a most of them want to miss home is still foolish that are in your sewerage, no secrets. the girl whose ah, you are paying central bank raises the interest rates to a higher level since 2008. the global financial system is shaken by faith of another meltdown is ready rate on the palestinian city on june in report to be leave at least 4 dead, including a teenage boy on the smithy, media report. the dates prepared to implement the west of the oil price cap against moscow as the asian countries in ports of crude, from russia, breach new record time ah,

10 pm here in moscow. and this is asi international with the very latest world news update. very welcome from all of our team, our top story, their sour, despite pressure from the west. the russian economy has overcome challenges and does turns to growth. that's the message from vladimir putin during a speech at an entrepreneurs union meeting in russia. now with those computer h, battista, we have managed to compensate for the actual closing of western markets to us and to expand rushes, foreign trade contacts with nations in the worlds fastest growing regions. you know that in previous years, before all these crisis and special operations, we were orienting ourselves step by step towards rapidly developing markets anyway . today, a different situation has taken shape where it turns out that we were not doing this and vague. moreover, we were doing it at 11 slower pace that we should have those, but this is fine. true. we continue making strides. we're with us as high inflation

in europe. has a central bank raising interest rates paid by half a percent, bringing it to reco levels. no seen since the 2 at the 2008 financial crisis. inflation is projected to remain too high, put too long. therefore, the governing council to day decided to increase the 3 key e. c. b interest rates by 50 basis points. in line with our determination to ensure the timely return of inflation. 202 percent medium term target. i think that the banking sector is currently in a much, much stronger position than where it was back in 2008, even with this new half a percentage rate hike with sacrifices economic growth to break rising inflation. it doesn't even look like there's going to be that much relief this year for europeans. the current overall inflation rate was 8.5 percent last month. and the

e. c. b optimistically figures that this new rate height will bring it down to 5.3 percent in 2023. so this year and maybe 2.9 percent in 2024 maybe. but of course, all of this could be thrown right out the window by the big elephant in the room right now, which is of course, what law got downplayed as quote, financial market tensions. the easy these projections for white rate hike would be required to bring inflation down to the levels they're projecting here. did not take into account recent events that sent european bank stocks tumbling this week. as a result of new us bank failure, sending shock waves across the atlantic to europe. maybe they should have taken an extra day or 2 to work that into their projections. instead of acting like school kids who couldn't be bothered to update their assignment before presentation day, instead like out basically just avoided addressing it altogether. what she did want to get in, as per usual, however, was a job at russia. she said, quote,

russia's unjustified war against you, praying and it's people continues to be a significant downside risk to the economy and could again push up the cost of energy and food. now, europe has had a whole year to adapt to the economic damage that it, imposed on itself by cutting itself off from energy coming from russia. compare law gallons, attempt to blame, shift to russian president vladimir putin economic management. and thus, despite contending with a whole mountain of western economic sanctions, and usually they would meet with you on the yield of the projected level of inflation at the end of march. is of course lower than that of bureaus on countries guess that which continued to wait for the collapse of the russian economy and try to convince themselves and our partners that it will happen that let's recall the words of a famous american writer who said the reports of my death are greatly exaggerated that apply store economy protein isn't just looking at this mountain of sanctions a going all man that's a lot lighting the economy slide,

using them as an excuse while to shrugging it off and blaming someone else. he's taking the bull by the horns, but meanwhile, a gout sounds like someone who got divorced a year ago, but is still complaining about their acts. at some point, it's entirely a you problem. and you can't he blame your former partner for the rest of your life or failing to get your act together. and that includes rising to the occasion in times of adversity, which obviously the e. c b is having a hard time doing right now. this comes out on the heels of financial turmoil in the us where the collapse of 2 major banks ripples throughout the financial world. the shut down of silicon valley bank became the 2nd was such event in u. s. history. treasury secretary john ellen's been grilled in congress over the crisis and tried to convince son it says that it's all under control. but some on spying it. does the president know personally anybody who is dependent upon social security and if their benefits are cut by 24 percent?

