a pod came into the date to military abuse, poco around somebody. not that all of these, no character, we don't know such facing realities. how do you reconcile your needs for a security perspective with the human rights folks and everybody who wants to come to poland can do that. but we expect that person to accept don rings, thought provoking on north korea. when does the extent, now korea is the mirror of what we need to avoid. who the case of the, of the store on talk to how does era the although i'm, adrian said again, and this is counting the cost on, i'll just say, or you'll wait to look at the world of business and economics this week. russia has

where the crippling western sanctions the us says that there are extraordinary economic opportunities in the nation, but all that on will american companies get back into business in russia. the, you and india want to boost economic ties. the aim to finalize a free trade deal by the end of this year. so all the 2 sides growing closer and will they be able to reach an agreement? it's seen as an historic shift in germany stance on pondering limits. the nation as likely new governments agreed to relax. deb was to boost defense spending. so what's behind the plan? and will it be approved with a lack of jobs instead of go thousands of people are competing for a limited number of work visas in spain. wow. so many senegalese people unemployed and kind of countries president to fix the problem the opposite 3 years of western sanctions. russia could once again be open for american businesses,

but that's only if a deal can be done to end the war and ukraine. secretary of state, marco rubio said that the 2 nations could then push you potentially historic economic partnerships. incredible opportunities. robeto's comment came off, the water shut talks with russian officials and we have last month. and last week, president donald trump said he wants to see major economic deals with moscow. and his in advance talks to cobble something together. russia says that it's open for economic cooperation with the us, including on energy of the mining of rad, of mineral spot. it's war driven economies of a heated interest rates. the hype of the business environment is unpredictable. dimitri method, unquote, ripples the war and ukraine has been costly for russia. the economy has been invented by sanctions, a globally isolated banking sector a. we can dribble and the withdrawal of the west and companies. but all of this may change now that in washington there was

a new sheriff in town. a donald trump began a rapid repre small with moscow soon after taking office with the push to end the war in ukraine and a failed minerals deal with key if it's going to be very hard thing to do. business like this is get, trump is now increasingly sending positive signals to moscow. i'd like to buy mentos on russian land to if we can, the river is very good where it's. busy so they both do, i would say that and toil and gas look, it's a great thing if we sell is great for russia to the kremlin. has said that any normalization of relations with the west will require the lifting of sanctions. and washington says, this means you are as well, in order to bring it into any conflict. there has to be concessions made by all sides. the european union is going to have to be at the table at some point because they have sanctions as well that have been imposed. thousands of west and companies pulled out of russia when it didn't. they did ukraine in 2022,

their business as well, in many cases acquired by local players. mcdonalds, for example, replaced bytes course, and i thought you got, which was mostly just the marketing make of. if weston businesses choose to come back, they will be competing with these analogs. they will also find the economy and then unstable state of the country's d. d. p grew 4 percent last year. this was driven mainly by the military industrial complex with the foot of the federal budget spent on national security ending the war could impact the economy negatively if these expenses, icons, inflation is running officially at 9 percent. but some goods have more than doubled in price over the last 3 years. the central banks, key rates of 21 percent, is making it's very expensive to borrow. and for example, launch a new business. the kremlin says the prospect of lifting sanctions and seeing western business is coming back is distance state. there is a long way to go,

because the entire sets of bilateral relations has been great, the damaged spots. if the political will of the to lead is president clinton and president trump is kept, then will clear this distance quickly enough. for any of this to happen, the 1st step would be putting an end to the war in ukraine. and washington has threatened to moscow with more sanctions, if a deal is not reached to meet them at vanco ouch as they are for counting the cost . richard connelly is a senior analyst for russia and the c. i. s at oxford analytical. he's an associate fellow at the royal united services and since you have any joins just now from geneva, richard, good savvy with us on counting the costs in what sort of state is russia's economy right now? it's not in a bad state. uh good morning. i don't, i mean, certainly don't backstory for the last 3 years and many people thought that it would. and when western sanctions were imposed following the invasion,

