tv Counting the Cost 2018 Ep 29 Al Jazeera July 21, 2018 1:32am-2:01am +03
washington has already imposed levies on thirty four billion dollars worth of goods to which beijing quickly responded in kind the international monetary fund warns the tit for tat tariffs could seriously damage the global economy. the french president emanuel macron has fired a top security aide after he was caught on camera beating a student protest on his mobile phone video shows alexander ben-ali dragging the protest on the ground before hitting him on the head several times and i was also accused of impersonating a police officer i was the top stories at it from london for now counting the cost is next. they aren't worth millions of dollars to the never lose their living god. one on one east investigates the fight to reclaim the poles stolen idols.
hello i'm sam is a than this is counting the cost on al-jazeera your weekly look at the world of business and economics this week stronger growth prospects for sub-saharan africa but a big trade challenge is looming. also this week airplanes and e-commerce and sports cars the world's second biggest aviation tradeshow gets underway. plus the world's first habitable three d. printed houses technology causing a stir in the construction industry. all this week the international monetary fund upgraded its growth outlook for sub-saharan africa in two thousand and nineteen citing a recovery in nigeria africa's most populous country is recovering from its worst
contraction in a quarter of a century that's thanks to rising prices for commodities like oil and there's a positive contagion effect in an update to its world economic outlook report the i.m.f. said the sub-saharan region as a whole hour is expected to grow three point eight percent in two thousand and nineteen that's up nor point one percent compared with april's forecast but there was also a warning about the impact of tit for tat terrorists. united states has initiated trade actions affecting a broad group of countries and faces retaliation retaliatory threats from china the european union its nafta partners and japan among others are modeling suggests that if current trade policy threats are realized and business confidence falls as a result global output could be about point five percent below current projections
by twenty two and president xi jinping of china is in africa this week passed through senegal and rwanda before heading to south africa and the brics summit in johannesburg africa plays a key role and she's belton road plan china's africa's largest trading partner of chinese made products a hit with u.s. tariffs there could be a knock on effect africa's share of global exports is low making up just two point four percent of total global exports two thirds of sub-saharan imports are finished products product shipped out to the rest of the world are dominated by braun materials africa's current internal trade is low to where my next guest is the group c. o. of echo bank which has a presence in over thirty african countries joining me now from london is i am a good to have you with us sir so first of all how would the global trade war impact the continent. i think every war is not good but
from an african point of view we have very focused on how we can ensure that we continue to participate in global trade board the in bands to our continent and they're our band from our continent and we're very focused on what we can do to make sure that we continue to trade but how can you convince your traders it's a new level if giants like the u.s. the e.u. china are all coming down on each other with terrorists that's closed down international trade i'm sure there were find a way to walk it out what will lab rat out focus on the what we can do to ensure we continue to improve the lot of people especially trade in among us in the african continent the in traffic on trade is very law we're very four course on a sure thing that because of the dish wish and of resources we're back up a bit it is cross the continent who want to focus on being able to trade among
their forests and it's only when we can improve that our ability to trade among ourselves and i'm sure you know within the continent we are signing there in traffic a trade big continent our free trade area to make sure that continent we can continue to serve as a single market i think that is this single biggest opportunity in front of us that we need to realize for give us a few more details about the potential of into africa trade to overcome the problem of reliance on exporting commodities in particular. if you think about this so if you look at this south africa and the south than africa south africa is the most developed technology created in the continent therefore it should be possible for us to exports raw material for miss out on africa to get produce in south africa. if you look at the rest of the west african country and it is the african
continent not african countries of expertise if we ain't sure that the market for everybody to parts of it to assure that industries can be looked a look at their countries so from our point of view we now see an opportunity to have a billion people of a billion people that is close to the population of india now trade in among us a sure that we can have much more fast food grow than we used to have and wealth can be this would lead to the base of the economy that we used to be on it's a noble vision indeed thanks so much are they i am a for sharing it with us thank you still to come on counting the cost this is the world's largest ag conditioned open air arena take a look at carter's winter world cup preparations now in full swing.
