TRTWORLD — Across The Balkans
20260808 133000 UTC
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[00:00:00] us with them, we travel a long way to and from the center, it's
[00:00:04] of challenging with kidney disease cases projected to hit
[00:00:08] nearly 5 million by 2030. don't patients coming
[00:00:12] to hospitals like this are burdened with the rising cost of
[00:00:16] dialysis with many also struggling to access the
[00:00:19] equipment they need. new initiative in Moranga
[00:00:23] County called renal roads aims to bring treatment closer to
[00:00:27] people using specialized mobile. trucks: the
[00:00:31] country needs to come up with innovative ways of
[00:00:34] reaching to these who are far to
[00:00:38] of reach patients and that's where we've come up with the
[00:00:41] innovative mobile dialysis truck,
[00:00:44] especially in Moranga County to reach to those people who are deep in the
[00:00:48] village and who may not be able to access
[00:00:52] of hemodialysis. for Sahara and hundreds of others living
[00:00:56] outside major towns, the hope is: for
[00:01:00] treatment closer to home or one day a
[00:01:04] cure. Isadin Haji, TRT
[00:01:07] of World, Mujia County, Kenya.
[00:01:11] That is all the news for now, but before we go, we're going to leave you with some heartwarming pictures of
[00:01:15] Istanbul's ferry residence.
[00:01:17] of Today is International Cat Day. Anyone who's ever been to Istanbul will
[00:01:21] no, they are widely regarded as a defining symbol
[00:01:24] of the city's unique charm. We even have them in our news room and very
[00:01:27] occasionally here in the studio, so Moneytal. is coming up next, but
[00:01:31] first let's see the
[00:01:32] cats.
[00:01:52] of
[00:02:39] of
[00:03:00] The U.S. economy shared 23,000 jobs in July, massively
[00:03:04] missing forecasts, while Beijing is cracking down
[00:03:07] a its richest citizens offshore wealth as a
[00:03:10] of property slum train state revenues, and the
[00:03:13] of Reserve Bank of India raises over 40 billion dollars from his
[00:03:16] diaspora to defend the tumbling roopy. Hello, I'm Tayber Eiden and you're
[00:03:20] watching Funny
[00:03:21] Talks.
[00:03:31] Global stocks are staging a comeback this week after a week of July
[00:03:35] with hopes of easing US Iran tensions, boosting risk appetite and
[00:03:39] falling oil prices helping ease inflation fits. Markets around the
[00:03:43] world kicked off the new month a positive note. That's after U.S. President
[00:03:47] Donald Trump held off on what he called a planned powerful
[00:03:50] attack on Iran and signaled a willingness to
[00:03:53] negotiate, but the rally has been uneven. South Korean
[00:03:57] shares posted their seventh straight.
[00:04:00] of weekly loss as sharp swings in chips
[00:04:02] of stocks kept sentiment fragile. Meanwhile, hopes of peace in the Middle
[00:04:06] East pushed inflation
[00:04:08] in expectations lower, giving Gold its best weeks since January. Bullion
[00:04:12] a climbed around 5%, remaining comfortably above the key
[00:04:16] $400 an ounce
[00:04:18] of level. Let's get more on this now with Naim Assam, he's chief
[00:04:21] investment officer at Z. Capital markets. Welcome back to
[00:04:25] Money Talks. Naim, now tech stocks have somewhat recovered from July's
[00:04:29] a route, but South Korean stocks are still very much under
[00:04:33] pressure, why is that? Sure, thanks very
[00:04:37] much for having me as always, like I think that story is very much
[00:04:41] related to AI, and the story is very much related to
[00:04:44] KPEX, the story is very much related to the
[00:04:47] of amount of debt that these particular companies are sitting on,
[00:04:51] and more importantly, smart investors
[00:04:55] of understand one thing, and that is that this formal
[00:04:58] about these. companies driving the growth
[00:05:02] expectations, the valuations to a
[00:05:06] maturic high, the highest levels, the insane levels, the
[00:05:10] bubble levels that we have seen, can actually bring
[00:05:13] a lot of lot of
[00:05:17] crisis for the entire market because you have
[00:05:20] the same AI companies producing open source
[00:05:24] technologies from China and
[00:05:28] if China begins to dump those open sources have
[00:05:32] which have the same amount of power and
[00:05:36] analysis on the on the market then market will
[00:05:39] once again go back and then it will evaluate. whether
[00:05:43] anthropic, open AI and rest of this
[00:05:46] particular LLMs have
[00:05:50] actually those particular values under which where we are
[00:05:53] today, and lastly the most important thing
[00:05:57] is the KPEX investments that these companies continue to make, so
[00:06:01] there is huge amount of a concern around that one as well.
