a use to proceed, lithium to what you put up a list of all but huge with ah ah, that he may have who to make a surprise visit tomorrow, you pull in the done yet group public touring reconstruction projects in the city. switzerland biggest bang, cbs and credit suisse or insults to merge the contagion from the recent banking collapse. and the u. s. spreads internationally also on the program and i didn't see any issue that would prevent normalization of the relationship across investments with saudi arabia says the path is clear to restore biological ties with iran. that's following a deal broken by china, which brought the 2 former rivals together. and moscow was the 2nd annual

russia africa international conference with delegation from over 40 african nations taking part in the event with it's sunday and that means it's the weekly here on our t international. i and peter scott. and here are some the top stories from the week just gone. thanks for joining us. well, russian president vladimir putin has made a surprise that sunday morning visit to mario, pull in the done yet republic. or the russian president drove around the devastates of pol city on the as of sea to look at major reconstruction projects. it was his 1st visit to the city since the russian forces seized it last spring. russia considered the da s republic as its territory, falling a referendum last year, a vote that has been widely condemned as a sham internationally. but even if it's in, so the opportunity to talk with some people that and address some of their concerns, such as getting bush and passports and regular salaries,

which 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 p m told thin how the city was destroyed during the fighting some dea, lemme 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 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, refuges 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 a so called, not cease neural people would not have done this a previously, president putin also held me thing at a command post in the nearby russian city of ross on dawn. the kremlin said that the russian leader heard reports from the chief of the general staff, as well as

a number of other members of the military system. ross about move that so have wide ranging negative results. while thus, the message from serbia's president's alexander, brutish regarding the decision by the international criminal court to put out an arrest warrant for the russian president vladimir putin. this decision will have bad consequences, politically bad consequences for human life and shows that there is a great reluctance to discuss peace, even a truce to save lives. the court in the hague says that the russian president and the commissioner of children's rights are responsible for deporting ukrainian children as an allegation supported by keith, but rejected by moscow. his position is that it had to evacuate the children from the conflict zone. this comes as the icy seas jurisdiction is not recognized by countries including russia, china, india, and the u. s. will, has the reaction from russia's foreign ministry. decisions of the international

criminal court have no significance fall country, including from legal standpoint. russia is not a participant of their own statute of the international criminal court and has no obligations under the statute. russia does not cooperate with this body and possible recipes for rest from the i seat will be null and void to us. military, mariani, a french member of the european parliament says the move by the icy c as a possible information more there is not fairly is progress barriers investigation and, you know, go down a mountain organization. said there is a patient of children and everybody a repeat. if we want to be sure, excuse me, we must come up 70 years investigation. i know that the, i think the through all the statements of bringing not very he and so many you with me not very independent around 30 states in the world.

don't recognize that you, for example, in the 5 members, the 5 prominent members of the conceal of security 3 don't recognize this, that you, if you don't recognize this, that you, this, i absolutely know signification on your country. and of course, when the russian, to repeat that this new book turns for us, because we don't recognize the score he's low. is the case. can i take another example? do you remember any sanction about some america authorities after the invasion of iraq, for example? no. why? because they don't recognize. that's why this decision is just a decision about, you know, inside the war of communication. what i read this morning in my newspaper berries.

i read very important to change everything. and in fact, the just the heart of communication we're moving on now. the global financial system has been shaken by the fall out from us based silicon valley bank. now to assist the largest lenders, credit suites and u. b. s. are considering a merger. and that could be a catalyst for an overhaul of the global financial system, which are dropping credits. we share this week raise concerns across european financial markets. as major indices fell on contagion. 5th, across the board, big banks were affected as well. with the banking states done by 13 percent this week, goldman sachs predicted financial institutions would remain under pressure until a comprehensive approach is adopted. yes, markets are dealing with the fall out as well, with banks being propped up with $100000000000.00 bailouts by the federal reserve and the treasury department, which are using old tools of the disposal to mitigate the crisis. a recent study suggested that more than $180.00 us banks are in danger of collapse due to

uninstalled deposits. while the government's cash infusion has helped prevent the meltdown. the fed failure to disclose all the banks receiving the aid house calls rumors to swell, and is that to some markets watches, expressing fears of a possible repeats of the 2008 financial crush will. amid those concerns are the correspondence. caleb more pin examines the current upheaval in the u. s. 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 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. 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 are full, the depositors investors in the banks will not be protected. they knowingly took

a risk and when the risk didn't pay off, investors lose their money. that's how capitalism works. i me 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 bank that just collapsed and caused panic on the market. an additional $153000000000.00 was borrowed from the federal reserve last week. this come 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. 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 rate that 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 was less. so this is a really key point to talk about. the interest rates are the key and critical point

