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this is audra 0. these are the top stories. the u. k. is called the execution of a british radian national intact ron callous and cowardly. others sac body was convicted of spying for the u. k. charges he denies the execution came despite the last minute appeals for clemency from britain and the united states. vessel south has got more than the impact of this execution in iran. there are already acquisitions from different institutions, different figures, who are the key elements of the established in here a cruising each other off, not functioning properly. now, did they did? did that just secretary general of the national security council? eli sher alicia uncanny. his dad did the report that he might be removed from his paused and imagined that this of this security body is the main body that's overseeing the nuclear negotiations. and it is directly reporting to the president and the supreme leader in the quarter. so we already see the huge, massive impact of these execution within iranian poverty structure. rush air strikes have reportedly striking key infrastructure in ukraine's capital. but our warnings of more to come in the south ukrainian official say 17 russian bombers of taken to the skies and they could strike later on saturday. russia says it now has full control of the eastern ukrainian town of solid, the island. what would be its 1st gain in the danverse region since july? but keith denies the claim to palestinians had been killed by his really forces in the ocoee by west bank. they were accused of firing at his railing troops. here janine is manage a hard group, says the 2 fighters belong to it's armed with the accursed brigades. while a 19 year old from janine died on saturday from bullet wounds sustained when his early forces shot him 2 weeks ago. brazil supreme court will include former president data, boston auto, and it's investigation into last week's attack, and the capital is supporters stormed government buildings, demanding the hosting of president lewis, and nothing loaded his silver perused president to dinner bolo, artie has apologized for the death of at least, 47 protesters and a televised address to the nation. police are accused of using excessive force against people, demonstrating against the hosting of a predecessor hydro casteel. last month. it was the headlines. these continues here on al jazeera, after counting the cost by so coveted beyond well taken without hesitation, fought and died for power. defines al, wow, we live here, we make the rule, not now. they find an enemy, and then they try and scare the people with people in power. investigate, exposed is and questions they used and abused of power around the globe on our dedira i . i live on the cloud, this is counting the cost on al jazeera. you looked at the world of business and economics this week. china is at 0 cobit policies over despite a surgeon case. as the country has opened its doors to the rest of the world will but help revive the economy and what are the global implications. also this week, europeans have been bracing for a difficult winter because of the energy crunch, but gas storage facilities are almost full and prices fell from reco high's site. did europe overcome its energy crisis? plus we explore why savvy young's in, baldwin graduates, a trading a seat at the board room table for chance to work the lag, ah say 3 years of city, wide looked downs and border closures in china have disrupted supply chain squeeze businesses and cause widespread economic damage now as bay jane joins the rest of the weldon adapting to life with the virus the lifting it strict code. 19 policy is bringing both relief and uncertainty. rolling back pandemic roles is meant to revitalize the economy. but it's also lead in you outbreaks. factory activities shrank in december at the shop is pace in nearly 3 years. as cove infections, sweat through production lines across the country. china has been struggling with a drop in retail sales consumers spending and record unemployment rates. but virus curves weren't the only factor dragging down the chinese economy. the country's property sector is in crisis and trade, which makes up around a 5th of china's gdp, took a hit from the global economic slowdown. or the countries reopening could have huge implications for the rest of the world to among the sectors expected to benefit from the lifting of restrictions on. foreign travel is the global hospitality sector. but while some countries offer travelers coming from china, a warm welcome, others impose travel requirements. 20 j, as is now from bangkok. o ruling out the red carpet on it guess. 