among the new members is ethiopia, key to brics expansion in east africa.s china while its relations with the u.s. have been strengthened. from washington's perspective, ethiopia's inclusion along with 10 official applicants and 35 other countries expressing interest is likely a growing concern. any country that joins brics may ultimately have to decide whose side is on, which could be swayed by the next resident of the white house. such a large block could ramp up economic cooperation. it could also lead to less cohesion and potentially more conflicting interests. while russia and china might today appear to have the upper hand in shaping the future of the group, the u.s. and its allies will surely look to counter the gray clouds of what some see as an anti-western grouping. jennifer: let's dive deeper into the story with bloomberg's kenya bureau chief who joins us from a roby. -- nejra roby. -- nairobi. what are they hoping to achieve? >> well, it's the second sub-saharan african nation to join the group after south africa was admitted about 14 years ago.

today trump is threatening additional or tariffs on so-called bric countries, brazil, russia, india, to create a new standard on the economic market that would counter the power of the dollar. this is what trump had to say: the idea that the brics countries would try to move away from the dollar while we stand by and watch is over. we require a commitment from these countries they will neither create a new currency, nor back any other currency to replace the mighty u.s. dollar. a new tariff threat happening this afternoon. president biden has urged trump to tread carefully when it comes to tariffs. on thanksgiving bind told reporters he felt this could be counterproductive and could even hurt two close u.s. allies. we'll look to see if the president-elect has any response to that at some point over the next few days. anita? anita: yeah. and we'll look to see what former adversary might show up there next, mark. [laughter] >> anybody's guess, yeah. might at well just keep a camera outside and just be ready at any time. anita: there you go. mark meredith, live in west palm beach for us

i mean, i'm a bit obsessed with that, i talk about it all the time, but the c in brics is china, and the r is russia. there is an alternate collection of nations out there, if nigeria would to jump in, it would be brincs, it would be a big alliance with a president who is mostly settling scores, mostly attacking migrants in our own country, potentially collapsing our economy by upending the agricultural, construction industries, and then throwing tariffs in. let's talk about our own region. mexico, they have a new woman president. some countries are capable of electing a woman president. and she's now going to have to deal with trump. what does that mean if he starts trying to do mass deportation and mexico is there saying we're not helping you do that? >> i think that there's a lot -- >> and the tariffs against them. >> there's a lot of warning signs for mexico because he could throw tariffs on goods that are being manufactured in mexico, in violation of the free trade agreement that he himself negotiated and heralded as his great achievement in his first term, and then the mass dep

iran is now part of important regional and international alliances, such as the brics, and we hope thatident—elect will deal with iran, president—elect trump, and he's spoken about the need for peace — that is what he claims — he claims that he's not a president that wants to wage wars. this is hopeful, and we hope that keeping our dignity, considering the fact that the world knows that iran has the necessary means to defend itself, we hope that we could move along with negotiations, maybe a newjcpoa deal, keeping iran's stance, dignity, the right of the iranian nation to have access to means of defence, to nuclear technologies. these are issues which iran has been negotiating for many years now... with respect to how iran — hang on, again, let me ask a question — you just said you have hopes that president pezeshkian could oversee a renewal of thejcpoa — that is the nuclear agreement with the western powers, including the united states. donald trump is adamant that he won't go into that deal. he, after all, is the guy that walked away from that deal. but he also is the guy who points o

and look at the brics summit, he became more powerful, especially in his military industry.e sanctions influence in very painfully? no, sanctions are not enough. there are not enough sanctions in the banking sector, in the oil and gas sector, in the oil and gas sector, in the nuclearfuel sector. it's not enough, unfortunately. that's why when we hear from unfortunately. that's why when we hearfrom our unfortunately. that's why when we hear from our friends unfortunately. that's why when we hearfrom ourfriends who are helping us a lot, we see that some negotiations to stop, to freeze, it is impossible because putin doesn't want to freeze. he shows it every day that he would like us just to be killed. he doesn't want ukraine to exist. that's why when our friends will realise that putin doesn't want us to exist, then the strategy i hope will change and we will have everything on our front line, we will have everything from the sanction policy to defeat him, to show that democracy, also we should not only defend it, but we can fight altogether for democracy. and in this regard,

