tv Fareed Zakaria GPS CNN September 22, 2024 10:00am-11:00am PDT
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direct redefining and terence, i'm pete muntean at reagan national airport this is cnn this is gps, the global public square. >> welcome to all of you in the united states and around the world. i'm fareed zakaria coming to you from new york today on the program graham the contrast between the two visions of our future could not be more stark and different. >> hillary clinton, the former first lady former senator former secretary of state, who of course ran for the american presidency against donald trump in 2016 we discussed the middle east much more
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the united the nation's this week with secretary general antonio guterres i asked him about the war in the middle east, which will be a year old in two weeks the war in ukraine, which will mark three years in early 2025. >> and why the united nations doesn't seem to have much influence to bring about peace but first, here's my take in the clamor of the campaign season. >> we're missing what should be a landmark event the united states has managed to bring inflation down without so far triggering a recession such a soft landing is a rare achievement that by one measure has only happened one other time in the last 60 years. a good measure of credit should go to the federal reserve and the manner in which it operates. and yet that is now under threat just two years ago, inflation in america had hit a 40 year high, reaching over 9% it has now come down to
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around two 2.5% falling more and more quickly than in other major economies. the federal reserve could be assigned some of the blame for inflation getting so high. door, lot of that seems to have been a result of the pandemic, which made it so that goods could not get the customers around the world the biden stimulus was another factor, but it's worth noting that inflation soared in many countries where the government handed out much as cash to its citizens the real mark of the federal reserve's achievement though, is not that it made no mistakes everyone makes mistakes in the midst of a once in a century event like the pandemic it was that the fed was able to course correct. in a careful deliberate manner and crucially without much concern about the politics of its decisions. even as many federal institutions become increasingly politicized, the fed remains largely meritocratic it's a place
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where highly trained experts try to do what is right for the country in the long term the rate cut this week is one that most economists believe is a reasonable one. and even disagreement is muted. >> the financial times applauded it while the wall street journal editorial board seemed in favor of a smaller cargo, but even the journal noted it was not made for political reasons i am not romanticizing the fed. >> it is made its share of mistakes. but people on the right and left to have worked their tend to find that the deliberations and decisions are largely devoid of politics alan blinder former vice chairman of the fed, who also worked in the white house, has noted the contrast between the two places with politics being dominant in the white house and good policy being the credo at the fed the fed's independence has been hard one and recent. it really begins with former fed chair paul volcker doing what was needed to bring inflation under control in the 19 the
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stagflation of the 1970s had been caused in part by a week fed chairman who was bullied by president richard nixon the lowering interest rates to goose the economy in time for nixon's reelection since then, the fed has steered the american economy through booms and busts with considerable success when i looked into this topic over 20 years ago for my book, the future of freedom. the federal reserve along with the supreme court and the armed forces, tended to have much higher approval ratings than congress the point i made them was that it was telling that it was the places that could keep public opinion and pressure at bay that were most admired by the public congress by contrast, which slavish lee panders to people is despised by that same public. today. everything is now seen in political terms. the supreme court's ratings have sunk partly because of its own missteps with highly politicized decisions like bush
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v. gore. >> and the most recent one on presidential immunity and now there is an assault on the fed. donald trump has never liked the independence of the federal reserve, largely because he doesn't like the idea of any institutions being independent of his control. he was enraged that several of his attorneys general would not act as if they were his personal lawyers. he fired the fbi director because he would not take direct orders from him. so despite the fact that he appointed the fed chair, jerome powell, who's a lifelong republican. he relentlessly criticize pow when he was president and did so again, this week some of his acolytes always more loyal than the king, are drawing up plans to curb the independence of the fed the american economy is the envy of the world. it has recovered more strongly from the pandemic economy and unlike many others, has seen wages rise. its major companies dominate the world if you add up the top ten public
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companies in europe, they do not equal the value of apple alone, or microsoft on nvidia but this image rests on policy on american monetary and regulatory policy that in crucial ways is still being handled in a serious nonpartisan, meritocratic manner. if this last area of american strength gets politicized, it could weaken the foundation of america's power, the edifice on which all else rests. go to cnn.com/fareed for a link to my column this week. and let's get started the most prominent figures in american politics, hillary rodham clinton was of course, first lady of the united states, then a us senator from new york, and then served under president barak obama as
