i don't see how that strategy will be successful, very difficult time time to sit down and talk with ah, hi, i'm rick sanchez. i've been doing news for 30 years in 2 languages around the world and here in the united states, i've interviewed for presidents. oh, i co founded a $1000000000.00 business. you know what i believe. i believe news should be honest, and direct, and impactful. this is direct impact. ah

. so i want to start by talking to you about intel, you know, intelligence. and you know who gathers and presents much of this is a company called s and p in account the s and p 500. the s and p is one of the most important determinants of what is happening in the economies all over the world of every country. here in the us as well. the economies that you see and parts of asia, for example, where everything seems to be booming. and here is what it recently concluded about who is up and who is down globally. and this is the type of story you probably won't get anywhere else, but here, unless of course you happen to be one of those people like me who reads nerdy info from time to time from intel sites. so where's the headlight? here it is. the economies of the asian pacific countries will expand and dominate growth when measured by g. d,

p in 2023. while the us and europe will likely be in recession expansion. recession, this is s and p into the estimate is that asia accumulative genie p will grow by 3.5 percent. grow by 3.5 percent. why does s n p and tell make this prediction? well, they say it's because of the regions free trade agreements because of their efficient supply chain because of their competitive costs are interesting criteria for expansion, right? free trade agreements. what a concept. so what is it saying? well, what does it saying about those countries? what is it saying about countries that unite for the purpose of creating sharing arrangements? what does it say about how that can lead to success a lot, right?

it is also been saying that countries who don't for examples, countries that deploy sanctions, will perhaps not do as well as the s and b, not me. it certainly worth examination, right? if nothing else, especially in light of western sanctions that have been placed on china and other asian countries in comparison to a cord reached by countries like china and russia and india and iran. and many of the other countries involved in the middle east. saudi arabia, some of which are not on the u. s. is best these list. so look, as an american, i think whether we love these countries hate these countries, we should know what they're doing. now, what kind of arrangements they're making amongst themselves, by the way, the s and p intelligence report that i just told you about it seems to indicate that india will benefit greatly from the expected growth in the following year. india. and speaking of india and speaking of a chords,

guess who's recently come by for dinner there in india, guess who dropped by for dinner? saudi arabia, as prince mohammed been saw mon, has paid a very public visit to india as president modi. and it wasn't just a pleasant call, it appears to be a legitimate arrangement to work through yet another important economic arrangement regarding trade and monetary exchange deals involving the saudi re owl, and the indian ruby. how did you get your neighbors done and using the indian to be for trade, boosting new daily's neighborhood, 1st, policy, and this is no mean feat as a result. the union to be, is foster emerging as a plausible alternative to settling global trade. joining us now to talk about this is elijah magna, a he is a middle east expert and actually a veteran war correspondent to boot. elijah,

thanks so much for joining us. this is, this is one heck of a topic. i mean one that usually doesn't get taken apart. so i'm looking forward to this let's, let's start with this. how. how do you believe the world should see this meeting between the leader of saudi arabia and the leader of india. and it, it themes, by the way, from us looking at it from over here, from this vantage point, almost as a bit of an odd pairing. now, i think show that is moving away from the us exclusivity. so we've seen how so there has establish a good relationship with china signing indeed of round $65000000000.00 as gun to south korea signed another deal of $30000000000.00 and establishing relationship with all the

countries wrong. saudi arabia and asia, including russia to made sure that the u. s. is no longer having this so mean the exclusivity of all the contract with the radio. and that is due to the position operated by then that has described cell duration of states and move away from it for a year and a half before going and last july. to saudi arabia to bed. for more. however, we've seen how crime, priest, lamb, attention, man, this appointed by then in the last class meeting. and would use the only by to billions. which means that the decision in saudi arabia has been taken not to stand by president by then a, during his presidency. yeah. and you know,

what else there seems to be, it seems to me, olaja, there seems to be a global push toward the dollarization, which we reported on. everybody's reported on that. so it makes me wonder, and i have to ask this reale ruby trade deal smacks of the move kind of in that direction. now, should, should our country should the united states be concerned about this meeting? i think by india deciding to rebuff the and not agree with the us and you sanctions are russia and saudi arabia agreeing with russia in china to deal with the local currency. we've seen also, as you can see among the shown guy, cooperation, organization and other countries among the bricks. and these already represent more than half of the world population. everybody is looking for a way to deal with

