less of all these things and more in the new season after pluck come, make sure to tune and wherever you get your pot cast and join the conversation because you know it love matters ah ah ah ah, this is dw news life from berlin. no bail out from the u. s. for silicon valley bank. it is the 2nd largest bank failure u. s. history. what does that mean for the global economy? will bring you analysis. also coming up, the bloody battle for back mood, intensifies rushes. wagner mercenary group claims,

further advances in ukraine's eastern city. the front line is now reportedly the river, dividing the city with ukrainian forces holding the western bank. and in moldova pro rational protesters take to the streets against the pro west president and her government. who in turn are accusing russia of plotting against them? we bring you the full picture. ah. hello, monica jones, good to have you with us. us treasury secretary, janet yellen has said to the government is not looking to bailing out silicon valley bank, the 16th largest in the country. that after was shut down by u. s. regulators on friday or to authority said they were worried about the bank's liquidity after it lost money, while selling assets of concerns prompted the banks depositors. many companies to

rush to withdrawal funds sparking fears over the wider banking sector. speaking on sunday morning, british finance minister jeremy hun said the bank failure poses a serious risk for the technology and lifestyle sectors in the u. k. but there is a serious risk to our technology, a life sciences sectors, many of whom bank with this payment most people wouldn't have heard of silicon valley bank, but it happens to look after the money of some of our most promising and exciting businesses. and so i want to reassure people, i've been in discussions over the weekend until late last night with the chancellor, with the prime minister, the governor of the bank of england. many other people and we are, we're here pace on a solution. now joining me for more is alastair, well then a u. k based consultants specializing in financial regulation. alistair, good to have you with us, or perhaps you can come our worries. how serious is this collapse?

are we perhaps looking at the start of the next global financial crisis? well, i don't think it is the start of a, of a 92008 type of financial crisis. this is, there's no doubt that this is a very serious issue for tex dot ups and venture capital based firms that are deposited large sums with this bank that was focused on a very particular sector. but they are very important differences from the situation in 2008, where bad loans and hidden losses cause the systemic issue across the financial system of this particular failure. it has very specific circumstances. it is concentrated in one particular sector and the issue that caused the collapse is actually the rise of interest, right? so the causes of this are actually fundamentally very different and it's formal isolated. now you already mentioned to that in particular, startups and

a tech sector are affected and we just heard the u. k. finance ministers there. but which other countries could to where, where could those ripples go? other then within the united states and the united kingdom, i can't really comment on this specific business because i, i'm not hugely or fe with this particular bank. but the reality is that tech stops did rely on this bank. and it did have a cross border business, they had a business in the u. k that went back some years and it became an independent subsidiary that was owned by the group parents only a few months back. and it is, it's significant to the u. k. i believe is about 7000000000 pounds worth of deposits, and the u. k. government is going to have to take some steps to address this collapse. otherwise, it will have an effect from monday on firms that need to draw down money to pay salaries to cheap subscriptions. and to keep these businesses taking over they, they tend to have quite concentrated deposits in this, in this bank,

both the u. k and u. s. climes off the bank and it is going to affect other countries. there's no doubt. and of course we said earlier that this is the 2nd largest bank failure in u. s. history yet. it janet jaelyn says, sir, yes, we want to avoid contagion, but no way they'll be a bailout. what do you make of the comment? i don't think it's not surprising to be honest. i and it seems we have lost alistair, alistair, well, then that would have been such a an interesting answer. no doubt to that question, but we have to leave it there. that was alistair, well, man, there pops, will get him back. meanwhile, the leader of russia's wagner mercenary group, says it has made further advances in the ukrainian city of box lieut, reaching the river that divides the city center. earlier this week that now claimed it had captured the eastern part of the city ukrainian president milady. mister

lensky has vowed to keep fighting amid fears that the fall of the city could lead to further russian gains in the east ukrainian tanks. on the outskirts of buck moot, determined to see off any further russian advances despite rushing gains in the east of the city, the fight for control continues. reward the year as power motivation. we are fighting until we achieve victory through what we need victory, not only piece your call it extra technology, cheaper to water pottery. marty on saturday. russian media released this footage. nicholas, which is all reporting to show the damage the fighting has inflicted on buck moot.

