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20260806 070000 UTC
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[00:00:04] in
[00:00:06] a
[00:00:10] Hello, of you're of watching TRT World, I'm
[00:00:15] of a a of Lequ, a reminder of our top stories: of Iran says it's reached an understanding with
[00:00:17] of Oman a route for ships transiting the straight of Homoz. However, Tehran
[00:00:21] has also warned that the agreement does not guarantee safe
[00:00:24] passage through the straight
[00:00:26] of due to the US naval blockade. Officials in Washington had. for an
[00:00:30] agreement to open the straight happening this week.
[00:00:33] a Mr. Trump saying talks with Iran are ongoing despite Teran
[00:00:37] denying holding direct negotiations with the
[00:00:40] US. I can say that the
[00:00:43] latest situation is that almost all
[00:00:46] of the topics are under
[00:00:47] of discussion, the map, the
[00:00:49] of transit roots, the entering and exiting of maritime traffic,
[00:00:53] and those by literal site agreements with Oman, because it's not
[00:00:57] just map, these fundamental agreements with Oman.
[00:01:05] of and they said please don't do it let's
[00:01:09] talk and then
[00:01:10] of they don't they said we never said
[00:01:12] of that you know what the fake news knows they did say that
[00:01:16] but we are talking let's see what happens
[00:01:19] Israel's continued challing in southern Lebanon has wounded at least four people in
[00:01:23] overnight strikes the attacks come after
[00:01:26] in two Israeli
[00:01:27] of soldiers were killed in a landmine explosion in majd. Salem, the
[00:01:31] strikes
[00:01:31] in also hit targets inside designated pilot zone. All of this
[00:01:35] taking place whilst
[00:01:37] of delegates from both countries are in Rome discussing the
[00:01:40] in next of phase of a gradual Israeli withdrawal from southern Lebanon under
[00:01:44] a USB broker mechanism. The Ukrainian
[00:01:48] president Volodimir Zelensky has once again appealed to European
[00:01:52] allies for urgent support following Russian strikes.
[00:01:55] Mr. Zelensky says Moscow wants to further
[00:01:58] of escalate the conflict with...
[00:02:02] of of missiles, at least 20 people of have been killed and dozens injured in Russian attacks across Ukraine since
[00:02:06] Wednesday. And Myanmar's leader is in
[00:02:10] Thailand on an official visit as
[00:02:12] of Bangkok pushes for
[00:02:14] of re-engagement with its wartorn neighbor and the regional block Asian.
[00:02:18] Its leaders have been barred from ASEAN
[00:02:20] of summit since 2021, when Ming Hang
[00:02:23] staged a coup against the elected government of
[00:02:26] of
[00:02:26] of Angsansuchi. It led to a civil war that killed an estimate.
[00:02:30] 100 thous people. The news continues
[00:02:34] me right here on TRT
[00:02:38] of World.
[00:02:46] a
[00:02:47] of
[00:02:56] of
[00:03:04] of
[00:03:13] Asian stock markets decline as the tech rally
[00:03:16] in loses
[00:03:18] of a of momentum while oil prices stabilize,
[00:03:19] of of in meanwhile new US curves on Chinese AI transceivers deepen global
[00:03:23] tech divisions and
[00:03:25] of we explore how drone strikes targeting Russia's top online
[00:03:28] marketplace are disrupting chains and threatening thousands
[00:03:31] of small
[00:03:32] of businesses. hello, i'm with the latest business news here on TRT
[00:03:36] World.
[00:03:40] of
[00:03:50] of of Asian markets will mostly down on Thursday with tech
[00:03:54] stocks back under pressure
[00:03:56] of after a 4-day rebound. South Korea's tech heavy cosby
[00:04:00] losses slipping 5% dragged by SK Hinix, Samsung Electronics
[00:04:04] and Sol semiconductor. In Japan, Soft Bank Group
[00:04:08] dropped 4%, while chip equipment Maker Tokyo Electron fell
[00:04:11] more than 5%. And Taiwan's TSMC, the world's
[00:04:15] largest contract chip manufacturer was also
[00:04:18] 1.6% lower. The pullback follows a
[00:04:21] of week's session on Wall Street
[00:04:23] of overnight which saw shares of SpaceX and ADM stumble
[00:04:26] after their quarterly earnings. As
[00:04:29] of magnificents. when stocks struggled, the Dow Jones rose to a fresh
[00:04:33] all-time high for a third straight session. Meanwhile,
[00:04:37] of oil of traded in tight range as Iran and Oman reached an agreement
[00:04:41] a shipping route through the straight of, fueling expectations of
[00:04:45] increased energy flows through the critical waterway. Brent
[00:04:48] in Crude held below $80 a barrel, its lowest level in three
[00:04:52] weeks. For more on this, let's speak to Milad
[00:04:55] of Azarin Beirout. He's a market analyst at XTB Menner.
[00:04:59] Welcome back to. program mulad: now Asian semiconductors took a sharp hit on
[00:05:03] Thursday after a
[00:05:04] in brief rebound, is this pullback simply routine
[00:05:07] of profit taking or our investors growing increasingly
[00:05:10] concerned about? earnings
[00:05:13] growth, good morning, thanks for
[00:05:17] having me today, yes we saw at the the first
[00:05:20] break that space x and
[00:05:23] abm took a little bit of it because
[00:05:27] the disappointing result after that we saw last night
[00:05:31] sandx and the semiconductor sectors
[00:05:34] and wester western digital disappoint the
[00:05:38] market again that's why we saw this downturn
[00:05:42] in the Asian market and especially in the cosp
[00:05:46] market, in the south korea market, we saw skyx,
[00:05:50] samsung and other companies going into their red, because of
[00:05:53] those results, we can see that it's more than profit
[00:05:57] taking, more than the deterioration the
[00:06:01] basics of this sector right, and south korean
[00:06:05] chipmakers in particularly have been most vulnerable
[00:06:09] recently, what does that signal about investor confidence in the?
[00:06:12] stocks that have led the AI driven market rally this
[00:06:15] year? yeah, it's normal
[00:06:19] after every boom, there is bus a little bit, we can see
[00:06:22] that first the
[00:06:24] since year cosp took a very long term of a
[00:06:28] bullish momentum after that very normal to get some
[00:06:32] retracement before continuing this bullish momentum at the
[00:06:36] end we can see that the inflation a way or
[00:06:39] another is weighing on those stocks, but the end this
[00:06:43] sector is still a good position to continue this
[00:06:47] bullish momentum at the long term and despite weakness in the
[00:06:51] magnificent seven and major tech names Dow Jones hit
[00:06:54] another record high on Wednesday is the US
[00:06:57] market seeing a broader uh sector
[00:07:01] rotation away from technology into traditional
[00:07:04] industries? yeah,
[00:07:08] this is very good question, in the last few weeks we so...
