TRTWORLD — Business News
20261012 103000 UTC
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[00:00:05] a
[00:00:06] of
[00:00:13] Oil prices rise to two week
[00:00:15] a highs
[00:00:15] is renew tensions in the Middle East heighten concerns over regional
[00:00:18] security. China extends its massive gold buying
[00:00:22] spree as it dumps US treasuries and AI
[00:00:26] experts worn of human extinction by 2100 as retail
[00:00:30] algorithms quietly inflate daily grocery bills. hello,
[00:00:33] i'm with your business news here on TRT
[00:00:36] World.
[00:00:44] of
[00:00:48] oil prices reversed initial losses on Monday despite optimism over
[00:00:52] additional Russian diesel supplies, but renewed attacks in the
[00:00:56] Middle East continue to threaten energy supplies and keep investors.
[00:01:00] International benchmark brend
[00:01:02] of rose towards $106 a barrel, its highest in more than two
[00:01:06] weeks. US president Donald Trump said his administration had reached an
[00:01:10] agreement for Russia to provide hundreds of
[00:01:12] of thousands of tons of diesel fuel. He also claimed Russia and Ukraine had
[00:01:16] agreed to immediate ceasefire attacks against energy
[00:01:20] infrastructure. On Sunday, Saudi Arabia's main airport was
[00:01:23] targeted again while another tanker was attacked in the straight of
[00:01:26] Furmus, although crude exports from the Persian. golf
[00:01:30] continued to flow at rates close
[00:01:32] of to pre-war levels. That also weighed on stock markets
[00:01:36] across Asia with South Korea's cost beat plunging more than 3 and a half
[00:01:39] percent. Meanwhile, the US dollar held near a strongest level
[00:01:43] in a year and a half as escalating Middle East conflict kept
[00:01:47] investors worry ahead of key U.S. inflation data later this
[00:01:51] week that will influence monetary policy. Francesco
[00:01:55] Sassi is a professor of energy politics at the University of
[00:01:58] of Oslo. He says Russian diesel could provide some relief to global
[00:02:02] markets, but much of that will depend on whether Moscow can
[00:02:05] export it without further
[00:02:07] restrictions. let me say
[00:02:10] that
[00:02:11] of Russia anticipated deticting
[00:02:13] of the embargo on the fuel export because
[00:02:17] of the agreement with US, so I
[00:02:21] think, and it's logible to expect that Russia demanded
[00:02:25] a guarantees and safely guarantees from the
[00:02:28] of US in order to be able to for this pisal fuel
[00:02:32] not just to the US, but to
[00:02:34] the global markets, this is why Donald Trump has
[00:02:38] asserted, and at the same time you have seeing
[00:02:42] sanctions on
[00:02:43] of Russian refined products import
[00:02:46] of until next April, so we are speaking about
[00:02:50] six month window that could really
[00:02:53] shift
[00:02:54] a the relations between ws and Russia a mid the war in
[00:02:58] Ukraine and the very
[00:03:01] lightly possibility that will continue to stripe
[00:03:05] against r
[00:03:06] of energy infrastructure because the
[00:03:08] sensitivity for the
[00:03:12] russian
[00:03:14] war chest during the but also
[00:03:17] because
[00:03:19] of oil prices are will continue to stay very high
[00:03:22] because
[00:03:24] of war around the straight of am between the us and
[00:03:27] iran and there is... for uc
[00:03:31] of to continue these strikes also because Russia has not
[00:03:35] stop striking against the Ukrainian energy
[00:03:39] infrastructure. China is
[00:03:43] doubling down on gold, extending its buying streak to the
[00:03:46] longest since at least 2015, and
[00:03:49] a recent slump in prices could be giving Beijing a chance to buy
[00:03:52] even more. The people's bank of China added around 23
[00:03:56] tons of gold in September, its biggest monthly purchase. in nearly
[00:04:00] three years and demand is booming beyond the central bank.
