A fast moving event certainly. And of course south africa and certainly pretoria will be watching very closely as to the proceedings of what happens south africa have a strong vested interest in stability in zimbabwe and also a very Strong Political affiliation to the country. Yes absolutely and there are lots of reasons for that some of those feelings on the street that her was just talking about there will be echoed and mirrored across the border here in south africa because there are many zimbabweans in this country forced out of their homeland by the economic decline experienced in zimbabwe because of some of president Robert Mugabes economic policies have come across the border for jobs and are here in high numbers and just to give you a sense of the sort of a grip of on power his head foremost forty years as. People we was talking. Earlier in the week out on the streets and darwins some of them were still too scared to really speak to us that openly and uncritically because they they still feel his presence hanging over them even though they are many many miles away the strength of ties between south africa and zimbabwe obviously forged a mutual liberation history here from the governing party here in south africa the a. N. C. African National Congress the parties of liberation with very different but just as high profile leaders and late president Nelson Mandela and obviously president mugabe there so some strong ties we had we saw some very quick Immediate Reaction from south africas president jacob zuma saying bet on behalf of which south africa currently she is a position backed up by the you they wouldnt want to see any unconstitutional change of power. Taking this measure within its partys constitution and the countrys. Officials and president jacob zuma down to be some sense of relief if you like and i think we can expect to hear a statement from them later in the day tony just for International Audience who are just tuning into this story there is a bit of a back story going on here that south africa have actually been negotiating with president mugabe for the last few while certainly weeks since some sort of political turmoil has engulfed zimbabwe itself theyve really been trying to make sure that an amicable situation can be resolved so that it looks like a political decision rather than a military one which is certainly one that doesnt want to sort of go down that route. It doesnt seem so and will not be necessary basically and the like to set up the Southern African Development Community the regional body and the African Union the way you do come in for quite a lot of criticism over their level of action or inaction if you like on states which are seen to be stepping out of. Why here they have taken a very strong stance and it is simply that our you know they are mandated if you like and that mandate good provide sort of a good terence so perhaps things didnt go the way they may have done a few years back because of that kind of pressure and because of making way and the people you know running and running the scene and behind the scenes they are very aware that the region the continent the world is watching south africa on the day that it happened that the military took over in the streets there and intervened sea and on boys to angola which is the current chair of the state and security body within said act and also to zimbabwe and have been part and parcel of these negotiations with president Robert Mugabe so south africa obviously taking the lead as chair of said as the Regional Power if you like and as course of one of the countries which will would bear the brunt of any exodus of zimbabweans but as were seeing there on the streets of of harare yesterday we may see some of it mirrored here in south africa and zimbabwe is clearly calling for some kind of change of course tom you know you talk about south africa having a strong diplomatic voice in the southern continent of africa but in terms of the politics its relationship certainly with south africa with zimbabwe it also has to walk a very fine line because not only does it support and listen to president mugabe or zanu p. F. As its been in control of the country for what for five decades now but it also was home to Many Political dissidents of zimbabwe and it also listened to their voices their concerns and so should try to very fine line by making sure that it doesnt upset harare. Oh absolutely and that is a narrative theme that weve seen coming out not only between the relationship between south africa and zimbabwe but across the region and the continent has that you know it is African Solutions to african problems and the voice from the outside of the region looking into zimbabwe is that of this is what the zimbabwean people want then it is up to them to try and and get a change through i mean how it plays out in the coming days and weeks is yet to be determined of course but on the political front i think weve seen south africa take really as strong a poised as it possibly could reiterating the perspective from both said i can the a. U. There any unconstitutional change of government would not be supported and there are really serious ramifications if that if it had gone down that track as well in terms of trade and industry and investment and those are the sorts of blows that zimbabwe or and its people really cant afford at this at this time so certainly they will be all eyes are poised and observing what is happening over in harare and as i see it we are expecting at some point today some sort of statement from the government and they had been playing and a set of emergency meeting in angola in the capital on tuesday theres nothing to indicate that that wont still happen but what comes out of it may be you know will depend on the position taken and coming forward as far as on appears as is concerned of what happens in parliament in the coming days and zimbabwe certainly for the countries of Southern Africa those that deal was a bar boy directly targeted they might you might be breathing a little bit of relief here because its not as if they dont know whos going to take charge or they dont know who the political players are in zimbabwe because were not talking about a completely new Political Party taking over said bob as yet were not talking about people power taking over the government or ministries and its a. Force thats who. Over the country south africa knows who the political players are within zanu p. F. Within the Opposition