a, with her, with unrest across the global financial 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. divided administration blew up the north stream pipeline to gain control over western europe, especially germany. that's according to investigative journalist, seymour hersh pipeline that shows control full of gas and windows coming up. now he was gonna open up the pipeline and make it do his job is to transfer even gonna make the people warm make the businesses happy. and so we didn't give him that option. you with vice president comalla harris is set to visit africa

later this week. mid concerns and washington over the growing russian and chinese presidents in the continent with good afternoon for moscow. this is our team or national with the latest world news updates. i'm peralez about great to have you with us. the risk of a global banking crisis looms ever near as deutsche bank, germany's 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 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 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 the financial system going through turbulence. the u. s. president didn't seem phased by the worrying trend book. i think they've done a pretty good job people. so savings are secure. and even those beyond the $250000.00. so if t, i see his guarantees an american tax payers not going to have to pay a penny, the banks are 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 china rises about to explode. as german chancellor, all of sholtes also claims there's nothing to be concerned about. our correspondence. j 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 certainly could it, 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 opened this week. and in 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 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 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, some of what i did, he say, 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. off some merger between her, her credit suisse and a u. b. s. a is a kind offer hug, and marriage between 2 lamed acts. of course, ah, to situation with a kick decrease was going badly, but u b. s. as now a longstanding aisd creeps 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, the 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 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 a treatise, reese before the merger 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 addressed, get ricky fixed by authorities b, z government or b, z. ours 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 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. denmark 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, explain what he believes stands behind the recent us prob, blaming a pro ukrainian group for the attack. you can watch the full version of his interview on direct impact throughout the day here on our 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 united states, those who did it, they know the president did it. you can to another way of asking this question that no reporter is asking a press conference out of the, the that we blow up, the paypal i'm and pipe and biden's. okay. i could tell you one thing about the cia when it wants to do something down and dirty. they know how to keep it. they know how to keep it small. that you know what i'm saying. yeah. to people who know very small and the president wasn't really getting briefed. the director was the funnel

point. yeah. the guys in the field and the less that the white house knows the better because it's a talkative white house. 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? that war is by september when, when biden said, let's do it and gave the order. the war was certainly sold out. and we put now a $121520000000000.00 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 and so they were concerned if it blew up right after our ships or our military exercises that we were doing there happen. everybody would know we were not right.

exactly. right about that they. so the idea was the weight. but why he picked 3 months and 3 and a half months to wait was the question, i wonder, why did he suddenly do in late september? because to get back to the point, the war wasn't going well, is 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 then there was, he was going to open up the pipeline and make his do his job as chancellor. he was and i 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 western europe back. ah, you as for then, joe biden is in the middle of a long awaited visit to neighboring canada, where he jumped at the chance to take a job. but 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 coercion, 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 the call for candidates 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 is economic interests for the sake of supporting the u. s. narrative. china is the most populous nation on earth and of the country that has done well economically over the past couple of 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 extermination. unfortunately, the catering 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 the military and their arms producer is very much c containing china as, as serving the, the u. s. empires interests the u. s. president also touched upon alliance building, pointing at the extension of nato,

and the g 7 spheres of influence significantly extended our alliances. i haven't seen that happen with china and russia or anybody else in the world. we're in a situation. united states were nato, a stronger role together. the g 7 quad on japan and korea. i have my staff point out to me. i have now met with 80 percent of the world leaders just as a president were the ones expanding eliasis opposition? not name for me were vouch cohen, despite biden's comments on the growth of a western lead alliance data shows, bricks. countries represent over 3000000000 people, compared with around 800000000 in the g 7. the alliance encompasses developing economies, including russia, china, india, brazil, and south africa with their economic growth reaching more than 6 percent