[00:04:04] gold imports topped 1,00 tons in the first eight months
[00:04:08] of the year, hitting
[00:04:09] a record 158.8
[00:04:12] of billion dollars in value, and the recent price drop may be offering
[00:04:16] buyers an attractive entry point. gold fell more than
[00:04:19] 8% last month after soaring to record highs above
[00:04:22] $5,500 in january. the freezing of
[00:04:26] Russia's central bank assets after its war in Ukraine under... the
[00:04:30] risks of holding reserves overseas. Against that backdrop,
[00:04:34] Beijing has been cutting its
[00:04:35] of US treasury holdings, which fell to an 18-year low of
[00:04:39] of 618 billion dollars in
[00:04:41] of July as it diversifies its reserves. Ordinary Chinese are
[00:04:45] buying too. The prolonged property slump has weakened what was
[00:04:49] once key source of household wealth. It's also left families
[00:04:53] with fewer attractive places to invest their savings, with options
[00:04:57] limited in economic uncertainty lingering. many are
[00:05:00] turning to gold. Mark Osord is chief economist and global
[00:05:04] strategist at ADM investor services. he says central
[00:05:08] banks across Asia are looking beyond the US dollar to
[00:05:11] diversify their reserves with currencies like the euro and the
[00:05:15] yen among the alternatives, but with neither offering reliable
[00:05:18] store value, gold is increasingly emerging as the
[00:05:22] asset of choice. it's basically down
[00:05:26] to China's volume of trade, there's much less which
[00:05:30] is being done in dollars, so the uh rational for
[00:05:34] China actually holding the sort of volumes of treasuries that it
[00:05:38] used to uh is simply not there anymore, um
[00:05:41] divers iification as we've you basically central
[00:05:45] banks in in emerging markets above all in Asia have
[00:05:49] uh been looking for diversification but keep on looking at
[00:05:53] things like the yen, the euro and finding the just not the
[00:05:57] same sort of store of value that gold is
[00:06:00] and so it's it's an actual
[00:06:03] shift in the portfolio structure um
[00:06:07] though it is also reflects a changing global trade
[00:06:11] remember now that 50% of China's trade is actually
[00:06:15] denominated in Chinese Yuan rather than in
[00:06:18] dollars. Right, and with the precious metal falling
[00:06:21] 8% last month, is Beijing just smartly buying the dip here
[00:06:25] or is this price collapse a warning sign that the global gold
[00:06:29] rally is indeed losing
[00:06:31] steam?
[00:06:34] Um, gold, gold is caught between two forces,
[00:06:38] one, you've got diversification, on the other hand, rising
[00:06:42] you. interest rates, particularly with US 5 and
[00:06:46] 10 year yields above 5% and gold not giving
[00:06:50] giving offering any interest makes it less of less
[00:06:54] attractive in terms of opportunity costs,
[00:06:57] so um the other side of
[00:07:01] that is obviously what China does typically with any
[00:07:05] commodities, it doesn't matter whether agricultural, precious metals,
[00:07:08] industrial metals, energy, you it's always looking
[00:07:13] uh any setbacks to increase its stocks
[00:07:16] and tends to pull back when prices are
[00:07:19] high, that's a very standard practice which we've observed for 30
[00:07:23] years. right, and it's not just banks,
[00:07:26] everyday Chinese consumers are also pouring their money into gold because the
[00:07:30] property market just isn't offering any returns. does this
[00:07:34] massive shift signal a loss of faith in China's real
[00:07:38] estate sector? oh, I think the...
[00:07:42] loss of faith in China's real estate sector is very real, we've had
[00:07:46] property investment overall uh falling
[00:07:49] between 12 and 20% every year for three
[00:07:52] years, um, there there is no belief in the property
[00:07:56] sector amongst the consuming consumers, and there
[00:08:00] are not enough measures being taken um,
[00:08:04] because it would be a loss of faith to rectify this, because that
[00:08:08] the you know the burden of debt that's there in the...
[00:08:12] property sector due to this slump is absolutely enormous,
[00:08:16] it requires something along the lines the resolution
[00:08:20] trust corp that happened in the US in the late late 80s and early
[00:08:24] 90s to try and resolve this, but that would be also an
[00:08:27] admission by the authorities in China that basically driving
[00:08:31] consumers into the property sector was to the
[00:08:35] extent that they did uh was not actually very
[00:08:38] clever, and how else can China as you said
[00:08:42] diversify its portfolio given its ongoing economic
[00:08:45] problems?