Movement as well so whoever does fill a void and that was a word that certainly one commentator didnt want me to use but its a very sensitive word at the moment when it comes to zimbabwe when it comes to filling that void they roughly know who theyre dealing with. Exactly and the individuals involved have made it reasonably clear what their positions will be hitting forward in the long run and god has spoken about allowing white farmers which were expelled from zimbabwe which led to much of its economic and agricultural decline encouraging them to come back to zimbabwe to really build on its agricultural base to try and become a real generator of drugs and of industry and of food for the region and you know a stronger economically developed way can only be a good thing for the region because as i said there are many zimbabweans who have left the country perhaps there might be conditions created for those people to go back but as you alluded to there this is change on one front but we are still talking about this on a pier having very much you know quite obviously with the militarys backing a firm grip on power so how much change it might be in the eyes of opposition supporters is still far from clear when it comes to the relationship of the barboy the International Community its been a frosty one tanya certainly from outside the borders of harare its suffered sanctions you reported from the country itself and how the sanctions of impacted on its neighbors and how they relate to zimbabwe in doing traded been able to deal with outside of the political sphere. Do you think that getting you might say zimbabwe back into the mix of the Global Economy is going to be a quick process considering what youve just touched upon that farms were taken away from what white farmers are the economics have collapsed practically in that country. Oh it definitely wont be a fast process i think we know what weve seen unfolding on the political front of the last weeks is extraordinary for that very reason you know things are unfolding and developing very very quickly but the core issues for zimbabwes economy remain and they wont change very quickly because essentially what you head when the president allowed the military veterans the same ones sort of supporting this takeover at the moment allow them to take over farms you saw many. Almost a thousand farmers commercial farmers flee and they were working in south africa there in mozambique they were courted to go to zambia and they are currently building the agricultural economies of the bad ways neighbors and some of those farmers are now exporting goods back into zimbabwe and i spoke with some of them and and zambia maybe a year or so ago and they had been back to their farms discreetly secretly and they said theyre just in ruins so if you want to try and attract those people back then they would clearly need some sort of assurance that that their lands their title deeds are safe but obviously zimbabwe is a very different country than it was twenty years ago and and ordinary zimbabweans on the streets some we spoke to here in johannesburg you know these are young people they have degrees theyre smart they traveled you know theyve been to the us theyve been to the u. K. They know what is possible but they need the climate the economic climate and the openness of investment to be able to build the country that they wanted to be. An enormous amount of hope i think moving forward for the region and was involved way particularly for the many zimbabweans here in south africa but you know there is still a lot to be figured out and a lot of work to be created to create those sorts of Economic Conditions before that happens and it would take many years to do it well we know that youre going to four times as we get more work maybe from the political establishment. Across south africa us to events going on in neighboring said barber are saying bye for now lets join. A political analyst joins me on the phone now from zimbabwe capital harare thank you very much for joining us live on aljazeera can you just give me your general impression of the scenes and the atmosphere that youre experiencing both on the television and from the people youre speaking to about whats going on in your country. Your your part of Civil Society you promote Democratic Values in the groups that you speak to in the work that you do how important has it been to see you might see to see the way the military has behaved in this manner obviously there was a turning point that the military got involved in but they have sort of taken a backseat a quiet seat and allowed the politicians to come forward allowed Civil Society to come forward to take charge of the situation. I think its important that. Elections politicians are. Back in play and. Political process. Going to be. A problem. And it must be clearly. The country. And therefore. Its very important to make the distinction Robert Mugabe has been removed as party leader he still remains the president of the country for the moment the process of removing him from that position could be the short or long depending on either resignation or whether hes impeached how do you see that playing out. And of going. To. Change fundamentally with this move because at the end of the day even if you remove Robert Mugabe you still have the same faces in the same positions to a certain extent design you have to change the more transparent. Open. Because thats what the people on the streets are demanding because theyve had enough. But you think they will have to change do you think they will have to change considering the mood has changed within zimbabwe. Im sure they will try to change their approach to try to distinguish the leadership from. The same silly for now the jury is out to give to them not because they have to but back to civilian rule complete democratic. Opposition as well as that is. Their intention during the garbages rule he really clamp down on the opposition and freedom of speech to a certain extent of dissent do you think that the role of the opposition is something that can be enhanced within a country that has stifled free speech and Free Movement while you could not demand that the opposition must. Demand that. The bloom of our first reaction influence of conscious knowledge that. You have. But im. Going to be of can have the governments attitude toward the right to say we need to give them and when. For the opposition Civil Society and the citizens of general to me democratic