if you client in 2022, it grew by 4 point one percent last year and the year before, it's currently slowing down because it's difficult to maintain that brisk race of growth. it faces a few problems in the fullness rising inflation in a tight labor market. but generally speaking, it's in pretty good shape. so, here's the big question. do you see american businesses returning to russia any time soon? what would it take for that to happen? what they want to reach on i've done that says a very good that. so i think the most important point, i mean what it would take fast, but of course, be some form of political agreement, a quote between united states and russia. and that will be a necessary condition for things to move forward. it would also require some form of significant sanctions, where they say need to change and remove the barriers. the company exists for us funds doing business in russia. but then even if those 2 conditions are in place,

it would been requires you suggest in your question and that us funds see the see the come by show up what she didn't see. and then spring russia. now there's a lot of ways in which they couldn't make money, but a lot of funding funds has been done in russia in the past, but as a result of the war, but also before. so it's not immediately obvious that they'll be a rush of us investors entering by shot even extensions lifted. so what do you suspect a donald trump's motivations for wanting to get economic relations at least on to a more normal 1st thing with russia, is it, is it just about read of minerals? so i don't think so send me. i suspect that this is the economics feeds into the broad a political picture. i think there's a desire to have a working relationship with russia and that trump being a former business. nancy's the commercial side has been an impulse of pos with us. and i suspect that there aren't too many people with united,

the administration or the us business community was really saying, this is an important part of any future relationship to us. investment in, in russia was much smaller before the woman that say, your opinion investment in russia. and so i, i saw, i think that this would be an importance, but by no means the most significant part, if any future store in us, russian relations, to what extent does the russian oil and gas play into all of that is the us interested in tapping into to that energy, i mean it, it's got, it's its own supplies. and if, if it did what your follow should, i mean you're up has been particularly badly hurt by the lack of access to cheaper russian energy to correct. i think it was thinking about the us and russia and us potential for investing in oil and gas. it's important to note that in, in, in gas, especially liquefied natural gas. so ellen, g,

russia and america arrivals. so it's honda and likely that us funds are going to invest in russia when they are currently trying to take russian market share and global n g markets. and the same, i think is true of oil costs will be some potential for us funds to invest in, in some russian oil fields. but a game that has proven to be and also, and often costly and often corporate mastic, a experience for american friends in the past. so i think it'll be some reluctance to dive straight in video or pins. and as you suggest, if they want to stop buying rushing gas again, that could help your opinion, district tremendously because cheap, rushing dyson, rushing gas is the cheapest type of jobs. we're just looking at the price available . so you can see in this that would be a real boon for you, or pay an industry or a long way from. from that, i'm just going to ask you actually yeah you,

you suspect but, but this is all going to be quite a long way in, in the future. yeah, absolutely. i think even if we look at the us, even if donald trump inside of the uprooting me personally and come to some form of agreement, the listing of a lot of the sanctions of the united states county has in place will require congressional approval. and that makes it very difficult to this sanctions. the united states has imposed sanctions on lots of countries in recent decades. and it has a very poor track record in listing them. and that's because it also requires congressional approval as well as a presidential decision. so i do think that despite some of the headlines, the, the, the chances of sanctions relief taking place on any meaningful scale still proceed though, i'm not just the united states. i think the europeans are farther behind the west when it comes to the politics of a reaching out sick to russia. and so even with the euro, i think we're looking at, you know, even longer period before any type of assumptions where the for, for,

by them as well. richard, it's been really good to talk to you on kind of the, the costs manufacturing data being with us. thank you. ukraine says that they will try to ramp up domestic weapons production of to donald trump suspended oil us ministry 8 to the nation. the us official says that washington is reviewing with a billions of dollars given to keith is contributing to a solution to end the war with russia. the move comes off to advance contentious meeting. just reading from the president full of them is lensky. last week. it's being seen as an attempt to increase pressure, honestly, landscape to make concessions to and the conflict to president trump has made it clear, but he wants to lower borrowing costs for americans. but instead of putting pressure on the federal reserve to cut interest rates, trump, and treasury secretary scott best and have turned their attention to lowering the yield on 10 year us government bones. now the 10 year t bill yield is

