that this process needs more time, in the current situation, it should be a member of the brics development bank, one of the countries that pursues acceptance into the entire brics institution in the long term. short-term arrival and their priority putting admission in that institution of development development in the grave that membership in this bank can provide the necessary funds to solve the infrastructure works of the country , the new development bank or andy without membership in this bank can give us the possibility that considering that in the years recently, with many problems in attracting resources to invest in the field of infrastructure and sustainable development, iran's request to become a member of the bts group and the new development bank is being pursued, and according to the minister of foreign affairs of our country, it has been welcomed by the main members of the silk. mostafa mohebi of sada news agency sima, greetings to you, dear and respected viewers, and as you saw in the report, the economic dimension of the fars aftabeh international economic expert summit , welcom

the brics bank will replace the western nine in relation to development . russia, china and brazil have already taken significant practical measures to reduce the use of the dollar . the closing of these measures at the brit level can increase the speed of the dollar. radio news agency and the fight against american hegemony . it was formed for a purpose rahim, hello, i would like to serve you, dear viewers, in 2001, an idea was formed that why the german dollar should dominate the economy and monetary and banking issues in the world without a rival and unilaterally and multilaterally. arum barun chahar the founding country of this group was called the group of no one, they gathered together and the main focus of this group was defined on the basis of monetary, banking and financial issues with a global scope. in 2009 , this group officially existed in 2010 to 5 people and in two of 2011, structured with number x with the presence of 5 countries in the field of economics monetary and banking issues are actually a type of symbolization for new regimes in the

, the president's invitation to this meeting will go on wednesday, and iran's membership in the brics bank is on the table. in this meeting , the bank published the first securities issued yesterday . good morning. greetings and courtesy to you, dear viewers. thank you very much for your service. please tell me what is the importance of brics membership and how much membership in brics bank can bring iran closer to becoming a member of the influential group . economic membership in dealing with the nature this group is made up of the world's emerging economies, which are russia, china, and south africa . it was created in 2009 with a common goal of taking one year for the united states in the case of the development bank. it has financial and credit importance in the monetary and financial system of the world, and so far in the infrastructure areas in the target markets of these countries, it has made investments that it can have for us, considering the nature of the goals that the common members are pursuing independently. are from a unipolar system and unilateralism the world is focused

congratulations, we have a collection called the brics development bank. the attractiveness of the brics development bank for the countries of the united nations is as much as argentina, which previously received a loan from the world bank at the request of one of the brics development bank. do it because the refund conditions and the things in the qur'an are more different than those mentioned by the world bank cooperative development bank in the field of energy, considering both iran , saudi arabia and algeria , they are on the page of joining, except for the energy club. increases, of course, before the russian federation was also part of the main club, but now it finds more important relations gateway to fulfill the commitment and said that the management is only an economic organization to develop political and social relations . the infrastructures between we and saudi arabia are ahead in west asia. it is better to predict that the slogan of this year's summit in 2023 is inclusive development based on multilateralism , multilateralism and rapid develo

brics bank replaces western institutions in relation to the development will be brics bank president russia, the kurdish university , is one of the focus points of the brics group, which will help the de-dollarization and infrastructure development of the member countries. acceptance in the whole organization follows brics in the short term, coming and leaving acceptance in that development institution, the development bank, membership in this bank can afford the necessary funds to solve the shortages and castes of the country's infrastructure , the new development bank or membership in this bank can be we give the possibility that according to that in in recent years, there have been many problems in attracting resources for investing in the development of infrastructure and sustainable development. you have access to these resources . mostafa mohebi of the sda news agency. dr. abshanas, you are very welcome, the voice of your special news conversation, dear viewers, welcome to all my dear compatriots, let's see, we must pay attention to the fact that many in the last few years thoug

china wants to have a brics bank. they wants to have a brics bank. a show or will they have substantial to show after the meeting is? everyone is watching closely. meeting is? everyone is watching closel . ~ , meeting is? everyone is watching closel. , . ., ., ., closely. absolutely. what one of the key concerns — closely. absolutely. what one of the key concerns is _ closely. absolutely. what one of the key concerns is that _ closely. absolutely. what one of the key concerns is that expansion i closely. absolutely. what one of the key concerns is that expansion could come at the cost of cohesion. we know the bigger these cohesion is get, they have disparate opinions on how things should be handled. is there a danger that expanding beyond those original members starts to lose the entire focus of why they are a group in? it lose the entire focus of why they are a group in?— lose the entire focus of why they are a group in? it is important to remember _ are a group in? it is important to remember that _ are a group in? it is important to remember that