. yeah. yeah. so as those interest rates rocketed the, the debt that they have, they have led 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 c o x the same way. you 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's a huge amount of people. he grabbed money in the bank companies mainly who then there was a what we'd call to 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 news riyadh says it's ready for bilateral

economic cooperation with her on, on the fall of the chinese broken agreement to restore diplomatic relations between saudi arabia and iran. 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 investments. successful returning points in the regions state of affairs was followed by a statement from saudi arabia, which said the country won't trade with those who impose a price cup or any of the former restriction 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 capron, our supply will reduce oil production and i would not be surprised if others do the

same. the same and came as us lawmakers introduced to build that would allow lawsuits to go ahead against all companies, opec plus countries, according to the saudi energy minister, the practice would damage the market and create unintended consequences with the block. looking at ways to counter the proposed legislation, but earlier my colleague nick aaron discussed the prospect for further corporation between iran 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 not 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 a bit. 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. you know, 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 or what that right. it's going to come and what they are going to do. so definitely, iran is a neva, it's an on top of market. we expect they have 2 trillion dollars worth of good to an investment and infrastructure. and different police 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 as a lot of 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 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 that 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 a completely bypassing the us,

which is always like to see them at least as his 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 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 for using 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 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 of fact to the chinese stepped up to the mark and broke. this deal was pretty amazing. so i think lots of play for very exciting and complete the unprecedented, i didn't ever think on be on a talk show, talking about sound g iranian peace, landmark deal to restore diplomatic relations between former rivals. iran and saudi arabia 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. the more the more details on this story on much more do you heard of us all websites r t dot com is really an palestinian officials are expected to meet in egypt in an effort to revive security cooperation. now the willingness of the to, to negotiate comes after recent optic in violence in the westbank between palestinian residence and israel settlers. archie correspondents may phenomena as

the details since late december when the new hard line, israeli government took office. every aspect of israeli palestinian relations has seen a dramatic decay in that period. rarely forces and settlers 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 them through. settlement expansion is skyrocketing around 700000 sets or is leaving more than 260

outpost all across the occupied west bank in violation of international law. despite numerous and repeated warnings from israel's foreign allies. if promises even 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 imperative, the viability of the 2 state solution. we urged these railey government to reverse the recent decision to advance to construction of more than 7000 settlement building units across the occupied west bank until legalized settlement outposts the number of demolitions of palestinian property that israel considers illegal has already doubled in 2023 compared to the same period last year,

the un reports these affected more than 11000 people. 400 of them were displaced. fears are that the worse is yet to come. after israel's national security minister ordered to go on with it, both those in 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 say of 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 than managed to reach some agreements that just hours after the meeting ended to his rally, brothers were killed in a terrorist attack in how ira. and israel took all its commitments back there, shooting provoked a violin settlers attack on the palestinian of villagers in the north. although a wide 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 id, 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 to strike them and deepen our roots, an investigation was launched into the how what are rampaged, but those responsible have so far not been held through towns 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 palestinian affairs. the

outcome of this summit will effectively determine whether the upcoming jewish and museum holidays will be a time to celebrate or to mourn. mary, from ocean, i'll see from jerusalem. the democratic republic of congo is seeking immediate cooperation with russia to combat terror threats in the country, initial peace and stability. but that's one of the messages coming out to the 2nd annual russia, africa international parliamentary conference that's taking place in moscow right now on the marina course river takes us through the highlights for the vent. this is all about, of course, strengthening ties between russia and africa. as russia goes away from the west and segues different corporations, walker ations that show how mole type polar this world is, and washer and africa was very interested in that. and here today we have delegations from over 40 african countries, the majority of african countries i should say, and they're having conversations with russia's business and political leads and

