tv News RT March 12, 2023 2:00pm-2:31pm EDT
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a shiny or did it my dear bye. when you get on with that by mia with thousands of protesters take to the streets in moldova, demanding, the nation's leader resigned as authority. crime down on the way, the demonstrations converging on the capital. beijing appointed to new defense minister who's under u. s. thank you. as the country president king think makes history being elected for a 3rd consecutive term for a long time regional rival or wrong. and saudi arabia agree to resume diplomatic relations and re open their embassy and move with significant implications, as the multi polar world continues to bloss up and the later in the program.
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oh, mass protest gripping georgia this week as a political opposition called for the parliament's resignation. our team breaks down what sparked the attention and the role for actors play with coming to you live from the russian capital. this is the weekly on our to international. i'm rachel blevins here with the top stories of this week and today . welcome to the program. moldova have taken industries to demand the resignation of the countries president, maya, sand do, and other talk, government officials. the protest kicked off and the country's capital on sunday, and have been met with a law enforcement cramped down a local journalists sent us this report. if we're at the great national assembly square, where the protesters have a most people are chanting that the government needs to resign,
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riot police have now appeared at what began as a peaceful protest. but now we've just witnessed the 1st clashes as the police are responding very aggressively to the protesters. the police have blocked passage so the protesters can't go any further. at the moment, the police say that more than 50 people have been arrested. authorities have accused foreign intelligence agencies of organizing the protests in order to destabilize the situation in the country and claims that the rally was specifically organized by russians. special services to police have blocked bus services and built c. but despite this, the protesters decided to continue on foot to take part in the demonstrations in the countries capital. law enforcement claims. the blocking of transport was to prevent what they call an organization of mass riots, a member of the modem in parliament. marina talbert has just said that this is the 1st case in 30 years. authorities have a law, leslie prohibited residents from attending rallies. protesters say they are angry
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with the government for failing to keep its word and ignoring the problems the country is facing right now. will not shoot provision, so i came out to protest because our government does not keep its promises. prices i'll get in higher, especially on energy. the government promised as to re salaries and pensions, but promises and also kept the government does nothing. so this is how we're going to achieve justice. thank in the numbers, actually madeau van's want to solve our issues ourselves. it's true, there are a lot of pensioners at the protest because the pension is scanty and electricity prices are growing more expensive. people are right. no one can violate our right to protest as our government does right now. do you have it? we came here to defend the justice of a republic of moldova. we stand up against corruption. we want our modern language to be preserved, although as a 1000 year history, our own language. and now we're being told we must use romanian language. european sandy's professor steven guy edge believes them, although when governments of rhetoric against russia is dangerous and that it is
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feeling unrest. i think that the interest of the, of the vast majority of the population, regardless of their linguistic or ethnic background is for peace to remain in the country. and the problem that they face is a maya san do. and who governments that is constantly fueling the fears on one side and also in fueling this hawkish frederick towards, towards moscow. what the thought it was most going a couple of weeks ago, my son came out to the theory that serbian citizens are involved in conspiracy with moscow against against mobile doevema. and this was proven to be wrong. this is quite dangerous and i honestly hold off for both countries to remain a peaceful and neutral in the conflict that is going on. china is key
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political of that name. the 2 sessions has seen several fresh appointments to the government that includes the nation's new defense minister, who notably has been under us sanctions as 2018 for allegedly buying military equipment from russia. we heard earlier from a c, g jan correspondent who says the fact that the minister is sanction does not bode well for the prospect i've restoring dialogue between beijing and washington. despite i trade of friction since your political tensions back then, i mean 5 years ago china, they use tools, were still maintaining to clar matic any security dialogue which haven't been seen these days. many chinese new defense minister just appointed to day is now under the u. s and sanctions, he would not have a decent meeting with any u. s. officials or he's on his counterpart. so we are not expecting the leaders
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meeting between the 2 sides in terms of, you know, security talks. if you know the new ministries under sanctions, or you would not provide or create any good atoms for, for the 2 sides to restore the dialogue mechanism, which would not lead to any a better environment for the buy retires. so i think the washington has to consider if it has to make some moves towards that in your life, the country's new premier was also a fresh appointment. this week he previously served as a secretary of the chinese communist party and shanghai. the premier's nomination was supported by sharing pain recently in history as china's 1st president to be elected for a 3rd consecutive term. following his re election, president shake confirmed his allegiance to the country and its people are sure, i pledge to be a legion to the constitution of the people's republic of china and safeguard the