or opposite in front of the world bank for many years . called the national currency reserve fund, including the 29 countries that have now officially applied for bricsbership and the five main countries and south africa's invitation today of the leaders of around 70 countries to attend this summit has created a new area that provides a new breathing space. in monetary, banking, financial and economic fields the world is in the process of being formed, paying attention to this space and gender that is being formed, and in the coming years , the main financial and economic structure of the world will definitely be a main foundation of milk, one of the issues that will definitely attract the attention of all the countries of the world in the coming years. he will be busy, i want to ask safarnajad, we said love and goals, in the future, that is, the vision of the future , i want to know how successful he has been so far, how much his goals have been achieved . if we consider 30% of gross production more than 30 the percentage of gross national product is done by the main members of this group, if you are in g7 , the seven industrialized countries of kar

that this process needs more time, in the current situation, it should be a member of the brics development bank , one of the countries that are following the discussion of admission to the entire brics institution in the short term, and their priority is to be accepted into it. the establishment and development of the development bank in qabri, which can provide the necessary funds to solve the infrastructure works of the country, the new game or membership in this bank can give us the possibility that considering that in recent years, with many problems in attracting resources for development investment infrastructure and sustainable development, did you get access to these sources, iran's request for membership in the bts group and the new development bank is being pursued, and according to the minister of foreign affairs of our country , it has also been welcomed by the main brics members. well, mr. hadizadeh left the month, and together with you , you saw how much management can be in the heart. we wish it to be that way. they sometimes ask the british foreign minister about a song it happe

the brics bank will replace western institutions in relation to development .dollarization and development of the infrastructure of the member countries will help, according to experts, in addition to pursuing membership in the brics group , you will also seek membership in the brics development bank. coming short term and prioritizing admission in it the establishment and development of the development bank in the grave, which membership in this bank can provide the funds necessary to solve the infrastructure works of the country, providing the new development bank or membership in this bank can give us the possibility that considering that in recent years , many problems in attracting resources to invest in the field of infrastructure and sustainable development, you were able to get access to these resources, mustafa mohebi of sed and sima news agency, which you mentioned , the guests of this program are the guests of this program, emad abshanas and jamal , dr. ruholah modbar , i am one of the experts in the international field, i hope that the discussion wi

the brics bank will replace institutions related to development. russia, china and brazil have so far taken significant practical measures to reduce the use of the dollar, according to the ministry of finance. currently, 70% of russia and china's commercial exchanges are done with greece and rome. these actions at the british level can increase the speed of dollarization and the iron smelting of sed and sima news agency baba ghafar . structuring has the power to create rules it is new. previously, when there was talk about the synergy of independent international actors against the existing economic structure, this was an abstract transitional issue . today, it has become an objective and concrete report, and it is definitely a step that the islamic republic of iran takes in the path of completing the system for the benefit of the country's national interests. and it will also benefit the international system. in the name of the beautiful lord who created and the beauty of god, the friend of god, rahman al-rahim. with greetings to the respected vie

borrower of the world bank and the international monetary fund , have requested a loan from the brics bank. loan from the bank bix, why is it that even though the world dictates the financial policies of the westerners and when they give loans to countries, the country is in debt, this is the direction of their development , besides the fact that westerners do not support any country in the field of infrastructure and knowledge-based exchanges. but on the contrary, this year's slogan has been to support accelerated sustainable development and multilateralism. this bank has played an effective role and has been able to provide important assistance in this regard based on knowledge . you went to the problem of the problem the important thing that makes the international organizations that were created in the west of america during the neo-colonial period and the politicization of the pressure on other countries is to go in a direction that is attractive to the opinion of someone who is less than ten or fifteen years old in tunisia on the most important issue of the economy in the system. it

the brics bank issued its first bond with the south african rand currency . first auction of his bonds the value of 77.910 million dollars, the central bank was established in july 2014 with the aim of financing sustainable development infrastructure projects in member countries and developing countries in general. the summit of the brics countries is scheduled to be held in south africa from tomorrow. iran , algeria, argentina, egypt, indonesia, saudi arabia, turkey , the united arab emirates and many other countries are on the verge of joining this economic group. currently , the five brics countries are about 31.5 percent. of global gdp have while share the g7 countries are less than 30%. dear viewers, as you can see in the picture, the president and the government delegation attended the holy shrine of imam khomeini, may god bless him and grant him peace, on the eve of the government week with the ideals of the founder of the islamic republic of iran, imam khomeini, may god have mercy on him. they renewed their covenant the fortune-telling of the pictures

summit, the point and common point between the central bank is a very important achievement in the organization and the brics agreement, because in the conditions that this bank is doing for the development of countries, creating infrastructures and financial institutions, it is interesting that some countries like argentina, which are now requesting loans from the world bank and the international monetary fund, are in line to receive loans from the bank regarding the kurds of egypt. from bix bank, why, because of the world bank's policies he dictates finance and westerners and when they give loans to countries , the country becomes in debt, that side says it becomes debtors, and there is no movement in the field of their development . on the contrary, this year's slogan is about supporting the rapid sustainable development and multilateralism of this bank has played an effective role and has been able to make important contributions, especially based on knowledge . an important issue that it causes the international organizations that were created by the west of america in the period of neo-colonialism and