[00:07:12] revaluation the AI company, the tax sector
[00:07:16] and we saw that the data from the US, the real
[00:07:19] economy is still doing well from the ISM non
[00:07:23] manufacturing to another ISM manufacturing, all the
[00:07:26] data are saying that the US company still
[00:07:30] strong, the US sorry economy is still strong, so
[00:07:34] on the long term we can see that the investor are rotating from the
[00:07:38] AI sector that need some revaluation to the
[00:07:41] real world sector and the real
[00:07:45] manufacturers right, and meanwhile Iran and Oman have said they've
[00:07:49] reached an agreement to secure shipping through the straight of Romas, but
[00:07:53] Crude is still holding at around $80 a barrel, does this suggest
[00:07:57] traders remain unconvinced that the lower geopolitical
[00:08:00] tensions will translate into lasting increase in global
[00:08:04] oil supplies? yes we can see
[00:08:08] even if we see a real some agreement it's show to
[00:08:12] agreement at the end between Oman and Iran, we did not see the
[00:08:16] finish the war between Iran and the US, there is
[00:08:20] lot of misunderstanding about
[00:08:23] this agreement and this negotiation, so what we
[00:08:27] can say here that the investor, no, they are not
[00:08:30] really convinced that the market will be
[00:08:34] like before the war, we can even if the war
[00:08:38] stop after two days, one week, we need more than six months.
[00:08:42] to regain uh the production, to regain uh the
[00:08:46] uh export level before war.
[00:08:49] all right, interesting insights there. Milad azar market analyst at XTB,
[00:08:52] mena, thank you very much for speaking to us. Thank
[00:08:56] you. China has retaliated against the latest
[00:09:00] US tariffs announced by President Donald Trump two weeks ago. It's
[00:09:04] imposing export controls on US made drones and sanctioning six
[00:09:08] other companies, saying the US has harmed China's legitimate rights
[00:09:11] and and economic interests, as Em Bots
[00:09:14] reports. Traffic here
[00:09:18] a US port continues as usual, but shipments from
[00:09:22] China may soon become less frequent. That's after Beijing
[00:09:26] announced retaliatory measures, just days after the US imposed
[00:09:29] fresh duties on China and 59 other countries. The
[00:09:33] US says the countries on the list are those accused of violating labor
[00:09:37] laws. For China's officials, it's a step too
[00:09:40] far. China's position on
[00:09:44] China, US economic and trade issues is consistent
[00:09:48] and clear. We oppose all forms of unilateral
[00:09:52] tariff measures, tariff wars and trade wars are not in the
[00:09:55] interests of any party. But China has now imposed more
[00:09:59] export controls on US drones, their components, and related
[00:10:03] technology. They've also imposed counter measures on six US
[00:10:06] businesses, including biotech company applied DNA sciences
[00:10:10] and geoscience research firm.
[00:10:12] from stratum reservoir. China says those on the list support US
[00:10:16] sanctions related to Shinjang. They've also said Washington is
[00:10:20] willfully seeking to suppress Chinese companies. Last year the
[00:10:24] US China. tariif war continued escalate month by month,
[00:10:27] what began as baseline tariffs of 20% each incrementally
[00:10:31] got higher. the US began with a tariff in February which it
[00:10:35] described as punishment for fentinal flow into the US, with
[00:10:39] China responding on US agricultural goods. the peak the tariff
[00:10:43] war was in April with Trump announcing what he called liberation
[00:10:46] day, hitting China's goods with
[00:10:48] 125%. China then counted,
[00:10:52] imposing 125% duties on all US imports
[00:10:56] eventually on May 14th,
[00:10:58] both nations agreed in Geneva to reduce reciprocal
[00:11:01] surcharges. Washington is yet to respond to this latest
[00:11:05] Chinese move, but there are fears of another tit for tat
[00:11:15] as
[00:11:15] the United States and China race toward technological
[00:11:18] self-sufficiency, the world is witnessing the emergence of two
[00:11:21] increasingly separate AI and technology supply.
[00:11:25] chains. The US is drafting a ban on Chinese-made optical
[00:11:28] transceivers for American AI data centers. They act
[00:11:32] as high-speed connectors between AI chips, enabling the
[00:11:36] massive data flow needed to train and run AI
[00:11:39] models. Companies in the US, Japan, Europe and Taiwan
[00:11:43] are leading the market. China is scaling up fast but still
[00:11:47] depends on foreign technology for top tier components and
[00:11:51] equipment. Washington is steadily expanding restrictions.
[00:11:55] to block China from accessing critical strategic technologies like
[00:11:59] advanced AI chips, semiconductor manufacturing tools,
[00:12:02] robotics, drones and next generation telecommunications
[00:12:06] hardware to slow down Beijing's technological
[00:12:09] progress. And for more on this, we're joined by Abdul Wahab
[00:12:12] AUB, he's head of TRT well's a digital desk. Hi, Abdul
[00:12:16] Wahab. Now, how severely could a ban on
[00:12:19] Chinese-made optical components disrupt American tech
[00:12:23] giants building out next. generation data centers,
[00:12:27] well taba, the optical transceivers or the photonic
[00:12:30] like silicon photonics is the next big thing in
[00:12:34] AI infrastructure build out, is the next bottleneck
[00:12:38] basically, because just to put in context,
[00:12:42] as data center rapidly grow and advanced AI
[00:12:45] chips go into hundreds of millions and eventually to
[00:12:49] billions, the transformation the data, the communication
[00:12:53] between these chips, is crucial because so
[00:12:57] far has been done by coper, that's why coper prices have
[00:13:00] skyrockets recently, and now but that's not enough, because that burns a lot
[00:13:04] of energy, lot of um and the models become less
[00:13:08] efficient, so with this new technology with now
[00:13:12] light is going to be the communicator between tokens, between
[00:13:16] informations on chips and this is that's why it's so
[00:13:19] critical for both countries uh on this now
[00:13:23] US, Japan and Taiwan are leading in this, so US trying
[00:13:27] this uh new uh, let's say bottleneck, trying to have
[00:13:31] a leadership and trying to prevent China from reaching it
[00:13:34] uh,
[00:13:35] at least trying to gain time on this, and of course short term is going to
[00:13:39] increase fast uh the prices of data center build out in the
[00:13:42] US, but long run the strategic uh thinking of us is
[00:13:46] that uh as much as possible we delay
[00:13:50] China uh have access into this we're going to keep dominating
[00:13:53] the sector. so how long will it take for Beijing to
[00:13:57] achieve complete supply chain independence across critical hardware
[00:14:01] manufacturing? well - so far the
[00:14:05] both US and China are lot intertwined basically,
[00:14:08] it looks like both of countries uh are creating their
[00:14:12] own indigenization let's say the
[00:14:16] AI critical infrastructure so because that's
[00:14:19] crucial to better models to better robots
[00:14:22] to better uh satellites tomorrow. and all
[00:14:26] other components, but uh so far uh China
[00:14:30] uh both countries b are leading, China is leading massively
[00:14:34] on rare earth which is critical on everything build out like
[00:14:38] tech from EV to chips to everything, it's leading about
[00:14:41] 80% on humanoid robot so far at this
[00:14:44] stage, but China, United States is ahead
[00:14:48] on most advanced chips to two
[00:14:51] nanometers chips to designing them.
