the, the the find welcome to are the dawning of a new era for the most polar world as late as a descending on rush up with a brick summit with a promise to right the wrongs of a previously western dominated global florida. that's not to say they're angry or opposed to it, but they are looking for a perhaps a case of our, with the old and in, with a new book and to have special coverage from the hospital. cuz on the us, the last few hours. now a study stream of gen sabina, i'm bringing some of the wills movers and shakers to this lined monkey event that the indian and the opium prime ministers of the south african president are all among those getting a very warm embrace air off the touching down and cause i'm all that china is be those aging thing touchstone just

a few minutes ago. and it is at the very 1st summit in this new enlarged format with 2 new african countries. joining the family at the global south gains and ever strong. the voice puts off, it goes up president cyril's. i'm opposed to it said rick, lies of a hoss of a rapidly changing work. the opportunities for cooperation, economic progress, immense. the big business council has a crucial role in expanding change, which in big country the

very well wasn't you know, special coverage we on live in cuts for the bricks. 2024 conference is so good to have your company for the special broadcasting life from oxy international. as the most the polar world is blossoming. so many countries worldwide are looking to have a different future. a brighter future. a case has a set of, i'm going to go out with the old and in, with a new, the global self, the bricks, the i see on the seo. these are now becoming the movers and shakers of the world. because the world is looking to a new horizon and the influence of bricks is growing by today the heads of state from. busy over the world of being, touching down here in cars on the head of this enormous gathering. i mean, it really is history in the making of leaders from china, ethiopia, india,

south africa. they've already a landed for the 1st day of each 16th bricks summit. 32 delegations from all corners of the world are set to take part as not imprudent is meeting privately with many of the leaders, including his counterparts from china, india, turkey, and iran. without speaking just the head of the event, the indian prime minister said he hoped the summit would up further boost already high cooperation between new dally and most of the india values. the close cooperation within breaks which has emerged as an important platform for dialogue and discussion. on issues concerning the global developmental agenda reform to multilateralism climate change economic cooperation, building resilience supply chains promoting cultural and people to people connect among others. building upon the annual summit held in july 2024 in moscow. my visit to khazan will further reinforce the special and privilege strategic partnership between india and russia. all right, let's across

a lot of out to all these orange and shot about who's now joining us here, basically from the convention center where all the action is slowly but surely starting to build. oh, the engine, i understand the engine 5 minutes to it has already touched down here. a lot of woman, braces potentially in the expectations of engine folders, historic bricks summit. what can you tell us the uh, richard, this is rory in the studio here. can you hear me okay? the door, i do apologize, but we're gonna have to touch base or the window run to an in just a few moments. yeah. technology, it's not always perfect, but listen for

a moment here and i appreciate your patience. by the way. let's get to know a bit more about this alliance because basically, and we're going to take you back a little bit here. the 1st break, somebody was held in the russian city of your counseling book that was back in 2009 . i have looked at these pictures here, so when the, the, then russian president, dimitri mcveigh, that's the brazilian president lula, the silver, or the indian prime minister, mind mo, on seeing and the chinese president then inclusion tile, they all got together. and at the latest, i set the goals of the book and basically what all the goals to promote a open dialogue and cooperation as of common interests and to build a harmonious world of last in peace and come and prosperity. it sounds lovely, almost like a hold your hands and do a combined moment. but at 1st the group pony had worked full member states, it was brick. it was presented with russia, india, china, and then it became bricks when south africa came on board in 2010. now this year, egypt, ethiopia, iran,

and the united arab emirates have joined and while there's now a long q forming out the door. busy with countries eager to join what is rapidly becoming the new industrial, then we'll financial powerhouse of the emerging multi polar. well, i mean it all sounds great, right? but it's really truly fascinating. have a look at this story. smotts east ask you tailor, assessing how the bricks blockers will really only gone from strength to strength from humble beginnings, to economic and political power. house bricks is the new kid on the block, shaking things up. brooks is a melting pot of language is economy's religion dismissed. a team of political systems, coaches all different, and yet somehow united with the sun, what sets breaks apart from many other international organizations? bricks was never meant to be created in opposition to anyone, the prime minister of india put it best. he said, bricks is not an anti western alliance. it is simply not western, this distinction is very important. there is great meaning and that brakes does not