3 ministers and a host of senior government officials. welcome passengers on a flight from sherman and southern china gift bags and garlands. but for the tourists, it was reward enough to be able to travel overseas. and people are currently under review here. and here also give appeared in interest and everything. wow, is the tourist moved through the airport? neither they nor any of the other arrivals were required to show vaccine certificates. the civil aviation authority that hardly announced all passengers will be required to show proof of vaccination or immunity from cove at 19 regardless of their country of origin. i know that the health minister backtracked thailand is dropping vaccine requirements, despite concerns that an influx of chinese tourists could bring new variance at the bars. we find not imposing, restrict, speaking to al jazeera, getting the minister explained. he wants to do everything, so to encourage visitors to come, we evaluate the risk as an opportunity together. and you, i valuation is that there is no risk de still risk, but we have things to overcome those risks. you in the financial risks of not inviting people who are the way you mean to find the economic risk of norfolk southern risk. this abrupt you said is an indication of the fact that thailand wants tourist arrivals from anywhere in the world. the fact they're hoping for $10000000.00 arrivals from china by the end of the year. so, so an indication of hairline thailand is now on arrivals from china. other asian nations are also hoping to leo back chinese tourists. japan was one of the most popular pre pandemic destinations for chinese travelers. although now they'll have to show negative cov 19 tests. but no entry requirements for barley like thailand, indonesia has dropped all korean virus curbs. although it expects visitor numbers will remain low. thailand however, needs to get back to pre pandemic visitor levels. fast harvey unhappy, the chinese tourists are coming back. we haven't been able to make a living. we all suffered while they were gone with only a 1000000 chinese arrivals expected in the 1st quarter of the year. that might be wishful thinking with the beijing government lifting all travel restrictions. many asian countries would be hoping chinese visitors make the most of the new found freedom. so let's take this on from london and join by shirley z u, who's a senior practitioner fellow with the ash center of harvard kennedy school, and a visiting senior fellow at the london school of economics. shirley, welcome to the program at so 1st up, china's reopening is a big deal, isn't it? do you expect to quick economic recovery or, or might it be hampered by the such infections? good morning, nick. they infection rate has hard to 80 percent in most of the economically developed regions in china. and the buyers will continue to spread in the rural regions in the coming month. however, because of the fact that most of the industrial supply chains are spread across china as economically connected regions to. so the supply chain recovery itself will be pretty quick and pretty strong. the government always investing infrastructure to give the economy some needed a dose of boost. however, consumption is really 6. he percent of the chinese economy. so unless we see the consumer demand to pick out, we do not really see the signs of a sustainable structure recovery yet. right. and that's the thing, is it? because consumer and business confidence has been really hit by the the cobra pandemic? so how will that the government's set about trying to restore that confidence? i absolutely agree with you. i think of some consistency in the government, the policy setting be crucial to boost their consumer and business confidence. so chinese consumers have saved 17 trillion, are being 2022 nic and that's roughly almost close to 3 trillion dollars. and so consumers are really opting for saving rather than investing or consuming. and i think i talked about consistency in the past couple of years. we have seen a lot of policies that have not been consistent. first of all, it was out to crack down on the real estate sector and now she rescued a sector. it was to crack down on china speak. take and not supporting the big tag . and it was a 0 call the containment for a couple of years and, and all of a sudden, overnight is changed. sure. letting the viruses spread as quickly as possible. so no matter if you are a consumer, a business entrepreneur, you really don't know what's going to happen next. and so i think the government really has a lot of job to do to send a strong and consistent message to the public. and one of which is a to be pro private business. i think the chinese president has recently openly supported the legitimate row of chinese private companies. jo, john governments, the government where ha, alibaba headquarters actually visited the company and established a strategic partnership there. and i think above all, it is really important for the chinese government to send a message out and at that expresses d, a consistency that economic growth rather than this ideological or a political struggle will continue to be china's over our change priority for the foreseeable future. right, another area that the government has had to focus on is, is trying to revive the property sector has its own enough to think never enough. it's on the road because we haven't seen really the us stabilisation of the real, the say sector yet. does sector really face? is he structural demographic challenge? china's new birth number in 2022 hit a new low. so there are just simply too many homes for increasing the fewer populations. but the purpose of the government, today's really not so a inside another era of a high growth in the real, the sector it is really trying to of, we're avert a systemic financial. isis is trying to say the banks, the banking sector is also trying to save the local governments who are not only heavily indebted today, but they are heavily re lines on will be say, land sales revenue for our fiscal receipts. and so really what the government is trying to achieve