if i need specific social can send me the news headlines on nazi international and the emerging multi polar world brings long time regional rivals, iran and saudi arabia. together, they agreed to resume diplomatic ties and reopen their embassy. it doesn't move with enormous geo political implications. run on the bank in the us leave scores of companies and individuals holding the bags, the country's largest lender to collapse since the 2008 financial crisis is shut down by federal regulate south africa deals with rolling blackouts. it's now faced with a shortage of water as a reservoir that will shrink adding to just a mounting list of problems in the country are corresponding does report from the

see the the emerging multi polar world or seemingly every week witnessing new strategic partnership is being formed and all too often directly at the expense of the west. so straight to our top story for you and ask you into a national where the multi poto world is setting aside the differences in creating bonds among traditional rivals. iran in saudi arabia now have agreed to reduce the diplomatic ties. reopen their embassies, all of this in a deal. believe it or not, that was broken by china. senior officials from the middle eastern countries help folks in beijing and a successful effort to bridge the divide that allegations have this to say. after the talks. this talks, 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. this vivid demonstration of the basic policies and concepts of china's diplomacy, which includes the major initiative of building and community with a shared future from mankind. your on firmly supports the relevant initiatives, drove 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, strength, and unity and cooperation. yet rid of external influence and truly have in their hands the future and destiny of the middle east. the great news for the middle east and the whole world as they want. 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 a and e chinese capital beijing. after several days of intensive negotiations between a secretary of iran's supreme national security council, anesha hall, he and his mom, saudi counterpart, and the chinese capital beijing, of course, on saudi arabia. several, it's diplomatic ties with iran back in january 2016 after angry iranian protesters toward the saudi embassy into iran in following the rio's 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 there 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 on the 2 sides have been at different on different fronts. of course, all of those developments will be resolved. all those issues will be resolved, following the new agreement between the off and to ron. so this is very great step and we heard that the 2 sides decided to reopen their embassies. within the next 2 months. we heard from a residence in iran who expressed support full this deal with re add saying at the end the day will actually help that country to stand up against foreign actors meddling in that region. how say panama, it is better if we have friendly ties with our neighbors,

considering that the u. s. and other western countries enthusiastically desire to have their own military bases in iran's neighboring countries in order to have dominance on iran politically. and a friendly ties are constructed between iran and its neighboring countries. the u. s. will not achieve its objective in god. oh god. in south america, this signs agreements can have a positive points. and that can be indicated by halting the war in yemen. is rosa. israel is upset about the unification of islam in countries and cannot tolerate it . israel is certainly trying to disrupt this. we could hear from her why, when executive dean of china's chong young institute of financial studies, he says that her more and more countries these days are trying to stand up on their own 2 feet to preserve and protect their sovereignty. it's very important you bench not only middle used about also, you know, china fall in china hoax there to not only the 2 countries also order countries,

the middle east could to be valid. been by themselves for washington. they should at least rethink then why. now, in the world, they are more and more people never a chance to washington any more, any longer you as a main driver of deal legion. no, inc. deputy and conflict. not only you know, used to but also eastern europe. because in the past 40 years, a year and a half states has launched, a lot of was in the middle east, at least one meeting that people have died under the fi of the united states. so now what have you, 8 people know the world very clearly, so called a he germany of the days to, to be and as soon as possible. or when asked for comment on the latest development

that being between riyadh and around the us. president joe biden seemed to shift the focus to other countries in the region. what are your thoughts on saudi arabia in iraq really, really? matic relations are between 0 and their neighbors. well this comes, as some of us officials reacted positively to the news, saying the revival of relations between iran and saudi arabia will promote broader peace in the region. now that being said, some members in the u. s. congress directly called full regime tray general. the iranian regime must be taken out no more evil tyrants, whether it's the shaw, all the leader or the u. s. congress is preparing a resolution to condemn the iranian government while supporting a protest movement that has sought to overthrow it. what we heard from a university professor at the university of to ron, how he may beulah, who says,

conducting regime change in other countries is a pretty traditional now part of u. s. foreign policy. have a listen to this. and you see that the united states basically has a vision that looks at other countries, brian or as enemies. and the definition were an enemy, the country that is, you know, systematically independent on major domestic or foreign policy. that is the definition of any u. s. foreign policy and prospective clients and need to empire is the reality of us. the basically look back if center, if you see that, you know, the history of united states relations with the rest of the world has been filled with these kind of this kind of mentality. to take out the government that they have problem with, i think the government will know for another time that regime change is not going

to work in 21st century. when enough is not enough, joe biden has requested a record $886000000000.00 for the countries national security budget. next year. the vast majority of the wishlist is set to go directly to the coffers of the pentagon, or the defense department wants to use that cash to tackle the perceived threat from china, as well as to provide aid to ukraine and further funding from nato. depend again, also was 6 to counter quote, persistent threats coming from north korea and iran over the years, the us defense department has been consistently increasing your spending. and if not in the last 3 years, the military budget increasing by 15 percent that's rising from what? 740000000000 to 858000000000. a summer media report say the final sum for 2024. could pit as much as 950000000000. well, we can start flounders,

