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tv   [untitled]    October 23, 2021 1:30am-2:01am AST

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some drawn to the foot of the volcano. i am older exciting, regoza lou 1st boston. our group came. we stay here here until 4 o'clock in the morning. it's a different atmosphere in the capital. santa cruz, the beaches are still open. many here don't seem to care about the volcano. they just want to enjoy their holiday. alexander lurch al jazeera la palmer, they. ah. a look at the main stories now. and the united nations has suspended all flights to the capital of ethiopia, as ted gray region of the, one of its 8 planes was forced to abort a landing by a government as strikes. now the un has previously accused the government of an effective blockade on the region. preventing aid from getting in. unicef says the
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number of children going hungry. a surged with more than 80, and a half 1000 admitted to hospital was severe malnutrition between february and august. that's more than double compared to the whole of last year. a un humanitarian light that departed addis ababa this morning was burst, was to turn back in the midst of it by the asked rights began in the county. i can confirm that the government was informed of that site where it took up at the course or also group and that the site was forced to turn back in mid air because it be about some of the while were still ascertaining all of the facts in relation to this events are obviously banned about what has taken place to day and what it means. monitoring operations in northern moving forward. european union says it's very worried about the growing number of refugees and migrants crossing from bella . ruth, it's accused the country's government of what it called, state sponsored smuggling. the issue has been dominating discussion on the
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final day of the european lead us summit. elite is accused president alexander lucas shank, of running a human trafficking ring. well, another day has brought new records in russia's worsening corona, virus outbreak over a 1000 new deaths and more than 37000 new infections reported on friday for caesar, imposing more restrictions in the coming weeks, including a paid week off work and most shops and entertainment values are closing in moscow, only around a 3rd of russians are fully inoculated. and the actor, alec baldwin says there are no words to convey his shock and sadness of the shot and killed a member of a film crew with a gun. cinematographer helene hutchins was airlifted to hospital but died after the accident on a film set in new mexico. elisa bolden voluntarily submitted to questioning those of the top stories this hour. do stay with al jazeera counting. the cost is coming up next. in the vietnam war,
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the u. s. army used to heidi tops to cut the side with catastrophic consequences. agent orange was the most destructive instance chemical warfare. a decade later, the same happened in the us state of oregon. these helicopters flying over the ridge, bringing something they didn't even see the case. the 2 women are still fighting for justice against some of the most powerful forces in the world. the people this is agent orange coming soon on al jazeera. i hello, i'm come all santa maria. this is counting the calls your weekly look at the world of business and economics on al jazeera as week banking, billions from poor countries. a g 20 debt deal for low income nations to cope with the pandemic is where you fail to live up to expectations. and not only are rich
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countries benefiting private investors, refusing to take pause and a caching in also this week, a setback for the fight against forced and child labor. it's on the rise, and it's west and consumers and brands to blame as factories and the manufacturing hubs. try to keep up with demands and we'll take you to columbia notorious as the world's largest supplier of cocaine. and now we're designed to become the biggest exporter of medical marijuana. ah, you know, this pandemic was always going to hit poorer countries hotter. i think we can safely say that, and we're not just talking about infections and debts. it's everything else. it's businesses. closing its economy, slowing, it's recoveries stoled. and so last year, the g 20 launched an initiative to suspend debt repayments. just give a little breathing room. but according to debt campaign, as we've crunched the i m f and world bank data, the program has fallen well short of expectations. so let's do some number
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crunching of our own starting with the $46.00 low income countries, which applied to the scheme but still ended up paying out $36400000000.00. only $10300000000.00 in debt payments were actually suspended. so with the real debt relief, especially when the g 20 group of rich countries had promised the same, would lead to more than 20000000000 and savings. now interestingly, china, which has often been criticized for an unwillingness to offer debt relief, actually suspended the most. deb, this is according to the jubilee debt campaign. in the world bank warner. this month, the pandemic had increased the debt burden of low income countries by 12 percent. it's up at $860000000000.00 in 2020. it seems one of the biggest problems with our g. 20 plan was that private investors weren't compelled to take part. in fact, they took in $14900000000.00 themselves during the pandemic. it's
