[000:00:00;00] a lot of credit suisse chance drop by 30 percent a historic lo trading of several european bank stocks are halted and 5th spread looming financial meltdown. the key city auto mall global communities, further and circled as russian forces advancing. don't boss with the volcanic group releasing footage from inside the area strongholds the as on planned a facility with a deep web of underground passages also had

a chaos. iraq found signs form of pakistani prime minister in run kong residence as police attempts to arrest the politician on alleged corruption charges with a very well welcome from all of our team here we're in moscow. this is ality international with the very latest wealth news updates good to have you with us. now, one of europe's largest banks, credit suisse, has seen a 30 percent drop in shaft price on wednesday, with the financial times reporting that the financial organization has appealed to the swiss national bank for a public show of support trading of several companies stokes, including credits with where temporarily hold it on wednesday morning, due to steep losses. the fall is cause they why the banking sake to sell off following gets modus 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 reasons. outside the simplest reason which is regulatory and statuary. we 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 last year. customers not credit suisse withdrew ever $130000000000.00 with the bank reporting an annual loss of $98000000000.00. it's biggest since the global financial crisis in 2008. the crash on wednesday spilled over into other european banking sex and stokes with institutions such as commerce bank and deutscher bank falling between 8 percent and 10 percent jacks appear directly at the school of high studies. and social sciences say it's quite, it's with drop is assigned, but some european bunks are frail. eat a sign, you know,

it's definitely an indicator that some bags not was a bag that some bags in your rob are quite free. you, in with a moment of your reads we have seen in the last 6 months is our move for a be cool was the bought off of titles as being pert and the pressure certainly a problem which deserves to be addressed very quickly. this comes holds on the hills of financial turmoil in the us, where the collapse of 2 major banks. i said, ripples throughout the world. but let's go analyst on journalists, jonesboro. the say. western governments will try to solve the current crisis. the same way they did in 2008 by simply printing more money. this is what happened in 2008th. i mean, you know,

the government bell down the big bank by putting more money. right? we had all of this. all we took all these measures to save the bank for printing printing, right? it was called q e quantitative easing. it was basically printing a one trillion, 2 trillion dollars and sorry, i can't remember the exact figure, but they through all this money at the bank and that money. where did it go? you know, it didn't really go into the economy. no, it's settled in the bank, and it contributed to inflation. and the depletion in the value of asset, which of course is an artificial inflation. and this is the problem that the american government always gets involved in the crisis and try to solve by printing more money. but that doesn't solve the problem. that just won't solve the temporarily. it pushes the problem on towards the future, right? so basically we're also, we're now today coming to correction, we are coming to reckon with the poor measures that were implemented after 2008 again, printed all this money. then we have covered over 19 print,

more money prints, more money, right? this is the, this is the go to answer of u. s. government and the federal reserve just for more money or they never make deep systemic change. and the day of reckoning is coming. we cannot do this forever . we cannot printing money forever. right? so it's going to blow up is going to blow up in a big way. but i think again, by the end of the year, we're going to face a major systemic crisis in class. and that is what's fueling inflation. and the inflation is also wrecking. how did with the financial system, you know, it was connected, it really, really is all connected. and a lot of people are fortunate. don't see that. that actually our leaders don't even understand better than that. does that mean how competent they are? my colleague peter's golf spoke with us, he contributed. kristen said true parallels between the current crisis and not of 2008. i think people tend to do in these scenarios is sort of speculate really. we, 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, china was sort of starting to build up confidence within 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 and 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 u. s. fall of n, but take the situation now. take whether you thought it was 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 top of the programs. accepting payments in the currency is apart from the u. s sola,

that wasn't the case in 2009. so how the market's react is going to be very turbulent in my opinion when it comes to you. right? well, 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 us will respond to this latest crisis? yeah, well again, i think that going to have to have a very different response is not going to be easiest for them as it was before. let's take you to 2000, we keep in mind these other 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 bank side of that was a lot bigger. but hey, it's sort of 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 or again, i'm sorry for you to get out to go through the click of a flip of because you just put so much great confidence for us today. hillary clinton in china in 2008 and have

a listen. and i appreciate greatly the chinese government's continuing confidence in united states treasury's, 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 in the world. 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, is part of china to me is not, is passive. china, which is adopted as international law, which the u. s. still continues to send lethal aid to taiwan. so the chinese, they're not stupid, they're putting everything out there economy, what's very differently, their financial planning, which if any,

