[000:00:00;00] the the archie examines are russian forces are repelling the timing and the types of on the front lines look on the republican. this is called the election interference and yet another attempt to rick and steal a presidential election. donald trump despises his indictment as he pleads not guilty to charges of miss handling classified documents and the 26th

annual st. petersburg international economic form kicks off in russia's northern capital. as over $17000.00 participants, and $130.00 countries attend the major economic event. we bring new special coverage here on our t the coming to ride from the russian capital. this is archie international. i'm rachel evans here with the top stories of the our welcome to the program. in russia's defense, ministry has stated that 7 and a half 1000 ukrainian soldiers had been killed and wounded in battle since june. 4th, are to see where is it on, off, examines how russian forces are holding the line all across the front line. ukraine's troops are robust as the counter offensive has commenced,

and russia spares no effort to nip that in the bud. these go on the refutation of a sniper rifle. and now a 152 millimeter caliber packs, a might see punch the lies on the southern front. chief has so far pinned its hopes on crushing rushes defensive lines there, but to no avail. he outside the town of least chance ukraine is pushing relentlessly to. but all to a similar result, the

big guns of the backbone of keeps offensive. so counter battery fire is vital for russia. lucas now and that's our group as coal sniper is because we were very accurate, the shooting hating and destroying, and we talk it's we even receive the challenge for the granting is for know to read to you, but we didn't accept it because they were very cunning the key to success is to work as fast as possible to work in a cohesive team score. everyone must perform that you just quickly and not interfere with the others of school was suffered into don't pass artillery fire accounts for an overwhelming majority. it tends trenches into school, which stuff it melts, my incentive rate's everything in its path. a he tillery has proven once again that it is indeed the god of war makers done over closing

from the don't pass oxy. profiting from more german arms, producer wine metal has seen its stock market value jump as the continues to send weapons to frame was a company, c e. o, claiming he expects to further boost the firms income archie contributor rachel mars and has more. the more evidence is rolling in a decisive winner in the ukraine conflict, western weapons manufacturers, the ceo of leading german weapons manufacturer. ryan metal now says that his company is set to see its profit skyrocket, at least in to 2025. i want to raise an income in 2025, should be bought one point of funds being in euro's, that'd be even 1.7 bit in years. for 5 allegation multiply that's with effect. so if 11 or 12 that it gives you an order of magnitude. now this is a company that makes the leper to tax and munitions that have been given to you credit. so it's not surprising to see that the company share value has been on

a general upward trend from around the end of january when the german government agreed to send the tags after much bullying from ukraine and it's western allies. and then when image is started circulating of leper tanks getting blown up by russia. well, the share value just happened to take up yet again. time will tell whether this particular trend hold, but it seems that blowing up old weapons that were just sitting around in germany's garage is good for business. after all, the european union has used you tax payer funding to rev up the blocks military industrial complex following in the footsteps of their us allies with billions of heroes, aaron bar to replace weapon stocks of european nations that donate their hand me downs to ukraine. it's kind of like a teenager who has an old clunker of a car and their parents say that if they give up that old piece of junk to their little brother, let's say his name is vladimir zalinski. then mom and dad, mr. or mrs. brussels will buy their other kid a brand new ferrari and ryan metal. c e o is basically

a meeting that ukraine is just one big cash cow. much of a growth is due to the terrible war and ukraine. no countries, europe is well prepared in case and the caressing vase, that governments have understood that which is why the month full of products is rising. the performance of the weapons are kind of a moot point when they're reduced to a steaming pile of rubble, a fine missile strikes. but a weapon that needs to be replaced is more profitable than one that doesn't. the slovak you and prime minister also will drop the truth bom, recently about the racket that the u has created by incentivizing european countries to full. i do crane with weapons warehouses across europe or m t. o armies will very stuck in a weapon system and warehouses. and this is a 5 to 10 year jo. today i'm your nation for ukraine is bought through a centralized european procurement system. and if we don't produce it in slovakia, providing income and jobs for the country, it will be produced in the neighboring country and it will still get where it needs to go. it sounds like he's saying that the new has created