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a little bit familiar, isn't it? let's give you a specific example. now chad, the countries president was killed by rebels in april and has seen many as a conflict across its porous borders. now by the i m, f and world bank called out private investors and warned a and this is a quote, a crisis could further impoverish and already poor country, worse in healthcare and in danger, regional peace and security and quote. in this case, the private investor group is led by the anglo swiss commodities try to glen call together. they are owed more than a $1000000000.00, which is a 3rd of chads public external debt under an oil for cash deal. now for its part glencoe in letter to the i'm f obtained by this network says it has restructured loans collectively with other creditors in 2015. and again, quote, as a significant and stand alone gesture of good will in 2018 glen call goes on to say it was engaging with chad in a constructive and good faith manner. following
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a request for talks from the country. when i mentioned the jubilee debt campaign earlier, and tim jones is the head of policy days with us and scott from london to talk through more of as tim, thanks for your time. i just want to deal specifically with chad festival. a few quick questions on that. why is glank or dragging its feet on this particular issue and outrages they are tracking that the urgently need to cancel the deaths. they are a private company and they appear to be seeking to make as much money as they can rosalyn care about the interest of the people of chat. is there anything that chad and or the g 20 can do to actually get these private investors to ease the dead? chad could just refuse to pay and put the pressure on blanco that way. the g 20 could politically finance the support chad to the side and the g 20 m u k. in us. ready could change the law to make it easier with the 4th going cor,
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restructure that, that, that, that the right to you k that's going call. ready into the lender and a, a governing like just legal system for most international death. a part of the g. 20 ski. and how did just as background for us chad get indebted to grand core in the 1st place. and i should point to other countries as well, this whole idea of the oil for cash games. yeah. and loans in 20132014. ready from going call, which were effectively provide the money upfront in return for tad, giving money out to the folio wrapping used to going call. and then when the price of oil fell that and then that nice money that chances from the oil was going to call when it needed that money finance. it's under a budget so that going call like this money. we don't know where it went and the
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child has never been able to meet the payments on that. it's already been restructured twice the last time in 2018 we said it was thought a little. ready is just meeting payments into the future and that we would end up in this situation again where there would be a need for another change in the time that that needs to properly properly the chief council down. so properly sustainable level. ok. so let's talk more widely about this whole g 20 debt relief game. this is incredibly cynical of me to us, but i think it's fair enough to us. and you were all surprised that this didn't pan out has advertised that the idea of the g 20 sweeping in the thing. right? we're going to cancel that. we're going to make this easier and it didn't happen. what do you know? i am surprised. the g 20 scheme has less lead to less than the quarter payments being suspended. i know that the structured when the g 20 started and april
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2020, it was almost surprised that they did it, that they acted so quickly that the staff of the panoramic and so we did have great hope that it will do what it said. it would be which was to spend all the payments . ready to other government, to private lender and the other government that has possibly largely happened but know that payments have been suspended. the private creditors. the g 20 have less than off the hook which is but not the whole in the game. like, and bailey and dollars is still being paid during a time of crisis and has made money for those private lenders. they've effectively being bailed out because the suspension of payment. ready to the government does allow private creditors to keep being paid. and an outrageous failure that you 20, that they haven't left up to what they said they would be in a full 2020. did the i m. s. special drawing right. not help. i actually,
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it's been very so you know that that by our essentially money they don't hard currency, but it is supplementary money for the foot for, for a member state 650000000000 worth of those. did that not make a difference? yeah, well, that was much more recently. right. and the issue and has helped me since august 2021, which is a long way into the pandemic, almost 18 months. and so that is money that countries do you now have to fund one of the problem. ready is that the cost of the lack of action on that a lot of that money will just end up being spent on paying off private creditors. and so it will end up being just another team to buy a private lenders and pay high interest rate to then rather than be spent in countries on expanding health coverage. ready in economies and helping the recovery and when a special drawing right, dependent on on austerity and,
