a, with a long time original rival, the rod and saudi arabia agreed to receive diplomatic relations and reopened their embassy and movement broken by china within the political implications. us president joe biden meets with earth wonderland to discuss washington tension inflation reduction and its potential effect on the european union. south africa with water shortages due to on even distribution and dwindling reservoir levels as the country already suffers from need and

a the electrical power outages are correspondent, report with good morning. i welcome a life from moscow. just gone 10 am here. it's great to have you with us. i'm rather mommy. let's take a look at the top stories this out. iran and saudi arabia have agreed to resume diplomatic relations and re open their embassies in a deal broken by china. senior officials of both of those middle eastern countries help folks in beijing, in an effort to bring or to bridge the divide between of a long time regional rivals. here are the main statements from the delegations at the top. i talked this time have fully combed through the merits of the disputes between saudi arabia and iran,

and explored effective ways to resolve disputes. saudi arabia hopes that this will open a new chapter and bilateral ties under the architecture of a brotherly relationship of china has provided favorable conditions for rich and disagreement. is vivid demonstration of the basic policies and concepts of china's diplomacy, which includes the major initiative of building and community where the shared future from mankind. iran firmly supports the relevant initiatives short on cash, anguish. the improvement of the relationship of both sides has paved the way for peace and stability in the middle east. it has also set an example for resolving conflicts and disputes between countries. through dialogue and negotiations. china supports countries in the middle east to adhere to strategical autonomy, strengthen unity and cooperation. yet rid of external influence and truly have in their hands the future and destiny of the middle east. which has to lead great news

for the middle east and the whole world as iran and a saudi arabia finally decided to break the ice and resumed their diplomatic ties. after several years after 7 years of frosty relations, while the agreement came on friday and it was reached and the chinese capital beijing, after several days of intensive negotiations between our secretary of iran's supreme national security council, alisha bonnie and his saudi counterpart in the chinese capital beijing, of course, on saudi arabia, several of this diplomatic ties with iran back in january 2016 after angry iranian protesters toward the saudi embassy into iran. in following the rios execution of tub, shia cleric miller wagner member. and that led to the end of the diplomatic ties between saudi arabia and iran,

were the 2 sides closed their embassies in the 2 countries, or of course. so now this new development is very promising is a promising step towards ensuring stability and security and peace in the middle east. as the 2 sides have been always at loggerheads when it comes to many regional issues after the rise and the emergence of dash terrorists, isis terrorists in the region. and the chaos that took place inside syria and iraq are the 2 sides, have been at different on different fronts, of course. and when it comes to the saudi war on yemen, a ron bax. he. com. yep. and he a sour la movement, and a wand backs political resolution to the you have any conflict while the saudi arabia has been attacking yemen. so all of those developments will be resolved. all those issues will be resolved. following that new agreement between the off and to her on. so this is very great step and we heard that the 2 sides decided to reopen

their embassies. within the next 2 months, we are from long wine executive dean of sinus chung young institute for financial. so he says the us is a major, cool. the instability in the middle east. so increasingly, more countries have been trying to distance themselves from us policies. it's very important, eventually not only middle east, but also in china foreign policy, china hoax. they had to not only the 2 countries, but also all the countries in the middle east could develop into by themselves for washington. they should at least think then tell why. now in the won't, they are more and more people are never a chance to washington any, any longer you as a main driver, but you know instability and conflict not only in

middle east about also eastern europe. because in the past 40 years, the united states has launched, a lot of them was in the, in the world, in middle east, at least a 1000000 people have died under the fi of the united states. so now where the only people know the water back clearly so called a hegemony of the and he stays due to be and as soon as possible went off to comment on the development. we, as president joe biden seemed to shift focus to other countries in the region. what are your thoughts on saudi arabia in iran, re re establishing diplomatic relations, sir? with some heroes officials rather than positivity to the new saying, revival of relations between iran and saudi arabia. will promote

a broader peace in the region. the u. s. maintains closed times with saudi arabia, but members of the us congress have directly called for regime change in iran. the iranian regime must be taken out, no more evil tyrants, whether it's the shaw or the leader on this has been preparing a resolution to condemn the iranian government. i was suppose to protest movement the overthrow it is. the latest escalation intentions are 2 in the country. we heard from professor of the university of iran, a key member here who says, conducting regime change in other countries is a main part of the u. s. foreign policy. you see that the united states basically has a dual vision that looks at other countries client or as enemies and the definition for an enemy's the country. that is, you know, systematically independent of the,

not based on major domestic or foreign policy with the united states. that is the definition of any u. s. foreign policy in perspective. and client and any empire is the reality of u. s. foreign policy. basically look back injury, you see that, you know, the history of united this relations with the rest of the world has been filled with these kind of this kind of mentality. the take out the government that they have problem with. i think the was government will know for another time that regime change is not going to work in 21st century. just wasn't joe barton has requested a record high amount, a colossal $886000000000.00 for the countries national security budget next year. the vast majority of the requested budget would go directly to the pentagon. the

