and getting to disease, i don't see how that strategy will be successful. it's very difficult time time to sit down and talk with him here who takes the wheel in a surprise visit to mario full and russia has done that square public touring reconstruction projects. and the recently devastated city show of switzerland's biggest bank u. b. s, and credits weeks are and talks to merge as the contagion from the recent baby and collapse in the u. s. spreads internationally also ahead. i didn't see any issue with normal or vision of the division should cross investment assessment. saudi arabia says the path is clear to restore bilateral ties with the

wrong following and deal brokered by china, which brought the 2 for no rivals together. ukrainian orthodox church is rated an ongoing clamp down against what's viewed in the country as a pro russian church with coming to you live from the russian capital. this is the weekly on our t international. i'm rachel blevins here with the top stories of this week. and today. welcome to the program. months after the city of mario bull and russia, donuts republic was devastated. president vladimir putin made a sunday morning visit to discuss rebuilding efforts with local officials. he drove her on the port city on the as of seated to her several of the major reconstruction projects that have been under way following a referendum vote last year. and then donna republic. gluten took the opportunity to talk with people and address concerns on topics such as getting ration,

passports, and regular salaries. the president was accompanied by russia as deputy prime minister in charge of regional development to inspect the progress of the restoration after intense fighting last spring. some humans to fully, it's immediately visible. what the crane an 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 nazis. normal people would not have done this previously present, impose and also how the meaning at a command post in the nearby russian city of ross started on the chrome one. so the

russian leader, her reports from the chief of the general staff, as well as a number of other members of the military chop brass and nanette city. local officials say that ukrainian forces have attacked several residential areas and damaged local infrastructure. they say one person was killed and another wounded in the attack. this video shows a flat completely destroyed as a result of the strike. and then her song region, russian emergency services reported that one civilian was killed and 2 others wounded when next fall. so device was detonated and destroyed a vehicle. officials say those responsible have yet to be identified. the global financial system has been shaken by the fall out from us base silicon valley bank. now switzerland's largest bank u. b. s is taking over its troubled rival credit suisse, sharp drop in credits. we shares this week,

raise concerns across european financial markets as major indexes on contagion fears across the board. big banks were effected as well, with the banking sector down by 13 percent this week. goldman sachs predicted financial institutions will remain under pressure until the comprehensive approach is implemented. us markets are dealing with the fall out as well, with banks being propped up with $100000000000.00 bill out by the federal reserve. and the treasury department, which are using all tools at their disposal to mitigate the crisis. a recent study said that more than $180.00 u. s. banks are in danger of collapse due to uninstall deposit. while the government is cash infusion has helped prevent amount down, the fed failure to disclose all the banks receiving the aid has caused rumors just world and there was some market waters to express fear of a possible repeat of the 2008 financial crisis. i mindy concerns archie correspondent, caleb mop and 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. 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 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 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 . they knowingly took a risk and when the risk didn't pay off, investors lose their money. that's how capitalism works. let me 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 they had over $250000000.00 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 rate says 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 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, the debt that they have, they have lent 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 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 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 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. brianna says it's ready for a bilateral economic cooperation with a ron. this follows a chinese broker agreement to restore diplomatic relations between saudi arabia and iran. 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, iran is

a little neighbor and have been and would continue to be for hundreds of years. so i don't see any sh oh, that would prevent normalization of the relationship across investments. successful . the turning point in the region state of affairs is followed by a statement from saudi arabia, which said the country won't trade with those who impose a price cap or any other restrictions on commodities. if a price care were to be imposed. and so the 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. it came as us lawmakers introduced a bill that would allow the justice department to file antitrust lawsuit against opec plus countries, according to the saudi. any energy minister, the practice would damage the market and create unintended consequences with the

block. looking at ways to counter the proposed legislation earlier, my colleague, mikey aaron discussed the prospects for further cooperation between her ron and saudi arabia. with a panel of guest. 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 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,

it's 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 contribute to contribute them back. and this is definitely aligned with vision 2030 as 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 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 it. and 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 enough sleep 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 just, 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 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 that, how worried do you think washington should be about such developments and rhetoric with 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, in crude terms, but basically, america's not calling the shots. 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 playful, very exciting and completely unprecedented. i didn't ever think i'd be on

a torture. talking about sound g. iranian peace. a landmark failed to restore diplomatic relations between former rivals or ron and ravia. could you rel israel strategy in the middle east? the agreement brokered by china is seen as a counterbalance to the us and israel in the region for details on this story and more visit our website at r t dot com. the international black sea green initiative has been renewed for an additional 60 days while russia confirm the terms that published your document countering a statement from kiev, which said the deal was prolonged for twice as long to avoid any speculations on the term of black sea green initiative sprawling ation. i publish here the copy of our relevant notification and the claim that is prolonged for more than 60 days ease either wishful thinking or deliberate manipulation. the agreement was