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and debt restructuring anyway. yeah. so well, this is a big problem. now that we have the i a mass a. ready large is having countries that they have to implement, austerity and across the board. we're seeing big cuts in public spending coming in the next few years. just need public spending more than ever to tackle the climate emergency to meet the sustainable development goals and to recover from the pandemic and a debt restructuring cancellation. it's one of the ways that we can stop 30 countries had that council that would free up the money that they'd be able to expand public funding now. when cut back just a quick word on the thing is you out there in london. there was a situation i believe, where the u. k. talked about issuing this type of these type of assets, these special drawing rights to low income countries, which sounds good. but hasn't. you also talked about counting aid in other areas to
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a lot of countries. i mean, is that just, you know, from re balancing the books and yet the u. k has cut and spending and all, but the bio met 3rd, se, fast and the panoramic began. and it's going to cut it even further 3 massaging the figures over the next year. one of the ways that is that dan is finally qualifying for all that cancellation on that. so that goes back decade. the most of that that to the western countries is actually made up. it comes from charging interest rates of over 10 percent. so the last 5 years, when they cancel out, they claim that that is somehow a money. and then they can claim that meet that target aid of the k is just and now it's planning to do that next year, which we'll talk another $800000000.00 budget next year on top of
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67000000000 already become tim jones, talking deck with us this week on counting the cost, we appreciate your time. thank you. thank you. the, another feature i can say that the pandemic was the government. so low programs which allowed people basically to keep their jobs. and what many people in western economies have been lucky enough to do that, and now even give up, work for greener pastures. the same can't be said for many trapped unemployment in developing countries. just as the pandemic exposed cracks in health care services, it also exposed concerns in the global supply chain. a many manufacturing hubs have come in for greater scrutiny over forced labor, child labor, and humanitarian crises from should jang and china to trigger i in ethiopia. here the numbers, more than $40000000.00 people are victims of forced labor across the world traps and jobs which they were coerced or deceived into. now this is interesting,
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a total of a $152000000.00 children. 64000000 girls and 88000000 boys are in child labor, globally accounting for almost one and 10 of all children worldwide. and according to the international labor organization, the economic crisis caused by the pandemic is expected to contribute to global unemployment of more than $200000000.00 people next year. with women and youth workers, the worst hit, 5 years of progress towards the eradication of working poverty has been undone because of this pandemic. and in our case study from india, school closures have forced yet more children into work. this report is from elizabeth per annum in photos about in protest state. these other youngest journalists of the city officials, they're working on the next edition of the unique magazine ball vonny. but shockey vas are the voice of children as a magazine by and for young people about child labor. and they've right. somebody
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make the man. the stories that we write for the magazine are all related to children and inform readers about the reality of our town. when we share the stories with government officials, it helps them understand the difficulties that children face the dia, 14 year old. how many has been contributing to the magazine for 2 years? she lives in an impoverished aerial photos about where entire families are employed and the glass bangles industry. she convinced one neighbor to stop her 3 daughters aged between line and 12, from working, and send them to school instead. whatever. we have 5 children and no one to help us. so when we were in financial difficulty, we asked the children to work. a lot of children here work and at home our children started helping us. like when we were going through a rough patch. the baby sent her children back to school when her husband recovered from an illness and could work again. but not every one would do the same
