and we are sure to see these agencies of legend some clothes ruined the stories of civilizations that marks history wants. this is where the story of savannah do you have any story to tell the hello i'm a variance and again this is counting the cost on elders 0 you we can look at the weather business or the comics this week 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, them on to the opec plus group. the us president says the move will deprive russia of energy revenue and help to end the will in ukraine. but when it's an inflation has returned to japan up to decades of stock nation to come, that the central bank has raised borrowing cost, but will the measure from foot rows even further information on track for a re bound the hundreds of thousands of displace palestinians have made the way back to the north of gauze of many of them would have homes or businesses to return to its rails 15 months. wall on the strip is reduced in time neighborhoods to revel healthcare, education, roads, agricultural land, and most utilities like boston electricity,

sewage and communication systems have been destroyed. the destruction has hit the very fabric of palestinian life in garza 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 hold on it could take that gates and roughly $50000000000.00 according to the un to rebuild concepts 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 daunting 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 . a un 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 was completely full spots of service and all departments were destroyed. the oxygen station, the operations unit, and intensive care and emergency services. now that people are moving cause out of time, there is no medical service. we need to rebuild the hospital. the guys are still kind of israel's blockade on garza and it's border restrictions are slowing economic progress along the strip. some neighboring error countries like a tar,

are concerned about backing cost as 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 happens it's 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 i don't care about probably bring it in half people. we just clean 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 guns, those long term reconstruction. catchy, a low facility in elgin 0 for counting the cost data across it is the co found the

of the cost of wall 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 cause a be rebuilt. yes, because it can be rebuilt by the people of god and external actors. but it's gonna 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 can 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 mean, he can't stay within guns or canada. well,

some of that 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 gaza? 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 gaza, 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 a situation. what are you uh, what are your concerns though regarding either an international rebuilding assets on the companies that are involved? when we look back at the reconstruction of to be the rock for and i didn't have

a 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 are 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 is occurred over the last 15 months, much of the death following any war is what demographers call indirect death. it's caused by the destruction of infrastructure. so upfront, it's a big stream priority to replace water and health care of sanitation, housing in 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 costs and put money into the reconstruction if it'll 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, piece as a 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 going 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 of the economy. the same was 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 to talk to you on counting the cost manufacturing day for being with us. my pleasure. thank you. chinese starts up deep 6 launch. if it's latest

a i'd shop 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 $600000000000.00 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 that it's model can be trained on 2000 ships, competitively, $16000.00 foot of a leading bottles launch comes out of 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 deep sea and its implications for the why the industry on a future addition of the program stuff. opec plus oil exporting nations have been limiting output for more than 2 years now to try to show up. price is the group and it's ally. russia intend to gradually sell more barrels and monthly traunches beginning

in april. but the saudi lead concept could begin to do that much sooner if it hates us president donald trump's call to reduce global oil prices. trump argues with energy revenues, helping russia funded for in ukraine of the opec plus host a key to ending the conflict by bringing down the price of crude. but will the group respond to trumps demands what it stick to its own plan. so we'll discuss that. but i'll guess shortly, but 1st, christina, how does and reports as a candidacy and 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 person less money to fund the flashing. so, oh, fact go to get on the ball and they would have dropped the price of oil. and that

war will stop right away. trump is cooling on saudi arabia and other opec members to drop boil prices by increasing supply and lowering demand. this, i mean widespread uncertainty about his proposed tariffs and energy policies, including how his america 1st messaging will affect global economic growth. not do these your formulas. he doesn't have a vision for the rest of the world. he has a very strong american vision, and i understand why americans vote 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, or pick plus members a holding back about $6000000.00 barrels per day of production. that's about 5 percent of global demand. plans to increase supply by about 2000000 barrels a day were delayed last year and pushed to at least april. trump once guarantees

and is perhaps looking towards the leader of both pick saudi arabia for support, up to speaking with saudi crown prince mohammed, it's been so man, president trump said he would ask the saudis to increase the us investments to one trillion dollars instead of the promised $600000000000.00 the ground french's a fantastic guy to round it out to around $13.00. and i think they'll do that because we've been very good to them. it's loud and clear. however, if this apparent business partnership will affect opec's or trump's next move, christina heroism alger 0 for counting the cost. neil atkinson is the full my head of the oil industry, a markets division of the international energy agency. he joins us now for washington. good. see you again, neil, so we'll pick plus he'd trumps. cool. when it continue to do its own thing, the thing won't make a decision as to how they bring more 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, but 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 of all the members, okay, need revenues in the case of side of your right now, they have a very, very big and i cannot, we can do my certification program called vision 20 searching which needs to be funded. secondly, the se, 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. and sadly, 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 drew on his he arrives when he says that if you deprive russia

