ah ah, 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 bank crash, resulting in 2008 style bailout. the byte and administration blew up the north string pipeline to gain control over western europe, especially germany. that's according to investigative journalist, seymour hersh. pipeline that shows control the full and guess i'm with no, he was gonna open up the pipe board and make it to do his job is to transfer even gonna make the people warm make the businesses happy. and so we didn't give that

option you advice president comalla harris has set to visit africa later this week . and it concerns in washington over the growing russian and chinese presence in the continent. ah, good morning, this is art 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 recent 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 sector. but that didn't stop the chain reaction all ready fall in europe,

where most major banks are losing stock and where credit suisse one of switzerland major lenders has been bought by a competitor with the 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. post savings are secure. and even those beyond the $250000.00. so if t i c is guarantee the american taxpayer is not going 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 in china arises about to explode as german chancellor. all sorts also claims there's nothing to be concerned about. our correspondence. j bowels 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 behemoth 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, it's inefficient. 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 open dispute society and insolvency of credit suisse, would have had severe consequences for national international financial stability. and for this was economy in taking this risk would have been a responsible. this new super bank born out of a hastily arranged merger, now has a value that completely to war. 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 mom is,

there won't be any 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 don't quickly, we will use our son. i really think 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 it kind off her hug and marriage between 2 lame dogs, of course, ah, to situation with sir a cap decreased. i was going badly, but can you be s, as now a longstanding is 3. are all bad records are in banking? and i'm, i don't believe that as he's kind of mariage

a clue. so into long term the crises for ordinary workers and communities, it essentially means that regardless of what your economy actually produces, beat a 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. so they were in fact that we have now these kind of huge monopoly. we have to remind us that both the u. b. s and decreased before the magic words are mos 2 important suites banks. as a citizen, we at now is a kind of concentration. but not the concentration of good banks, but concentration all bad bags. and if this kind of situation is not directly address, get ricky fixed by authority. b, z government, a, b, z us sent a central bank. then we will go on for a long number off, recurrent fries east. 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. 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. this comes as investigative journalist

seymour hersh explained what he believes stand behind the recent us prob, blaming a pro ukrainian group for the attack. you can watch the full version of this interview on direct impact throughout the day here on r t. 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 years dot, 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 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 funnel 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. all right, we'll be right about that they. so the idea was the wait, but why you pick 3 months and 3 and a half months? the wait 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. if he was afraid that europe was going to begin to walk away, particularly the germans, germans, after world war 2 are not interested in the big military, but winter is coming up for europe. and yeah, the was, he was going to open up the pipeline and make us do his job as chancellor. he was make the people warm make the businesses happy. and so we didn't give him that option. western europe as it had re, gas and oil, we've always had worse than your expect. ah, you as vice president comma harris starts 8 week long trip to africa this weekend. she's due to me with the leaders of gonna tanzania in zambia. it's the 2nd high level visit to the continent by

a u. s. official and recent months and comes as washington seeks to rival the rising influence of russia and china, as our teeth, corolla, toddler, explains, as will be common to harris's 1st visit to the african continent. but no one seems certain what the objectives behind this visit is. as use intimated, she will be in ghana, tanzania as well as zambia. but one thing is for sure we know about the. busy uses at least tentative position with regards to it. so for my 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 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 informing this visit. the troops strengthened the united states partnerships without african and advance all share efforts and security and 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 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 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 lobby where it is, and we heard when germans jaelyn the us treasury secretary, when she came around earlier this year, she penned the car and food crisis on, on russia, following the conflict. ready in ukraine and a journalist as the specifically, if the u. s. is in a tug of war for the continent in order to win the influence here on african grounds, 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 asper adamo garber, says washington is not looking for any sort of mutually beneficial cooperation with africans. is all about just touching out associates and i'm sure look, even they're going to choose in east south and western africa. most of these countries are the warranties where the untwist sentiment is very, very high cousins. anya 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 crises 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. but beyond what did your to thinking, i think i used to be, and africa knew why the friends, china has been very disappointed in tons of different infrastructure. i didn't necessarily when, when diplomatic approach it had 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 from 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 you benefits them? when they're what, when, when it doesn't been, if you them didn't go rigid. ah,

now here in president mohammed will hurry, has earth his citizens to share their food with those the need. i had of ramadan, as the country suffers 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 am particularly aware of the activities of treatise, hurt, officially increase the prices of their goods, including food at the beginning of every rama, done. 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 are needed to help the nation of 18 percent from last year. another major issue facing nigeria is that of terrorism from the bulk of her

militant group active in several parts of the country. since it emerged in 2009, the group's activities have claimed thousands of lives and displaced millions of people, mostly in the countries north. france has been a long time ally in combating the threats. but after years of military interventions, parents 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 up in this i, he and bill chime basin and francophone west africa is a curious case in how we do the euro class 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

nigerian army to fight them. you saw james on requirement, you swap in child days in resign a young belt. you know, it's very disappointing. why, why that is also very disappointing. that the french government, my know, my cronan is all, it's pretty social nicholas a cozy to or francois, whose immediate procedure for he says all for him. i know my com as imposed to see a feel 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 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 a somalia continues to suffer from catastrophic hunger drought and conflict that you have cut funding to the country due to rising interest and the