[00:06:05] meanwile, us jobs date to have just been released with non-farm pay rolls
[00:06:09] decreasing by 23,00 last month. to
[00:06:13] what markets had been pricing in of increase of
[00:06:16] 80,000, so what does this tell us about the current health
[00:06:20] the US economy? that's the reality
[00:06:24] check, it's simple as that, nothing more that one can add,
[00:06:27] because now anyone here was thinking that the federal reserve is going to
[00:06:31] interest rate uh really have to hide somewhere, because
[00:06:35] this is not the place where the federal reserve can actually increase interest rate when the job market
[00:06:39] is in absolutely died condition. when you have
[00:06:43] US GDP also confirming that there is a actual
[00:06:47] slowdown in the economy, but you have the US
[00:06:50] president sitting in the president office and really claiming all the
[00:06:54] victories and the record highs for the US stock market, which he can still
[00:06:58] continue to do that, in fact he will actually do that even more. the reason
[00:07:02] for that is because now the fed is being pushed into a corner
[00:07:06] under very tight condition where they cannot have any solution for
[00:07:09] inflation and inflation date. which hasn't
[00:07:13] fully reflected the surge in oil prices that we have
[00:07:17] seen, inflation data which still hasn't fully
[00:07:20] accomplish how that US Iran
[00:07:23] work situation is really going to be resolved and
[00:07:27] if that is going to lost that is a completely different animal all
[00:07:30] together, so for now that particular data has two
[00:07:34] different fingerprints
[00:07:36] on them, number one is the AI print which is clearly telling that the companies are cutting
[00:07:39] back, they are adopting AI, they are pushing some of those
[00:07:43] lower skills uh or the repetitive skills to AI models
[00:07:47] and then that has been the result, we have heard that even in the earning
[00:07:51] calls for lot these particular companies as well, but inflation
[00:07:55] expectations with respect to rate hike
[00:07:59] expectations had a really huge reality check
[00:08:02] today. naim aslam, chief investment officer at
[00:08:06] z capital markets, thank you very much indeed. years of slowing
[00:08:10] growth and a prolonged property slump have left China's public
[00:08:14] finances under strain. Now Beijing is launching a global tags
[00:08:17] crackdown on offshore assets owned by the country's wealthiest
[00:08:21] citizens. Chinese banks have been ordered to examine the offshore
[00:08:25] holdings of wealthy clients. Investigators are
[00:08:29] tracing capital gains on property, stocks and
[00:08:32] cryptocurrencies reaching as far back as
[00:08:34] 2000. Beijing is also closing key loop
[00:08:38] hole. New rules impose a 20% tax on income.
[00:08:42] From offshore trusts and insurance policies, experts say it
[00:08:46] brings a China closer to taxing residents on their
[00:08:50] worldwide income. Immigration lawyers say wealthier Chinese are
[00:08:54] now fast tracking plans to move their money and themselves
[00:08:57] overseas. After Chinese media reported the new
[00:09:01] tags, shares in Asia focused Insurer prudential fell as much
[00:09:05] as 13% in London and HSBC dropped to
[00:09:09] more than 6% before partially recovering.
