Matter what you see aljazeera will bring you the needs and Current Affairs that matter to you. Aljazeera. Hello im saying this is counting the cost on your look at the world of business and economics this week a special from iran that iran has always been able to work around crippling sanctions but the coronavirus pandemic that killed thousands has trashed the economy what kind of economy will emerge. No country in the middle east was hit harder by the corona virus pandemic than iran its recorded more deaths than anywhere in the region and total infections are still rising overall rates are slowing down but an officially the numbers are widely believed to be much higher. And the government initially downplayed the pandemic in a speech in the early days of the outbreak Supreme Leader Ayatollah Ali Khamenei described it as a non emergency and said the United States remains the biggest threat to the country. And during the 1st meeting of a Task Force President Hassan Rouhani set up to res
Price how come the race to the point. From these historic cent banks until job only what it takes to beat. Special coverage just. Hello im come all santamaria this is counting the cost on aljazeera your weekly look at the world of business and economics this week boyle just because youre resource rich in 2020 doesnt mean youre making money well look at the economies of some opec nations which arent making a cent in earnings thanks to the price crash the coronavirus all so oil versus lithium as cold screwed for green economic recovery post pandemic may be green power could be the death knell for cruise. And saudi arabia the oil giant whose Economic Diversification has led it to the northeast of england but critics are accusing the kingdom of trying to sports watch its human rights record. Look we all know were in the middle of a storm like no other right now and really its no one even if you are a country with oil sure some of the bigger players are doing ok though even saudi arabia is
For a one trillion dollar loss on wall street or was he a convenient scapegoat for taking on big investors. And the story of the world over Migrant Workers stranded in thailand without jobs and no money for rental food. The worlds 20 largest economies agreed to give 76. 00 of the poorest a Debt Repayment holiday but china has yet to publicly offer any support at a time many nations need the extra financial headroom to tackle the coronavirus pandemic beijing has been rapidly rolling out its belt and road initiatives to build infrastructure and increase its influence in mostly developing nations its land jass has come a huge cost for many of the 138. 00 nations that have signed up to the program you may remember sri lanka couldnt keep up with payments on the ports and eventually had to hand over the facility on a 100 year lease many nations have been rethinking their involvement amid accusations china was over pricing road and rail links. Trying to understand just how much money beijing
A green economic recovery post pandemic maybe green power could be the death knell for crude. And saudi arabia the oil giant whose Economic Diversification has led it to the north east of england but critics are accusing the kingdom of trying to sports watch its human rights record. Look we all know were in the middle of a storm like no other right now and really its no one even if you are a country with oil sure some of the bigger players are doing ok though even saudi arabia is cutting subsidies and raising taxes but small opec players are really taking a hit from the coronavirus pandemic and Oil Prices Sliding into negative territory however briefly think about oman and behind both could receive economic support from the likes of saudi arabia and the u. A. E. But our focus is on those resource rich nations that with oil prices that are around 30. 00 a barrel may have to turn to. The International Monetary fund and start with algeria which has seen its debts soar to 45 percent of g.
1950 concerns. The israeli Prime Minister Benjamin Netanyahu says he will not miss an historic opportunity to annex parts of the occupied west bank. And indias domestic flights take off again but infections are still on the rise with the biggest daily increase yet. Follow the closest adviser to the u. K. s Prime Minister has defied calls to quit or apologize over accusations he broke virus last on rolls addressing a political storm thats engulfed Boris Johnsons government dominic coming said he doesnt regret his actions he travelled with his family from london to northeast england while his wife was unwell new barker begins our coverage from westminster. This was an unusual moment for Dominic Cummings a man more comfortable in the background of british politics the Prime Ministers chief advisor has been under huge pressure to explain his trip to the north east of england which appear to defy the governments old lock down rules a journey he said he was forced to take under exceptional c