for talk, good to yes, i'm one of those a unrest across the global finance system continues as the largest german bank loses 20 percent of its value in less than a month. that's after several us banks crash, resulting in 2008 style bailouts. us vice president comalla harris says that to visit africa later this week and mid concerns in washington over the growing russian and chinese presents in the continent. saudi arabia and theory are set to restore diplomatic ties. following negotiations brokered by moscow with

good morning from are to international studios in moscow and welcome to the hours most vital news stories worldwide. i'm fiorella is about the risk of a global banking crisis looms ever nearer as deutsche bank germany is biggest lender last 20 percent of its value since march registering a drop in stock of 9 percent. as recent trading closed, the rumblings in the market started after 3 major american bank suffered a crash similar to those of 2008. the u. s. government was quick to intervene, bailing out the banks and handing out significant sums of money to the financial sector. however, that didn't stop the chain reaction already being felt in europe, where most major banks are losing stock and credit suisse. one of switzerland's major lenders was even bought by a competitor with a financial system going through turbulence. the u. s. president didn't seem phased

by the worrying trend book. i think we've done a pretty good job people. so savings are secure. and even those beyond the $250000.00. so if t i c is karen to american tax payers not gonna have to pay a penny. the banks are pretty good shape i think is going to take a little while for things to just calm down, but i don't see anything on the horizon is about to explode. as german chancellor olaf sold also claims. there is nothing to be concerned about. our correspondence shay bows investigates a senior politicians and economists tried to reassure increasingly nervous financial markets, global anxieties over recent bank failures rumble on the merger of 2 big swiss banks, u. b. s and credit suisse has created a financial bet him off, valued at over $1.00 trillion dollars in

a deal which threatens the squeaky clean image of the swiss banking sector device. i totally could. it did selfish the extensive liquidity assistance provided the time needed to find a solution to safeguard financial stability. this solution had to be worked out under considerable time pressure in order to be ready before the asian markets opened this week to sign and, and solvents of credit suisse would have had severe consequences for national international financial stability. and for this was economy taken, this risk would have been irresponsible. this new super bank, born out of a hastily arranged merger, now has a value that completely de wars the highly developed a $100000000000.00 swiss economy. and has raised concerns about granting such immense power to a single financial institution lawyer. but i'm like, so mommy, there won't be an impact on me. but what a waste is really too bad that a bank with 170 years of history is going to vanish just like that. it hurts me as

a customer. louise osama would prejudice if i feel a lot of fertility in light of the current situation on this with financial system now will only have a single big bank u b. s. and that is not good, it's good to have competition and we won't have that anymore. yeah, off some merger between her, her credit suisse and a u. b. s. a is a kinder offer, hugged, and marriage between 2 lame dogs, of course, ah, to situation with a kid decrease, i was going badly, but u b. s. as now a longstanding aisd traits are also bad records are in banking and i'm, i don't believe that it's east kind of marriage a clue. so, in the long term, that crises for ordinary workers and communities,

it essentially means that regardless of what your economy actually produces, be the cars, energy medicines are high tech services and all accounts for nothing. if a major bank fails, leaving ordinary citizens to face the catastrophic consequences of that failure, this leaves us to ask ourselves what the actual value of these vast financial institutions is to the societies they've so badly failed. while these institutions provide some payment and transaction services to their wealthy depositors and borrowers, the rest is essentially investment banking, which focuses exclusively on making money for guess who. that's right, the investment bank and it's shareholders who's disproportionate influence on the world's economy simply doesn't correspond with the services they provide. and if and when these giants, who are seemingly too big to fail, need bailey out, is the ordinary taxpayer that usually left to pick up the pieces just like they did in 2008, 0 in fact that we have now these kind of huge monopoly ah,

we have to remind us that both the u. b. s and at credit suisse before the manager, words are mos 2 important streets banks. as a citizen, we at now is a kind of concentration, but not the concentration of good banks, but concentration of bad banks. and if this kind of situation is not directly address, give ricky fixed by authorities b, z government or b, z us sent a central bank. then we will go on, swore a long number off, recurrent fries each. the widespread use of corporation tax to avoid far higher income tax rates now is reserved for ordinary workers. it's also now widely exploited by institutional investors and their backers. this feeds into the bazaar

reality that a global banking sector that should exist to serve economic activity has now grown to, to war. for those very economies, they're supposed to support as ordinary taxpayers faced the very real possibility of yet again picking up the tab for these huge profit mills. it's time to ask ourselves who's working for who and whether there's a better way to protect our societies from the devastating consequences they face when the bankers under backers just keep getting it wrong. while enjoying a complete lack of accountability. us vice president comalla harris starts a week long trip to africa this weekend. she's due to meet with. the leaders have gone a tanzania and zambia. it's the 2nd high level visit to the continent by a u. s. official in recent months and comes as washington seeks to rival the rising influence of russia and china as r. t is corolla, topler explains as will be carmella harris's 1st visit to the african continent.