president, abandoning the dollar the title of global currency is an important and irreversible step brics bank will replace western cities in relation to development, putin said, the purchasing power of the brics member countries is greater than the purchasing power of the week's tomatoes, and the cooperation between the member countries of this group will be a reward for the world's economy, the crisis in nigeria, france's access to the country 's uranium mines. 70% of france's electricity is supplied by nuclear energy. the military coup in the african country of niger has exposed france's dependence on uranium more than ever . france obtains an important part of the uranium needed for its reactors from niger. supply now the question raised in the political and media circles is whether the coup in france will face the crisis of uranium and energy shortage. france's nuclear buildings will be built from mines in order to be supplied. in this situation, france must find a solution for these shortages. as the poorest african country, it has important and large uranium mines, more than 25 % of eur

it was south africa with the brics banking system. the financial problems of the members can be solved, and hey, one dollar will end, the end of the unipolar system is near . the russian president said that dollarization is a reversible process in a video conference speech at the meeting . the vice president was ahead the president of south africa also said that reducing dependence on the dollar is at the forefront of the global discourse , one of the main axes of this group's per capita meeting. in the name of god, i greet you, dear viewers, first of all, let's talk about the temperature situation in the last 24 hours, and it was reported that mehran and dehlran were the hottest places in the country with a maximum temperature of 49 degrees and it was cool. the most tulip spot in kerman province with a minimum temperature of 90 degrees reported among the centers of the provinces, ahvaz is the warmest with a maximum temperature of 47 degrees and ardabil with a minimum temperature of 14 degrees is the most edible center of the province

he added that the financial problems of the members of this group can be solved with the brics bankingtem, and also the dollar, according to the president of brazil, the end of the unipolar system is near, the process is irreversible. the conference in the tabriz meeting also said that the economy of the brics countries in terms of purchasing power equality has reached the level of the group of 7. the vice president of south africa also reduced dependence on the dollar in the forefront of the global discourse and is one of the main axes of the meeting of the leaders of this group . joint money plan two the main focus of this year's meeting is brics per capita. two weeks after the fire in hawaii, the fate of at least 1,100 residents is unknown. at least 115 in hawaii

at the brics summit in south africa, lula da silva added that there are problems with the brics banking system. finance members of this the group can be resolved and the dollar will also end, according to the president of brazil, the end of the unipolar system is near. the president of russia also said that it is in an irreversible process. in a video conference speech at the meeting, he also said that the economy of brics countries in terms of purchasing power parity from the group of seven, the vice president of south africa said that the reduction of dependence on the dollar is at the forefront of the global discourse and is one of the main axes of the meeting of the leaders of the group . the meeting of the brics group will be held in south africa. checkpoints and patrols by the supporters of the military council in the middle of the capital of niger, the activation of al jazeera channel 10, announced that the supporters of the deposed president mohammad bazoum consider these measures a threat to national unity. waking up in the morning , the fans of the world army are in the ambush

currently, the brics bank is in common. we are going to use local currencies and a common currency, which is why iran's membership in this group can be an effective step to counter the unilateral sanctions of the united states . they will have another bilateral meeting with the heads of the country. several other meetings have been prepared for mr. president until the end of tonight, and probably at the end of this evening at jans burger time, mr. president will leave for tehran after a busy working day. and after the ten hour flight to tehran tomorrow morning the president will be in tehran . thank you, amir shayan mehr, a reporter for the bix summit. mehran border on the second of shahrivar 1402, the field reports of sending pilgrims to the border of mehran, the number of pilgrims at this border crossing has increased since yesterday, and the traffic has been accused of slowing down, much more than in tamrchin bashmaq and khosravi. pilgrims are also satisfied with the crowded border of mehran the way i came, the relations

in my opinion, in the short term, the brics development bank is currently accepting 22 billion dollarsm sellers because it is currently accepting projects. done for us issues like people are playing games, how should you complete the national bank, but after this time , both investment and facilities through the project development bank there are independent, the price of scooter wheels , the issues that he is involved with now, mr. ghaffari , think about how close we can be. for this to happen, it means that they themselves are congratulated because they themselves say that they are in front of the europeans, or as mr. qanat said , i will take it in parallel with the group of 7 and the international monetary fund , which is a corresponding institution. how much do you think these countries can do with all new members back this goal in order to create a balance for the people, to create an audience, well, here we have two categories, a textual category and a metatextual category . mr. dr. qanadzadeh mentioned brics in relation to other similar structures that may be in mind, such as th

