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tv   The Cost of Everything  RT  May 18, 2023 10:30am-11:01am EDT

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that in somalia, way it's people that hoping hill in that search fish presidents a runoff election scheduled for the end of next week and continue his backing for motherhood issue a good dentist if law takes us or the story this election might be happening far away from somebody else in the country. so if these presidential race, he's spending on social media that's offensive, that enjoys huge backing from somebody else because of the support we have to leave and they come to the turkish. people are brothers. they really helped us when we were down and i'm bounding by the world. i love true kia and i really hope and pray that are done when is the presidential election more than 10 years ago. but when talk to them, what seems to be assignment to somebody. and when they had told me is when he visited the people at the time somebody was facing us to be at the front of the wall and raise awareness about that. my job is
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people, and i see that you have to have them in one of the big hospitals and the copy told me which was named after he is going to answer that because he has anything fast. and the training on the 20000, somebody special says somebody has been back in 2006 and have a huge support from somebody a and many say he wins is re election into kia by welcome to democratic collections taking place into key itself, which has been contested by 2 political part, he says go square around those. and i really hope areas of hon williams because he's the best muslim leader and supports democracy. she has really helped us in
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somalia. the opposition might not do the same with the twins of air. their own spots he comes on top of it will be a victory for some all the 2 especially considering is the main support so far a military as well as our lead an economic bought put the code up the phone every way. somebody associates, electronics, to furniture and even some sort of snow on them. any somebody support present since the re election as they are happy. we talked to b as b, supporting the sofa, the international. well, that issue of the sides. our for the exclusive interview with a potential kingmaker and the upcoming tucker's presidential elections and run off, send them on. you can watch the full version of the discussion throughout the day here and on our website or the the com. here's some of what the leader of the mesh just move in. part of the i have to say on the importance of cynthia is independent for on policy. the yeah and the but it has them on the west is always want to
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distance between russian and turkey. and the pressure to keep on this issue, but up to now the other one administration has observed the successful direction on this issue. and with that, but the western leg of the policy was missing. we can establish normal relations with the west as well. and we continue normal relations with russia. our foreign policy understanding has no will to allow russia or the west to monopolize our policies that come in, that can either russian or the west should determine our direction to our direction should be completely determined by and car us. and we can do this and on i say no problem achieving this guy here for me. this for them be southern goodness. trickier does not intend to comply with the sanctions enforced by a number of countries against russia, but will be forced to join the restrictive measures if they're influenced by the united nations. how do you assess turkish ability to continue?
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it's the tense on sanctions against russia. full. so this, uh, this was on, they should this, uh, yeah, this is a sustainable foreign policy understanding. we cannot be enemies with russia or ukraine just because the west wants it. objective is we will not do something just because the west wants to key. it has economic concerns. and these economic concerns have a cost cycle. if we decide distinction. russia with the west to compensate our economic losses even if they compensated. why should we be forced to do with the west wants and they will see on, on neither russian nor the west have the right to dictate policy to us. as such, we believe this policy is a sustainable one. if i am part of the government, i will support this policy as we come at the end of the kind of that reaching 50 percent of the votes in last weekend's presidential by the now comes down to one of the take. so right off on the 28th of may, was in colorado, texas, needed way to apply that online, over this arrival can mount. so it's not all looks, but it's
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a photos of the mine we just heard from said, i know on who finished good is now eliminated from the rice, could improve vital wherever they transfer those who may well determine who these the nation di, info. and i'd say will be covering in depth that social next stage of the said fish elect the as or his sight to have your company. the cost of everything is a mix and will be back of the, the, the natural disaster stripe without warning. and when they do,
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the consequences could be disastrous for civilians as well as the local economy if they are not prepared for. earthquakes in particular are extremely disastrous, as they can strive without warning. and these earthquakes can be catastrophic events for cities, such as the case with turkey, which experience a significant loss of life and infrastructure damage as the buildings were not built to modern code that can withstand seismic activities. i'm christy, and you're watching the cost of everything we're today. we're going to examine the costs of earthquakes and what it would take for an economy to rebuild and recover the on february 6th target experience. earthquakes of $8.07 magnitude followed by more than $7500.00 after shocks and 2 additional earthquakes. this is the largest such
