Theyve told me that yesterday theyve made significant gains theyve entered the western gates of sirte now thats known as an area the checkpoint 30 which is 30 kilometers west of sirte they have entered and are in control of this area they have also entered one of the al jazeera which is south of sirte this is a valley a valley of john of which is a natural a natural barrier of sorts so this is a lead into g. And a thats the internationally recognized government of National Court control of sirte weve we can see that the red or the rhetoric among g. N. A. T. Politicians among among the military officials here has has changed and thats because they are now in a position of strength they feel weve seen drastic drastic changes since the since the support of turkey to the g. N. A. T. Several cities the stronghold of of to huna belonging to warlords leave to have to was taken and so theres a significant change and position for the g. N. A. T. Now there are in in the southern. Southern suburbs of sirte and waddle jarret and these are forces that know suit very well theyve theyve theyve they fought in syria in 2011 against the late wall more gadhafi they also fought in in liberating for what they say liberating sirte from desh thats i saw in 2016. On to other news in the u. S. City of minneapolis is promising to dismantle and rebuild its Police Department in response to the death in custody of george floyd which sparked protests in the u. S. And around the world peaceful marches did continue late into the night in los angeles troops from the National Guard and left the city as they have elsewhere after violence and looting subsided theres been a protest against Police Brutality in kenya after a report by a police watch dog said officers were involved in the killing of at least 15 people during the coronavirus lockdown since march the report also accuses police of harris meant assaults robbery and Sexual Assault a number of reported cases of corona virus worldwide has now topped 7000000 but many countries have started reopening india is one of them despite reporting a record high of almost 10000 new cases in a single day bases of worship in new delhi have reopened Shopping Centers and restaurants are also back in business and the number of cases in neighboring pakistan has surpassed 100000. 00 the infection rate increased after the holy month of ramadan ended and markets reopened most schools in south africa reopened now since march students have been taught at home those in their final years of primary and secondary school are now allowed to return and new zealand has declared itself free of coronavirus all restrictions are being lifted except these stringent border controls as it spread record be around the world we also people losing their loved ones and their livelihoods at a rate that was Never Acceptable to us. And so here in new zealand we went hog and really with a single plan that had to do. To protect lives and to particular livelihoods that most new arrivals into britain are now required to put themselves into quarantine for 2 weeks plane ferry or train passengers including british passport holders must give an address where they will self isolate well they could face a 1200. 00 fine we have got a special documentary lords of water coming up next on aljazeera. If you dont it is out of print preshow something to keep secret constitution plebeian off on so much wrong dont get out your book wont do the accounts duty which you did on my little time with the press if rising norwoods across the u. K. London 39 degrees breaking the july record well you have. Got a lot in the mind of i think like a 1000000 Lehman Brothers got involved and were going to go out for good gold and all dogs to. Make equally tell you. Some of the good we should do we dont i dont know a specific term to measure. Some a 29. 00 team in europe illustrated the urgency of the Climate Crisis which claimed its 1st victim. Water. The demand is going straight up and the supply is going straight down i mean it is dark its stark. I mean do you know when im granting or not yet the community on the money does you know money is going in a van going from is nearly 2 thirds as a matter of fact in my research at the pharmacy ive seen the homes destroyed while all this my due to the climate on the brink. Today 70 percent of the earths pure water is used to human consumption. It has become the most coveted resource on the planet. We. Are not doing anything because water to die and say hey you go. You wont be wearing any clothes you would be using my golf on you might be driving in a car might be living in a house you might be having breakfast you might be having lunch be having dinner. Water is in pay for things that we do you know. To Save Humanity wall street wants to start a revolution. Make water profitable and create water markets Just Like Oil markets. Water falls from the sky therefore should be free whenever i hear that i always say diamonds are current nature and theyre not afraid. Its a Financial Product like any other Financial Product montes in china youd be a lot of the aussie on the way around i dont want to my late father or i can only 5. 