ah ah ah, the european central bank raises interest rates to with highest level since 2008. the global financial system is shaken by fed up another meltdown. israeli rate of the palestinian city option then report the leave at least 4 dead, including a teenage boy. and then the dismissive media report, they prepared to implement the western bank, the earl price count against moscow. as the asian countries import the food from russia reach new when called high ah,

11 pm here in moscow, and this is the international with the very latest world news updates. a warm welcome from all of our team here. our top story, despite pressure from the west, the russian economy, how they become challenges, artist turns to growth. that's the message from vladimir putin during a speech is an entrepreneurs union meeting in russia. now, with those complete series for kids who have managed to compensate for the actual closing of western markets to us and to expand russia's foreign trade context with nations in the worlds fastest growing regions. you know that in previous years before all these crisis and special operations, usually we were orienting ourselves and step by step ga, rapidly developing markets. anyway. today, a different situation has taken shape where it turns out that we were not doing this in vain. russell moreover that we were doing it at 11 slower pace that we should have those but this is fine too. we continue making strides. we what are the

as high inflation in here at the has the, its central bank raising interest rates by a half a percent bringing it to record level is not seen since the 2008 financial crisis. inflation is projected to remain too high foot too long. therefore, the governing council to day decided to increase the 3 key e. c. be interest rates by 50 basis points in line with our determination to ensure the timely return of inflation. 2 o 2 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 easy b optimistically figures that this new rate hike 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 bees projections for what grade height 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 in its 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 impose 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, can 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 which continue to wait for the collapse of the russian economy and try to convince themselves and our partners that it will happen. but 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 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, the gown sounds like someone who got divorced a year ago, but it's 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. well, this comes up on the hills, a financial turmoil in the us where the collapse of teenager banks has sent ripples throughout the financial world and shut down of silicon valley bank became the 2nd was such event in u. s. history. treasury secretary john it's yellen been grilled in congress over the crisis and tried to convince senators, but it's all under control. but some didn't buy it. does the president know personally any body who is dependent upon social security and their benefits are cut by 24 percent?

they will slide into poverty. it's hard for you to know a saw give your house from the president knows many people on social cigna. why doesn't the president care, he cares very detail where as his plan he stands ready to work with all law wrists 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. when john gillian came to the economy is sounds the u. s. federal reserve could be preparing to inject up to 2 trillion dollars into the banking system in a desperate effort to avoid a meltdown. that's according to analysts from a j. p. morgan chase. that prediction is based on the amounts of uninsured deposits that 6 us banks. the government is now point to potentially pump trillions of dollars into the economy under the bank term funding program,

which was set up earlier this month following the collapse of 3 major lenders, partition, american invest, mitchell fi, assign saves the move, could only lead to more inflation without actually addressing the root of the problem, the federal reserve is going to offer the banks who have $1000000000.00 worth of securities, treasury securities, 1.25 $1000000000.00 in cash. this is just extreme leverage and it will be highly inflationary and terrible for the economy there 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 the institution in 2018 because they didn't meet up to my standards. so silicon valley bank basically based all their lending decisions in their business decisions on d, i. and 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. the problem that they've created for themselves, the federal reserve is they printed and magic up hundreds of trillions of dollars in implicit guarantees. and to save and bail out, billionaires and bella, the banking system, has that helped. it hasn't help. what about f t x? 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. they're in a very, very awkward position right now. and there will be higher inflation because of this 2 trillion dollars. and because of this program, it's an insane program. it makes no sense whatsoever. will impact the consumers. yes, it will make things more difficult to purchase because all prices will go higher

energy prices because oil is trading artificially lower right now. when it trades much higher, it's going to be extremely problematic for most of america. and it, it will be impossible for consumers who are living hand to mouth to make ends me by tearing the financial slump of 2008 anti 1000. and 9 washington turned to china for support as that. and secretary of state, hillary kent and praise paintings, investments into the u. s. economy. it would not be in china's interest if we were unable to get our economy moving again. so by continuing to support american treasury instruments, the chinese are recognizing our interconnection. we are truly going to rise or fall together. we are in the same boat and thankfully we are rowing in the same direction. it's a good investment. it's a safe investment. even despite the economic challenges sweeping over the world, the united states has a well deserved financial stability, reputation. the share of the china is holding up. the us treasury actually has

dropped a little since $2000.00. their money was bad on, you know, equity indeed, for example, belin ro initiative now, especially after last year. ok with this ukraine. crime says that the world see that the fantasy of the us treasury has been the so called the safest asset into well, seems to be no longer true, especially when the us of things that you know, they could repeat its actions to washer, to other countries. they could freeze the only stuff the other countries are. and so now you're pushing china the so hard about starting a war about the situation in taiwan stream. so what, so china would have 2nd,

there's outrage in power. i saw the president mc chromes government bypass the parliamentary vote and implemented a controversial reform to raise the retirement age from 62 to 64. 0 no minute. oh, oh position and the move on democratic can boot the prime minister. she was making a speech, but bill was due to be put to a vote before lawmakers in the low house of parliament. but the premier implemented a constitutional article that allows to push through a reform without the approval. all then pays. the measure has not paid the way for a no confidence vote in the national assembly, which is reportedly expected to take place ah, the pension reform i spoke to months long protests, the crow throngs with many people calling on macaroni and his government to step

