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00:01:19atomun every Thursday only on
00:01:22Telesur. How
00:01:26do we relate to each other?
00:01:29For me, culture is a set of beliefs,
00:01:32customs, what we share daily everywhere.
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00:02:22sectors, also threaten Hello everyone, welcome, we are starting another week and another
00:02:26broadcast of economic impact through this signal, Telesur's. My
00:02:30name is Daniel Rosas, we are going to start as every day with the headlines of this
00:02:33broadcast.
00:02:42maintain traffic order at the use of robots to In our world today, the cost of living in Argentina continues to deepen.
00:02:48In our analysis section, we will do an
00:02:50workers in carrying out X-ray of the US economy on the eve of the midterm
00:02:54elections.
00:03:00And in our digital tour, a new cyberattack causes millions
00:03:03in losses in dozens of supermarkets in Belgium and
00:03:06Sweden after raising the temperature of the refrigerators, let's start,
00:03:23we start our world today in Argentina, as inflation in
00:03:27September closed again close to 2%. And
00:03:30new increases were registered in product prices in recent weeks. According to
00:03:34official data, prepaid medical companies raised
00:03:38the fees of their health plans by up to 2.88%,
00:03:41while private schools with state contributions reached up to
00:03:453% in November. In the transportation sector, the fares
00:03:49of the pre-metro and urban buses in the capital and the province of
00:03:52Buenos Aires increased by 3.9%. With respect
00:03:55to rental contracts,
00:03:57per gallon on national average. In this November, according to the index
00:04:00and the agreed periodicity, it is estimated that the quarterly increase will reach
00:04:045.81%, the quarterly
00:04:077.82%, and the semi-annual, listen,
00:04:1012.95%. Meanwhile, telephone, electricity,
00:04:14and gas rates also registered increases that affect most
00:04:17Argentines. Given this scenario, experts do not rule out that inflation
00:04:21our roots are not in continues to increase after the new rate hike in basic
00:04:24public services in October was above the inflationary rate of
00:04:281.9%. Always.
00:04:5652.9%, which We travel now to Mexico, where
00:05:00the National Institute of Statistics and Geography (INEGI) reported an annual increase of
00:05:033.2% in productive activity during the third quarter of
00:05:072026, an indicator that raises the outlook on the pace of the Mexican
00:05:11economy at the end of the year. According to INEGI, the
00:05:14greatest impulse came from trade and services with a growth of
00:05:183.3% compared to the same quarter of
00:05:202025. It was followed by the industrial sector with an advance of
00:05:243.1%, while primary activities such as
00:05:27agriculture, livestock, and fishing increased
00:05:30by 1.8%. With these results, the accumulated growth of the Mexican
00:05:34economy so far this year was also 1.8%. For its
00:05:36part, the Secretary of Finance and Public
00:05:40Credit, Edgar Amador, attributed this performance to the convergence
00:05:43of several factors: greater public and private investment, recovery of
00:05:47manufacturing activity, and expansion of services linked to
00:05:51productivity and consumption, a behavior that, according to the official,
00:05:55reflects that economic dynamism does not depend on a single
00:05:58sector.
00:06:06I'll tell you now that the government of the Russian Federation extended
00:06:09until the end of January 2027 the prohibition
00:06:13of its producers selling diesel abroad. The Russian authorities
00:06:17explained that this
00:06:19maintain stability in the domestic fuel market.
00:06:23Likewise, Russian Deputy Prime Minister Alexander Novak
00:06:27declared that, along with the extension of the general prohibition,
00:06:30exceptions are being prepared for certain suppliers who can supply the global
00:06:34market, highlighting that this flexibility was implemented last
00:06:37October and is planned for November. The official added that
00:06:41the supply of Russian IS to global markets this month
00:06:44will amount to 2.15 million tons compared to
00:06:48the 510,000 tons exported in
00:06:51October.
00:06:59And in other news, from today until November 5, Xin
00:07:03Shenjiang province in China, in eastern China,
00:07:07will host the World Internet Conference, and you can find more
00:07:10information in the official coverage of
00:07:14this sector. To see more information, we have prepared the following
00:07:18material: since its creation in
00:07:212014, the World Internet Conference has
00:07:24consolidated itself as the fundamental space for the debate of
00:07:28topics on the development, innovation, problems, and
00:07:31policies of global Internet technology. For this reason, the
00:07:35preparations for this new edition were carried out meticulously
00:07:39so that the experience is more interactive. The organizers...
