Google Speech-to-Text API Automatic Transcription (Chirp). Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:12in
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00:01:30from the Turkish capital Ankara, so Hasan, tell me what is to
00:01:33do out for for you from the press
00:01:35of conference? Well, Jafar, I
00:01:39think we can divide their
00:01:41of talks
00:01:41in a number of areas, so first of all, you've got
00:01:46of of regional security, of of of they've talked about two important areas, the situation around Iran and the straight of hormos and then you've
00:01:50got the Russia, Iran war, as far as the straight of hormos is concerned, the
00:01:54two foreign ministers talked about the steps that they can
00:01:58of take to contribute to work, the opening of straight of
00:02:02hormos and they talked
00:02:04of
00:02:04of about uninterrupted movement of vessels there, he said that the
00:02:08status quo that existed
00:02:10of before the attack on Iran, that status quo needs
00:02:14to be restored. They
00:02:15of also discussed Russia Ukraine war and we heard from the Turkish foreign
00:02:19minister, he talked
00:02:21of about how maritime security in the Black Sea region is threatened as
00:02:25a result of this war that has been going on for more than four and a half
00:02:28of years and he said Turkey is taking all diplomatic steps
00:02:32to try and deescalate the situation. He talked about
00:02:36how energy security is threatened as a result of this
00:02:39war and how global economies has been suffering. Now of
00:02:43course, talking about energy security, they also talked
00:02:47in about the bilateral steps Turkey and Azerbaijan have been
00:02:50taking and can take to strengthen energy security, that of
00:02:54course links
00:02:55of to regional connectivity. They talked about the Nachshivan
00:02:59corridor. and the challenges that are currently
00:03:03of of there
00:03:05of of in of linking mainland Azerbaijan directly to Turkey, the Turkish foreign minister said that that's going
00:03:09to
00:03:11of of benefit of not just the entire Turkic world, but Asia broadly connecting directly to
00:03:15a Europe, it's going to improve trade between
00:03:19continents, and it's going to have a positive impact on energy
00:03:23of security for the world as well, and of course then there was the
00:03:26of
00:03:26of bilateral dimension in
00:03:28of terms of trade, they've set a target of...
00:03:30of 15 of billion dollars, they've achieved about a half of that, and they've
00:03:34of talked
00:03:34of about sectors where the two countries can increase imports and export,
00:03:38they've also discussed
00:03:39of defense
00:03:40of cooperation saying that the two countries have achieved a fair bit
00:03:43together, but there are areas where they plan
00:03:46in to increase cooperation, and we also heard the
00:03:50of turkeys forum minister hakan fadan once again
00:03:52of reiterate Ankara's position on what's going on in the region, he once
00:03:56again called for freedom of navigation in the straight of hormoon.
00:04:01of Absolutely, the Turkish position has
00:04:05been that any blockade, any restrictions around the straight of
00:04:09hormos or other choke points for that matter are
00:04:12unacceptable, the Turkish foreign
00:04:14a minister
00:04:15of in this meeting, I understand discussed the steps the two countries can take and
00:04:18how they can use their
00:04:21of diplomatic muscle to try to convince their partners, now of
00:04:25course uh while they didn't name anyone in the case of
00:04:28a Azerbaijan there are certain... is a certain degree of strong relations that
00:04:32Azerbaijan has with Israel, so there's that leverage that
00:04:36Azerbaijan can perhaps bring into the equation, while they didn't
00:04:40mention
00:04:40of that, of but I understand that perhaps this is one
00:04:43of the dimensions the two would have discussed, the Turkish
00:04:46position is that the United States has pivotal role to play in this regard
00:04:50in trying to get Israel to
00:04:54not take certain steps that Turkia sees as destabilizing the
00:04:58region, fascinating,
00:05:17"the fighting between Yemen's Hooti group and Saudi pack forces is
00:05:21spreading with both sides continuing to launch attacks overnight is sparking
00:05:25fears of a full-fledged war. Three people including two children
00:05:29have been killed in Saudi Lad coalition air strikes in Yemen's Thais
00:05:32province. That's according to Huti Run Media. Two others have been injured
00:05:36a strikes elsewhere. Saudi Arabia said it would
00:05:40respond firmly to who the attacks that injured. 13 civilians in three Saudi cities on
00:05:44Monday. Earlier, Riad had issued emergency alerts in six cities
00:05:48before later declaring the danger had passed. The alerts come as
00:05:52the hoothies advance along Yemen's red sea coast towards the
00:05:55babal
00:05:57mandap straight, which is key global shipping
00:05:59route. At least
00:06:02125000 people have been displaced and more than 200 people have fled
00:06:05to, that's since the start of September, according to the United
00:06:09Nations. Insecurities restricting human. access and supplies
00:06:13are running low, we walked on foot at
00:06:17night after sunset from up, we were
00:06:21then told that the road was closed and that we had to return to mokha, so
00:06:25we went back, we had absolutely nothing with us, no food,
00:06:29water, nothing, everything was shut down, the bullets were flying
00:06:33over heads like rain, we appeal to the humanitarian
00:06:36organizations and the international community to
00:06:39intervene and provide shelter for these families. and
00:06:43ensure that they receive food, water, clothing and
00:06:46accommodation
00:06:50has the latest from the yemini capital. the current
00:06:53development, what we are witnessing, the continuation the
00:06:57air strikes on areas under the control of his in
00:07:00particular, according to hoti media outlets, they said that
00:07:04the air strikes have targeted regions
00:07:07in and also,
00:07:11they also mentioned that the... other air strikes have targeted
00:07:14the the governmental compound in
00:07:18the
00:07:19mud khadir district in tazs especially also the continuation
00:07:22the air strikes that continue on the
00:07:26areas that have been recently taken on by the his in
00:07:30particular the mokaport city where they have
00:07:34targeted lubab and also they targeted alkhukha which is to
00:07:38the to the to the north the
00:07:41mocapot city. uh which was also recently taken
00:07:45by the his in their advance towards the most
00:07:49important and strategic coastal port city of muka,
00:07:52also the other air strikes also are taking place in other regions,
00:07:56but so far the hies continue to
00:08:00reach attacks against Saudi Arabia, but so far the recent
00:08:04declaration by the houthies during his pressa, he mentioned that they have attacked
00:08:08the king Khalid air base in khamis musheid and
00:08:12also at type they accuse Saudi Arabia the the continuation their
00:08:16attacks on their positions and they threaten that they will would
00:08:19further escalates and further attack the the
00:08:23Saudi oil facilities and also ports
00:08:26in in retaliation to what they say for the
00:08:30Saudi continue continued blockade on their areas and their seaports
00:08:34and also we are witnessing also the
00:08:37the the the continuation the international
00:08:41internationally recognized government. forces uh advanced
00:08:44towards the areas under the control thehies, the
00:08:48recent which
00:08:48of was their advance towards the uh the region
00:08:52the district of shamayatin.
