[000:00:00;00] ah mm hm. unrest across the global financial system continues as the largest german bank loses 20 percent of its value and less than a month. that's after several us banks crash, resulting in 2008 style bail out the by did administration blew up north through pipeline to gain control over western europe, especially germany. that's according to investigative journalists, the more per pipeline that shows control full of gas and windows coming. you know, he was gonna open up the pipeline and make it do its job is to transfer even is

gonna make the people warm, make the businesses happy. and so we didn't give me that option us by present. pamela harris has said to visit africa later this week. i made concerns of washington over the growing russian and chinese presence in the continent. ah, good morning. this is our to international with the latest world news updates. i'm fiorella is about great to have you with the risk of a global banking crisis looms ever near as deutsche bank. germany's biggest lender lost 20 percent of its value since march registering a drop in stock of 9 percent as reason trading closed. the rumblings in the market started after 3 major american banks suffered a crash similar to that of 2008 the u. s. government was quick to intervene,

bailing out the banks and handing out significant sums of money to the financial. but that didn't stop the chain reaction already felt in europe, where most major banks are losing stock and where credit suisse one of switzerland's major lenders has been 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 guarantee that the american taxpayer is not gonna have to pay a penny. the banks are in pretty good shape. i think it's going to take a little while for things to just calm down, but i don't see anything it's on arises about to explode. as you're run, chancellor, olaf schultz also claims there's nothing to be concerned about. our corresponded che 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. divide, i sent a liquidity selfish out 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 the streets aside, 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 a 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. we will use our son. i really think i feel a lot of fertility in light of the current situation, honest 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 in warn you off is a merger between her, her credit suisse, and a u. b. s. a is a kinder off the truck, good marriage between 2 lame dogs, of course. ah, to situation with her except the street. i was going badly, but you be s as now a longstanding is 3. 0,

off 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, the crises for audrey 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 civilian fact that we had now this kind of huge monopoly. ah, we have to remember that both the u. b. s and at credit suisse before the manager, words are mos too important streets banks is a situation we at now is a kind of concentration, but not the concentration of good banks, but concentration of bad bags. and if this kind of situation is not directly addressed, giggles directly fixed by authorities. these a government will b, z us sent a central bank. then we will go on for

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 warf those very economies they are 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 their societies from the devastating consequences they face when the bankers under backers just keep getting it wrong. while enjoying a complete lack of accountability. that mark has found an unknown object near where the north stream pipeline was damaged after a massive blast last september and will invite the russian controlled operator of

the pipeline to recover it for analysis. it comes as investigative journalist, seymour hersh, explain, but he believes stands behind the recent us prob, blaming a pro ukrainian group for the attack. you can watch a full version of this interview on direct impact throughout the day here on our tea. but for now, here's a preview why the united states seems to have and i'll use this word and you tell me if it's over used not in this case, invented or planted this most recent story. why are they doing this? because they the, the united states, those who did it, they know the president did it. you know, another way of asking this question that no reporter is asking a press conference, the, the let we blow up the pipeline and pipe and biden's. okay. i can tell you one thing about the ca when it wants to do something down and dirty. they know how to keep it . they know how to keep it small. you know what i'm saying?

yeah. the people who know very small and the president wasn't really getting briefed. the director was the final point. yeah. the guys in the and the less that the white house knows the better because it's a talkative whitehouse. the difficulty of the emission and it was, by the way, what, what the intelligence community did. there was quite spectacular, even though that they, they didn't like the end. but they were given assignment, come up with an option. if you want to blow up the pipelines, you have to do it in such a way that we can't be blamed. right? the war is by september when, when biden said, let's do it, gave the order. the war was certainly sold out. and we've put now 12015120 1000000000 dollars into that war. and western europe was being asked to give more and more. and the concern was, they could see in western europe. and in germany, what we want being told too much at this war was going nowhere so,

