World leaders meet in Paris for global finance summit | DW News

[@علي-ش7ث8ب]

*This is a new way to keep poor countries in debt.*

[@袁大陸]

How about USA’s national debt? USA printing money to pay his debt. Poor countries never care for how much their debt, but care where they can borrow money.

[@tombrunila2695]

No, its is a way for socialists to impoverish Western countries.Socialism needs poverty and destitution. And Western countries are not poor and destitute enough!

[@apuky]

Exactly! It’s a another trap

[@trevorstanding6462]

The lady who said that Corporations need more regulation was absolutely right.

[@ordinaryhuman2511]

Less corporate welfare is the solution, regulation will just cement their monopolies and create barriers of entry for their competitors.

[@relaxedsack1263]

Smart regulation is what's needed. More or less is a false paradigm. Regulation should serve public interest. Some regulations are out of date, but good regulations help everyone.

[@rizkyadiyanto7922]

... not.

[@trevorstanding6462]

@@RipeTimes I don't need smelling salts but you need to find some perspective.

[@lorenzomcnally6629]

I.S.D.A. RULES THE WORLD FROM THEIR $$ 1 QUADRILLION ISDA "INSURANCE CASINO" THE CBOE NYSE FEDERAL RESERVE BANK FDIC FHFA AMERICAN TAXPAYER FUNDED CASINO

[@SeeLasSee]

Macron is a former big banker. His country issues the CFA franc currency for 14 African countries that are former colonies. They must keep their currency reserves in Paris. Do you think that Macron believes in this? Not a chance.

[@yougetaspear7799]

And enough is enough with this exploitation. And not when the very same souls can't all flock to the west endlessly if they survive the deadly oceans

[@Muhammad_Ahmad_]

Well, France can't be blamed for all of it. We Africans must take some responsibility for ourselves. It was proposed that my country Nigeria will help other Francophone countries in west Africa to establish a common regional currency called the Eco, but our economy is doing very bad with very poor leadership and terrible internal Security and poverty issues. If only we could get things straight can we help other African nations to get rid of French imperialism

[@yougetaspear7799]

@@Muhammad_Ahmad_ exactly, so Africa must make it happen then thou would have preferred a diasporic one over regional but its still a positive step in the right direction

[@Wolfcamp555]

Developing countries would be just fine if the EU would quit out-bidding them for their fossil fuels and food.

[@kwalelalipimile3894]

And "developed" countries cost of debt thought of as money is subsidized by hig interest loans of over 10% to developing ones

[@PatternTitan]

More food, resources and money won't save poor countries. Corruption and evil management will ruin anything

[@Wolfcamp555]

​@@sazzbot8874China is taking your cheap Russian oil from you.

[@SeeLasSee]

No. Most depend on US, Canadian and Australian grain. We need more regional food production for the staples.

[@WinterGK]

You think they just became developing countries this year when Europe needed fuel? The price cap on Russian oil is supposed to support developing countries get cheap fuel.

[@diazvirdani1059]

*France🇫🇷 still occupied Guiana, Guadeloupe, Martinique, Réunion, Mayotte, Saint Martin, Saint Barthélemy, Saint Pierre & Miquelon, New Caledonia, Wallis & Futuna, Polynesia, Clipperton.* France must end occupation & keep peace.

[@ReekyCheeks]

They are a sovereign part of France

[@SeeLasSee]

Macron is a former big banker. His country issues the CFA franc currency for 14 African countries that are former colonies. They must keep their currency reserves in Paris. Do you think that Macron believes in this? Not a chance.

[@AS898-h3u]

Caledonia voted to stay part of France last year so not sure what you're talking about.. the only thing these islands have going on is being part of a powerful country like France, of course France could invest more into this territories but their priorities are elsewhere

[@somayyamughal8313]

No conference can bring economic safety

[@dxd42]

He is right, without financing the developing countries will not invest in green development. Because it's too hard even with normal development, imagine imposing them to grow green.

