Transcripts For ALJAZ Counting The Cost 20240712

Dont know over the next period of a few days i guess thats the real test so well be seeing what happens over the next couple of days some of trumps highest profile Staff Members will be campaigning on his behalf while hes receiving medical treatment the president s team has launched operation might go where the Vice President and trump family members will appear in key states. Meanwhile Senate Majority leader Mitch Mcconnell says all legislative activity will be rescheduled later in the month but Committee Work like the confirmation hearing for Supreme Court nominee Amy Kone Barrett will continue. Says his forces are facing a decisive moment and will use all necessary means to protect Ethnic Armenians from. This as fighting intensifies in the disputed were going to cut about reason. Millions of voters are costing their ballots in kyrgyzstan palm entry election the countries often described as being the most democratic of all of the former soviet states in central asia a widespread allegations of election rigging already throwing doubt of the legitimacy of the vote. India surging outbreak has killed more than 100000 people thats nearly 10 percent of all coated 19 related deaths in the world its the 3rd country to recall that number the United States and brazil Prime Minister Narendra Modis government has been criticized for its handling of the virus and the effect on the economy frances covered 19 outbreak has once again hit record levels with and with almost 17000 new cases confirmed in the past 24 hours the governments expected to announce new measures to curb the outbreak those are the headlines the news continues here on aljazeera after counting the cost. The last chance. After years behind bars he has to be strict to stay out of prison with his friend and chess master hes planning his next move to give back to society and share the game that saved his life discovering new filmmaking talent from around the globe you find latin american jazz lessons on the houses in. Hello im sam is a than this is counting the cost of aljazeera your weekly look at the world of business and economics this week tensions in the South China Sea over shrinking fish dogs as beijing sends out a naval armada to stake its claim the United States steps up plans to build in the ploy warships to the region also this week responsible capitalism the investors who got the chief executive of industry in mind the fired after blowing up aboriginal sides. Plus the 1st motor show during the pandemic we talked to the man behind volvos electric brand and ask what damage the pandemic has done to the Auto Industry. Competition for dwindling fish stock in the disputed South China Sea is increasing tensions china has sent out an armada of naval vessels to defend its claim to about 80 percent of the sea fisherman from surrounding nations say theyve been harassed by chinese vessels what countries are unable to stand up to beijing are turning to the us for support. Which is deploying more warships to the region to counter the worlds biggest naval force but were going to focus now on overfishing and the damage that is doing to the delicate ecosystem fish stocks are estimated to have fallen by as much as 95 percent since the 1950 s. According to the center for strategic and International Studies it also estimates catches a falling by as much as 75 percent in the last 2 decades one of the biggest reasons for the depletion of stocks is government subsidies which allow Fishing Vessels to stay out longer and travel further than necessary china handed out 7200000000. 00 in 2018 globally government subsidies to the fishing Industry Standard about 35000000000. 00 americas top diplomat mike pompei a recently denounced chinas territorial claim to waters fish by filipinos as completely arm law for the support from the us has been cautiously welcomed by fishermen in the philippines who say theyre being pushed out by the chinese navy general allen dogon reports from the northern philippines. So near oil i remember is a time when the sketch was far more abundant there was many years ago when he says he was still free to fish inside the lagoon of scarborough soul just a little over 120 nautical miles from his hometown of massey look in some ballast province that it was until Chinese Navy Warships seized control in 2012. Percent of the celeb of the no who can disappoint the bigger chain dispersals we know they are no much against them to stay far from them. Government leaders in beijing claim the South China Sea as theirs saying its been part of chinese sterrett chief for thousands of years and chinas military continues to build installations such as on the Spratly Group of islands the ministration u. S. Secretary of state michael b. Is says the chinese claims to the South China Sea are completely unlawful and washington supports a 5 Asian Countries indonesia malaysia the philippines and vietnam to whats been described as their inherent right to exclusive Economic Zones theyre. Developing secretary of defense the finlands on the supports pompey is message to china and there in santa says china should abide by the 2016 ruling when the Philippine Government one its case against china at the International Tribunal in the hague but philippines president really good to tear to has repeatedly said the china is a far more powerful country and doesnt want to risk going to war the u. S. China this is seen by many countries as a conflict between 2 competing superpowers but geopolitics isnt the issue here in the philippines for millions of filipinos living in coastal communities like this one Food Security is at the heart of the South China Sea this. Many of the fishermen who sail to Scarborough Shoal sell their catch in local markets like this one in a box box in the united fish used to be the liver to us in crates now fisherman just come and bring supplies in bales it takes about 5 fisherman for us to have this much to sell and the price of fish has tripled. Filipinos here tell us they find it ironic that they live in a country rich in Maritime Resources and yet the majority of them cant to regularly afford even just a kilo of fish they welcome the us. But they know that help should come from their own