[000:00:00;00] ah, a global financial system is shaken by a plunge in the stock of switzerland, 2nd largest bank renewing fears of the next world wide financial crisis. russia minister of defense calls, american pro, played peer russian border, provocative as pentagon officials contact their russian counterparts for the 1st time in months after the american you ab crash in the blood, the and the mullins are outraged by the italian government attempts to blame the european migration crisis on the russian private military group bags are i don't think it's because a not today

a whole. we already had another one where ladders i'm fine with . good morning for mark, international studios in moscow, and welcome to the hour's top stories across the globe. i'm fear allies about banking stocks in asia have taken a tumble following reports that the catastrophic turmoil, mega bank credits was, could possibly have global repercussions. dry global market slower. as in use broke japan's topics, banks index dropped by 6.4 percent during the morning session with hong kong standard chartered and south korea in hand. financial group trailing close behind, revealing an unraveling of investor confidence, spreading across continents. since banking shares were hammered in both europe and

new york, that comes after credit suisse bank stock plunge, rattled global markets with the swift central bank stepping in with a $53000000000.00 lifeline. that has credits for his biggest shareholders. saudi national bank said it wouldn't boost its share past the current level of just under 10 percent, triggering a fall of 30 percent in its shares that caused jitters across financial markets. parking a slump in major indexes. this comes hot on the heels of financial turmoil in the u . s. or the collapse of 2 major banks has sent ripples throughout the financial world. our t contributor rachel mars then picks up the story. the failure of silicon valley bank in the united states is sending shock waves through europe's financial system . and it's also sending its bank stocks into free fall on wednesday with the european press,

making the link between the u. s. crisis and new trouble for europe's banking sector. credit suisse had dropped on zurich, stock market by mid day. it's top investor, the saudi national bank said that they won't help cushion the blow by buying any more than the 9.8 percent of the shares that they already own, since they want to avoid any new regulatory regimes. they kick in above 10 percent investment economists, new rail rubini said in an interview that they could use. reese crisis is a quote lehmann moment for european global markets, referring to the layman brothers collapse that sparked the 2008 economic crisis in the united states, which then spread to europe. french banks were especially hit hard on wednesday with trading of francis b and b about he bass stocks temporarily halted earlier in the day as its value plunged. as did that of associates, isn't it? i'm good. yeah, i think her and germany's career bank, the ceo of global investment giant black rock, larry think,

suggests that silicon valley bank was just the 1st domino to fall, calling it a quote, slow rolling prices with quote more seizures and shut downs coming. but just face earlier french economy and finance minister, blaine or the mer insisted that everything was just fine. and he seemed kind of annoyed with suggestions otherwise come down and just have a look at the really t 2, etc. that to bang such who just mentioned sunday, which had a french banking system is not exposed to the city. can bank as he can very bank. he's not exposed to do city can very bank. so there is no links between the different situations. there is no specific concern on the full defense banks. now the men is also told french state tv that there was not a risk of contagion in france and that french banks work solid, which is kind of a tough cell when it's pretty much the opposite of what europeans are actually

witnessing in real time. it all sounds eerily like the last financial crisis back in 2008 when europe was caught flat footed the current european central bank governor hasty leg. yeah, that was french finance minister at the time and said back in september of 2008, that quote, the big systemic risk is behind us. but one month later, france, germany and britain were meeting about national and block wide bailouts and rescue packages. so not exactly the water under the bridge that la gown had figured at the that the time looks like european leaders were about as reliable in their foresight . then as they are now. and not just when it comes to europe, but russia to last year limit assured that sanctions against moscow would bring down the russian economy as european union commission president ursula of underline announced that the west was cutting russian banks off from the swift system on some

suit if you guess the financial sanctions are formidable effectiveness and i want to leave note, i'm going to do it on the european determination on the subject should i think there are going to wage a total economic and financial warren. russia will therefore provoke psychology of the russian economy. we commit to ensuring that a certain number of russian banks are removed from swift. this will ensure that these banks are disconnected from the international financial system and have the ability to operate globally right now. cutting off russian banks from their western counterparts is actually starting to look more like throwing someone overboard before the ship goes down. in order to save them, when the west was working to isolate rushes, financial system from, there's little did they know that they'd actually be saving moscow from the risk of contagion, their contagion. a year later, despite all the western sanctions,