00 like a little box that you just at the beginning of to some. Water financial revolution. The blue gold rush has begun to anyone stop. The human right to water means that its not a charity its an issue of justice. This is the issue of our time this is the crisis of our time. With financial pressure on human mobilisation rising the battle over water has already begun. Who will come out on top the planet the people the markets. London the Financial Capital of europe. Here is where the relationship between water and finance 1st began 30 years ago. At the time it was simply a question of commending the virtues of privatisation at the time it was Margaret ThatcherPrime Minister of the time who championed the cause of the time the administration was on now that i was more time in the benefit of the illuminati tonight not. That im out of time highs nation i believe well go then he said says really indeed. What happened was the entire system the entire physical system as well as the concession was sold to the private companies. Every drop of water in the ploy this is private commodity. One of the 1st think some of the killed at least it was to stop cussing off would spoil the people he had paid the bills. The number of people whove had their water cut off for failing to pay their bills has almost tripled in a year. One company for example disconnected 11000. 00 customers and the service the company was concerned. They could stay disconnected if they didnt pay their bills they didnt get any water. Come back now to talk about. How far do you have to come. From the childs. Life you think you have to make this journey that they just come down to. This. I mean you could have drank anything but it just took things. We didnt even have to care for this during the last song. I said to myself its the sky. From the market perspective but doesnt the market can careless if people died of cholera really thats not a joke their job is making money and lived on that very well. Finally 10 years later a law is passed that prohibits companies from cutting off the water supply to those who havent paid their bills. But this is not enough to turn the finances on the contrary. In the early 2000 and new generation of traders and to the world more namely private equity funds or vulture funds. Theyre hungry and completely unaccountable. They may be from which have a 10 year life and they therefore they need to get their returns over that decade that they will be viennas and then they need to find a new way. Say you have a lot of International Investors people who may never have been to a water plant in yorkshire talk or baby. Never been to yorkshire before this is a wonderful business and truly sick links you dont need to do anything about water and you dont need to care anything about. The new owners arrived from canada hong kong im a lazy. d in london thames water Distribution Authority that covers 20 percent of the country is booked by the australian based mcquarrie finals. I was aware of mccoury i mean they were quite a famous institution in australia where theyve been known as something i think they were called the millionaires factory because so many people who worked at mccoury became very rich as a result of the bonuses that they and. But cory were one of the 1st private Equity Companies to save these are good places to be one of the simple reasons for that is if you observe there is and is going to be population growth. If theres population growth theres going to be more water to dr. David hall is the man who revealed this was a scam. In 2017 he published a study in which he detailed 30 years of abusive practices. Rising buildings soaring dividends to shareholders and tax evasion. A caricature of financial companies. We ended up polluting a belt. 2. 5000000000 pills. Was being taken else of the system but private capital now a 1000000 reason for that was that the dividends they were playing themselves were very very regular so these companies were perfect cash machines they still are they still. Everybody believes correctly that we are being swindled by the world is. What david hall study then did was it said is this really how you think that essential services should be bloated i think is the best way by financial interests so aggressive. The australia based mcquarrie finals was the thames water just of the time. When it sold its function to the company in march to just to. Acquire uses it had just over 13000000000. 00 of debt somebody at that point will have to repay all those boring well theres any one source of money in the whole water industry and that is the custom and when the customer has to repave its borrowings that will affect the charges they have to pay and of course the owners will never return the dividends theyve taken out those have just gone. I think they take a view that this is. Affected in this crime. The funny thing is that you case experience with the privatization is no one else in the developed world has done it its a one off and sometimes you have to ask yourself why is. Today over 80 percent of britons would like to go back to a time when water was a common public and essentially free resource. But this concept is slipping away. The. Reins sweltered through a novel 24 hours of extreme haze of a night it barely dipped below 30 degrees in many parts of the spike with temperatures soaring into the need to hide the reasons for that was. Really not the right or the catastrophic not the rank of the writer of the story it remains a strangely hot topic tonight with him because things are going about. Right. Australia on the frontline of Climate Change. Here and drought is a part of everyday life. In this parched country australians are getting closer and closer to tomorrow as well. A world where water is a scarce and expensive resource. Is a dairy farmer who lives in New South Wales one of the driest regions in the country. For many months now his reserves have been empty. The only solution for feeding his animals is to buy extra water from the private market. Although you know if. You go. To die to run just for my kale cost me close to half a 1000000. 00 for 12 months of oil 500000. 00 can you afford that it would put a deal this trying on us if we if we did it a great deal a strong. Like we now if im in the last 3 months its already spent 1000000. 