Appeal of soccer because i would be very happy if my being a female referee helps women play an active role in sports. And especially in soccer, in japan, there is still a long way to go for women in the world of soccer. So it would be great if this event could help promote female participation in all sorts of different ways. Not only sports, ah, this is edge 0. Lets get around now the top stories, georgia, maloney has been sworn in as it least new Prime Minister, the 1st woman to hold. The post milan is also leading italys 1st fall, right. Government says the 2nd world war, brothers of italy, party has fascist roots from a u. K. Prime minister Barak Johnson is expected to join the race to get back his old job from a chancellor richie sooner also expected to be a contender. Cabinet minister, penny moved and declared her candidacy on friday. Stephanie deck as more from westminster. Lets take a look at some of the headlines for breakdown. The sort of the feeling across the spectrum. Because this is a country that is very divided about how to move forward. This is a party that is very divided about how to move forward. The Guardian Newspaper is saying, tory tribes go to war. Of course, this is a part that slowly been disintegrating over the last few years. The small print bar is johnson flies home for leadership bid. Despite warnings, it will plunge the party into chaos and then saying, richie soon act remains the current favorite to win. As patty more than throws her hat into the ring, a Chinese Communist party has approved an amendment of its charter that could give more power to president. She jin, paying. The announcement came at the closing session of a Week Long Party congress on sunday. The governing party is expected to confirm she as a party chief for an unprecedented term Ukrainian Forces say russia could be preparing to abandon her son. As kias counter offensive intensifies plain says its re taken atm towns and villages in the region. A subpoena has been issued to demand a former us president. Donald trump testifies in congress about the capital attack. January 6th Congressional Committee says, trump personally orchestrated the f. O would overturn the 2020 election. The jewel for the next major fee for tournament the womens world cup has taken place in new zealand reading champions, the usa in the same group as the netherlands. 32 teams competing for a worldwide audience. So more than 1000000000 forecasts. Those are the headlines counting, the cost is next. Oh, the dumpling in bond with is an important part of indian culture. Its no surprise and many people want to book it one daughter and one previously tried to both family expectations and cultural tradition. I guess the way now with, with the reality of working in the giving industry, hollywood, i, i hello, im has, im seeking, this is counting the cost on al jazeera, your weekly look at the world of business and economics this week. Mistrust is gone, leaving the u. K, in political and economic turmoil can a new Prime Minister study the ship also this week, turning the taps back on Russia Office to supply gas to europe. Again. European leaders on fighting and a historic gas deal between lebanon and israel could supplies in the Eastern Mediterranean ease. Europes energy crunch. Ah, well, his trust his term was maud by economic policies, the royal Financial Markets and spark rebellion in her own party. The Prime Minister is now out after her finance minister scraps. Pretty much all of her free market agenda. But trust his departure has plunged the u. K. Into yet another period of Economic Uncertainty and muddy but his people are asking whether her replacement, the 3rd this year will be able to tame soaring inflation and kick start economic growth. We delivered on energy bills along cutting national insurance. And we set out a vision for a low tax, high grace economy that would take advantage of the freedoms of breakfast. I recognize that given the situation, i cannot deliver the mandate on which i was elected by the conservative party. I have therefore spoken to his majesty the king to notify him the i am resigning as leader of the conservative party. The pound rose against the dollar and government borrowing cost dipped after the Prime Minister announced her resignation. Trust is low tax and low regulation policies sent investors fleeing and pushed the pound to an all time low against the greenback. At one point, a trust had tried to save her position by admitting her plan was a mistake and a pointing jeremy hunt as a new finance mister hunt has reversed almost all of her tax cut and Spending Plans in an effort to restore the governments credibility. Among the measures, jeremy hunt announced scaling back the governments costly state intervention, the camp Energy Prices, which will now and next april reduction of the basic income tax rate would also be shelved off the plans. The scrap, the 45 percent rate of tax, the top owners were previously dropped. A planned increase in corporate taxes will now go ahead. After the government initially said it will cancel the rise. And hunter says he was open to imposing a windfall profits. Tax on energy produces a measure the government had previously rejected. Or joining us now from london is greg when a chief economist at the global council, thanks so much for being with us. So how is all of this political turmoil right now affecting the markets in the economy . Well, we can see some 30 visible signs of affecting the markets darling has been under pressure for some time, several weeks, and in the Financial Market concerts following after you get government has gone up, its gone up quite significantly. And how, how profound is the economic damage caused by mrs. Trust, his original tax plans, and then the decision to reverse all of that . Well, hes certainly damaged the credit. Busy the o u t. Governments Financial Markets in difficult circumstances, always want to know that government a credible hisco strategy and have not been absent for some time. And the u. K. And the priority right, be established credibility, but Financial Markets by making sure that this strategy is clear and that