[00:08:49] um, there's not actually much more in
[00:08:53] the way of diversification other than looking at
[00:08:56] the growing um the the big
[00:09:00] emerging market uh economies such as Brazil,
[00:09:04] such as India, though there are obviously political
[00:09:07] tensions there with India, but looking at those as an
[00:09:11] alternative, but in terms of scale uh
[00:09:14] relative to dollars and gold, they
[00:09:18] they really only make up a small amount, but it's going to be in
[00:09:22] China's interest to actually hold some these simply
[00:09:26] because of trade related needs for foreign exchange
[00:09:29] reserves. Let's take a quick look at
[00:09:33] some other stories around the world. Global wheat prices fell for
[00:09:37] fourth straight day after Donald Trump said Russia and Ukraine had
[00:09:40] agreed to immediate. ceasefire, the move raised hopes that
[00:09:44] black sea shipping disruptions could ease, helping grain supplies
[00:09:48] flow more freely. Ukrainian president Vladimir Zelensky says keef
[00:09:52] supports the truce, but traders are still waiting for confirmation
[00:09:56] from Moscow. China has sanctioned
[00:10:00] senior ministers from Paraguay and Billise over their country's
[00:10:04] ties with Taiwan. The measures freeze any assets they hold in
[00:10:08] China and block Chinese firms and individuals from doing business
[00:10:12] with them. Beijing says the move is aimed at defending its
[00:10:15] sovereignty and opposing support for
[00:10:17] Taiwan. The IMF says strong
[00:10:21] spending on AI infrastructure is helping keep global growth. growth at
[00:10:25] around 3%. Asian economies that supply chips and other
[00:10:29] technologies are seeing some the biggest gains, but the
[00:10:33] fund warns AI could also reshape around 40%
[00:10:37] of jobs over time. it says governments will need to manage this
[00:10:40] shift carefully so the benefits of AI are shared more
[00:10:44] widely. meanwhile, new report
[00:10:48] warns that the misuse of AI could threaten human survival by the
[00:10:52] year 20100. the technology is already changing how
[00:10:55] businesses set prices with supermarkets and fast food chains,
[00:10:59] using data and algorithms to adjust costs and target
[00:11:03] consumers. the shift is raising concerns about fairness
[00:11:07] and how inflation is measured. the lance commission has
[00:11:10] identified 17 catastrophic global threads over the
[00:11:14] next 75 years. the malicious use of AI, including
[00:11:17] biooapons and nuclear conflict top the list as the
[00:11:21] only risks capable of causing outright human extinct.
[00:11:25] meanwhile, food businesses are rapidly digitizing.
[00:11:29] McDonald's is facing a US anti-trust lawsuit over an alleged
[00:11:33] AI powered pricing engine, while supermarkets like Kroger,
[00:11:36] Walmart and Tesco are rolling out electronic shelf
[00:11:40] labels and inventory abs that allow for rapid real-time
[00:11:44] price changes. The line between market driven dynamic pricing and
[00:11:48] personalized pricing is vanishing. Retailers can now
[00:11:51] leverage AI to track transaction histories brows. behavior
[00:11:55] and even facial recognition to estimate the maximum price an
[00:11:59] individual consumer is willing to pay. bank of England
[00:12:03] economists warn that individualized pricing splinters the consumer
[00:12:07] experience. if households are charged varying prices
[00:12:11] for the same goods based on their data, aggregate measures like the
[00:12:15] consumer price index become strained, making true inflation
[00:12:19] nearly impossible to track. earlier I spoke with
[00:12:22] IT commentator Arthur Goldstuck, argues that AI
[00:12:26] poses immediate risks for consumers and that existential
[00:12:30] threats are based on worst case scenarios rather than realistic
[00:12:34] predictions. the
[00:12:37] alarmist headlines are distracting attention from current
[00:12:41] issues, and what we have to bear in mind there is that the
[00:12:44] launch report identified 17
[00:12:48] areas or major threats to human health
[00:12:52] over the rest the century.