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constitution's authority. fulfill my legal obligations be loyal to the country and the people be committed and honest in my duty except the people supervision and work for a great modern socialist country that is prosperous, strong democratic, culturally advanced, harmonious and beautiful. i. eugene pe, take this oath. during the session, the chinese foreign minister expressed hope that the e u will embrace what he called strategic independence from the u. s. after the end of the conflict in ukraine, he added it's the west which is escalating the conflict while pursuing its own agenda all the while undermining china's proposed settlement plan. earlier you honish, regrettably, however, efforts for peace talks have been repeatedly undermined. there seems to be an invisible hand pushing for the per traction and escalation of the conflict and using the cream crisis to serve a certain geopolitical agenda. china's foreign minister added that washington is
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disrespecting beijing sovereignty tensions rose last august. when then, how speaker nancy pelosi ignored all warnings and paid an official visit to taiwan, sparking a sharp response from beijing and prompting large scale military rolls around the island. the minister pointed out the hypocrisy of the u. s. position saying that while washington respects the territorial integrity of ukraine, it is regards the fact that taiwan is an undeniable part of china parliament he should go. the chinese people have every right to ask. why does the us talk about respecting sovereignty and territorial integrity and ukraine? while disrespecting china sovereignty and territorial integrity on the taiwan question, why does u. s. gas china not to provide weapons to russia? well, it keeps selling arms to taiwan in violation of the august 17th communique. why does the u. s. keep on professing the maintenance of regional ties and stability
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while cowardly formulated in a plan for the destruction of taiwan pressures. deputy foreign minister says bilateral ties of china are driving the us and its allies around the world. crazy. he delivered his comments and an exclusive interview here on our tea that she didn't, i me to cancel this book would. obviously, americans are concerned that her comprehensive partnership and the whole complex of our ties, multi faceted and deep have received an additional impetus and continued to develop . despite all our enemies attempts to upset them and damage our relational city. the americans seem to understand that the russia, china nexus is one of the pivotal elements in the formation of a new multi polar world order. and it is, if you like, an antidote to the american dick tie an american hedge ammonia. we work with the people's republic of china, hand in hand, standing shoulder to shoulder, resisting the onslaughts of our enemies. we have a lot of projects and we have the groundwork for our work with china. if we have no
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hidden agendas, we are driven by the desire to ensure a stable development in a prosperous future for our states and our people. so, and that just seems to drive our enemies crazy in washington and some other capitals. their nervous reaction to what is happening is further confirmation that the course we have chosen with beijing is the right one. m lou turning now to the conflict in ukraine. 3 people have been killed and 15 injured, including 2 children. did a shelling by kids forces in the gospel region, a local supermarket, and to petrol stations were head according to local authorities. the reports also say that this drive was carried out using americans applied high mars rocket launchers. the local head of the region has called this tragic incident, a ukrainian terrorist attack intended to cause maximum damage to civilians. this cause after another strike sunday on a residential area and done as severely damaging several homes and leaving one
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woman wounded. their russian armed forces say it strike k military infrastructure targets and several ukrainian cities on thursday, including in the countries capital of kiev. according to the russian defense ministry, the operation was in response to terrorist acts carried out in russia's brianca border region. you freeney and forces earlier this month, meanwhile, and are tomorrow, also known as back mood. russian forces are now just a kilometer from the center of the city. according to the chief of the wagner group, the area has been the focus of intense fighting for months with ukrainian troops now almost fully surrounded, there's unverified footage circulating on social media shows, wagner soldiers replacing a ukrainian flag with their own on top of a russian monument in the eastern part of the city, this comes as washington now tries to downplay the significance of the key city. the fall of buffalo won't necessarily mean that the russians have changed the tide of this fi. i think it's more of a symbolic value than it is a strategic and operational. while previous reports labeled the city as key and
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strategic, the narrative now suggests the stronghold is not so important and mostly hold symbolic value. russian forces try to take the strategic town of backward. the city itself is not that strategically important which all earlier in the strategic type of move it is not strategically important. it could lead to the full a slowly and can crime at all because well, the 2 most important cities in the don't bass, there is little strategic value. it's not a military hub, it's not a communications hub, it can be significant strategically significant given it, access to the rest of dumbass. number 2, you got to keep in mind lloyd. austin oversaw the withdrawal of us troops out of iraq back in 2011 and what crept in isis. so i don't really care that much
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for his strategic analysis. and number 3, it would take a lot of ukraine troops out of the fight. and i think that this is what they want to do given the ukrainian losses. i don't think it said insignificant and just to poo poo it, i think would be a demoralizing factor for the ukrainians at this point. if they work or just to get up and, and leave, and you look at the territory, that's there. that's significant territory. if the russians take it back over, shock waves are beginning to ripple out 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,
