ah ah, the global financial system is shaken by a plunge in the stock of switzerland's 2nd largest bank renewing face of another financial crash. brochures minister defense called american drone flights nurses border provocative pentagon and russian official communicate for the 1st time in months following an american v crush in the black sea on tuesday. and molly ins are outraged by the italian government attempts to blame the european migration crisis on the russian private military group. wagner, i don't think it's because of russia africans fleet for europe didn't start today. russia has different ways to effectively help africa. as an example, we already have molly, where wagner soldiers fight against terry's

a must go to the world. you're watching r t international line. peter scott here. the top stores at 2 p. m. moscow time. thanks for joining us. there we start off with banking stalks in asia, which have taken a tumble. that's following reports that the catastrophic turmoil at mega bank credit suisse, could have world wide repercussions drug in global markets lower. now, as the news broke, japan topics banks index dropped by 6.4 percent during the morning session with hong kong, as the standard chartered and south korea shit. hon. financial group trailing close behind, unraveling investor confidence across continents. since banking shares were hunted in both europe and new york that comes after credit suisse banks stock ponds rattled global markets with the swift central bank stepping in with a $53000000000.00 lifeline. versus credit suisse is biggest shareholder,

saudi national bank, so they wouldn't boost its share past the current level of just under 10 percent. not triggered to fall off 30 percent in credits, we shares. and so no cause, just as the cross financial markets, sparking a slope in major indices which comes hot on the heels of financial turmoil in the u . f. where the collapse of 2 major banks has sent ripples throughout the financial world ought to contribute to rachel marston. has more 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 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 he bass stocks temporarily halted earlier in the day as its value plunged. as did dot associates asian. it i'm could, yeah, i think her and germany's chorus bank, the ceo of global investment giant black rock, larry think, 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 these 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 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 i was seeking very bank, you snot exported or city couldn't very bank. so there is no links between the different situations. there is no specific concern on the fall to find some banks. now lament 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, christie le 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 gown 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, a limit 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 on some suit. if you guess the financial sanctions are formidable effectiveness and i want to leave no ambiguity on the european determination under subject to if you are going to wage a total economic and financial warren russia, it will therefore provoke the collapse 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 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 managed to just find to isolate itself from the u. s. banking system. 562, u. s. 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 he got itself into egged on by washington. and you have to wonder how many times that you has to learn . it's lesson the hard way before coming to its senses for its own sake. or

political analyst on journalist john verola says that western governments will try to solve the current crisis the same way they did back in 2008. i printed more money. this is what happened in 2008. 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 say the bank for printing printing, right? it was called q e a quantitative easing. it was basically printing a one trillion, 2 trillion dollars and sorry, i can't remember the exact figure, but they threw 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 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 for that isn't solve the problem that just 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 an apocalyptic conflict could be the consequence of the u. s. for shooting down a russian aircraft in international airspace. well that's according to the russian buster for the us. responding to comments from a republican senator a deliberate attack on russian aircraft neutral, asked pace 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 an 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 shot down. what would ronald reagan do right now? he would, they would start shooting russian planes down if they were threatening. our ass

says we use european command release the footage of the reapers encounter with the russian su 27 jet fighter. moscow has denied that the year ivy was intentionally taken down, according to russia's ministry defense, the drone loss control, as it's as a result of a risky maneuver. several top russian officials have already stated that the reap had no business in the vicinity of sev estoppel and the such recognizance operations are provocative. on these marina crossover has mall. the incident was caused by us actions that violated the flight restriction zone said by the russian federation. would 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 i 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 sad 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's saying that it looks like it was most likely an unintentional event. let's take a listen. 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, being 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 clicked the drones propeller, which is located in the rear. the drones controllers could do nothing but let it glide into the sea. rasa 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 weapon there were prepared. ah, but perhaps it was a russian as spokesperson, ah victory to scott who said at best, actually 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 as a sort of gail abroad mentioned 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. well, meanwhile, the ukrainian defense minister has been caught up in a food corruption scandal, apparently inflating. prices for some items threefold. let's, according to ukrainian member of parliaments, you slammed kit 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 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 with ties to the defense ministry. the minister was able to stay in office dismissing the allegations as false. there were so going ukrainian law make a claim. the situation hasn't improved and is demanding immediate action from the government. gives western allies have also lost out the ukraine for the money natal funding with corruption and bureaucracy. what the problem with this government is they, they, they,

it's 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. well, international attorney kline preston says the emergence of corruption allegations are no surprise to an indicator that in my view that the ukrainian government knows in, in leadership have lost competence in the outcome and the future of their country. and that's why they're gonna, they're gonna line their pockets, like they've been doing off of the u. s. a money this been going to prop up this regime from the united states. so a true, honest assessment of what this means is it spells disaster for ukraine because i think it's so the lack of confidence amongst those who are in charge and who have the most information about the true status of things in ukraine

