Transcripts For ALJAZ News 20240711 : vimarsana.com

ALJAZ News July 11, 2024

Depression of the 1930 s. Also gaming retailer game stops continued surge causes anxiety on wall street a small investors take on the market titans and why namibias government is auctioning off 170 elephants despite appeals by conservationists. Welcome to the program the European Union is imposing export controls on vaccines made within the block limiting shipments to dozens of countries including the u. S. Japan australia and the United Kingdom now thats raised diplomatic tensions with the u. K. Because the controls could prevent vaccines from entering the rest of the country through Northern Ireland the e. U. Has since clarified that a lot use emergency clauses in the brics it deal to block access to the block. The kids are doing creasing pressure following shop cuts to plant vaccine deliveries it was the Pharmaceutical Company astra zeneca to stick to its contractual delivery shed jewel but the drug company says it will supply british orders 1st the e. U. Just approved astra zeneca vaccine for adults and while the approval process is beginning for 2 new vaccines from novaks a johnson and johnson but both produced we can results against the more infectious south african strain w. K. Begins our coverage from berlin this is the astra zeneca vaccine in use available to british patients most at risk from covert since late last month and from now on officially so too for many e. U. Citizens most at risk from the pandemic its a real pleasure to be here and to announce the 3rd positive opinion for the authorize ation of the astra zeneca covert 19 vaccine this expand the range of Vaccines Available to e. U. And a Member States which will all help to bring the pandemic under control and protect the citizens of the e. U. Except that far fewer e. U. Citizens will be able to receive the vaccine for the next few months after the company cut back what it could deliver to the block astra zeneca a british swedish firm blames production problems at some of its plants and said it can only deliver fewer than half of the 80000000. 00 doses promised the europeans have complained and decided to protect all vaccine stocks made on their territory as a commission because a lot of strictly targeted measures that will allow us to gather information about the production of like since and where manufacturers intend to ship them. The measure is term limited and specifically apply certain zol scored 19 vaccines that were agreed to by advanced purchase agreements as a measure is intended to run until the end of march although on the face of it this measure could apply to pfizer by on tech more downer and astra zeneca it appears most targeted at astra zeneca the root of the disagreement between the 2 sides lies in the contract they agreed last year the company says it promised its best reasonable efforts to produce sufficient vaccine for the e. U. The europeans disagree saying the deal is binding to both they say the company agreed to use its plants both in the e. U. And in britain in order to guarantee supply. The europeans have also asked how astra zeneca can have insufficient product for the e. U. But still supply the british who are immunizing far more people than in the e. U. Particularly since in the terms of this contract the company confirmed it had no other contractual obligation with any other party to prevent it fulfilling its obligations to the European Union and while the round rages on the measures to deal with the pandemic are intensifying in place germany has announced that from saturday it will ban travel from several countries where covert mutations have been reported dominick came aljazeera berlin. Kenya says health care on security personnel will be 1st in line when it starts inoculating people next month that scenes are being secured through the African Union and the w. H. O. But Health Officials say it will take until june next year to vaccinate around a 3rd of the population kenya is a member of the kovacs by cd and has made an initial commitment to procure vaccines through this proceeding with this commitment the country will receive 24000000 doses from their facility and will procure 11000000 doses from amichai new zealand to vaccinate nearly 16000000 people that is 30 percent of our population of a period of 18 months. Mozambiques president has warned that hospitals across Southern Africa are under severe strain 22 percent of all infections the region were in the 1st 2 weeks of january meanwhile doctors in zimbabwe have hit back at a government spokesman who suggested the deaths of several Ruling Party Officials from corona virus may have been the work of medical assassins a joint funeral was held this week 30 cabinet ministers and a retired army general who all died of covert 90 with borders closed many of the elite have been forced to use the Public Health system for the 1st time instead of traveling abroad for treatment medical workers say its been a rude awakening for the government. I think it is about being mythical cut. Waiting on that broken city where we are. Dying waiting for death now all these people its a little bit to me they get the nation all to give now that 15 distance is about they think that it is a medical practitioner but it is also fit with protein. Mexicos economy has suffered its biggest contractions since the Great Depression of the 1930 s. Its crown of our us death tolls the past that of india this week mexico now has the 3rd highest number of fatalities in the world with more than 155000 confirmed deaths reports now from mexico city. This is a scene that plays out every day in