hope what am sick just those who missed about with ah, the u. s. policy of trying to contain russia and china is becoming more and more assertive. that's according to vladimir putin in an interview to a prominent chinese newspaper. it comes just ahead of a trip to moscow as china's president with poland may enter the war and ukraine. if he adds independence, is at stake. that's according to comments made by the polish ambassador to france. however, warsaw is distancing itself from mclean. switzerland's biggest bang u. b. s, has taken over its failed to rival credits with as the contagion from the recent bacon collapse of the us spread the international. my also ahead

with my vision of the division. sure. across investment success on saudi arabia says the path is clear to restore bilateral ties with iran, following a deal, brokers by china, which brought the 2 former rivals together with coming to 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. the partnership between russia and china has become triggered for the triggering for the us because both countries aren't bowing to its pressure. that's all the russian president has summed up the current state of global relations and an interview. he's give it to

a leading chinese newspaper the people's daily. we can see that the external geopolitical landscape is undergoing radical changes. the collective west is cleaning more and more desperately to archaic dogmas to its elusive dominance. putting the faith to entire states and nations at stake. the u. s. policy of jewel containment of russia and china, as well as all those who defy american dictates is becoming increasingly acute and assertive. this architecture of international security in cooperation is being dismantled. russia has been declared an imminent threat and china, a strategic competitor for more or less our correspond shave bose joins us here in studio. shay, it's great to have you here. now we have is the latest interview with russian president vladimir putin. so take us through what he had to say in this article. yeah, rachel, will it for her to overstate the importance of this visit by she, she pink to moscow. right now. and it's, it's, it's

a crucially important geopolitics, that geo political statement by, by china. and as part of this is the lead up to the visit president, choosing ping and president putin of boat with the articles in the corresponding papers in each of those countries. and in his article, in the chinese, a daily mail, he has sort of outline to some of the key points, which he's going to try to pursue. through these meetings he talks about and the long history between russian shina shared almost moral values between the 2 states . that they're going to try to build not only infrastructure links, but also economic links and, and build upon the, the ancient history as they warm together. it's, you know, in a sort of almost natural, you know, partnership which is evolved you to some of the pressure coming from the west. i mean, it, they talk about economic development and present to refer to western had gemini in,

in the speech. he talks about this and you know, you know, on a fair assessment of china and russia as threats. and he also says that the relationship between china and russia is a cornerstone of regional stability. and here's some more of what he actually had to say. unlike some countries that claim had gemini and bring discourse to world hominy, russia and china a literally and figuratively building bridges. it is russia, chinese relations that are in fact the cornerstone of regional and indeed global stability today. stimulating economic growth and serving as the guarantor of a positive agenda in international affairs. they are an example of harmonious and creative cooperation between major powers. so we heard from russian, president putin there. now, according to the russian presidential aid on international affairs, president shing ping is also expected to publish his assessment of russian chinese

relations. now what are we expecting that he might say? well, we're expecting a similar tone, or one of the, of increasing a friendship between china and russia. i'd expect him to establish, you know, a tighter sort of framework in his article. and also to talk about recent chinese successes at diplomatically between iran and saudi arabia. 2 regional competitors, which china has brokered a new day taunt and a new friendship. we had a signal from saudi arabia today that there could be rapid investment into the reigning economy as well. and i think the chinese premier will also talk about the fact that this isn't about a 3rd party. it's about increasing the economic and potential geopolitical cooperation between russian and china. it's not necessarily about countering any threats. and we are expected to talk about peace and prosperity and potentially mentioning taiwan, of course, prep president has mentioned, you know,

the conflict in ukraine as being the backdrop, to a lot of the pressure from the west. and i'd expect president she to refer to the similar pressure the china's coming under regarding the taiwan issue. oh, certainly be waiting to see what he does say. and i know when it comes to this pressure in these concerns about western and germany, it's not just russia and china. there are a number of countries that are stepping up that are increasing their ties with each other. now we seem to be seeing world power shifting, right? you have president, she coming to russia, the brazilian president is going to china and even saudi arabia and iran, as we mentioned, are reestablishing diplomatic ties. what do you see is behind those changes when it comes to this overall most are polar world landscape? here will, i think china, of course is leviathan when it comes to the economic world, it has a bigger manufacturing capability than the rest of the globe combined. so it's very difficult for the west pressure on china in an economic fashion because it could

