ah mm a ah, russia say it will pay its foreign debt in rude old after washington bars moscow from paying through american bank. so i had on the program r t x, the words that bunker's i'll be its own spelled steel plant. and marty, you called for a female fighter. sheltered with their children during this. and it's puzzling as best as to why they weren't allowed to surrender. and to get the kids to safety earlier in the poland point that finger at germany over a ledge broken promises to replace tanks that country sent to ukraine

with 4 in the afternoon here in moscow this wednesday may the 25th welcome to the global news update an rti, i'm in the u. s. is pushing russia to announce a technical default after washington bard moscow from paying its debt through american banks. moscow say that the fault is not on the card, however, stressing it has the cash to pay investors when it's discuss what this means for us with our senior, corresponding neurotic sd, of joining me in the studio hybrid. so essentially moscow is attempting to get repayments to american bondholders, but there is a washington shaped bardy, or in the way, does russia have a way to stop the country defaulting? well, it would be a technical the fault because russia would have the money. it is said,

it has the money to keep paying it's, ah, it's bondholders. but the thing here is, through the end of 2022, russia only owes is due to make about a $1000000000.00 in payments. so, so through the whole year until the end of the year, which isn't a vast sum of money, the point of this license, which russia had been given by the us treasury was so that it could keep making payments while institutional investors that is american banks. offloaded russian debt so, so they reduce the risk to, to the u. s. financial system. and most, most of them have anyone who wanted to has already offloaded all the russian debt. and it holds the people who still hold that debt. are people who want to, basically, these are investors who specialize in, in bad debt or for, for other reasons. so what the united states actually has done now is by revoking this license, that means russia will no longer be able to pay in dollars. it's,

it's, it's bondholders, the thing with bonds is that some of them you can pay multiple currency, so you don't necessarily have to pay all of them in dollars even if the emission was a dollars you could pay in euro's in pounds and in swiss francs in other currencies, depending on what it says in the contract, but some of them, yes indeed. you have to, you have to pay in dollars. alternately, given that all the institutional investors have gone have abandoned russian russian debt. it isn't going to change a whole lot. and the us treasury admits this, if rushes unable to find a legal weight to make these payments, and they technically default on their debt. i, i, i don't think that really represents a significant change in rushes situation. they're already cut off from global capital market. if russia indeed stops payments and dollars at

russia said, you know, as i mentioned that it has the money, it'll continue to pay the coupon book coupon payments to bondholders, but the little pay now in roubles because it has no other choice. it hasn't, it has no avenue of, of paying through banks in dollars. the argument here, the rushes making is that so this isn't necessarily the fault because it keeps making payment but, but from a technical point, the view a ratings agencies have said this already, they will view any holton payments in dollars as a technical default, which russia argues as is something that was thrust on it. nevertheless, there are lessons that the russian government believes that has learned from this and than, than that is. but now is the time to diversify. russia is, is a huge economical, financial play on the world markets. all these efforts, unprecedented efforts in history, we haven't seen anything like thousands upon thousands of sanctions leveled against

russia. they have been unable to close russia of from, from the global economy. so trade is still ongoing and trip, or nerves, businessmen of finding new ways to important and export. so, so what russia osler now is that it needs to diversify that is new money flows, new financial systems, new transaction systems, with countries with which russia wants to do business, and countries which want to do business with russia. so, so, so given that the energy exports alone, it is unlikely that russia will be restricted from all international money markets . and this is something that vladimir putin has said himself. we must now adapt and open up where i have already said. and i would like to emphasize again today that in the new conditions the russian economy will certainly remain open. moreover, we will expand cooperation with those countries that are interested in mutually

beneficial cooperation. the actions of some country thing to isolating themselves from russia even to their own detriment, shows how important it is in the modern world to diversify traffic flows and expand corridors in the direction of responsible partners. again in, in these times of her energy shortages will of the world both with fuel prices, energy prices soaring across the world, especially in the west. and this is something western admitted itself. yes, we are prepared to hurt ourselves to hurt our populations to get a pollutant the get it a russia. and what this technical default, if that happens will mean is, and this is an indirect consequence, is that russian insurance or insurance for, for russian ships, airliners are all sorts of transportation will rise. this is international insurance, for example of russian tanka carrying fuel to,

to europe. or to america welts where in the world, it will now have a higher insurance premium. because technically, the russian government has the fault and in this goes down all the way from the government, the companies that are registered in russia. what it means again, is that this insurance premium will be added to the cost of russian export. so that, that fuel, that's natural gas. and again, consumers. so buyers are going to have to pay even more for energy, which at this time, you know, isn't something, isn't something to be desired. and ultimately, after all of this, if, if this technical default happens, russia has plenty of avenues to, to sue or to sue. because it can argue that these are the circumstances of forced measure. it was forced into a technical default fired by circumstances, by things that it had nothing to do with, and certainly it has a chance of success there. okay, i appreciate that. 3rd breakdown ortiz morocco's div. ah,

