[000:00:00;00] with zones i read your rivals, it on saudi arabia agreed to resume diplomatic relations and reopen their embassy in a mood broken by china enormous g. available in vacation. the earth experience is its biggest bank collapse since the 2008 financial crisis has a california based the silicon valley bank is shut down by federal regulators. south africa struggles with water shortages due to uneven distribution and dwindling. reservoir level. as

a country already suffers from near daily electrical power outages, our correspondent reports from the thing with good afternoon and welcome to our teams national broadcasting live for moscow. it's just gone mid day here and it's great to have you with us. i'm right. hm ami. let's take a look at the totes, or is this our iran and saudi arabia have agreed to resume and diplomatic relations and reopen their embassies in a deal broken by china, senior officials from both of those middle eastern countries. how talks in beijing, in an effort to bridge the dividers in those long time regional rivals. here are the main statements from the delegations at the talks. this the talks this time have fully combed through the merits of the disputes between saudi

arabia and iran, and explored effective ways to resolve disputes. saudi arabia hopes that this will open a new chapter in bilateral ties under the architecture of a brotherly relationship. of china has provided favorable conditions for rich and disagreement. this vivid demonstration of the basic policies and concepts of china's diplomacy, which includes the major initiative of building and community with a shared future from mankind. your on firmly supports the relevant initiatives, drove on cash anguish. the improvement of the relationship of both sides has paved the way for peace and stability in the middle east. it has also set an example for resolving conflicts and disputes between countries through a dialogue and negotiations. china supports countries in the middle east to adhere to strategical, autonomy, strength, and unity and cooperation. get rid of external influence and truly have in their hands the future and destiny of the middle east. richard to lead great news for the

middle east than the whole world as iran and our saudi arabia finally decided to break the ice and resumed their diplomatic ties. after several years after 7 years of frosty relations, while the agreement came on friday and it was reached out in the chinese capital beijing after several days of intensive negotiations between our secretary of iran's supreme national security council and he shall fall, he and his mom saudi counterpart and the chinese capital beijing of warsaw saudi arabia, several of this diplomatic ties with iran back in january 2016 after our angry iranian nar protesters toward the saudi embassy into iran. i am following her rios executioner for tom shia cleric never bothered and member, and that led to the end of the diplomatic ties between saudi arabia and iran. were

the 2 sides closed, their embassies and the 2 countries, of course, are now. this new development is very promising is a promising step towards ensuring stability and security and peace in the middle east. as the 2 sides have been always at loggerheads when it comes to many regional issues. after the rise and the emergence of dash terrorists, isis terrorists in the region, and the chaos that took place inside syria and iraq, are the 2 sides, have been at different on different fronts, of course. and when it comes to the saudi war on yemen, iran backs on a satellite movement and a want backs, political resolution to the i get any conflict while the saudi arabia has been attacking yes. so all of those developments will be resolved. all those issues will be resolved, following that new agreement between the off and to juan. so this is very great

step and we heard that the 2 sides decided to reopen their embassies. within the next 2 months, we heard wrong. lang, lang, executive dean of china's chung young institute for financial studies. he says the us is a major cause of instability in the middle east. so increasingly, more countries have been trying to distance themselves from u. s. policies. it's a very important event in not only middle east, about also in china, foreign policy china hoax. they had to not only the 2 countries, but also all the countries in the middle east could develop into by themselves for washington. they should at least rethink and say go, why? now in the won't, they are more and more people are never the chance to washington any, any longer usa, some mean joy of what you need to know. instead of

conflict, not only in middle east or also in eastern europe, because in the past 40 years the united states has launched. a lot of them was in the, in the what in middle east it at least a one meaning that people have died under the fi of the united states. so now we're actually people know the world back clearly. so carter hegemony of the eighty's days should it be and as soon as possible, when asked to comment on the development us from job and seem to shift focus to other countries in the region. what are your thoughts on saudi arabia and iran? re re establishing diplomatic relations, sir? with the soviet officials relative positively to the new saying la revival

a relation between iran and saudi arabia will promote broader piece of the region. the us maintain close ties with saudi arabia, but members of the us congress haven't already hold for regime change in iran. the iranian regime must be taken out no more evil tyrants, whether it's the shot or the leader. the last song last has been preparing a resolution to condemn the iranian government and support the protest movement, the overthrow it. it is, the latest escalation intentions between the countries we heard from a professor at the university of san juan. he met beer, who says, conducting regime change in other countries is a main parts of u. s. foreign policy. you see that the united states basically had to do all this looks at other countries. brian or as enemies, and the definition were enemies, the country that is, you know,