the sacrifice has been the mortar binding the brics of our shining city on the hill.m the mightiest to the most humble. you, o divine weaver of destinies, know intimately each thread in the tapestry of their lives, every name, every face, every firstborn. mrs. heller, you perceive the wombs both seen and unseen, the stars etched upon both body and soul your balm of comfort and develops those awaiting the return of those missing in action and those who have lost their love to the altar of liberty. your strength begins grief's relentless tight, benevolent creator we beseech your blessings upon the department of veterans affairs and organizations to champion our veterans because pray to extend your grace to the families and caregivers who walk alongside our heroes and guide the hands of those task with amending the wounds of war. finally, we ask that you bless each person here today with the strength to carry forward the torch of democracy. may we be found worthy of the legacy our veterans have entrusted to us by attending to the garden of freedom with vigilance and care

you could have seen 38 big, really big countries in kazan two weeks ago where there was a summit of bricsplomatically — with exception of uk, of course. 0n children, yes, one has finally to read what we are saying about children. there was one accusation invented by ukrainians — about 50,000 children are taken to russia. we have provided all kinds of explanation to un. yeah, mrambassador, idon't want to get stuck on that, because the point is, if vladimir putin... you mentioned children. ..if vladimir putin ever appears before the international criminal court, he'll have his chance to make his case, just as the prosecutors will have the chance to bring their evidence against him. but let's not get hung up on that, because that trial is not going to happen any time soon. the question for you, to end this interview, is what's the endgame for russia? because, as we've discussed, you right now control 18% of ukrainian territory. zelensky says there's no peace while that persists. you say that it's now russian sovereign territory. where... 0k. where is russia prepared to compromise? i don't th

washington dc, and i won't show you because i won't put that image on the world, but it's full ofjunk and brichere beside me. oh, you have my tables and chairs. oh, yes. yeah, exactly. alljoking aside, i mean, it's still so dramatic, isn't it? as president elect donald trump is putting together his team for his administration come january. and i suppose we'll just put a timestamp on when we're taping this. it's thursday the 21st of november. just coming up to 1:30 eastern time, because major news has just broken that donald trump's pick for attorney general, matt gaetz, has taken himself out of the running. yeah, it's pretty astonishing. and, kayla, i know that you have been following this all of the twists and turns. and here in our bbc programmes, we've been speaking to a number of members of congress on both sides of the aisle, but in particular republicans about the house ethics committee investigation into matt gaetz and whether that investigation should be released to the senate, and what was in this investigation. and it was fascinating to watch members of the ethics committee trying to

he's right the manifestation is always paid in wasted money and brics of cash on fire to get the influencerse right message never going to be the right message. if you spoke to the working class people like kamala harris should have done she would have a better chance. obviously you see from the video she's incapable of engaging with people at any meaningful level. it was a bizarre video but it was par for the course. maria: people want truth. they want sincerity and truth. i'll tell you the big loser, hollywood they lie to the fans in my opinion. >> there's something else going on when you lose you need be gracious and congratulate the person who beat you and then you need to disappear. hillary clinton made the same mistake she kept coming back and she sounded so bitter, when you lose quietly go away and get on with the rest of your life. maria: rain and snow could be slowly down the 80 million americans hitting the skies and roads ahead of thanksgiving, let's get a look at the thanksgiving eve forecast with marissa torres. >> today is relatively quiet, the evil before thanksgiving over the

