yes, the depression is foreign minister has arrived in south africa along with the leaders of china and brazil for the much anticipated brick summit which picks off today will have special live coverage from our studio and johannesburg in just a few moments. the turkey is president and molly's prime minister speak out against a potential for and military intervention in these there warning it could be stabilize the entire west african regions the and the ukrainians. rhone attack on the moscow region has been forwarded with no casualties reported by officials.

the right lie from us. go on rachel ruble. you're watching archie international today is day, one of the 15th annual bricks summit kicking off right now in johannesburg. the major geo political event trucks, world leaders, politicians, and bright minds from all over the world, with multi polarity and adjust the world at the top of the agenda. let's cross to our studio at the bricks. the venue is nicki aaron and new waco at the center of the event the

a very welcome to all incredible rooftop studio. here in the center of johannesburg . i'm the key, aaron, and new waco. and we're here to bring you all the latest from the brick summit over the next 3 days or correspondence all over. johanna is blake, and inside the summit we're going to have the i b p guests coming to visit us in the studio also. so to stay with us over the next 3 days for that coming up right now. it's, well, you know, south africa's trade in industry minister has welcome delegates who are participating in the summit with the languages of the correct members. how special is that? that is incredible. let's take a look at that to all of you. so born or law? 3, if it must stay me how to all of you

a special welcome to this province of housing. yes. can you hear us the cost live to modify incredible correspondence that covering the summit for originally view your tongue day at new there is that very thank you so much for joining us. could you bring those off to days on what was being happening here at the summit? so fall, please. well, thank you, nick and a really good afternoon to the view is as well well, a lot of excitement, a lot of business happening, a long beach and a quiet and lots of engagements as well as in talking to the panel discussions, taking place at only in the, the said african aveena is a but also international conversations being had by the officials from all these,

the brakes nations pretzel russia, india, china, ada. so last week, and it is quite a story to comb moments and time force that africa as opposed to the 15th, the big summit share and to his book as you've mentioned. and of course, this is the 1st in person, a gathering from the big nations and citizens of 19, forgive me the, the, the, the top agendas that we are expected to hear a lot about is the efforts towards the, during the reservation. and of course, the expansion of the breaks the block that's now as a movement of imagine economies that the greeks that stevens, the a savings accuse you kind of issues with data because it's off the geo political flux that is coming to taking place. there is some sort of hurdles around us and you can feel within the atmosphere that things are, but a questionable a lot of people have questions of who is this. but then it's also no wonder that wisdom capitals are watching business segments. hopefully lots come out of that

just in places as being more than disappoints them a. but of course i think it's been the narrative around the corporation that a lot of these nations continue to talk about. advocacy is the prime minister of india, trying to give us back to speak to the brakes has been to see a strong cooperation agenda across various sectors. we value that breaks has become a platform for discussing and deliberating on issues of concern for the entire global self, including development, imperative and reform of the multilateral system. the summit will provide a useful up with cdc for brakes to identify future areas of cooperation and reviews to do single developments. 5 minutes of the movie giving us a brief also want to speak to from dispatch. as you know, somebody just lot of other breaks nations, officials and representative will also be giving us the key elements that we are waiting for. and we will be standing by to give you

the, the kind guy many thanks for that update. we really appreciate that. now we can just spell that john, his bag is just buzzing at right now and not just we police call us, but we secure. i said, let's talk through some of the main things that are on the agenda at the break summit this year. we know that expansion is one, and the de dollarization is to and both of them are very critical for all of the attending a participating delegation. of course, especially african countries. maybe it's on a priority list because applicant countries are to set up that they cannot sustain their economy because they have to deal with the dollar. you know, i read a few years ago that the, the brakes blog wouldn't be talks about so much. she's been name wasn't so catchy

