the imagined people drowning in front of you and not being allowed to save them. at the crossroads of humanity and international law. former tier desperately trying to help refugees and is charged with human trafficking. i must fight to tiers. lucky walters. with this documentary on the the other major instead of going on, this is counting the cost on al jazeera. you'll, we can look at the world of business of the comics this week. people are increasingly moving across the board has to live in flux, fall right groups and the west of blaming the economic grievances on migrants of

what impacts they actually have on economies known as bank. go to the pool bank with us, just interim leader from the eunice. this task with fixing a trouble economy chime the nobel laureate, study of the ship island pick cold metal. so now was more of an adult before, but how's the power slip? he had been a source of much needed revenue for fonts, for a flag on it to accommodate the phone. donald trump's empty integration, the rest of it to the wave of violence that swept across england and build an island. the debates around the impact of immigration on local economies is heating up far right. politicians on the west blame economic grievances on the unprecedented influx of migrants. the mobilizing that supports us to push anti immigration policies in gain power fast all immigrants to blame for the lack of jobs, stagnant wages in equality, and declining public services. or is it more about failing government policies?

we'll discuss that with a guest shortly. but 1st coffee a lopez hold a young reports as far as like toto cindy. u. k. have made into national headlines recently week. and i think the debate over immigration, british prime minister k use tom or describes the power test as far. right? so i agree. what ever the a power motivation? this is not a protest. it is pure bonds. we will not tolerate the tax on marks or are misleading communities in britain as well as throughout europe, stagnant wages, financial and equality. in general, economic hardship had been linked to the rise of anti immigrant attitudes. this rhetoric, the analysts say, has been exploited by the floor right in recent days with protesters, long leap, blaming migrants for their problems not to do with race or religion. these route, yes. i think it's just gotten to a point where the british probably a sick today,

the government, prioritizing all the new immigrants coming in the country over their own receipts and across europe and the united states. politicians have for here so exploded the topic of immigration to energize their pace. when mexico sends its people, they're not sending their best. they're bringing drugs, they're bringing crime. their rape is that was back in 2015. now almost a decade later, former us president donald trump is again campaigning on immigration, promising math deportations. we will see on the board, we will stop comalla iris invasion without delay. it'll happen immediately. the research shows many countries need migrants to sustain their economies in the us, they're credited with helping the quicker comic recovery after the cope with 19 pandemic. political messaging, however often focuses elsewhere. both parties are basically trying to kind of its

people that you can trust. you can trust them with your future or you can trust them with your family's future and trusted with the future of the country. but you definitely cannot trust the other candidate. it is true that migration is soaring and some of us cities and local governments are struggling to cope. immigration courts are overwhelmed and border agents out numbered. and you know, present to be standing up for the normal men and women who study for america 1st. trying to get back to, you know, our american values. analysts say integration has turned into convenience and misguided target with frustrations amplified and communities struggling with low wages and a high cost of living types that happen in, you know, rates and racism is happening. you guys start to see really while managing integration is a legitimate issue, analysts say the clear economic benefits are often ignored. get is,

be use repeatedly as a tool many say across the political spectrum to steer frustrations to influence votes. and to distract from the government's economic mismanagement. katia lopez, so the un which is 0 for counting the cost or, well the, you an estimate. so they were more than 281000000 migrants worldwide in 2020, to 169000000 of whom are workers wealthy countries, particularly seeing a record search in numbers 3300000 people moved to the us last year, canada took in 1900000 immigrants or brick and welcome to 1200000 people. the ac day says that high flows of immigrants into wealthy countries of health strength from jump markets and boost growth. americas immigration surge could grow its economy by 2 percent over the next decade. that's open 7 trillion dollars. economists say the germany needs more than one of the half 1000000 farm workers each year to maintain its labor force. that's because too many people are retiring

