access to electricity and clean coking and that's the bottom line of a new report by the international energy agency around half of all africans did not have access to electricity in 2018 and as africa's population grows well so is demand for energy africa is the world's most sun rich continent but despite possessing such huge solar energy potential the continent has less than one percent of global installed capacity around 5 gigawatts the international energy agency says to provide everyone with solar energy africa would need to add 3 times that every year until 2040 years when power production would also need increasing around 2.5 percent of the continent's g.d.p. $120000000000.00 needs to be invested every year in power infrastructure the i says that can be done pointing to china and india's development over the last 2 decades . africa's growing energy needs are linked to its rising population by 2040 it will be home to more than 2000000000 people. around half of all africans some 600000000 people do not have access to any electricity today the current investments in energy infrastructure are una

the international energy agency says african nations need to get on their horses to fund power generation and you study suggests that under current targets some 513000000 africans still lack electricity by 2030. about 120000000000 dollars each year to bring electricity to everyone. as many african nations are pledging to energy production. africa's rapid population growth will lead to economic expansion but only if there's enough energy to power it. and most countries have already failed just to keep up with demand half of all africans do not have access to electricity in many places people wait hours just for a tank of gas power disruptions are a way of life for most companies in sub-saharan africa cutting profits and slashing growth. that's why many nations are redoubling their efforts to exploit oil reserves just this week said it was ramping up exploration off of south africa and ghana said it was easing restrictions to make it easier for companies to do more exploration in fields in the gulf of guinea and gold as fuel agency has formed a consortium with 5 international oil companies

energy to begin working on the centrifuges starting from tomorrow. just like the previous ones that is reversible. be conducted under the supervision of the international atomic energy agency. a nuclear deal was signed between iran and 6 other parties in 2015 after almost 9 years of complex negotiations iran promised to stop its nuclear program in return for international sanctions relief last year the united states decided to withdraw from the deal and reimpose a range of financial and economic sanctions since then european countries and iran have struggled to keep the agreement alive. for more on this let's go now to hooshang mahdi the president of the iranian american council thank you very much for being with us here on our international my pleasure so how important is this move by iran i mean does it mean that the iranian nuclear program is fully back on track. not yet of course the longer they wait to go read on the. 2000 pipkin but it's signed j c it had almost 200000 kilogram up and do you choose. a time over to any tiles and punch if you just runny tide. through the operation of and so on and so forth and the tide heavy water. was in full operation now you are tal

energy to begin to working on the centrifuges starting from tomorrow. just like the previous ones that it is reversible our work will be conducted under the supervision of the international atomic energy agency. the nuclear deal was signed between iran and 6 other parties in 2015 after almost 9 years of complex in negotiations in iran promised to stop its nuclear program in return for international sanctions relief. why steer the united states decided to withdraw from the deal and to reimpose a range of financial and economic sanctions since then european countries and iran have struggled to keep the agreement alive for more on this let's cross it now live to ken stone of the hamilton coalition to stop the war thanks for being with us here in our 2 international so the iranian president said this additional enrichment step could be reversed however iran's supreme leader has publicly ruled out new negotiations with the u.s. unless sanctions are removed is either side going to blink. well i'm glad you pointed out that the it was the u.s. and not iran that abrogated the j c p o a iran spent many years negotiating this deal at a cost of millions of dollars and actually billions of dollars of los

the international energy agency says global oil demand will curtail in 2030. it says the growth rate will hold for the next five years. the iaea sees lower demand in the 20 30's. -- in the 2030's. public anger by calling on demonstrators to give up and go home. his comments saw a new surge of unrest which claimed the first death. that if protests continue, lebanon could die. protesters set fires across the country. they demand the removal of corrupt leaders. global news, 24 hours a day on air and at tic-toc on twitter, powered by 2700 journalists and analysts in more than 120 countries. anna: thank you very much. ceoext, we speak to the next, this is bloomberg. ♪ anna: welcome back to "bloomberg markets: european open." we are expected to follow the asian markets into the red. business tracking toward the top end of the new profit guidance range. this comes as the airline reported first-half profit up. joining me now is jozsef varadi, ceo / co-founder, wizz air holdings. clarify for us what you are trying to communicate with this push higher in the guidance? j

