the the . ringback the hello, i'm a variance and again this is counting the cost on elders 0 you. we can look at the world of business and he cannot make this rich with mass destruction of millions of tons of rubble rebuilding costs over class tens of billions of dollars. so who took up the time and one of the challenges to making the strip habitable again,

reduce the price of oil. that's donald trump's, them on to the opec plus group. the us president says the move will deprive russia of energy revenue and help to end the war in ukraine, but will it? and inflation has with tons of japan, of the decades of stagnation called that the central bank has raised borrowing cost . but will the measure from foot gross even further? first the nation on track for re bound the hundreds of thousands of displaced palestinians have made the way back to the north of gauze. of many of them would have homes or businesses to return to israel's 15 month. wall on the strip is reduced in time neighborhoods to revel health care, education, roads, agricultural land, and most utilities like full size electricity, sewage and communication systems have been destroyed. the destruction has hit the very fabric of palestinian life in gaza setting package development by 69 years.

according to the un, rebuilding the devastated strip is expected to take decades and cost tens of billions of dollars. but how will return these codes until reconstruction gets on the way? we'll get to these issues without guessed in just a moment. the 1st report from katia lopez told a young it could take decades and roughly $50000000000.00 according to the un to rebuild cause as palestinians return to the north and many are finding, they have nothing to go back to. more than 250000 homes have been destroyed, entire neighborhoods are unrecognizable. now the house was diminished and we live in an attempt to go to help us. what can we do? fearing out more than $50000000.00 tons of rubber will be a don't think and expensive task, the un warns of that process alone could take about 20 years in cost more than

a 1000000000 dollars. infrastructure is another challenge. hundreds of government building schools and universities have been leveled in 15 months of war . you land report a release in september estimates more than $18000000000.00 worth of damage to gauze us infrastructure, including the strips ravaged, health care system for such a like hard to become in the hospital, it was completely full stops of service and all departments were destroyed the oxygen station, the operations unit, and intensive care and emergency services. now that people have moved and goes out of time, there is no medical service. we need to rebuild the calls for to the guy just to kind of israel's blockade on casa, and it's border restrictions are slowing economic progress along the strip, some neighboring arrow countries like a tar, are concerned about backing. cost is reconstruction only for it to be destroyed. again, in the future, we cannot have an investment where we are investing in better selection every time

and something happened and just just to get destroyed then we, we do it again. and us president donald trump has strong criticism for his reason proposal to up route palestinians to nearby country. i'd like to take me what i'd like georgia tech people, i guess are you talking about probably bring it in half people. we just plain out that although jordan and egypt have both rejected the idea, it highlights divisions, political, moral, and financial that could hinder the rebuilding process. what's clear is that the journey back home will be long and overwhelming. much like concepts, long term reconstruction. catchy, a low facility in elgin 0 for counting the cost nature of growth. it is the co founder of the cost of oil projects at a professor at the university of ox, but she georgia, as now from ox, with nature. the fit goes

a staggering the challenges of immense can guns. a be rebuilt. yes, because it can be rebuilt by the people of god and external actors. but it's going to take a lot of work obviously. but where do we begin? the rubble for stuff is, i mean, what happens to all of that? well, all of the rubble has to be removed, but of course there are human remains under the rubble, in addition to unexploded ordnance which can be very deep. or could be right on the surface could look like toys to children. so the removal of the rubble itself is quite in endeavor. it will take a long time and in fact, much of the rubble and the munitions may remain for decades. where would that rumble go? i'm going to come and stay within guns are counted. well, some of it will be used in reconstruction. is the foundation for buildings or taken out of guys that can be recycled?

