validate the the, the news that leaders all the use states, germany, italy, and france make their 1st war time visit to kiev. as the block pushes for renewed peace talks. while europe suffers from storing oil and gas prices are goods or root. that's the message from gas, from c e o, off this in petersburg, international economic for him who saved a western dominated economic system is undergoing drastic changes in the us dollar . we can choose a date on the us central bank. it proves its biggest interest rate hike in 3 decades in the attempt to rein in searching price inflation.

the revenue catching the program from today. welcome to moscow onto the global news our on our t. my name's unit on the french president's manual mac chrome said his country box ukraine for immediate candidate status to join the i was in a meeting in care of with ukraine's president landscape and fellow you leaders from germany, italy, and no romania, and they made the trip a sizable divisions are being emerging within the u over support for ukraine and its demands in the conflict. the french, german, and tele leaders travel to kid by train with or raid sirens in the city sounding shortly after their arrival. before the meeting, they made their way directly to the suburban urban, the trio previously being criticized by ukrainian authorities for not providing

care with the scale of weaponry. it's been asking for and for not visiting the country sooner. however, during a press conference today, they spoke about their immense support for ukraine, including additional li, filleted, the fonts to people, missoula. france has been alongside ukraine since day one. we stand with the ukrainians without ambiguity, ukraine must resist. and when frances sending ukraine 6 more long range, caesar guns on top of the 12, it's already committed. in any case we support ukraine's accession status to the european union of the month. yeah, so a lot of updates there. let's go live to our to come to get our rachel marched in for her. take. hi there, rachel. is it indeed does sound like the e leaders have pledged quite a bit to ukraine today, but there is a difference between not isn't there and promise is being fulfilled. yellow zalinski already knows what back hole dry and shoals why?

because they keep saying it, and that is for the word entry to go houston's, even as they live service to more crisis weapons, which have an odd now for getting caught up and stuck in european red tape, slowing delivery. so what can we actually deduce from this visit and q french president amendment back home, all the news conference that the 3 leaders are doing every day. so that ukraine alone and decided state while italian prime minister mario drive. you said that their main message in talk zelinski was that they want to see ukraine as part of the european union. france, germany, italy, romania, have all now called to mediately grant ukraine. you remember candidate status becoming a full member of the you could take years 15 to 20 years as my calls minister of european affairs came on. has now no one realistically thinks that this is going to be a quick process. no country with foreign trained neo nazis falls into its army,

or who have any kind of political influence in the country as they do. and ukraine is going to be given be used. nor is the country whose leader demands devon weapons every time he shows up on a new call, but dangling the carrot of you membership in front of zelinski, frankly, is a loose cannon right now let's face it is one way to get him under control. and to get him to the negotiating table on the use terms, the notion of you can see which zelinski has suggested desperately wants for ukraine, gives the leverage all, i'll be able to maintain that ukraine alone is deciding its fate as well. and it gives zalinski a face saving reason to seek and enter the conflict. rachel, thanks very much for taking us through all votes, are to contribute our rachel morrison. and as the european union considers whether to fast track ukraine into becoming a member of the block,

moscow's even ma stresses he skeptical about whether that will actually happen either. oh you nor i will live long enough to see you. grain out as a member of the european union, nobody's talking about membership at this point. the point of discussion is the candidate status, which immediately has raised oh, different views and control versus i believe that russia and europe in the sense of the european union, will always be neighbors. and are doomed to be partners in one way or another or in the words of angular medical to for me in german, chancellor that we share the sense of the same land mass together. it's much more than land mass. we share our common history with all its ups and downs.

ah, we share our a lot of other things and those agree a deal of compact ability in the economics here it's not a mere cheese off was speaking to us on the sidelines on the st. petersburg international economic forum, the premier showcase of the country's investment potential. the annual event currently in its 2nd day of 4 is being held this year under the slogan, new world, and new opportunities. ah, during his speech at the, for in the head of russian gauss exporter, gals, prom said the world's western dominated economic system has been undergoing drastic changes with the u. s. dollar weakening. well, gladly mccook the bretton woods system. 2 point, oh is simply a paradigm that says,

our currency are rules. they tell you how you can use their currency, what you are allowed and not allowed to do. and the west makes the laws, but we're seeing the dollar lose. it's a gemini, as payments in other national currencies are on the rise. and finally, the paradigm itself is changing. the priority is being given to another formula, goods, money, goods, we sell gas, then we extracted our goods, our rules. one of the most awaited discussions during the day 2 of the forum was the one related to the oil and gas sector. we were listening to, to speakers whose words could literally change the sums on your gas and electricity bills. that is the seo of gas from and also rushes deputy prime minister in charge of the energy sector after a number of e country switch to roubles when paying for russian gas. the head of gas from proudly stressed how he believed the days of the bretton woods system were coming