00:08:56Iran's media reports that two fishing boats were targeted a drone attack off the
00:09:00country's southern coast, leaving number of fishermen missing. meanwhile Iran's revolutionary
00:09:04guard says an oil tanker exploded and caught fire after hitting mines in
00:09:08prohibited areas in the state of hormos, but the US military
00:09:11disputes that... claim saying that the Panama flagged vessel was hit
00:09:15by an Iranian missile last month and is struck again by a drone
00:09:19while sitting in waters off the coast of oman. the
00:09:23world's most important oil shipping lane has been mostly shut down
00:09:26since the start the war, pushing energy prices to their highest
00:09:30levels in recent years. whereas atami has the latest from the Iranian
00:09:34capital. conflicting narratives continue
00:09:38since this war started, we have heard so many conflicting.
00:09:42narratives from Iran and the United States, basically now the United
00:09:46States Trump himself is saying that the straight has been
00:09:50cleared of minds, but the IRGC says that this trade
00:09:54is not cleared of minds, and the latest
00:09:57statement by IRGC says that vessel, this is
00:10:01algaya vessel, a panamanian flagged
00:10:04tanker hit a naval mine in the
00:10:08southern corridor the straight of horm, we know this southern corridor.
00:10:13has
00:10:14been a bone of contention between Iran and the United States,
00:10:17Iran does not approve of this southern lane that has been
00:10:21designated by Oman and the United States. so the
00:10:25IRGC says that that vessel hit a mine over there,
00:10:29but the sendcom, the US military says
00:10:32that the reason for the attack,
00:10:36mean the attack was due to a drone a drone, an iranian drone
00:10:40hitting this vessel, not a naval mine.
00:10:44separately, Iran has reported attack on
00:10:47fishing boats, civilian fishing boats off the port
00:10:51of Kargan, this is a port along the... the
00:10:55eastern uh coast of
00:10:59Iran the straight Formus. says several fishermen have gone missing as result of
00:11:03that attack which Iranian media has attributed to the
00:11:07United States. And we have heard on so many
00:11:10occasions, Iranian officials reporting civilian
00:11:13casualties as result of US air
00:11:16strikes. The the last major one happened earlier this
00:11:20month when a US strike according to Iranians hit
00:11:24a wedding. in the city of Kuhastak
00:11:27along the straight of
00:11:29horm. Turkish president, the
00:11:33one says Ankara is stepping up its role addressing challenges facing the
00:11:37region and the wider Muslim world, pointing to rising tensions in the
00:11:41gulf region. He says
00:11:42Turkey is recent defense initiative with Saudi Arabia and Pakistan sends a
00:11:46strong message of greater regional
00:11:47cooperation. For
00:11:51years we have said the world is bigger than five. continue to
00:11:55say so, but we did not stop there. we also said there a
00:11:59more just world is possible. how is it possible? we are currently
00:12:03following what is happening in the straight of horm, and it's not just situation
00:12:07in the straight of horm. as you look around, there are serious problems in
00:12:11many parts the gulf, and where are the bottle necks caused by these
00:12:14problems? the muslim world. as turkia, we say that we want the
00:12:18muslim world to overcome these difficulties as soon as possible, and to
00:12:22help overcome them, has now stepped up. role in the region
00:12:26and will continue to do so, we cannot take this lightly because expectations
00:12:30from Turkey are very high. remember why we took the step regarding the
00:12:34defense pact in Riad and Mecca. Saudi Arabia,
00:12:37Pakistan and Turkey came together and took a
00:12:40step. The purpose of this step is for these three countries to come
00:12:44together and God willing send a signal from here to the Muslim
00:12:48world. There are positive developments and we will achieve this as
00:12:52well. To Gaza now where. overnight drone strikes
00:12:55and sniper fire half killed at least one person across Gaza City in the northern
00:12:59camps, officials reported that a pre-dawn drone strike hit Gaza
00:13:03city leaving two people wounded on Monday
00:13:06separate series of strikes killed a senior hamas military commander in
00:13:10northern Gaza. Gaza's health ministry says Israely attack since the
00:13:14seasfire took effect in October last year, have killed more than
00:13:171,370
00:13:19Palestinians. Former Columbia University student
00:13:23and pro Palestinian activist. Mahmoud Khalil has filed a lawsuit against
00:13:27the university and one of its teams, allegging discrimination against
00:13:30Palestinian students. Khalil was arrested by immigration agents in March
00:13:34of 2025 after taking part in protests against
00:13:38Israel's war on Gaza. He was detained
00:13:41for 104 days. Khalil accuses Colombia of laying the
00:13:44ground work for the Trump administration to target him. We
00:13:48are suing because no students, regardless their
00:13:51background should go through. the
00:13:55hell that Colombia put us through over all these
00:13:58years. A year and a half since my unlawful detention, Colombia has not
00:14:02reached out one time to offer any support to me.