. and to few, on entering the jump market, while japan needs more than a 1000000 foreign workers by 2040. if the government that wants to keep its economic growth target, migrants globally cent molden $831000000000.00 back to the families in 2022 in the mexico. china and the philippines are the main beneficiaries from those remittances . joining us now from london, ben brindle, a researcher, the migration observatory at the university of oxford been put to have you with us is the fact of the matter. but as we were hearing that developed nations need emigrants due to the fact that own workforce is admittedly, thank you very much. depends. so when it comes to skills gaps, there is evidence to suggest that martin's cantonsville on this thing are those skills which are needed. but at the same point, it's important to remember the wrong fix number of jobs in the economy side of the

site. for example, migration was changed to, to make it easy for the engineers to go to a particular country invoice, to respond to that by demanding more engineers. so the supplies increased, but sites who is the demand and not not sure who will still be bad. and also when, when it comes to aging populations and it's not some pre, it's just about having more people in a particular countries, but really get the cost of it. the problem with aging populations is a financial problem. and so when it comes to migration in reading, it gets to being part of the, the onset to an aging population, it's about having migrants have made a net positive contribution. so what impact to immigrants have on economy is what, why we, we were here just a few moments ago that but that, that it's, it's overall positive, isn't it? it's a positive impact, but they have all these economies. it very much depends on when we're talking about in the wells and my folks is sort of on the, on the u. k. in some way. we think about western countries. generally,

the impacts are quite small and you know, the business of single correct estimate and actually think is really important. it's, it's actually the, the question of you know, who are the markets that are going to particular countries. so i won't have mine. i can see in employment, particularly those are in high paying jobs, tend to have a positive impact on the company that they're in, by contrast, michael to not to employment. and we'll say those who have children because children tend not to what, but do and kinda education spending. those groups will have a unless supposed to impact. so the composition is ready teach last 3, not question, but all people, right? to blame the economic grievances of on the influx of migrants or is it more to do with, with silent government policy? this very pulse depends on what way you know, talking about as to what such evidence for what actually shows. and it's a sense that the wage unemployment, such as being done, suggest as any,

a small impact on the other hand, with things like housing. and there are indications, but my friends put additional pressure on rental price is a lease that some somebody we suspect in the case, but it costs at the same point. it's important to remember that immigration policy and migration doesn't just happen in a vacuum. it's also about what's happening in, in different policy areas as well. sites with housing might increase migration but increase pressure of mental prices. but that's in a context where housing stuff isn't really growing as a very much depends. it's not just the migration, but also what's happening elsewhere to bend before we had a couple of questions about, about the us. what are we to make of, of, of how much the us needs integrates. i suppose it's all about the right kind of immigrant, isn't it? how qualified they are to contribute to the american economy? yes, i should say, i'm not an expert in us policy. but again,

i think the frame does come down to the composition as decisive. what migrants and study migrants, those, that i tend to have create more benefits, no policies that restricts which you supplies. and those types of people will have a more negative impact then policies which restricts for which the space of say, family life. and so refugees yet, once again, it's about the composition of the food. rather than just migration, i roll out of cost of a we, we, we have to, to make a distinction between those who are economic endurance of those who are refugees. countries like britain have a legal obligation to take in people who are fleeting for the alliance. yes. um the uh, 1950 bottom uh, convention countries. i have an obligation to say that to ground floor to at least look at the claims that people who uh,

take the board as um you know, the same point. yeah. there's been lots of controversy in the, in the cable. they just have to look at these plans. the other areas, i guess is that there's a bit more leeway in terms of policies, some states and quite generally, obviously things that box up between different countries and really good structure on counts. and the cost manufacturing date for being with us. thank you. now, nobel laureate, widely respected economist and micro finance pioneer and how to do this has been credited with lifting millions of people in bangladesh also of poverty. you'll now have to prove that he's the right fan to bring economic and political stability explanation. eunice was the choice a student protest us who asked at the full, the private, especially casino, among the challenges facing him as the head of the interim government, a joblessness of the high cost of living. many experts say that his experience of international reputation could help him with the job ahead. i'll just say it was