here is to avert a spill over from the real estate of crisis into the banking sector. the really see factor is not likely to see high levels of growth for a very long time, but will determine be able to avert a systemic financial collapse. i think so, i think the governments though, has a lot of towards both monetary and the fiscal to deploy a needed or what about money coming in from overseas foreign investments? how thought shape. mm hm. that's the area that said been, i really contentious. china will always welcome foreign direct investment, but given the structure of the chinese economy today, nick, the f d i, the china tried to lure a william increasingly bay leaning towards the high end sectors. a high take i, in manufacturing, finance and the public health accenture. and the recent past loaded negotiation that broke down between the chinese national are you sure the provider and pfizer really shows that we understand the china inquired about the possibility of pfizer developing. we're producing a generic version in china of for the chinese consumers. and so as china arrived was up to the global tech funds here, i think the concerns we'll remain that as china becomes more and more powerful in technology, china will try to come up with a domestic version of the western counterparts. and that are put the western kind of parts at a disadvantage to china, trying to reconnect with the rest of the world. but at a time when it's relations with the u. s, but not great, are they and the global economy is continuing to slow. so what impact will all of that have on the economic plan? i think we have to arrange nation the next to arrows. globalization i think, are sad or the regional comprehensive economic partnership that was established between the r c r countries and the recitation neighbors. i will continue to generate a chew of trade and economic integration in the asia pacific region. china is clearly express the interest and effort in trying to apply for a membership in the c p, t, p p, which is a higher bar regional trade in economic agreements. and i think on today we're starting to seem of increasingly with clarity that the u. s. in the chinese forces are trying to mutually exclude each other from their own are industrial supply chains, particularly i the high end. and so i think the next era of globalization, we're starting to see 2 parallel systems of globalization with the chinese and the u. s. a economies at the center, and then there will be a 2 parallel forms of globalization, of going on at the same time in across asia, europe and are increasingly africa. so finally, to severely does rewinding back to the, this reopening of china's economy. the is come sooner than expected for, for many golden sucks for once, just that, that will lead to supply chain issues. is that a problem to think? i think goldman sachs has been wanting about short term supply chain disruptions and balance. i think are china's re opening and rejoining the world as he said, is a positive for the global economy. and obviously another concern on the horizon is how will the pick up in chinese consumer demand. and also the production capacity of from within china is going to add to the results of global inflation. so there is quite a lot to consider there are i, surely the use is great to have your analysis. we appreciate it. thanks very much in clinic. ah, so it's being considered year it's worse nightmare. in decades, the energy crunch caused by russia shutting off gas applies was expected to get worse and even spiral out of control in the winter. factories did go dark and that heating was turned down as europe in households and businesses, or the brunt of hefty energy bills. but after months of striving to secure supplies and lower the cost of switching on the lights and cooking males, europe's fortunes may have turned natural gas prices in europe. and the united states fell to their lowest level since russia's invasion of ukraine, wholesale european gas prices, as measured by the benchmark. dutch futures contract have fallen to $77.00 per megawatt hour early this month. and they've sold to an all time high of $364.00 back in august. while energy price is rocketed after russia stop the flow of gas through the nord stream, $1.00 pipeline to europe, citing technical problems. the e u has accused moscow of using energy as a weapon in retaliation for western sanctions imposed on russia over its invasion of ukraine, of the block boosted imports from norway to replace rush and gas and snapped up supplies if liquefied natural gas mostly from the united states and qatar they also raised to build facilities needed to receive l. n, g by ships and converted into gas. it can be transported through pipelines. european nations filled up their storage facilities and encourage consumers to use less gas by setting of voluntary 15 percent reduction target. some nations have shifted back to colon restarted nuclear plants and rolled out ambitious renewable energy plans. all the while russia has increased gas exports to china in an attempt to reduce its dependence on the european market. well, joining me now from vienna, as your highness bernini your harnesses, the chairman and executive officer of j. b. c. vienna. johan, as welcome to the program at 1st up. so there we were ferrying the winter of soaring prices, and in fact, gas prices have slumped. is that just down