but again, much of it will remain. all right, so who is going to rebuild gossip? who's going to pay for that reconstruction? a well, the, the bill should be a look. this is a, an international problem. the bill should be foot by those who destroyed garza as well as any international organization that is able to help and the private sector. so it's gotta be an all hands on deck and the situation. what are you uh, what are your concerns though regarding, you know, an international rebuilding assets on the companies that are involved when we look back at the reconstruction of to be the rock for an ad, enough dentist on 2. right. there was a significant amount of work done that was well done. but there was a,

a lot of corruption and shoddy work. some of it done by private contractors and it already we see private contractors and guys are doing some of the security labor. so some of it done by the local workers, some of it meant to be temporary and then rebuild, but never in fact i felt was permanent structures. so there are significant concerns, concerns with who's doing the work, if it's private contractors and their oversight. and then there's also u. n. organizations, the mind action removal, the world health organization. they will do some of this work and hopefully in partnership with palestinians. but how do you do that as well? people living that what are the priorities? obviously you've got to get things like water and sewage systems and, and electricity sorted out 1st, don't you as well the, the 1st thing is that people are going to die for the next several years as

a consequence of the destruction of the infrastructure that has occurred over the last 15 months, much of the debt following any war is what demographers call indirect staff is caused by the destruction of infrastructure so upfront. it's a big stream priority to replace water and health care of sanitation, housing, and the regular vaccines. and so to stop what is likely to be a nother, several years of continuing morbidity and mortality. and of course, all of this assumes that the piece holes can you understand that companies and regional governments perhaps will be reluctant to invest in gas and put money into the reconstruction if it could all be flattened again, if, if a war breaks out again, well, of course, no one knows if war will recur. now when the united states put 60000000000 into

iraq reconstruction between 232014 they did not anticipate that isis would come and that the war would resume. and then they're going to have to put the international community another 60000000000 to repair, post isis. so this is essentially uh, something that has to happen whether or not or will resume, of course, pieces of priority. even though some of this money will be misspent. some of the money will be lost, some of the reconstruction effort will to be shoddy. it still has to resume. i'm one of us to go on. what about causes economy? we're not talking just bricks and more so here with the things like the business is gone. schools, universities, hospitals,

how long before before goals as economy will be functioning again? well, just think about the schools. most of the schools have been destroyed, more than 90 percent of the schools have been destroyed or damaged. just getting the education system functioning is actually a boost to the economy. the same with health care. getting those systems education and health care functioning will help the overall economy. obviously, agriculture is also devastated. that is an economic boost as well. so those things must occur in order for the economy to recover. this has been good still to you on counting the cost manufacturing day for being with us. my pleasure. thank you. chinese starts up deep 6 launch of its latest a i trump bought model has sent shock waves through the global tech sector shares and major tech phones like and video felt sharply with the trip drive losing over 6 $100000000000.00 in market value in just a day the sink size,

it's all one model was made at a fraction of the cost of its rivals raising questions about the scale of investment. the us funds planned to plow into the technology. it also says what it's model can be trained on 2000 and chips compared to really $16004.00 of the leading bottles launch comes as the us as restricting the sale of the advanced chip technology to power as a i to china. now this is big news and here at counting the costs, we've decided to let the dust settle. we'll take a more in depth look at the basic and its implications for the why the industry on a future addition of the program to opec plus oil exporting nations have been limiting output for more than 2 years now to try to show up price is the group of ally, russia intend to gradually sell more barrels and monthly traunches beginning in april, but the saudi led costs out could begin to do that much sooner. if it hates us

president donald trump's call to reduce global oil prices. trump argues that energy revenues helping russia funded war in ukraine of the opec plus hose. the key to ending the conflict by bringing down the price of crude will the group respond to trumps demands what it stick to its own plans. we'll discuss that, but i'll guess shortly. but 1st, christina, how does and reports as a candidate is a now, is us president donald trump has long promised to end russia's war and ukraine. the solution he says is to lower the price of oil. he insist that less energy revenue will give russian president vladimir pollution, less money to funds the flashing. so, oh, fat. go to get on the ball and they to drop the price of oil and that war will stop right away. trump is cooling on saudi arabia and other opec members to drop world prices by increasing supply and lowering demand. this,