they will slide into poverty. it's hard for you to know. so i'll give you a house in that resident knows many people on social skills. why doesn't the president care, he cares very deep, whereas his plan, he stands ready to work with all law rest because on a bipartisan group of senators has repeatedly requested to meet with him about social so that somebody who is a current beneficiary will not see her benefits cut by 24 percent. we have not heard anything on our request phones. now, one of those outrage in power, i saw the president microns government bypass the parliamentary vote and implemented a controversial reform to raise the retirement age from 62 to 64 opposition m p that slams the move as on democratic and boot, the prime minister. she was making his speech. the bill was due to be put to a vote before lawmakers in the lower house of parliament. but the premier

implemented the constitutional article that allows to push through a reform without the approval of m. p. 's. the measure has now passed away for a no confidence vote in the national assembly, which is reportedly expected to take place in the pension reform has part months long protest strong's with many people calling on the kron government to step down. police officers have been, have taken a heavy handed response to the demonstration using k gas and baton. again, the protest is in 15, including powerfully on and on let's go to palestine. now we're at least 4 people, including a teenage boy, half reportedly being killed in an israeli rate, only occupied westbank city option in the middle east correspondence movie f, a. notional has the house. the idea says that earlier on says

a special forces tracks and pills to one to the men who were believed to be involved in significance, terrorist activity, and one of them introduce and explosive. because you're in yet another mill through rate, in the city of jeanine in the north. although through far west bank that is believed to be the heart of palestinian resistance. the idea of statements says that both men were neutralized while they were armed. apparently the 2 gunmen belonged to local branches, all is wanting to harden hammers. milton groups the spokesmen of both of these organizations, reacted already calling this killing a crime and threatening with revenge. the idea of statement also mentions another victim. a young palestinian man was killed on the spot while apparently trying to attack these rally forces with a heavy hammer. the palestinian health ministry says that he was a 16 year old boy. there was also an exchange of fire between these railey forces on the ground. the tensions escalated old from the west banks thing use railey government was sworn in late december. the most far right in the countries piece to

really chose a very hard line regarding the palestine affairs. there was an increased number of arrests and healing centers mil to rage, all the israeli army intensify to ever seen according to reports more than 80 palestinians have been killed by israeli forces since the beginning of this year. most of whom were identified by israel as terrorists, but they were also civilians. among them, the situation escalated again last week, dramatically helped through these railey forces, killed 6 palestinians, again in june, including those israel claimed responsible for how was shooting, but took the lives of 2 israeli brothers. as you remember that the attack provoked unprecedented pogroms of power and other palestinian villages and towns in the area by israeli settlers. then one palestinian man was killed and dozens of homes, cars were burned. israeli authorities then did not announce any arrest or

prosecution of those responsible for these attacks between to raise it, but it is determined to counter tear raise the international community. i have to say has been very much alarmed recently by a circle of violence on the ground holding on both sides to come down. but as we can see, potentially have been only rising. and we discussed the developments with the head of the palestinian national initiative, who stays the international community needs to act. now what we've seen today is another massacre. this is the master on the conduct in binion 32 by 2 degrees before that there were 2 other goods in janine nablus. what happened today that the 4 people including her child and this is what we should act on, which is, but i think it's going to suppress policy and enforcing the slave went on them.