[00:09:13] The push comes as state revenues have stalled revenue
[00:09:17] from land sales, once a cornerstone of local government
[00:09:20] finances has plunged by half since it's 2021
[00:09:24] peak. As result, budget revenue has largely
[00:09:27] platewed since the pandemic, slipping 1.7%
[00:09:31] most recently, forcing Beijing to look elsewhere for
[00:09:35] cash. Amit Kumar is a research analyst
[00:09:39] at the Taxishila Institution's jew strategy program. He says
[00:09:43] the move is part of China's march pledge to pursue more active fiscal
[00:09:47] policies after the economy entered
[00:09:49] deflation. The way I see it is, it's a
[00:09:53] wide and extensive tax collection effort to raise revenue.
[00:09:57] Now if you remember in March this year, during the two sessions of Chine
[00:10:00] leadership, they said that they want to adopt a proactive
[00:10:04] fiscal policy and expansionary maconomic strategy, which would
[00:10:08] include both ball string counter and cross cyclical adjustment.
[00:10:13] but you need to also remember that this came against the backdrop of
[00:10:17] 11 consecutive quarters of deflation, so the question really
[00:10:20] was where to the Chinese get the get the money from now, as you
[00:10:24] pointed out, pressing the problem was that revenue is a percentage of
[00:10:28] GDP has itself dropped by huge margin,
[00:10:32] so for for instance
[00:10:33] in 2019 it was somewhere around 21%, it has come down to about
[00:10:36] 16.5%, and
[00:10:39] that itself is a larger reflection of dropping tax as a percentage
[00:10:42] of GDP, which again in
[00:10:46] again, the numbers are somewhere around the one that we used to see
[00:10:50] during 2000,
[00:10:52] so the china's tax to
[00:10:53] GDP collection is somewhere where... right now is equal to what it
[00:10:57] was back in 2000 right, so that's a clear problem
[00:11:00] and therefore you saw the leadership acknowledge that seriousness the issue and overall tax
[00:11:04] burden has
[00:11:06] to be kept appropriate level and the pointed out that taxation policies
[00:11:10] and income generated from business operations, capitals property,
[00:11:13] they need to be targeted, but as to your question as to whether this will
[00:11:17] have an impact or not i think in isolation not so
[00:11:21] much, but if it's a wider effort it might you might see some
[00:11:25] changes, but it still is, it will still not be enough to
[00:11:29] make up for the shortfall that you now see in their annual
[00:11:32] budget reports, the economy will have have to pick
[00:11:36] up for these changes to show up right, these mind
[00:11:40] adjustments into economic on taxation policy and
[00:11:44] taxing the wealthier class would itself not make a big
[00:11:47] tent and would not make a big difference to the problem that the chinese are
[00:11:51] facing right now, meanwile china has retaliated.
[00:11:55] against the latest US tariffs announced by President Donald Trump two weeks
[00:11:58] ago, it's imposing export controls on US made drone and
[00:12:02] sanctioning six other companies, saying the US has harmed
[00:12:06] China's legitiment rights and economic interests. Emra Boz has the
[00:12:10] story. Traffic here a
[00:12:14] US port continues as usual, but shipments from China
[00:12:18] may soon become less frequent. That's after Beijing announced
[00:12:22] retaliatory measures, just days after the US imposed fresh
[00:12:25] duties on China and 59 other countries. The US says
[00:12:29] the countries on the list are those accused of violating labor laws
[00:12:33] for China's officials to step too
[00:12:36] far. China's position on
[00:12:40] China US economic and trade issues is consistent
[00:12:43] and clear. We oppose all forms of unilateral
[00:12:47] tariff measures, tariff wars and trade wars are not in the
[00:12:51] interests of any party, but China has now imposed.
