Transcripts For CNNW Fareed 20240616 : vimarsana.com

Transcripts For CNNW Fareed 20240616



billion with a b. >> we've got this honor. >> got this. >> i'm melissa bell in paris and this is cnn this is gps, the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria coming to you live from london today on the, program why won't hamas agreed depressive biden's proposed season? >> as five deal that would pause. maybe end the war in gaza will dig into the many motives of the palestinian militant group. and its leadership also should russia, us frozen assets be used to aid ukraine. >> it's been a big controversial question in the west when, it came to a head this week at the g7 meetings i'll talk to the fta is julian data about it all and they'll gain diggs nuclear power. >> in fact he thinks we need much more of it and he's putting his money where his mouth is breaking ground this week on a new reactor for in wyoming gets tells me why he is so bullish on this controversial power source but first, here's my take an american in europe these days might find themselves in a strange situation, or at least that was my experience having recently spent a week, they're traveling from germany to norway to spain in the united states, we talk about our economic problems in europe. the torque is all about how europe has been unable to keep up with the american powerhouse the facts are stark in 2008, the united states and the eurozone economies, or roughly the same size. today, the american economy is nearly twice the size of the eurozone it is not just one measure average european income is now 27% lower than in the us. and average wages 37% lower when the british left the european union, they fantasized about forging a close relationship with the united states almost becoming the 51st state we're that to happen. it is surely so going to britain's to realize that it would be the 51st poorest state in the union with a per capita gdp below that of mississippi the american economy towers above europe's these days, america's technology companies dominate the continent. american banks of far more profitable than european ones, american energy production has created a boom in manufacturing, which is luring many european companies to the us as one german ceo said to me, america is an easier place to do business has fewer regulations and now has much lower energy costs. how do i rationally invest in europe? two of europe's largest oil companies shell and tertel energies, have mused about fleeing europe and floating their shares on the new york stock exchange european leaders understand the problem and have proposed a series of solutions to former italian prime ministers and recall letter and mario draghi have been tasked with producing reports with policy ideas to counter the slide. let us is out and many people who have spoken to druggie have a sense of his proposals as well. they center on the central issue. europe is two divided technology is a good prism through which to understand the challenge, to create powerful digital companies these days, you need three factors. great engineering, talent, easy access to capital, and a large market into which you can quickly deploy the new products scale. america has all three as does china europe has some of the world's most talented engineers. it has access to capital, but it does not have a single market. despite often being described as such tech entrepreneurs struggle to navigate 27 different markets with different regulations, authorities, standards, and requirements. this is why as the letter report notes europe is home to 33 trillion euros of savings. but every year, 300 billion euros of european money is diverted to overseas markets to find superior investments. most of them in the united states these economic challenges are mirrored in the geopolitical arena. europe remains a conglomeration of countries that pretend to have a unified defense and foreign policy defense spending is now rising, but remains too low having gone down to a new normal since the end of the cold war germany is the best example in the 1980s, west germany had over 500,000 soldiers in its army on high alert to take on a soviet invasion through the folder gap today, a unified germany has fewer than 200,000 troops under arms and readiness levels are not nearly as high the british navy that once ruled the waves is now smaller than it was in the 17th century and while efforts are underway to boost spending two of its warships were recently decommissioned because they simply want enough sailors to man them european countries need to spend more, but they spend a considerable amount already alas, much of it is wasted because there is little coordination and no grand strategy that animates it. many western european countries still spend money on territorial defense. who is going to invade belgium when they should focus on the capacity to move troops and equipment to defend the eastern front tears of europe, which is where the threat comes from. again, because european producers do not have continent-wide scale. much of europe's defense spending goes to american companies the solution to york's worst can be summarized in one line a deeper, more united, more strategic europe. but that solution means inevitably more power to the