Is now one the economy could be plunged into recession if the antigovernment protests continue one citywide strike cost the economy as much as 332000000. 00 according to economists and dont forget the knock on effect too from the trade war between the United States and china and to thomas has been reporting for hours as they were right throughout the protest movement here is his take on the economic effect. Monsoons during hong kongs rainy season often put a damper on shopping but this year its not just the rain. Protests against hong kongs government to having a big impact on the retail sector. Retail revenues in june were down 7 percent year on year figures by july and august are expected to show drops of between 10 and 20 percent. This locksmith in Central Hong Kong says in 42 years its never be batched. Take to talk business is terrible terrible people have lost their spends i hope both sides can resolve the conflict soon so can stop hurting the economy in 3 years from worry and fear. Tourists to missing especially those from Mainland ChinaHotel Occupancy rights in june is the protests began where 3 percent down on normal life figures once theyre out much steeper for still these are those who werent put off this time around but for some it was a close call home and pulled down main lenders like guests afraid to run to protest i wont be rushing back i right away and frightened down or do you always see it i suggest that you have. It worried me when i heard about the demonstrations before i came out since ive been here its actually been fine place for me theres been no sign of demonstrations in the places ive been. Tourists losing confidence in hong kong is one thing but if International Credit rating agencies do. 2 that could be disastrous if. Continual and escalate. And become uncontrollable then that will have Significant Impact on hong kong. And there will be here which ok likely to be impact. Hong kongs current Credit Rating schools are similar to those of the United States theyre a lot better than Mainland China because hong kong is seen as economically and legally independent the protest could mean a downgrade either because they make hong kong a more difficult place to do business or because evidence of beijing asserting itself would undermine the independence that many consider makes hong kong special. But the cost of their system will be high and that will have impact on their pockets. Already hong kongs economy was sluggish weighed down by the us china trade war april to june figures show annual growth of just north point 6 percent well down on a year ago and then there is housing prices dropped almost one percent in june with much bigger falls expected. And movable and you can expect from the impact of the political instability so. Many people are going to enter the market in this kind of situation. Property Sales Volumes in july were at their lowest level of the year many Analysts Expect probably prices here to fall 10 percent by the end of the year although those working in property say 24. 00 teams occupy movement was expected to hit prices too but it didnt end up putting up investors from the mainland the impact of these protests could be seen. A small. 2019 protest though have already been the most widespread hong kong has ever seen the city is known for economic stability and success but it success depends on its stability. And finally some indepth environmental reporting because if you want to count the cost then the cost to our planet is arguably the most important one now for decades norway has been smart it saved money from the sale of its oil and gas and in doing so created actually the worlds biggest Sovereign Wealth Fund today worth a trillion dollars but now recognizing the damage done to our climate from the use of hydrocarbons the funder started to sell its holdings in oil and gas and is actually leaving oil with billions of dollars under the ground our environment editor at aljazeera is of course not clark here he is with a multilayered report looking at how Climate Change is shaping the landscape of norways shipping fishing and Oil Industries the far north of norway is spectacular a lot of mountains and fjords and raw beauty its an important fishing area and as you can imagine it brings in the tourist dollars this is actually the highest mountain. Particularly in the folk niland way getting up close to nature is what you do. The problem is the wealth little lies beneath the waters for a long time lets hope niland for being in the crosshairs of the Big Oil Companies because red geologists know that in these coastal waters lies the whole field what an estimated 60000000000. 00 and their bosses or their license to explore in the past this has been supported by the government for many its a big concern i would say are all against oil but im also really afraid of the damages to can happen if there is a big always been so i wouldnt take the risk. But things may be changing recently norways Opposition Labor Party with drew its support for next generation meaning now theres a majority in parliament to keep the islands off limits the young people today and they are more important about the future Climate Change. About. And i think the fish wrists and the Tourism Industry is the future more than oil and gas especially in the. Arctic areas norway is a nation made rich by 4 decades of oil and gas extraction the Sovereign Wealth Fund worth a colossal one trillion dollars so every move away from fossil fuels is significant and the Climate Crisis is also more real its close up in our face we have to do serious stuff the next 10 years. And educated people and already understand that its it when we start to understand that there will be some changes on the silty even maybe a politically the size of the market will change to the amount of consumers will demand. Were happy with that were making progress but for those in