tom was, but at the law. ah, the headline don't often international that same right. there are a wall street journal reporter, now facing 20 years in prison, after he's detained by russian authority, potentially looking at charges of espionage on behalf of the us government. american congress reject legislation to increase the oversight of the 1000000000 was sent to ukraine despite the concerns of regular everyday americans about why the tax payer dollars can continue to be suspended so far away from brazil and china striking a deal to ditch the us dollar coating to their own currency used to bilateral trade the

and so much to tell you about this, our program on our team to national the suspected espionage, a new era for china, you on currency and the accelerating evolution of the multi polar world. but for right now, straight to the top story, and russian authorities have detained a wall street journal reporter on suspicion of engaging an espionage with the us government. moscow court has ruled to keep the journalist behind bars pending an investigation. as we turn over now to our correspondent marina caught her f. i. she's outside the moscow courthouse where the american was taken to. there's a lot of thrust here at the moment, waiting to catch any glimpse all the american journalists and any time the black car behind me makes any sort of noise like right now. we believe that the american journalist is in that car right now. the black car that is deporting this core room, you can see there we go. and we believe that even girl school, which is now leaving the most go courts. and as we can see, there's not only lots of thrust here,

but some heavy duty armed guards. and that's because earlier in the day this court received a bomb threat that had to be evacuated. this is shortly right before even getsco's actually made it here. but since then they checked everything, everything was okay and the, the preceding returns ah, back to normal. and we heard that the chief investigator asked for even girl courts to receive espionage charges. now once again, this all comes after the f as be released, the statements where they said that they detains on the american journalists in the city of you got it in book while he was receiving the secret information. now 32 year old reporter. ah, he's been working for the moscow bureau of the wall street journal. previously he worked for the moscow times. ah, he worked for agency france price. he was in accredited a journalist. he had an accreditation from russia's foreign ministry. and this is what the foreign ministry had to say about this case today. what this employee of

the american publication, the wall street journal was doing in located in the book has nothing to do with journalism. unfortunately, this is not the 1st time that the status of a foreign correspondent along with the journalistic visa and accreditation, was used by a foreigner in our country to cover up activities that were not journalism. this is not the 1st time that such a westerner has been caught red handed right now that will be looking into his activities here in russia were heard from, ah, the kronen spokespersons, ms. scott, who earlier that he was caught red handed, meaning that they have the evidence to charge him. i would assume. so right now we'll be waiting to see what the outcome is after this hearing and will no doubt be given you more information. as soon as we have it earlier in the program, we discussed these allegations of an american reporter spying on the russian defense industry. with independent journalist, mike jones and former us marine john duke and is no secret, especially in this day and age that the american journalistic structure.

all of them just about are working for the united states government. it really depends on what this individual was trying to get, but if you're trying to get military secrets related to like weapons like how much they're producing or anything like desk that's very detrimental to russian security . and you know, they can't just let something like that go, unfortunately, trying to gather a secret information is not a normal thing that journalists do. i mean, they report on the ground in different countries. but you're, you're not really supposed to be going to weapons manufacturers and trying to obtain the secrets. i would expect a lot of spin on it and down playing his role and why he was there were speculating at the moment, but i wouldn't be surprised if it were to do with perhaps even the production of

ammunition levels. because we know that the west is very concerns. you can't seem to ramp up their supplies and pops. he's trying to ascertain just how capable russian industry is. if indeed this is as it is, claim to be. again, it's another level of desperation. i feel of the u. s. in the collective west as they desperately try to scramble to gain some advantage in that huge blunder and mistake that they've made and they're desperately trying to trying to back pedal the u. s. congress has rejected an initiative to closely monitor the billions of dollars and overall aid being sent to ukraine. that's just by demand. so the us make sure that the weapons that are sent actually end up where they are intended. this body has spent to date $113000000000.00 on the war and ukraine and county. and yet we do not have any direct oversight of any of the money that is