that briggs, but now it seems like is the host is club in town. everybody wants to be a positive now, as you said, 40 countries. i said i have applied to be a positive it $22.00 photo was it? and 20 informal requests, everyone's got their eyes on it, johannes. but right now, including here, it seems that with countries that speaking to break away from the international dollar dominated system, the creation of new was saying of a common breaks currency is likely to be top of the me. things agenda that will correspondent on closer explains what makes the idea so attractive to so many nations around the world. with the rise of a multi polar world comes hope for a future free from us dollar dominance and a global order. where when, when cooperation reigned supreme for many around the world bricks is the vehicle that can turn that dream into a reality with an independent world wide currency. i dream of having to come currency for countries to using transactions so that we could be independent from

the us dollar. it can not be that we couldn't have more freedom for conducting business journals, breaks having its own currency like the european union, 0 for now, the dollars global hegemony is indisputable. with the greenback involved in 88 percent of all international transactions and russia, the world's most sanctioned country has good reason to want to change the game. last year it's bank for kicked out of swift, then half of its overseas reserves to the tune of $330000000000.00. we're frozen. it's all part of what moscow says is the dollar being used as a weapon. i have no doubt that using a rich experience in government work in knowledge in this area. you will do your best to develop this institution, which in my opinion, is very important today is not easy to do so when the current conditions bearing in mind what is happening with the global finance is with the use of the dollar as a political instrument. when they'll go in search of the us dollar has been great, it is quite a sense and proved on trustworthy as

a main reserve currency. it has been proven dusky of the eastern country suddenly has a desire to punish someone. it will abuse his position without hesitation. it's not just the rustle looking to break away from dollar dependents alongside moscow, beijing and brazil yet have moved towards greater use of national currencies and international transactions. brazil's reinstated president blue or the silver has long advocated for deeper reliance on bricks and china considers dollar dominance to be the main source of global instability. the who gemini, of the us still lives the main source of instability and uncertainty in the world's economy. during the call, the 19 pandemic, the united states, and be used as a global financial position and injected 3 alliance of dollars into the global markets, leaving other countries, especially image and economies to pay the price. a prime example of that instability is afghanistan. the united nation says $6000000.00 half dams are at risk of starving to death. and the organization's calling for $770000000.00 in

immediate humanitarian aid. still, washington refuses to release the $3500000000.00 of frozen aftab assets that could ease the suffering of the asked and people a problem that would not exist if those reserves weren't held in dollars in the united states. it's one of many similar situations that have less people looking to breaks. as a more humane alternative, the new development bank is taking that decision, but at least 30 percent of new lending would be a local currency. so i think breaks has been the custom this to go out the break of financial independence and not being held hostage by one or 2 currencies. the countries should proceed to establish new financial mechanisms which will prove that it is not only the physical true and seem to existing laws that cannot replace the dollar. the west global influence is in decline. countries formerly in the periphery, are now asserting themselves. the world is undergoing immense change with

a multi polar economic future on the horizon. it's likely that this change will be for the better for every one of the last promise. we've got plenty of incredible guests for you by the next 3 days and with joined by. well, now i make, i could buy a research fellow at the institute full time as a consultant conversation to the university of dallas. but many thanks for joining us in our rooftop studio today. it's a great pleasure to see. now let's jump straight into a kind of a kind of molten pond as looking at and promote peace and development on the african continent. always it just a pipe dream. thank you so much for, for, for having me, 1st and foremost and thank you for the hello. 2 of us. of course it is, it, 10 africans have been waking in on this dream for a very long time and getting closer and closer to, to, to realizing it the, the establishment of breaks is

a testimony of the shades i did before. that's the realization of that outcome. of countries many countries i hit precisely because the one piece, the one, the development, the ones, the 5, the dream you know of, we are not realizing and i'm much better. yeah. let's see. you know, for, for the people in the us citizens, that many african hazel states, you'll know that they've been invited to participate in this uh, the as blinks. i mean, in many discussions we'd be head by not charles, on a month to lunch. i live in uh in so onto this cuz i don't know i'll try the tangible that the developments. yeah. no plans and ideas and calibrations and so on . so yes, i'm quite confident that you know you've been trying to africans with yeah, not realize the bedroom. fantastic. and it's, but it's probably time as well that the contents in a day to get this the opportunity also. absolutely. and you know, speaking of a piece in development, how significant is it that south africa is hosting the briggs summit?