principles and values could improve to account. Well of course so well just leave it there for now to cure gaza seem very good to speak to that in the zimbabwean capital harare. Well. Straight off the break well have more on this story from Central Africa to stay with us here on aljazeera. Thank the new era in television news. It was unsafe to do things in secret that are on the list we had actual victims who had survived torture detention and saying this was the cause of my arrest if you would. Just stay with us. Ive got this conviction that everyone has a deep reservoir of taliban to have if you give them the opportunity and wonderful things start to look at the actual distance theres at least twenty thousand or hinder refugees who live here we badly need at this moment leadership and was interesting about that as was i dont know its going to be the next president retaliation with another guy. Actually firing canisters of gas subsidies i believe it best to prevent the media getting in the way it was good record that. He achieved something that never happened before. Were living through a technological revolution but all the machines taking over a piece of machinery goes wrong is there a chain of litigation through which we can bring an ecosystem to bear Oxford University as professor of Machine Learning Steven Roberts talks to all disease at this time. Aljazeera where every. One day fidel castro arrive into the country club and they decide to play god. And suddenly if you didnt cast just said to show you right now gee sure if we could put. Bread sauce cubans of ours in this magnificent landscape a chronicle of the revolution and its aspirations through the prism of its architecture cubas unfinished space at this time on aljazeera. What about to aljazeera on our extended coverage of events in zimbabwe Robert Mugabe has been removed as leader of the zanu p. F. Party which paves the way for a possible removal from the presidency. The Home Affairs Minister moses approved spoke to cheers from Party Members in harare this is what he had to say what our forces have done is not only. Freed the interest of zimbabwe nation they have freed his excellences from the closets of those but whether to destroy this country in the last five years his wife and Close Associates have taken advantage of his frail condition to usurp power and Natural Resources the people of zimbabwe have spoken. They said they have spoken a horrible task as our correspondent in harare and just before we talk about the economy zimbabwe and how its been affected over the years harry this is a damning indictment. Of mugabes wife grace. Yes people say she is to blame for his downfall they say she cheated the party and the countrys own personal property they say that she was influencing president mugabe advising him to do the wrong thing in fact theyve been saying that shes the one who masterminded or pushed him to fire key figures within the ruling party that made a lot of people very very angry scenes she took matters too far and this is a sign that the party is telling the president enough is enough and hes been removed as leader of the party so of course when we just spoke to tanya a short while ago we talked about how the economy. And how many economic migrants went to south africa because they couldnt find work or had terrible economic problems with zimbabwe from viewers just perhaps you can explain the difference for the about the economic problems for those that lived in the urban areas to those that lived in the countryside. People in the countryside he talked to them they are struggling economically but some people say were at least in the countryside in the rural home i have my garden in the back a small patch of land. To bills into martyrs the urban poverty is the one that has been getting worse and worse every single year a lot of people are unemployed this one is one the highest unemployment rates in the world there are no jobs the economy is struggling theres a shortage of cash if you want to get money here at jewel cash you have to wait outside banks like banks for for days sometimes some people sleep overnight just to get money when you get to the front door start on just twenty dollars thats if the bank has money food probably. To keep rising and the shortage of money has affected things like hospitals and schools and medicines are running out in Public Hospitals some people call pay for surgeries schools are poorly resourced especially in a war the rural areas so a lot of people blame their frustrations on the economy and they blame prison mcgarvey for letting the country get this bad and Robert Mugabe often criticized International Governments the west for example trying to strangle his country economically many would argue the reallocation of land from white back to black residents was a huge economic mistake because of knowledge of farming techniques and the work ethic. People do say that the country really started to fall apart when land reform happened and thats when you saw the. Crash you saw an exodus of some people leaving the country and then there is a blame that corrupt officials within the rulings on a party take huge chunks of land and do nothing with them have a case in a country where there are areas where farms are lying idle and nothing is happening there no food is being grown for there on the flipside he did benefit hundreds of thousands small scale black farmers there are some small scale. Over the years have been doing fairly well growing tobacco and every year as a user to have been more and more and more as the major foreign currency. In the country i understand also other people who love president say that what he did in terms of land reform had to be done it had to be done i just feel that the way it was done was wrong and it was hijacked by some corrupt individuals in the party who then did nothing with the land and in the economy for the moment will leave. Well word out of that conference said what zanu p. F. Have to say thank you. Lets move on to the days other top stories and into the middle east where palestinian authorities are threatening to cut off all communication with the u. S. Over the trumpet ministrations plan to close the p. L. O. Office in washington d. C. They honestly brooke has the latest. The plant closure of the palestinian liberation Organizations Office in washington prompted shock and a threat from a Senior Palestinian official to freeze ties with the us this is very unfortunate and seven