ah ah ah, credit suisse shed drop by 30 percent a historical lowest trading of several european bank stops, halted the spreading financial crisis. the key city of bach with killed as russian forces advanced in the bus, with the russian. wagner group releasing 40 from inside the area stronghold the amazon plans, a facility with the web of underground passages. also this our a calles, a ropes outside the for the study prime minister's residence as police attempt to

arrest the former leader on a legit corruption charges with july for my headquarters here in moscow you're watching r t international. my name is peter scott on here. the top stories this, our pretty sweet shares dropped to historic lows on wednesday, falling by 30 percent. the financial times opposed to credit suisse has appealed to the swiss national bank for a show of public support trading of several company stocks, including credit suisse, were temporarily halted on wednesday morning. due to steep law says that the fall has caused a wider banking sites to sell off. following the modest recovery on tuesday. the may shareholder of credit suisse group from saudi arabia has rolled out any further assistance for the trouble bank. the answer is absolutely not for many reasons. outside the simplest region which is regulatory and statuary. when our own 9.8

percent of the bank, if we go above 10 percent, all kinds of new rules kick in. whether it be by our regulator or the european regulator or this was the regulators. lots of contributes. a chris has explained how the crisis of 2 major banks in the u. s. is currently affecting the european economy. saw silicon valley bank again about none of us had really heard of until a week ago, but quite a prominent bank in the u. s. top. 50 bank really collapse defense the overnights. and then, you know, we, everyone thought when by didn't gave a speech on monday that may have sort of calm the markets. but evidently, i haven't, we've just seen this sort of knock on effect, happen to the bank. credit suisse is a very, very important bank. it's, it's one of the largest banks in switzerland. it's a play, it's a bank that really settles a lot of financial transactions globally showing that no could affect really clearly shows that whatever the us we're trying to do to calm the water hasn't really worked. and it's affecting their partners now, they're me. do you think this will have an impact on the value of the euro and the

dollar? yeah, i think it will, pete, i think that, you know, what i think people tend to do in these scenarios are sort of speculate was really, we should do is, i believe, as an economist, we should look back in history that see what happened in the past. and if we look at the past, the us don't really was the currency of choice. there wasn't really anything to contend with it. you know, china was sort of, you know, starting to build up confidence, been that the women be like to get international partners to adopt it, but they weren't really there. and we can see, so they've actually got a clear pizza from hillary clinton when she was the secretary of state and 2000 night, showing how confident she was in the power of the u. s. economy. and therefore the u. s. dollar. it's a good investment. it's a safe investment, even despite the economic challenges sweeping over the world, the united states has a well deserved financial stability. reputation is very, very confident that really there wasn't really anything to challenge challenge the us, follow that. but take the situation now. take where the u. s. stories going the fact they printed so many the fact, but now, you know, most saudi arabia, even,

you know, we went to saudi area earlier at the top of the top of the program, accepting payments in the currency, the parts in the us dollar. that wasn't the case in 2009, the how the markets react is going to be very turbulent in my opinion, when it comes to your rights or pretty much any other currency that is allied closely to the us dollar. well, we'll talk a reactions to this. how do you think the u. s. will respond to this latest crisis? yeah, well again, i think that going to have to have a very different response. it's not going to be as easy as that for them as it was before. let's take you to 2000. we keep in mind these are the night, but that's kind of where we need to compare things. so i think the last time we really saw this kind of reaction is in a very collapsible things in the collapse, the backside of that was a lot bigger. but hey, it's a playful right now that you know, that was a different time. you know, the u. s. and china, even the u. k, announced back then the u. s. it's probably close to satellite that it was that golden age of relationship with china. the us is that again,

we're going to use or again, i'm sorry to get out the click of a clip of because he's just so much great conflict for us today. hillary clinton in china in 2008. so i will listen, and i appreciate greatly the chinese government continuing confidence in united states treasuries. i think that's a well grounded confidence. we have every reason to believe that united states and china will recover and that together we will help to lead the global recovery. again, as we see the best reputation as well, we've got a great relationship with china, x, y, z. now that just isn't the case anymore. they've really been prodding fine, and they've been prodding china over china's relationship. ever growing closeness with, with russia. sign is chinese constant insistent as was agreed in the one china policy that taiwan is not part is part of china. fundamental is not, is passive. china, which is adopted as international law,