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. fiddles about glass bangles industry as 200 years old and the factories and known for the poor working conditions. generations of families have been employed in the trade, although many work from home when we've also these narrow lanes of fiddles above, we can see many children making bangles rights group say school closures because of corona virus, and then an outbreak of then gay fever may more children afford to work because they don't have access to online learning in this home, children as young as 6 sit in front of small planes using the heat to join the broken glass bangles. they do this for up to 8 hours a day. child labor is illegal in india, whites groups. 8th. difficult to stop those working at home. yeah, i live, but 10000000 in 2011. i'm doubling it only. i'm primarily because with as brett. so
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i think what we can say go no virus as being impacting the weitel, but it media that he shows that the always hack have amplified to what extent, which is actually quite scary. ah, the release of this, yes, voice of children magazine has been delayed due to lock downs. but how many and her team and now pushing the final touches on the issue, knowing they work has never been more important. ok, let's talk more about this with sophia. natalia, who's the edge of human rights analyst with the risk consultancy group. verisk maple croft. sophie is with us on skype from singapore today. so if you're, thanks for your time, how badly has this pandemic pushed back any progress that has been made? well, thanks very much. for having me, well i'm actually we publish a human rights outlook looking at t trends. she key human rights risks impacting businesses the day. so we measure 12
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labor raise issues across $198.00 countries around the world. and what we found in the past 5 years is that labor rights has been on the decline. so we're thinking of issues, you know, very president rights issues such as force, labor and child labor. that's been quite a if you can decline that. but as well, you know, to a less extent of the human rights issues such as, you know, occupational health and safety. clearly a britain, an issue in time of depend, i make as well as decent work. i did decent wages, isn't working hours and the like you know and depend on me has said to me, access to this issue, which is really why it's a critical moment for companies to be looking at their supply chain issues and where they're most put in labor rights risk life and is it just as important because you can focus on the businesses and their exploitative practices, but is it just as important for us as a consumer to know where things are coming from and,
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and then make our own decisions based on that. yeah, absolutely. you know, i think the concept of sustainability it's, it's normally just a concept, it's not just a place where i, that's going around. i think a lot of consumers now are wanting companies to put them anyway. their mouth is to really want to talk in terms of responsible sourcing and ethical procurement. and so we were seeing this, not just with consumers, but you know, invest in shareholders are more and more looking at the social aspects and the social performance of what companies are doing. anything is consuming, you know, the, clearly there's a lot of room there for companies to be making decisions based on consumers in mine . i think a lot of brand loyalty is dependent on whether companies are able to, you know, secure ethics, ethically, procure it labor. so yeah, it's definitely there's a lot of scope there in terms of consumer choices. so let's talk about some specific countries and there's actually just some pictures i want to show 2 of us.
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first of all, on malaysia, which interestingly the united states is decided to band the importance of surgical gloves, which is in and such an important thing that he's lost 18 months because of issues over over force labor in the manufacturer of those. now that's just one example. i was reading out with your research as well, me and mar, cambodia, vietnam. they consider extreme risk. now what's put them on extreme risk? you know, we are, our report really looks at the decline in very key sourcing locations across asia. you've mentioned a few of them there. you know, in these 4 countries that you've mentioned, you can mark bangladesh. genomics in cambodia. they're very c sourcing locations, especially for the government industry. and what we found is, you know, the reasons behind the key drivers behind this downgrade in scores is a really the intensification of on the ground violations and the poorest standards
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of enforcement of labor standards. so when we're assessing these risks, essentially we're measuring whining, slavery by we offer a slavery index. so this is where the extreme risk categorization comes in. and essentially, you know, when we're looking at these 4 countries, there are a lot of examples put it into the government sector that shows is declining, right? if with dependent make factory closures and so on. you know, workers are facing in unstable hours, you know, insecure payment of wages. in some instances, they're not even being paid at all. so for these reasons, you know, they're driving their downgrade in scores from what is slavery in these countries? couple of other places. can you tell me about 1st of ocean jang in china, which we hear about a lot human rights abuses? well documented there. how much of a concern is that becoming for no manufacturing in business? yeah, it's absolutely no, essentially it's an issue that is not going away. clearly. international scrutiny.
