brics summit has wrapped up with a joint statement and that's the leaders of brazil russia india china and south africa dollops of protection. is the business i'm doubt as welcome. there's a sense of relief in europe after the u.s. president on trump and european commission president. agreed to try and take the heat out of their transatlantic trade the german economy minister hailed the talks as a quote breakthrough that could avoid the trade war and save millions of jobs over the french government cautions that any deal must be limited and benefit both sides . the american president was his usual confident self when he met the press together was. the deal was done the e.u. and usa have backed away from their looming trade war. on the other side of the pond some german political leaders welcomed the agreement. we have managed to avoid the outbreak of a trade war. and return to the negotiating table instead this opens up the opportunity for us to reduce tariffs instead of increasing them and it means we can strengthen world trade. as part of the deal the e.u. has agreed to buy more amer

impose tariffs have given brazil russia india china and south africa more reason to increase trade cooperation between them it's also force china the world's second largest economy after the united states to look for other markets to buy and sell its products china has been the most important trading partner with the u.s. so as u.s. to china on but now with leading trade tension we care in certain bad in the next few years to trade between those two countries will be heard for a wad along with a very volatile exchange rate market exchange market. for china to extend or to strengthen other relations are europe and africa is top choices because of the share share size of those markets brics leaders in south africa have suggested and never need to be held world players discuss the differences and perhaps prevent a global trade war but that to happen all parties have to agree to come to the table and try to find a balance between promoting national interests and those of the global community al-jazeera went to visit a technology harbin sao paolo to talk to experts who believe brics can provide an

the talked expected to be dominated by trade brics is made up of the emerging economies of brazil russia india china and south africa china is urging the world's emerging powers to unite amid growing u.s. protectionism. with the threat of terror of all five leaders here at the brig summative said they are more united than ever before and they're going to increase trade between each other china is by far the biggest economy here and british and it has to basically keep its friends and allies happy one thing we see in the past few days is just pumping billions of dollars into some african countries namely south africa and. and a lot of people are now waiting to hear from the leaders how they plan to counter the u.s. plans when it comes to tariffs another concern about how the chinese do business in africa in particular is the issue of how they don't tend to not interfere in domestic politics and some people are concerned that if a country for example is accused of human rights abuses the chinese won't speak out against it another concern in terms of trade the concern is that a big economy like china w

for collecting and processing statistical data of brazil russia india china and south africa in two thousand and seventeen in semin the decision has been taken by asked to create a font of national carrier and says it's very important for the development of financial and currency systems of countries practical launch of this farm in twenty nineteen car corresponds to the brics interest we are grateful to our british partners for their support of russian idea to create brics energy research center i'm sure that from the quality point of view. reviews and forecasts it will be able to compete as equals. equal with a world energy analytical agencies i'd like to track the attention to the russian beach to organize world expo twenty twenty five. he could there are groups we do not compete here with cities from brazil india china or south africa difference will it come to your support at the end of my presentation i'd like to thank our south african france the president of south africa mr rem of course an. enormous contribution into practical interaction in the framework of bricks and thank you for

the leaders of brazil russia india china and south africa have gathered in johannesburg for the annual summit of the so-called brics nations trade and tariffs of course on top of the agenda as donald trump's continuous assault on free trade is giving the loose bloc a fresh impetus the leader of the biggest brics economy is also using the run up to the summit to further its own trade agenda on the continent. the chinese president xi jinping is traveling through africa and he's bought china's checkbook with him he has a little something for each country he visits on tuesday it was south africa's turn where she promised fifteen billion dollars in investments many companies are hoping they'll get a piece of the pie and that's boosting investor confidence. south african president so real ramaphosa has also been currying favor with investors since his swearing in in february. including china's pledge he secured thirty five billion dollars altogether. the bric summit is ramaphosa his first appearance on the international stage he's joined by the leaders of china russia india and brazil in joh

