tv News RT March 15, 2023 1:00pm-1:31pm EDT
1:00 pm
personal conversion with just ramos, but just like the me the information i dropped by 30 percent a historic low was trading as of several european stocks a whole and stay spread over looming financial crisis. the case, 50 on him out of school back move is the end circle. does. russian forces advance and they don't bass with the russian volcanic group. releasing footage from inside the area of strong called the plant. a facility with a deep web of underground passages also ahead the chaos and wrapped around by the form of pakistan,
1:01 pm
the prime minister resident says police attempt to arrest the former leader on alleged corruptions. the news as very welcome. it's a pm here in moscow. and this is all the international with the very latest world news are great to have the company this our top story, credit swish, has dropped to historic lows on wednesday, falling by 30 percent. the financial times reports that credit suisse has appealed to the swiss national bank for a public show of support. now, trading of several companies stokes, including credit with that, were temporarily halted on wednesday morning, due to steep losses. the fall has caused a why to banking spec to sell or following its modest recovery on tuesday. the main shareholder of credits with group from saudi arabia has ruled out any further financial assistance for the trouble bank. the answer is absolutely not. for many
1:02 pm
reasons, outside the simplest reason 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 regulator last year, customers aren't quite, it's with withdrew either $130000000000.00 with the bank reporting. an annual loss of nearly 8000000000 is biggest since the global financial crisis in 2008. the crash wednesday spilled over into while the european banking sector stocks with institutions such as commerce bank and deutsche bank falling between 8 percent and 10 percent shacks appear a direct the at the school of high studies on social sciences said quote it with his drop is a sign that some european banks, a frail, eats a sign, you know, it's definitely an indicator that some banks not all day,
1:03 pm
but some banks in your rob r a y 3. and we martin and you have read, we have seen in the last 6 months are for the cool was at fault of you know, the fault of the stocks off of titles. they had as being put under pressure because of the, of the hike in the 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 deserves to be addressed very quickly. all this follows the financial term, all in the us where 2 major banks have failed causing ripples throughout the world . well, let's go on our list. angeles don john varone. he believes the entire economic
1:04 pm
system is now on the threat of called the dollar quote, just a piece of paper. let's close life to the man himself. now journalist on political analysts john verbally to discuss the issue in depth. many thanks for joining us on the program. it's great to see you. now do share with is your full cost on the future of the u. s. financial system. i would just like that. i'm also an energy analyst. it's what i do every day i analyze energy market. and we have to really emphasize, and i'm not just saying this because i am an energy analyst, but also because the fact is that energy life, what of our system, of course, finance is money is but the other, the twin in this equation is energy take out energy, and we're back in the middle ages, we're back in the stony right. we have no energy. and the price of energy has gone through the roof or the past year because of the nato war against russia. right? that, that, that's the trigger that ignited this crazy. now of course, the fundamental have been awful. we've been pretty money. we're the western
1:05 pm
countries. we've been pretty money since 2008. we escape the previous cried in 2008 by printing more and more money. a funny money, really funny money out of been there. pretty august money. and people like myself were wondering how long can we do this? how much longer can we keep printing money out of been there? and nobody really has an answer. scary party. you know, what, even our best economist best finance experts. no one really understand fully how this system works. and how much more can we do to keep printing money as we did during coven, as we've been doing now? all of this relief money, i'm, i'm sorry, but i'm very gram from those. this for the american, the western financial system. we've done ourselves into a hole, i printed all this funny money. and then the same time you start this war with russia who has been providing this chief energy. like i said, energy is one of the to put a mental of the entire global economic system. we've shut ourselves in the foot by having the energy war with russia. i think one question on people's minds right now
1:06 pm