[00:12:55] and the most severe
[00:12:58] extinction events that identified were nuclear
[00:13:02] power and AI, so the headlines are all around
[00:13:05] AI, nuclear power and equating the impact of AI
[00:13:09] with nuclear power, but what is made very clear in the
[00:13:13] report is if you read between the lines and if you read the fine print
[00:13:17] of course, which headline writers, don't you, is the
[00:13:20] fact that this is based on the worst case
[00:13:24] scenario? "nothing is done about it, and the very fact that
[00:13:28] economists are warning about AI pricing now, and we are
[00:13:31] already seeing action being taken and potential
[00:13:35] anti-trust action or regulatory action or
[00:13:38] fines being levied for personalized AI pricing
[00:13:42] tells us that lot these issues are being addressed right
[00:13:46] now, there is attempt by some
[00:13:50] administrations like the United States to keep their hands
[00:13:53] off regular. AI in order not to
[00:13:57] hold it back, but at the same time there's an equal
[00:14:01] thrust towards punishing companies that allow
[00:14:04] AI to go rogue for example, or that
[00:14:07] violate personal privacy or the
[00:14:11] rights of consumers, and the AI pricing issue
[00:14:15] is a very clear violation of consumer rights,
[00:14:19] so I imagine this will be addressed, but the other element that we must be
[00:14:23] in mind with regard to the... launset extinction
[00:14:27] warning is that it requires a massive
[00:14:30] amount of coordination between different sectors
[00:14:34] and across different infrastructure to make those doomsday
[00:14:38] scenarios possible and i believe
[00:14:41] that much will be done in the meantime
[00:14:44] whereas we're not really focusing on current problems
[00:14:48] causing major health issues like pollution which the world health
[00:14:52] organization says is responsible for seven million deaths a
[00:14:56] year, that's really severe consequence, and it's not getting the airlines
[00:15:00] to shoot because the Doomsday scenarios. The Bank of England
[00:15:03] says personalized pricing could break our ability to
[00:15:07] measure consumer uh prices, if everyday
[00:15:10] household uh goods
[00:15:13] are um effectively has its own inflation
[00:15:17] rate, how can central banks possibly set effective a
[00:15:21] monetary policy? I guess the central banks will use...
[00:15:25] AI to help them come up with new frameworks for
[00:15:29] measuring inflation, but the more serious problem
[00:15:33] is how consumers can budget their own household expenses, if
[00:15:36] they don't what the price is going to be between
[00:15:40] deciding what they need and getting to the supermarket or even going
[00:15:43] online and seeing that price changing in real time,
[00:15:47] it becomes exceptionally difficult to manage finances, and for that reason I
[00:15:51] believe that there will be clamp down on AI based
[00:15:55] personalized pricing. Halal may be
[00:15:59] best known for food, but its business reach extends far beyond
[00:16:02] it from tourism to banking and technology. In the UK, the
[00:16:06] London Halal forum is exploring how companies can tap into
[00:16:10] halal markets and attract investment. TRT was to
[00:16:14] to spoke with Islamic Chamber of Commerce and
[00:16:17] Development Secretary General Yusuf Khawi on the sidelines
[00:16:21] the event. This is the second
[00:16:25] edition of London Halal Forum and you are doing this
[00:16:29] less than year. What's the demand for this
[00:16:32] event? Thank you for hosting me
[00:16:34] really. We started. than year
[00:16:38] ago and our plan was to start in London
[00:16:42] in 28, so we
[00:16:45] started three years earlier and this is basically
[00:16:49] because the huge demand which
[00:16:53] is coming for us through our reception
[00:16:57] series, so we started three years ago by
[00:17:01] hosting halal receptions across the world where we
[00:17:04] connect with the business people with talk to them
[00:17:08] about the demand of halal, the huge
[00:17:11] opportunities existing, so when I looked at the numbers back
[00:17:15] in 2023, the global halal market
[00:17:18] was more than two trillion dollars and it's expected
[00:17:22] to be over 3 billion dollars in 2028, what's
[00:17:26] driving the demand and what is halal
[00:17:29] business? okay, the demand is
[00:17:33] basically muslims around the world are look.
[00:17:38] for their needs and that started long
[00:17:41] time ago only by the halal food, then it has
[00:17:45] been developed, so now we have, as we have seen in one the
[00:17:49] videos, 25 million muslims in
[00:17:52] Europe, they want to connect with their
[00:17:56] roots for their children, so
[00:18:00] they want to
[00:18:00] go to Muslim countries, they
[00:18:04] want to do Muslim friendly.
[00:18:07] vacations, having the food, having a right
[00:18:11] place for their families, etc. by the way,
[00:18:15] the numbers, that numbers doesn't include the Islamic
[00:18:19] finance, so when you combine that trillions with the
[00:18:22] trillions the Islamic finance, you will have huge
[00:18:26] numbers, basically we are already a trillion dollars
[00:18:30] economy and no one will be happy to
[00:18:34] neglect that that huge,
[00:18:38] economy and some other stories
[00:18:41] were following: Elon Musk says Starlink will be priced
[00:18:45] affordably in India as it prepares to compete with Billionaire
[00:18:49] Mukashambani's low-cost reliance Jio. His
[00:18:52] comments come just days before Jio's parent company launches
[00:18:56] India's largest ever IPO, targeting valuation of
[00:19:00] 106 billion dollars. Musk has accused the Indian
[00:19:03] government of delaying Starling's entry to favor Reliance.