a oil revenue that that will bring about an end to the board and ukraine. well, it's difficult to imagine that the russians are certainly 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 presence of coaching would be willing to pay at opec and does want to see a floor for $80.00 a barrel on the, on the price of oil is not realistic or sustainable. but we seen recently following the news, the sanctions against russia off to re typing and following the news that there was a possibility, the rainy of sanctions being tight. and again 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 side isn't the i was concerned an oil price significantly below say $70.00 a barrel. where do i think they're very inconvenient for the reasons are suggesting other about needing revenues? all right, so um, what is the outlook for the price for right now and the price is dropped when president trump talked about putting the emphasis again on us energy production as 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 that i was only around the cost,

but currently i'm expecting a soft to market in 2025. however, the position changes. if that is a toughening of sanctions against russia and a rod or possibly about his waiver, those are 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 a balance. we're not talking about the markets tightening significantly. and what does this mean deal? so the likes of you and i consumers of the pumps. oh yeah, so when we talk about produces and we talk about some prices and they've with mike . but so is consumers also the pay the price on the costs, you know, consumers $1.00. so what's his lower price as possible? and in many of the economies, particularly in europe, a high energy costs are a major factor in the, in the political discourse, let alone the pocket books and can see this. so if price is what shall remain

a lower that perhaps, and produces mind like. and that would be good for consumers, not just in the always using countries, but so go and the consumers around the world always got to talk to your nail on cash on the costs, 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 moved 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 in its pivot away from ultra low rates. inflation increased in december and wages have risen both now mostly back to where they were in the early 19 ninety's that's just before the spiral of folding prices and economic stagnation. the became known as the last decades began. so what's happened in the deputies economy over the years?

let's take a look. us 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. and then comparison, 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 bust of the stock market bubble. so to try and pull the country out of this cycle, the bank of japan adopted a 0 interest rate policy is later in 2016, it implemented negative interest rates, but these unconventional policies did little to spot economic activity. fast forward to the pen demik when supply chain disruption has led to a such and price is world wide and japan was still managed to maintain its ultra low rates. it encourage companies to pass on high import costs to consumers while

increasing employee salaries. but what impact will hiking rates have all the japanese economy just to discuss this with joint down from tokyo by so you'll be, should i and economist, professor of economics of k or university in the form of bank of japan policy board of good time e, with a society, so why is the bank of japan raising interests right now? what's it going to do to the economy? so uh, because uh, you know, uh, we have a special around 3.6 percent, but mainly to why budget by e sign mazing interest rate is to do data is a us by cheap japanese in. so japanese in study to depreciate about 30 percent, stewart the to $722.00 and this is about cheap. japanese is creating a lot of headaches to us as to hire for the prices like no integration, ease above 3 percent. 85 percent of english will come from a food, an image to what is so raises what is raising interest rates actually going to do

to japan's economy to give them good. yes. so yes, study to the police said because of the growing interest. yeah. between 90 states in japan. so like now you know, even bank with your birthdays, interest rate is still only to the point 5 percent. so compared to you is the funds rate of 4.25 and 4.5 percent should interest you financial. so i don't the exchange rate market participants did try to have a cavity rate. uh no boy in japanese in a missing us in a securities in us it. so this is kind of a, a driving force behind shall be in the position. so it to contain, discouraged about the position above which i found you in for the 2 legs. interesting. is this the beginning of the end of stagnation stagflation in japan?