systematically independent of the day on major domestic or foreign policy with the united states. that is the definition of any u. s. foreign policy in perspective. clients and any, any higher is the c u. s. foreign policy basically to look back. it's sensory. you see that, you know, the history of united this relations with the rest of the world has been filled with these kind of this kind of mentality. the to take out the government that they have problem with. i think the was government will know for another time that region change is not going to work in 21st century. yes, present. joe barton has requested a record high amount, a colossal $886000000000.00 for the countries of national security budget. next

year. the vast majority of the requested budget would go directly to the pentagon. the defense department wants to use that cash to tackle a perceived threat from china, as well as to provide aid to ukraine. i'm funding for nato, the pentagon. i also cc'd counter quote, to persistent threads coming from north korea and iran. over the years, the u. s. defense diploma has been consist of a increase in spending. in the last 3 years, the military budget has increased by 15 percent rising from 740000000000 those to 858000000000. some media will say the final song for 2024 could hit as much as $950000000000.00. we heard from sarro flanders, co director of the international action center. she says that was just going to spend more and more money on military equipment. this amount of money,

the largest military budget of all time, exceeding any past military appropriation is a disaster for working people in the u. s. and for people around the world, it is a catastrophic amount of sheer waste into militarism a $186000000000.00. and it will grow, it's not the end with the white house as sends to congress, always grows by tens of billions of dollars, additional add ons cost overruns, what it would take to reverse it is working people in the u. s. and globally, really standing up to us in journalism, it won't come from congress, the democrats and republicans vine with each other to add on more and more to the military budget. to pass it almost unanimously year after year. i mean,

it really is a staggering and criminal amount and as they say, this amount is meant to continue the war on russia and to plan for war on china while at the same time threatening iran and countless other countries. meanwhile, the biggest bang collab since 2000 eights financial advisors happened in the us. the california base silicon valley bank made an unsuccessful attempt to quickly raise capital before it was shut down by federal regulators. silicon valley bank is now under the control of the u. s. federal deposit insurance corporation that usually means liquidation of assets in order to pay back clients, even though silicon valley bank is not the most well known bank is still had over 200000000000 of assets. i was in tennessee involved with tech and health care companies. drac rasmus, a professor of equal rights and politics at st. mary's college of california. so there's a button,

collapse is directly tied into the current us strategy being the 3rd cannot raise interest rates high enough to bring down inflation because inflation is mostly supply side. we can't do anything about that. so they're trying to take inflation down by raising interest rates, let us crushing demand alone, right? but when they raise it up a certain level between 5 and 6, i've been predicting you're going to start getting financial instability. and we see that already now with the silicon valley bank because the tech sector is the most exposed right now. and, and, you know, there's, there's like $250.00 companies that, that have their money in silicon valley bank. lot of them start ups. and if they, if that bank goes belly up and they lose that money, well hope to start ups or gun ago. i got a crush. i. that's where the government, i think, is going to really jump in and bail it out. and i already signs the deal yet,

but we don't know the contagion between silicon valley bank and other tech, financial funders, and other commercial banks that fund these tech banks. you know, the articles of contagion are, are very widespread and we don't really know it. because there, these tentacles, debt clinicals are always very opaque. and now we saw that back with the housing sector crash. and we're going to find out over the weekend or start to find out what are the contagion potential here for the collapse of this bank. the very important bank, and it'd be interesting to see what happens on monday, both in the financial markets, fagen bond markets, and also all next week because we'll beginning to see it will leak out of step by step i think on, on what the contagion is. and it may shut down the funding of startups in the tech

industry for a while. so, you know, it's all traceable to the fed interest rate policy. and why was policy of attacking cat tech chinese technology and trying to get the businesses to come back to the u. s, which is the part of the geo political. the problem with biden is that it's, it's all g geo politics. and if you're, what happens to the economy, be dam really, as the u. s. tries to ring fence a, russia and china and the other countries who may align within the u. s. is bifurcated a slowly the global economy, the global capitalist economy. but it's all because the geopolitical objectives, i believe and it's, it's going to be a big price to pay, i think eventually by young couple years from now. i think it's too early, much too early to say that i and unlike in 2008. 0 boy,

the government is jumping on this thing and sharing bailouts and so forth. already within 24 hours, feel they learn their lesson of not dragging their feet back then i, i think one of the consequences if, if there is contagion, is the federal stop raising rates because they're going to take care of the financial sector 1st. and that means inflation is going to stay high and 345 percent. it's not going to come down. so there between a rock and a hard place and how do they try to keep bringing inflation now my raising rates are by raising rates, do they cause a fruit of financial stress that the fed doesn't work very well? the policy doesn't work very well. any more in the 21st century, where you got a globalized financial, ais world economy, washington's controversial inflation reduction acts and how it could impact europe was a key focus of talks, as the ian chief us of on that i met with you as president joe biden,