no. russian suppers have d mind the waters off the mario pl coast, opening the city port for civil shipping. the ministry of foreign affairs says 5 foreign vessels at left. the poor today, de mining works are still in progress on the territory of this. also steal plants. it's now under full control of the done yet republic forces following the surrender of 2000 ukrainian soldiers last week, including those from the neo nazi us off italian. officials say those who are accused of war crimes will stand trial in the den. yes, republic. on continuing your look at what life in the all star plant was like during the siege ortiz, e gracia down of fixed floors, the areas where female fighters brought their children. this is the room where we found weapons, guns, equipment, well, armor, et cetera. and this bunker here used to shelter women, look his their beauty products over here over here as well.

but judging by the amount of well military paraphernalia that we found, there were no civilians. in fact, in the back of this room, there's a rocket launcher. so not only did they live here, they also fought here. there's children's clothes, there's toys and more children's clothes. well, bit down this room, there's still more of their clothes hanging on the rope after they washed at these big reserve was they still have water in them and well, here's how they slept. for example, there's another little nook over there with beds more beds here mattresses. it's obvious that women who used to live here some of them had children. and it's puzzling at best as to why they weren't allowed to surrender. and to get the kids to safety earlier and later in the program of the west urges ukraine to fight to

the end. one voice stands out, henry kissinger says ukraine should become a bridge between europe and russia. we'll go through that i had ah, a strictly as 1st e safety commissioner has said that freedom of speech among other human rights should be recalibrated. we are finding ourselves in a place where we're, we have increasing polarization everywhere. and everything feels binary when it doesn't need to be. so i think we're going to have to think about a recalibration of a whole range of human rights that are playing out online. you know, from freedom of speech to the freedom to, you know, to be free from on online violence or the right of data protection to the right to child dignity. well, that's ambiguous wording by extremely is internet safety, sorrows being criticized doesn't attempt to tamper with freedom of speech and titan,

censorship, and receive backlash on social media. it's either free or it isn't. there is nothing to hard to figure out about this. they want to change definitions of words, so we don't know what they mean any longer and they can do as they like. the right to be free from online violence already exists. you block the person or turn off your computer or scroll past or just close your eyes. we don't need that to be recalibrated. i'd like to recalibrate how much influence these people have over my rights though? laughing out loud world economic forum, forgot to disable comments on just one of their tweets and i pointed out, well now i'm blocked. actually, she was rather ambiguous and leave terminology. i mean, she spoke about re calibration of human rights of freedom of speech, of online violence, but she didn't go very much into what exactly this entails and what does it mean.

but regardless of what she did mean, there was a clear backlash against her comments. we saw on twitter many people consider these comments as being an infringement plan, ro, ching on their human rights, on their freedoms. in such a step is taken as she advice, i think this will lead to actually even more polarization, because it will be perceived within the framework of an infringement of the human rights to cancel out the door to buy a place, an embargo on alternative sources of information whether it's in different issues of the world in different conflict. it is, i think, leaning towards one particular narrative and demonizing the other narrative. and i think many different when it, which some countries are guilty of this same mistake. can let's said turn attention to pakistan where the us did. prime minister has joined cries, heading towards the capital for a must have rally,

which had been banned by authorities. m, ron can organize the march to demand early elections after he was arrested by the opposition. in april. the protest was supposed to be one of a series of rallies across the country. but a slum about house moved to stop today's event from going to authorities put up roadblocks had all the rally to soften crowds from entering the capital. the government rule that the event was not to go ahead on threatened to arrest protesters who spread calles. the decision came after a policeman was killed during raids on the homes of supporters. that resulted in more than $400.00 arrests, allegedly made to prevent the protest company. they 1st raised the issue of a foreign conspiracy, then the assassination plot. and now they are trying to spread and are key in the garb of a march. they said this march is going to be bloody. they had already raised civil disobedience slogans, and attack institutions. they will be stopped as they wanted to attack the

federation from one province. all their braves have now gathered in per shower and i warned them to behave. and just expanding on those remarks, the government has accused him run count of inciting, quote, a civil war like situation threatening him with arrest, strategic and listen or through mts girl questions about assessment and gave us his take on why it appears. authorities are seeking to suppress the former leader note on the mice for real freedom from the dental school. he has given people are different angles in part by this new policy, by telling them that he wants to leave it on a life. life independent of external influences and that he wants to live with respect. and this is what has resonated with a lot of people. this is a reason why he decided eventually to march on. it's not about the biggest problem