so they were concerned if it blew up right after our ships or our military exercises that we were doing there happened. everybody would know we weren't exactly right about that. so the idea was the weight, but why you picked 3 months and 3 and a half months, the weight was the question, i wonder why did he suddenly do it in late september? because to get back to the point, the war wasn't going well as he was afraid that europe was going to begin to walk away, particularly the germans, germans, after world war 2 are not interested in a big military, but winter's coming up for europe. and yeah, the was, he was going to open up the pipeline and make us do his job as chancellor even make the people warm make the businesses happy. and so we didn't give him that option. western europe doesn't have a gas and oil. we've always had worse than your expect. ah you as my further com o'haris started a week long trip to africa this weekend. she's due to me with the leaders of gone

out 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 our teeth crumble a top my explains. this will be common to harris's 1st visit to the african continent, but no one seems certain what the objectives behind his visit is. as use internet said she will be in gonna, tanzania as well as zambia. but one thing is for sure we know about the. busy uses at least tentative position with regards to its former influence on the continent following a void of some 2 decades in which is seen china moving in and the growing influence of russia. and this seems to be very much a guiding of as visit as the us 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 informing this visit the triples transfer the united states partnerships without african and advance. so share efforts and security and economic prosperity 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 a china as, as a villain, blaming and 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 jenkins jaelyn the us 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 arthur, specifically, if the u. s. is in a tug of war for the continent in order to win the influence here on african grants, 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 win 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 asper adamos gar, bussed as 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 warranties where the, until this sentiment is very, very high, tanzania will look the way just to deal with our chinese debt. and if you call back to do gonna most of their suffering on the challenges they are printing regarding the inflationary guardianship crisis by the fuel crisis and rising cost of living

is currently blamed on the m f dept. which is also, of course, forward to by the years, if you go back to london, you're 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. oh, do you and what did your to thinking? i think i used to be on africa, knew why the friends china has been very disappointed in tons of different infrastructure. i didn't, didn't necessarily when, when diplomatic approach that been, if you bought africa and china, and if you look at what happened from russia recently brought him to putting to prison of russia. clearly stated about $20000000000.00 of dep live law for countries. this is from do not africans are celebrated. so i don't know what to do as a time to come and do, but to the best of my knowledge, i don't think visual as big any big, strong positive outcome from dot net in just purely one sided and driven by their own self interests. even ident, out of africa. so that is not that much you've done. is it one sided relationship

in relationship, but only when it benefits them is when they're what, when, when it doesn't benefit them, didn't go rigid. ah, nigerian president mohammed bihari has urged his citizens to share their food with those in need ahead of ramadan. as the country suffer from 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'm particularly aware of the activities of treatise officially increase the price of their goods, including food at the beginning of every ramadan. according to the latest un 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

a $1000000000.00 is needed to help the nation up 18 percent from last year. another major issue facing nigeria is that of terrorism from the vocal, herat, militant group active in several parts of the country since it emerged in 2009. the group's activities have claim thousands of lives and displays 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 vo colonialism that the french have imposed on its was helping them. so he and bill and the child basin and the francophone west africa is a curious case in how, where see europe as mismanage. 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 on bill. you know, it's very disappointing. why, why does it is also very disappointing that the french government, my know, my cronum is all, it's pretty social. nicole as the 2 or how long? who's the media procedure for you? so, so for one of my chrome, i think pulls the sci fi the front of the sofa on, on francophone, west africa. and i have a situation where 50 percent of the reserves of the central banks of parking from, with african countries, at least 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

washington is said to appoint a special on the line, bela raised to support opposition leaders in the country. that's according to the u . s. secretary of state. can you talk about what you're thinking with respect to a special envoy for bell roofs and when, when might we see that appointment happen? no. thank you very much center for raising that. and yes, a to things, as you know, day in day out, we have the vilnius based of with when he of ace beatrice affairs unit that's embedded in, in our embassy. and they're doing the day in day out contact. because so much as you know, the democratic opposition is in is in lithuania, but a to your point. i were very actively looking at moving forward the special envoy. what i'm considering right now looking at is dual, having a very senior official in our european affairs bureau to also service the envoy to be able to then go in and out, engage senior levels with the, with the opposition, even as the dealers affairs unit. that's based in lithuania,