00:14:06On the contrary, they barred me from
00:14:09campus, the only time they emailed us was actually to
00:14:13ask us to leave Colombia Housing. It is time to
00:14:17hold those who discriminate against Palestinians
00:14:20accountable.
00:14:26"Turkey and Somalia have developed a strategic partnership, bringing together security,
00:14:30defense, humanitarian assistance, trade and energy. For more than
00:14:34decade, Ankara has supported Somalia's efforts to reinforce its security and
00:14:38estate capacity. Let's take closer look at that.
00:14:42In 2011, the then prime minister, Richard Typ
00:14:45Erdogan, visited Mogadishu during devastating drought
00:14:49and humanitarian crisis. Ankara subsequently
00:14:53expanded its humanitarian and development assistance while also
00:14:57deepening political and economic ties. Since
00:15:002013, Turkey has also played a facilitating
00:15:04role in talks between Somalia and the Somaliland
00:15:08administrations. Turkey supports the
00:15:11development of Somalia's security institutions through military
00:15:15training, capacity building and defense cooperation.
00:15:19The turksom military training facility opened in September
00:15:232017, providing. training to Somalia's armed
00:15:26forces. In February 2024, Turkey in
00:15:30Somalia signed a Defense and Economic Cooperation framework
00:15:33agreement, boosting bilateral cooperation in security and defense.
00:15:38Trade between Turkey and Somalia covers a wide range of products,
00:15:42including food, machinery, construction materials,
00:15:46pharmaceuticals and other manufactured goods. Turkish companies are
00:15:50also active in areas including construction, infrastructure,
00:15:54logistics and services. In March 2024,
00:15:57Turkey and Somalia signed agreements establishing a framework for
00:16:01cooperation in oil and natural
00:16:03gas. In 2024, Turkey
00:16:07petroleum and the Somali petroleum authority signed an agreement for
00:16:11offshore oil and gas exploration and production. The following
00:16:15year, hydrocarbon exploration and production onshore
00:16:19were added to the agreement. In January, Turkey and Somalia signed a
00:16:22protocol aimed at strengthening economic and commercial
00:16:26cooperation. Now, Russia and Ukraine
00:16:29exchanges strikes overnight targeting critical infrastructure on both sides. A
00:16:33Russian drone attack killed one person and knocked out power in parts of Zapurit.
00:16:39the mayor of Ukraine's capital says a drone hit a petrol
00:16:42station in the in Keeve early on Tuesday injuring one
00:16:46person in the Black Sea. vessels carrying military supplies to Ukraine were
00:16:50hit while port infrastructure in Odessa also came under
00:16:53attack. Russian authorities also reported attacks targeting
00:16:57e-commerce warehouse in Tagonrog and industrial
00:17:01facility in Samara region. The
00:17:05US Supreme Court has blocked President Donald Trump's attempt to tighten mail in
00:17:09voting rules, just to weeks before November's mid-term elections, the High Court
00:17:12rejected emergency request from the administration allowing states
00:17:16to keep their existing ballot systems. The white house wanted to block
00:17:20mail and ballots from voters not on lists provided in advance to
00:17:24the US postal service, but critics argue the president lacked the
00:17:28authority to rewrite election rules at the last minute.
00:17:31Nearly a third of US voters use male ballots making the decision
00:17:35important in the race for. control of
00:17:37congress now tech giant anthropic, the
00:17:41company behind the AI assistant cloud is calling for governments to consider
00:17:45mandatory regulations including a potential kill switch for AI
00:17:48systems. President Donald Trump says it is all a hawks and opposes
00:17:52the restrictions. The debate was triggered after former Open AI
00:17:56and enthropicast staff raised the alarm that AI is getting out of
00:18:00control and could gamble with our lives. Christinach
00:18:04reports. They assister.
00:18:09They can also dance, compete,
00:18:13even for the jobs that traditionally relied on the human
00:18:17touch, but the fast advancement of
00:18:20artificial intelligence is also raising safety
00:18:24question. I've worked in AI for 10 years and the whole time,
00:18:28every year I have been saying this technology is incredibly
00:18:31powerful,
00:18:32it is getting more powerful by the day, and the window to act when you
00:18:36have a small number of... that can build it because it's still very
00:18:39expensive is so narrow,
00:18:41it is few years, we are in this window now, the
00:18:45co-founder of Anthropic, one the largest tech companies in the
00:18:48world says law makers across the globe should
00:18:52introduce kill switch policy, that's when you can get a
00:18:55policy regime in place that can prevent accidents and it can
00:18:59prevent the technology spiraling out of control, tech titans including
00:19:03elon musk and open AI chat gpt creator,
00:19:19H200 chips to approved customers in China on the
00:19:23condition that Washington receives a
00:19:2525% cut the revenue he's calling the
00:19:29safety warnings a hoax saying the development of AI
00:19:33and data centers is bigger than oil the AI
00:19:37debate. was sparked last week after anthropic AI
00:19:40researcher quit and then posted viral
00:19:44warning that AI could wipe out humanity within the
00:19:48next decade. we really are on the cusp of recursive self-improvement, as it's
00:19:52called in AI, where AI is used to train new AI,
00:19:56cutting the human out entirely, like
00:19:57robot doesn't have to kick in your door
00:19:59and shoot you. it has to simply destroy the systems that keep us alive in modern
00:20:03society. so imagine that all of those systems go down simultaneous.
