Transcripts For ALJAZ NEWS LIVE - 30 20240714 : vimarsana.co

Transcripts For ALJAZ NEWS LIVE - 30 20240714

Become one of the worst disasters involving boats carrying migrants across the mediterranean a 13 year old suicide bomber has blown himself up at a wedding in afghanistan killing 5 people and injuring dozens more the attacker burned in the Eastern Province of no group has claimed responsibility. China has released figures showing its imports from the u. S. Have plunged in the past year exports to america are down to and with the countrys trade war but china says its trade surplus with the u. S. Continues to rise and that imbalance is at the heart of Donald Trumps assertions that chinas engage an unfair trade practices when he has more from beijing. Some fairly negative numbers released by the government here in beijing but no sign of panic of course from the customs it ministration they are saying that yes the trade dispute with the United States is having an effect but that it is manageable so what we have is that for the month of june exports from china to war countries dropped by 1. 3 percent compared with the same period a year ago concerning in that if we go back to the month of may they grew by 1 point one percent on the Positive Side most experts were forecasting that those numbers for june would be worse than what they are this all happening of course amid a truce in the trade war between china and the United States tariffs are not being placed on each others goods as agreed between the 2 leaders after they met on the sidelines of the g 20 summit in japan last month but some numbers to unpick here for the u. S. President donald trump who has long complained of unfair trade practices by the chinese and the fact that the United States has a large trade deficit with china even though exports from china to the United States are down the trade surplus that the chinese have with the United States grew in the month of june to almost 30000000000. 00 so no doubt that will be discussed if those negotiations face to face negotiations do restart as expected possibly in china within the next couple of weeks one of the most concerning numbers for the overall chinese economy to be released is that imports from all countries a down 7. 3 percent and that is being blamed on weak domestic demand. And south korea have held talks to resolve a worsening trade row. Restricting the export of materials used in manufacturing smartphones and memory chips to seoul raising concerns for the south korean economy from the global tech supply chain could cook to has more. A year ago japan and south korea came together their 20 goal stopping north korea from Getting Nuclear Weapons and boosting regional trade. A year later the 2 sides meet again this time to defray disputes over north korea japan says south korea cannot be trusted to implement un sanctions against pyongyang its imposed restrictions on some exports south korea says japans claims are untrue and wants an international investigation. If the investigation finds fault with our government then we will make an apology for that and make corrections immediately however if the investigation draws a conclusion that our government is not at fault and the japanese government should not only apologize to us but also retract their retaliatory export restrictions immediately. There is anger in seoul calls for a boycott of japanese goods are growing. The japanese restrictions are seen as a retaliation after a recent south korean hold trollings relating to the 2nd world war Japanese Companies were ordered to compensate for most south korean forced labor as japan insists its not mixing politics with trade agreement that you are going to get from japans perspective this measure is a necessary review of operations to appropriately execute japanese export control for National Security concerns and not an mo terry measure. South korea is the worlds biggest supplier of computer chips that small from displays but plants like apple and while weigh on their fears japans restrictions scooted Companies Like samsung south koreas drooling party says the government will set aside more than 250000000. 00 to protect its companies from japanese action. This move made by the japanese government could be interpreted as the 1st shot in a trade war if it is a prolonged embargo and if. If the japanese inforce it very strictly in a tough manner and if south korea cannot get these materials elsewhere then it could it could have a serious impact on. South koreas Technology Production the treat dispute may be subtle but the timing is critical in just over a week japan will elect members to the upper house in an election Prime Minister shinzo obviously doesnt want to use this as south koreas leader seen as an important force in denuclearization talks on the Korean Peninsula is going to be deleted your post wasnt so much in calculating this medium to. The side backing down who put the idea even further to go back and say oh. Well plenty more ahead here on the aljazeera news hour including the monsoon rains in bangladesh make life even more difficult for hundreds of thousands of Rohingya Refugees well have an update for you plus well have the story behind these artworks saved from destruction during the soviet era. And unsporting then cut australia from the cricket world cup show well have more details and sport. West African Leaders are in ivory coast to plan the rollout of a single shared cover. See now the move would mean 8 former french colonies will have to give up their use of a currency known as the c f a front it was created by france in 1945 and is used by 14 african nations into zones one in west africa which includes senegal coast mali and bikini facet and 6 others in Central Africa including bomb and chad now the currency is pegged to the euro and has the financial backing of the french treasury in return france holds 50 percent of the Foreign Exchange reserves of