is, is this another repeat of 2008, how deep all people around the world's going to be affected? and of course, how can they protect themselves best or no, this is not going to very pete of 2000 k is going to be much worse. 2008 was mostly the financial crisis was ignited by problems on the, the real estate market, right? all these bad loans at the bank that made, and of course it did have it rippled across across the globe. but relatively speaking, i say we patch things up pretty quickly. we are the, the us government federal reserve. they, they patched things up relatively quickly. it was not that far reaching a crisis, it was not felt that deeply, not as deeply as we're going to feel this next. and i must say it's gonna happen tomorrow next week, and maybe not even next month. but what we're seeing right now, especially today with the news right, credit, right. ok, friday. collapse. look on valley bank. right. so that's one magnet magnet down. one
1:07 pm
home. the dam will come down to another hole in the dam credit with. and by the way, why do we stop trading? why do we stop trading? credit suisse today, why did they stop it? i thought we had a free market. let it think. let trinity think that's what i think we have a free market. let us think, don't stop trading, let it's think ok, but another hole the down next week, they'll be another home. them another bank, right? this. and we're going to see this every week. i expect the more and more fun in from the fusion facing here. it's problems if not a lot and we might be able to get the system to finance reserve, the american politically. they might be able to keep this load maybe for another few months. but listen by the end of the year, i think we're looking at a really major stomach crisis. crisis crash collapse. a president bided monday morning. he spoke on characteristically early in the morning as well, which he never usually does. and he was trying to reassure americans that,
1:08 pm
that money safer, you know, they can trust the nation's banking system. are people buying it, though? not most americans are of course, under the influence of the major media. the white house controlled 95 percent of our major media. when i say control, i mean absolutely control what happened. what is, what is shown it was published in the near time. we have to be very clear about that. ok, anyone who tells you otherwise line or just doesn't know what's happening. whitehouse control, what are me just said on the major issues out of the minor issues. but on the major issue like today. but it was really funny to see how the fund within, within about an hour after will come valley bank clubs on friday. the financial time, which is british, but actually japanese own. i mean, we're all allied. the funny times when the offensive to reassure the reader, everything's fine. everything is fine. you see how quickly they work? everything is fine. if truck wasn't power, oh the media with the screaming, it's the end. the apocalypse, near were collapsing,
1:09 pm
if true wasn't power. but why didn't power so they have to follow the democratic party. so, you know, we cannot trust anything that are media says. and of course, you know, the why don't do americans trust the white out. americans who are still able to think whose brain still function they don't believe, but why they don't believe our media. but unfortunately about american struggle to think clearly today. unfortunately, many thanks for joining if programs they really great to get your science and your thoughts on the last we've been speaking to john verona, journalist and political analysts. thank you. thank you. well, my colleague peter scores earlier spoke with us, he contributes a chris mc, drew parallel between the current crisis and north of 2008. i think people tend to do in these scenarios is sort of speculate really. we should always, i believe, is an economist, we should look back in history that see what happened in the past. and if we look at the past, the us dollar really was the currency of choice. there wasn't really anything to contend with it. you know,
1:10 pm
china was sort of starting to build up confidence in that the women be like to get international partners to adopt it, but they weren't really there. and we can see they've actually got a clip pizza from hillary clinton when she was the secretary of state. and she's out the night showing how confident she was in the power of the u. s. economy. and therefore the us 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. he's very, very confident that really there wasn't really anything to challenge challenge the u. s. fall of n, but take the situation now. take where the us stories going the fact they printed so many the fact, but now, you know, most saudi arabia, even, you know, prevention, saudi area at the top of top of the programs, accepting payments in other currencies, apart from 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 euros, or pretty much any other currency that is allied closely to the us dollar. well,
1:11 pm
we'll talk a reactions to this. how do you think the u. s. will respond to this latest crisis? you know, again, i think they're going to have to have a very different response. it's not going to be easiest for them as it was before. let's take you to 2000 and we keep in mind these are the night, but that's kind of where we need to compare things cuz that was so i think the last time we really saw this kind of reaction is in a very collapse of buildings 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. is probably closest ally, that it was that golden age of relationship with china. the us is that again, we're going to use their again, i'm sorry to get out to get the click of a clip of her because she's just so much great conflict for us today. hillary clinton in china in 2008 and have a listen. and i appreciate greatly the chinese government's continuing confidence in the united states treasury's, i think that's a well grounded confidence. we have every reason to believe