less cross live to register secret, former secretary of the indian foreign ministry. welcome. so joe biden says, washington has more allies than both russia and china. but according to recent statistics, breaks unites more than 3000000000 people compared to the g 7th. less than 800000000. what's your take on his statement? well, it's not a bond or for any alliance. i don't know why president barton mentioned india, because india has always been firmly opposed to alliances. we were a leader of the online will learn a reflection of our strategic economy. and today also, we are a big partner up united states. we have close relations with the united states in many fields, but we are not ally. he also mentioned about the quote which are in the

indian perception does not have a security dimension. goes through and link corporate climate change technology and so forth. so i don't know why he has included india as an airline because an ally is hollows. the lead of the alliance in all matters. and india takes an independent decision on matters which are in accordance with what seems to be national interest. while talking about the latest developments, a minority of countries have joined western initiated sanctions against russia with moscow building close economic ties with many states like india and china over this last year. is this an indication that the isolation and thanks and policy of the west has failed? i think there is no trade relations with russia have greatly improved in the last year. we are buying more energy, oil,

and gas and other materials from russia. as never favored sanctions. outside the united nations, we don't think that countries should unilaterally impose sanctions and then insist that the other countries around the world should follow them. well, that's a matter of principle as far as india screenshot. well, something interesting here just happens. saudi arabia recently re kendall ties with iran and syria changing the whole geopolitical landscape in the middle east. does that mean that the shifting reality on the ground differs from what joe biden is saying? i think for the last decade or so, the geopolitical landscape in the gulf region has been changing very rapidly. and it's a welcome development improvement of relations between iran and saudi arabia to big

bowers in the region. and i think that the long term interest, soft regions require while ration between all stakeholders, who i was think that india also has huge stakes in the region. because we have about 9000000 indians living and working there. we have good guys with it on which is the main route we have for accessing central asia with saudi arabia. again, our relations have been greatly reenforced, lee. so anything that is done to reduce tensions, really the more cooperative climate and atmosphere is something that india welcomes . well, given the recent changes just mentioned, do you believe the u. s. still enjoys the same level of influence as i did before in the middle east region. i think the united states itself has signaled over the

last few years that it would like to disengage a little more from the regions. and i think the countries of the shows have understood that perhaps the larger and long term interest lies in, in a cooperative arrangement. with the neighbors, rather than depending on the outside powers to sort out the differences or sometimes even a problems. so i think that there is a general feeling in the region that we should try and take care of our security by ourselves as far as possible. and in war or countries that have a genuine state in peace, stability, and progress in. as i said, india is very important. clear in this region, rajiv. see,

kerry, former secretary of indian foreign ministry, thank you very much. thank you. ah, u. s. vice president comalla harris starts a week long trip to africa this weekend. he's due to me with the leaders of gone at tanzania and zambia. it's the 2nd high level visit to the continent by u. s. official and recent months and come to washington state to rival the rising influence of russia and china as our teeth corolla top law explains. this will be camilla harris's 1st visit to the african continent. but no one seems to certain what the objectives behind the visit is. as use intimated, she will be in garner, tanzania as well as zambia. but one thing is for sure, we know about the u. s. is 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 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 informing this visit the triple strengthened the united states partnerships without african and advance. so share efforts and security and economic prosperity to resolve 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 a 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 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 us treasury secretary, when she came around area 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 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 win favor and friends. but the as, as a lot of catching up to do, and they may be joining the site already. a beck, nigerian president mohammed booth har, he has urged his citizens to share their food with those in need ahead of ramadan. as the country suffers from skyrocketing prices, the leader went on to condemn unscrupulous sellers to 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 prices 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's estimated that more than a $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 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 threat. but after years of supporting the multinational joint task force, paris apparently has little to show for it newly elected president mohammed doable

har. you has pledge to open a new counter terrorist search center to boost the fight against insecurity in the region. let's discuss now with political analysts and human rights activists. amen. she who nigeria recently held a controversial presidential election in your opinion, will the new president be able to handle the security challenges the nation continues to face. ok, thank you for this opportunity from us, especially in me that is coming from my degree burn on to the front of the book or around region said that was affected by the insurgency for almost 10 years. our only be optimistic to say yes you will be able to, but to under a lot of some conditions, looking at data is betty right. as a result of the election,