which the u. s. still continues to send legal aid to taiwan. so the chinese are not stupid, they're putting everything out there. economy, what's very differently, their financial planning, what's different me. it doesn't just work, you know, sort of like bite in the other day on monday when he gets up in the morning says a statement that statements a plan one month, one, week, one year, even 10 years in advance. so really this, this, this, this sort of schism that's happening now. it's the birth of this most multiple world or that we talk about. i think it's going to be very, very difficult for the us to react to that. they're not going to have as many friends there anymore. let's cross live now to jack up here, french economist underwriters to leave the school of high studies on social sciences. jack jack. good afternoon. thanks very much for joining those who have no over the course of of one week. we've seen this near the financial system has been shaken and there's been a knock on effect across the pond in europe. my question is how far do you think they will spread and do you think we'll see more by folding unshared collapsing?

well, i'm actually not because i'm, well, the problem is serious in united states. as a, mosby goose are bats which collapsed, you know, as a silicon valley bank and the 2 of the banks are or part of the search innovation ecosystem of the silicon valley and globally of the us economy. it's a fact, but when you are looking to systemic factors in the banking industry or well, there are much less at risk than it was in 20072008. nevertheless, there is a distant problem with credit suisse. it industries as been in trouble for me, be your one year, one year and a half. and then what we're looking at is the fact that with the prices

of the it's v b. m. the cbs rates as a reason dramatically. well, ah, this could be better under control by the swiss central bank. nevertheless, eats a sign, you know, it's definitively and an indicator that some banks, not all the bank, that some bank in europe are quite frail. and with a movement of i have read, we have seen in the last 6 months or 3 because a fault of a, you know, part of the stocks off or of title as he had it as been a. but under such us, because of the,

of the high in as interest rates. so yes, there is a problem. it is not so far a problem of systemic dimension. but it's certainly a problem which does serve to be addressed very quickly. so we think it's us on, on this before we say the banking sector has been used to extremely low interest rates for, for years. and years and years. i'm assuming the banks have adapted their policies to take into account these rates and the pharmacy are increased quite dramatically, as you said over the past 6 months. or they, they was primarily to blame for this well, are in part certainly in part, certainly. nevertheless, our banks are inc. see, are also to be blamed abs cause or they have reacted quite recklessly. ah, in the last her one year or one year and a half, you know,

and when you have very, very low interest rates. well, it's absolutely normal that banks are or a doing what of as a care and not what are the zip the do also need to do and, and this is a problem. again, i think it's a serious problem, but not so far a problem of systemic dimension. is a problem now is, or what is left at the mall, gene for central bank and there as an e, c, b, or mostly, or to react for, you know, m e c, b is actually who'd in between as n, ville and hammer. the envious is, well, i was inflation in europe and particularly in northern europe, or is it e, c, b need to raise its interest rate, but with possible consequences of disease banking, prizes the,

it could not raise very much and each rate. so this is a problem for a central bank, and i think that the central bank will prefer not to raise too much interest rate to not burst all the banking system at least. but jack supp him afraid we're going to leave it there with one or 2 times x french economist underwrites of studies, the school of high studies and social sciences. thanks very much for your time today and happy to write down was quite a complicated situation. thank you. in the news, russian forces have taken control of the small hamlets valley young guy and the city of boston with the encircling it's, that's according to the wagner p. m. c. chief barcode has been obviously the focus of incense fighting for over 7 months. now, with the credit troops,

