a joe biden imposing these sanctions on russia has destroyed the american economy. so there's your boomerang. ah, a serious protesters in sure line because the capital storm, the president's home over the government failure to pull the countries worst economic crisis in decade with this is called a lead mud. and they are all over a correspondence to explore. so once in battle, doyle refinery and, and against the city, oh, i need the chunk way. he discovers schools and fan issues that were allegedly planted by ukrainian troops before they fled. a,

china's view on gains ground only us all as a new survey shows 85 percent of the will central bank side. the whole point tend to hold the chinese national currency with it's 4 pm here in moscow. this is all the international with all your global news. thank you very much for joining us. i'm charlotte agents are now at least 16 shoreline can lawmakers from the ruling posse have called on the countries president to resign. his official residence in the capital city has been stormed by thousands of protest. us. 6 0, good to buy. i tell him so is said in hiding more than

a 100000 demonstrators reportedly filling the streets around his residence in colombo, on saturday. they want the president to step down over his failure to curb the country's worst economic crisis in decades. meanwhile, shall anker's prime minister has called an emergency meeting with political parties to try and work out a solution. now, many of the demonstrators who stormed the residents were pitching, making themselves at home. some were even taking a deep in the precedence pool. others enjoying the cushions of his beds. and so 1st several shall, ankin know makers were also spotted amongst the crowds outside the residence. he is . one of them said to the media people lucky langa has all got together. you write it together. i without being aligned to any particular parties, no independent. no. oh no, on the own i did what

a common course. they say the government must go on the go about separate must go home. people don't have for they don't, i will. they don't have gas for people on the road snow. so here the people you can see the i it goes on here and the garden money trying to control them by using gas areas gas, us. and we hope for the best. they had a big thing called though all of them off of grid for these particular you, anybody taking place here? now early a riot police use t a gas against demonstrates is a bit the clashes across the capital. at least 39 people have said to have been injured including 2 security offices. a coffee was imposed on colombo on friday, but it was later lifted due to the demands of opposition forces. now sure lanka has been reading for months of violent protests over what's been

called an economic disaster. the country is essentially bankrupt and has defaulted on its foreign debts for the 1st time in its history. so inflation 9 to keep shortages of also prompted the government to rush and fuel and other supplies. well, let's get more on this story now and let's go to live to our guest and nandan nutrition, foreign policy expert at the observer research foundation st. tank. thanks for joining us on asi international, noting your purchase is, is broken through the prices it's residence. we've seen those incredible scenes happening that was this level of frustration and anger ever expected, given we know how many problems the country is currently experiencing. yes, i would imagine, i mean you have to recognize that the, as i've been going on for 3 months and the economic situation as genuinely wasn't day to day. i know some people have to stand and use

4 bedrooms for 5 days to be able to get a few liters of betral. so i think that you can make frustration as reached a stage where the frustration with the current administration just spilled over to the street. in fact, you must remember that the agitation when it started 3 months ago, the slogan was going to go away. so gentle. now the president is gone, he's on a ship, boston sri lanka. navy will please resign. there's been a sense of desperation over the last few days from be sure, lincoln president, even calling on russia to help with this crisis. why do you think the government has failed to mitigate this particular conflict? and what do you think it could have done perhaps to have avoided these incidence? well, one is,

i think that she long ago was very bad leads by the covered pandemic. after all, she, lunk, us arrives primarily on tourism and that affected that economy bad. so they really did to on foreign exchange, to pay for their import was severely embed on top of it. i think there was a certain level of economic mismanagement, misuse of the foreign money that they were getting. and right now they're seeking help from all sources. they're talking to russia, they're talking to i miss. india has given them several $1000000000.00 in the past few months, so they're talking to the chinese and the chinese a ramos to give them something. so right don't, it's a very, very desperate situation. and you said that the country is mainly reliant on

tourism, which is hit by the pandemic, a guest choice. now looking at shank and thinking perhaps that's not a destination to go to. so perhaps more bad economic news on the way. meanwhile, party leaders, they're asking the president to stand down. do you think that's going to happen? and if he does resign, is this going to improve the situation in the country and will have an impact on regional security that the protests or the asking not only for the president's resignation, they are also asking that the current prime minister, the prime minister, run, it'll become sing it also step down and miss rica missing it and said that he's willing to step down and make way for and all bought the new internet government to come into place. the important thing here is that in the absence of any legitimate, in that sense elected authority, it is important that she longer does not slip into chaos and the measures of the