and how critical is that for south africa in terms of do political possession? thanks. it is a very big deal there. and one of us other for guys hosting it this. yeah, uh, in fact there's, there's been so much attention and focus on, on one side that freaked out, you have the developments your politically, you of going to another legs. so if you're around, so yeah, they'd be about to have applied for joint breaks or miss or the, the i deal with an expanded breaks. yeah, i know is a very, very big deal. and all of it being discussed at this, yes, i mean the inside the franco. uh, so the, the protocol is soon on the piano. excepting new members has already been doing a but drafted by maintenance. does heads of state discussing it. and you know, some sort of decisions you know, would be taken into known as i expected news or not that some sort of indication, you know, of the houses. oh, way way would be i noticed in a by,

in today's time where at the conclusion of the assignment, uh, but it's a very big deal. i mean, it is probably one of the biggest uh you have to pay if it shows what you did because people don't want to come in does. uh for the fact that it's a very big deal. go ahead. sorry message. but as you know, there is a lot of change in ships taking place on the continent is and many of the delegations, especially africans that are here, are paying close attention to that more specifically needs there. yeah. how do you think that is going to impact the confidence relation with his other account and part prioritizing briggs? what i think maybe it's important to discuss what a breaks is about. the brakes was, was established in 2009 to look at sooner. global governance, the issue is particularly the global financial, like it takes you uh and its own costs. and the tools to be on the shipping sun

measure will fix stipends for they need to have the phone and the best seems to be progress. van date of the new development bank was just thought based here in a to, to fan that the general particular reform and development agenda. now, a briggs does not, is, wasn't, it wasn't created. we are not to entice you in your own opinion specific. don't miss think of the advertisements in 1011 experience of member states, but of course it has. it does have an interest in what happens to the end for weight and weight points. it wouldn't, it wouldn't. i'm sure i'll be able to, to, to assist in no fights, assistance in no collaborative efforts. don't know by all of them. what happens? what's happening in is that some of the 1st time you know that something of this nature, i have friends and it doesn't happen only in africa. i've been many other parts of the world aside. challenges, door to door. okay. but um nonetheless,

side yeah. massage. do not do take. yeah, no, they move in the airports towards this reform and noted in the development agenda and improve, motivates run system multilateralism. and so it doesn't decided the air for the brakes. uh they, they, the issue of nigeria, we've been dissolved africans. so in a when, when did with it that we find a solution for that and i'm show up, it's pretty popular as you know, we'd be, we'd be on hand to assist when need be genetically speaking will come griggs, off of the global south end of the african countries that have applied to join the book that out the blogs just went to sort of uh, brakes has been talking about a whole range of issues leading, dialed the on the, on the payment system, leading dialogue on better terms for trade, leading the dialogue and better global governance and on countries in the 12 months

out there and i have an interest in an improved and what then we'll try to go nobody to natural system. but they have, they have 5 instead of 10 different. that's why we have over 40 countries that have expressed an interest in joining place to begin with. so that reform and development agenda is on a very much attractive to all of this of the states. but if i expressed an interest, so that's the, the, that's the 5th point. still not that see on the agenda itself. the owner is, is, uh, is, is a major attraction. uh, 2nd, new uh with improved trade and conditions and arrangements, uh, the freedom to have the freedom to be able to trade with one another, you know, without uh, anyone dictating to, to one country or on the hunt for another to getting a trade with this one which i have with that one, uh, or forced people or 1st country is the quote number is to not do business with 11 of the freedom to choose. so no, you're gonna know that one testing is the to, to have the claim that one agency that does what brings you and i just sent you