being spent. listen, we learned this the hard way. and if dana stan, u. s. media reports have said that only 30 percent of the american weapons sent to ukraine actually get to the front lines. meanwhile, the use border control agents because sound of the alarm about an enormous increase in gun smuggling. there been rising concerns among regular americans also about why the government is sending more than a $100000000.00 to ukraine. while those funds could maps you better spend, for example, protecting americans and the current escalating banking crisis. money to be accounted for. we need to know where the money thinks and not not fraud, it would feel better if we used our resources to support and aid our own people. and those pupils in our orders rather than going outside our borders

to, to a foreign country to make it better than that here instead of the other only obvious. so would you be surprised to learn that one of the main beneficiaries of the u. s. defense funding is actually that of the private contractors. they're estimates the over the past year. independent recipients got more than half of washington's entire national security budget. of the u. s. inspect the journal and dentist on has warned that this could signal corruption between the government and that of the military industrial complex. you are bound to get corrupt elements of not only the ukrainian or the whole government, but also of us government contractures or other 3rd party contractors to try to feel the money. there is just so much money going in and it's hard to keep track off. i'm not super optimistic that we're going to learn a lesson. i've been in washington since 92 and learning lessons is not in our dna

in the united states. unfortunately, just remember, let's give you a comparison and take a look at how the cost for the ukraine war effort compared with those of other major conflicts that essentially waste by washington. so, spending on military a to key f as actually surpass the annual us funding of its previous war and got us on the u. s. is also estimated. have spent on your credit and about half of the money i did on average per year in vietnam. and if you remember vietnam, and of course you're going to san war, we're both well, big failures for washington, including that of the massive tolls or the economy in public sentiments about the government. and there's still no clear indication of a potential limit to the u. s. commitment to the conflict in ukraine. well, we did speak a bit earlier in the program to us for the tenant colonel. karen, quit cowski a. she says says bipartisan support for ramping up ukraine's will effort. it's karen says, congressmen are often directly funded by what you guessed it, the military industrial company. i know how the u. s. senate gets reelected and

they get re elected through their relationships and the donors that they have in this country. and a, a many of those are from the defense sector and so, you know, it's not in their interest to reduce spending. it's not in their interest to ask hard questions that may lead to the reduction in that spent. that's exactly what would happen if we actually looked at this. there is by bipartisan support to continue to spend, as we saw with the senate. you the senate vote just recently. i think we'll hear more talk about it as they, as the various candidates, some try to lay the waste in the fraud and the destruction. on the other side, we know from viet nam and from afghanistan in many other places that we don't care about democracy. in fact, the only kind of democracy, the united states really likes is the kind that is allied with its current political interest. even though congress doesn't seem to have learned its lessons on afghanistan, i think the american people kind of have, and i do see

a more popular pushback against what the congress is doing. the americans are tired of this very tired commitment, and they don't see it in a productive. they don't understand what it's about and they don't even know the full history. and as some of that truth comes out on how long that this government, united states government has stoked this war, has tried to really sacrifice ukraine at this altar as they find these things out and they are beginning to they become angry. and so i don't, the support in this country is not there for increasing this. the only support i see is support to end the war this year. a spokesman for the un secretary general was left wondering what the facts are in an exchange with a c, g t and corresponded off to he said there were no american armed forces in syria at this. what's the, what's the difference? this lady trillion, syria is no attrition in syria and the situation you're king, there's no us armed forces inside of syria. and so at a so i don't have a,

it's not a parallel situation. you're sure there's no, there's no u. s. u. s. military personnel, i believe this military activity. yeah. but a but a but in terms of ground presence in syria, i'm not aware of that. okay. 5 us service members were injured in that attack. if there is no, there were no us soldier service members in syria. how could they got injured? but that's weird, right? should i have software on that one? well, this all comes off for a u. s. military space was attacked in syria just last week. damascus is accused us of stealing the country's oil under the guise of a supposedly anti terrorism operation. the u. s. which is believed to have had its forces in syria for nearly a decade, is open. he called the regime change a number of times in that country. and i spoke just a bit earlier to steven a so who e n a journalist and syria? now, according to mister hu, e n a, he says that america has taken the un hostage american appearance in the