leaders from brazil russia india china and south africa say they are united in fighting petition ism and promoting global trade it's the first time presidents hold the brics a meeting since donald trump's administration said it was ready to impose tariffs on all chinese imports a movie called him a say could also hurt smaller countries like south africa we are meeting here. at a time when the moment to look for a trading system is for you seeing unprecedented challenges. by the. measures that are incompatible with world trade organization. we are worried about the impact of these measures especially as the impacts developing countries and economies. the five countries of the brics but this is in some of the world's biggest emerging economies more than thirty percent of the global population china has the world's they could largest economy after the united states already started out of the markets to buy and sell their products countries. have become privatized. community activists feel the scrabble for resources could undermine human rights and good governance in perspective of india

biggest fanfare free traders had in months the work summit wraps up with the leaders of brazil russia india china and south africa all vowing to fight protectionism. and facebook makes history again with the beers ever one day stock lost in u.s. market history. this is your business update on how the non frame but glad you could join me it's not quite a deal yet more like a truce but there's still a sense of relief in europe after u.s. president donald trump and european commission president. agreed to try to take the heat out of the transatlantic trade around the german economy misstating the talks as a breakthrough that could avoid a trade war and save millions of jobs the french government adopted a more cautious tone saying any deal must be limited and to benefit both sides. to victory lap has begun in the farm state of iowa u.s. president donald trump celebrated his new trade deal. i mean basically we opened up europe and that's going to be a great thing for europe and it's really going to be a great thing for us and it's going to be a really great thing for farmers. before trump and younger

the leaders of the brics nations have met for their summit in johannesburg the nations of brazil russia india china and south africa contain forty one percent of the world's population arms they account for nearly a quarter of the world's g.d.p. in the face of the u.s. government's trade policies these nations have signed a joint declaration that stresses the importance of well trade you know. the leaders immortalised their hundred prints and play together a symbol of acting for the good of all nations that's the message of their declaration denouncing customs duties isolation and protectionism and promoting an open world economy there is a miracle. we must work together at the united nations the g twenty and the world trade organization to safeguard the rule based multilateral trading regime promote trade and investment globalization and facilitation and reject protectionism outright. this statement from china's head of state was met with a loss of approval but at the same time china itself has been accused of closing off its market to foreign goods it's known for copying products promoting its ex

participants of the bric summit have now arrived in the johannesburg breaks is an acronym for brazil russia india china and south africa more than a decade ago these five developing countries founded the economic alliance to secure their future prosperity china has had the most of says economically and heads off the board of this summit. is the breaks in africa still most of the discussions are sure to be focused on the trade conflict with the u.s. chinese president xi jinping called for a concerted effort by global institutions such as the un the g seven and the world trade organization to fight protectionism much of central europe is in the grip of a heat wave with an usually sweltering temperatures of up to thirty six degrees celsius the heat has already damaged roads and devastated crops and higher temperatures are still to come on top of that there's been little to no rainfall farmers are bracing for huge losses the rapeseed harvest is a thin one this summer in the german state of brandenburg there were just fifteen leaders of rainfall per square meter in may normally it's more than sixty the crop

delivered his speech at the annual gathering of the world's top emerging economies comprising brazil russia india china and south africa where he's done of us following the summit for us in johannesburg. we're kind of midway through the main day of this summit that is of course today the leaders of the world's leading developing economy have signed already a joint declaration of the summit and now well basically the talks between them is in full swing now at the trade wars are definitely in focus here in johannesburg after all bricks were created the with the idea of being a counterbalance to traditional powerhouses economic powerhouses mainly the united states now trumps policy on trade has been very offensive he's been imposing the tariffs and threatening with tariffs and has become sort of a tool a diplomatic tool in his hands so now we've already seen brics nations kind of bonding even closer together in the face of this new challenge that they're facing and the experts that we've talked to that i've talked to at this summit at this point look at how politics has changed in the states they want to