european union, which feeds the populace backlash that was so evident in last week's elections. a european politician explained to me the continents dilemma. >> we know what to do. >> he said, we just don't know how to win an election after we do it perhaps the best rejoinder would be the quote, another european, zhao mane, one of the founders of the european union. europe will be forged in crisis and will be the sum of the solutions adopted for those crises. >> go to cnn.com slash fareed for link to my washington post column this week. >> and let's get started after more than eight months of brutal war or new ceasefire seemed possible this week, a plan back by president biden was approved by the un security council on monday prime minister netanyahu himself hasn't publicly supported the plan, but top american officials suggests it is this is hamas that is keeping the plan for moving forward. >> the militant group has proposed changes to the deal secretary of state blinken said some of the changes are workable some are not. meanwhile, reporting by the wall street journal earlier this week quoted hamas leader yahya sinwar is saying that palestinian suffering amounts to necessary sacrifices hamas has dismissed these reports, labeling them as fake two deconstruct the motivations of hamas and much else i'm joined by director of middle east and north africa program at chatham house. sanam vakil, pleasures and i'm so put yourself in the irs and worse shoes and i know you teach a course on leadership. imagine you're him for a moment. >> when he looks at this landscape and this peace deal, or the ceasefire deal, what is he scene? well, i think it's very important to think of liters and their calculations. and too often we don't yahya sinwar is oftentimes seen to be a miscalculating because he's not putting the lives of palestinians at the forefront and pushing for the ceasefire. instead, what sinwar is doing, he has three objectives. his personal survival, the survival of hamas. as well as elevating the issue of palestine back on the international stage. he has succeeded in elevating the issue of palestine for now what he has also 60 that is keeping hamas somewhat intact, right? and he continues to survive, but to guarantee those three goals to move forward, he also needs a permanent ceasefire, and that's what he's pushing for in terms of the changes with the biden administration' s deal so when you say he's succeeded, your right eye, people are talking about the palestinian state, though of course, not in israel, which is the country they would have to grant it, but it has elevated the cause. >> he's personally safe. how badly has hamas been destroyed from best you can tell? >> well certainly they have been degraded. israel continues to press in terms of military capabilities their weekend and there are tens of thousands of hamas militants that have been killed. but hamas is operating underground and clearly sinwar is living underground and it's unlikely that you'll ever have public like outward-facing leadership again. but hamas is an idea that is going to be very difficult to eradicate. hamas continues to live on as, as a fighting force against israel. and i think that for now, the fact that they are still they're still fighting and still living on as the idea means that israel's objectives are unachievable in a sense, if they survive, they have one, right? which, which is what you're saying. what about hezbollah? did sinwar calculate in expecting? that has bulla would join in the battle frontally. they have provided some support by, by shelling the north, by lobbing missiles. >> but was there do you think sinwar expected more from hezbollah to be honest, it's really early to say too early actually to anticipate what the nature of the planning of october 7 was. >> i think that of course we assume that has below would pile in and support hamas. but the nature and calculations of the accident this of resistance that includes hezbollah, hamas, the houthis, et cetera. is evolving hezbollah has, as you mentioned, provided that support that distraction. it's also invested in keeping hamas a lot but all of these groups are also self-preservation or they have a domestic mandate they have a domestic constituency that they're trying to answer two, and it would be a mistake for heather as bola, to gamble on its own survivability for hamas or for the broader access to there. >> as well as number one issue is make sure hezbollah is fine. same for the houthis. what about this the the peace deal that you say? so what sinwar wants as a permanent end to the hostilities, so that he can let's stand up and say, we survived. we were still around how likely is that to happen? >> i don't think it's likely to happen in the immediate future. he is more vested in keeping himself alive and keeping hamas alive. and he very much can read the israeli landscape quite well, knowing full well that the israeli prime minister netanyahu also doesn't have an interest in immediately signing on to a permanent peace deal because netanyahu was objectives are the eradication of hamas. so both sides haven't yet hit that stalemate. that mutually hurting stalemate that is often described in conflict to get to that deal. so there's a mutual interests actually and continuing this