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tv   Direct Impact  RT  July 15, 2023 4:30pm-4:57pm EDT

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the $55.00 just have already localize the blaze. well, a far as he's a no investigation because of the incidents the. what's the south korea now? well, last, have long slides and floods of less of these 20 people did. the government has all the thousands more to evacuate from that homes. 3 days up to angel range on the korean peninsula, habits as casualties. according to government reports, 22 people have died. 14 and missing and thousands will have already been evacuated . these numbers could rise further, lot of slides on hand during evacuation, if it's by preventing trains from assisting with the extraction of civilians. it has also been severely impacted by flooding is 90. 1 people have died from the eastern part of the country. there's a village is being swept by rising voices, they dissolves to what's caused by floods, which is from 2 rivers over flowing due to monsoon rains. it rains 1st hit the south asian country in late june. according to the national nature, we'll meet metro,
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a logical sense of the down pause will continue in south and south west park. hassan. west, lots of like for had some locals who witness to his house. perfect. so it's, i don't do the economy. we don't need food if the government compensates us for the last crops, it would help us. it can also help us were built for electricity bills of the look around. we're in trouble. the last isn't countable. we're poor people. what do we do now? as lovely? what else did you do this? lots our house has been destroyed. the groups have been washed away by the what's on the government must help us do after the devastating floods and save the loss of crops, wave our electricity bill and help us in any way. can we start the process the gains propose changes to the judicial system continue and as well as crowns. gathering televi fully $28.00 foot pumps control the supervising mass protests in the country. if the legislation most seriously restricts the powers of the supreme court,
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they will position the claims that the current furnace and that's me all who will use this for his own game and occupation that the p n denies. as the crowns gathering the country's largest city, benjamin netanyahu is now in the high duration, according to the offices now to be solved pertaining to a public off at the cost of the where the president has some to recent outburst of violence and paul and pay 3 was a department and so he was speaking about ways to be escalate tensions with that, the ethnic subs and open cost the cost of a the the use and physical violence is a to, to address political disagreements. is the greatest home that can be done to institutions that will build was so much can sacrifice violence, has no place in the temple of democracy and cannot become
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a political to the wrong cause. the vice prime minister spoke about ways to diffuse tensions with subs. living in the northern pause, i'll be self proclaimed to a public. haven't recently announced plans to reduce police presence it. ethnics majority areas accusing repeal of jeopardizing cause of his relationship with the west. the opposition, if that was followed by a severe commotion that included close being broken back in may, tension sled up and building calls. today, when businesses protested against the appointment of ethnic albanians as government officials. native peacekeepers were deployed from that basis in the regions, the scene of the unrest which spawns classes with the subs, leading to thousands of in to recognize the cost of those don't pertain independence from 2008. european studies was such as steven di, edge saves violence. there's nothing new for politicians, it's unquote the base things on his own medicine. as an oppositional leader, he used to bring your gas personally into the bottom and call. he sees how,
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how this looks like when he's on the other side of the road. he thinks that this is probably enough for him to continue with the, the, the legal arrest of all the citizens of the serbian, the base of the serbian citizens and to serve you under a province, however occupied by me to an end to him in his diffusions by the cross obedience separators, and therefore uh he, he thinks that he to continue with the, with the this vials. however, we will see what will happen because the opposition parties think that their relation, the separate this relation to the west coast. this behavior, if the west acts decisively against the frank, is find basically that they made, which is the cost of a separate this to fail state. then these uh will, will account for, for a certain period for non certain that i was
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a period of time. and if i, if a company or the international, we have 5 minutes, the, the good news for 30 years and 2 languages around the world in here in the united states interviewed for president's worked and for the u. s. has major television networks. i believe there should be honest, direct and impactful this the, you know, countries around the world and added states dollar. now for the better part of the last decade at 1st it, it was maybe more of just that i sent or maybe even a whisper. so as to not get shut out or shut down by washington or us bags,
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but now the question is being, it seems and with more conviction, here's brazilian president luis, ignacio little of the silver saying it out loud and for all the world. but here i'm doing so from china, no less to put the load. give me the key to keep the spice the still will be the cause of us for they have simple new dollar forget, you know, before they move funded logical mental, messed. it had lots of we had the flu on the silver or lou as he's known throughout the haven't severe. it was meaning at the time with president tracy and lou lou are taking. busy very 1st steps to be able to trade in their own currency. somehow, while trying to diminish or cut out. exchange in dollars is altogether, the layers say that the reason that they're doing this is because, but you know what? it's likely much more than that. in fact, it's, it's