opened today in south africa bringing together the world's fastest developing economies brazil russia india china and south africa this year's meeting is expected to focus on revitalizing africa's industrialization . more than six hundred migrants have crossed the border fence between morocco and the spanish territory of sweater hoping to claim asylum some had to be treated for injuries after scrambling over a razor why the biggest breach of the fence for more than a year people who make it across the often deportee back to north africa. police in china say that a man with what they called my father work device was behind that explosion of the u.s. embassy in the capital beijing today authorities have identified the suspect as the twenty six year old china's in among gold you have beaten they've also said that he was the only person injured because motive is currently unclear. there are major international conference on dividing the spread of the hiv virus which causes aids is taking place in amsterdam in the netherlands i.v. infection rates are increasing in parts of the world such as eastern eu

delivered his speech at the annual gathering of the world's top emerging economies comprising of brazil russia india china and south africa as it is done of us following the summit in johannesburg. we're kind of midway through the main day of the summit that is of course today the leaders of the world's leading developing economies have signed already a joint declaration of the summit and now well basically the talks between them is in full swing now to trade wars are definitely in focus here in johannesburg after all bricks were created the with the idea of being a counterbalance to traditional powerhouses economic powerhouses mainly the united states now trumps policy on trade has been very offensive he's been imposing the tariffs and threatening with tariffs and he has become sort of a tool a diplomatic tool in his hands so now we've already seen brics nations kind of bonding even closer together in the face of this new challenge that they're facing and the experts that we've talked to that i've talked to at the summit this point the leaders of bricks are very clear that we will not be in position to t

leaders of brazil, russia, india, china, south africa, known as brics, say they wa nt to africa, knownics, say they want to step up corporation. for china and india close relations with india is increasingly important. 0ur correspondent explains. the indian prime minister says this is important to get a toehold in the emergencies. due to the proximity the eastern part accounts for almost half of india's exports to africa and that is why the indian prime minister is eager to cement business partnerships here. for years there has been immense chinese investment and india is late. xijinping's tour of africa could be seen as a way of beijing trying to shore up presence on the continent. it is estimated china is pouring $10 billion a year into african infrastructure. for example in rwanda this week the chinese president is said to have signed 15 deals worth millions of dollars. some will say this is absolutely fantastic because after all who else will do it? and yet critics claim that chinese investment comes in the form of difficult to repay loans which could block african countries into b

wrapped up a groundbreaking summit in south africa last week what dangers lie ahead for brazil russia india china and south africa trying to forge a post imperial world free of u.s. federal reserve neoliberalism joining me from new hampshire in the u.s. is who else the former consultant lead to the u.n. the i.m.f. and the u.s. treasury john perkins author of confessions of an economic hitman the shocking story of how america took over the world john thanks so much for coming back on the show so back in your day when you were an economic hit man how would you have responded to this new kid on the block seeming to undermine or these threatening to undermine the i.m.f. and the world bank's supremacy you know i mean we had a similar situation through the soviet union it was on the same by anybody but there was a there was a balance so if we were to strive to hurt it strong i mean or untrue like let's say there were two or lundy or indonesia. their governments i turned to the soviet union. and force us to try to soften our approach and then after the soviet union collapsed in the early ninety's they r

speech at the annual gathering of what is the world's top emerging economies comprising of brazil russia india china and south africa because dan has been following the summit for us in johannesburg where kind of midway through the main day of the summit there was of course today the leaders of the world's leading developing economies have signed already a joint declaration of the summit and now well basically the talks between them is in full swing now to trade wars are definitely in focus here in johannesburg after all bricks were created the with the idea of being a counterbalance to traditional powerhouses economic powerhouses mainly the united states now trump's policy on trade has been very offensive he's been imposing the tariffs and threatening with tariffs and he has become sort of a tool a diplomatic tool in his hands so now we've already seen brics nations kind of bonding even closer together in the face of this new challenge that they're facing and the experts that we've talked to that i've talked to at the summit at this point the leaders of bricks are very clear that we will not be in