government 1st so what does overfishing and chinas claims to the South China Sea mean for future catches and tension in the region well to answer this im joined by top of a great smattering of the chief executive of the China Ocean Institute good to have you with us so is china 1st of all soley responsible for overfishing in the seas no a lot of chinas neighbors have big Fishing Industries and japan was the 1st country to have a Large Industrial fleet and the 1st Bilateral Agreements in the 1950 s. In east asia were to prevent japanese from fishing in chinese waters so now you see the opposite you see chinese fishing in japans waters or koreas waters and then in the South China Sea the naam is a huge fishing nation if youve ever driven along the the enemys coastline at night its like looking out on a starry sky its look at on the ocean and see all the lights from the Fishing Vessels. On the philippines indonesia theyre all big fishing nations and essentially whats happened is the South China Sea was traditionally for centuries available for everybody to use and weve overlaid this new system of sovereignty through the Un Convention on the sea and that has led to people fighting over what belongs to whom and then if you add to the increased populations in the region and new Fishing Technology you get overfishing so china definitely catches the most fish but theyre not the only ones responsible for what damage is being done to global fish stocks then especially with practices like trolling. Yes so probably the most damaging event is the development of the huge industrial fleet so that started in the mid 20th century and it was you know the start of the modernization era and people approached fishing the way they approach factory work so the thinking was that if you added better inputs like bigger Fishing Vessels and Better Technology you would get more fishes outputs but Natural Systems dont work that way and theres so much we dont know about the oceans and theres lots of potential for discoveries like new antibiotics and antivirals for marine organisms but things like trawling you know sweep up everything thats on the ocean floor and destroying marine habitats and destroying marine organisms without a sea than necessarily knowing that theyre there and even non fishing practices like sea bed mining can can do that too so its important to have a precautionary principle in our approach so for example in the arctic countries have agreed to a temporary moratorium on commercial fishing in order to better understand the ecosystem there before we just go in and catch everything but there are other parts of the high seas which belong to no country that need Management Systems and another important aspect is the subsidies we provide to the fishing the Large Industrial fleets those need to be limited while will come to subsidies in the moment but listening to what youre saying it sounds like its a very complex situation and youve got to wonder whether you know when you listen to the u. S. Secretary of defense talking about how the u. S. Must build more naval ships to count to china is that the best way to deal with the issue does that solve all of the problems youve been mentioning. No i mean the u. S. Navy is not going to be leaving the South China Sea anytime soon but the rapid increase in u. S. Presence there is just going to escalate things with china and thats not what we want either so i think we need to think outside the box in terms of managing our Natural Resources there you know its there always be hard Security Issues but the environmental Security Issues are also really important for regional Food Security and theres a lot more potential for cooperation in this area as well but what do you make of the arguing that perhaps the chinese approach is different how much of an issue is the use of that diplomacy as its called to get access to seas and oceans. Yes so that is a problem in places like africa in countries some of the countries in the you know the Pacific Island nations and so this is chinas distant Water Fishing fleet which operates on the high seas and also in the coastal waters are the exclusive Economic Zone countries on the basis of bilateral fisheries access agreements and so one of the things that china does is it avoids some of the limitations that host countries have on foreign pushing fishing fleets by refining their vessels and there was a recent report that estimated d as many as a 1000 Fishing Vessels are operating this way that are actually owned by the chinese and so for comparison sake the regular chinese distant Water Fishing industry is about 3000. 00 vessels maybe a little bit less that are of around that and so earlier this year china revised its distant Water Fishing regulations and require certification now both from china and the host country if theres the establishment of a wholly owned or joint venture with the host country or you know any reflag ing but you know this is this is a great step and it you know it shows that china recognizes that theres a problem however we have to see how well this is going to be enforced thats a really important issue and then in addition to the Fishing Vessels theres also an issue with the fish carriers being replied to other countries and those are increasingly shipping fish back to china briefly how much of a problem the subsidies so subsidies are really important issue because they distort the bottom line for Fishing Companies making fishing profitable when it wouldnt be otherwise and chinas not the only one but it is the Worlds Largest fisheries subsidize or it provided an estimated 21 percent of the global total fishery subsidies in 2018 and 27 percent of the worlds harmful subsidies so those are subsidies like fuel subsidies that increase fishing capacity. And you know it really shows everyone was paying attention to the fishing fleet around the chinese fishing fleet around the Galapagos Islands and 2 thirds of that fleet came from judge john province and its no surprise that judge john is the province that receives the most subsidies from the Chinese Government so the right now is working out an agreement to discipline fisheries subsidies but china wants to be given special and differentiated treatment as a developing country and so thats pretty controversial its complicated though because other industrial fishing countries have also large fleets and theyve just done all their fishing mostly in the past but its you know its important that we work out this issue and limit subsidies because its crucial for our long Term Economic and Environmental Security that we get a deal on that issue its wonderful getting your perspective thanks so much top of thank you for having me. And so often said management runs businesses to maximize returns for shareholders right now it appears investors are looking for something more than just profits returning to e. A. s g. s or environmental social and governance metrics well the biggest scalp to fall for breaching those standards is being the chief executive of astronomy and mining giant rio tinto initially the miner fined 3 executives 5000000. 