[@bulthaosen1169]

They will just go to china if west isn't available. China will become the top dog. And west will get overshadowed as the rest of the world start imposing restrictions on them.

[@AGENDA_1938]

I surf through a lot of "mainstream" media coverage. DW, it's moderators, it's internal experts and most of it's external experts top it all. Please make sure this remains like that. Media, anchors, faces and voices like that are absolutely essential for our societies. Thank you!

[@unnamedness]

Agree. Except the China coverage is very bad. And mostly anti China. Instead a more balanced view like France24.

[@bulthaosen1169]

The fact that developing countries pay more interest than developed in itself a problem.

[@jbloun911]

What globe, what climate change, what uncorrupted gov?

[@SillyOrb]

They said there are no dumb questions, yet here it is. They just didn't know any better.

[@jbloun911]

@@SillyOrb 🤫

[@oldsteamguy]

Steven's talk was well done.

[@happymelon7129]

I keep seeing this theme repeated. When Chinese, Russian, Indian, Brazilian and South African leaders meet other leaders, they talk business, constructive cooperation, etc. When Western leaders meet each other they talk about war and sanctions and punishment for imagined human rights or global rules violations.

[@علي-ش7ث8ب]

because they're losing.

[@JigilJigil]

happymelon7129 AKA the most active wuamo on youtube, Xitler is proud of you.

[@SeeLasSee]

Nonsense. Indians are talking business. China not as much anymore. Brazil and South Africa complain.

[@32stevo]

lol what have any of those countries cooperated on?

[@happymelon7129]

G7 meeting: On geopolitics for politicians interest. To divide and create/amplify conflict in others home for weapon sales, exploit. BRICS meeting: On economy for the people interest. Food and better life for the people.

[@TheTarrMan]

They're tired of living in near slave labor conditions just so that billionaires can off themselves in a tube.

[@rogerbrownreacts8528]

You mean to divide the spoils

[@youtuber1650]

When I spotted criminal MBS in the audience I knew instantly that this is not a serious summit. Just show.

[@nusaibahibraheem8183]

Really? You can't wish a country to disappear am afraid. Especially a country as rich as Saudi Arabia. Even if you don't like their leaders. They will always be there to represent their country. And you won't be able to exclude them from decisions that affect their citizens either.

[@youtuber1650]

@@nusaibahibraheem8183 from your comment I assume you are in elementary school. Please keep up the involvement in our world. Maybe one day you'll be a pilot.

[@phoenix5054]

He's there to beg investors to fund half of his moonshot Neom project.

[@revolutionarytravelfamily]

Curious about the US presence at this summit...

[@supernautacus]

That won't matter. Trump will undo anything the Biden-Obama team tries. And they lost Congress.

[@Tamar-sz8ox]

Janet Yellen was there from the US Treasury

[@revolutionarytravelfamily]

@@Tamar-sz8ox thank you!

[@harp34]

And people wonder why nobody wants to invest anymore.

[@watb8689]

do you know imf and world bank impose nigeria with > 70% interest on loan alone, now they are talking how to help developing countries. China offered loans with 4.5% interedt. so who is the loan shark right now

[@foilhat1138]

The United States alone sent $505 million in Fiscal Years 2020 and 2021 in humanitarian aid to Nigeria.

[@valmal2659]

@@foilhat1138and received billions in oil and minerals, nice try

[@sparks1792]

@@valmal2659so cut the funding?

[@valmal2659]

@@sparks1792 I agree, they need to stop that scam they call aid

[@foilhat1138]

@@valmal2659 The US buys that stuff, you understand that right? Nigeria can sell its goods to whoever it wants.

[@farticlesofconflatulation]

What’s more detrimental to a poor country’s economy: climate change or corruption?

