as well was removed from some government departments. yeah. yeah. yeah. and then i think you know, that in fact it is about the technology the united states is unwilling to engage as a countries in the fair competition channel. not afraid of competition. if it's a, with the same moodle and no after all new liberated and talks about the competition, the better for consumers for every one of wing when yet where united states loses, it's a tech advantages that adopt it. abandon all these textbook economics. if you are the why we, why was the far more advancing 5 g and other related technologies and tick tock is a far more advanced a nice states in algorithm and a i technologies. so that somehow has frightened united states and the u. s.

companies cannot compete with these chinese companies. so they began to adopt this kind of approach which is unfair and also very mean on the other hand, see tick tock and now has over. will i be 1000000 active users in united states or so my, my sympathy for the american uses of tick tock. it's so easy to use so much fun, but does he cannot enjoy? they have to, you know, whatever coke with secondary surgery rate technologies are, well i believe that the u. s. concern that was, that was china. there was, it was would get some sort of information from the users from tape. so how would you you comment from that? not to sure. what information exactly china could glean from some some a young adolescent swiping on social media? that's sure. you yeah. no evil on that matter. there was

a kind of the negotiations go young between relevant companies. the are based guy. these are the data so called the data collected by tick talk will be stored in the united states and then handled by a u. s. high tech company and the both country have agreed more less on that approach for youth gay into these political environment every see about china, russia is a politicized. and in a politician, united states did not represent the interests of the american people. the work was our only interest. they tried to play up and they're in the stages hysteria. so a wait and see what the extend say the american people who are the young. they are also the voters, as it were,

agreed to the american governments approach to tick tock or not and, and what do you make this, this some punishment of, of choir away from critical infrastructure in the 5 g networks of the u. k. and the u. s. and i believe like, as i said before, straight is also got rid of some chinese come as a cult member if they're a high or not a prudent move, or paranoia, and how to swallow a recover from this snow while we are treated, doing very well. and in the 1st place, chinese self is a huge market. and secondly, while we are, has focused on breakthrough in basic science and technologies and for over a decade. and now the have already, i just read the report not long ago, a really sought out all whatever the spell possible united states. and there

have been deleted all the spare parts by products, 99 percent, not more, are made in china. now with that, they're making profits. yeah. mm hm. now we're seeing china it's, it's taking a much more i'd correct me if i'm on a much more active role in global politics. as the belts and rhode scheme, there's the infrastructure projects in africa, the mediation between saudi arabia and iran, the bilateral relations with russia. we're definitely more active china. where do you see the countries direction go the next 510 years or so during visited? china will keep on this, this path of, of taking a really major, rolling global politics counterbalance in, you know, the u. s. a gemini major. yeah. you know, in the 1st place, a chinese genuinely believed that a chinese benefited frown the existing international order. yet

this order is also problematic. it should be reformed. otherwise it cannot meet the demands of the many peoples of the, of the world. for instance b, i this, sir? oh, that's is it. oh, you frustrate deficits is immense in the developing world. and china has a stress in that particular domain. so we see why not less of a public goods in though like be i initiative is so were received by, you know, a $140.00 countries or so this only a natural and, you know, china is a, or perhaps with my slide chinese bias my, yet i've traveled all over the world. we're 100 countries. chinese,

the one of very few countries that have really found its own way to success, to modernization. and john has achieved over the past several decades. what i called for industrial revolutions. in one, we competed for industrial revolutions in when, in other words, chinese, the only country today can provide goods, technologies, services for all the 1st, 2nd, the 3rd or 4th industrial revolution to the international consumers and meet their demands. so with this kind of rise of china, as a civilizational state or belief is, as i said, not divide en route. we said unite and prosper. we hope africa will be more united, middle east will be more united in the south, asia will be more united. let here,

medical more united, and then let's build up prosperity and what she jim called share. the future for mankind. won't human community. yeah. well, shank day which are nice perception and philosophy would be living that. yeah, i was like wait, dean of the china institute of the food on university john is live from beijing. that seems like a suitably optimistic point to leave this in to you. i'd like to thank you very much for your time and for your thoughts today. it's been an absolute pleasure discussing all these wide range of global issues with you. thank you very much. thank you. thank you. bye bye. over the next 3 days, of course we'll be bringing you special coverage of the chinese presidents visit to moscow. so join us for that both honor and online. ah,

well, you know, the news russian president vladimir putin is made a surprise sunday morning, visits him, are you pull in the done yet, sc republic. the russian president drove around the devastated paul city on the as of seats. you look at major reconstruction projects. it was his 1st visit to the city since russian forces seized it last spring. russia considers the dentist republic to be its territory falling a referendum last year of others has been widely condemned as a sham internationally. but he puts in, took the opportunity to talk with some people there and address their concerns, such as getting russian passports and regular salaries. who think it was accompanied by russia's deputy prime minister in charge of regional developments.