a lending benchmark that influence is borrowing cost, so everything from mortgages to corporate bonds, lower yales allow rates across the economy to full and could help bring down borrowing costs for consumers, yields or annual returns full. when prices rise, meaning the trump administration will need to reduce government borrowing, which will eventually decrease the supply of bones, will make us depth more appealing to investors. best instead that they tend to yield could naturally full by increasing the supply of oil and gas and bringing down energy prices. the yield on the 20th, the bill did decline in february, but perhaps not for the reasons the president wants. invest as a concerned, trump tower of threats, and layoffs of government workers could slow america's growth, piling into bones as a safe haven alternative to follow tile stock market. a fiscal see change design to restore and re um, europe's largest economy. economists say germany is likely incoming government has

announced plans to boost defense spending by relaxing the country strict borrowing rules. they've also said that they've sick to set up a $533000000000.00 funds to finance spending on infrastructure over the next 10 years. now provision would exempt defense spending above one percent of g d p from the depth break, the caps, government borrowing dropbox, a historic shift in the countries. conservative approach to borrowing the debt break is enshrined to the constitution of the 2 bills which need a 2 thirds majority to pause will be presented in parliament next week. joining us not from berlin is i'll just here as dominant came down. why is this happening now? what does it mean? this is happening now because the man who is very likely to be the next john to the freezers mounts the man whose policies came 1st in the recent general election says that germany now needs to be a grown up germany now and needs to assert its role in europe,

he's looked at what the trump administration has been doing. these are the ukraine, your nate, so assess and now is the time for germany to re um and to take it. so what does that actually mean? this reform of the debt break, what he's effectively talking about that is anything over one percent of g d p, well factually, that would be anything over $44000000000.00 euros or adult sams, $47.00 and a half $1000000000.00. any spending above that limits would not be constrained by the debt break. so in other words, if you wants to put lots of money, lots of finance into defense, that would be the way to do it. the other reason it's happening now? well, that's much more political because the holloman's that was elected on the 23rd february needs to stop sitting by the 25th of march. when it does that will not be the 2. so it's majority for mr. mounts and his partners to get this through. it's got to get

a 2 thirds majority. that's why the vote is taking place next week. but it's also going to have to get to 2 thirds majority and the other has to parliament and the numbers that are very tight indeed in the end is the mounts needs his political opponents in the green party to vote for this. if it happens, then he will get what he wants and he will be able to spend that money on defense. but this so much that currently is still to be decided. i was just arizona came reporting from the land don't manufacturing date. and there are more than 6000 european companies doing business in india. the issue is now the nation's largest trading papa ahead of the us in china football games. the boost economic ties with the asian nation even filled up in a recent visit by european commission president us live on the line to new delhi. the 2 sides agreed to finalize a free trade deal, which is stored for years by the end of 2025,

but will be you would indeed be able to overcome the differences and reach an agreement to discuss that with joint now from bethesda, maryland, to buy it outright should, but who is a distinguished visiting scholar of the institute for international economic policy at george washington university. good to have you with us. so what are the chances of the, you and india being able to finalize this deal by the end of the quote. it's very possible, as you said, there's a very strong push on both sides. especially since both are being threatened by very high tide of strongly united states. the pre garza to this is a very good f d a trade deal that's with the 4 countries. no way switzerland, iceland and lichtenstein, which was signed last year and which promises to increase by natural investment but well over a $100000000000.00 between those countries in india. so if that starts to work,

that will have a positive effect on, on the broader ears in the trade deed. of course, the u. india has a trade in technology council that has been working on this for some time and that they will really have their work cut out to make this happen. why? why the end of the world? why so has it, has this deal taken so long as we said it had been stalled for years? yeah. so there's a lot of factors. you know, the deadline is always into detail. and as you said, of course, trade has picked up. but despite that, india has very high dotted strong cars online and on both agricultural products, it doesn't have to in the minds of the you, investors in sufficient investment protection agreements. and then it's public procurement contracts are not that's open. so that's the complained on the east