00 on water oh. Well. A storm could come straight tomorrow up at all at today so its theyve spent the money but still a game where the whether its going to work on the. Which basically the chaos alarm goes weve told the board to grow crops for the camps. We cant afford a real lot of grinding out there getting very little or not a grind at all at the moment. Side theyre producing. 50 percent less than what they should be but hes told me. Its just. Sawing saval i keep going. And i am trying it out the other end of it. Strike by the mikes and helping each other out and now its a little like dog eat dog world at the my space with with the waterfall a c. It has become like. It is bought and sold with a single click thanks to mobile phone and an application connected to the market available 24 hours a day. Its price changes day depending on supply and demand. Its there aka touching a compatible fate in a bar can easily. Not lay so good that money. Once the transaction is approved there are a geisha china valves open automatically and poor out millions of liters to customers those who can pay. People are just taking water from us and its a law of exciting effort from a 5 or. Why we doing it the next year the reviews of full and the we dont have to go back on to that ive been mocked at the border again will it happen. You must apply russian roulette. To combat water shortages the Australian Government has chosen to ration. Each year it allocates a quota to the major water consumes fountains industrialists and cities. This is calculated based on activity existing reserves and weather forecasts. Along with this new law called the water act water markets have been created where anyone can come and purchase additional rights or sell some of the. Value of coal as the market is changing and there are of a couple ways that we must know i dont judge or market mining i may say trading really happening around 475 to 495 dollars i need a margin reminding from the waterfront thanks kate look forward to hearing from you in just 10 years the water business has become the new el dorados the turnover of 2000000000 dollars a year morning yet i am not a top 1st thing. I want to find is the worlds leading water Stock Exchange was because they work with the mega liter a unit of measurement equipment to 1000000 liters. Some are called me the water market piney. Like to say that im a pioneer in the world. I was 4 years ago and i wanted to go since i still have a chance to transfer these i only got i think yeah its 6 weeks. So i will reset that a guy and then imagine the negligence that we secured that so many transferred 250. 00 eggs plus the side prices to die around the 500. 00. Maybe later all mean latest youve got. Is i think its. What 500. 00. Was that 300 euros 350 euros for 1000000 liters of water. Its pretty cheap when you look at it from that perspective. Isnt it a good thing that way a family putting a value on this resource because in putting a value on it were going to respect that will. In this new world every drop count. Water is no longer a Natural Resource but a commodity. In the world the water markets the key players of the Agricultural Industry as is the case with webster the countrys largest producer the about. The directors of this company are among the richest water. At the head of a reserve worth more than 200000000. 00. The oms a mass count of 8 and exported all over the world in relation to the amount of water used this is their most profitable cross. On this farm Brendan Barry as the title of water manager. This is a new area of expertise. That. That some would call any. Well you know what ready. If youve got now i may be here theyd be up in a tie to meet in the final. But the nonpareil of the real number of. Days i will not figure in that but they may sell that far from pretty much wiped off some of the mosquitoes and the old. Days used to market one on. The total value of that water is more valuable than all the land we hold of the plant and equipment over the last talk that we hold. The water market in this area this year has gone from about 320. 00 per make a little to have a 700. 00 per megawatt hour and thats in a period of a ground 5 months. And that will probably double the process but thats how it works. June on algis in 3 years into the blockade we look at the future of the g. C. C. Crisis in part on life and caught up people in power is back with more investigative documentaries and indepth stories as the world battles the cologne upon the next aljazeera brings you the latest from around the world a new tea Party Investigation asks whether water should be a free Natural Resource or a commodity traded for profit as protesters take to the streets in the country but those calls at 19 cunt donald trump survived these historic challenges. To announce his era. June 9676 days there redrew the map of the middle east this week my record of victory of the israeli army in that war was the greatest tragedy in the history of islam 50 years later aljazeera explores the events leading to the war and its consequences which is still felt today we tried everything went to the United Nations and tried mediation contacts through Different Countries and it was clear that all this was just all of the war in june. Short films. And inspiration. Stories of 3 young women challenging the world around them. Just 0 selects. Loads of water is coming up but 1st well check the headlines for you and the speaker of libyas palm and the one based in to brooke again osama is in moscow for talks it comes as forces of his ally the world Khalifa Haftar are losing grounds to the un recognized government they are pushing towards the strategic city of sirte after had announced a cease fire in the weekend but that was rejected by that government in tripoli but it china with more