mexico each time its a different family saying their goodbyes to a loved one lost to cope with 19. Years before if we had 10 Funeral Services then about 2 of them were for coated the rest heart attacks Natural Causes but now its 8 for covert and 2 normal Funeral Services so its a big increase in deaths because of coded. Over the past month the death toll in mexico has risen dramatically and on thursday the country overtook india for the 3rd highest coronavirus death toll in the world as you can and will get if we keep on going like this will be the 1st in the world for deaths a piece of advice that people keep on looking after themselves use face masks use hands follow orders from the government because if not will be 1st in the world. In the mexican Capital Hospitals are nearing their occupancy limits many are already for for months mexico City Ambulance drivers have been reporting difficulties finding hospitals with available beds now 11 months into the covert 900 pandemic many fear the Public Health system is nearing collapse. This week mexicos president and his older brother were tested positive for the virus and has since been out of the public eye here. Let me just close with a general report as we do every day about the health of president and just Manuel Lopez Obrador he has had some brief and let the besides of fever practically none of the discomfort. President Lopez Obrador has been widely criticized for downplaying the severity of the outbreak in his country. The still worsening death toll highlights the enormous challenge mexico continues to face intervene contagion and joins me now live from mexico city via skype and so the economic worries are also impacting on this country already dealing with what youve reported a depressing covert 19 infection and death rate. Thats right its a hail and like many countries of the world the pandemic has been devastating on the mexican economy that the big difference between mexico and other countries who may have fared better in their economic downturns as a result of the pandemic in 2020 is that mexico was already on the sort of precipice of an economic crisis even before the pandemic arrived the big concern now is that any economic recovery that could have been predicted for the 1st quarter of 2021 will be wiped by this ongoing surge in kobe 1000 cases that we continue to see here in the mexican capital and nationwide across the country we should note that mexico specifically here in mexico city has been on red alert the highest the highest alert since mid december and even still we continue to see these record numbers of coronavirus cases and record numbers of coronavirus cases just on thursday evening mexico surpassed india as you saw in the report. To now but represent the 3rd highest coronavirus death toll in the world but this 1st month of 2021 has been especially hard. I think many people are surprised. To see the death toll go beyond india but again this is the 2nd largest economy in latin america the impact that this is having on the daily lives of average mexicans is been absolutely devastating and again its the worst economic downturn that the country has seen since the Great Depression some 90 years ago you know certainly new lots of end of the tunnel for latin america for the moment well thank you. Lets head over to the middle east now to lebanon where the caretaker Prime Minister has condemned violent demonstrations in tripoli protesters clashed with Security Forces and something municipality building on fire the city is now saying its 5th consecutive nights of unrest demonstrations that coronavirus locks on without providing any Financial Relief hundreds have been injured and at least 2 People Killed after Security Forces used live ammunition to disperse demonstrators. Bill bob i will help to lay the mirror i make some planning to destroy other places in the city we will stand up to them and confront them we will not accept anymore the civil committees much the way that they used to be demonstrating is acceptable we are for peaceful protest but we are against any attack on private or public property. Well still ahead here on aljazeera they kept coming back our project in argentina is releasing endangered jank us into the countrys wetlands for the 1st time in 70 years to stay with us here on aljazeera. Hello weve got some quiet weather pushing into eastern parts of the u. S. Over the next couple of days this massive clouds in the process of pulling out of the way this dark bordello windy weather wet weather at times when she weather easing off the eastern seaboard then so were going to pull in a northerly wind so its going to be cold as we go through the next day or so temperatures new york no higher than around minus one celsius in the heat of the day on saturday a whole lot better in they say we got some disturbed weather pushing across the plains as we go on through saturday some heavy rain here bumping into that cold rexy of the winds coming from a southerly direction that most direct coming in from the gulf of mexico to hit in the cold air significant snow fall that will cause some disruption and we have seen some disruption recently across parts of california think squatting down here is to go on through saturday temps getting up to around 16 celsius in San Francisco by sunday night 20 there in l. A. So something of a rise in temperatures here and it will be somewhat drier and brighter not so she pushed further north more snow into northern parts of california oregon Washington State and pushing up towards that western side of canada as the central areas in between is largely fine and dry with some crisp sunshine