it comes off of the block biggest economy, china reveal, but it's only one has replace the dollar as a country's most use trade currency, aging phase, the share group on more than $100000000000.00 worth in january, and now amounts to 3.9. truly a new one, which equals almost $570000000000.00. bricks countries are rapidly shifting to using their national currencies in trade. russia and india now says that oil deals in were peas, while russia and china. now carry out the lion's share of that bilateral transactions and new on plan for developing an all new unified bricks. currency are also in the works. although the blocks members have admitted the challenges of such a complex move. i discuss this with all to contribute to christ them here in the studio. a lot of countries just haven't had a choice but to change from the dollar to trading in another currency. because if those countries trade with russia in any way, shape or form right now, the united states is that if you trade in us dollars, we will sanction you for another country, but not have to look at other ways. and,

you know, as considering the u. s. have been stepping up the aggression over and over again on china. china has given them a solution. they said, look, why didn't use all cards to be living and be, it's a global currency. we control our financial markets in a far more effective way than the united states to go with us. so i think that's what happened in such and such a quick fashion that former whitehouse economists that sullivan, he said his thoughts on the consequences of adopting a possible briggs currency. let's have a quick listen to what he had to say. if briefs used only the brick referring to possible bricks, currency for international trade, they would remove an impediment that now towards their efforts to escape dollar had gemini, i think we could have been any better than ourselves if we tried. he's really explain what's going to happen. the u. s. a. car of constantly use that currency, essentially a threat against other economy saying look, if you, if you don't pay by all rows, then we're going to make it very hard for you to trade with that one. because everyone trade in the, the paper money that we print, i think what he's saying there is absolutely correct once that is gone. and it

looks like that may have actually just happened. and it's very, very difficult to say how u. s. foreign policy can keep going in the way it has done the time. in memoria, we've seen recently in china. how do you want women be? has the past, the dollar in cross border trade? what exactly does this mean for the global economy? what kind of impact will it have? i think it rapidly changes everything. nicky, because the chinese to that foreign policy, very different. other countries i would say to people when they say, you know, of friends of mine, home in the u. k. would say to hold the rise of trying to respond and i'll say, look, give me one country that the chinese have ever invaded. there is a warmth. so that foreign policy in the way they usually fiscal system though this is just my prediction, this is not something i've got any inside knowledge on. but i would say that now when people are looking to try them and be the chinese are offering them that currency at the spot cost, which means they're not paying. whereas if somebody is buying us dollars to trade, that's what it cost to it. so i think like china going down this path, we couldn't see that rapid shift towards the multi part order towards the bricks

economy is essentially trading with each other without the interference of the us happen in fall quicker than, than we've, you know, anything we've ever seen in our life part, it's a time of substantial changes. i mean, saudi arabia, also switching oil deals with china to the one to how significant other developments is that for the global energy market. but i think it's huge nicky, because let's take saudi state to go back in history. the reason saudi traded with the us dollar in the us dollar was the largest ally at the time. it was it providing with substantially, you know, the saudi that we see now on tv with the skyscrapers, wasn't the saudi that, that even existed 25 years ago. it's a very different country. and by moving away the saudi, the say look, we've had enough of you tried to control us. we've had enough of you essentially flying all your planes that have a good military bases in our country for one. and number 2, you're not going to tell us what we can and can't do it. all right, economy. but again, what did they expect? the minute the by the code that the leader of saudi arabia perry. and when i've been tried to shake his hand, didn't go very well, and we saw that as well by the fact when she visited saudi arabia around a year ago, just on the, we sold it,

boston different perception that he got to saudi arabia, as opposed to the u. s. president. many thanks for your company here in our state international. this thursday. we'll be back with all the latest to the top of the. yeah. ah, [000:00:00;00] ah .

ah. once a year, a national z lesher shyly yours is my dear bye. when you sit down with that by me, o grocery shopping, used to be simple, you get your mill, get your eggs and you get some meet them bread to day. there is apparently new food categories being created and it's expanding what we had previously known as just milk. all men milk cash, milk, milk, soy milk,

rice smelled coconut milk. have milk. who knew there are so many? i'm christy i and you're watching the cost of everything. and today we're going to be diving into the milk industry and taking a look at the cost of producing these plant based milks versus your traditional cow's milk. ah, non dairy milk options has skyrocketed in popularity over the last couple of years for a variety of reasons. of course, you had those who are lactose intolerant, but there's also a rising number of the population going vegan or dairy free. dairy mil consumption has declined in the u. s. over the past 7 decades. where in 19 seventies the per capita consumption of cups per day was point $96.00 cups to only point $49.00 cups per day in 2019. but even so the u. s. still ranked 3rd across the globe in terms