co director of the international action center. and she says, the washington is just going to spend more and more money on well, that of the military industrial complex, this amount of money, the largest military budget of all time, exceeding any past military appropriation is a disaster for working people in the u. s. and for people around the world, it is a catastrophic amount of sheer waste into militarism $886000000000.00 and it will grow. it's not the end with the white house is 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 us and curiel isn't. it won't come from congress,

the democrats on the republicans via 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 a ran and countless other countries. meanwhile, the biggest bang collapse since the 2008 financial crisis has just happened in america. the california based silicon valley bank made an unsuccessful attempt to quickly raise capital before it was shut down by federal regulators. now to give you some, a better perspective here, silicon valley bank is now under the control of the u. s. federal deposit insurance corporation usually means liquidation of assets in order to pay back clients. now, even though silicon valley bank is not the most well known bank,

it's still had over 200000000000, but the bank collapse is directly tied to the current us strategy of coping inflation. the said cannot raise interest rates high enough to bring down inflation, because inflations must be supply side to can't do anything about that. so they're trying to take inflation down by raising interest rates, letters, crushing demand alone, right? but when they raise it up a certain level between 5 and 6, i been predicting you're going to start getting financial instability. and we see that already now with the silicon valley bank because the tech sector is the most exposed right now. and, and, you know, there's, there's like $250.00 companies that, that have their money in silicon valley bank. lot of them start ups. and if they, if that bank goes belly up and they lose that money, we'll hope to start. that's the gun ago. i got a crash, right?

that's where the government, i think, is going to really jump in and bail it out as i already signs the doing it. but we don't know the contagion between silicon valley bank and other tech, financial funders, and other commercial banks that fund these tech banks. you know, the tentacles of contagion are, are very widespread, and we don't really know it because they're des, tentacles, this debt, tentacles are always very opaque. you know, we saw that back with the housing sector crash and we're going to find out over the weekend or start to find out what are the contagion potential here for the collapse of this bank. very important bank. and it'd be interesting to see what happens on monday, both in the financial markets, stock and bond markets, and also all next week, because we'll beginning to see it will leak out on what the contagion is. and it

may shut down the funding of start ups in the tech industry for a while. so, you know, it's all traceable to the fed interest rate policy. and by august policy of attacking tut, tech, chinese technology and trying to get the businesses to come back to the u. s, which is the part of the geo political. the problem with biden is that it's, it's all g geo politics. and if you're, what happens to the economy, be damned really. as the u. s. tries to ring fence a, russia and china and the other countries who may align with them, the u. s. is bifurcated a slowly the global economy, the global capitalist economy. but it's all because the geopolitical objectives, i believe and it's, it's going to be a big price to pay, i think eventually by young couple years from now. i think it's too early, much too early to say that. and unlike in 2008, oh boy,

the government is jumping on this thing, ensuring bailouts and so forth. already within 24 hours, see how they learn their lesson of not dragging their feet back then i, i think one of the consequences if, if there is contagion, is the feds gonna stop raising rates because they're going to take care of the financial sector 1st. and that means inflation is going to stay high and 345 percent. it's not going to come down. so then between a rock and a hard place and how do they try to keep bringing inflation now my raising rates are by raising rates, do they cause a further financial stress that the fed doesn't work very well? the policy doesn't work very well. any more in the 21st century, where you got a globalized financial ais world economy. the impact on europe of washington's protectionist inflation reduction act was

a key focus of talks as the you chief us at a van delane were, was meeting with the u. s. president over now to a clip off and he picks up the story. one listens to what was said by the european leader who met with the president united states at a time. the countries are more or less having a subsidy trade war. one will notice that there was a superficial friendliness that went on. now the chief, she referred to partnering with the united states cooperation around l and g. i liquefied natural gas and it was only in a very shy way that she refer act on the european union and the economies of european concentration with technology. a question do live in the heart of the plan. now the inflation reduction act will be taking

investment away from europe. it'll be, i have less innovation in europe. i'm. it will also lead to fewer jobs for europeans. and it's, it's quite a dramatic, dramatic move on and also mandates made in the usa only for certain deals. and it basically countries that are starting to going on that wasn't acknowledged in the room to $122.00 to some emerging economies has shifted to a neutral position. the number of neutral countries has risen from 32 to 35. now representing any 31 percent of the global population. some previously western allied countries, including colombia, turkey in cattle, have moved into this category as that government to seeking to reap economic benefits from engaging with both sides. now these leaders can make knives in front of the camera, but everyone knows about the inflation reduction act. every one knows about the tensions being placed on the you. so one has to ask,