china wants to have a brics bank. they want to replace the us dollar.ern that won't happen. what this just be a show or will they have substantial to show after the meeting is? everyone is watching closely. absolutely. one of the key concerns is that expansion could come at the cost of cohesion. we know the bigger these cohesion is get, they have disparate opinions on how things should be handled. is there a danger that expanding beyond those original members starts to lose the entire focus of why they are a grouping? it is important to remember that this was originally a term coined by goldman sachs. now it has taken off. this is a disparate group to begin with and it is difficult to get any sort of cohesion. expanding to further countries would mean it would may be in name only. it would be very difficult to get all these different countries, with various interests, to come together under china. xijinping wants to show that he is a leader of the global south. this is an important signalfor him and at the same time, india is hosting the g20 and they wa

that countries have more chances to join and there are compatible institutions such as the brics development bank, the internal explanation is simpler, and the founders of brics pay more attention to the entry of members into these mechanisms regarding banking and monetary affairs. the foreign country continues while welcoming the initiatives of all countries to resolve the issue of prisoner exchange between iran and the united states, he said that the exchange of messages through qatar continued and we have announced that we will implement the exchange of prisoners within the agreed framework . he called iran illegal and pointing out that they are proud to deal with unilateral sanctions from iblis, he said that iran's membership in tabriz is considering the iran summit on this prospect of partnership and cooperation with the presence of brics representatives and members in tehran. authorities and the surprise of the brics member countries, including india, china, brazil, russia, and south africa, together with safra, should use foreign houses residing in tehran in this big conference . kurd and

the process needs more time in the conditions currently, it should be a member of the brics development banke of the countries that in the long term is following the discussion of acceptance into the entire brics institution. in the short term, coming and leaving its identity to be accepted into that development institution , the development bank can provide the necessary funds to address the following shortages and castes. the creation of a new development bank or membership in this bank in recent years , there have been many problems in attracting investment resources, infrastructure development, and sustainable development, in order to reconcile the resources, iran's request to become a member of the bts group and the new development bank is being pursued. according to the minister of foreign affairs of our country the main members of brics have been welcomed by mustafa mohebi of the sedav and sima news agency. the meeting of the government board on the eve of the government week is a meeting to present the performance report of mardan's government. i would like to say that your presence

international monetary fund, and on the other hand, they form the new development bank, which was established in 2017. lending through the brics development bank will increase yafet and this bank will act as an alternative to the world bank and the international monetary fund. another issue that is particularly important is the effort of these countries to trade with each other using their own currency, and now they are trying to weaken the west. he says that 810 the pulse of the world's economic markets and political structures is in his hands, we are facing a decrease in the amount of cold production and a decrease in our share in global exchanges. it is international, including western structures the international monetary fund and the world bank do not have the necessary legitimacy, and the western institutions that say they will play an increasing role in international affairs, perhaps this situation in many ways raises their shoulders here and does not know what to do. the basis of the new currency will work. it has become difficult for the heart to return. the statistics show that the brics group's share of the world's

the importance of the brics bank, the new development bank based in china and headed by dilma roussefferms of breaking the stranglehold or the monopoly, groups like the imf and the world bank have on international finance? >> it is important when we start looking at the new development bank to understand what the development regime has been since 1944, since the meeting with international monetary fund and the world bank were created. the imf had pretty interesting origins. by the 1970's, have been running a very narrow policy space kind of program which is just say they were offering countries struggling to break out of the shackles of colonialism. they were offering them debt. this debt was being offered in a very narrow way. it was being offered basically to build, you know, to continue to allow an economy of export of raw materials and products largely from the west at the time. what this structural adjustment program allowed the imf to do in many of these poor countries is force the countries to cut back on spending for education, health care, and so on, only built up the economy

in the current situation, membership in the brics development bank is one of the countries that in the long run will be accepted into the whole . they follow the brics institution in the short term their coming and priority to be accepted in that institution and the development of that bank, membership in this bank can provide the necessary funds to solve the country's infrastructural works, the new game or membership in this bank can give us the possibility that considering that in the years recently, with many problems in attracting resources to invest in the development of infrastructure and sustainable development, you have access to these resources . iran's request for membership in the bts group and the new development bank is being pursued and according to the minister of foreign affairs of our country, it is welcomed by the members. mostafa mohebi has been placed in the main position sed and sima news agency, the meeting of the government delegation on the eve of the government week, the meeting to present the report on the performance of the ministers of the oil minister, to r

exclusive report from jahanpour said that this group will increase for loans through the brics development bank, and this bank will be an alternative option . it will act against the world bank and the international monetary fund . another issue that is particularly important is the effort of these countries to trade with each other using their own currency. did this union follow reducing the use of the us dollar and reducing the influence of the us in international trade through the new development bank, which has its office in shanghai, china , is considering a plan based on which loans will be given in us dollars brics summit on the russian network rasha today he also had an account and this network talked with economic expert abu saidi, the economic growth of the members, the joining of new members will act as a speeding factor for the signing of memorandums of understanding of the economic company and the continuation of the economic development . talk with experts to examine the consequences of expansion simast, the vice president of the new development bank, said that the ticket of this

