the on the go also there for, you know, being more effective in resolving issue for the shopping piece with ah, to of said sir linds biggest banks u. b. s. and credits waste are reportedly considering a merger as a banking collapse in the u. s. has impacted global financial markets, a nation that would prevent a visual relationship with across investments. successful saudi arabia confirms it could very quickly start investing in iran, falling a deal brokered by china between the 2 former rivals aiming to restore their diplomatic relations. chinese president gigi, paying except for his 1st foreign visit, following his re election with moscow as the destination. it signifies

a new era of strengthen relations between china and neighboring russia. ah, good afternoon for martine, are national studios in moscow, and welcome to the, our end week. stop stories world wide. i'm fear. eliza bell, russian president vladimir putin has made a surprise visit to mary. you both in the done yet for public. so the russian president drove around the port city on the as of see to look at major reconstruction projects. it was his 1st visit since the city was liberated from calves forces last spring. russia considers the don, yes, republic as its territory, following a referendum in the region. president putin was accompanied by russia's deputy prime minister in charge of regional development, as he visited several parts of the city to inspect the progress of the restoration . that includes the construction of new residential districts with housing and

utility infrastructure. the deputy prime minister informed president boone about the ukrainian armies, ruthless destruction of the city them women bully, it's admittedly visible. what the crane and armed forces. d here. when we were advancing, we didn't hit anything, but they were firing from tanks, directly, hidden residential buildings that just destroyed everything, even when there was no reason to do so. they still heat everything inside. they even put land mines and corpses. refugees lived here. i saw this with my own eyes. they performed operations in one room and in another. there were sick people. other people were living in a 3rd room. there were land mines in the medical equipment in the hospital. so cold nazis. normal people would not have done this one. previously, president poon also held at meeting at a command post for the special military operation in the nearby russian city of ross found on the kremlin, said the russian leader heard reports from the chief of the general staff of the

armed forces, as well as a number of other members of the military's top brass, the global financial system is shaken by the fall out from silicon valley bank. now to us that are linds largest banks, credit suisse, and u. b. s. are reportedly considering a merger that could be a catalyst for an overhaul of the global financial system. a sharp drop in credits with shares this week raised further concerns across european financial markets with a slump and major indexes. the banking sector was down by 13 percent. this week, as spiraling fears dragged down, the biggest banks across the board strategist at goldman sachs, predicted the sector would remain under pressure unless a more forceful policy response is administered. yes, mark is are also power in through the crisis with banks being propped up with

another $100000000000.00 bail out by the federal reserve, the treasury and other financial institutions. he recent study said that more than $180.00 us banks are in danger of collapse due to uninsured deposits, while the government's cash has helped prevent a complete meltdown. the fed failure to disclose all the banks receiving the aid has caused rumors to several many market watchers have express fears of a possible reemergence of the 2008 financial crash. amid the concerns about another potential financial crisis article responded kayla mop and examines the current upheaval of the us banking industry. the u. s. financial system has been shaken up pretty badly with news of bank failures splashing across the headlines this week. this is the biggest failure since 2008. it's actually the 2nd biggest failure ever since washington mutual in september of 2008. meanwhile signature bank

march. the 3rd largest bank failure in u. s. history capital over it is now announcing their intent to wind down their operations and voluntarily liquidate silver gate bank. this was a week of bank runs starting out with the collapse of silver gate bank followed by s v p, and signature banks. caving in this cause lots of market turmoil. 3 banks went down one right after another, and this caused haneke among investors and depositors. the u. s. financial institutions saw their stocks plummeting. u. s. officials are trying to reassure the public that their deposits are save. extra liquidity is being provided to banks in order to keep them afloat. joe biden woke up early monday morning to make a speech and give everyone a lesson on the laws of capitalism. depositors will have access to all of them on is starting monday. march 13,