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disaster to hit the country and over 80 years, the regions affected have some of the highest poverty rates in turkey, and also host more than one point. 7000000 syrian refugees. the 2 earthquakes and february cost and estimated $34200000000.00 in direct physical damage in turkey, which is the equivalent of 4 percent of the countries 2021 g d p. recovery and reconstruction costs will be much larger, potentially twice as large g d p losses associated with economic destructions, such as loss of businesses, productivity tours and etc. well also add to the cost of earthquakes. and the total estimate for the cost of the earthquake has been around $84000000000.00, which is now 10 percent of turkey is g. d, p to $70000000000.00 is from damages to homes and building $10000000000.00 is from the loss of national income. and 3000000000 from the loss of working days,
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value in human life also becomes a tricky situation as it is related to a person's earnings. these are lower and developing countries like turkey. so translating lives into dollars becomes quite problematic in that context. however, this does not include human misery, which is the number of people who lost family and has left without power or clean water. however, these estimates also don't take into account the multiplier effect that reverberate through the supply chains. for example, turkey is a big supplier of stone, glass and textiles. the earthquake has now disrupted the entire supply chain, affecting many retailers like hugo boss, h and um, and many more of that seaborne training helps remain crippled. the 2nd multiplier pertains to how quickly and efficiently businesses get back on their feet after a disaster and the time lost before the cities can begin operating again. the 3rd has to do with what happens to the people who live in disaster zones. if they flee
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or evacuate, the local economy loses its labor base and the demand for goods and services in the area also declines. this is also the case in turkey when people are afraid to return to work in buildings, they believe to be vulnerable to collapse. and estimated 1250000 people have been rendered temporarily homeless due to building collapses. and over 50000 people died as a result of the earthquake. and over 500000 people had been evacuated from the disaster area. a 173000 buildings have so far been recorded as collapsed or severely damaged, including some of the newest apartment blocks of this has now led to urgent questions about building safety standards. modern construction techniques should mean that buildings can withstand earthquakes. however, the standards have been poorly enforced in turkey. in turkey, the government has provided periodic construction and the space which are
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effectively legal exemptions for payment of a fee for structures to be built without the required safety certificates up to $75000.00 buildings across the affected earthquake phones and southern turkey had been given these construction in the space, and even though $84000000000.00 is a heavy estimate, many suspect that the governments are under estimating costs in order to avoid further embarrassment when a government or business policy may be at fault for is less construction policies. so now let's bring in the patch category of principal at media motor international . so now what country is the most vulnerable for a big earthquake disaster? it's an interesting question. um, there are, i would say any concrete which is a mix to a quick folder have cannot quit cold. and it's densely populated. is more
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when the country heavy popular countries like india or bangladesh trying to i p no us, japan. they are very vulnerable to damage and loss of life, like from a not quick. they might be inadequate, which happens middle somewhere that there's not a lot of people that wouldn't cause a lot of damage to the live ition and their people got the most damaging. they're expected up and now this is perhaps one of the biggest natural disasters we've had in the past decade. why are we not hearing more coverage on this? why is this not well publicized here in the states? it's got to be the media. whoever picks up the story and stories was sharing the people to share. mean there's, there's almost 60000 loss of life, which to me is
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a huge number. and just so it doesn't happen to be live in the us. so if it doesn't happen to be in the us, it's not as much publicizing the us and people out of navigate for only so long for a story, and then the media has to move on. perhaps that's the reason they slot that on the side. however, the people who are on the ground leaving day and day out, they have to live with the consequences. and for them, it's not a shot. the media take a long recovery model and be here at the model are actually helping me the recovery process after they've changed it after i p r. do we do valuation of the houses that come to scan to ensure that there was housing either the green guy got them there to get a or the look at the damage and only
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a few things needed to be done or the address that going going to we are doing the successful so people can actually, instead of living in the shelters, can go back into their house. what is the most expensive natural disaster in history? and how does this turkey earthquake compare and rank against it? they are a few. it comes to the fact that she's the most expensive one, i would say was sure no, but it was in a natural disaster. now if you look in terms of the number of people, it was good to come in for me and let me share india. and then if you just want to compare the cost of that for the 2011 japan, wait for the device, you know, and i think cost is not a fair question to me because each concrete calculates cost differently for
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developed countries like us and japan. the cost of interest up to the higher the deductible the aust. however, let's say for example of turkey, the estimated cost of the data of the default value is what is being estimated right now. which is, and it has ended up in 50000 last supplies. however, in japan, the cost was $360000000.00 and they will only let about $20000.00 lights last to the, to me, cost is is not a good number to me the, the disaster should be actually waiting comes up and pressure turned off. and the loss of life down to data to the, the ga so now me in the, in the motion. so now me with the bigger disaster than that,