i mean widespread uncertainty about his proposed tariffs and energy policies, including how his americans, those messaging will affect global economic growth. not do these, your portal that he doesn't have a vision for the rest of the world. he has a very strong american vision, and i understand why americans voted for him. it's a vision of america 1st, but on a global scale, all of this won't allow stability, it will only reinforce any qualities. and in security, pick plus members a holding back about $6000000.00 barrels per day of production. that's about 5 percent of glow will demand plans to increase supply by about $2000000.00 barrels a day were delayed last year and pushed to at least april trump once guarantees. and just perhaps looking towards the leader of the peg. saudi arabia for support, up to speaking with saudi crown, prince mohammed, vin,

so mine president trump said he would ask the saudis to increase the us investments to one trillion dollars. instead of the promised 600000000000. the crown prince's a fantastic guy to round it out to around one tray, and i think they'll do that because we've been very good to them. it's all unclear . however, if this apparent business partnership will affect opec's or trump's next move. christina heroism, audra 0 for counting the cost. neil atkinson is the full my head of the oil industry and markets division of the international energy agency. he joins us now for washington. good. see you again now. so we'll pick plus he'd trumps. cool. would it continue to do its own thing? the thing won't make a decision as to how the person will barrels back into the market in april, or whether they do that or based on the market conditions at that time. and that's the decision they would always take when i say the pressure, the president trump is seeking some place on the side. you're right,

but i don't think as a whole is very complicated for 3 reasons. firstly, the saudis and other members of okay, need revenues. in the case of side of your right now, they have a very, very big i can always give us indication of programming code vision, 20 searching, which needs to be funded. secondly, the saudis, but one of the driving forces behind the creation of the opec person lives at the end of 2016, which brought russia into the fold unfairly murmuring oil prices would appear at 1st sight to be being compatible with president trump. uh, president trump ambition to raise domestic us production on the match for a drill baby drill. and his, he writes, when he says that if you deprive russia of oil revenue that, that will bring about an end to the board and ukraine. well, it's difficult to imagine that the russians are suddenly very quickly if prices for

the sake of argument was to go down significantly. that's certainly going to pack up and go home. it may well have an impact on the russian economy, of course. but i would imagine the president putin being a dictator is dedicated to the task of conquering ukraine. and if it comes up in the cost of the domestic economy, i would imagine that for quite a while now, there's a price, the price of the coaching would be willing to pay at opec and does want to see a floor for a few dollars a barrel on the, on, on the price of oil is not realistic or sustainable. but we seen recently following the news, the sanctions against russia up to re typing and following the news that there was a possibility of a range of sanctions being tied together. we saw the brent crude price. i jumped back to $80.00 a barrel for a while. expose them back a little bit since then. the as far as the sab isn't the concerned, an oil price significantly below, say, $70.00

a barrel. what do i think they're very inconvenient, but the reasons are suggesting earlier about needing revenues? all right, so what is the outlook for the price of all are right now i'm price is dropped when president trump talked about putting the emphasis again on us energy production of a price is likely to continue forwarding in the near term. as far as my dad's home is concerned, as things stand for the sake of argument, there is no tightening or sanctions against russia in the wrong. possibly even venezuela, based on the current thousands of on demand, based on the current outlook for production following the non impact countries that are not part of the cost of lives. it looks as if the market will be in sub plus during 2025. things will change, developers will move around the cost, but currently i'm expecting a soft to market in 2025. however, the position changes, if that is a tough thing of sanctions against russia and

a rod or possibly about his waiver or the removal of oil from the market. that would come from those countries would probably move the market back into some kind of balance. but it's of balance without talking about the markets tightening significantly. and what does this mean deal for the likes of you and die consumers of the pumps? oh yeah, so when we talk about produces and we talk about some prices and they with mike. but so it's consumers also the pay the price on the costs, you know, consumers $1.00. so what's this lower price as possible? and in many of the economies, particularly in europe, a high energy costs are a major sites are in the, in the political discourse, let alone they pocket books and can see this. so if prices watch or remain a low of the paps and produces my mike and that would be good for consumers, not just in the always using countries,

