this and that help us by contributing various humanitarian needs, including children supplies, such as baby clothes, stationary and more of a know should back and on may remain on the safe. it's important to remember that there are a bray volunteers working around the clock to insure the help that's needed by those who have chosen to stay. we'll get to the shape bose or t shit back. you know, south africa risk. so losing up to $32000000000.00 in trade over its neutrality with ukraine conflict, that's a, according to an economist, that stand live organization. that is the largest asset management company in south africa. she says that the west has to be equal to make strings that it could result to putting together the e u on us to come for 30.4 percent of total exports coming from south africa compared with russia, 0.23 percent. this means should jo, political pensions escalate and the west tax again, south africa, it could lose up to 612700000000. rand, an expert revenue,

the company issued a warning to the south african, the government about washing economic ties with western partners. this comes as pretoria has adopted a stance of non alignment with the western block on the ukraine conflict. it's abstain from un votes condemning russia. it's also refused to arrest of the man food and under a controversial i. c. c warrant. i continue, so you cannot make and ministry cooperation between the 2 countries. well, we discussed the situation with a panel of experts and looked at reasons why the west is reading the law. i'm over south africa's neutrality is gonna take on this financial management organization making a statement that could affect a political issue is basically the best. so the we all taking on board the one thing that was issued by spend the most because in all similar wondering by the so that's a good reserved thing. but it for sees potential secondary impacts of the sanctions

that could be based on. so that's a good because of its position on the rest of your brain country so that it is government describes it as a country between russia and nature. and even though it holds a non aligned position, it has been quite critical of the manner in which the conflict displayed out. never the less is forced to consider the warning issued by spending over the $32000000000.00, which would be placed at risk and trait. that's because the morning uh for shutters, a decision that needs to be taken at what is holding a goal or some of the african growth. an opportunity which is in the united states, which gives the preferential access to the american markets. not only for over a $100000000.00 rad or $100000000.00 of agricultural goods, but $5000.00 different items across different sectors. so,

so the views of straight relationship with the us very seriously. and it knows that it's at the moment scripting close to be published in a way by the united states for its position of non alignment by now. i mean, why is the afternoon content is so important right now for the west? in particular, we're still, i'm more interested, we've been in for awhile now. if you bought what has been happening in the kennedy in uganda, in so many whatever one place where we have lots of interest including my monthly nigeria, you'll see wisdom for personal. i the ones that are expecting this to the next point and i'll continue watching. you know, let me to julie by just really 3 eyes. so the fact that did play to info tough with go with a low 6, i'm going to put some video rods or not. clinton shows are the new

that's the continues to do things what, what to do much more like you know, the, the child to move and that's why i mean this from the i love the misfortune which i believe in tone, that sort of cards when it did not, you know, if you continued to take this, died from the end of the breaks east. one big problem for a new west and the update to govern government of the western countries. because the debris is maybe in the future. we'll see to be like one a big economic blocks and unexpected to them. then these issues, finally, power. and this is not good for us on exploration. western countries right now is the in the better condition. where in this way i see some, you compare that for the sum of reach the actors. but you see if we have 0, that's all we need to call to use this x permission,

a breach to writing in the why not to be here's middle, you'll see the breaks in the other dimension. romania is apologize and recall this i'm positive from kenya off of the different i'm. i've made racist comments during a recently un gathering, then the african nations capital of the remaining in the ministry of foreign affairs deeply regrets. this situation conveys its apologies to all those affected and strongly rejects and condemns old behaviors and attitudes incompatible with mutual respect. what during the un meeting and i wrote being the romanian envoy mockingly said, quote, the african group has joined us when some monkeys appeared outside a window. now. so the 1st time something like this has gone down one second more. who does now to the job of local reporter, kind of go to task the it will be the 21st century, but, you know, we still, we are still not seen as individuals as people and s equals the only when the issue

is of course, is, are they obviously, these come in, especially coming from a european diplomats are really disappointing at the very least, but stable as if someone would call it out as opposed to this way and supposed to combine the language which they use. and i suppose to be very careful around how to use as language, but methods ego has made in these comments which are not necessarily new themselves that were made on the 26th of april and building in my room. that was operations department in attendance, but some of the attendees with a phone interview buttons to report on the made by miss t dot saying that they follow them and sensitive as the d e. v. effort to who would like to condemn in strongest terms possible. the insulting racist and degrading