[00:19:07] claim New Delhi denies. The
[00:19:11] European Union plans to cap hybrid car imports of
[00:19:14] 35000 vehicles year from December as it
[00:19:18] tries to protect local manufacturers. The limit will apply to
[00:19:22] all hybrid models, not only those from China to stay within
[00:19:26] world trade organization rules. The deal also includes China
[00:19:30] cutting some tariffs on autocarts and easing duties
[00:19:34] on certain products. Now two
[00:19:38] American professors have been announced as the joint winners of this year's
[00:19:42] Nobel Prize economics. Michael Woodford of
[00:19:45] Columbia University and Robert E Hall of Stanford were
[00:19:49] both awarded the prize for their separate work on macroeconomics.
[00:19:53] Their research provides key insights into how economies absorb
[00:19:57] major shocks from energy price spikes to sudden shifts in
[00:20:01] consumer spending. The announcement comes as tensions in the Middle East put the
[00:20:05] global economy under fresh pressure.
[00:20:09] Palestinian farmers in the occupied west bank are vowing to defend their
[00:20:13] land from illegal Israeli settlers who stole half their
[00:20:17] harvest and some farming equipment on Sunday. The farmers
[00:20:20] in abrod tried to harvest their olives but only
[00:20:24] managed to fill 15 bags before being pushed back by
[00:20:28] Israeli forces who fired stun grenades. Muhammad Alwan has the
[00:20:32] story. It's their
[00:20:35] land, their farms. their olives, yet the
[00:20:39] Palestinian farmers face a brutal battle every autumn
[00:20:43] to access them under the shadow of Israels and illegal
[00:20:47] occupation. Together, the residents of a brute village
[00:20:50] in the occupied west bank set out on Sunday to harvest their olive
[00:20:54] trees, keeping alive a tradition known as
[00:20:57] Alona where people help each other pick the
[00:21:01] crop. another reason for this unity is to protect their
[00:21:05] land from illegal Israeli settlers who have taken over large
[00:21:09] areas. Israel has declared the area a closed military zone
[00:21:13] preventing palestinians from accessing their own land for
[00:21:17] this land owner even trying to access his property
[00:21:21] could lead to arrest, he has chosen not to show his
[00:21:24] face feeling
[00:21:25] detention, we have come to harvest
[00:21:29] our own olives, these are our village trees inherited from our fathers
[00:21:33] and grandfathers, thank god our spirits are high because we are
[00:21:36] standing on our own land, we are not here to steal or harm
[00:21:40] anyone, they are the ones coming to us stealing our
[00:21:43] harvest, residents had been on their land for just an hour
[00:21:47] when illegal settlers attacked, minutes later. Israeli forces
[00:21:51] arrived, the head the village council could only watch as
[00:21:54] residents were forced to leave for their own
[00:21:57] safety. illegal sattlers ramped the village
[00:22:01] council's vehicle, forcing it off the road, attacked
[00:22:05] residents and try to run people over. they then trave
[00:22:08] stones at olive pickers from higher ground, while Israeli
[00:22:12] forces fired stunt grenades at the
[00:22:15] Palestinians. illegal settlers were seen cutting away
[00:22:19] the stolen. olive harvest and heading towards the top the
[00:22:22] mountain they had previously taken over. The
[00:22:26] Palestinians have been forced to leave, but they remained determined to
[00:22:30] return and harvest their olives. What happened here reflects a wider
[00:22:34] pattern across the occupied West bank where illegal settler violence
[00:22:38] continues escalate. Across the occupied West
[00:22:41] Bank, more than 10 attacks are reported daily with the legal
[00:22:45] settler stealing olive harvests in front their owners and
[00:22:49] using. equipment to speed up the process, according
[00:22:53] to the agricultural ministry, losses to palestinian's
[00:22:57] olive sector have exceeded $157 million
[00:23:01] dollars since 2023, with around
[00:23:04] 286, olive trees damaged in the
[00:23:08] west bank, the ministry fears these losses to rise
[00:23:11] as the harvest continues. mhammed alwan,
[00:23:15] trt world, ramallah, the occupied west
[00:23:18] bank. And Hollywood is entering
[00:23:22] new era of consolidation as Paramount Skydance completes its
[00:23:26] takeover of Wannaboro's Discovery. The deal brings together
[00:23:30] major film studios, television networks and two the
[00:23:33] industry's biggest streaming platforms, creating a new
[00:23:37] entertainment giant. But as Salin Tutar reports, billions of dollars
[00:23:41] in debt and major cost cutting targets could make the merger
[00:23:44] difficult one to pull off.