as he visited several parts of the city to inspect the progress of the restoration, the depths, pm saw president putin, how the city was destroyed during the fighting thumb indian women bully, it's immediately visible. what the crane and armed forces did here. when we were advancing, we didn't hit anything, but they were firing from tanks directly, hidden 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 with the so called nazis. neural people would not have done this, or previous, the president pretend to meeting as a command post in the nearby russian city of rostock on dawn. the criminal said that the russian leader heard reports from the chief of the general staff of the forces, as well as the number of the members of the ministry is called bras. the global

financial system has been shaken by the fall out from us based silicon valley bank now to a switzerland largest lenders, credit suisse and u. b. s. are considering a merger that could be a catalyst for an overhaul of the global financial system. but a shop drop increase, we share this, we raise concerns across european financial markets. as major indices fell on contagion fears across the board, big banks were affected as well. with the banking sector down by 13 percent. this week, goldman sachs predicted financial institutions would remain under pressure until the comprehensive approach is implemented. the us markets are dealing with the fall out as well, with banks being propped up with a $100000000000.00 bailouts by the federal reserve and the treasury department, which are using all the tools that disposal to mitigate the crisis. a recent study suggested that more than $180.00 us banks are in danger of collapse due to an insured deposits. while the government's cash infusion has helped prevent the

meltdown. the fed failure to disclose all the banks received aid has calls ramos to swell, and has led to some market watches to express. there's of a possible repeats of the 2008 crash. well, amid the concerns archie correspondence, caleb morphine examines the current upheaval in the u. s. banking industry. the u. s. financial system has been shaken up pretty badly with news. a 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 corporate 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 safe, 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. deposit is will have access to all of them money 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. they 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 end of 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 banks 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

. 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 they had over $250000000000.00 on their balance sheet. so they'd 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 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 worth less. so this is a really key point. you're talking about the interest rates for the rest of the key and critical point. yeah. yeah. so as those interest rates rocketed,

the debt that they have, they've meant 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 did exactly what the guidelines say. i would say the ceo acts the same way . he said, well, i need to 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 have 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, r t. new york. in the news. weird says it's ready to invest in the

arabian economy, following the chinese broken agreement to restore diplomatic relations between saudi arabia and sir ron, how quickly in your mind, do you think we're going to see sadie ravia making significant investments and vice versa? i would say very quickly, iran is a neighbor and have been and would continue to be for hundreds of years. so i don't see any ish that would prevent normalization of the relationship across investment. successful. the attorney points in the beach in state of affairs, was followed by a statement from saudi arabia, which said the country won't trade with those who are imposed a price cap or any other restrictions on commodities. if a price kept were to be imposed in saudi oil, experts will not sell oil to an encounter that imposes surprise capron. our supply will reduce all 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 and opec plus countries, according to the saudi energy minister, the practice would damage the market and creates unintended consequences with opec plus, looking at ways to counter that proposed legislation. earlier my colleague nick, are in disgust the perspectives for further cooperation between around on 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 non reliable allies are reliable partners. they've shown that an honest 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 around today, maybe and target are more willing to understand the dynamics feel free on what's happening in the past decade or negotiation. now remember, there is one of the agreement that we're going to have 2 months period or basically seeing how serious is 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 neighbor. it's an untapped market. we expect they have 2 trillion dollars worth of good to an investment and infrastructure. and different things are going to be. it's going to have a stick and iran need, some of the neighboring countries contribute to contribute them back. and this is definitely aligned with vision 2030 a lot of ground manufacturer capabilities. and 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 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 had been stopped 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 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 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 you thing 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. 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 mean, i 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, completely unprecedented. i didn't ever think i'd be on a torture. talking about sound g iranian piece. lunmark deal to restore diplomatic relations between former rivals, iran, unstyled. ravia could derail israel strategy in the middle east. 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 websites and party dot com africa is the continence of the future. that would benefit from cooperation with russia. with us the message from the director of the africa institutes of the russian academy of sciences. the 2nd russia, africa international parliamentary conference was quite a mouthful though, which took place this sunday in moscow. i think of continued throughout that period

