ah ah, us secretary of state, anthony blink and visits, ethiopia and niger to booth us influence in africa that has their trade accuses washington of impeding peace in the whole region. australia plan to buy 5 nuclear power submarines from the u. s. and develop more in the future draws criticism from china, mid concerns, the deal puts non proliferation agreements at risk. russia agrees to extend the black sea green deal, which was set to expire this saturday for an initial 60 days, but says the west must hold up in part of the agreement and allow the export of

russian great and fertilizers and multiple us bank c sharp balls. in their thoughts as to american bank collapse over the weekend. that's as president biden try to steady the vote. assuring americans their money with good morning for marquee international studios in moscow, and welcome to the hours most vital stories across the globe. i'm fiorella is about we started africa were u. s. secretary of state anthony blanket is set to visit ethiopia niger as the bite in administration, hopes to strengthen its influence on the continent. earlier the president of every trade accused washington of taking an, an constructive approach to the conflict into great hindering a peaceful resolution, are corresponded corolla, thought lud discusses the context of lincoln's visit to africa. the elections are

saying that they're looking at this route and their relationship with, if your p are in a different way, and that's what they're hoping to establish a re fashion, to re imagined relationship with. if you are considering if size and influence, he is more from molly fee, what we're looking to do is re fashion our engagement with the appear. we would like to be able to have a partnership that's commensurate with their size and influence and with our interests and commitment to africa. this is also part of the dynamics when you look at the 2 year war that happened in the northern te gray region. this war was that was fuel, if you will buy a peace deal upon the outlet, the prime minister of ethiopia shaking hands with mister wakey, who is the president of at a tree, just north of yogi. and it was that p deal that really unsettled the team. great

leadership as it were, and it was the start of much mission nations that lead out timidly to conflict, which is said to have displaced nearly half a 1000000 people and killed hundreds of 1000 small. but let's out of wiki, has his own views with regards to why the americans are involved. and he says that he blames washington for what he calls being and constructive at a time when it was much easier to have reached a peaceful solution. here's more from president as i, as upward. the crucial question is why this war was launched in the 1st place had a time when a peace agreement was signed. in our view, this was not really a t gray people's liberation, france agenda. but essentially the agenda of washington, the sad fact is perturbed and anxious as they were,

by the advance of peace between eritrea and s t o. p. impeding and scuttling it became the duct obsession. but mister blinking will move from if you'll move towards the new year. and that is a very interesting country and it says that it is right in the middle of the hell. and the hell has been a hot bed of conflicts over recent years. some 20 years, in fact, of islamic insurgency and just general extremism that we've seen from various groups who have interest in who controls the area. now is important to, to acknowledge here that the americans are hoping to re kindle a relationship with a country on this. a hell, even though they've had a 20 year participation as part of a global force and as the american forces, as on its own, but they have been unable to bring about the said piece. now the real question is,

why would they be successful now? australian plans to buy multiple nuclear powered submarines from the u. s. has drawn sharp criticism from china. beijing slammed the deal as destabilizing for the region. also raising concerns the deal jeopardize or nuclear non proliferation agreements. the nicholas submarine corporation, blood released today by all goose, is a blatant act that constitutes serious nuclear proliferation risks. undermines and national known proliferation system fuels arms races and heard speech and stability in the region. the u. s. president, u. k prime minister and australian p. m. announced plans to develop a new generation of subs that will be built in the u. k. and australia with us technology and support. the new subs are fueled by weapons, great, highly enriched uranium, and could enter service in the late 20 thirties or early 20 forty's staggered

inflection point in history. the australian foreign minister, though, has asserted that the vessels won't be nuclear armed, so won't violate the country's anti proliferation commitments. that's as the u. s. has praised a controversial new deal, calling it a prospect of peace. stand that inflection pointed history, where the hard work of enhancing deterrence and promoting stability is going to affect the prospect for peace for decades to come. united states can ask for no better partners. in the end o pacific were so much of our shared future will be written august as an enhanced security partnership between australia, the u. k. and the u. s. which the countries claim security stability in the indo pacific region, international and independent china specialist, andrew long says the august nuclear sub deal undermines peace in the regent and pushes other countries towards nuclear development. why know me? lucky?