bank, which was established in 2017 . he revealed more than before that this group will increase for granting loans through the brics development bank, and this bank will act as an alternative to the world bank and the international monetary fund. another issue that is particularly important is the efforts of these countries to means of commercial exchange together with use it is from their own currency, and now makran says about the weakening of the west that 810 pulses of the world's economic markets and political structures are in his hands . and this is the result of the presence of new great powers in the international arena. western structures such as the international monetary fund and the world bank do not have the necessary legitimacy, and its western proposals, turk makro says , will play an increasing role in international affairs . shahin shad is very happy. somehow your shoulders here it raises and does not know what it did. it will work on a new horizontal basis . it is difficult for the heart to return . the brics group currently accounts for 31.5 percent of the world's gdp, compared to the us-led group of 7 with

center of journalists said that this group will be increased for granting loans through the brics development bankd this bank will act as an alternative to the world bank and the international monetary fund. another issue that is particularly important these countries are trying to do business with each other using their own currency . the british bbc tv channel announced the de-dollarization as the main agenda of the french ticket . international through the new development bank, whose office is in shanghai, china , is considering a plan based on which roofs will be given with us dollars. another economic growth of the members, the joining of new members will act as an acceleration factor for the signing of memorandums of economic enterprise and the continuation of economic development. cpn china tv, in various reports and discussions with experts, will examine the consequences of the expansion of the ticket payment of the new ticket development bank. he said to this network, increasing economies it is emerging to have a louder and stronger voice in global issues. it is becoming a permanent actor

the brics is an alternative and it is attracting a lot of interest because of that. nick: tell us about the new development banknd the plans to land using the home country's currency of brics members. einar: it is not theoretical anymore. just before the -- what this does is puts bonds out in the currency and takes enormous pressure of the country. they do not have to worry about what will happen to the dollar. if you are investing money from outside of south africa and buying brand bonds, you have to worry about it, but it transfers the risk to those who are more capable of doing it. investors can pitch their positions, but people trying to make money are generally in a lesser position. the fact that the rand bonds were oversubscribed many times and then hit above their target bodes well, but there will have to be more than just one bond issuance. they are going to have to have markets with a catalyst. within the grouping, you have uad, which would be happy to garner some of their business. obviously, china can do part of it, there is a long way to go before the dollarization. that is far-off, at this whole is

but these institutions and structures of the brics development bank is easier to say, and the founders of the management pay more attention to the entry of members into these financial and financial mechanisms . america also said that the exchange of messages through oman and qatar continues and we announced that we will implement the exchange of prisoners within the framework of the agreement . the chairman of the brics summit called unilateral sanctions against iran illegal, mr. gul esteghlal, pointing out that brics members proudly with sanctions they are confronting unilaterally, he said that iran's membership is under consideration. the iran summit and the prospect of partnership and cooperation started this morning with the presence of the representatives of the brics group in tehran . the ambassadors and diplomats of foreign embassies residing in tehran are present at this conference. in this meeting, the deputy of diplomacy of the ministry of foreign affairs emphasized the use of bilateral capacities between iran and brics member countries, the second suicide in a week in the a

remove the monopoly of the united states and the american banks, the federal reserve of the united states government. yes, this summit is the size of brics conditions in many countries are waiting for membership in biz and at least the national bank . why is there so much desire to join brics in the world? and the percentage of the world economy belongs to the first economy in the world . they are the main members. the founders of brics are looking for an international world . and the united states, so considering these main powers and also the political differences that exist in the world , thank you for being a member. thank you for being able to talk in today's world . in bad days, at the same time as the brics meeting is held , we will talk more about this story and this meeting. paying the occupied territories half in one counter operation a zionist was killed near al-kali in the west bank of a settlement and 5 other people were injured. another one of the injured was declared to be serious . the shooting was carried out in the south of hebron in the kirya arde region and was carried out from a fast moving car. the perpetrators of t

these help in safe and convenient bank transfers among the brics member countries. the total number is five countries that were, today's country is 11 republics. with these 11 countries, we have the possibility of islamic iran have a better financial and banking exchange that you can avoid the full effect of the sanctions, or for example, the full tithe will be ineffective. these innumerable claims are running out of time . i have to confirm the fact here. to work with brics, shanghai, asia, america, and africa, what should we do to be a balance tool and this helps , we mentioned the position of the mother of brics in saudi arabia to the 13th government. we will come and see the membership in shanghai we are seeing brics, we are seeing the resumption of relations, we are actually seeing the entanglement of iran's economy with other countries, we are seeing how the government was able to create momentum, and how do you evaluate this policy? and it is not the west. it is not important that we do not see the world as limited to the west and the united states. the trend