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secretary of state in 2016, she made history as the first woman nominated by a major party to run for president. >> more recently, she's added university professor and broadway producer to her list of accomplishments. these experiences, among many others, are explored in her new book, something lost, something gained secretary welcome back. >> thank you so much. it's great to be back with you. >> this is such a terrific book. it's, it's really fascinating and wide ranging and personal i want to start by asking you about, you talked a lot in the book about what it meant to be a woman in politics and your path to it had to be slightly complicated. i mean, i looked this up, but when you went to wellesley, i believed colleges were not co-ed. when you went to yale law school, who's basically the first year that they had opened up a women. and so in some ways, you became a political spouse and gained prominence that way? kamala harris has done it
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differently. and probably benefited from your opening all those doors. do you think she has a better chance at at kind of breaking through that glass ceiling because of that. >> well, i hope so. i really hope so. and i think that it's a relay race. people do their part they tried to open doors or break through ceilings in order to make it possible for somebody to come after them. and as ai write in the book and in the epilogue to the audio version that i read i didn't know how i would feel because obviously it was a huge disappointment not to win in 2016 but when president biden withdrew and endorsed the vice president i immediately along with my husband, endorsed her as well. and it felt right. it felt exciting, exhilarating. i
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think she is not only absolutely equipped and ready to be president. i think we need somebody like her, right now for read in what sense? >> this is an election not just between two people two tickets, two parties. >> it really is an election between democracy and autocracy, freedom and oppression. but also between leadership that wants to bring us together to do big things to demonstrate america is fully ready to be as prosperous and as focused at home and leading abroad because the world needs that and so the contrast between the two visions of our future could not be more stark and different i think kamala's campaign has demonstrated as it's already been written and talked about, a level of energy, even joy the contrast
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is the trump campaign. it's dark, it's dystopian it's filled with attacks on different kinds of people, finger-pointing and scapegoating that's a very different view of who we are as a people and what we should aspire to. >> why do you think he gets almost half the country behind him in particularly the working class. you talk about this in the book, how the working class gravitated toward the republican party after the 1970s and 80s, right well, i write about, and obviously i've talked and thought a lot about this. >> i think there are a number of reasons i think that people have high expectations for their own lives and for the leaders that they invest themselves in and if you are disappointed or feel like you're falling short or worried that your children will not do better than you did?
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it's natural to be somewhat unmoored and leaders can appeal to you. and one of two ways and i've seen both. i've seen leaders who say, yeah, you know what, we have problems? i want you to be involved in helping to fix them. i want to empower you. i want to create the tools you need to chart a better life for yourself in your family. where you have leaders saying, you know what? it's rigged against, you you deserve better you've lost that job to name the minority groups or immigrants, or minority of whatever kind that is getting an unfair advantage i'm giving you an explanation for why you feel stuck or disappointed you know, historically america has fallen in the first category. it's like, okay go west if you're not happy where you are have mobility to go find a job, i was saying to you before we started, my father hop day
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freight train in scranton, pennsylvania because he heard there might be a job in chicago during the great depression there was an energy and an optimism that has really marked who we are but the combination of demagogic leaders like trump, who appeal to the fears, not the hopes, the fears and social media which can spread. all sorts of conspiracy theories, alternative explanations it turned into facts about why things aren't going as well as you would like them to go or what can be the explanation for that so i think there's a social, political cultural, and technological set of reasons that add up to the political differences you talking about how important it was for you to to take on women's issues and by women's issues, i mean helping women with their health care with their child care. and you were frustrated throughout your
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career that these were seen as women's issues and not societies issues and yet they had a huge impact on society, at-large, right? >> yeah, we'll their economic issues too well, you're right there. there. society issues, economic issues, and a lot of these issues like child care, paid family leave have been dismissed for way too long as kind of side issues, women's issues but, the evidence is. overwhelming that we are making it so difficult for families to balance. their work life and their family responsibilities if you are concerned about the falling birth rate, if you concerned about increasing productivity, if you are concerned about how we need to be supporting the most important job in society, which is raising children. then you should be in favor of things like paid family leave and early childhood education next