of mill consumption. that you a 2nd and india is at the top, drinking about $85000000.00 metric tons of milk a year. india is the world's largest producer of milk and also the largest consumer . and not just for dietary reasons, hindus use milk and its products for religious purposes because it is believed to have purifying qualities. d is used in lamps for rituals. milk is used to bays on special occasions. and it's a part of the hindu life from the infants 1st food to the last rituals after death . the vast majority of india's milk production is sourced from water buffaloes instead of cows. and nearly all the milk produced is consumed domestically. very products like yogurt, cheese and g r. staple foods in india where a large number of vegetarians depend on dairy as a key source of protein in their diets. this is in contrast to china,

where asian people are genetically predisposed to be lactose intolerant. around 92 percent of adults, including myself, suffer from lactose intolerance in china. in 2021, the chinese population consumed on average 14.4 kilograms of milk and dairy products per person. now that is relatively low figure compared to other countries worldwide. however, the chinese government is play an important role in promoting dairy consumption in china, launching programs to provide each child with a cup of free milk at school. this goes hand in hand with the growing health awareness, especially after the covert pandemic of the nutritional benefits and dairy products such as calcium facilitating digestion and boosting the immunity system. so rather than drinking liquid milk which is not agreeable, the chinese market is turning towards adult powdered milk. this is a functional product aimed at addressing the specific nutritional and digestive needs

a certain adult grids and makes it easier to consume. despite its tremendous growth in recent years, per capita consumption still remains low. so now let's bring in doctor silverman sharla was scientific director of the agrifood analytics. so doctor, 1st of all, is milk actually healthy and good for you? why is it such a popular drink in the west? because keep in mind, humans are literally the only man on the world that still drinks milk past infancy . there is no other species that drink milk into adulthood. so why do we do this? and is it really good for you? well, i mean, you have to go back hundreds of years. i mean they, it's really more cultural. we as humans, at some point we decided to, to give us, give ourselves access to, to healthy animal proteins. cuz many years ago we did do a lot of manual labor, we needed strength,

and so we associated proteins with strength. and so that's why of course having cows is, was actually quite beneficial for, for people working essentially. and of course, dairy products came afterwards, the yogurt, that for mentation, the cheeses, all that stuff came about i'd say about 500 years ago when we decide to kind of do something with butter, fat, and, and milk. and it never left. it came mostly from, from europe and it got transferred over to north america. and one of our, all the growth hormones that are in milk these days is that something that people should be aware of that steroid hormones and growth hormones used on taos will pass on into the milk and subsequently to you. i actually growth hormones are illegal in canada,

they are legal in am i it states. but the studies show that there's no risk for humans at all. and about 5 percent of dairy farms in the west do use growth hormones. and so i, i don't see, or at least so research suggests that the use of growth almost doesn't represent a food safety hazard for humans, at least not at this point. is there a clear difference or advantage between populations who consume a lot of milk versus those who do not? not really, i mean it's more of studious culture food. it food is, is all about tradition as well. so you kind of have to appreciate those aspects of food we do, we eat certain things, not because what we like or i just it's part of our culture essentially. and over time, those habits have been embedded into our food choices every single day. if you go

to other places are on the wall world milk is not consume very well like india for example. but it, it just they, they, they basically consume other things that can actually address nutritional gaps that they may have in their diets. because because we're traveling more now and because we're more globally aware as citizens, i think there is a movement away from and are proteins in general in the western world specifically. and so people are looking for and that's why there are alternatives that plan base products vegetable proteins are becoming more popular. it seems like we've been told a lot of myths growing up about milk, saying that it has a lot of calcium to build strong bonds. now a sweeter study suggest than drinking more milk, not only increases mortality, but also increase the risk of fracture. what do you make of this?

i, i haven't seen that study actually, and it, to be honest. i, here's the thing about dairy research. a lot of it is funded by the dairy industry so, so a lot of studies will support certain narrative and, and yet you always have to be careful with, with the study. so if it's a one off, it doesn't, it doesn't tell you much, but they are if there are several, if you could duck a, met the analysis and then you realize that several studies, actually i've come up to the with the same conclusion, then that's a bit of a head scratcher 2 years ago, canada has decided to just name a water drink of choice. when for 50 years it was milk to drink of choice. so that was a bit of a departure that really didn't go well with the dairy sector. but i think over time, as the food guide becomes more institutionalized, we are expecting more people to,

to move away from fluid milk. thank you. so my stock, i sell then shiloh, blah. dr. sylvan will stick around because after the break, we will analyze who is the biggest contributor to the overall waste and earth pollution? is it dairy production are plant and base milk factories? what do you think? well, have the answer when we come back. ah, ah, ah. new hungary has been a member of the european union and nato since 1999 during the 1st post soviet wave of nato's eastward expansion. a longer thanks,