a welfare program for weapons manufacturers who otherwise would be out on the street begging for money with a $10.00 can. and then i patch. and now you countries like slip back yard, getting out there, sharp elbows to make sure they get the biggest slice of the pie that the you is serving up. now, it would be nice. so if europe was also interested in where these weapons actually ended up once they were out of sight, we keep hearing about how western nations have committed to helping ukraine's defense, but don't want western weapons used against russia. now that seems to be easier said than done. belgium is under fire right now for weapons that appeared to have ended up in russia's belgrade region. when you look at the photo, so you can see that it's on athens car. does it come from equipment in belgium? delivered this part of it say to drain on monday, i send to lots of tomorrow. you can in defense come to ball. it's asking for clarification. i hope that at some point we'll know for sure you're free and present environments. zalinski keeps asking for more and more gifts of weapons from

the west, like a kid who breaks his toys 10 seconds after, on wrapping them on christmas morning and says, the tax payer's ultimately paying the bill and his benefactors are seeing record profits as a result. well, they're only too happy to oblige. a fuller planning on official, michael maloof says major arms manufacturers have a vested interest in the war and crane. were seen this war continuing because of that continued lobbying by the, by the major manufacturers, the under secretary defense for a policy in the defense department in very recent days. as warns that supplies are depleting so quickly that we may have to switch over to a more of a war time production. that is, that would be a major decision that would be hotly debated in congress. and i would really think that's that because they would have to be paid. we can't keep up with this with this kind of level of destruction,

of weapons and keep up with that says and supply indefinitely. if you have the united states wants to continue that conflict and ukraine seems to think, based upon the rhetoric he hears from the politicians are these various nations. he's encouraged to try and continue, and that's settled this war once and for all of that's the problem we're running into. it's going to take a ground swell from a populations in these european countries and in the united states to say enough of that because there is no rhyme or reason for the. meanwhile, more than a 100 people have reportedly died in nigeria after their boat capsized. search and rescue operations are still ongoing. the incident occurred in the west of the country on the 9 year river. the victim, including women and children, were returning from

a wedding on monday morning. state police report that 103 people died and more than 100 were rescued from the vote. experts say that such incidents are common in the region for many use, poorly maintained an overloaded vessels for transport as well . are you as president, donald trump has pleaded not guilty to 37 charges over alleged miss handling. i'm classified documents, he says the case was fabricated against him to sabotage the upcoming election, which is the most evil. and hey, is abuse of bell or the history of our country. very sad thing to watch. it corrupt . sitting president, had his top political opponent, arrested on fake and fabricated charges, of which he and numerous other presidents would be guilty. right in the middle of a presidential election. this is called election interference and yet another attempt to rig and steal a presidential election. more importantly, it's

a political persecution, joe biden will forever be remembered as not only the most corrupt president of the history of our country, but perhaps even more importantly, the president are together with a band of as close as thugs, misfits and marks is tried to destroy american democracy, i'm here out in front of the court house, where in the last few hours we had donald trump pleading not guilty to 37 different counts of miss handling classified government documents. and at this point, uh, we have now heard from donald trump and many of his supporters and many republicans in congress who see this is simply an effort to meddle in the upcoming 2024 elections. donald trump made his court appearance. there were thousands of donald trump supporters outside the court house. and then donald trump returned to new jersey where he gave

a message on the indictment to his supporters. they want to distract from the real espionage and the real crime. so let's use president trump to do so. let's go out and let's indict president trump, so they don't talk about the $5000000.00 bribes. remember, they impeached me for asking the simple question about vitamins corrupt dealings in ukraine and now they see that once again i was right. i was right, i was totally right. joe biden. and the radical left can take foreign bribes and be totally protected republicans. all, you must finally get tough, you've got to get tough. you gotta get tough and you gotta show when you arrest your leading political opponents, we no longer have a democracy. you have a nation that as we are, isn't serious, serious decline. we have a nation in serious to lie. now in his message, donald trump said they want to take away his freedom. he said they want to take away my freedom because they, i won't take away yours. uh,

