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tv   News  RT  March 11, 2023 2:00pm-2:28pm EST

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the kremlin media machine, the state aunt rushes a little, she did you think it was with her since the 2008 financial annies and individuals holding the bag with calls for him. also ahead fragments of the shell went right through the car right here. and right through this seed, as you can see, the blood is still there. a father and son are killed and done yet scared civilian infrastructure again comes under ukrainian shelling and as south africa deals with rolling blackouts. it's now faced with a shortage of water,
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as reservoir levels continue to decline, just adding to the list of problems in the country. our correspondent reports from the scene. ah, good evening from our t internal studios in moscow and welcome to the ours top news stories worldwide. i'm fiorella isabel, shock waves are beginning to ripple across the financial world following the collapse of the california base silicon valley bank. it's the 2nd largest failure of a financial institution in american history. a former treasury secretary warns that without government intervention, the whole venture capital sector could be wiped out. it certainly is going to have very substantial consequences for silicon valley for the economy evolve and sure. our sector, which has been dynamic unless i,
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the government is able to assure that this situation is work through silicon valley bank provided financing for almost half of american renter back technology businesses. it was among the top 20 nations media reports claim, some brazilian firms with more than $10000000.00 in the bank, have lost their money. and that could be just the tip of the iceberg. as v. b has also branches in india, china, and across europe. in the u. k. more than 180 companies have set a joint letter to the british government, calling for help. the loss of deposit has the potential to cripple the sector and said the eco system back 20 ish. many businesses will descend into invalids for liquidation overnight. this costs will start on monday, and so we call on you to prevent it now. now, parallels are being drawn to the global financial that was triggered by the
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collapse of what was america's 5th largest investment bank. bear stearns, it's exposure to the subprime mortgage fiasco lead to the so called great recession and the start of a domino effect of financial business failures. a recession in the u. s. economy was also seen as a key blame factor in the financial crisis. in an attempt to slow the economic downturn, the federal reserve significantly caught interest rates. but due to the loss of revenue and declining market confidence, more banks began to fail. coincidentally, the very also serves as chief administrative officer for silicon valley bank professor of economics and politics. jack ras, miss told us that s b b 's collapse is directly tied to the current us strategy of curbing inflation by raising rates. the fed cannot raise interest rates high enough to bring down inflation, because inflations must be supply side to can't do anything about that. so they're
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trying to take inflation down by raising interest rates, letters, crushing demand alone, right? but when they raise it up a certain level between 5 and 6, i 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 will hope to start ups or gun ago. i got a crash, right? that's where the government, i think, is going to really jump in and bail an ounce already signs the doing it. 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,
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the tentacles of contagion are, are very widespread and we don't really know it. because there are these tentacles, this debt clinicals are always very, you'll take, you know, 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. very important bank. and it'd be interesting to see what happens on monday, both in a financial market stock 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 start ups in the tech industry for a while. i so, you know, it's all traceable to the fed interest rate policy and by this policy attacking tech tech to come back to the u. s, which is the part of the geo political. the problem with biden is that it's,
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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 from now. i think it's too early, much too early to say that. and unlike in 2008, oh boy, the government is jumping on this thing, ensuring bay aloud and so forth. already within 24 hours, see 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 gonna stop raising rates?