those member countries supporters of the system say it provides economic stability and keeps inflation under control but critics see it as a relic of french colonialism that holds their countries in the past and restricts Economic Growth well and with address joins us now live from abidjan ivory coast economic capital amid them some crucial decisions really to be made the could impact part of the continent for generations to come. Absolutely so while its going to be a very must see introduction apart from the ordinary people on the street businesses will also have to readjust a government will also need to re east to sutton bones suchan statements and also some new policies regarding one or 2 policy in the region now 8 leaders are already here in the building right behind me the president s of all the countries actually participating cuter asli however in the opening remarks both the president of the council of ministers and the president of ivory coast to host president. Voided direct reference as to whether or not the meeting will adopt the new currency being touted for launch in 2020 vehicles now a lot of people economists businessmen and traders weve spoken to in the last 2 days i really really looking forward to the benefits of the introduction of these currency but there are also apprehensions thats what happens after the introduction also there are certain people economists and officials who are wondering whether or not france will allow its 60 or 70 years of dominance of finances in these african countries to just simply disappear france by the way is represented at the meeting today alongside other countries that are not part of the c. F. A. Are enjoyment so its we would like to see what the position of the heads of states and government of these monetary blog will issue in the next 2 hours after their meeting in this building that currently theyre currently going into a closed door session and i have a lot of people are wondering whether or not they will come up with a definitive statement as to whether or not they will drop the c. F. A. And i will says when the happens i will join you again and then address that in addition thank you. But experts are divided on what the impact of the single currency will have on the regions economy. Capital dhaka. There are topics that can both divide and bring west africans together football with the africa cup of nations. How to properly grow a chicken and money thats because 15 west african countries have agreed to create and share a single currency called the fine exterior. Its a great idea if we have the same currency we could be one big country like america big and strong and then we would all be treated as equals. Already 8 of the 15 countries use the same currency the african franc or c. F. A. A legacy of french colonialism. Frances central bank acts like a manager holding part of their treasury to guarantee financial stability. The 7 other nations often deal with inflation in currency volatility with each of them directing their own monetary policy. I want to see a graduate student trade says he has watched leaders say a common currency is the solution since 1903. But some are playing defensively others are being too aggressive in not thinking of the collective we need to place a team for this to work for everybody to win from it including cynical. While in nigeria is the continents biggest economy senegal and i ricos to are some of the Fastest Growing in the world and yet the u. N. Says less than 20 percent of trade here is happening among african countries the challenge is to get the big players in the region like ivory coast and nigeria to stop. Against each other as a Team Together for the benefit of the people of west africa. For senegalese Chicken Stock maker but he said a common currency is good for business allowing easier access to the 420000000000. 00 economy. Need to move beyond the african frank. Is the driving force of west africa. A single currency would allow us to overcome all of our chilling just today. Its a sizzling debate with each its own opinion while there may be uncertainty over the single currency regional leaders believe that in the end. Africans will come out as winners Nicholas Hawk aljazeera. Director of the African Foundation for development joins me now from london good to have you with us on aljazeera the economist will always be happy about perhaps a single currency but its really up to the bureaucrats and the politicians to agree and certainly in west africa they dont always seem to sing from the same hymn sheet. Well you have a huge. Craving west africa and you know between. Here and then. And now. You have to focus. There and currencies are going to be huge political. Calculations around where the. Current iraq. Dreams are valid and of course there are various levels of growth amongst the c. I. S. Countries if for example if you just look at cote divoire its expected growth its Something Like 3. 00 in 29. 00 to nigerias this 3. 6 in 2019 coat of was is maybe nearer to 8 percent. The variation impacts as well on the way these countries view whether they can get their economies there is there are large disparities of a lot. So huge disparities and then theres obviously the fact that large areas of. Nearly 2 thirds of the economy are the region around the sciences region and Nigeria Country dominate and you will have that sort of german effect and within the euro where i think the others might be anxious that nigeria will move to i mean i just simple currency would be more beneficial to the match in an economy where you have 3rd disparity talked about in terms of growth versus cost or disparity in terms of. Their preferred from a search for the. Future that they all hold 3 percent in terms of deficit spending and they treated inflation very very tricky. Today and the central bank is only allowed to do percent if its expanding. And its going to be quite hard for some economies for them to keep