war for now and these timelines or not but aligned with that of the biden administration that needs that pcl right now so you're saying this is going to go on. >> you have your prediction is this is going to continue and your, what hamas is going to keep trying to do is to show that it hasn't died by both sporadic violence popping up in the north and things like that. can israel do any he thing to really eradicate hamas i think it's going to be a long-term military exercise, but it has to move beyond the military engagement as hamas is not just a military power, but an idea of resistance. >> i think that the israeli landscape has to start embracing alternative mechanisms to deal with the issue of palestine that they have pushed aside for two decades. >> one state solution and putting people behind walls and gates hasn't worked for israel. >> it hasn't given israel's security. so perhaps it's time for israel and its leadership to engage with an idea of sovereignty is statehood self-determination for palestinians and give them the dignity that palestinians deserve pleasure to have you on thank you. thank you. >> next on gps, ever since russia invaded ukraine and the west sees hundreds of billions of dollars worth of russian central bank assets. the question has been should the west takes those funds an answer and merge this week we'll hear about it when 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came to a compromise. they agreed to issue of $50 billion loan to ukraine that would read repaid by the income of these assets join me to talk about all this is jillian tzachi is a columnist and editorial board member of the financial times. she's also the provost of king's college, cambridge julian, pleasure to have you on the first simple question. i think it was wondering is, look, why not just, we've confiscated the assets. why not just take them and spend them on bill rebuilding? ukraine? >> yes. i know this looks pretty complicated. like a lot of financial instruments and derivatives that are out there in the financial system. >> but the reason why they haven't just grabbed the assets is twofold. >> firstly, many europeans don't want to set a precedent that if a country leaves the assets inside europe and there's a big geopolitical row those acid a seized because they fear that if that president is set than other countries won't ever use europe again as a place for distort their financial assets. >> but secondly, the problem with season the assets is that would be permanent. >> it can't be reversed if say there's a change of government in moscow in the future, or if there's a b still, yes what does a fee still? >> and the key point is that although america is driving this desire to give the assets to ukraine, most of the assets, 200,260 billion euro acids are actually sitting in europe. >> and that makes the discussions very, very complicated. >> and so in europe, they're in effect, this is one of the kind of businesses of places, countries like belgium, where they act as clearing houses for all this money and the fear is that the indians will pull their money out there. all those other people, what is the american answer to that? >> well, absolutely. >> i mean, remember europe is fighting to maintain itself as a financial center in the world and not have all the business go to new york or singapore, or dubai in the future? so what they've essentially done is a very clever compromise where they've said, we're not going to seize all the assets permanently. we're going to use the interest on the assets and back alone with that interest so that means that there will be money going to ukraine not until the end of the year, but there will be money going to ukraine but it also means that if situation changes again in the future, then essentially those assets are still sitting there frozen and they can be given back to russia in the future if there is indeed a peace deal or a change of government. so they're trying to thread the needle. and if you like, have it both ways with optionality. but also the money flowing to ukraine obviously, ukraine would prefer to have the $300 billion rather than just the $50 billion loan obviously, that will be a lot cleaner. but this is attempt to, as so often in international politics and finance, create a compromise that keeps almost everyone happy the key thing to ask about this whole deal is if somebody breaks rules, like invade another country illegally, does that justify breaking more rules to punish them or not? and that's really the problem right now. >> do you in order to uphold the rules-based international system, do every now and then have to break some of those rules. i mean, when larry summers and bobs alec say, look, we are setting a precedent and the president is your assets are safe except if you engage in naked aggression absolutely. >> and of course, a backdrop to all this is a concern them in europe that and of course ukraine, that if donald trump wins the election in november in the us, then suddenly there'll be knocked only less aid for ukraine or if no aid for ukraine, but also, you'll have the president in place who doesn't believe in rules in general it seems and international order. so they're trying to lay down if you'd like a path for supporting ukraine that can't