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on gps, hillary clinton has been teaching at columbia university after the break. i asked her about campus turmoil around the israel hamas war on the edge premieres tonight at nine on cnn but not the cost of your current plan no problem with straight talk you love and get one line for $25 a month. >> when you switch to strike we talked that's up to half off the price of the competition plus the best part of all get to $200 credit for a new phone after 12 months with straight savings, you saved. now and later. it just makes sense. >> straight talk, real unlimited data, less dollars, more sense he's coming in the driveway treated for leukemia i hope
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continue to give the afternoon so much for me happy with your debit or credit card now, and we'll send you this st. jude t-shirt that you can proudly wear it stands that one look? >> elam below the mean? he is one of these we didn't know what tomorrow would hold. st. jude showed us that tomorrow. there's hope for our little girl to surpass let's cure childhood cancer together please donate. >> now two very different visions for our nation. >> one focused on the future and the other focused on the past. when the middle class is strong, america is strong
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lowering the cost of living will be a defining goal. my president, our lower the cost of insulin and prescription drugs for everyone. and i will work to pass the first ever federal ban on price hi housing, on food. more than 100 million americans will get a tax cut. we will end america's housing shortage by building 3 million new well homes and rentals. that are affordable for the middle class together, we will build an economy where everyone can compete and have a real chance to succeed now is the time to chart a new way forward i'm pamela for harris and i approve this message. >> meet the jennifer's gen x, gen y, and gen z. each planning their future for the chase mobile app. gen x is planning a summer in portugal with some help from jpmorgan wealth plan. let's go whiskers. >> and why is working with the
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banker to budget for her birthday? you only turned 30 once. >> and gen z, her credits go then hello new apartment three jens getting ahead with chase solutions that grow with you. one bank for now, for later, for life chased, make more of what's yours hello, was captured and brought to you by guilt. visit gilt.com today for up to 70% off designer brands. >> hill's house. the designers that get your heart racing had inside a prices knew every day, hurry. >> there'll be gone in a flash. designer sales at up to 70%. as guilty.com today and we are back with the former first lady, former secretary of state, former senator hillary rodham clinton. mrs. clinton, along with president clinton and chelsea will welcome world leaders to the clinton global initiative conference here in new york. this coming week things in the middle east are very complicated, but the middle east debate at home is also very complicated and you've, you've watched it in a sense that participated in a way because you've been
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teaching this course in columbia and i think there was, there has been some student reaction describe what you what's your sense of what's going on on campuses with the middle east right now? >> well, actually i have a whole chapter about that in the book because it was quite striking to me i co-teach a course with the dean a very distinguished political scientist at the school of international and public affairs called inside the situation room. we'd love to have you come some class freed incredible students, very large lecture kept class like 375 students from across the university, mostly students from seat, but the school we teach it and we taught the wednesday after october 7 and it was it was a very somber difficult class. we hurried through, are prepared
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curriculum, and then we basically sat down and answered questions for 45, 50 minutes and the questions were really raw. i mean we had a student from palestine a palestinian student. we had a student from israel. we had students from across the middle east. we had students from asia and obviously the rest of the world struggling to understand what all of it meant. but it was a respectful informative open dialog and literally at the end of it, the students applauded. that was on wednesday by within. a few days, we were doing an event and we started being protested. the dean and i and our guests and being screamed at being called. you know, all kinds of names. what happened in that period. and the best i can sort of unpack
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it is that there there were already existing groups within our country and particularly on certain campuses like columbia who had talking points, they had a plan for protests and disruption and i watched it sort of morph into something that was not student led, even though students participated but which had outside funding, outside direction and i still to this day, i'm not quite sure all that was going on with it. and a lot of students were caught up in that. and a lot of the videos on social media gave not just a one-sided view of the conflict, but a totally
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anti0israel pro hamas, not just pro palestinian view for me, it was distressing because look i have my own opinions formed over many years. i'm willing to sit down and have a conversation with anybody but it's difficult to have conversations with people who hold strong opinions with no factual and historical basis and so in trying to talk to students, not just at columbia but elsewhere i would be met with slogans. i would be met with attacks and, you know, very inflammatory language and when i would ask, well, what about you know, what happened in 2000 at camp david? no do you know whaened in 1947? know. do know how difficult the