initially sailed last july between russia and ukraine, while turkey and the un broker the deal, it facilitates a shipment of grain for new trains of black seaports to global market. the deal also allowed the export of russian green and fertilizer. but moscow says those terms have not been met due to western sanctions, walking logistic mechanisms that are needed, even the russian fertilizer in grain haven't been officially sanction. russia accused european countries of taking the lion's share of the ukrainian grain. instead of allowing it to be shipped to developing nations earlier, we spoke to geo political analyst and joe and sang, who says that the west is doing all it can to create a negative image of russia. the problem is it's the most core does not trust what the with under you and the same because this thing and they're doing something else. yes, the can say that the grain fertilizer section is not sanctioned by bill wouldn't

make it difficult for russia to distribute to been needed. kansas, that even said there was applied to upgrade for free. but a russia saying that it will mean it will be in a would like it to be what was she wants to with african countries. so the west is not going to allow the big. it's going to make sure it's difficult so that the whole entire world can believe that is the movement in this company that is willing to supply is willing to leave out to the stand up of the agreement. but the partners that they have to deal with beast green issue, they're not honest. then not that you can see and have a conversation where you can have agreement and then you walk out knowing exactly. so the agenda is not necessarily coming from q. it comes from washington, it comes from london, comes from you. we want to make sure that the russia on it's nice economy,

the democratic republic of the congo is seeking immediate cooperation with russia, taken that terror threats in the country and ensure peace and stability. that's one of the messages coming out of the 2nd annual russia africa international parliamentary conference taking place in moscow. ortiz marina, kosher voc takes us through the highlights of the events so far. this is all about, of course, strengthening ties between russia and africa. as russia goes away from the west, some segues different corporations walk orations that show how multi polar this world is. avantia and africa are of course 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 elites, and they're discussing things such as corporation. when that comes to fields of science and also education. we know that there are around 35000 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's 2021. they're also discussing their responses to economic challenges. also, another issue is the struggle. although western neo colonialism, a subject that's very sensitive and particular force for africans. and then of course we have the issue of global security. they're seeking ways of how they can cooperate 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, terabytes 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 for planner very session that we're seeing so far. this is that it's just kicked off. they want still have a lot ahead. meanwhile, russia's industry and trade minister has been in cairo to meet with egypt. president i key focus of the talks was expanding co operation on agriculture, education, trade, and energy with russia. emphasizing that, the construction of a local nuclear power plant is proceeding ahead of schedule. we spoke with guest at the russia, africa conference about increased cooperation between moscow and the continent is you have one, but i understand that there are no problems between russia and madagascar. but for our developing nation, i say lot of smears and reasons for cooperating between russia and madagascar, i hope to say, will be in the future. there are a lot of resources, knowledge needed to help pull african countries. i hope

a military cooperation between madagascar and russia continues and then our government will keep contacts. i hope that multi lateral cooperation, including cooperation between russia and madagascar, will increase oh, and public opinion in africa and in, in gola, in particular, is on the russian side, as we have long term ties with russia playing a huge role in african countries reaching independence and fighting colonialism and goal is interested in equal cooperation, and russia has a lot to offer to angola, as well as most of african nations. and goal is an agricultural city. so it's interested in food cooperation. but african angola in particular also have a lot to propose to russia. so we're interested in equal bilateral cooperation that had a rash as chechen republic has condemned. a video circulating on social media, showing ukrainian soldiers burning a copy of the koran roms on. connie ross has pledged $10000000.00 roubles the

equivalent of a $130000.00 for any one who catches the perpetrators. the yamini saba news agency has severely denounced their koran burning southern use as it is strongly condemned this sacrilegious desecration of the holy koran. by ukrainian soldiers and calls for their immediate arrest. it's clear these ukrainian soldiers are being trained to insult islam and muslims worldwide. oliver's fact r t is not publishing the phone video here. the online images appear to show a ukrainian soldier ripping out pages from the islamic calling book and burning them, falling harsh criticism from social media users. the video was taken down from tick tock where it was originally posted. the decision to burn the holy qur'an with such blatant arrogance, shows the absence of the simplest values in western society and a determination that people should be disgusted by others values. these values have

respect for religious shrines and cultural diversity which shows the world the inconsistency of the west and the depth of its contempt for those who differ from them. we have often seen the west demand international sanctions referring to crimes against humanity in this war. however, it says nothing when muslim shrines are destroyed and the holy koran is burned. meanwhile, a ukrainian orthodox church was rated on saturday and an ongoing clamp down against woods viewed in the country as a break away church. videos of the rape quickly appeared on social media. angle grinders were used to gain edge for each of the church, which is located in the west of ukraine. parishioners also reported violence flaring at the scene with at least one man said to be injured. media reports going police officers did nothing to stop the rain. rain orthodox believers say they've been barred from that particular church. this all comes after the head of the russian orthodox church, said ukrainian authorities committed

