Quite like a main stories are following now, aka sounds at former Prime Minister m. Ron khan has vowed to resume his protest march once he is recovered from an assassination attempt. Addressing the media for the 1st time since he was injured on thursday con, accuse Prime Minister chabarise sharif, the interior minister and an intelligence official of orchestrating the attack. Government has denied any involvement atlanta. 3 people made this plan. These 3 people arent part of the 4 people who i named before, who had 1st decided to kill me who i made the tape on. These are 3 more. How did i find out people on the inside told me one day before, was there a bad . They saw the crowds were building up. These crowds werent seen before in pakistan. They made the plan to kill me. Russian president Vladimir Putin says civilians should be taken out of harrison. As your crank continues, its counter offensive cushion made the comments while marking russias day of unity and moscows right square brushes. Defense Ministry Says more than 5000. 00 civilians being evacuated from hassle each day. But ukraine says its a mass, itll put haitian of its people. I thought it has more from keith. There is a great deal of obscuring, of, of what exactly is happening in and around her son. But for some time now, russia has been urging and instructing the civilian population of that key city to fall back across the river in to the area of or of the house on province on the other side of the deeper river from the main city of her san, her son, one of the areas that russia recently annexed and said would be sovereign russian territory from now on. Now, a very me put them hasnt been speaking about it in those terms. Up until now, but on this day has chosen to and twitter has started a mass lay off of its employees on the new owner, ilan mosque. And his Staff Members woke up to find theyd been locked out of their work. Email accounts. Billionaire acquired twitter last week mosque is indicate that he might fire about half of the 7 and a half 1000 at work force counting. The cost is next asking whether Lula Da Silva will succeed in tackling brazils poverty problem. On november, the 8th americans will vote. All the seats in the house of representatives. 35 percent of the senate will be contested. Americans unexpected, displayed on strict ideological lines, with abortion, and the economy named as the key issues. The resultant will define the rest of job bidens presidency and put americas democratic principles to the test. Special coverage of the mid term elections on ill just use hello. Im calling to say this is counting the coast on al jazeera, your weekly look at the world of business economics. This week left us leader looted silva has made a historic come back in brazil to govern latin americas biggest economy. First time pledging to tackle hunger and poverty will have succeed. Also this week spending big to tackle inflation in japan will cuz she does 200000000000. 00 stimulus package, ease, high living costs. All will be forced to move away from the ultra loose Monetary Policy. Plus Lab Grown Diamonds are taking the shine of more expensive mine, jen. We have a look at why the man made jewels are becoming increasingly popular among confuse louise enough lily to silver lead brazil during its economic boom in the 1st decade of the century. He is now back, is its president for a 3rd term often defeating j. U. Bolts narrowed by a narrow margin. But running the country now could prove much harder than the last time he was in charge. Politically, its hugely divided. Its short of cash and Economic Growth has slowed and little has made it clear. His priority is pulling millions of brazilians out of poverty, which hes done successfully before. He Won International fame for building an extensive social Welfare Program during his 20032010 tenure. But it wasnt all rosy. He will also be remembered for his administrations involvement incorruption, which led him to being jailed for 580. 00 days. His convictions were later nulls by brazils top court. When the president selected the new grace in january, he will take control of an economy that faces numerous challenges. Polluted has given only a few details on his economic plans. Hes expected to put the state back of the Center Economic policy making and move away from the pro market model of the both in our administration, the president elect said he would Push Congress to approve a tax reform, which would exempt lo, ernest from paying income tax hes also pledged to abolish a constitutional spending cap to allow the government to spend more on social projects and infrastructure. The president elect has also promised to combine responsible fiscal policy with social responsibility, sustainable development. Hes also pledged to put a halt, illegal deforestation in the amazon. Joining us for a massage job in u a. E is hydro luko, a condo dean of the college, a communications at the university of georgia and a latin american analyst. When he, thanks for joining the program now on the campaign trail lula offered rather broad short strokes of his Economic Vision that was putting the space at the center