for on a couple drugs that reports it's a new stage for bangladesh, with a new outlook and a new interim government. now much of the focus is on how the chief advisor mohammed eunice will manage the challenges we have to protect this freedom, not just protected. we have to ensure that it reaches every single household. otherwise the freedom will have no meaning. the student protests forced bangladesh prime minister shake. i've seen that to quit and leave the country with khaki fuels like top you can on the conditions. it was once the worlds fastest growing economy demonstrations grew and so did grievances. another name, jonathan, 1231 bungler. there's to be a country where there is peace and do for me. states institution, separate important. at one point bundle. dish was hailed as an economic miracle, celebrated for lifting millions of people out of poverty,

mostly through work in the government industry. but overtime, as soon as economic model would be criticized targeted for promoting low wages that made it increasingly difficult for workers to make ends meet. the monthly salary for a government worker in 2023, averaged, about a $115.00. that's off, the government increased the minimum wage by 56 percent. the recent on breast has closed new economic turmoil. doing the post test, a factory coast and lots and lots of money to go out of work sitting at home. he was scared. we are poor and dependent on daily wages and over time. if we sit back home, how can we provide for our families? the head of the cat take a government is a nobel laureate, economist, i'm back. eunice was awarded the nobel peace prize in 2006, but his efforts to bring millions of people out of poverty through microphones. now,

many a wondering if he can, i'm due yes, of autocratic rule and address the countries in the quantities. protest as say the previous system benefits and support as of as seen as a one me league who are among the elite side exceptions. we want a conflict free bangladesh. we know, allow me, league know, bang, the dish naturalist policy, and no other political parties can abuse power. i want to forget the past and move on. the dash is facing on childhood political territory. it may be in, it's so cold 2nd independence. but it's still facing political instability on tough economic conditions. veronica pedroza out to sara for counting the cost a. well, here's a look at the state of bangladesh is $450000000000.00 economy, the south facing nation of gdp group, my oldest 6 percent last year. the textile industry is one of the biggest drivers of that growth of the country. more than $46000000000.00 a year,

but they're on and off well paid jobs for its young people. unemployment among people between 15 and 24. was that almost 16 percent in 2023. when inflation was running a penny 10 percent rising food and commodity prices in particular, are a major concern for many people in bangladesh which has high poverty and income inequality rates. joining us not from duck in bangladesh. so he brought home who is a professor of economics at the university of com. good to have you with a set professor. 6 percent growth is, is not a bad figure, a tool, okay? you booked 10 percent inflation, but that's indicative i suppose of a growing economy. if you professor, what advising mohammed eunice, where would you be sending him to stops? uh, were you having a difficult situation by mothers and you are right that there was such a sofa. you know, such a story is of the economy part from us. but then what really happened? because we had to be, you know, almost

a gigs off of how you put on the cult reduction boulevard to you. but then, you know, everything went at all. i think the statisticians drinking drinking with the go the that was a shock and then there are several other shots actually been bought and then several other things i can if i really want to advise the engine government, i would really know austin deluca, somebody immediately shoes uh at this moment uh we are facing uh long order situation. uh, this is price is there used to be restored on this and gone order. sushi is restored. that normally finally got to the basement but resume. so this is a big challenge. now. i also, i do the economy such as like we had in the past, it was really covering the solve the restructure weakness and the phone especially, you know, that we of, we are facing nor have a new generation bottle. this is about the countries we having list deputy but

issue that we're having a serious problems in the banking center, especially a freshman financial sector. the. busy of corruption, easter so weakness and public expenditure and never be getting frustrating budgets . those worked on as make approaches. and there are huge integration, soft, produce thinking activities, century. now those make a project. so the garbage subsystem model, actually the box was popular substrate, and you talked about the really good carbs and exercises. but at the same time, uh, you know, the big split buster will start that was defined as the huge the cost of triggered the cops. so this country no need to, especially the agent government need to i to resolve the damage. if dr. stephan entrance is targeting for functioning inflation. but at the same time, they need to lay the foundation for the structural reforms, even the taxes. and so during the banking sector, way towards the own conduct was fedex for busted reduced corruption and promote