[00:14:55] and these photonics trans photonics which as
[00:14:59] just mentioned before, so both countries are trying to create their
[00:15:03] own uh ecosystem, vertically integrated ecosystems,
[00:15:07] but it's far neither country to uh fully
[00:15:10] uh reach independence into this, and as the US
[00:15:14] expands sanctions across these technologies, what
[00:15:18] does the growing division mean for allied tech markets
[00:15:22] across Europe and Asia? well,
[00:15:25] That's everybody is concerned about this, because
[00:15:29] as technology as we see indigenization the AI
[00:15:33] infrastructure continues, both countries
[00:15:36] now. are really dependent into each other, so we
[00:15:40] going to mostly see the next cold war, tech cold war
[00:15:43] 2.0 where uh other countries like Europe,
[00:15:47] Taiwan, South Korea and the rest the world is going to force
[00:15:51] somehow to choose which uh which AI
[00:15:55] or which uh components they're going to use, whether it's going to be
[00:15:59] US or Chinese one, and that's of course going to increase
[00:16:02] costs of transportation, cost of building data
[00:16:06] centers, cost of... chips itself, so it's going to uh
[00:16:09] pass over this cos on companies, which of course
[00:16:13] these companies are going to pass on to the consumers, so who
[00:16:17] using them
[00:16:18] and who pays for tokens spent on generating AI
[00:16:21] or tomorrow on agentic AI at the same
[00:16:25] time? abdul wahab, great speaking to you, thank you for your
[00:16:29] insights. now weeks of extreme
[00:16:33] heat and dry weather have left two of Europe's most important rivers
[00:16:36] facing. water shortages with economic consequences for
[00:16:40] industries ranging from German chemicals to Italian
[00:16:43] ceramics.
[00:16:48] has more rivers are becoming a growing business risk
[00:16:51] in Germany
[00:16:53] the Ryan has fallen to an near record lows after weeks of dry
[00:16:57] weather stretching 1230 km
[00:17:01] across western Europe is Germany's main commercial artery
[00:17:05] carrying hundreds of millions of tons of
[00:17:07] crude oil and grain every year, but falling
[00:17:11] water levels mean vessels can carry only a fraction their
[00:17:14] usual cargo. with normal water levels a
[00:17:18] rhine barge can carry around 500 containers, currently that
[00:17:22] capacity is down to just 20%, meaning only 100
[00:17:25] containers, that leaves 400 containers sitting idle somewhere,
[00:17:29] while the 100 that can be transported become much more expensive to
[00:17:33] ship. in Italy, the por river is also running
[00:17:36] low. the poor plane is one of Europe's most
[00:17:40] concentrated manufacturing regions and Italy's
[00:17:43] agricultural backbone. water shortages here don't
[00:17:47] just hurt farms, they hit factories too. disetia,
[00:17:51] one the po's main tributaries runs through the heart of Italy's
[00:17:55] water intensive ceramics industry. manufacturers rely
[00:17:59] heavily on water to grind raw materials and clean
[00:18:02] equipment. geographic concentration, that is the
[00:18:06] industrial. effect is the most important characteristic of
[00:18:10] ceramic manufacturing, over 90% of tile production is
[00:18:14] concentrated within 20 square kilometers, enabling companies
[00:18:18] to form synergies in water recycling, waste recycling and
[00:18:22] technology research and development, but the machinery,
[00:18:25] textiles and pharmaceuticals have different water quality
[00:18:29] requirements and the cost of new equipment remains a financial
[00:18:33] barrier for smaller companies, water recycling systems and
[00:18:37] waste. to treatment equipment are not widely adopted among
[00:18:40] small and medium enterprises because they require
[00:18:44] significant capital investment, infrastructure investment and
[00:18:48] sufficient construction space. two rivers, two countries,
[00:18:51] one shared problem. Europe's drout is turning water
[00:18:55] shortages into direct economic costs. as
[00:18:58] extreme weather becomes more common, investing in alternative
[00:19:02] transport and water recycling systems is becoming
[00:19:06] business necessity. Tülay Karlon Haznederoğlu TRT
[00:19:09] World.
[00:19:16] Let's take a look at some other stories we're following around the world. New US
[00:19:20] tariffs will hit 7.4 billion dollars of Singapore
[00:19:23] exports with roughly a third of shipments facing a
[00:19:27] 12.5% duty. Washington introduced the measures
[00:19:30] over forced labor concerns targeting products like
[00:19:34] chemicals and optical equipment. Singapore sayid. has found
[00:19:38] no evidence of forced labor in its exports, but warned the
[00:19:42] restrictions could hurt global supply
[00:19:44] chains. Brazil's central bank has cut
[00:19:48] its benchmark interest rate for fourth straight meeting,
[00:19:51] lowering it to 14%. But authorities say
[00:19:55] they will remain cautious as higher oil prices and inflation
[00:19:59] risks continue to cloush the outlook. The latest decision
[00:20:02] comes less than two months before Brazil's presidential election
[00:20:06] with infl remaining key concern for many
[00:20:10] voters. Australia
[00:20:13] posted a trade surplus of 1.9 billion
[00:20:17] Australian dollars in June after deficit in May. The
[00:20:21] surprise recovery was driven by nearly 10% jumping
[00:20:24] exports led by stronger shipments of metal ores and
[00:20:28] coal. However, analysts say Australia's trade position is
[00:20:32] still weakening as the long-running commodity boom begins to
[00:20:35] fade.
[00:20:39] Meanwhile, Mata reported that one of its AI models breached another
[00:20:43] company system during a cyber security test after setup
[00:20:47] error gave it unintended in. internet access, the
[00:20:51] company says the model exploited a security weakness a third
[00:20:55] party service and that the incident is now under
[00:20:58] investigation. Metta is the third major AI developer to
[00:21:02] report similar case following recent disclosures from
[00:21:05] unthropic and open
[00:21:07] AI.
[00:21:11] And Alphabet is reshaping its AI leadership
[00:21:15] with deep-mind chief Demis Hasabit becoming the
[00:21:19] company. chief scientists while stepping back from day-to-day
[00:21:23] operations. He says the move will let him focus on long-term
[00:21:27] AI research and scientific breakthroughs including drug
[00:21:30] discovery. This reshuffle comes as Alphabet faces
[00:21:34] intense competition from Open AI and Anthropic emit
[00:21:37] delays to its next major AI
[00:21:39] release.