a local currency that inevitably when more of all these countries away from dealing with the. busy data, this is going to happen on the largest scale when everything is set in place at the moment, the door is still dominant. however, we've seen already 2 huge countries like china and russia, dealing with us and the rule that we've seen, the ron joining them, paying with the local currency. we've seen india and pakistan also. so already we talking about a few billions of the people around the know and doing trade in business, summer and each other with using the local currency that is already depriving the us from a very strong position. even if we see today that the us is strong in relation to the euro, is because of the inflation in europe. and because of the lack of energy, however,

is going to hit back the us on the was k. once many other countries stop giving up on the dollar and that business entry, let me ask you a question about breaks the bricks, alignment between brazil and russia, and india, china, south africa, is becoming in a, in its own right, of forced to be reckoned with. right? so how significant would it be if saudi arabia were to join bricks? it is hi, significant to saudi arabia, to join bricks. it, we're not looking at the number of the population installed, ravia that are more next 35000000 people were looking at the power of finance, or saudi arabia that is able to put on the table and hundreds of millions of dollars and make a real difference in all the oil market,

and we've seen how the decision of saudi arabia to influence our big plus and the $23.00 nation to reduce the oil production has changed the price of oil. and it's contributing to affect the price of oil and was why so if so, the ravens joined the brakes and put it's a financial power among the countries or the break. that wouldn't be a very serious head to the us and will be a big turn away from the way that's already represent only 11 percent of the work population, which is, which would be a very small move of saudi arabia to join the brits. oh, thanks so much olaja. by the way, it's been great having this conversation with you and there's always something to learn about these topics that sometimes others don't cover. we do continue to talk

about this. i have a podcast where as a journalist, as a latino and as a co founder of a 1000000000 dollar company, i like to share my stories. i like to share with you what i've learned, what i've not learn from mistakes. and what i've learned from some successes because it helps me grow and i hope to be able to help you grow as well. it's called a rick sanchez podcast. i invite you to check it out of see you there. but when we come back, lula wins and brazil does it signal a move to the left in latin america. let's talk about it. ah ah, i want to share something with you. if i could. one of the most famous quotes in

american folklore is by none other than the author mark twain. old samuel clemens right. when a reporter once asked him about his health, he said famously, reports of my death are greatly exaggerated. what a great quote. so it is with lula, the silva, the leftist leader of brazil, who surprisingly defeated. right when former president gyre molson arrow, there's so much to take apart here regarding left versus right latin america's direction. what it says for the political direction globally, and a whole lot more. but let's begin with, well, the election itself, the least in sci lula silva has been j, opposed to nara, in the brazilian election by a race of knowledge. and after a tense and violent campaign looted ones with 50.9 percent of both scenarios. 49 point one percent. the closest result since brazil's returned democratic election

to the 980. here's the question. here's the question, right. after years of intervention, if not downright interference in the affairs of countries like brazil and others in latin america. well, is that going to change? right? and is latin america changing as a result of always being the place where many countries, including the u. s. interfered, does lula win and then usher in or further define a move to the left and latin america? well, here's some important context. so lead to silvas when march, the 11th left this victory in the region in less than 5 years. let me say that again. the 11th left this victory in less than 5 years. this is a wave that harkins back to the so called pink tied right when latin america's

brand of left wing politics offended the political status quo in that very region. so now we have to ask ourselves, is it different? is it the same? and if not, what gives? all right, so joining us now it's been norton investigative journalist, editor of the online publication will be body star knows this topic has written about this topic has followed this topic has sources on this topic. so we want to give them some really good questions and let them run with it. and let's start with the most basic question of all low ins. does this mean that latin america is going to be moving once again toward the left? ben? it's pretty clear from the polls in brazil, the most important issue is the economy and both scenarios administration has been a complete disaster in terms of the economy. let's not forget who boston our was finance minister is his name is paolo guess who is this guy? he's a chicago boy, he studied neo liberal economics under milton friedman at the university of chicago

. and then he taught economics under the peanut che dictatorship and sheila, so he impose those same neo liberal privatization policies in brazil and unleashed economic chaos. and we've seen massive increases in inequality. we've seen hunger increasing and poverty and unemployment. and at the same time, the brazilian economy has been basically in permanent recession for several years. so, what was louis campaign promise? he said his most important priority was ending hunger. after he won victory on election night. he gave a speech and said my top priority will be making sure that every brazilian has 3 meals a day. and he said that it is ridiculous that we live in a country where we export food, but 30000000 people go hungry and let's not forget, he comes from a very poor background. he grew up in a rural area in a shack that had no running water and no electricity. he understands the difficulty

