[000:00:00;00] ah, ah, the global financial system is shaken by a plunge in the stock of switzerland's 2nd largest bank, renewing piers of the next world wide financial crush. russia minister of defense, called american drone twice me, a russian border, provocative as pentagon officials contact their russian counterparts for the 1st time in months after the american. you ab crash in the black city, and millions are outraged by the italian government that tends to blame the european migration prices on the russian private military group. wagner. i don't think it's because of russia african sleeve for europe doing not today

russia different ways. we have an example, we already have them own ladders. i'm fine with good afternoon for martine or national studios in moscow, and welcome to the hours most vital stories across the globe. i'm for your allies about banking stocks in asia. have taken a tumble falling reports that a catastrophic turmoil at mega bank credits to it could have world wide repercussions. dragging global markets lower. as the news broke japan's topics, banks index dropped by 6.4 percent during the morning session with hong kong, standard chartered and south korea. shin han financial group trailing close behind . unraveling investor confidence across continents. since baking chairs were

hammered in both europe and new york, that comes after credit suisse is bank stock plunge, rattled global markets with the south central bank stepping in with a $53000000000.00 lifeline. that has credits versus 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 credits with shares that cost 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. cutty cerise 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. muriel rubini said in an interview that they could, histories crisis, is a quote, lehmann moment for european and global markets referring to the lehman 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 frances b and b about the bass stocks temporarily halted earlier in the day as its value plunged. as did that of sissy it, isn't it? i'm good. yeah, i think her and germany's chorus bank, the ceo of global investment giant black rock. larry,

thank suggest that silicon valley bank was just the 1st domino to fall, calling it a quote, slow rolling crisis with quote more seizures and shut downs coming. but just face earlier french economy in 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 to 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 i was seeking very bank, you snot explore to, lucy, couldn't very bank. so there is no links between the different situations. there is no specific concern on the full defense banks. now the members 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 sell 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 pot flat footed. the current european central bank governor christine la gal 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 gowns had figured at 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 met, assured that sanctions against moscow would bring down the russian economy as european union commission, president ursula vander line announced that the west was cutting russian banks off from the swift system when some shoot,

if because the financial sanctions are formidable affected winston, i want to leave no remedy to route any of your printer one nation on the subject. should i da da da, georgia total economic and financial award? russia new good rogues, called last year of the russia 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 harm their 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 that 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 have 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 managers, just fine 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,

we had 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 the you has to learn its lesson the hard way before coming to its senses for its own sake. political analysts and journalist john rowley 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 2000 a year. the government spelled out 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, it didn't really go into the economy. no, it's settled in the bank, and it contributed to inflation and depletion in the value 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 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 are coming to reckon with the poor measures that were implemented after 2008 and apocalyptic conflict could be the consequence of the u. s. air force shooting down a russian aircraft 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 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 pilots who should be held responsible, but american politicians who are inciting and apocalyptic conflict. well, we should hold them accountable and say that if you ever get near another, you asset flying in international waters, your airplane would be shut down. well, what ronald reagan do right now, he would, they would start shooting russian planes down if they were threatening. our ass says moscow however, has denied the u. a. the was intentionally taken down by its fighter jets. according to the ministry of defense, the drone loss control as a result of a risky 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 service joyful and that such recognize reconnaissance operations are dangerously provocative. ortiz marina closer ever has more. the incident was caused by us actions that violated the flight restriction

zone said why the russian federation were noted. the flights of american strategic unmanned aerial vehicles near crimean 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, i'll a 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 restricted status. first, 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's saying

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 accusing russia and said that russia did this on purse on purpose. and now literally less than 24 hours later we have the us 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, bush and jet approach 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 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 all russian as spokesperson are the 3 for scott who said at best actually a, let's have a 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 asa said again, love rob mentioned earlier in the day that these actions, they know the risks that they're taken,

washington all when they do this and they risk escalating? is this something that they're looking for? that is the question. meanwhile, 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 whose lamb kiev, for turning a blind eye to the situation. resonant 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 unspeakable 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. ukraine had previously been shaken by a similar food, corruption scandal. what time the defense ministry. but the minister was able to stay in office dismissing the allegations as false, the whistle boy ukrainian law maker claims the situation has an improved and is demanding immediate action from the government. here western allies have also lashed out at ukraine for undermining nato funding with corruption and bureaucracy . where the problem with this government is they, they is not that they don't spend enough, it's that they don't achieve enough results for the spending they do. we 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 lows in,

in leadership have lost confidence in the outcome in the future of their country. it will need and that's why they're gonna clients again, they're going to line 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 it's a true, honest assessment of what this means is it spells disaster per you crank 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 his 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 . that governance corruption and poor distribution of goods. those are the reasons malaysians have given up 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 woes. we heard from local residence. marcy was ms up now 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. with sheerly, we can say that this migratory flow of africans is due to a lack of work, lack of development, and also lack of will from african politician to put in placement strategy to better keep their children on their territory. whom you barbara eliza, thank you. i love africans,