[00:12:55] more export controls than US drones, their components, and related
[00:12:58] technology. They've also imposed counter measures on six US
[00:13:02] businesses, including biotech company applied DNA sciences
[00:13:06] and geoscience research firm Stratom reservoir. China
[00:13:09] says those on the list support US sanctions related to
[00:13:13] Shinjang. They've also said Washington is willfully seeking to
[00:13:16] suppress Chinese companies. Last year, the US-China
[00:13:20] tariff war continued escalate month by month, what began
[00:13:24] as baseline tariffs. of 20% each incrementally got
[00:13:27] higher. the US began with a tariff in February which it
[00:13:31] described as punishment for fentinal flow into the US with
[00:13:35] China responding on US agricultural goods. the peak the tariff war
[00:13:38] was in April with Trump announcing what he called liberation day,
[00:13:42] hitting China's goods with 125%.
[00:13:46] China then counted, imposing 125%
[00:13:49] duties on all US imports. eventually on May
[00:13:53] 14th, both nations in Geneva to reduce
[00:13:56] reciprocal surcharges. Washington is yet to respond to this
[00:14:00] latest Chinese move, but there are fears of another tit for tat
[00:14:04] escalation. Emer Bors, TRT
[00:14:07] World. The Reserve Bank of India has raised billions of
[00:14:11] dollars from its citizens living abroad in just eight weeks
[00:14:15] in order to prop up the sliding roopy. It comes after the government
[00:14:19] announced a campaign in June to lure foreign exchange from
[00:14:23] its overseas citizens. "the call to action has raised
[00:14:27] $40.8 billion dollars. the rupy has been a
[00:14:30] downward trend with rising oil costts swelling India's import
[00:14:34] bill. there has been a heavy and continuous demand for dollars as
[00:14:38] importers have converted the rupee into US dollars to pay for
[00:14:42] crude. the rupee has weakened by 6%
[00:14:46] against the US dollar this year, making it one of Asia's worst
[00:14:50] performing currencies. analysts say the country is on track for
[00:14:53] its third straight..." fiscal year of a balance of payments
[00:14:57] deficit with imports rising more than
[00:15:00] exports. on Wednesday, the Reserve Bank of India held interest
[00:15:03] rates at 5.25%, and by holding
[00:15:07] them steady officials signaled measures to attract capital and
[00:15:11] support group. one them is through swap
[00:15:14] auctions, that's where two currencies are exchanged
[00:15:18] simultaneously, a specific date with an agreement to
[00:15:22] reverse the transaction a pre-agreed. state in the
[00:15:25] future, the method helped attract over $4 billion dollars into
[00:15:29] the central bank's foreign
[00:15:31] reserves. swaran sing
[00:15:34] is a professor of international relations at jawahar. Nehru
[00:15:38] University, he explains how the move is propping up the value the
[00:15:42] rupee, so fundamentally it's using the foreign
[00:15:46] currency of non-resident Indians, which is in
[00:15:50] terms of an interest arbitrage money which comes
[00:15:53] into India, which fundamentally means a staggering or
[00:15:57] postponing that repayment liability to
[00:16:01] ensure stability in Indian
[00:16:04] currency, but this is also uh possible
[00:16:08] because India now has about 34
[00:16:11] million overseas people of Indian
[00:16:14] origin and non-resident Indians
[00:16:17] abroad who have shown enormous interest in Indian
[00:16:20] economy which is growing fairly
[00:16:24] rapidly. In fact, if you look at the Gulf
[00:16:28] crisis, how they have impacted much the
[00:16:32] economies that are dependent on gulf oil,
[00:16:35] particularly the free floating. import dependent currencies
[00:16:39] of South Korean One or Japanese
[00:16:43] yen or Indian rupee, they have been impacted, also
[00:16:46] growth rate are impacted in these countries. I understand that growth
[00:16:50] rate in Japan is burst impacted between 0.6 to
[00:16:54] 0.9%. South Korea is hovering around
[00:16:57] 2.6%, but their currency is facing
[00:17:00] depreciation lowest in last 17 years, so also
[00:17:04] India. In fact, Chinese growth rate is now at 4. 4%
[00:17:08] and in that comparison, India's growth rate of
