[000:00:00;00] the, the, the collective rise of emerging markets and developing countries represented by briggs, is fundamentally changing the global landscape. no mountains can stop the surgeon flow for my 2 rivers. china prizes deep solidarity among the brakes. members saying it from both global multiple r, i think a great to democracy in international relations as during the 1st day of the blog summit in south africa, brazilian presidents was also, that's a hail brakes is a driving force, a global growth, not seen as a groups combined economies have no supports the g 7 plus worship a path to send degrading shipments to advocate the free is present foods in says moscow will remain a reliable supplier in defiance of just a minute. functions the seats,

6 that i full progress the we are watching all the international, almost being another busy day with one event dominating the headlines. money's be to scott's thanks for joining us. day one of the 15th annual break summits has wraps up in johannesburg. the major geopolitical events attracts, will lead us politicians and bright minds from all over the world and multiple are to adjust world or the top the agenda as cost live. now to us do the out. the brakes then you with nicki are in a new waco, bringing us all the lights, is from the summer. the hello and a very well and welcome to well beautiful rooftop studio. here in the heart of johannesburg, i'm the key, aaron, and i'm new waco and we're going to be with you through out the 3 day break. so i'm

just putting you on the very latest updates. thanks so much for joining us. now. one of the highlights of today was the bricks. business for him at latest go. i love what top officials were member states, address the summit as now drawing, drawing to a close during his summits the chinese at columbus winter. so long winds. how hailed for it, cuz of a powerful current that will change the global landscape and fox, as a chinese philosopher observes, changes the nature of the universe. the collective rise of emerging markets and developing countries represented by brooks, is fundamentally changing the global landscape. no mountains can stop the surgeon flow for my 2 rivers. whatever resistance there may be breaks a positive and stable force for good will continue to grow expensive birds plus modal. actively advanced membership expansion deep solidarity incorporation with all the emerging markets and developing countries promote global multiple, etc,

and great to democracy and international relations and help make the international order more just and equitable as well. let's get the latest updates now from i'll ask, looking at the correspondence that know the icon, gay as come all the toddler, 1st it to you and the guy, the chinese representative. he spoke about the changes that breaks nations could accomplish when they worked together. tell us more about his remarks, please. the will of course in the queue that he's absent, the one when toss the comments. the minister in china really leaving us. i'm strong statement date range was delivering the speech on behalf of the of the president was using the minister even for the state to adjust and said that china continued to remain open and commit to just a few chaps. a raw the shape relationships with countries in the global south and

even further seeing that, in fact, the world does not need another include, in fact, it needs a strong and peaceful place to live in today's generation. and the generations are to come. and i can't, i can approach ways you said many emerging market, they have become stronger off to say to offering joe alcorda. and that it is very necessary to continue the partnerships in each calibrations that we continue to talk about and continue to see a month. these brief nations and these of breaks the screens outside of the big block. and i guess the speed to off economies of the was the time big when the prime minister of india was saying that 5 to the uncertainty and find to be when the tenant keeps with in the global marketing, the global economy. india remains and continues to be the solstice, roving economy. now with these partnerships that we're talking about, and these collaborations that you can only imagine when they continue to be forward,

you can only imagine how much stronger these i just read nations can become. as the result of that is that it's of a quick listening to the prime minister of the basic as well as the table talked about in the last 10 years. the bricks, business council has played a vital role in enhancing economic cooperation during the economic crisis breaks emerged, fletcher ray of hope for the global economy. now, i mean, it depends demick, attentions and disputes. we deal with economic challenges and the role of that was important. despite volatility in the global economy, india is the worlds fastest growing major economies. very soon, india will become a 5 trillion dollar economy. is absolutely no doubt to move that in the coming really is india will be the growth interest as well. so the reason for this is that india has converted crisis and difficulty is going to opportunities for economic improvement. we're laying the foundation for a new future for india out of my imagine

the kinds of partnerships and collaborations with the countries like india. what that to do to countries like so that's we got but i think if this goes back to what we were talking about earlier, the kinds of ways of that's were mentioning and one of those being the fact that the g 7 nations, the hiring needs a bit of competition to the brakes. um a lock in fact a lot of people thing that we've established means of the bricks, nations was the to be in dr. lenny petitions did you say of nations and today really got a clear understanding of that kind of thing to me because all of these really issues as a and emphasize on the fact that it's that is not to which patients are performing at their own pace to a point to that, to be the big spacing, the grievance, the cost of giving nation eating disease, economy throws all these countries. and i think that really provides of some sort of understanding and some sort of misuse. i'm