political class to stabilize it. i hope that if i, whether it's an all party government or whether it is some other age when it is important that you asked me about it. if there is definitely impact security in the region, there's already a sense that there is somebody in the wings waiting to be the new president. the parliamentary speaker has also stepped down. can you talk us through what's going on there? well, at the political level, what is happening is our busi. there are a bushel admissions of many politicians to try and take advantage of the crisis for their own game. but there is also a recognition that this may not be necessarily the drive to try and project was mission. because you, as everyone seem today, the anger of the people is very difficult to day. and therefore,

the solution that it all body level for the political class as it bordered and i think they will attempt to pull together what would not normally be called a national government or an all party government to try and died or the crisis. i guess we'll see that how that plans out to the next few days. you mentioned covey didn't, how that i disrupted the economy, ensure lanka, how is the current global economic situation with the traditional supply chains that have be massively disrupted as a result of the changing? well, we'll do at the moment. and of course the, and few russian sanctions is this having any particular direct effect on show lanka? yes, definitely. i mean, the price of given us where the are, you can obviously the prices are only hurting them and their inability to get of

oil into the country is exacerbating the crisis that they're going through. that is why the younger government recently appealed to president boynton, asking them, asking russia to provide credit for why purchases. so far. if there's, there's been no response, but something like that will be required to stabilize the sri lanka. otherwise it will definitely blunder details. now shank is not the only country in the asian sphere that's having problems at the moment. allow is also facing an economic crisis. do you think you can see this kind of things, perhaps snowballing, even further across the continent? you mentioned some of these issues to do with oil and gas, getting through to sure lank. it's clearly a problem elsewhere to yes, it's not only restricted oil and gas, there are other items green which is very important,

which is also being affected. there is also the fact that the prices of essential commodities are growing on the back of prices of some of the natural resources going up. so although i think the developing countries typically are not in a happy place, konami group, they also do not think that the entire blame while the situation can be put on russia and russia was with your brain. there is a cause or contribution by the west, which has been exacerbated again by the rigid sanctions that have been placed on russia. so overall, the developing world is quite unhappy about what is happening in europe. what would be keeping a close eye on that? hey, thank you very much for joining us. that's non d. new christian is a foreign policy expert at the observer research foundation. think tank. thank you

. ok. now, meanwhile, in east africa, the dire economic situation has also provoked massive unrest. hundreds of kenyans have taken to the streets in protest at rapidly wising costs of living. with many say they are increasingly struggling to put food on the table. the government is playing the crisis on the conflict in ukraine. 8000 kilometers away saying it's affected. prices will around the world costs have been surging with the price of basic food stuff such as flowers, sugar, and cooking on which i doubled in recent weeks. now protested, have blamed the government, who the economic hardships, thousands gathering in front of the precedents, administrative building to express outrage. some claim that the government has been treating them like slaves. i

don't want to leave my legs, not what to do. i know fine children are starving to death, and honestly, we are suffering simply because we cannot afford even a pack of corn flower. even the most common fish produced in kenya is now too expensive, but it does force, does members of the community to come out of our houses and bring to the attention of the government that the cost of living is daily rising on it is now hunting us many families are slipping hungry. we have the underprivileged populace that are not finding it hard driven for poor report food on the table. we want to ask the government that they must now come forth on douglas, this issue, ah, that's head to the war in ukraine. now in the front line olds, the conflict where dentist authorities have said that ukrainian shelling of residential areas in the republic on friday killed at least 3 civilians. not

included. one incident in the city of go to lapka, where the local man released images of the attacks aftermath, residential buildings and public infrastructure are reported to have come under fire, wounding at least 11 people, including 3 children, the capital city. jeanette school is also targeted with 2 women reportedly killed in the shelling. in recent days, a total of 7 civilians have been declared killed following ukrainian military attacks. next a report from our senior correspondent, he's been visiting an oil refinery in the once in battle city of lisa chance in lou ganske. now the city is at the moment under the control of russian lead forces, exploring the facility. the artie crew came across what appeared to be an abundance of prohibited land mines that she has had vow to dismantle, in accordance with international treaties. let's get more now from ortiz,