summit opened today in south africa bringing together the world's fast developing economies brazil russia india china and south africa this year's meeting is expected to focus on revitalizing africa's industrialization. more than six hundred migrants have crossed the border fence between morocco and spanish territory say c.-o. tough hoping to claim asylum some had to be treated for injuries after scrambling over the razor wire it's the biggest breach of the fence in over a year people who made it across are often deported back to northern africa and police in china say that a man with a firework device was behind an explosion at the u.s. embassy in the capital beijing today authorities have identified the suspect as twenty six year old from china's inner mongolia region and that the suspect was the only person injured the man's motive is currently unclear. a u.s. court set a deadline of today to reunite separated migrant children with their parents the department of homeland security claims that it is on track to comply but government figures show that out of two thousand five hundred children around

morgan stanley in two thousand and one he used to call them the bric nations and that was brazil russia india china and sub-saharan africa i think some of the emerging nations in sub-saharan africa is somewhere to look because of course there's a great percentage opportunity for growth and a lot of the the raw commodities which are more in demand now it's very interesting we did some the other day on australia which hasn't been in recession you know twenty five years or some but the youngest of any developed nation so our history went out so even the netherlands crazy crazy us i guess is pretty difficult to predict what's going on given the current circumstance. but you know what sort of trends do you see there in or does it leave it were you know i think of trade was on healthy but i think there's going to be an even ing out i think the one thing that's concerning globally in terms of inequality is the tremendous gap actually in skills skilled labor the good news is inequality actually is the lowest it's been since one thousand nine hundred one it pete forty four percent of the world was below the

dominated by donald trump's trade agenda it's the tenth summit of the bloc that consists of brazil russia india china and south africa where the meeting is taking place it was established to challenge the west's dominance of areas like trade with the member countries of struggle to establish a united force her has more from johannesburg. with the u.s. threatening to start a trade war countries like china looking for new alternative markets to buy and sell their products so what we see now in the past today certainly we saw in africa the chinese have been pumping a lot of money into the continent for example it's promising to give south africa fifteen billion dollars for infrastructure development projects we seeing the same in senegal and rwanda when the summit not likely going to see just come out and openly criticize. what they'll probably try to do is come out and see the united than ever before and not try to increase trade amongst themselves but the group has struggled over the years to try and become the formidable force it says it was going to be for example some of those countries like india

the leaders of brazil russia india china and south africa declaration in support of free trade at this summit in south africa more on that a little edge with the show first more world news. thank you babe let's get a of course talking about the brics exactly you're watching the news coming up ahead we take a look at prep the pill that is helping to stop the spread of its hiv aids when it's available but as the disease of the infection is on the rise again. and also coming up robyn metal will join me to talk about the rolling stones that's the good nick jagga has done seventy five that and more coming up shortly on the news say without it that. disappeared. people kidnapped tortured and murdered until nine hundred ninety six. victims and didn't want to mylan military dictatorship. their loved ones are still fighting to get justice for them. they're still. going to against forgetting. we make up over three quarters of our food to and out but to fight we all of the focus on. the want to shape the continent's future to be part of it and join youngsters as they share their stories their dre

opened today in south africa bringing together the world's fastest other pink economists brazil russia india china and south africa this year's meeting is expected to focus on revitalizing africa's industrialisation . or the six hundred migrants have crossed the border fence between morocco on the spanish territory of sweater hoping to claim asylum or somehow to be treated for injuries after scrambling over a razor wire it's the biggest breach of defense for more than a year of people who make it across often deported back to north africa. police in china say that amounted with what they described as a by work device was behind an explosion at the u.s. embassy in the capital beijing today authorities have identified the suspect as the twenty six year old from china's in a mongolia region they say that the suspect was the only person injured his merciful is currently unknown. this is d.w. news live from bali and still to come take a look at prep the poets helping to stop the spread of a child but where where it's available elsewhere the disease is on the rise again. now there is relief in europe af