of the economic development. What do you make of his plans so far . Well, is it interesting . Because mr. Rule of the, the few who are be now going to confront a completely different scenario from the one having his 1st government. In this case, we have Commodity Prices that have come down in the market, which is a stark contrast to the time in which he was pressing the 1st time in which commodity price prices are on the rise. The other thing in the debt, the Brazilian National debt, which is to double in between now and 2 parking in 27. Its a huge problem which will demand measures of cutting public spending and bringing it will take some of the International Debt and agreements that youll have. And also mr. Rule. And i will now confront the boat ridge that is not in his favor. And also i see the governorships and when its policies, which will be in the hands of the position. So its going to be very tricky right or wrong. And it will be a trying to prove himself. And hes a state person capable of managing the challenges in, in front of him. So i think, you know, theres always the risk that when your income paying you tend to offer more than you can deliver. And its all about managing expectations and actually seen iraq in america can go very far, very quickly to mean were elected for one the going to power. Hes promised not to make the same mistake as his predecessor from the Workers Party delma recess, who was accused of economic mismanagement when you do things differently. Do you think . Well, i think we need to also correct the mistakes he made. The 1st time were cases of corruptions, were wrapped around. Remember, the, you know, the 2 biggest scandals in latin america in the hall oclock in american, colorado, the over a Construction Company and, and also all the cases of corruption were around for his time. So i think one of the things that he has to be very careful is the management of public funds and making sure that he appoints the people who are responsible for this bond. Making sure that transparency and accountability prevail because hes not only about correct in the mistakes done by the math, but all or mr. To was not able to make lots of mistake. What about his own mistakes government . So hes being elected on our Great Expectations and, but that also comes with a lot of responsibility. Hes also promised to tackle poverty tackle inequality. I mean, thats his big thing, but can brazil actually afford to all that social spending . And hes promise, well, you know, it all depends how climmer and skillful hes negotiator of the international that are, i think theres more, but its still a very Strong Industrial power in the global south in terms of some of the export. Still very well place. Some of the areas in the economy are relatively relatively good. So i think you have some maneuver, but he doesnt need to appoint the right people. And thats going to be very difficult because he came, you know, very complex arrangement with allies to power. So theres a lot of the confusion of power that makes it great. And the prince who, what they are proud of is dollars there. I think here we are confronting our case in which the challenges might overwhelm him if he doesnt have the right team. And if he doesnt empower this team to actually ask the say, the fact that me in particular area my, my main concern is about Political Capital that can go very quickly. I, if you revise my own kit, twitter a call back in the beginning of all was where most of the policies are saying that the document was going to win for a margin. 1750. 00 and its there. And when i was saying that the margin of victory will be just one percent thats effectively predicted because, you know, theres been so much more complex situation that people, p e, you know, the legacy they left in the book and the government over by the governmental d my was a legacy that included huge cases of corruption. People have not forgotten those things and, and also in all the areas like even important people when we cannot forget that people protested in brazil by the fact they are building huge stadiums. And we get all this money in huge parades and big events around the world. Come when they have a huge need to the company. People have really upset and really ghastly about. You paint a very, very bleak picture for him and the state of brazils economy. What can he do to turn things round . Can he bring brazil back onto the map . Yes, of course. And i think one of the very Interesting Development is the new alliances. And ive been brick stage. I think that, but if you have the very important power house of industry that they can do, i think that even if you need to do the program they can do be done in a very clever way without affecting the point. And with doing it in a way that it can fit into the industry. I think the government will have lots of weight in the areas that are not really dot and, and that of a priority. But there are other like indication hell and october deviation, which he can do a lot. And im sure the instinct that you are there are, but its all depends on the ability to appoint our team that is used. That is, are comfortable that hes transparent and theyre all overall efficient. I, i, i think you have an opportunity to great opportunity or becoming of providing on even upgrade legacy over progressive government that can make important changes. Sounds like he should be hiring you on his team. Really could talk to hider luca conder, dean of the college of communication at the university of georgia. Thank you. Ah, japan has been battling deflation for years and has kept Interest Rates near 0 to encourage businesses to invest small to help stop prices falling. Now this edging globally and Central Banks raising borrowing cost to tame inflation, but japan is maintaining its least Monetary Policy. Instead, the Prime Minister whom you casita has announced a 200000000000. 