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and that means inflation is going to stay high and 345 percent. it's not going to come down. so then 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 further financial stress and that the fed doesn't work very well. the policy doesn't work very well anymore. in the 21st century, where you got a globalized financial ais world economy. a father and his 8 year old son have been killed in a ukrainian artillery attack on a bus depot in the city of daniel shall. fragments at the location have been reported to be of nato origin. arthur correspondent romance causative reports from the scene. 2 people were killed as a result of ukraine artillery shilling against residential areas here in the next. a man had his 8 year old son war in this said sax. he wanted to strike took place. fragments of the shell went right through the car right here. and right through
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this seat, as you can see, the blood is still there. so li, fragment of the shell went for the car and ended up right here. went through it for the body of a man with him in the car at that point for his wife and of course the taxi driver as well. the wife and tax the driver are completely safe, although i fragments of a shell went right through their clothes with them. they showed him that the confession federal investigative committee officials have completed their investigation of the ukrainian forces artillery shelley that targeted the cooper, chef ski district of the city of den. yes. shall fragments that will likely of foreign origin from what looks to be
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a $150.00. 5 millimeter caliber weapon had been found at the scene of the attack. for the 2nd time this week, ukrainian artillery used at ne till made a weapons and targeted as 2nd bus depot here in done as for public. as i said earlier, 2 people were killed. the father and the son writes a here. now also a dog was killed now, thankfully it said the we can so there were no employees at this. a bus depot at the moment and said the father and son who died were in at sax. he and they were on that road just basically passing through and they were unlucky as a shelf fragments struck them. and dick killed the father instantly and the child died on the way to the hospital room on call for a party. the next group public. let's turn now to the latest from the front lines of the ukraine conflict. the wagner,
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private military groups as russian forces are now just a kilometer from the center of arte, almost in the dawn. yet to republic. the area has been the focus of intense fighting for months. nato recently warned the city could fall to russian forces in a matter of days. however, an aide to the ukrainian president claims camps troops are quote, exceeding their goals. while the conflict is flooded with nato supplied weapons, the russian forces use a variety of means to deal with them. this video from the russian defense ministry shows a british stormer armored vehicle equipped with anti aircraft missiles. systems that had been detected in the area loaded with the coordinates, a kamikaze drones set out on a mission. they become commonplace in the conflict in our youth by moscow to take our assets on the other side of the front line. the activists have taken to the streets of paris to express their solid arity with migrants. this comes as the leaders of france and the u. k. held the summit with the refugee
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crisis on top of the agenda. we heard from some locals who say, current policies cannot resolve the situation. i mean, seeing the new policies that have been put in place by the government in the k. and the reason why derek, i'm here today. we have to actually find a solution to what is happening. i mean, we have 30 years of the situation that is going on the border. we have people dying . we are people suffering. and at the moment everyone is pushing the ball one to each other without never looking for an actual solution. the claim was probably the border issue on the table today is a concern to both france and britain. but in fact, it's an issue for all of your own people are dying in the mediterranean sea. they're not welcomed anywhere, but the united kingdom is still for these people, their last hope. instead of creating safe routes and welcoming people with dignity, we try and stop them with military installations with dogs, with drones,
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and with front attacks. all these measures, in fact, don't prevent people from crossing the border, but puts them at a higher risk when doing so. and generates more smuggling networks that as well as the u. k, has seen a dramatic increase in the number of migrants crossing over from france. the government's come up with a new policy called the illegal immigration bill. while the plan is said to stop those coming over by both some of the wording, youth has been called into question. prime minister richie through nat posted the national campaign slogan that migrants would be denied access to the u. k. 's modern slavery system. a prominent host at the b, b. c took to twitter, comparing the government's plans and some of the language use to germany's migration policies of the 1930. there is no huge influx. we take far fewer refugees and other major european countries. this is just an immeasurably cruel policy directed at the most vulnerable people in language