of poor and working brazilians, and he has pledged to fight poverty to into decrease inequality to increase the quality and to provide employment. now, louis, not a socialist despite all the, you know, the right wing propaganda hysterically claiming he's, you know, bringing to bring communism to brazil. his economic model has always been a kind of mixed keynesian model, where there's a significant role for the state to help support social programs and fight poverty and develop local industry. but also there was a role for the private sector and, and lula is economic program. when he was president for 2 terms in the early 2, thousands was nothing short of miraculous. the brazilian enemy tripled in size and the brazilian people finally remember the years of lula as a major economic boom. now, i keep the reason for that was the, the commodity boom. brazil has a lot of natural resources, especially oil and petro bras, which was the state on oil company, which is partially privatized under both scenario. and his peanut j

t sta finance minister. that helps provide a lot of the, the foreign currency reserves needed to pay for in ports in order to fund to stabilize the currency, which has been de, stabilize now, especially with the economic crisis. so the people of brazil wants to go back to that golden era of the economic boom under lula and lula, has promised to return to those policies. and now with high oil prices, i think it's very possible that he could try to bring back some of that the economic formula that resulted in decreasing poverty, decreasing inequality and economic growth. so here's the question. i got to ask you them because what about the influence in latin america of other countries like russia, like, you know, china, like perhaps iran and how that plays into this, you know, lula victory in brazil. and frankly, what are those countries doing there? lewis alva is one of the co founders of the brick system. let's keep that in mind.

it was one of his ideas because he wants to build a multi pull world. this is something that lou has been talking about for many years, and he shares that in common with china and russia and iran, and many other countries that want to see a more democratic international, political, and economic system that is not completely dominated by the united states and by wall street and lula understands that brazil is such an important player on the global stage as the 6th or 7th most populous country. that that means that brazil could establish its own pole in this multi polar world. so right after he won the election, louis gave a speech showing that he's opposed to the u. s. government new cold war on china and russia, and he wants to have good relations with everyone. so yes, i'm not expecting lewis. so let's be like we were chavez. he's not going to talk about how the u. s. leader is, is the devil, and he's not going to break relations the u. s. but he is going to do what's in brazil's best interest, not what's in washington's best interests,

which means he's going to deep in relations with china, with russia, with iran, with india, with pakistan, and with many countries around the world. and he's going to try to turn latin america into a regional block that is united and can have it can fight for its own interests in this multi polar world on the international stage. lula already promised before he won the election, he said that he wants to create a new currency for latin america. so the region is not dependent on the u. s. dollar. he wants the region to do more trade among itself and also with other countries in the global south following the model of south south. while peroration so lula, he has always had very good relations with china and russia. and i expect them to continue to deepen and lula is going to also play an important political role, trying to stabilize the world. as the u. s. constantly pushes for more war, an escalation, lula, for instance, said that he would potentially be willing to broker negotiations,

to stop this nato proxy war and ukraine. he wants peace and stability, so he can develop his country and fight poverty. and that's why i think a lot of people in latin america are excited about coming back. because it's, it's going to put a huge shock of it's going to provide a huge shot of momentum into the arm of the process of regional integration and latin america with institutions like the community of latin american caribbean states to try to pray, replace the u. s. dominated organizations like the o. s. so as i hear you talk about that i can't help but wonder then if it's likely as well that latin america will in fact be more influenced by geography, by the influence of other countries. besides the united states, which have been, you know, paramount historically there then by audiology, by these countries that are, that i just mentioned because for example,

iran has influence in brazil or in latin america. iran is not a communist country. so it's not an id ology thing. i mean lula may be a leftist but ron is not left. this russia is not leftist right. so how does that gel in latin america with countries like brazil? it would be difficult to overstate the importance of the brazilian elections in the region. let's not forget that if you take the entire population of latin america, brazil represents about half of the entire region is the largest economy. it's the 6 most populous country on earth. brazil has the possibility of being a major power on the global stage. and lewis over understand that he has talked about the importance of building a multiple world. and he wants to have good relations with the eastern powers in asia and your asia with china, russia, iran, india. but he also wants latin america to be its own pole in that multi polar world