1:12 pm
that united states and china will recover and that together we will help to lead the global recovery again as we see 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. vine is chinese constant, insistent as was agreed in the one china policy that taiwan is not part is part of china for me is not, is passive. china, which is adopted as international law, which the us still continues to send lethal 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,
1:13 pm
this sort of schism that's happening now. it's the birth of the most you've multiple world or that we talk about. i think it's going to be very, very difficult for the u. s. to react so that they're not going to have as many friends there anymore. russian forces have taken control of the small hamlet of valleys and young school near the city of autumn of school and known as bach news. so the and circling the city that's according to the wagner pmc chief, where it has been the focus of intense fighting 5, a 7 months with ukrainian troops flanked on both sides. but despite the lack of ammunition, in the most difficult battles are, assaults are completing in circle mental bus modes. this morning, the pmc wagner's salt units gained control over the village of zealous 90 scott. well, the russian army has reported the attacks, the, where of the ukrainian reinforcements in the area overnight and off the president for lensky off is announcing would keep defending the city, a major logistics hub for the ukranian army. well, earlier russia,
1:14 pm
wagner group reportedly took over a part of the industrial zone of zone and also mosque and verified. online footage apparently confirms rushes control over the both stock mush plans. as you can see in the footage, wagner has taken the facility in the north of the city. this is the same plant where president lens, he commended ukrainian, sold just for the defense of the city. last year. the is on plant is one of the city's main strongholds with its underground tunnels vital for defense. meanwhile, in the le ganske republic, russian forces have shown ukrainian positions masses. the russian army continues. it's offensive with tank battles raging on the grounds and drones clashing and the skies are teasing. cost on up brings as more from the ground. the soil here in the spring time dorm bass is very close to quicksand parts of this forest, incomplete. ah, not many vehicles, this terrain freely and safely times are certainly among those that cam
1:15 pm
ah these tanks belong to the ural separate assault battalion to say they know that are enemy in the face is hardly an exaggeration. a 100 meters is sometimes good, separate stories. keeps all seeing eyes focused on the battle for both moat and russian troops here in the loop, ganske republic has been trying to capitalize on the distraction. ukrainian command has drawn reinforcements. both are often gathered out of yesterday's trainees
1:16 pm
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 biggest done of reporting from the dorm bass r t. well, the founder and owner of ukraine's m. tak clothing brand way to president vladimir the lens. he likes to where it's turned out to be an open. near nancy, it's been revealed that alexander paris c all has been posting nancy things propaganda on his social media. his m time brand has become popular with top ukrainian officials, including zalinski and some of his advisors and generals. now see zalinski sold one
1:17 pm
of his m tat jackets, 5 a $100000.00 at a london auction which was endorsed by the ban prime minister barak johnston congress. the all the has even received praise from the found of the notorious as of battalion for actually be supplying ukrainian nationalists since 2014. this is alex, the owner of the wonderful network, militaristic, half of the ukrainian army addresses since 2014. he has been super actively helping us with everything he could, uniforms, shoes, and many other things. let's discuss this with independent journalist sonya van demand. now many thanks for joining us on the program is lovely to see you. so well, this m talk brand, it doesn't actually produce any nazi themed items will be make a bit of sympathy isn't the fact, but ukraine's leadership preferred to wear such clothing, perhaps knowing but is who is coming from and what his beliefs are. well,
1:18 pm
you know, they're all related companies actually related to the potassium. and also when you look on their website, they have their website there. sure, you can find some math see symbols directly, but it's like at the north think it's similar to this mostly currently it's not the spastic out, and they all have these types of old gods from durham in german dionte that's old in and 2 other ones. so they actually sell that. when you look at c k also you see some supporters who yeah. wearing all these nasty in chickens and also this oldest notorious nazi. he wants to do one song and one of the supporters shouted as he came. so actually they will not open, they sell it in their show. if you carefully compare and you can see that it's