so as far as the united states, or cuz there is concern, obviously because it is a nuclear propelled a nuclear on summer reads, it's likely to send a signal to other countries or to do the se. and obviously as the chinese foreign ministry, a statement says it's going to erode the kind of lawn deal critical. ready operation deal and then it was also send signals to other countries to nuclear themselves and they would break the whole global effort to the new carly's obviously, this law, peaceful apiece. we initiative because it is a marines even though not. ready nuclear armed, it is a nuclear propel using both military purposes. these are submarines. these are not motion ships. so obviously the use of nuclear power on all of propel systems

for military means. of course, it is a violation of the nonproliferation treaty because the next step is that you can use nuclear energy, all sorts of things for military purposes. moscow has agreed to extend the black sea grain deal with ukraine, but only for 60 days to assess whether the west will prove it's ready to fail it side of the deal. russia says it's commodities are supposed to be part of the agreement as well. our tea contributor rachel mars and explains the comprehensive and frank conversation has once again confirmed that while the commercial exported ukrainian products is carried out at a steady pace, bringing considerable profits to kiev restrictions on the russian agricultural exports as the stunning place. how far the stones were, we determined upon tangible progress on the normalization of our agricultural exports, not in woods, but in deeds. so this deal is supposed to allow grain from both russia and ukraine

to get out of the conflict zone and over to countries in need, notably in africa and asia. but russian foreign minister, sir, gala rav explain just a few days ago. and you might be shocked to learn this, that only half of that bargain has been upheld, and that's the half that covers ukraine shipments. you get the, the 1st part of the green deal package is the safe export of ukrainian grading from the ports of ukraine via the black sea. and the 2nd is the need to remove all obstacles to the export of russian grain and fertilizers. the 1st part is being executed, but the 2nd part is not executed at all. in fact, sanctions prohibit russian ships carrying green and fertilizers from entering relevant ports as well as prohibiting foreign vessels from entering rushing ports to pick up these cargoes. also, sanctions prohibit our russian agricultural bank from using the swift system if we're talking about a deal that it is a package deal. and if the package is half completed,

then the issue of renewal becomes quite complicated. so level again, evoke the double standard earlier this month that the g 20 foreign ministers meeting in new dally pointing out that quote, russian agricultural exports are being blatantly hindered. no matter how much the europeans and americans who are used to telling lies, try to convince everyone otherwise, it turns out that the western sanctions are blocking the ships carrying, rushing grains and fertilizer used to grow food from going to russia to pick up that cargo and also from entering the ports of delivery. so just how much you preening gurin is getting to the countries that actually need it most well left and leave the getting about 15 percent of the total export volume, which works out to about one percent each. that's according to the latest data from the black sea green initiative joint coordination center. the top 3 destinations for the grain are china, spain and turkey, representing 46 percent of all exports, involving hundreds of shipments. china, of course, axes, the gateway to asia and turkey. the gateway to africa,

but what's the deal with spain? spain domestically produces more than enough of the grain that it needs to feed its own people and europeans with people's grain. these accounting for just a quarter of all the countries domestic consumption, the rest of that grain that the country produces goes to feed its livestock, notably pigs. spain is routinely ranked as one of the top, if not the top port, producing country in the entire world. so that's great news for spain and europe. pork industry to get ukrainian grain, but it's not exactly how this whole deal was sold to the world as an absolute necessity. it's kind of like starting up a food bank and demanding donations and all this food. and then going home and shoving in your fridge, it smells like a total bait and switch. russia agree to the deal because there was so much hanging over the people's starving if they didn't. and now the data suggests that a huge chunk of the ukrainian food is just being sold to europe to fatten it's

livestock, and also it's coffers. chairs and several regional u. s. banks closed sharply lower on monday with some even putting trading on pause after stops hit record lows. this comes in the wake of the collapse of silicon valley bank. as fears of a domino effect spread. even larger banks have seen their shares go down, including city bank and bank of america. the stock crashes occurred as president biden sought to reassure americans that their money is safe, although he refused to engage with journalists after delivering his statement. all customers who had deposited these bank can rest assured, i am rest assured they'll be protected and they'll have access to their money. as of today, that includes small businesses across the country, the bank there, and need to make payroll paper bills and stay open for business. no losses with and