that the new government is facing, is lack of credibility, the sitting prime minister siobhan city, and then other allies in the coalition partner did afraid possibly that if you're on han does manage to bring in tens of thousands of people into the room about that may create and controllable situation for them, and they may have to then given to that, similar demand by i'm not hot and that is a date for early elections. another story to bring you to a poland town accuse germany of breaking promises on replacing tanks, warsaw sent to ukraine. it comes amid mounting tension between states as they attempt to balance domestic interests with foreign policy. the 2nd into it with her europe correspondent, charlotte, to missy. hi there. charlotte, poland. not pulling any punches in its criticism of germany. what is warsaw so unhappy with them? yes,

i was right. poland once again criticizing germany over policies. this time, as you mentioned it to do with tanks, this is to do with an agreement between a german in poland that if poland supplied its soviet era tanks to ukraine, then germany would replenish those in the future. now poland, president says that hasn't happened and he is pretty furious about it. they have not fulfilled this promise. and frankly, we are very disappointed about this. well, what we heard from germany is a very different story. they say they are ready to replenish the stalks in poland. but the suggestion coming out from officials is that poland isn't actually happy with the sorts of tanks that berlin is willing to supply. it seems that poland would like a newer model than that's on the table, at least that's their side of the story. meanwhile, we've also had criticism of germany this time from poland. foreign minister,

this is foreign minister ro, we've been talking about germany being really key to the feature of building security in europe and also defending it. and that includes, he says, you crane this is partly to do with the fact that ukraine has applied to become a member of the you in some countries suggesting that could take 15 to 20 years. what do i, what poland foreign minister wants is to see full support, $100.00 support from germany to get ukraine as a member of the you, anything less, he said would undermine not just german credibility, but also the credibility of the e. u. in general. there is no alternative to that because otherwise it would lead to an erosion of germany's trustworthiness. however, we have heard from olaf sholtes the german chancellor that yes, while he's happy that ukraine has made that application to be a member of the you, there will be no fast track membership for the country. now things aren't looking

to great elsewhere in europe. we'll had to do hungary now. where on tuesday at night, i have the prime minister there, victor all been declared a state of emergency. he said this was to do with the war in ukraine, but also the unfolding economic crisis, which many european countries are suffering from at the moment at. we know that at the moment hungry has been the big hole that with the e u and its inability to pass this 6 set of sanctions, which includes an all out hold by the end of this year on imports of russian oil. the victor o been previously said, look hungry, can't do that. if we did this, it will be like dropping a nuclear bomb on our economy. and what he has been clear about is he wants to protect the economy in hungry and also citizens in hungry phone. the impact

of the when ukraine, but he's also being clear that one of the bigger she flung only wasting at the moment as well as other countries across the eurozone. is the impact of the sanctions. the sanctions that have been put in place by the you and essentially he says, the impacts of that are coming home to roost. law. ah, we see the war and the sanctions from brussels have led to massive economic upheaval and drastic price increases. the world is on the brink of an economic crisis. hungary must stay out of this war and protect the financial security of families. this requires room for maneuver and the ability to act immediately. the government is exercising its right under the constitution to declare war time, state of emergency from midnight to night. well, this will allow the government to respond immediately and protect hungary and hungarian families by any means possible, yoga yoga. now the could be a question of the timing of this announcement by victor open. of course one. it

comes before and you summit in the next week, but they also came just a few hours off the president zalinski of ukraine announced that polish individuals living in ukraine will get the reciprocal rights to much a mirror. those as to what poland has done. ukrainian citizens and it could be a suggestion that maybe victor oven wants to see hungarian citizens in ukraine being given similar rights to meanwhile hungry alongside italy. and now cyprus are apparently cooling on the e. you to ask for an explicit cool for cease fire in the situation in ukraine, so a ceasefire between russia and ukraine. now this is it odds as to what we hearing from other members of the european union block. we know, particularly with poland and also with some of the baltic nations, what they'd like to see that you do is to assist ukraine with more. we just feel as

if there is this big disconnect at the moment between what many states want and what of course, the new is trying to do. we also heard from davis this week, this is ursula on the land saying that you know what happens in ukraine. it must result in ukraine winning. all of this, of course, could come to ahead as you members meet next week for that summit. once again, the war in ukraine is likely to dominate those discussions. yeah, thanks for taking us through all of our t charlotte tubes in ski. just to pick up an appoint. charlotte was talking about executive vice president of the erasure center thing talk or ross mutant believes the hungarian prime minister is trying to navigate the consequences of the energy crisis. amid rising tensions between some of these things, prime minister, orbit and sees the tension is going on. so you see the one, we've got