a for everyone to understand that to do things and i think this is also, he seemed to miss deborah shaved by brussels, the souls thus when she also mentioned that the growth and cannot accept the colonial system. and a lot of points is also made to by the president indeed. and a guesstimate quickly take a listen to what he had to say to quickly understand what i'm talking about show to the past. so this is the 1st break summit, our share in the global economy has been increasing. and now we have already surpassed the g 7. we advocate for great economic integration, where we could have a new car in a city that would not replace our national currencies by diversifying our economies and currencies. we promote cooperation between developing countries. we cannot accept a new form of colonialism that imposes 3 barriers and discriminative measures i guess today was really a reminder,

all power bricks was born on how it has to cost overtaking to save it. and also we is the heating at this particular moment. this is how the people did not get to the same message that we are getting time in speech. then it's really a fit seats. this really cemented as a kind of role to that, to the brakes. nations and the big speed is taking time and he's making the thank you very rude. now let's go over to colorado, colorado. what about the speeches by the other leaders who were at the segment? what was said? well, we'll start with the jail. this particular sunday, the 15th break summit, and the heads of stage really gather did. so i'm gonna pull us out, laid the groundwork going into the fact that it might be

a hand full of countries when you look at the brakes. club being just 5 countries in essence. but the power off and, and the impact the be, have, will continue to make waves and will shape the future of the world. the south to south. you know, relations that you'll find in between these countries has really come into its own . and the momentum shall not be stopped. but of course a south africa is always a bed for africa to become a part of its own growth story. and the you really spoke about the fact that when you look at the promise of the freak of free trade agreement, that it will take lots of investment to go take lots of money and put into infrastructure projects. if africa will be linked into a single market one day, a market of some 7000000000 people, he says by 2030. and this could really help in terms of growing up for can you

kind of easy also spoke about the fact that the times of exporting rooks and fans to other markets has come to an end. the now of recall is looking for investors. it's open for business, but it's looking for investors of choice, and those are the investors who will come in to the continent and refine on the continent. he also spoke about the fact that the developing world will be shaved by what happens here. and he, again, as he did on sunday, as far as the fact that south africa remains open and supports the idea of breaks expansion. now this was just a taste of what settled i'm of was i had to say, but let's hear more from the president of south africa. we reply or a fundamentally full of the global financial institutions so that they can be more edge,

child and responsive to the challenges facing develop the economies is in this respect to the new development band established by bricks. countries in 2015 is leading the way since it's formation, it has demonstrated its ability to mobilize resources for infrastructure and sustainable development in emerging economies. without conditionality, these we therefore call on the business community to join hands with us to identify solutions to these and many of our challenges affecting our respective economies. and that's the role of, i'm a pull us that they have really coming through with an important message that the

developing world is looking to grow with out the conditionality that you find and especially more nuanced within the was then global blogs and how they have gone about really funding some of the some of the projects that the developing world has had. but today was also the, the day that south africa enjoyed an official est visit by the people's republic of china. and having met ellia, having met with the president. she's in ping of cause this was a, celebrated by the fact that tomorrow we understand that there will be assigning of them in the run down of cooperation between south africa as well as a chinese company which will go into addressing some of the energy issues that had been plaguing south africa and it's the economy and really coattails some of the growth that you could find. now settlement plus, of course, as the chair had the opening salvo as it were. but it was that seeing president of

russia vladimir puts in on the screen that really arouse the crowd, may have spoke about the fact that the, the, the rise ation project is up and running and will not be going back. he spoke about the fact that the breaks countries amongst themselves, trading with in their local courtesies, of really managed to dwindle down the share of the dollar with in their own trading . and within the national courtesies. we spoke about the fact that only 29 percent of transactions between the 5 brakes need says was done in a dollars terms. and that is really something that cannot be not the over reliance on the dollar has really come to be something that the american government in particular has been able to use to, to try and get countries to do things be

a way, but no more, especially as the form of colonial states will you say, are changing the future into their own hands. but let me put in also spoke about the commitment that russia will continue to have, particularly when it comes to issues of world energy security and world food access. particularly when one looks at the grain and food access that africa has continued to need with regards to its growth. and he says that that is something the dresser will champion on into the future. and it will not be deterred, even though it has to make eyeball no, just because in order to make sure that they is a delivery of such a goods and necessary service. but despite they legal sanctions, a rush out will continue to much on he has a lot of them you have with the city of then you got given the what do you and your, the international economic situation is being seriously affected by the legitimate sanctions and the legal,

freezing of assets of sovereign states. this essentially amounts to we trampling upon all the basic rules of free trade and economic life. that's what we resort shortage, was increased in a quality and rising unemployment and our direct consequences. prices on food at the end. the basic agricultural products have skyrocketed in yet, and it is the most of the vulnerable poorest countries that are hit the hardest. and then what russia is and will remain a responsible supplier of food to africa. russian green exports to africa amounted to 11500000 tons and 2022. and that's because despite the unlawful sanction is imposed on us seriously complicated logistics and hinder the export, the russian food process. that's the letting me a pull. it's and really speaking about the fact that even if the west then the heads of many of it what, what to create the of the goals,