will japan begin now to resemble level conventional economy? that's very difficult to say because if we look at the japanese still crises, it's a very high side. and the japanese, you know, uh, some of the japanese economies benefiting from the japanese. a cheap japanese begins deputy seizure because now we have a so many 40 tories coming to japan. so 2 days and 6 died doing well. so it's very difficult to say, you know, we are facing, you know, diffusion disc because of the sub a positive side. if president trump puts terrace on japanese imports to the us, how is that going to affect monetary policy decisions in japan in the future? yeah, so that's a really difficult thing because um, the, the u. s. is right now the, the top to explore this and that destination of which of that,

it used to be jane up now replaced by united states. so you, it is most important. so if you is to judge how your input studies on japan, a through battery, i like one, let me close. it will be much, much smaller than what we got into the cutting situations. so now for us, what they, what most of all the, some east, what happened to you is that uh, index. because that if that'd be stopped or not, is going to do in pollution, the policy us then that the, they sent us interest. they didn't, we have even be the interest differential. so that to my niece through the evil that multi pretty city japanese in that is our biggest concern. so you know, it's been really good still to on content the cost manufacturing day professor, you into these. and christina is known for its spicy dishes, but a steep prize and the price of chili peppers is a cause of concern. so shuffles the heavy rain of the tanks by an insect pest of disrupted the harvest of some fruits and vegetables. jessica washington reports

from chicago at this restaurant in town. green one ingredient takes center stage, the red chile pepper alone for indonesia. and if we don't eat with chile, it seems like we haven't taken the tool. chile is a necessity when you need to just chile with just rice. it's delicious. of course this restaurant uses more than 100 kilograms of chile each day. most of it is for making some bow, spicy condiment found across the archipelago. so what do i need? i love spicy food. i left assembled. even women eat it together at home. if we are eating something, we have to have right to some of the stuff here. say they show up at the market each morning to get the freshest produce for the customers. but in recent weeks they've been schultz but the sky rocketing price of to me. the price is some key

staples including right vegetables and eggs have increased recently. it's the price of red chili peppers that has shopped this as this markets talking just a few weeks ago. this one kilogram bag of chillies would have cost me around $3.00 today. it cost 8 don't engine easy because even varies across the many islands that make up the southeast asian country. but in every provence, chile is an essential part of people's diets. even for breakfast, i'll get the getting on how to get. i'm so surprised by the price of chilly. the situation is difficult. as all food prices are expensive right now. the value in central java farm is say the heavy rain and insect attacks have disrupted the houses sign to say climate change is one of the effect is behind an increase in pest around the world. many, i think a, i guess it's complicated to maintain the plants. now if we don't spray them regular

rate, they will rotten di, uh, the national food agency has met with chilly farmers, and local authorities say they're working to assist them. in the meantime, food vendors like along sound good passivity, coming up with strategies of the road. we really must manage our tv use because our turnover is down. the country use most places because customers won't come back. i use kind of a separate. usually i need the cheese 3 kilograms of d. a for going to use. i need one kilogram of d. the most popular this she cells is called am been yet chicken is crushed into small pieces and mixed with green. she leaves then smeared onto another piece of fried chicken. she says she's giving customers one and a half spoons of chilly taste per dish instead of 2 until chilly prices in indonesia cooled down jessica washington to 0. so counting the cost to counter. and that's all show for this week. if you'd like to comment on anything that you've

seen, i'm a citizen on x. try to remember to use the hash tag h a c p c, or you can drop us a line counts in the cost of alpha 0 dot net is i'll email address as always talk to you more few online about a 0 dot com slash ctc that takes you straight to a page and then you'll find individual reports links and in time additions to you to capture. but that's it for this edition of counting the cost on a very instead of going from the team here at the house. thanks for being with us. the news on out to 0 is hearing the fact the is very systematic and deliberate. destruction of causes, infrastructure has left more than 2000000 pieces of ultra 0 is teams across the world. when you closer to the house of the story, we are to see the series of legend some

clothes ruined the stories of civilizations that mark the history. one is where the story of vanity has many stories to tell in depth analysis of today's headlines. what will this us determination of genocide do critical debate? this then sides determination was not to me because of anything that was happening on the ground, but more to do with the fiscal dynamics in washington informed opinions centrally to european countries are directly affected by this whole ukrainian transit inside story. just germany have the mo 14th request, anything from the new city leadership on out just sierra it's one of the most recognized sites around the world. thing for support for the phone and wide, put for the funds back home. it's more than just

a football club. anyone who says politics should be left off to football, you know, doesn't know about football, isn't about politics. and this says he's stuck on the passion and the politics of the pool, etc. the defiance joins part of the funds. who make football series on houses the or the the later on or kyle: this is the news our live from joe hall coming up in the next 60 minutes dealers. and we will do a brazen declaration. president donald trump says the u. s. should seize control of

gone, so i'm permanently displace palestinians. how much react saying present trunk, comments of ridiculous upset like.