south africa brics of course comprises the world's five leading developing economies that's brazil russia india china and south africa and given that china is now in broiled in a trade war with the united states it's fair to assume the president xi will deliver a robust defense of free trade and multilateralism which is something the brics believes in so he's going to be among allies and friends at brics africa has become hugely important to china it recently opened a military base in djibouti on the horn of africa where the united states also has a base china relies on african minerals to help fuel its economy and of course china is behind some of the biggest infrastructure projects in africa recently a new light rail system opened in nigeria that was paid for and built by china and of course china has hundreds or thousands of labor is in the country at the moment that's all helping china's g.d.p. but we are starting to see a push back especially in places like kenya and ghana a feeling that after the china is in a sense acting out of self interest and is becoming more and more like an economic colo

imposes tariffs on certain goods but it's still a strong post tariffs have given brazil russia india china and south africa more reason to increase trade cooperation between them it's also forced china the world's second largest economy after the united states to look for other markets to buy and sell its products china has been the most important trading partner with a u.s. so as u.s. to china on but now with those leading trade tension we can be certain that in the next few years the trade between those two countries will be heard for a wad along with a very volatile exchange rate market exchange market. for china to extend or to strengthen other relations are europe and africa would be as top choices because of the sheer shock sheer size of those markets brics leaders in south africa have suggested at another meeting be held where world players discuss the differences and perhaps prevent a global trade war for that to happen all parties have to agree to come to the table and try to find a balance between promoting national interests and those of the global community al-jazeera went to v

year's tenth anniversary brics summit each year the world's emerging economies comprising of brazil russia india china and south africa they all get together for three days. donna reports from johannesburg south africa where the summit is underway. heightened security swarms of journalists and lots of vehicles with diplomatic license plates this is pretty much the city of johannesburg right now the south african host city for the twenty teen breaks summit when bricks was formed like about a decade ago it was formed with the goal of the member states accelerating their own economic growth which are they are already implementing secondly they created the new development bank but also its main purpose has been to serve as a counterbalance to more traditional economic powerhouses mainly the united states now with the president donald trump in charge in the white house he's been quite trigger happy when it comes to starting trade wars so now it is believed the brics nations they will be first and foremost they will be bonding they will be banding together so to speak to support each other in these times of

leaders from brazil russia india china and south africa say they are united in fighting protectionism and promoting global trade is the first time presidents will.

the leaders of the five brix emerging economies of brazil russia india china and south africa are holding a summit in johannesburg. done off reports on taiwan. now thursday the main day of the bric summit was packed with action and of course to an extent you can use the word action in regard to a political summit well russia's president vladimir putin arriving early in the morning he kicked off his streak of face to face conversations with the south african president now that's way late into the night followed by a face to face with the chinese with his chinese counterparts and then all of that wrapped up with a tete a tete with india's prime minister now in between all of those talks of russia's president vladimir putin met with the leaders of other countries who are not part of the brics bloc among those was the argentinean leader and the turkish president recipe and putin's meeting with erdogan kind a hinted at the potential bromance the two leaders could be having. to do. such. kind of. to. look. for those who. remain. and. we're live in special times and with donald trump and the whi

has arrived at the annual gathering of the world's top emerging economies comprising of brazil russia india china and of course south africa. is at the summit in johannesburg right now we can cross live to him you go to day two of the summit how is it going. to. but well it is very present here in the chatter among the all of what's going on here in johannesburg and now it's today's day two it's the main day so to speak because yesterday was a business day and all the world leaders part of brakes were present today all of them are here in fact right now they're talking to each other for the first time this year as part of the block and indeed a lot of experts that i'm talking to here they are saying that well this year's summit could be something very new compared to what we have seen previous years and to discuss this now joined by a researcher for south africa and let me get this right for south african institute of international affairs law and. thank you so much for talking to me now could you please tell me why are you here why do you think it is important to be at this summit i think i just