mary kaski, f. ah, the don bass is a beautiful land cooker, green and verdant. but it burns fine, wide violence mangles the horizon here that violence is centered around the leash. he chanced oil refinery reaching here was neither schafer nor easy. this is a vast industrial zune surrounded by open terrain of firing range for artillery. industrial complex itself though, is incredibly similar to mary. you bulls, infamous as of steel, plant warren have buildings toddles and defenses. just as they did in mary, you pull here at the least chance all refinery ukrainian troops here,

the nationalists, they, they built a real fort, were covered with foreign positions. they left here as they did marble without much of a fight. but when russian troops and allied forces came in, they were met with a storm of artillery and rockets. nothing has been sped in the endless shelling ukraine has thrown almost everything in its arsenal at the refinery. as i say, the situation of felicity chance cooler finally remains very tense. ukrainian har tillery, i'm multiple rocket launcher systems grad. we're gonna keep pouring out the wall refinery in a beads to sloop. the russian advance in the area of the plant itself is enormous. but you can literally just point the camera in any direction, wait and 15 minutes and there will be an impact. oh,

it isn't just the sky and the shells screaming through it, the dangerous. but the ground itself, we were warned in no uncertain comes to watch our every step. now these here is a particularly nasty thing. this is called, i leave my or lip a stalk in russian because obviously of the size and shape of it in the color are there were reminiscent, have i leave. it would be now on impossible to spot this in a wooded area. the explosion it produces, if disturbed, is enough to tear off someone's heel. and these are all over the oil refinery. the ukrainian military has been spreading these all over the place. ah, careful, careful, careful. spreading these all over the place via oregon rockets,

cosette markets, which open up and drop hundreds soldiers, he a shed a video with us showing what would happen if you set one off or this is what it looks like. a piece. there's a container in this section of mine which is, which is thicker. if pressed the to birth and the destination happens, it is possible to disarm it. if you pick it up very ever so gently, ah, ever so gently, by this part, the thin part and unscrew veteran. these shouldn't even be here. ukraine had signed and ratified the auto mind ban convention. these mines were explicitly band, if the sure the international community that it had the shrewd it stopped paul's

what's worse, these are old soviet make and lack of a vital self destruct mechanism. the triggers are for 3 or 4 days, these could potentially stick around for decades. militia, chance all refinery is thou relatively far from the front lawns. the thunder and roar of bloss here is surely waning. but what happened here? the blind mining of dozens of square kilometers of industrial property of farms and fields will haunt this place and the local population. for years. more against the of r t, from the la guns people's republic. central banks around the world are becoming increasingly keen to hold chinese, you on as a reserve currency that's at least according to the latest survey by the swiss economic powerhouse u. b. s. countries have been seeking to shift their currencies from the dollar in

order to be less exposed to the u. s. dominance over the global financial system ortiz, rachel blevins expense. the us dollar may still hold the title of the world's reserve currency, but its biggest competitors continue to gain ground, especially as washington steps up its attempts to use economic power as a weapon against countries. it doesn't get along with my law. the u. s. has been turning up the sanctions countries like china have been on the rise. in fact, going to the latest annual reserve survey from u. b as 85 percent of central banks say they either hold or want to hold the chinese you want. and that's no coincidence as mainstream analysts admit that washington's campaign to target and isolate russia this year has led to concerns that other countries will be next on the list. and that they could receive similar treatment if they don't go along with demands from the u. s. as

a result of the current economic climate, central banks average share of us dollar holdings was 63 percent in june, down significantly from 69 percent in 2020. want this as other countries, such as argentina and iran, have expressed interest in joining the bricks group of countries, which as it stands right now represents around 40 percent of the world's population and 25 percent of the global economy. so useless together with bricks partners. we are developing reliable alternative mechanisms for international settlements. we are exploring the possibility of creating an international reserve currency based on a basket of bricks, currencies. and with the western campaign to isolate russia from swift, moscow's alternative payment system has only continued to grow and now works with more than $50.00 for an organization from 12 countries. this all comes as china confirms it, is in the process of creating a you on reserve fun with indonesia,

malaysia, hong kong, chill, a and singapore with each country planning to contribute around $2200000000.00 presenting a clear challenge to the dominance of the us dollar, meanwhile, countries like egypt are also looking for ways to survive without the big buck. as cairo sees the ways in which the current sanctions against russia stand to hurt its own economy. russian tourists are also among the biggest spend is in the egyptian tourism sector. from that perspective, it makes sense for egypt to try to maintain these relations. the only way to do so under the current sanctions regime is to bite the us lead financial system which has become unduly restrictive. and despite threats from the u. s. other countries are continuing to do big business with russia, with reports noting then an indian cement company may be historic purchase of russian call and you on rather than dollars. that could also be the case in the future for saudi arabia, mid reports from earlier this year that the nation was considering one day selling