the folks in who rely on these waters in fear the potential impact of oil spills still skepticism were never gets the fully. Fully no for Oil Exploration so for me it seems like its only in the in till its yes and when its yes theres no turning back at a time when the world needs to radically cut back on fossil fuel emissions it will become increasingly hard for the nation to justify new extraction contracts especially in these waters. This is what made norway rich long before oil told all scray in then millions filled drawing rocks across the lefe tonight lands winter off the wind fishermen here have cashed in on the annual migration south from the barents sea it is a tradition that goes back thousands of year is called its cold its got it and then its hold out to dry for several months and what you end up with is a dried fish that retains nearly 100 percent of its nutrition apprise delicacy from its emmy to nigeria this is what supplied the vikings on their long voyages to far off lands and still now is a big part of the norwegian economy with millions of dollars the fish comes from the barents sea and its. To spawn. And thats because of the atlantic stream to the left extreme it stops by locals and brings food it brings that higher temperature even though its not warm but its high high enough to spawn and its a very delicate ecosystem in that fragility is spelled out by a remove Scientific Research as a changing climate and warmer Ocean Temperatures upset the balance of the marine ecosystem meaning the scray may be forced out and then its a question of where they go obviously it keeps things keep warming some of those true polar species might. Not have a whole lot of places to go if theyre being out competed by sort of these other species moving north and. Might see some considerable changes there this is a good nielsen cold 13000 kilos of cold its been a pretty good season but hes worried about the future Climate Change could change everything. Suddenly stopped because hed be warmer and going at all around the dollar north so then being the have a big Program Every arab spring comes they called league their return has always been a certainty and in the city not just for the fishermen if the seals see birds and whales that feed on them now this extraordinary feat of nature is under threat the outcome is it depends on the political will to act in a time of global crisis. The club and yachts in the west coast of norway where theres been a long rich history of ship building but this is Something Different to ships the Roald Amundsen the for itself once in a nearing completion and there are steps into the future. State of the arctic but this is ships that will take paying passengers remote parts of the world powered partly by bashing but you know expedition ship together is a complex process as you might imagine involving welders carpenters and plumbers and of course electricians theres more than 750 kilometers of cabling to say nothing of detailed and extensive wiring for powering the ship by self generated electricity the batteries arent in place yet so whats what are we whats going to be put in place and what will we see and distract your kind that can fit 20 and battery cells and it will be about walt for eats cell or each rep here with this rex with we have behind us now we can reduce to 20 percent off the fuel consumption off the ship. The vessels thrust will come from a combination of diesel and Battery Power batteries and cells will be constantly charged by the ships engines as they run. Rights and will be kept in on the Roald Amundsen as she attempts the Northwest Passage later this year really important because we have got him going to 2 remote areas on the ball areas and to be able to do you know feet footprints but could give you is only the green footprints we supply the polar system with the batteries but also when we do the operation in the arctic untidy. Given the shipping industry is responsible for a significant proportion of the Global Climate problem james cannot come soon enough ultimately the dream is of a ship with no need of a final hybrid. Reducing consumption is one thing but even more interesting i think is the work that is now going into fully electric. Shipping weve seen some initiatives on that as well in norway and thats an area where. The Norwegian Shipping industry might get an advantage as an early adopter. Electric faeries can already be seen in some of the worlds ports while on shore power and others enables vessels to be plugged in so engines can be switched off while docked. And hurtigruten and now planning to convert several ships like the nord cap here drawn on a combination of fuel including bio gas made from organic waste like timber and that fish with the day when the mega ships of the world are powered by Renewable Energy well that is still in the distant future. And that is our show for this week but wed love to hear from you you can tweet or message me directly on that come on do you use the hash tag. When you do or drop us an email counting the cost to down to 0 dot net is the address and you can visit us online as well aljazeera dot com slash c. T. C. That will take you straight to our page with individual reports links and entire episodes for you to catch up on but that is it for this edition of counting the cost im Kemal Santa Maria from the whole team thanks for joining us the news on aljazeera is next. Carcinogen. This is an opportunity to i mean look very different way where there. Is a we dont leave. Around the world and to use a word to manipulate and influence a. Troll is to take you to algorithms that have been developed and designed to push content that says click me every click we make is value in software one and in the 3rd of a 5 part series added reuse in mexico examining how propaganda shaped. All through the algorithm on a jersey of. Speculation is growing in the u. K. About