more abuse additional impressions thinking public expenditure. okay, he's a huge task list, but i think this is something the company uses the, the process which brought time to shake. have seen a government where, where driven launch the biased you. how does mohammed uses a tackle youth unemployment? how does he get young people? mama, eunice, how does he get young people back to work in order to get these kids into use back to the shop, especially not to start on the job, but the decent job. the drivers typically this, the need to be picked up and nothing with the dollars to get investment, but also the point investment and the country as they've been substituting. attracting darcy, brunswick, investment, a sort of primary task, beef all to get the investors confidence back up to reduce the boston big business best subject investment and all the other values, both policy level. let me say that here's

a structure link. this is so that the private investment is promoted and it'll give you and the other you told me to actually get like kind of jumped into it before. if mohammed eunice tacos, all of the issues that, that, that you talk about on it. and it's a big job to do all of that. what are the prospect's for bangladesh? is economy? i see the country has events. for instance, the see the country of this flight maybe maybe the agents by others is the kind of 2nd largest exposure in the option, even to gardeners. and that shows that the country has used furniture that countries a lot of the substance stories because definitely was used by for getting bought and also the country as a huge. you mentioned that the other countries enjoyed this one and for the demographic deleted, phase of getting ready to give you that. so i think what the countries you can use the right front of quantities, quantities of development, right front of the economy, policies in place,

and body boston p. how this policy is deeply mentored. because there's a see just gas in terms though when it comes to having the policy started making things are going to be invalid is really good structure, professor manufacturers and for being with us on counting the cost. thank you. bye . it's to will talk next about the economic impact of the live picks, but 1st a brief round up of what else is making news. this week, us credit racing agency fit shows downgraded israel, a notch, citing the wall on concept. the agency low as well as raging from a plus to a and kept a negative outlook on the countries credit it's decision highlights the financial total of a conflict and indicates on of a downgrade may happen in the future. but is rails finance minister as a level smotts rich says that the country's economy remains strong, are gone. a africa's leading gold producer has opened its 1st commercial gold refinery. it's being held as the stones of a new era that will allow god to increase its national earnings. the factory opened

in the capital across. earlier this month. it combines public and private partnerships between an indian company and gone to central bank, which holds a 20 percent stake in the business. the month of august has a reputation for being one of the most dangerous months in the financial calendar. that's not based on anything scientific, but it's enough to keep people on edge. like most people talk, financial plans usually take best summer breaks in august, leaving the deputies in charge. historically crises of, of the gun in late summer, which is one of the recent market crash earlier this month. set alarm bells ringing in the u. k. the pound has suffered for the evaluations in the past 100 years. and 3 of them have taken place since that time, but in every case, the writing was on the wall in august in the us as a some prime mortgage and banking crisis that kicked off in august 2007. given the uncertainty bank stopped blending to each other, and credit flows dried up well beyond the u. s. leading to wants to become known as

the financial crisis. i mean, it's very much should happen in august. the stock market trading volumes tend to be life. but if the month stops. com, it tends to stay that way, but bad things that repeatedly happened in august of when they do, they can have profound consequences. now the things to watch and posting deal epics is usually an extraordinary feat. but despite all the excitement surrounding the games that come with a high cost so much so that the international olympic committee is fine to get hotter to lock in locations for future olympiads. this is a lympics and power olympics are estimated to have cost fronts, really $10000000000.00 that's less expensive than previous competitions in london, rio and tokyo. but the spike that many people are wondering where the hosting them is worth $1000000000.00 price tax. well, the bank of fonts explanations economy may have received a boost from the parents to live picks in the 3rd quarter of the year. the economic benefits were launched, a driven by ticket sales and tv rights,

while tourism related sales. so a 25 percent increase here on the meanwhile, gold medals of this. he has games. it was nearly $900.00 each. the metal is contained 6 grams of gold, the price of which increased to a records in mid july. joining us now from london is for the bulk of sports analyst and olympic historians. good to have you with us for that. what do you make up of the parents olympics? the bank of front says that the economy has received something of a boost. do you agree with that to? well, the think it seemed to suggest that you, they certainly put out the prices of the hotels and most people were guy in the paris was seething with people visiting the shops, the all cage, the restaurants, and so full. and even the, the price is on the, on the ground and the taxi pads were bump top club. so there was a little bit of increase certainly that. but you know,

