A fast moving event certainly. And of course south africa and certainly pretoria will be watching very closely as to the proceedings of what happens south africa have a strong vested interest in stability in zimbabwe and also a very Strong Political affiliation to the country. Yes absolutely and there are lots of reasons for that some of those feelings on the street that her was just talking about there will be echoed and mirrored across the border here in south africa because there are many zimbabweans in this country forced out of their homeland by the economic decline experienced in zimbabwe because of some of president Robert Mugabes economic policies have come across the border for jobs and are here in high numbers and just to give you a sense of the sort of a grip of on power his head foremost forty years as. People we was talking. Earlier in the week out on the streets and darwins some of them were still too scared to really speak to us that openly and uncritically because they
Emmanuel michel who played a key role in mediating the fallout from his shop decision to resign on november the fourth. So when are more news in just under half an hour next counting the cost looks at venezuelas default and the rise of bitcoin in zimbabwe do stay with us for that more news in just a bit thanks for watching. Within. The law and has some secret this is counting the cost on aljazeera your weekly look at the world of business and economics this week venezuela and defocus the oil rich country fails to pay its debt well look at what happens next and what it means for its people. Also this week caught in the middle of a bitter saudi iran rivalry lebanons economy getting squeezed why that matters for the region. A military intervention in zimbabwe but will anything really change for the countrys ailing economy. With. So Oil Rich Venezuela always pays its debts even at the expense of its citizens thats been the mantra for so long in this latin American Country that lenders have
Has a secret this is counting the cost on aljazeera your weekly look at the world of business and economics this week venezuela in default as the oil rich country fails to pay its debt well look at what happens next and what it means for its people. Also this week call it in the middle of a big test saudi iran rivalry lebanons economy getting squeezed why that matters for the region. A military intervention in zimbabwe but will anything really change for the countrys ailing economy. So Oil Rich Venezuela always pays its debts even at the expense of its citizens thats been the mantra for so long in this latin American Country that lenders have just kept lending but this week everything changed venezuela is now officially in default for the first time its past the grace period to pay up on two government bonds and one bond issued by the state owned oil company now as more payments are due it is facing what could be a messy financial unraveling and that spells bad news for a starving popu
Independence where barcelona also coming up polls close in kenyas riba president ial election but take two look this contested poll has been marred by clashes and a lower voter turnout after the opposition called for a boycott. We are really grateful. For everybody who supported us legally and emotionally with union german human rights organizer Peter Storrie is free on bail from a turkish prison and other activists are on trial for terror related charges seen as politically motivated. Thank you very much for your company on leyla iraq while we begin in spain where its been a day of twists and turns because the separatist leader of the region of catalonia says he will now not call elections that might have defused tensions with the Spanish Government over catalan independence. Says it is now up to catalonia as Regional Parliament to. Side whether or not to hold elections the Spanish Government plans to strip put him on of his powers and impose direct who uncatalogued thousands of prose
Election has been marred by clashes and a lower turnout with the opposition calling for a boycott well go live to nairobi for the latest also coming up confusion in catalonia a day before spades parliament is set to take direct control of the region catalonia as president says no to snap elections the one tool that could prevent losing all ptolemy well take you to barcelona for the latest there plus we are really grateful. For everybody who supported us legally. Ok and been. An emotional reunion it in an unexpected to diplomatic deal the german human rights organizer peter stoic not charged with helping terror is free on bail from a turkish prison. Its good to have you with us we begin in kenya where vote counting is underway after a disputed rerun of a contested president ial election the opposition has urged voters to boycott the vote and as a result turnout was low even in some areas considered strongholds of president your guru kenyatta polling was pushed back to saturday in four c