the solvers to south relations and the community of countries will continue to find their own path. and really going to speak to the fact that what that will always take the route of less resistance, regardless of the move, an instability that have been created by width and global blogs and the institutions the south has managed to find the path to its own destiny and will come out of the way of finding not only cooperation amongst each other, but a route to what's a that's i'm all prosperous south to south relations and well, how many? thanks for bringing us the highlights. best i'll correspond has come up with the toddler on the video kind of guy. many, thanks for now. now we've had a whole host of it. fantastic. guess joiners and a rooftop studio. today we spoke with regina because the executive director on

research headphone money find k on the macro economic set of 1st source money, who told us the brakes needs to strengthen his cooperation given that there are so many areas to do. so as with huge prospect, i think a fundamental challenge that brett says, confronting itself is the issue of international trade pay $10.00 in to the breaks nations that has been conducted in funded cutting seems to us that is a challenge. i think that's the key to unwind as the proceeding to discuss these fundamental issue to us is fundamental fundamentals that we begin to unwind back. critical pricing between these countries is necessary. that corporation include, by law to a trade 5 optimal financing, including my deductible financing with big country such that if you want to take, as i said, for the one to decide, we said it's just oh, it's china. you shouldn't be united way. close tween by using

a said currency to us that is very important for not wanting to rise back to shoot our own independence from the shackles of the global economy, which is constructed from the us or the western detox future. quite a few good sectors that things that the books must really concentrate on. the side of communication is via includes the i c t infrastructure like causes transport and logistics is vital, not just a transport seat transports and then transport. these are very, very important, not just for the economy, but within the breaks themselves that do in novel, the movement to people above the easy movement of, of capital as well as boots as well. so i think energy infrastructure, um tons, store communications. those are very, very vital sectors that we must get to. but of course, the traditional ones like mine i, they up, we cannot really begin to mention because, oh,

well no. but then what the key drivers, as and as long as the economy right now, right now, the tension between russia and the us be collective worst. rather, not just the us driving. i think the interprets countries too, you're not now the high points of the day was as at the 5 breaks that leaders addressed the business for each of them, given that take on what brick stands full and what they hope to achieve and all of the ways we wanted to get the tape and then speak to some of those people who were listening in the audience, some business people that say what they had to say. i think for me the biggest, biggest emotion florida young and we're coming here. it is. understand what is the heads of spirit also in the fosters greek economies thinking and you don't that that driving insight is the energizing factor. the 2nd most important thing which i saw was that there is such a viewing collaboration. the leaders are talking about peace, prosperity, growth,

intervention. that's what we are looking for. i likes the fact that they are saying we must protest and continue to look at a good culture. because with a i and with technology advancements, people still need to be fax. you know, so, and that's a big element in terms of what is it that we can do as host countries on. i forgot we are also looking at with teachers in terms of the pronouncement due on the brakes conferences. because many of us have been asking them on the african continent and the other develop the developing nations as to why must we continue utilizing the dollar wouldn't be a play doing amongst each other at the top of the agenda during the 1st day of the summit, was creating a framework which would paved the way for a new rich currency or 2, corresponding don quarter explains what mixed ideas so attractive to nations around

the world. with the rise of a multi polar world comes hope for a future free from us dollar dominance and of 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 worldwide 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 could have more freedom for conducting business items breaks, having its own currency, like the european union's euro. 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 sanction country has good reason to want to change the game. last year its banks were kicked out of swift, then half of its overseas reserves to the tune of $330000000000.00 were 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 working 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 it wasn't the current conditions. bearing in mind what is happening with the global finances, with the use of the dollar as a political instrument. it's not just russia 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 breaks, and china considers dollar dominance to be the main source of global instability. the who gemini, of the us go lies the main source of instability and uncertainty in the world's economy. during the call in the jean funds that make the united states a 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 and

a half. dams are at risk of starving to death. and the organizations calling for $770000000.00 in immediate humanitarian aid. it's one of many similar situations that i've left people looking for breaks. as a more humane alternative, the new development bank is taking their decision, but at least 30 percent of new lending would be a local currency. so i think bridge has getting the captain this to go out the great of financial independence and not being held hostage by one or 2 currencies with a multi polar economic future on the horizon. it's likely that this change will be for the better for everyone. now aside from the dollar organization, one word we're hearing over and over again is multi palarez say now with bricks being widely seen as a platform for the promotion of multiple hours a. when it countries, i've shown that interest in joining the blog, i'll take corresponding use of delani reports on how bricks membership could