it issued its first bond under the name of south african currency run , the new development bank of the bricsonsisting of brazil, russia , china and south africa after the release these bonds are the first auction of their own bonds worth 79, 77 and 90 million dollars from the bank on july 20, 2014 with the aim of financing infrastructure projects and sustainable development in member countries and developing countries in general. the bank was established since its own establishment is thirty-three and two-tenths billion dollars 98 infrastructure projects have helped the summit of the brics countries is scheduled to be held in south africa from tomorrow, iran , argentina, indonesia, saudi arabia, turkey, the united arab emirates and many other countries are on the verge of joining this economic group . 5 percent of the global gdp was allocated to themselves, while the share of the g7 countries is less than 30 percent. in this regard , donald trump revealed in an interview that the united states is not only no longer a superpower, but is heading towards hell and the global decline of the econo

we believe the countries are the ones which entered the development bank which is the bric alternativethe world bank. egypt, the uae and bangladesh. there has been suggestion of saudi arabia joining. that would be a massive surprise. it would hit the dollar because of the saudi pricing in non-dollar pricing would emerge. i think that is a bridge too far. >> over the last year and a half, obviously russia's role has changed dramatically. not attend iting the summit. how has that changed the alliance with the war with russia and ukraine and tensions which erupted with russia and the west? >> very tricky question, indeed. i don't know. vladimir putin is not there and that may be a challenge today. it focused more on the china role in the global economy. i think talking about other currencies in the way the brics currency today. they like to push that ahead from the position of strength. here we are with china and how they stimulate under pressure. that is not a great environment to talk about currency with the brics. >> if you were a non-china country in brics, what advantage do you get f

in this respect, the new development bank established by brics countries in 2015 is leading the way. >> the president of south africa, hosts of this summit. for the analysis, we would join earlier by the fellow of the international economy at the council of foreign relations. i asked about the potential expansion of the bloc. >> as a grouping, it has always been a loose or non-formal partnership, not a formal alliance. on the other hand, as a group, the countries have always been open to the potential of expansion. finally, the new development has already expanded including countries like egypt. from that point of view, the potential about expansion is not surprising. >> does the situation in ukraine pose a big problem? obviously, vladimir putin with war crimes allegations hanging over him, had an arrest warrant, unable to attend. if he had attended, south africa would have been obliged to arrest him. xi jinping not coming to the event, perhaps in support of vladimir putin. what is your reading of the situation? >> this is actually the second time that xi jinping stepped out of china

bank mrs. rasa who met before the president of brazil and requested we want you to become a member of this gang, well, congratulations, with your entry into brics, you will make it easier to enter this bank. the number is 250 million dollars. the number is to enter the lady. she immediately said that we are eager for training . we have sent rosh to come to iran soon and about this issue what is the fastest way to become a member of akhreh islamic bank? if you become a member here, you can benefit from the financial benefits here, from the finance benefits here , and you can finance your projects under this cover . finally, what can you do with one billion billion? it will come into play and implement your projects now there are four countries from the country, in addition to bangladesh and egypt , it invested like one billion dollars, and bangladesh has invested 750 million dollars with the membership of the new countries of saudi arabia, the united arab emirates , iran, and we immediately requested to enter this collection, and this can be useful in the future for the projects. we and can from it you can use it to finance projects. we can use

safer and easier bank transfers between the brics member countries with the same number as there are now, the five countries that used to be used today, eleven countries, namely the mother of the islamic republic of iran, with these 11 countries , we have the possibility to have a better financial and banking exchange. that the sanctions have full effect let's go around or, for example, a complete embargo will be ineffective. this is some of their claims. time is in reality . i will confirm the balanced and intelligent foreign policy of the 13th government. we should work with brics, shanghai, asia, america and africa . let's work, it won't open until 12 hours, and this will help the status of the brics mother . we see economic problems, in fact, economic entanglement with other countries, we are seeing how the tunstein government creates momentum, and how do you evaluate this policy? the 13th government realized very well that the global trend is not dependent on america and the west. it is not important that we limit the world to the west and the united states. let's not see the wo

question is the single currency. only china starts there, because where is the new development bank , the so-called bricswas created to finance these brics countries. it is located in shanghai, china, so what will be the single currency of this organization and what other currency will it compete with this new created single currency of the horizon. within the framework of brics, it will undoubtedly be a yuan and it will compete with the dollar. here is where dealization is. here is a multipolar world with political issues. here we get the full picture. this is brics with the addition of others. letters in the abbreviation. they want to confront the western world. will it be a greater power of the western world? this is the same strategic idea. this is exactly the idea of ​​bringing as many developing countries as possible that have the potential for further development in order to equalize the potential of western countries. if you have equalized potential, then - to others , your political voice is heard on other international platforms, including the un, in the current american ones, as they consider