set itself in opposition to any one. it is a group of countries that are working together, guided by shared values, a common vision for development, and most importantly, by the consideration of each other's interest. bricks is unique trolling together not by both money or military bites, geography or history. rather, it's way of thinking, what about peace and prosperity for about cooperation? what about respect and representation? and it was born of necessity for too long too few countries, rich from sun during poor nations, had to goods, jealousy, guarding the wealth and power. to be honest to why the club, because there was another club, it was called the g 7. and you wouldn't let anybody else into that trap. so we said we go, i'm home, i don't know. so we decided ok, uh, you know, we are also, you know, good citizens of good standing who have

a place in the, in the global society and, and therefore, uh, uh, this is house typically clubs, multiply that. so uh, so it stopped it. and as it started uh, like many clumps, it gave me the life of its own as i traveled around the world. uh, i print play, see modern mall. uh, enthusiasm. you know, more, mon interest really in country is wanting to be associated in some form of the other bricks is soaring popularity. it shouldn't be surprising, after all, hardly a week goes by without us hearing threats and such and corals of power pay by our rules. trade with whom we approve all for like fleet as we want fights on fund the rules that we need home by the way. our enemy must be your enemy to or else. and if you've got to step how to fly in and put sovereignty over subservience to see what

is clearly today's global economy is grossly distorted by the methods that the west is using to punish those who do not follow its rules, which are steeped in neo colonialism. to wipe out competitors, these methods include unlawful sanctions, asset seizures with an eye towards confiscating for and owned property, as well as blackmail trade, blockades, and much more. that undermines the basic foundations of the global economy and hinders the achievement of opportunities that are of interest to all countries around the world. opportunities are being forwarded as the west prevents their realization in order to promote its own self serving interest. so that was good, it's around a start of the world's countries are now sanctioned by the us, one way or another. over $9400.00 individuals are washington blacklist held by the throat by you told me in a dollar, which is no longer a current c, but

a weapon used and abused to secure america's last thing had too many to keep intact the rules based on what some rules are illegal, sit on his own web, some ice, you see war and so good. but those aren't where the rules are for some not for all . the times are changing, and countries of time not just overhead poll, proceed, but also being treated a 2nd tall citizens, anxious to be living at the whims of a few useless shameless. she's no coincidence that there is now talking about switching to national currencies. who knows which side of the bed the us president will get out of tomorrow and who will fall out of his favor? this move to trading in local currencies is an act of self defense, and it is picking up pace every day. around 65 percent of the trade between bricks

members now bypasses the greenback in russia and china is case it's 95 percent. now the room is of a new thing to do with the us dollar payment system a bit like swift, but which, unlike swift, the white house calling just caught nations off from when it's in a bad news. and all of this is part of creating an, a political alternative to a while georgia that's out of date, out of touch. and very often, out for plot breaks his inbox on a huge jump, jump in these efforts to build a world that is fair, a word that is just a word that is also inclusive us and trust for us. the west wants to control the discourse in the world, but we can no longer accept it because they are no longer a colonial power. an independent country should be free to express themselves. the world is no longer uni pulled. and the rise of bricks including china, has offered

a gleam of hope that there are checks and balances in the world. and the mere multiple of the world has become a reality. more and more countries are speaking out for a fair world order and are ready to resolutely uphold the legitimate rights and protect traditional values. new centers of power and economic growth are emerging and growing stronger. i see the need for a long time the world has witnessed and influenced driven global holder. today's world seeks confidence not to influence. this coalition of emerging economies has demonstrated the importance of adding different voices to the global debate. we believe that a multi polar world is better than a unipolar domination or a bipolar dispute. the creation of various networks, various agreements between countries can help balance out conflicting trends, intentions. the right thing is on the wall, the center of power, both political and economic is shifting east and south. and rick bricks is