[00:21:48] Recent drone attacks on logistic. Hubs used by Russia's largest
[00:21:52] online retailer Wild Berries have disrupted operations and forced the
[00:21:55] company to redirect shipments. The company is now expanding its
[00:21:59] logistics network into neighboring Kazakhstan, but analysts say
[00:22:03] thousands of small businesses that depend its warehouses
[00:22:07] could also take a hit. Dusha Chinashover has this report from
[00:22:11] Moscow. For thousands of small
[00:22:14] businesses, online shops are the center their entire operation
[00:22:18] from warehousing and Six to wide
[00:22:20] deliveries.
[00:22:23] Sells a range
[00:22:23] of goods through Wildburies, which is widely seen as Russia's answer to
[00:22:26] Amazon. He says drone attacks have exposed how vulnerable
[00:22:30] small businesses can be when they depend heavily a single logistics
[00:22:34] network, although he expects the company to
[00:22:36] recover. We are lucky that we
[00:22:40] stored only a small share of our goods at marketplace
[00:22:43] warehouses. We know how to adapt, plus we don't have heavy
[00:22:47] credit burden, that will help us lot. those who had 80 to
[00:22:51] 90% their goods destroyed and bought that inventory with
[00:22:55] borrowed money are in very difficult situation, for many
[00:22:59] businesses, even a brief disruption can create serious cash flow
[00:23:02] problems, with inventory trapped inside damaged warehouses, sales
[00:23:06] stop while storage fees, supplier payments and other operating costs
[00:23:10] continue to bill up. small and
[00:23:14] medium-sized businesses could suffer the most because their
[00:23:17] entire business model depends on infantry
[00:23:20] turnover, many bought their goods using borrowed money,
[00:23:24] and if they can't maintain the sales volumes they originally planned,
[00:23:28] they may struggle to repay those loans. The impact
[00:23:32] extends beyond salaries: re-rooted shipments means thousands of
[00:23:35] independently operated pickup points are seen fewer deliveries and
[00:23:39] lower customer traffic, but there are now plans to build additional
[00:23:43] warehouses in neighboring Kazakhstan and Belarus and strengthen
[00:23:46] security to make supply chains more resilient.
[00:23:50] This could affect the range of products available on the marketplaces and
[00:23:54] push up prices for some goods, but it won't fundamentally change the
[00:23:58] platform economy. Online marketplaces remain Russia's
[00:24:01] dominant retail sales channel, and so we're more
[00:24:05] likely to see redistribution of sales than a collapse
[00:24:09] the system. Analys say Russia's well established trade links
[00:24:13] with China could help replace many low cost imported goods,
[00:24:17] limiting longer term disruption for consumers. Recent drone
[00:24:20] strikes come a time when companies are already facing high borrowing
[00:24:24] costs and higher taxes, so any prolong disruption could add further
[00:24:28] pressure to one of Russia's fastest growing
[00:24:30] sectors. World,
[00:24:34] Moscow. Let's speak now to Olga
[00:24:37] Krasnik, who is associate professor at the High School of
[00:24:41] Economics, she joins us live from the Russian Capital. Welcome back
[00:24:45] to the program, Olga, now with thousands of sellers holding up to
[00:24:48] 90%. their inventory inside centralized
[00:24:52] well wildbury warehouses, how severe is this bankrupcy
[00:24:56] risk for small businesses that finance the stock with
[00:25:00] high interest loans? well, it's still
[00:25:04] hard to see how this painful for small
[00:25:08] and middle size businesses, but this platform weld
[00:25:11] indeed one the biggest one retail platform
[00:25:15] in in Russia, but also need to understand that the
[00:25:19] sellers good. they redistributed in many uh different store
[00:25:23] houses, few them been destroyed, but not
[00:25:27] all them, and of course it cannot be denied some
[00:25:30] negative impact on small businesses, but at the same time
[00:25:34] businesses always have a certain risks especially
[00:25:37] considering that Russia a situation of war
[00:25:41] with with Ukraine and with its western partners, so
[00:25:44] and in this case yes, some risks are
[00:25:47] inevitable, and does Russia have have enough alternative
[00:25:51] logistics capacity if attacks on major hubs
[00:25:54] continue uh well this is the
[00:25:57] biggest one but not the only one we have
[00:26:01] different platform. which do the same, but
[00:26:05] while
[00:26:06] bear is the annual revenue by the way it's 75 billion dollars, so
[00:26:10] it's one the biggest platforms, but the same time
[00:26:14] we understand it's a private business, and the founder of wildb is
[00:26:18] one the richest person in Russia as far as I can
[00:26:21] see, and in this case, well high risks are imposed on
[00:26:25] this business, but at the same time I do not believe that the logistics
[00:26:29] and the delivery of goods will be somehow destroyed. or
[00:26:33] severe severely impacted by these drone
[00:26:36] attacks and could expanding into neighboring countries like
[00:26:40] Kazakhstan actually protect Russia's domestic retail supply chain from
[00:26:44] ongoing infrastructure attacks? well I do not believe so
[00:26:48] it will would have a certain negative impact on the Russian
[00:26:51] retail uh but uh it is understandable as the founder of wild
[00:26:55] beries that kim she uh wants to minimize
[00:26:58] the risks and of course she tries to uh maybe to use like
[00:27:02] alternative platforms, alternative territories like Kazakhstan, but
[00:27:06] it's private business, and she is in her own right to expand it towards
[00:27:10] Kazakhstan, but I do not see may
[00:27:13] huge negative impact on the sellers and the buys like
[00:27:17] ordinary people in Russia are because of some store houses being
[00:27:21] destroyed, and could physical disruptions
[00:27:25] become inflation problem if fewer goods reach
[00:27:28] Russian consumers? well, I don't think so.
[00:27:33] that it would cause some inflation, so the inflation
[00:27:37] can come from from different reasons and following
[00:27:40] few weeks uh this energy crisis indeed we had
[00:27:44] it and uh because this shortage of of gasoline of of
[00:27:48] oil of course it somehow
[00:27:51] increased the the price for logistics, but now
[00:27:54] we overcome this crisis energy crisis and uh
[00:27:58] if some inflation would come it just only from logistics
[00:28:02] and the price for gasoline, but it's not about
[00:28:06] the infrastructure of store houses of wildbs. professor
[00:28:10] Olga Krasniak from the high school of economics in Moscow, great to speak to
[00:28:14] you, as always, thank you. Chinese tech
[00:28:17] firms looking to expand overseas have been turning to Hong Kong to raise
[00:28:21] money, test their products and build credibility. firms
[00:28:25] flocking to the cities capital markets have helped drive the busiest start
[00:28:29] to the year for IPO's in half decade. but
[00:28:33] some Chinese companies are still facing barriers when looking for new
[00:28:37] trade overseas. Laura Westbrook reports from Hong
[00:28:40] Kong. This
[00:28:43] Chinese tech firm is hoping their smart blackboard is the
[00:28:47] future for classrooms. It's one the artificial intelligence
[00:28:51] products made by voice recognition company IFlytech. Around
[00:28:55] 40 schools in Hong Kong have already bought their product and now it
[00:28:59] wants to expand further overseas.