does the kind of day and day out engagement. while washington openly supports the political opposition and bell ruse, it still accuses russia of meddling in u. s. internal affairs for mc using former president at donald trump of siding with the kremlin to manipulate elections, to hyping up hysteria and mass media over his elected ties with russian president vladimir putin. probe involves the media companies acceptance of $8000000.00 from a source with suspected russian tides about how our former president consistently sent signals that he was not on ukraine's side. he was on prudence. russia state media backed the republican candidate, donald trump, a man known for his affinity to wants russia, according to earl ross, museum, retired us lieutenant colonel washington's plans for bella rues, are yet another attempt at foreign meddling something. the u. s. itself would never

tolerates. we would go absolutely crazy. we would probably sanction who knows, who knows who would probably have joe biden on the phone with somebody or were in lincoln it would not be, it is not accept that would not be acceptable. united pointing a formal representative to, to interface and, and work with the opposition. i mean, it's clearly clearly, you know, it looks like they're going to, once again go down the central regime change. though it just is the indicator of the arrogance within our foreign policy. and it kind of like, almost like we feel that we're the rulers of the world and we can do as we way. so i think that will, it is just another symbolism, i think that will further alienate other countries and make them very,

very cautious on dealing with you as president joe biden is in the middle of a long awaited visit to neighboring canada, where he jumped at the chance to take a job at the perceived threat post to both, both north american countries by china, canada, in 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 in 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 as i can. i'll make 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 decades is

increasingly challenging us 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, the catering government is, is joining this increasingly belligerent policy that has us setting a 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 their arms producers very much see 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 to do a warning of the consequences of just said a, we know we are better position than just about any one 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 back from the environment, not 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 involved a harsh sanction policy. with one example being both canada and the u. s. imposing restrictions on iranian individuals and entities. since 1979, washington has frozen trans bank deposits and banned american produce and medical experts 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 turan for its recent crackdowns on protesters. demonstrations in the country broke out last september, following the death of masa meanie after she was detained by the country's morality police for allegedly,

failing to properly wear the mandatory the job of us as lonnie general director of the foreign news agencies. international department says the west of sanctions contradict their elected 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 the goals have happened. v. iran. i can refer to 2 kinds of contradictions when it comes to rest. on the one on the one side, they're talking about the long 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 support the people they can lift the sanctions. but because the primary goal of the sanction are ordinary people and this quite indicate that they are somehow their claims and they have wards, do not meet their actions practices just by lifting its joking suspension of russia and bella, bruce the world athletics council. so the countries remain barred from international events over the conflict in ukraine, the conceal grid 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 accused of state sponsored doping which russian official strongly denied. the world athletics council says moscow has agreed to comply with 35 conditions and very reinstatement planned to tackle doping. some russian athletes were allowed to compete at the tokyo olympics in 2021 under a neutral flag, but that program was scrapped due to mosque was military operation and ukraine. international olympic committee president thomas bock, has branded the latest restrictions politicized and unacceptable professor of sociology at aston university and former sports and media lecture. alice cashmore says that the measures against russian athletes are a thoughtless reaction. i think it is a meaningless relaxation of one done and the 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 is since this is pointless to ban will remain in place until russia withdrawals from ukraine. that means that we don't know when, and if that will happen. so we now have an incident been replacing the 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're hopeless to do anything. so in the sense that this is a band that has absolutely no meaningful outcome in the positive way. that's the latest news and coming up

a career veteran usd agent gives an insight into taking down parts house and how he exposed the cia for trying to stop him next on the whistle blowers. thanks for tuning in staples. ah ah ah ah. i am rick sanchez and i'm here played with you. whatever you do not watch my new show. certainly why watch something up. so different. my little opinion that you won't get anywhere else work of it. please do have the state department to see i weapons, bankers, multi 1000000000 dollar corporations,