that was one of the memorable quotes from his message. to supporters and many are linking the timing of this indictment with the new revelation about the biden's family and their alleged corrupt dealings in ukraine. and the revelation that the f b, i seems to have covered up and protected that investigation from being made public . and there's a lot being res, now, by republicans in congress about dividing family and their dealings and connections in ukraine. so many are wondering if this is not only and a half or 2 metal and prevent donald trump from being successful in the 2024 election, which polls indicate he would win if it were held today. but on top of that, many are looking at this and asking the question as to whether or not this is done to distract from the revelations that are now surfacing about the binding family and their connections and the efforts to conceal those things. so at this point, there is

a lot of cynicism. there were many of donald trump supporters out in front of the court house today, protesting donald trump was greeted by many of his supporters in new jersey at a rally where he just gave that rousing message. there are many people look on this as a dark day for american democracy where it appears the department of justice is being weaponized against one candidate in order to secure the re election of another. as the case against trump is under way, or republican senator has accused washington of double standards by ignoring accusations against president joe biden demanded that a series of incriminating audiotapes be made public. in the 49 sol possesses 15 audio recordings of phone calls between m and a 100. by, according to the 1023, the 4 national possessors to audio recordings of phone calls between him and then vice president joe,

by these recordings were allegedly cap as any sort of insurance policy for the, for national in case that he got into a tight spot congress still lacks a. busy incomplete picture with respect to what that document really says, that's why it's important that the document be made. public. busy out unnecessary redactions for the american people to see it is a lead to the recordings which are under investigation link 5 into the sacking of ukrainian prosecutor. the us president is also accused of threatening to withdraw $1000000000.00 in u. s. military aged to yes. if investigations and to be printing oil company buries months, or hunter by then was on the board of directors or not brought to an immediate and the alleged incidents took place when biden was vice president of the director of christopher reg is also under the spotlight. he is acute, still have

a list of during the classified, but incriminating tapes that has oversight. committee threatened to hold rate and content of congress after t ignore that subpoena talk. show how steve malls berg believes that trump's indictment was pushed to cover up new allegations of jo biden's, corruption scandal. a good timing of the announcement of the indictment was about covering up the news that broke on the same day that you know, there were documents that existed in and phone records that existed for all the calls that allegedly have joe biden. and his son hunter talking to arisen officials about getting the prosecutor in the ukraine at the time. fired. and allegedly they got paid $5000000.00 a piece for doing that. so that would that think the timing was designed to get that out of the way and make sure that that by the story wasn't covered at all. but i think ultimately this indictment was gonna happen. they've been working on it for

a long time. if there is, in fact, bribery that took place, i think it puts a whole different uh, take on, on the uh, our support for ukraine. it calls a lot into question. and not the least of which is uh, is joe biden's uh, a survival in the presidency as far as now you're being impeached and, and removed from office possibly. so i think we have to keep an eye on that. it's the $26.00 annual st. petersburg international economic form has kicked off in russia's northern capital here on archie will be bringing you special coverage throughout the week. on the, let's go live now to ortiz unit o'neill, who is in the thick of the forum unit. and can you bring us up to speed? what's the latest there this hour? yeah, it is indeed right off the speed because right truck the day they're being run tables, delegations,

debates discussions at from everything from the markets to world hunger. it's all happening. you're, it's day want, as you say, of the st. petersburg, international, economic for them. and we've seen that lucky enough to get some really distinguished guests at the right the day as we will all week at. so do check in was right throughout the week until saturday, because this is a 4 day event. well, let's welcome into the program. now glen dice, incleanse a political scientist professor at the university of side eastern new. we're glad you're most welcome to the program. so it is quite enough bend tears that absolutely at huge extravaganza, all of all but of various ad delegations of things happening from so many different sectors i see, to tourism at from around the world as well. and i think that's one of the most important things here is it seems like a truly global event here. yeah, i guess

a global event will be the best way to describe it then the spend one of the interesting things here as well as there's a, a seal, this people from around the world, academics, private industry, government officials, you know, coming here through russia to exploring different opportunities, so am i in the my, my must be just sarah small sleeping on the arctic. but even there we see. yeah, huge, huge developments us. the restaurants are reaching out to partners which many of which yeah. pretty far away from the arctic button on the left you see it is see a really good global approach. so it's, uh yes, yeah, they pass that in place to be and perhaps even more so that's the last number of faults, perhaps even a year there's been a slew of western sanctions and at the beginning it was quite the crept off. but then officials were quite r drive and stating that that's what we want. we, we want to isolate russia and as regards the ukraine conflict. but when you see