this is the pressure being exerted on this administration from the if you know government the time when we are trying to cooperate to achieve the ultimate deal you think such steps which would undermine the Peace Process the u. S. State department announced its decision to close the office late last week citing a twenty fifteen law placing conditions on the u. S. Mission office those conditions relate to the palestinians pressuring the International Criminal court to seek charges against israel over the issue of israeli settlements and crimes against palestinians the move comes as the troubled ministration is trying to broker a peace plan between the palestinians and israelis President Donald Trump said such a deal would be a cornerstone of his administration he very much in september he met with palestinian president Mahmoud Abbas on the sidelines of the u. N. General Assembly Meeting of World Leaders in new york and a last while the president sent his son in law and adviser jared cushion or to the middle east in part to work out a blueprint for a deal the white house says closing the p. L. O. Office doesnt mean its cutting off communications with the palestinians and could be viewed as a way to expedite the Peace Process but a middle east analyst says the trumpet ministration is not bargaining in good faith the u. S. Is not an honest broker the u. S. Is representing its own interests and they correspond primarily with the right wing of israeli interests the closure isnt a done deal President Trump has ninety days to review the decision and could keep the office open if he thinks the palestinians are engaged in meaningful and direct negotiations with the israelis die on estabrook aljazeera washington welcome what has been following the palestinian reaction from west jerusalem. Ever since trump came to power he said that he will bring the ultimate peace deal to the middle east the palestinians always said that theyd be the ultimate partner with trump is never allowed rated on what kind of peace deal this might be whether it will be a two state solution or otherwise palestinian officials told us in the meetings that theyve had to date with trump of ministration officials there on the understanding that the americans understand the conditions that would be conducive for a peace deal theyve now expressed great surprise that wants what the u. S. Is said now and they say that throughout the duration of the drums of ministration israel has increased its building of settlements in the west bank they say thats illegal so theyre questioning why at this moment they think theyve been cooperating israel has not so theyre saying why are we being punished and why is israel being rewarded for staying in the region lebanons Prime Minister has confirmed hell return to beirut by wednesday santo re re says that feel let me clarify his position after his sudden resignation more than two weeks ago in riyadh hariri is now in france where the president. Is trying to mediate. South asia now where bangladeshs former foreign sorry by letter says foreign minister abdul her son mahmud ali has been visiting really good camps in coxs bazar joined by ministers of the European Union china and japan now hundreds of thousands of rango refugees continue to flow into the country after fleeing a violent military crackdown in neighboring me a bar beer bar has been widely condemned by World Leaders for the violence in rakhine state. Argentinas Defense Ministry says it has detected seven failed satellite calls from a missing submarine raising hopes that the forty four crew members on board will be found alive contact was lost with the sad one on wednesday as it was returning to its base admired platter from a routine mission in the south atlantic that has the latest from about the plot. The search and rescue operation is continuing through the night and into sunday with the arjan sign authorities saying they are now cautiously optimistic after receiving more they say were seven attempted satellite cause which fail to connect but were a sign of life somewhere deep in the south atlantic in the meantime the United States chile Great Britain of all offered their assistance and whitman sending expertise to argentina to help in the in the search operation to find the iras sound one submarine the argentine authorities have not heard from the crew since wednesday morning and they and the families of the forty four crew members are becoming increasingly concerned as each hour passes without hearing from the submarine now theyre not calling it to the merge and see as yet they have no news of any mechanical failure or any other technical failure or simply saying theyve not heard from the crew since wednesday morning in the meantime the whole of argentina is watching and waiting with great nervousness with great. To hear what happens the pope has said that he is praying for the forty four crewmembers arjen time president Mauricio Macri is saying that he will stop at nothing to try to find out what has happened to the crew of the of the sound one. Aid groups in greece are struggling to cope with the numbers of refugees arriving via the land and sea official think up to two hundred people are still arriving every day many of them find themselves on the island of last boss which has become a popular landing hub for approximately one million refugees since twenty fifteen. Went there to find out more. Omar is trying to keep his costs from climbing hes borrowed this warehouse from a fisherman to store donated clothes a dozen volunteers have come from all over the world to help him less verse has spawned a number of volunteer run groups in the past two years what makes his different is that he is himself a refugee who once spent fourteen hours in these waters swimming from turkey to greece yes i meant them by boat but they swim and they know where the highway feel in the sea and they know what the people feel and they see when the fear i know how when with the rebuild the great coast guard recently called on help when a group of refugees landed there rubber boat on an uninhabited island of lesbos and refused to leave when i spoke with a. Twenty minute of them. On what we do here believe me we were. There and we will help you and the river came also helped to clothe and feed these afghans who arrived overnight less of us has been the european landing for more than a million refugees since twenty fifteen as this life jacket and rubber raft graveyard attests and the island