00 spending plan. It can go, you know, my title grew up. These holistic economic measures ought to overcome soaring prices and to realize economic reform by addressing soaring prices and the economy holistically. I will protect the lives employment and business of this country and push our economy forward for the future. A good annuity, a g d, b, or young . Then rock pass central or c. With these measures, i will push up the g d p by 4. 6 percent by decreasing the electricity price by 20 percent, while keeping the price of oil from increasing. I will make the Consumer Price index it down by 1. 2 percent. Your target or the Prime Minister says the overall size of the stimulus package is expected to amount to more than 490000000000. 00. It includes subsidies for Household Electricity and gas bills and coupons for pregnant women. Some money will be allocated to offering companies more incentives, increase wages, as well as boosting tourism. An export. The government will submit an extra budget to fund the planned parliament next month. It will be mostly financed by issuing government bonds, of whom you can see to unveil the stimulus package just hours after the bank of japan stuck with its policy of rock bottom Interest Rates. Despite the countrys rising inflation rate, which was at 3 percent in september, though much lower than the price rises in the u. S. In europe. The countries currency has hit 32 year lows against the dollar, and the japanese authorities have carried out at least 2 interventions to prop up the yen. Joining us from singapore as month l t leon, so senior japan economist of capital economics, thank you for joining the program. So why does japan have a relatively low inflation rate in comparison to the rest of the world . Theres lots of factors behind it. I mean rachel in japan is not very sensitive blue market conditions. So its still just around 12 percent. The government is also pushing back hard against rising prices with some of the the price on is controlled by government policy decisions, debt prices up at a rising, and also introduce the supply. Sure. Just that help back help. Are they crated be increasing goods, inflation, lots of bumps colonies. Whenever thats pronounced, speak, supply chains operated better. Its a range of factors that are keeping the lower than elsewhere. Ok, relatively to most other countries. Inflation is low, but by japan standards it is high. So why wont the bank of japan raise Interest Rates like every other country around the world is during to keep inflation down. And it would also pop up yet wouldnt it, which is also been in freefall. It will probably pull up the little. Its a, its not the that the, the currency of any major monster economy has all against the bulb this year with some of them for nearly as sharply as, as yet, even with center, brand type rates quite aggressively. And the main reason why the banks is, is not typing policies that is more convinced you find facial rates going to stay. When about, about the one 3rd of the current inflation is driven by Energy Prices and those already coming off the boil. And the other big increasing pressure to be driven by the weekend. So one Central Banks elsewhere stock of hiking and strengths which we expect to happen sometime next year. And again, well probably stop weakening and that up the pressure on the place is going to subside. Right, its the external forces that they think are putting up the prices. So what about the stimulus package . How is the stimulus package going to help reduce inflation . The, the main factor here is that the government has pledged subsidies to, to electricity prices, not, were not just the gas prices alone. Contribution about one percentage point to the 3 percentage on rise in place to buy one 3rd of all patients to buy this. And as it happens to become and well, well introduce a subsidy or on 20 percent from 30 percent, which will fully offset the current increase in prices and will, which will take off. This is one percent increase in price for inflation will be back below 2 percent on our or cost by and maybe the 2nd quarter next year. And that in turn, will also pushed on Inflation Expectations and should help to prevent all, well, should, should, should help prevent a strong rising wages even though what is happening, what will this package stimulate growth at the margin . Yes, i mean be, if households have