1:19 pm
actually the science of the nazis. elizabeth, have him look it's, it's been a disruptive for sure. it's one of the items. so yeah. so either missoula ski know he often sights his own jewish heritage when dismissing allegations of neo nazi sympathies do you think this will just be another red flank he can easily shrug off. yeah, i think so because of course he's saying he's, he's do is and so he has to is even his father, i think with the grandfather was killed in the 2nd world war. exterminated by the nazis. so he can say, okay, you know, it's nothing to do with me because i'm doing the crating and they're suffering so much. but actually is this what i say many times before you, if you can be enough to even you are jewish, you can be orthodoxy. can be georgia can be any religion because math system is
1:20 pm
somehow it's fascism. so it has nothing to do with any religion. it's an ideology which they carry out. we know from 2nd world war last for instance, or it's known, he is also jewish, and he was also collaborating with the nazi so it's just, you know, a couple actually because they support masters and or question. at least you would think that ukraine's presidential office might, you know, have some knowledge or be keeping a close eye on what the head of state was. do you think that the neo nazi sympathy is over the tech found it could have just simply slipped under the kid on the kids radar? and i have no idea about it. i don't think so. i think a lot of people know him in his government. they know about it because, you know, include us and 14, when my uncle massey's already there and we all somehow get into the right sector. so they know about it. and i think
1:21 pm
a lot of ukrainians inside or inside the government are supporting the material. we know i went from the factory, i saw all the in sickness room. the nasty can use my counselor so they know about it. they, they, i think they supported book ok, open the course and western mainstream media. first they said all the time, well, you know, the tele is actually especially retailing with when especially ration started. they just said no, no, no, you know, they changed. it's not like that. so no, they're not anymore. so this is how they twist the whole thing. but definitely they know thanks so much for joining us on the program this evening and sharing your thoughts on the matter. really appreciate your time. we've been speaking through independent journalists, sonya done to vendor. thank you. thank you. russia has that it expects the participation of nearly all of $54.00 african nations in the 2nd africa,
1:22 pm
russian summit to be held in saint petersburg. this june law says the west continues as demands that the continent stop cooperating with russia. we are convinced that most leaders will ignore open threats and outright blackmail from western states, which literally demand that african state stock co operating with russia. we assure that no one will be scared, since there is a huge request for cooperation from both sides, from the russian side and from the african one. we have mutual interests that we can unite now. though russia has a long history of diplomatic relations in africa, the united states seems to have only shown interest in its nations since the ukraine conflict began to out. do most guys work on the continent. the u. s. has its own africa, russia, on that last december, christmas kind since the down arrow. let's now discuss this with associate professor of political science and international relations at the university of john inspect, david manya. many thanks for joining us on the program. really appreciate your time
1:23 pm
. so we'd like to know what's your take on the significance of this upcoming summit in june and how it plays into the developing relations between russia and african countries? indeed, i think this is an important funded like all the other summits. i think the clearest way of looking at it is that the african union developed strategic partnership document that informs the continent for in, for the, for africa to develop. it requires assistance and working with a number of partners which include the united states, china, european union, russia army, quite a number of other players. and i doubt very much that the african continent to be pull it. avoiding one single player. russia, in this instance, is they act and move to this summit collectively as africa. and i
1:24 pm
think that they're enough mechanisms of defending themselves against unnecessary pressure coming from washington and not to relate as well as have trait with, with russia and when it comes to russian african cooperation. where do you think the focus should be them? both areas? i think our economies with so much in common in most areas with more or less similar issues when it comes to minerals and the like, i think where is the area of for most in terms of conventions will be in the production of products in science and technology, i think russia, well, experience in a number of areas when it comes to economy. for instance, russia could play a critical role to revise african economy, particularly utilizing the the porters that is quite rich and taped