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the generic 2011. now click the disastrous, but it does a loss of light that was much bigger power turkey rebuild itself. now when they are already facing surging inflation and as franky economy and a huge mountain of debt. yeah. and the car and the mother to come back, but i wouldn't have a very, you know, very important get out of here. but to me, the international community has to come in and help us to be willing to exit aid from the biological and multinational agencies such as the last school b, u, n, u, s. c, j. in all the agencies that can come in and provide support to help evaluate and revoke maybe they can, maybe we can have it compared as impressed frontier or send me the impression to in touch location. and that you mentioned in may generate jobs and how the
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economy scenario was also affected by the earthquake. and yet outreach to syria was less enthusiastic because of the western sanctions on the country. what do you make of this? do you think you military in a, during these times of price, it's a trump sanctions or no? definitely. definitely the political human life and human life, your life in my life has the same value. just because my country a sanction told me that doesn't mean that my life christmas last year or if not and what city. all human beings had the same vision, extending the courtesy and be transferred to the same battery. if you didn't want to take it, we should do the same in q, and of course i'm talking from a human and engineering perspective. i've talked to some of your political
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perspective, but to me, yes, we should support you. yeah. because you care. thank you so much the past couple area, but please stick around. it depends on what we join us right after the break. and when we come back, the cost of natural disasters very considerably depending on where they occur. the economic impact is worse in or countries since the long term effects last longer. we'll have more after the break the,
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[000:00:00;00] the welcome back to the cost of everything. now the costs of disasters very
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considerably depending on where they occur. when a large disaster occurs in a wealthy country, the financial damage may be quite large. however, when a comparable disaster occur in a poor country, the actual financial damage may appear to be relatively small, but the long term effects will be longer lasting. for example, the 2004 indian ocean earthquake and su nami had a death pull of around 230000 people. but the cost of it was reportedly only $15000000000.00. in contrast, the deep water horizon oil spill in which only 11 people died. the damages were 6 full that of india's california also experienced a 7.9 magnitude quick and 19 o 6, causing massive destruction. and so now i'm is costing $500000000.00 in damages. the equivalent of more than $13000000000.00 today. now in japan, buildings that were sitting on a rubber of foundation with stood the great hinge and earthquake,
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which killed more than 6000 people. this technique, which is called base isolation, is used and roughly 9000 structures in japan today. thousands of other buildings in the country have been fitted with shock absorbing devices that can greatly reduce and the damages and prevent collapse. 87 percent of all tokyo's buildings have been constructed according to modern and ty, seismic standards, and the japanese governments has spent $1000000000.00 to build as world famous seismic alert system that can detect the peak of a quick, 80 seconds before it arrives. this is a central to give the people the necessary time to take urgent steps, like shutting off gas, stepping away from windows. sheila, china, italy, mexico and peru have all adopted the techniques to varying degrees. the conventional buildings use concrete. so when there is an earthquake, the building will split apart and collapse. but with base isolation,
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the building will shake with the ground, so they may sustain some structural damage. but it will not split since the base is still intact and will just weigh based. isolators are like shock absorbers between the building and the ground motion, letting the building fly back and forth. and having the vibrations travel up through the building, a base isolated building costs about 13 to 15 percent more than a conventional one. other technologies in japan include inflatable airbags that deploy underneath a wooden home when a large earthquake is detected. and newer buildings in japan are also generally stronger and stiffer than american ones, with so called resilience movement technology. this is designed for the structure to better withstand, earthquakes, japan and the united states are 2 of the world's most technologically advanced countries who have responded very different ways when it comes to earthquake protection. japan's government mandate that have built stronger structures capable
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of with standard earthquakes and being used immediately afterwards. this is also due to the much denser population. but the us, on the other hand, sets a minimum and less protective standard with the understanding that many buildings will be badly damaged. but that's what insurance is for. this way of building allows builders and contractors to spend less maximizing their profit margin on the ability, which is very in line with the us as capitalistic culture. the american approach has the risk calculation and assumption that a building will be used for 50 years before being torn down and replaced a and a severe earthquake. most american buildings are designed to crumble like a car and a head on collision, dissipating the energy of the earthquake through damage with the goal of preserving lives. there is an estimate at a $175.00 base isolated buildings in the us, mainly museums, hospitals, and order buildings in san francisco and los angeles,