but some go and the consumers around the world. always got to talk to your nail on content across, always learn something, but when, when you're on the program, many thanks. indeed for being with us. my pleasure. thank you very much. central banks around the world have move to cut interest rates off the hiking them for months to bring down the cost of living. but as usual, japan is booking the trend, the nation central bank because recently increased borrowing costs to the highest level in 17 years. another step and it's pivot away from ultra low rates. inflation increased in december and wages have risen the both now mostly back to where they were in the early 19 ninety's that's just before the spiral of folding prices. the comics stagnation, the became known as the last decades begun. and so what's happened in the japanese economy over the years? let's take a look. overall. the nation's economy has grown very little over the past 3 decades . in 2024. it's g d, p is estimated to grow by nearly acosta since 1994. how many comparisons the us

economy more than doubled in size over the same period? the economic stagnation comes with a drop in the general price of goods and services. so basically, deflation, this was triggered in the early 1990 is after the collapse and real estate prices on the bus of the stock market bubble. so the 100 straight live to the white house with present trump and 5 minutes. and that's in the all here. it's a lot of taking press cool. congratulations. you bring them out. you really bring them out. today i'm delighted to welcome is rarely prime minister benjamin netanyahu back to the white house to wonderful feeling, a wonderful event with fantastic talks. and thank you very much with your staff. he's the 1st 4 and heather, stay to visit during our administration. and maybe i want to say it's an honor to

have you with us over the past 4 years, the us and the israel, a alliance that has been tested more than any time in history, but the bonds of friendship and affection between the american and is really people ever endured for generations and they are absolutely unbreakable. they are unbreakable. i'm confident that under our leadership, the jerusha lies between our 2 countries will soon be stronger than ever. we had a great relationship with great victories together 4 years ago. not so many victories over the past 4 years. however, in my 1st term, prime minister and i for j, tremendously successful partnership that brought peace and stability to the middle east. like it had been seen and decades together way defeated isis. we ended the disasters around nuclear deal, one of the worst deals ever made by the way, and impose the toughest ever sanctions on the or rainy and regime. we saw out how

mos in our ends, other terrace proxies and we stopped them like they had never seen before. resources and support disappeared for them. i recognized israel's capital, opened the american embassy in jerusalem, and got it built by the way, built to, to just that only designated it but got it built at a price that nobody's seen for 40 years. we got it built, it's beautiful. all jerusalem stone right from nearby and it was, it's something that is very special and recognized is really sovereignty over the goal on high something that they talked about for 70 years and they weren't able to get it. and i got it. and with the historic abraham record, something that was really a new treatment that was uh, i think gonna become more and more important because we achieve the most significant release based agreements and half

a century by the abraham accords in particular. and i really believe that many countries will soon be joining this amazing piece and economic development transaction. it really is a big economic development transaction. i think we're gonna have a lot of people signing up very quickly. unfortunately, for 4 years nobody signed up. nobody did anything for 4 years except in the negative. so unfortunately, the weakness and incompetence of those years, those past 4 years, the grave damage around the globe that was done, including in the middle east, grave damage all over the glove of these powers of october 7th would never have happened if i were present in the ukraine and russia disaster would never have happened of our president. over the past 16 months, israel has endured a sustained, aggressive in motors or so on every front. but they fought back bravely. you see

that? you know that what we have witnessed is an all out attack on the very existence of a jewish state. in the jewish homeland, the israel is of stood strong and united in the face of an enemy that is kidnapped, tortured, raped, and slaughtered innocent men, women, children, and even little babies and want to salute these rarely people for me do this trial with courage and determination and unflinching resolve. they have been strong in our meetings today, the prime minister and i focused on the future, discussing how we can work together to ensure how mazda is on a limited and ultimately restore peace to a very troubled region. it's been troubled, but what's happened in the last 4 years is not been good. i want to think prime minister netanyahu for working closely with my transition team. special envoy, steve, what gulf was her somewhere, steve?