[00:29:02] it is very good opportunity for us to go global because the
[00:29:06] standard of Hong Kong is very close to international standard. The firm
[00:29:10] is targeting markets in Southeast Asia and the Middle East. We
[00:29:14] think that these the countries is that we
[00:29:18] can see the demands and we can see they are
[00:29:21] economies fast growing and we have very good
[00:29:25] relationships in term in terms of geopolitics so that's very
[00:29:29] important as well. Partly state-owned ifly tech relies on
[00:29:32] domestic chips, it was put a US blacklist in
[00:29:35] 2019 for its alleged role in the surveillance of
[00:29:39] minorities in Shinjang, effectively barring the company from
[00:29:42] buying advanced US chips. One of Hong Kong's great
[00:29:46] advantages is its proximity to the mainland. Also, there
[00:29:50] are freeer capital flows and access to professional
[00:29:53] services. What has been different over the past few years
[00:29:57] is that the slower nominal growth in the Chinese economy
[00:30:01] basically has pushed. firms to go more
[00:30:04] overseas to hunt for profit. tech firms based in mainland
[00:30:08] China have recently been flocking to list on the Hong Kong Stock
[00:30:11] Exchange. Hong Kong is a free market compared to the Mainland
[00:30:15] Chinese exchanges where there are stringent capital controls.
[00:30:19] The city is benefiting from Chinese companies looking to raise money
[00:30:23] here to expand abroad. This is supported by policies
[00:30:26] from both local regulators and regulators on the mainland.
[00:30:30] While Beijing is encouraging companies to expand abroad,
[00:30:34] it is also tightening scrutiny of overseas investment,
[00:30:37] particularly if there are national security concerns, especially in the
[00:30:41] fields of tech data and talent, so it's not all plane saling for
[00:30:45] Chinese firms moving beyond Hong Kong. If you look at the
[00:30:49] US or European markets, they are
[00:30:53] imposing various screening uh
[00:30:56] over incoming investment, particularly
[00:31:00] related to companies involved in... deep
[00:31:02] technology, AI,
[00:31:06] quantum, computing, semiconductors
[00:31:09] and tying all those investment to national
[00:31:12] security, data protection, and so on. As the
[00:31:16] tech race heats up, Chinese firms like IFly Tech are
[00:31:20] calculating where they position themselves an increasingly
[00:31:23] polarized geopolitical climate. Laura Westbrook, TRT
[00:31:27] World, Hong Kong. And that's the business news,
[00:31:31] bye for
[00:31:32] now.
[00:31:36] Sharp to the point. Round table shuts out the noise
[00:31:40] and gives you the detail. John Kerry told round table, Poland
[00:31:44] has. here in Berlin, take a seat and listen to those who
[00:31:48] really know what's going on. War in Europe, distrust are means
[00:31:51] an argument, and there are very specific reasons why Trump has gone
[00:31:55] after them. Who's going to blink first? Confusing world, we're
[00:31:59] here to clear the f. You'll understand exactly
[00:32:03] where you are. Round Table on TRT
[00:32:05] World.
[00:32:24] With dozens of towns occupied and the south still under
[00:32:27] attack, will Israel remain in Lebanon?
[00:32:31] Representatives from both countries and the US return to the table for
[00:32:34] seventh round of talks in Rome, but with Hesbollah refusing to
[00:32:38] disarm until Israel leaves, while Israel refuses to leave
[00:32:42] until Hezbulah disarms, can peace talks... has really
[00:32:45] succeed. I'm Andrea Sanki and today's newsmaker is
[00:32:49] Lebanon.
[00:33:06] Well, it's obvious you have to manage expectations when a lead negotiator
[00:33:10] says peace talks shouldn't move too quickly. That is
[00:33:14] not what hundred. of thousands of displaced people want to hear, desperate to
[00:33:18] return home, some have made their way back to villages left in ruins in
[00:33:22] southern Lebanon, with occupying Israeli forces never far
[00:33:25] away, it's added more hardship to the country marking six
[00:33:29] years since its capital city was virtually destroyed in the
[00:33:33] Bayrut port explosion, so while Lebanon's people remain as
[00:33:36] resilient as ever, will they actually get the peace and
[00:33:40] accountability they deserve? here's a
[00:33:44] look: the latest Israel talks aren't about
[00:33:47] negotiating another peace deal, they're about assessing
[00:33:51] whether the one already agreed can actually work. for
[00:33:55] the first time since 1993, Israeli and lebanese
[00:33:58] officials have been meeting directly marking diplomatic
[00:34:02] breakthrough after decades without face-to-face talks,
[00:34:06] but turning that breakthrough into peace may prove far more
[00:34:09] difficult. at the heart the framework is faced
[00:34:13] Israeli withdrawal from southern Lebanon, the first
[00:34:17] test is series of so-called pilot zones. Under the
[00:34:21] plan, Israeli forces would gradually withdraw, the Lebanese army
[00:34:25] would take over security and the model would then be expanded
[00:34:28] elsewhere. But after weeks of negotiations,
[00:34:32] only one pilot zone has been implemented. That
[00:34:36] slow progress reflects the deeper problem. Every stage the
[00:34:40] framework depends on another one. Israel once Hezbulat
[00:34:44] disarms before. completing is withdrawal, hezbullah
[00:34:47] insists there will be no disarmment while Israeli troops remain
[00:34:51] inside Lebanon. The talks also expose one the
[00:34:55] biggest gaps in the process. Hesbullah remains outside the
[00:34:59] negotiations and rejects the very premise it's built
[00:35:02] on. We consider that all direct
[00:35:06] negotiations with Israel have brought nothing but shame,
[00:35:09] humiliation, disappointment and continuous
[00:35:12] concessions. The division. are not confined
[00:35:16] to the negotiating table, Israeli military operations have
[00:35:19] continued across southern Lebanon, raising concerns that
[00:35:23] implementation remains far more fragile than the agreement
[00:35:27] itself. The UN interum force in Lebanon continues to
[00:35:31] observe daily Israeli violations of Lebanese
[00:35:34] airspace. Between Thursday and Sunday, peacekeepers recorded
[00:35:37] 125 air violations with a combined total
[00:35:41] overflight time exceeding 418 hours.