. africa is the continent of the 21st century. the continent of the future, africa, future needs economic and political sovereignty development. and that is impossible . without technology and education. russian needs to cooperate with africa on scientific technological and educational development or technologies are very much in demand in africa. what african needs to day. we are experts in those fields. therefore, all cooperation with african, the one hand will help them reach new industrial level. and on the other hand, adapt our technologies to the fast growing african continent which will create a huge market for industry. the anti colonial theme is also very important because all those tools that were used in africa are now being applied to russia. or more than 40 official delegations from various african countries are attending the conference. today, events is set to cover topics ranging from science and education, economic challenges and security, as well as western near colonialism. ortiz votes for one of the participants,

julio connie sco sana sherman, of the subcommittee in the african national congress. who explains that countries in africa? see russia as a partner of you that clashes with the western agenda? we don't agree with the west when they play met russia. russia has only been nothing but a good friend to africa. russia has never colonized a single african country. russia instead has helped us back when we were colonized by the west. when will colonize by udall. and today we're 40. russia continues to engage us progressively. so the, the claim crisis and the food crisis that is there in the world is as caused by the euro centric proxy attitude of promulgating a conflict between russia and the people of ukraine. and we are happy that russia, just like russia,

was able to confront nasty and the nazi regime back then. even today, the meal nazi is been confronted by russia, akin an ally in world peace and ally in fostering progressive engagement in the world. so we hope that the west will understand that the time of im, a unipolar world has come to an end. we all need to cheat each other equally. which friendship? and we are, why did it that the west continues to send an unprecedented amount of weapons to the u claim, but they're not able to do so in africa where there's a lot of conflict that people who have been able to help us resolve the conflict in africa, it is the russian federation, where as the west and the europeans continue to probably pump up the was that we experience in africa. lots all phenomena is peter scott,

i'm back again at the top of the hour, which is in about 5 minutes time. there was a rundown of some of this week's top stories. thanks for watching. ah, no, you don't want us to bubble you live on washing and separately come across. i've done . it does not bring me to marry marie. she found his aunt is you just mean that so long to have when this once i got you grizzly. thank you. i'm a fan of his head. even. you are pretty. she said she did you. so she didn't she actually awful the morning the bell? yes. had saw 2 ice could shun number. no, i mean she eat equal full is was a ship every neil, i'm pretty sure facility, but it's been you ma'am? said dr. dead, go eat. could you bruno or we can for exist. said to wait a, there was on the co pay since one it is was what's your best? her cisco's were shabby and more care vetted. testing one has one is for oscillation. the sick one mean call naval. can you call navy co exist,

but her numeric id she never showed to digest chris city, dig through full, led to the mouth about enough to hope what m. c, capital we met about was all the court said you put on the saw says, well, you didn't, bobby veg, hello to of the chicago at this hour, american and coalition forces are in the early stages of military operations to disarm iraq, to free its people. and to defend the world from great who's with we will screen for the iraqi people,

food and medicine and supplies and freedom with in. i'm rick sanchez and i am here to plead with you whatever you do, you do not watch my new show seriously. why watch something that's so different, my little opinions that you won't get anywhere else. welcome, but please. if you have the state department, the cia weapons makers, multi $1000000000.00 corporations, choose your facts for you. go ahead. i change and whatever you do. don't watch my show, stay mainstream because i'm probably going to make you uncomfortable. my show is called direct impact, but again, you probably don't want to watch it because it might just changing the wing thing. ah

ah, there is a need and ready or dental needs to be form united. make sure that system and that is that it's on that needle on sort of you and has talk mundane it's credibility. it is for it's on that one system by street if want to make could one contemporaneous to make it? so look now in terms of being the prisoner to pull off the reality of the dollar and also therefore being more effective in resolving issues and then shoving piece that off the world news to counter russian state total narrative. i've stivers on the northland scheme div with within the 55

when. okay, so mine is 2000 speaking with we will van in the european union the kremlin, can you jeff machine? the state aunt rush up to date and split our tea, spoke neck, given our video agency, roughly all band to on youtube with me. ah ah,

with switzerland biggest bang, cbs and credit suisse are in talks to merge as the contagion from the recent banking collapses. newest spreads internationally, also this our i didn't see any issue with the additional relationship across investments. successful. saudi arabia says the path is clear to restore bilateral ties with iran, following a deal broken by china, which brought the 2 former rival spike together. and moscow host, the 2nd annual russia africa international conference with delegations from over 40 african nations taking.