to of buying useful the reception to buy need specific store shortly concerning the the, 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. china prizes deep solidarity among the brakes. members saying it promotes global multiple are it's a great to democracy in international relations that during the 1st day of the block. so mentioned in south africa. the visiting presidents also recognize breaks as a driving force, a global growth squad. talking about the flux of treatments the results of the past . so soon as the 1st break summit, our share in the global economy has been increasing. and now we have only surpassed the g 7. the fund rush, i profess to send, bring shipments to offer, gets

a free press. the beating says moscow will remain a reliable supply in defiance of illegitimate functions to seek to stifle progress . the coming to live from moscow. this is all say, spend another busy day with one events in johannesburg, dominate. think the headlines. mind today's be discussed and thanks for joining us . on day one of the 15th annual breaks summits has wraps up in south africa, johannesburg, the major deal binnacle event that trucks would lead us politicians as well as bright minds from all over the world with multiple r t. and a just will order at the top of the agenda lot sees that nikki, are in a new new waco all coming to somebody from us. special studio at the event. the

hello and a very well and welcome to, well, beautiful. we've talked 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 throughout the 3 day break. so i'm just bringing you all the very latest updates. thanks so much for joining us. now. one of the highlights of today was the bricks business for the latest on i love what top officials for a member states address the summit as now drawing, drawing to a close. during his summits, the chinese commerce, vanessa long wins. how held 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 so full of my 2 rivers. whatever resistance there may be breaks

a positive and stable force for good will continue to grow expensive birds plus moses 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. so let's get the latest updates now from i'll ask, look at the correspondence that know the icon gay as caroll, butler toddler sized it to you and the guy, the chinese representative. he spoke about the changes that bricks nations could accomplish when they worked together. tell us more about his remarks, please, the will of course, and make sure that he's absent one when talk the comments, the minister in china really leaving us. i'm strong statement date when he was delivering to the speech on behalf of off the president was using think the

minister even for the state to jeff and said that time the continue to remain open and commit to just a few chaps. a raw the shape relationships with countries in the global salsa and even further seeing that the effects of the world does not need, not the claim to, in fact, it needs a strong and peaceful place to live in today's generation. and you tend to ration to come and i can't, i can pull 2 ways. you see that many emerging markets have to come stronger, often shaking off your house. 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, the breaks the screens outside of the breaks block. and i guess the speed to off economies of the was the time did when the prime minister of india was saying that 5 to the uncertainty. and despite the, when the tennessee, with any 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 move forward, you can only imagine how much stronger these are the rich nations can become. as the result of that is that as of a quick listen to the prime minister, 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 is gone during the economic crisis breaks emerged, fletcher ray of hope for the global economy, and now mid depend demik attentions and disputes. we deal with economic challenges and the role of it was important despite volatility in the global economy. india is the worlds fastest growing major economy. very soon, india will become a 5 trillion dollar economy is absolutely no doubt to move that in the coming really as being the it will be the growth interested as well. the reason for this is that india has converted crisis and difficulties. i'm going to opportunities for

economic improvement. we're laying the foundation for a new future for india out of my the imagine the kinds of partnerships and collaborations with the time sheets like india. what that to do to countries like so that's the guess. but i think if this goes back to what we were talking about earlier, the kinds of points that were mentioning and one of those being the fact that the g 7 nations, the hiring needs bits off competitions to the brakes. um, a locked in fact a lot of people saying that the establishment of the bricks nation was the to be and dr. lender 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 a short assets and emphasize on the fact that it's that is not to which nations office for me at their own pace to a point that to be the big nation,

i believe is the cost. if you save a nation eating disease economy throws off of these countries. and i think that really provides some sort of understanding and some sort of misuse a for everyone to understand that there's no central petition here. and i think this is also the same to me is better suited 5 bundles, the sole box when he also mentioned that the growth and cannot accept the colonial system. and a lot of points is also made to by the present. indeed. and it gets to mr. quickly to listen to what he had to say to quickly understand what i'm talking about show to the past some. 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 thank you moment came to gratian 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 discriminant different measures move. the, i guess today was really a reminder of how briggs was born and how it has to cost overtaking, choose tibbets, and also where it is. the heating at this particular moment of space as the people did not get to the same message that we are getting time in speech, then it's really a foot seats. this really cemented that the kind of off road did that to the bricks, nations and the pick speed is changing. coming to this go to the corresponding cause, all but let's not, let's focus through some of the main point civil fee of the world. lead is, as i said at this on it, well, i felt that vladimir puts in no, really, even though he was joining us by video link,