i'm one, this is important for no losses will be borne by the taxpayers. and we repeat that no losses will be borne by the taxpayers with the president. what do you know right now about why this happening? and can you assure me that there won't be a ripple effect? you should all the positives be rejected at all based on income from president biden's address to ease the fall out from s v b. 's collapse seems to have had little effect not only within the u. s, but also across the pond. on monday, european stocks fell as the self and bank stocks which began thursday continued with stocks falling to year record lows. the dive comes despite news that h. s. b. c had agreed to buy the british arm of silicon valley bank asian markets have also seen volatility following instability in the us. my colleague royce is shay spoke with archie contributor chris adams, who took us through the us banking crisis and what it could mean for the global economy. silicon valley bank. i don't think anyone had really heard of it outside

of the, the tech industry until friday. really, when will this news break? lot of people just to explain to the viewers at home most with no help and support, but some people are a bit unsure. so what happens is when you deposit money with your bank, your banks use your money to lend throughout the customers and not to be big institutions, companies or just people like you and i that may want to buy a home and get a mortgage. and now the problem with this bank is they had over $250000000000.00 on their balance sheet. so they'd actually lend out $249000000000.00. so that doesn't really leave that much of a cushion, right? let's say if something happens. so what happens the u. s. high interest rates as we've covered a lot on the program. and that obviously makes the debt that they're holding on their balance sheet, which was a lot of it within us government bonds worth less. so this is a really key point to talk about the interest rates for the rest of the key and critical point. yeah. yeah. so as those interest rates rocketed, the debt that they have, they have lent to the us government becomes less. right?

so that left this bank with a deficit on their balance sheet of about a $1000000000.00. now once that happened, the bank bid exactly what the guidelines say, i would say to see why it's the same way. you said, well, i need to go and raise that $1000000000.00 now to make sure that my bank is in the block now will happen when he did that, that spooked a huge amount of people. a lot of money in the bank companies, mainly who then there was a what, what we could have run on the bank. so about $13000000000.00 which was withdrawn from the bank really. and at that point the bank was totally broke, right? so then the regulates and the government have to step in and take over. now what i find really interesting glory is that they portrayed to be the leadership team of the bank as irresponsible. we had all the talk just before the weekend and over the weekend. they will be responsive, they will be now i've worked for a number of a regulated financial businesses. i wouldn't say my next, but i'm not just you know, disclaimer, i'm not a finance lawyer, but i would say i don't see anything within the guidelines that they did that was

fiscal year on. so i would say the fiscal responsibility lies with the regulator and ultimately with the u. s. governor, i ha, well, okay, so you bring it to the u. s. government let, let, let's bring it further in washington dc. here. joe biden has come out with a statement address in the public, essentially saying nothing to see here, move along, your money is safe but, but then, you know, when people, when also questions, i mean the guide legged it out the back door just now. i mean, is it possible the biden, in some way is trying to avoid what could be a dire truth or had ending at any answers for it? i don't think anyone really knows what's going on there and really beg, suspend. it stops on a lot of small cap banks. i mean, it's people, i'm 250000000000 sounds like a lot of money. and of course, it is a huge amount of money that full us institutions is actually quite a small it, you know, top 50 banks where they have so many banks say so really? i think they just, they just don't really have a clue what's going on. we saw the boss for him to give money, the hike of inflation rights. but are anyone seemingly understand what the consequences are receiving that? but you talk about the consequences. donald trump has put out this statement here

and you met it where the consequences or not. let's have a quick listen to what the former us president had to say with what is happening to our economy and with the proposals being made on the largest and dumbest tax increase in the history of the usa times 5. joe biden will go down as the herbert hoover of the modern age, we will have a great depression far bigger or more powerful than that of 1929. as proof, the banks were already starting to collapse. you know, chris, some people like to say in the certainly i think i'm one of them frankly that that the know the global banking system, it is so heavily intertwine. i mean, the tentacles reach far and wide around the world. and that does seem to be a legitimate concern about knock on effect from this. and do you see a risk of a knock on effect? yeah, think grow your word. tentacles. is absolutely apt in this case. i, i mean, let's look at the us. right. the dow always opens quite light compared to other western markets. the foot see in london opened before, and we saw just really a, not a really, i'm not a very comfortable situation for an