the world bank and the international monetary fund brics member countries should leave, why are they for this cock? it is very important to look for absolute non-dependence in the economic field with europe, not that we cut ties with all countries, but the arrogant attitude of these countries has caused that in fact the southern countries in 2001 decided to do this. the countries of brazil, china, russia, and then south africa, this international institution, in front of the economic liberalism of the world, why is the arrogant view in the countries of the south because of this work , they have always been weak in the economic field ? to the opinion you understand that they are not in conflict with the united states. these countries that are open now are in the middle of the pizza and are placed next to iran . you can do your service. for example, the economy of europe, the economy of the united states, i think we should be careful together. it is that the political liquor has a political dependence on the system and liberalism. if the countries of america and europe do not have it,

brazilian president temer rousseff, now serving as the president of the new development bank, which was established by brics is to increase the proportion within five years. we what 30% of ndb transactions to be settled in local currencies. to do this, as i said earlier, there are two initiatives. issuing local currency bonds and at the same time raising funds of local currencies. what are the consequences? for example in the future, cases of serious consequences such as debt crisis can be avoided amid exchange rate fluctuations and developing countries will no longer experience debt surges caused by u.s. rate changes. amy: patrick bond, if you could respond to president rousseff? then talk beyond economics. >> i think what dilma rousseff is hinting, but in a careful way, illustrating these power relations, if you are doing develop meant projects, you should not be borrowing in u.s. dollars. her objective is to move that 22% of local to 30% by 2030. we think that is too little, too late. at the critical point is one of the controversies is whether the brics development that has to speak to the new york cred

brics. there. now china's central bank has unexpectedly cut interest rates as it ramps up stimulus to support the weakening economy. that's after a slew of weak data for july. and for more, we're joined by bloomberg's mark cranfield and on our live team, mark, there's been plenty of action with china's yuan. what's going on there? yeah, just when traders had given up on the idea that china was going to lower any interest rates, they've been been betting on it for for quite a while. and the week when they all go quiet on it, suddenly china surprises everybody and does, by their standards, quite a decent sized cut in the minimum lending facility. the one year rate was dropped by 15 basis points, which was came as a complete surprise because the majority of economists thought there'd be no change again today. and then they followed it by lowering the seven day repo rate as well. so pretty significant. and that lit a fire under dollar yuan that leapt higher. highest it's been all this year going back into last year as well. and that's triggered across moves across several other asian currencies as well. but it

and discounts of others, so we will also follow our development bank, this is such a financial institution, a financial instrument of the brics, and they said about the possibility of dollarization in this format , the details of how it will be are not disclosed yet, but literally a month ago, this new development bank suspended all new investment projects in russia are due to sanctions, that is, not everything is like that, i want russia. although it is the country that founded this format, let's just say that it will pull the blanket over itself . yes, who will play the role of the first violin because it seems to me that the interests of china and the interests of russia and now go a little on their own paths, and maybe they don't always cross these roads , really china has become interested only in its own roads in its initiatives in its national interests china is always china, china is only china, and at the moment what they are commenting on, let's say experts, they say that a cold war has started against a population of one and four billion for such humiliation, so china is forced to move in the direction of, let's sa

brics. in the short term, coming and leaving acceptance in that development institution, that development bank in a grave that can bear the necessary funds to solve the infrastructural deficits of the country. the new development bank or membership in this bank can be given to us. give the possibility to access these resources in recent years with many problems in attracting resources for the repair of infrastructure development and sustainable development. and according to the minister of foreign affairs of our country, welcome the main members of brics have also been placed. mustafa mohebi of the sda news agency continued the news. the spokesperson of the awqaf and charitable affairs organization said that this organization provides services to pilgrims in more than 360 processions during the arbaeen hosseini days in iran, our own country . in 53 processions, all cultural and accommodation services will be provided. in 76, only cultural services will be provided. in 139, only welfare and hospitality services will be provided. in 37, only accommodation will be arranged. they have a scan and a

cooperation organization, the main goal and main achievement of the brics group is to provide the necessary basis for not relying on the financial, bankingonomic and commercial mechanisms that the westerners and the united states have ruled in the world. independent countries from this mechanism in fact, it creates a platform and this will actually guarantee the interests of countries independent of the islamic republic of iran. first, the second is that when countries with large economic capacities in the world, such as china, india, russia, south africa, and brazil, sit together and make mechanisms to secure their own interests, when the islamic republic of iran can also consider this case, considering the role that this group will have , we can see and decorate the interests of our own country as well as the countries that are along our own lines. accession of the republic islamic iran joining the brics group was a strategic decision that was seriously pursued and adopted by the 13th government. what happened today, in my opinion, was a very important event from the point of view that the islamic republic of iran has actually brought

specific agenda , they should have a proposal for financing from this bank using this fund and institution on our xp , while brics, in addition to this , monetary and financial structure in scientific academic matters the small structuring technology and the answer of tavakoli, an expert at the think tank of economic diplomacy, especially the salam program of the persepolis reporter , i am very grateful to you, dear viewers, inshallah, until the end of the month. dear iran , good morning, welcome to the economy and market the members of the expediency recognition assembly in reviewing the plan of the central bank agreed with the addition of the country's attorney general to the supreme board of the central bank. also, the members of the assembly approved the economists before the completion.