i've felt that even the audience felt his presence and, and he's full, give a man of intent that while what you know what he says, a legal sanctions that have been really brought upon by the wes unilaterally without even thinking any kind of supporter on the world has really come to cause not only not only developing ations, but some of the most pores nations of the world. and you find those particularly more new ones share on the african content in front of me, which is spoke about the fact that these sanctions have really po legs to sky rocketing prices of basic food and agricultural stuff that it's, it's the west ultimately that causes the chaos, and they continue to profit from the chaos. speaking about the fact that the green deal that was agreed last year, facilitated by to kia as well as the united nations, really went to serve as the interest of those that cause the chaos in the 1st place

. but this, this, this funds by the way, that is really stands against the rules based on that, that has been agreed upon that they cannot unilaterally place sanctions on countries and, and just the move on and let others pay the price. and also that was a much, much more new us moment of where brigs want us to be way cooperation could lead these countries. and where really, where, where cooperation can, can you much as the, when out of the day, not punishment as it has been in the case of the west. she has letting me a, put him in his own way to you, and then you get given that when he and you, 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 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 tourist countries that are hit the hardest. and then what russia is and will remain and the responsible supplier of food to africa, which the 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 products. and those are the main points. and really speaking about the fact that russia and the brakes putting those are ready to seek an alternative . should that be barry is placed before them by any of the western countries that this hedge of money that they have had and enjoyed over the last centuries,

is no longer going to stop developing nations from seeking and covering the own development path. and on their own terms, the project, the don't arise ation also, but a bit of applause from the audience because it is something that the briggs nations of really intensified. but thinking any of this, the largely. 4 on, on the request of the new development, i think that's the development bank of the country set up here in 2015 and then continues to equally the importance of the dollar, particularly amongst the 5 brakes a nation. and that is, is something that, you know, the, the united states for instance, has particularly used over the years as a, or the way of punishing countries that they do not agree with. and that is something that has led a lot of chaos in terms of what you find in the economies of those that be deemed to be disagreeable to their rules and how they must do things. but of course,

the host of the day president settled. i'm a pause as south africa is the chair of the 15th briggs sunny. i'd really also went in to task about speaking about how the global finding show or the must be reformed in favor. or at least as to a higher representation of developing countries. the must be seen and the needs must be subdivided as and $11.00 thing that came to mind without the presence of the parts, of course, was that it caused small for developing nations to actually get a loan with the i may have for the world bank then it would be for developed nations and that will leave them with an even higher dead burden in the repayment of those lowest even takes a long time for developing countries to access the fed loan. and, you know, while the northern end is, if you will have an average of some 40 days between that request and being granted

the fed loan in developing nations in the case of via, for instance, i mean, they had to weighed some 180 base for the i m f to come to terms with agreeing, amazing, the 4000000000 dollar loan to that country. and those are the kinds of things that continued to cuss the global cells. and let's hear from prison settled. i'm a pause. i am self on the issue. we require 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. in this respect, 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, 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. the president said, i'll run a pause, said the president of south africa, really speaking to a sense that there is not only 2 of them in b a but there is a lot of promise when one thinks about the brakes club, he's speaks about the fact that it's just 5 countries, but to give up they make a quartet of the walls, population, and account for one 6th of global trade. now you just think about that is just 5 countries and on the door we have over 20 countries which have been knocking, which have been trying to get into this club. and the,

depending on the number of countries that the briggs lead us ultimately agree on for expansion, or if the, if expansion at all, one thing for sure, the rigs club cannot be ignored and it might just be the only collab with joining in town. how many, thanks for bringing us the highlights, the correspondence collaborative, talking about on the video, kind of guy. many thanks. but now that we've had a how, how is the of it? fantastic. guess during those and a rooftop studio. today we spoke with regina cosy executive director on research headphone money find k on the macro economic set of 1st source money there told us that breaks needs to strengthen his cooperation given that there are so many areas to do. so as with huge prospect, i think they fundament or challenge that bridge since confronting itself is the issue of 5 international trade pay tanning to the bricks. nations

that has been conducted in funny and cutting seems to us back is a challenge. i think that's the key to unwind as the big scene to discuss these fundamental issues. to us is fundamental fundamentals that we begin to unwind back . critical pricing between these countries is necessary. that corporation include, by law to trade 5 optimal financing, including my deductible financing with big country such that if you want to try to try says of what the sides we sat with with china, shouldn't be united way points tween by using a said currency to us that is very important if we're not only to rise back to shoot our own independence from a shock because of the global economy, which is constructed from the us or the western tax futures. quite a few good sectors that things that the books must really concentrate on. kind of communication is vice includes i c t infrastructure like causes transfer them.