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that is not dissimilar to that used by germany in the 30s. and i'm out of order. the legendary footballer gary linux, her is now a major star at the broadcaster. but he since been suspended by the corporation which said his social media activity reached his impartiality guidelines. but the decision to remove him sparked a boycott not only by his co host, but also there are potential replacements. and he's not the only one who's questioning the governments campaign. gotta get some slaves before it's legal. the government tech control for came by saying, if you get people here, there will have no protection from slavery. an unforgivable message, a sentence which shames the country and everything it stands for. it is absolutely disgraceful. complete application of humanity is going to see how can you recognize the war? one is levy calling from d. i just renting it august. all i mean is that,
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do you know about more than slavery? it means that that is in the organization by the establishment, by the british rule, that there's something almost literally exist. this is a, what is it, colonel m lots of potential. got you. so condescending. one humanity is like a kind of a short down of humanity for them to want to know supposed to be the lights. on the illumination of the human civilization is running very shortly to the fact that the initials pending their joint on who voices opinion for you. i'm do have, you know, one worth part of the one is do not turn. you forgot to go rats. our radio editor and political analyst, alexandra mackay, told us disbanding the bbc host once more, prove that there is no free speech in the u. k. the problem is, of course,
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the britain, although the british government likes to lecture everybody on free speech, we don't have free speech in this country. not really. there's been people who have been fined and imprisoned for tweets that have been questioning the narrative around the roofing from cove it to the ukraine. woman who's very high profile has or has now been targeted for cancellation because of the views that they have expressed. bbc is a state broadcaster, it generally takes its line from the government not directly, but indirectly, though sometimes the government likes to crack the whip over it, so make sure that it stays in line. and that's an example of what is happening now . but to call independent is frankly, just not true any examination of its structure or how it's funded reveals that it is a state broadcaster at the last attempt by the b. b. c. do. journalism that was severely critical of the government was over 20 years ago in the aftermath of the invasion
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of iraq by george bush and tony blair, where they did do some critical reporting on that. and then the all the people responsible for that were driven out of their jobs very quickly in an establishment stitch up south africa already dealing with that millions of people have seen their taps run dry as rapper water stores hundreds of kilometer. lulu, you cool day brings us the story. now 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. and just talking about they are paid as national 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 . make an indian worse, remo you'd go to, i can come back, want and would still not be back. 010. if school is ashley mars,
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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 that you've been given along on, but it's not, the water crisis is hurting us 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 that that african war to christ is. it's yeah, it's getting worse than it's affecting millions of people. i think it's her well known trek got government at the moment is struggling with a lot of service delivery issues to rolled out. factor in a g. platforms are unstable and it's also well known trek. there to al water and wastewater and ridiculous and systems all dilapidated failing under severe pressure. in fact, aussie accelerated asi ultimately,
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this is very lucky to trigger unrest, nurse on restaurant this guy to ripple across the country. an interesting to know that in the case of load shading, alternative sources of energy can be made accessible, but would water alternative sources may not be as accessible all available. this means that the situation of water shedding or shortage, and have more dial sequences than what we, as africans have already experienced for our c, i'm known, we couldn't get into hannah's birth. a suicide mom has killed at least one person and wounded more than a dozen in northern afghanistan. the blast took place at a cultural center in the city of mazar. e sharif were local journalists, had gathered to celebrate the afghan national journalist day. we spoke with victory, the falling images may be disturbing, but center, where ceremony celebrating afghan and national journalist stay was being held.