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relationships have been. know. do you know that there are arab israelis and some are serving in the idf none of that. and this whole chanting from the river to the sea. what does that mean? >> what river, what's see that's what bothered me and i think this year has been much quieter a much more educational environment where people can have these conversations the ugly presence of anti-semitism, not just positions against israel. you can, it's perfectly legitimate. >> i don't like what that country does and i don't agree with that country's foreign policy. that's that is absolutely what you should be debating at a university. this was not that this was screaming at students who were jewish. it was blocking their entry into classes or in the club activities. it was nasty and so
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there was something else going on here that was very troubling. and we now have seen evidence of you know, obviously foreign money, foreign influence the algorithms on tiktok, which were anti0israel right off the bat and so i think that a university particularly has an obligation to of course, protect free speech, but also to protect students against harassment. and against the kind of behaviour that interfered with their learning. so that's where we are now next on gps. >> i asked hillary clinton, a very personal question about her very public matter what the biggest companies deliver is exceptional customer experience what makes it possible is unmatched, connected? >> in 5g solutions from t-mobile forbid t-mobile connects 100,000 delta airlines
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and i and i hesitate to do this, but you have had for better or worse? the most probably one of those public marriages in the world everybody knows. >> well, they think, they think that's what i want to ask. you talk about the dark periods in your do you feel as though you are you are now in a place where you do forget the dark periods, do they stay with you? how do you see you and your husband seemed to have me and you have survived while so many of your detractors are now thrice divorced of course. >> i know. well i think for me, and as i've said this for many years nobody really knows what happens in a marriage, except the two people in it and every marriage, i'm aware of has ups-and-downs not public hopefully for everyone else and you have to make the decisions that are ripe for you. >> and i would never tell
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anybody else stay in a marriage or leave a marriage, whatever the easy answer is, and you know, for me and for us i think it's fair to say we are so grateful that at this stage of our life we have our grandchildren. we have our time together. you know, i write about how we start the morning playing spelling bee in bed and you know, bill is like such a great player. he gets to queen b almost immediately. it feels like we just have a good time. we have a this life that we've lived together for now, nearly 50 years of marriage that's what is right for us and that's really my message i write in the book, how during one of the darkest periods during the impeachment, i had to almost have a binary view of the world
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that i was living in my reality on the one hand, i was deeply hurt, deeply confused, really upset, angry. and on the other hand, i knew that this was a political ploy bill out of office and i thought he'd been a really good president and i resented that as an american citizen, that these hypocrites who you know, had all kinds of their own stories about, you marriage and everything else. we're going after him because of a very unfortunate incident in his life so on the one hand, i'm trying to make a decision about my life, my marriage, my future, my child, my family which only i could make. on the other hand, i saw the hypocrisy and cruelty of what those republican members of congress
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were doing. and reality that people on the outside could never have understood. and, you know, obviously i got tons of unsolicited advice from all sorts of observers but, my friends and i have a whole chapter in there about how incredibly grateful i am to my friends, friends of a lifetime, friends, you know, that have stood with me supported me. who during that dark periods showed up at the white house to be with me and i, you know, i had a a different kind of set of challenges. i mean, it's always hard if there's a problem in your marriage you feel like it's your entire world but in my case, it was so i had to go through it at my own pace. >> on my own terms. according to my own values. and i'm very
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grateful that we are where we are and i'm very grateful to you for coming on the show. >> this has been a pleasure, and honor. >> thank you for always good to see you. >> next on gps. >> is there still a path to peace in the middle east i'll be back with the secretary general of the united nations cnn this morning with kasie hunt, weekdays at five eastern when it comes to amgen, life changing medical breakthroughs i've every second counts. but without investment, those breakthroughs are often paused cities seamlessly connected, banking, markets and services businesses deliver global financial solutions so our client can keep investing in the patients for patients of round-the-world without pause. for the love of moving our clients forward for the love of progress teeth you've got a brush or will be electric cleans better with one simple touch oral b's
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anniversary of the october 7 attacks and the war that has ensued with the events of this weekend, lebanon, that conflict now threatens to further engulf even more of the middle east. 1,000 miles north in ukraine. that war continues to grind on. president zelenskyy told me last week about the peace plan he intends to present a president biden in coming days but as in the middle east, the two sides are so far apart. it's difficult to foresee a speedy end to the conflict. this is despite much debate about it at the united nations on thursday, i traveled to the organizations headquarters in new york to talk to antonio guterres, a former prime minister of portugal. guterres has been un secretary general for nearly eight years mr. secretary general, pleasure to have you on it's a great pleasure to be with you again, you're in the when i want to ask you, we are reaction to the news of the the moment which