[00:35:45] Surveillance and arm drones were observed near or above unifill positions in both
[00:35:49] sectors. Peacekeepers also report extensive military activity
[00:35:53] on the ground in south Lebanon, including significant engineering works and
[00:35:57] active troop movements. For displaced Lebanese, that's delaing
[00:36:01] any return to normal life. Some families have gone back to
[00:36:05] their villages, many others are still waiting with Israely
[00:36:09] troops remaining in parts the south and entire communities left
[00:36:13] in ruins. We can say that the
[00:36:17] matter cannot be measured in terms of time, but rather in terms
[00:36:21] of solutions, and the solutions are very complicated when
[00:36:25] it comes to completely withdrawing. weapons from within
[00:36:28] Lebanon. The issue goes beyond the national sphere. It
[00:36:32] may even have regional dimension. Therefore, I
[00:36:36] believe that the timeline for the Israeli occupation will be a
[00:36:40] long time. The negotiations have reached a new
[00:36:43] stage. The diplomacy and the conflict, however,
[00:36:47] still appear to be moving on two very different tracks.
[00:36:51] So are Lebanon-Israel
[00:36:53] peace talks a positive trajectory or just barely maintaining a lot.
[00:37:27] personally feeling about where your country is headed right now, given
[00:37:31] the state of political affairs as well as
[00:37:35] these continuing talks in in uh
[00:37:37] with Israel,
[00:37:41] well you saw sumed up the major problems in
[00:37:45] Lebanon, so I'm going to try as much as possible to
[00:37:49] in few seconds to answer that, I
[00:37:51] mean the way what we reach at this point
[00:37:55] is series of uh state collapse,
[00:37:58] regional intervention, decades of
[00:38:02] mismanaging public
[00:38:06] affairs, but now we are a very critical moment, I
[00:38:10] think an era is ending in South Stebern, the way we know
[00:38:13] it, but we are transitioning to something that's not very
[00:38:16] clear yet and it's being forced imposed
[00:38:20] by force whether the Israeli force and
[00:38:24] the US support for this force and "this is
[00:38:28] might bring some temporary resolution,
[00:38:32] but it's not going to bring a long term, and now Lebanon is in
[00:38:35] limbo is waiting for US, Iran basically talks
[00:38:39] and we have these talks in Rome as you mentioned this
[00:38:42] week, without the clear road map, maybe we will discuss
[00:38:46] it later in detail, but I think all the
[00:38:50] problems now I mentioned are
[00:38:53] really the culmination of it is what's happening in.
[00:38:58] Okay uh, let ask,
[00:39:02] Romy, Joe says it's not a clear road
[00:39:05] map um and that they're transitioning right now in
[00:39:09] in Lebanon, this also something that's just not very clear, but they they at least have
[00:39:13] these pilot zones, do you think they're working and are
[00:39:17] they really the best indicator of of actual
[00:39:20] progress? well they're working as they're
[00:39:24] supposed to work, which is to reaffirm... Israeli-American
[00:39:28] superiority and and sovereign
[00:39:32] control over South Lebanon and forcing
[00:39:36] the Lebanese government to comply with what Israel
[00:39:39] wants, so in that respect they are working, most
[00:39:43] the world doesn't think, I think most the region and much the world
[00:39:47] doesn't think this is a really fair and
[00:39:50] legitimate and equitable process
[00:39:53] and like the board of peace and '
[00:39:58] and Gaza and some the
[00:40:02] things that were developed with Iran and the US
[00:40:05] under American pressure, these are not
[00:40:08] serious peace processes
[00:40:11] or movement towards a
[00:40:15] mechanism for peaceful coexistence in the long
[00:40:19] run, unlike say what you saw in Northern Ireland or Southern Africa,
[00:40:23] which did lead to an equitable peace, so in that respect,
[00:40:27] no... "they're not uh, they're not real progress
[00:40:30] in the long run, and they, but if they can
[00:40:34] spark push by all
[00:40:37] sides to get to the next stage that is more
[00:40:41] equitable, for instance the Lebanese should determine where do the
[00:40:45] Israelis withdraw from, in phase two, in phase one, the Israeli said we're
[00:40:49] getting out these areas, some of which they didn't even occupy. phase two,
[00:40:53] maybe Lebanon should say, well, these are the villages you got to get out of,
[00:40:56] and these are..." the errors you have to stop bombing, something like that
[00:41:00] could rectify the imbalances now, but that
[00:41:04] rarely happens, but we'll just have to wait and see, the Lebanese are very talented
[00:41:08] people, but it depends on whether the US comes down
[00:41:12] equitably for Israel and Lebanon or continues to
[00:41:15] push a process that favors what Israel wants? so you're saying
[00:41:19] that the pilot zones could somehow
[00:41:22] spark the real progress, but there's
[00:41:26] this overlying... concern that, well Israel has definitely
[00:41:30] highlighted this, that Hezbol will try to return
[00:41:33] to these pilot zones, once it's established that the
[00:41:37] Lebanese army is in control. "do you
[00:41:41] see that as as something quite possible or
[00:41:45] is are you suspicious that Israel is looking for excuses to either stay
[00:41:49] as an occupier or be able to return
[00:41:52] later? um, hizballah is issue, but
[00:41:56] it's not the issue. the issue is the
[00:42:00] tensions between zionist colonial
[00:42:03] expansion, american support for that, and
[00:42:07] inadequate lebanese and arab'.
[00:42:10] systems and foreign
[00:42:12] manipulate in the region since the
[00:42:15] 1920s, that's the real problem, so the
[00:42:19] hezballah is willing to make like Hamas
[00:42:23] and Palestine, is willing to make reasonable concessions
[00:42:26] if the core root the problem is addressed,
[00:42:30] which is Israeli occupation
[00:42:34] and was born to push
[00:42:38] back Israel to get them out. Leban, they weren't born for
[00:42:41] anything else. Okay, I'm going to follow up with that in just
[00:42:45] second with Joe, but first I have to ask aqiva,
[00:42:49] because on the Israeli side, I i mentioned the
[00:42:52] suspicions that Israel already has, and it's also said that it it
[00:42:56] has to verify somehow that Hazbullah has
[00:43:00] disarmed. How would that ever happen? And I
[00:43:04] mean, then you have to also quash the suspicions that Israel has
[00:43:08] that the Lebanese army is somehow going to... cooperate with
[00:43:11] Hezballah uh because that's just what they do, and
[00:43:15] again it opens the door to prolong
[00:43:18] occupation. well, I can tell
[00:43:21] you when it's probably not going to happen, and
[00:43:25] this is between now to October 27th,
[00:43:29] until the the elections in Israel, because
[00:43:33] what the current government is doing is looking
[00:43:36] at every strategic question,
[00:43:40] from
[00:43:40] you know through the lenses the
[00:43:44] belloting boxes to the elections and
[00:43:48] right now they are still having a
[00:43:51] problem convincing the communities in the Israeli no there
[00:43:55] was a kind of symmetry that we are doing
[00:43:59] between the Israeli
[00:44:01] refugees that had to leave their
[00:44:04] homes during the war that started all
[00:44:08] this and started. reoccupation of
[00:44:12] southern Lebanon, and they are also
[00:44:15] demanding some kind of guarantees
[00:44:19] from the current government that it will not happen to
[00:44:22] them again, there are still people who move to
[00:44:26] the center of Israel and they are not back yet because they
[00:44:30] don't feel safe, so Netanyahu right now
[00:44:34] is looking every morning at the polls
[00:44:37] and he's not happy.