a monstrous act where they ordered monks to leave. one of the christian orthodox is most sacred sites. the patch erst monastery in kiev ukrainian authorities have given the monks and ultimatum saying they could stay in the shrine only if they left their clergy and to a show work to the break away orthodox church of ukraine. russia has called on the united nations to intervene. however, the un chiefs press secretary responded as though the organization has limited information on the case. russia's foreign ministry took aim at the u. n's, lack of action. if you can't give a common tough to direct appeal from the monks to the international community made in several languages than stephane at the me to being biased and do not put this on the united nations. that it's a complete loss of credibility or a political older, to regularly claim that you don't know anything about what is happening in ukraine when you boast regularly visit ski. if the last time,

as recently as from march cultures distrust into us and it's secretariat. we spoke earlier to a reverend and professor of theology, who says keith has no interest in ensuring the safety of the russian orthodox religious community. morbid genius of persecution, of the month from their last race are taking place. so it's, it's the situation in which i don't believe that ukraine is not going to do anything. busy busy going to the international law and, and the, according to the un chapter of human rights are decades of, of constant persecution against the ukrainian or the church. but since march of the veteran countries and an officials perceive the grain are so sure of the part of the russian orthodox church, and since your is for the common sense among

the best lease right now, i must say i would. i would not be surprised if we do not think i'm a phase. i don't think that they are going to even hear up the monks and because for religious rights to be preserved today to bring a commitment to promote peace and stability and an israeli pledge to stop the discussion or further settlements that's according to joint communicate. coming out of a security conference and sharm el sheikh, between israel and palestine. the government of israel and the palestinian national authority reaffirmed their joint readiness and commitment to immediately work to and utilize admiral measures for a period of 3 to 6 months. this includes in israeli commitment to stop discussion of any new settlement units for 4 months and to stop authorization of any outposts for 6 months to go further in depth on this one, cross 5. now 2 political analysts, mohammed now have thank you so much for taking the time to join us on the program

today. now let's start off with what is your take on the recent announcement? yes, i'm in such a house month, but the difference of those writers will limit disagreements because also it happened about some one month ago on the 26th of february. but there is a list continue there in characters of those bank that were to do the killing. that is on the, on the mission of the scene, us, which nothing of that agreement to i have limited on the ground. does it limits continue with us? it was effects continue. it's 23 of us, you know, money that is used for a long time. so it's a really behaviors if they are really willing to stop there a since the beginning of this year, it was killed by the army and that was bang. yes. and now are you saying that essentially, even though we have this agreement, it's really not

a step towards conflict resolution because it's not changing. anything that's actually happening on the ground. is that how you see it isabela, she does want to be political border of israel and to have a rise on but to is i want that also 40 to be a security agent to track down on that. but i still militants in those bank, and i think this will a lot, huggins are going to be difficult for the body shop 40 or this position. so i don't think thinks were lap and i was also there is really government doesn't look like interesting to stuff that's it was attacks and assaults against the about a senior level but it is and there, but i assume villages and towns in those bank. so there is no indication that this will help and actually also the wholesale 40 at the situation has no control over jeannine and nobliss. if you scam swear is that the group of freight as well as is jerusalem, which is like a consent that it will escalate the violence during ramadan the months that will

start on next thursday. and also that is like government will love to control the settlers. so i don't think that's my change of background and back coming base. that's a really good point to take into consideration. now, let's talk about the ongoing, a legal settlement and really the speed at the expansion of these as you reli settlement. do you believe that israel is firm and is intention to stop settlement and advancement? is that something that could actually become a reality? no, i don't think so because all days, while the ministers are to bro settler months on some of them, our, our sit laws and live in 6 months and they are award to talk. when you want to expressions settlements, they give benches for the constructions of 10000 units and those bank. so what they took is not to start a new syllabus. what, what are groove recently? they will continue on this program. so there was a concern that they are landed grabbing by cit limits. this will in their

a dream that the sagal for more than 55 years to have about us, you know, in the states so that continuous implement active at this, of those bank. making this is very impossible and that's where the bush there was just to continue their struggle on believe there is liberal misses and take it seriously. now let's get into the other countries that are involved here because the conference was arranged things and large part to the efforts on egypt and jordan, what do you make of their involvement when it comes to the ongoing tensions between israel and palestine? a, let's just want to show itself as doing something on the ground, but the also doesn't direct special and is i'll just say words and put them in. but there's been what force is like to stop simply master's talk. delaying gives us to free the money of that was your 40, but that will sell 40, went to the say meeting today, hopes that it will recruit that pressure of feel what their next test and egypt and to stop the settle.