00 for their part in the destruction of 46000 year old aboriginal sites in Western Australia rio tinto had received legal permission to demolish the caves back in 2013 but when the archaeological importance of the rock shelters became clear the company failed to change course. As the pandemic wipes out decades of Economic Growth and Poverty Reduction long festering inequalities being exposed movements like black lives matter have taken to the streets to egg reeve in season seek justice institutions from wall street banks to Media Companies acknowledge their shortcomings and the pledging to do more to diversify workforces even all giants like b. P. And shell of decided to accelerate the move to Green Technology they plan to invest in Renewable Energy and norways trillion dollar wealth fund is selling its coal assets back in australia aboriginal Campaign Groups have stepped up campaigns to protect other significant historical sites joining me now from cut off in Western Australia is Peter Jeffries peter is the chief executive officer of the Western Australia based Aboriginal Corporation good to have you with us if we could start off by talking about your concern why are you concerned about what proposed developments might mean for australias 1st underwater heritage fines. The significance of the recent. For our traditional honestly in richer and more broadly across australia this is significant in that its. A lot of trial and you know strain and there were 2 tribes located just off the coast here at meridian. And the the historic treasures date back between 7 and 8000 years ago but more importantly it control our belief and our history to our political absolute in areas that are now you know under water today the sea level rise. Rio tinto sea as im sure you know was recently fired because of destruction of the duke and gold were you surprised by this move no i think we werent surprised you know you know you know with regards to the marriage you know i think you know it it just now puts a little bit of more of an international and a national a. You know spotlight on top of activities that are done. By Mining Companies across australia and i think more importantly around the world as well and you know if you just say you know you know us here in australia that that dish you know unfortunate occurrence you know incident shouldnt have occurred and it just means that you know we have to be diligent now in ensuring or avoiding you know these type of incidents in the future so i think you are pleased then if not surprised what sort of message do you think that should send to other companies. I simply want what the message now sends to other companies now he said he said the world is listening its watching and its an advantage and its looking at what you are doing in indigenous countries right across the world my own and its and its also i think given you know organizations you know a little bit of a kick in the backside too narrow actually sit down and come and you know conduct meaningful engagement you know then at that it encourages you know valuable partnerships and opportunities. More importantly i think more important but also. You know potential mutual beneficial. Coexistence between traditional owners and industry. On country and you know on as a country as well does it also have some other good news in this about shareholders in the sense that its theyre becoming more socially and environmentally aware now and responsible yes all right i think i am i mean i mean you know you know sharing knowledge for us is pain you know you are critical in. Paying able to you know you know share information to. Provide that better understanding. Culture and what what what role Industry Needs to play with with regards to that meaningful engagement that i just talked about. Also but it also. Clearly says to you know you know the wider. Group that i secluded stop of you know. Bad behavior is not acceptable anymore alright thanks so much been great talking she thanks for your perspective on that thank you now china is holding the largest trade event since the pandemic began the beijing. Opened its doors in the hope of reversing the Auto Industrys multibillion dollar losses katrina you as been to see whats new to drive. New foreign luxury models are among the almost 800. 00 cars on display at the beijing auto show the 1st Major International trade fair during the current virus pandemic. This year there are fewer exhibitors but crowds still gathered for the unveiling of new models including b. M. W. s latest offering the german cars make a is one of many expanding operations in china. Automotive event here in china as if all of a sudden become a very special meaning. In 20 beijing which is a similar. Week cost sales in the u. S. And across europe have forced several International Manufacturers to close factories and sack stuff many are relying on chinese consumers to improve their bottom line but even by bargain that. They realize china is still a goldmine luxury cars and ultra luxury cars have a huge market in china and this is also their only International Arena to show off their vehicles other auto shows geneva detroit and tokyo have all been called off analysts say the 10 day event points to the Chinese Governments confidence in having contained the carbon 1000 outbreak it also hopes will help to spur the sluggish economy chinas Auto Industry is worth 1. 