a c. like by the conscious e. so me that me it if so we get the actual zappa did lose my edge to what we show a dream. yeah. still more gina beach, but i see you, but i see us play boshoway among gucci stanley. in the early ninety's hungry was a country with the worst view of russia due to historical disagreements left over from the soviet union. i am green is all right and what are you? some of not yours? no, but you know what i see if you wrote somebody in the gum handle political more than as what i see is great. and i did it at the political the house with

cash. ah ah, i'm william quantity with them. would we give that to the state of celia? was this because they did to squint each year a year in new year. oh, for here, i teach the way. no, i me teaching that sure. to school and you, if you did a from google was valuable, would you repeat the law for sheila? it's for wishing to achieve and when you moment. but the woman was more mono, william with,

from bush not to not slip putting them on there. glad to book many her what they completed. i'm was just, i did i used to the new most. i'm only, i'm old. a used to show finished as he shows a full review of your homeless national, put your gums. we have to do for the reporting, a couple of people from lucy, sure intravenous, on the whistles, good judgment, ah, b locum back to the cost of everything. dairy farming is one of the biggest contributors to greenhouse gas emissions globally. now this has prompted many to switch to a plant based milk, which is similar and taste like soil almond but is non dairy milk really better for the environment. let's take a look at the 3 major categories, emissions, land use,

and water use. dairy farming releases harmful gases like methane, c o 2 and nitrous oxide into the atmosphere with some of the biggest sources coming from manure management and food growth. so the impact of one glass of dairy milk would cost about point 6 kilograms in admission. and contrast, plant based milk for the same amount would emit about point 2 kilograms of gases in terms of land use. dairy farming is very intensive. more than 2 thirds of the world's agricultural land is used for livestock, mainly dairy and beef cows. this causes soil erosion over grazing top soil last that could take decades to replace. so a cow would need about 1.5 square meters of raising land to produce a glass of milk. meanwhile, plant based milk has a minimum land usage. it would cost less than point 3 square meters to grow enough

rice or soy or oh, or not. for a single glass of milk. and finally, water usage is high for dairy cows to raise them, grow cow feet and manage manure. dairy processing plants also require water and the run off from the manure can cause water pollution into the water sources. it takes about a $120.00 leaders of water to sustain a cow to make a glass of milk. meanwhile, plants also require water to grow, but not as much. almond take a lot of water, but only about 80 leaders to produce a glass of milk. rice would take about 40 leaders to grow and the global market for plant bass. dairy is now currently growing at a compounded annual growth rate of 13.3 percent when the market value of $53900000000.00 by 2028. this, however, is still quite small compared to the overall dairy market,

which reached almost 490000000000 in 2020. however, the asian market is already on board, as the soy and almond milk markets have been strong there traditionally. so i has long been a staple in chinese and japanese diets. and now increasingly asian consumers are turning towards plant based milks so they can satisfy their taste for something creamy and milky. but also avoid lactose intolerance symptoms and drinking high calories. in 2020 china's milk alternative market was $8500000000.00. while the u. s. was only 3100000000. and now we have dr. sylvan shiela boy, back with us. thank you so much, dr. now there's been a lot of arguments saying that plan base milks are better for the environment than traditional milk. do you think this is true, especially when you add in all the water and fertilize and everything and taste to grow enough almonds or cashiers to make these not milks? so yeah, to your point,

it depends of the source. so i would say that when it comes to dairy alternatives, old milk has probably the upper hand. oh, doesn't really quite a whole lot of water, but by when you look at almonds, for example, the case is much weaker. so it really depends of the source of, of, of the product itself really. and then with toe food, for example, with sawyer, the case is fairly stronger. i mean, there, there are that when the environmental footprint of some products are actually typically much better than, than, than, than milka or dairy products in general. now, well, no gall turn is ever replaced conditional. now, when it is cheaper to produce root, replace, i don't think it's i think there's just 2 different products, sir, but i do think that the dairy is facing some major headwinds for, for couple reasons. one, the environment for i think the case cannot be bettered over time,

but other cases are going to be bettered. and secondly, animal welfare. i mean, if you've been on a dairy farm and you understand their genetics, i mean, it will throw a lot of people off. i grew up on a farm. i know how milk is done is made and how you impregnate a cow. but if you explain that to say a city dweller, some who's never been on a farm, that person may get upset with some of things you say, i'll explain how all our farms actually operate. and so, as you learn more about dairy farming, and i often say that the dairy farmers, i mean, yeah, you want to advocate and, and show transparency but may be said girls won't like what you're showing to them . and so there's that going on. animal welfare is a big deal, i think. and it also of course health health is a big one. and finally, social economics, the price that we are seeing

a major difference between the between different bar price points. we don't know, we don't think that annual proteins are going to get any cheaper. however, all tutors are likely gonna get cheaper. so if you're on a tight budget, you may reconsider your options. and do you think plan may melt? i do think it's simply a fad or do you think that the market segment has a high growth potential? i think as, yeah, i think, i mean, you're already there. it's double digits blessed through 3 year. yeah. there is a movement towards alternatives for shore. your see, you see that the grocery store, there's more space dedicated to their alternatives. now one is martini is tempered, is a glass of regular milk or non dairy milk trend. and generally speaking, which one is more expensive? because there's because you have subsidies in there. i'm and america subsidizes.