no losses associated with the resolution of silicon valley bank will be borne by the taxpayer. finally, the federal reserve board on sunday announced it will make available additional funding to legible deposit or institutions to help show banks have the ability to meet the needs of all the depositors. investors in the banks will not be protected knowingly took a risk, and when the risk didn't pay off, investors lose their money. that's how capitalism works. i repeat that no losses will be borne by tax payers. instead, the money will come from the fees. a banks pay and the deposit insurance funds. so how is all of this going to play out? here's what we've seen so far. the banks that were left cash strapped have now borrowed $300000000000.00 from the bad. almost half of that money went to holding companies for silicon valley bank and signature to the bank that just collapsed and caused panic on the market. an additional $153000000000.00 was borrowed from the

federal reserve last week. this comes through a program called the discount window. this allows the banks to borrow for up to 90 days. now typically the program only provides $4.00 to $5000000000.00. but last week, broke records. more money has been given out than ever in the history of the program . the numbers have already surpassed the 2008 crash. so now the fed is back to printing money, providing banks with additional liquidity. but the federal reserve is also continuing its fight against inflation. and this is going to make that much more complicated. it's a fragile balance between curbing the problem of inflation and propping up the financial systems. now the problem with this bank is they had over $250000000000.00 on their balance sheet. so they'd actually lend out $249000000000.00. that doesn't really leave that much of a cushion, right?

that say if something happens. so what happens the u. s. high interest rates as we've covered a lot on the program. and that obviously makes the debt that they're holding on their balance sheet, which was a lot of it within us government bonds and worth less. so this is really key point you talking about the interest rates for the rest of the key and critical point. yeah. yeah. so as those interest rates rocketed the, the debt that they have, they have lent to the u. s. government becomes less. right, so that left this bank with a deficit on their balance sheet of about a $1000000000.00. now once that happened, the bank bid exactly what the guidelines say. i would say the ceo acts the same way . he said, well, i need to go and raise that $1000000000.00 now to make sure that my bank is in the block now will happen when he did that, that spooked a huge amount of people. a lot of money in the bank companies, mainly who then there was a what, what we could run on the bank. so about $13000000000.00 which was withdrawn from the bank reading. and at that point the bank was totally broke. right? so then the regulates and the government have to step in and take over. europe is

now feeling the aftershocks credit suisse took a tumble, and the swiss central bank stepped in to give them a lifeline. financial world is now holding its breath, waiting to see who is next. caleb martin art see new york banking and finance. professor richard werner says that simply throwing money at the problem will not salvage the economy. they say that high rates will give us the price stability. and by continuing to expand quantitative lee and in j more money, this upholding the financial system will really it's the other way around. i mean, they should, they should not raise interest rates, but tighten, then you don't have inflation. gomez will always say everything is fine. this is going from grapes to even greater. so we have to be very skeptical of that, particularly when government impose policies on the economies that can only cripple

the economy. and also europe imposing sanctions on russia, stopping the importation of necessary energy, cost effective energy from russia, that russia as always, to limit. and so if you're in to live it reliably 0, just suddenly stopping that, what's, what you're going to get going to get weak economic performance, recession supplies on problems. that's what we're seeing worldwide in certainly particular in europe and also to the service and in north america react says it's ready to invest in the iranian economy, falling the chinese brokered agreement to restore diplomatic relations between saudi arabia and turan. how quickly in your mind, do you think we're going to see sadie arabia making significant investments and vice versa? i would say very quickly, iran is so of never and have been and would continue to be for hundreds of

years. so i don't see any sh oh, that would prevent normalization relationship across investment. successful. the turning point in the reason state of affairs was followed by a saudi statement on the oil market. same, the country won't trade with those who impose any sort of price cap or other restrictions on commodities. if a price kept were to be imposed and saudi oil experts will not sell oil to any country that impose a surprise, kept on our supply and will reduce oil production. and i would not be surprised if others do the same. the statement came as us lawmakers introduced a bill that would allow lawsuit against oil companies in opec plus countries. according to the saudi energy minister, the practice would damage the market, creating intolerable consequences with opec plus, looking to counter the legislation. earlier my colleague nikki,