[@ThomasWright-jw6eo]

Can I take "Corrupt leaders put blame on Climate change" for 500

[@abdallasa7077]

Lobbyists

[@amenbrother8818]

While the US is not technically a poor country, corruption gets in the way of climate change, therefore the bigger problem is corruption.

[@IndiaTides]

Climate change is existential threat. Corruption existed since human origin.

[@yougetaspear7799]

You need to be alive to squander anything

[@yodaz101]

Figuring out how to screw us over.

[@shiraz1736]

As if the world leaders have a say, the central banks tell them how it’s going to go.

[@jfm148]

Really nice to know I can play a victim and have my debt forgiven... Tomorrow I will go to my bank and ask them to forgive my debt so I'm able to fight climate change... Now you know why the World is SO divided regarding climate change and politicians and NGOs handling the money.

[@MrLoobu]

The real question soon to be raised is, who is really in debt to whom here?

[@nusaibahibraheem8183]

Global south to global north of course.

[@MrLoobu]

@nusaibahibraheem8183 Who did colonialism, and who set the rules afterwords again?

[@DwainDwight]

Way way too many tax loopholes for the rich & big companies. I would cap salaries, cap bonuses, basically cap wealth. much much fairer wealth distribution is needed. governments also need to be much more transparent & accountable. the entire system is open to monster abuses. Trump, Boris etc...

[@orlandovlore4873]

Corruption leads to poverty

[@patrickcowan8701]

Some world leaders you mean. Seems there's a competing faction that has another idea.

[@defendfreedom1390]

So many thieves in one place...

[@Bshipbuilder]

Criminalize Greed

[@SeeLasSee]

Let me guess. You’ll be standing by to collect the bribes?

[@JosephHoggang-bk4bk]

Hope BRICS is well represented to push their own agenda

[@WinterGK]

BRICS has never done anything. It's just a club that Russia now promotes because its one of the only thing they have left. Nobody talked about BRICS until Russia became desperate.

[@satheesselvam2611]

BRICS bank in china🤣🤣🤣🤣

[@Joey-ct8bm]

Look up what terms for a loan China gives. They are much worse than what the west gives. Kenya is a perfect example. They are in so much debt they defaulted on their loans and even got fined by China. All they do now is paying back China. China does give much riskier loans, but they come at a price. The most crazy loan was for their roads in Kenya. The roads that has been you've to pay for to drive on them, but nobody in Kenya wants to pay for driving so they still use their old roads.

[@eugenefirebird8938]

The world is in the worst financial shape in all history, and these are the guys who did it. Thank them for $1million average house prices in many areas, and $2500 per month one bedroom apartments there too.

[@SeeLasSee]

True in large part. I chuckle seeing Macron wanting publicity. Macron is a former big banker. His country issues the CFA franc currency for 14 African countries that are former colonies. They must keep their currency reserves in Paris. Do you think that Macron believes in this? Not a chance.

[@pectenmaximus231]

Curious about the relationship you posit between house prices and the financial system. I genuinely don’t know what the relationship is that you are suggesting. Could you share your view in more detail?

[@eugenefirebird8938]

@@pectenmaximus231 The central banks' in the US, EU, and Japan have been doing ZIRP, QE, and mass general money printing for at least 30 years, and their goal is to prop, rig, and boost asset prices especially stocks and real estate, most probably so their owners on Wall Street can get that free asset inflation money. Asset prices have now reached 3x to 6x real value, and that free money being tapped and spent is the cause of the general inflation we are experiencing today.

[@on2thenextthing]

Trying to figure out how they can screw things up further?

[@abdallasa7077]

Green energy is a scam How South Africa received a loan to change to green energy but then Germany buys coal from South Africa in the same year.

[@daniel23554]

It's because we're in a transition period, globally. Both renewable energy and fossil fuel generation is happening at this time, yet the world will need to further improve the transition so fossil fuels can be phased out and renewable energy + storage phased in more fully. It's a complex issue and it takes cooperation, responsibility and adaptability.

