ah, ah ah, 2 of the switzerland's biggest bang, cbs and credits for your story and talk to merge as the contagion from the recent banking color in the u. s. president to nationally. also ahead. i didn't see any issue that would prevent normalization. the relationship across investments except from saudi arabia says the path is clear to restore bilateral ties with iran, the following a deal broken by china, which brought the 2 former rivals back together. and chinese president sheeting thing is set to visit moscow on his 1st international trip, pulling the election

a significant step in strengthening relations between china and russia. ah, with joining us early this sunday afternoon, you're watching the weekly here on our team to national. my name is peter scott, and these are some of the top stories from the week just. com. thanks for joining us. now. russian president vladimir putin has made a surprise sunday morning visits to mario pole in the done yet republic. the recently to drove her on the port city on the as off see to look at major b construction projects. it was his 1st trip to the city since russian forces took control last spring. and the criminal spokesman said the president was not accompanied by his usual modes. kate, during the trip, russia considers the done yes or public as its territory, following or a friend of last year. a vote that has been widely regarded as a shop internationally, but even puts in so the opportunity to talk with some people there and address their concerns, such as getting a russian passport and regular salaries as a boot. it 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. the disappear, informed present boots in about the ukrainian armies. talk of the city some humans bully. it's immediately visible. what the ukrainian armed forces did here when we were advancing, we didn't hit anything, but they were firing from tanks directly hitting residential buildings. they just destroyed everything, even when there was no reason to do so. they still heat everything inside. they even put land mines in 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 called, not cease neural people would not have done this previous they posted how to me thing at the command post in the nearby russian city of ross on don. the come in

said that the russian leader heard reports and the chief of the general staff of the armed forces, as well as a number of other members of the military is top brass. the global financial system has been shaken by the fall out from us based silicon valley bank now to switzerland's largest lenders, credit suisse and new bias are considering a merger that could be a catalyst for an overhaul of the global financial system. now shop job increase, we share this week raised further concerns across european financial markets with a slump in major indices, the banking sector. it was down by 13 percent this week, a spiraling phase drive down the biggest banks across the board. strategist at goldman sachs predict to the states or would remain under pressure unless a more forceful policy response is administered. us markets are also powering through the crisis with banks being pops up with $100000000000.00 bailouts by the federal reserve, the treasury and the financial institutions. a research study said that more than

180 years banks are in danger of collapse due to it's due to uninstall deposits. while the government's cash was helped prevents a complete meltdown. the fed failure to disclose all of the banks received aid has caused mr. swell, many marquis watches have express. there's a possible reemergence of the junior date, financial crush limit the concerns about another potential financial crisis. archie correspondent kennimore ben examines the current evil 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. 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 for, for it is now announcing their intent to a 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 panic 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 say, 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. money's 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 a show. banks have the ability to meet the needs of all the depositors. investors

in the banks will not be protect it. 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 commerce through a program called the discount window. this allows the banks to borrow for up to 90 days. now typically the program only provide $4.00 to $5000000000.00. but last

week, broke records, more money has been given out than ever in the history of the program. 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 the bank is they had over $250000000000.00 on their balance sheet. they actually lend out $249000000000.00. so that doesn't really leave that much of a cushion, right? that say if something happens. so what happens the us heights 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 bond was less. so this is

a really key point to talk about the interest rates right over the in critical point. yes. yes. so as interest rates the rocketed the, the debt that they have, they have lead to the us 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. he said, well, i need to raise that $1000000000.00 now to make sure that my bank is in the block. now what happened when he did that? that's a huge amount of people. a lot of money in the bank companies, mainly who then there was a what we could have run on the bank. so about $13000000000.00 which was withdrawn from the bank really. 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 these with central bank stepped in to give them a lifeline. financial world is now holding its breath, waiting to see who is next. caleb martin,

r t new york says it's ready to invest in the radiant economy, following the chinese broken agreement to restore diplomatic relations between saudi arabia and sir on. how quickly in your mind do you think we're going to see saudi arabia making significant investments and vice versa? i would say very quickly here on our neighbor and have been and would continue to be 400 years. so i didn't see any issue that would prevent normalization of the relationship close to investment successful. well, it's any point in the region. state affairs was followed by a saudi statements on the oil market in the country won't trade with those who impose any sorts of price. got all the restrictions on commodities. if a price care were to be imposed and saudi oil experts will not sell oil to any country that impose a surprise capron,

our supply 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 lawsuits 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 in disgust, the perspectives for further cooperation between iran and saudi arabia. with a panel of guests 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 in 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 iraq 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 definitely it's going to have a stick and iran need, some of the neighboring countries can treat to contribute them back. and this is