00:20:08right, that's a mass casualty event, some hollywood movies such as
00:20:12irobot and the terminator show machines turning
00:20:16against us humans, of
00:20:19course that's cinematic fiction, but it
00:20:23raises very real questions, will AI safety
00:20:26and regulations be enough to avert the risk it
00:20:30already poses to
00:20:32people. trt
00:20:35world. is capital, people have
00:20:39taken to the streets as parliament opens its doors, the rally targets a
00:20:42proposed constitutional change that could let president
00:20:46felix Shikasi run for a third term. Osper
00:20:50Harry has the story: in Democratic Republic of
00:20:53Congo, in recent months, there is debate
00:20:57about the constitutional change, and then in
00:21:01Democratic Republic of Congo, President Chisekedi
00:21:04the country has stated that,
00:21:08if Congolese people allows him to run for a
00:21:12third term, he might not exclude that
00:21:15possibility, and after his announcements, there are
00:21:18terms in Democratic Republic of Congo,
00:21:22especially opposition leaders are calling
00:21:25Congolese people to go into the street to show
00:21:29their opposition or to show their protest against
00:21:33the possibility the President of Democratic
00:21:37Republic of Congo to run for the third term, while
00:21:41Constitution of Democratic Republic of Congo allows
00:21:45only two terms or two 10 years for
00:21:48President. who might be in charge of ruling
00:21:52of democratic republic of Congo, this
00:21:55week, opposition leaders are calling for
00:21:59populations especially in all the country and in
00:22:02Kinshasa to go into the streets,
00:22:06while this time
00:22:07it is the start of parliament recession,
00:22:11and many believe that the matter of constitutional
00:22:15change might be at the center of discussions
00:22:19and
00:22:43and now let's take a quick look at some other stories making headlines around the
00:22:47world, funerals have been held for 20% four children killed
00:22:50in fire in the city of bukavu in the Democratic Republic the
00:22:54Congo last Thursday. Officials say the fire started near a
00:22:58school, but quickly reached the building where lessons were
00:23:01underway. Some children tried escape by jumping from higher
00:23:05floors, while others were trampled as they tried to
00:23:08flee from the flames. More than 500 houses in the vicinity also
00:23:12burned down. Dozens of firefighters in Spain
00:23:16are battling a wildfire that broke out on Monday. emergency
00:23:20crews have been conducting ground and air operations to contain the flames,
00:23:24elsewhere in Spain, firefighters are still battling wild fires in Grand
00:23:28Canaria and the province of Malaga that injured three people and
00:23:31prompted the evacuation of 50 residents.
00:23:35Flights at Italy's Katania airport have been suspended again as
00:23:39Mount Etna continues to spew volcanic
00:23:43ash. The aviation alert has been raised from orange to red
00:23:47after around four. thousand meters
00:23:51and after after ash cloud rose around 4000
00:23:54meters and began drifting south posing a serious risk to
00:23:58aircraft. Etna is Europe's most active volcano
00:24:02and regularly disrupts flights from Katania, but unusually heavy
00:24:06ash emissions this summer have caused repeated disruptions for
00:24:10thousands of
00:24:10travelers.
00:24:14Okay, now Africa's biggest ever share sale has opened to investors in
00:24:18Logos with the... Dangoat refinery asking ordinary Nigerians to
00:24:22get behind its fundraising drive. There are already signs of a strong
00:24:26demand with more people expected to apply then there are shares
00:24:30available. Hillary Nuruka has the story. I
00:24:33making history today. The Dangote refinery IPO has opened for subscription
00:24:37on the Nigerian exchange, putting one of Africa's biggest
00:24:41industrial projects directly in the hands of public market
00:24:44investors. The offer is for 4.1 billion shares at
00:24:48525 each. That's 40 cents,
00:24:52potentially raising about $1.6 billion dollars.
00:24:56At that price, the refinery is being valued at roughly $48
00:24:59billion dollars, but at last week's signing ceremony,
00:25:03aliko Dangote said the IPO is about more than raising
00:25:07money to double its capacity. What we are trying to do is to make sure
00:25:10majority of all all these, my our
00:25:14drivers, our cooks,
00:25:16our servants,
00:25:20managers, everybody, they will have an opportunity to
00:25:24have a stake in this refinery, and sure
00:25:27enough, retail investors have flauded investment portals, leading
00:25:31to the crash of no fewer than two investment apps. the
00:25:35Nigerian Exchange temporarily posted on X just hours after the
00:25:39IPO opened that about 400,00 people had subscribed
00:25:43to billion dollars worth of equity. Even before the IPO
00:25:47opened for subscription, the Nigerian stock market. witnessed
00:25:50bearon with investors pulling their money out of other
00:25:54equities waiting to put it in the
00:25:56IPO. Before my messages could
00:26:00land uh... in their
00:26:03destinations to some these clients, lot them had already
00:26:06peltering has started peltering our accounts with
00:26:10payments,
00:26:11you know, they are already dumping money, paying you
00:26:15know to uh take part in the
00:26:19IPO. African market leaders were well represented at the
00:26:23IPO offer presentation, showing how connected to the
00:26:26refinary they are. This is Africa's wealth, and what
00:26:30I mean is that we as Africans need to roll up our sleeves to make sure that we
00:26:34actually release the value, that is
00:26:38African resources. Dangoti has become a security
00:26:42anchor following the US war on Iran, presenting
00:26:45Africa and the rest the world with viable alternative to the Middle
00:26:49East. It filled gaps in western Europe and is currently
00:26:52negotiating long-term contracts with Ghana, Kenya
00:26:56and South Africa. But the big question for investors
00:27:00today is whether the offer price of five. 125 nair,
00:27:04which is about 40 cents, leaves enough room for the share to
00:27:07appreciate when it's eventually trades on the
00:27:11NGX, some analysts have valued the refinery
00:30:09You're watching TRT World, I'm Jafar Hustan, the headlines, three people
00:30:13including two children have been killed in Saudi led coalition air strikes in
00:30:17Yemen's Thais province, that's according to Huti run media,
00:30:21the strikes come as Saudi Arabia says, it will respond firmly to hoothi
00:30:24attacks that injured 13 civilians in three Saudi
00:30:27cities, the United Nations says fighting in Yemen has forced
00:30:3112. 25000 people from their homes
00:30:35since the start of this month. At least 18
00:30:39households were 125,000 people have been displaced since the start
00:30:43the month. The toll on civilians is increasing. Between September
00:30:471st and today, our colleagues at the UN human rights office have verified 40
00:30:51civilian casualties.