but first tag titan google vows to fight back after being slapped with a record five billion dollars fine by the european union the e.u. says the tech giant used its android operating system to cement the dominance of its search engine sun a geiger explains. a three year investigation and direct quote five billion dollars fine a steep penalty for google accused by the european union of abusing its power as it called it an entire sector in the phone market who has engaged in illegal practices to cement its time and market decision internet search it must put an effective end to this contract within ninety days or face penalty payments at the heart of the issue is android the tech giants operating system for mobile phones used to more than eighty percent of the world's smartphones it is essential to google's future revenues it's easy to make me a cause for the european commission found google have blocked competition by
forcing phone makers to pre-install services such as search engine and map software as a condition of using its operation system it also paid phone manufacturers incentives if they installed google search without rival services the case would seem to prove the point that there's no such thing as a free lunch when tech giants come bearing gifts and google is finding out to its cost it's having to concede this is already the case in countries such as china and russia the french government has welcomed the decision to stop it from squeezing out any rivals. google will have to change their practices in terms of licensing of the virus and road software applications that in turn would have a considerable impact on their commercial policy google has said it will appeal against the decision it may only be a fraction of its revenue but the real challenge will be if the e.u.
forces it to change its future behavior. the european union and japan have sealed the deal to eliminate nearly all tariffs on products they trade the bilateral pact covers a third of the global economy markets of more than six hundred million people it was agreed in principle last year but was officially signed this week meant growing international trade tensions it means japanese can enjoy cheaper european exports such as cheese and if you live in the e.u. japanese cars will become cheaper what's been dubbed the cars for cheese deal is likely to come into force next year the first commercial flight from ethiopia eritrea in twenty years has landed safely this week drawing a line on the years of conflict hundreds of people boarded the flight to us model hoping to reunite with family they had been separated from during decades of war how about our reports from alice ababa dignitaries journalists and businessmen
poured what if you open land schools it's but of peace it's the first flight from their a trend capital of this century this is how. we are. and the fact that we are. there and that is. the airline operated two flights within fifteen minutes of each other because of overwhelming demand the majority on board are people separated from their families by the border wall which began in one thousand nine hundred i don't know of. how. how to her troops we caught up with that is hard to go a journalist with the state media as he packed his bags he was separated from his a trail wife and two daughters seventeen years ago she was forced to flee if the being sacked from her government job in ethiopia because of honest knowledge that
he just got a dog and i will believe this is not a dream when i land in asmara i've never imagined the possibility of peace between ethiopia and eritrea during my lifetime the weight and lack of communication with my family was painful i felt like i had an incurable disease us model becomes the one hundred fifty of us the national forty feet up in ellen's which also announced it was a quiet twenty per cent of the little known at a friend's allies the road linking the two countries as a four hundred of waited before vehicles allowed to fly again. at a train has agreed to grant access to its ports a boon for ethiopia which lost its main group to the sea with the outbreak of the wall twenty years ago if we started connecting our populations we have big market in the editor by some token a chance will top the position soon fifty so it's all hope that the opening of the port and the relaunching to penalized was not
a good for the strings in the twenty first deals have been a trip. to new ties with its much larger neighbor with a population of more than one hundred million people also raises the prospect of revival for a traitorous ailing economy many are now hoping the tricky exercise of democracy ting the disputed border will go us quickly and smoothly as the process to normalize relations. and ethiopia air said it's in talks to help nigeria create a national flag carrier the government of nigeria unveiled the name of the proposed new airline this week nigeria air nigeria hasn't had a national carrier in over a decade and there are likely to be other parties interested in taking stakes that's just one of the stories from the farm air show which is taking place in the u.k. this week this is the world's second largest show after paris it's where the aerospace industry comes to talk business another big talking point of the show was air
freight u.s. plane make a boeing kicked off this week's event with a four point seven billion dollars deal to sell d.h.l. express fourteen boeing triple seven freighters joining us now from london is peter morris chief economist at flight ascend good to have you with us so it sounds like boeing is cashing in on the air freight demanding crease is that what's going on well i think inevitably when there's been a whole flurry of all those in the last few years that the number of orders are going to be an ant for freight and elsewhere are going to be limited but they certainly have brought in a number of particularly large traitor orders this show. now i arthur says global air freight demand grew by nine percent in two thousand and seventeen that's more than double the year before that what's behind this increase that was the world you can look at the past or you can look on growing at the present and the future and i think it's important in any kind of dynamic like freight to take