planes on both sides. but despite the lack of ammunition and the most difficult battle issues are assaults that completing in circle mental buzzwords. this morning, the pmc wagner saw units gained control over the village of zealous 90 scott scott . when the russian army has reportedly attacked the rear of ukrainian foresman scenario over nights, that's after president the landscape office announced that it would keep defending the city a major hope for the ukrainian army earlier russia. wagner reports they took over parts of the industrial zone of zalman box moves and verified online for each apparently confirmed wishes control of the vos doc marsh plans. as you can see in the footage, wagner has taken the facility in the north of the city. this is the same funds were present, the landscape commanded ukrainian soldiers for the defense of the city. last year. the plans is one of the main strongholds there were this underground signals vital for defense me, molly little guns for public russian forces have,

shall do ukrainian positions. that's as the russian army continues. it's offensive with tank bottles on the ground on drones crashing the skies. ortiz eagle down. it has more. the soil here in the spring time. dawn bass is very close to quicksand parts of this forest. is it a complete? not many vehicles can cross this terrain freely and safely. thanks. i sadly among those that can ah, these tanks belong to the euro separate sold battalion to say they know their enemy

in the face is hardly an exaggeration. a 100 meters is sometimes will that separate the site keeps all seeing eyes focused on the battle for both moat and russian troops here in the loop, ganske republic had been trying to capitalize on the distraction. ukrainian command has drawn reinforcements, but they're often gathered out of yesterday's trainings without real combat experience. who become easy prey. such accuracy would be impossible without drones . there's such a swarm of them in the skies every day, every minute that it's not uncommon for russian and ukrainian birds to meet and duke it out like this. one is down. this time, the russian drone literally came out on top and intention, the entirety of the russian force shares with every heart in their ranks. i'm

a good done of reporting from the dumbass r t. the western bailout funds were wilfully used by you criminal authorities under then president polish jenko. it's a fun, militias on the sponsors knew all about it. that's the admission from one of the people who gave key of the money former. i'm f chief christine le god, she confessed during a frank cole with the notorious russian dro, noticeable von and lexus. thing, the i mess did the best that it could do to help and support ukraine. and you know, as well as i do, that the country was not in perfect shape, you know, as well as i do. and there were some, some very strange characters who abused the situation, who had their own malicious, who had their own system. that certainly took advantage of what was tried both by the i m f by the united states in order to help you crane.

but you know, you cannot rewrite history well following the my done uprising in 2014 the i m f. loans here, $18000000.00 in exchange for 30 because you couldn't government has used to been accused by russia of using the funds to supply neo nazi battalions like as of an ida, which i've been involved in ledge. more kinds in dumbass over the past 9 years. the gods mission is a presidents of us, the knowledge about the funding of such a cleaning group since 2014 little for and was correspondence. thomas roper says ukraine is a massive black hole for western money. this money was meant to help you create new equipment and now it seems that this money came right into cash is groups. you credit gets more money from the west, then the budget of the country was so red, that's the money go. the ross replace the black hole and the black hole and

the money went through some purpose. and we see it's, you know, the, some military members of this room specialist groups which are providing well and the bus for since 2014. and the rest seems to know that we read in the western press. so i'm quite sure nobody will ask me questions. i will be less than i will have an extra conference with mr. miss, regarding what could she me but nobody will ask the question in the news, amateurs could not have conducted the operation blue. the nord stream pipelines left the message from seymour hersh, the journalist who broke the story on washington's legit involvements in the bloss, dismissed western media report. so the substance was carried out by a mysterious pro ukrainian group with no state support. the stories in the new york times of the washington post are simply expressions of panic. i can't help but notice that all the sources cited in the articles are named. this is pure party

for the russian president is also brandon, the western media conspiracy theory as nonsense. but even if it's in says the north st bobby was a state sponsored attack. and the other that the u. s. had a vested interest in destroying the pipelines that carried cheap. russian gas to germany, as washington is now selling its own expensive l. n. g to european countries for profits. without the rest of the gas from has discovered a suspicious device on his pipeline, which could have been used to activate the explosives. where no c pipelines were crippled by several similar tedious explosions last september. according to the investigation published by police a prize winner, seymour hersh, u. s. military colluded with norway to pump explosives on the pipelines in june during and nato military drill in the baltic sea. the something has been denied by the u. s. now, 3 months later, a signal was allegedly sent to remotely activate the bombs on the c bed. let's now