[@dongdong9560]

Facing potential crisis, someone talking corporations, while some others talking decoupling😂

[@dongdong9560]

We human beings are in the same boat. Corporations rather than decoupling make more possibilities!

[@MrGanbat84]

China will help this crises. May be US try to halt China helping others

[@lotusmojo]

A colonial financial …

[@bartmacaluso]

Money alone is insufficient. In this report I have heard the money problem as the solution but I have not heard an action plan that would make the monies allocation meaningful. Can we say exactly how it would be spent? Of course each country has its own problems to stave off pollution and climate change but oversight and down right legitimately viable alternatives to the causes of pollution and climate change have innately problematic efficacy issues. Too many inadequacies have caused this problem to slip through our fingers. We must have comprehensive and targeted plans for solutions with realistic projections that we demonstrate to the world as a narrative from A to Z. This mean reporting has to be incisive and on track to cajole governments and international bodies to not make grandiose blanket initiatives alone but to insure they follow up on the minutia as the monies marinade into the body politic of their respective states. We don't have time for less. If we do less we will only be comforting the dying, nothing more.

[@SeeLasSee]

Macron is a former big banker. His country issues the CFA franc currency for 14 African countries that are former colonies. They must keep their currency reserves in Paris. Do you think that Macron believes in this? Not a chance.

[@yougetaspear7799]

You don't just understand you overstand 👏🏿👏🏿👏🏿👏🏿👏🏿

[@analyticalmindset]

Correct

Momentum for COP28? Thats 5 f*ing years! What a disgrace

[@god6384]

If there is no financial crisis in poor country's, how are rich people like Elon Musk going to be rich???

[@oscare.quiros6349]

Lets also talk about three things: corruption, corruption, corruption

[@vintran9777]

Higher taxes on corporations will lead to companies charging more for their products/services.

[@angelbloomdark]

Yep, on one side you'll pay more and on the other side they'll give loans to poorer countries, collecting interest. It's a win/win but not for the average person because he/she won't see anything from the 'bounty' as one of the ladies in the video said. :D

[@katarzynamarszal5752]

Germany will not write scenarios for individual European countries

[@DEERCRACKERLOVER]

As this kind of question, i can't say enough since there's so much need and a single change has Pros and Cons, for what i see this change kinda too late

[@malisengjabum5959]

Depends on who you trust. Do you trust China? France? England? Turkey? Saudi Arabia? The whole world trust the US. That's why the US currency dominates. Period.

[@Nsibidiimohtep-pf9gh]

They shd give the poorest country the opportunity and tag everything WARs against the the victim and also make the causative agent to pay simple.

[@harukrentz435]

More taxes where average people have been taxed up to 45% of their income.

[@accountantasia125]

Just used the money meant for wars / defend budget and channeled to this fund to fight climate and environmental changed . Stop fighting each others. Why they need to talk so much about this ?

[@GaasubaMeskhenet]

Abolish money!!!

[@MartinCanada]

Sir Nicholas Stern? 2:43

[@prateekdeoli1552]

He said pakistan 2 times, a net positive terrorism provider, humans right violator, while more poorer nation, with much more serious damages countries in Africa, Asia couldn't cross his mind. Terrorism is a profitable business and provides a lots of employment!!

[@harukrentz435]

Heh debt amnesty to pakistan will only caused another problem. he needs to realise corruption is the reason why the aid barely helped the pakistani.

[@rodrigo_dmatoss]

I find it curious that we’re hearing developed countris admitting that the global instituions are not representative only now. Why? What is that you’re concerned about?

[@GaasubaMeskhenet]

No more evictions or forced relocations! Let the people and the planet rest!! Let us say no to working for companies that are the problem!!

[@bbyl1485]

Corruption and democracy go hand in hand

[@yaxsuo]

Corruption takes in any type of government?