defense department wants to use that cash to tackle a perceived threat from china. one is to provide aid to ukraine and funding for nato. the pentagon also seeks a counter quote for system threats coming from north korea and iran. over the years, the u. s. events evolve and has been consistent. the increase in spending in the last 3 years, the military budget as increased by 15 percent rising from $740000000000.00 to $858000000000.00. some media report say the final song for 2024 could hit as much as $950000000000.00. we heard from, sorry, father's co director of the international actions. and she says that washington is just going to spend more and more money on military equipment, this amount of money, the largest military budget of all time, exceeding any past military appropriation is

a disaster for working people in the us. and for people around the world. it is a catastrophic amount of sheer waste into militarism a $186000000000.00 and it will grow. it's not the end with the white house. it sends to congress always grows by tens of billions of dollars, additional add ons cost overruns, what it would take to reverse it is working people in the u. s. and globally, really standing up to u. s. imperialism, it won't come from congress. the democrats and the republicans of vine with each other to add on more and more to the military budget, to pass it almost unanimously year after year. i mean, it really is a staggering and criminal amount. and as they say, this amount is meant to continue the war on russia and to plan for war on china,

while at the same time threatening iran and countless other countries. washington as controversial inflation reduction and how it could impact europe was a key focus of folks as the you see 1st one that i met with us wasn't joe born at the white house or the correspondent in new york. came it open things up the story . listen to what was said by the european leader who met with the president of united states. that time the countries are more or less having a subsidy trade war. one will notice that there was a superficial friendliness that went on the u cheap. she referred to partnering with the united states cooperation around l and g liquefied natural gas. and it was only in a very shy way that she referred to the elephant in the room,

which is that inflation reduction act, which is going to have a very negative impact on the european union and the economy of european countries today session reduction. and i think it's great that there is such a large invest when we acknowledge, you know, under that underpins our question. reduction wise is the heart of the your own goes to a plan. now the inflation reduction act will be making investment away from europe . it will be have less innovation in europe middle also lead to fewer jobs for. busy european and it's, it's quite a dramatic, dramatic move and also mandate made it usa only for certain deal. then it basically forces the european union to cooperate with the united states in ways that are pretty detrimental. now when the 2 leaders were speaking, they did emphasize that they both want to make russia pay for what they're calling

an atrocious war. however, as one looks beneath the surface that the european union, one can see increasing number of countries that are starting to side with russia. here's what's going on. that was an acknowledged in the room. over the past year, the number of countries actively condemning russia has fallen from 131 to 122. the sum emerging economies has shifted to a neutral position. the number of neutral countries has risen from 32 to 35. now representing nearly 31 percent of the global population, some previously western allied countries, including colombia, turkey, and cattle, have moved into this category as a government to seeking to reap economic benefits from engaging with both sides. now these leaders can make nice in front of the camera, but everyone knows about the inflation reduction act. everyone knows about the tension between the countries and the united states,

the economic pressure that has been placed on the you. so one has to ask how much this kind of photo op style publicity meeting will really change things? it certainly are certainly try to give the impression that there was no trouble in paradise. that's not the case. everyone knows it frontally k of how my 1st summer in 5 years was bruce p. m. richey, student like announcing those countries have agreed to train ukrainian marines forgive, quote, for a decisive advantage in the comfort with russia. we've agreed to train ukrainian marines helping to gain ukraine, a decisive advantage on the battlefield and for ukraine to win this war, we will jointly explore the development of complex weapons like air defense, combat and long range weapons will skid. within our goal is to help ukraine conduct a counter offensive that it wishes to conduct. i've always had,

for my part that our prospect was indeed that they should be a lossing built forge and conditions that ukraine will choose. and all duty is to place it in that situation. when french president, a mentor and my co hosted british prime minister, re she soon knock all day on friday, here in paris at the eighty's a presidential palace. it was the 1st time since 2018 that the u. k. and france had such a meeting. there was so much friction between mac hall and both former prime minister morris johnson and his successor of about 5 minutes list trust that trust at one point i couldn't even say whether michael was a friend or foe. remember also downing street said last june, that there was a lot of friction with johnson and truss who was foreign affairs secretary at the time over michael's insistence on negotiations for ukraine over prolonging armed conflict. but these 2 former investment banks, tre. bros ross childs and i call and re she who work for golden sacks. got straight down to business of doing what banks turbos do you best falling in line behind the

