in berlin a meeting between the leaders of brazil russia india china and south africa kicked off todayin brasilia the so-called brics countries are trying to strengthen economic scientific and security cooperation now it's a turbulent time for the host continent we'll get to that in a minute 1st a look at this rather divergent group makes up 40 percent of the world's population and 20 percent of global economic output china is the economic powerhouse of the 5 its gross domestic product exceeded 13 trillion dollars last year india's population is almost as high as china but its g.d.p. was a 5th of that the next 2 are closer to each others levels brazil at 1.9 trillion at 1.6 and their south africa at just under half.

who called the soft among the brics economies brazil russia india china and south africa are meeting in brasilia but this year's summit raises questions of whether the brics may have hit a wall. also on the show we look at nigeria's so-called sandwich generation young workers trying to start families while supporting their elders leaving little for themselves. and chooses berlin for its new european gigafactory. german engineering the facility is planned for the region near the new airport but did anyone tell him that hasn't gone well. this is the. one in berlin welcome a meeting between the leaders of brazil russia india china and south africa kicked off today in brasilia the so-called brics countries are trying to strengthen economic scientific and security cooperation not an easy task for rather divergent group especially economically china is miles away from the rest of the pack its gross domestic product exceeded 13 trillion dollars last year india's population is almost as high as china is but its g.d.p. was a 5th of that the next 2 are closer to each others levels brazil at $1

who calls assaults among the breaks economies brazil russia india china and south africa are meeting in brasilia but this year's summit raises questions of whether the brics may have hit a wall. also on the show does lead to the berlin for its new european gigafactory c o. a long must praises german engineering a facility is planned for the region near the new airport did anyone tell him that hasn't gone well. the problems in china take a look at how the african swine flu has impacted the world's biggest consumer of pork products. this is. a meeting between the leaders of brazil russia india china and south africa kicked off today in brasilia the so-called brics countries are trying to strengthen economic scientific and security cooperation now it's a turbulent time for the host continent we'll get to that in a minute 1st a look at this rather divergent group makes up 40 percent of the world's population and 20 percent of global economic output china is the economic powerhouse of the 5 its gross domestic product exceeded 13 trillion dollars last year india's population is almost as h

this year brics group which is an acronym made of the 1st letters of its 5 member states brazil russia india china and south africa gather for an 11th time and for some really serious stuff. and impressive set of goals for an ambitious international group and the brics members have already voiced their big expectations under the strategic guidance of the leaders of the 5 countries the brics corporation has become increasingly cohesive with its influence constantly on the rise has served as both a stabilizing international turbulence and was example of a new type of international relations and it seems its influence is even more of this at the time off decline for so many others of such kind take the asia pacific economic cooperation for example the international summit that was set in chile where presidents trump and see jim ping we're expecting to sign a trade deal. the apec summit was suddenly cancelled because of unrest that has taxed the country's security forces. this is been a very difficult decision a decision that causes also a lot of pain because we fully understand the importance o

the annual summit of the world's 5 major emerging economies is now taking place in brazil the leaders of russia india china and south africa and brazil are add to the event the brics a group represents more than 3000000000 people worldwide and seeks to develop economic and political cooperation. the summit has also been marred by protests supporters of venezuelan opposition leader won quite overly or stormed their country's embassy in brasilia heart he's more if national has more. i'm * admin as well embassy here in the city of brazil here in dayton i can tell you that the situation here on the ground is quite warm rain just a while ago there was a fight between the supporters of it as well as legitimate president nicolas maduro and those who own the site of the country's self-proclaimed leader of one why don't and before that some of he's supposed to manage to storm the building and get inside and right now we are receiving contradictory reports on who is in fact in charge of the embassy right now and the most interesting and important thing is that the local police although there are many officers

brazil russia india china and south africa the group of emerging markets known as brics are backing the idea of developing a common payment system russia annexed brics pairs have been looking for ways to decrease their dependence on the u.s. dollar and have been advocating using their national currencies in mutual trade the 5 brics nations have also discussed potentially creating a common crypto currency for payments as well these discussions of dollar izing are accelerating in the face of u.s. protectionist policies as countries fear the u.s. weaponize ing the dollar through the dominance of the network the us has previously used this west as a weapon before and 2014 when it blocked russian banks out of the network and recently the us also threatened to lock china out as well tensions between china and the us are mounting once again after phase one appears to be far from complete president xi jinping reiterated to the brics council that protectionism and bullying are harming the global economy and hurt international trade and investment and it intensified pressure on the global economy