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a political statement, seemingly met to send a message to the west and more specifically, to washington that it may be time for a change big this latest d, dollarization organization of countries talking about pulling together an agreement to serve. in essence, as its own bank includes brazil and russia, and in the i the who set their agenda at an annual summit each year. it isn't just brazil in beijing though. those talking about all this, the dollars ation thing suddenly from are from india to argentina, brazil to south africa from the middle east to south, east asia regions are accelerating efforts to reduce their dependence on the dollar . so how do we get here? let's start with a ron. the decision by the trump administration to renege on the iran new deal and the actually right of an international agreement with the wrong demonstrated that the us is willing to push its will our country despite what other countries might
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want or think. and that we're also willing to use what amounts to economic warfare . but now the u. s. has doubled down. and this time, the bottom administration with a series of financial sanctions against moscow, the likes of 1st there was the decision to phrase $300000000000.00, which is nearly half of watches, foreign currency reserves. and if that wasn't economically punitive enough for us, then move to remove russian bank from swift an enter bank messaging. so you talk with banks and are able to communicate with one another. taking together with the most recent economic restrictions imposed on that as well. and firms and tracking these firms. there is this world or hearing loud and clear. the u. s. is willing to deploy what appears to be economic more fair, but more importantly, that it's willing to use. it's now, perhaps more than they ever have in the past. so it's not just about doing it,
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it's about doing more of it. and that may be why countries from latin america to africa, to the middle east are asking themselves if they can do it to those countries, if they can do it to china and russia and that as well on iran. and as a time to start looking for an alternative, joining us down to talk about this as economist and professor richard wolf. always good to see you, my friend, i'm glad we get a chance to talk about this. what do you, relation with little, at a silver going out there and just saying out loud, but a lot of countries i've been thinking and how important is that is very important. and what he's saying is, in the mines and in the press releases of more and more countries every day, there is no nice way around this. the us stop at the end of world war 2, because the united states was the only country to come out of that war. stronger than it went in and all its competitors were really prostrate. you know, unable to function. 100 dollar became the international currency. the way the
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british pound had been in the 19th century and that couldn't last. anybody who knows anything about history knows that that was a kind of exceptional situation and they wouldn't not glass, but it brought to the united states. very simple to explain. we bring goods and services from around the world, these cars, whatever it is, and we give them an exchange little green pieces of paper that costs nothing to make. if they need dollars, they accept those pieces of paper. we get the benefit of real proper and then the make it worse since the paper doesn't give them anything, no interest. they lend the paper back to the american government, helping to fund the deficit and they get an interest in those dollars. this is a wonderful benefit multiplied to the united states, but it makes every other country jealous, they want that they don't want to be on the wrong end of that trying to deal. they
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want it in, for most of the 20th century, they couldn't, they weren't strong enough in the united states was dominant. but with a new millennium, with a sanctions against the iran, for example, you're quite right. this began to break down. countries won't kill themselves, they didn't want to always have the dollar be the intermediary. one of the biggest things that made that happen, what saudi arabia, which of greenville has the biggest oil producer in the world, only in dollars, either the whole dollars to keep dollars in reserve, etc. when all of this change is in the new century, though, i only did countries become big enough and rich enough lead by china to begin to say seriously, we want our own currency to be part of the deal. even europe got the euro. yeah. into the little bit after the year to really did it. and you,
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you were right. quite right brick to point to this when the united states changed its policies from being the dominant country in the world, making sure that its currency was everywhere available. it suddenly weaponized that the system and all the other systems that use the dollar use them for its own sector. oh wait, you're not managing it for everybody. you're managing your for your. so that's a great that's, that's what amazing you see. i, the shakespeare had a quote, right? you can't leave well enough alone. the united states. was it a pre, a pretty groovy place? right? i mean, they had the best of both worlds. but when, when, when we started doing what we've done with sit go in venezuela just as an example off the top of the, with iran, or what we're doing now with china and my god with, as you mentioned, what we did recently with russia that seems punitive it's not,
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we want to be a part of the system and we're going to be equal players. know, it's what you just said. we're in a position where we can use our power to leverage that's, that's the turnaround in this whole thing, professor a. yeah, and i think if i can venture a moment of history, it's a classic moment when an empire makes of fundament, we've had a ride up in the american empire, we replaced the british empire. it was a good ride up to most of the 2nd half of the roared forward, but it has peaked. we don't have the position we had before, we just don't. and i'm sure that if you manage it by you leveraging your power, beating up on other countries, you're going to sooner or later, drive them to get together to confront you the power house, with the reality ones. why?
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they are a square that has to be a calm, is not the way to do it, not only not military warfare, which would be crazy now. but even if you're nominate or fear, that the fact of the matter is over the last 10 years. the dollar has gotten weaker literally every month. any percent of the reserve is in every central bank in this, in this planet. we're in the form of dollars today.

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