it's a copy of a book . mm mm. for you and thank to the lab since the 2008 financial crisis with calls for immediate government intervention, also ahead fragments to help 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. civilian infrastructure again comes under ukrainian. shelly anger boils in the u. k. as a bbc hospice suspended from work over criticism of the government to build on illegal immigration with its wording about the country's slavery system. and

as south africa deals with rolling blackouts, it now faces a shortage of water as reservoir levels continue to decline, adding to the list. the problems in the country are correspondent reports from the c a good evening for mark, international studios in moscow, and welcome to the ripple across the financial world. following the collapse of the california. it's the 2nd largest collapse, the financial institution in american history. a former treasury and 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 of old nature or sector which has been dynamic. unless i, the government is able to assure that this situation is work through

silicon valley bank provided financing for almost half of american venture back technology businesses. it was among the top 20 us commercial banks with $209000000000.00 and total assets at the end of last year. the collapse has global implications. media reports claim, some brazilian firms with more than $10000000.00 in the bank, have lost their money. and that could just be the tip of the iceberg as v. b has also branches in india, china and all across europe. in the u. k, more than 180 companies have sent a joint letter to the british government, calling for help. the loss of deposits has the potential to cripple the sector and said the acquisition 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,

parallels are being drawn to the global financial crisis of 2008, which was triggered by the collapse of what was america's 5th largest investment bank. bear stearns. it's exposure to the sub prime mortgage fiasco led to the so called great recession and was the star 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 crisis. in an attempt to slow the economic downturn, the federal reserve significantly cut interest rates. but due to the loss of revenue and decline, it marking confidence more banks began to fail. lehman brothers was the most famous to collapse. and interestingly, the person who directed its financial operations also serve as the chief administrative officer for silicon valley bank. financial journalists, an author, rebecca fan and fears the s v. bees failure will have major implications for the global economy. it's scary and everyone is talking about it. we

have seen the beginning of this. it could go a lot deeper through other bank to other services and the implications internationally as well as silicon valley bank is real major, major finance or a tech startup and also venture capital funds. so it's thing to have an impact not only on check on being able to raise the money or even to make payroll in the next few weeks, but it will also impact the venture capital funds that are financed by so found valley bank, silicon valley bank. it's been a limited partner in many venture fund. so this is going to have a major impact and bricks. hopeful candidates are. ron and saudi arabia find common ground and have agreed to resume diplomatic relations and reopen their embassies in a deal broker by bricks. member china,

senior officials from the middle eastern countries, how talks in beijing to bridge the divide, that delegates explain what paid the way to rebuilding bilateral ties of 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 of china hutch in disagreement. this vivid community with a shared future from mankind you're on firm le, supports the relevant initiatives. well, the reason they cons 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 are starting from iran, be wanting foreign minister, or has said that vi did we since agreement will build great capacity for both countries, both for to one and we all. and he has said that it's the policy of the iranian

government to tread on the path of good neighborliness with its neighbors, including with we are with saudi arabia. we all itself has tried to continue this path and roll in the middle east. it shows that china and in the regions to adhere to strategical autonomy and get rid of external influence and truly have in their hands the future and destiny of the middle east. or when it comes to the united states. you know, it's based on the outside seems to be interested in the agreement between we are mentor on the united states, said that it welcomes any effort to de escalate their region. the american president, our joe biden said that he welcomes in effort to help put an end to the game and he wore israel is souls, israel has said, is now interested in forces together in the east term block. try to unify different forces on different players in the region against the western union

arrows. and we see that russia, china, iran, and now it wants our tribal saudi arabia jumping on the bandwagon this line to a for this unified lives on the west. tomorrow's. i wish she weren't will happen in the future. we heard from residence in 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. i'm say a gunman, law. it is better if we have friendly ties with our neighbors, considering that the u. s. and other western countries enthusiastically desire to have their own military bases in iran, neighboring countries in order to have dominance on iran politically. and a friendly ties are constructed between iran and its neighboring countries. d, u. s. will not achieve its objective in god are going to south america. this signs agreements can have