to an end. and also pointed out how the dollar was losing its weight as the global reserve currency. another important aspect, russia has always been in favor of more predictable gas trade. for years, moscow has been insisting on the long term supply contracts. now though, the ceo of gas from is saying europe is suffering from empty gas stored sides and soaring prices because it kept refusing to sign long term deals. this policy is something that russia warned against for a very long time that we took, goshen settlers, portion of europe has abandoned long term contracts. that means that for those long term contracts that have not been concluded or extended capacities have not been created as a result, spot markets are a liquid. we warned europe about the consequences we were asked to build lord street to we built it, but it was not certified for him. his name. now gas problem made headlines earlier

this week when it cut it's gas supplies to the you through the north treme pipeline, down by 40 percent. this immediately led to a spike and gas prices. now guess why that happened to cut the long story short, the siemens compressor units were sent for repairs to canada, but they couldn't be sent back because of canada's own sanctions against russia. so this was another example given by gas from c e o. like say, miller, he stressed how the western countries were shooting themselves in the foot by slapping russia with sanctions. the 2nd speaker alexander nova crush his deputy prime minister also sent out an important message to the west. he said that in the near future, the current tor violent, all market will depend on how crude supply chains will be modified. mr.

nova said that russia will definitely act fast to build the required infrastructure for extended exports of washing oil to consumers in the east. and this is russia's answer to the current situation. the deputy head of russia's energy ministry sees the you appears to be losing sight till the needs of its people. during the past few months, we've been experiencing a completely distorted energy market, which has been, was, had made, you know, it was not a natural, it's not a natural state of the market. when some countries tried to limit the freedom of others to trade. and besides, you know, the losing side from this is the consumer. so ultimately, the european union is the biggest loser because united states has it, has a fairly developed oil market while, you know, while european union is an important source, any such measures, they ultimately lead to distortion and inefficiency in the global energy market on

the midterm. and in the long term, there is a shortage of energy. and so basically we needs to be reasonable suppliers. we need to be responsible suppliers, which we are so long to supply. what we're going to supply to those countries which are ready to work on market terms without all these artificial instruments and all these artificial crutches which are being put in place by somebody's dishes. yet despite boy celt from a number of western officials and business men, foreign guests for more than 100 countries are in attendance on the forum, seeking to clinch lucrative contracts. some help already achieved that goal with hundreds of millions of dollars in deals already signed off on the events opening day. archie also got the chance to speak with russia's foreign ministry spokesperson in st. petersburg. mary, as a heart of us in the u. s. isn't concerned that the sanctions against russia hurting you, economies as it reduces competition with arms and is up of them. isn't that nice to me?

yesterday you spoke with western journalists. there was even the little dispute. how difficult is it to talk with him? he met his goal at it, when absolute i did not go or it's absolutely the same if you stay strong in your positions than it's possible to change that we have our position and it's unchanged . it has its own values and meaning and is based on facts and reality. that's why western journalists are worried and i'm not, i know my task and understand what my personal beliefs are. of course, the intensity of our work has increased because so much fake news has emerged. but this is more of a problem for the west for its liberal society because they are filling themselves with so much disinformation that they are simply losing their audience. they are eroding even the little trust their audience has for traditional media. they're hiding so much in the reports that people will soon simply start to disconnect from reality lagging at gaga. and i also believe when western journalists come to your

briefings, they continually make accusations about russia void and international law. there's a sensation that they're trying to get some kind of confession from you. are there any mistakes in the military operation that official russian representatives can admit to see here what mislaid diplomacy says dylan is not no brow. but when, when our national justice system stipulates equality of all before the law. if someone considers themselves above the law but chooses to remain within the system than the system doesn't work. when i hear american shouting about russia or making accusations about not observing international law, i have a question for them about whether america is observing international law and to what extent they are actually interested in preserving international law and how much they have undertaken efforts to destroy the international justice system, every government can have its own views on international processes. and russia recognizes their right to own policies and views. but they are not letting us do

the same. they are rejecting our national policies to preserve our national interests. these are sovereign domestic and foreign policies conducted in accordance with international law. i believe the time has come for us to stop having to continually justify ourselves and to simply present our grievances against their liberal system. which has led the world to the brink of a global collapse by unilaterally imposing sanctions that reflect upon themselves and impact other regions in the world by supplying weapons to a country. that for many years has been killing its own citizens and has done everything to destroy international law. we have responded to the sanctions, very pragmatically, and the situation has turned out in our favor. i am confident that the us previously considered the consequences of the sanctions for the you and figured that there are permissible opinion. it's actually in the interest of the us to restrict the capabilities of the you because the u. s. doesn't want any competitors . so hitting russia and letting that ricochet back at the