. the government alexi resident 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 and not the southern russian city of rostock on dawn, where a fire has broken out and a building next to the nations federal security border services bureau, according to people that allow boss was heard before the fire broke out, the territory of the bureau has been damaged report. a fire broke out in the departments, warehouses were military, ammunition was stored with the mayor of the city sightseeing because of the fire. as a short circuit in wiring, lose the building may collapse. people have been evacuated,

medical stuff on site. there are no reports on casualties. and will keep you updated as and when we get more information. but governance corruption and poor distribution of goods. well, those are the reasons molly and have given for the law. why gratian flows from african countries was response documentation from the italian government. the russian private military group, wagner is behind, it's least margaret was we heard from some local people remark. it was for me, what pushes african to take the path of europe is the under development of different african states and the lack of work. we can't accuse rush on all these points. but sincerely, 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 politicians to put in place a strategy to better keep their children on their territory less after thank you. left african 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. as an example, we already have molly, where wagner soldiers fight against terrorists. i don't think it's because of russia, young african fleet for europe didn't start today. it's through the conflicts are one of the reasons what brings conflicts. it is bad governance and corruption for distribution of goods. all of these because now turns into conflicts that are undermining the. 1 development of the african continent that lives been battling a migration crisis for over 10 years since the start of the arab spring of 2022. the already more than 5000000 migrants in the country and 20000 more people have already arrived. since the thoughts of this year, over the weekend least, 73 micro sides trying to reach the coast of the southern region of calabria. however, it has shifted responsibility for the migration problems to the russian private

military group. the wagner group, which is the molly, the request of the country's government. according to bush's foreign ministry, we spoke with a pan african on a list from neighboring, but you know far so it says that all western attempts to blame. wagner only indicate that western involve in africa has failed. noisy, opposed to say, i think this statement is completely far fetched and answer if you will. they are looking for an excuse to explain their fail due to their inability to help their ally ukraine and to blame the wagner group for instigating the influx of migrants is simply insane. only the west is capable of such fabrication cooperation with other players. b, russia, china, or iran is very important in african countries which had very tangible failures and working with the western block can re orient themselves precisely towards it. 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 to dera, looking faster, which turned it back on the western block. only in january now has operational drones. there are being used to fight terrorists real results, reclaimed territories. that's what the alternative block is capable of. around 30 members of the nigerian minutes and grew boca, her arm had been killed by forces from neighboring neesha. that's why more than $900.00 of his followers, including women and children, have been detained as a result of accounts of tara operation. the groups violence against the giving of men had led to death of more than 40000 people. according to the un, the vast lake chant region shed by nigeria, nija, cameroon, and chart, isn't it? so yes, base for boca hallmark tibbets, which increase last month. the 4 countries sets up a multinational joint task force in 2015. the aim of defeating the group on promoting stability in the region became notorious around the world after the group

of doctor, more than $200.00 school girls, many of whom have still not returned home. local journalist, fruits, c b truce. things is more of the story. it's been a ph now since 2 on 76 cruise danielle speaking the edges of 1618 when kid loved by mcguire. i'm terrorist from yes. school in the state of bull. no . 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 the girls with that in order to write the final examinations without when 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 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 observed press, he'd be tied up and beaten and locked house for days. we will not allow to go out and were followed whenever we want to ease ourselves and bathe, because they feared we might run away. sometimes they rate us. i was married off to one of the fighters who's an assistant to 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 camp at 12 am in the morning. we spent days without food and water. some people saw us and took me to the security agents in new men 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 mother of one of the girls who are still missing. rachel, daniel says her lighthouse changed since her daughter was her doctor. 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 cleared with frances, to call on the nigerian government to rescue her daughter an order. girls who are still in the hands of the drug who the call comes up. the poor francis met with 2 girls who escaped from the g. hardest terrorist of the use of violence. when i, when, as i suffered from high blood pressure, i couldn't eat, i couldn't do anything, june. i was placed under medication till i got better. the army have been assuring me for a long time that they'll rescue her man. no, i'm not tired of waiting. when i, when i heard that the pope met some of the fried girls. i also wanted to be like