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for the economy of old ensure a sector which has been dynamic. unless the government is able to assure that this situation is work through silicon valley bank provided financing for almost half of the american venture back technology businesses. it was among the top 20 us commercial banks with $209000000000.00 in 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 b, b also has 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
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set the ecosystem back 20 years. when he businesses will be sent into involuntary liquidation overnight. this crisis 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. exposure to the sub prime mortgage fiasco led to the so called great recession and was the start of a domino effect of financial business failures. recession in the u. s. economy was also seen as a key factor in the crisis. in an attempt to slow the economic downturn, the federal reserve significantly cut interest rate. but due to the loss of revenue and declining market confidence, more bank speaking to fail. lehman brothers was the largest institution 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. so to go further in depth on this, let's cross live now to read and cozy executive director at 1st source money. thanks so much for taking the time to join us on the program today. now let's start out with the significance of the collapse of silicon valley bank, where many startups and venture capitalist kept their fund. well, would you say that it means specifically for the african continent and it's innovation economy? thanks, thanks for having me tricity. we should understand the balance sheet of bang so quietly. now, s the d, even if you do the american bank in california. but as sheet is linked right into in europe and asia, and in some way therefore, africa should eat the fact that this bank collapses into quality. that is, if the fed doesn't come up, especially tomorrow and monday,
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then we should see repercussions right to the us. new rock and of course, africa connected to that. and we can see country africa species which is well, well exposed to the you and us markets could begin to, to, to tear to. so there is a possibility that we can begin to see the applications. what down to here in africa? wow. so in that case, do you think that the bank failure could trigger another global financial crisis similar to what we saw in 2008? are we getting to that level yet? not yet, not yet, but as this really depends on how the fade is going to react more. in fact, they've been meeting since friday. we know when i've come up tomorrow on monday, it seems to me the, the federal insurance company may extend that is not illegal. may extend the insurance to the other deposit is. remember that that insurance car,
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insurance insurance is cut to the extent that they extend. perhaps it is possible to expand then there is a possibility that they can hold be sprayed otherwise today not right across the u . s. or small banks are going to have a ran on them that will extend to europe and passive asia. and indeed likely here in africa, back as 3 of this as perhaps being within the, the, the, the u. s. market alone because the fact is likely to act very, very quickly to ensure that all of these are small bang, we can actually assist in a lot of challenges as a consequence of the fed actually you know, get, get some sort of support. so the fed is likely to come in very, very powerful. yeah, there are certainly countless people waiting for what steps are going to be taken. now, as you noted, i mean we're talking about a bank in california, but what is happening to it is playing out on a global scale. so coming back to africa,
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how exposed our african economies after an event like this, were there lessons learned from the past, and is there really anything they can do when they're just waiting for, for the fall out to happen from a bank that's on the other side. of the world and it looks like we're having a little bit of a problem with the connection there. we're going to work to get it back. but again, that was red and cosy. the executive director at 1st source money ah, mass protest against a bill that would have required foreign agents to come out of the shadows have drifted georgia all week. the ruling party hasn't abandoned the draft law in a bit to stop the violent protests that erupt. it in the nation's capital, ah,
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thousands took to histories against the so called foreign agent bill landing. it clamped down on western news outlets and n g 's. despite it bearing striking similarities to an existing u. s. law. american official raton, georgia with sanctions. though the government reacted to protesters, demands by canceling the bill and releasing those who had been detained. crowds have continued to gather near the national parliament building. russia foreign minister says that events in georgia, how disturbing parallel to the ukrainian mind on uprising in 2014 very similar to caves made on there is no doubt that the law and registration of non
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governmental organizations that receive foreign funding in the amount of 20 percent of their budget was just an excuse to start an attempt to force a change of power. nevertheless, in a number of european countries, the same rules are much more stringent burrell stated, without batting an eye, that this contradicts european values and puts the block on the path of georgia secession to the you. in general, this hypocrisy is of course, obvious, is that official saying they dropped the legislation. protestors had demanded the parliament's resignation. the latest mass protest took place on friday. ortiz journal quarter reports from the ground behind me, the parliament building where thousands of protesters have gathered for the 3rd night in a row, they just launched a new demand to the government, demanding the resignation of the parliament. this is after both of the main demands of the protesters were actually met by the parliament,