benefits it wrong. the one is entering closer to becoming a new member, and the brakes alliance of the country hopes to offset the impacts of the western sanctions and under the umbrella of breaks. what of course, now we see that whiny and presidents ibrahim bracy is among the world's leaders attending an invite of, of course he was invited by the south african president to take part in the break summit. and what is seen as a uh, key step towards uh it wants admission into the alliance force. one applied for membership in brakes back in july 2022. and now its potential membership could bring significant advantages. advantages for both sides as brooks accounts for roughly 30 percent of the global g d p, and about 40 percent of the world's population now and his weekly press are not sore. kennedy, who is the sports person for a while? it's a 40 minute 40 minutes. we highlighted it once close cooperation, already close to operation with all member states of the brakes alliance,

cooperation with bricks and membership is significant for iran. and the president's participation is aligned with this framework around stands out as one of the few countries engaging and dialogue in cooperation with all bricks members works, which comprises the emerging economies of brazil, rush, china, india, and south africa has been increasingly acting as a counter balance to all the traditional western dominance. now we see that we, since years uh those countries have been cooperating to um, to, to ditch the daughter and move away from the daughter dominance. and it won. and brooks can offer a lot to each other and disregard of course, with the complimentary economies and culture diversity brooks members can really meet the needs of one another and can really share their national development plans to one another. and it was in disregard can also help a lot that everyone has been showing success in breaking out of, of international um,

isolation created by us sanctions. and can really set an example for breaks members interest and disregard it wants g d. p has reportedly increased by 4.7 percent and the last quarter last year and is ranked 15th and most of the world, 72 major economies. it wants economy is also expected to grow even further in light of brakes. as the brakes alliance is now moving to the introduce a new joint currency and to move away from are the daughter and, and their bit to dish and the daughter in international transactions. now director general of the west asia department. as your was foreign ministry. mr said russell, and most of the help of the bricks initiative to try to audition adult daughter and use this new joint currency. i said that an amazing transformation is taking place in the global economy, the brakes introduction of the gold back. go ahead and see where we can,

the us dollar and the euro and will benefit other countries such as the ran uranium to own gold will experience an increase in their wealth while they want succession to brakes may take a while it's fuel. political significance has already prompted the main members of the alliance to tentatively support your wants potential membership in the group which happens it would significantly give to juan de la golf. and it's a bit to circumvent the wes sanctions as the bricks initiative to dish the daughter would practically run their us sanctions against that wrong in effective and could bring them back to the global trade. after years of isolation as well, if you want to stay up to speed on the 15th rick summit, you're going to have to stay with us. hey, on asi international as we continue to bring you all the very latest updates from vitaware and south africa. don't miss our special coverage right here at the venue itself. bye for now.

the welcome back to our studio in moscow. the will must go is how says the rest of that force has destroyed a us supplied high speed, a ministry boat that was transporting ukraine. you marines in the black sea, east of may niels, think island for sage, released by the rest of the defense ministry, shows the moments the wheel r c. for minute 2 boats has been hit. you can see the high speed cross maneuvering and attempting to evade the fights of jets snake island is a bulky outcrop is less than a square columbus in size, but holds geostrategic significance. the black, see you have a good union, has suspended news out from the continental bulk over the crew in the country. that's up to the new jersey, new minutes you'll start sees on the west african eco was alliance. we're unable to negotiate a way out of the crisis in line with the relevant a you instruments console decided to immediately suspend the participation of the republic of news. yet from all the activities of the

a you and it's oregon's at institutions until the effective restoration of constitutional order in the country. further calls to call different old member states of the a u. and the international community, including bilateral and multilateral partners, at large to reject the unconstitutional change of government and to refrain from any action likely to grad digit. i'm a c to the legal regime in news. yeah, the author can, judy on page of security council allows the suspension in the community on tuesday and told its members to avoid any accidents, but my support for closed off my for me sir. this after many failed attempts by the regional block, of course, to negotiate the return of power to all the president mohammed assume the a you council also said you'd have note that the decision made by a cost to activate a 10 by force and that it was assessing the economy, social and security implications of the season. but there has been a whirlwind,

participate of the ground by a course to deploy its forces in the sheriff. identifying the decision of the economic community, a west african states, the into the military, really in the chair right. following this decision, molly and booking at fast, so also wanted 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. today, it is under the guise of democracy and by opposing different heads of states that the one to divide us. imagine if equal lost wages, where in these year there will be no more equal us. that is the objective of some countries to break because they do not one small african countries to unites president presume, was supposed in a co last month. and has since been held by someone just at for says, is worth to me to read all tasks by his loudly militants in the region. asked west