inferior. yes, it is illegal in any country. if the government of the country and the leader of the country asked for help from an from a friendly country streets that cow syria did with iran, syria, the russia is legal appearance that is held from one prince to another friendly country. but the united states came in due syria and occupied you still here? yeah, we are all of the oil. well, the gas will and the week of syria and are harvesting them and pumping the oil and gas, stealing them and using this and, and using that money to fund the kurdish militia separate this want to separate and get into pieces. and that is why why? because they want to keep damascus, we did the student government and who's the president of dr. michelle?

i thought the ones that we why do they want to 3? because he's outside of the united states, and he doesn't go under the orders of the united states and the united states embassy today in the u. n. is taking hosted you by the united states. the european union says relations with china, dependent on the countries stands in the ukranian conflict, suggesting beijing should follow the western set schedule. any peace plan which what in effect consolidate. rationalizations is simply not a viable plan. we have to be frank on this point. oh, china continues to interact with proteins. war will be a determining factor for e. china relations. going follow it while lookout china,

the i'm elected queen of europe. ursula vander line, and the self appointed hall monitor for the global school yard is telling you that she and europe are going to be watching you while you hang out with russia, which it considers to be a bad influence on you. and just might decide to punish you if she doesn't like what she sees. and he's coming over to beijing next week with everyone's teachers, pet french president, a menu. and michael, and what you going to do, he's going to go over there and wake her finger in chinese president. she's in pings, face. father line said that china was becoming more repressive at home and more assertive abroad, as she runs over to china, to assert herself on behalf of the e. u. in the wake of an entire winter during which she and european leaders are cracking down european shower time. no, that's not repressive at all. it's the kind of rhetoric that we've seen all over the mainstream western press talk about china preparing for war. even though it's

the us that's been doing pretty much everything, it actively can to gin up tensions between china and taiwan. particularity within the context of the conflict in ukraine, in which ukrainians are pretty much playing the role against russia on behalf of western interests. that tie, one would be playing for them against china in the event that a conflict ever went hot and popped off. and there's been no war since all of these kinds of headlines have started appearing back in 2020, at the very latest, but constant talking about war is and china. and it's just been ongoing in most telling of underline said, we're president. she's parting words to russian president vladimir putin on the steps outside the when, when he said right now there are changes the likes of which we haven't seen for a 100 years, and we are the ones driving these changes together. okay, so she singled those words out,

you kind of to wonder why she so bothered by the prospect of multi polarity, which is essentially what the 2 men were talking about. perhaps because the risks losing its close in a multi poll overall in which the u. s. doesn't run the show with europe riding shotgun, in which case you think wagner line would have eased up on the threats like the one she made to reassess the massive trade deal. the china comprehensive trade agreement on investment ratified in 2020. that would, it was then frozen when he's won, he won after brussels in beijing sanctioned each other's officials. still, we're talking about the use largest trading partner in a time when it's still paying a really high price. and of course, the citizens, especially from cutting itself off from its top provider of cheap energy, which would be russia. so wagner line also sounded during this talk that to face here, like someone who was invited over to a dinner party, but realized a few days before that it would be really awkward if she didn't,

at least try refraining things a bit, given that she had just spent the last few years totally publicly badmouthing the host. our relationship with china is one of the most intricate and important anywhere in the world. and how we manage it will be a determining factor. i believe it is neither viable, non your interest to decoupled from china or we relations. i'm not black or white and our response cannot be either. this is why we need to focus on di risk. not the couple. yeah, that sounds like an effort to not show up on the door of china with your foot shoved deep down your throat in your mouth. yeah, the relationship isn't black or white. all right? because europe has no clear and independence to huge. it vision unless ambiguity is