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notably, apples, new headquarters and silicon valley has a sliding mechanism in the ground for earthquake protection. nearly $700.00 support con, sit on top of steel, pucks that sit on top of a massive steel saucer. when an earthquake hits the puck slide across the saucers as much as 4 feet, the net effect is that the ground jolts, but the building moves significantly less. and far more, let's bring in again, the patch cut the area principle menu model international. now depends if the same earthquake that hit turkey hit japan or california, how much damage would you anticipate? would there be the same number of lives lost in being that the belief in california and the belief in japan are designed and built to understand the existing turnkey at the back the cold and you were from japan
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has been constantly be updated. been better knowledge of the buildings are built to better stand there. stand out that every 2 years we have a new cold and in california, and there's an improvement in the cold every 3 years to the buildings are the standard. i don't believe the building continue to be the same standards of. ready getting better key in you, for example, um in the people infrastructure that lead to so be a better building our buildings or benefit and much better. we do liabilities for like 5950 means you'll be able to leave the building if the quick like they say, hopefully they won't come out. that's what the calls are for our if it's got a 100 percent guaranteed. but most of the building for the right people are going
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to get out. some of them are going to collapse specially believe that will build in the 19 seventy's or the stream exist. and if they hadn't been fixed there been a clack. and they may be some loss of life over there. but generally the question will be very less loss of life. they might be monitoring damage, be more monetary damage to the light. so like most likely, and how much will it cost turkey to now rebuild at city? would they have been better off investing an earthquake proof technology in the 1st place? easy, yes. easy under the should have been investigating the they have actually maybe improved the course of the 2000 but the practice is need to be improved. so that should be part of the quality control in the field for building new buildings, making that building properly there. they are put together in the band
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with the best way to to district way and they should be standards implemented for construction. the buildings have done that will build before 2000. what do we do? we go in there, just click on the last. however, the building that exist, this should be political, real goal and back to fit those buildings to save lives. and i want to know the phone number and what the cost would. ready from what i understand the disasters about it is estimated about $84000000000.00 at this time to the cost the, the going to be about the same. about 60000000000. it's going to be fine pressures and reconstruction and about and the rest of the money. we just lost people out of work and such do you think are quite safety standards should be federally mandated to save lives? or do you think this is
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a decision for the builder and for the bottom profit line really should be the federal government be bordered by the people and the people to decide if they want to name all the work in the building or not. the people been bad because if it's not the people, then you have the co mentor can only push the engine, got so much color with people like you and we have towards the government and so they can the mac and the existing conditions. no, you should be equally between the. ready gives you the data on the links for a long time. they buy the day to,
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to 5 to 10 years. so they don't have it on the call and change that the old building and they can be made for that. and that's the beauty that is required on the building for a long time. and during that time, whatever happens if it's a form that i would like to get is a combination of the board, the tracking and binding and to build as well. it has to be a combination of work. thank you. so last a past cafeteria for joining us today. after the devastating 2010, haiti earthquake relief workers and international a poured in to help the country. but that actually became a huge problem when there was a lack of coordination among the 8 organizations. many of the workers were inexperienced and there were no rules and coordination between all the parties. and that made it extremely difficult. while there are no real winners when a natural disaster strikes, at least we're all much better prepared this time around to provide aid. over
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$102.00 countries had offered assistance with at least $74.00 international rescue teams deployed. turkey has also cultivated a reputation and be a global leader in humanitarian aid. so this time around, it enabled greater control over where deliveries go. well, fostering direct engagement with local and national authorities, and hopefully going forward the community will learn their license and invest upfront. and better construction standards that will not only save lives, but also costs less in the long run when the most unexpected happens. i'm christy, i thanks for watching and we'll see you right back here next time on the cost of everything. the,
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the the see a little bit of glib. see that out of the support that there are certain for the russian has given us. we now stand out as an island of stability and peace. uganda finds the loss of supposing to see it after go while a group of countries from 9 continental book voted for 10 soup piece initiative for the grand convict. and then moved confirmed supply. most of those 12 different mind somebody's a 50 molding sims of a death cold in came yeah discovered as relative express concerns about then missing family members. says me that she quoted you all kinds of i have those 3

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