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while students were singing a traditional song, a bomb went self. there was a huge cloud of dust and darkness all around us. i can't hear anything now my fe, my is damaged, my legs are also injured. and so many journalists and some officials were present at the ceremony. i was sitting with my camera behind the audience. when a bomb exploded. i fell to the ground. many others fell on top of me. i could not understand what happened. there were people lying on the floor. i have a head injury now, many of my colleagues owned this cancer as 2 days after another terrorist attack claimed the lives of the bog province, governor. and 2 of his staff earlier we heard from a local ginger to julius ceremony was being held to present. it was to promote local journalists, meditations, and journalists. what's on the ceremony at the time the bomb exploded that administration and doctor said the local host, your site, where they are treating they wanted in the attack. tensions are rising and france
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as another day of demonstrations have taken place with police, expecting up to a 1000000 people at the rallies nation wide. that's as the french public protest, the government's plan to raise the retirement age from 62 to 64. to put it shows hundreds of people classing with police as the demonstrations turned violent. this comes after the french president's office for lisa notice to workers unions on friday. president emmanuel mc crone has made the choice quote, to make the french work a little longer. according to the document, trade unions have been asking to meet with the french president a demand which he has refused. and burks hopeful candidates. iran in saudi arabia, fine common ground and have agreed to resume diplomatic relations and reopened their embassies in a deal brokers by bricks. member china, senior officials from the middle eastern countries. how talks in beijing to bridge
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the divide, the delegates explained what paved the way to resolve disputes. saudi arabia hopes that this will open a nuke 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. well, the reason they talked between we are going to ron of has become a hot topic across the world with many world leaders starting to react to the issue . oh, well, starting from iran, do you want informed, mr. i'm here of the not, you know, has said that v do research agreement will build great capacity for both countries, both for to one and we are. and he has said that it's the policy of the iranian government to tread on the path of good neighborliness with its neighbors,
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including when we are with saudi arabia. we all that so has also a reaction to the issue. officials from the saudi king donor. i said that these wrong proposal to have the wrong, as they believe that this will lead to more stability in the region agreement broker by in china. it's a very major set by our seizure and paying our who has just started his 3rd term as a chinese president. starting with this good news and trying to build trust between the 2 arch rivals. the long term are tribal step one embryo. this is a major step towards china's stronger role in the middle east. the show that china is interested in the middle east politics and in the regions our economy proven kasha gray sh. 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
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resolving conflicts and disputes between countries through a dialogue and negotiations. china supports countries in the middle east to adhere to strategical autonomy to strengthen unity and cooperation. get rid of externally . the agreement between all mentor, rob united states, said that it welcomes any effort to de escalate the region. the american president, our joe biden said that he welcomes any effort to help put an end to the game in war to the saudi war against him. but when it comes to israel, israel is ah, seems to be alarmed by the agreement or lee of officials. israel has said that this agreement will deal at the field low to any effort to try to isolate iran and to try to build a coalition against chair ron china is now interested in bringing different voices
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in different forces. together in the eastern block, you try to unify different for force and different players, and are we just against the western unit barrels and we see that russia, china, iran are now. he wants our tribal saudi arabia jumping on the bandwagon. and he's trying to, our foreign, this unified alliance against the western union, animals and i will see what will happen in the future. we heard from residents and iran who expressed support for renew ties with saudi arabia, saying it would add strength to their country and standing up against foreign actors meddling in the region. hansley a gunman, law. it is better if we have friendly ties with our neighbors. consider it dominance on iran politically. and if friendly ties are constructed between iran and its neighboring countries, the us will not achieve its objective in ga, ga. gov will not real. certainly trying to disrupt this. the future of the middle
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east should not be determined by those should be determined by those in the region . that's the message from the chinese foreign ministry who says beijing's bilateral ties are built on respect. china pursues no self interest whatsoever in the middle east. we respect the stature of middle east countries as the masters of this region and oppose geopolitical competition in the middle east. china has no intention to and will not seek to fill a so called vacuum or put up exclusive blocks. china always believes that the future of the middle east should always be in the hands of the countries in the region. it's a very important event in the only middle east, but also inga china foreign policy china hoax. they had to not only the 2 countries, but also all the countries in the middle east could 30 valve happened to buy themselves for washington. they should at least rethink and tell why. now we're in the walt, they are more and more people are never
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a chance to washington. and him any longer. usa is a main driver for dual regional instability and a conflict not only in middle east, about also in eastern europe casa, in the, in a pastor, 40 years a year and a half states has launched. a lot of them was in the, in the walked in middle east, it at least a one meaning that people have died under the fi of the united states. so now where you lay people node peace days to be. and as the blower who tried to stop it next on the whistleblowers, thanks for joining in. stay close with ah
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ah so what we've got to do is identify the threats that we have. it's crazy foundation, let it be an arms race. his on offense. they're down and talk ah ah
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ah. 2 analysts especially.
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