tv News RT March 11, 2023 10:00am-10:26am EST
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so you sleep, you sure you can almost them. let's see, we miss home is to finish the sewage, nero's eager to go. ah, top headlines for this, our international, the emerging multi polar world bringing long time regional rivals, a renewal most of geopolitical implications. a run on the bank in america, leaves goals of companies and individuals holding the back as the country's largest lender to collapse since the 2008 financial crisis shut down by federal regulation . and as south south africa deals with rolling blackouts, it's now faced with a shortage of water as reservoir levels continue to decline, just adding to the list of problems in that country. we have our correspondence on
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the ground. ah. and so the multi polar new world order continues to grow and strength and determination is we're witnessing nearly weekly alliances and coalitions among countries, seemingly united against a unique polo world riyadh and terror on the latest pair to forge ties. as it is our top story for this, our hero, nazi international bricks, hope full candidates. iran in saudi arabia, find common ground. they've agreed to resume diplomatic relations and reopen their embassies. now, all of this in a deal broken by bricks, member china, senior officials from the middle east and countries held talks in beijing to bridge the divide. and here now the delegates explaining what paved the way to rebuild bilateral. thanks a queen, saudi arabia and iran. and explored effective ways to resolve disputes. saudi
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arabia hopes that this will open a new chapter and bilateral ties under the architecture of a brotherly relationship. 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. iran firmly supports the relevant initiatives. and of course on the news is both shocking and promising for many countries. even some of the rivals of these pharmaca about the wrong and saudi arabia and shine. they reacted to the story and they said that they called it a promising steps, wars stability and peace in the middle east. many countries express. i'm of course, welcome. the initiative which was broker by china are called in a significant step towards peace and friendship inside the middle east, which has been trouble since the emergence of dash terrorists saw the developments
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in syria and iraq and now the war against yemen. but. ringback didn't well among all of all the reactions that took place today and yesterday on the issue did not. and the united states in particular we of course, we guess force based on what we see taking place china in beijing and was, are initiated by china. this did not sit well with the intro and destiny of the middle east. and now china and russia are beginning to step in and unify different forces, even the closing forces like saudi arabia and iran, which i've been long taking part in some negotiations, a broker to buy your arch and then buying a man. but it seems that the dice that the chinese dies is now being got to his meddling in that region. hansley panama. it is better if we have friendly ties with our neighbors, considering that the u. s. and other western countries enthusiastically desire to
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have their own military bases in iran's neighboring countries in order to have dominance on the run politically. and if it will not achieve its objective in, got into an awful lot of this signed agreements can have a positive by halting the war in yemen. isn't. israel is upset about the unification of islam countries and cannot tolerate it. israel is to protect and preserve this offering. it's in the only middle east about also in china. foreign policy. china hopes that to not only the 2 countries, but also all the countries in the middle east could to develop into by themselves for washington. they should at least think been sailing or why now in the won't they are more and more people are never the chance to washington any, any longer you as a some main joy, all you need to know instead and conflict not
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only in middle east about also in eastern europe, because in the past 40 years, the united states has launched, a lot of them was in, in the walked in middle east, it at least a one meeting that people have died under the fi of the united states. so now that the only people know the would back clearly so called a hegemony of the eighty's days to be and as soon as possible. or when asked for comment on the latest committee is rapprochement between re added to iran. a u. s. president biden shifted the focus to other countries in the region. yes sir, ah, with for a gene change and iran, the iranian regime must be taken out. no more evil tyrants, whether it's the shaw or the leader. and while washington is preparing
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a resolution to condemn the iranian government, we heard from a professor at the university of tara, how came a berea? who says, conducting regime change is now a fairly typical part of u. s. foreign policy. and you see that the united states basically has a vision that looks at other countries client or as enemies and the definition for an enemy, the country that is, you know, systematically independent of being not paid on major domestic or foreign policy in the united states. that is the definition of any u. s. foreign policy and prospective clients and need to empire is the reality of us. the basically look back if century you see that, you know, the history of united relations with the rest of the world has been filled with these kind of this kind of mentality to take out the government that they have
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problem with. i think the government will know for another time that regime change is not going to work in 21st century. when enough is not enough. joe biden has requested a record breaking $886000000000.00 for the country's national security budget. next year. the vast majority of the wishlist is set to go directly to the coffers of the pentagon, or the defense department wants to use the cash to tackle a perceived threat from china, prop ukraine and provide more funding for the nato block. the pentagon also seems to counter what it calls, persistent threats coming from north korea and iran. well, over the years, the u. s. defense department has been increasing and spending last 3 years. for example, the military budget went up by 15 percent. as a media report, say the final number for 2024 could be as high as 950000000000. we spoke with the