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has been this. >> what appears to be an israeli intelligence operation that has detonated, exploded these various communications devices in lebanon. among hezbollah fighters. >> what worries me more? >> is what this means as the potential of a much more dramatic escalation of a full-blown war i mean these devices were made to explode now according to the information that come because someone was discovering that they have the bombs. and so there to be explored, the use it or lose but the logic of this kind of devices is for a preemptive strike in a major military operation to dismantle the communications capacity. if you're adversity. so the fact
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that these things existed means that there is a potential for a much stronger escalation and that is what concerns me. the possibility of transforming lebanon in another gaza, which i think could be a devastating tragedy for the world and why do you think it has been so difficult to get any kind of a ceasefire or any kind of a deal at this point. >> you mean in between israel and hamas even some talks between israel and has neither the government of israel nor hamas really want a ceasefire that to me is obvious. >> i mean, what is on the table is quite reasonable both sides should be in a position to accept and until now we see that whenever there is a new development, some new
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complication arises. and it is for me, clear both sides are not interested in a ceasefire and that is a tragedy because this is a war that must stop of course, it started because the renders terror attack of 7 october. but then it triggered a military operation that is reached the level of deaths and destruction that i do not remember any other been my lifetime. and as i condemned the very strongly the actual of hamas, i also think we need to condemn the fact fact that there is an attempt to have a collective punishment of the palestinian people. >> do you think that the un has any role to play in a postwar gaza? >> that will depend on the wheel. do we'll, of course, the israel and the palestinians we are very to do what we will be asked to do but as i said we
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are not seeking any protectionism. what we want is a solution and we admit that for israel, there might be any interest, for instance, in a coalition of countries, both western countries and thereof countries, to guarantee a transition for us what is important is that whatever the transition mechanism that he's put in place, it is done with the involvement of the palestinian authority and it is done as a step. for the two-state solution to become a reality. >> because i mean, many people say the two-state solution is becoming not possible because you have the settlements that are moving on more and more areas grabbed in the west bank by both settlers and by the authorities. >> the point is okay, what is the alternative okay. >> can we conceive in the 21st
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century a one state solution in which millions billions of palestinians who have no rights will they have no citizenship will have a situation of total segregation that is absolutely unconceivable, or do you regard that as an apartheid? condemn side is a specific thing in specific country? i believe i don't like to use the same expression but what we would have is indeed a situation segregation when people within a state controlled by another people and that is something that is unacceptable. it would be indeed similar to the situation that we had in south africa next on gps, haven't just seeing the effects of wind kyiv last week i asked the secretary general whether he has realistic hopes for peace negotiations brynn, ukraine and
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over 40, i call it the daily routine eva mckend on the road with the close captioning bronchi by meso mesobook.com if you or a loved one, have news of the ilium up, we'll send you a free book to answer questions you may have called now and we'll come to you 800 a31 3,700 next week, world leaders and their entourages will converge on new york city for the annual un general assembly i sat down at the un on thursday with secretary general antonio guterres mr. secretary, let me ask you about the other war russia, ukraine the problem it seems to me you face a secretary general of the united nations trans is that a permanent member of the security council, russia has violated one of the core principles of the united nations let's, which has no
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aggression respect for sovereignty what do you do in history the power to, stop it. >> but we had from the first moment, uh, very clear position this is a violation of the charter this is a violation of international law. this is a violation of the territorial integrity of ukraine. and for us we need peace, we need to stop this war, but we need peace that is just and piece that is just is. they're respects the un charter peaks, that respects international law. and peace, that respects the territory integrity of ukraine in its internationally recognized borders. and that is our position of principle. of course, there is no negotiation for peace. i don't think any of the sides is now institute in a direct negotiation for peace i don't see a role that
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we can play, but we can be clear the formation of the principles that must be followed because they territory integrity is forgotten the day this is becoming a bargaining tool. that they will create an enormous potential of instability in the whole, in the whole world. >> but mr. secretary, it does seem as though it's very unlikely that ukraine will regain all the territory that it has lost, that it will regain crimea. it is likely that at some point there will be negotiations and then there will be a compromise. and unfortunately it will be a compromise of those principles because i don't think russia is going to give up every last square inch that does set a precedent for you in which has not really happened since world war ii of depth might happen, but not with our support. >> you will never, you will never supply consider that the