you can find by sensible sets of the skill at rooms. That doesnt happen then of course, it is damaging. The higher Interest Rates that the government is having to pay, you know, on its borrowing thats be reflected the cost of borrowing for high school and farms and mortgages. Mortgage rates are going up not will impact on the cost of living. Busy for many high souls and businesses will also come under pressure at the rely on credit and credit becoming more expensive. But the, the back tracking on the original task comp plans does seem to have steady the ship for now, doesnt it . And do you see the potential for this conservative government to eventually fix the economy . But tracking steady to ship to quite significant extent, theres still a positive job that needs to be done, which is the chancellor nightstep i spending funds for the next year and possibly farther ahead the light to be changed. Economic circumstances and also the fiscal rules. Explain how the government will meet at those fiscal rules so which, which, which august tartly done. Its not, its not completed yet. I think whether its best government or, or renew got or the next you know, labor got an election that does, but i think one thing that will happen is the political discussion around fiscal policy will change. And as a result, took this whole episode and the days of just ignoring the trade off the road is required. Disco policy, i think has gone. Does that mean that the numbers and future i just one other thing i would emphasize, i think if it was trust is one thing, it grew back on the agenda and i think that will probably be around the focus or policy discussions or something to come from income tax to energy bills as well as budget cuts. How is all of this going to affect the british people . Are we looking at another era of austerity here . Its definitely already impacting on Household Budgets just a couple of days ago. We have the latest inflation that goes places creeping about 10 percent and that Price Inflation tripping about 14 percent. So those are the hardest. And of course, you know, the Energy Prices are also rising rapidly. I dont. So borrowing Mortgage Rates going up then. Yes, home sol. Finances are under pressure on that. On the economy. Are we going to fees and other each of a study . I think much. I dont think we can see that just yet. I think the key thing for you can government know after this for episodes is to keep in mind that whether your government or low tax governments numbers have to add up. So you can just borrow indefinitely. Large one is unique, a credible strategy, the present to Financial Markets. If youre not sort of at the bottom, the scene in Financial Markets, borrowing spiking as it has done. So can the government fill the fiscal hall and eventually deal with this tax with this deficit . Yes, it turn and its already made some programs find rebecca saying most of the tax changes that were originally amones. I start which on monday at class right now that will take us suddenly to filling the gap is august. Something more that needs to be done . Spending will come under pressure and actually, i think what Financial Markets want to see is that the gap is not just billed at no Financial Year in the next, but unto the sense that actually is a coherent fiscal policy in place and years as well. And doesnt necessarily mean that its the though it means that you need to at match your youre, youre spending ambitions to your tax at policy. That was the mistake. One of the many mistakes at made by the trust got great. Oh, and thanks for being with us. And you the europe has been busy lining up, alternative gas supplies, in an effort to reduce its reliance on russian energy. Its cutting demand and preparing for a complete whole to rush and gas. But despite its efforts, things are likely to get worse next year. And russian president Vladimir Putin has offered to resume deliveries through the north stream to pipeline. Germany immediately rejected the offer. Berlin hold to the approval of a north stream to after russias invasion of ukraine. And moscow has stopped gas deliveries to europe through the nor stream one pipeline, citing technical problems. The pipeline have been leaking gas into the baltic sea after explosions ruptured the lines. In september. The europe suspects an act of sabotage, while putin blame the attacks on those who quote, benefit in the west hinting to u. S. Involvement. Washington denies the allegations. The president says it was possible to repair the pipelines if their future use were guaranteed. And he is offering to reroute deliveries. Oh, very good. Cure never more, you know, better than we could move the volume of transit. And last along the nord streams, along the bottom of the baltic sea to the black sea region, make the main route for the supply of our fuels, our natural gas to europe, through turkey, grating in turkey, the largest gas hub for europe. If of course, our partners are interested in this with them since you are joining us from oxford, is mike full with a Senior Research fellow at the Oxford Institute for Energy Studies by so being with us. So whats put in trying to do here whats, whats behind this decision to offer gas supplies against your yeah, well i think its given me on laura. So they offer to may be utilize the remaining stream straight to which is not the damage. Gassert america. They thought a very short notice as not really going to happen because the european no longer trust in russia allowed the street to slow. Obviously, you have to wait till north street one to let their fixed. I think the app is not like the alexi military title guy from said it was 8 years to say they basically fixed it in a relatively short time shell. I mean yes, 6 to 8 months. If you can get the equipment there and that will be done, but shouldnt take that long. But i think the politics are my, my will get in the way we know. Ready, shandey, russia, more russia gas coming to the will to your dangerous, of course, with bullying on your ukraine in prescription ukraine flows. I get, i get as you say, there are clearly trust issues here. Germany has already refused