cause serious damage their own economy. we've seen a similar pressure on russia failing, essentially to deliver the outcome that they believe. so i think other countries in africa and the middle east are starting to look towards russia and china as a credible challenger to this dominant us economic and foreign policy, which is reeked havoc in many regions of the globe. i also think that you know, assets seizures when we saw russia's foreign reserves being seized. we've seen the afghan has done faced a similar problem. and i think it's a realization in the post colonial states in africa, which russia and china didn't have any involved in. really, they're seeing that china, it's not really that divide and conquer. it's more about united and prosper. and i think that's a very pertinent reality when the developing economies in the global says, look to russia and china to lead them to a brighter future, which isn't based on

a dominant dollar or a sort of a rules based order where the united states makes the rules and gives the orders. absolutely. if there are certainly a lot of state care, but will continue to follow as we have the latest from president shooting, pings, visitor and moscow tomorrow, are tease, shave both. thank you so much for your time and, and and colin's and masset are to france says his country may enter the war and ukraine, if he has independence, is at stake. his comments are from a recent interview to a french news channel. so either ukraine will defend its independence, or else we will be obligated to enter into these conflict because our principal values that the foundation of all civilization of our culture will fundamentally be in danger. so we have no choice poles, bass or the paris just went on one of france's top news networks and basically told

the french people that poland is willing to drag the rest of the west into a full blown frontal war with russia. why? because ukraine's independence is threatened, he says, warsaw is now trying to back pedal in connection with the comments on the interview given by ambassador russia shasky to the french station. now c i o, much the 18th this year. we would like to know that it is interpreted by some media in isolation from the context in which it was given. careful listening to the entire conversation and loves us to understand that there is no statement about poland, direct participation in the conflict. but only a warning about the consequences of ukraine defeats the possibility of russia attacking or involvement of the central european countries in the war. like the baltic states and poland, but the ambassadors sure didn't seem worried about caves independence. when the u. s. state department was setting up shop in ukraine after leading regime changed against his president victory new coverage back in 2013 for refusing to assign

a cooperation deal with europe in favor of a more independent position visa v. russia and the west. and where was the same polish and bass, or do i hold those values of independence when the u. s. cord cash into poland, the u. s. congress approved $288000000.00 worth of foreign military financing just last year for warsaw with washington playing sugar. daddy is poland, really in a position to claim independence as a core value, let alone one worth dragging. the whole western world into war with russia to defend. now french, your deputy terri, mariani has just pointed out that warsaw is now going further in washington in providing fighter jets to ukraine, which washington still at least for now refuses to do the kind of weapons mariani says that can hit deep into russian territory. now clearly a huge risk of major escalation here. yet the polish president says that warsaw, mig 20 nines will arrive in ukraine within days. and the rest of the west just

shrugs, i guess, by the way, the people of france. so, you know, the audience that the polish ambassador to paris was addressing on french t v. i certainly not agreed to rush in behind. poland for a war with russia just because both warsaw and keith had this totally delusional view of themselves as independent and not washington's paid shields, doing its dirty work against russia. now, germany and france, the economic and military powers of europe have at least tried at times throughout this whole crisis to temper the gung ho washington rhetoric around the u. craig conflict, but poland has been at the forefront of pushing for escalation at every turn. first, the supplying tanks and now with fighter gents and this ambassador and now just casually calling for a head on war between russia neo, what's most disturbing is that until now they've actually gotten their way. or in the very least, no one else really seems the least bit interested in stopping them. the