continues to receive the majority of arrivals in greece which is why it continues to need volunteer organizations refugee for refugees manages to scrape together three to four thousand dollars a month in donations from britain spain and the United States its a small operation but increasingly important european funding for n. G. O. S on the Aegean Islands ended in july leading many of. The larger groups with corporate salaries and overheads to pull out the government is calling on those who can support themselves without public money to take their place. We dont even require an organization to be an ngo five friends can come and declare they will teach french to the refugees on mondays wednesdays and fridays we encourage solidarity we depend on it also call was an ambulance driver in syria helping to ferry the sick and wounded to turkish hospitals for treatment hes still essentially doing the same job but this time for free jump. On the north shore of lesbos this is bringing up to date with our breaking news coming out of africa and zimbabwes ruling zanu p. F. Party has dismissed the president as leader of the party according to the Reuters News Agency is quoting zanu p. F. Sources the party has been holding an emergency meeting to discuss Robert Mugabes future reuters also adds that former Vice President. Has been appointed the new leader he was sacked by mcgarvie two weeks ago more on that in the news in thirty minutes stay with us. A hundred and sixty years ago a musician started a band in an arty street in cairo and the brass band was so popular it gave birth to an entire musical genre. A century and a half later the sound still resonates with. Us today house about left the peoples music at this time on aljazeera. Alarm has some secret this is counting the cost on aljazeera your weekly look at the world of business and economics this week venezuela in default as the oil rich country fails to pay its debt well look at what happens next and what it means for its people. Also this week or two in the middle of a bitter saudi iran rivalry lebanons economy getting squeezed why that matters for the region. A military intervention in zimbabwe but will anything really change for the countrys ailing economy. So Oil Rich Venezuela always pays its debts even at the expense of its citizens thats been the mantra for so long in this latin American Country that lenders have just kept lending but this week everything changed venezuela is now officially in default for the first time its past the grace period to pay up on two government bonds and one bond issued by the state owned oil company now as more payments are jewett is facing what could be a messy financial unraveling and that spells bad news for a starving population john hendren reports. Then this whale is in default the declaration by the Ratings Agency standard and poors comes after venezuela with sixty billion dollars in debt in just nine point six billion in its Bank Accounts missed a second deadline on a debt payment the red carpet was rolled out for a few Foreign Investors who might be willing to keep the country afloat at a price that as well as Vice President tariq ali seamy said the country is the victim of an economic war being waged by the us in foreign lenders and. This is salt of the Us Government has made jointly with the venezuelan opposition today venezuela is limited to seek financing find it also is faced with the need to consider a new formulas to get out of this complexity critics say then as well as leaders have prioritized clearing debt over a growing humanitarian crisis that has left many of its people hungry and children dying in hospitals with medical shortages venezuelan president Nicolas Maduro blames the u. S. For his countrys crisis so hes turning to his traditional rivals in a compromise fight that im not sure not like all that i pulled a couple International Agreements with the peoples republic of china are working perfectly and will continue to go that way so i could announce that we have reached a renegotiation a refinancing agreement with the russian federation. In spite of president lee duros plans u. S. Firms still own much of venezuelas debt and the trumpet ministration wary of providing an economic lifeline to his administration has blocked americans from protests a paid in any debt restructuring talks with diminishing cash revenues then as well as financial problems are likely to get even worse but joining us now from london is Edward Glossop an emerging markets economist at Capital Economics specializing in latin america good to have you with us so what do you think is going to go with venezuela whats likely to happen next. Well thats thats the Million Dollar question i mean the government has announced that they want to restructure all of their external debt that includes bond and debts to countries such as china and russia where we go from here is anyones guess really the restructuring talks in our opinion look doomed to fail and it seems only a matter of time before the government and the state owned oil Company Defaults on on all of this external debt yes so what does this mean for the oil markets then i mean given that oil is is fundamental to venezuelas economy is that going to be one of the state owned assets thats the focus here that could be up for grabs if there is a wider default absolutely yes so thats a key risk that this is whats prevented the government from default and so far is that creditors can now see or once the government of us to default on their bond their. Creditors can see oil exports or attempt to seize oil exports and really cut off venezuelas access to dollar oil revenues completely which would in in our view trigger to get a complete meltdown and a political political crisis and how much room do they have to maneuver with the continued u. S. Sanctions on venezuela how is that hampering them. Very little exact exactly this is one of the key reasons the key hurdles for the restructuring so the u. S. Financial sanctions prevent u. S. Investors from participate in any restructuring or refinancing deal so thats one of the the huge hurdles facing the current restructure and bust thats one of the key reasons why we think the restructure and refinance it is is likely to fail in the current environment but just take taking a step back for a moment how how did things get so bad in venezuela that there were there were were talking about the country defaulting now i mean obviously oil prices the fall in oil prices