but no one seems certain what the objectives behind the visit is. as use intimated, she will be in ghana, tanzania, as well as the ambia. but one thing is for sure we know about the. busy uses at least tentative position with regards to it's a former influence on the continent following a void of some 2 decades in which is as seen, china moving in and the growing influence of for russia. and this seems to be very much a guiding of as vivid as the u. s. actively tries to wage a gap between it's between africa as well as russia and china. and this seems to be a part of the motif if you will, that is. busy informing this visit, the troops strengthened the united states partnerships without african and advance

. so share effort and security in economic, cris parity through all the trip in partnership with african governments and private sector. the vice president will advance efforts to expand access to the digital economy, support climate adaptation and resilience, and strengthen business ties. investment include in through innovation entrepreneurship and the economic empowerment of women. there is no doubt that the u. s. is looking squarely added the geopolitical adversaries if you will, as it looks into the growing influence of china and that of russia on the continent . and it is trying very hard to make sure that it comes out on top is already identified. ah, china as, as a villain, blaming behind african debt problem, seeing that if it wasn't for china handing out money and, and seriously, and entering numerous african countries and dragging its feet when it comes to re

negotiating. the said that after golden, i'd be where it is and we heard when janice yellen, the u. s. treasury secretary, when she came around to the of this year, she penned the current food crisis on, on russia, following the conflict. ready in ukraine and a journalist asked her specifically if the u. s. is in a tug of war for the continent in order to win the influence here on african grass, fine for influence, just isn't the focus of my visit at all. i know it's a completely natural question. it is not at all what i am focused on. our interest is in partnering with africa. this is not a competition with china, and it seems that africa will be a stage for many more months to come. if not years, that the superpowers will be locked in some sort of diplomatic war here as it

tries to in favor and friends. but the u. s. has a lot of catching up to do, and they may be joining in this fight. already. a beck former nigerian presidential aspirant our dumb garbo says, washington is not looking for any sort of mutually beneficial cooperation with africans is all about just touching our associates. and i'm sure look even they're going through the choose in east south and western africa. most of these countries are the warranties where the until this sentiment is very, very high cousins on your will do a just to deal with our chinese debt. and if you call back to do gonna most of their so fighting on the challenge of their friends in regarding the inflationary guardianship crisis by the fuel crises and rising cost of living is currently blamed on the m. f dept. which is also, of course, form to buy the us. if you go back to london, you are the same problem. so i don't know what she's coming to get because to the best of my knowledge, africa has moved forward. but beyond,

what did you want to think in africa used to be on africa? knew why the friends, china has been very disappointed in tons of building infrastructure. i didn't necessarily when, when diplomatic approach it had been, if you, what africa and china, and if you look at what happened from russia recently, bloody medical to prison of russia. clearly stated about $20000000000.00 will definitely live law for chrome countries. this is from do not africans are celebrated. so i don't know what to do is a time to come and do what to the best of my knowledge. i don't think dish is big any strong positive outcome from dot net and it just p only one sided and driven by one sub interest even ident, out of africa. so that is not that much you've done. is it one sided relationship? it relationship, but only way it benefits them is when they're what, when, when it doesn't been, if you them didn't go rigid, ah, now here in president mohammed bal, hurry has urged his citizens to share their food with those and need a had of ramadan as the country suffers friends, skyrocketing prices,

the leader went on to condemn, unscrupulous sellers who have artificially inflated prices to make a profit during the islamic sacred month. i am particularly aware of the activities of treatise, heard, officially increase the prices of their goods, including food at the beginning of every rama, done. according to the latest few and report nigeria is in the midst of a major food crisis, with more than 4000000 people in need of nutritional assistance as a lack of funding and gasoline, as well as growing instability has led to over $8000000.00 people in need of humanitarian aid, it is estimated that more than $1000000000.00 is needed to help the nation of 18 percent from last year. another major issue facing nigeria is that of terrorism from the vocal. her militant groups active in several parts of the country since it emerged in 2009. the group's activities have claim thousands of lives and place