the snap election possibly before breaks a Prime MinisterBoris Johnson is about to address the nation. Im dealing with all of this is al jazeera live from go also coming up the Prime Minister of the bahamas says hurrican durian has caused unprecedented devastation in the island nation. The u. N. Says its time for accountability is more than 100 are feared dead in a savvy led air strike on a yemeni prison. A boat trip turned into a tragedy dozens of feared dead in a far off the coast of california. A warm welcome to the program well speculation is firmly growing in the u. K. About a snap election possibly before breaks it these are live pictures from done street the famous black door there Prime MinisterBoris Johnson is expected to speak shortly you can see the lectern out front after holding an emergency Cabinet Meeting thats ahead of an expected showdown on choose day thats tomorrow in parliament when m. P. s return from their Summer Holidays well lawrence lee reports now from london. Lots of last minute preparations wargaming really going on between both sides now in this fight or whether the u. K. Will leave the European Union under the terms of brics its on one side bar is johnsons governments quite insistence that brets it has to happen by the end of october to the extent that he was prepared to suspend parliament from next week to stop m. P. s from blocking what could be a no deal exit from the European Union on the other side although his opposition parties and a cabal of conservative m. P. s from Boris Johnsons own team saying that no deal is completely unacceptable parliament has voted it down on several occasions and in a motion that would go to the house and choose to say they would try to vote to stop brix it happening on october 31st insists that Boris Johnson gets a delay from the European Union until some other deal yet to be sorted out could be realised what happens if phone choose stay the government loses the votes it looks almost inevitable now that Boris Johnson will call for a snap election if he wants to do that he has to get 2 thirds of m. B. A. s to support him in the question then arises whether those opposition parties are content to have a general election and if they want to have it doesnt happen before or after october 31st one argument is that Boris Johnson could say fine have it before to the 31st have it before we want to leave the European Union on the grounds that he thinks he could actually win that election because the opposition parties which want to either stay in the European Union or have a 2nd referendum or Something Else are still pretty divided but choose day and wednesday looks to be absolutely critical days now in what in all this time they are actually going to come to some determination as to whether the u. K. Leaves will be a general election that will determine that will that ref that election itself become a de facto 2nd referendum almost certainly yes saw after all this time it looks finally. As if things are going to come to it lawrence lee reporting there where you can see the famous black to over the number 10 bang in the middle there about standing straight of course the lectern is outfront at these live pictures we are expecting to see behind that lectern Prime MinisterBoris Johnson is expected to speak shortly and on shadow Cabinet Meeting followed by some sort of tea party is happening today and he has told the country that hes going to make some sort of a statement as you might have heard from lawrence the there thats ahead of a parliamentary shoulder which is expected on tuesday tuesday and stable very much the lynch pin days now of course following their summer break m. P. s will reconvene but they dont have very long then johnson of course decided to suspend Parliament Just before that breaks that deadline next month and people in the u. K. Many of them calling it a coup well lets bring in john johnson hes the politics reporter for online news source Politics Home which specializes in covering the United Kingdom and its government he joins us from london john johnson a very warm welcome to the program the 1000000. 00 question as we look at that empty lectern as we have so many times over this past 24 months what could Boris Johnson britains Prime Minister be about to tell the nation. Well theres been a lot of speculation that Boris Johnson could use this statement to call a general election but we know dont believe that that will be the case more likely hes going to use this statement as a message to tory rebels and his own party essentially saying to them if you vote for another extension to the brics a process you will tie my hands i will be forced to call a general election and then you will get back to the country to decide who they want to deal with the wreckage ahead of their total 31st deadline so this is really a direct. Is calling the bluff of tory rebels in his own party over whether theyre going to back him or back this opposition motion john it seems to me that so often over these past couple of years as you mentioned that Boris Johnson may come out to deliver a message to his own party and thats part of the problem in the u. K. Isnt is that these parties are navel gazing on the inside of whats happening in their own parties whilst a huge number of people in the country feel politically home less they feel directionless in their science and to build frankly embarrassed with the less of the International Community looking on. But weve certainly seen under tourism as well that lots of these big downing street speeches which were traditionally used to make major announcements have been used as a very public way of sending a message to your own m. P. s and again thats what we are ultimately expecting Boris Johnson to say hes called the bluff of tory rebels who were are a large number of them expected to back this opposition plan over the next couple of days to extend the article 50 process essentially delaying the u. K. s exit from the e. U. Now the plan is just been published the m. P. s plan to bring this week and liberal stance in front of the light saying lets listen in. This government was not going to hang around and that we would not wait until breakfast day of taber the 31st to deliver on the priorities of the british people and so im proud to say that on wednesday chancellor sajid javid is going to set out the most ambitious spending round for more than a decade but i said i want you to make your streets safe and that is why we are recruiting another 20000. 