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the 1st one being the release of all protesters web and detained throughout these protest and riots. and the 2nd one being the rescinding of this law that started these protests in the 1st place. that of course, was a law, a dropped law that the georgia parliament passed that would see on non governmental organizations in this country that make over 20 percent of their income from foreign sources. register as foreign agencies, we've seen a lot of anti russian sentiment here. ukranian flags, american flags, european union flags alongside the georgia ones. and they've been calling this proposed law that started this all a russian style law. that's despite the fact that this law does exist in russia, but was 1st passed in the united states all the way back in 938. and it actually carries much more severe consequences. criminal ones, including jail time for employees of organizations that fail to register as opposed to in russia where organizations that failed to register would simply receive
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a fine. now you can see behind me the protest has today been so far peaceful. but this has been the case over the past 2 days earlier in the night. around midnight is when really we started to see violence erupt. protesters throwing molotov cocktails and rocks and objects of police building barricades. and they've been tried to storm the parliament building twice. the police have obviously responded with tear gas and water cannons. and i was actually in the thick of it. yesterday i got tear gas and saw the action 1st hands. now, the government is actually divided on this issue. the parliament is at odds with the president who was in the i did states. when all of this, all of these protests broke out. she released a video with the statue of liberty behind her. what's her support in for the protests and denouncing the part of the parliament support for this law
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on friday works. hopeful candidates are wrong, and saudi arabia found common ground, agreeing to resume diplomatic relations, and reopen their embassies in a jail, brokered by bricks. member china, senior officials from the middle eastern countries held pox imaging to bridge the divide. the delegates explained what paid the way for rebuilding bilateral ties a talks this time have fully combed through the merits of the disputes between saudi arabia and iran, and explore 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. is a 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.
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well, the reason they cons between we are going to iran has become a hot topic across the world with many world leaders starting to react to the issue are well starting from iran. be wanting foreign minister, i hear of the lawyer has said that v. and if we, since agreement will build a great capacity for both countries, both $4.00 to $1.00 and we are. and he has said that it's the policy of the iranian government to tread on the path of good neighborhood 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 there are said that they will try to continue this path and appeal flossed with these romker problems of iran, as they believe that this will lead to more stability in the reject agreement was broke her by china. it's a very major step by our vision paying our who has just started his 3rd term as
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a chinese president, starting with this good news and trying to build trust between the 2 arch rivals. the long term, our tribal step one embryo, this is a major step towards china's stronger role individual needs to show that china is interested in italy's politics and in the we just economy drove on cash are greyish. the improvement of the relationship of both sides has paved the way for peace and stability in the middle east. it has also set an example for resolving conflicts and disputes between countries through dialogue and negotiations. china supports countries in the middle east to adhere to strategical, autonomy, strength, and unity and cooperation. get rid of external influence and truly have in their hands the future and destiny of the middle east, or when it comes to the united states. united states on the outside seems to be interested in the agreement between we are meant to rhonda united states said that
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it welcomes any effort to de escalate the reject. the american president, our joe biden said that he welcomes any effort to help put an end to the game and he wore to the saw the war. yes. yeah. but when it comes to israel, israel is, seems to be alarmed by the green man job or the 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 jack ron china is now interested in bringing different voices and different forces together in the eastern bloc contracting unit 5 different for, for some different players in the region against the western unit barrels. and we see that russia, china, iran, and now he wants aren't schreiber, saudi arabia,
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it jumping on the bandwagon. and he's trying to r for this unified alliance against the west sewland animals. and i will see what will happen in the future. and that's all for now. be sure to check out our t v dot com for all the latest breaking news and updates was the right back here at the top of the hour. ah, ah, ah ah
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affairs with the western earlier assumption that economic development would do way with geopolitical difference is now proven wrong. is a clash of great powers, inevitable will to discuss that. i'm now joined by you being senior fellow at the russian studies center at the east china normal university and senior fellow high association of american studies. dr. you, it's great to talk to you. thank you very much for your time. thank you for having me here. now let me start with an issue that is very close to my heart. and my hope this is a conflict in ukraine. and you are here in your article, but these vast and fears of the russian chinese alliance, i greatly exaggerated the beijing is taking a distinctly neutral position. but do you think the chinese americans define neutrality.
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