a new office, a many, many countries that the interest that enjoyed. nope, breaks was published because it was something genuinely fundamental, not wrong, you know, with the international system and the global financial crisis unit, but then went straight to that. and then many other crisis since the corporate 19 pandemic, for instance, sooner was another indication of some of the failures then of global suddenly deputy. and so, so, so, but it's offers there know quite a lot still 9 terms of it's been quite up way to cooperation efforts. and busier corporations don't know. but literally bringing people together, cutting quote numbers together to, to work with each other to trade with one another. in general, but i'd find sooner development joint. absolutely. and as you know, last week breaks uh for him and investment for him with health here in the heart of johannesburg, with a lot of business people stressing and emphasizing the importance of equitable

investment in african countries. and one of the problem for africa is that equity and inclusivity, which would you just finish articulating quite greatly? what do you think would be the outcome with all of these african dedication and specially with power players like russia and china and india and resume and south africa in one building? while the lot is expected to the out of this, i meant a great deal. so clear, you've got the concept of ethics plus the big outreach the appropriate for areas. right. and the reason is to achieve the trade is for our chief development is to actually have access to finance is but i chief investment to me. and for us that i've tried to achieve, collaborations and research the popular genuine partnerships, right without, you know, not a new one, forcing another. but that is what

a lot of the economy is the number of heads of state your expect to, to, to achieve the, by the end of this subject. you already have present shape, for instance, the in the country. i haven't lived uh, i think it's last night. many discussions, many agreements have been been signed and more you as being signed trades, you know, advertisements between companies have been being developed inside and investment is expecting infrastructure in particular is expected. africa has been talking about, they need to localize production, the improved infrastructure for production, improve manufacturing industrialization. that is what it breaks. collaboration is about the to help one another in a way that in, in the specific areas of need, according to each country's feeling on your limited conditions and, and, and, and priorities. working together with no strings attached. many thanks for coming in to our students. i really appreciate your time and need to by research fellow to

be as truthful, kind of consult and conversation the university of tennis. but thank you very much . and i hope you enjoyed the summit springs so much so he definitely will us. yeah . as we said, plenty more interesting guests and incredible guests coming your way in the next few hours and days with breaks being widely seen as a platform for the promotion of multiple hours. the many countries have shown that we're interested in joining the club. our local journalist from nigeria timothy up . yeah, so you've explained how it works. membership could benefits his country for some of the bricks. group of liaison is opening on tuesday in south africa with new membership, proposed common currency. and for security up at the top of the agenda, advocacy largest country nigeria with a population of about 220000000 people, is expected to become one of the world stops windy economies by the year 2030, which makes it a desirable candidates to join the briggs, the activities of the briggs have been gathering momentum so that many are

beginning to see them as a platform for a new world order of multi paula power centers. such a membership would be of the many benefits tonight, syria, in addition to showcase and it has a respectable for someone based on the brakes. and sir is because it serves several functions. one is to provide a platform for members to criticize, often with just with the case of the way institutions such as the i m f. and although west and died at age of national sidelines the global south jones. we have reached the beginning of the reason why the do that is key to draining for the day is because they sure bustle. pollution in terms of marketing for douglas, us some so uh huh. ability to also on to do with proper coverage. you do not do that when they put them in contrast to exactly i do need us

to go for the life of the country to break away from us. only enough for break and that's $24.00 for us. fill, russia, india, china, and south africa has been speaking to counter balance of west spend domino's and jobs. a new economy part are members of the global cdp has increased from 8 percent in 2001 to 26 percent today. which space also accounts for more than 40 percent of the world's population? that may be some political benefits, because your blog is actually fucking off. uh, if someone could call and see for his phones. so maybe get me be a agreement. we do have to do with shut allows we do do the uh, what is it called in on my uh, i want to change with georgia regional troubles on what the warranty that get the,

the, i clicked on docs from the hassle positive impact support and they are so much with also review applied to adopt a joins carmen, c, a beach to and for us dollars dominance and international transactions. my jerry, as economy has been struggling to keep up with high inflation and restoring the car . i survived the waste on the trend is affecting these most people like to make out and about to rely on imports for their products was going to buy was you will find that that's the vehicle in the morning. i want to send money and they've been in distance, it's will change higher and the finding it difficult to cope. this is plenty to customize. to be both of these plugged into or were found boards that's postal must also understand in the solution of the country. then we'll use spectrum like 10 most of most the day you end up having 5 or 4 notes. and those need to know with the differences in terms of the price of skype, especially escalate between the west and all the countries. experts predict button