discuss this with hands. your former german m p from the f b parts you, thanks for joining the even hands your. now, what do you, may i, peter, what do you make of this latest statement by puting that this is mrs puts have conducted it? it was only been done by a states you know, when i, when it hurts last week about the, the new version of alleged crenan attack by a private sailing boat. first, what i did, i looked at my calendar, if it were the 1st of april, you know, i must have, i have left the same way, simon hurst, loft, or let me put you off because of course, to operate such a very complex operation. you need logistics, logistics that is either in the possession of a big conglomerate, or in the procession of a mighty state. there is no way that some holiday makers,

or people disguising is holiday makers, selling both could have done it 6 clues, surgical, which, which countries do you think would have benefits at the most from the destruction of these pipelines? yeah, of course. so i didn't, i did states for, for several reasons, because the united states, they staged a war against russia and germany of the they staged the war against russia by exchange in nato over the last 30 years. and they state's an economic war against germany. by when a still worse member of the committee of energy and economy of the one to talk on, we anonymously decided for switching on not seem to for example, and this was over ruled by the united states influence on german government. so staging horshal gets you can only you can do it, not only by military means, but also, but you can all make means. so there are 2 objectives in this war. the military

objectives, russia, economic objective is germany. and the only beneficial re say, are you tonight at states more over now they can sell us. they are very expensive. liquid gas. mm. no it's, it's been more than a half a year or so. now i believe since it, since it happened, what do you think that russia has still been denied access to the sides of the bombing? so it can also conduct an investigation and you know, i, i to cut my internet. so when the to put you speaker of the german government was asked this question some weeks ago, and the then known on sir, was so roaring, the silence was so roaring when she was asked, why do you not let russia participate? what are you hiding, or why do you not what you, why do you not publish what you know about the real guilty of the explosion? and the silence was incredible, rory. well, guess what?

we'll start to wait and see the results of those investigations now. limits and you did also mentioned that no stream still has a future. do you see a future way could be repaired and ship gas to germany as you know out of the fall line. so one blow was successful, so there's still one get stream, line out is still existent, it could be used, but it is not used now for political reasons, by rest on it isn't as regards if it is public, technically possible to repair the other 3 blown are blinds of types. i mean, i think that this question can only be asked to a technical technical to an engineer. yes. certainly seems like a lot of challenges in getting them back up and running again. a former german m p

for the f. the party, thanks very much for your time and for sharing your thoughts with us today on the marketing pipelines. thank you. bye bye. oh, it's the park. it's done now where clashes between the nations, police and supporters of the former prime minister sharon con of escalated outside his house in the hall as offices of once again failed to arrest the opposition leader for not appearing. that's a court hearing on a legit corruption charges the lease and part of the whole house lodge. the remainder bustle ground as well as spilt over into a 2nd day. the rest which began on tuesday as collins reporters gathered outside his home to protest his arrest. local correspondent show. yeah. has more in the story. guzman parker, i'm standing outside some on park where just 24 hours ago. there was an operation launched by the shop and install by police to arrest former prime minister run con,

but it's still ongoing. this whole area looks like it was on. they deployed paramilitary through fi, fi gas, an open file and protest as many p t i was injured to hospitals. a state of emergency has been imposed in hospitals. schools have been shut down. all roads leading to examine pock adjacent streets and more contracts are completely close to the public. it looks like an occupied valley where no one is allowed to answer or exit. even the journalist who left last night and came back in the morning until till all in the area that print job, police say they will continue this operation until they arrest him on hon july. the all can use law hor, changes in the international arena. have the russian and syrian leaders, you know, i think, are not mystic on for the cooperation. was the message from bush aw, all assad journeys visits you must go to meet his wishing counts. pont love. you may have putin on these de sweeney. it brings us more details. this is