had an effect but is is this also down to bad government policy as well absolutely yeah this crisis is the proximate cause of the crisis was the fall in oil prices but this crisis has been brewing for for decades now even under chavez where there were huge nationalizations huge underinvestment in the oil sector over a number of decades of course it has the biggest oil reserves in the world huge underinvestment in the sector has caused oil output to be in a long term decline and so its oil revenues have been fall in sharply for a number of years now and of course the oil the drop in oil prices in mid twentys fourteen has caused exacerbated the crisis and this is ultimately why we are now in a default scenario were now in the end game but what about what about venezuelans themselves i mean theyre already suffering greatly under this with all of the shortages and the surge in prices and so on whats the effect on them going to be as the longer this goes on and the implications of the of the default. Absolutely i think the key question here is what happens to export revenues if oil if oil exports if a default triggers seizures of oil exports then that causes a huge drop off in oil exports export Oil Export Revenues completely collapsed and then that means that the government cant afford to import the goods that it needs in order to stave off an even deeper humanitarian crisis so the key issue is whether the government can keep control of export revenues so far this looks like it looks like the government is trying to keep hold of these export revenues by trying to negotiate some sort of deal with bondholders so say you can keep control of the export revenues because thats ultimately key to avoiding an even more dramatic humanitarian crisis and ultimately a political political transition in power good to speak with you edward gloss of joining us there from london thank you now the dire state of finances in venezuela and zimbabwe is making bit coy more attractive for many people in both countries the price of the cryptocurrency jumped as much as ten percent on zimbabwes golic six change on wednesday after the countrys army seized power then barbarians just like venezuelans are buying things they think might retain value lets take a look at how bad things have gotten in zimbabwe after nearly forty years of Robert Mugabe. In november two thousand and eight zimbabwe had the second highest recorded inflation rate in history prices were doubling every twenty four hours with the official rate at one point hitting seventy nine billion percent following years and bobby was forced to abandon its currency zimbabweans mainly use the u. S. Dollar now but things havent been improving mismanagement has hit farming and mining production unemployment is near ninety percent so without enough exports to earn foreign currency theres a cash crunch sleeping outside the bank is the only way some zimbabweans can make sure they get their money and now fears are growing the system doesnt have enough cash money stored elektra mccleon Bank Accounts is nicknamed solace in the absence of hard currency people are trying to convert zolas into assets that can retain value cars property and even Digital Currencies the economy is broken despite the factors in bob he was once known as the breadbasket of africa and its still rich in resources like platinum Gold Diamonds a nickel joining us via skype from cape town is Alisa Strobel senior economist at i. H. S. Market thanks for being with us so if this is the end of the mugabi year in zimbabwe what potential is there for the next leader to turn things around because as we said this is a country that is still rich in Natural Resources years poor governance controversial Economic Policy corruption fusion and lack of political direction and unity within the government part in our commitment to its interests are never masters have devastated the countrys economy experience incurred the severe liquidity crisis where does big corn fit into all of this i mean how bad have things gotten the people and now turning to bitcoin as an investment demand for that kind searched immensely this morning like i mentioned at the call extend the local big Crime Exchange the elevated bitcoins rethink the prices robert evidence of the countrys broken economy. I just estimated that the bitcoin traded above. Eighty five percent premium yesterday. Critically currently demand for bitcoin in zimbabwe exceeds supply as it con mining according to garlics. The Exchange Platform requires a large amount of electricity a challenge in a country that has a very thick to cities supply shortages however we need not to forget that the majority of population works in the Informal Sector locals who want to pay electronically still face some challenges when buying items from those working in the sector the crisis and the need for hard cash as there were many into the black market where dealers are trading the dollar all electronic dollars as mentioned as a very high rate and premium and i do believe that there are some there are massive potential of corporate kind not just in zimbabwe but in africa what kind of leverage does the outside world have here i mean can it potentially help with zimbabwes defaulted International Debts firstly with the shift in policy which is quite necessary. For investment and support by the International Community is necessary for the broken economy its very important to establish confidence in the countrys Banking System to deal with operational challenges and attracting investment first Alisa Strobel thanks very much for being with us took pleasure thank you very much all right still to come on counting the cost would you eat a big burger grown from cells in a lab or take a look at what could make it on to your plates in the future. Now its been called the worlds First Digital medicine and analysts say it could open up a new front in the internet of things the u. S. Food and Drug Administration just approved a digital pill basically its a sensor the size of a grain of sand one swallowed it will send data to a Smartphone App on one patients have taken their medication but having your insides talk to the internet could prove a little into just simple for some this christmas a looming. Patients who dont take their medicine as directed not only risk their health they cost about one hundred billion dollars a year according to one study about avoidable costs in medicine thats because the patients often end up sicker or needing