at the white house ozzie correspondent and yield kind of moping picks up the story . i want to listen to what was said by the european leader who met with the president of united states at a time. the countries are more or less having a subsidy trade war. one will notice that there is a superficial friendliness that went on. now the chief, she referred to partnering with the united states cooperation around el, and gee, liquefied natural gas. and it was only in a very shy way that she referred to the elephant in the room, which is that inflation reduction act, which is going to have a very negative impact on the european union. and the economies of european countries, a patient with technology,

a question with a plan. now the inflation reduction act will be taking investment away from europe. it'll be, have less innovation in europe, and it'll also lead to fewer jobs for europeans. and it's, it's quite a dramatic, dramatic move on and also mandates made in the usa only for certain deals. and it basically forces the european union to cooperate with united states in ways that are pretty detrimental. now when the 2 leaders were speaking, they did emphasize that they both want to make russia pay for what they're calling and atrocious war. however, as one looks beneath the surface at the european union, one can see increasing number of countries that are starting to side with russia. here's what's going on. it wasn't acknowledged in the room. over the past year,

the number of countries actively condemning russia has fallen from 131 to 122. to some emerging economies has shifted to a neutral position. the number of neutral countries has risen from 32 to 35. now representing the 31 percent of the global population. some previously western allied countries, including colombia, turkey, and cattle, have moved into this category as a government to seeking to reap economic benefits from engaging with both sides. now these leaders can make nice in front of the camera, but everyone knows about the inflation reduction act. everyone knows about the tension between the countries and the united states, the economic pressure that is being placed on the you. so one has to ask how much this kind of photo op style publicity meeting will really change things? it certainly certainly try to give the impression that there was no trouble in paradise. that's not the case. everyone knows it, france and the u. k. of hell,

they're 3rd summit in 5 years with british p. m. a rish he's in, i can now seeing that those countries have agreed to train you going to marines for keith. i quote for a decisive advantage in the comfort with russia. we've agreed to train ukrainian marines helping to give ukraine a decisive advantage on the battlefield and for ukraine to win this war. we will jointly explore the development of complex weapons like air defense, combat and long range weapons will skid yukon. our goal is to help ukraine conduct a counter offensive that it wishes to conduct. i've always had for my part that our prospect was indeed, that they should be a lossing built forging conditions that ukraine will choose. and all duty is to place it in that situation when french president, a mentor and mac ho hosted british prime minister, re she soon on all day on friday, here in paris at the eighty's a presidential palace. it was the 1st time since 2018 that the u. k. and france had such

a meeting. there was so much friction between mac hall and both former prime minister morris johnson and his successor of about 5 minutes list trust that trust at one point i couldn't even say whether michael was a friend or foe. remember also, downing street said last june that there was a lot of friction with johnson entrust, who was foreign affairs secretary at the time over michael's insistence on negotiations for ukraine over. busy prolonging armed conflict, but these 2 for investment banks, tre. bros russ child's and michael and richie, who worked for golden sacks, got straight down to business of doing what banks turbos do best falling in line behind the establishment agenda. they tossed a huge bowl into the military, industrial complex, talking about jointly developing long range weapons and air defense. they also said that they'll cooperate on training ukrainian forces. just last month, michael was promoting the idea of peace through negotiations. i don't think like

some that russia should be totally defeated, attacked on a soil. these observe is want above all, to crush russia. this is never been france disposition, and it never will be the talking point now among western nations is that ukraine hast, when on the battlefield, and that piece is impossible until keith is sitting on the largest possible pile of weapons. only then we'll ukrainian present library zalinski being a good position to get the best deal with russia. they say, sounds more like it's the western weapons industry that's holding out for the very best deal on maximum sales. speaking of which washington has reportedly now delivered some patriot weapon systems to ukraine, but is openly admitting their limitations against russia's arsenal. the patriot missile system is really designed to go after ballistic missiles and it's, it's not as effective on cruise missiles and it's certainly not going to be effective against drones. france also dis secured just under half

a 1000000000 pounds sterling. so about $580000000.00 us dollars over 3 years from british taxpayers to tako migrants literally to tackle them probably that is before they get to british shores after which there is no word on any kind of an agreement as to whether they'll even be sent back to france or what will happen to them all those millions will also be used to build the detention center on the french side of the english channel without budget, frankly, it should rival versailles macro also got in a job about how brags it is the source of quote, all the problems we have between the u. k. france and the u. well, yeah, because that's what happens when the people impose borders through brags it around their own country. the. busy coolest, simply tried to erase. suddenly the globalist just can't have things exactly like they want them and impose them on people in an uncontrolled manner like migration,

maybe stop stoking foreign wars if you don't have problems with the population displacement in your own backyard. unfortunately, judging by their increasing militaristic position, these 2 leaders have now taken on the conflict in your brain that really doesn't look like they've learned very much on that front. as we, as recently release footage of the function of nate to weaponry and then ask republic. this video shows a british storm of vehicle, one of many systems that we're 1st to live. it keeps forces off summer, the combat vehicles. it stated that the next republic and was subsequently destroyed with the high precision kamikaze drone. drones are actively used by the russian ministry to monitor and remove all the vehicles from the battle fields. china has appointed a new premier. the zhang during