oil in china as currency which would have a major impact on the energy industry. it comes as no surprise that the u. s is not happy and it has been critical of all threats to the dollars dominance. we wouldn't like to see mechanisms that are designed to prop up the rebel or to undermine the dollar based financial system or to sicken vents of financial sanctions was started as a trickle is beginning to look like a stream and then all comes in response to a u. s. government that knows exactly how powerful its currency is and has been years working to weaponized it against other countries. the only problem, all those countries are now starting to show there is strength in numbers as a pushback with increasing power. the problem is that there's a real there's a real split in where the united states should go even in washington dc. i've been identifying i, what i think is a sincere split between the federal reserve in the commercial banking interest in the u. s. and white house policy, i know,

and us treasury policy. i don't think those 2 groups are on the same page. and i think there's a very strong group of people within the us who realized that having the world's was our currency is a burden. we can no longer afford to have and lar, encouraging this kind of d dollarization. the big question now is, when will saudi arabia break their currency pag to the us are once the saudis do that? i think we, we want to want want look at that as a kind of step function in the the rate of d dollars ation. we're going to move into a different regime in terms of goal was ation of other currencies. now china's dominant things sola panel production is a threat to the west screen agenda. now it's according to a new report from the paris space international energy agency, which once western countries to rapidly increase fair share of the industry. now china produces more than 80 percent of the world's poly silicone use to solar

panels that a fraction of the cost of west and compact. it is, but the international energy agency has cautioned that the e u and u. s. shouldn't depend on those supplies and should instead boost their own manufacturing, particularly if the e wants to reach it's 0 emission go within the next 3 decades. it's also called on the u. s. could drupal it, solar panel production reportedly to avoid trade policy risks with beijing. china has been instrumental in bringing down costs worldwide for solar power, with multiple benefits for clean energy transitions. at the same time, the level of geographical concentration in global supply chains also poses potential challenges that governments need to address now as well, struggles with the severe energy crisis due to a disruption in supply chains. the thought of china controlling it,

developing energy sources, apparently raising west and fears. but whereas the u. e. u. previously accused beijing of ignoring its screen agenda. the goal of reaching 0 missions by 2050 could now rely entirely on china. independent expert under lung says, china's role in the global moved to green energy is vital. time is the was manufacturer, and the biggest trader, and $130.00 companies supply a lot of compare with 7 united states. so trying to embed it in the world, the buying very chain, especially on the energy of the green energy. i mean, the solar panel, all, all the, most of the world's manufacturing sorta, panel designers, together with kind of special mechanism minerals. most of them are in china.

so i think that this is the reality. and then the irony is back in the united states, there was a cam saying that i still don't have the recipe of climate change and best of interest in oil and also bills and most of all the don't have the infrastructure. so the more affordable solar panels your benefit to the world, but in this age group, all power, great power rivalry between charter united states and china. and a lot of these kids on this campaign, or even china. wel, that's all from us. they say they say when they're here on our team to national will global nice feeling around 90 minutes with

the ah, the middle east conflict in the city and caustic, the under development in africa. audience automatic donasia. interestingly, none of these are being raised in the past. 6 months, so not to indicate that no matter has been shipped in ukraine. so that is more robust than to us. you know,

be also not a problem. need to be there. with over the past few weeks ordered thousands of additional forces to germany and phone as part of our commitment to nato's eastern flag allies. with using it. it be that you it was back in pacific scuttled i me believe so. i use bleed issue unique and you still live? not all shewn would evening. mushy. hold on that boy. is that much g e s for more question, marcia?

ah, couple spaces with in boston. yes they did. you pick your shows that was with begin on february, the 24th 2022, president putin delivered an address on the situation in don bass. i'm opening it. that is sure you're already doing it. sally. why? gimme a garage you'll soon as she to louie copper in the parties, when you buy, smith undergoes easy writers, them in that symbol certainly keeps collision. decision to deploy troops was taken up, it was clear that full scale, ukrainian aggression in dom mass and crimea couldn't be avoided. this was corroborated by intelligence reports. and we that means that teachers can use up with this when that should have been through bure.