side, but on the indian side also the u has been to say low uh, $700.00 farm of products, which are tested in india. now these are sold is genetics even in the united states . but you doesn't find that to be sufficient in there is a major export or a pharmacy to go to especially genetics. then there are data safety issues that you know doesn't consider india to be as data safe as they would like it to be. so which means that a lot of back office work that is done in india by many companies around the world . so. so that's, that's tempered can i ask you? so yeah. who, who needs more, who right now the e u. l l. india, where india certainly needs the e u, because in that, you know,

in the sales do that you are about to, if you add up goods and services that are about a $100000000000.00, but you imports and i'm not counting in try. you trade, i'm counting extra, you trade in you and boards, 2.8 trillion, 2.8 trillion worth of goods and services. so they're in, they're certainly good expand its exports, usually into the new market on the east side. of course, the fact that now they're getting restricted in the united states, they are looking for opportunities. and the fact is that endeavors soon, the, the 3rd largest economy in the world and growing at a very rapid rate. so there's a huge upside potential both for that and i would say, and for the you, i wanted to ask you, so what, what has changed a mood music wise to, to, to,

to bring these 2 sides together is, is it the fact that donald trump is is in the white house, sundays, offending the world economic order and introducing towers. is that what's forcing india and the you to finally get this deal over the line? yeah, i think it would. it has always been very keen on this deal because you know, for us, for it and it's a huge market that we haven't been able to to penetrate. we have penetrated to some extent, now as it and it's growing, but not as much as it would like to. but for certainly for the you, it's looking for friends now that it's becoming quite clear that the us is quite hostile to the we so, so i think that's the embed. just as there was a very large delegation, as you said by led by or so the reading to like me to uh, doing that recently and clearly the optics of the back of a positive. but you know, it's not going to be an easy agreement to make. so, you know, there would be

a lot of discussion that will have to take place. but, you know, once the political leadership on both sides makes a push, i think it's possible, but it's not going to be an easy one. it's really good story to use a on causing the cost manufacturing date for being with us. thank you. bye. off to his election victory last year, president press 0 dialed by fi permit sweeping reforms to help improve living conditions incentive goal. but today, many sonically, as young people still struggle to find the works of leaving the country in droves, looking for opportunities elsewhere. more than 300000 unemployed people have applied for seasonal visas to work on spanish funds ahead of a harvest. but with only $350.00 spots available, competition is 5th. i'll just here as nicholas hack reports. now the village of traffic, the incentive go on moment this is only there was a well in the village if that again then abdul aziz in guy would not be trying to

go to spain. he sees in his fields and taps possibilities. songs about the water he says, is like a magic turning sand into crops. this is the zip of people. see the cell that i can grow solid carrots beans and 9 units. i could in enough to feed my family and not have to go to europe and the good you are hoping to fund a well enjoy applied for the seasonal visa scheme to work on farms in spain. the leaders of the 2 countries revived a 2 decade long seasonal work visa scheme in 2024 to curb the legal migration and to help spain deal with its manpower shortage at a gathering in portugal. last october, spain's prime minister warrant that europe faces a looming labor crisis and is set to lose 30000000 working age people over the next 20 years. or discuss the cm dot edu is suffering from

a demographic winter. it can toggle that in different ways. one with technology increasing productivity to and to both rate policies. but let's face it tomorrow. we're not going to have that much rate that spain, that for example, in the 19 eighties and 3 migration, almost 50 percent of the comic growth in spain or the last 20 years has come from the contribution of immigration, economic growth field record $47000.00, mostly africans arrived illegally in spain last year. many end up working in the fields, keep the legal labor was paid a fraction of the wages given to locals. just one short season working the farms in spain would bring enough funds to turn this bearing land into life. bring water here, grow crops, and stop the flow of migration so that people can have opportunities right here on