[00:44:40] with what he sees and probably
[00:44:43] the good news is that in
[00:44:47] October we will have another government that
[00:44:51] will look at the Israeli international
[00:44:54] relationships and public relations of Israel a
[00:44:58] different way, different from what Netanyahu was
[00:45:02] suggesting a super sparta, he said
[00:45:05] in on
[00:45:06] the in the Kness that he sees himself as the
[00:45:10] Israeli churchill that
[00:45:12] offers kind
[00:45:15] of blood tears and
[00:45:19] sweat with no deadline,
[00:45:22] and the other problem is that even the
[00:45:26] Israeli opposition, the leaders the
[00:45:29] parties that will probably be in power are not
[00:45:33] mentioning anything about withdrawal from Lebanon or
[00:45:37] even talking about the two states.
[00:45:40] solution, there is no leadership that
[00:45:43] is suggesting a deadline for the Israeli
[00:45:47] occupation and timeline, they are talking
[00:45:51] about sequence, first they have to stop terrorism, first we
[00:45:55] have to this make sure that to disarm
[00:45:58] hizballah and the hamas, but they
[00:46:02] don't offer anything, yeah, they are blaming government for
[00:46:06] outsourcing Israel security, outsourcing to...
[00:46:10] his government, to President Trump when it comes to Iran
[00:46:14] and to the new peace council
[00:46:17] in in Gaza. Okay, um, let me come
[00:46:21] back to uh, Joe in Beirut, because I need to pick
[00:46:25] up on something that Rami had said, he he seems to have some confidence
[00:46:29] that Hesbolah would act in good
[00:46:32] faith if um Israel were to to
[00:46:35] withdraw. However, Hezbulah says that these talks alone have brought.
[00:46:53] to foreign power and that the Hezball goes goes ahead and
[00:46:56] makes unilateral decisions to attack Israel and then complains
[00:47:00] on behalf of Iran for that matter and then complains that the constitution
[00:47:04] is being violated because they didn't get to agree to
[00:47:08] negotiations, so how dangerous is
[00:47:12] that difference of opinion alone within
[00:47:15] Lebanon? I mean, regardless
[00:47:19] the emotion and ideological difference. sets
[00:47:23] are
[00:47:23] very you know a high level and level on for me, i like to
[00:47:27] focus on how how the policies
[00:47:29] are, obviously we have
[00:47:33] now two visions of foreign policies in in libanon, one is
[00:47:36] batic on what's happening on talks, the other one is
[00:47:40] betting on on the talks with directly with Israel through
[00:47:44] yes mediation and neither can reach very
[00:47:48] clear solution, now we have a framework.
[00:47:52] you have especially security anx, you mentioned the pilot
[00:47:56] zones, they don't address the core the problem which
[00:47:59] has been in the last two years since the last is fire in November
[00:48:03] 2024, is how you deal with the issue of disarmment and
[00:48:07] withdrawal, they tried the step by step, netanyahu government
[00:48:11] refused, now they are trying to built
[00:48:13] zone, there are
[00:48:17] some structural problems in the security annex that makes the
[00:48:21] the framework agreement and to reach them, it's gna stop at some point, because
[00:48:24] neither Israel, neither, and there are no
[00:48:28] mechanism to force them to do this, so the agreement was was signed
[00:48:32] on the assumption that hisballah will voluntary
[00:48:35] accept, because neither Israel government
[00:48:39] can disarm by force as we saw in in the
[00:48:43] last year, so it's a very complex issue, part of
[00:48:46] it, it has to related
[00:48:48] to decision tehran because the US talks,
[00:48:52] are Libanese Israeli long decades
[00:48:55] of of tension,
[00:48:59] especially what most ofceive
[00:49:03] as continuous Israeli aggression as we see in the last
[00:49:06] strike in Beirot, just before the last spire, and we have
[00:49:10] problems inside Lebanon, which is the relation between the government
[00:49:13] and how it will be after after
[00:49:16] this, these talks or whatever is happening on the border, so
[00:49:20] those are all complex. issue, but but the framework
[00:49:24] agreement presented by the US now in this talks doesn't
[00:49:28] desolve resolve the same, the core dilemma the
[00:49:31] core problem
[00:49:33] in what's happening in souban. yeah, let me come to Romy, buse
[00:49:37] joe has mentioned this uh, alluded to this several
[00:49:40] times now, you tell us how much you
[00:49:44] think the peace process in lebanon is just
[00:49:47] contingent on
[00:49:49] the US war on Iran and the position. Iran takes
[00:49:53] and the position the US takes, I think they're directly
[00:49:56] linked, they're not only linked in short term that the Iranians are
[00:49:59] insisting that the fighting stop in Lebanon for the
[00:50:03] US, Iran and Israel, Iran fighting to
[00:50:07] stop, they're linked a very much more
[00:50:11] important and older way, which people in the west, and
[00:50:15] I think in Israel, probably, but akiva can tell us more on
[00:50:18] that, the people don't understand very well, the the...
[00:50:23] in the middle east today that are most active in
[00:50:27] resisting Israel in the US are Lebanon,
[00:50:30] Palestine, Iran. What do those
[00:50:34] four countries have in common? They are the countries that
[00:50:38] probably have been more ravaged,
[00:50:41] manipulated, occupied, humiliated,
[00:50:45] and and overall beaten up by
[00:50:49] western and or Israeli colonial.
[00:50:52] interventions in the last 120 years,
[00:50:56] Iran and Yemen, it's
[00:51:00] not by accident that these countries
[00:51:03] together continue to push back, and
[00:51:06] and saying you can't
[00:51:09] forcibly disarm somebody like Hisballah,
[00:51:13] because they've tried it in Gaza with Hamas, with a
[00:51:17] massive force destroying Gaza, and they've
[00:51:21] tried it in. on and it hasn't worked, you you so
[00:51:25] if if the Israelis and americans are
[00:51:28] and and Palestine, they're not going to get
[00:51:32] anywhere in Lebanon, that's why they've come up with this, you know
[00:51:36] sort of make believe political process
[00:51:40] in Lebanon starting in Rome, which is nice place to
[00:51:44] start buse, it's a great place to visit, but now
[00:51:47] they're really not getting anywhere very significant because they're
[00:51:51] running up against the core, issue of of
[00:51:54] Hizballah has to be involved any negotiations like the
[00:51:58] Vietnam were like the Taliban war and like Hamas was eventually
[00:52:02] you've got to sit with Hisballah and government all together,
[00:52:06] I don't think the Lebanese government will have a problem in
[00:52:10] reaching an agreement ultimately, the problem is more with the
[00:52:14] Israelis and the and the Americans and
[00:52:17] possibly the Iranians, but yes the linkages are are
[00:52:21] deep and old and they have to be appreciated.