to the wall whether that we've had across europe so far this winter, or indeed action taken by nations. but it's a combination, really expensive. tennis of the gas supply has motivated many of the consumers, many of the industries to reduce their demand. some of the businesses simply have shut down. they prefer to make money by selling their natural gas. others obviously are reducing their consumption because it's so expensive. but they were also lucky because the winter weather surprise been telling mild and to trace it. we have seen, still supplied from russia, which has prevented divorcing to happen. so there is reduced supply from russia. they managed to fill the inventory beforehand so, so far they were lucky. you use the phrase as they fall twice, in particular referring to the the winter weather. i'm it and it could yet be a big freeze. would that change things radically? well, it won't change anything for this year. i think for this winter we are over the top of the most difficult time. the inventories are reasonably cold, so they will manage to go through this winter. the problem comes in the next he think, season, simply because you have to bear in mind in 2022. a lot of the natural gas that is on inventory right now has still come out of russia. and because the supplies were still working fully until the middle of the year. now this, you know, stream one, you know, at least currently it's, it's unlikely to operate and stream to a could in theory operator. but that is politically not very, very easy to, to handle. so this year is going to be very difficult in the refill process. we talk about this, the drop in prices. the consumers aren't seeing that. what point will they see the dropping prices to their energy bills? and the question is in whose interest is it? the government's really trying to motivate the consumers not to maintain demand on the island on. now, once prices decline, obviously the consumers don't feel the pressure. so much and they would maybe increase consumption again. so i think right now, you know, it's in the interest of the governments to motivate the consumers to consume more. that's why it's going to be very funny if you see a process dropping, that would be unusual. how long do you think governments can continue to intervene to keep prices down? i mean, right now the winter should do most of it. thereafter, when prices are falling, obviously it's going to be a bit more difficult for them not to to allow that price drop to happen. so right now you see a lot of motivation for everyone not not to consume as much as before, but i mean, we have to face this, this decline in process is not only are you repeat in sphere, right? europe right now, it's benefiting from 2 factors in the market. apart from the weather. number one is said that china is not yet back on its feet. and number 2, simply because the high natural gas price is not only have motivated you repeat, consume list of consumers. we have seen a whole bunch of asian countries that we're turning away from coal in using more natural gas, basically to revert back to coal. now that means they were priced out and this is basically, to some degree helping the pin supplies iteration. he mentioned china. what are the implications of china as reopening on its energy market? where it's dramatic, i mean, china and the last couple of years has become globally the biggest player on the island. she market. it has successfully reduced the share of coal in each and the energy portfolio by basically increasing the gas element in it. now we have seen the last 12 years, particularly the year 2022. there was no increase in consumption in terms of natural gas in china. us for obvious reasons compared to and that you can make slow down. and now, you know, doesn't matter to whom you speak, everyone would expect this year. there will be a come back now. that may be happening, may not, but if it happens, clearly, china is a dominant player and d and d, she market and it will be then, you know, compete with europe that put them price at dr. price is higher. right. and will benefit russia because china would be a climb of russia. right? well, i mean, right now the funny thing is russia doesn't sell so much pipe gas to europe, but it's a lot of balance sheet to europe. it's so funny. i mean it's, it's the, the strategy in terms of factions in europe is not very well well balanced. but right now, rusher is making more in boat to deal and she market, of course, the pipeline supply into china is one topic. but there in mind that takes many years to go because of building and expanding pipelines that wants to die in place right now have been basically approved and built into investment decision would take me 5 to 10 years ago. so whatever happens right now has been decided many years ago. so this is not one day to the of the exercise. but yes, they will in the medium term, build more capacity iteration. and what happened finally, as it has inspired a change in the approach the renewable energy build across europe. is that going to continue? do you think and will it gain momentum? we see that right now, the pin commission is basically meant i think, member countries to accelerate the approval process for renewable project. many countries that are now executing that thing in austria, they chose to prove it. and that means that you can build to wind park solar pucks faster