the offer, but it leaves the question of whether europe has enough gas to survive without russia. Supplies. In terms of this coming winter was to, to scale to what is coming with lane is a rapid 40 russian gas, but that spain with european demand falling dramatically because about a weather. But also they destroy the ban falling sharply. And with all the energy coming in because of the pretty supply and china particularly, and that should be able to so storage to very high level. So getting to this winter with a couple of caveats was a mild winter. And secondly, theres no real big search creation. Shively should look like a baggy probably just about get through this winter storage could end up being relatively low levels as we enter the refill period. The problem that is, the lack of russian gas buildings is very difficult to, to, to, to fill story, even if the 560 percent of the passage a next, when they die, shoot you a ship with no russia flows. If you cranes cut off, it was so now no return to to russian gas at all to the north stream pipelines. But can you replace all russian gas supplies not, not in the what you might call the short medium. And the reliance really is waiting to be more supply to come on. Well next year they should be a little bit of fatty strong supply with around just like freeport, the us big down. Yeah. We have the wild or the us channels. It more Testing Center is that she has supply looks ok, and thats a should be modeled to rebound a little bit. But 2425 is not much most likely on. Its not until we get into late before i put the shakes where this next huge wavelength supply is expected to call me book or to install the amount of supply but increased by 44 and 50 percent at that point. And so i am then providing we, weve built, initiate infrastructure, europe, re guest parking lot connections to the us around and, and we know we since say some degree of normality in terms of the sort of re balancing the market issues please 4, maybe 5 years away but puts in, its suggesting turkey as a, as a gas hub. One of the challenges to that and is, is you are ready to buy gas from a project like this is not really a politics whether one is not already going to happen. Is solar talks about gas, they may have to k, either to be traded into your but its still still russia gas. And hes in the bible, russia gas, or more bizarrely, mostly liquid for gas in shipping oil. And even more bizarre, economical idea is not really original. I think its the same, the politics to back up. But alternative, alternative supplies seem to be a lot more costly. At this point, the french president demanding the u. S. And norway sell sell at lower gas prices. What do you make of that . Its just politics. I mean the is all going to legs up with the, the idea of capping the price of ts units message. But the problem is there is no l. The us, for example, sold it lower than the market price, and then somebody else just makes the margin and out of it. It resize the market price. Even the, the nature of the euro market liquid trailing market. Huge about a trade going on between various parties. It just may no, no way not captured different rents will be able to capture the excellent rent. So again, its really a non mike for the moment. Thank you, but stay with us. We will come back to a little bit later in the program. Ok. 11 on an israel have recent historic agreement on a disputed maritime border. The countries are technically at war and have no diplomatic relations, but theyve managed to agree on how to ship a gas fields lying off their coasts. If ratified by both governments, the u. S. Broken chord could lead to both nations ramping up off shore gas production. And to israel exporting supplies to europe. Israel is expected to produce natural gas from the kaddish maritime reservoir. Together with the 10 in field is estimated to hold as much as 3 trillion cubic feet of natural gas, while lebanon, which is in a deep economic crisis, hopes the neighboring con. A field could provide the country a financial lifeline, worth billions of dollars. But the production is likely years away. A significant quantities of natural gas have been discovered in the Eastern Mediterranean. In recent years, the use has the region can help when the block of russian energy, the block signed a trilateral gas agreement with israel and egypt in june. It enables israel to increase the export of its natural gas to egyptian port where it can be liquified, then transported to europe. Several other nations are also looking to boost gas applies to european markets, but greece and turkey are locked in a dispute over sea bed territories believed to contain lucrative gas deposits. And the divided ireland cypress is yet to begin drilling in 3 major gas fields. The internationally recognized Greek Cypriot government and the turkish controlled northern cypress. Cant agree on how to divide the resources. Well back now to mike forward senior such a fellow at the Oxford Institute for Energy Studies. So mike, how significant is this israel lebanon deal for both countries . And how much of a part the europe, gas supply problems play in that. Yeah, and it should be, should be really sort of about the, the maritime borders to where the used to draw a line out into the, into the city of which she has control over the resources either side of it. So now come to some sort of agreement on that effectively what, what sort of belongs to level and what sort of love to israel. I think the details on this, on the qana gas trail, which is not wholly with the levered area, but hes ro, my, well out some sort of the rice, at least the revenues from it sort of sharing basis. And i think its obviously given the security situation liberal around the region by before digital ab. But it possibly means because gastro get developed. I think lebron itself the need some gas, some energy for electricity system also, possibility obviously exporting it. But that, thats where it kind of becomes tricky because there was a few fail which in that region which are being developed or could be developed to either become an jay or possibly less likely pop pipeline gas to