nuclear watchdog inspector one of the international atomic energy agency staff was briefly detained last week and had travel documents seized it's believed this is the 1st such incidents since the nuclear deal was signed in 2015. from to have. the latest incident about the i.a.e.a. inspectors being briefly detained in iran what happened last week when this female inspector was entering that tense nuclear facility according to the authorities here she was discovered with what they're calling suspicious material and she was then briefly detained and later her credentials were taken away from her this comes at a time when iran is scaling back its commitment to the nuclear deal which has placed about 150 i.e. inspectors inside the country the iranian president hassan rouhani announced the 4th phase of iran scaling back its commitment and that is the restarting of 4 grow nuclear facility now this is a facility that has the capability to enrich uranium up to 20 percent and under the nuclear deal of 2015 this facility became a research facility only but as of thursday no longer is one it is now

the international energy agency says global oil demand will likely plateau around the year 2030.t says the current growth rate of 1% will hold for the next five years. but they see lower demand growth in the 2030's once the use of oil-based fuels in passenger cars has peaked. in lebanon, the president has sparked public anger by calling on demonstrators to go home. his comments saw a new surge of unrest which claimed the first death. he urged to stop being negative, warning that if protests continue, lebanon could die. protesters reacted across the country, restating demands for the removal of corrupt leaders. new delhi is choking once again. the air quality reading rose above 400 on tuesday, eight times the internationally accepted safe level. wind is blowing from the northwest have brought smoke from burning fields in nearby states, pressuring the government to find a solution. world health organization data last year showed india had the 10 most polluted cities in the world. global news, 24 hours a day on air, on tictoc, and on twitter, powered by more than 2700 journalists an

nuclear watchdog inspector one of the international atomic energy agency staff was briefly held last week travel documents were seized iran has since cancelled the inspectors accreditation it's believed this is the 1st such incident since the nuclear deal was signed in 2015 on weapons to iran began the process of injecting uranium gas into centrifuges at his ford or plant it was observed by inspectors from the i.a.e.a. such a body has more now from tehran. the international atomic energy agency has been holding a special meeting on their wrong on thursday in vienna to discuss the latest developments when it comes just announced it's about its nuclear program the meeting that's also been discussing the treatment of one of the spectre's in iran that is because this inspector who is one of 150 inspectors that passed through the country's nuclear facilities on a regular basis she was briefly detained last week before entering the natanz nuclear facility for allegedly having suspicious material with her there when ian's briefly detained her and then she was sent out of the country this tr

the international energy agency says global oil demand will likely plateau around 2030.s as the current growth rate of 1% will hold for the next five years. says lower global demand growth once it has been. the president of lebanon has sparked public anger by calling on demonstrators to give up and go home. his comments out a new surge of unrest which claimed the first death. he urged people to stop being negatives. he warned lebanon could die. demonstrators reacted by blocking roads and setting fires across the country, restating demands for the removal of corrupt leaders. new delhi is choking once again. the air quality reading rose above 400 on tuesday, eight times the safe level. wind blowing from the northwest brought smoke from burning rice fields, piling pressure on the government to find a solution. the world health organization data shows india has the 10 most polluted cities in the world. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. ♪ nejra: thank y

percent of the globe's proven reserves its prospects should be growing a report by the international energy agency predicts revenue to hit nearly 5 trillion dollars in just over 15 years time and optimistic estimates set back by years of conflict but you get the picture just months ago any joy in sex on a b.p. were fighting for the right to build a pipeline in the country with tens of billions of dollars at stake and yet a reality for most of the rockies is bleak last year iraq was ranked 168th out of under an 80 by a corruption index but for people surviving on a day to day basis that's one of the smallest concerns the world food program reveals more than half of iraqis are at risk of food insecurity with unicef figures last year showing one in 4 children living in poverty even the u.s. secretary of state agrees things aren't great and it was washington who built iraq's modern political order the iraqi people deserve genuine accountability and justice the government of iraq should listen to the legitimate demands made by the iraqi people so what happened former u.s. defense secretary robert gates