millions of people, mostly in the countries north, france has been a long time ally in combating the threat. but after years of military interventions, paris apparently has little to show for it. we spoke with an economist from nigeria, who says that it's time for africa to leave the form of neo colonialism that the french have imposed on it. what is happening then? this i, he and bill and the child busy and the francophone west africa is a curious case in how, where see europe as me money each. it's good wheel in africa and i'm really disappointed personally in the fact that you have the french army in that region and it's not been able to walk with the niger and i me to fight them. you saw james from requirement, you swap in chuck this friday and you know,

it's very disappointing. why, why does it start? he's also very disappointing that the french government, my know, my cronum is all, it's pretty social and the call us at the 2 or how long, who's the media procedure for you? so, so for my know, my current as imposed to see a fee, the front of the sofa on, on francophone west africa. and i have a situation where 50 percent of the reserves of the central bank so far from, from west african countries. a place we did for 1st central bank is quite disappointed. i think it's time for africa to rise. all, especially from west africa, rejects economy colonialism, france has imposed on its and us president joe biden is in the middle of a long awaited visit visit to neighboring canada, where he jumped at the chance to take a job at the perceived threat, posed to both north american countries by china,

canada and the united states acknowledge the serious long term challenge to the international order posed by the people's republic of china, including disruptive actions such as economic coersion, non market policies and practices, and human rights abuses. not all locals and ottawa are happy to host joe biden. as a group of protesters took to the streets to call for canada to leave nato while criticizing what they call imperialist u. s. foreign policy. we spoke to canadian journalists and activists. i've angler, who said ottawa is ready to sacrifice its economic interests for the sake of supporting the u. s. narrative. china is the most populous nation on earth and as a country that has done well economically over the past couple of decades is increasingly challenging. u. s. power in, in, in asia and the u. s. has been the single dominated power and

recent decades and wants to continue that. and it sees china's economic rise and growing diplomatic and other influence as a threat to its destination. unfortunately, mckaden government is, is joining this increasingly belligerent policy that has us setting up basis in, or bases in the philippines. more forces in japan, south korea, to basically try to taiwan, to try to contain china. and i think it's actually quite contrary to the interests of the, even canadian, much of canadian business. but the intelligence apparatus and we created military. and the arms producer is very much c containing china as, as serving the, the u. s. empires interests canada was especially vocal about washington and auto was partnership when it comes to imposing their values on other nations with prime

minister trudeau warning of the consequences of descent. are we know we are better position than just about anyone else and those friends of ours who share our values and our democracies around the world will benefit from the strength and the relations they have with us. and those who choose to continue to turn their backs on the environment, human rights on the values of freedom and dignity for all will increasingly not be able to benefit from the growth that our society's that our communities are creating every single day. part of that decision to exclude certain societies from economic growth has, involves a harsh sanction policy. with one example of being both canada and the u. s. imposing restrictions on iranian individuals and entities. since 979, washington has frozen toronto bank deposits and banned american produce and medical

exports to iran. now the us admit that the plethora of restrictions have not been able to achieve their desired goals. our sanctions on iran has created a real economic crisis in the country, and iran is greatly suffering economically because of the sanctions. has that forced to change in behavior? the answer is much less than we would ideally like. europe has also impose new sanctions on to ron for the recent crackdowns on protesters, demonstrations in the country rope out last september, following the depth of a midi after she was detained by the country. morality police were allegedly failing to properly where the mandatory and a job of us as lonnie general director of the far as news agencies. international department says the was the sanctions contradict or a legit support of the iranian people. the united states has excessively use the

sanctions against many countries, including iran. this excessive use from time to time has backfired because the most sanctions are supposed to change. sometimes a system somewhere or sometimes at least that behavior of that system. none of these, let's say goals have happened v, iran. i can refer to 2 kinds of contradictions. when it comes to on the one on the one side, they're talking about the longer the and talking to you wrong. but that the same time they are imposing sanctions, applying pressure against the country. this indicates economy in contradiction. the 2nd point is that they claim to be supporting you really, men people. how can you support, let's say, ordinary people by imposing sanctions on the country. if they really want to support the people they can lift the sanctions. but because the primary goal of the

sciences are ordinary people and this quite indicates that they are somehow their claims and their wards do not meet their actions practices. saudi arabia and syria are close to restoring diplomatic relations, following negotiations, reportedly mediated by russia. the diplomatic breakthrough comes after rounds of discussions and moscow in riyadh over recent weeks, according to saudi and syria and officials. the deal between the 2 governments is said to be on the table before a potential april visit by the saudi foreign minister to damascus. meanwhile, the 2 nations have agreed to re open their embassies. according to state media. the countries did cut ties in 2012 over the syrian presidents response to the arab spring protests, damascus and re as potential reconciliation comes in the wake of saudi arabia enter . ron recent diplomatic reproach meant journalists and briar hi deer. mustafah says