now from a grain which is about 140 kilometers west of sirte ive been speaking to miller it military leaders here on the ground and theyve told me that yesterday theyve made significant gains theyve entered the western gates of sirte now thats known as an area the checkpoint 30 which is 30 kilometers west of sirte they have entered and are in control of this area they have also entered one which is south of sirte this is a valley a valley of john of which is a natural a natural barrier of sorts so this is a lead into g. And a thats the internationally recognized government of National Court control of sirte. For the headlines in the u. S. City of minneapolis is promising to dismantle and then rebuild its Police Department this is in response to the death in Police Custody of george floyd which sparked the protests in the u. S. And around the world peaceful marches did continue licens of the night into los angeles troops of the National Guard have now left the city as they have elsewhere after violence and looting subsided. Theres been a protest against. Police brutality in kenya after a report from a Police Watched old said officers were involved in the killing of at least 15 people during the coronavirus lockdown since march a number of reported cases of coronavirus well why its not top 7000000 but many countries have started reopening india is one of them despite reporting a record high of almost 10000 new cases in a single day places of worship in new delhi have reopened as have Shopping Centers and restaurants most schools in south africa have reopened as well since march many students have been taught at home those in their final years of primary and secondary school are now allowed to return a new zealands declared itself free of coronavirus all restrictions are being lifted except the stringent border control. Loads of water continues next in the news are about 25 minutes. Play an Important Role in checking human. Face. As water manager brendan is more of a trader than a farmer. A big stack of grind has a value thats money water is no different in that serious. You know our business we want to use your water officially because if we do that we can draw the great a profit into the business and thats what were ultimately here for is to deliver a profit for the shareholders. He manages his stock with the help of a specialized broke up next battus. He too embodies the new generation business men looking to exploit water. For them drought means good business. Its an. Interesting lease. I dont think there is yet thousands of mega ladies on the market at the moment. The market doesnt seem to be terribly logical at the moment in our view its a sort of grey didnt feel the. Market and its a balance between the 2 its very good at this. Thats because of where we are and theres not that much more so people are surely surely skittish. Frustrating life. So i go yeah look i think there dearies and such or such a state down there you know the number of kids getting sold and i was quite. Ridiculous. That one of the very best livery dairy farms on the market so if you did want to do something down there i think is. A quine lansdale going to be not going to be typical. To her customer. What one can i go and i dont. Want to go there my young. Guy behind. Me on 3540 if they take 58 dont get me out of bed till then i say i find a non 810101028 but when i got here you know what really got an id 34050 party. When i want to leave here you. Are never going to think that the 505 are behind who are going to party all of us so really we did it with a good feeling. That no. I dont or for that one out on the little one my so you still going to use when you sold on to a game. But you have a bonus to be in. The water crisis and soaring prices have forced david dunn into bankruptcy he has had to sell the family dairy farm and now joins the long list of victims of the water markets and im not going to go but im going to bomb them and. So the end of the new year will bring in this district go off. 10 kilometers from where our ship. Yeah special dog. Trainer. No no no no were not going in the running man i dont have any problem i dont really want to know if you look at the cash flies for the last 12 months and 4 years ago when you realize youre spending more and more waters and then jenny said to me. You concave going on a lot this. That called the citation was a very nauseous. 3 more dishes in the in the sink and stump they out there. As their emotional. Speed laws its probably not as much emotion as slider on when we selling calles often tell you who im on the raise and who are a grandmother right very well that. Is all they tell me you get i have or. I would like 550 it is that you know initially the creation of water markets was welcomed by families. Big agricultural players saw it as an effective way to buy water whilst others plan to supplement that income by selling their someplace where it will break to go down but right but 10 years later the market had become and would suffer if they went right now at the rate that you know a lot. Of like theres lots of people that dont understand what about i dont understand what im on just lets you keep on with all the talk give the start of whats happening and i dont think a lot of us know whats happening and what a market. Alicia boiling it all over the water market because lots of dogs around a depression. So special looking for a new thing go all day in the us and its going off. The strain is on extremely low as has searing temperatures put emergency crews on notice and authorities ready to answer any major process records fell today and more city temple tomorrow i would add like forecast to hit 45 to grays nudging the hottest guy on record for the city the sci fi swarms of wifely