are and discuss the perspectives for further cooperation between iran and saudi arabia. with a panel of guess the world is changing very fast, and the united states and the europeans do not have the cloud that they had before . and they've also shown that they're not reliable allies are reliable partners. they've shown that enough on new administration and iran, it's policy is to strengthen ties with neighbors and also pursue asian and your asian integration. those who do not want this to happen in the coming days and weeks will constantly try to use the western media to create tensions, to create divisions. definitely time has changed for iran is a different iran today, maybe and target are more willing to understand the dynamics feel free on what's

happening in the past decades of negotiation. now remember, there is one of the agreement that we're going to have 2 months period or basically seeing how she says iran coming to the deal. so it's going to, it's going to have too much of observation of what that right. it's going to come and what they are going to do. so definitely, iran is a neva, it's an untapped market. we expect they have 2 trillion dollars worth of goods and investment and infrastructure and different things are going to be. it's going to have a stake and iran need some of the neighboring countries contribute to contribute them back. and this is definitely aligned with vision 2030 as a lot of problem, ground manufacturer capabilities. they are very advanced and definitely they can contribute to the iran in rebuilding. let's put it this way. and by looking iran, we are looking a lot of the neighboring countries and that's iraq, syria,

lebanon, and yemen. and this is going to play a very big economic value within the region. there's a couple of months ahead of us where we will watch was was where kathy they have had in historically these, these, these, these periods of cooling off and then things worse. and again, but i think now the signal, the, the signal is there, the both sides really want to work for peace because peace actually pays awful lot more than war. i mean the was the saudi got involved in which i've been stoved by the americans. we must say of cost them absolute fortune a certain point. the war was costing a $1000000000.00 a week. the diplomatic deal, as we know, was mediated by age and completely bypassing the us, which is always like to see them at least as his own kind of spirit when it comes fit when it comes to influence. so let's just take a listen to what the chinese foreign minister ministry had to say about this. some in the u. s. style their country as the beacon of democracy. but how surely democratic is the u. s. it is redoubled its efforts to tout its democracy and interfered in other countries in internal affairs and even instigated wars in the

name of promoting democracy. facts have repeatedly proven that the drama for democracy orchestrated by the u. s. is never a boon, but a bane for the world. so my question to you is just how worried do you think washington should be about such developments and rhetoric worried now really is the role that america plays. i completely agree with professor maroney, when he said the world has changed. he's too polite to spell it out in crude terms, but basically, america's normal calling. the shots, you know, we, commentators, such as myself, are wondering how much longer we use the term usaa gemini, when we, when we come on talk, shows like, like yours. i'm, you know, really, this is the last nail in the coffin. now, of us leadership around the world, the fact that the chinese stepped up to the mark and broke this deal was pretty amazing. so i think lots of play for, i'm very exciting, completely unprecedented. i didn't ever think i'd be on a torture. talking about g iranian peace. a landmark deal to restore

diplomatic relations between former rival iran and saudi arabia had derail israeli strategies in the middle east. the agreement, brokers by china is seen as a counterbalance to us and israeli attempts to dominate the region for details on this story and more visit our website at r t dot com. former us national security advisor, john bolton, has suggested that ukraine strike targets within russian territory, as he argues for a more offensive military strategy for washington's i like it. i don't think you can win war by defending yourself. how can you finally push them out? if you cannot attack inside russia, russia committed an act of unprovoked aggression against ukraine. it can hit targets anywhere in the country without consequences. and they are targeting civilian objects. but ukraine cannot strike military targets in russia. this is

a recipe for failure for ukraine. let's cross live to jail, political analysts and former us marine bryan berlin tech bryan. welcome. how do you assess john bolton statement that for ukraine to win the conflict? they have to attack targets in russia? it's delusional. it's more of the same that we've gotten accustomed to hearing from john bolton. he's a, a war monger. he bases this on some sort of interpretation of strange peace through strength. unfortunately, he's talking about capabilities that don't exist. ukraine doesn't have the means of doing this on a large scale. they don't even have the means of operating militarily on the scale they need to within their borders. and so this is john fulton talking about doing something that isn't as an even possible. well,