india begins construction next year. brazil's president jalal so not all once decry china as predatory now he's welcoming president xi jinping to the brics summit in brussels the presidents of brazil russia india china and south africa are holding a 2 day meeting there which is expected to be a low key affair with technical discussion. to nigeria now where many young professionals have an invisible tax when it's paid it the money they earn must feed their parents and other family members due to poor social welfare coverage older nigerians have to turn to the younger generations the younger ones often put their life on hold to take care of their parents and siblings. getting ready in the morning without running water isn't uncommon in many parts of lagos well the band you saw them on on a coin has to make the most out of his 5 metre square room. he works in a small saloon giving money cures and pedicures. i'm very close it is out and i said there's something so. he can't afford to lose another client it's the rainy season and business is slow but that doesn't stop the messages from home his family still asks him for money i get a message from my sister about school fees. and so. i knew fr

president xi jinping after all china is the undisputed heavyweight among emerging economies brazil russia india and south africa are merely audience members so. there are lots of good suggestions on how we can strengthen trade systems commercial hurdles and improve communication and cooperation the suggestions shows what the economy needs. host brazilian president jarrod boss on our oh is stuck between a rock and a hard place he's no fan of multilateralism and he seeks close ties with u.s. president trump still china is a key investor for brazil what is in your. own loss to premier. china is our most important trading partner. together with my entire team as well as the brazilian business community we want not just to expand we want to diversify trade relations. that's probably music too she's yours after europe and africa china has long had south america in mind for the construction of its gigantic infrastructure project the new silk road. the peace process in colombia is facing new challenges that could endanger a deal signed by the state and former us but there is also a new push from commun

in berlin a meeting between the leaders of brazil russia india china and south africa today in brasilia the so-called brics countries are trying to strengthen economic scientific and security cooperation now it's a turbulent time for the host continent we'll get to that in a minute 1st a look at this rather divergent group that makes up 40 percent of the world's population and 20 percent of global economic output china is the economic powerhouse of the 5 its gross domestic product exceeded 13 trillion dollars last year india's population is almost as high as china but its g.d.p. was a 5th of that the next 2 are closer to each others levels brazil at $1.00 trillion at $1.00 and their south africa at just under half a trillion now in host country brazil the leader once described china as a predator a year on with a sluggish economy in mind he softening his tone as the president welcomes his chinese counterpart xi jinping the billboards however aren't as welcoming for hong kong china. and china brazil it would seem china's growing influence on the continent isn't the easiest to sell to the

predatory now he's welcoming president xi jinping to the brics summit in brussels presidents of brazil russia india china and south africa are holding a 2 day meeting there which is expected to be a low key affair with technical discussions. and before we go for all of you who can't get enough of starbucks coffee well you can now take your addiction to the next level the world's biggest starbucks branches opening in chicago this week the 4 story building is a fully functioning grocery as well as a cafe a coffee beans are sent between floors through transparent to customers will be able to sample where coffee is from around the world through various brewing methods a massive coffee shop will employ around 200 people. and that's all for this edition of business i'm going to go read a coffee you can stay in touch on our website you w dot com slash business for more on the festival thank you very much for joining us today but. this republic it's a digital lab lithuania and its 80 sector. genius is a house for exciting new startups. young talents flocked to the capital while investors factor new firms t

times and we're going on the ground as leaders from brazil russia india china and south africa the brics nations representing off the world's population meeting brasilia for their 11th annual summit amid a right wing coup against the leader of neighboring bolivia evo morales coming up on the show what else is on the mind of brazilian leader higher balls than our own is his biggest political rival former president lula is released from prison we'll ask his defense lawyer and brazil's former finance minister what lewis freedom means for the future of brazil and the planets all the some more coming up in today's going underground but 1st the going underground team a back from damascus arriving before israel's reported attack on the syrian capital but aside from a new does raney have strikes in gaza the global south is turning their eyes to latin america not just the super block of the 21st century brics meeting in brazil's capital the cia backed coup in south america's poorest country bolivia it comes as brazil's most popular politician luis enough go to the silver has been released from pr

emerging economies to network better with one another india's prime minister narendra modi urged brazil russia india china and south africa to be more ambitious in their trade goals and investment. the peace process in colombia is facing new challenges that could endangered deals signed by the state and form of rebels but there's also a new push from communities to strengthen peace with the government young business people supporting projects that help x. to relieve fighters reintegrate into society he w. visited a textile factory and brewery that have got involved rubin. is checking the brewery equipment the beer is one of the items think produced by former farm rambles following the peace agreement between fark and the government. just like then about $3000.00 x. fighters live in these camps made for x. park members to reenter society the former fighters receive the equivalent of $200.00 euros a month it's the same money that finances the brewery. even though it is very popular seals income doesn't cover production costs. more just doesn't been as colleagues gave us the brewery and the fermenter t