generally leave africa for several reasons. security reasons, financial reasons, and others, even out of a sudden, well 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. oh, is it wrong? but it was a delay. i don't think it's because of russia. young africans, fleet for europe didn't start to date. it's true that conflicts are one of the reasons for but what brings conflicts? it is bad governance corruption, poor distribution of goods. all of these has now turned into conflicts that are undermining the developmental to african continent. i'm already 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 more people have already arrived in the start of this here. 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 an molly at the request of the country's government. according to the russian foreign ministry, we spoke with a pan african analyst from neighboring burkina faso, who says that all western attempts to blame, wagner only indicate that a western involvement in africa failed the knowing. i think this statement is completely farfetched and answer if you will, that they are looking for an excuse to explain their failure of their ability to help their ally ukraine and to blame the instigator, the influx of migrant sim. 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 and work in the western block can re orient themselves beside with more recently or less than 5 years ago. the african countries began to trust, although not from the western block. as a result, there has been a long and security and the central african republic under president taught. there are working class which turn it back on. the western block only in january now has operational drones. there are being used to fight terror, real results and reclaimed territory. that's what the alternative block is capable . around 30 members of notorious nigerian militant group boca her, 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 operations. the group's violence against the nigerian government had led to deaths of more than 40000 people according to the un,

the vast lake, chad region shared by nigeria, niger, cameroon. and chad is in notorious base for boca her. i'm activity, which increase last month. the 4 countries set up a multinational joint task worse than 2015, with the aim of defeating the arm group and promoting stability in the region. both for her on became notorious around the world after the group abducted more than $200.00 small world. many of whom have still not returned home. local journalists, pursuits of beatrice, brings us a story. it's been over 8 years now. seems to want to read on $76.00 who spent jobs between the ages of $1618.00 went to love to buy more quiet. i'm told always from yes school in the state of both north in nigeria. prior to the read, the school was closed for 4 weeks due to due to re, to in secondary to conditions what to be dealt with that in order to write to the

final examinations would out when i would have completed my education. if they didn't deduct 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 us. but it was why myself and 2 other girls escaped from the forest one night, which says we were forced to convert to islam. and if you refuse to attend there, slamming lessons and observe press, he'd be tied up and beaten at the 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. he's in a send to one of the commanders. i gave birth to a child for him, but he died along the way when we escaped. there was 7 of us that escaped from the

terrorists camp at 12 am in the morning who spent days without food or water. some people saw us and took me to the security agents and newman in a downwash state where they publicized 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 model of one of the girls who are still missing. rachel daniel says, how like us, it's changed since her daughter was hub. good. having heard stories about what may have happened to some of the girls on the slavery by the g. hardest terrorist, rachel can only wonder what her daughter was going to. she has treated with bronx this to her on the 19 on government to rescue her daughter and order guild swath. still in the hands of the director who called popped up. poor francis,

i met 2 girls who escaped from the 2 hardest terrorist after years of violence. when i known as him, 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 the tail rescue her. amanda? no, i'm not tired of waiting. when i, when i heard that the pope met some of the freed girls. i also wanted to be like other mothers whose daughters were also rescued on, but i wanted them out to please pray for my daughter wherever she is, let her be released, whether she is dead or alive. when the police let the pope beg the nigerian government to do sometimes like a cow, didn't angenie twist intervention houses led to many of the kidnapped ghost rescue . 98 scales kidnapped from the town of she woke in 2014 still remains me since most residents are wondering why the military has filled to rescue the remaining jokes. the spirit of the hush touched us parts of the brink box. our

ghost company was an attempt to put pressure on the government to help them to return the gills bar. i'm bluetooth it shows how to use international media. that's all for now. head over to r t dot com for all the latest breaking news and updates. and don't forget to follow us on odyssey rumble and gab for more. thanks for joining in. we'll see a back at the top of the hour. ah ah ah,

with what we've got to do is identify the threats that we have. it's crazy confrontation, let it be an arms race is on offensive, bearing dramatic development only personally and getting to resist. i don't see how that strategy will be successful,

very critical time time to sit down and talk. ah riga capital city of the republic of latvia, the country gained independence on march, the 16th. now, thousands of people have gathered in the city center near the freedom monument ever since. and how does the democratic olympia celebrate? every spring? the country is now being a member of both the european union and nato for several years. the nell very few surviving legionnaires who served in latvian vanessa as divisions, march solemnly under national flags and making their way to the countries main monuments. their accompanied by a large crowd of loyal supporters and admirers to the strains of nazi style marches,

and songs and number of officials and individuals lay memorial weeks at the base of the monument. as they joined the commemoration of remembrance day. it's a day when respect paid to fallen and surviving volunteers for hitler's ass. there was a time when this was even considered a national holiday soon. austin was, oh dorothy such a thought. all god to jane, both full of korean, the death. but rich and good. thank by material on thursday. if you are going yet. law her daughter, this is your foot on the door fontinella with a full of renewed sill. simon. he let the genuine which have flown it. i set the subtle, i gotta 1st was chucky a is that i spoke with. however,

officials from latvia and some other democratic european states still play an active part in these celebrations. which some claim bring shame on the country. yep . vehicle it is. we go to the chalet, stillberg from which is the prize. no, it's the daughter plasma. what smith is latisha may have done some in with the little like with you and little notebook pneumonia says what i'm most oh nym to dorian, nevada, to win that one. yeah, that money that you all, she was saying that the yeah, she says it says, you know, gabriela, the book at the pneumonia and that i knew i was one of ours in their store. what the she has done say, hey, are you really? that's what you would give up in 2013 supporters who march to celebrate the latvian ss. volunteers were led by m. p. 's from the ruling nationalist fall white body

full for latvia in months out of the x ray. since our i know, since ski and youngest umbrella in this video, m p 's can be seen attacking an antique, fascist, take it a with barely concealed hatred. they tear down posters depicting nazi victims and no go. the speakers playing a cautionary song entitled wilken valves bell is tony, and it all seems to be done with total impunity police officers attempting to maintain public order openly threatened has been fired from the force lawyer a very close when he moves just not significant. double what month gave every day to sip graciously, he offered his mother like doll families, difficult almost certain bodily as neo nazi activists. explain to it's no