down. police officers have taken a heavy handed response to the demonstrations using tear gas tones against some of the protesters in cities, including powers, leon, and not to palestine. now we're at least 4 people, including a teenage boy, have reportedly been killed in an israeli rate on the occupied westbank city of jan in ortiz, middle east correspondence, maria phenomena has the details. the idea says that earlier on says a special forces tracks and killed to one to men who were believed to be involved in significance, terrorist activity, and one of them introduced an explosive. it cause you're in yet another mill through rate, in the city of jeanine, in the north all the way through white west bank that is believed to be the heart of palestine and resistance. the idea of statements says that both men were neutralized while they were armed. apparently the 2 gunmen belonged to local branches, all islamic jihad and 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 escalate to the old from the west bank and use railey government was sworn in late december. the most far right in the country's history . that chose a very hard line regarding the palestine affairs. there was an increased number of arrests and killing sent military rage. all the israeli army intensify to ever seeing, according to reports more than a to 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 secretion escalated again last week dramatically after

these railey forces killed 6 palestinians again in june, including those israel claimed responsible for how was shooting but took the lives of 2 is railey brothers. as you remember that the attack provoked unprecedented pogroms all 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 this attack between to raise it, but it is determined to pounds it carries the international community. i have to say has been very much alarmed recently by a circle of violence on the ground calling on both sides to come down. we can see potentially have been only writing what we discussed, the developments with the head of the palestinian national initiative, who sees the international community needs to. now what we've seen today is another

massacre. this is the master on the conduct in 1000000032 by 2 years 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 shall act on, which is but i think it comes to me and enforcing the slave went on them. what kind of been very dangerous, especially that happened while the other countries i've been very me think to me yes, i believe is using these meetings only as a cover for crimes. what happened is really making 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 and massacre again. people are poets that india is what he's joined. the g 7 block in imposing a price cap on russian oil. nothing more than misinformation. that's according to most goes back to new delhi, as well as a source from within the indian oil ministry, which reuters science and saying india is not obliged to follow western policy. but by turning it back on energy sanctions, new delhi has achieved a boost in oil imports from moscow, which in january this year hit a record high of $1700000.00 bowels per day. russia, the 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 worldwide 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. the price cap on russian oil was imposed last year by g. 7 members, on the e you setting the limit is $60.00 per barrel. according to washington, brussels is now considering to lower the limit to $55.00. oscar responded by bonding 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 as speculation. so i'm extremely uncomfortable talking about reports that maybe that 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 and we repeatedly made it clear that our approach will be guided by out energy security. i meant to heard this many times and i think that continues to be valid. let's think that case study of india and india was buying and continued 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 from russia. and now we're at about $35.00 posted initially, the west, the us and you ought to be kind of ignored what didn't bring because they were too busy with your up and what it was, it was because it was with respect to russia. but later on, when the started realizing that india's buying and buying in larger numbers, it actually, i think it struck them and it's like nothing blind. i think it's unplanned, you know, still which happen that the, the energy needs of your, of are not being fulfilled via india, especially the fine 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 all have relates with respect to india, that this is looking to be a good mac alazam for your to say that they're not buying, you know,

the refined products from russia inside the gap on the fine furnace also love where they're buying the refined products which india is fighting from the cool ship. so they're getting to have their cake also in a way and still claiming that they are, you know, a lot of europe is use not buying from russia. the u. s. government has charged a new york based chinese business man with $1000000000.00 fraud and money laundry. apparently, a manhattan federal court war when way pleaded not guilty, but has been detained without fail. cool is a former real estate developer in china where he became one of the countries which is people. however, he grew into a 5th critic of the communist party and fled the country and 2014. it was granted political asylum in the us in 2017 off the claiming he was persecuted by beijing. us, prosecutors now say he loaded money in the country through a network of n g o's. american authorities have faced more than $600000000.00. of course assets

from 21 different bank accounts. he's caleb moore, pen investigate. well go, one way has been arrested and the allegation that he's being held without bail ending these charges is that he perpetrated a fraud for roughly a $1000000000.00. now china has called him a fraudsters since 2017. the chinese government issued an arrest warrant. the inner poll put out a red notice on him, and he's been considered to be a fraudster and a 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 and he's been for trade in american media has some kind of hero and chinese dissident speaking up against fusion pang. now gowen gray has been using

his social media platform from the united states to raise a lot of money. and he's been bashing the chinese communist party calling out and condemning and accusing the chinese government of all kinds of things. and then using that platform to raise money. now the allegation is that he funneled lots of the money that he raised into personal accounts that he was claiming he was going to start a crypto currency. he was going to start a citizen journalism company i. he had many business endeavors that he was raising money. busy for the allegation is that in reality he was simply funneling all of this into his personal accounts, living a life of luxury spending and on yachts and other personal personal luxurious enjoyments. now, at this point that he has been arrested and many are wondering if this is an example of blighting bias in american media. now it is u. s. officials who seem to be confirming and now charging him what the very kinds of crimes,