the face of the driver of that change out not to compete, not to challenge, not to criticize, impose conditions on what to well, leave the bricks for a new truly rules based older one and which this time every one plays by the same rules the well, that was a great package right there from all of these us ask you a tennis, you'll be joining us here just a bit later this afternoon here at our special coverage studio in the heart of cuz then i real research right? with peter hun slip, he comes with joining us here. he is a geo political strategist and come i to peter. i'm so glad joy here you've come for this. my mentors to event for this bricks 2024 summit it's. it's a big deal. the world, whether people like to hear it or not the world is changing. now i want my thoughts question to you because it's a really important one. a lot of tools has been going on for the past few years

about developing this one currency. it's one bricks, currency for all of them to use with that trade amongst the bricks. finally, it was the russian president vladimir putin who just a couple of days ago, said the currency is not ready. why do you think that is and what is the importance of this current? see, it must be difficult to get ahold members of the same family to agree to the same idea. yeah, i think that's not the problem. i think these uh, these members will gladly agree. mm. well these are very difficult to to build the car and say like that if you look at the, you're always yes with these all stuff. yeah. you are last about the 98 percent since it was established in 1999. yeah. yeah. as it is not necessary at this time because uh the members among themselves stay trade in there. know what kind of car is it? right, right. the issue is the settlements at the end of the year if you have to wait

deficits. yeah. um between china and throw off shop. this is a non issue. mm. they have about 24260000000000. right. uh turn over every year. so i think the trade deficit uh, in favor overall shows about 8 percent fine, but that means space seats on you, all right, and they can spend it otherwise. right. the big issue is for example, uh with uh, india. mm. you have to turn over if i remember is about 60 6 pm at the that for say to 60 won't be and that means the rest of the seats on $61000000000.00 us dollars worth of little p at the end of the day. yeah. now, well, has to be established is a settlement the functions and how can you settled this? i'm the i wrote about that extensive, extensively. and i do believe that if you look at the goal to purchase this at the scene of the past few years uh,

intensified in seats 1926 of planning for the new zip is a feeding frenzy piece to the central governments. i've been holding goals for the past few years, get i by the way, if you can check and go prizes today yesterday the day before and every day for the past 2 months or so, it's a new record. every day the gold price is going up. i look at every morning and go my goodness is going up again. it's, it's, it's not stopping piece of yeah. why is this? because you know that this is a trust i trust in the us dollar. um that printing us dollars, which ease at the, at the pace which is incredible. over the past 2 weeks, i heard that you have printed about 5 home, 3, b and and people don't know what the trading at nice but, but they also don't realize that the dollar has lost more than 90 percent of its purchasing value in the parking fee is 1999 percent 99 since 1971,

so they gave up the gold back. and so in the past, 53 years, you're telling me the us toilet has lost 99 percent of his purchasing power. yeah. but this is the global reserve currency fee to how can that be? yes, because the of, of the least over that mean stay, spend too much money. do you know i always have stone. i grew up as a child. you know, my parents always said to me, live within your means when you grow up, you know, so this is the case of not living within your means. excessive printing as well and the dollar, essentially, it's not backed by anything. this is part of part of the conversation about gold. yes. in bricks, a commodity box, car and see, but it wouldn't just be gold. would it would it could also be agricultural things or food supplies. how would you do that? yeah, for the sale, a lot of ideas. yeah, yeah. you know, of they were talking about the cobalt to capacity. right. and that's right. of the problem with come multi device could if you take oil it has to be functional that over 30 different types of oil, right?