additional treatment enter a new digital pill just approved for use by the u. S. Food and Drug Administration in people with schizophrenia bipolar disorder and other forms of Mental Illness it actually lets your doctor know if youve taken it the problem of not adhering to treatment when its administered on a regular basis daily multiple times a day and. The way that that compromises the effectiveness of the treatment is a huge problem in medicine and particularly in treatment of mental disorders the pill sensor is made of copper magnesium and silicon ingredients already found in foods it generates an electrical signal when it comes into contact with stomach fluids that signal is that picked up by a wearable patch on the patients rib cage the patch sends the date time and patient activity level via bluetooth to an app on the patients mobile phone and a database to which researchers have access through the app the patient can have a record send of every time he or she takes the pill to up to four people family members or caregivers but the Technology Raises questions about privacy medical ethics experts find the fact that the pill is prescribed for Mental Illness especially troubling if you give someone a pill thats going to record for someone else whether theyve taken the medication ought it poses problems these are people who may not understand all the issues because they have involved because it was like a condition many people with psychiatric conditions can understand all the issues their problems because this be feed into their paranoia they may think oh my god people want to spy on my and now the doctor saying hes going to give me a drug thats going to spy on me the cost of the drug is another concern prompting experts to say more study will be necessary to weigh the risks versus the benefits and make this pill easier to swallow. Now lebanons economy is hurting growth has slowed to just over two percent a year from an average of eight percent before the war in syria and now regional rivalries between saudi arabia and iran of raised fears of a qatar star blockade the resignation of Prime Minister sad how do you see in riyadh under mysterious circumstances as not been resolved just before he quit the government had managed to pass a budget after years of political stalemate were joining us now from beirut is sami our talat director of the Lebanese Center for policy studies good to have you with us so first off how bad could all of this before lebanons economy right now particularly at a time when it looked like things were finally starting to pick up well in did this is actually might be very bad in fact just because lebanon has been through many crises some short and some long term but this crisis comes at the back of a protracted crisis that lebanon has been facing since two thousand and eleven with the war in syria and now were hosting one point five million to refugees and we have a major sort of economic problem in terms of jobs and infrastructure the challenges so this a crisis in fact actually comes at a time where and were hoping and trying to get actually get out of one that were already and and how how important is the fact to saudi arabia that this is coming from saudi arabia how important is is that country to the lebanese economy because of course youve got of the thousands of lebanese expat workers in who work in saudi arabia sending money back to saudi investments inside lebanon how important all of that to the country. Oh this is very important and very significant this is and five the first time probably since. The last twenty five years that we actually faced Something Like that where an ally of lebanon saudi arabia sort of may in fact impose either sanctions or a fact the lebanese expats who are actually working there this is very significant on many levels in terms of sending them into this is to lebanons economy which are deeply needed which are important for the macroeconomic situation there are also important for people actually well being here people who actually receive. And in fact theres a big significant expect community in saudi arabia who work very hard and contribute to the saudi economy soul if this actually escalates this is going to be a lose lose lose situation lose for these people who are losing their jobs its going to be a loss for lebanon because theyre going to have to deal with more people in fact that are looking for jobs and its going to be actually also a loss for saudi arabia because theyre actually going to be losing an important Human Capital a lot of people who actually have nothing to do with the crisis in the first place but you talk there about this possibility of this escalating how how real is that possibility is do you think that the that it could happen that there could be arab sanctions on lebanon. Its very hard to predict were not so sure to what extent this is going to escalate you know i think were the events are unfolding on daily basis were actually monitoring them to actually see if this is going to be if there are going to be certain measures economic measures that actually could try to in fact or influence the lebanese government but the big question is these if theyre actually going to be any sanctions this is going to affect lebanon as a whole its going to affect the whole country these sections would like to be able to distinguish between those who support hezbollah and those who are not and most people would be hurt by this if not all theyll be a major Collateral Damage and i honestly think this is going to be bad for lebanon for the lebanese people as a whole and for the region as well because in fact impacting level is economy right now in fact that any time but particularly at a very sensitive period in our region this is really not good frankly policy for for lebanon or for the region so were really really watching this very carefully were really hope it doesnt escalate were going to hope its actually dealt with in a very different way and in fact lebanon here right now is sort of stuck between sort of. Between two powers that have actually have other objectives that theyre actually trying to deal with but is there a way of lebanon to get out of this by themselves i mean how can how can they take action to grow their economy. When you know if lebanon can take certain actions of course and in terms of improving its economic policies i think weve been sort of at the center weve been advocating for changes in industrial policy and job creation