a significant meeting between the 2 leaders. mister putin opened his statement by saying that significant progress had been made in the fight against terrorism. now by this he was referring to the joint operations between the assyrian arab army and russian forces in the fight against islamic state, which at one point held voss ways of syrian territory. mister putin said that this, her progress has helped and the economic situation and bring economic stability. of course, both russia and syria. i have been placed under heavy western sanctions. but despite this, mister putin said traded increased by some 7 percent last year. now he spoke about this situation, the earthquake, the devastating earthquake last month, which left thousands deaden and thousands of building destroyed hundreds of thousands of people displays. now, russia's efforts have seen some 300 personnel and 70 tons of humanitarian aid

sent, which is in core, of course, in stark contrast to that of the west, which are mister, i've had, has, in the past, he's accused the u. s. of hindering efforts of pressuring countries into not helping. and so, but he thanked mister putin for the support. and he said, i, without the russian relief efforts the death toll. i would have been very much higher, and he thanked mister pooh to him for his steadfast, to support a steadfast support. despite the special military operation in ukraine. let's listen to what he said, and i want to use this moment to reiterate the syrian position and support of the russian special operation against the nazis. the west. welcome the old nazis on its soil. and now it supports the new ones. our position is based not only on our friendship and mutual loyalty, but on the fact that the world really needs to be stabilized, otherwise, it will collapse, also likely to be on the gender. on the discuss between the,

the 2 leaders are relations between turkey and syria. now of course, these 2 countries have been on the opposite side of the foreign lead intervention. so this is a significant development. these are surprise talks are between the 2 defense ministers from turkey and syria happened in moscow in december. this is leading to talk between the 2 formulas and hopefully eventually that will lead to a meeting between the 2 presidents. now, this underlines russia's role as a peacemaker. and as a mediator so hugely significant which could lead to a landmark and comprehensive agreement that resolves the situation in syria. but the message to de ready is emphasized empathizing the strong bonds between our, between both her syria and russia just a next year. course. the 2 countries will be celebrating 80 years of diplomatic

relations. in the news, the 100 president says that she's willing to establish diplomatic relations with china and move has been warmly received by beijing. but under the condition that the south american nation complies this one china policy on the why you found that you're going to welcome the relevant statements made by the honduran side, where you stablish in a diplomatic relationship with chinese, the right choice in compliance with the great trend of historical development and the advancement of the times on the basis of the one china principal chinese willing to develop friendly incorporate, have relations with and jurors. and all other countries in the world of asian considers taiwan to be part of his territory. and under the one china principal, no country may maintain diplomatic relations with both china on fi one. now if han doris secures ties with beijing, it will talk to several relations with i. one that's i pay has already expressed serious concern of the diplomatic moves between honduras and beijing,

and 5 ones. us, the latin american countries to quote, carefully consider, to avoid making a wrong decision. now the number of countries, this c, taiwan as independent, has been decreasing over the years. some nations have withdrawn their recognition. right now, only 14 states considered. i want to be a separate country and have diplomatic relations which i pay. now, most of the world's nations respects the one china policy. now let's take a closer look at latin america. only 80 governments still recognize, tie one while the major economic and political poets of latin america adhered to the one china policy. and they accept the core principles of territory integrity, asia, political risk analyst, ross feed fine. gold says it's on doors says aspiration for ties with china. could mean another front of rivalry between washington and beijing. the united states in china are clearly competing for influencing in central and south america,

as well as the caribbean warranty, seeing some criticism from us politicians in the u. s. government over hon doors. decision. but inevitably, what you're, what could be us really do. you can't tell another country who can enter into diplomatic relations with other than, you know, try and carrot and stick approach. china, there, there, there with, eat, there, there with infrastructure projects. there, there with trade as well. the united states has been there. obviously it's the united states is back yard just before we go, some breaking news now from central france, where one person has been killed and several policemen injured in an explosion in a private home. the bus took place when police officers arrived to arrest a suspect. he was killed in the incidence. the strong smell of gasoline was reported at the scene at least 3 officers and are being treated in hospital.