u. k. companies. western companies that have their hops in london and, and then you saw that debt. now i think we'll, we'll see now is just before the close of that we're recover. that's an awful nightmare for a trade in london is basic at the behest of whatever the u. s a going to do lights run in the day. right. and we see that across everything frankfurt, we can look at any other market. it and it just shows that, you know, all point that we're always making is that the u. s. is dictating financial policy of every other country within their sphere of interest. they don't allow them that much freedom and everyone is sort of intense. it's waiting for was this fumbling man in his eighty's is about to say, we just just crazy. and the international olympic committee has brushed off london's attempts to pressure the sports body into banning russian and bella rouge and athletes from next year, summer games and paris st. giving into such demands would have a detrimental impact on sports. it is not up to governments to decide which

athletes can participate in which international competitions. this would be the end, a world sport as we know it today. we hope very much that the british government will respect deal told me of sport, which it has emphasized in so many decisions, statements and un resolutions following the conflict in ukraine, the committee bad athletes from russia and bella rues from competing and events back in february, a group of more than 30 countries, mostly western states are g i o. c. not to ease the ban on athletes. the sports bodies response comes after the u. k. minister for sport wrote to the olympics. biggest sponsors, also asking them to pressure the olympic committee. we know that sports and politics in russia and bill iris are closely connected and we are determined to prevent the russian and bill russian authorities from use in sports for propaganda purposes. sports columnist island moore says the u. k. s. efforts to maintain the

ban on russia and bellow, rose from sporting events is an attempt to impose its own rules on the olympics. the committee is very serious. say no, look what do you think there's a whole database hallway conceal it? oh, i'm sorry. that is, russia are extremely useful, will be boy and girl for the world, a special orders for because he's the case because the case was not, it's just sort of he so it does make a difference to them. just do the rest. however, it's very useful to have to gra counties just for star or older boys with the consciousness a ball and see for example, supplying arms. no arms, british or citizens in order to knock it is it's a far as well. so basically it's washington has harshly

criticized they propose new bosnian serb law, calling it russian, influenced and a danger to democracy in human rights. that's a spite at finding its inspiration in the u. s. foreign law. in bosnia and herzegovina, the president of republic services is falling, others in the region down a dangerous and to democratic path. and trying to pass kremlin inspired draft bloss, that rob residents of their basic rights silence descent and allow corruption to flourish unchecked. the republic, a septa authorities announced plans for 2 pieces of repressive anti democratic legislation that would benefit only the ruling coalition in its effort to consolidate power and hurt every one else. washington's foreign agents registration act no ness flora requires public disclosure of any one representing foreign interests or receiving funding from abroad introduced in 1938. it's main purpose is

to counter foreign propaganda. the law has come under criticism. being enforced was increasing regularity and intensity, especially since 2017 against trump administration officials. the head of the bosnian serb republic says, criticism coming from washington is out of place since the new regulation was modeled on laws, the u. s. itself enacted. we are copying the american model that made the usa, one of the world superpowers. it is interesting that the director of usaid is reacting knowing that many projects in bosnia and herzegovina of finance. true usaid, washington complaints about the law. com following mass protest and georgia over plans for similar legislation in the country. protestors in the capital of tbilisi attempted to storm the countries parliament and clash with police as they rallied against the draft law that would brands some media outlets foreign agents. the u. s