how are certainly tried to give the impression that there was no trouble in paradise? that's not the case. everyone knows it to re she soon. i can now saying that the pair have agree to train ukrainian marines for, quote, decisive advantage. should the conflict against russia. we've agreed to train ukrainian marines helping to give 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 yukon. 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 forging conditions that ukraine will choose. and all duty is to place it in that situation. when french president, a mentor and mac ho hosted british prime minister, re she soon on 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 boris 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 trust who was foreign affairs secretary at the time over michael's insistence on negotiations for ukraine over prolonging armed conflict. but these 2 for investment banks, tre. bros ross childs and michael and richie who work for golden sax 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. 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 want 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 hasta when on the battlefield and that piece isn't possible until keith is sitting on the largest possible pile of weapons only. and we'll ukrainian president library 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 dis secured just under half a 1000000000 pounds sterling. so about $580000000.00 us dollars over 3 years from

british taxpayers to talk 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 the detention center on the french side of the english channel, without budget, frankly, it should rival that sy macro 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 globalist just can't have things exactly like they want them and impose them on people in an uncontrolled manner like migration maybe stopped 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 ukraine that really doesn't look like they've learned very much on that front. are sure to get not to the conflict in ukraine to where it rushes defense ministry is released footage of the sets using against the flood of nato weapons in the dawn. yeah, script public following video shows a it shows a british stormer armored vehicle that had been detected in that area. it was a subsequently taken out by a cam, a kazi drone. they've become commonplace in the conflict under used by the russian military to locate and home in on ukrainian assets. on the other side of the front line, china has appointed a new premier lea chang. this during a session of the national parliament in beijing. i'm to china has said to be a close confidant of president gigi and paying and previously served as the secretary of the nomination was supported by gigi and recently made history of

china. his 1st president to be elected by parliament to a 3rd consecutive term. mr. chang and his new role is premier expected to take charge of the development of the national economy, the largest in asia, and his predecessor leakage chang spend a decade in that position is now expected to retire. russia's our prime minister may highland houston as congratulate all will open out to see gt, and correspond. jackson, who says the relations between china and russia are united by common interests, including resistance against aggressive western sanction. a corporation between the 2 countries would provide a, a driving force for the multiple larry, adding that the china russia times are not a threat to any country. and that's strategically important for the neighbors who are not actually what some would view through the lens and coded were lines. and

they've been there been a couple of joint documents signed by the 2 sides over the past year. thanks to the leadership on both sides. and they've touched a wide array of areas with mutual interests, including trade, investment, e commerce, energy, agriculture and education, se. and they also have the, those declarations on promoting the global stability and a comprehensive, strategic partnership of coordination. and i believe that 2 countries will also work on the currency issue is given the u. s. bullying of sanctions chinese looking for an allies. i would say that's the reason why out at high tide, but they're not posing any p says the millions of people have been left waiting for water, which is store hundreds of kilometers away in a reservoir with dwindling levels. the correspondent, no voice couldn't get, brings us details from the sea. 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 miss manners. official says, disruptions, water reservoirs is causing more water related disasters in africa and to tackle these challenges. citizen say government needs to do more than just talking. a mother, i paid us national dispos that sometimes the tops run dry the whole day. we then 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. m o it 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 cook, we can wash, we can clean. as you can see, we can do anything when that you've been given along on but it's not. the water crisis is hurting as my badly isn't speaking to you. i haven't eaten because of situation. even based kids go to school without eating a bad thing because we have no water. it's clear that infrastructure is lacking.

whether or not it is an old pipes or ignorance does that african water 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. so well known fact that our energy platforms are unstable and it's also well known trek that our water and wastewater and ridiculous systems or dilapidated fraley under 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 you're an accelerated right of collapse coming. and i see ultimately this is very lucky to trigger abreast national restaurant reschedule ripple across the country. and i'm afraid this is where we're heading quite interesting to know that's in the case of load shedding, alternative sources of energy can be made accessible,

but what water alternative sources may not be as accessible all available. this means that the situation of water is shading or shortage, can have more dire consequences than what we, as africans have already experienced for r c. no, no, we couldn't get into hands. but after a while, south africa is continue to struggle with out of a water shortage right now, america's west california coast was being replenished by enormous rainstorms. couldn't be at a better time, but a lot of the reservoirs that are extremely, if not dangerously low at the moment. so good news for california when time your program for this saturday afternoon returns at the top of yeah. ah so what we've got to do is identify the threats that we have. it's crazy

confrontation, let it be in arms. race is often very dramatic. development only personally and getting to resist. i don't see how that strategy will be successful. it's very difficult time time to sit down and talk with. 2 analysts, especially in national security agencies, are generally acknowledged to be among the leading experts in their fields. in a perfect world, they provide informed analysis to policy makers to allow those policy makers to make the best informed decisions. that's the way the system is supposed to work. but what happens when policy makers ignore the analysis even worse? what happens when policy makers discount the analysis and then seek out false analysis to support their preconceived policy.