brics, and russia is the r in bricks.hey are ascendant. >> yeah, well, when donald trump was president before, we saw that a centerpiece of his foreign policy was effectively dismantling the previous 80 years of u.s. foreign policy. we built up alliances, he sought to undermine the alliances. the biggest alliance, nato, he talked about pulling out of. we promoted democracy. they deleted the promotion of democracy from the state department website, and he instead kissed up to autocrats around the world. what we have heard from him in the intervening four years suggested that he's only going to double down on this. and that we're going to see more of the same behavior. so people in europe are deeply afraid of what this means. not just for ukraine but for the atlantic alliance, which has been the single most important stabilizing force on the planet earth since the end of world war ii. but allies in asia are also concerned. and there are others that are afraid. for example, the people in gaza who believe that trump is going

especially with other organizations like brics coming into idealization of our dollar currency. does that have anything to do with our dollar and do you think president trump can influence our trade? guest: are you just getting some help on some sort of term paper here? guest: we are going to need to schedule a second hour. [laughter] host: i'm just joking with you. happy birthday. we will get you some answers. guest: chris, thank you. we will schedule lunch and go through all of this. i will take maybe two of them. the russia-ukraine, i heard that. i think there is a core american interest in helping ukraine. i think the world is watching and if pyongyang, tehran, or beijing conclude america made a good show of it and lost interest, that is going to affect their perception of america and will increase the likelihood we will see aggression elsewhere, including in the taiwan straight. i think we would regret that. what happens in ukraine manners for europe and american interests there, but also elsewhere. i think we have a vital interest. we are spending less than 3% in security

so talking about these brics countries, brazil, russia, india, china, trying to find a way to counter dollar's power p. trump was saying any country that tried to gravitate towards that would face 100% tariff. we'll let you know as reaction continues to to pour n. alicia: mark meredith, good to see you. thank you. griff? griff: all right. for more on the trump transition, let's bring in our political panel. with us today, former chairman of the federal energy regulatory commission neil chatterjee and shareholder al noter. great to have you here, hope you had a great thanksgiving. let's dig in, as they see. and, neil, you saw in mark's reporting there the truth social from trump, the first thing he mentioned he and trudeau talked about was energy. what do you make of what you're seeing turning, you know, what's developing? >> yeah. look, he's got a focus on energy. i think his picks thus far for the key energy agencies, interior, doe, epa have been outstanding. i saw governor burgum was at the dinner, and i imagine energy is a central topic with canada. and i think this is the presiden

and much like president putin, who wasn't able to travel to steve angeli for the brics meeting, i thinke to travel to countries that are parties to the icc for fear of being arrested. >> you know, i wonder, and i don't know, but i don't recall seeing, evelyn, the international criminal court's blanket condemnation of the iranian regime and how it treats its people. i don't recall seeing the icc's statement on how the regime is systematically violating human rights. i don't recall the icc statement on the cuban regime that had 64 years of violations of human rights. i don't recall so many of this. is it that i just -- or how about the chinese regime's treatment of the uighurs? is it that i missed this? >> it's, well, it is clearly, as you are indicating, by your line of questioning, a selective prosecution. the icc commissioner and the head of the icc decided to proceed with this highly politically charged case, and again it doesn't appear that he has left sufficient time for a democracy to actually take matters into their own hands, and we don't know what evidence he has used from the g

president xi front and center in the g-20 photo and he joins brics. >> lawrence: this happening?e: he would would have been the first one on stage. >> brian: he would have left. >> lawrence: do you remember the famous video where donald trump was pushing out the rest of the world leaders to get into the front of the line? say whatever you want to say about him. this is embarrassing for our country. they ask for all this money for us, $4 billion by the way when we have kids struggling never major city and we can find money to give another country and not our own people, that's embarrassing as well. >> brian: got to see the amazon. someone has got to. >> steve: coming up on 7:20 in new york city. carley joins us with news about that trial that everybody is paying attention. to say. >> carley: that's right, steve. a fox news alert to get. to say in just hours testimony resumes in daniel penny's criminal trial for the chokehold death of jordan neely. penny's sister and a childhood friend both testified yesterday calling penny a calm and kind person. penny's legal team argues his deci