. criticize the bill and supporting the protesters, demands saying the law. clashes with western valley is serbian american journalist, no butcher mileage says the criticism coming from washington demonstrates the less hypocrisy in which american laws are wrong. only when applied by non american wedding within, in georgia, around arose when the opposition backed by these n g o that are being extremely funded, labeled this proposal as russian and essentially cultural revolution for the government. and they came very, very close to one of those color evolution cruise as a friday. and then things seem to have come down a little bit because the government backed out what happened in washing server public, which push this initiative on friday, i believe was a deliberate move, maybe a trolling tactic. and so what he's trying to do is, i don't think he,

once i'm in a law passes. great. but i think his purpose based on the comments that i've, that i've heard is to essentially expose this kind of hypocrisy by the americans and the west. and he has succeeded brilliant, clean, in trolling them into denouncing their own law, which is exactly what happened over the weekend. it's a win win situation for him either way again, if the law passes, then all of these n g o is that are literally outside agents of influence have declared themselves as such. and all of a sudden, people pulling who are inclined to believe something with a nice flowery name, you know, citizens for peace, democracy excellence in prosperity would realize that yeah, okay, this is a foreign agent. but if it doesn't pass because of this kind of pressure, he managed doughty because managed to it prove that the you and the american

government essentially think that the american law is horrible when applied by non american o. a ron is hosting a major economic forum seeking to boost trade and investment with russia. a key focus of the event is one of russia's muslim regions are t contributor use of july, lee reports on the ambitious business plans currently in the pipeline. headed by president of the boss care states raw, the hobby, or of the business delegation comprises top russian firms active in oil and gas, agriculture i t. transport and mining. among other industries, they say they're here to clinch major deals with a wrong, despite crippling economic crushers from the wise. now we see is a m is going to be very important and spent a productive effect of parking for us. why no one has anonymous and experience to leave and to develop its economy on discussions to run and moscow's interests

and concerns coincide on many fronts. both facing western sanctions. they have further turn to each other or to neutralize the impacts of the bands and western measures have complicated. the russo iranian tre, ties when it comes to money, transfer and banking transactions. this has led the 2 sides to devise new channels to shield their business dealings from the sanctions, your nose, a several bunks of russia. what are the of working here? and they're looking for the most convenient for financial instrument to organize normal financial work situated on the strategic north south corridor. the wrong plays, the role of it, which shortcuts connects russia to india and the persian gulf middle states. so this is a very good idea in terms of div cutting the cost of the shipping. if you go from the black sea through the bush for us and then you resubmit it's rainy and see you have to go all around the corner of the board to reach your target market,

which is india or china with the sanctions blocking. get ron's access to key petroleum technologies. did. one is now resorting to washing tech providers to ron . it's or an industry take or is running best. for example, some russian firms here say they produce efficient dis on par with swedish and american counterparts. somebody can offer them to iran. no rush is no g company. we can provide the run in market go full rate until the fetus a bid for any type of work you need it. as for drilling for sidetrack operations, exploration and wealth and well drilling. as we want to watch our, our post to more than double their by narrow trade volume to $10000000000.00 a year. such business forums are seen as an effective step toward achieving this goal. to juan chamber of commerce, which organizes this event says. both sides are determined to interact even more

believing that closer engagement will open a back door for them to neutralize the sanctions. use of july t r t test rod. that's her at this hour for the latest breaking news and updates head over to r t dot com. and be sure to follow us on all social media platforms from our content. thanks for tuning in. we'll see a back at the top of the hour with ah, really sensitive water is thrown in the bowl national for the federal stuck in wisconsin. at the last dance dealer dealer. we sprung from kaiser hours from them to know when to do it. in b. c machine you could give to way in the politicians kills of here on the, on a ship or with

a little bolcom in the crucial chest middle school. the rest of these are seniors with the modem is not, but it's good. p t d still know what you need to do with what they need to work with us. we can you video to fix that would be good to go with no, go see sure. the missed they need to in the middle somewhere and you can give us his name. but did he thought he is a federal government? these materials will be the stone tossed. even in the so clay, you need to locate those mydebit. you still owe me? it doesn't help at all with me. she go. she returned as a country. ah, yes, please. i got up there. numerous clarity i've so to handle most of the normal shuttle specially to renew with lisa those openings. newton, could you please, please give me

i look forward to talking to you on that technology should work for people. a robot must obey the orders given by human beings except where such order that conflict with the 1st law show your identification. we should be very careful about artificial intelligence and the point obviously is to rate trust or rather than fear i would like to take on various job with artificial intelligence, real summoning with a robot most protective own existence with oh, paint splattered on the marlisa. people lying across busy highways and rush hour.