russian banks of managed to adapt. and in january, the russian central bank announced that the country's current account surplus hit record high last year with the increased price of oil and gas exports, even as europe was cutting itself off. from them, maybe if european leaders had been as focused on insulating the block from the u. s . financial system in the wake of the 2008 crisis as they bid with cutting it off from russia. then maybe they wouldn't yet be in the position of gearing up for yet another potential white knuckle roller coaster ride with uncle sam at the controls . and no one can say that it's not possible for the you to isolate itself from the united states economy. because somehow canada right on the u. s. border and its largest trading partner. it's banks managed to just find to isolate itself from the u. s. banking system, 562 us banks went belly up over the past 20 years, yet not a single one. in canada, so here we go. yes,

with yet another example of europe over reliance and over dependence on the u. s. to its own detriment. much like the current energy crisis that a guy itself into egged on by washington. and you have to wonder how many times that you have to learn its lesson the hard way before coming to its senses for its own sake. political analysts and journalists, john verola, says western governments will try to solve the current crisis. the same way they did back 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 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, you know, where did it go? you know, didn't really go to 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. 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 will 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're coming to record with the poor measures that were implemented after 2008 and apocalyptic conflict could be the consequence of the u. s. air force shooting down russian care craft in international airspace. that's according to the russian ambassador to the u. s. responding to comments from a republican senator, a deliberate attack on russian aircraft and neutral as space is not just a crime in accordance with international law,

but an open declaration of war on the largest nuclear power. it's not russian piles who should be held responsible, but american politicians who are in citing an apocalyptic conflict. well, we should hold them accountable and say that if you ever get near another us sent flying in international waters, your airplane would be shot down. well, what ronald reagan do right now, he would, they would start, shoot russian planes down if they were threatening our assets. moscow, however, has denied the u. a. v was intentionally taken down by its fighter jets, according to ministry of defense, a drone loss control as a result of a risk in maneuver that the drone operator tried to perform several top russian officials have already stated that the reaper u a b had no business in the vicinity of self estoppel and that such recognizance operations are dangerously provocative. ortiz marita cluster ever has more. the incident was caused by us actions that violated the flight restriction zone

said by the russian federation. we're note that the flights of american strategic unmanned aerial vehicles near crimea and shores are provocative in their nature and create the conditions for escalation in the black sea. moscow site that they, you west 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 flying wherever they, sol fits. and this is what happens. 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 sat at 1st. they were accusing moscow right away. they said that the moscow did this intentionally. and now, just literally less than 24 hours have changed 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 it 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 purse on 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 or 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 there visualizations, ocean jet approach from the rear dumping fuel

u. s. officials believe it meant to come up in front of the drone, so 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 forrest 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. they 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. ah, literally the scott who said at best actually a, let's have listened exactly about that flight, restrict the 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, a gale of rod mentioned are earlier in the day that these actions, they know the risks that they're taken, washington i'll, when they do this and they risk escalating? is this something that they're looking for? that is the question. the ukrainian defense minister has been caught up in a food corruption scandal, apparently inflating prices for some items by 3 times. that's according to a ukranian member of parliament who was slammed. you have for turning a blind eye to the situation. resnick of plan to buy potatoes for soldiers at 3 times the price paid by the defense ministry supplier. since this is not the 1st scandal with the unsinkable minister and his purchases, only 2 questions remain. what kind of scum do you have to be to steal from a soldier's plate? and what kind of scum do you have to be to turn a blind eye to this at the top levels of power? i don't understand why resnick, of with such managers and salaries should steal money on potatoes. but apparently

a rat is a calling and a destiny. now ukraine had previously been shaken by a similar food, corruption scandal, what ties to the defense ministry. but the ministry was able to stay in office dismissing the allegations as false. the, with the boy ukrainian law maker claims the situation hasn't been proved and is demanding immediate action from the government. have western allies have also lashed out at ukraine for undermining natal funding with corruption and bureaucracy? where the problem with this government is they, they, they not that they don't spend enough. it's if they don't achieve enough results for the spending, they do spend too much on back office bureaucracy and not enough on frontline military equipment. international attorney kline preston says the emergence of corruption allegations fall in line with the actions of a government that is sure of its looming demise. to an indicator that in my view

that on the ukrainian government, those in, in leadership have lost confidence in the outcome in the future of their country. it will need and that's why there are government lines. again, they're going to alarm their pockets, like they've been doing off of the u. s. aid and money this when going to prop up this regime from the united states. so i'm a true, honest assessment of what this means is it spells disaster for you crying because i think it shows a lack of confidence amongst those who are in charge and who have the most information on about the true status of things in ukraine. the government, alexia, resonant, called, surely, has a real understanding of the future of this conflict. and what's gonna