[00:17:11] 6.3% is what makes a non-resident
[00:17:15] Indians have that confidence in putting that money
[00:17:19] when Reserve Bank of India, which
[00:17:21] is central bank of India calls for such kind
[00:17:25] of a unusual way of raising money, it's a stop
[00:17:28] gap arrangement, it's not something that can sustain by
[00:17:32] itself, but good sign is that India has about nearly
[00:17:36] 700 billion. dollars of foreign exchange reserves that gives it
[00:17:40] certain confidence, but fundamentally the lesson lies
[00:17:44] that the Gulf crisis must come to an end and at
[00:17:47] home India will have to also deal with the
[00:17:50] inflation, balance of payments, current account deficit
[00:17:54] issues, it's a it's a stop cap arrangement which has worked
[00:17:58] fine, but it can't sustain, it is only buying time to to the
[00:18:02] government of India to deal with more substantial issues. the United
[00:18:06] States is calling on Kosovo to join its liquified natural gas
[00:18:10] project in the Balkans, but Kosovo remains the only country in
[00:18:14] the region yet to give final answer. As the government looks for
[00:18:18] ways to limit infrastructure costs, pressure is growing for a quick
[00:18:22] decision a project seen as more than just an energy
[00:18:26] issue. Haris Ademi has
[00:18:27] more. Kosovo is at the
[00:18:31] center of geopolitical competition between United
[00:18:35] States and Russia. so a Trump
[00:18:38] administration plan aims to reshape the Balkan energy
[00:18:42] roots by building a network to bring American
[00:18:45] liquified natural gas into Europe as an alternative to
[00:18:49] Russian supplies. Albania, Croatia and Bosnia and
[00:18:52] Herzegovina have already signed multi-billion dollar deals
[00:18:56] tied to the plan. Kosovo is the only country in the
[00:19:00] region yet to clarify its position. Prishtina
[00:19:04] says it's considering the plan but seeks lower costs.
[00:19:08] Vlora Pipeline in Albania, an idea not backed by
[00:19:12] the US. Kosova
[00:19:14] via the would like to be part of this initiative through a
[00:19:17] partnership with Republic of Albania, more specifically
[00:19:21] the energy hub that is planned in Viora where
[00:19:25] LNG is imported
[00:19:28] and electricity is produced. This
[00:19:31] way, because Kosova has no gas infrastructure,
[00:19:35] this enables us to be... part the project and to make
[00:19:39] use the US LNG in our energy
[00:19:42] security and in our energy mix a way
[00:19:46] that does not require the construction of
[00:19:50] new infrastructure and skills from scratch.
[00:19:54] Some critics say Kosovo should respond to the US call
[00:19:58] without conditions, arguing the issue goes beyond
[00:20:01] energy and signals a long-term partnership with
[00:20:05] America. This is clear job. political choice if we
[00:20:08] refuse the LNG gas or not, this is not a technical
[00:20:12] debate of gas and coal, this is a geopolitical,
[00:20:16] strategic decision which Kosovo has to take, we have to make
[00:20:20] decision as soon as possible and not become a strategically
[00:20:23] isolated island. Beyond the economic
[00:20:27] benefits, the American Chamber of Commerce says the LNG
[00:20:31] project could also strengthen Kosovo's national
[00:20:34] security. We import lot of energy. and
[00:20:37] sometimes maybe the the exact source of that particular energy that we
[00:20:41] import in the country is unknown or might have linkages
[00:20:45] to Russia as well, it's a matter of national defense, national
[00:20:49] security. and more importantly again
[00:20:52] of taking the right side in these current
[00:20:56] geopolitical developments. Kosovo generates most of its
[00:21:00] electricity from coal and relies heavily on
[00:21:03] imports, particularly during winter. According
[00:21:07] to data, Kosovo has spent nearly $850
[00:21:11] million dollars importing energy from neighboring
[00:21:15] countries, but it doesn't buy directly from
[00:21:18] Moscow. Kosovo. now faces an important
[00:21:21] strategic choice with the decision still pending, the
[00:21:25] question is whether Prishtina will act quickly or
[00:21:29] risk losing its chance to join the project.