stan of safe place. what a job you've done front of the fantastic job national security advisor mike waltz. thank you, mike for working. so our thank you to the we have in addition, marco rubio, who is on the phone right now, listening to every single word that we say. and he's going to be great. and pete, congratulations and scott, congratulations. i see you're here. and caroline's been doing a great job. she's really probably talked about more than anybody here. she's done a fantastic job and thank you very much carol i, we're proud of you but will only be satisfied when all of these problems are solved and we have the team to solve them. and that's going to happen. and it's going to happen. i think very quickly, i also strongly believe that the guys a strip which has been a symbol of death and destruction for so many decades and so bad for the people

anywhere near it. yeah, the especially those who lives there and frankly has been really very unlucky. it's been very unlucky spin and non lucky place for a long time being and his presence just has not been good. then it should not go through a process of rebuilding and occupation by the same people that have really sit there and fought for it and lived there and died there, then lived a miserable existence there. instead, we should go to other countries of interest with humanitarian hearts. and there are many of them that want to do this and build various domains that will ultimately be occupied by the 1800000 palestinians living and gaza. ending the death and destruction. and frankly, bad luck. so this can be paid for by neighboring countries of great wealth. it could be 123457812. it could be numerous sites or could be one large

site. but the people will be able to live in comfort and peace and will get cure. i will make sure something really spectacular is done. they're going to have peace and that going to be shot and killed and destroyed like this. civilization of a wonderful peoples has had to endure. the only reason the palestinians want to go back to gaza is they have no alternative. it's right now a demolition side. this is just a demolition side. virtually every building is down there living under fall and concrete. that's very dangerous and very precarious. they instead can occupy all of a beautiful area with homes and safety and they can live out their lives in peace and harmony instead of having to go back and do it again. do us, we'll take over the gaza strip and we will do

a job with the 2 without it and be responsible for dismantling all of the dangerous, unexploded bombs and other weapons on the side, the level of the side and get rid of the destroyed buildings level of ad create and economic development that will supply unlimited numbers of jobs and housing for the people of the area. do a real job, do something different, just can't go back. if you go back, it's going to end up the same way it has for a 100 years. so i'm hopeful that the ceasefire could be the beginning of the larger and more enduring page that will end the blood shed and jelly once in for all. with the same goal in mind by administration has been moving quickly to restore trust in the alliance and rebuild american strength throughout the region. then we've really done that where a respected nation again, a lot's happened in the last couple of weeks. we are actually a research, very respected nation again by end of the last administrations,

defacto arms embargo for over $1000000000.00 and military assistance for israel. and i'm also pleased to announce that this afternoon, the united states withdrew from the anti semitic you and human rights council. and ended all of the support for the you and relief and works agency which funneled money to her mouse and which was very disloyalty, humanity. today also took action to restore a maximum pressure policy on the rainy and regime. and we will once again enforce the most aggressive possible sanctions. driver ran into oil exports to 0 and diminish the resumes capacity to fund tara throughout the region. and throughout the world. we had no threat when i left office around was not able to sell oil. nobody was buying oil because i said, don't buy it if you buy it, you're not doing any business with the united states and how much was not being funded has below was not being funded. nobody was being funded. that would never

been an october 7, 2 weeks ago i once again designated the who is as a terrorist organization, they're trying to destroy the world shipping lanes, and that's not going to happen. and over the weekend i ordered air strikes against senior i is just leaders hiding in the caves of somalia and took them out here in america. we've begun the process of deporting for ontario as you had us and how much simpler sizes from power. so i'll just as we have people that are extremely evil, that we're sending them out of our country, they came from jails. they came from mental institutions and insane asylums, and they were dumped into our country. that gang members were getting amount of numbers that nobody can actually.