happen with is government. and i think that's an indicator once someone starts line in their pockets like this, that they don't have confidence that this regime is going to last that much longer . bad governance corruption and poor distribution of goods. those are the reasons millions have given for the large migration flows from african countries. in response to accusations from the italian government that the russian private military grew. wagner is behind italy's migrant was we heard from local residence were marcy, it was up for me. what pushes africans to take the path of europe is the under development of different african states and a lack of work. we can't accuse rush on all these points as serially. we can say that this migratory flow of african was, is due to a lack of work, lack of development, and also lack of will from african politician to put in place and strategy to better keep their children on their territory. he knew that offer eliza,

thank you. love africans generally leave africa for several reasons. security reasons, financial reasons, and others, even out of a symbol, desire to discover new horizons. russia has different ways to effectively help africa from as an example. we already have molly, where wagner soldiers fight against terrorists. i don't think it's because of russia, young africans fleet for europe didn't stop today. it's true that conflicts are one of the reasons about what brings conflicts. it is bad. governance is corruption before distribution of goods. all of these cars now turns into conflicts that are undermining the. 1 development of the african continent number may be written, italy has been battling a migration crisis for over 10 years since the start of the arab spring. as of 2022, there were already more than 5000000 migrants in the country. and $20000.00 more people have already arrived since the start of this year. over the weekend,

at least 73 migrants died, trying to reach the coast of the southern region of calabria. however, italy has shifted responsibility for the migration problems on the russian private military. wagner group, which is in molly at the request of the country's government, according to the russian foreign ministry. we spoke with a pan african analysts from the neighboring burkina faso, who says that all western attempts to blame. wagner only indicate that a western involvement in africa has failed. also say no, i think this is completely far fetched and answer if you will. they are looking for an excuse to explain their failing of their ability to help their ally ukraine and to blame the wagner group for instigating the influx of migrants is simply saying that only the west is capable of such fabrication, the cooperation with other players, b, russia, china or iran is very important in african countries. we had very tangible failures

in working with the western block can reorient themselves precisely that there was more recently, less than 5 years ago. african countries began to trust other allies not from the western block. as a result, there has been a lot insecurity in the central african republic under president dera, looking faster, which turned it back on the western block. only in january now has operational drones. there are being used to fight terror, real results and reclaim territory. that's what the alternative block is capable of . around 30 members of the notorious nigeria military group vocal, her rom, have been killed by forces from neighboring niger, while more than 900 of its followers, including women and children, have been detained as a result of counter terror. opperation, the group violence against the nigerian government had led to death of more than

40000 people. according to the un, the vastly chad region shared by nigeria, niger cameron and shod, isn't toria, space for vocal her om activity, which increase last month, the 4 countries set up a multinational joint task force in 2015. with the aim of this meeting, the arm group and promoting the ability in the regent vocal her on became notorious around the world after the group abducted more than $200.00 school girls, many of whom have still not returned home. local journalists, pursuits to bitterest brings us the story. it's been over 8 years now says 276, christine girls, between the ages of 1618 were kidnapped by mcguire. i'm tourist from your school in the state of bull nose in nigeria. for i all to the read, the school was closed or 4 weeks due to did tori to in 2nd grade to conditions what to be girls with it in order to write the final examinations would opportunity i

would have completed my education. if they didn't abduct me in the 1st place, honestly, the life there is not an easy one compared to the freedom. now, because we aren't allowed to go out and there were rules on clothes, we shouldn't where we were forced to marry some of the fighters. i hated life, i hated that they married me to one of the fighters. his name is me, but who are got to her. it was why myself and 2 other girls escaped from the forest one night since we were forced to convert to islam and if he refused to attend there, slam mc lessons and observe press, he'd be tied up and beaten at a locked house for days. we will not allow to go out and were followed whenever we want to ease ourselves and bates, because they feared we might run away. sometimes they rate us. i was married off to one of the fighters who's an assistant, one of the commanders. i gave birth to a child for him, but he died along the way when we escaped. there were 7 of us that escaped from the