crimea has been on the talk lately a lot and considering the recent attack on the crimea bridge, which ukraine sees as a strategic aim in order to cut russia off the peninsula plus new western, ours being supplied to cab. what are the chances that ukraine will try to attack crimea as a show of force for their western patrons? well, of course they're going to carry out attacks, but it is just the show. it is symbolic. they cannot, they cannot sustain these attacks. they cannot do them on a larger scale and whatever damage that is done is eventually reversed. and what it does is it's unify the russian people be behind the government and it just allows the government to double down on its current strategy. so really when you're, you're, you're an armed conflict and you depend on symbolism and showmanship instead of

actually achieving something strategically on the battlefield, that, that is a fine of serious trouble won't. ukraine is also about to get over 30 fighter jets from poland and full block. yeah. do you think that could potentially change the course of the conflict in any way? or is this more of that show that you were talking about? well, people have to remember that ukraine began of a special military operation with an airport that air force has been destroyed. this is why they're transferring board jets in the 1st place. but the problem is they don't really have anywhere where they can take off from without being targeted on the ground. and then if they managed to get into the air bath to face the formidable. busy integrated air, the fences that, that russia possesses. i've so it's really just a process of expanding that it is not going to change anything regarding the outcome. now for several months, there have been news reports that key have is going to lounge

a counter offensive this spring. what are the chances that are there are attempts are going to fail? even if they're offensive achieves their their wildest ambitions. the problem is just like their previous offenses. they lose huge amounts of trained manpower and equipment, and then they have nothing else left. they literally have to hold on until nato delivers another. another army is worth of equipment. the problem is this, this time around nato doesn't have any more equipment to send ukraine so, and they're even saying this in the washington post and the new york times, but this is their last, their last shot. and the pattern that we've seen on the russian side is to simply if they feel they're going to lose large amounts of troops or become in circle, they'll just withdraw and conserve their, their military fighting capacity,

allow the ukrainians to send themselves and expand their, their men and their machines, and then they and then rushes free to push back and take back the power for that. this is the pattern that is played out so that's most likely going to repeat itself in any future ukrainian offensive. well, given the latest revelations, by sy hersh on the top, the top of the north stream through pipelines have western power has been using ukraine as a proxy to wage war against russia. how obvious is that question at this point? it's without a doubt, this entire exercise is a proxy war against russia using ukraine. this was the whole purpose of the united states, overthrowing, the elected government of ukraine. back in 2014, installing an extremely anti russian, a quite regime of power than pumping it full of weapons, providing it with military training. this was all, all intended. and this was openly stated in u. s. policy papers,

so was intended to, to precipitate a posse war with russia in a similar but much larger on a much larger scale than georgia, 2000 rates of 2008 bryan berlin, tech geopolitical analysts and former us marine, thank you very much for that. thank you, lou. the disastrous you a sled war in iraq which left a trail of destruction at an estimated 1000000 people dead has passed its 20th anniversary. r t continues at special coverage of the conflicts with through the oil rich country into chaos, and destabilize the entire middle eastern region. ah . speaking just ahead of the invasions grim anniversary of former british prime minister, tony blair reaffirmed his belief that the us led invasion of iraq and the decision

to depose that country's leader saddam hussein were justified. that is, considering that the invasion was conducted without a un mandate, and without any actual proof of weapons of mass destruction in the middle eastern country. and even if you are completely opposed to the removal of saddam hussein in iraq, the idea that removing it a dictator is brutalized, is people engaged in 2 regional was the idea that secreted to invading country, which is got a democratically elected president. never as far as i know, started a regional conflict or has done any act of aggression against its neighbors. you know, even if you completely disagree with right, you should push back hall than that. all recent polls have shown that the majority of americans think the 2003 invasion of iraq was a mistake. that was the opinion of 74 percent of democrats and 42 percent of

