 I'd like to move on to Maurice, my friend Maurice, whom I had the pleasure to work with in the past few years together, and who has been French ambassador in many different countries, Japan and China to start with the East, but also Germany and the UK, and obviously also having worked as the Under Secretary General in the French Foreign Ministry. And we have always had a lot of debates about is the world now multipolar, which one of these scenarios is coming. So I very much look forward to your introductory statement. Thank you very much, Niki, for your presentation, which shows clearly that geopolitics are back in our agenda, and that for the risk management, not only for the states, but as well for the companies, we have to take into account these evolutions and to set up what the framing is for our action. We are in a time of war. Whether it will develop, it will unfold in Tripola, or whether there will be something frozen forever, the thing is for sure that this time of war will last for a while. We shall go through the winter, and thereafter we shall see what will happen. Klozevitz, and it's not to show erudition, I said that Klozevitz had an expression. He said that the culminating point of the battle has not yet been reached between Russians and Ukrainians, and the culminating point means that there is a breakdown for moral reasons, for no equipments, or for external factors. And there is still, regarding external factors, a fatigue of these nine and a half months of war. We see that in the public opinions across the world, we see that with the impact in this global world regarding food security, pesticides and all that. And we see it also with the change of majority at the House of Representatives in Washington. So all these are factors which have to be, I would say included, involved in the analysis we have. The uncertainty and certainty already existed before the war. We had the COVID, and the COVID gave us the awareness that there were dependencies which were not sustainable, and there were already decisions made of repatriating, relocating some industries in the vaccine sector, for instance. So this was, I would say, the preliminary. Now, as Thierry was saying this morning, the war was an accelerator, and what has happened shows that we shall never go back to the future, to the past. We shall never go back to the past. The future will be different. I read recently an article which was quoting Maurice Chang, who's the founder and chairman of TSMC, and he said globalization is over. There will be no more globalization. So how is the world looking like now? We talk this morning a lot about it already, but we said there are blocks. In a certain way, yes, there are blocks. There is one block for sure, which is the block of US, EU, and some other countries, in fact, OECD countries, which are the ones who support Ukraine and who are the applicants of the sanctions. This is a block. Then you have China, Russia, a very odd couple now, with China ambiguous, supporting verbally Russia in all the aspects of this war being against the western model, but being totally, I would say, on the retreat regarding any support, would be technological or financial or military. So that's a position which is very, very interesting. Russia is like a besieged fortress, which it will remain for a long while because the sanctions after the war until there are negotiations will last. And so Russia is of major interest for the world and for many countries because of commodities, rare earths, energy, all kinds of, I would say, products which this huge country still has with it. The point is that the whole world looks at China and Russia and that's how the world is reshaping itself, trying in a way to bypass the sanctions and regarding China, considering China as the platform of trade and the future for everyone. Because let's keep in mind that China still represents about 20% of the trade, even if the figures are slowing down and even if there are economic zero COVID policy consequences. China represents also one-third of the global growth of the world. So that's important and how do we behave the countries regarding that. As a bloc in a way but on very different manners and I would like to come back with what Mr. Walhalu said this morning which is multi-alignment. If we look at the world, we see that we look what is said for instance by the Minister of Foreign Affairs, of External Affairs of India, Subramaniam Jai Shankar who said multi-alignment is the new behavior of countries which means you behave according to your own interests. India is a champion in that sense. India one day at the outreach of the G7, the other day at the BRICS, the third day at the Shanghai Cooperation Organization, the fourth day having Vostok drills in the Pacific with Chinese and Russian in front of Japan and the fifth day being with the Quad with the Americans in the Indo-Pacific policy. That's what Mr. Jai Shankar says. There is now there are no more fluid alliances. We just work accordingly to our interests. Turkey, Turkey member of NATO and now applying to be a member of the BRICS. So we have to take into account these new evolutions which doesn't show that people will betray you but countries will betray you but not some more agility in the world as it is. Now we have the rest of the world are this swarm called it like that, small but middle-sized countries or smaller countries which try to survive because inflation is there. Security, pesticide in Africa about 35 countries depend on imports from Ukraine and Russia regarding the grain imports. Pesticide means that if you don't get them from that region about 35 countries out of 54, these are international food organizations figures, you will not have harvest next year. So what will that mean? And it explains the trip made by President Makisal of the