the greatest finance. so institutions without the backing of the dollar or the iro, in the same way that you might have faith in the early seventy's and link it dollar insurance front available gold reserve, south america would partially eliminate the dollar as an anchor off it. economic activity, in any case, it could be irrelevant. it's that for was in south american into ration in that range is 30 zation of the economy and in the weakening of the dollar s as in money currency. that's our up on this ours top news stories from all around for more up to the minute news updates and content head over to r t dot com. and don't forget to follow us on odyssey rumble up. thanks for tuning in. we'll see you back next hour. ah,

with me hello, welcome to was a part united we found divided. we fall, this ethos 1st articulated by a sub has been central to the evolution of the western world view. having been involved in context as diverse as the bible sermons and politicians species. and. * while the west still sides unity as the backdrop of its international policy,

brazil, russia, india, china, and south africa has started to explore a different approach to unity. the one that does not require the sameness of values or uniformity of action calendar will be re united through divisions or to discuss that i'm not joined from pretoria by the key. so could by a research follow at institute for african thought and conversation, it's combined great to talk to you. thank you very much for your time. i. if i do have also a associated with your needs. and i'm sure that and see your expertise. and that's why this conversation will be even more substantive. now, i know that through both of these isolations, you explore your academic interest in breaks. and as i suggested in my introduction, the countries that make on this group as well as those that are interested in

joining it has very different national identities. they have different forms of governance. they have different value systems. and yet somehow this group keeps arising in prominence. despite all those differences, divisions, distinctions, what have you, given breaks, lack of insistence on unity, what keeps it together, a governance and financial right now. no agenda is very much younger than sooner today, you know, a just a and they're all each, each one of them. and they

do all that. then maybe how much is corporation and so not so much an issue at this time. what a bit of a whole, you know, it's more potential connective like minded wonder. and you'll also learn a lot of the biggest challenge with that. then you're not that big to get you mentioned the origin story and i think,

i think it's pretty remarkable because as far as i know, the 1st time this breaks metaphor, this breaks a traditional was coined, it was actually proposed by a goldman sachs trader who essentially proposed that as a marketing ploy to sell the shares of developing countries and slowly but surely then evolved into a viable organization 1st by regular to regular meetings, all foreign ministers of those countries i'm down through the summits of have the state. so essentially it was something that came out of our western financial system and he had a volved into a distinct north western grouping. what do you think allowed for that movement to happen? i would, you know, that brakes does not come from the gym when they came together. i remember

that they're in the, in triple and so no, no, no, no, and the expectations for know in the next one, something you will when they, when they run up on the same time, you're being false. so it came to be the brakes around the 2008 in global financial type. now i know that there's a gym or need to get on, you know, buy some issues about mistakes. i made a mistake in picked in order and you know, we had a big, big speaking,

you know, like you know. ready who may just say she believes that for development agenda and they came together for doing year being because a my mission a human being a, a with a no, no, no, no, it's a walk around the world when missing by let's just explore this piece is because i, you know, you frame it as coming together of people from the entire world, but the world,

if we are on as has been divided into various tiers over the last couple of decades . and certainly if you look at the global financial infrastructure, which i know is one of your interest, you know, it aspires to be global in its reach, but it's highly centralized in terms of accumulating power and accumulating benefits. and no one could argue that one of the reasons why rick bricks came about and. 6 1 of the reasons why we have so many tensions and imbalances into, well this because some of the western countries have known, the entire western block insisted on keeping its privileges. 9 only to it's out and that speaks about the, you know, serving the interest of humanity. but if we actually look at the way the global financial infrastructure is, is designed it privileges one camp and not so much and the other.

do you think this is something that is natural, it just happened historically or do you think it was designed that way? specifically to encourage the development of song and hamper in the development of others a different if you look at the dimension a by any meanwhile. ready from any point, i mean, you have to face in the ambush and of finance, financial technologies, and so i have to call him no one will give him something. no, no that many developing economies do not have his yes together to say

that connected, we can do something to influence the situation know it any more or i could take him to the. busy just off the bus, you know that if i all the time it is, it has led for many new is it due to, you know, it's funny just some wrong. it's inception. they called me and decided that where where to try and achieve more governance.

we need to get more voices multilaterally including that financial. if i may add something and let me know if you disagree with that. i think that sort of dr. has intensified with the stars of the russian operation in ukraine and the introduction of various whipping financial functions and tre sanctions against russia, which came to her not only this country, but also many other countries. and i've heard many analysts suggest that with countries like argentina, egypt, saudi arabia, iran, expressing the intention to join bricks is truly becoming a platform that explores and tasks, ways of doing business sort of circumventing the western financial institutions. and you know, the streams that. a i'm a touch with relying on those western financial institutions. do you agree with that and do you think that they're still then used to do business in the world?

second granting develop on countries? joining us is becoming it is like why, why, why do you think and how you doing buddy? business shed and agreed there is no one power in there. but in the thing the country decides it does look like it was ition. then pretty much we should take it. so it went on that's a bit about development agenda. know comes in the well. so no region in the world, one for the main away it was a 100 years in the world was investment for

people in the region in the world, one know 2, and it will finance enough to invest in research and building in the technology thingy. but does not think so. no, we need to come in this. well, we need to say come in, you know, from the lens. know if the school meet you and the total of the management. oh, my musical, my i have to stop before in just a 2nd because we need to take a very short break. my team will return to that subject in a few minutes. they can ah

ish, which affordable tens of thousands of years. can you give us important information into our climate and how it has changed over time? what a scary is our glaciers are melting at an alarming rate. to learn more, we came here to help us to speak to victor a couple of years ago. challenges who devoted his entire life to the topic. it is a fascinating at times dangerous and very important job with the me or the welcome back to was