[@daniel23554]

This is a vital global conversation. It's good that it's happening at the highest levels of government! The world and countries need a financial system that is fair, transparent, adaptable, climate-resilient and makes it easier for nations and companies to be profitable from protecting ecosystems and species while supporting human health and alleviating poverty.

[@analyticalmindset]

You can't trust the west to honor anything though unfortunately, their greed is what defines them. Their innovation, their society , it's all built on the singular hero / titan of industry mindset . If the oligopoly feels like they actually have to pay to help others and the mission turns away from profit maximization... They will leave the country or worse.

[@punclalig1036]

you sounds like every other bot cLiMaTeChAnGecLiMaTeChAnGecLiMaTeChAnGecLiMaTeChAnGecLiMaTeChAnGecLiMaTeChAnGecLiMaTeChAnGe

[@maryngeoh9007]

Do these leaders really know whats on the ground?

[@ALEX-mo1zo]

What about doing a correct spending of the money from the tax payers. All these politics flying in private jets to the conference. If you really care about the global climate, then switch this sessions to online.

[@CedarHunt]

So a bunch of beggars went to Paris to complain about how they want free money. 😂

[@SeeLasSee]

Yup. Problem is many of them don’t understand the current system. Yet they wanna remake it. It needs reform but then many things do in coordination or it won’t work.

[@maineusaMax]

Blaming the financial system isn't going to change anything. The fact is billions of people have been lifted from poverty, but there's more to go. Having dictators, corrupt leaders, and communists that worry about themselves, or religious ideology, instead of fixing their countries is the issue in the global south. It's not other countries faults.

[@suportbghelp4938]

Lybia was great social country once in time...then dollar arrive and slave them.

[@dumisanigladstonehlatshway8765]

BRICS++ vs IMF + World Bank

[@Aussie-Mocha]

Was Russia, China and North Korea at this summit? 👀

[@yongbinsong9676]

Very hilarious. eternal limbo. Be honest, no longer hypocrisy.

[@vthilton]

Sharing will save the world.

[@vividvulpe9842]

We need reform and regulations. Okay, good weekend to you all ✌️

[@napoleonbonaparte4396]

Corporations are regulated, what else you want to do with them?

[@yougetaspear7799]

Action

[@yougetaspear7799]

​@@napoleonbonaparte4396no regulations on corporations whatsoever and there's no enforcer to

[@vividvulpe9842]

@@napoleonbonaparte4396 reformed regulations

[@napoleonbonaparte4396]

@@yougetaspear7799 I don't know where you come from and what regulations are you talking about. Where I am, corporations are regulated, especially corporations. We, investors pay double taxes that goes to poor. Why should I invest if government tax me double? Countries that are creating wealth, pay enough money to poor countries. Problem is that in poor countries don't now how to manage money.

[@GaasubaMeskhenet]

I hate how the KZbin comment input works on Mobile. It's trash

[@adventurer4188]

Reset 50% of all government debt including the top lenders and global support countries. Require G7 & G20 to all agree, Make it be allowed once every century, taxing the oil or other energy production fuel is a good way to bankrupt the world.

[@orange8420]

It's all talk no act

[@Edithhandle]

Brics >

[@MrLoobu]

We must stop using fossil fuels about 20 years ago. "OK ok, we will take some of the oil companies profits!" I don't think you understand what comes next, or why lololol.

[@atiyaababenson7955]

Hmm African should be clear in their minds not to complains because the developed countries leaders show it clear that the war in Ukraine is more important than climate change in their action, characters and everything a normal human can think about. It's clear that the colour of a human being is important in the world , these big countries in the world don't want to deal with a problem that doesn't affect them more and this, you can see it when Russian and Ukraine war come to stay in their life and how this same war in other countries in Africa, why the US,german Uk Japan,and others are not telling these developing countries the truth but we in African may one day come to our sense in United African as a continent and deal with such problem in no time

[@comchadelalora]

Again, the "rich club" meeting to see each other and prevent the loss of face and money. Only blablabla.