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you know, boy, in the sense of emerging legislation, your sanctions targeting specific commodities, whether it's cost in our agricultural products or since young or, you know, in terms of increasing scrutiny, my investors expectations of companies to enhances social performance. you know, all that leads to very difficult situation for companies that are currently either based in, since young or have operations or supply chain links in saint john when they're thinking of either moving operations to elsewhere in the region or completely divesting from china. you know what, what is key is that companies has to assess the other risks that do exist in asian sourcing location. forced labor is due, exists with saint john. but as our report shows, no elaborate issues across asia is still operating an issue. when he comes to child
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labor, either serious violations and so supply chains. you mentioned that there, this is last thing i wanted to ask you about. we have heard a lot about supply chains recently more in a sort of 1st world problems. way. i'm more interested in how the pandemic has affected a company or a brands ability to track a supply chain and to keep an eye on these very serious issues which we've been talking about. yeah, i think in a nutshell, you need pandemic, has sidney affected negatively affected how companies are able to check in to their supply chains. me for very obvious reasons, right? i mean, when we look at the disruption across the board, whether it's, you know, and not being able to travel on site to conduct on the ground or dates, or even to reach out and have a direct connection or direct line to workers. you know, all these things have been hampered by the enemy. you know, one thing that companies can do is have local stakeholders perform that function. but in the absence of that,
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it's really important for companies to be able to have access to credible id that they allows them to look at their supply chain risks. daily brace issues without actually having to be present on the ground for being a valued from birth. michael coff joining us on counting the calls. thank you so much. great, thanks so much. finally, to columbia, which is well known as the world's largest supplier of cocaine. and now it's got another drug and it sites marijuana president even decay has for the 1st time allowed international export of the marijuana flower and legal experts believe columbia could become the leading export of medical cannabis in the world. and that in turn, could offer more opportunities for colombian businesses. as alessandra romp yeti found out in the town of pesca, a sea of medical, great mighty wine, and grows at this farm in central columbia. 800 actors of plans equivalent to 25 football pitches. that clever leaves, a colombian company with us, investors grows with the highest quality standards. we calculate here every step of
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the pros, his years district i gene protocols each player to strace with the q r code. but i think it's patricia, it's a great, an example says the company's president of how columbus changing its attitudes towards drugs after decades of fighting against the legal drug trade, columbia, you know, had a brand within the very want to quality legal marijuana industry. and one of the things we, as a company, we're committed to, was to change that image from colombia to something positive into something that brought science, that brought benefits to patients that benefits the people work around the candidates benefits that could also bring huge profits. growing marijuana here is 4 times cheaper than in canada. there were the u. s. columbia could capture one 5th of the global market. $8000000000.00 a year, more than the countries exports of flowers in coffee combined. of course, we know we have tropical glo growing conditions. that means we have everything that
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greenhouse us elsewhere are trying to emulate. we have them here for free 12 hours of light, 2 hours of darkness every day, year round lucel configured me. now it's, it's no surprise the president even duke came here to announce the country will begin exporting dr. cannabis flowers. just a few years ago, would have been impossible to imagine being in a legal mariana field in columbia. and now everybody's trying to get a piece of the action. governments have been promoting this business as a great opportunity for post conflict columbia, that many fear big players will squeeze out. local growers that are not backed by big cash timers in remote areas that have long made the living growing marijuana illegally say the high cost of getting into the legal market and the security issues have let them out of the current bonanza. there's the collateral as you in the money one. amazing. since the beginning, the regulation of medical marijuana was
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a big company model. it was big format and export based on their strong barriers exclusions for small growers, despite them being the ones to pave the way for the business years ago. and now companies with great lobbying power or taking advantage of that other smaller companies say staying afloat stuff as the focus on the few beauty and health products. so foreign loud nationally approach on the cost of producing and maintaining medical cannabis is extremely high for small companies. that can't depend on a national market, if columbia would also bad on developing a dynamic, internal industry and families that have invested their savings and this might have a chance to columbia goes up. there is irony in the fact that a country so often associated with drug trafficking could become a power house of exporting drugs. legally, the risk though, is that this new boom will remain in few powerful hands. allison that i get the jersey fisco and that is our show for this week, but i want to know what you think, what you want to see on the shows while you can to me who d. and may i come all
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a j e to use the hashtag adjacency as well, or you can email as well. counting the cost about 0 dot net is our email address. and as plenty more few online as well as al jazeera dot com slash ctc, that takes you straight to our page. all our past episodes are up there for you to watch whenever you'd like. that that is it for this edition of counting the cost on come all santa maria from the whole team. and so joining us, the news on al jazeera is next global food production is wasteful and straining our planet. but pioneers are adapting with new food sources. jelly fish is delicious with a very light sea food taste and texture seminar tele married and innovative production techniques. i've seen a vertical farm before, but never in a restaurant half to say this is great. earth rise feeding the billions on her
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jessina. ah algeria great with no new ass strikes by if you have his military force the u. n. to suspend a flight to t gray region, raising phase of a worsening monitoring crisis. ah, on the wrong call, it's out there alive from de also coming up. israel label 6 and prominent palestinian rights groups as.

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