African Union to Moscow in June and then President Widodo of Indonesia, President of G20 going to Moscow and Kiev and coming back and saying this war is not our war. We want to fight inflation and feed our people. Let's keep it in mind. This is the direction of the world and most of the countries about 120 to 140 countries in the world are behaving according to this pattern. Now let's have a look a bit further on how things will evolve. We have this block, I said, of the OECD countries, let's call them like that. Actually look at EU-US relationship, more and more complicated for obvious reasons which you know. Energy, this issue was raised this morning. Energy, the price of energy in the US will be now four times less than the price of energy in the EU. So there are already delocation of industries and investments instead of being done in the EU, done in the US. That has consequences regarding the jobs, regarding employment, let's call it, and regarding activity and social consequences and political consequences. Then you have this IRA. IRA, Inflation Reduction Act on green economy, hundreds of billion of dollars. It is the American interest, okay? But all these possibilities, subsidies given to green economy will counter efforts in the EU regarding electric vehicles and other products. How will the EU react to that? I was listening Commissioner Thierry Breton who was talking two days ago and saying that if we go for a tariff, for having tariffs on imports of American products, then it will be a commercial war. Is it the best way? We must not kill, I would say, the free trade. So why not have a bi-European act? We shall have to react. So we shall have also, companies will have to adapt to these evolutions. Then between EU and US, defence issues. Defence issues, now because of the war, NATO is more consistent, but 23 countries out of 27 EU member countries are now member countries of NATO. So where is the self-reliance, the autonomy, the sovereignty of the EU regarding defence in the future? There is a consequence for that. Look at this statement, which was given after the summit held in Madrid by NATO member countries, which says in the second paragraph that China has become a challenge to the security of the Euro-Atlantic zone. That's something which is important. What will be the future? So we must have it in mind. Now let's see very clearly that on all these settings, China is taking the lead, the lead of the BRICS, the lead of the SCO. While I was saying we are bypassing, countries are trying to bypass sanctions, there are new channels to import oil, and we try, I say we, they try to avoid sanctions. Secondary sanctions are a major issue which is not often raised, but which makes many countries be off the Western countries. And there are now compensation funds, Rubel-Rupi or Turkish pound Rubel for enabling trade, and for instance tourists to go to Turkey regarding the second fund. A new issue, and I think Mr. Mazuri maybe will comment, electronic currencies. Electronic currencies, which is the way China is thinking of trying to avoid sanctions in case the confrontation with the US becomes tougher, in case there would be sanctions on companies working with China, so e-currencies enable countries with their central banks to avoid the swift transaction, and so this is something we have to follow very closely because the intention, as it is very often said, is that the crude oil from this region will be bought by China in EU. So that's the point. So now we have three major zones which are rising zones. Of course Asia with a competition on one side RCEP led by regional cooperation economic prosperity zone which is led by China with 15 other countries, Asian countries plus Japan, Australia. This is transition. On the other side, IPEF, it was mentioned today, Indo-Pacific Economic Framework which would be more focused on supply chains on green economy which is led by the US. So this is a competition but many, many I would say things of the future will happen in that region of Pacific and there will be norms and standards coming out from those regions. Another rising zone, EU zone, rising United Arab Emirates, Saudi Arabia look at investments done in this region but also look for instance at NIOM this capital of Saudi Arabia new capital which is on the Red Sea and trying to project and deploy on Africa on Northern Africa Egypt, Sudan, Eastern Africa that's a key point for the dynamics of that region where there will be with organization and a firm political will the possibility of having bright investments and that's something we must keep in mind as well. Then Africa, Africa I think Sam will talk better than me on Africa but let's look at this Africa and Jean-Michel Severino here can talk about it as well. It's contrasted but these are zones of growth on which we must have a very firm look. Now just to finish the challenges we have. First challenge, we must reorganize it was said this morning, the world order to really legitimate the world order institutions, processes because that doesn't work. It's completely paralyzed and we have to organize this disorder which will last for a while. Second, we must absolutely avoid bipolarization because there are most of the countries, this warmest countries all these multi-aligned countries don't want to choose either the US nor China they want to continue their development and bipolarization would I would say impede this development to be done in these rising zones I was mentioning it would be also a major issue for the EU and so these are issues on which we can talk about afterwards. Thank you for your attention. Thank you Maurice. So we are moving from not only the fragmented world but in the multi-aligned world that's what I take away from that discussion and of course I think we'll have a series of questions coming up here.