protectionist measures taken by this president wanted to trump the five member nations that brazil russia india china and south africa also vowed. closer economic cooperation with one another six members represent more than forty percent of the global economy and despite that show of unity china and india have their own agendas in africa their leaders this it in several african countries on the sidelines of this year's conference checkbooks and investment promises in tow. while visiting uganda indian prime minister narendra modi promised a cancer therapy machine for a local hospital and new infrastructure loans he also chose his words carefully. our development partnership will be guided by your priorities. it will be on terms they will be comfortable for your potential. and not constrain your future. like uganda india was once a british colony it hopes that shared history can help bolster its foothold in africa indian companies have invested heavily in the continent for years. china has also poured money into africa largely in the form of development loans between two thousand and two thousand and f

delivered his speech at the annual gathering of the world's top emerging economies comprising brazil russia india china and south africa you don't have sent this report from johannesburg. this year's gathering will be quite unlike compared to anything that we've seen previously and that's mainly because you have to look basically out the goals that the brics countries are pursuing when the world's leading developing economies were of bonding together and they defined their goals as celebrating their own economic growth and the past few years have shown that the countries are very much committed to that also they formed a new global bank under the name of the new development bank one of the main goals is of course being serving as sort of a counterbalance to the more traditional economic powerhouses and mainly the united states since twenty sixteen in fact you have trump in charge in the white house and the past few years and even months have shown that he's very trigger happy when it comes to launching trade wars i mean look at what's happening in the you it is being targeted by the tariffs china a coo

the leaders of the five bricks emerging economies of brazil russia india china and south africa holding a summit in johannesburg artie's egos not enough reports on day one. now thursday the main day of the bric summit was packed with action and of course to an extent you can use the word action in regard to a political summit well russia's president vladimir putin arriving early in the morning he kicked off his streak of face to face conversations with the south african president now that's way late into the night followed by a face to face with the chinese with his chinese counterpart and then all of that wrapped up with. with india's prime minister now in between all of those talks of russia's president vladimir putin met with the leaders of other countries who are not part of the brics bloc among those was the argentinean leader and the turkish president recipe and putin's meeting with erdogan kind a hinted at the potential bromance the two leaders could be having. to do. such. kind of the feel to. look. for the. remains. were live in special times and with donald trump and the white

morgan stanley in two thousand and one he used to call them the bric nations and that was brazil russia india china and sub-saharan africa i think over the emerging nations in sub-saharan africa is somewhere to look because of course there's a great percentage opportunity for growth and a lot of the the real commodities which are more in demand now it's very interesting we did some the other day on australia which hasn't been in recession you know twenty five years or so but the youngest of any developed nation so our history really went out and even the netherlands crazy crazy us i guess is pretty difficult to predict what's going on given the current circumstance trade waiting for the but you know what sort of trends do you see there in or does it leave it were you know i think of trade was on healthy but i think there's going to be an even ing out i think the one thing that's concerning globally in terms of inequality is the tremendous gap actually in skills skilled labor the good news is inequality actually is the lowest it's been since one thousand nine hundred one it pete forty four percent o

president xi jinping brics is a grouping of the world's leading developing nations that's to say brazil russia india chinaand south africa and given that china is now in a trade war with the united states i think it's fair to assume that we're going to be hearing a robust defense of free trade a multi naturalism from president xi jinping and he will be among allies and friends at this summit because brics believes in exactly what china believes in right now and i think he's also going to be banging the drum for his his favored economic policy right now which is his one built one road initiative africa very much part of that those maritime and trade routes that china is trying to revitalize all over the world feature africa very prominently so the focus is going to be south africa but he will also be going to rwanda zennie girl and moorish us china has a an interesting policy when it comes to investment in africa doesn't it because it's not just a question of chinese firms going in for example mining minerals from the country it's also helping to invest in the infrastructure of the country as well as roads