definitely aligned with vision 2030, a lot of ground manufacture 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 at 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 an absolute fortune a certain point. the war was costing a $1000000000.00 a week. the diplomatic fail,

as we know, was mediated by age and completely bypassing the us, which is always like to see them at least as its own kind of spirit when it comes fear when it comes to influence. so that's if they can 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 as 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? what would the 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 u. s. a 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 playful, very exciting and completely unprecedented. i didn't ever think i'd be on a torture. talking about sound g. iranian peace, landmark deal to restore diplomatic relations between for rivals, iran and saudi ravia could derail israel strategy in the middle east. in the agreements broken by china is seen as a counterbalance to the us and israel in the region. for more details on this story and much more, you head over to our web sites up to the u. s. has reported the resumed drone flights in the black sea region. this comes on the heels of the recent cross of no mind. american reaper drone seeds, media call serv, examines washington's recent calls. shoot down russian fighter jets in retaliation

. no matter what headline you saw about the story, the fact this an american spy, a drone, answered a flight restricted status area over the black sea, prompting to russian fighter jets to intervene. russia had warned washington that it had imposed and no fly zone their box. they refused to listen the end result, a multi $1000000.00 drones scuttled and lost western media hysteria and endless mockery over how it happened. the russian ambassador to the west was summoned for an explanation right away, where he rejected all claims that russia did it on purpose. and he asked them how they would react if they were in russia shoes. these drone concluded, if you bulls, you see that what will be the issue of united states if you see search rush and drawn very close, for example, to san francisco, new york, what blue litigation home united states. forget that this isn't just

a random drone from a random country. this was a u. s. military spy drone, which can also be used to carry heavy weapons flying near russia. who knows what they had planned. the says after all a country that is not very friendly from their economic sanctions to training ukrainian soldiers send in huge amounts of weapons, their end and courage and all the countries to follow suit. alyssa, forget about all the reports, linking them to the explosions on the crimean bridge, the gas pipelines, loss of civilian life, and infrastructure. and now they said, a spy drove over the black sea. what should russia have done? what would they us have done? well, what they did do was scale back their accusations less than 24 hours later. this was an unsafe and unprofessional incident. there was also tinge with incompetence in to your question about the video. the video shows are russian pilot careening in

a, in a enter that looks almost entirely uncontrolled and essentially running into the unmanned ha, u. s. aircraft forcing the u. s. military to down it over the black sea. not only is this unacceptable, it's also dangerous. so it was no longer intentional bots. the answer sexton was still quotes, unprofessional, reckless and dangerous. not there drone flying in the no fly zone? no russia intercept and it was dangerous, and it was not america's actions pushed the world towards the verge of world war 3 . no, but russia apparently, and they're still staring the pots with some americans now calling for even more drones in a move that could really turn into an epic showdown. well, we should hold them accountable and say that if you ever get near another or you asset flying in international waters, your airplane would be shut down. well, what ronald reagan do right now, he would, they would start shooting russian planes down if they were threatening our assess

american foreign policies in free fall. i can't add much to what you've said. all i can tell you is it on multiple fronts. we're in a danger situation. weakness breeds provocation. they aspire balloon over the united states. shooting down anna american drone, multimillion dollar drone. they know they can get away with it. mexico is blaming us for the fentenol crisis. and joe biden is like a deer in the headlights, he needs to up his game quickly. the appeals of some u. s. lawmakers are beyond the pounds of common sense. a deliberate attack on a russian aircraft in neutral airspace is not as a crime under international law, but an open declaration of war against the largest nuclear power. an armed conflict between russia and the united states would be radically different from the proxy war. the americans are waging remotely against us in ukraine, is the capital willing to put american citizens and the international community at

risk of a full gale nuclear war? give us an answer. distinguish senator, once again we're seeing how western officials are fanning the flames instead of trying to defuse the situation. but there is some lives at the end of this tunnel because at least it resulted in a phone call between the 2 countries military chiefs, for the 1st time in months. the flights a few as drones near crimea were provoked of and risked escalating tensions in the black sea. russia will respond in kind to all provocations in the future. so the 2 nuclear powers must act responsibly and maintain channels of communication. we take any potential for escalation very seriously, and that's why i believe it's important to keep the lines of communication open. i think it's really key that her, that we're able to pick up the phone and engage each other. and i think that that, that, that will help to prevent miscalculation going forward. and then it was back to