00:07:42inspected everything from traffic control in electrical networks
00:07:46to telecommunications to guarantee security during the
00:07:50event. On this occasion,
00:07:55intersections throughout the city stands out. Robot
00:07:58dogs and robots replace
00:08:03repetitive, high-intensity tasks that
00:08:06previously required manual labor on site.
00:08:09They mainly carry out inspection and infrared
00:08:13thermography of electrical supply equipment in
00:08:17substations, increasing efficiency and guaranteeing a
00:08:20reliable electrical supply for the Gushen summit of the
00:08:24World Internet Conference. Regarding
00:08:27connectivity, the conference has deployed throughout the city
00:08:30supports for 4K live transmissions and high-bandwidth
00:08:34data for robots with built-in AI, as
00:08:37well as guided tours by artificial intelligence. With
00:08:41the deployment of the 5GA network, the
00:08:44simultaneous connection capacity of wireless terminals
00:08:48in these venues has multiplied by
00:08:512.5 compared to previous
00:08:54events, in particular the Like
00:08:57of Internet exhibition pavilion can support
00:09:00about 10,000 people who use
00:09:03mobile phones and other wireless terminals
00:09:06simultaneously to communicate and transmit
00:09:10data. This summit will unite Chinese and
00:09:14foreign participants who will delve into innovation, security
00:09:17governance, cultural exchanges, and international cooperation,
00:09:21in addition to topics on cyberspace. It will also have
00:09:2527 sub-forums that will address topics such as
00:09:28trust, connectivity, and interoperability between artificial
00:09:32intelligence agents, robotics, integrated artificial
00:09:35intelligence, and spatio-temporal
00:09:37intelligence.
00:09:40We continue in the Asian giant, as it
00:09:42expands its renewable energy generation capacity in
00:09:46high-altitude regions. The country's Electricity Council reported that the
00:09:50proportion of installed capacity in these areas has increased during
00:09:53the last 5 years as part of the advancement of its clean
00:09:57energy infrastructure. The advance is significant. The
00:10:00share of renewable energies in the installed electrical capacity of these
00:10:04regions jumped from 28.5% to
00:10:09represents an increase of 24.4 percentage
00:10:11points. According to the China Electricity Council. The same
00:10:15Council highlighted that by the end of September, the installed capacity
00:10:18for new energy generation in those regions stood at
00:10:2125.6% of the national total, while for
00:10:25wind power, it totaled 28.1%, and solar reached
00:10:2924.9%. The growth is also reflected in the
00:10:32infrastructure in seven provinces and regions with an
00:10:36average altitude of 1500 meters or more. The installed capacity
00:10:40of new energies went from 144 to 476 million
00:10:44kilowatts in the last 5 years,
00:10:47which has tripled its capacity
00:10:50in this way.
00:10:59We make a first break. When we return, as part of our analysis section, we will do an
00:11:03X-ray of the US economy, as you know, tomorrow are the midterm
00:11:06elections, so we will do this analysis, don't go away, we'll be back.
00:11:46Hello, this is Jorge Gestoso, I invite you to join me in a new
00:11:49program where we will be talking about political rights
00:11:53and electoral participation in Ecuador with another
00:11:56notable guest, Felipe Vega, political
00:11:59analyst from Cotacachi,
00:12:02Ecuador, only on
00:12:04Telesur.
00:12:06Notables with Jorge Gestoso.
00:12:10Today, only
00:12:14an electoral crossroads. What is behind the discourse of power
00:12:18and how does it affect the global South? This November
00:12:213rd, we decipher the keys and strategic impacts of these
00:12:24elections. From the geopolitical perspective of our
00:12:27peoples, totally live with Luis
00:12:30Blandón, join the analysis and interact with
00:12:34us through our YouTube channel, Multimedia
00:12:37del Sur. Subscribe, activate the bell, stay
00:12:41informed, only on Telesur.