that when theyre going to watch convergence again if you look at what happened within the e. U. Press to be running a deficit or less sensibly look at what happened between the e. U. Greek greece snake said and it was numbers were everywhere and weve seen the consequences that. There are a lot of problems that there are opportunities on the promise of this wider growers. And regional introgression is there also it is at the end of the day a political project as well and that project is for greater regional integration which will simulate growth. And trade will be interesting to see what the final communique is what this meeting is over the may have been totally catchy one but thanks so much for joining us from london thank you. The and sacred general says the world hasnt done enough to help mozambique up to 2 successive cyclons killed hundreds of people and turning into terrorists has appealed for more aid and support for months up to cyclon india and kenneth devastated much of the region he says its clear these disasters are caused by Climate Change the storms flattened cities and villages leaving more than a 1000000 people homeless. To southasian away a warning that thousands of rango refugees in bangladesh shot at risk of the heavy rain swept through that makeshift hundreds of thousands fled to neighboring bangladesh after a military crackdown in 2017. As if life werent difficult enough for refugees in bangladesh the monsoon season has brought with it even greater hardship flooding and landslides guarantee the situation for an already vulnerable population becomes even more precarious terrifying days of heavy rains in the reading of refugee camps here in coxs concern and the situation is serious thousands of people have been displaced and thousands more have been sentenced to their homes. While running the refugees work to secure their overcrowded camps hillsides from erosion aid agencies like the World Food Program are doing what they can to distribute emergency supplies last year heavy monsoon rains in southeastern bangladesh led to the deaths of 5 children and many fear the conditions could be even worse this year and worry the down poor may not let up anytime soon more than 730000 mainly muslim or he fled from me and more to neighboring bangladesh after a military crackdown in 2017 un investigators have said attacks on me and more western record state included mass killings and gang rapes and that they were executed with genocide intent in june the International Criminal court moved closer to opening a full investigation as prosecutor fact toobin sudha announced she will request the court to look into crimes relating to 2 waves of violence in iraq and state the request 6 authorization from the courts to open an investigation into alleged crimes within the jurisdiction of the court in which at least one element occurred on the territory of bangladesh. Is there but it isnt on statute and within the context of tourists and with the violence in iraq and state on the territory of myanmar as well as any other crimes we have sufficiently linked to these events if granted the i. C. C. Would become the 1st International Court to prosecute any crime committed against me and more is running a minority mohammed in doom. But some of the weather has overturned and theres a vast area of we want to see a cloud there is an eye of the storm over the Tropical Storm barry well its not actually an eye to see at the moment so but theres this huge massive cloud you can see just to the south of new orleans and ladis what is Tropical Storm barry i think they would like to get in on this one of the be surprised if it makes it to hurrican intensity but lets take a look closer at whats going on is where we got the brightest clout that is the center of the storm if we can call it a center as such you can see how this is just to the south of new orleans gradually it is going to make its way further northward sending this kind of push up towards the louisiana coast as we go on really through the next 18 to 24 hours as i said id be surprised if it does make it to hurricane status but it will get close a strong Tropical Storm this winds sustained at around 90 Kilometers Per Hour gusting to 100 kilometers or heres the crucial thing so only moving this 7 Kilometers Per Hour is walking pace a snails pace what it starts to rain its going to rain for ages and the mississippi is already close to bursting its banks and thats going to cause a further problems then as we go on through the next couple of days were looking at so huge amounts of rainfall in that sense of 500. 00 millimeters a possibility as not to get the storm surge one to 2 meters certainly a possibility on that storm surge lotsa land close to the sea is of course around sea level so that is going to cause a problem these are the kind of rainfall totals were looking at so close to half a meter the next 36 hours. Thanks very much i have to were going to keep our message with the weather because still ahead here on aljazeera. Oysters die and the shrimp are moving out we have wildlife mammals you know dolphins are you know dying extreme weather in the u. S. Pushes the Mississippi River to record levels taking a heavy toll on wildlife. And well tell you which top tennis player is being credited with helping serena reach the with the final votes coming up with joe in sports so dont go away. Ive been looking at your Instagram Account and reading takes into the atmosphere behind the scenes this is a dialogue when donald trump announce his candidacy for president carol after them everyone has a voice the best chance the democrats have to beat donald trump is to nominate an exciting inspirational charismatic nominee to join the global conversation on your thoughts to twitter and. Find out is iraq. Every reclaim news cycle brings a series of breaking stories this maximum jail term has jumped from 5 years

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