global financial system has been shaken by the fall out from us base silicon valley bank. now switzerland's largest bank you be asked is taking over its troubled rival credit suisse r sharp drop and credit. so shares this week, raise concerns are cross european financial markets. as major indexes fell 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 would remain under pressure until a comprehensive approach is implemented. us markets are dealing with the fall out as well, with banks being propped up with $100000000000.00 bill 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 banks are in danger of collapse due to an insured

deposit while the government's cash infusion has helped prevent a meltdown. the feds failure to disclose all the banks receiving the aid has caused rumors to swirl and has led some market watchers to express fears of a possible repeat of the 2008 financial crisis. i mean the concerns are to correspond caleb mop and examines the current up people in the us banking industry . the u. s. financial system has been shaken up pretty badly with news of bank failures splashing across the headlines this week. this is the biggest failure since 2008. it's actually the 2nd biggest failure ever since washington mutual in september of 2008. meanwhile signature bank march. the 3rd largest bank failure in u. s. history capital over it is now announcing their intent to 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 a 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 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 comes through a program called the discount window. this allows the banks to borrow for up to 90 days. now typically the program only provides $4.00 to $5000000000.00. but last

week, broke records. more money has been given out than ever in the history of the program . the numbers have already surpassed the 2008 crash. so now the fed is back to printing money, providing banks with additional liquidity. but the federal reserve is also continuing its fight against inflation. and this is going to make that much more complicated. it's a fragile balance between curbing the problem of inflation and propping up the financial systems. now the problem with this bank is they had over $250000000000.00 on their balance sheet. so they'd actually lend out $249000000000.00. that doesn't really leave that much of a cushion, right? let's 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 was less. so this is really key point. you talk about the interest rates are the key and critical point. yeah. yeah. so as

those interest rates are rocketed the, the debt that they have, they have lent to the u. s. government becomes less. right. so that left this bank with a deficit on their balance sheet of about a $1000000000.00. now, once that happened, the bank bid exactly what the guidelines say. i would say the ceo acts the same way . he said, well, i need to go and raise that $1000000000.00 now to make sure that my bank is in the block now will happen when he did that, that spooked a huge amount of people. a lot of money in the bank companies, mainly who then there was a what we could 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 the swiss central bank stepped in to give them a lifeline. the 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 bilateral economic

cooperation with terror on 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 in vice versa? i would say very quickly, iran is our neighbor and have been and would continue to be 400 years. so i didn't see any issues that would prevent normalization of the relationship cost investment successful. the turning point in the region state of affairs was followed by a statement from saudi arabia, which said the country will trade with those who impose a price cap or any other restrictions on commodities. enterprise care were to be imposed and saudi oil experts will not sell oil to any country that imposes surprise kept on 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 anti trust lawsuit against 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. earlier, my colleague nikki aaron discussed the prospects for further cooperation between iran 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 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 division. definitely time has changed a bit. iran is a different iraq today, maybe and target are more willing to understand the dynamics feel free on or what's happened 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 police are going to be. 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 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 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 stopped by the americans. we must say of customer absolute fortune a certain point. the war was costing a $1000000000.00 a week. the diplomatic deal,

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 in internal affairs and even instigated rewards in the name of promoting democracy. facts have repeatedly proven that the drama for democracy orchestrated by the u. s. is never a boon, but a bane for the world. so my question to you is just how worried do you think washington should be about such developments and rhetoric worried now really is the role that america plays. i completely agree with professor maroney, when he said the world has changed. he's too polite to spell it out in crude terms, but basically, america's normal calling. the shots 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 play for very exciting, completely unprecedented. i didn't ever think i'd be on a talk show, talking about sound g. iranian peace. a landmark deal to restore diplomatic relations between former rivals or raw and saudi arabia. could you rel israel strategy in the middle east? the agreement brokers by china is seen as a counterbalance to the us and israel in the region for details on the story and more visit our website, r t dot com, a commitment to promote peace and stability. and an israeli pledge to stop discussion of further settlements, that's according to a joint communicate coming out of a security conference and shawn,