. he wants to unite the region economically. politically, he doesn't want the region to be treated as simply the backyard of the united states, or as joe biden said, the front yard of the united states. and that's why lula has been one of the most vocal supporters of regional integration. this is an effort that goes back to the 18 hundreds and mumble lever and the great dream of the pot to be around day, which means that the great mother land uniting all of latin america together. and we now see steps being made to integrate the region through institutions like the community of latin american caribbean states, the se lock, which lula has been a strong supporter of both scenarios left. the said lock both in are also basically waged war on any attempt to try to integrate latin america. he backed the violent qu, attempts against venezuela, his neighbor, the major brazilian newspaper or global reported that the boston administration had had backs. terrorist attacks cross border violent attacks on venezuela. so having

lula in, in the largest most populous country in the region with the biggest economy, is a huge shot of adrenalin, into the arm of the process of regional integration. and for the 1st time in the history of latin america, the 5 biggest economies in the region are now governed by lettering leaders. and that it, that only means that they want to have more nationalist policies that oppose us corporations from dominating the region. that's a huge part of their economic programs. they want to develop local industry through the process of import substitution industrialization. having mixed economies geared around creating their own products domestically and in the region. so they don't have to be dependent on the u. s. companies. but another huge part of that is treating latin america as its own significant pole in the world. so just as we see the process of your asian integration through institutions like the bricks and

through the shanghai cooperation organization. similarly in latin america, we see a process of regional integration through the se lock through the bowl very and alliance. the alba, when i saw it, and lula has always been part of that. in fact, he gave birth to many of those institutions and he's going to want to strengthen them in the future. you know, finally, i've just got to ask you because, i mean, i am absolutely fascinated by the lula story. i mean, just think about this for a minute, put this together. he the guys, the president of a country he ends up going to jail. right. indicted, prosecuted spends almost 2 years in prison. in many ways he was put in prison by the guy who then became the president most narrow right, or his influence. so to speak, gets out takes on that guy, beef guy, and is now the president. i mean, this is a movie, then how do you,

how do you describe this for us? it's an objective fact that the united states back to who's in brazil will actually say the history of backing many crews, including the military dictatorship, but in 20162018. the u. s. government 1st under the obama administration. and then under the trump administration back political coups you could call them soft crews . first in 2016, the democratically elected president, dumber recess of the same workers, party of lula. she was overthrown on bogus corruption charges. they were completely absurd. and she was accused of of moving money in the budget, and then exactly what she did is what the u. s. backs, unelected qu, regina then legalized. so it was a completely false pretense to remove her from power. and then in 2018 was the 2nd soft qu, during the presidential election, all of the polls showed that lou silva was leading by double digits. so what

happened? the judge sergio morrow, who was back bible scenario and conspiring with his campaign, imprison lula on false charges of corruption. and later the brazilian supreme court completely expunged louis record. it said he was innocent and united nations working group on arbitrary attentions the top you and experts also said that lou lo is arbitrarily detained in a political case and he had his civil rights violated. so the case against him was completely false. the u. s. justice department openly supported both of these cases as part of so called operation carwash or love. i jot though, in portuguese. now the judge, you over saw this operation who was a u. s. government train judge said your motto, he was rewarded bible snarl by becoming both scenarios, super justice minister, and then what happened almost immediately after both scenario entered office. he and said, tomorrow they went to virginia and they visited cia headquarters. now if that's not

suspicious, nothing is visiting ca, headquarters after over throwing and imprisoning the workers party candidates. so this is a clear textbook case of what you could call law fair legal warfare. and it's also a case of hybrid warfare. increasingly, the u. s. government tactics for destabilizing foreign governments are not as openly militaristic and violent as they had been maybe during the 1st cold war. instead, they use forms of hybrid warfare and unconventional warfare like economic warfare through sanctions. legal warfare. also information warfare, cyber warfare and the screw in brazil was a case study of law their judicial warfare. it's also very similar to the u. s. backs coo against the elected prime minister in run khan and pakistan. so unfortunately, i don't think this is going to be the 1st time we see these tactics use good stuff, and i really appreciate, i appreciate your, your,

your knowledge on this. i know this is a story that you've been covering for a long time. thanks so much. so before we go, i want to share with you my mission, right. and it's simple, really. i want to try and de silo the world. right? we live in the silos nowadays, where we don't know what the other guys thinking. we've got to stop living in little boxes because truths don't live in boxes. truth is everywhere, comics interest and i'll be looking for you again right here. where i hope to provide a direct impact. ah ah. me the question of the money, not me, let me clear up. he was going to a

do you live most schools, if you look on the initial, be one of them not to get a can use the but by you and you do do or 2. but you also still wish to done those a you would you what i see the student bus is the little gear lation says diesel, you don't bosa a ah

a nationalist use multiple launch or rocket systems against civilians. the once again here, in my case, one of the shells is still stuck here in this house. we report from the ground in russia has done us republic, where multiple civilians were wounded in the latest ukrainian artillery, which destroyed the homes of local residents. their lowest hope for waking up i'm afraid they, they're still a prostitute. so far, this is a good decision to the depth from the and are see here is from russia as a master to the un.