logistics is of, i don't know to just a transport seat transports and then transport these that very, very important not just for the economy, but within the breaks themselves. that do in novel, the movement of people and above the easy movement of, of capital as well as boots as well. so i think energy infrastructure um transport communications. so it's a very, very vital sectors that we must think of. but of course, so the traditional ones like mine i, they, i think we cannot really begin to mention because, oh, well, no, i've done what the key drive in business over the country right now. right now, the tension between russia and the us be collective worst. rather, not just the us driving. i think that interprets countries to you, not. now the high points of the day it was as at the 5 breaks that leaders addressed the business for him. 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 big issue motion for the young ones were coming here is to understand what is the heads of spirit of some of the fosters greek economies thinking. i mean, 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 talking about piece across credit drawers. that's what we are looking for. i like to the fact that the they are saying we must focus and continue to look at a agriculture because with a i and we've technology advancements. people still need to be, you know, so, and that's a big element in terms of what is it that we can do as most countries on. i forgot, we are also looking at with interest in terms of the pronouncement due on the

brakes conferencing. because many of us have been asked to be on the african continent and the other develop the developing nations as to why must we continue utilizing that dollar when we 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 to 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 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 worldwide currency. i remember having a come car into 4 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, 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 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 bricks and china considers dollar dominance to be the main source of global instability. the who gemini, of the us dollar, is the main source of instability and uncertainty in the world's economy. during the call in the gene 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 $6000000.00 half dams are at risk of starving to death. and the organization's 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 that decision, but at least 30 percent of new lending would be a local currency. so i think bridge has been the captain. this total. busy date 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 polaris 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 corresponds and 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, abraham 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 they are key step towards

a wants admission into the alliance. of course 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 in his weekly press are not working on a who's a sports person for a while. as 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 through all the traditional western dominance. now we see that

we sent to 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 the international, isolating 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 on 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 a introduce

a new joint currency and to move away from the daughter and in their bit to dish and the daughter in international transactions. now director general of the west asia department. as he 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. but go ahead and see what we can, the us dollar and the euro, and will benefit other countries such as a 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 brick center should have 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 at break summit, you're going to have to stay with us, hey, on, on the international as we continue to bring you all the very latest updates from vice here in south africa don't miss our special coverage right here at the venue itself. bye for now by the move. no, no, to all the world. news must go says the rest of that force has destroyed the us, supplied high speed military, both the transporting ukrainian marines in the black sea east of as many or snake island. so it's is released by the russian defense industry shows the mountains the we lot see full semester both it's, they can see the high speed cross maneuvering and attempting to evade sci fi to jet

. snake island is a bulky outcrop, less than a square columbus. inside the hose, ju strategic significance. the boxy and the african union has the suspended media from the continental block over there to in the country. that's up to me just you minutes, you'll start, sees on the west african eco was the lines were unable to negotiate a weight of the crisis in line with the relevant a u instruments console decided to immediately suspend the participation of the republic of news. yet from all activities of the a you and it's oregon's at institutions until the effective restoration of constitutional order in the country. further calls the cold. if an old member states of the a, you 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 embassy to the legal regime in news. yeah. the applicant, judy on a piece of security council,

allows the suspension in the community on tuesday and told its members to avoid any absence. but my support for cool got my problem. these are this after many attempts by the regional block, a course to negotiate the return of power to all the president mohammed assume the a you cause also said you'd have note that the decision made by a cause to activate a 10 by force and that it was assessing the economy, social security implications for thoughts to see something that has been growing for, disappearing off the ground by a course to deploy its forces in the share, identifying the decision of the economic community, a west african states to intervene militarily in the chair. right, following this decision, molly and booking at fast, so also warned it's 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 us 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 want small african countries to unites president presume, was supposed in a co last month and has since been held by someone just of course says the pool is worse than the threshold attached by his allow me many times in the region, ask west commissioner for forwarding to fast peace and security for tallapoosa on monday. told my jerry unto these on statement that i tax could expand if legitimate of parties are not immediately reinstated. research leaders allows a plan to run and push power within 3 years. what airports refused and describes the plan as acceptable as a destruction by the military to remain in power for longer.