europe. Can these, the fields, these fields, filler supply shortage gap in europe and it should be in the short term. I think that the probably on it is what we were discussing earlier. It says, rushing gas, and then it will take quite a while to develop these failed. So youre, youre talking about maybe 3 or 5 years before that was market. Im not sure if it was for market at the moment, israeli sort of selling into egypt, let it be liquified in an export. And dublin state is the cypress failed diety and other fields of the area. Though, if the st. Marys quite prolific. It says its potential, but how you actually evacuate just the market. It looks like it is possibly the preferred option gives you flexibility where the pipeline yasser, your little sort of problem in terms of construction and also brazil problems and how do you deal with the degree turkish issues on cyprus. You mentioned cyprus there. And so if we expand is to talk about the whole Mediterranean Region and the gas applies there is there enough to eventually allow europe to win itself off of russian gas . I think it will help you put possibly comes a little bit to light. I think your can sort of, to some extent we did over rushing gas obliged and bought a lot more and, and g am and with some sort of normalization of the market. So will 5 years out. And, but i guess every little helps in a sense of additional ploy and the fact that is close to your it would probably be helpful. I think there are number of political issues is to sort out given the nature of the disputes politics in the li. So what will it take for, for europe to, to make the full use of Eastern Mediterranean fields . I think in terms of, if he becomes a n j, i mean, you may need to build more fashion facilities to fully sort of develop the reserve could back to be floating to the quicker than trying to build on sure energy facilities. I dont think well see more on children being shipped. There is a potential capacity and need gyptian co existing plants to take some of the ya said that the food development, you may require a flotilla option. It could be relatively quickly, but you need to develop the reserves fails in parallel, or no thats going to happen before you bring flow taylor in. And so its, it does not lead to your it also get elsewhere a lot more flexibility in sort of doing that. But its, its helpful. Its not, not mailed to the solution. All right, good to get your perspective on all this mike forward, thanks very much for being on counting. The cost katara has launched is 1st solar power plant is expected to become the largest in the world, covering the equivalent of 1400. 00 football fields, or some have been jav aid reports. Other wants to expand its Renewable Energy as a step towards that. Its launch, its 1st not scale solar power plant, which is going to be generating 800. 00 megawatts, about 10 percent of peak capacity here. And there. This is one of 3 power plants which are going to be coming up in the next few years. And they administer for energy, says that they are on track to make sure that this country which relies on its exports of hydrocarbons and usage of hydrocarbons goes to words, greener sources. So let us going to actually become more efficient and cheap over time, and maybe the most important for us element is to try and reduce the size of land that you need. You know, a couple of us scarcity of land is a very small country, and you can see this is a joint project as follows, then this is the 1st project. The 2nd project is already under construction. As i mentioned, a time to the 75 up of energy on dusty cities. That would take us to 1600. 00 and then we will see, you know, with time we will increase the 1800000. 00 solar panels installed in this power plant are jointly operated by total and of these japanese swum and a consortium of battery investors are the people behind it say that this is not just a p r exercise, but this keen energy will have a real impact on how people utilize energy . Is the just to didnt washing is because we shifted those strategy. The ambitious. So darlene, geez, is to become a Marquee Energy company, which means, or jazz. And it explicitly electricity from renewables is the 1st, i would say, will skid plant, but that i know shes as built. We have a great ambition to build certified go by 2025. We have already be 16 and up in kits. Its a big one. So its a song contribution to all i would say a road map and on vision in any way voice of her saw solar power plant goes online as well. Grab the Energy Prices and cars are you. Its hard to believe. Perhaps the world needs to move towards will cleaner and sustainable forms of energy. And that is our show for this week. Get in touch with us by tweeting me at hasnt seeka and do use the hash tag a j c t c. When you do or drop an e mail counting the costs that al jazeera dot net is our address. But its more for you online at as you did a dot com slash ctc. That will take you straight to our page, which has individual reports, links, an entire episode for you to catch up on. So that is it for this edition of counting, the cost has them seek it from the whole team here. Thanks for joining us. The news on edge data is next. Ah, indonesia, your investment destination, the worlds 10th largest economy, is busy transforming, ready to beat your business, partner with a robust talent pool, politically and economically stable and strong policies. Being the powerhouse indonesia is confirmed by the g. 20 presidency, bringing opportunities for you invest indonesia. Now the United States border patrol, a Law Enforcement agency with controversial tactics say on faith can they beat him repeatedly . Will pay fin, emboldened by a culture of impunity. They keep doing it, knowing that theyre hurting people, and cutting the fault lines, investigate secretive units, accused of concealing its agents crimes, and like the men in black, they really dont, dont see them. That theyre just there to clean up the mess and to cover impunity at the border on al jazeera, informed opinions. I believe that our media and other by general should have bilateral negotiations. Weve been calling that