have been through controlling my adelaide and southeast australia the driest city on the driest continent on the planet. Adelaide serves as a think tank its here at the university but the idea of Water Trading was conceived. And in some years you might get 0 water so they said nobody could take any more water so youre going to have to find a white share was what happened very quickly. As a result of work that i did it all started i said well what we need to do is to unbundle the system and take a license and he set out the bank quite Accounting System little lady everybody tried it like forced into doing that you know all the regulations and still mike young is the founding father of the australian water markets a renowned economist he attended Harvard University and has advised the United Nations. This is the man writing the new history of water. Boy scarcity is really think so water scarcity is part of the future of the world the global predictions of that by 2050 more than half the world will be living with limited Water Resources an abundance is a thing of the past. Water needs to be man hes very precious why. And why is it drives innovation that makes sure our water goes to the best use as it possibly can so we make money and feed ourselves well. And that lead to the interest in water markets and drive a revolution. The revolution started by mike young has turned Climate Change into a market force. You know its fascinating to see how sophisticated our water markets of become if this rainfall cost in a weeks time the price of water will go down because farmers now they wont have to irrigate if its going to be really hot for the next fortnight seein the price of water goes up. In the future. But i think the reason why you really come to a university is to buy the world a better place to live so i teach a course on how to my world a better place to live in. Companies oil thank you. Mike young has opened up water markets to all farmers small savers and above all professional investors. Now a days everybody can buy water on the stock market for consumption or simply for speculation. When water becomes scarce i suppose. Then somebody has to stop using it what markets do is they. Discover and reveal the most appropriate people to pull out of agriculture as it is from making cars. As it is for lots of things we live in a competitive world. Markets mature spot market stuff derivative markets for water options forwards new intelligence and Information Systems were building Artificial Intelligence and Machine Learning but were as far as were in the guy of the mike money but ready. Michael leaving it out of just trying to or worse were just the interest of the getting war of the might boil water to mike a living. Just my king live boy audience showing water. The system was putting for the farmers to create wealth for the for the economy but its fine taken from the farm is now. In the money. Water purchased at the market price has drained the australian countryside. Only the agricultural giants have the means to compete with the investors who are pouncing on this new rule material. That they stains going around the world to encourage basis the bar into these trying water market with they used returns that they say buy on huge amounts of water and they might in huge money out of. Water becoming the new Australian Gold it is if if you can mark a 25 percent return on your investment. Or would new trial undo it. Was melvins i sustained 5 these temperatures hit 42. 3 degrees on a city of my 42. 91 living in the south of the of the state police and. The steel in the briefing even the Olympic Games not the new lords of water live in the city of melbourne the business capital. There are bankers insurers pension and Investment Fund managers. And they are gradually taking control of this blue goes. To the. I dont need to unload you know would i lie and when would i consider it yes but im not a farmer im an investment banker harvester doing lest not much maybe 20000000. 00. The price of water has doubled but in the next 10 years it will double again because of intensive agriculture. Theres a lot of discontent between the farmers and the people controlling the water and so the farmers sometimes look at these people as water barons or water bandits because they controlling water that many times i can afford. As an owner of expansive water reserves David Williams rents his water to farmers as others would rent land. And the future is looking bright. If we go to 9000000000 population and the chinese want more food in the indonesian one. Offered in the unions what will food and i can afford to pay for it then we need to find more intensive ways of growing food that means more water. And thats going to lead you smack bang in you get that water at your price it has you allocate it and how you regulate it. With the being the best on water d its getting back to. The landlords and the pace of us if we want to. Do it were going after the border landlords saying the war is way back to the middle i just. In the name of fighting Global Warming the loads of water have made an agreement with the environmentalists. A portion of lake and river water is now protected it feeds the ecosystem and is kept out of the market. This aligns brought about the large majority vote in favor of water reform. As im talking to you today were about to have 7 days in a right here in adelaide above 37 degrees celsius. That is the 4th time in 2 months where weve had that. Climate change is happening and its happening now and it is impacting on the levels of water usage and the water that is being returned to the system. From the rivers struggling and so we had to start putting a value on it. Environmental organizations are now taking advantage of the market