a potential global food crisis happening we. we already know that we've got a european energy crisis. you've had to fight off the you from and stand up for hungering needs and requirements and there people, will he be get additional pressure from europe? absolutely. but do i believe he's acting in the best interest of hungering? absolutely. europe in general has, is in the process of committing economic suicide. i think, or been seen that. and i think he's trying to prevent that and to mitigate the impacts of, of the downfall on europe. and it's going to affect the hungarian economy somehow. but i think he's trying to mitigate the input, the negative implications of that. meanwhile, the world's richest and most powerful continue to discuss the fates of ukraine, of the dof us economic form. the dominating sentiment being that ukrainians must

fight to be. and i am totally committed as one person to seeing ukraine to the end with her when not basically resolving in some type of a she, we should be very happy to have them fight our fight. you claim must win this war. however, there was a dissenting, western voice among all that sharp criticism coming from prominent u. s. foreign policy veteran, henry kissinger, he said, ukraine should become a neutral country, and that should be a goal for the west. it's essentially what russia has been asking for all along. the idea would be if you could become situated a state is in between

a new era. indeed, a neutral bridge would serve to bring russian europe into closer cooperation through an alliance that would also help the european union and russia. better compete against both beijing and washington. which could also help explain why the united states is constantly interfering in the country on the other side of the planet. to ensure that this bridge never gets built in calling for urgent piece in ukraine, kissinger could very well be drawn on his own professional experience and regrets. you see the terms of the vietnam war cease fire, which kissinger negotiated on president nixon's behalf, could very well have been reached for years earlier, with tens of thousands more lives saved since the deal. it ultimately changed very little within that time frame. so how does kissinger suggest revolving the territorial between russia and ukraine?

i do, but i think i should do the status quo. the status quo ante in this case means that control over crimea. who, hans? and that would be restored to russia. it's almost certainly not what the west and ukraine want to hear. but kissinger, as he always does, is speaking from the perspective of foreign policy realist seeking tangible results in favor of peace and not as the kind of idea law that tends to dominate the western foreign policy establishment. these days. journalist on former c, i analyst john curry, aka believe the fatal view crane will be primarily decided in washington and not on the bulk of i've always been troubled by things like the davos forum or the builder of forum, or the shangri la forum. it's always the world's richest and most powerful people

hobnobbing with the world's most important politicians to take the truth, i think it's, i think it's a dangerous phenomenon because seeds are planted by the c. e o's of the biggest corporations of defense contractors in the minds of policy makers, americans, british nato, european union, australia. and i just think that it's a bad mix. i think that these, these worlds should remain separate and independent of one another. yet this is a very popular position to take in the united states that the war should go on until the last ukrainian. well, the reason that that, that's a popular position is actually very simple. almost all of the money that congress is appropriating for the war in ukraine goes directly to us,

defense manufacturers. it doesn't go to the ukrainian people, it doesn't go to the ukrainian government, it goes to the biggest defense companies. eventually the u. s. government's policy is going to have to be to support the minsk of courts, because that's the only way that we can bring this conflict to an end. and to try to minimize the loss of life. until russian sanctions are hurting countries that written tain a neutral stance on the ukraine conference. those are the words of south africa's president even those countries that are either bystanders or not, part of the conflict are also going to suffer from the sanctions that have been imposed against russia. while african russian relations have developed significantly in recent times with sudan, cameroon, and molly old funding military agreements with moscow this year, russia has been investing heavily and in pencil, flying at diplomatic ties with african nations to it comes as historically. major

players like france withdraw from the region on the u. s. as well. washington intensive culture russian influence in africa by passing quote, the country malign russian activities in africa. the bill is seeking to monitor rushes, military, operations, investments, and financial flows. the move comes after more than half all the countries on the african continent stayed neutral on new and resolutions regarding the ukraine complex shudder. a good to emeritus professor of international law at the university of south africa believes that america's approach to africa continues to be oppressive. with racial issues, still taking center stage. well, to start with you as more than the critique brian and hi daddy. just give me one moment or all the state have

a better rate and a new colonial on approach to africa. hi, and this is one minute suspicious of that. they have been many how does way to cite their meal or new approach to africa men that they can do kate to what i want to do. so i have people who are not beside independently on know what to say in their best interests. shadrach, good. so now a recap of the momentous events of 2014 the ukraine next when a qu on seated, the government leashed, 8 years of conflict in the start documentary, my down,

the road to war gets going right. ah, me to come to the russian states. never. i've gone in the north lansky game, sunday, the 50000 speedy one else was about the even though we will ben in the european union, the kremlin machine, the state on russia today. and archie nick, given our video agency roughly all fans on youtube.