be easily reversed. but they hope will actually keep the economy going. the other thing to bear in mind is that the history of wars show that in many, many cases, when a country falls into war, it ends up having hyperinflation and a collapse in the economy because it runs out of money so the west is frankly trying to avoid ukraine tumbling into hyperinflation. and so many was struck countries have in the past, why has that happened to russia? what are your thoughts on what, how russia has survived the sanctions and why? >> well, up until now, russia has survived relatively well, although it's worth saying that ironically, inflation ukraine right now now it's around three or 4% in russia, inflation is around 20%. and in many ways, a russian economy is showing a lot of stress and strain. the reasons why it's advice so far is that firstly, the kremlin has reorientate to the economy towards industrial production. and in particular, war production. and that's given quite a boost it has enough control of the economy that really can read or write assets when it gets herself organised. the other reason courses, the oil price has not collapsed. and so russia still getting revenues from the oil price in spite of western sanctions. but the other big, highly controversial reason is china china is providing all kinds of support to the russian economy at the moment. in a way that many russians feel quite uneasy about because they don't like being depend on china many americans and the europeans are furious about. but as long as that flow and that's what happens, it's going to be tough for the allies to crush the russian economy as they had hoped. although what i would stress is if you look into the weeds of the data coming out of russia right now insofar as they're accurate, it does indicate that the russian economy is based in growing stress. and those stressors will almost certainly get worse and worse as a year. rolls on bottom line, you think that this deal worked out at the g7 is a good compromise or allows the europeans to feel that their businesses, their long-term business is protected, allows ukraine to get some money absolutely. i think it's probably is the least bad deal. and right now, we are in the world of not so much good deals, but least bad deals. ukraine definitely need support. it ideally need support that it's really protected from a change of government in washington that might potentially occur later this year but at the same time, i do understand why people are saying that simply seizing his assets right now in a permanent way? >> would be risky. and the other point to bear in mind is that all cost european leaders and america have to stay together united right now because if they are split apart by fighting about this deal or anything else, it will be so much easier for bloody mia putin to triumph or to at least look as if it's time thing and so much worse for ukraine julian ted, as always, so enlightening next on gps, bill gates, who's shoveling dirt in wyoming. >> i'll tell you why when we come back there's no war so hateful. war 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life in america begins june 27. >> good seven in his 2021 book. >> how to avoid a climate disaster, bill gates wrote that in order to solve the climate crisis we need to make clean energy economically competitive with fossil fuels. this week, he broke ground on a new facility in wyoming that he says will do just that it is a nuclear power plant with a reactor that is about one-third the size of a traditional reactor. and it's cooled by liquid it's sodium instead of water. gate says that makes it safer and simpler to build out its the latest initiative from his company, terra power. the project phases, hurdles was prominently the nuclear regulatory commission has indeed approved the plan for the reactor in the past nuclear projects have been plagued by delays and high costs. but proponents of these new reactors say that they are the key to a future with an abundance of clean energy i spoke to gaetz this week about the initiative and the future of nuclear power bill gates pleasure to have you on the show right, to talk to you. >> when i talk to people about nuclear, they said, the biggest problem with nuclear is not all the things people worry about radioactive waste and it's just, it's so expensive. >> the capital expenditures are so massive. >> have you come up with something genuinely? >> why is this, this guy? nuclear plant gonna be so much cheaper yeah, we've been willing to go back to the basics and do what people have always said should be done, which is to cool the plant with metal instead of water. >> and that means that this problem of high pressure and extra heat when you shut down is completely solved. and so the complexity that's meant that nuclear has gotten more complex and more expensive as it's gone from first, third generation, we change that utterly there's a russia angle here to write, which is the fuel that you need is mostly comes out of russia. >> is that a limitation? how do you think about that yeah. >> so we've had to change the original plan, which would have gotten done in 2028, was dependent on fuel fabrication and russia, that's of course unacceptable noun so all the fuel for these plants will come either