out of the way that is being picked up by me. i wasn't sure if i need specific social can find me. the headlines anaki international areas right, that the us secretary of state anthony blanket and visiting ethiopia. ne jarrett basically boost u. s. influence in africa. so it does come at a chooses watson to an eventually impeding p, and that's a whole region. australia is planning to buy 5 nuclear power submarines from america, does draw criticism from china and it concerns the deal puts nonproliferation agreement with russia agrees to extend the black sea grain deal which was set to expire the saturday. it will be extended now. the 2 more months,

but moscow says the west must hold up, it's part of the agreement and allow the export of rushing brain unfertilized. this was when the program multiple us by seeing that stops crash as to american binders collapse over the weekend. a president biden essentially making an emergency address try to study the both, showing americans. that money is the well, there's a lot of moving and shaking in the world on this day. it's so good to have your company before we address the fevered rush of us diplomats in africa for now, let's get to some of the lakers from ukraine. as it rushes, wagner group has reportedly taken control over the northern part of the industrial zone of as dom that's in the city, a lot of trouble, also known as buck mood, unverified footage circulating on line apparently confirmed russian control over the boss, stock mash plant and that's where president lansky commanded ukrainian soldiers for

defending that city. back in december, the stronghold city has been the focus of intense battles for months. oh, for the meantime, that's the address. so what is essentially a fee but rough ship, certain different amounts around the world to africa. i'm not talking about that of the us secretary of state antony blink. and he's now set to visit e c o p. and the jet, basically the by the ministration is hoping to strengthen its influence on the continent and fighter blink and get this. he's the 4th us diplomat to visit africa this year alone or early or the president of eric prayer, accused washington of taking an unconstrained approach to the ongoing conflict integration. well, let's get details now. exactly what is blinking up to on the african continent. it's all corresponding catabolic the election, the same that they're looking at this really is their relationship with, if you're in a different way. and that's what they're hoping to establish a re fashion, to re imagined relationship with if you're considering,

if an influence, here's more from molly fee. what we're looking to do is re fashion our engagement with b o. p. we would like to be able to have a partnership that is 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. busy war was that was fuel, if you will buy a peace deal upon the prime minister of ethiopia shaking hands with mister wakey. who is the president of at a tree just north of if you o via. and it was that piece deal that really unsettled the great leadership as it were. and it was the thought of much imagination that led out timidly to conflict, which is said to have displaced nearly half

a 1000000 people and killed hundreds of 1000 small. but mister flaky 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. he has more from president as of world. 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 great 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 f. p. impeding and scuttling it became the duct obsession. but mister blinking will move from if you move toward the new year. and that is

a very interesting country and it says that it is right in the middle of the hell. and this a hell has been a hot bed of conflict 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 it's important to, to acknowledge here that the americans are hoping to rekindle a relationship with a country on the hill. even though they've had a 20 year participation as part of a global force and as the american forces on its own, but they have been unable to bring about the fed piece. now the real question is, why would they be successful? now? china says the orchestra a lions is on a quote, part of era and danger. as australia plans to buy multiple nuclear power submarines

from the united states. a beijing has slammed the deal as destabilizing for the region is also a race concerns with a deal potentially jeopardize is the nuclear nonproliferation agreements. making all of that. so you may actually be on the latest joint state and from the u. s. u k. n. a trailer, demonstrate that the 3 countries for the sake of their own sale, political interests, completely disregard the concerns of the international communities and our will can further and further down the path of error and danger. the us president, u. k. prime minister and australian prime minister announced plans to develop a new generation of subs that will we built in the u. k. and australia with us tech, the new subs, a field by weapons, great, highly enriched uranium, and could enter service in the late 20 thirty's or early 20 forty's. now the australian foreign minister though, has asserted the vessels will not be nuclear armed, so they won't violate the countries and see the us proliferation commitments.

excuse me. that's as the us has essentially praise the controversial new deal, calling it quote, a prospect of peace. stan got the inflection point in history where the hard work of financing deterrence and promoting stability is going to affect the prospect a piece for decades to come. the united states can ask for no better partners in the pacific where so much of our shared future will be red. so orcus is essentially a security partnership between australia, the u. k. in america, which the countries claims stabilized as the indo pacific region. well, according to international specialist, trying especially with such a state, excuse me, andrew lung now he says the focus nuclear sub deal ultimately undermines piece in the region and actually pushes other countries towards what that of nuclear development. why louise lock is full. as far as the united states, or because there is concern, obviously because it is a nuclear propelled,

if not nuclear on summer, reads as likely to send a signal to other countries to do the se. and obviously as the child is foreign ministry, a statement says it's going to erode the kind of loan deal vehicle for reparation deal. and then it was also send signals to other countries. do you agree on themselves? and it would break the whole global effort to the nuclear lies. obviously the small, 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 that the use of nuclear power, all propel systems for military means of course it is a violation of and long pollution tree. because the next step is that you can use