e u as ideally within the u. s. plans. so he's got the both sheila's house that wasn't journalists can interview you at your briefings, but i'll see can do the same thing with other officials abroad. both of them all without wrapping up my sickness. while this is an issue of free speech, you the west is refusing to allow us to question them even going as far as to block our t as a media outlet in our country. the situation is quite the opposite. we're open to any media, but when our sanctions opposed against us, they are giving us accreditation. they're not giving us visas and we're imposing sanctions and response yet. but what that, what, what that means is we read them. the one is a good, we see how much pressure washington is trying to put in other countries and how it's trying to force them not to engage with russia. do you somehow feel this from your own colleagues? pocketbook? yep. mine is pretty much, oh no. well, they understand that their own countries are the one suffering they suffer from the

policies of their own governments which ho bay the will of washington and aren't allowed to sell goods to us or jointly produce what both day and we need. you. marie has a heart of a speaking to ellia. patricia will indeed from $1000000.00 deals to chance meetings on the sidelines will make sure you don't miss the moments. the mother of the st. petersburg international economic forum or weekly me this and other story where a cost to day in a bid to check staggering inflation. the u. s. central bank has raised its key interest rates marking the biggest one time increase in decades. the federal reserve raise the rate by 3 quarters of a percentage point pushing its benchmark rate to arrange a between $1.00, a 1.75 percent. the height which will affect consumer and business loans, is this 3rd since march,

and the biggest and almost 30 years. we spoke to economics. professor jack robins, investment manager, mitch fireside optimism about the move was in short supply from both met they feel they've um, almost lost control of inflation and the markets and investors have been pushing the fed and the government to get more aggressive to raise rates. and that's what's really behind all this, but you know, it's interesting. i listen to jerome this morning, you know, and the chair with a chair and he indicated that, wow, this is really about doing something about demand driven inflation. and you ask, is the fed really can't do anything about supply? well, the problem is supply i'd problem is the commodities inflation that's going on now managed to do at the war in the sanctions. also has to do with supply chains that are still, you know, in trouble after cove. it has to do with supply chain issues with china shutting

down because a co for a while and it has to do with speculators. i don't know how it figures that the doubling interest rates as fast are going to avoid a recession. there's no doubt there's going to be a recession in this country. just a question of how soon i think we're in a recession, but i think the recession can get much worse. because i think the consumer is already tapped out pretty much people's wages haven't gone up to compensate them for the amount that the prices be. inflation has gone up, so this is the mismatch. and the problem of interest rates going up, it makes the problem exponentially worse. so can consumer spending should slump even more in my estimate, which will cause a worse recession. and i think that they've taken inappropriate measures, had they done things properly a few years ago, they could have avoided this problem. but the biggest problem is we print money out

of thin air for over a decade and inflate your balance sheet to ridiculous levels. and in the federal government starts spending money by printing money. you have a problem and that's why we're seeing epic inflation everywhere. what separately the u. s. has extended a waiver to allow certain energy related transactions with the russian companies to take place until december. the 5th stop is the same day. it's a significant date because it's the same day be in you and tends to start enforcing an embargo against seaborne in ports of russian or ortiz. rachel blevins has been looking at whether the west initial all our punishment approach to moscow has paid off. now, when it comes to the numerous things shows that the u. s. has imposed against russia, there appear to be more questions than answers starts to feel the impact of their own measures. just months after washington announced unprecedented sanctions against moscow. well, the media now admitted that the binding ministration is concern about the effect

those measures are having at home rather than abroad from soaring gas prices and inflation. your concerns over a global food crisis. the united states right now is really hurting, and that's just the beginning. in fact, even officials from the us treasury or no admitting that they're concerned about the over use of things against russia. all of the reports are saying that the u. s . government is even encouraging american companies to purchase russian for fertilizer in order to increase supplies overall. but i see the question of whether that would violate distinction. the u. s. currently has in place. well, the answers are not entirely clear here. the story that the sanctions are causing the problem i think is deeply misleading. sometimes companies are confused about what's allowed and what's not. and we will try to clarify so that they're able to go forward. but we are also working proactively by trying to inform companies about

what they are allowed to do. now, as for the question of who is to blame for the current prices here in the us. well, president biden has tried to put the blame on everyone from russia to republicans in congress to even former president trump, essentially everyone other than himself, even though biden's own approval rating continues to remain your record low. ukraine appears to be sending mixed messages about its military targets. after the country's top general said, the curt, straight bridge linking the russian mainland to mia could be targeted. he added that the crossing could become the quote number will name, since it provides a way to deliver resources. the claims contradict the ukrainian president's previous promised that key of would not attack russian territory upon receiving western weaponry. the church street bridge is target number one for the ukranian armed forces. this is no secret of their military or our military or their