from the united states are friendly countries, what about the politics and psychology of this bill, which is, you know, whatever you may say about the facts, the reality is that it post fukushima in japan. >> there's huge concern germany, they shut down their nuclear plants what do you say to people to give them assurance, particularly with regard to this nuclear power plant, terror power yeah, the inherent safety features in here are pretty amazing it, even though nuclear actually has a pretty good track record despite the problems. >> this is in a different regime. it doesn't require operators to do the right things it just inherently the, heat fully gets absorbed with no release. so there's a lot of countries like france, the uk, japan, south korea, who are very accepting them nuclear impact. they know, they need nuclear japan's not as lucky as the us in terms of land for solar wind. and so to go green it's got to be even higher percentage to clear in that case. and so working with those countries will show that we can get the cost down. and then i think even countries like germany will look at this next generation and reconsider but you once said that if you got one wish if you had a magic wand and you had one wish, it would be to find a source of energy that was cheaper than coal and had zero emissions so i think your nuclear plant is going to have close to zero emissions, but it ain't going to be cheaper than coal, right well, the cold particular, if you look at the health costs of the emissions coal is being out competed by natural gas and so what we have to do is compete effectively with now pro gas. so once we get to like our tenth unit and we have our component costs down we shouldn't expect people buy electricity to pay higher prices in the risks should be these private investors and the us government and we believe we could meet that very aggressive cost target. and that's why we have the company and why we think it can not just in the us but globally contribute to the climate challenge you've invested in this for a long time. >> if this happens in the next five years, will you actually make money on it or is this is this this is a write-off because you think this is important for the planet well, amazingly, when a company succeeds in innovating, then it can be profitable all these climate investments i've made, if we do succeed overall, that money goes to the gates foundation, so it allows us to do more on things like malaria bn tuberculosis bill gates, always a pleasure to talk to you. >> thank you thank you. next on gps from innovations in energy to innovations in education i'll take a look at how ai could transform how children learn. when we come back the devastating and sudden power of sooner it happened in far away lands, and it's easy to think. >> it 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gastric during her all adjust how you can take control of your crohn's with sky rosie learn health api could help you save have heart failure with unresolved symptoms. it may be time to see the bigger picture. heart failure and seemingly unrelated pleaded symptoms like carpal tunnel syndrome shortness of breath an irregular heartbeat could mean something more serious cold, eight ttr cm are rare under-diagnosed disease that worsens over time. sound like you call your cardiologist and ask about 18 t rcm. >> i learned thoughts on capitol hill and the ai has the potential to transform the world we live in from warfare to banking to health care. and according to my next guest education as well sal khan is the founder and ceo of khan academy and education platform that was teaching students online long before covid force kids from classrooms and 2020 his new book, brave new words, looks at how ai will revolutionize education, enhancing the way teachers teach, and children learn itself. welcome, thanks for having me. so you have an amazing story here about the openai guys, sam altman and company coming to you before we knew about chatgpt and all that? why did they come to you? >> they'll summer of 2022. and i got this cryptic email from sam altman and greg brockman. greg's the president openai saying, hey, we have our next model that we're training, but we'd love to meet and show it to you to see if it's useful for you and i was skeptical and they said, look, the reason we want to meet you is we want a lead with social positive use cases with organizations that folks trust. so they they thought of khan academy and yeah, that first demo, they showed an ap biology question and they say, sal, what's the answer? i'm like, i think it's osmosis. okay. c and said, see, i'm not going to maybe got lucky. i said ask it to explain the answer and it did ask it to explain what the wrong answers it did create more questions. and now people are used to this we all use chatgpt, but you can imagine the summer of 2022, i started to is this. for. real and then they gave access that weekend and i couldn't sleep that weekend. >> everyone at some level, things, it's going to transform everything but i mean, how do you think about what is going, what is the transformation going to look like if you were to characterize in a way that will help people make sense of it. >> i know it sounds hyperbolic, but it will transform everything. and