percent of the globe's proven reserves its prospects should be growing a report by the international energy agencypredicts revenue to hit nearly 5 trillion dollars in just over 15 years time and optimistic estimates set back by years of conflict but you get the picture so what happened former u.s. defense secretary robert gates stated on a visit to baghdad that a new era was just. around the corner more than ever i believe the goal of a secure and stable and democratic iraq is within reach almost 12 years on things couldn't be further from the truth to make sense of postum to mention iraq and where exactly is grievances lawyer let's speak to nicholas j. davis author of blood on our hands the american invasion and destruction of iraq mr davis thanks so much for joining us today good to have you with us now these protests they've been going on since mid october where they show no sign of slowing down indeed there's been a government crackdown condemned by many organizations where do these grievances that law i that are spinning out would such violence all over the country the people of iraq you know

p. 4 plus one of the step this new action will also be under the supervision of the international atomic energy agency. across town to tehran or dorset jabari is live for us with force of this announcement what does it mean overall for where ron's nuclear program is headed. well it means that iran is going back to what it had in terms of its nuclear activity prior to the 2015 nuclear deal that it signed with world powers the for don't nuclear facility has always been a very sensitive one because it is the only facility inside iran that is able to produce 20 percent enriched uranium and that has been always a point of contention with the international community because they say iran doesn't actually need to enrich uranium at 20 percent and to go from 20 percent to 90 percent is not a very long stretch if you have the know how to do how to do that to know how to do that then you can also produce it at 90 percent but this is the only facility that can produce 20 percent enriched uranium and under the nuclear deal of 2015 this facility became a research facility so it was no longer enriching uranium and t

. 4 plus one of the stick this new action will also be under the supervision of the international atomic energy agency. closer to tehran our daughter dorsetshire par is live for us. was this expected that iran would keep continuing basically at this pace since the u.s. withdrew from the deal. well no we knew that iran was going to scale back its commitments this is the 4th step that they have been just announced but this is by far the most significant one that's because the 4 don't nuclear facility which is just near the city of all was always a controversial one it was revealed to the international community in 2009 by the iranians that after the u.s. intelligence services said that there was a secret facility that our own was working on but before anybody actually made that public the iranians announced the existence of this facility now this is the only facility in iran that is able to produce that much debated 20 percent enriched uranium for joe has that capacity and the president today announced that because the united states withdrew from the nuclear deal and the european signatories are not doi

the international energy agency says the forecast for a peak oil price is still hoping to change based on future government policy. it expects global oil demand to plot to around the year 2030. the executive director told bloomberg that much will depend leadinghe world's government choose to manage their country's energy. >> if the governments take much stronger clean, efficient thenologies, we will see peak will happen earlier. the governments go in the other direction, we might see peak later. su: hong kong is facing continued protest disruptions thursday morning. ordered allnt has public schools to shut down for the day. it is the first time it has done so since the unrest began. on wednesday evening, right police cleared the streets -- the riot police cleared the streets throughout the city. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am su keenan. this is bloomberg. slowed: china's economy in october signaled the policymakers failing to boost output. retail sales missing forecasts. fixe

nuclear watchdog inspector on wednesday it briefly detained one of the international atomic energy agency's staff and seized her travel documents it's believed it's the 1st such incident since the nuclear deal was signed in 2015. 3 african countries at odds over a multi-billion dollar down project on the blue nile say they hope to resolve the dispute within weeks the u.s. is mediating the talks and foreign ministers from egypt ethiopia and sudan are in washington for talks egypt fears the construction of the renaissance dam in ethiopia will restrict the supply of water to the nile river but ethiopia says the hydroelectric dam is crucial to its economic development mike hanna has the latest from washington d.c. . well it came as a surprise when the foreign ministers arrived in the white house for talks with president trump there'd be no prior notification whatsoever and news of the meeting was only confirmed when the president himself tweeted a photograph with the foreign ministers after the talks had taken place he said that the meeting went well and that discussions would continue the 3 fo