so you indulge and unidentified russian soldier from the wagner mercenary group law can be heard saying they had to destroy every house to be able to advance jill with bucking ukrainian control territory close to buck moot. the wall has taken its toll on 8 to 2 year old valentino. yeah, british lad don't know too well. i was here at home about it to go to sleep, lying on my sofa till the law. all of a sudden the shelling started toward my kidney. physically get outside. i was lying there thinking if he kill me here. so be it. she said that it lasted for 3 hours, at least until it was over. marie. oh my god, i cannot take it. ukraine has pledged it will not surrender,

but for many it's time to say good bye to the shattered streets of buck newt police in moldova say: there half foiled a plot by groups of russian backed actus who was specially trained to course massa on rest during a protest in the capital case now more than 50 people were arrested, almost half of the minus. the protest was the latest of many in recent weeks against the pro western president, my acendo and the mold open government. pro russian forces have been research and and moldova since russia attack neighboring ukraine, more than a year ago. thousands of russian troops are stationed in the separatist, moldova region off trans mystery are in the countries east. earlier we spoke to journalist today on our papa who is in the moldova capital case now. and she told us more about the protest there between 4 and 5000 of people have covered in the very center of kesha. no. and they're asking the government to see all of that

below the winter moms, but these are just the top of the iceberg and long that a resignation of the country's leaders and new for alignment reelection. i'm also that people are elders from the soviet union and deeply affected by rising gas and electricity, bill inconvenient that russia should be more robust. number one partner. that's why they choose president. other probably got more on my account, don't drag the country to pull money to war because he's already ukraine. apple is tried to stop people all to close time from getting to the seat is main square because individuals had of violence and behavior. there were found heat in the knives and most of them were even drunk. just say the feeling among the people in moldova, about the protests and about the current situation. should

keep in mind that the main because behind this so demonstrations easy for a russian party leader called eli. sure, ah, who is now in exile in israel and sanctioned by u. k. and u. s. and he has previously been sentenced to more than 70 years of fries. and after a being accused of stealing from a more dover bank, western of the shows standing tara jones documents showed that he is a leading leading seger in. cram this efforts of destabilizing more dover. so this is why people are. * looking price captive for to these kind of process because it's clear that they are once heard by the russian shore party and the combination. now the latest us statements, sad that russians in protest as the basis to overthrow the government. these kind of demonstrations take place almost every week. so everybody kind of got used to

this and ignores them. all right, stay on a papa, a kitchen, i'll the capital of moldova. thank you so much for this. let's take a look now at some of the other news making headlines around the world. at least 3 people, including an army officer, have been killed in israel. las strikes on central syria. that's according to the war monitor of the syrian observatory for human rights. it says the attack targeted and arms depot, manned by iranian back to malicious, and an outpost of the syrian air defenses. hundreds of thousands of people rallied across israel on saturday night. they were protesting against the right when government proposed radical overhaul of the judiciary appliance would allow israel's parliament to override supreme court rulings and give politicians more influence in the appointment of judges. well, it's again the time for the academy awards ceremony our which is poised to take

place this year. 10 films are competing for the title of best picture, including box off his head such as top gun, maverick and avatar the way of water. but there's also a surreal science fiction films set in a multi verse, which has picked up the most nominations and a german war, a pick that has a broken, a few records of its own, is a look at some of the oscar nominations. it does not look good, but it does look good for this is oscar favorite, the wacky sy, fi action comedy, everything everywhere. all at once has already won many film awards. now the movie with its mix of fantasy and martial arts fighting is poised to scoop even more. i'm here because we need your help. very busy today, a whole tied to help. the surprise, it has been nominated for 11 academy awards, including best picture lead actor michelle jo, fight so way through multiverse is and crazy timely. in the middle of

a tax holdings from of beach to oppressive. another competitor is the german war, time drama, all quiet on the western front. it's received 9, oscar nominations, the most ever for a german film set amidst the horrors of the 1st world war. the film is the latest adaptation of a classic novel following several film and television versions. it's told from the perspective of an idealistic young soldier sent to the franco german france. it's and she will message seeing a slightly tolerance. ah, oh, if i don't trouble. so nominated 9 times is a pitch black comedy to stone, like, you know, more like me yesterday have asked pointless. mail feud on an irish highland, colin farrell, his and a best leading acton nomination for his stand out performance in the banshees of in a sharon this day on. i take those years. i take one of my fingers off of them. oh,

he's up against austin butler for his portrayal of rock'n'roll legend to elvis presley. the bio pick has been nominated for 8 awards, including best picture, and need to get back to lou. do you ever? the nominees include many strong female characters, including cate blanchett in the role of an ice, cold, conductor, and composer. the psycho drama tal has been nominated 6 times. it's about the abuse of power in the coach industry, from unconventional to overwhelming. the 10 films competing for hollywood, top price each have their strengths. it promises to be an exciting race. i received another medium. oh, you're watching dw news before we go. he is a reminder of the top story we're following for you. the u. s. government says it will not be allowed. silicon valley bank,

us regulators shut down on friday. the bank shut it down after a loss of assets prompted a wrong on deposits. it's the 2nd largest bank failure in u. s. history. coming up next, a documentary asks whether modern day people smugglers are the heirs of the slave traders of centuries pass that's coming up after a short break. and if you want more news and updates, take a look at our website at d, w dot com. i'm monica jones and berlin from me on the news team here. thanks for watching. i imagine how many portion of lunch us heard out in the world climate trade given hoffman stores. this is my plan the way from just one week how my wife can really just.