i think it's very easy for people to imagine the negative transformations and they will happen. but i point out, i point out in the book like all technology at amplifies human intent and so it's all about, can we, can we amplify some positive intent? and that's where education. you should never put the technology in front of the use case at khan academy. we set up as a not-for-profit many years ago, as you know, it started with me tutoring family, and everything we've done since then has been to scale up that type of personalization that that was originally able to do with my cousin nadia. we used to do that with videos. we did that with exercises, with teacher tools. but now we can use ai to get that much closer to emulating it. but in very simple terms, it can get that much closer to a real tutor for every student and a teaching assistant, not a teacher. i think the teachers are going to be more important than ever. her in an ai world. >> why do you need the teacher if the ai is able to answer the question to tell you why it's the right answer. if interact with the student who says, but i don't understand this part. and the ai can do that better than the human teacher because the ai has all the knowledge in the world, et cetera. you know, are you just being politically correct by saying, oh yeah, well, i'll always be room for the teacher. >> i don't think i have. i mean, i genuinely and i thought about this from my own family, if i had to pick between amazing teacher and no technology or amazing technology and no teacher. i'd pick the amazing teacher and no technology. then the question is why even when khan academy pre ai khan academy first came on? >> from the seen people use to say, oh, you've made some videos won't this replaced the lecture, and i was like, it actually will replay if someone is all they're doing is giving a lecture, then yeah, i do think on-demand video we'll replace that but in an ideal world, it liberates that person who used to have to use that class time for lecture to now do more interactive things. >> mentor students, do more focused interactions and now with artificial intelligence that extends that, i tell every teacher if you could get teaching assistants that can do all of this work. now you can spend more human to human time with students how do you deal with the problem that everybody i know in education is worried about, which is, will students actually do the work if i can do the work for them? how do you devise tests and a world in which the students can just have the ai do the right, the paper do the answers, whatever so the book, there's a whole chapter on cheating and how is like to start first principles like what was going on even before chatgpt. it turns out there was a lot of cheating. and to some degree, chatgpt just put a spotlight on a problem that already existed. >> but i also think the underlying technology maybe not chatgpt can be part of the solution. >> what we're building with kohn amigo is the student can work with the ai but ai reports everything to the teacher. so it's not going to do it for the student. it can support the student better. but then when i submit it to the teacher, the teacher doesn't just get the final output, which is when we were growing up. that's all the teacher got. >> but now the teacher can get the entire process. you, you sound altogether too optimistic about this what are you, are you really not as worried about the downsides? >> oh, i'm very worried part of why i tried to focus on the glass half full is it's including my it's very easy to imagine the negatives i am very worried there's already examples of people a phone call from someone that sounds like your grandson saying that they're in jail. this is only going to happen more and more. you're already seeing bullying in schools where people are creating deepfakes of their classmates doing horrible things this is there was a recent school system where someone fabricated are racist comment by a school leader and that person almost lost their jobs. so this is, this is going to accelerate, so we need with state actors are going to use it to minute. you can imagine creating people, people, creating videos of runs on banks that create financial situations. so there's a lot to worry about, but i hope that by reading this book, people realize once again, it's not a flip of a coin. whether ai is a net positive or net negative, the bad actors are going to do the bad stuff. hopefully we can police them and protect from them but the good actors need to lean into this. and if more positive human intent, positive human resources go behind it. there's a lot of good that can happen south khan, always a pleasure to talk to you. thanks for having me next on gps. british prime minister rishi sunak has a controversial plan to send asylum seekers all the way to rwanda, some 4,000 miles away from britain is that smart? is it ethical i'll explore when we come back there's no war, so hateful war between kin bloody war between tracks house of the dragon streaming exclusively on max, right now, you get a free foot locker subway just by any foot login to add to get one free, just scan the qr code and he had a promo code, fifo, go you only works. >> i'm not a saturday screen buddy. >> you still got a landline. are