suddenly a strategy towards your top trading partner. and it seems like it doesn't really have a clue where it's going either. it's trying to cater to washington's anti china interests, while at the same time wanting to preserve its own interests with china. brussels basically trying to drive down the highway while straddling to different lanes, which really, in any case doesn't seem like the smartest thing to do. what were talking huge implications with his story here as brazil and china have struck a deal to ditch the american dollar in favor of their own currency, but bilateral trade transaction. an agreement and setting payments in one has been signed with brazil, which greatly facilitates our trait. we are planning to expand corporation in the field of food and mineral extraction, and to search for a possibility of exporting goods with high added value from china to brazil, and from brazil to china. the deal enables china and the biggest economy in latin

america to conduct financial transactions directly without converting the currencies into us dollars. the new arrangement is expected to reduce costs and facilitate bilateral trade and investments. a china remains brazil's largest trading partner followed by the us, and it's also brazil's largest export market as well. now this will come just days after, for the 1st time ever trying to use its own currency to import around 65000 tons of liquefied natural gas from the u. a. eat, it was actually strangely enough. a french company, total energies who settled the deal in china was increasing. we tried to use its currency to buy energy on the global market. it is a move seen by many is a threat to be american greenback. now india and egypt to take the same path as one and a half 1000000 tons of rice is set to be traded and groupies. egypt will join 18 countries during business and rupees across puerto transactions and a bit,

as they've said to the dollar rise global trade. and we heard from a political science professor at hello one university who says, this is an important trend at the multi polar world continues to evolve. the economic crisis now is how to get the dollar. and the u. s. is trying to exercise control on countries on the supply of dollars and the have to submit to their economic and political conditions. why? when you deal with the euro, b, as in india or the rabo in russia, there are no political conditions set on the developing countries. the 18 countries club dealing with it will be the indian rubia. some of them are western countries like germany, when germany, economic leader in europe joining this. this shows

a very clear, blunt indicated that the future is for the d dollars issue. if you should, is for the east, not the west. now the western block is in the decline stage a claim by the ukranian orthodox church that the termination of a lease agreement on its largest monetary was illegal, has been rejected by a court in key f. this comes from the government attempt to evict monks from that side. the ukrainian bishop in charge of the monastery has already said zalinski has quote, kicking monks out onto the streets. that's as a local media report that armed police attempted to enter the holy grounds to evict parishioners and the monks residing there. many commission members of society were officially tasked with quote, ensuring the safety of cultural property report lead left without doing anything. moscow has fun here acting against the monastery, and here's russia's foreign ministry spokes best get it is the plane in coming in

these very moments. the key have regime continues. it's offensive against canonical orthodoxy. lensky and other ukrainian atheist are not interested in issues of faith or morality, and they are driven solely by self interest, the desire for personal enrichment, curry, they are ready for any step, including the use of for each noble gosh. what we are seeing now is a crime of the key of regime against its own people. meanwhile, among sand worshippers spent the night in the church preventing lauren force when from actually getting inside a local bunk say the key of actions are illegal and they have every right to stay in their monastery. this comes as the catholic pope francis said he's ready to be a mediator. now, not only the only father, the united patients is also sounding alarm bells of a key raid on the country's biggest monastery. i'll call more details for you to find out about the landscape is cracked down on the orthodox church.

so now on the program, a form australian soldier, charged with killing an afghan villager has been granted. bale of the court believed that his life could be in danger. if he sent to prison a helmet camera footage appeared to show all of a jordan shult shooting and anom pharma. several times during the 2012 alleged war crime should warn you, you may find this just ah, i ah, ah right now. stop my guy. right now the case was again, detention in australia 3 years ago when footage of the killing was released to the public or the defense team for schoultz is argued that he does not pose a flight risk because he is so far abided by all the courts. restrictions which noted in his decision that the incident occurred