1:25 pm
to deal with unemployment on the african continent. far beyond that, to that number areas that corporation could come in, such as in space, which we, russia, is a leading. claire and other areas in terms of seen saying help infrastructure in key infrastructure. it's quite important. there will be other areas where a lot of negotiations is also required to deal with any disagreements between africa and russia. is the case with african china that areas with disagreements. how if this is done in a proper way, without making you to this make got diplomacy and shocking on top of the hill as the u. s. s. at china has long been investing in africa. what do you make all the countries well, in africa, especially when it comes to cooperation with russia and rivalry with the west is
1:26 pm
going to be quite a difficult because out of $55.00 african countries that you mentioned are all not the same. you have some of the poorest, much more smaller and they have no weight in terms of resisting pressure from washington. they rely on western powers on almost everything. i think we have to go to united nation general to see the no fought. then you have the middle african country powers and then much more bigger african countries, such as all africa that will resist openly without any fear of any pressure from washington. so it really depend on what kind of innovative ways of new engagement i think the is the need to deal with issues of currents, the digital currents and to avoid sanctions in terms of the usage of the system and other mechanisms in which the united states is using global public goods
1:27 pm
to punish not only russia, but the international community, those who are not in line with gender of washington, as africa, focuses on developing relations with russia, with china. how do you see the future of africa relations with the west? i think it's going to continue the west. it has been on the african continent much more longer. given the history of colonialism, even in the us independence, in most african countries, the worst has been active. and given the comparative families at most western countries have within global institutions, which is a i, m, f, world bank been up by hand in terms of directing some of the policies in most african countries. how if things are shifting,
1:28 pm
we see this wind of change where power economy and shifting to asia mainly and with the brakes. i think there's an advantage. russia, china, a still sort of can india, a new class engineer, a new way of handling some of this precious and by extension. give me a better chance or fox if seen quite a number of other alternative models of development as well as a means to trade out one key and important items. thank you so much for sharing your time enjoying site with us today. we really appreciate it. we've been speaking so associate professor of political science and international relations at the university of johannesburg. david on. yeah, thank you. tell us take it to pakistan. now why clash between the nation police and support is a former prime minister in rank, con, has escalated outside his home in the hall. as officers have once again failed to
1:29 pm
arrest the opposition need, if not appearing as a court hearing on alleged corruption charges, or con, however, is convinced. the real goal of the government is to wink the elections. the reason why this is happening is not because i broke any law. the reason why this is happening is they want to put me in jail and they won't be in jail so that i cannot contest elections. the reason i didn't appear in the court was because my life is a threat. i already had one assassination attempt on me and my life was threatened by the same people, one power. and actually there was a warning by the interior ministry that my life is in danger. there came with such force, i mean, short of tanks, they had everything they had. these armored cause the eastern part of the whole now resembles a battle ground. the violence has spilled over into a 2nd day. the unrest fled up on tuesday as con supports his guns about find his home to defend him from the 40s. some local,
1:30 pm
say the attempt to arrest counties aimed at postponing the elections, which could see him were turned to power tomorrow in the media around the world, showing what happened here. but our government has imposed bad and local tv channels to not show him or and con, they are fighting a war with us because they want to avoid elections. they want a lot of coughing. they want to arrest and we're in con. so people will take the street, there will be violent and that will be enough justification to postpone the election . but today we still with god willing him wrong, can will save pakistan's. he will put his foot on the neck and will be elected again. no one can stop them when they have shut down the internet. not only have the 5 t guys, but the direct fired the former prime minister residence our whole leadership is no safe. it's provoking people thanks for joining us on.
62 Views
Uploaded by TV Archive on