00:13:39One day before the midterm elections, inflation in the United States
00:13:43stands at 3.6%, although
00:13:46President Trump promised in his 2024 campaign to lower gasoline
00:13:49to less than $1 per gallon, the cost of living, fuel
00:13:52prices, and the loss of purchasing power remain the main
00:13:56concerns of voters. Annual inflation, for example, rose to
00:14:003.6% in September, two tenths above
00:14:033.4% in August, according to
00:14:06data provided by the Department of Commerce. Likewise, US
00:14:09crude oil remains above $100 per barrel after the
00:14:13conflict in Iran. Before those tensions, it was trading below
00:14:17$70. Gasoline is around $4.25
00:14:22the same vein, core inflation, which excludes food and
00:14:26energy due to their frequent variations, reached
00:14:293.1% annually, one tenth more than in August. This is the
00:14:32indicator the Federal Reserve closely follows to decide its monetary
00:14:36policy. We highlight that the economy became a central theme of the
00:14:39campaign. Polls indicate that most voters
00:14:43have an unfavorable perception of the economy and the handling of prices
00:14:47by President Donald
00:14:49Trump.
00:14:58Consumer inflation in the United States gained momentum in
00:15:01September, driven mainly by rising
00:15:05energy costs. Official data indicated that the US
00:15:08Consumer Price Index grew only 0.6%
00:15:11monthly and 3.7% year-on-year
00:15:14in September, compared to 0.4% and 3.4% in
00:15:17August, respectively. In turn, the core Consumer Price Index
00:15:21rose 0.3% from the previous
00:15:25month and 2.6% year-on-year, and the
00:15:28food price index rose 0.1% monthly in
00:15:31September, matching the increase in August. Likewise, overall
00:15:35inflation increased 0.6% monthly,
00:15:37driven mainly by a 9.1% increase
00:15:42were attributed to rising energy
00:15:45costs, as well as increasing prices for
00:15:48housing, car repairs, education,
00:15:52airline tickets, medical services, and
00:15:54clothing.
00:16:04And American consumer confidence continues to weaken
00:16:07due to rising prices. Recent consumer
00:16:11surveys at the University of Michigan indicated that the Consumer
00:16:14Sentiment Index
00:16:18October of this year. It highlighted
00:16:21that the current economic conditions index fell
00:16:2446.7, while the consumer expectations index
00:16:28rose slightly to 48.8 from
00:16:3146.3 in September. It highlighted that inflation expectations for
00:16:35October rose 4.7%, along with
00:16:38long-term inflation expectations that stood
00:16:41at 3.5%. Likewise, the survey indicated that in
00:16:44October, the percentage of consumers who reported that high prices
00:16:48hurt their personal finances increased for the fourth consecutive
00:16:51month, reaching 56% compared to
00:16:5445% in
00:16:55January.
00:17:04And just one day before the legislative elections, federal
00:17:08cuts to food and health assistance in the United States
00:17:12deepen the difficulties of vulnerable households and increase
00:17:15pressure on food banks and community services. Let's see the
00:17:19details in the following material.
00:17:22Óscar Ochoa, a 65-year-old military veteran
00:17:25residing in Arizona, lost access to food aid and had
00:17:29to return to work as a bus driver to cope with the
00:17:32rising cost of basic products, especially
00:17:35meat. Right now, as we speak, the prices of food, of
00:17:39meat, for example, are too high for my budget, that's why going to the
00:17:43community food bank is a great help, as they provide me with products
00:17:47that I otherwise would not be able to afford to buy in
00:17:49supermarkets. The modifications to the Snap programs,
00:17:53intended for food purchases, and Medicaid, which guarantees
00:17:56health coverage for eligible
00:17:59residents who meet the legal requirements, including
00:18:03refugees, asylum seekers, and survivors of trafficking and domestic
00:18:06violence. In New Jersey, authorities estimate that more than
00:18:10300,000 people could lose their Medicaid coverage
00:18:14as a result of federal changes.
00:18:17Before the cuts to the nutrition programs implemented
00:18:21by the Trump administration, our Food Bank
00:18:24here in southern Arizona served about
00:18:27150,000 people annually. Now we estimate that the
00:18:31number is close to 200,000 people. On average,
00:18:35we are seeing an 18% increase in the number of
00:18:38people using our services. The new
00:18:42access conditions incorporate additional verifications and procedures,
00:18:45while restricting the eligibility of certain
00:18:49immigrants who reside legally in the country. The
00:18:52consequences can translate into higher family expenses,
00:18:55medical bills that are difficult to cover, and a growing demand
00:18:59for public and community assistance. The impact transcends
00:19:02direct beneficiaries when households reduce their purchases to
00:19:06compensate for the loss of aid, their consumption
00:19:10capacity also suffers. For the electorate that today faces scarcity
00:19:13in their own home, the message is
00:19:17undeniable, government cuts do not benefit the
00:19:20consumer, on the contrary they redefine the political
00:19:24landscape by turning food security into the most implacable
00:19:27reminder that decisions in Congress have a direct human cost
00:19:31that the polls will not hesitate to collect.