fischer reporting live from washington alan many thanks indeed well on thursday the international atomic energy agency met to discuss the latest developments out of iran including the brief detention of an inspector from the u.n. nuclear watchdog al-jazeera store such a bari is in tehran. the international atomic energy agency has been holding a special meeting on their wrong on thursday in vienna to discuss the latest developments when it comes. down cements about its nuclear program the meeting that's also been discussing the treatment of one of the spectre's in iran that is because this inspector who is one of 150 inspectors that pass through the country's nuclear facilities on a regular basis she was briefly detained last week before entering the natanz nuclear facility for allegedly having suspicious material with her there when ian's briefly detained her and then she was sent out of the country this treatment is now drawing condemnation and the e.u. has issued a statement saying they're deeply concerned about the way this inspector was treated this all comes at a time when tensions are high abou

i hearken back to the words of the folks like the international energy agency in paris. he called this a game changer, and we feel strongly that it is as well, so we are going to continue. to work with the irs o finalize the rolling and we're also going to work within the department of defense the to technology so that it becomes more efficient and cheaper. that is what we really need to do. >> that is right it is a game changer if wewh make this work e will be able to capture the co2 on things like the coal-fired electric andnd others. that isn't just something that will happen in the united states, it will happen around the world. it's a big deal. and of course you are right to point on it. and then the last question is regarding the national nuclear labs and making sure that we continue to advance that work on the plutonium pits and the other things that nobody really needs -- the military needs forget about is whether it is the lrs, replacing the outcomes, the icbm, all those kind of things, your commitment to doing that. >> we are absolutely committed to doing that.

the international energy agency says the global oil demand will plateau around the year 2030. the current growth rate of a hundred -- one million barrels a day will fall to 100,000 barrels a day in 2030. the report says global greenhouse gas pollution has risen for a second year, putting the world on track for further increases through 2040. police kong, where the warned that the city is on the verge of total breakdown. on with protests rage further disruptions to the transport network on wednesday. demonstrators set fires at several locations on tuesday and clashed with police at the university campus. the unrest is hurting the economy. the hang seng index falling below the 27,000 level. leader. senate majority is vowing to press ahead with legislation that supports the pro-democracy protesters in hong kong. this has some senators say they are growing frustration with the chambers back of action. he denounced beijing's insatiable thirst for control. that is the quote. areaid it -- they undermining hong kong's autonomy and suppressing protests. global news 24 hours a day on ai

gas into centrifuges it's at its 4th all plant was observed by inspectors from the international atomic energy agency al-jazeera store such a body reports now from tehran. the international atomic energy agency has been holding a special meeting on their wrong on thursday in vienna to discuss the latest developments when it comes. down since about it's the clear program the meeting that's also been discussing the treatment of one of the spectre's in iran that is because this inspector who is one of $150.00 inspectors that passed through the country's nuclear facilities on a regular basis she was briefly detained last week before entering the natanz nuclear facility for allegedly having suspicious material with her there when ian's briefly detained her and then she was sent out of the country this treatment is now drawing condemnation and the e.u. has issued a statement saying they're deeply concerned about the way this inspector was treated this all comes at a time when tensions are high about iran's nuclear ambitions this was something president hassan rouhani even predicted himself when he announce