the chinese government accused him of committing. and it seems like the u. s. officials were looking the other way and i bring up for his fraudulent criminal nature when they saw him as a useful propagandist against the chinese government. and it shows that us officials have a, have a kind of interest than willingness to overlook certain criminal activities. if it's served geopolitical, and the reason a rep seems to reveal a level of hypocrisy, it's worth noting that gallon gray at one point was, was on flights with tony blair, he was part of the mar largo club with donald trump and that he received kind of a hero's welcome and special treatment for us officials. despite it now being pointed out by us officials, he's facing very serious charges of being a fraudster political financial analyst. angelo juliano told us that the us is no stranger to taken in corrupt florida's who opposed that governance. usually those

oligarch that actually leave the country and take refuse in the us. they, a lot of them are vague, corrupt, and they are protected by the us. as long as the work for regime change at home, he was a taller in exchange, should be protected by the us. now, keep in mind that those people are disposable. now he's being, you know, the, the took him because, because the embezzlement he did in china, you repeated them in the us. and here's the wrong life. if he was an i lay of by then you can be sure that you wouldn't be in jail now divided in conquest. in the case of chinese about containing china being as much chaos as possible, weaponized once issue. so this is nothing new. again, there is no limit to what do us government can do for is the national agenda,

which is which is imperialistic agenda. it's not. national agenda has a monstrous stance. how the russian orthodox church patriarch reacted to ukrainian authorities order the monk should leave kiev perchance monastery. one of the orthodox faith, most sacred sites. ukrainian authorities have given an ultimatum that the monks could stay in the shrine if they left the clergy and switched to the breakaway orthodox church of ukraine or leave. russia has called on the united nations to assess key of sanctions with the un chief press. secretary responding that the organization has limited information on the case while russia's firm and history spokeswoman criticized the u. n's, lack of action. if you can't give a comment after a direct appeal from the monks to the international community made in several languages, dance, deform, admit to being biased and do not put this on the united nations. that it's a complete loss of credibility or a political olga to regularly claim that you don't know anything about what is

happening in ukraine when you boast regularly visit sky of the last time. as recently as of march causes distrust in the us and it's secretariat. the very reverend dark, i wrist off. joe, go a professor of theology at the university and eastern. sorry. as i say, it's not a key of interest to preserve the safety of the russian orthodox religious community mortgage dreams of persecution of month from there. my x rays are taking place, so it's, it's a situation in which i don't believe that ukraine is not going to do anything. busy busy getting to the international law and the, according to the un chapter of human rights are decades of, of constant persecution against the ukrainian or the church. but since march of the veteran countries and officials perceive the grain or so share of the part of the russian orthodox church and says your is right. so for the i

was a common sense among the best from a lease right now. i must say, i would, i would not be surprised if we do not think i'm a phase. i don't think that they are going to even hear up the monks and the cause for religious tries to be preserved, today's ukraine. meanwhile, ukraine will receive a full refund. we had made make at 295 jose from poland within the next few days. that's according to the polish president who added that more planes are on the 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 of being prepared and serviced the make. 29 is a soviet era jet, still operated by several eastern european countries, including poland, the jets excel. it's area combats, but can also be used to drop bombs on the ground. poland has previously said it

wants to replace it. fleet of make 29th, with new fighters from nato partners from the us marine john mark didn't say such war planes have a limited impact on the battlefield. 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 s 300 s 400 systems. and it's really, you know, render these aircraft. i mean moot, a paris court has given to french journalist so one year suspended prison sentence

for black mailing, morocco's king, eric liberal, and catherine, grassy a have been fined to. i've also been fined rather 10000 years age. the case started back in 2015 when the journalist reported he met with the king, mohammed's lawyer to inform him about an upcoming book, titled the predatory 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 of paris. criminal court concluded that the 2 did quote, exec pressure subsequently finding them guilty, economy and policy consultant. a mean a you from morocco says the monarchs. reputation cannot be undermined at home the market monarch who is not so worried to keep your insider off by mark the morocco. the market model is the fuson monarchy, where the grace before from the moroccan citizens and people in

the throne. majesty, i'm a big lover, spread headed, a lot of reforms and obviously restructure was and also he has a formidable for in the pharmacy regional. and as you can see in the, in the last spring that we think a lot about this respect with africa, where most of them were actually co on my bike. so, we have, have the same way of colonialism, andrew, and they're made in africa. and thanks for joining us. hey, anata international, we always appreciate your company. well, the back of the top of the out with the very latest. ah.

so 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 very dramatic development. only personally and getting to resist. i don't see how that strategy will be successful, very critical of time. time to sit down and talk who is the aggressor today? i'm authorizing the additional strong sanctions today. russia is the country with the most sanctions imposed against it. a number that's constantly growing a list. of course, when you're, as we speak on when you're sitting in the morning or wish you were banding all in ports of russian oil and gas news, i say we're suffering the price.