the cost of the olympics is always being a problem ever since they revised them to them up nearby. in 1996 and the greeks actually had real financial problems then. and they had to get the but never been able to local businessman to underwrite the entire cost of renovating that stadium . so it's is nothing new phenomena, but then suddenly they have all the benefits for virus. and one of which is the actual perception of the city. a lot of people came away with a completely changed perception about of thursday as well, because they well being welcoming the police were welcoming everybody around, gave a good image. and that's the sort of intangible legacy that to over the years some powers may well um find has an ongoing benefits, as most people want to visit the city. the parents games costs less than the they pads in, in london and in rio have out of france, pull that off to thanks as well, but not building nearly as much. um, they did then build

a new aquatic center and spend a lot a little bit of the cost when so on, the olympic village, which they say is getting to be used for housing. i offer parks and selling and so forth. they actually converted an old factory into the main dining room at the village security event, the way it was heightens. so that adds to the costs. then you have well, 45000000. as of june of $45000.00 security stops, and that's not to bump up the the figure out, but so the place seemed to be everywhere in the city. it did feel safe, but of course all this comes at a cost and someone ultimately has to pay that costs. as you say, paris going to pay all boost that will continue to bring in tourist and revenue further down the line. but can you understand the reticence, perhaps, of other countries wanting talk to the other city is wanting to host the games given the cost of that they might not be as desirable to visit those places such as

london, paris, sidney, tokyo. you can certainly understand the reticence, and this is why the international olympic committee, who of the supreme authority of the games they introduced about 10 years ago. i wrote in that cold agenda 2020, which state claim revolutionized candidate procedure for the olympics. and that was the games would be fully aligned with the priority of future host, with a new flexible approach. and they tried this bass fruits and these while appreciation and shaping bidding process in a way that benefits the whole city. now whether that leads to more transparent bidding process, and then i used to be same. it seems to be that the ios, the targeting the cities they want and the cities that failed it. they can get something from staging the guides, but it's very much now on the porch. and there is a danger that you're gonna be going to have

a select group of cities able to stage the gains in the future because of the costs, no matter what they say about with use existing facilities and the level of facilities that are expected. is it still i was really high in terms of the costs and even the of being 70, you're talking in millions of millions to actually stage the opening so many now which i'm so there are lots of zeros being added to the cost at any given games no matter what they do, so fewer and fewer countries, i think all games we have to say, yes, we can become an olympic coast. good to talk to you for that. thanks for being with us on counting the cost. thank you. that's our show for this week. if you'd like to comment on anything that you've seen, i'm at a citizen on x, please use the hash tag h i c t c o. you could drop us a line, comes in the cost of founder 0. don't net as an email address, as always, there's plenty more few online at alpha 0 dot com slash ctc. that takes you

straight to a page that you'll find individual reports, links, an entire programs for you to catch up. but that's it for this edition accounts, and the cost i made for you instead of going from the team here though, have thanks for being with us. the news on al jazeera is next as a nation goes in a bits or a civil war, the resistance taking more and more territory, the winning, they found one. and the see has to so to the power button to chaos and use threats has emerged under the sea. then what became pump spread to the region cyber crime. what's taking place in nearby. you certainly indicates that it represents one of the largest prime hobbs in the world. the full reports, the password for the gateway to me in march. and i was just the euro. the

missed the nothing's happening. there's no question why. like this? let denise, this is your monetary and really foundation of the . ringback from august 19th until the 22nd and delegates will gather in chicago for the democratic national convention. cala

harris will make history as the 1st black women and asian american us presidential nominees to walls is who are running in less than 3 months. have a, with the election, full coverage analysis 0 the as the death toll mounts and guns, a media to say, talks and catch all have been constructive. and joe biden says a deal could be inside the hello and down jordan, this is obviously around lives. so whole, so coming up is real issues, one of his largest evacuation notice in gaza shrinking the circles, save sends father to thousands of displaced palestinians focused on reports, express case of and pops on your brakes and some more. and if.