a positive points. and that can be indicated by halting the war in yemen, destroy israel. so upset about the unification of islamic countries and cannot tolerate it. israel is certainly trying to disrupt this. less as fast as live now with carlo stories miguel professor of constitutional law at the university of santiago, the compass, stella. welcom. carlos, how difficult do you think it was to get around in saudi arabia to this point where they've revived their diplomatic relations and how significant is this for the region of the middle east? well, i guess it was really difficult. it cause the reason for treating that or it was a very deep and very acute recovery. so and actually both countries of war and both come 1st are involved in the

proxy war. so it was actually very, i guess it was very difficult to, to, to achieve the agreement. moreover, i think the discipline will have to know, in part, note, just to or i'll be an issue. but all right, yes, because you conflict show you bring the sense between sony and i'm. busy of the branches of islam like sheer is very also to, to live on it please. so only by know, for instance, but also really and then also africa also. so very important,

major development in international many look at this as emerging, multi polarity, considering it was china that health broker there deal. what does this mean for beijing and its role in the middle east? well, it's really extremely important step. first of all, because i think he's could be qualified to 1st rate political achievement of time in his foreign policy shy, it's good to say natural every year. so this is a success for, for china foreign policy. that's also we'll give more credibility. we should drink p,

use ukraine on the stuff. we're not many worst to try to some out on chinese emission and know we suck, says chinese denise. your p b. coms much more currently it was before. well, timing is everything. what do you make of the timing of the deal? does it have anything to do? potentially, with the relation between the u. s. and saudi arabia having been strained by the saudi decision last year to cut oil production? well the time and also it's extremely important because and maybe of lou israel, you as a politics, it was in clear the messages of the israel, a prime minister, were very clear that he was ready to launch an attack

against iran. that may be could be a nuclear attack in that, in order to avoid the development of the iranian nuclear program. so in this respect in the frame were, 1st, israel is written in iran in, in, in, in extruded on your way. and in a frame, saudi arabia began approach to israel. this is a message to israel, and it's a lie the you say that it, in the event of an attack against iran. iran will not be so late in the law mich world. so

these bull cams, in a critical moment, we're is trial and usa war i mean an attack against iran. so i seek this move good through that. and eventually these attack or at least will make the design the us in israel and use it. you think about this event jewel attack and its consequences? yeah. you mention it are the united states and israel and we've seen more calls for sanctions on iran from the u. s. but what other reactions do you expect from western countries in general of, from this move? well, actually, this move also has some impact on all the western countries. for instance, in eve,

eve israel with of course, the green light, washington green light pass run. this will be parked on oil supply to all the western cultures. i think this is the message of these agreement. so the western counties now have closed the door to do russian oil. it my brains do risk of rob decision to stopped export to the western countries. those were sent township support and eventual to run. so i think it's really not just on the content of

a story called the most important powers islamic world to leave the sunni and the leader of the ship. and also the timing when we are facing the rapes of israel to attack iran. so it's, it's a previous message not only to us, but also the western countries about the enormous risk phase. if they do not talk, the search is running against carlos res miguel, professor of constitutional law at the university of san diego that combo stella. thank you. carlos. a father and his 8 year old son

have been killed in a ukrainian artillery attack on a bus depot in the city of don yeske. shell fragments at the location have been reported to be of nato origin, or to respond that roman closer as reports from the scene. 2 people were killed as a result of ukraine artillery shelling against residential areas here in done as a man had his 8 year old son war. in this said sax. he wanted this frank took place . fragments of the shell went right through the car right here. and right through this seat, as you can see, the blood is a 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 are completely safe, although i own