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co director of the international action center. sarah flounders says that while washington spends more on the military, industrial complex, hard working every day, american citizens are simply being left behind 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 $886000000000.00 and it will grow. it's not the end. what the white house is sends to congress always grows by tens of billions of dollars. additional ad on and globally, really standing up to us imperialism. it won't come from congress. the democrats and the republicans vine with each other to add on more and more to the military
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budget, to pass it almost unanimously year after year. i mean, it really is a staggering and criminal amount, the war on russia and to plan for war on china while at the same time threatening countless other countries. meanwhile, the biggest bank collapse since the 2008 financial crisis has just happened in america. off the california base silicon valley banks, unsuccessful attempts to quickly raise $2000000000.00 from investors. it set off a run on the bank, which has now been shut down by the federal regulators. it's currently under the control of the u. s. federal deposit insurance corporation, which usually means the lender will have its assets liquidated and disperse to those that missed getting that money out in time. the buying had over $200000000000.00 worth of assets and was a primary source of funding and deposits for silicon valley stops. a media report
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say the buying demise will result in a cascade of company failures. who now simply won't be able to pay that bill or come into gently at the funds. a chief administrator officer was previously the cfo for layman brothers, global investment bank. which of course when badly bankrupt was one of the sparks for the 2008 financial crisis. professor of economics jack rasmus told us that fs b this gives me the s b b's collapse is directly tied to the current us strategy of coping inflation by raising rates. 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 that was 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
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see that already now with the silicon valley bank because the tech sector is the most exposed right now. and, you know, there's, there's like $250.00 companies that, that have their money and 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 are going to go. i got a crash, right? that's where the government i think, is going to really jump in and bail it downs. already signs that doing it. but we just know the tentacles of contagion are, are very widespread and we don't really know it. because there these tentacles is, debt pinnacles are always very opaque. you know, we saw that back with the housing bank and it's not in 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
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industry for a while. so, you know, it's all traceable to the fed interest rate policy and widest policy, attacking tech, 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 went by is that it's, it's all g geo politics. and if you're, what happens to the economy be damped really. as the u. s. tries to ring fence a, russia and china and the other countries who may align with them, 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, much too early to say that. and unlike in 2008 boy, the government is jumping on this thing,
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ensuring bailouts and so forth. already within 24 hours sale they learned their lesson of not dragging their feet back then i, i think one of the consequences if, if there is contagion, is the feds going to stop raising rates because they're going to take care of the financial sector 1st. and that means inflation is going to stay high ah, 345 percent. it's not going to come down. so then between a rock and a hard place, you know, do they try to keep bringing inflation now by raising rates or by raising rates, do they cause a further financial aid doesn't work very well. the policy doesn't work very well anymore. in the 21st century, where you got a globalized financial ais, worldly at the nomination was supported by aging thing. who recently made history is china's 1st leader elected to a 3rd consecutive time, me time rushes, 5 minutes at mccallum houston has congratulated his chinese counterpart, adding that relations between beijing and moscow have never been stronger. over now
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to see g t n correspondent sends you when outlining with a new chinese premie as focus will be i think many people here in china as well as on a global landscape, seeing the chinese premier as an indicator of chinese economic policy. many have quote him as pretty much practitioner of practical series. so he is pretty much falling many practical policy in terms of how to improve people's livelihood, especially coming from work he and civil affairs department, as well as working as the secretary of municipal party committees. china now is in a new phase of its cover at 1900 and also pandemic prevention policy. it's in a new phase now. many people are really expecting to see what the country will be heading to coming out of the phase, especially we are seeing some booming numbers here in terms of the china spring festival travel. russia as well as the film industry is such
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a strong indicator that chinese people have the power of spending. but how were the country really coming out of such challenging period in terms of how business are recovering, how the big enterprises are recovery, as well as what kind of policy that will be helping them. for example, for major industry to really catch on to the momentum pudding had set that chinese presidential drinking, has really made major contribution into further enhanced by letter and strategic partnership between china and russia. and this is what we're seeing here. china is not only focusing on bilateral relationship, but also for example, using project like belden road to really extend and really link its neighboring country to really facilitate and foster growth in different area in terms of trade as well as collaboration and technology as well as medical fields, so a lot to look out for it, but i being a, china and russia relationship is definitely one of the key areas that both country
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will be working on in the coming years of a 20 part here in moscow, south africa is struggling to deal with water shortages, they're made rolling blackouts. the region deals with nearly every single day. a greenpeace report that millions of people have seen that taps run dry is rationing measures have been implemented for water, which is typically store hundreds of kilometers away in various reservoirs that are shrinking over now to water corresponding not avoid concave bringing us this store does, does one thing that you're all away off, it's the fact that what is life yet 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. citizens say government needs to do more than just the dispos that sometimes the tops run try the whole day. we then 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. remo you'd go to, i can come back,