[00:52:25] Okay, let me come to akiva then, because just quickly
[00:52:28] akiva, there's the long-term issue as
[00:52:32] well, and the question over how...
[00:52:35] motivated Israel and especially certain
[00:52:38] Israelis are to hold to the
[00:52:42] lebanese land that they are now occupying. it's still part of this
[00:52:46] greater Israel vision that one would hope with the next
[00:52:49] election will be diminished, but how serious are the
[00:52:53] chances that it won't be diminished and Israel has every
[00:52:56] motivation to keep holding to the land it's taken
[00:53:00] believing
[00:53:00] it is
[00:53:01] theirs.
[00:53:05] "the the Israeli people have lost faith in
[00:53:09] the in the kness, in the government, and
[00:53:13] this is, as I mentioned, this is something
[00:53:17] that hopefully will change in October,
[00:53:21] but we hope that the next prime minister will
[00:53:25] probably be the best chances, is Godty
[00:53:28] Isencock, who was a chief of staff,
[00:53:31] and I, I know him quite well, and..." "I
[00:53:35] believe that, unlike Netanyahu, he doesn't
[00:53:39] believe that the name the game is
[00:53:43] catch as much as you can territories, if
[00:53:46] the Hizballah will strike the
[00:53:50] Israely northern communities, then we
[00:53:54] will occupy five kilometers, then if they
[00:53:58] strike the Israeli soldiers or
[00:54:01] they undermine the Israeli occupation." along the
[00:54:05] new line, then we capture more
[00:54:08] land. this is the same thing they are
[00:54:12] doing in Gaza, holding more
[00:54:15] than 60% the territories of Gaza,
[00:54:19] and in the West Bank. Next year, we will mark 60
[00:54:23] years to the occupation the West Bank, and if
[00:54:26] you ask the Israeli, the average
[00:54:30] Israeli, who most them were born after
[00:54:33] 67, born... into the situation of
[00:54:37] occupation, they will tell you that we can't afford to give
[00:54:41] up territories because this is the only guarantee
[00:54:44] we have for our security, they
[00:54:48] will tell you, no, we are not interested in territories, it's all
[00:54:52] about security, now you need a third party here,
[00:54:56] and the Israelis have to know that there is something
[00:55:00] else that they can lose, it's not just security, and
[00:55:03] security is not, equal to
[00:55:07] territories, as Rami said, this is colonialism,
[00:55:11] and colonialism is built
[00:55:13] for me, is bad for my children, because the
[00:55:17] Palestinians or the Lebanese, more than 300 thousand
[00:55:21] people, including children and old
[00:55:24] people, will not forget what's happening in 26, it
[00:55:28] will take decades to come to terms with the
[00:55:32] existence of Israel and to believe the israel
[00:55:35] Okay, that is not what Netahu was
[00:55:38] suggesting, an extra large
[00:55:42] sparta, okay, and peace
[00:55:46] initiative waiting for us on the shelf, and we just need to pick
[00:55:50] it up. I'll tell you what, uh,
[00:55:53] we we down to our last minute and a half, so Joe, I just have to come full
[00:55:57] circle with you, because on Tuesday, as we mentioned, it was the six-year anniversary
[00:56:01] the Bayroot port explosion, and Lebanon's information minister.
[00:56:05] has said that indictments will be issued within
[00:56:08] months uh, in part because they're no longer
[00:56:12] hindered by the former government. i'm bringing this up because
[00:56:15] it is so important to talk about the state of Lebanon
[00:56:19] internally, so will the Lebanese people finally get
[00:56:23] justice and accountability, and is this finally a real opportunity for
[00:56:27] this government to deliver something to the
[00:56:30] people and build the confidence that it really needs, or do
[00:56:34] you fear? will become more
[00:56:36] divisive. I
[00:56:40] hope that I was on in the march on August 4 that
[00:56:44] went from downtown to the port and and you see the families
[00:56:47] of of of those died on that day and you
[00:56:51] see that after six years, it's not about
[00:56:55] what the the state did do or not do,
[00:56:59] but what allowed to happen that you have those natural ammonium
[00:57:02] basically that crossed all the security. person
[00:57:06] personnel in in the airport and arrived, until now not one
[00:57:10] person was was detained, not one press conference by
[00:57:14] any government official to explain the process, now an
[00:57:18] indictment is going through clearance,
[00:57:21] there's now public pressure to release it by the end the
[00:57:24] year, we are hearing that maybe there are 70 might be
[00:57:28] indicted, it's it's going to be cross political class, not
[00:57:32] only one one major political
[00:57:35] party, we have 2019 the collapse
[00:57:39] and all the what happened, so we we
[00:57:42] have a state basically who killed this people
[00:57:46] and let the financial collapse and is unable
[00:57:50] to to have clear foreign policy and protect the border, so
[00:57:53] this is defining moment, i think for the god government, for the president to
[00:57:57] basically allow to have
[00:58:01] some to make sure that there's a trial
[00:58:05] and to make sure that this not gna repeat again,
[00:58:09] because
[00:58:11] i it's hard to imagine i think what the big of
[00:58:15] explosion was on august 45. and it it could prove a
[00:58:18] unifier if handled finally with real accountability, but
[00:58:22] unfortunately Joe, we're going to have to leave it there, I'd like to thank all three of you so much
[00:58:26] for being with us on this edition the newsmakers, our viewers for joining us as well, remember you can follow us
[00:58:30] on social media and do be sure to subscribe to our YouTube channel. I'm Andrea
[00:58:34] Sanki, see you next
[00:58:35] time.
[00:59:06] Strat breaks down Turkey's place in the
[00:59:08] world, triggering power shift that is
[00:59:12] transforming volatile
[00:59:14] region.
[00:59:18] Straight talk understanding the challenges facing Turkia
[00:59:22] and how it's adapting to a changing
[00:59:24] world.
[00:59:29] Straight talk on TRT
[00:59:31] World.
[01:00:15] Hello and welcome to RT World, this is the news hour
[01:00:19] live from Istanbul, with me, Lequesa Byarak. So coming up in
[01:00:23] the next 60 minutes, we're going to be focusing our attention on this
[01:00:27] stretch of water, because Iran and Oman have
[01:00:31] reached an understanding for the straight of Homus, now
[01:00:34] reportedly agreeing on the coordinants for route.
[01:00:38] US President Donald Trump also optimistic saying that he does
[01:00:42] prefer diplomacy over war. An agreement is
[01:00:45] expected soon, we are waiting. It could ease
[01:00:49] traffic flow through the waterway, or rather start it up
[01:00:53] as well, all critical to those global supply
[01:00:56] chains. Also, today, Israel is certainly.