it's very industry. can it canada subsidizes? it's their industry. there's a court, a system. i mean, it's a, it's, are, it's a hard question to answer because it's just hard to compare really, like as dary alternatives, the price you pay, the grocery store is, is a pure net price there. there's no state interference or very little wise dairy. it's heavily subsidize, so if you actually stops as subsidization, you'll see the true cost of dairy, which is something we don't see right now. so excuse market conditions. and what do you think is healthier? not milk, plant, milk or traditional dairy milks, do non dairy alternate as have all of the nutritional benefits gwyle i, we're, we're actually a hybrid household. we actually drink everything. we're,

we're either because we, we want choice and i think that's really the, the challenge here. i think it's important to democratize animal protein and allow consumers to decide and not to impose in their space for small farmers to succeed and innovate within the mel cartel. and do they have the consumers as a priority in their minds in canada? it stuff. yeah, it's very tough. i mean the, the dairy lobby in canada is incredibly powerful. they, they will squash any menace in a, in a 2nd. they, they, it's a, they don't like innovation. innovation represents a threat. nia says yet you guys have way more choices, way more choices are and frankly the quality is actually better. i'll be honest with you. the quality is much better in u. s. i actually lived in florida for 6 months last year and i couldn't believe the butter and a yogurt. it just stays difference here because of the cartel. everyone produces

mill the same way and they make money. they don't really have the consumer on their minds at all. why in america, you don't have a choice, you have to really think about the consumer is non dairy market, a competitive one. it's getting there, it's getting very up there. so there's some economies of scales. and i actually think that over time it will only become more competitive. why do you think the milk industry spend so much time convincing you that milk is good for you? why? ah, well, 1st of all, so he, canada, they spent a $150000000.00 convincing us that milk is buried, say it's actually when you think about it. it's $9.00 per capita. there's no other budget like that. it's the largest marketing budget we've ever seen in canada. it's just, it's mind boggling. and it's really about reinforcement. it said it's about really getting are, there are message out there and it's more about image. it's not just about getting

people to think that milk is healthy, it's about image. and so whenever you see a producer dumping milk, they did, they want you and i to forget about it and think about the blue cow and in the feel they're all walk it around nicely. that's what they want you to think about. they don't want you to think about the nasty stuff that they're why they spend aren't $50000000.00. thank you. so my start to sell, then shiela, blah for your time and insights to day. so who are the winners and losers here? well, as the new product line, non dairy milk are going to be gaining ground and taking market share from the already established area industry. so in that respect, your traditional dairy segment is a big loser. many people are also now starting to choose plan based alternatives to cow's milk for themselves or their children because of health reasons. and the rising obesity epidemic compared to one cup of whole fat, cow's milk, most plans,

phase milk had 37 to 75 percent less fat. traditional milk is actually a big double loser here because on top of that plan, base milk is encroaching on their market share and it's also experiencing an overall decline in consumption compared to the previous decade. mill consumption is down 42 percent from what it was half a century ago. and while some of that is attributed to plant based alternatives supplement is also because of the wide variety of beverage options that we now have these days he got so does fizzy beverages, kabuki fruit juices, flavored water, drinkable yogurt, t, coffee's etc. milk is no longer the only option on the table. i'm because the i, thanks for watching. i will see you back here next time on the cost of everything.

ah, what i would show seemed wrong when all just don't room. yes, to see out this thing because the after an engagement equal trail, when so many find themselves worlds apart and we choose to look for common ground. i'm rick sanchez. and i'm here to play with you. whatever you do, you do not watch my your show seriously. watch something that's so different. my little opinion that you won't get anywhere else work of it please. if you have the state department, the cia weapons makers, multi $1000000000.00 corporations, true your fax for you. go ahead. change and whatever you do. don't watch my show

stay main street because i'm probably going to make you uncomfortable. my show is called direct impact, but again, you probably don't want to watch it because it might just change the way you think a career is russia and turkey is biggest coming project with a total investment of 20 $1000000000.00. turkey as the nuclear power plant, as with nuclear states, is with the flag of people, atomic energy raised above it. the russian and turkish president depended the ceremony via video link. despite rumors about the ones help with k, stopped short of making faith were exposed to these refugees, arguing it can't allow everyone in the country as in stark contrast to the country