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want and would still not be back. okay. if school is ashley mars amandola bye for me, the crisis is bad because my business needs water, right? we can't cook, we can wash, we can clean, as you can see for yourself, we're not operating, we can do anything that you've been given along on. but if 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 does that african water prices. it's yeah, it's getting worse than it's affecting millions of people. i think it's a well known fact that our government at the moment is struggling with a lot of service delivery issues. to round out fact our energy, our platforms are unstable and it's also well known trek at our water and wastewater and ridiculous and systems all dilapidated failing. and the severe
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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 and accelerated right of collapse coming. and i see ultimately this is very lucky to trigger abreast national restaurant reschedule ripple across the country, and i'm afloat shading, alternative sources, shading or what asia, and have much we as africans have already experienced it for our c. m normal. we couldn't get into hannah's, but the impact on europe of washington's protectionist inflation reduction act was a key focus of talks between the e use o'sullivan de leon and the u. s. president in washington. who had the story over now for the details without is caleb martin on one listens to what was said by the european leader who met with the president united states at a time. the countries are more or less having
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a subsidy trade war. i. 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 l and g. i liquefied natural gas and it was only in a very vicious with her question why did the heart of the less innovation in europe i'm? 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. ah, now when the 2 leaders were speaking, they did emphasize that they both want to make russia pay for what they're calling
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an atrocious war. ah, however, as one looks beneath the surface at the european union, one can see increasing number of countries that are starting to side with rasa. here's what's going on. that wasn't acknowledged in the room. over the past year, the number of countries actively condemning russia has fallen from 131 to 122. the sum emerging economies has shifted to a neutral position. the number of neutral countries has risen from 32 to 35. now representing 9031 percent mislead western allied countries, including colombia, turkey, and cattle have moved into this category as that government is 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. a kinetic pressure that is being placed on the you. so one have to ask how much this kind of photo op style
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publicity meeting will really change things? it certainly certainly tried to give the impression that there was no trouble in paradise. that's not the case. everyone knows it to the conflict in ukraine now, where the wagner private military group has just announced that russian forces and the advance on our trouble is going to donate square public has not brought them within one kilometer of the city center. and the area has been a site of heavy russian fighting against ukrainian and europe and mercenaries for months. and this comes as recently, nato raised concerns. the city may be overtaken by moscow in a matter of days. however, an aide to the ukrainian president claims that key of troops are, quote, exceeding their goals. and while the conflict is flooded with nato supplied weapons, a russian forces use a variety of means to deal with them. i will go to the video right here from the russian ministry of defense. it shows a well what is a former british stormer in the area where the coordinates uploaded a kamikaze drone set out on its mission and drones have become commonplace in the
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conflict and a used by moscow to take out asset from the other side of the front line the story continues right now online at r t dot com for the meantime. thank you for sharing a time with us here on this saturday with us in the russian capital. this is our team to national with news story to return in about 25. ah, i ah ah
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make the best informed decisions. that's the way the system is supposed to work. but what happens when policy makers ignore the analysis even worse? what happens when policy makers discount the analysis and then seek out false analysis to support their preconceived policies? i'll tell you what happens. it leads to war. i'm john kerry. aku, you're watching the whistleblowers. ah welcome to the whistle blowers, john kerry, aka. it's no secret that the american government during the george w bush administration, made up its mind to go to war with iraq on false pretenses. the white house accused saddam hussein of building and deploying weapons of mass destruction that just simply wasn't true. the white house accused saddam hussein of being in league with some a bin laden and al qaeda. that also wasn't true. george w bush and vice president dick cheney wanted to overthrow saddam. they didn't care
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what the truth was. we're going to talk about how that cynical decision led to war with the whistleblower who tried to stop it. were joined by air force, lieutenant colonel. karen, quite koski. karen, welcome to the show. thanks so much for being with us. you were raised in a patriotic christian republican home and you freely entered into public service. as soon as you pay came an adult. karen, you join the military and you were commissioned as an officer. you eventually rose to the rank of lieutenant colonel, and you retired after 21 years of service in the u. s. air force, and that the national security agency. like all national security whistleblowers you took your oath to the constitution seriously. and in the prelude to the iraq war, you spoke out about the corruption of political influence on the decision to go to war with iraq. tell us what that was like, what was it that led you to speak out? well, it actually started at the end of the cold war. i was in the military course,
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