delegations including government delegations for over a 100 countries here, thousands of delegates, particularly the, the middle east and africa as well as of course central asia here as well. what kind of message is, is not giving out to perhaps those who think that russia is isolated. well, regarding the function. so i think only about so 85 percent of the world population live in countries who i'm not showing the sanctions. so i think that the form kind of demonstrates how the world is changing, but also how rushes changing. because a lot of the economic power in the world is now shifting the world as well over the past 2 years ago. and really from unit polarity, this are unit florida to multiple arthur, but all of us, so we'll see how russia has changed because this form so initially began with the roster, trying to seek investments and inter come on the cooperation with the western countries. but now it says looks like almost an instrument to reach out to the why the world. so how this new one great through your ration partnership. so i think we

saw some changes began after 2014, the wind rush on last to be some hope in being able to create this inclusive year. and they've been gradually, it's attempted to have more economical activity with the rest of the world. but now, especially since last year, because of the sanctions, a lot of this in initiatives have intensified to a huge expense. so now use the rest trying to, well not necessarily be coupled, but out of necessity. it has to speed up this transition from the rest of the east and see why the economic corporation, again, not just east africa, a lot in america. and obviously some being the main markets about the found the less as a huge changes happening. and what you're seeing from the rest of the world outside the west, the, they say, yeah, there's a lot of optimism about the opportunity to solve a yes thinking more cooperation with russia. so it's a, yeah, a lot of things happening on the on site it's, it's fascinating though, isn't it,

because for for years we have heard that there needs to be a more multi portal world. there needs to be an examination of how the wes relates to the global side. for instance. as you say, sometimes the necessity is the mother of all invention. you're pushed into this and maybe rushes ahead of the game almost in a way that saying that, well, we've already got existing relations with a lot of age and not for it yet, but i know it's time to really refuel not to re energize and i'm looking around me when you see the nationalities here that appears to be what it is saying that we're, we're going to do this anyway, but it's just expedia that what we wanted to do. yeah, definitely. and also i think it goes much a faster, but it goes to my paper because if you just have the regular trade, of course it can diversify temporary. if you want funding, what you're seeing is a much deeper changes in the international economic infrastructure. that is, you see the main technological center, there's

a decoupling from the west and technologies. you see the main transportation coordinators being shifted to be the west away from the west and you seeking you direct through it. so with see a countries like india, china, and then also the financial instruments of power are changing. so the payment systems, the currencies use, the oldest from the mental blocks of the international economy is shifting very rapidly. and i think that the, the rush is doing a necessity, but the also the rest of the world are seeing all this can be done. so why not to yes, to jump on board because the rest of the world is also hostage to the sanctions. because you have secondary functions, so if it's like china, india, they're not gonna let themselves be cut off process. so the, even them are now pursuing new avenues of the, of, of, uh, connecting with russia independent of the west, which is why i keep making the point that these functions are to large extent and exercise and self harm. and because in the 9th is when you have this unipolar world, if you would have sanctioned russia then, then got someone else to trade with about the multi fuller world will see. it's

a sanction rush. all you simply handing over a huge market share and the rest of the world seen see a more than happy and i'm taking that bend, taking this out. so that's been my main concern in criticism is that we might in the west texas sanctioned ourselves by cutting ourselves all the markets. lowball capacity. yeah, definitely a huge blow back and i think, yeah, that's also quite evident from this. uh, yeah, from this form. yeah. okay. just touching the point you made their plan as well. do you think there are other nations observers looking on here? because with, with functions us lead sanctions, you've got the situation where it's they're using it as an economic tool to punish the country. so if you whole reserve, your, your, your currency reserves in dollars, and that's all just taken away from you, the payment method, the, the ability to use dollar you or whatever it is. because you're in a spot because you're in an argument with the country,