brics still only has 15% of voting rights at the imf and the world bank. imf predicting these nations' growth rates will surpass those of the g7, brics wants a bigger voice in these bodies. they say this year's summit could prove critical for the future of the brics in an increasingly multipolar world. lizzy: so a look into the background of the brics and why more than 40 countries have now expressed interest in joining the club. cyril ramaphosa has expressed support for an expansion of the bloc ahead of the annual leaders summit which kicks off tomorrow. for more, we are joined by jennifer, our africa respondent. just talk us through these expansion plans and why it could actually pose a threat to the world order. jennifer: as you mentioned, we heard yesterday, sunday evening, from president cyril ramaphosa expressing his support for expansion and saying that if there were to be an expansion of brics, it would be not just another opportunity for brics countries to be represented at multilateral forums, but it would develop and help strengthen in a multi-po

brics group of countries are brazil, russia, india, china and south africa. the union of these states was created with the aim of reforming international financial institutions such as the imf or the world banknd attracting representatives of countries with developing economies. the moment of the final formation of brics is 2010, when south africa joined the alliance, these are countries with an average income level whose economy then developed rapidly and which can become the leading economies of the world by 2050. at the same time, the united states does not see brik as a rival to the alliance the g7 countries, because ukraine , brics, have disagreements regarding the issues related to the pacific region and the war in ukraine. such a statement was made by the assistant to the president of the united states for national security jake sullivan, we do not consider brics as something that can develop into some geopolitical rival of the united states or something like that this is a very diverse group of countries in its current form, brazil, india , the republic of south africa are democratic states, and russia and china are autocracies. well, we will talk about this topic further on our broa

and there is some talk of developing the bank to get more money to bric countries and as well as possibly easing off the reliance of the u.s. dollar for international trade. i think that is a far longer term objective, but this is a meeting of powerful nations, more powerful nations since when bric was first conceptualized more than ten years ago. we'll see if they can get consensus on expanding this grouping, but it is a fascinating meeting with important implications. >> and the most powerful country is indeed china, steven. and we rarely see xi jinping travel outside the country. so he is putting his full support behind it, it seems. >> reporter: so worth noting this is only xi jinping's second international trip after the pandemic. first one was back in march to moscow to see his quote/unquote dear friend putin. so this kind of dynamic and priority really in a way underscores what david was saying, that despite their vastly different political and economic models, these countries, these leaders are indeed bonded over their shear desire or some would say grievances over the current glo

since its establishment, this bank has contributed more than 33 billion dollars to 9,810 infrastructure projects. the summit of the brics countries should be held in south africa before today. saudi arabia, turkey, the united arab emirates and many other countries are on the verge of joining this economic group. currently, the five countries have about 31 and a half percent of the world's gross domestic product, while the g7 countries are less than 30%. the brilliance of our country's students in the olympiad world astronomy and astrophysics of poland, our country's 5-member national team of astronomy in the world olympiad of 50 participating countries won the third place in the world with three golds and two silvers after england and india, and amir mahdi esmaili taheri mehdi ostad mohammadi and arvin rasulzadeh won the gold and sarina farzad installs and mirhossein mousavi fard wins the silver medal. the members of the astronomy and astrophysics olympiad team of iran will arrive in the country today at 6:30 am. the minister of roads and urban development announced on the sidelines of the meeting of the parliament's co

not an accidental event, the membership of brics was a chosen policy. which the government has done and is following, today the selected branches of 4 new banks for the sale of arbaeen currency, the central bank announced that the applicants of arbaeen currency can go to the selected branches of sepah meli saderat banks and post bank information network 6 on the website of these banks. the central bank also announced so far, about 419,000 people have been able to receive the arba'in currency, and 220,000 people have received it through messenger. yes, sepah bank has started the offline registration of arba'in currency through the rubika messenger. at the beginning of the working hours on friday, it is said that the production line of the raw material of insulin was launched, with the efforts of scientists and specialists of a knowledge-based company, they succeeded in providing the production line of the raw material for the production of insulin from the field cell to prevent the departure of 100 million euros from the country. unveiling of the production of the raw material with which insulin is made, the opening of the largest cell insulin