what had been very dangerous, especially that happened while the other countries i've been waiting for a meeting to miss. yes, i believe is using these meetings on the other covered words. crimes, what happens is really making calls very angry, especially after the killing of these 4 young people. and what we need is really strong international action to enforce forces, to stop these aggregations on massacre again in people repose that india is ready to join the g 7, blocking, imposing a price count on russian oil. nothing more than misinformation. as according to most goes ambassador to new delhi, as well as a source from within the indian oil industry, which voice a science and saying india is not obliged to follow western policy by tony. it's

back on energy sanctions. new delhi has a chief, a boost in oil imports from moscow, which in january this year has a record high of $1700000.00 barrels per day. rushes exports of oil to india have jumped from less than one percent to a quarter of all supplies compared to march of last year. according to the us treasury, department, western sanctions have had little to no effect on the world wide trade of russian oil about 75 percent of the trade of russian seaborne oil occurs outside of the price cap. that means no western services are involved in the transaction, and therefore, these trades do not violate, or vate sanctions, or the price cap on russian oil with impose last year by g 7. members, on the e, you setting the limits at $60.00 per barrel. according to washington, brussels is now considering to lower the limit to $55.00. moscow responded by the filing oil sales to any country that follows the restriction. the indian foreign

ministry spokes person has dismissed the reports that india is joining western sanctions a speculation. so i'm assuming i'm comfortable talking about reports that maybe there, i don't know which of what you're referring to. so let me just clarify. i don't want to comment on speculative media reports. we repeatedly made it clear that our approach will be guided by our energy security. i meant to heard this many times and i think that continues to be valid. let's take that case study of india. and india was buying and new buying and in fact started growing the amount we will buying before the war. i think we will buy hardly one posts or last year beginning and now we're at about 35 percent. initially, the rest of the us and you ought to be kind of ignored what and be doing because a little too busy with your up and what we'll do, we'll figure the most with respect to russia. but later on, when this started realizing that india is buying and buying in larger numbers, it actually, i think it struck them, and it's like nothing planned. i think it's unplug unplanned, you know, still,

which happen that be the energy needs of your, of our know, been full film via india, especially that applying products, the diesels. ok, the petro supposing this diesel was taken off the market, right? the market, the market for diesel would have gone somewhere else. so now the us and we have relates to india that this is looking to be, but that's a good a mate, gather them for your to say that they're not buying, you know, the refined products from russia inside the gap on the find 1st also now they're buying the refined products, which india is fighting from the last year. so they've getting to have their cake also in a way and still claiming that they are, you know, a lot of europe is if he's not buying from russia to french journalists, eric la ron. and katherine gracie, i have received a one year suspended prison sentence sunday, $10000.00 bureau,

fine for black mailing moroccan king mohammed the 6th. but the case started back in 2015. when the journalist reportedly met with the leaders lawyer to inform him about a book titled, the predator king, the journalists then demanded 2000000 euros in exchange for not publishing it. some media report say the attorney recorded the conversation and later submitted it as evidence. now, paris criminal court concluded that the 2 did quote, exec pressure subsequently finding them guilty. let's discuss this without yes, now let's close the economy on policy consultant, a mean a you joining us from morocco? many thanks for joining us this evening. it's good to see you. so what do you make of the case? when do you think that the punishment fit the crime here? i think the very low for those who during was blackmailing took place. second 15. the recording was not actually the single

bible defenders. lawyers and there i for the record and where the 2 journals tried to ask for a 2000000 euros. who stopped publishing on the book. marco, do you think that they face anything about france? his attitude towards african nations were saying the law. this was where most of them, where recall on my bike. so you know, have the same way of colonialism and they're made in africa and see. but as the defendants lawyers, they've already appealed the course decision. do you think that the this might be

over time for them? well i don't think so. refer back to me. the recording was actually accepted, as evidenced by the course of cuts off know fast as i think the ruling doesn't have any more ever been to actually bring them to the court to the front. but i don't think the low details have been released about facebook mentioned in the black. now do you think it's possible that i may still be released while even both my ring never know the market. one is not worried about care of any critique inside or outside morocco, morocco, the marks in the monarchy, the monarchy, with a great support from the moroccan citizens. and people says,

phone message, love a spread, has a lot of reforms, flipping phenomena restructure was. and also you heard of a formidable for in the pharmacy room. and as you can see, morocco after the friends, morocco, the mark and monarch is not actually worried about any book. really appreciate your insight into the nasa. thank you for joining us on the program. i mean, you'd be talking to me and policy consultant joining his line from the rock. i thank now the us government has a charge to a new base chinese businessman with a $1000000000.00 fraud and money laundering, appearing in manhattan federal court when grey pleaded not guilty, but has been detained without baled school, is