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 u. s. to react to that. they're not going to have as many friends there anymore. and pakistan clashes between the nations, police, and support as a former prime minister in ron con, have escalate downside, his residence in the hall as officers of once again failed to find the rest, the opposition leader for no apparent get a court hearing on the ledge corruption charges call himself safe. a real goal of the government is to prevent him from taking part in this year's upcoming elections . the reason why this is happening is not because i broken the law. the reason why this is happening is they want to put the jail and the one being jailed 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 that was a warning by the interior ministry that my life is in danger. the game with such force, i mean short of tanks, they had everything they had. these armored gaz the eastern part of the whole now resembles a battle ground as the violence has spilled over into a 2nd day. the unrest flag up on tuesday as con support is gathered outside his home to defend him from the authorities. some local say the attempts to arrest con is aimed at postponing the elections, which could see him returned to power. not in the media around the world, a showing when happened here. but our government has imposed to ban and local tv channels to not show emron cod. they're fighting a war with us because they want to avoid elections. they want blood and coffins.

they want to arrest him or and con. so people will take to the street. there will be by lens and that will be enough justification to postpone the elections. emmett? aha, no. but today we stood with god willing him wrong, can will save pakistan. he will put his foot on their neck and will be elected again. no one can stop them when they have shut down. the internet's not only have the 5 d a guess, but diverse direct fired, the former prime minister residence. our whole leadership is not safe. it's provoking to people. local correspondents, chow, at the yoga is at the scene. in the hall with the latest on the hunt for him run, con the most and my, who the man standing near them on part the residence of former prime minister, him wrong con. on tuesday morning and operation was launched to arrest con, by deploying punjab police islamabad. police rangers and paramilitary troops. it was a difficult operation,

and the authorities used massive force against cancer borders. they use dear gas. bullets were also fired. many workers were injured are hospitalized. several are in critical condition, while emergency has been declared in the hospitals. if we talk about this, i'm on par carrier, it's been completely cordons of local residents are scared, schools were shut down and people fear what will happen to them in the coming nights and days. for the time being. the operation has been suspended on a court order until 10 am on thursday. the court has ordered punjab police and ranges to move back at least 500 meters from cons residence. so now they are deployed at the specified distance. they are waiting for the next order from the court and maybe they will restore the operation on thursday morning will keep you updated and on bass ration for his taking control of the village as, as al is nan square now are to moscow center is balconies further and circling the

city as, according to the chief of russia, as long as the group which is spearheading the man flung offensive. through spite the lack of ammunition in the most difficult battles. our assaults completing the circle into bus minutes. this morning, the pmc wagner saw units gained control over the village of zealous 90 scott. the russian army has reportedly attacked the rev. ukrainian reinforcements in the area of the night. that's off the president's ellen's keys office announced that would keep defending the city and major logistics hub for the ukranian army. despite taking massive losses there. earlier russia's volcanic group reportedly took the part of the industrial zone zone in on him last, unverified online storage, apparently confirmed rushes control over the bowl stalk mush plans. as you can see in the footage, wagner has taken the facility in the north of the city. this is the same plans where presidents, lensky commanded ukrainian soldiers for the defense of the city. last year. they is

on plant is one of the city's main strong holds with this on the ground tunnels vital for defense. across the milligan's group, public russian forces have showed ukrainian positions and renewed tactical battles as the russian army continues. it's offensive with tongue kills raging on the grounds and jones clashing in the skies. ortiz ecosystem of is that the soil here in the spring time dawn bass is very close to quicksand. parts of this forest is a complete not many vehicles and this terrain freely and safely. thanks. i certainly among those that can

ah, these tanks belong to the euro separated, sold battalion to say they know their enemy in the face is hardly an exaggeration. a 100 meters is sometimes rule that separates the sides. caves all seeing eyes focused on the battle for both moat and russian troops. here in the loo, ganske republic had been trying to capitalize on the distraction. ukrainian command has drawn reinforcements, but they are 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. and magus done of reporting from the dumbass, our t 4 to 6 weeks. that's the timeline for the delivery of poland. old soviets made to find the jets to ukraine, at least according to the polish prime minister. duplicate. let me go. it's about handing over me. 29 president under is do the said. poland is ready to handle the fighter jets. when might this happen on somebody this could happen in the next 4 or 6 weeks. they make a $29.00 is a soviet era. jed still operated by several eastern european countries, including poland. the jets excel it area code boss, but can also be used to drop bombs on the grounds. poland has previously said it wants to replace its fleet of may 29th with new fighters from nato partners or