utterances. so here been already uh, been in the process of catch creation back. julie is homeland in romania following the media. now for under this, the statement in which they apologized to anyone who is affected is saying that they do not come to any such behavior, particularly statements of the race to the nature of the g houses, or by long period, which is why was the pointing to buying the bunch were made by the photos of the made by joe was the grass. beautiful? he said by then we had built a golden habit of she works is the best combination of, of political freedoms, economic prosperity and social corporation. that the human kind has been able to build this 3 things together. the rest of the world,

most of the rest of the goal. it's a jungle and the call to the as long as you walk on the land with it in the european union, it is really a disappointment, and it didn't really reinstall of disrespect political analissa. james, when do you got involved saying that? well, the racist remarks like the one made by the romanian diplomat essentially undermine the previous achievements of by laughter. overlays such statements really are for less than a few. uh because uh, i think i believe that uh, the important port button as in terms of business and said with a, it'll be in the countries in this of uh they just participate. uh, we just picked and uh, also some, uh, some friendship going forward. so subject to such, such uh, statements, normally green box, big games that are being uh,

a tube by the end of the fortune that would normally be about these incidents is a abroad may be new to bring to those countries. much not in the office or consolidated, because a lot of console africans don't discriminate against a it'll bins. so we hope that this can be a big country is selected. the big guns is going to go to a leaf from how destitute insect treated when they come africa, and the do the same. there. ankara, abu dhabi relations continued to improve united arab emirates president was visiting his turkish counterpart hailing the strengthening ties as we discuss ways to further strengthen economic cooperation and the strategic partnership between the 2 nations and ways to promote regional stability towards the prosperous future . for all the high level meeting is the 1st and nearly a decade comes on the heels over to jeff. what are the ones recent reaction?

both lead is expressing hope for a deepening of future ties. that hoax as an official stump, the signing of a comprehensive economic partnership agreement between the countries this year. the roles are mazda, 50th anniversary of diplomatic ties between the 2 nations. so a willing relations between ankara and up or down, but yet just another example of rep approach months across the middle east. of course, there was recently serious trial for baton to the arab league earlier this year. the saudi arabia and iran of re broke the friendship off the decades of, of penalties, arrival, reset of government relationship suite for years. seems of just being well offended . international relations specialist up next method i keep bobo says the southern wisdom players are likely to be worried by these jet political moves in the middle east. the most probably, the western countries, especially united states of america, is not happy. that original countries are not competes in the corporate corporate.

of course, they're not going to announce that their mother then bought the the due process is bothering him. but most throw lead a view. you know, that they have some kind of finger that they can post, been in a, in a, in a field such as need be, such a cd, such as, is made it to the and then they can, you know, create the kind of new version of loss of power by to getting close by, you know, supporting some countries against other it could be in, in, in syria. it could be in libya, it could be in human, you know, it, it could be able to answer that. it says almost evidence that with some countries on not totally controlling that agent. they are not the time learning. and the policies of the regional power. similarly, by led to the relations in the middle east or not be fine or directed by the west or by the united states of america. so this is the new course of action in the

region. and so the key to the, to you and the united startup embrace are likely to corporate more in the future. a quick one. and you'll find this story properly disturbing from holiday stops to pet pictures is the photo sharing platform, the billions use to give a glimpse into their lives and others. but a new report is found. instagram is host to a vast p to file network that guides uses to child sex content, well connecting buyers and sellers of the elicit material. here's our corresponding color and investigation into the reality of social media algorithms has revealed some pretty grotesque happenings on instagram. the details are not for the squeamish. apparently, the app has been automatically helping pedal files to connect with one another. the researchers at stanford university and the university of massachusetts,

am hearst from the instagram enabled people to search explicit hash tags, such as peter hor, and pretend sucks and connected them to accounts. they use the terms to advertise, child sex material for sale. such accounts often claim to be run by the children themselves, and use overtly sexual handles, incorporating words such as little slot for you. alex davos was the chief security officer for mazda until 2018. now lead the stanford internet observatory. he noted the individuals whose accounts of already been flagged and given unlimited access can still dive deep into a network of people who share their criminal and disturbing interests that a team of 3 academics with limited access could find such a huge network should settle for logs that matter, i hope the company re invest in human investigators. the screenshot illustrates just how easily it works. the market commissioner says he wants an explanation from