a part with make the the case of go by research. paula institute for penn african thought and conversation that took my before the break. you mentioned this strong drive by developing economies to industrialize faster and in a more varied way to ensure a safe guards against external shock be depend, downing the war sanctions. what have you, is it only about faster and more secure, bro, for you? or isn't it also about national self? who has sort of literally the right to develop. but those are the right to develop in your own way to want to be abroad of progress at your own pace, in your own gay leg agent, or by your, your own country into one

way. your head, you can let joe know 5 countries differ from is different. so i need to bend in this country. so you would want to live if i meant by that a difference in the amount in terms of investment needed for your individual country. but he's country head so essentially feeds in energy a

determined by the mystical by this is exactly what the concept of sovereignty refers to, you know, in doing things and aspiring to 2nd goals. but in your own way, sort of do, we all come from different parts of the world and it could be argued that we all appreciate similar things, but we axes down differently. and i wonder if i have given any thought to how various countries can set up cultivate these appreciation of local conditions in their own population. because sure, we all want to achieve certain pragmatic things are living standards. but we also and deal with very significant soft power influence of the west, which comes with, you know, pushing its own values. all narratives are own interest on the other populations. and it's very easy to succumb to this temptation that you know,

are the nation's way of doing things is more attractive than yours. that you know, grass is always greener and the other side. have you thought about how to sort of cultivate this appreciation of rascals? weighs in people, or some developments a, a, a, a condition. this is what we do with a chinese facing you know, the challenges that she development in progress is beginning to one

on one channel. we think on the african union, there's what a position on, on the agree with you on it, what by the applicant function and just say that then one should you know on, you know, why did one on the other hand has been up all the interventions inside the main thing given is you know, some of those on fine and under conditions is 0. i did, you know, or minimal conditionality so that you do not have

a country. i need to make sure that it is viable. make sure that the project that people but it's been too. ready not to tell me in this one way. why not? that is what, let's just say that we have to look at it differently. so what you're going to buy in gauging. that is why i think you're not the right now. it's non interference. you know, in 10, by honest, but you know, we do have a responsibility to many developments. and with that one corner there was that was affluent for know,

and i didn't mean that development for that job can be well speaking of we, i can ask here someone else. i think a question, but i'm a big fan of i can tackle psychology and i think fairness is, has an archetypal appeal or meaning that regardless of cultural differences, people have an innate sense of balance of given take. and even though many western countries, the most african countries, even sounds as a gibberish, i sense from my, travels around the world and from my conversations with people around the world that at least in part of this resistance associated with western. well, you asked to do something these with this somewhat boy, if i could shoot towards the rest of the world that you know, many african countries have practiced not only over and they can,

but over centuries. what do you think about and do you think the west historically has given as much back as it has taken from the rest of the world? a to the people where it operates in countries where it operates? a, a, a, a, a b, a every year for my a project.

now what do we have is that, right? you know, maybe you're not into the continent a, a, a that comes to the point and then also with that we bring, we give money, but our companies will be the ones that provide product. so in the end, why does the benefit that target is so i'm not too sure. you know what giving back by there was to africa actually been recently attended your conference or that she doing things right. i mean, this is your opinion

where you, where you have a development in a different way we need to give up and why we should have been doing things in the way can in fact they've been challenges. and so after that, you know, in the next fight it was, you know, what i mean with them for, you know, that if it is not so essentially what you're suggesting is that an authentic philosophy of when, when they're the idea that if you actually miss truth your neighbor, it will come back and hurt you and i think this is what you mentioned, those western economists, but it's. * well known, the africa, you bulge could be an opportunity, but it would also be a major risk and not only to european economies if the migration is on control,

but pretty much to the rest of the world. because everybody in the world, once a dignified life and the once you know good prospects in life can i ask? yeah, very, very fast because they only caused by a less than a minute. but you wrote a lot about this a youth bunch and that it could actually be turned into a huge benefit. you know, something that could allow africa to have faster than average growth rates on what i, you know, some of the things that you think needs to be done to allow for that conversion to happen. rather than, you know, this youth about being a major security risk, turning it into a real benefit. i think that important is a, a, a, a, you know,

the 2nd issue, investment investment. but now you have a young relation to increase that is savvy. take that given and it's growing. i mean if you went through that that point 57 year population of jobs that will need a sion of your mission. one of the, one of the people pushing against the robot by j shots and demick order and then mental young people in which we educated

to do their work. but they, they need, they need to, in the areas when you're in intervention in the lab there, when i say choose everything, everything is and so on. and young people that take one diligently to, to, to know what that engine can give me a call bye. we have to leave it there. we are out of time, but i'm really grateful for for this conversation. thank you very much. thank you so much and thank you for watching. i hope to hear again on walter parts. ah

me. ah ah ah, ah luis counter russians state total narrative. i've side as i phone and the most landscape div asking him then i can also maybe could been 55 when. okay, so mine is 2 bottles speeding when else calls with we will ban in the european union, the kremlin media machine,

the state aren't russia for date and split our t spoke neck. even our video agency, roughly all band to on youtube with oh, is your media a reflection of reality? in the world transformed what will make you feel safer? high selection for community. are you going the right way? or are you being led to somewhere? which direction? what is true was,

is great in the world corrupted. you need to descend ah, join us in the depths or remain in the shallows. ah, when african countries want to develop security relations with other nations? this leads to certain reactions that you applies the same philosophy and mentality anywhere in the world. brushes. foreign minister says western countries are applying a neo colonialist approach to africa by patronizing nations instead of cooperating with them. also this our judging by this world and judging by these treadmill holes, ukraine use rockets designed to cause maximums average.