terrorists who have a 12 a. m. in the morning. i spent days with alfredo have water. some people saw us and took me to the security agency and newman in a downwash state where they publicize my abduction. as one of the missing tobac girls said that my parents could trace me. i was 14 years old when they took me. i caught up with the mother of one of the girls who are still missing. rachel daniel sees har, lycos exchanged since her daughter was up, doctor, having heard stories about what may have happened to some of the girls on the slavery by the hardest terrorist. rachel, can gorly wonder what her daughter was going to. she has treated frances to her on the nigerian government to rescue her daughter an order guilt who are still in the hands of the dreaded who because of the poor francis make a routine of guilt,

who escaped from the 2 hardest terrorist. after years of violence. when i known as and i suffered from high blood pressure, i couldn't eat it. i couldn't do anything when i was placed under medication till i got better. see the army have been assuring me for a long time that they'll rescue her. amanda no, i am not tired of waiting when i, when i heard that the poke met some of the freed girls, i also wanted to be like other mothers whose daughters were also rescued. and i wanted to poke to please pray for my daughter wherever she is. let her be released, whether she is dead or alive when you please let. i begged an i jerry and government to do sometimes like a cow luncheon and many traces intervention houses next to many objects not goes arrest, killed, 98 scales kidnapped from the town of cheap bulk in 2014 still remain me since most residents are wondering why the military has failed to rescue the remaining jokes, the spread of the hush talks us part of that bring back our gas company. what's an

attempt to put pressure on? didn't include on government to help get on the gills. bar. i'm pull to pitch rolls out a teen use international may do good. and that's a rob on the hours latest headlines for all the breaking news and updates that over to r t dot com and be sure to follow up on all social media platforms. thanks for joining us. we'll see a back at the top of the hour from blue a. every year on march, the sixty's, hundreds of people gather in the center of gregor to commemorate the land fans who fault with nazi germany in buffalo and says detachments during world war 2. this day is known as legion in a day. i see tooth really come on, been a good day at the movie. come on, don't be seen. there was a laugh. so i'd have to ask me, paula,

just that started by you. but it advocates, if the veterans claim the lengthy and soldiers had nothing to do with the trustees committed against jews, despite historical evidence, to prove that contrary with what are those cookies with bonuses like a socialist, russia, collusion with disabilities. what we've got to do is identify the threats that we have. it's crazy. even foundation, let it be an arms race is on often very dramatic development. only personally, i'm going to resist. i don't see how that strategy will be successful. it's very difficult time time to sit down and talk

when i want shown thing wrong, when i just don't move any new world yet to figure out this thing becomes the attitude and engagement. it was the trail. when so many find themselves worlds apart, we choose to look for common ground awe. every spring and summer, the melting optic snow reveals abandoned machinery, millions of rusty barrels and the detritus left by human expansion into this most inaccessible of territories. yeah, then you have to move, so take a look at the bus to pick an issue. all intents from clean optic travel to ice island,

home to the biggest polar station on the french joseph land archipelago. i asked me, but i lost my bosom or yet was issued. so it means it's yahoo aimlessly. nasa monroe and i'm but somebody with a some a stay on the or so forth. so much you feel like you would for a, mary from a serial number. zamiah's membership, one year of catherine dom cyril know, boys of premium abuse, chico, me of that of the optic pioneers main objective was to explore and conquer these harsh lands. they had no time to think about waste management now and legacy could remain for centuries. my choice of so with because you system was going to plenty of corporate don't really tune could have deal to fish. ah, when we think of micro chip bang, we usually think of animal like the beloved dog or cat that occasionally wanders

off and needed to track it or endangered animals that get released back into the wild and studies in the name of science. but now the industry is changing and moving towards miko tripping for a human. yes, the same radio frequency identification or r f i. d technology once used for animals is now being removed, apted for identifying and verifying human. i'm christy i and you're watching the cost of everything. where today we're going to be looking at the micro tripping industry. what are the advantages and disadvantages of getting chipped and what will the future look like? me? a micro chip with 1st implanted into a human back in 1998. but it is only during the past decade that the technology has been available commercially. these chips weigh less than

a gram and are about the size of a grain of rice and are comprised of a high micro chip encased in a bio polymer. while there are different ships on the market, for the most part, they all use near field communication or n s c, which is the contactless payment system in smartphones or the other one r f i d. these chips emit a radio frequency signal that transmit its unique id number to a scanner. the number then access is a computer database containing the client's files. customers can opt to provide as much or as little as they want to link onto their chip when they undergo the procedure. now with this technology, these chips can be encoded so that with a wave of your hand, you can make payments at the car terminals. start your tesla, open your home door, ride the metro access your workplace, and many more. the average cost of the procedure of having