tv News RT March 11, 2023 8:00pm-8:29pm EST
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[000:00:00;00] ah ah, the largest us bank to collapse since the 2008 financial crisis leave scores of companies that individuals holding the bag with calls for immediate government intervention. also ahead 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 in don, yet that civilian infrastructure, again, comes under ukrainian selig. anger boiled in the u. k. as a b b. c. host. it's suspended from work over criticism of the government's new
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bill on illegal immigration with its wording about the countries library 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 of problems in the country. our correspondent reports from the scene. ah, good evening for mark international studios in moscow, and welcome to the hour's top stories across the globe. 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 collapse of a financial institution in american history. a former treasury secretary warrens that without government intervention, the whole venture capital sector could be wiped out. it certainly is going to have
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very substantial consequences for silicon valley, for the economy of old ensure a sector which has been dynamic unless the government is able to assure that this situation is worked through silicon valley bank, provided financing for almost half of american venture back technology businesses, it was among the top 20 u. s. 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 in 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,
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calling for help. the loss of deposits has the potential to cripple the sector and said the eco system back 20 ish, many businesses will be sent to invoice for liquidation overnight. this costs will start on monday, and so we call on you to prevented no 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 subprime mortgage fiasco led to the so called great recession, and was 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 crisis. in an attempt to slow the economic downturn, the federal reserve significantly cut interest rates. but due to the loss of revenue and declining market confidence, more banks began to fail. lehman brothers was the most famous to collapse. and interestingly,
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the person who directed its financial operations also served as the chief administrative officer for silicon valley bank, financial journalist, and author rebecca fan and fears as b. b, 's failure will have a major implication 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 banks to other services and the implications internationally as well as silicon valley bank. is a real major, major finance or a startup and also venture capital funds. so it's going 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 was so impact the venture capital funds that are financed by so sound valley bank, silicon valley bank. it's been a limited partner in many venture, fine. so this is going to have
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a major impact and bring hopeful candidates around. * 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 or divide. the delegates explain what paved 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 that this will open a new chapter and 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
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a community where the shared future from mankind. iran firmly supports the relevant initiatives. well, the reason they cost between we up at ron has become a hot topic across the world with many world leaders starting to react to the issue ah, well, started from iran, the wanting foreign minister of iraq. the lawyer has said that vi did we, since agreement will build a great capacity for both countries, both 4 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 neighborhood and s with its neighbors, including with we are, with saudi arabia. we all itself has also reacted to the issue. officials from the saudi king or a said that they will try to continue this path as will lead to more stability in the region. agreement was brokering with this good news and trying to build clos
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between the 2 arch rivals. the long term are tribal step one and real. this is a major step towards china's are stronger role individual needs to show that china is interested in the middle east politics. and in the we just 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 resolving conflicts and disputes between countries, through dialogue and negotiations. china supports countries in the middle east to be interested in the agreement between we all met to robert e. j that the american president of july to said that he won't come in here for to help put an end to the end of the war to the saw the war against yemen. but when it comes to israel, israel is, ah, seems to be alarmed by the agreement of the officials. israel has said
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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 check raw china is now interested in bringing different voices in different forces. together in the eastern block, you try to unify different for a foursome different players in the region against the western union battles. and we see that russia, china give ron, and now it was arch residence in iran who expressed support for there were new ties with saudi arabia saying it would add strength to their country and standing up against foreign actors meddling and the region. i say panama, 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's neighboring countries in order to have
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dominance on iran politically. and if friendly ties are constructed between iran and its neighboring countries, the u. s. will not achieve its objective in god are going to south america. this signed agreements can have a positive points. and that can be indicated by halting the war in yemen. is rosa. israel is upset about the unification of islamic countries and cannot tolerate it. israel is certainly trying to disrupt this professor of law at the university of santiago, the compass fella, carlo cerise miguel believes these agreements are a huge diplomatic success for china, which will have a significant impact on the region. both countries of war and both come 1st are involved in the boxes war. so it was actually very, i guess it was very difficult to to, to achieve these agreement play. moreover,
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i think the discipline will have been no no just calling to this or be an issue but also all the re yes, this is a success for, for china. busy foreign policy. all sure. we'll do you more for many in the worst are some down from chinese emission. you know, we suck, says chinese in the ship becomes much more currently more. it was before thousands. i've taken to the streets of tel aviv again and what's become the biggest protest in israeli history . anti government rallies have been taking place for more than 2 months now. the
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demonstrators are outraged the government's plan to reform the judicial system. are teas, middle east correspondent, maria fin ocean, reports from the thin a israel is shaking by nationwide again. the menu apple, that government plans to change the country, the additional system so that the powers of sick with wild, with a student teacher is university professor assigned kids might taking orders among them. they say the theory, israel on the way. and if we are here because we are worried for our country, our democracy is in danger. and we just want to keep it that way. i think the ship is on the way, and we don't want to become one of those countries have had
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a democracy in 3rd of dictatorship overnight. so exactly what happened in ball. i'm in gary off anywhere in the 1st rock to be doing the same place. but foster with the country they like it was born here. i brought to children here and i have grown children here. and i would like this country, my country, they did the same is i was born because all of us was in the army. we fight for this country and we like it to be the same. we don't want any changes. i'm terrified of what our country is going through. i had 4 kids and i'm very
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afraid of what's going to be their future. everything here is chaotic. whether it's the army and the commanders and the police. are this why we have wants to demonstrate before things happen and before it's going to be too late. in the last 10 months graders have been taking all over israel some of the biggest israeli history with people in recent weeks, a growing reserves have a government, a reminder that even the country airline also spoke against the proposed changes last saturday. the anti government protest here in telling went out of control demonstrators rhodes that believe barriers went to the main highway blog to couple of hours. they were severe.