more money to spend, they might spend, solve it at the probably the savings rate is still quite high by for benefits at the moment. Households not, not sticky in the mood to spend Consumer Confidence is very low. So i wouldnt expect fireworks from it. Japan as a huge public debt. Can they afford this huge funding package . Yes, they can. I mean this is, its a bit of a confidence trick. As long as the bank can, can convince investors that it can defend its tend to your target and keep Interest Rates to 0. Then even very high debt levels are easily affordable. But obviously, if investors to test the commitment and the bank were to let loose of the target, then the that that level could quickly become unsustainable. Now our view is that the bank will be able to defend the targets because of the pressure on, on overseas constraints will start to subside sometime next year. And that in turn means that the, which probably deadlock, if animal the bank of japan has stuck to this policy, if ultra low laid low rates for a very, very long time. Havent really worked for them. I think it has. I mean, when, when the bank started, we had, we saw principal pies as falling, we saw the wasteful negative. Now we recently, we saw the strongest way, 12 and 25 years. Inflation is finally starting to pass the, the 2 Percent Inflation time. If only for, for mostly because of the weekend, obviously high Energy Prices, but clearly things are moving in the right direction. So be the deflation that has played for the last 3 decades is not clearly behind us. What about the depreciated . Yet its not putting political pressure on the government. Yes, i think thats the, the one area that could potentially trigger policy change because obviously we have gone to the current back japan governor wrote us 10 will and next april. And the government has to appoint a successor. At the moment, it looks like the government will appoint someone in the similar mold to govern across to someone whos continued to, to keep Monetary Policy loose. But with the weekend pushing inflation in the public increase the unhappy about that it a, its an outside chance that the government will nominate someone who ends this whole policy experiment and starts to tighten policy ever so slightly globally, were looking at many of the big countries heading towards recession in 2023. What is your outlook for japan . Growth is going to slow, but i think japan is, is catching up with the rest of the world because it had a much tighter stance on, on the virus for a long time. Only recently started to live with the wireless, so households have yet to to please return to normal ways. This house is ready for quite high. So that will mention will, will keep the economy going into next year, even as other other countries and recession. Muscleteo, senior japanese economists a catholic nomic. Thank you so much for your time. Diamonds all forever diamonds. Are a girls, best friends with all her expressions . They are the ultimate accessory for anyone who can afford them, but they are facing growing competition from live grown ones which are chemically identical, but up to 10 times cheaper. The man may gems are increasingly attracting consumers, as well as the worlds biggest jewelry makers. And the share in the market is growing fast. Well, the industry is estimated to be worth more than 6000000000. 00 and sale of figure that is expected to double in 2025 days for mart showed the sales of engagement brings made with lab diamonds, jump 63 percent compared to last year. The u. S remains the Largest Consumer market for lab growing diamonds by far more than 80 percent of the demand. India is among countries, but so a sharp rise in the exports of the man made gems in 2019 west 443000000. 00. Thats up by more than a 100 percent year on year to discuss all of this on joy now by ellen young connie allen is the chief executive officer. I have a tardy antoinette, which grades lab grown and natural diamonds. Thank he so much for joining the program. Ellen, i have to admit when my producer told me about this topic, this was the 1st i ever heard of loud groan. Diamonds. Can you tell us exactly what they are . Are they real diamonds . Well, they actually are from a military perspective. So natural diamonds formed naturally 150 to 2 under kim is deep within the earth, approximately 2 to 3000000000 years ago. Oh, even at that time when the data source walked on the earths, so a diamond needs and you have to, in the found discrimination of High Temperature and High Pressure to form. Its actually the purest form of carbon. Now, what is a lovegrove diamonds . Were going, hes man, mate. So we going to imitate nature. We going to create the same circumstances. That is what happens in the earth starting of that carbon ion mineral. Are we going to create High Temperature and High Pressure . And we create a kind of ra diamond will be mutual for the same process of natural dancer will content while a shirt and her and her and put it on my to, to live in a jewelry. So actually interesting thing is that it has the same physical, chemical and Optical Properties as a natural diamond, except that