that currency is from that mix things tenuous, doesn't it on, on the international level because they're thinking, well, if we have an issue with the us and all of a sudden they don't allow us to use that currency, it's not a very stable environment, their relationship. no, not at all. and the, and the problem is it's not just, i'm very serious of the united states. this. the functions also goes against france and i loss because uh, well obviously the chinese have got the message if they're getting calls like conflict with united states in the future. and they might be treated the same way. but also countries like india who gets along well with the us, they might also be, is punished in the future if they just from secondary science just if they want to continue their connectivity with the, with the russian different countries and melisha turkey, they're all threatened with punishment unless they've told a line. so if you want them all, if they fall the world, you won't have an independent foreign policy. you really need to have a to diversify your economic on the activity, which is why you see many seeking to reduce their excessive dependence on the

united states. simply because to be comfortable for sanctions and the, and i think at the end of the a lot of our keeps the tears. and so now being weekends, i mean, this morning i gave a speech about to the arctic. and this is a great example because arctics, pretty much russia, i was just half the arctic, plus 7 other western powers. well, nato countries about the but the main, the main thing is because if we sanctioned russia what's gonna happen? this is going to be the end of, i think that opens know they're going out to the rest of the world, the indians, the chinese, brazil, the arab states and all this other countries of, onto work there. even though they're not the marketing states. but now we're seeing new institutions appearing to facilitate the non western states in the arctic, even though this was effectively uh, you know, western and russian regions. so this is quite dangerous, this prolong functions which are so severe as well. and the longer this they enforce, the more effectively the world world learns to live without the rest of them. that's kind of what you've seen this form as well. so it's so far more blow back

and see the frame dollar eyes ation it's. it's become all of a sudden at a turn because there was a push towards it for it for quite a while. but now like in assess the seems to be putting the 1st and foremost, putting that off the top of the issues. because if, if you're a country in asia wanting to trade with somebody in africa, russia, with at a country in central america, does that make sense? to cut out the middleman to, to, to use your own currency. this and not there, there's going to be obstacles. i would imagine in the short term, but it would be in those countries, best interest to progress towards that, that's on it. it is the, the reserve currency of a dollar, but if you move away from that, it's benefit for, for those nations in all is, well, you don't think it's stopping. we'll have both advantages and disadvantages. the

disadvantage. and obviously, sir, this list amount for your own currency to use the dollar. the advantage of using the dollar in the past, obviously been, you know, one currency for international trade which makes it can make trade a lot smoother. the problem with the dollar now is 124. the one would be the united states has to some extent of use this rule full in 2 ways. one would be, it doesn't show much fiscal discipline that it's a, it's a, it's a creating, a lot of that's and us, it has this huge one. it's a trip to city, one trillion dollars now. and that's effectively allows that to export a lot of the costs because when the whole world of oldest, oldest dollars, oldest that's in the us, prints new dollars. what they effectively do is set the tax, the whole world to pay for the us empire because the don't want us to become less worth it. it was worth less so. so this is the problem. there's no fiscal discipline. and, and 2nd problem is there with the nice thing, it's a greater expense. so like a set of address areas i'm friends might get punished by the united states unless

they follow the policies of the united states. so it comes with a greater and greater cost of that. so i think many countries have been wanting to move away from the dollar for quite some time, but the, it's a, it's a learning curve and you need that. and this again, set a search advantage to use the dollar meantime use, that's the main currency for example in energy about what you see now is this huge the coupling because he wants to go off their country like russia and you can't live without them. so now you see the chinese, you know, thing the trade with arm states across the board. so it's gaining momentum. when thank you so much for coming in our studio here. i'm giving it a sense of all that at glen dice and political science as a professor at the university of side eastern. no way, always a pleasure to talk to you. thank you very much. okay, rachel, back to you. as i said, more guess throughout the day, and we carry a lot to talk about. do hope you can stay with this, right, right. the week up the st. petersburg, international,

economic for that's insight into the increasingly multi polar world. you won't find anywhere else are changed. you know, neil's thanks so much for that update. and on the sidelines of the forum, we had an opportunity to talk with the ceo of leading ladies africa, who says that russia is helping africa rise again. there is some image in the applicant of life, not only of blood pressure, those liberate ourselves from colonial, but it is a way to move the african j invested in slippery to say, wow, africa deserves. tools celebrates and in the hands, it's lovely that i share that was very when we needed friends is the same emotion. now that's a way to move