coming through this week. Its 10 years since revolutions across the arab world challenge the power. But how did these leaders rise to their positions the principle of the dictator before his dictator was to be patient they played the game very carefully and how did they stay in control the common thing amongst the arab dictators is incredible will to survive the arab awakening absolute power. On the. Roof. Oh. Oh. Welcome back youre watching aljazeera with me sell rahman remind of our top stories the European Union has reserved reversed patni a decision to impose export controls on vaccines made within the block to the u. K. Which would have invoked an emergency clause in the brics that deal the controls would have prevented vaccines from entering the u. K. Through Northern Ireland Drug Companies and novaks and johnson and johnson of introduce 2 new vaccines to fight the pandemic johnson and johnsons inoculation is a single shot jab that both produced weaken results on the more infectious south african strain. Mexicos economy last year suffered its biggest contraction since the Great Depression of the 1930 s. Its coronavirus death toll surpassed that of india this week and now has the 3rd highest number of fatalities across the world. Now u. S. Stock markets remain volatile as concern grows on wall street over how much damage can be done in. A battle between multibillion dollar hedge funds and small time traders an Online Campaign to buy shares in struggling videogames retailer game stop has seen prices rally by 1700 percent in just a week Small Traders have been trying to push up prices in a bid to thwart wall street hedge funds who make a profit by trading shares in failing businesses Christine Christine salumi joins me now live from new york our correspondent there in kristen obviously you know the market as we can see has been up and down but this is all being driven by individual socalled Retail Investors i mean where does it end and how high can the market go. Yes so overall the market is down it was the worst week for wall street since october with all 3 major indexes closing 2 percent lower about 2 percent lower even as game stop in other stocks that are considered overpriced and overvalued continue to soar game stop was considered overvalued for example when it was trading at 40. 00 a share its now trading at 325. 00 a share and amc which is a very troubled theater chain here in the United States is up 50 percent despite difficulties with its business so all of this as you mention is calm causing great concern for hedge funds and Institutional Investors who were betting that the stocks would go down one hedge fund had to bake 8 its positions on game stop after losing literally billions of dollars some of these other hedge funds are hanging on hoping that the price will eventually drop and theyll be able to recoup their losses but all of this is weighing on the Broader Market as it chad challenges some basic assumptions about wall street namely that for a stock to be valuable it has to meet certain socalled fundamentals there has to be profitability there has to be assets and growth possibilities and so on so all of that you know is something that is new to the marketplace here in s. C. You see the security and Exchange Commission here and other regulators the Treasury Department are all grappling with this how high it can go what it means for a system that has till now been largely controlled by these Institutional Investors that part of the issue here is youve got people rallying trades on social media and apps that allow amateur investors to easily. Get it into the market place one of them called robin hood came under fire when it tried to dial back the ability and put restrictions on the ability of people to trade in these stocks it said it was worried about liquidity that it would have enough money to cover these bets essentially there was a huge push back and backlash not only from investors but also from politicians and its interesting on on the left and the right they both came out and said this was undemocratic in the apps very claim to fame its montra if you will is the democratization of finance thats its whole reason for existing apparently but it was worried about being able to cover these margins so it scaled back the limits after those protests now its reinstated them and youve got the f. C. C. Saying theyre monitoring the situation that theyre going to make sure that Retail Investors can get their say but you know at some point the prices are going to drop in the question is whos going to be hurt more these Institutional Investors or individuals but it really upsets the order of things so so the concern for the regulators is the impact on the Broader Market and theyre trying to answer the same question that you asked where does it end indeed Interesting Times for the u. S. Stock market thanks kristens leave me a correspondent in new york now the u. S. Has a new special envoy for iran Robert Malley will be tough for the navigating one of the most controversial Foreign Policy files facing the by the administration now hell be in charge of washingtons efforts to revive the nuclear deal with tyrol after it was abandoned under former President Trump diplomatic editor james bays reports he now has one of the most important roles in global diplomacy rob malley whos been serving as the head of the think tank the International Crisis group is a veteran diplomat. He was one of the members of the Obama Administration who brokered the Iran Nuclear Deal his job according to the new u. S. National security advisor

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