a former real estate developer in china where he became one of the countries which is people. however, he grew into a fierce critic of the communist party and fled the country and 2014. it was granted political asylum in the us in 2017 off there came and he was persecuted by beijing. us, prosecutors now say he wanted money in the country through a network of n g o is american authors. he sees more than $600000000.00 of close assets from a $21.00 different bank accounts. he's caleb morgan investigates well, go one way has been arrested and the allegation that he's being held without dale ending these charges is that he perpetrated a fraud for roughly a $1000000000.00. now, china has called him a broad stir since 2017. the chinese government issued an arrest warrant the inner pull, put out a red, noticed on him. he's been considered to be a fraud or financial criminal by the chinese government for a long time. however,

the united states gave him asylum in 2017, and he was described by his lawyer as a whistleblower. he's used his social media platforms to criticize the chinese government. you've been for trade in american media as some kind of hero and chinese, just speeding up against fusion paying now gallon gray has been using his social media platform from the united states to raise a lot of money. and he's been battling the chinese communist party calling out and condemning and accusing the chinese government, all kinds of things and then using that platform to raise money. now the allegation is that he sign up lots of the money that he raised into personal account that he was claiming he was going to start a crypto currency. he was going to start a citizen journalism company. he had many business endeavors that he was raising money for. busy the allegation is that in reality, he was simply funneling all of this into his personal accounts, living

a life of luxury spending on yachts and other personal personal luxury as enjoyments. now, at this point, he has been arrested and many are wondering if this is an example of light bias, an american media. now it is u. s. official to seem to be confirming and now charging him with the very kinds of crimes. the chinese government accused him of committing and it seems like us officials were looking the other way and covering up for his fraudulent criminal nature when they saw him as a useful propagandist against the chinese government. and it shows that the us officials have a, have a kind of interest than willingness to overlook certain criminal activities if it's 3rd geopolitical and the recent arrest seems to reveal a level of hypocrisy. it's worth noting that gallon gray at one point. busy was was on flights with tony blair was part of the mar largo club with donald trump,

and that he received kind of a heroes welcome and special treatment for us official. despite it now being pointed out by us officials, he's facing very serious charges of being a fraudster. meanwhile, ukraine will receive for soviet made fight a judge from poland within the next few days. and as, according to the polish president who added that more planes are on their way. firstly, literally within the next few days, we will hand over as far as i remember, for aircraft to ukraine in full walk in order. the rest are being prepared and serviced. that makes $29.00 is a soviet era jet, still operated by several eastern european countries, including poland, the jets excel at arrow combat, but can also be used to drop bombs on the ground. poland has previously said it wants to replace its feet of make 20 nines with new fighters from nato partners from the us marine john mark. so you can say such war plains have

a limited impact on the battlefields. 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 nato aircraft. look, i'm not saying that to make the batter plans fantastic. except for the fact that russia has such incredible ground to air missile capabilities, systems like the f 300, s 400 systems. and it's really gonna render these aircraft. i mean, move the u. s. federal reserve could be preparing to inject up to 2 trillion dollars into the countries banking system and a desperate effort to avoid a meltdown. that's according to our list from j. p. morgan chase. their prediction

is based on the amount of uninsured deposits that 6 us banks. the government is now poised to potentially pump trillions of dollars into the economy under the bank term funding program, which was early this month following the collapse of 3 major lenders as good life now to british american invest, mitchell, fire sign money. thanks for joining us on the program this evening at festival look kind of what else can you tell there's really about this bang term funding program and, and how effective could it actually be? well, the bt f p they, they cracked this one up. they came up with it. i think last sunday when they had problems with silicon valley bank. i mean, this is a long term problem, but this is quantitative easing just like jerome paul said, a month ago or, or even a year ago he said this is not a q e program. this is another q e program. it's q infinity quantitative easing started during the great financial crisis in 2008, and it never really stopped. yes. what they're doing is that they're the federal