nuclear energy, all sorts of things for military purposes. a recent report on international arms trade shows the china counter for 5.2 percent of the walls total arms exports in 2018 through 2022. i thought to states accounting for 40 percent of the market share research of the tri, continental institute says that such figures show that the u. s. military industrial complex. so essentially geared for profit. well, 1st of all, this shows how much d industrial military complex of united states is our key actor in, in united states policies and states economy. and of course, how much is represents a threat to the whole volt guys are making a lot of money. i mean, now with the, with the conflict in ukraine, the military industry of united states in may is making, i mean,

i think since that probably since the vietnam war, they didn't make so much money as now. and of course, the profit with wars with mean the profit with did great the profit with the killings of people around the world. i mean, not space has more than 800 military bases around the world. it's clear that i mean, if you, compared to china having 5 percent, because china is actually only a worry about its own defense, national defense against the threats from the west that are increasing now by today . so i think it's clear, demonstrate how much the united states is, the threat to the peace in the world. and it's been, it's been a threat in the last decades. moscow has agreed to extend the black sea grain deal with ukraine, but only for 2 months in order to assess whether the west will prove that it is

ready to fulfill its side of the bargain. russia says commodities are supposed to be a part of the agreement as well. the thought he contributed rachel marston now 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 explained 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 your, the,

the 1st part of the green dio 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 delhi 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 into russia to pick up

that cargo. and also from entering the ports of delivery. so just how much you raining during is getting to the countries that actually need it most well left to leave beginning 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 shares and several regional u. s. banks closed sharply lower on monday with some even putting trading on poles off to stocks hit record lows. this comes in the wake of the collapse of the silicon valley bank as fears of a domino effect continue to spread. a even larger bank to see that shares go down.

we're talking about wall city banker, also of bank of america. the stalker crashes occurred as president biden sought to reassure americans that money as shape full, though he refused to engage in journalists after a stable they want. it's a far, often questions on him, and he essentially legged it out the back door. all customers who had deposits and these banks can rest assured, i want to 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 pay their bills and stay open for business. no losses, and i want this is important point no losses will be borne by tax payers. let me repeat that no losses will be borne by the taxpayers. mister president, what do you know right now about why this happened? and can you assure americans that there won't be a ripple a past? due balance of evidence should all the positives be protected at all? bank and there he goes, well,

president binds address to ease to fall out from s. phoebe's collapse that basically seems to have had very little effector not only within america, but also across the pond. for example, monday a european stocks were falling as the sell off. and bank stocks, which began on those continued stalks again falling to record lows and the dive come to spite use that hsbc has agreed to buy the british arm of silicon valley bank asian markets of also seen volatility following instability in america. well, i discussed all of this with arctic contributed. chris empties to take us through that of the banking crisis, but also in effect what it means for the rest of us. 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 the views at home. most of us know how bang sweat, but some people are bit on shore. so what happens is when you deposit money with your bank, your bank uses your money to lend throughout the customer. and that could be big institutions, companies or just people like you and i that may want to buy

a home and get a mortgage. 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 us heights interest rates as we've covered a lot on the program and not obviously makes the debt that they're holding on their balance sheet, which was a lot of it with an u. s. government bond was less. so this is a really key point to talk about. the interest rates are the key and critical point . yeah. yeah. so interest rates rocketed the debt that they have. they have led 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 the ceo acts the same. he said, well, i need to go and raise that $1000000000.00 now to make sure that my bank is in the block. now what happened when he did that? that's a huge amount of people. a lot of money in the bank companies, mainly who then there was

a what we could 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 this 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 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. 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 often 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 here. and really big 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. but for 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 may that were 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 to herbert hoover of the modern age, we will have a great depression far bigger, 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 the know the global banking system. it, it's so heavily intertwined. i mean, the tentacles reached 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 royal, what 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 the west, the markets, the foot see in london opened before, and we saw just really a lot of not 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. it's 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,

our point that we're always making is that the u. s. is dictating financial policy of every other country with ines fear of interest. they don't allow them that much freedom and everyone is sort of intense. it's waiting for wants, this fumbling man in his eighty's is about to say, which is just crazy. the international olympic committee has brushed off london's attempts to pressure the sports body into banning russian and bella, russian athletes from next year, summer games and paris a saying giving into such demands would have a detrimental impact. hello, world of 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, ill told me of sport, which it has emphasized in so many decisions, statements and un resolutions. but the following, the conflict in new crane the committee bind athletes from russia and bela bruce