so that means they have different qualities. they have different prices that makes the whole thing extremely difficult. right now, what is formidable? 99999 volts and 9999. point 9. silver is from triple. that means this will be a very nice way to settle the rate of that fits. it's right now. it cannot be, cannot see what will be announced. yeah, yeah, there's no program here. nothing is a now, you know the people to be some, unless they've been saying, you know, maybe china one day with announce gold $20000.00. announce that we, you know, it's, it's what 2700 bucks approximately right now. for a, for an ounce of gold. i remember about about 10 or 15 years ago, it was about 1100 bucks to announce and much less even try it. so bad. but, but gold keeps on going up. people are holding gold, but when it comes to the bricks, family and all these central governments who are trying to get their hands and all the gold possible, how would you compare, you know, you talk about a single currency. china versus ethiopia, to members of the very same family. how could they,

how can you bring up the discrepancy, the, to put them on an even keel is it will be as cold as know, all these companies buy gold of the freight settlement. i went through with things . oh yeah. yeah, cuz you don't have to reinvent the wheel. aha. it's all that i keep perfect. and it's possible every bolt, the with the brakes and not only brakes. companies bought uh, companies which are close to brakes. uh huh. that buying gold formerly and off load of silver. uh, the indian spice silver like there is no tomorrow. and the chinese even by the seals were in god's that's 80 percent sales, but directly from the directly from the mindset. this result, the report that ride right now people say, yeah, the indian spite for the soul, solar panels they want to produce because they have to be updated 3. so the coverage, that's a possible me. well, you look at the big picture and you will see the trend off the global sideways

come through the truck, close. all that i'd be very close. yes, rick spirally. yes. that gives me an indication that may be some traits. settlement mechanism will be based. busy bolt, maybe also on silver. yeah popped up with regard to to, to come up with the basket. i told you functionality is very important. you can do it. a width with a basket come up at this moment it will be cumbersome and that's good point. i appreciate that present, you know, successful successful systems mom always simple and hold is safe. there it is. keep it simple, stupid. some people like to say i, you know, when you talk about breaks, let's bring in, cuz you mentioned oil a few moments ago. let's bring an opec, an opec plus, because some of the members of bricks all the members of opec as well. and opec plus this is the oil cods. how old the world piece of what does that mean for g 7

countries and the rest of them who are not within this blog when you consider the the brick skies and now essentially also the opec guys i will continue. i mean, man is waiting for example, they want to get in on breaks down the road as well. saudi arabia's got a complicated relationship with bricks at the moment stuff, but have a complicated relationship. it has a complicated relationship with the, with united united states that really, exactly cos i be that the, when they said they going to join a break state golf on the huge pressure from the west. yes. and they have invested an incredible amount of money and you with some great britain and they don't want to lose it. yeah, of course. and since we know how the collective west behaves, that's a real danger. i think that is one of the big issues that break 3 wants. yeah. you know the radio in because breaks currently controls uh on the top of my head,

i think 35 percent of all the protection. yeah. m f t 7. when you, once you see box yeah, from the 21 in g. 720 is consumed by the american pride united states. that means that corner, they have a huge issue means can you imagine you've sold your avi a choice? so if you are a but it's about 12.513 percent of what was our fault that will bring your life full of breaks into high forties. yeah. yeah. and yes. be able to control, at least, i mean, think, you know, so we're talking about oil players which will energy play as the bricks. the 1st countries have the most geo strategic ports. they bought the shipping lanes as well . i mean, this is, i mean honestly, this is huge. there was so much change happening in the world today and, and before that, you got to pay the one last question. if i may, the russian president has made a point as has the covenant spokes person to meet you past class to say that briggs

is not against any one. it's not an opposition instrument. why do you think that saying that? no, i don't think that this is the goal of breaks uh, voltage becomes a block because uh, you know, if, if i look, if i look at the foreign policy of 2 and i did states, if you look at the figures, i fully understand that the americans won't kill brakes. yeah. because if bricks is successful, they are not. yeah, that's the ends of the hatred many. and i believe i believe that easy breaks is not an organization against the west west. it's a blow against bricks very inc. i will to put it this way. i think that's a very strong statement to wrap up this very intriguing conversation. feet of hensler, a g, a political strategist and consulting. thank you very much for joining body there on the nation. thank you. i really enjoyed that. thank, thank you. thank you. well,

