tv Direct Impact RT February 11, 2023 7:30am-8:01am EST
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the aisle with more of your welcome. ah ah ah ah ah, i'm rick sanchez. i've been doing news for 30 years and 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.
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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, you know, account b, 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 u. s. as well, the economies that you see in 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 headline? here? it is. the economies of the asian pacific countries will expand and dominate
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growth when measured by g. d, p in 2023, while the us and europe will likely be in recession. expansion, recession says s and p into the estimate is that, asia's accumulative genie p will grow by 3.5 percent grow by 3.5 percent. why does s and 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 is 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,
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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 accord 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.
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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 mohammad been summoned, 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. now it's in get imager neighbors using the indian to be for trade, boosting utilities, neighborhood 1st, policy. and this is no mean feat. as a result, the union will be as fast emerging as a plausible alternative to certainly global trade. joining us now to talk about this is a larger magni, a he is a middle east expert and actually
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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 seems by the way, from us looking at it from over here from this vantage point, almost as a bit of an. busy are the pairing. now. i think i shall do 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 and gone to south korea signed another
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deal of $30000000000.00 and establishing relationship with all. busy the countries wrong, so ravia and in asia and for russia to made sure that the u. s. is no longer having this. so in the exclusivity of all the contract with the ravia and that is due to the position of credited by then. and that had described cell dory b i d y s states and moved away from it for a year and a half before going and last july, the saudi arabia to beg for more. however, we've seen how crime, priest, my medicine, man, disappointed by the and the last last 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 during his time in presidency. yeah, and you know,
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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 then wonder. and i have to ask this reale ruby trade deal smacks of a move kind of in that direction though she should, should our country should the united states be concerned about this meeting? i think we're by india deciding to rebuff the and not agree with the a 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 we can see among the guy cooperation. ready organization and other countries among the bricks and these already represent more than half of the world population.
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everybody is looking for a way to deal with a local currency that inevitably when more all these countries away from dealing with the. busy data, this is going to happen on the largest gain when everything is set in place at the moment, the dollar is still dominant. however, we've seen already 2 huge countries, like china and russia, dealing with the un 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. busy know, doing trade in business, somebody each other when they could 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 europe is because of the flesh and in europe. and because of the lack of
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energy, however, is going to hit back the us on the words 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, a force to be reckoned with, right? so how significant would it be if saudi arabia were to join bricks? is hi, be significant for saudi arabia to join breaks it. we're not looking at the number of the population in saudi arabia. the next $35000000.00 people were looking at the power of finance, or saudi arabia that is able to put on the table and hundreds of millions of
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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 why, why so if so, the ravens joined the brakes and put it's a financial power among the countries or the brake. that's will 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
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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 in brazil, does it signal a move to the left in latin america? let's talk about it. ah, who is the aggressor today?
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i'm authorizing the additional strong sanctions. today russia is the country with the most sanctions imposed against it. a number that's constantly growing, but i figure which of the problem was the question? yes, it's becoming louise senior mostly mind the sheila were banding all in ports of russian oil and gas news, which i know they, franky bottles with the letter from, you know, we're pretty good regarding joe, by imposing these sanctions on russia has destroyed the american economy. so there's your boomerang, huh? ah, i want to share something with you. if i could. one of the most famous quotes that american folklore is bar, none other than the author, mark twain. old samuel clemens right. when
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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 da silva, the leftist leader of brazil who surprisingly defeated. right, when former president gyre bullshit arrow there. 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, at least in nasty olu, la de silva has beaten jay of those tomorrow in the preceding an election by a raise, a faint march of pretense and violent campaign, new to one with 50.9 percent to both scenarios. 14000000 point one percent. the closest result since brazil's return democratic election to the 900 acres. here's the question. here's the question, right. after years of intervention,
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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 let 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 american 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?
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and if not, what gives all right, so joining us now has been norton investigative journalist, editor of the online publication. most people at the stop knows this topic has written about this topic has followed this topic as 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 piano che, dictatorship and sheila, so he impose those same neo liberal privatization policies in brazil and unleashed
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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 in to decrease inequality, to increase the quality and to provide employment. now, lewis, not
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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 is 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
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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 silva 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 the world. this is something that has been talking about for many
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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,
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with pockets on 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
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a lot of people in latin america are excited about lula 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 repress, replaced 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
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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. it's the largest economy. it's the 6th most populous country on earth. brazil has the possibility of being a major power on the global stage. and louis silva understands 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
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states, or as joe biden said, the front yard of 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 see mom believer and the great dream of the part 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 state 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 backed 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
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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 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 regions. 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 in
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alliance. the alba, through sword 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 an arrow right, or his influence. so to speak, gets out takes on that guy base 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 coups in brazil will actually
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unite, says the history of backing many cars, including the military dictatorship, but in 20162018. the u. s. government 1st under the obama administration. and then, under the trumpet administration backed political coups, you could call them soft coups. first, in 2016, the democratically elected president delma 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 us backed unelected kura gene 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 backed by bo scenario and conspiring with his campaign, imprison lula on false charges of corruption. and later the brazilian supreme court
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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 lula was 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 lava john, though in portuguese. now the judge who oversaw this operation, who was a u. s. government train, judge said yamato, he was rewarded by bull snarl by becoming both scenarios, super justice minister, and then what happened almost immediately after boseman aro, entered office. he and said, you morrow, they went to virginia and they visited cia headquarters. now if that's not suspicious, nothing is visiting cia headquarters after over throwing and imprisoning the
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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's tactics for destabilizing foreign governments are not as openly, militaristic and violent as they had been maybe during the 1st cold war. instead, they used 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 fair, judicial warfare. it's also very similar to the us backed coo against the elected prime minister, imran khan and pakistan. so unfortunately, i don't think this is going to be the 1st time we see these tactics use good stuff that i really appreciate. i appreciate your out 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?
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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. how much interest. and i'll be looking for you again, right here. or i hope to provide a direct impact. ah to what we've got to do is identify the threats that we have. it's crazy confrontation, let it be an arms race, his own offence, very dramatic development, only personally and getting to resist. i don't see how that strategy will be successful, very time to sit down and talk with
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ukrainian 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. the report from russia has taught yet script public. multiple civilians are wounded or made ukraine's the latest artillery of time, which destroyed homes of local resident. those a hope for waking up, but i'm afraid that they're still fast asleep so far. this is a conversation between the different r t here is from russia's ambassador to the united nations about the rising global condemnation of western weapons supplies to keep.
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