00:19:33For its part, wholesale inflation in the United States also reached 6.3%
00:19:37in September, its highest level in almost 4
00:19:40years. The Bureau of Labor Statistics indicated that the Producer Price
00:19:44Index increased 1.3% during
00:19:47September, while in August it grew 0.5% and in July
00:19:510.2%. The September index exceeded economists'
00:19:55forecasts, who predicted a 0.6% monthly
00:19:58advance and 5.5% annually.
00:20:01Core wholesale inflation increased 0.5 percentage points in
00:20:05September. Also above the increases of past
00:20:08months, this price situation reveals a new
00:20:11indicator of inflationary risks in the country
00:20:14just two weeks before the Federal Reserve makes its next monetary
00:20:18policy
00:20:19decision.
00:20:28The direction of the midterm legislative elections this November 3rd
00:20:32will be marked by weak employment and the economic pressure
00:20:35suffered by households in the United States. More details
00:20:38below.
00:20:41Although the White House defends its economic results,
00:20:45rising prices and slowing
00:20:48contraction. attempt among sectors of the
00:20:51population, employers added only
00:20:5529 workers in September, while
00:20:58unemployment stood at 4.2%,
00:21:01according to federal figures cited in the report. At
00:21:05the same time, average hourly wages grew
00:21:083% year-on-year, below inflation of
00:21:123.7%,
00:21:15power. We are not seeing a large number of jobs
00:21:19added, no. We are not seeing solid sectoral participation in
00:21:22added jobs, and that leads to longer job
00:21:26search times, it can also lead to longer periods of
00:21:29unemployment. Having a job and feeling financially
00:21:32secure are two different things, therefore, the midterm elections could come
00:21:36down to the difference between economic statistics and economic
00:21:40experience. One thing is to read the statistics, but of course, ordinary
00:21:43people are at the breakfast table analyzing their situation and seeing how it is not as
00:21:47promising as some would have us believe.
00:21:51Promises to bring back manufacturing jobs through
00:21:54tariffs have not yet resulted in a sufficient
00:21:58expansion of industrial employment. In addition,
00:22:01the incorporation of artificial intelligence is changing
00:22:04opportunities for recent graduates. The
00:22:08contrast between macroeconomic indicators and
00:22:11daily experience could become a political
00:22:15cost for Republicans amid concerns
00:22:18about housing, fuel, and
00:22:21food.
00:22:26On the eve of election day, these economic indicators set the
00:22:30backdrop for a vote in which citizens will choose what economic
00:22:33direction they want for the nation. Of course, from this space
00:22:37we will be following up on the results of these electoral elections, but
00:22:40for now, we will take a new break and when we return, as part of our
00:22:44digital tour, a new cyberattack is causing millions
00:22:47in losses in dozens of supermarkets in Belgium and Sweden, I'll tell
00:22:51you why when we return.
00:23:17Hello, I'm
00:23:20glad you could join me for a new program where we'll be discussing political
00:23:24rights and electoral participation in Ecuador with
00:23:27another distinguished guest, Felipe Vega,
00:23:31political analyst from Cotacachi,
00:23:33Ecuador, only on
00:23:35Telesur,
00:23:38Notables with Jorge Gestoso,
00:23:42today only on
00:23:44Telesur.