00 Police Officers i said i wanted to improve your hospital and reduce waiting time at your g. P. And so we are doing 20 new hospital upgrades in addition to the 34000000000 more going into the n. H. S. And i said i would need every child in this country to have a super big case and thats why i dont last week that we are leveling out funding across the country and spending much more next year in both primary and secondary schools and its to push forward this agenda own b. S. And the many other fronts that we need a queens speech in october while leaving due time to debate breaks it and other matters and as we come to that breaks it deadline im encouraged by the progress we are making in the last few weeks the chances of a deal to be rising i believe for 3 reasons. They can see that we want a deal they can see that we have a clear vision for our future relationship with the e. U. Something that has not always x. Been the case and they can see that we are up to lead to time him to strengthen our position by getting ready to come out regardless come what may. But if theres one thing that can hold us back in these talks is the sense in brussels that m. P. s may find some way to cancel the referendum or that tomorrow m. P. s who vote with jeremy cool be in for yet another pointless delay i dont think they will i hope that they wont. But if they do they will plainly chop the legs out from under the u. K. Position and make any further negotiation absolutely impossible and so i say to show our friends in brussels that we are united in our purpose m. P. s should vote with the government against cool beans pointless delay i wouldnt everybody tonight there are no circumstances in which i would ask brussels today where leaving on the 31st of october no gifts or bots we will no accept any attempt to go back on our promises or scrub that referendum and oem and food fight with that conviction i believe we will get a deal at that crucial summit in october a deal that parliament will certainly be able to scrutinise. And in the meantime lets get on the geishas get on with their work without that sort of damocles over the next and without an election. Without an election i dont want an election you dont want an election lets get on with the peoples agenda fighting crime improving the n. H. S. Boosting schools cutting the cost of living and looking talent but opportunity across the entire you know what you can do with infrastructure education and technology it is a massive agenda lets come together and get it done and lets get it done by. The 31st thank you very much. Youre watching out 0 here the u. K. Prime minister Boris Johnson heading back inside the black to war of the downing street it had been expected that perhaps force johnson would announce that he was going to call a snap election but that is not what we heard in fact it was a message to tory rebels in his own party to stick with him in fact it sounded quite a little bit like electioneering he suggested to chance in the background i couldnt quite hear what they were saying but you can see those live pictures there of people protesting the european flag there suggesting that theyre probably pro european and anti bricks and so what he started to say Boris Johnson was that hes going to do all this great stuff the most ambitious spending plan spending on the n. H. S. And peace officers i said every child would have a fantastic kids education and i want to push forward on many of these front and he said as we move towards the deadline im encouraged by the progress that were making he said that he thinks that the e. U. Can finally see that britain has a clear vision of its future relationship with the and then he came to i think what the crux of his message was he says that m. P. s might be tempted to hold us back he said to take the legs out from under the negotiating position of the u. K. He said i dont think they will of course parliament will sit again from to morrow and it is going to be one 0 my. Slugfest in there he said i dont want you to vote i want you to vote against corbins what he called pointless delay and he reiterated the point that he has always made which is that he wants britain to leave as per the result of the referendum on the 31st of october and he clarified that he thinks that at the summer with the summit with the e. U. In october which parliament of course will be able to scrutinise he is absolutely convinced that they will get some sort of a deal worth talking about well outsprint lets bring in johns aunts and now whos joining us from politics hall john you are absolutely on the money there John Johnson John joining us it was very much a message to the rebels in his own party wasnt it to toll the party line but he also had a little bit of it sounded like electioneering at the beginning didnt he was almost having an out of body experience as he started going on about the n. H. S. And Police Officers and and all the rest of it what what did you make of it yeah i mean felt very much like he was reading the same script from his 1st speech he gave when he became Prime Minister all of these ambitious plans that he has for the country and essentially blaming the tory m. P. s in his own party saying that if they vote for this plan to delay breaks it further theyre putting all