that really happens. you have people who decided to make the choice based on ethnic eileen nation. people who wanted for people that they ting tied the tribesmen. so again, really i think i've never been so polarized. like in a moment, ladies, when people know everyone is looking for the king's men to go over the country. one, be at me. ellison, where have been the president elect, tunable and also his vice presidential team who went to be from my own community here and but mostly why is that alicia? to my you, by the way then he is the governor of for most pay be sent out book paul most a g s. and he has been in it for 4 years now. so many good, which is they must have this knowledge and then the bug out i did the context of what this problem is. so if they can be able to put their houses in order and bring

the best brand, walk together, what ensuring that they can be able to holistically add. that is the problem i think will be in often these are nice. i can say yes, they can be able to handle that, especially looking idea of what i mean that for the present he has been one of the most customer fully turned to him and julia lagos before and now he's track record idea though that are some groups who are claiming that edge is not a new site and he needs to get is plain to be so does site to be able to file form a come through leg, man, julio. so for me, i think when you have these 2 people, combine their own airport and in expedia in handling such a thing. i think julia can be able to 100 political crisis because they're in that clarity just different because from the northern part of the country, the problem is about the issue booklet her up when you go to do not central. now

it's about the issue of the kid, my pin that you saw when you know, when you go to decide the part of the country is also about the i for the issue to help and enjoy the context is really different. so bring in actors with different background and then different knowledge to what, what they establish assistant to fight this. this man is really going to be important because nobody can be able to fight. it allows you to do this, but it is right. so in that case you believe that nigeria might need other allies. i mean it's given the previous western involvement or what's dumber. calling neil colonialism. will it need new international partners? well, for me as a civil society, that is all been on the ground. that side indifferent, local and international conference with different lindy grow. and i think the peculiarity to and in the program is usually a home grown problem. and i think if we can be able to handle the home grown,

i think it went to be difficult to handle it because i've shown that the they need you. judy comes along with the implication. you can see when doing the former president will love janet and he reach out to africa to bring some missionaries, provided the end did not justify the means. and then now we have the more international joint outlook for me that is coordinating the symbol for fight in the region. what i would recommend in terms of what julia need, he's now so place to catch kaufman support in terms of capacity to the military person and, and also the technology to be able to pay these fighting. because along the line you can see the relationship that call me it's a lot of implication for you when you come to the you can come back to my the region. i. ready i knew i was, i grow up now when you ask about what we opinion about having this issue between and julia and him front about the issue of the booklet. so just tell, you know,

we don't, we don't trust friends to come into nice that you see a different region have different perception, some very funny ones, the lady to religion depending on the country though, would be a d, b region one essential bit. so for me, i think what and then julia know is support. i don't even recommend increase funding to the security, i guess is because having us here, we understand that that a little corruption that happened in the past in the security to say where billions of native budgeted to for the to fight. this is just the vices. but you the end of the day when you look to see what you hear budgeted, what you find in the ground is quite different. fighting east about all the capacity of the security personnel. let's give them the militia let motivate them so that they can be able to provide the 500 for the country and these capacity to come me through different ways. so i don't think at this moment ladies now get

a dozen team need because the problem is about systemic life for the book or, i mean it's against the all of us. we agree that big business of this problem is about lack of good governance. but in the military, on a lot of opportunities to new and a lot of people don't have the services, they require us to do this and you find just people way to get it cannot be able to also get opportunity to now show change the talent they have so that's what miss some of them. when does the case, let me join the insurgents to see that i have to get my daily bread even to illegal means. so anything, why you sorry to interrupt you, but we are running out of time. thank you so very much for your discussion. political analysts and human rights activists. i met you who think, you know well that's.