mark soccer bird who is the chair of meta, the corporation that owns both instagram and facebook. he also wants to know what kind of action can be taken to shop these networks down. mathis, voluntary calls on child protection seems not to work marks to come back from us. now explain and take immediate action. i will discuss with him at the mattress h q in menlo park, on the 23rd of june of to the 25th of august on the digital services act. matter has to demonstrate measures to us all face have a sanctions, no word from the ceo. so far, the matter has replied with this bland statement, reassuring everyone that they have posed crimes against children, child exploitation, easily horrific crime will continue to see investigating ways to active, defend against these behavior. tucker carlson was not thrilled either so far this month. the eyes watching the field offices issued 11 press releases. 10 out of 11

had been about january set. keep in mind that january 6th happened more than 2 and a half years ago. now you know where the feds were ignoring kid tuckers and instagram. they're too busy to respond. they've got much more important things to do, like finding white supremacist, facebook, youtube, twitter, instagram. they have all been vigilant when it comes to political censorship and shutting down perspectives. they considered to be propaganda or this information. they are adamant that certain views held by real americans should not be allowed to be expressed on their platforms. but it seems like amid all of this political censorship, some pretty vile things have slipped through. okay, with map and artsy new york. as us presidential hopefuls have begin to crank up, the campaigns, voices have begun to emerge on both party lines, both sides of the lines that run counter to what is the established narrative on

the ukraine conflict. and so what i think we need to do is end of the ukraine war on peaceful terms that yes, do make some major concessions to russia, including freezing the current lines of control in a korean war style. frames disagreeing really wouldn't want to do what you claim wouldn't want to do, and also a permanent commitment and not to allow ukraine to inter nato. but in return, russia has to leave it gets treaty and it's joint military agreement with china that better advance has american interest. the problem is, we're being itemized to our own agencies, which are, you know, which are leaving out the conceptual information which are leaving out the new ones which are leaving out the entire history of this case of us propagate publications which brought us into which brought us and also abroad you crate into a war that is not helping you. great republican voters are increasingly calling for a need to negotiate over the status of don bass and, and support for kia for even if that means

a lot of territory for ukraine. it backs up an audio survey which revealed 63 percent of g o. p supporters of favor the need to push for peace and comparison to 36 percent of democrats, a legal and media unless line or believed that picture would be very different if the vast amounts of information over the confidence in ukraine. we're not being deliberately blocks from the public when people do any research whatsoever as to any of the subjects that he's made. anything people are 1st amazed by how much information there was already there. again, nothing in the, in the people's, you know, there's nothing to bobby kennedy is saying is, is, is unique or brought up for the 1st time. the case of 1st impression is we say in law, now it's, it's, none of it is, it's always been there. what people are realizing is how much information has been suppressed, and it's been wash, and it's been just kept out of the, the,

the public. all right. i mean, what, what he is set and this is the best buy. some of the stuff that he has said has been sold, but 9 truly not been as shocking as people say. it's the fact that he dares to stop, don't even talk about it. and yet, what ever they do, whatever they call him, he even has his own family who basically turned against his family or say, you know, we loved him, but his vaccine talk is, well, that's, that, that's just too far. and for the 1st time, people are saying, well, what vaccine don't, what are you talking to? what is he said? and that's how it would start. let me go back to what i said initially, the media, the mainstream media, the side of the media. they asked mustang i, i don't know what their role is. there we peters and not reporters there. they're just trying to quash, quell and, and, and rebuke, and destroy any line of thinking that is not content with the official story

of fab play to line off of making those comments. and wrapping up this out program here, analogy international thanks for joining us. we were to and about offering the some nations may be able to turn away by the atrocities in other countries. the united states of america is different. wherever people longed to be free, they will find a friend in the united states, the,

to the automated route, 80 volts. anybody phasing since only city and you look at the full day in service of the cigarette color revolutions is one among several means to reach the goal of conquering foreign lands and bringing them on to the helm of us. the western economic interest people been cited doing that he did to everybody, the democrats, the new training portal, acted so know, we must say a little bit soft by way. i mean, he can see the final goal of these theme or of allusions to ensure that there are no independent players in the world anymore. the so what we've got to do is identify the threats that we have to take place. even foundation, let it be an arms race is often very dramatic. only personally,

i'm going to resist. i don't see how that strategy will be successful, very create ticket of time. time to sit down and talk. regulators rush to close silicon valley bank, which was a financial institution with more than $200000000000.00 and assets when it experienced a traditional run on the bank, as depositors rush to withdraw all of their funds. it is the 2nd largest bank failure in us history, behind only the 2008 failure of washington mutual. so what went wrong here, and how does this happen? and what does this mean for the us financial sector? i'm christy, and you're watching the cost of everything we're today. we're going to be looking at the cost of fail outs and the crisis of confidence that led to the creation of bitcoin.