your house auto noun to subway out. >> oh, carney isolde. >> it's got to me. i saw them. that's what i said. god-man. >> harnik got to meet her neck, but with more flavor. got. any current tracing it like this juicy 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and spies tonight at ten on cnn close captioning brought to you by guilt, visit gilt.com today for up to 70% off designer brands, it has the designers like get your heart racing what inside a prices. new every day, hurry. there'll be gone in a flash designer sales at up to 70% or so of gilt.com today now for the last look, as in 2016 immigration is shaping up to be a central issue in this year's us presidential election. >> trump has promising mass deportation and biden is trying to use executive action to get the border under control across the atlantic. another election is playing out with immigration at its heart british voters will go to the polls on july 4th. and each party is putting its immigration plan front-and-center, like much of the industrialized world, britain is struggling with an influx of migrants seeking asylum. >> the conservative party led by prime minister rishi sunak has a controversial answer to this problem it wants to send many asylum seekers to a third party location. >> the east african nation of rwanda. >> some 4,000 miles away. they would have the opportunity to settle in rwanda, not britain. >> the britain would provide funds to help people build a new life there. rwanda itself would benefit financially and reputationally but the flights may never happened because the labour party is totally opposed to the plan and it's following well ahead of the conservatives sunak says the choice of this election is clear because only his plan will deter people from coming. we want genuinely in search of a silent the idea is that many, many people who show up seeking asylum are really economic migrants trying to cut the long line for normal immigration actual refugees under international law are people fleeing persecution due to their identity or opinions. they are entitled to live in a place where they will not be threatened on account of their race, religion, nationality, membership of a particular social group, or political opinion rwanda, for country, wouldn't be high on the list for people fleeing poverty. but most people persecuted in their home country would not face the same threats. and we wonder, there's no reason to think that an ethnic group targeted by the taliban or religious minority targeted in india would be at risk in rwanda it's worth noting that rwanda has come a long way since the genocide. >> it is one of the fastest-growing economies in the world. >> and boasts a murder rate, lower than that of the united states. its leader does have autocratic tendencies stamping out dissented, targeting political opponents. but it is a stable country and most types of asylum seekers should be safe there still critic sarah wonders unsafe and the briton is becoming a rogue state for sending these vulnerable people. they're britain's supreme court struck down an earlier version of the plan, saying rwanda lacked adequate safeguards required by international asylum law sunak retool the plan and signed a treaty with rwanda to ensure more protections. but legal challenges remain the labour party is objections are mostly about the costs keir starmer calls the policy a gimmick that wouldn't work but would cost a fortune indeed, britain would spend about $600 million for the first 300 migrants. they'll go to wonder about 2 million per person but a lot of that reflects high up-front costs and future relocations would be much cheaper. also, the uk currently spends almost $4 billion a year on hotels for tens of thousands of asylum seekers so if the policy dissuaded large numbers of migrants from coming some of the costs would be offset labors plan on the other hand, is to invest in law enforcement efforts against human traffickers. it also wants to hire more agents to speed processing of asylum claims and quickly deport people who are denied whether the wonder plan ever happens. the idea has caught the world's attention outside advisers to trump are reportedly considering how the us could replicate the scheme in some way as mass asylum applications continue to overwhelm the industrialized world. countries are going to keep looking for unusual controversial ways to stem the flows thanks to all of you for being part of my program this week, i will see you next week. >> want a daily dose for reid and his team. now, you can get it with for reads global briefing, the newsletter that gives you the best insights the kind analysis in global affairs go to cnn.com slash fareed to sign up the most anticipated moment of this election. >> and mistakes couldn't be higher. the president and the former president's one stage moderated by jake tapper and dana bash, the cnn presidential debate thursday, june 27th, nine live on cnn and streaming on max. >> in the next 30 seconds, 250 couples will need to make room for a nursery. 26 people will go all-in this family will get two bathrooms. and finally, one vacation or we'll say yeah, i'm going to live here. but as a euphoria subsides, their realisation hits. i can 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