their land. shareef i took part in the scheme. unlike many he returned home with the savings. he bought enough livestock to secure a modest living, but he carries with him the painful memories of backbreaking work, picking pears in apricots, fruits. he can't afford to buy or grow significantly low. it's hard work. you sleep little, you work a lot, waking up a for you. i'm walking 50 kilometers in a day for a small meal and the manager shouting that you. it doesn't feel right just looking at as it is competing with young skilled, unemployed graduates clutching their diploma is hoping to find work they cannot find at home 300000 applicants vying for just 350 spots. oh, i see, and yeah, i called a friend who like him applied for the scheme. weeks have passed with no use. the silence feels familiar. he fears he has been duped and that his application has not been processed with it comes the realization of having lost the family savings and

the possibilities of a new life. nicholas hawk, l. g 0 for counting. the cost that i can send to go sign it and save it is a technical intelligence analyst of control risk. so global risk consultancy firm that you joins us now from co incentive go. good heavy with the says r y is set a goal of unemployment rate running so high. thank you. good morning everyone. thank you for inviting each so cindy was employee employment rate is printed high right now because the economy, economic and fiscal situation is pretty stress at the moment, and it's likely to remain that way for the next few years. so for example, um the course of auditors in a data separate publish report to staging back to the general data of the government. it's actually shit, almost 100 percent of the g d. p,

meaning that's unable for the next few years is going to have less room for diets and higher costs. so it is actually impacts job markets and actually most impact mostly in fox women to use um and getting a workers getting to areas. i'm for those of us who aren't so familiar with sound like ireland, it's economy. what are the main drivers of, of economic activity and some of go so you can only go to images main beach, right? driven by the primary or secondary sector sort of culture livestock. this is sherry or centers, what is the permanent incentive go? um, so actually in for the originals and in $23.00 on the economy reached a group of 4.3 percent. and this actually was led by the primary and the secondary um the sectors mainly. so does the president have

a viable plan for fixing the economy this, this debt problem that you talked about increasing employment? yeah, so actually the government has a plan agreement plan that includes talk between the 3 and its unemployment and uh um the regular migration. so um, for example, diminish of neighbor in february declared that the government launched a grand credit show for employment that will tackle unemployment rates and actually boost the private sector. at the same time, the mutual news declared in november last year that the government is correcting the equity, developing a plan of a nation we use plan um to travel unemployment by specifically regarding jewels and signing well. however, the government on was able to secure a parliamentary majority in november 2024. meaning that these programs are still

not in place. we will take time for them to implement them and to actually see if they are working on the employment reach. incentive goal setting spring, great talking to you on counting the cost manufacturing day to being with us. thank you. thank you for having me and have a great day i and that's all show for this break. if you'd like to comments on anything that you've seen, i'm at a fitting an on x twice. remember to use the hash tag h a c t c, or you can drop us a line counting the cost of a 0. don't net is all e mail address. as always, let's press the move you online at alpha 0 dot com slash ctc. that takes you straight to a page and then you'll find individual reports links at a time, additions for you to catch up on bucks it for this edition of counting the cost on every instead of going from the team. here though, how, thanks for being with us, the news on al jazeera dispatched

the escaping supervisor to your home and reaching for the store and ask and civil engineer, which means that transcend orders actually strives to soar. as an astronaut, she must 1st point to place a story of resilience on the bundle of sky witness. oh no. just the, the colleges when i have the right to boycott, anyone i want to and the state has no business getting involved in that. and 3 pod serious explodes,

the implications of us and people who called lowest the freedom of speech and 1st amendment by how many words would i have to exchange in this legislation? thing use it to flush free speech of anyone who supports black lives or is involved in protesting for environmental reasons. and it's like 10 word pod, 3, the template on out to 0. the serious precedence goes on the outside regime, loyalists 3 sorento off to flashing kill cellphones of people the i'm luis of hoping this is all just a life from so how also coming of us president donald trump directions move functions against russia,

saying he's considering large scale meshes because most covers pounds of ukraine on the box. the fields most radiate in the.