republicans. back in 2003. the invasion of iraq was actually popular among americans was 66 percent of survey respondents expressing approval. but now 2 decades later, almost the same number 61 percent say they oppose it. tim anderson, director of the center for counter had demonic studies, says that australian politicians should have been prosecuted for their quote, criminal role in the rock evasion. it's a criminal role which could have been prosecuted on the even under restrain law. but of course, there wasn't despond amongst lawmakers or law offices to to actually carry out that sort of prosecution. how it as prime minister was a person who lacked a charismatic really he was surprised himself that he came to office back in the ninety's, his his memoirs called lazarus. because he maintained that he was more or less revived from the dead for his political career. but it was that same war media that really protected him from any savage criticism for the crimes that he carried out

and, and sustaining because the war with the invasion was quite unpopular here. that very large demonstrations that didn't make any impact ultimately on the decision of the government to go in. and of course, that was in the straight and commander in some of the the great crimes committed the, the twin attacks on the city of fallujah. with the use of what phosphorus over the city than the slaughter of many civilians in felicia that was astride in general jim mullen who became a government senator later on, he passed away recently. so strategy was very deeply involved in this administrative went on to be involved. busy in the war, in syria, with the air force slaughtering over a 100 syrian soldiers in an operation that was designed to assist isis, the ice was terrorist group to take over the mountain behind their reserve. so when there was no accountability for these crimes, there was something that it allowed those crimes to be committed again in other circumstances. and monday marks had grim 2 decades for the iraqi people since us led forces invaded their country to impose regime change by force. archie will

continue with coverage of washington's gruesome legacy in the war torn middle eastern country and thoroughly examine the effects of the devastation in the region . stay tuned. at this hour, american and coalition forces are in the early stages of military operations to disarm iraq, to free people, and to defend the world from great awe . with food it's with

news, it's official. she's in being is said to visit moscow to meet with vladimir putin next week. and there will be plenty to discuss from the russian strategic partnership with from the russians. chinese strategic partnership to pressing global issues. the signing of bilateral agreements has also been announced with more details to follow. the chinese leaders approach to a supposedly isolated russia has sparked outrage in western media. the strengthening relationship calls into question u. s. support for regional rivals. as china appears, unafraid to oppose the west, beijing says the partnership is mutually beneficial and not aimed at any 3rd party . should you meet with you by chance, will you president, seizing ping state visit to russia will be a journey of peace practise. true multilateralism based on the principles of non ally, non confrontation and non targeting of 3rd parties promote the democratization of

international relations. build a multi polar world pattern, improved global governance, and contribution to world development. china will uphold an objective and impartial position on the ukraine crisis and play a constructive role in persuading and promoting peace talks. the development of strategic cooperative partnerships between china and russia. benefits both the people of the 2 countries and the world. this differs from the practice of some countries holding the cold war mindset, forming cliques everywhere, engaging in confrontation, building small circles and camps, and had gemini and bullying everywhere. china's foreign ministry also said that this is going to be a meeting a piece that's because beijing is ready to play a constructive role in regulating the ukraine conflict. and we also heard from that foreign ministry of china that there, that beijing is also looking to basically ground these talks and the principles of

non confrontation with 3rd parties. so that's all among other topics on the agenda, including questions of international and regional importance as well. as strengthening the strategic cooperative partnership between these 2 countries. now it's also important to understand that these talks are, have just been announced on the backdrop of the marine security belt joint naval exercises which are between china, russia and iran. and these have been taking place in the gulf of all mon since march 15th. so it represents another frontier of developing cooperation between these 2 countries in this situation, specifically naval and military cooperation from monday to wednesday. next week we will be bringing use special coverage of chinese leader shooting pings visit to moscow. join us for that both on air and online. ah

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