00:24:25We are back on economic impact and it's time to start our digital review, we
00:24:29do it with Swiss info, a portal that shows us the following
00:24:32headline: refrigerators and freezers of
00:24:35dozens of supermarkets in Belgium and Sweden were hacked,
00:24:39according to the indicators of the cyber attack, excuse me, according to the authorities, the
00:24:43cyberattack started around midnight and caused some
00:24:46freezers to reach temperatures of about 15 degrees
00:24:50Celsius. In this situation, some establishments had to resort to refrigerated
00:24:54trucks to preserve food, while others
00:24:57suffered merchandise losses and had to discard products due to the
00:25:01loss of refrigeration. The incident reported tens of millions
00:25:05of euros in losses due to products affected by the temperature
00:25:08change and the damage suffered by machinery. It should be
00:25:11noted that these incidents come just three weeks after a similar
00:25:15attack caused rapid thawing in at least 700
00:25:19supermarkets in France, as well as in several in the Netherlands
00:25:22and eh eh, in several, I mean refrigerators in the Netherlands
00:25:26and also in
00:25:27Belgium.
00:25:34We move on to Europa Press, which informs us that in Spain, the general
00:25:37strike on 11N already exceeds 4300
00:25:41adhesions in company committees and union sections.
00:25:44The Tenant Union in its most recent statement reported that
00:25:48adhesions totaled 1342, highlighting that the
00:25:52call extends to the public sector with adhesions from
00:25:55representative bodies of the staff of administrations and
00:25:59municipalities. It stressed that there is also an individual adhesion
00:26:02channel to broaden participation beyond trade union organizations and
00:26:06workplaces, and affirmed that the objective of the strike is to
00:26:10place housing and the cost of living at the center of the labor
00:26:13and social conflict, recalling that the call is not only against housing
00:26:17policies but also against employers and large companies and
00:26:21governments that support an economic model in which those who
00:26:24work produce wealth and a few appropriate
00:26:28it.
00:26:35We continue with the Jetz portal which shows us the
00:26:38following: Mercosur, European Union, Brazilian agribusiness
00:26:41exports increased by 14.8%
00:26:45in 6 months. Data from the Agrostat system of the Brazilian
00:26:49Ministry of Agriculture and Livestock indicated that during the first five months
00:26:53of the free trade agreement between Mercosur and the European
00:26:56Union, Brazilian agribusiness exports to the European
00:27:00bloc reached 12 billion,
00:27:03equivalent to about 10.5 billion euros, and it was highlighted
00:27:07that among the sectors that grew the most in value are agricultural products,
00:27:11especially honey and oilseeds other than soybeans. It should be
00:27:15noted that last November 1st marked six months
00:27:19of provisional application of the free trade
00:27:21agreement.
00:27:28And to conclude our digital tour, we visit Sputnik which informs
00:27:31us that seven OPEC+ countries will keep crude oil supply
00:27:35unchanged in December. Saudi Arabia, Algeria, Iraq,
00:27:39Kazakhstan, Kuwait, Oman and Russia have agreed to keep crude
00:27:42oil supply levels unchanged in December, and according to the table
00:27:46published by the organization, production volumes will
00:27:49remain at 10.478 million
00:27:52barrels per day for Saudi Arabia,
00:27:549.949 million barrels per day for Russia,
00:27:574.431 million for Iraq,
00:28:002.676 million per day for Kuwait,
00:28:041628 barrels per day for Kazakhstan
00:28:07and 1007 million barrels per day for Algeria, as well as
00:28:11841 barrels per day for Oman.
00:28:25Time to review the oil indicators at the beginning of this day and as every
00:28:29day we will start with West Texas Intermediate, WTI. reference
00:28:32in the United States that marked a price of $9.45,
00:28:36a fall of $4.68,
00:28:39in the case of Brent crude, reference in Europe, this had a rise of
00:28:43$4.95,
00:28:46pardon me, a decrease, it's a fall of
00:28:484.95
00:28:51and locating its price at
00:28:52$108.45
00:28:55and finally the averaged crude by OPEC marks a price of
00:28:58$102.14.
00:29:09We have reached the end of this broadcast, thank you as always for your company,
00:29:12teresurtv.net is our portal, there is more information and for now stay
00:29:16tuned because my colleagues have more for you, my name is
00:29:20Daniel Rosa, we'll see you later with more economic impact, until
00:29:23then.
00:29:39Behind every scene there is a story, stories that
00:29:42reach the big screen. Discover the best kept
00:29:46secrets with Sala every
00:29:49Saturday, only on
00:29:52Telesur.
00:29:54Through the European portal Dailymotion, you can be
00:29:58informed 24 hours a day.
00:29:59informado.
00:30:02from your living room to the world, enjoy our live signal in Spanish
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