other mothers whose daughters were also rescued. i want the pope to please pray for my daughter, wherever she is. let her be released, whether she's dead or alive on it, please let the pope beg the nigerian government to do something the luncheon and minucci is intervention has. let's too many of the kid not goes rescued. 90 gates bills to not from the town of she walk in 2014, still remain me since most residents are wondering why the military has fields to rescue the remaining gills. the spread of the hush talks as part of the bring back our gas company was an attempt to put pressure on. didn't include a governmental to help recon gills bar. i'm booty, pixels how to use international may do giving you a state bowman spokesperson. net price claims that no countries played such a major role in america as america in building stability in the middle east. now,

despite washington having a long history of invading and helping couple governments in the region when it comes to our role in the region and, and whether as i've, as i've read our role maybe being supplanted, i'm some allege i have a difficult time wrapping my head around how our role could be supplanted when no country on earth has done more to help build a more stable, a more integrated region. the statement comes as china achieves a diplomatic breakthrough in the middle east helping broker a deal between iran and saudi arabia to resume diplomatic relations which have been on the rocks since the 1980s that the u. s. was not involved in the deal. western media outlets have expressed concerns that china may push the u. s. under interests out to the region. since its inception,

the united states has carried out almost $400.00 military operations. ringback in other countries, the same time a recent study has shown that us interventions are increasingly aimed at the middle east and africa. we spoke with john caviar who host of the whistleblowers who thinks that such frequent u. s. military interference has push nations closer to china. the funny thing is. a that the state department, the white house, the national security council, the pentagon, they all believe that they all believe that the us is the long term force for stability and for peace in the middle east. they don't want to talk about iraq. they don't want to talk about syria, they don't want to talk about libya or a little further field. they don't want to talk about afghanistan, pakistan, and iran. the truth of the matter is that the u. s. is being supplanted as the dominant authority in, in the middle east. the chinese do not as a matter of practice, invade other countries like united states does. there are occasional border

skirmishes with the indians, for example, with the vietnamese 2 generations ago. but the chinese just don't want and we invade other countries like the united states does. and so when other countries turn to china, as we saw with saudi arabia and iran last week, that is supreme really frustrating for the united states. because we always like to think that we reserve that wall for ourselves, and that's just not the way things are in the year 2023 in israel, people are continuing to protest against proposed judiciary government reform. south proposed the compromised by the nations president was rejected by the prime minister benjamin netanyahu. protesters have painted a red stripe on the streets, leading to the country supreme court on the streets of been rocked by violence. the process began in early january with the announcements of a new law that would restrict the rights of the country supreme court and strengthen authorities ability to interfere with the basic laws of israel.

president tried to reach consensus whereby no branch of government can appoint judges without the participation of another branch. it was rejected as being not agreed on by the coalition over to china now, which has reopened this board as for international travel, officially removing all pandemic related restrictions. reporting from the nations going down providence a c d t. and she was, brings a small china's gave has reopened to foreigners, of the 3 years of disruption from the cobra. 19 pandemic. it will go province. visa 3 entry has resumed the 4 tour groups of foreigners who leave or landing hong kong to macau. well, i think the policy is a good one because it, no foreigners from other countries can visit china and see what china has to offer . i can reconnect just my business partners, have been in china and gives me the opportunity to have face to face meetings and

discuss problems and future business opportunities with them, which i hadn't had the chance for almost 3 years now. the passenger flow is relatively low on the 1st day of presumption. and passengers sentiment is high in 2020 to 115700000 close by the trees were made in and out of china with foreigners only accounting for about 4500000. this was much lower than 2019. china's late in the move is expected to reverse the tide cloud with why you think the resumption of customs clearance, the inbound and outbound passenger flow at food. him port has continued to rise up to now there have been more than 4000000 inbound and outbound trips. and the day the average has reached 60000 trips where will strengthen the expedited customs clearance and improve the quality of service to actively promote the exchanges between chinese and foreigners, and ensure the smooth order of customs clearance at the port. now,

well known progress, i'm trying, i'm voicing the word with open arms 5 or some hard. those. * like high and i'm price is necessary limitations you to be cleared by other countries to both global economic and social ties. this is true off from 3 to 2 years. for our t's crossed in the guns republic, russian forces have showed ukrainian positions in renewed fighting as the russian army continues. it's offensive with tank jewels raging on the ground on drones even clashing in the skies. ortiz egan has done, of, has more. the soil here in the spring time dorm bass is very close to quicksand. parts of this forest is a complete not many vehicles can cross this terrain freely and safely tanks. sadly among those that can.