going to do it live on come funny enough. it was a piece left behind us to block a central workers share their experiences of racism in the u. k. i to the point where they've done well,

it shows the way black. it was on the weathering on that jersey to the on the village of starvation, the humans has $1.00 and $5.00 households. and guys are going days without food and we look at how is rosabelle and gaza is influenced invoices in the upcoming french connection. the hello, i'm a visible donovan. this is out of your life from the hop. so coming up we can expand a julian a song just really.