increasing its enrichment of uranium breaking its commitments to the 2050 nuclear deal the international atomic energy agency confirmed and richmond is taking place at iran's underground plant to one of the most significant breaches of the deal to date the e.u. says it's extremely concerned about the violation for us president donald trump pulled out of the iran nuclear deal in 2018 and then started re imposing sanctions against iran in may iranian president hassan rouhani told his country's atomic energy organization to start rolling back its commitments under the deal in july terence said it planned to cross and richmond limits and confirmed it was stockpiling more low enriched uranium than was allowed under the agreement and last week iran declared it was enriching uranium to 5 percent that's a level that means it can be used for nuclear power and is in excess of the limit outlined in the 2015 deal well hillary ban leverett is a former u.s. state department official she says it's a calculated move by terra. i think it's intended by iran to raise the stakes intended to force the united states to force the

the international energy agency is out with its annual outlook, and the iea sees disparities in the global energy system, and is protecting the boyle demand to hit a plateau around 2030. take the governments much stronger, clean, efficient technologies, and push much stronger, we may see the peak hit earlier. but at the same time, if the policies of the government's going the other direction, we may see peak comes later. alix: 20 me from london is annmarie hordern. what was your biggest take away from this report out of the iea? this is yet another gloomy outlook for oil demand, similar to the aramco perspective out of the weekend. another key thing for me in this report, they talked about china and how chinese consumption really starts grinding to a halt in the 20 30's. i think what is interesting is the timing of all this. the big things that this might cast a shadow over, first, the aramco ipo. it is quite a sensitive time for the kingdom. we have the book building process, going out and pitching to investors to buy into the state owned oil giant when you see that we could possibly see

the international atomic energy agency says iran is acting unlawfully. the u.n. watchdog calls the islamic republic's actions a provocation. >> the iaea has detected evidence of potential undeclared nuclear material in iran. iran has no plausible explan

don't think europe will change, and declaring that we wanted a written report from the international energy agencytimately, the best thing we can do is have more eyes on iran at the moment, and at the moment the europeans aren't as supportive as we would have hoped. >> bret: you are also the former treasurer, and you have a lot of experience on the world economic stage. you've expressed some disappointment in trump administration policy when it comes to trade and specifically trade in china. what are your thoughts on this and the prospect of actually getting across the finish line? >> the bottom line is that trade makes countries rich. america became rich because it engaged in free and fair trade. president trump is right to demand that there has to be fair trade and there needs to be reciprocal arrangements and the best interest of everyone. but at the same time if we don't want to end up with higher taxes on everything we buy, if we don't want to end up with restrictions on the things that we can buy them we should all be advocates for free trade. ultimately, tariffs and quotas mean that our con

fati but role at the international energy agency in paris. he called 45-q a game changer. we feel strongly that it is as well. we're going to continue to work with the irs to finalize this. we'll work with the department to advance the technology so it becomes more efficient and cheaper. that's what we need to do. >> that is right on. it is a game changer. we make this work. we're going to be able to capture co 2 on things like coal fired. that's not just going to happen in the united states. it's going to happen >> around the world. >> you're right there on point on it. the last question i have is regarding our national nuclear labs and making sure we continue to advance that work on the new pollutenium pits and the other things our military needs to upgrade our nuclear capabilities, whether it's the lrs sole, replacing the al kemz, the icbm minute man update, your commitment to doing that? >> we are committed to doing that. the posture review requires that we make 80. a part of the d.o.e. is committed to that. we're working closely on how and where to do that. we have an

the international atomic energy agency. wants to promote a safe and peaceful use of atomic energy.s concerned with health these are different priorities but the 2 organizations are working closely together. for example together with other u.n. organizations they are compiling a report on the health consequences of her novel. i'm a critic. and they. tended not to invite critics for their 2 reports one an environment the thing was that the would be whole series of informative is going on between w.h.o. and i i quite senior level very senior levels. and they would. predetermined what the line they would take that's why they had a w.h.o. struck. me and riana in 2005 over 2005. this is a this is what we're going to do. the trouble was that many many people came. near out works at the w h o she is responsible for the risks of radioactive contamination i deliberately make an appointment to see her in paris the press department won't get in the way here to make sure she agrees to see me i don't tell her what i want to talk about until we 1st meet. is like. saying that there has been one. t