[00:23:48] Two Hollywood giants. now under one roof. Paramount
[00:23:52] skydance has completed its $110 billion dollar acquisition of
[00:23:55] Warnerbrow's discovery, bringing franchises including Harry
[00:23:59] Potter, Batman, Mission Impossible and Star Trek into One
[00:24:03] Entertainment Empire. The combined business, which will operate
[00:24:07] under the Skydance name, also brings together CBS,
[00:24:10] CNN, HBO Max and Paramount plus, giving it an
[00:24:14] extensive content library and more than 200 million
[00:24:17] subscribers. I mean, it's enormous, you just out... the kind of
[00:24:21] scale the two businesses that are combining two major hollywood studios,
[00:24:25] HBO, Paramount, Max. It's creating the second largest streaming
[00:24:28] portfolio. Streaming is central to the strategy. Skydance
[00:24:32] is betting that a deeper content library and a wider international
[00:24:36] reach will help it compete with industry leaders such as Netflix,
[00:24:39] Disney and Amazon. Streaming is what's really driving this merger,
[00:24:43] of course, the the library and the content to build these
[00:24:47] streaming platforms and HBO is... going to be
[00:24:51] huge driver in that, but the bigger the company,
[00:24:55] the bigger the pressure to cut costs. Skydance has promised more than
[00:24:59] $6 billion dollars in annual savings by eliminating overlapping
[00:25:02] operations and combining technology and other expenses. That
[00:25:06] has raised concern over job losses across Hollywood. So when I read about the
[00:25:10] merger, my first thought is, my goodness, I bet I know people are going to lose their jobs and that's
[00:25:14] heartbreaking. Skydance is also taking on tens of billions of dollars
[00:25:17] in debt to finance the deal. and it will need to keep investing in
[00:25:21] content, streaming and sports while looking for ways to bring costs
[00:25:25] down. Paramount is taking a huge amount of debt
[00:25:29] to get this deal done, 80 billion dollars and making an awful lot of
[00:25:33] promises, 30 movies a year, big giant streaming
[00:25:37] service, big sports properties,
[00:25:40] you have to do new NFL deal soon, that won't be cheap, so they are
[00:25:44] going to be looking for everywhere they can save few
[00:25:48] nickels, dimes, millions of... valvers: the opening
[00:25:51] credits have finally rolled on the biggest deal in media history, but the
[00:25:55] financial story is only beginning. for skydance,
[00:25:59] paying down the debt while keeping the hits coming could be it. own mission
[00:26:09] a business news for
[00:26:10] now,
[00:26:16] straight tog breaks down turkeys place in the
[00:26:19] world, triggering power shift that is
[00:26:23] transforming volatile
[00:26:24] region,
[00:26:29] straight talk understanding the challenges facing Turkia
[00:26:33] and how it's adapting to a changing
[00:26:35] world,
[00:26:40] straight talk on TRT
[00:26:42] World.
[00:30:09] Saudi Arabias considers serious response after Yemen's Hothi's targeted
[00:30:13] Ryatz airport again killing over dozen
[00:30:16] people. Hello and welcome to TRT World Live from
[00:30:19] Istanbul, I'm Jafar Hassan also coming up.
[00:30:23] Ukraine's president says Donald Trump's announcement of an energy truce with
[00:30:27] Russia comes as a surprise and that Russia has already
[00:30:31] violated it. Protesters in
[00:30:34] India remain defiant calling for the election commissioner to resign after
[00:30:38] millions of voters are deleted from electoral
[00:30:41] rolls and members the party led by
[00:30:45] jailed former prime minister Imran
[00:30:47] Khan or detained in Pakistan's northwest currently under a
[00:30:51] state of emergency.