3 trillion dollars and employs more than 33000000. 00 people nationwide cost sales plunged by almost 80 percent at the height of the epidemic in china in february but sales have recently returned to preplan demick levels electric vehicles and cars using ai and Internet Technology are in the spotlight this year by the a 2025 chinas government wants 25 percent of all cost althea to be electric so chinese and International Brands are racing to play. Hybrid and electric models in order to meet government closely followed suit for the Chinese Government is in krishna determined to invest in electric Vehicle Infrastructure this is attracting more events meant creating a better market and a more incentives for people to choose electric debated auto show is being held against the backdrop of the trade will the United States also make its tesla ford at volvo among Companies Suing the Trump Administration this week proposing one based on whole full 25 percent tariffs on imported chinese parts. Joining us from beijing via skype now is thomas in the last hes the chief executive of pollstar volvos electric sports Cars Division welcome to the show they say electric cars are the future so maybe we should start by asking you what is pollstar been developing and what does it plan to put into production so well post a has developed over the last 2 years electric cars we are out with our electric pasta to. Midsize premium sedan which we presented and are now bringing to market but of course we have a lineup coming not include the really nice aerodynamic. S. U. V. Addressing the electric age in the s. U. V. Sector and we presented here in beijing a car that was a shocker became a production car and we were really happy that this very very sporty sleek big saloon will hit the road sometime and now youre not saying 3 or 4 years or i think citing times ahead but when it comes to range is hydrogen a better solution to Climate Change what are your thoughts on that. Well at the end of the day its about their electric drive train their electric motor and able to see you too free mobility if you sources this but the battery or i didnt power it doesnt matter at the end of the day. I think the best technology has to be in place and at the moment feeding it respect to reese is the most appropriate way for the private sector and i think the customers the consumers need that confirmation and us as copper to use that should give that confidence that this is the technology for the next to kate im talking about confidence these havent been the best of days for the Auto Industry thanks to the pandemic all sales now coming back well you see for the electric brands this does not matter as much as generally the trend of customers that lot eyestrain cost before going to riding electrum ability and really shifting to whats electrum ability now this a big gain for the electric kind of street and the general up and down of the economy and the kind of story has less income and song that then the willingness and how much politicians prepare for people to move people being really dedicated to you know making making that the shift really happening which everybody is talking about but now its time for action so it sounds like you could be saying electric cars could also be a way out of the crisis i definitely think that generally moving to Green Technology embracing that in the basin that is helping us all to stop Climate Change is definitely the way forward you see that a lot of governments have similar thoughts and put. Support for the industry accepted into that sector not going what we called back to normal we dont want to go back to normal we want to go back to the future and that its about innovation in order to come to a sustainable life and industry and a final thought how damaging has the trade dispute between the u. S. And china been for the Auto Industry well definitely believe that generally the uncertainty. That not knowing what is happening tomorrow the terrorists definitely have a Bad Influence on the atmosphere on. The industry and consumers where the setting tomorrow Investor Sentiment as well know about. An industry which is so dependent on trade and the free flow of goods and. Cultures living and working together its absolutely contra productive or its been great getting your thoughts thanks so much for your time thomas and good laugh thanks a lot. And thats our show for this way theres more for you online around 0 dot com slash c. D. C. Thatll take you straight to our page which has the entire episode few to catch up on. All that said for this edition of counting the cost im sammys a than from the whole team here thanks for joining us the news on aljazeera is next. 2 planes came from soon i 15 man checked now hotel mr your mom. I think it is possible to fully clean the premises all forensic evidence but what you then leave is evidence that you have 40 cleaned the mystery wanted to give except i wouldnt stop to speak about the role in the books before even the saudi government would just Jamal Khashoggi murder in a saudi consulate on aljazeera. Afghanistan is on the cusp of a new chapter in its history. After the us on the telephone signed an agreement to pave the way for the withdrawal of the national troops. The high cost was paid to get to this point though. Over the past few years the u. S. Has increasingly conducted its part of the war from the sky with more bombs dropped last year than any other year in the past decade. But with that came a rise in civilian casualties. This is war i couldnt do happen at mistakes do happen and that this is about owning all mistakes this is about things are in this about accountability in the in the last the unaccountable war for families we interviewed not receiving adult humans from the u. S. Left without closure. They told us that they so look what happened to their loved ones was a crime. And they want justice and answers something war too often do not. Be back i think ill be back soon. In a video message from the hospital President Donald Trump says feeling much better but the next few days will be the real test as he continues to receive treatment for clothes at night. This is about 0 life and also coming up. I mean he is Prime Minister says his country faces a decisive