reserve is going to offer the banks who have $1000000000.00 worth of securities. treasury securities, $1250000000.00 in cash. this is just extreme leverage and it will be highly inflationary and terrible for the economy. now as far as the banks solvency . look, silicon valley bank was the woke bank. we had, i had dealings personally with them and i didn't find any of their senior people that i dealt with competent at all whatsoever. and in fact, we pulled our money out of that institution in 2018 because they didn't meet up to my standards. so silicon valley bank basically based all their lending decisions and their business decisions on d, i in which is diversity, equity and inclusion. and e s g, which is environmental, social justice and governance. and so the, the problem with doing that is you put all the business aspects aside. they had no

quantifiable risk manager for nearly a year. and then the person that they hired as the risk managers thoroughly incompetent. so you know, you, you report you so i mean, when you hire people and have them make the business decisions based upon social justice and other airy, fairy type of policies that don't have anything to do with whether a company makes profits or losses. then you're going to end up in solvent. now, billing them out. you didn't have bell outs ever. and i think that that is one of the big problems in the book i wrote about the credit crisis. i said that banks that are too big to fail, too big to fail, or bell, or jail are too big to exist. so the, the problem that they've created for themselves, the federal reserve is they've printed and magic up hundreds of trillions of dollars in implicit guarantees. and to save and bail out billionaires and bail out the banking system. has that helped it hasn't helped. and you just gave an example

i, i didn't even hear about the story in new york about the chinese businessman who was arrested for a 1000000000 dollar fraud. well, what about f t x? the 10000000000. he stole $10000000000.00 and customer funds. and he was out on bail, but i guess that has nothing to do with him being the biggest contributor to the democratic party, the 2020 election cycle. so yes, we have a dual justice system and we have problems with the banking and financial sector. but the problems of the banking and the financial sector come down to a woman named janet yellen, who was the federal reserve chairman. she was in the federal reserve system for 20 years, and her policies caused the train wreck that we're in today. and she got promoted up to the treasury, so i'm sorry to interrupt. think that those i speculation that the federal reserve will skip an interest rate hike next week in order to stabilize the banking sex that was, will take on that. okay, well, so they can do whatever they want,

but inflations 20 percent and they can lie and tell people it's 10 percent, but this is highly inflationary. what they're doing with this new program to add liquidity to the treasury bonds, it places it places the federal reserve in double jeopardy, because of course, they don't look at their balance sheet and they need to raise interest rates to contain inflation. they claim that inflation is a 2 percent target and it's, it's well over probably 30 percent food inflation is probably close to 15 percent, and other inflation is closer to 20 percent. they need to control inflation. they've lost control of the markets, and this will cascade and spiral into something that they can't control. and i'm afraid that they have know the back themselves into the corner. this is their own doing by printing money for far too long and having negative interest rates. thank you so much for joining us on a programming setting, some light on the on the matter where the appreciated british american invest at mich feinstein, thank you very much, but i thank you for joining us. they are naughty international, plenty more updates to be found on our website, our team, doug. com as always,

will be back in 30 minutes with more delays. ah, 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 offensive, very dramatic development. only personally and going to resist are those. see how that strategy will be successful? very critical time time to sit down and talk the for the business. and you agree in the daily

shoes? i mean it comes green. when you do it, you lose. you got to really just touch up, create the ceiling and provide you with such a circle. opposite of the different sit unemployed, shelf. motion. we're really thrown with them. probably, and you're still there actually, she was here yesterday, she was slow at the system that was corrected almost shirts and lots of kids. yellow slates, new petunia message and not just the gillian used to it. and it was ellis to new spring. my at that which lays because storms, apparently the initial don't use people include, reflects the way the vision when when you somebody else and you and i wish you got to get to.