former us marine and geopolitical analysts. mark, john, mark duke, and rather save such war planes will not turn the tide in ukraine's favor. there's a reason napoleon is doing it, and poems not doing this out of generosity, and they're not doing it because they help. they think that these megs are going to make any sort of impact. they're doing it because they want money from nato and they're going to want to replace them with different data where craft look. i'm not saying that to make the bad airplanes fantastic, except for the fact that russia has such incredible ground to air missile capabilities. systems like the 300 s 400 systems. and it's really going to render these aircraft. i mean move well, rushes farm and if it's a us military reaper draw in the class off the crime in post on tuesday has violated no fly zone. so it

a lot of cold it and attempted american provocation. the u. s. completely ignores the fact that after the started the special operation, our military declared the relevant areas of the black sea adjacent to the coast in certain places as areas that have a limited status for used by any aircraft. such to fire disregard suggest that the american site is constantly trying to look for some kind of provocation to escalate its confrontational approach. moscow said that the us was aware all along that, that area that air space. i had a flight restricted status all along, but washington of course, and has always said that it would ignore that and continue fly and wherever they, sol fits. and this is what happened. so naturally, moscow says, since washington was aware, this most likely seems to be an act of provocation. so they're just looking for a way to escalate their approaches. and this is one of the ways they did that since again, they knew that that area had

a flight restrict the status 1st. they were accusing moscow right away. they said that the moscow did this intentionally. and now, just literally less than 24 hours of change their tune. and now we have statements from the usaa state department spokesperson that price. who said that it looks like it was most likely an unintentional event. let's take a lesson, i think the best assessment right now is that a probably was unintentional. it probably was the result of profound and competence on the part of one of these russian pilots. at 1st we saw media in the us, absolutely gone crazy, been hysterical, really accused in russia and said that russia did this on purpose purpose. and now literally less than 24 hours later we have the u. s. state department saying that this looks like an unintentional incidents and we can hear from the us state department, what he had to say there in that price. that now it's an unintentional ah, incidents. and again, we're saying that there are now focusing on the manner in which this happens and

they're making elaborate videos and simulations of how it happened. and so let's have a look at one of their versions of what they claim, how it happened, their visualizations, ocean jed approached from the rear. dumping fuel u. s. officials believe it meant to come up in front of the drone, so it would fly into the fuel cloud, but pulled up too soon and clipped the drones propeller, which is located in the rear. the drones controllers could do nothing but let it glide into the sea. raso forest part has always maintained from the very few hours after this happened that russia did not come into contact, actual physical contact if you will, with the drawing. and also it did not shoot it down, it did not use any weapons against that. but again, we saw all what was happening in western media there. and again, there were, there were prepared. ah, but perhaps it was a russian as spokesperson are the 3 pers scave who sat at best actually a let's have a listen exactly about that flight, restrict that status,

which is the key and most important information of as they those who shouldn't have been there. shouldn't have flown there and then everything would have been environmentally friendly. and this of course was everything and to risk. as i said again, love rob mentioned earlier in the day that these actions, they know the risks that they're taken. washington, when they do this and they risk escalating, is this something that they're looking for that as the question, international consultant and retired u. s. military, lieutenant colonel as well, rasmussen says the american trend was likely gathering intelligence for ukraine, which is preparing to attack russians. crimea, i think the, the us will be more, perhaps more cautious, but they'll probably still send drones out there. this is a look at mr. prescott said this note was well known in advance that this was in a, basically a conflict zone area. and the zone of the special military operation. so what other area of vehicles are flying? they're,

they're taking at their own risk. probably would have been fair game. just shoot it down as well. yes, it is. the information being collected for nato countries. yes. is it highly likely that it's being given to ukraine? it would not surprise me, as it was absolutely, especially, you know, there, there been discussions on, on looking at ways to strike it, crimea, and you want to know where the facilities are. and either way, whether you're going to do an electronic attack or another type of attack, but it definitely was gathering strategic information that would be shared with members. crane has lost the chance to host the 2013 fif world cup. the wilco, how's replace the country and doing bid with spain and portugal to host the event together? i would like to announce that the kingdom of morocco has decided together with spain and portugal to present