establishment agenda. they tossed a huge bone to the military, industrial complex, talking about jointly developing long range weapons and air defense. they also said that they'll cooperate on training ukrainian forces. just last month, michael was promoting the idea of peace through negotiations. i don't think like some that russia should be totally defeated, attacked on a soil. these observe is one's above all to crush russia. this is never been francis position, and it never will be the talking. why now among western nations is that ukraine hast, when on the battlefield, and that piece isn't possible until keith is sitting on the largest possible pile of weapons. only then we'll ukrainian president vladimir zalinski being a good position to get the best deal with russia. they say sounds more like it's the western weapons industry that's holding out for the very best deal on maximum sales. speaking of which washington has reportedly now delivered some patriot

weapon systems to ukraine, but is openly admitting their limitations against russia's arsenal. the patriot missile system is really designed to go after ballistic missiles and it's, it's not as effective on cruise missiles and it's certainly not going to be effective against drones. france also to secured just under half of 1000000000 pounds sterling. so about $580000000.00 us dollars over 3 years from british taxpayers to tap a migrants literally to tackle them. probably that is before they get to british shores, after which there is no word on any kind of an agreement as to whether they'll even be sent back to france or what will happen to them. all those millions will also be used to build a detention center on the french side of the english channel without budget, frankly, it should rival vest. sy, michael also got in a job about how brags it is the source of quote, all the problems we have between the u. k. france and the you?

well yeah, because that's what happens when the people impose borders through brags it around their own country. the. busy coolest, simply tried to erase. suddenly the global is just can't have things exactly like they want them and impose them on people in an uncontrolled manner like migration, maybe stop stoking foreign wars if you don't have problems with the population displacement in your own backyard. unfortunately, judging by their increasing militaristic position, these 2 leaders have now taken on the conflict in your brain that really doesn't look like they've learned very much on that front. right as change continence now, one of south africa's main economic hub is struggling with the worsening water shortage. a med, persistent electrical power cuts the international actors. organization, greenpeace, and millions of people have been left waiting for water, which is stored hundreds of kilometers away in reservoirs with dwindling levels. on

c correspondent, leo congo, brings us more details from the scene. does, does one thing that you're all away off? it's the fact that what is life yet this, the vital natural resource is being depleted. it's been polluted and mismanaged. official says disruptions to water reservoirs is causing more water related disasters in africa. and to tackle these challenges, citizen state governments needs to do more than just talking. a mother our parents now dispos that sometimes the tops run dry the whole day. we will go to bat at the end of the day without any water to drink or cook. and that's up to pol accounts the whole day, making it even worse. we're more you'd go to, i can come back what i would still not be back. okay. if school is ashley mars amandola bye for me, the crisis is about because my business needs water. we can't cook, we can wash, we can clean, as you can see for yourself, we're not operating, we can do anything that you've given along on. but if not,

the water crisis is hurting as badly as i'm speaking to you. i haven't eaten because of situation in base kids go to school without eating, bagging, because we have no water. it's clear that infrastructure is lacking. whether or not it is an old pipes or ignorance is that african war to prices. it's yeah, it's getting worse than it's affecting millions of people. i think it's her well known for their god. government at the moment is struggling with a lot of service delivery issues to round out factor in a g. a platforms are unstable, and it's also well known trek that our water and wastewater and regulation systems, all dilapidated failing, and the severe pressure had been under capitalized and then in many ways all just functional. so all things being equal, i do not see the scrutiny around. in fact, i see an accelerated right of collapse coming. and i see ultimately this is very

lucky to trigger abreast lesson restaurant, this guy to ripple across the country. and i'm afraid this is where we're hitting quite interesting to know that in the case of load shedding, alternative sources of energy can be made accessible. but wood water, alternative sources may not be as accessible all available. this means that the situation of water, shedding or shortage, can have more dire consequences than what we, as africans have already experienced for our c, i'm known we couldn't get into hannah's book. indian and chinese hobbies have been imposing recorder mazel, russian crude oil, lat submit a sharp increase in the consumption of petroleum products in both asian countries. all these corresponding in you, denny runjun, shaw has more details on india's appetite for russia's blank gold. he was amanda to india, how hit an all time high, higher than 24 yells,

all of this in the back job, or even the out by discounted russian or for the last one year or so. and then the india has been despite western sanctions scooping up on a discounted oil. now that has led to industry to use it in the f. b boosted when we're talking about arise and consumption. it has risen by almost 5 percent in the last month. that is nearly $4820000.00 barrels per day. and when you talk about the entire month collectively, and that is 18500000. so that's the a tragic tree in the consumption grow thought as far as fuel is concerned. also, this is data really been compiled by the indian oil ministry. and even though we thought of the mit is us that they think that the conduction of fuel in india will rise. it has in fact,