a session of the national parliament in beijing is repeatedly a cause confidant, all present gene, and previous he's a secretary of the chinese communist party in shanghai. the nomination was supposed advising thing, who recently made history as high as 1st president to be elected by parliament to 3rd consecutive turn. these young is new in his new role as premier, is expected to take charge of the development of the national economy, the largest in asia, his pre, just as a leaky jag, spent a decade in that position, is now expected to retire ross as prime minister mccain missed him, has a drug graduated, his nearly appointed chinese council and said that relations between beijing and moscow county, stronger than ever before. c g

t. n correspondent, joe jackson says the relations between china and russia, united by common interests, including resistance against aggressive us sanction policies. to cooperation between the 2 countries would provide a driving force for the multi polarity heading that the china russia times are not a threat to any country that's strategically important for the neighbors who are not actually what some view through the lens of code or alliances and they've been there been a couple of joint documents signed by the 2 sides of the past year. and thanks to the leadership on both sides. and they've touched a wide array of areas with mutual interests, including trade, investment, e commerce, energy, agriculture, and education, say. and they also have the, those declarations on promoting the global stability and a comprehensive,

strategic partnership of coordination. and i believe that 2 countries will also work on the currency shoes given at the u. s. building of sanctions. china is looking for allies. i would say that's the reason why ching on said russian and china, the bilateral ties are now at high time, but they're not posing any threat to any country. one of south africa's main economic hubs is struggling with a worsening war social to them. it persistent electric power cups. there is an actual activist organisation, greenpeace. as millions of people have been left waiting for the which is stored, hundreds of gums away in reservoirs with dwindling levels. all the girls want to know, lucas, there have been just more details from the scene. does is one thing that you're all away off. it's the fact that what is life yet, is this, the vital natural resource is being depleted? it's been polluted and mismanaged official says disruptions,

water reservoirs is causing more water related disasters in africa. and to tackle these challenges. citizen state government needs to do more than just talking. a mother appeared as now go dispos, that sometimes the tops run dry the whole day. we will go to bat at the end of the day without any water to drink or cook. and that's up to pol accounts the whole day, making it even worse. m. oh, you'd go to, i can come back. what would still not be back? oh $10.00. if school is ashley mars. amandola from the crisis is about because my business needs water. we can't cook. we can wash, we can clean, as you can see for yourself, we're not operating, we can do anything when that you've been given along on, but it's not the water crisis is hurting as badly as i'm speaking to you. i haven't eaten because of situation. even based kids go to school without eating a bad thing because we have no water. it's clear that infrastructure is lacking. whether or not it is an old pipes or ignorance is that african water prices. it's yeah,

it's getting worse than it's affecting millions of people. i think it's her well known fact that our government at the moment is struggling with a lot of service delivery issues. to round out fact that our energy, our platforms are unstable. and it's also well known fact that our water and wastewater and ridicule ocean systems, or dilapidated failing under severe pressure had been under capitalized. and then in many ways, all just functional. so all things being equal, i do not see the scrutiny around. in fact, i see your, an accelerated right of collapse coming, and i see ultimately this is very lucky to trigger abreast less unrestrained this guy to ripple across the country. and i'm afraid this is where we hitting what interesting to know that's in the case of low shedding, alternative sources of energy can be made accessible. but what water alternative

sources may not be as accessible all available. this means that the situation of war to city or shortage in a more dire consequences than what we, as africans have already experienced for r c. no, no, we couldn't get into hands, but i've seen that router is on going on. the next will be here to help me out with i'm after tansy and welcome back to going underground rural, gusting all around the world for dubai. in the u. e. a multi polar transformation of the world was confirmed at the 1st of march g, 20 foreign ministers meeting in india, in effect, nato members and their alleged puppets. vito to joint communicated,

might've indicated unity in the face of threats like climate change and band amex, the summit in new delhi followed refusals by india, china, and those representing the majority of humanity to vote for un resolution demanding russia be defeated in the u. s. his proxy war through ukraine. joining me now as a politician for prime minister modi's ruling variety edge, another party or b j. p. in india. unlike moody, he supports the nature line on ukraine. doctor's romanian. swami form a cabinet minister and 6 term regis. i am p as in new delhi. thank you so much. debra, on the ever coming back on. i mean, last time you were on the show, there, you were slamming u. k. colonialism. and now, now you seem to be completely supporting your old colonial master. the britain and the european colonial must is on the ukraine proxy war. what do you got against this rise of the global south? finally? yeah. winning the day. yeah. well 1st of all,