00:30:54Iranian estate media says a drone strike has hit to Iranian fishing boats
00:30:58along the street of hormos leaving several people missing. In separate incident.
00:31:02Franc revolutionary guard core says an oil tanker exploded and caught fire
00:31:06after striking mines in the waterway, but the US military
00:31:09disputes that account saying the tanker was struck by
00:31:13Iran and rendered in apprible last
00:31:15month in Gaza overnight drone strikes
00:31:19and sniper fire across Gaza City and the northern camps have killed at
00:31:23least one person. two others were
00:31:26wounded. On Monday separate series of strikes killed a
00:31:30senior Hamas military commander in Northern
00:31:32Gaza. A
00:31:36Russian drone attack killed one person and knocked out powers in parts of
00:31:40Ukraine Sapuritia and Keve's mayor said a drone hit a
00:31:43petrol station in the UK. ucranian capital early on Tuesday, injuring one
00:31:47person in the black sea, vessels carrying military supplies to Ukraine were hit while
00:31:51port infrastructure in Odessa also came under
00:31:54attack. The US Supreme Court has blocked
00:31:57President Donald Trump's attempt to tighten mail in voting rules just weeks before
00:32:01November's mid-term elections. The White House wanted to block mailing ballots
00:32:05from voters not on lists provided in advance to the US postal
00:32:08service, but critics argue the president lacked the authority to
00:32:12rewrite election rules at the last minute. tech
00:32:16giant anthropic, the company behind the AI assistant cloud is calling for
00:32:19governments to consider mandatory regulations, including a potential
00:32:23kill switch for AI systems. President Donald Trump says it is all
00:32:27hoax and opposes the
00:32:52Russia met in New Delhi this weekend, Trump and the war in Iran was
00:32:56never far from the headlines, but what did this year's brick summit
00:32:59achieve and
00:33:00can the block be viable counterweight to
00:33:03the west? I'm Hasim Seaker and this is today's
00:33:06newsmate.
00:33:23Our bricks leaders met in New Delhi with wars, sanctions and
00:33:27tensions between the world's major powers, testing the group's
00:33:30unity. With 11 members now representing almost half the
00:33:34world's population, Brick says it wants a greater voice for the
00:33:38global south and less dependence on western
00:33:41institutions. Indian Prime Minister Narendra Modi says, They
00:33:45must be rule shapers, not rule takers,
00:33:48but can this increasingly powerful and increasingly diverse
00:33:51block actually agree on what that new world should look
00:33:55like? Here's a look: breaks was created
00:33:59to give emerging economy's greater influence a global
00:34:03system dominated by western powers.
00:34:0720 years later, it has 11 members, representing nearly
00:34:11half the world's population and around 40% of global GDP.
00:34:16but New Delhi was about more than showcasing the block's growing
00:34:19reach. This was its first summit since the war on Iran
00:34:23reshaped relations between some of its own members,
00:34:27bringing those divisions to the same table and raising difficult
00:34:31question. How much common ground survives when the
00:34:34crisis is inside the room? The broader ambition remains
00:34:38unchanged. Leaders won a greater role for emerging economies in
00:34:42global decision making and a shift.
00:35:15bricks foreign ministers failed to agree a joint statement at
00:35:19differences over the war. new delhi brought the issue
00:35:23directly into the summit. Iranian presidentian met
00:35:27abu dhabi crown prince sheikh halid bin mohammed bin
00:35:30zait in the highest level known face to face meeting
00:35:33between Iran and the uae since the war began.
00:35:37beyond that meeting bricks still had to find a common position on
00:35:41how the war has been fought.
00:36:15restraint in the Middle East and raised concern over attacks on civilian
00:36:19infrastructure and nuclear facilities, but it did not
00:36:22name the US, Israel, Iran or the gulf
00:36:25states. Last year's Greeks declaration had directly
00:36:29condemned US and Israeli attacks on Iran. This year
00:36:33agreement came with much less specific language. On
00:36:36Palestine, Bricks was much more direct. It opposed the first
00:36:40displacement of Palestinians, called for an end to Israel's war in
00:36:44Gaza, demanded unhindered humanitarian excess and backed
00:36:48full UN membership for Palestine. There was also
00:36:51agreement over economic pressure. The declaration criticized
00:36:55unilateral tariffs and opposed. sanctions imposed without UN
00:36:59security council authorization.
00:37:01what is message? the message is that we
00:37:05stand together. bricks countries, most the bricks countries do
00:37:09not accept the sanctions imposed by the west either
00:37:12on say Iran or on the on Russia.