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territorial integrity must be respected of course. >> i mean, countries are free to establish whatever they decide the relation to their future but the role of the when is to firm the principles of international law that everybody must respect the rule of law is a central principle for each society and for the laws society do you get the sense you have communications with the russians? >> are they ready interested in negotiating at this point? >> i don't think so. >> and the ukrainians. >> i also do not think so this is a dire. boats are still betting on the possibility of a military victory. zelenskyy has announced that he has victory plan to present in the united states, and i think the russians have clearly indicated that they also have victorious military objective
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so when you look at these two crises, it feels like this is one of the darkest chapters of the united nations history, because in both cases they are ongoing in both cases, the un has not been able to be much use or it's just of all of darkest chapters of the world and obviously it is for us an enormous frustration. >> but it's a frustration that has a lot to do. with what we have in today's global governance i mean the institutions that are relevant in global governance um security gaussian, the bretton woods institutions, and several others, we could go on and on in different areas of governance that exists in the world were created after the second world war with the logic that corresponded to the power relations at the time, the global economy at that time and obviously 80 years afterwards they are totally totally out
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outdated and unfair and ineffective in answering the challenges, the enormous challenges that our great grandfathers could not have imagined. >> but here's the problem which is to reform them the very countries that are in power have to vote themselves into lesser positions themselves. >> that is true in their citizenship with the costume, right? but i must tell you when i came to this function, the reformers counsel was a taboo nobody would accept that to be discussed and even the committee that exists in general assembly, they couldn't produce britain texts on it. now everybody accepts that the reforms will, the council is a must, might be difficult to get, but everybody
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accepts it's a must. and we are recently a meeting in which all members including the permanent five, said they were ready to except african permanent member of the security council, which shows that things are changing, which shows that people are gaining conscience. that with climate change wrecking havoc all over the world with artificial intelligence without effective guardrails and with the potential of becoming also another existential threats. with this multiplication of conflicts everywhere many of them going on and on with a total impunity that exists in the world where everybody thinks that they can do whatever they want and nothing happens to them. >> in these circumstances. it's clear the institutions, the global institutions we have need to be adapted to respond to those challenges. we cannot accept that this chaotic situation of the world is a new normal with which we have to
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live we need to fight to change it and to find to change it, we need to reform the instruments of governance that were created eight years ago on that slender note of hope, i will. >> thank you, secretary general for joining us it's a pleasure. >> always to discuss with you thanks to all of you for being part of my program this week, i will see you next week you know, our superpower he's selling unsellable houses we got 20,000 over our list price wow, whether you're buying are battling. >> we've got your back on syllable house all new wednesday at eight on hgtv it's got let's just perfect for fall, right? >> feature low now to strengthen roots all winter prepared alone next spring, i didn't know all this says and right there on the back? yes, it does. that look the my lawn have today from on care tips and customize plans, feed the law. >> i just found out i've been paying for 27 subscriptions
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to the issue of abortion for 52 years. >> they've been trying to get roe v wade into the states. i did a great service in doing it. it took courage to do it and the supreme court had great courage in doing it. >> i have talked with women around our country you want to talk about this is what people wanted pregnant women who want want to carry a pregnancy to term suffering from a miscarriage, being denied care in an emergency room because the health care providers are afraid they might go to jail and she's bleeding out in a car in the parking lot she didn't want that. her husband
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didn't want that a 12 or 13 year-olds survivor of incest? being forced to carry a pregnancy to term they don't want that. >> i think the american people believe that certain freedoms in particular hello to the freedom to make decisions about one's own body should not be made by the government on kamala harris and i approve this message. >> why did we choose safe flight? we were loading are suv when crack safe flight came right to us and we could see exactly when they'd arrive with the replacement. we could trust schedule free mobile service at safe flight.com. we pay your safe place. >> ryan reynolds, hear from it mobile. now you might be noticing that something it's changed, it's not mince offer of unlimited premium wireless, $50 a month. it's the camera was shooting, which is a lot cheaper than craig here pays too much for verizon wireless. so he sublet half his real estate office to a pet shop.
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