[00:21:32] Harisa Demi, TRT World, Prishtina,
[00:21:36] Kosovo. Recent drone attacks on logistics
[00:21:40] hubs used by Russia's largest online retailer wildbreez
[00:21:44] have disrupted operations and forced the company to redirect
[00:21:47] shipments. The company is now expand. its logistics network
[00:21:51] into neighboring Kazakhstan, but analysts say thousands
[00:21:55] of small businesses that depend its warehouses could also take
[00:21:59] a hit. Dasha chanishova reports from
[00:22:01] Moscow. For thousands of small
[00:22:05] businesses, online shops are the sensor their entire operation,
[00:22:09] from warehousing and logistics to deliveries. Maxim Papov sells a wide
[00:22:13] range of goods through Wildburies, which is widely seen as Russia's answer to
[00:22:16] Amazon. He says drone attacks have exposed. how vulnerable
[00:22:20] small businesses can be when they depend heavily a single logistics
[00:22:24] network, although he expects the company to
[00:22:27] recover. we are lucky that we
[00:22:30] stored only a small share of our goods at marketplace
[00:22:33] warehouses. we know how to adapt, plus we don't have heavy
[00:22:37] credit burden, that will help us lot. those who had 80 to
[00:22:41] 90% their goods destroyed and bought that inventory with
[00:22:45] borrowed money are in very difficult situation. for
[00:22:48] many businesses even brief disruption can create serious cash flow
[00:22:52] problems with inventory trapped inside damaged warehouses, sales
[00:22:56] stop while storage fees, supplier payments and other operating
[00:23:00] costs continue to fill up. small and
[00:23:04] medium-sized businesses could suffer the most because their
[00:23:07] entire business model depends on infantry
[00:23:10] turnover. many bought their goods using borrowed money
[00:23:14] and if they can't maintain the sales volumes they originally
[00:23:18] planned, they
[00:23:19] may struggle to... repay those loans, the impact extends beyond
[00:23:23] salaries: re-rooted shipments mean thousands of independently
[00:23:26] operated pickup points are seeing fewer deliveries and lower customer
[00:23:30] traffic, but there are now plans to build additional warehouses in neighboring
[00:23:34] Kazakhstan and Belarus and strengthen security to make supply
[00:23:38] chains more resilient. this could affect the range of
[00:23:42] products available on the marketplaces and push up prices for some
[00:23:45] goods, but it won't fundamentally change the platform economy. online
[00:23:50] marketplaces remain Russia's dominant retail sales
[00:23:53] channel, and so we're more likely to see
[00:23:57] redistribution of sales than a collapse the system.
[00:24:00] Analys say Russia's well established trade links with China could help
[00:24:04] replace many low cost imported goods, limiting longer term
[00:24:08] disruption for consumers. Recent drone strikes come a time when
[00:24:12] companies are already facing high borrowing costs and higher taxes,
[00:24:16] so any prolong disruption could add further pressure to one of frutest.