that reconciliation between saudi arabia is important in the context of an ongoing rejection of us influence in the region. the time is the time we have a major restriction of the u. s. influence here in the middle east terminal this, that this is the kind of decision of the companies in this region to get them to see. the russia has a very important for people to talk to the intervention. not only can clean, but also i believe that after the ordering, the balance in the board has changed. and it became clear to me that that was one of the pieces or with the sort of, i believe the development agent, especially after this help you in the computation. the model has become different,

you know, will many issues cannot be resolved without operation with them just by lifting its joking suspension of russia and bella ruse, the world of flex council, says the countries remain barred from competing and international events for purely political reasons. over the conflict in ukraine, the consul agreed to the reinstatement of the russian federation following 7 years of suspension due to grimace institutional doping violations. however, athletes, officials and support and personnel for rush in belarus, still excluded from competition for the foreseeable future. the russian athletics federation was banned in 2015 after the world anti doping agency accused moscow of state sponsored doping which russian officials strongly denied the world athletics

council says moscow has agreed to comply with 35 special conditions under a restatement plan to establish a 0 tolerance culture for doping, some russian athletes were allowed to compete at the tokyo olympics in 2021 under a neutral flag. but that program has been scrapped due to moscow's military operation and ukraine. international olympic committee president thomas boff, has branded the latest restrictions politicized and unacceptable professor of sociology at ash and university and former sports and media lecturer. ellis cache moore says that the measures against russian athletes are a thoughtless reaction to punish everything to do with the country. i think it is a meaningless relaxation of one done on a substitution with another because russia is still banned from athletics and will not be able to compete in any kind of international track until competition. in

a sense, this is pointless. the band will remain in place until russia withdraws from ukraine. that means that we don't know when and if that will ever happen. so we now have an infinite than replacing the bet on doping. it is a reaction, a thoughtless reaction to punish anything to do with russia. now the people who are involved in training and competing, whether it's in athletics or football, or tennis, or any kind of school for that matter, they are helpless to do anything. so in the sense that this is a band that has absolutely no meaning for how to come in a positive way. that's the route for now and coming up former pakistani prime minister, him wrong concept, sound to discuss us involvement in the plot to depose. and last year bus more on

the current geopolitical world stage. next i'm going underground stick with, ah

ah, victim would important to have with them for to begin to reset. it surely was this because they did to squint it to keep you in the cafeteria pityingly. you you owe for you quite teach the way. know i'm reaching out. sure to school and you should have some good bull valley bro. to repair or how she's emma wishing? i chin. i'm a new movie, but the woman was more more william for from sterling from bush. not so mostly. i'm all day. glad of giblin you what they came to the net. i'm just i get a month for saddam most donnelly. i'm over the summer of 32 river carson bra. i used to shy finish. this is just bullshit for the national wouldn't come thing to

do friday, the my poor. you ordered a book before i move a shirt and shirley nissan dealership benefited induction. isn't this? ah, ah, [000:00:00;00] with i'm action or it's antsy and welcome to going underground, broadcasting all around the world from dubai in the u. a. in today's very special episode were joined by the democratically elected 22nd prime minister of pakistan. imran khan, overthrown one year ago, ostensibly by the country's national assembly. since he was overthrown, he has been shot as well as charged with dozens of crimes from corruption to terrorism,

with attempts made to arrest and assassinate him. we must tell you that if you're watching this broadcast on saturday, this episode was filmed on wednesday. the 22nd of march, 2023, former prime minister and chair of the pakistan to regain self party. around con, joins me now from law hor, capital. a fungi province in pakistan. thank you so much. a man for coming on the show. it's been so long since i interviewed you lost in, in london. when you wanted to be prime minister since then, you've been overthrown. you've been shocked and injured. your family has been targeted. our real are the assassination plot against you right now as we speak. addition. lot, unfortunately are real. the attempt on me when i was very lucky, i'm lucky to be alive. when she put it on my legs. i was wanting for almost 2 months before the

a didn't i give the exact manner in which they were going to try necessitate b and other blame it on a religious fanatic. but it was all done by people in bol, the prime minister. they did or minister and one senior intelligence agency guy, and they had planned this matter a nation. and i was lucky to be alive, and unfortunately they're still in a position of power. and so therefore, even though the investigation has started but the schedule, the investigation because it was pointing in the direction of a proper goes through a c on the lines which i predicted. and therefore they just, they sabotaged the investigation. so the trench israel, because these people are sitting in bower, they are petrified, but if i win the elections there would be in trouble or held accountable. so they