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The race to the white house goes on joe biden is in but secured his place is the democratic nominee but can he be still trying to join us for continuing coverage of the u. S. Election 2020 on aljazeera. Well im Richelle Carey this is counting the cost on aljazeera your look at the world of business and economics this week billions now to save trillions in lost economic output the hunt for a vaccine is on well talk to the c. E. O. Of a drug maker that is using a cancer drug in trials to treat over 1000. 00 patients and from senegal the 1. 00 test kit. Oil shock crude to sink into negative territory now cheap oil may be good for some users but it also means job losses as rigs shut down production. As government spent trillions on keeping a condemnation from collapsing it is time to consider the other crisis Climate Change and starting to issue green bonds. But should take 10 to ....
Nobody wants to touch these tankers and this these wounds are then taken out the International Trade and thats thats thats a substantial piece of hardware that goes out and obviously supply to. The places shoot up weve also got to laze that its not just the china connection there are there are other aspects to the increase in tanker trade as well as you know the venezuelan sanctions are also in place similar to indian crew bankers handling venezuelan goold are all sort of under the lens but that puts away another piece of get out of circulation and as you know that i am more 2020 said to kick in in the next 3 months which basically means that the ships need to adhere to or rather stricter level of pollution control so a good number of ships have actually in the docks and theyre going in blood grid scrubbers and things like that so all these things could be things put together is what is currently impacting the rise in. Danko ....
Fight but i just find politics to find your personal relationship and it might be much everybody sprats them up with the rush the air tonight certainly the numbers in the beginning of the field of battle over the last 2 days have you gotten was used by the ambassador to the house and kept anyone away tonight not the ones that have rushed to the multinational home on the leaders they have been eating there all of them in the service of the budget have more than a whole heap of tackling the bone broken up to make that deadline is about to case for tonight ali maybe to. Give a bit of the atmosphere certainly tonight here in beirut also not just here may rue people out of there out in the streets across the country in the north in the south in the shia areas in the old Mission Areas with the it is something that is crossing to my corner of the monument. At least. Not in the not all that is really not important much no accident thats ou ....
Will add to that sanctions countries a still managing to get crude to customers by offloading at sea and switching off tracking devices who better to pick all this up with than rajat kapoor managing director of oil and gas at a. W. I. Lloyd thanks for being with us roger so what needs to happen to bring tanker prices down should we be concerned here whos shouldering the cost. Obviously a big effect on the tanker prices and the way it is and where they are today has got to do with the current sanctions that the u. S. Administration has put on iranian crude in order to prevent offloading often include in the high seas in order to stop at least do it to the bare minimum export of group to china the u. S. As you know last month in order to sanctions on the tanker subsidiaries of costco which is a China Shipping line and in the largest shipping line in the world so once you have the sanctions coming in from the u. S. On these entities ....