a kind of watching brief on history current in the future and i think that the latest after i outed data showing that there was a slowing down to around four percent of the first six months of this year so the restocking process that was seen and saw an element of that in twenty seventeen has kind of passed by and now when you've got threat of global trade slowdown and global trade confrontations between major blocs there's definitely a concern and still looking positive but it's climbing rate of growth and looking forward to the end of the year talking about figures by the end of the year maybe being no more than two percent so it sounds like you're saying what we saw in two thousand and seventeen was a bit of an exception not something you'd expect to continue going forward right. yes if you look over the last two decades also you've seen airfreight growth five six percent that kind of figure but it's obviously impacted by the trade cycle and
g.d.p. growth and so you've seen these cycles of come through in air freight and because air freight is a particular kind of freight so in other words for more immediate restocking it tends to be used and when people want something they want it now so you see a bit first. the other thing that's interesting about air freight is of course it only goes one way so that where you have an imbalance of trade you have an issue for the airlines of filling up the plane both ways and then the other side is that unlike passengers freight doesn't mind going the wrong way around the world so the middle east carries for example have been able to develop a very significant market between asia and europe for example that doesn't fly direct but provides the right service at the right price so you know freight is slightly different to the kind of trends that you see on the passenger side thanks so much now if you're like me you may struggle with princes that work but with
advances in technology and the advent of three d. printing it's now possible to print a building known in the trade as additive manufacturing some say it could change how we live and construct homes so how does this all work basically a three dimensional design is created using software that design is then used to instruct the machine to accurately print or place materials together layer after layer until the desired shape is achieved this kind of tech has many uses but it gets interesting when it comes to the construction industry low cost three d. homes could even help end homelessness a advocates. three d. printing was first invented in the one nine hundred eighty s. it's also known as additive manufacturing and that's the key bit it's a big leap forward in how we make things we can now print things like houses spare parts for planes and can also all of that can be created on demand now even
possible to use this kind of printer to make clothes that are also multiple uses in the medical industry it's a radical change to the way we create things and some say could even revolutionize the way global goods are manufactured as the technology improves complex products can be made anywhere helping small firms compete with big multinationals and if those predictions are true there are implications for global economics and trade more decentralized than localized production means less need to transport things all around the world are joining us now from cambridge is simon hart simon is the senior innovation lead for smart infrastructure at innovate u.k. good have you with us simon so first of all tell us how does it work how do you print a house. so three d. printing in housing is a relatively new technology but it works much the same way as regular three d.
printing. a substrate plastic of concrete is extruded liquid form in layers and these layers are built up until you get the end product that you're looking for but i guess it's not the sort of deafening not the sort of printer i have in the office how complex a set of machinery and infrastructure are we talking about when it comes to printing homes. well actually the technology is actually relatively mature in smaller scale so small scale three d. printers have been available even for domestic use for many years now what you're doing with with a large scale three d. printer is really extending the scale and the size of that three d. printer but there's a fundamental difference is that domestic three d. printers will typically use plastic they will heat up the plastic to the becomes a liquid and then print that liquid in a line they wait for it to cool and then print the next layer now with houses if you're using concrete for example you have to wait for that to sets or to become
solid before you go to the next layer so whilst the similarities are there with with domestic three d. printing it's actually a lot more complex to do this for with structural materials such as required to build a house where it sounds a little more complex then would it be a solution for developing countries for crisis hit areas then. that's one of the potential applications because while the technology is available to do this the actual end product is relatively simple it is only able to pursue but to print one particular type of material at a time so whereas most of my stick ours is that we know of have layers of outer walls insulation then in a waltz three d. printed house typically only has one wall facing made out of the same material now while studies is good because it can be developed quickly it is maybe not so good for for the mainstay of home so it actually suit itself quite well to particular
