Page 60 - Globalization News Today

To power the continent without russian oil and gas. they will need to bring their nuclear plant back online and, its not just about oil and gas. russia is the number one steel, iron, platinum and palladium exporter. that affects everything from cars to construction to electronics, appliances. not only does russia helpful the world, they help feed it: russia is the number one exporter of wheat. food could get pretty exeive. they also export most of the fertilizer. without that, you could probably...

They are used to globalization. what we are seeing is just the opposite of that. um, its -- it is eat movement toward a new, fragmented world and really the end of the old world order. i think that is going to bring market turbulence and i think its very difficult to predict where the dominos are going to fall but it is going to be a volatile year. >> and, if russia invades, the west will of course apply what it has called the most severe economic sanctions ever with witnessed. what impact could...

Struggle and we seem to be worried about globalization and trade and keeping investment banks happy in the u.s. senate. we better get real real fast or throw these bums out. im fed up with this. john, you did not need to hear that. but thank you for letting me grant. as the russians bomb to drop and getting americans and others out of ukraine, joining me now from an undisclosed location in ukraine is brian stern. he is the founder of project dinamo. how many americans have you helped get out of ...

But what is going on here with mitch mcconnell? hes obvious we been in power for -- i dont even know how long, decades and decades, since i was in college hes been around. when hes been incredibly successful in many ways. beasley a lot of great judicial appointments, kept merrick garland, a radical, off the supreme court. hes wily, hes very, very smart, but hes not a populist, hes an old style bush on issues from globalization, trade with china, hes not pushing to keep those terrorists on china ...

Than it was before the pandemic. thats gonna be a heck of a lost wars. weve just had the largest green producer in the world invade the fifth largest grain producer in the world. this is going to cause enormous challenges. the poorest people in the world already dont get enough to eat. in sub-saharan africa. yemen, afghanistan. im also -- emerging markets that are seriously indebted and dont have access to credit are going to be much more trouble here. the potential for financial crisis in turke...

We found that 59,011 deportations were the lowest total since 1995, okay, weve got that, we have the fentanyl pouring in. we have west point cadet in the hospital tonight because of fentanyl-laced some type of drug that they were taking parting in horrific -- coupling the critical condition, tens of thousands of americans have died because of fentanyl. all from china. were still playing this game on, you know, globalization and not decoupling from china. its obscene. >> yeah, all from china ship...

>> it would be a geo political earthquake. so far, china has been reluctant to actively support. it hasnt endorsed the invasion. so far as we know, it has not yet sent any direct military economic assistance for russia s invasion of ukraine. we it is in need of peace talks. it wants to reduce the humanitarian cost. but if china were to come out and support the invasion or perhaps just send assistance that directly wanted to your crane or used to aid the ukrainian civilians, that would really be ...

Globalization in some ways. this is a de-coupling world, a deglobalizing world, and these things are very symbolic. >> as you know, russia says it could seize the assets of western companies that have suspended operations in the country. will that work as a deterrent, or is that a threat -- is that threat a sign that the kremlin is starting to see the impact? >> reporter: well, you know, again, it will have some impact at the margins, but the truth of the matter is that even over the last few we...

The way the americans or the europeans have through the pandemic, theyre going to get smashed right now, so it is really global inequality. the last 40 years, globalization has driven the emergence of a global middle class. the pandemic and now even worse, this russia/ukraine crisis, is going to force all of those people around the world to take it on the chin. >> ian, thanks as always for your analysis. you bring us a lot of clarity to a conversation that is confusing and frightening. ian breme...

Ability to affect the situation. every bad thing that is happening is only happening now because our elites at some point in time thought it was okay to make china the most powerful country in the world. so now here we are, its back to the 1970s, the u.s. is weakened under biden, we are he really added by a smaller power like russia, we are divided at home, we are burdened with horrific inflation and economic problems. its all self-inflicted. by a white house and a political establishment that h...