[00:24:25] weeks of extreme heat and dry weather have left two of Europe's most
[00:24:29] important rivers facing severe water shortages with economic
[00:24:33] consequences for industries ranging from german chemicals to
[00:24:37] italian ceramics to has
[00:24:40] more. Europe's Ryan rivers are becoming a
[00:24:44] growing business risk. In Germany
[00:24:47] the Riina has fallen to any year record loss after. weeks of dry
[00:24:50] weather, stretching 1,230 km
[00:24:54] across western Europe is Germany's main commercial artery,
[00:24:58] carrying hundreds of millions of tons of coal, crude oil
[00:25:02] and grain every year, but falling water levels mean
[00:25:06] vessels can carry only a fraction their usual
[00:25:09] cargo. With normal water levels a rhine barge
[00:25:13] can carry around 500 containers. Currently that capacity is down
[00:25:16] to just 20%, meaning only 100 containers. that leaves
[00:25:20] 400 containers sitting idle somewhere, while the 100 that can be
[00:25:24] transported become much more expensive to ship. in Italy,
[00:25:28] the poor river is also running low. the poor plain
[00:25:32] is one of Europe's most concentrated manufacturing regions
[00:25:36] and italy's agricultural backbone. water
[00:25:40] shortages here don't just hurt farms, they hit factories
[00:25:43] too. thesetia, one the po's main tributaries,
[00:25:47] runs through the heart of Italy's water intensity. ceramics
[00:25:50] industry, manufacturers rely heavily on water to
[00:25:54] grind raw materials and clean
[00:25:56] equipment. geographic concentration, that is the
[00:26:00] industrial cluster effect, is
[00:26:02] the most most important characteristic of ceramic manufacturing, over
[00:26:06] 90% of tile production is concentrated within 20 square
[00:26:10] kilometers, enabling companies to form synergies in water
[00:26:13] recycling, waste recycling and technology research and
[00:26:17] development, but the machinery, textiles and
[00:26:20] pharmaceuticals have different water quality requirements and the
[00:26:24] cost of new equipment remains a financial barrier for
[00:26:27] smaller companies. water recycling systems and waste water
[00:26:31] treatment equipment. are not widely adopted among small and
[00:26:35] medium enterprises because they require significant capital
[00:26:39] investment, infrastructure investment and sufficient construction
[00:26:42] space. two rivers, two countries, one shared
[00:26:46] problem, europe's drout is turning water shortages into direct
[00:26:50] economic costs. as extreme weather becomes more
[00:26:54] common, investing in alternative transport and water recycling
[00:26:58] systems is becoming business necessity,
[00:27:02] to TRT World: President Xavier Mile's
[00:27:05] economic overhaul in Argentina has hit another major road
[00:27:09] block. Clashes erupted outside the Senate as thousands
[00:27:13] protested a controversial private property bill aimed at
[00:27:17] attracting investment. The legislation would streamline
[00:27:20] evictions, change rural land use rules and make it
[00:27:23] harder for the state to seiz private property. The government
[00:27:27] has already dropped a provision that would have eased the foreign land
[00:27:31] purchases, but opponents say the bill could still put
[00:27:35] too much of argentina's land in private
[00:27:38] hands. today we are here because what the
[00:27:42] government and the sell outs to accompany them intend is to hand over our
[00:27:45] country and to sell our country. what they want with the slov is for
[00:27:49] Argentina to stop belonging to Argentines. they want any state or
[00:27:53] person to be able to come to Argentina and buy land and when we say by
[00:27:57] land we mean by our resources, by the vulture, by our hills, by
[00:28:01] everything. absolutely.
[00:28:10] Argentina is not for sale and we as argentinas are
[00:28:14] present here in the rain to fight
[00:28:16] a sold government, a government that wants to sell our homeland to the
[00:28:20] highest bider, not to whoever has the best money, not to
[00:28:23] whoever has the most money, our homeland should not be handed
[00:28:27] over to any foreign power.
[00:28:31] I'm here because we have. to defend not just the land, but
[00:28:34] everything. i'm a special education teacher, they made terrible cuts to
[00:28:38] disability services and it's not just about
[00:28:41] disability, it's about people's
[00:28:43] salaries. well, that is all from money
[00:28:47] talks for now, from me and the whole team here in Istanbul, thanks for
[00:28:50] watching.
[00:30:09] United in their defense, Turkia, Saudi Arabia and Pakistan
[00:30:13] sign new collective security
[00:30:15] pact. Hi there, warm welcome to TRT
[00:30:19] World, live from Istanbul, with me, Neil Harvey, also ahead this
[00:30:22] hour. Iran's foreign minister says his country is very
[00:30:26] close to reaching an accord with a man a new shipping breath through the straight of
[00:30:29] hormouse. Russian strikes
[00:30:33] killed three people, including a child around the capital. Kiev as president
[00:30:37] Zelensky meets his Serbian counterpart on his first official
[00:30:41] visit to Belgrade. And Colombia's
[00:30:44] new right-wing president is sworn in and immediately banked with a one
[00:30:48] billion dollar security pledge from the
[00:30:50] US.