from competing and events back in february, a group of more than 30 countries, mostly western states, urged the i o. c. not to ease the ban on athletes. the sports bodies response comes off to the u. k. minister for sport wrote to the olympics, biggest sponsors also asking them to put pressure on the olympic committee. we know that sports and politics in russia and bella ruse are closely connected and we are determined to prevent the russian and bill of russian authorities from using sports for propaganda purposes. we discussed the story with a sports columnist to learn more have a listen to what he had to say from the special committee in berry here. say, look, whatever you think about it at home baseball. it's only the stronger that russia are really useful would be boy and girl

for the world at the moment and especially door to the sports you're going to keep them because in case it's just sort of compete. so however, is very useful to keep around never countries just always be conscious. not there are people involved for example, supplying arms, nor british citizens in order to say. so basically it's the breakthrough restoration of bilateral ties between iran and saudi arabia. it will help to bring a political settlement to the devastating war in yemen that is, according to iran's mission to the united nations. it seems that the resumption of political relations between iran and saudi arabia will speed up the achievement of a c, r in yemen. the beginning of the year, many people's dialogue,

and the formation of an inclusive national government in this country. iran and saudi arabia agreed to reopen embassies and re establish relations for the 1st time off the 7 years of tensions after the war in yemen erupted back in 2014. the conflict became a de facto prop, see wall between saudi arabia and iran. the who these supported by iran had been fighting what they call a saudi installed pro riyadh president in savannah. however, finance both the yemen government and who's the 5 is to welcome the agreement between ron and re add. well, the deal was actually largely broken by china, which used his diplomatic power to get the parties around the table. now, what's ultimately being cold by many is the biggest man made disaster in history. war torn yemen now is 21000000 people in dire need of help. much of the population is displaced with little access to key facilities, years of drought, so having a catastrophic effect and political, expert,

and data scientists. yusef maoris tell you how many people are grateful for china's diplomatic help in the reaction to be given, the people has been very positive. they welcomed this initiative. they welcome to separate by china. they're thinking, trying to for, bring in iran, the saudi arabia, to the negotiations table. i think when you look at the many people and you ask for what their perspective is or how they are reacting to such an agreement is you know, they're looking at their situation on the ground. yemen is the poorest country in the middle east. yemen has been engaged in an 8 plus year war that has severed the nation's economy. that has put the country on the brink of an economic collapse. so i think when they heard about this agreement between both sides, they're only hoping for the humanitarian crisis to be alleviated. they're hoping that saudi arabia will lift it, strangling, blocking on humans academy pe, you have any salary so that we can perhaps get

a sense of normal life coming back to the many people. i think saudi arabia starting to see that, that, you know, having such hold ties with the us and western nation. the simply a, you know, it's a bad bet these days because saudi arabia finding itself, being opposed by many middle eastern nation by, you know, by the muslim world because of their position, their political position to stand and to spread and to spearhead us and western hedge many in the middle east and in, in the muslim world. so the city of love is a sporting quiet the aroma these days, palace, paris, excuse me, persians, or rather upset that trying to cope with piles of trash. you see the picture behind me all of this resulting from a city wide sanitation workers strike. so it's hard to imagine, but more than 5000 tons of rubbish remain uncollected. and the ways to build up is

raising health concerns. rats are running rampant. a country wide protest began back in january when the french president proposed retirement reforms a raising the minimum age and toughening requirements for a full pension of the bill. despite his lack of popularity passed the french senate on saturday and mo, mo, protest certainly expected the international movement of russo files meets in moscow on tuesday. as supporters from 40 different countries of participating in a bid to encourage more friendly ties with russia. and the gathering it takes place and attempts by certain western countries to cancel the russian culture and present the nation constantly in a negative life. one, a 10, b, french journalist savvy as a bell. he says that the mainstream media often covets very false narratives. mainstream media constructed narratives,

and sometimes the narrative is not reality. so here you have real people, they have their own motivations. we leaving the country in countries where freedom of expression and freedom of choice is the rule. and therefore they have the choice of being here. so i believe it's very important that we portrayed this choice and that we bring this to citizen around the world in as loyal in manner as possible. i asked myself, what is journalism? and i actually read to charter of munich and a child of unique saved my 1st duties is to say the truce, whatever it costs to me. and that's what i'm doing. now i wrapping up this live broadcast, just been out here now to international live from moscow, from all of us here. the entire news team, i myself will re sushi. thanks for sharing a good time with us here in the brochure. yeah, ah, with

a good tool. yep. i got, i mean, i think mike, i mean should. but so i shoot. why did it say you did that he didn't play if you can. i don't know a, a more i'm giving it away.

yeah, for sure. i do the nice or yeah, do the shirts. so you could please give me a call coach in a woodson chim. i put in your to the, to the woods spiritually. just look, i don't waste we'll get to invoice. so why? so couple of you do here, so now you don't need to scoot a 0. what is another on your smith's reason? on the one come up to show that it wasn't, it was what was the, what was it simply let me have somebody here because he's not a person was just fish review and each of them rich a lot. but when i should not approach.