diverting of a large amount of their financing to ukraine. we heard from locals have been effective by the development b u, which used to help somali or a lot now spends billions on ukraine to support that war with russia. it is mind boggling for the you to spend that much money in ukraine supporting a war that when somali risks facing starvation, it is so surprising to see d u, which is so passionate about protecting human right. now ignoring somalia, where people are dying of hunger, western imperialist countries only support each other. they don't care about africa or somalia, as you can now see, all western countries, including the us, have all abandoned this in are now fervently supporting ukraine, which is more developed in somalia. western countries have cited with ukraine against russia, but i believe these countries have an interest in ukraine now, hence their support because these countries only think of their national interest are traditional donors. the western countries are heavily funding new grain, which is far, much developed in us, and yet they still pump

a lot of money into it. but needy countries, like so malia are being ignored, and western countries have now diverted to support they used to extend to so malia to ukraine to overcome the current crisis in the region. the african union is requesting nearly $90000000.00 for somali as peacekeeping force or battling all kite, a link to all show bob extremists, there are concerns the african union force will not be able to operate properly due to a gap in funding caused by the huge change of priorities, it also puts into question the future of operation atlanta off the coast of somalia in the horn of africa, which allegedly sought to protect international shipping route in the region from prior piracy. since the start of the conflict, the european union has been actively supporting ukraine, leaving other countries in need of aid in the shadow of calves repeated request for more funding. last year the

e. u donated 35000000000 euros and military humanitarian and financial aid to cab somali received only 201000000 euros, which has put the eas priorities in question. we spoke to a political and security analyst, ahmed abdur, rashid, who says that it's important to provide aid to somalia as it has been suffering for the past 3 decades. thing. they the double standard, you know, when it comes to ukraine or funding other countries who are in a small in, you know, worse condition. it's more important to help somebody that has been in trouble for the cost for the past 3 decades. whereas ukraine, the amount of money that the west and it has given them this extraordinary gulf of aidan, is a very strategic walked away for shipping weigh approximately 33000 vessels that go through that particular area. and so it's very, very important for global shipping, and especially because we'll talk about just to you. it was definitely european

interest that caused them to go into that area in the 1st place. so mom is in dire need of help. they are in dire need of how people are helping ukraine in the conflict. i think people should hope so. malia in off against social, which is going on for 2 decades. you so i think europe on you have responsibility in aspect the west are so you focused on your plan. i think this should wake up and look for new partners across the world. 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 posed to both 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. that all locals and ottawa happy to host joe biden. as

a group of protesters took to the street, so call for candidates. so leave nato while criticizing what they call imperialist u. s. foreign policy. we spoke to canadian journalists and activists. i've angler who said all what is ready to sacrifice his 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 decades is increasingly challenging us power in, in, in asia. and the u. s. has been the single dominating power and recent decades and wants to continue that and it sees china's economic rise and growing diplomatic and other influences as a threat to its domination. unfortunately, the creating government 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 the 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 to do a warning of the consequences of descent. or 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 the decision to exclude certain societies from economic growth has involve the 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 bands american produce and medical exports to iran. now, the u. s. admit that the plethora 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 toronto 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 where the mandatory had job us as whiny 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 rest on the wrong. 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 raymond, 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 indicate that they are somehow their claims and they have wards, do not meet their actions practices that are up on the hour. and coming up

investigative journalist seymour hersh unveils what he believes are the reasons behind the bombing of the north stream pipelines. and what was behind the u. s. pro, blaming a pro ukrainian group for the attack next on direct impact and stay close. aah! ah, ah. ah, what we've got to do is identify the threats that we have. it's crazy even foundation, let it be an arms race is on offensive, very dramatic and development only personally and getting to disease. i don't see

how that strategy will be successful, very difficult time time to sit down and talk with sanchez. i've been doing news for 30 years in 2 languages around the world. and here in the united states, i've interviewed for presidents founded a $1000000000.00 business. i believe new should be honest, direct and impactful. this is direct impact. ah, we start this new cast with a name. seymour hersh. the reporter who wrote the very detailed story of how the cia under the direction of the by the administration blew up the nord stream pipelines. he has a new article out. it's called the cover up. and tonight, he's going to join us to talk about his latest reporting. by the way,

this new article by seymour hersh, which you can read for yourself on sub stack. and you should, could easily be called the cover story instead of the cover up because it seems to reveal how our government had to come up with or plant a cover story to compete with the one written by mister hersh originally to explain who blew up the pipe let's interestingly enough that cover story is now being widely disseminated there, spiegel, and germany, the new york times. and it goes something like this. the people who blew up the pipeline has nothing to do with the cia. it's a rogue team of sava tours who are pro ukrainian, but they don't represent the ukrainian government. now at this point i want to add something on a bit of a personal note. i like to jog with the new york times podcast. try to do it daily, in fact it's called daily. so recently i was listening and i heard one of the guys who wrote.