more countries will try to join the brakes. tennessee will be as archie, a new job like syria the my boost, the chair of the brick business council says the existing trade between members of the block and local currency simplifies exchange significantly and benefits the partners. our nations already have started, especially the big economies to treat him own problems. i think this is an important, at some point, it's important for us as the african continent because as you know, we have as many currencies as we have countries. and it's important that we take advantage of what a lending from other countries reading an own currency in order to train you to know on this one. it also costs a long us because we're already treating with each other so we can set to each

other in our own government. and it allows us to move away from the cost of trading and cutting so. so at the moment we trade in parent sees in order to trade in products, i would love to see a treat in products and such as each other as easily as possible while new to and i are going to be with you throughout the 3 day events. bringing you more exclusive guess, taking into every twist and turn all of this event. and then what are your expectations for the summit? this is, you know, i'm actually quite surprised that agreement and m o use are already be side ahead of the breaks summit kicking off today. and to hear that k, i think approved set out as wrong. that breaks was going to lose traction. in fact, it looks like a speeding up. 6 like every guest we speak to and have spoken to in the last few

days. how's the same kind of line is it's time for africa. absolutely, absolutely. and it's perfectly align with the brakes. don't go anywhere. don't miss our special coverage of that global event directly on our t. c. d o at this venue right now. so let's call us back to moscow rochelle the thanks to my colleagues, nikki, and a new new in south africa. now look at the other day is the top of new stories, the talk as president read jeff type, adeline has spoken out against a potential foreign military intervention. and these are saying it could be stabilize the entire west african region. identifying the decision of the economic community a west african states to intervene militarily in this year. right? following this decision, molly and booking at fast. so also warned that such a mil to intervention in new jersey is to declare war against them. mailed through

an intervention and to share what means spreading instability to many african countries. meanwhile, thousands of people took to the streets in the news area and capital in support of the recent military coup in the country has gathered it to vent their anger against the sanctions imposed by regional and foreign powers. protesters attentive slogans with flags and how the banners calling for an end the to sanctions and demanding and dialogues, people in the crowd that said they to come to oppose any military or economic intervention in their country. of general, following the cool by the new authorities for dialogue, we believe that this is what is needed. yes, to dialogue, but not toward the aim of these demonstration is to show the mobilization of the people of new jeer against the anti social measures of baca. was we cannot understand how a country that has no access to the seats to be cut off from food medicines and all other products,

even from electricity to the point of considering mutual aggression against the country. old leasing favor of a class and some individuals of any money 1st uh we have come to demonstrates to show our joy and to our support for the soldiers. we're behind them. we are ready to die for our countries and we are against the military intervention. echo assumptions imposing on us in habits and dialogue is very important. i am sure that the military went deep into the money place and i am sure that the people who support them really treat to the end. and one way of showing them that in the syrians determined is that we are ready to do anything for our country. meanwhile, the enter, i'm a prime minister of molly, which borders new share said an intervention by the eco laws. regional blog could lead to the dissolution of the organization itself is trusted. that some countries want to break of equal was as they don't want, african and country isn't to unite. or it was

a defense shapes have said they're ready to conduct a military operation in new share with one official saying the day has been approved. these are, as government was overthrown by the country's military, almost a month ago with a deposed president taken into custody by his own guards. the country's new leadership has remained a defiant, saying that has the support of the people and is prepared to defend the country. and heard from local us in nearby burkina faso who say equal was, is supposed to help african nations and need not launch military operations easy to lose. again, it's not logical. it seems that eco, watts has lost its mind. what nation does eco was want to defend? equal was, has a foreign power behind it, and they're both trying to destabilize the entire so how regions it's unacceptable . new news, what are the deposit and that is on the, on defense minister, his rights of the objective of the cost is not to intervene militarily in a country to restore foreign government. i think the main goal should.