a decade ago during the war in afghanistan. and the defendant is not considered a threat to society. there he is. the victims father abdul malik speaking to a be seen he's face had wound covered his face and told them to take him to the graveyard. mother said left, he's burial was that i came back to see the place. i saw the wheat field where he was killed, the week was flattened. my whole round. now be a host of the whistle blowers program, john korea, who says the course decision is based on a nonsensical excuse. i think that the reason why justice hasn't been served in australia is there is the same reason the justice hasn't been served in the united states. there's a tendency by our governments to cover up the crime and to punish the whistleblowers. this case is another one of those crimes in a long line of crimes against civilians carried out in australia where it appears

that the perpetrator is going to get away with it. i think that is utter nonsense that was used just as an excuse for the public. if this were in the united states, this soldier would be put in solitary confinement for his own protection. even if the australians don't do that, they can certainly put him in a local jail, out in the middle of nowhere, to keep him safe or in a low or minimum security prison to await trial where everybody is on his best behavior. and he wouldn't be in any danger at all. now the australian military set of soldiers have been investigated for allegedly killing 39 anom prisoners and civilians in afghanistan. around half of those cases refer to investigators to see if there was sufficient evidence for trial. john carrack, you again, as it's up to the australian government to ensure that justice prevails. it's up to the australian government to ensure that justice is carried out, show the world that they're serious about the rule of law and about human rights.

i'm not surprised, but i am disappointed. i'm not surprised because, you know, using the united states as an example. well, the united states was the major power in afghanistan for the entire period that the australian military was there. so presumably the united states would have to assist in a good prosecution in the i, c, c of a soldier, even from australia and the u. s. is never going to, to cooperate in something like that. so it just seems to me that the i c c hands are tied and they would not a, they would not be able to carry out a successful prosecution. or just about wrapping up his ours live broadcast from moscow. here with archie international from all of us here. thank you for sharing your time with us. and my colleague union o'neill is here at the desk and half an hour time. i do hope you can join him. ah,

ah, hello, i'm manila chan. you're tuned into modus operandi risky bets too big to fail, big bailouts for the banks. for many, it's daysia low back to 2008. after several banks in the u. s. collapse, a major international bank stands to go belly up. so we're any lessons learned from the financial crisis that wrecked the global economy just 14 years ago. tonight will discuss the world's financial system in chaos with a former credit suisse. insider. all right, let's get into the ammo. ah . as the old saying goes, when the u. s. sneeze is the rest of the oral catches a cold, and that might be a political once again to the global financial system. after 3 american banks

collapse in the span of one week seized by the federal government. after some how to run on deposit. silicon valley bank in guest at northern california signature bank in manhattan and silver gate bank in san diego, california all collapsed then within days, the announcement of 1st republic bank also a california based bank getting a cash infusion from bigger banks in an effort to stem the domino effect of banks getting shuttered. all these so called regional banks waiting into the uncertain world a fintech in venture capital. however, and international name in banking now facing colossal collapse with their balance sheets far greater than all those other banks. combined, credit suisse with hundreds of global offices divisions in every sector of the economy. this combination, consumer investment bank has been roiled in controversy from their london offices

to shanghai. so for more on this global banking crisis, we are joined by former credit suisse banker, david tar will. he's now be president of pro chain capital. he's a hedge fund manager with expertise in crypto venture capital, and he's also an attorney. so dave, thanks for joining us. credit suisse is a 166 year old company. it's literally an institution in and of itself. first. how has a bank managed to survive and thrive all of these decades up until this point? through all the global economic turmoil? i mean, i'm talking world war, the great depression, regional conflicts, how have they survived, what made their business model of banking able to withstand all of these external forces? certainly, i wasn't at credit suisse all those decades ago, but i think, you know, it started out as a national bank,

not that it was not owned by the nation, but it certainly was swiss centric to begin with. and then in light of the fact that tax avoidance was used by many around the world through swiss bank accounts. certainly credit suisse was able to go ahead and capitalize on that. when that was invoke. in addition, over time, the bank expanded far beyond switzerland, with branches, frankly, all over the world and certainly very large presence in all major financial capital around the world. and it was able to have functions far beyond just deposits and lending, but also very meaningful investment banking activities and wealth management as well in terms of being able to whether recent crises.