[@utubewatchinhesk]

If some Africans come together are they world leaders also

[@polyglotdevcalebyang]

Let ecb drop their interest rates. Europe is a joke

[@smooothjasminka]

Nice to see Saudi Arabia leader

[@garysuplee5092]

Economic horn in the one world 🌎 System.

[@jonathanbethune9075]

There more sophisticated everything they meet. In time it gets done because it makes sense to do it.

[@libertynhunge1110]

Something like help for the 3rd world countries doesn't exist...

[@john_doe_not_found]

TLDR: Every super rich dictator running a dirt poor nation: My dozen palaces, private jets, and personal army require more money, therefore: "Climate change is ruining my country, give me more money!".

[@tibsyy895]

Time to buy gold? 🤔

[@offred6013]

Pakistan floods was not a result of climate change. If Pakistan had invested in flood resistant infra like dams and canals then flood would have far far less damaging. But Pak was and is busy in buying drones and jets instead

[@jp92382]

Lol solution to too much debt is more debt. When these guys say "safety net" for developing countries they really mean "subjugation".

[@patrickformert8460]

Isn't it abit to late now,BRICS should go on..the G7 got to wake up its dead 😮

[@michaelroth2783]

Poverty is the H O U S I N G C R I S E S ... only

[@prasadkulkarni975]

What Pakistan is doing there??? please somebody give aid money to Pakistan 😂😂😂😂

[@vivekmehla9879]

Begging as usual😂

[@chengavitch10]

High US dollar interest rates has crumpled those countries heavily in debt. But US needs to look after itself.

[@Bultish]

haha paid debt, that will work.. just print more money😂

[@andrewlaw8121]

It’s all rhetoric and show. I wonder whether they even bring their own cheque books

[@teodytrinidad9497]

Passport please

[@michaelvainer3350]

Anonymous cryptocurrency harms global finance !

[@thumperrabbit6848]

LMFAO pause debt payments ?!?!?!? BRO IF I DONT PAY MY CREDIT CARD BILL I GET SENT TO COURT WTF ?!

[@ReginaJune]

5:47 what is the Vatican or The Mormons saving up for?

[@gojo76]

Oh boy, we in for a fun time it seems, where will a “crisis” hit? Europe again? The US? Asia?

[@SeeLasSee]

China is the next crisis.

[@apuky]

Nonsense! It’s a another trap 😂

[@geoffsimpkins7650]

Just more free stuff.

[@besarzogaj17]

Very simple let those poor countries produce money without devaluing their currencies

[@CedarHunt]

😂😂😂

[@علي-ش7ث8ب]

for western elites,the only way you can be rich iis when everyone else is poor

[@SeeLasSee]

Dude not even US, EU and Japan can do that.

[@c1s1125]

Produce money = devalue the money

[@besarzogaj17]

@@SeeLasSee they do it too , they just don't go public with the exact numbers they are producing . it's a rigged game

[@mahdedarmo]

the reprobates assemble

[@abeddani992]

Condoms and castration...poverty evaporates

[@dongdong9560]

We human beings are in the same boat. Corporations rather than decoupling make more possibilities!

[@bonniec.ddisashi6686]

DISMANTLE BLACKROCK FOR THE BETTER GOOD OF AFRICA PRECISELY.

[@arnaldobraga5898]

0:03 o que um ditador faz do lado dos europeus?

[@mikhailgorbynov8779]

🥺😢

[@happymelon7129]

Hope more Americans wake up. The priority is the economy(fix the house for people interest), not geopolitics(aggressive against neighbors for politicians interest). G7 meeting: On geopolitics for politicians interest. To divide and create/amplify conflict in others home for weapon sales, exploit. BRICS meeting: On economy for the people interest. Food and better life for the people.

[@JigilJigil]

happymelon7129 AKA the most active Wuamo on youtube, Xitler is proud of you.

[@happymelon7129]

@@JigilJigil 😂Cry harder