invited fellow brits member states to assume a larger role in the united nations the leaders of brazil russia india china and south africa have now brasilia with a focus on boosting the economic and political partnerships driven ocean that recaps what's been discussed. these have been 2 very busy days deliveries of bricks member states met here for 11 summit brought to bigger locations with them to have extensive talks speaking with the russian media holding all the meetings russia's president vladimir putin has stressed the group's influence and it will continue growing steadily as a global stabilizing force speaking about one all russia's brics market as china plumber who expressed he's disagreement with america's demand to include china a new nuclear pack tough to throw in from the i.n.f. treaty china issue was a monkey reasons behind america's decision or so used to show you a loose russia in the us remain the biggest nuclear powers in the world but if we include china in the negotiations why just china let's include from some the u.k. then and other countries which are officially acknowledged

the so-called brics nations comprised of brazil russia india china and south africa are considered the world's top 5 emerging economies. grade at one point during the summit chinese president xi jinping took subtle jabs at the united states saying tactics of quote bullying have eroded international trade and investment. see here you are i hope you will seize the opportunity rise to the challenges mobilize more resources from the business community and actively invest and do business in brics countries during the final plenary session russian president vladimir putin spoke about the common goals of this divergent group within the international community. brics states should take at leading role in the un with more initiative we should be more active in promoting a peaceful agenda we should be uniting like minded countries to resolve essential global and regional issues if those come some analysts believe that as the united states adopts a more isolationist role in global affairs countries like the brics nations will fill in the boito the other countries are tourists taking for themselve

alliance between the brics countries is a vital factor for global stability but leaders of brazil russia india china and south africa have held a 2 day summit on the russian leader gave a speech on the final day when the if an ocean has been following the talks for as in brasilia mario would have been the big takeaways from this year's summit. put to you from brazil reason have been 2 very busy days the leader is on brics countries mats here for 11 summit brought big delegations with them to have extensive talks speaking with russian media following the events here in the capital city but reporting has stressed the group's influence and it will continue growing steadily as a global stabilizing force. and speaking out about one of russia's brics partners china lightman who can express his disagreement with america's demand to include china in new nuclear power after he's drawing from the i.m.f. treaty china issue was among the reasons behind washington's decision here's why didn't put things comment on that. first used to show you russia in the us remain the biggest nuclear powers in the world

brazil's capital xi jinping says threats across the world are also weighing down global growth brazil russia india china and south africa account for 50 percent of world economic growth the 11th annual bric summit in brazil it comes as protests and on rest rock several latin american nations. a sri lankans are preparing to vote in a presidential election on saturday got by our rajapaksa the brother of former president mahinda is a favorite to win his campaign on national security after the easter sunday suicide bombings that killed 263 people furnace smith reports and. mahinda rajapaksa is not running for president he's already served the maximum 2 terms yet he's the man these people have waited hours in the rain to see. it's his older less charismatic brother got a buyer who's on the ballot politics is a family business for the rajapaksa it's. got a buyer announced his candidacy after the easter sunday suicide bombings the targeted churches and hotels killing 263 people. we want to save the country and make it a safer place in the future. we're hoping that he's the one who can save the country fo

single important stories ignored by us media the brics alliance and the efforts by 5 nations brazil russia india china and south africa to cut the u.s. dollar out of the nation to nation trading thursday the bric summit wrapped up in brazil and some of what those leaders of those 5 nations had to say is pretty telling. i would suggest to increase the participation where credit is offered in local currency i believe that it would reduce cost and risk and would strengthen our currency these bonds. program so that in our next summit we can reach the goal of $500000000.00 of commerce intra brics we made a commitment that event should benefit not only brics member countries but should also be able to extend its horizons to the emerging markets and developing countries like our own countries or brics leaders also discuss creating a digital currency or even a crypto currency which could be used to get around the swiss banking system a u.s. dominated system for transferring money internationally. facebook is under fire yet again this time for him a day its members privacy it turns out that the social me

me putin has hailed the brics alliance as a vital factor for global stability the leaders of brazil russia india china and south africa have wound up there somewhat it was india with a focus on boosting their economic and political partnership and he has more information reports from the brazilian capital. these have been 2 very busy days deliveries of bricks member states met here for 11 summit brought to bigger locations with them to have extensive talks speaking with the russian media calling all the meetings russia's president vladimir putin has stressed the group's influence and it will continue growing steadily as a lobel stabilizing force speaking about want all russia's brics partners china what must be expressed these disagreements with america's demand to include china a new nuclear kept tough to throw in from the i.m.f. treaty china issue was a monkey reasons behind america's decision or so used to show you a loose russia in the us remain the biggest nuclear powers in the world but if we include china in the negotiations why just china let's include from some the u.k. then and other c