that would be the hon. so joining us to tony at laura as well here on, on the international as we continue our special coverage here. so it was a, this, yeah, it so to african countries of egypt and the ethiopia joining the ranks of the group of south africa, the continents 1st nation to become part of the brick style money back in 2010 headed bits traveling to design as president serial and i'm a photo said this country was ready to fully embrace the potential, the bricks office. the historic expansion of bricks creates for the opportunities to foster pro, bust, trade and development corporation. the expanded bricks group now covers 4 to 3 percent of their was population. their group together icons for 27 percent of global g d p. and the 5th of world expos as the opportunities for cooperation, economic progress,

immense. the big business council has a crucial role in expanding trade, which in bricks countries, south africa, is ready to place the summit kicking off today of lot of my putting is holding up. i left roll talks with up the bank had deal mode. who said, let's have a quick listen on a single developing financial institution that seems 2018 i believe some $100.00 joint projects where it's on the it's a word for the last $33000000000.00 . and the enhancement of settlements and national currency is allows to your decrees most quantum,

the payment for people that means english servicing the loan or in families do service the same shape, doing him home in defending the financial independence of the brakes. member states fuel duties and to reduce cho, political risk to the median. 5 rating. the global economic development from any political e. uh, come be uh, pretty mature over studio and the inferential display uses mostly to shoot them to explain the existing where you really hope critics, as the country presiding over breaks these here on your excess participation in the breaks later assignments. him cause um us here. um those the examples along the deductible debates in noise this problem was useful pool by use of the procedure

local sample, typically to zip on your, on the ocean city. as you know, you have some meetings planned because the way the sanction being said later is in going to school is out of schools we, there is some be all going to city and was moved to hear from us always still. but as it should be, that just the bundle and also your reports of the bank activities once again. welcome to begin with is beautiful too much, especially because, but you put a general procedure to start this new. this is the post that's the source. uh gimme yamisha or add these to know how to use the diesel. uh so if i was confused, if you do not same, you agree just the key crush consideration. those peaks elmer, him when people start. yes, you best store at the city to break. so utilize which environments bricks meeting is a very important step. was by using do some global data assistant, died soon,

a serious must continue. how does he have them? some bank had to stick with died spot ice and this i'm in the station. my, me and stand the go button, the way you got, which is die with the global south country. when you play a thumb for that, you will need to financing a solution then. and if it is a really difficult to obtain any additional funds to see it, but as i said that i despise beaks. comfortable. yeah, i me to do. i'm, we just teaching the whenever you can this, you know, when yeah, we have already provided. and then it's like the funds for stoppage significance number of projects. so but to me it sounds as if i still need to do more to cover the needs of global sales and send me an email with a little call if ive eligible for phones. the specifics, even if i have to what she of was not to speech, which is nice to you when you over the summer. and that's why you the,

this is one of the reasons that we need to expand mutual segments and the national karen sees the corporate on these the little bunker as v t a play the ocean at the new developing bank is committed to this vision project. so that is my stamps at the free, but you can also because my sandwich and you can call us in the past and look at the e file in order to provide the financing for a private initiatives as well as a solver and project system. my 5 g g grange, i'm addressing it as i suggest movies and thoughts. i mean your brakes. um, could you give me the yes, the brakes association go through one of the stages. i'm still in this development piece, but it's becoming more mature by his brakes. bottles by using the silver e you should bashful uh, blink. stablish that more is it um, protects you better to use time and go by and the way you guys is my opinion that

already ways also expanded to include other countries of the global. so lovely. i think you need to always get a settlement. sometimes we can identify new areas for cooperation and e. uh, the problem is that what we did just let you know we're all voice new areas and the new direction lucian. and so this saves this, this size bottle. so pretty is north of the system. that's l. a big thing. fox and the info movement at the well to quest, by so despise members of what the city he all frustrated and your breaks. uh, this for the kinds of products and that's most of my inspection break now, and then you'll probably get focusing on if it's on the providing on the go button while you additional financing to global sales projects are priority designed for the association.