but as time goes by, i think if brics plus, the coalition, manages to stay together and increase their trade together and creates some other form of payment could replace the u.s. dollar in a credible way, that is likely to chip away from the demand of u.s. dollars in the medium to long-term. that obviously is going to reduce the value of the u.s. dollar. paul: maria, thank you some much for joining us. maria vassalou, head of pictet research institute. we appreciate getting a couple minutes of her time here. i don't know, s&p up 25%, at some point i feel like we have to talk about valuation here to earnings come in pretty solid, but are they solid enough to support this continued move higher in the market? that is a question i have for a lot of strategists. caroline: you know my obsession and role is to talk about technology. for me, the 22 for trade was the 2023 trade, nvidia -- the 2024 trade was the 2023 trade, nvidia. you have to look at the concentration in the customer base, how they go into the valuation, the most valuable company. but there are question marks about the ongoing

the first is to hedge by strengthening relationship with other countries, bric, global south partners to sort of provide a bit of bulwark and steadiness that they'll have in the united states. and they'll invest heavily in their defense and spend a lot of money on security. and at the same time i think they will be prepared to engage with president trump when and where he's interested in engaging and probably will probably want to engage directly with president xi and leader to leader action will color and inform the tone of the relationship going forward. >> thank you, ryan. turning again, to a challenge that the incoming trump administration will face immediately is the tightening alignment between russia and about north korea. there is news that north korea troops have died on the ukrainian battlefield and steps about military and technical cooperation that may be happening between russia and north korea. so i'd like to ask you, how is the region and rok in particular interpreting and reacting to these developments and to what extent is this renewed north korea-russia alignment shi

he was, by the way, the originator of brics, as i argue in that previous book, because was he was meeting with virtue of gandhi and with the chinese and saying, how about we do trying go in, bring even brazil into this? this was after tiananmen. maybe they'll maybe they'll be interest anyway. but nobody soviet leadership, nobody wanted leadership. and so in the end, gorbachev, with his whole idea of common european home the rocks soviet global global influence sort of collapsed saying he was looking a home to anchor the soviet union in. and he thought well naito perhaps need it if nothing else is going to work and perhaps naito is going to work. and so he made proposal to a baker when baker met in may 1990 and he made it repeatedly. we can see from the record of conversation, baker of i won't say ignored it, but didn't really say anything to it, which is very interesting. now i did not have not considered the american records in great detail and i wonder what the american reaction to this was. but clearly from the soviet perspective, it was an important thing because they wanted to have a

the first is to hedge by strengthening relationship with other countries, bric, global south partners to sort of provide a bit of bulwark and steadiness that they'll have in the united states. and they'll invest heavily in their defense and spend a lot of money on security. and at the same time i think they will be prepared to engage with president trump when and where he's interested in engaging and probably will probably want to engage directly with president xi and leader to leader action will color and inform the tone of the relationship going forward. >> thank you, ryan. turning again, to a challenge that the incoming trump administration will face immediately is the tightening alignment between russia and about north korea. there is news that north korea troops have died on the ukrainian battlefield and steps about military and technical cooperation that may be happening between russia and north korea. so i'd like to ask you, how is the region and rok in particular interpreting and reacting to these developments and to what extent is this renewed north korea-russia alignment shi

especially with other organizations like brics coming into idealization of our dollar currency.that have anything to do with our dollar and do you think president trump can influence our trade? guest: are you just getting some help on some sort of term paper here? guest: we are going to need to schedule a second hour. [laughter] host: i'm just joking with you. happy birthday. we will get you some answers. guest: chris, thank you. we will schedule lunch and go through all of this. i will take maybe two of them. the russia-ukraine, i heard that. i think there is a core american interest in helping ukraine. i think the world is watching and if pyongyang, tehran, or beijing conclude america made a good show of it and lost interest, that is going to affect their perception of america and will increase the likelihood we will see aggression elsewhere, including in the taiwan straight. i think we would regret that. what happens in ukraine manners for europe and american interests there, but also elsewhere. i think we have a vital interest. we are spending less than 3% in security helpin

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