business as usual. it seems with us spy jones back up over the black sea, but at a safe distance this time. so one lesson learned the rest. now remains unchanged as lloyd austin went back to cheerly. then for more weapon si ukraine emphasized the need su ross, i had a much anticipated spring offensive. booting has now had a year's worth of proof that the united states and the contact group will support ukraine's right to defend itself for the long haul. but putting still hope should he can wear down ukraine in a way to so. so we can't lit up. and we won't ukraine doesn't have any time to waste. and i heard clearly today that our fellow contact group members also know that we have to deliver swiftly and fully on our promised commitments. and that includes delivering our capabilities to the battlefield. the

throne. incidence was the 1st direct military collision between russia and the wes . this time the only casualty was a multi $1000000.00 aircraft, but the invisible confrontation continues and seems to be escalated. let us hope that it doesn't prove to be a case of desperate times calling for desperate measures. the israeli and palestinian officials are expected to meet in egypt in an effort to revive security corporation. the willingness of the to, to negotiate comes after a recent escalation of violence in the west bank between palestinian residents and israeli settlers of the correspondents briefing oftener. as more since late december, when the new hard line israeli government took office, every aspect of israeli palestinian relations has seen a dramatic decay invest period. these really forces and suffer is killed at least a th palestinians, according to the palace, dean, health ministry, including militants and civilians. that's more than one killing per day. policy and

tax also increased in 2023. at least 13 israelis have already been killed, including major terror attacks in east jerusalem. the dad is 2 years. i was, as barbara mentioned in your us diplomat, 20 years ago during the 2nd intifada. and i'm concerned, as are my colleagues in the intelligence community, and a lot of what we're seeing today has a very unhappy resemblance to some of those realities that we saw then through settlement expansion is skyrocketing around 700000 sets or is leaving more than 200 safety outposts all across the occupied west bank in violation of international law . despite numerous and repeated warnings from israel's foreign allies. if promises they win more settlements to come. it has been long standing u. s. policy under both republican and democratic administrations. that settlements

are counter productive to the cause of peace. the vital ministration maintains this, his, this firm opposition to the settlement expansion. the security council reiterates that continuing is ready, settlement activities are dangerously imperiling, the viability of the 2 state solution. we urged the israeli government to reverse the recent decision to advance to construction of more than 7000 settlement building units across the occupied west bank and to legalize settlement outposts the number of demolitions of palestinian property that israel considers illegal has already doubled in 2023 compared to the same period last here the u. s. reports, these affected more than 11000 people, 400 of them displaced fears are that the worst is yet to come. after israel's national security minister ordered to go on with both those and of homes in occupied east jerusalem during ramadan, violating a years old agreement,

the woods of the colonialist and racist minister inside escalation. we condemn the statements of the fascist ben greer, whose inciting and walk in to saved the area on fire. sundays gathering is a follow up of a summit held in jordan a couple of weeks ago. he israel and the palestinian authority then managed to reach some agreements that just hours after the meeting ended to his rally, brothers were killed in a terrorist attack and how ira, and israel took all its commitments back. the shooting provoked a violin. settlers attack on the palestinian villagers in the north, although occupied west bank one, palestinian men died. scores of cars and homes were torched in broad daylight pogroms. while the army stood idly by ah,

israel responded with intensified idea afraid in the north, more arrests and killings, as well as strong words. if they could, they would not us all, but they want to uproot us. i say that on a strike at them and deepen our roots, an investigation was launched into the water rampage. but those responsible have so far not been held to account, and no disciplinary measures were taken against the israeli military critic say these bold ignorance by these rarely authorities may overshadow the sunday security meeting, as well as these really governments general line reason the palestinian fairies, the outcome of this summit will effectively determine whether the upcoming jewish and moves the holidays will be a time to celebrate or to more and more if an ocean a r t from jerusalem. this official shooting ping is set to visit moscow and meet with what initiative on monday do. leaders will have

a range of issues to discuss from the growing russian chinese, the strategic partnership to the war. and ukraine. officials say there will be a number of bilateral agreements signed during the stay visits with more details to follow with the chinese leaders approach hotspots, outrage in some western media outlets. as china appears, i'm afraid to oppose the west spacing, says the partnership is mutually beneficial and not aimed at any 3rd party. did you meet was you follow johnson you, president, she jean pink state visit to russia will be a journey of peace practice. true multilateralism based on the principles of non aligned non confrontation and non targeting of 3rd parties promote the democratization of international relations. build a multi polar world pattern, improved global governance, and contribute to world development. china will uphold an object of an 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 of peace. 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 a questions of international and regional importance, as well as strengthening the strategic or cooperative partnership between these 2 countries. now it's also important to understand that these talks are i 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 co operation between these 2 countries in this situation, specifically naval and military cooperation. where from monday to wednesday, we'll be bringing you special coverage of chinese, the to shooting pings, visit to moscow. so do join us for that's both on a on the line ah

ah ah with ah

who lose.