they are grown in a lap. Not really in nature. Are they in investment though . We talk about say gold being an investment is, is it the same sort of thing . Were talking about the value here, and this is actually a personal matter and depends on the purpose of the wishes of the buyer to consumer. The only thing we know today is friends with other lateral diamonds is around 30 percent of the value of a natural gas, which means 40 percent cheaper. But what their value. Ringback be true, are the years remains uncertain in case of natural angus, we can more easily conclude from stock. It figures that to day that they are pretty reliable, long term investment. So at each other, you dont take a standard, what its better, what is more words . But its like i said, it depends on your personal wishes versus the most important is to offer transparency to worse or final test that they know what theyre. I didnt buy a lap grown or do they buy a natural . What about the Carbon Footprint . I mean he using all this heat in order to tend the carbon into a diamond. Does it have a good Carbon Footprint or a bad come footprint . This is also all about marking to bleed lagoon diamonds or markets, or the marketing people are putting them in the market. Ringback is stuffs rattled about part about it because its not transparent. So you have to look at the complete value chain. So how is the diamond produced . So if you have a electron diamond factory and a use sustainable or Renewable Energy that it could be compared to a natural one, that its a Carbon Footprint is slower, but in many cases its not. So its really not the case that has a need of 2 men of huge amount of energy and heat to create electron. Regardless, we are seeing and demand for lab ground diamonds grow up. Whats behind that growth . Well, i think i become denied the power of marketing in this case. So he especially see an Enormous Growth in the us. And i think many factors can contribute to that. Also difference in market share because the growth in the u. S. Is much higher. Frances, that in europe, and i think the lobby in the u. S. Is very well organized. Lobby has been huge budgets of the promotion of lateral. And a 2nd reason is pricing. So the growth of the lab drone in america, theyre much more sensitive to the price when they buy a dietary and corporate comparison with the u market. Where sustainability, the story, the exclusivity of diamonds are part of the buying process. What about the ukraine war . Has that base to demand for lab going diamonds . Yes. Well, were definitely had an impact on both products at russia is the largest producer of natural diamonds in the world. Not in value, but in currents. It produce approximately 40 percent of the worldwide production of natural islands. So you did the sanctions that the u. S. A. D u k and canada, many other big country. So large countries, they have an impact on the big retailers who so who to stop using russian diamonds in the jewelry. So i dont have to tell you that the price is that were already historical. Hi. Kept going, kept going up. So this was an opportunity for the lab drone, a tremendous opportunity for the lab drone diamonds. Oh, so they had a sales bump of 40 percent it 1st quarter. But at the same time, we noticed that the lab room produces were not prepared for such a bump, especially in india, where they had to switch back to the using natural diamonds because of massive st. Shorted at. So what do you see as the feature of the industry will lab grown gems overtake natural ones at some point to all . Thats just not possible. No, i dont. I dont think thats my personal opinion. I dont think it will. So there are no indicators to day that the diamond industry will fall back in the long term. So theyre in a multi faceted, literally and figuratively. Ah, ah, and theyre, theyre really deeply rooted in our culture. And in many cultures as a symbols of floss and purity, a manmade diamonds, its not the same. And then also, more recently, we also see that a diamonds are becoming an investment product. So in china, for example, it becomes more and more a trends where people invest in diamonds because theyre very easy to keep on hand. So the volatility of the stock markets and the uncertainty of economic changes make diamonds a good investment in the long term. That was ellen, young cree allen as the chief executive officer of a 20. 20. Thank you. Youre welcome. Thank you. And that is our say for this week, get in touch with us by twisting me, add money inside and d is the hashtag a j. C. T c, when you do or job as an email counting the costa al jazeera dot net east address, but there is no fee online i out is there a dot com slash ctc website that will take you straight to our page, which has individual reports, links, an entire episode figure to catch up on thats it for this edition of counting the cost. Im money inside from the whole team. Thanks for joining us. And hes on our desert is next. Indonesia your investment destination. The worlds 10 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. No, ah, al jazeera, when ever you oh, i talk a sounds former Prime Minister in ron con speaks