i 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. the city of den, yes, shall fragments that were likely of foreign origin from what looks to be a $150.00. 5 millimeter caliber weapon had been found at the scene of the attack or more for the 2nd time this week. ukrainian artillery used at natal 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 right here. now also a dog was killed. now, thankfully it said the, we can, so there were no employees at this 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 said they were unlucky. as a shell fragments struck them and they killed the father instantly and the child died on the way to the hospital room on cauthrin r t done escrow public. let's turn now to the latest from the front lines of the ukraine conflict. the wagner private military group says russian forces are now just a kilometer from the center of our deal most in the don, yes, 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, in age, the ukrainian president claims caps troops are, quote, exceeding their goals. while the conflict is flooded with nato supplied weapons, russian forces use a variety of means to deal with. then this video from the russian defense ministry shows a british stormer armored vehicle equipped with an anti aircraft missiles system

that had been detected in the area loaded with the coordinates, a kamikaze drone set out on a mission. they become commonplace in the conflict and are used by moscow to take out assets on the other side of the front line. ah, activists have taken to the streets of paris to express their solidarity with migrants. this comes as the leaders of france and the u. k. held a summit with the refugee crisis on the top of the agenda. we heard for some local, we have to fight back. we have to do 10 human rights. we have to actually find a solution to what is happening. i mean, we have 30 years of the situation that is going on on the border. we have people dying, we have people suffering. and at the moment everyone is pushing the ball one through each other without never looking for an actual solution. who claims, ultimately, probably the border issue on the table today is of concern to both france and britain. but in fact, it's an issue for all of europe. 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, and with front acts. 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. mom did as a, 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 set to stop those coming over by boat. some of the wording use has been called into question. prime minister wishes to not posted the national campaign slogan that migrants would be denied access to the u. k. a modern slavery system. a prominent host at the b. b. c took to twitter, comparing the government plans and some of the language used to germany's migration

policies of the 19 thirty's. there is no huge influx. we take for fuel refugees and other major european countries. this is just an immeasurably cruel policy directed at the most vulnerable people. that picker is now a major star at the broadcaster, but he since been suspended by the corporation. which side is social media activity breached at the impartiality guidelines? the decision to remove him sparked a boycott, not only by his co host, but also their potential replacement. and he's not the only one who's questioning the government campaign. going to get some slaves before its 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. this is absolutely disgraceful. complete application of humanity is going to be arrested.

how can you recognize the world? what is levy calling from? do you think it is? all right, don't you know about more than slavery? it knew that dad is in the organization by the way, just published by the british rule that there's something or what else? literally exist, this is a what is it, colonel? lots of potential got you. so according to sending one you want, it is like it kind of a short down of you want to do for them to want to know supposed to be the lives on the elimination of the human civilization. he's like, running british are going to be part of the initial and in their job on what you can do. i'm do have, you know, more privately when you've got to mr. got to go right. saw radio editor and political analyst, alexander mackay, to people who been fined and imprisoned,

full tweets that have been questioning the narrative around everything from cove it to the ukraine war. now finally, somebody who's very high profile has over as now been targeted for cancellation because of the views that they have expressed. b, b, c 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 to 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 founded 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 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 stitcher. south africa, already dealing with near daily rolling blackouts is now struggling to deal with water shortages. greenpeace reports that millions of people have seen their taps run dry. as rationing measures have been implemented for water store hundreds of kilometers away in now. shrinking reservoirs are t correspondent. no. lou lou, yukon. gay brings us the story. that is 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 officials is disruptions to water. reservoirs is causing more water related disasters in africa and to tackle these challenges. citizen say government needs to do more than just talking. a mother appeared as national dispos that sometimes the tops run dry 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. more you'd go to, i can come back, what would still not be back? okay. 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, certain 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, that 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 for their god, 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 a well known fact that our water and waste water and regulation systems or

dilapidated failing, and the severe pressure had been under capitalized and then in many ways or dysfunctional. 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 national restaurant. let's go to ripple across the country and i'm afraid this is where we hitting quite interesting to know that in the case of load shading, 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 water is shedding or shortage, and have more dire consequences than what we, as africans have already experienced for our t unknown. we couldn't get into hannah's, but that's her up on the hour's top stories and coming up option ritathui discusses india's foreign policy and it's neutrality on the ukraine conflict with a senior

b j. p leader. next on going underground. thanks for tuning in. stay close. aah! i'm after t as in, 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 pulpits, rito de joined, 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 reb.