a joint bid to host the 2030 world cup. this joint bid, which is unprecedented in football history, will bring together africa in europe. the northern and southern mediterranean and the african arab euro, mediterranean worlds, and cranes bid to co host the tournament with spain. and portugal was previously welcomed by fever. but the aspiration was complicated due to multiple control the seas, including security concerns and corruption scandals. 2 of ukraine's leading football officials have been arrested on allegations of fraud and money laundering. finished journalists that janish put, conan said corruption and ukraine comes as a hard hit for the west. in order to host a big bob like even leg fuck up or any other big major evens like eurovision or anything. he demands it 1st avoid me. oh, supply of energy, it needs a security,

it needs lots of transparent funding and the possibilities to reach goals. and that is something to crank, cannot offer corruption. they grew up and came to bob like the shock. i think that the black rocker institution in which to grow or go crania, nick, are normally in the end of january, they really have a power to overlook the findings or what's going on in the brain unique one or mix these. oh, reality has been hard heat for her for the west if they didn't know it before. although brady as a sigh of these build on corruption, now they certainly know. and the black rock has, oh specialists who can go and see what's really going on in the country. a president of honduras say she's willing to establish diplomatic relations with china. the author has been welcomed by beijing, but on one condition that the latin american nation complies with the one china

policy. well know how you found the you're going to welcome the relevant statements made by the one who are inside establishing a diplomatic relationship with chinese. the right choice in compliance with the great trends of historic development and the advancement of the times on the basis of the one china, principal, chinese willing to develop friendly and cooperative relations with and yours and all other countries in the world. they didn't consider as tie one part of its territory and under the one china principal. no country may maintain diplomatic relations with both china and taiwan. if i do a secure times with paging, they would have to sever its relations with ty, one, ty, pay has already expressed serious concern over the diplomatic moves between honduras and aging. taiwan has all the latin american country to quote, carefully consider to avoid making a wrong decision. well, number of countries that see taiwan as independent has been decreasing over the

years. some nations have with global no recognition right now. only 14 states consider taiwan a separate country and have diplomatic relations with ty pay. most of the world's nations respects the one china policy. now let's take a look at latin america. only a government's there to recognise taiwan. while the major economic political power is all black in america, adhere to the one china policy and accept the core principles of its territorial integrity. asia, political risk analyst will fain gold say 100. his aspiration for times with china could mean another friend of rivalry between washington and beijing. the united states and china are clearly competing for influencing in central and south america, as well as the caribbean. already seeing some criticism from us politicians in the us government, overhead doors decision. but inevitably will you,

what could be us really do you can't tell another country we can enter into diplomatic relations with other then, you know, try and carrot and stick approach. china, there, there, there with here, 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. ah moscow say that expects the participation of nearly all $54.00 african nations in the 2nd russia, africa summit to be held in saint petersburg this june with us as the west continues, its demands that the continent stopped cooperating with moscow. we are convinced that most leaders will ignore open threats and outright blackmail from western states, which literally demand that african state still 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. while russia has a long history of diplomatic relations with africa, the us as soon increasing interest in the content since the ukraine conflicts ruptured last year, and other parents big to counter rushes influenced the us post so much with africans last december. the 1st such events in savannah's presidency, a professor of political science and international relations told us that geo political shifts could actually give africans and advantage. the west has been on the african continent much more longer. give him the history of colonialism, even in the post independence, in most african countries, the worst has been active. and given the competitive advantage of the most, woodson countries have within global institutions are such as i m f, world bank to pave in up by hand in terms of directing some of the policies in most african countries. however,

things are shifting. we see this wind of change where our power economic power is shifting to asia mainly. and we live greeks. i think that is in that one bitch in which russia china, upper seal sort of can india a new class? she moved in shania a new way of handling or some of those precious and by extension or giving an africa k. a better chance of accessing quite a number of other alternative models of development. as well as a means to trade out on key and important items. for the latest news updates, discussion debate found documentary as you can check our website, r t dot com. thank you for choosing our t international. every year on march, the 16th hundreds of people gather in the center. agree go to commemorate the land

fans who fought with nancy. germany in birth, in essence, detachments during world war 2. this day is known as legion in a day, same tooth, and really from underneath of the many common leasing. as of some of the ss of saw me, paula just got started with advocates of the veterans claim. the lengthy and soldiers had nothing to do with the trustees committee against jews, despite historical evidence. to prove the contrary with off. you touch with it when i was showing wrong,