they're discussing things such as corporation when it comes to fields of science and also education. we know that there, around the $35000.00 african students in russia right now. 6000 of them are here on a scholarship there increase in that number. they're actually almost doubling the number if you compare it to 2021. they're also discussing their a responses to economic challenges. also, another issue is the struggle. although western neo colonialism but a subject that's very sensitive in particular, of course, for africans. and then of course, we have the issue of global security. they're seeking ways of how they can incorporate and into a peace and stability in russia and also on the african continent. we heard from the democratic republic of congo, asking for urgent assistance from russia as in battles, terror threats in the east of the country. and also russia states do much higher person also spoke with representatives from molly's central african republic,

zimbabwe, and many, many more. and it's all about how can they be mutually beneficial to each other. and this is all, of course, on the backdrop we are expecting. and major russia, africa summit in july in st. petersburg. so this is in the way as a test drive right before that, even though this is already the 2nd international and to plan to vary session that we're seeing so far. this is and it's just kicked off day, want still have a lot ahead. but the events we also discussed corporation between russia and africa with the secretary general of the pon, african youth union, and a member of parliament in coming. russia has it right to do what he wants to do. russia has the right to develop a new subset. so nobody can question is that is wisdom because the prism is country is an issue that's grown futile of development up processes to follow. so i can question what georgia is doing. no, can i see that government grisham go cover and i used to go through sort of

diversified into, of course, there were, i think the african countries are independent sovereign states. you do have the right of choice when we do have the right to to determine what is beneficial to us in terms of the kind of relationship that we both would would was did. rush doesn't have a colonized in africa, countries under contract russia, one of the countries that supported the liberation of many african countries doesn't got an impact. yes, it does have an impact. remember, the remnants of colonial thrills on the continent. so if you look at anglo phone, africa, francophone, africa, definitely you find that colonial list are still trying to fight for a day as well. yes, it does. it does have our but i want to see that african countries, including the young people, are more determined now than ever to force our government to build relationships that are beneficial to our because on the other letters it's not been beneficial to us. and that's why you see situation in book enough or so. that's why she, this isn't molly and guinea does well,

you realize that most countries that our friends are beginning to rebel against that colonial dollar sign the course is not beneficial to us. and for us as young people, we want our governments to explore and get more beneficial relationships with other countries. russia inclusive because with russia, a strategic country to, to, to, as africans, and give support us even when we need that to, to, to struggle out of school in the end of the us invasion of iraq, which left a trail of destruction and left an estimated 1000000 people dead has passed its 20th anniversary. nazis continue in his special coverage of the war, which through the oil rich nation into chaos and destabilize the entire middle east . ah. was speaking just ahead of the dates, marking the anniversary, former british prime minister, tony blair reaffirmed his belief that the us led invasion of iraq on the decision

to take out saddam hussein were justified. that's all happened to without you and mandates, or actually any proof of weapons of mass destruction in the middle east and country . and even if you are completely oppose to the removal of saddam hussein in, in, in iraq. the idea that removing at a dictator is brutalized, is people engaged in 2 regional was the idea that's equated to invading country, which is good, 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 hard and that argument a recent polls have suggested that the majority of americans think the 2003 evasion was a mistake. that was the opinion of 74 percent of democrats and 42 percent of republicans, but 20 years on the invasion, most popular among americans with 66 percent of

a survey, respondents expressing approval. but now decades later, almost the same number, 61 percent say they oppose it to madison. the rights of the center for council had yamani studies says it's australian politicians that have been prosecuted what he calls the criminal role in the operation. it's a criminal rule which could have been prosecuted on the even under astray in 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 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 time 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, the very large demonstrations that didn't make any impact ultimately on the

decision of the government to go in, and of course there was an australian 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 i astride in general, jamal who became a government senator later on, he passed away recently. so strategy was very deeply involved in this. and then the strategy went on to be involved 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 isis terrorist group to take over the mountain behind their resume. on monday, march to decades for the iraqi people since us led forces storm the country imposed regime changed by force. ortiz is set to cover in depth, sorry, it's going to continue. it's in depth coverage, excuse me, of washington's legacy in the water and middle eastern country, as well as exam in the effects, the devastation cost and the region. so do state you for that 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 with food medicine and fleet with that's all for now, dbi showed checkouts all t dot com for all the latest breaking news, unknown dates, and we'll see you right back here at the top of the hour. thanks for watching.