i'll shape between israel and palestine. the government of israel and the palestinian national authority reaffirmed their joint readiness and commitment to immediately work to end unilateral measures for a period of 3 to 6 months. this includes an israeli commitment to stop discussion of any new settlement units for 4 months and to stop authorization of any outpost for 6 months. political analysts, mohammed, now he doesn't believe the new israeli pledges will inspire any trust that the countries committed to building peace says on the israelis i'm in such announcement what the difference of those writers will limit disagreements. because also it's happened and talk about some one month ago on the 26th of february, but there is a list continued in care of just of those back to killing that is on the, on the mission of the scene us, which nothing agreement do. i have limited on the ground to continue with us. it

was effects continue is i didn't the 3 of us, your money that this is for long time. so we're waiting on the daily behaviors if they are really going to school a, is how we work. since the beginning of this year, it's better, you know, skilled by basically the army in those burn. actually also the situation has more control over the genie nobliss with a group rate as well as is jose a limb, which is like a concern that it will kill it a month that wouldn't stop. and next there's day. i'm also going to locked in the sit last so i don't think that's my changeable background and back. i'm in the head of rushes. chechen republic has condemned a video circulating on social media, showing cranium soldiers burning a copy of the koran. roms on. katy rock has pledged $10000000.00 roubles,

the equivalent of a $130000.00 for anyone who catches the perpetrators. the yamini saba news agency has severely denounced the koran burning southern use as you strongly condemned this sacrilegious desecration of the holy koran by ukrainian soldiers. and calls for their emitted arrest. it's clear these you grin and soldiers are being trained to insult islam and muslims worldwide. oliver's fact r t is not publishing the whole video here. the online images appear to show you hernon soldier ripping out pages from the islamic holy book and burning them following harsh criticism from social media users. the video was taken down from tick tock, where it was originally posted, the head of the center for public thought dialogue and reform, denounced the act and urge humanitarian organizations to oppose such actions. o mazacco, how the day to day when the koran is being burnt or torn,

all humanitarian organizations must resolutely oppose these shameful actions. because peace and peaceful coexistence which we strive for her into religious. donald cannot be preserved in the conditions of continuation of such ugly actions. to day, every person is free to believe in what he wants were, what have you and i believe whatever god we worship. yes, we have to respect each other. cannot the holy koran is the basic law for more than 2000000000 muslims around the globe go. how they get the meanwhile, a ukrainian orthodox church was rated on saturday and an ongoing clamp down against what's viewed in the country as a break away church. videos of the rate quickly appeared on social media. angle grinders were used to gain entry to 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, claim police officers did nothing to stop the raid orthodox believers say they've

been barred from that particular church. now this all comes after the head of the russian orthodox church said that ukrainian authorities committed a monstrous act when they ordered ranks to lead. one of the christian orthodoxies most sacred sites. the patch erst monastery in kiev ukrainian authorities have given the monks and alta made em saying they could stay in the shrine only if they left their clergy and swish over to the break away orthodox church of ukraine. russia has called on the united nations to intervene. however, the un chiefs press secretary responded and said 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 comment after a direct appeal from the monks to the international community made in several languages, dance deform at the mid to being biased and do not put this on the united nations.

that is a complete loss of credibility or a political order to regularly claim that you don't know anything about what is happening in ukraine. when you boast regularly visit sky of the last time. as recently as of march causes distrust in the us and it's secretariat. we spoke earlier to a reverend and professor of urology that says kia, has no interest of ensuring the safety of the russian orthodox religious community mortgage dreams of persecution, of monk from my x rays 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 quoting to the international law and the, according to the un chapter of human rights are decades of, of constant persecution against the ukrainian church. but since march of the veteran countries and an officials perceive the agreeing are so sure of the

part of the russian orthodox church, and since there is for the common sense among the best lease right now, i must say i would, i would not be surprised if they do not think i said, i don't think that they are going to even hear up the monks and the cause for religious rights to be preserved today. so crane and that's all for now. be sure to check out our t dot com for all of this breaking news and updates. we'll be right back here at the top of the hour. ah ah, with.