than before that will help. but bear in mind that it is not an immediate solution. this is going to take a couple of years till that is translating into more energy independence. in the meantime, what it'll, what is happening is that the relatively low amount of carbon dioxide does that is in natural gas, has been swapped against a higher amount of carbon dioxide in coal. because you see everywhere right now in europe that coal is helping out to provide energy. and that basically comes with the cost, not only in asia, right. what i mentioned before, but it comes to the cost also in europe, in terms of moving away from fossil fuels and high carbon energy. your husband, he good to get your thoughts. thank you. thank you. all right, the soaring cost of living and rising interest rates, curbing consumers, appetite shiny electronic devices. samsung, which is the world's biggest manufacturer of memory, chips, smartphones, and t. v. 's says it's profits for the last 3 months of 20. 22. plunged by almost 70 percent, that is the lowest level in 8 years. well, the south grand company has been struggling with weak demand for memory, chips, smartphones, and displays. as consumers tamped down on spending. samsung as a latest major technology company to be hit by drop in sales as concerns grow about a global economic downturn. when unemployment is high in zimbabwe, and most of the population of 40000000 is working in formerly to make ends meet. many young graduates with degrees and business in law, in finance, in technology, you can't find a job in their fields as switching to farming to try and earn a living. her, him a task reports now from the gra munsey district in eastern symbolic way. unicoi giacomo has a master's degree in international trade law, but finding a job in zimbabwe is difficult. so in 2018, he became a farmer and now employees, several people. the 30 year old is one part of a new generation of educated youths who work the land to create livelihoods. but navigating the country's farming industry isn't easy. the biggest challenge we've got is an issue for finance or capital and her for even young people. to be able to walk into a bank, you've got no collateral. you've got probably no history or you've got no studied lane to tell how valuable your business or your idea is. and also even the excess to, to lent the state some banks and the private sector help finance farmers. but many say they can't get the help they need to get started. this country has a lot of fertile land, but since landra fallen when commercial farms were seized from white and given to blacks and barbarians, some of that land is not being fully utilized. more young people here say they can help increase productivity in another part of the country, valerie mozilla and her husband are preparing to export watermelons to the middle east, zimbabwe. strategically located because most of this product grad getting it from australia in brazil. zimbabwe is just $21.00 to $28.00 days to dubai. whereas when you look at brazil, they're looking at over 35 days on water. old infrastructure, electricity shortages, and an inflation rate of more than 200 percent. are some of the factors holding back the bobbies? farmers, it really depends on the performance of the economy, whether you are going to be successful. it really depends on the performance of economies the import economy improves. so the profit prospects of firms valerie, believe farming could be one solution to the countries unemployment problem. but young people say for that to work, they must have access to the resources they need to thrive. alex is, i'll show for this week if you'd like to comment on anything you've seen, you can reach me at clark, al jazz, using the hash tag a j, c t c, or drop us an email, counting the cost at al serra dot net is all address but there's more for you online at al serra dot com slash cdc. that'll take you straight to our page, which has individual reports, links and anti episodes view the country. so that's it for this edition of counting the cost. i'm the clock from the whole team. thanks for joining us. the news on al jazeera is coming up the american people who spoke what exactly did they say, is the one looking for a whole new order with less america in it? is the woke agenda on the decline in america. how much is social media companies know about you? and how easy is it to manipulate the quizzical look us politics? the bottom line, 15 year old gen as a cat and they used to play on this rooftop with her brother and have a pallet. and her cat at home was the one who found his sister's body late on sunday, a row after the israeli forces withdrew, i came back in time. my uncle told me to call jenna. i found her date and the cat was next to her. i couldn't believe my eyes friends say john, i like to paint job and watch soap operas. the family says she used to help her sick mother. now they're all facing life without her. john, i would have turned 16 for this month. instead of her birthday party, family and friends gathered for her various rights organization defense for children international it says more than 25 percent of palestinians killed by israeli forces in the occupied with bank this year with children. many like at home, see their friends and family members being killed and fear they'll be next. ah, this is al jazeera.

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