improving infrastructure but the government does need capital and it does have internal copy of the from the Banking Sector and i think it actually could extract and it does attract capital from abroad so if left to its own devices in the sense are no economic sanctions on lebanon i think one can and see that. That there would be changes in the governments policies to actually do that and were hoping that the new government that was that came into force almost or exactly a year ago to do that and this is what weve been advocating and pushing to do so now with the crisis looming this actually adds another layer of challenges that are very very significant and the mere fact the macroeconomic situation because as you know lebanon does depend for a significant capital inflow coming from all over the world particularly the lebanese x. Box and particularly those that are actually living in the g. C. C. Including saudi arabia so thats actually affected if their reminiscences are actually with that on or are no longer actually coming in this is a very serious issue on the Macro Economic situation it could escalate i dont want to sort of predict and i dont want to sort of scared sort of people about this but lebanon has been able to deal with that in the short term in fact the short term in fact has been quite minimal given the gravity of the political situation but if this ends up to be a protracted crisis where in fact sanctions are imposed or lebanese experts are actually forced to leave the country and this ends up to be a two to three or four year problem then this is a very serious issue for lebanons Macro Economic situation good to speak with you sami are joining us from lebanon thank you and finally Research Shows that the global Meat Industry produces more Greenhouse Gas emissions than all cars planes trains and ships combined but scientists in the netherlands say they are close to bringing the bark tree grown meat to the market flown on special reports. Indeed future this is what making a beef burger might look like taking cells from a piece of and letting them multiply into cultured meats this University Professor says he can grow ten thousand grams of meat from just one piece of muscle and he says we better get used to it that in effect means that we can reduce the number of cars worldwide from one and a half a billion to maybe ten thousand. And then we wont have the methane emissions we wont have all the resources that go into a car because a cow is a terribly inefficient animal so this process is going to be more efficient. So that it produces less resources and its not as polluted and you can let the cow live as the worlds population increases the demand on Food Supplies will also grow dramatically meat production takes up eight percent of the worlds water huge amount of land and contributes almost a fifth of the worlds Greenhouse Gas emissions average european its about eighty kilos of me here thats about four hundred of these very. In a few years from now. Will taste exactly the same and be the exact same price as the ones here which one with the consumer. This woman is one of the worlds leading food scientist she believes that what we might find palatable today might be normal for the next generation and there are many things people have learned to eat. That their grandmothers didnt date certain for too vegetables but also certain types of fish that people didnt know about her or snails for example that many people did not eat apart from the french. I think its a its a fallacy to think that food habits are. Vile in time in fact we eat quite Different Things from. Generation. Back at the burger restaurant the manager has mixed emotions he worries about the damage too much meat duster to planets but hes also suspicious of the idea of eating less meat so there are the fish dont like getting plastic or something even though you say that they have the exact same face well for now its one step before and i think of the. Science means that the cells of just one cow could prefight enough meat for the whole of europe the first lap burgers are expected to be on the market within three years but even if science could solve the massive issues caused by our Meat Industry the question remains will we eat it. And that is our show for this trick remember you can get in touch with us by tweeting me at has him seek and do use the hash tag a j c t c when you do a proper send email counting the cost that aljazeera dot net is our address and theres more for you online at i. D. C. At dot com slash c. T. C. That will take you straight to our page which has individual reports links and entire episodes for you to catch up on. That is it for this edition of counting the cost on has some secret from the whole team here thanks for joining us the news on aljazeera is next. With. With the. By the skyline of a nation home. Or off the coast of the italian riviera. Hello there as we know its of rain in rio recently has been raining off a known over the last three or four days now and its all thanks to this weather system here and its not moving anywhere in a great hurry so during the day today on sunday and also on monday that rain is going to stay with us or expect some more funder and lightning and some more heavy downpours to to the south of that is largely fine and dry but force in asuncion now pretty hot for about thirty three degrees we are going to see a little bit more cloud to drift its way towards what is always there for monday and that could bring a little bit of change to our temperatures theyll be dropping a little bit here as we head further north this rain bands been bringing us a fair amount of flooding for some of us in colombia weve seen some very heavy downpours from it just beginning to break up in the southern part of our map here but still some heavy downpours are likely around the Dominican Republic that for sunday and monday still very wet not only for the Dominican Republic but also through haiti and across into jamaica as well i think thats where well see some of the heaviest of the downpours now for north america weve had this very active weather system with this has brought us some very heavy downpours and its also bringing some of us a fair amount of snow as well its still clinging on to the eastern parts of canada there for sunday so still small wintry weather to b. C. For the south is just staying fresh fourteen in new york the way sponsored going to reach
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