realized the estimates we talking about fuel. what would diesel cooking gas as well as the vh and fuel? we got to give you an example of the fuel estimate was for $22029.00 be done. that has been revised to $233800000.00 the ation fuel. the jet fuel has been revised from 7400000, still 8600000 tons. all exports favor this highlights a combination of fact tell them, profitable refining, rushing crude, enforce from last month. being an important one. now creed between the oil trees between the 2 countries, russia and india, has seen yet another record last month in february to 1600000 barrels a russian crude or de. and that is more than what it or take, combined from saudi arabia and iraq. remember those 2 war india dominant,

traditional voice suppliers now as far as rush included. and in india, the board basket from maybe one percent in february last year before the conflict before the subsequent western science to now it occupies a share, a little want to see 5 percent. and all of this is also led to another aspect. remember, which is now india is treating you know, in other than other than dollars. alex, let's see. that's really the start to indeed, all right, decided western pressures to distance itself from school today. he has continued to boast as bilateral ties as well as they continue to bite or from most school defined the factions defined as a price gap. and yeah, really being very vocal about how we going to choose to do what suits india, the best we have from a russian 5. so his says,

india and china are trying to rush into supplies, as mostly is rebuilding, is approach to excellence must get all we do in march 2021. india didn't actually receive russian oil imports. yet in 2022. the country was the largest import by sea of russian crude oil, 2nd only to china. china has laid in russian oil imports for many years. masses of oil, a transfer there through the siberia, pacific ocean oil pipeline. there is a branch of it that transfers 30000000 tons quite a significant number. this another route for russian oil exports. why cassock st on that can deliver 10000000 tons mole lion's share of oil that goes through the siberia. pacific ocean pipeline is loaded on tank is in transferred china. so china has always been a leader in terms of countries buying russian oil imports. due to this oil of east side, barry origin. markets have been rebounding lately. russia stopped exporting all to

europe in early december, and now goes to the asian market. media has reached the record high in its domestic oil consumption. now, there old products are sold at low prices. this is because some of the russian oil that's being refined and consume was previously imported at a discount. russia also to live as ready made oil products to india. it's allowed a dia to negotiate more favourable prices from countries that sold them oil in the past. when india wasn't able to buy crude from its former supplies and tends to buy more from russia. if moscow were to decrease their discount india would be the major buyer of russian oil at china has appointed a new premier leisure lane during a session of the national parliament. amazing. the hi is repeatedly a close confident oh for the g thing. thing i'm privacy served as the center 3 of the chinese communist party in shanghai nowadays. and it was

a supposed advising thing, who recently made history as high as 1st president to be elected by parliament to 3rd consecutive term lease. and in his new role as premier, it is a charge of the development of the national economy, the largest in asia, his predecessor lee, king jang, spent a decade in that position and is now expected to retire. ah, we bit more domestic now. rush is a central bank says the country has cut the amount of currencies from the so called on friendly countries in foreign transactions. so under 50 percent, the share of unfriendly currency is used for russian export deals fell from 87 to 48 percent last year. the chinese you on has become the main old turn to foreign

currency, used by russia that says russia's national rubel currency counselor, 34 percent of the total sort of export transactions. we heard from russian economic expert demi g. i. alexandro, who spoke about the risks associated with using the us dollar on international markets. miss olu, all these methods of fighting against combating the decrease of the dollars global roll are manifold from economic measures to the use of force, coercive actions. naturally, it also includes direct dialogue, for instance, where the oil producing countries, where the u. s. is trying to persuade them to spend the additional revenues on us treasury bonds and is not limited to all producing countries. in essence, us trade policy balls down to making all the countries that have surplus trade accounts with the us to spend their part of the surplus on new us treasury bonds. this way they can buy goods from those countries simply by printing more dollars in

service. their trade balance deficit, but it also results in a bigger trade balance deficit. as the economy grows. this raises alarms at this cause a ponzi scheme can't last forever for more on this story, less so as you know for more on this story, we're going to be talking about the chinese ah, new premier less good sued c g d and coughlin jer, josh, im joining us from beijing. jose, actually ronnie, as hell, we appreciate it now the premier new premier in china. what can we expect on his new role to be o chinese? there would be a leadership in making the world's 2nd largest county perform. well, i think for him, the priority would be, you know, for the recovery or the post pandemic with a slew of supporting policies focus on stability. and so, you know,

the chinese government had said the work target of the next few years this year is coming around 5 percent. so i think chinese i think the priority for the government is to try to stabilize that and for the government is try to make a little a policies to support in that. and i think it is an urgent need to grow. it's large scale manufacturing sectors with more innovative technologies and also challenges. and so yeah, and at the same time, i think what china is going to to is for the premier am is tried to restore the confidence among the public. i mean, you had a premier now for 10 years of change now for us, you know, non chinese for us from outside when we look.