civilians or ours. when you have fired at rush in territories across the border. no, we are not interested in selling civilians. we are not terrorists who shall civilian neighborhoods for major general marching coast threats came right after the u. s. president approved the largest military aid package to ukraine since the beginning of the war. another $1000000000.00. he, if somebody's been there though with president zalinski now asking for more powerful rocket systems, which the u. s. and nato say and ready to send for messiah analysts, john kerry, aka believes washington wants to keep the conflict going. as long as possible, the united states makes these these policy decisions to send millions and billions of dollars of arms to ukraine. i don't think that they care on capital hill. what

zalinski says, or whether or not bombs are going to fall in on the russian side or the ukrainian side. i think really all they care about is making sure that u. s. defense contractors continue to churn out. weapons to send to ukraine because they get paid for them and they keep the economy going and they keep americans employed. so as far as the u. s. is concerned, it's better for the u. s. if this war drags on as long as possible and the u. s. can make that happen by continuing to supply weapons and weapons systems to the ukrainians. china has overtaken the u. s. as the foreign power with the biggest positive influence in african. now that is according to a survey among young adults in the content. let's go through some of the details. the survey was conducted among those aged $18.00 to $24.00 and a total of 16 african countries. it found that 76 percent off that group in

consider china is activity as positive for the continent leaving 2nd place to the u . s. which had held the top spot in the survey just 2 years ago. the results show china is rising influence on the continent with investments, infrastructure development projects and affordable chinese products listed as the most positive contributions. me, china is a better friends in america. i think it's china because it believes in giving and receiving better with china and tony, shut it because i'm with china is better because it could take over the world economy in the future. i believe it's better to be closer to china than the u. s. in the current reality, it's preferable to work with china taylor, but i believe it's china. i think china can help african more china is better because it brings its talent and know how year the u. s. recently sent

a letter to 14 african countries urging them to reject grain imports from russia saying the food was stolen from ukraine. as much of africa, struggles with critical food shortages, bringing some areas to the brink of famine. the white house spokes person has admitted the us wants to prohibit sales. great. what i can say is we are working with other countries to prevent the sale of grain that has likely been stolen from ukraine, from the chairperson for international relations. the african national congress youth lead to share his thoughts with us on why public support has shifted from western countries to china. is found china to be an honest country to do business with in comparison to the west, which when they arrived here, they did not even see us as human beings. but instead they plowed our mineral sauces. they are the ones that bomb to heal shima. they're the ones that got fact

she just to test a nuclear bomb and just to protect him. lasha. so we asked students of history. we understand what the intention has been. they have been everywhere in the world where there's been a lot of the sources, an image not to do business there. but and could, can they joined that people of those kind of those countries. we are saying that we are going to have relations with the russian people, whether american america loves it or not. we will not be subject to western media, would try to came to the chinese people as a bad people who are in africa to do wrong things because we can visibly see here to help with development. and that to be here. and they see as if equals, who they can enter into business with, not the people that they can spin from now from neo nazis to some of

those beloved members of the community. next, are documentary healing from hate chronicles. how such a change came to me? ah, ah ah, today i'm authorized to additional strong sanction foreign companies,

quitting russia, design to one. thank you. this client atm cause of blanton bangs disconnected from the international payment system. so she'll move happy. jermel donna and euro exchange rates follow up on a jello bill up article more so. so carbon would know what the committee met. evoke missed the pillar, invest that is the current. can you say i don't know. sure. see, and metallica was, was russian business overcome this song? see, yeah, i bought italy nasty to huddle. she's tremendously just me. don't impress voice bullshit. nash a productive, not to steal nash, a miracle. what i see, i put themselves when you come, when you with the good you got any a difficult when you on yesterday with dr. new flison, who is a school some delusion? look a little bit, you know, the mutual levels ah,

with as much in as a minute. i mean usually a little boy and a border with my listen look and you live most schools. if you look on the initial be one of club masika dealer post on zillow, well, i mean, you can use to put value a new new day or 2, but you also still listed on those of your lewis. i have okay, i didn't have that much of that going on with what i see the student both. there's no room you motivation says distance due to dumbbell sub with

i was standing in an alley smoking a joint one day and a man came up to me and pulled a joint from my mouth and he said, don't you know that that's what the capitalists and the jews want you to do to keep you docile. and we are violent towards those people because we believe that we're the superior race. we're here 1st and this is our country guns, ammo, steel, toe, dark, martin tattooing violence justice prerequisite to enter or exit free. walked off like i could see this look in his face. i've thought it fear like he feared me. being part of that moment i got to feel a sense of power. when i felt powerless, i got attention when i'd felt invisible and accepted when i felt that we had a strategy.