00:37:16so they pursue a slightly different kind of policy and they also demand
00:37:20what you call multilateral reform. that push for reform has been at the heart of
00:37:24bricks from the start, giving emerging. economies a
00:37:28greater say in institutions still dominated by established
00:37:32powers. two decades on, bricks has become too large to
00:37:36ignore and too diverse to move easily in one
00:37:38direction. new delhi showed both sides of that
00:37:42equation. its global influence is growing, but its
00:37:46collective power still depends on how far its members are
00:37:50willing to move together. we're joining me now
00:37:54to talk more about this from Moscow. we have founder and CE of
00:37:58bricks plus analytics
00:38:00yaroslav from Boston, director
00:38:03of bricks lab at the MIT Center for International
00:38:07Studies, Michela Papa, and joining us from Washington,
00:38:10director the Quincy Institute's Global South program,
00:38:14Sadang Shidore, good to have you all with us,
00:38:17so uh, Sadang, let me start with you then, what for you were
00:38:21the main takeaways of this brick
00:38:24summit? the way i would say
00:38:28it is that bricks dodged a bullet
00:38:31because it's come under some stress over the last year and a
00:38:35half, ever since is expansion, we
00:38:39have seen some troubles rocking its boat, and
00:38:43most them haveen coming from the security side of bricks, which of course is
00:38:46not the way bricks originally started for the
00:38:49most part, it started mainly as economic development
00:38:53oriented club with some global order
00:38:56goals of. but what has happened over time is
00:39:00that security matters have caught up with it, the world has
00:39:03changed, the world is at war in many ways today,
00:39:07in ways it wasn't 15 years ago, and new
00:39:11members have arrived within bricks at about the same
00:39:14time, so the two factors have combined in ways that have
00:39:18stressed the organization, we have had some troubles issuing joint statements
00:39:22of late over disputes
00:39:26between African. members also recently of
00:39:30course the war in the middle east with the UAE and
00:39:33Iran at logger heads and both them are new members, so there
00:39:37was some concern that there would be troubles in issuing the joint
00:39:41statement, but the leaders declaration was issued, so that
00:39:44was that was victory, the price for that victory though was
00:39:47that the relevant paragraph on the middle east war was very water
00:39:51down, was probably the best that could have been achieved under the
00:39:55circumstances '
00:39:58"and I think Bricks is essentially
00:40:02closed ranks and put a
00:40:05show of unity, everybody that was
00:40:09expected to come or less came, and so I
00:40:12think the the task now for bricks is really to kind of take
00:40:16a deep breath and work out some
00:40:20these issues that they should not from their
00:40:23perspective paralyze the organization."
00:40:27because there's a lot of work to do in terms the way they have
00:40:31achieved and they have set out lot of goals and they have achieved some
00:40:34goals, but there's a lot more to
00:40:37do, so it's really sort of
00:40:40looking within and figuring out how
00:40:43to make this expansion work in the coming
00:40:47years. all right, let's get Michelle's take on on this
00:40:51and as well the
00:40:53the the point that was made there by Sareng on the the final
00:40:56statement, that was made that was kind of wated down as he and others have
00:41:00observed, when we look at that final statement, does it look like to
00:41:04you like some the issues were just kind of paper it over and
00:41:07and
00:41:08you know not wanting to ruffle feathers at this
00:41:10point? this is a question of
00:41:14expectation, so for example when we think about India's
00:41:17chairships, India was the one that paved the way for the new development
00:41:21bank which was the major success story for bricks as
00:41:24institution where each member contributed significant.
00:41:28so this situation of current summit is not one
00:41:31where you have like one huge legacy project or major
00:41:35announcement that there is cross border payments initiative up and
00:41:40what you have uh now is very many different initiatives,
00:41:44lot of added it issues, so uh, this shows
00:41:48not only that the countries manage to reach
00:41:52consensus, but also have belief in bricks to keep
00:41:56adding issues to the bricks agenda. one thing that I
00:41:59would um emphasize is the effort
00:42:03to think about industrial development, to look at global
00:42:07value chains and action plan on that, and also growing
00:42:11momentum on WTO and actually
00:42:14support the new members in joining
00:42:18WTO, so uh these are some the
00:42:21high-level uh takeaways, but India had very difficult
00:42:25situation, and it was major accomplishment even to
00:42:29have an outcome, especially when we think about what happened
00:42:33during the foreign ministers meeting several months earlier, and
00:42:37how difficult it was to reach any consensus.
00:42:40Yaroslav Lisovolik, the point was made earlier there
00:42:44that bricks was initially set up as economic
00:42:48group, so with that in mind, can bricks be an alternative
00:42:52to to reshape the world order rather than follow
00:42:55it? I think it
00:42:59can, it needs to do lot more,
00:43:03certainly in sphere such as trade, um, I
00:43:07think Michaela has rightly pointed out that, um
00:43:11on on the trade side we're starting to see more of momentum in terms
00:43:15the discussions within bricks, but trade is
00:43:18precisely the area where bricks is experiencing the most
00:43:22pressure, we've seen unprecedented pressure in terms of
00:43:25protectionism in terms the rhetoric um coming from the US
00:43:29visa v bricks and so there needs to be a more coordinated
00:43:32response
00:43:33obviously on the trade side coming from bricks
00:43:37um so there are some there have... in some discussions
00:43:41including a an
00:43:44extraordinary summit that has taken place um last
00:43:48year during Brazil's presidency that was dedicated to
00:43:52partly to trade issues, but there needs to be something more
00:43:56systemic, including probably something like a
00:43:59platform for bricks within the WTO, within the
00:44:03World Trade Organization, there needs to
00:44:06be um a more systemic '
00:44:10dialogue and progression on key issues such
00:44:14as the payment system, um, we are
00:44:17seeing that the use of national currencies is
00:44:20certainly advancing and its share and total transactions