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clashes with several people were injured, and they were all several. ras prime minister benjamin netanyahu condemned to say these really have the right to demonstrate that did not have the right to paralyze the live. he gave green light to police to via greg down on protest or is lessons learned today? we see the security has been fight not magically, and all the entrances to the highway are law by says police barricades to prevent demonstrators to block it, to go there. a number of major changes with
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they felt they have been processing 4 weeks already and they say they will not. they with a rob selby, 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. are to correspond that romance cost of 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 the strike took place . fragments of the shell went right through the car right here. and right through this seat. as you can see,
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the blood is still there. so the fragment of the shell went through 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 fax the driver are completely safe, although, ah, fragments of a shell went right through their clothes with . mm hm. as i showed him that the confession federal investigative committee officials have completed their investigation of the ukrainian forces artillery shell like that targeted the cooper chef ski district of the city of denise shall fragments that will likely of foreign origin from what looks to be a 155 millimeter caliber weapon had been found at the scene of the attack market for the 2nd time this week. ukrainian artillery used it and made so made
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a weapons and targeted as 2nd bus depot here in don't ask republic. 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 bus depot at the moment and said the father and son who zide 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 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,
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republic. the area has been the focus of intense fighting for months. nato recently war in the city could fall to russian forces in a matter of days. however, an aide to 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 them. this video from the russian defense ministry shows a british stormer armored vehicle equipped with an anti aircraft missile system that had been detected in the area loaded with the coordinates, a kamikaze drone set out on a mission. they've become commonplace in the conflict and are used by moscow to take our assets on the other side of the front line. 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. how they summit with the refugee crisis on the top of the agenda we heard from some locals is
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a current policies cannot resolve the situation. i mean, seeing the new policies that have been put in place by the government in u. k. and the reason why they're coming here today, we have to fight back. we have to defend 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. glenville didn't leave horribly. 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,
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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 that is with them. 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 richie soon, i posted the national campaign slogan that margaret would be denied access to the u . k. is modern slavery system. a prominent host at the b, b. c took to twitter, comparing the government's 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 in language that
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is not dissimilar to that used by germany in the 30s. and i'm out of order. the legendary footballer gary linux is now a major star at the broadcaster, but he since been suspended by the corporation which studies social media activity breached its impartiality guidelines. the decision to remove him sparked a boycott, not only by his coast, but also there are potential replacements. and he's not the only one who's questioning the government. the government tech control for came by saying if you get people here that will have no protection from slavery and unforgivable message, a sentence which shames the country and everything it stands for me. just go to your dad is in your organization by the bridge. this is like a kind of room to one do not suppose to be a human civilization is our gun and roots are going to be part of the initial pending from getting you on. do have you know more and more the part of the one is
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do dr. mr. got a minute go read sar. radio editor and political analyst, alexander mackay told us suspending the b b. c. host once more proves that there is no free speech in the u. k, the problem is of course, 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 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, so make sure that it stays in line. and that's an example of what is happening now
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. 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 as a last attempt by the b b. c. to 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 stitch as rationing measures have been implemented for water stored hundreds of kilometers away in now shrinking reservoirs are t correspondent know lou lou, you could gay, brings us the story, that 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 miss manners. 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 talking. a
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mother appeared 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, 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 bye for me, 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 man that you've been given along on, but it's not the water crisis is hurting as badly as in 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 for their god. government at the moment is struggling with
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a lot of service delivery issues to rolled out in fact that are in a g. a platforms are unstable. and it's also well known fact that our water and wastewater and ridiculous and systems or dilapidated failing, and the 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 likely to trigger abreast less unrestrained reschedule ripple across the country. and i'm afraid this is where we hitting white . interesting to know that in the case of load 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 water shedding or shortage, can have more dire consequences than what we,
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as africans have already experienced it for our t arm. no, no, we couldn't get into hannah's bird. those were the hour's top stories for the latest breaking news and updates had over to r t dot com. and be sure to follow up on all social media platforms for more content. thanks for tuning and we'll see a back at the top of the hour. oh you're so them, you know, i mean there are things that like a white in nature, but the western approach to anything i internal, personal, interpersonal, or interstate relationship is one of black and white realities. are many, many shades of both different colors, different states,
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and other chinese philosophy approach to the issue isa. you know, if we are different, we can work together. ah, with ah, i'm after it and seen 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 have
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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 you and 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 barrett, he had you not a party of b, j. p. in india. unlike moody, he supports the nato line on ukraine, doctors of 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, he were slamming u. k. colonialism. and now, now you seem to be completely supporting your old colonial master, the britain, and the european colonial masters on the ukraine proxy war. what do you got against this rise of the global south? finally, winning the day? yeah. well 1st of all, the britain is following the american line. and then i'm not pulling britain
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