disaster areas or developing nations where the houses can be built very rapidly and builds with a minimum of skills because all you actually need is a skilled people to to maintain the printer you're not looking at hiring hundreds and hundreds of bricklayers which in itself is quite disk. job and of course a three d. printer can run twenty four seven whereas bricklayers can't do that but where is it producing something at the end of the exhibit talk about homes where people are going to live right is it going to produce something that's reliable that's you know do we know how it will be impacted by environmental factors over time and so on. well that's where the challenge is so three d. printing begin in the construction industry is quite a new technology whereas traditional build bricks mortar concrete we've used those four hundred hundreds of years so we know that technology has lots of history and
proof in different climate zones in different climate types three d. printing is relatively new so that testing is yet to be done i think one of the challenges here particularly is the longevity of the jura billet seat of three d. printed structures particularly in areas of harsh climate six reams of heat extremes of cold flooding or even earthquakes this have the potential to radically change and lower production costs and revolutionize the whole concept the basis of production of scale and economies of scale. ultimately over a long period yes it does but we have got a long way to go bearing in mind the the digitizer ation of the construction industry has only really happened over the last few years so if you take that we're unlike the let's say the automotive industry or the aerospace industry that have been using computer design and robotics and simulation for many many years construction is only really started on that journey fairly recently i think if you
fast forward ten twenty years you'll certainly see this this big intervention with the use robots or x. three d. printing machine learning and higher higher intelligence artificial intelligence on the construction sites to improve the quality approve the output so that on time what what does that mean aren't willing very humid to venture smaller companies perhaps even individuals can now produce what economically produce things that were you know you could only buy from large corporations well that's the interesting part of this technology is it actually is a great leveller so robotics being available relatively cheaply to a great number of people does have the have the ability to transform the way the industry operates but is still part of a structural mix and a structural transformation of the industry that is in progress fascinating globalization comes full circle a thanks so much for your thoughts on that thank you and finally the world cup in russia is now over but all eyes are on the next
hosts qatar's they prepare for the tournament in twenty twenty two the gulf country will host the first world cup in the middle east joining us roscoe went behind the scenes to take a look at how preparations are going. it may not look that impressive but this piece of concrete is the spots where the cats are twenty twenty two world cup will kick off it can also be seen as symbolic of this country's solid determination to make this tournament a success as it enters the second year blockade imposed on it by its gulf neighbors initially that prevented some construction material from getting into cattle but organizers now say that all eight stadiums are on schedule with all of them ready to years before the world cup kicks off frankly speaking it hasn't affected construction on the site there were materials originally sourced from people came in countries however those are not the only sources of material in the world there
are plenty of other alternatives and we quickly diverted our sourcing to other places the world and other shipping routes things are back on track instantly so the factory. let's say will stadium maybe he will host the opening game and the final and when it's finished in around two years' time it will seat around eighty thousand spectators now with the tournament being moved to december it also means those fans will avoid the kind of summer heat that we're experiencing today as part of its winning bid council promised to take apart many of the stadiums set the end of the world cup and send sections to developing countries to help them grow the game of course that's only part of the legacy cattles leaders and well organizes a still hoping football can bring this region closer together football always has a has a way of bringing people together sport in general does look when it comes to the to the point of view of the state of qatar we haven't stopped anybody from entering
qatar we are the ones that have taken the decision to cut ties or to blockade anybody. all fans are welcome fans from the bloc even countries are welcome i really hope above everything else that people will walk away with a true sense of. unique. people. for them but they were so one the next global festival of football will make history in the arab world it also comes with its own unique set of political goals. show for this week but remember you can get in touch with us via twitter. or drop us an e-mail account in the cost of. the dress. page which has individual reports on the entire episode few to catch up on. that's
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o. o. this is al jazeera. hello and welcome i'm peter w. watching the news live from doha coming up in the next sixty minutes after a day of rapidly escalating tensions hamas says calm has been restored with israel . in syria government forces move closer to reclaiming complete control of the country's sucks. donald trump ups his threats and the growing trade war with china. and the corrupt he was president finds a new enemy in the country's catholic bishops.
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