00:44:24is rising, but at the same time there is not yet a
00:44:28bricks payment system, and the final declaration
00:44:32did not clearly state that
00:44:36there are critical milestones that have been achieved. "It
00:44:40seems like there's still a need to forge consensus uh
00:44:44within bricks on some these key issues on the economic
00:44:47front and to advance at the expert level in terms
00:44:51the technicalities of how these platforms of
00:44:54cooperation will work. Sareng, global
00:44:58headlines uh were always going to be a talking point at this summit
00:45:02as they have been in summits in the past
00:45:05and obviously not the least of which is the US
00:45:08Iran war. "and when we see that Iran and the
00:45:11UAE who have been on opposite sides of this very
00:45:15dangerous regional confrontation, what do you make
00:45:19then the fact that Iran's president masoud beseshgan was
00:45:23meeting with the high-level uh UAE
00:45:26representative? what what what can we what can we get from
00:45:29that? yeah, I mean, I think that that
00:45:33gets us into the middle situation, which is very complicated one,
00:45:36and to be to be fair to bricks, it has..." very little
00:45:40leverage to resolve the issues,
00:45:44so the fact that the Iranian president came and the
00:45:48fact that the UAE sent a very senior figure in
00:45:52the government, is a positive sign,
00:45:56perhaps a little bit in terms of how they are interacting, but also
00:45:59perhaps more in terms the importance they give
00:46:03to this grouping that they have
00:46:07recently joined, they felt it was necessary to be
00:46:11present a high level, it also reflects their relations with
00:46:14India, the UAE in particular has very close
00:46:18relations with India, Iran to has good relations with
00:46:22India, so the fact that New Delhi was
00:46:25the venue was in many ways a safe space
00:46:29for them to come and engage, and the more they engage obviously
00:46:33bilaterally and otherwise, the
00:46:37sl they improved other chances for them understand. each other's position
00:46:41obviously that war in the middle east is very complicated, there are many actors
00:46:44involved, it's not entirely in the hands these two countries, but i
00:46:48think bricks in a sense provided that space where
00:46:51everybody... could come and that's that's significant a time when
00:46:55we have enormous fragmentation in the world, many
00:46:59states are talking at cross purposes, talking past each
00:47:02other, and it's really down to some these
00:47:05multilateralish fora to create spaces for
00:47:09engagement, and bricks, I think did that job in
00:47:11Delhi. Michela, people often look at the optics
00:47:15these things and and so when you see the the
00:47:19the the president of Iran uh meeting... with all those other
00:47:23leaders, does the fact that this took place under the bricks
00:47:26umbrella tell us something more about what bricks is
00:47:30becoming not just economic group but diplomatic
00:47:33space? i would actually
00:47:36emphasize india, china meeting as the major
00:47:40diplomatic meeting showing that bricks is diplomatic
00:47:44space, because there was so many years past since
00:47:48president she visited India and India and
00:47:52China... had a militarized conflict several years
00:47:56ago, so uh this shows that brings brings countries
00:47:59together that are in dispute or have had challenges
00:48:03and very strong differences on certain
00:48:06aspects. in terms of Iran i would look at
00:48:09bricks more like um as area where
00:48:13practical cooperation needs to be possible, not necessarily
00:48:17that countries need to get along the well, so for
00:48:21example the way we look... at Cuba and the United States in the
00:48:24United Nations, that's the same way we look at Iran being there with
00:48:28UAE in bricks, so almost like the min UN
00:48:32model approach to to the platform, so
00:48:36if at the end the day they can find some areas of mutual
00:48:40gains, find some functional cooperation that
00:48:43that helps their their country's development, then that's a good
00:48:47outcome. Yaroslav, we had the the Indian
00:48:51Prime Minister. Narendra Modi calling for for urgent
00:48:55reform for the global institutions such as
00:48:59the UN and the IMF, but did that mask some
00:49:03some deep divisions over how this should be achieved,
00:49:06because talk is one thing, but putting into action is is
00:49:10something entirely different. Well,
00:49:14I think on the reform of international institutions, with
00:49:18respect to the UN, there may be more divisions
00:49:20and Obviously this is more
00:49:24of a political issue in terms of which heavyweights from the global
00:49:28south make it into the UN security
00:49:31council etc. so this is one issue
00:49:35and obviously um there are
00:49:39you know to some degree there is some competition
00:49:43amongst the developing economies and in that in
00:49:46that part the agenda, but then with regard
00:49:50to issues such as WTO
00:49:53reforms such as the reform the IMF, I think there are
00:49:57less divisions, there is more unanimity with regard
00:50:01to the need for a more balanced
00:50:05distribution of voting rights within
00:50:07within the IMF,
00:50:11whereby the the lion share that the
00:50:15majority these voting shares are with the developed
00:50:19economies and certainly the current status quo and in terms
00:50:22the distribution of votes does not reflect
00:50:26the dynamics in the global economy
00:50:29whereby the share of developing economies, including the
00:50:33largest developing economies from bricks is
00:50:37rising, so on this front I think there's more
00:50:40unanimity, and with regard to the WTO, I think there is
00:50:44also the agreement that bricks
00:50:47economies are very much interested in having
00:50:51a fully functional WTO with a
00:50:55proper dispute settlement body, which is not really fully
00:50:59operational at this stage, to to a significant
00:51:02degree, I would actually argue that with
00:51:06globalization slowing down and having
00:51:09experiencing setbacks in the developed world,
00:51:12bricks plus with a proper
00:51:16ambitious trade agenda could become a
00:51:19platform for revitalize. globalization
00:51:23effort and liberalization of markets, certainly we're
00:51:27seeing that economies such as China um and
00:51:31even India are starting to become far more
00:51:35active and boosting south south trade and
00:51:38concluding regional and bilateral
00:51:41trade agreements. saran,
00:51:45can can bricks or should bricks challenge the west, because
00:51:49it is, it is powerful group, it's 40%.