to buy water and return it to nature. The agriculture industry in australia with feelings of dollars the value of water in australia is worth even billions more so if we want to make sure this the river is kept alive if we want to make sure theres water there for the future we have to engage in that process that of course forced a proper market for water buying and trading. Has a strong right shit its not we dined. We might be the test case we havent got a 100 percent. Water was the last remaining Natural Resource to have escaped trading. d but australia has just blown the final whistle. The time has come for maximum profitability and the creation of wealth. For my people to be offered this land and this water. d water for me and my people its a part of who we are. d d its a part of our story our creation story. Today is different. Australia has implemented water markets. How do you know that. We dont like it very much we dont like it at all. Well pushing kind of everyone else interesting ok. Im at my right tonight. When. Selling trading what does that. Filling your dad. Making sure that youre. Making sure that no nurse takes your. Part of it. Most of the greek. Greedy people. They want the root of a core for. And theyre set up to. Money. Economy money. The conduit of money. The water is like the grains in our body. Earth mother earth. Like our body. The water d clothes food. You really feel it the wood isnt water but. It feeds your spirit without the spirit of god we all know the. Name. You know change your brain a bunch of friends and friends and friends and a big ole our need our need i know they arent and on and on and brief and all that. Based on your name. And. The. The producers of this program asked Mcquarrie Group to be interviewed but they declined. So aljazeera asked mcquarrie to respond to statements made about them in the program. Mcquarrie replied to say that they took their role in economic can Community Infrastructure very seriously. That in the time their fund was a shareholder thames water had made 14700000000. 00 of capital investment. And that this had allowed thames water to reduce leakage and to keep bills at a low level. They went on to say that the investment had been financed by profits and borrowing and had been approved by the u. K. Water Services Regulator off what. They concluded by saying that thames water had paid an average dividend to shareholders of 11 percent of capital expenditure. The last stage in the financial isolation of water. The long term a Stock Market Index to bet on water prices by nasdaq a Stock Exchange specializing in technology. This is the 1st time that water has been reduced to an algorithm. Is water the next oil we set it up as a question and then mostly dismissed are the questions not going to go away were just probably not ready for it yet there is no alternative to pricing water properly and making people realise that every time they take a sip of water there is an opportunity cost and they feel it in their wallet. What about the guy that cant afford it that guy still needs water. Your fight against the financialization of water is fueled by the refuse to accept any sort of privatizing. The global water rush is accelerating privatisation competition profit when they say its got to be a commodity its because they know that the scarcer it becomes in a world where you desperately need water theres this gold its gold its blue gold. Scarcity has become a major issue the demand is going great and the supply is going straight down turning an essential Natural Resource into a Commodity Trading to proceed just because it is life does it mean it cannot be priced what about the guy cant afford it tell me its water in a new series out his ear examines the social financial and Environmental Impact to prove to privatizing loads of food on aljazeera. How the weather lets latif on a dry for good parts of chile advocate parts of oz and say to us in class just sliding towards the end is here but for the northern parts of the the region where were looking fine and dry here there will be some showers just sliding out of power just pushing the whites was that southeastern corner of brazil what a sorry state funded for our temperatures to 17 celsius q. Enough to santiago at around 13 degrees in a warm up touch here as we go on through achieved with out west the weather really will become rather heavy at times you can see some localized flooding into the north of that bad it is essentially dry it to much of the southern half of brazil around the far north we have got the showers the seasonal racist push up towards the caribbean thats not so bad across the caribbean now the cristobal made its way out so the way we are still seeing a few showers into Central America majority the showers will be over to rules east knowledges having said that a great read today is looking lucky fada dry they all share with their fortune make of cuba and for hispania 11 nothing too much to speak of you see the showers continue aist may well say some very heavy rain recently in florida add some violent winds post a tornado hit an all out of that in the process of making its way out of the way as christabel makes its way further north. Because Many Companies around the world rely on mica to make their products cooler but who pays the price for making the beauty business she. Went to when east investigates. On aljazeera. This is aljazeera. Hello im come all santamaria here in doha and this is the news hour from aljazeera just days after libyas u. N. Recognized government made significant new gains they had of the rival administration its at war with iraq and moscow for talks to end up leaving as we know it the many Council Votes to disband the citys Police Department after george floyds