00:51:54uh of the world and or is it better of
00:51:57simply trying to carve out its own sphere of
00:52:00influence? yeah, so let's take a step
00:52:04back and and and sort of see why bricks is
00:52:08even become so attractive and has taken off in recent
00:52:12years. there are two basic reasons for it. the first one is a
00:52:16sort of a a sense a static reason that the fact
00:52:19is that over the last several years we haven't seen the
00:52:23current global order deliver especially for the global south a range
00:52:27of issues. the point was made about trade and we are seeing
00:52:31actually retreat from open trade and the idea that trade in
00:52:35integration can work with some qualifiers obviously, but is
00:52:39a way forward, we are, we haven't seen very much on climate
00:52:42from the the powers the day, and on many
00:52:46other fronts, so these sort of failures that have now multiplied over
00:52:50time have made many states realize that
00:52:53alternative pathways, alternative clubs may
00:52:56be a place to to invest in, and
00:53:00the second reason, which is sort of somewhat different perhaps
00:53:04also is the fact that the
00:53:07US led order is undergoing a shift, we are
00:53:11seeing a decline of unipolarity, it hasn't
00:53:15ended, but it's certainly declined since the 90s. we are a
00:53:19different world from the 90s when it comes to the ability the United States
00:53:22to kejol, persuade,
00:53:26attract countries and align with its agendas for the
00:53:30world order, so when you have a future
00:53:33that is is uncertain because we nobody knows what's going to
00:53:37replace the shift, the US
00:53:41relative decline, we don't know what sort of order is going to come about in
00:53:4410, 15, 20 years, so this uncertainty
00:53:48drives a imperative to hedge and multialigne
00:53:52even more, that's always been there in the global south by the way
00:53:56for decades, but this makes it even more urgent, and investing
00:54:00in bricks is again becomes attractive, so I don't see bricks as a
00:54:04coherent. alliance of any kind, it will never never be one
00:54:07obviously, even economically, so there's no question of
00:54:11its spheres of influence and so forth, those concepts will not
00:54:15apply, but the really interesting question is whether bricks can
00:54:18really set up alternative
00:54:22institutions or complementary institutions, I would say even, because
00:54:26many the countries in bricks from the global south are actually not
00:54:29anti-western, they don't want to overthrow the existing
00:54:33institutions, the existing... institutions are not delivering for them, so they want
00:54:37to invest in alternatives as complements and the
00:54:40question is if these complementary pathways they have taken on such as the
00:54:44new development bank, but perhaps a payment system,
00:54:48perhaps something on trade, it's interesting how much the consensus is on trade, but there hasn't
00:54:52been a lot of action on trade, although the feelings are strong
00:54:56on defending the WTO, so they can do something on trade, they can do something on
00:55:00these other areas of developmental spaces, then we'll
00:55:04start seeing a sort of a competition and in
00:55:08the ideal world it would be healthy competition with
00:55:11existing institutions that are legacies from the 50s or the
00:55:1590s, and we'll all win
00:55:18in the end. so that's where at least the global
00:55:22south countries
00:55:23are sort of
00:55:24motivated by. obviously Russia and China have somewhat different
00:55:27goals, but there's enough common here, common agendas that all
00:55:31them can work together on some these points. you see this
00:55:35as moment of opportunity for uh bricks given all
00:55:39the the volatility in the world right now, particularly with regard
00:55:43to um events in the middle east and the point that sarang
00:55:46made there earlier about how this US
00:55:50lead world order seems to be on the
00:55:52decline. definitely see it as
00:55:56moment of opportunity, but i'm not seeing that bricks is actually
00:56:00optimizing the opportunities it has, so for example one big
00:56:03item on the agen was strategy for bricks economic
00:56:07partnership for 20 2030 and uh
00:56:11that has not been decided yet uh then uh bricks
00:56:15grain exchange cooperation was supposed to
00:56:19actually facilitate food trade and this this is in areas
00:56:23where um where bricks has major
00:56:26market power so that has not been developed
00:56:30and uh also the bricks does not really know what it
00:56:34wants. to do with so many issues, how to consolidate, there
00:56:38is a bit of a sense that there is some continuity and that there is
00:56:42awareness that there should be a continuity mechanism and and Troika and this
00:56:46is now focus, but uh what I see is
00:56:50all these opportunity, but it's not really being
00:56:53implemented, and um one area
00:56:57where I see that bricks could make major difference is
00:57:01a new regulation, so right now we see...
00:57:05artificial intelligence revolution and there is very little regulation
00:57:09on that and the future is changing very quickly, so what can
00:57:13not only how bricks can challenge the west, but what
00:57:17can... bricks do to innovate and how to manage
00:57:20this human AI relationship in the future? all right,
00:57:24um, give what's probably going to be the last word then to Yaroslav, how do you
00:57:28see this playing out then uh as bricks goes
00:57:32forward given the the the the growing economic power that it
00:57:35has, how can it use that
00:57:37power? well, i
00:57:41think they will certainly do their
00:57:44best to um further. um
00:57:48progress on key issues um that are
00:57:52crucial for bricks members and the broader global south, this
00:57:56is issues related to trade, this
00:57:59is the optionality in terms of payment
00:58:02systems and the use of national currencies, i think there
00:58:06is also um the um the need to
00:58:10forge ahead with greater
00:58:12institutionalization and
00:58:15certainly the some the mechanisms that are now
00:58:19being discussed, including the continuity mechanism like
00:58:23troika, that will be potentially
00:58:26significant contribution to greater
00:58:29efficiency of bricks in terms of its
00:58:32operations, and bricks will
00:58:36probably further expand as well, there was already a
00:58:40wave of expansion that we've witnessed, quite a significant
00:58:44one, currently we're on in in uh pause
00:58:48mode for some time, but then I think
00:58:51clearly given the fact that there are quite a lot of emerging
00:58:55markets that want to become part the bricks
00:58:59core, there will be further pressure for the bricks to
00:59:03further expand, and accordingly the share of bricks in the global
00:59:06economy will continue to rise,
00:59:10and that in turn will also further raise the
00:59:14ambition the block with respect to... forming um
00:59:18and changing the current status quo. all right, we'll have to leave it
00:59:22there.
01:00:21escalating, the Saudi led coalition has now strucked the
01:00:24ansarulahuthis in the tires province, and that's as the Iranback
01:00:27group pushes into government held areas, well Riad wants military
01:00:31assistance from the US, but reports claim that Washington is
01:00:35reluctant to offer anything beyond Intel. Tensions
01:00:39are also high in the straight of Homus where Iran's media say that Teran has
01:00:43downed an American drone. Iran's also accused the US of targeting
01:00:47It's fishing boats while the two countries have conflicting
01:00:51accounts about attack on an oil tanker. Tech
01:00:55giant Anthropic is calling for kill switch as AI technology grows ever
01:00:59more powerful.