the bank failures happen all the time. we just don't hear about it because they are local and happen on a very small scale. but there have actually been more than 550 banks that have shut down between 20012023. and this one was particularly notable, given its size and scale, and the contagion effects it would have on the us economy, given how its services so much of the tech and small business industry. the bank failure came as a result of its investments losing value and depositors withdrawing large amounts of money. as phoebe kept a large portion of deposits in us treasury bonds and other long term debts, these assets have low risk and low returns. but then, as the fed started to increase interest rates as speed, these bonds became riskier investments because the investors could buy bonds at

higher interest rates. well, as phoebe's bonds declined in value to s v b had to sell some of these investments at a loss of $1800000000.00 in order to accommodate its customers withdrawals. and that was the beginning of the end for s b b as withdrawals continued to mount in an effort to assure a confidence in the us banking system. the treasury department, the federal reserve and the f. b i. c announced that silicon valley bank clients would be protected and be able to access their money. they also announce steps that are intended to protect the banks, customers and prevent additional bank runs. and these actions marked the most extensive government intervention and the banking system. since the 2008 financial crisis, the biden administration announced that it would guarantee on and assure deposits. the fed reserve also announced a new lending program for all banks that need to borrow money to pay for

withdrawals. the fed also said the banks borrowed about $300000000000.00 in emergency funding, with nearly half of that amount going to holding up companies for the to field banks to pay depositors. the fed did not say how many other banks followed money and added that it expects the loans to be repaid. meanwhile, biden has insisted that no tax pair of money will be used to resolve the crisis. and the white house is very desperate to avoid any perception that the average americans are quote, unquote, failing out of the banks like what happens during the 2008 financial crisis. instead, the money will come from the f b, i see with the funds coming from the quarterly premiums, that the insured banks pay to the agency. the f b i. c estimated that the costs of s b, b, 's failure would be about $20000000000.00. but even if the taxpayers aren't directly on the hook, the banks customers still stand to benefit from the government support saying that

the tax payer won't pay anything, ignores the fact that providing insurance to someone who didn't pay for insurance is actually a gift. on top of that, while the tax pair may not be paying for the losses directly, there will ultimately be a trickle down. following this, banks will likely have to pay more for deposit insurance and then charge the tax pay or a higher interest rate on loans, or pay out a lower percentage of interest into savings accounts. so while the efforts of the central government has seem to stop the domino cascade of banks for now, there are many who believe that this is an over yet. what appears to be happening is that the fractional reserve banking system is under stress due to rising interest rates. and it's showing it's cracks. and it's not just as b b s. b b failed due to an old fashioned bank front that was spurred on by the weakness on his balance sheet because of poor duration risk management. silver gate

was running into some issues and had to take out an f h o b loan. but it's a ventral winding down, was reported voluntary and ask for a signature bank. the regulars can't even figure out as a bank will shut down because of crypto or because of a crisis in confidence of leadership. 11 banks also injected $30000000.00 into 1st republic bank in order to save it and outside of the us, credit suisse also when to put do 2 years of mismanagement and significant breakdowns and investments. so now let's bring in chris rice, host of rice tv. so chris, how are the bank failures this time around different from the bank failure, as we saw in 2008. okay, that's a great question. thanks again for having me back on the program. the difference this time would really be what happened in 2007 in 2008 was actually the death of

the system. unfortunately, at the time what they did to keep everything going was to put everything on live support. and the banking institutions were basically zombies. what we had seen since the 2008 crash was early 2020, if you, if anybody's listening recalls to march of 2020 the markets got hit it really big, especially because we had this black swan event that we ended up having to consider locking down when we had to pay and to make it a sub to took place of that time period in march of 2020, they actually held that the stock market just like they did in 2008 had they not halted the trading both occasions. the system would have crashed and they are ready for the system to crash underneath there, even not completely ready for the system to crash yet. the waiting for the actual development for the central bank digital currency. so they can usher in a new system. they need a new system to replace the system that's crashing and falling apart. and of the 4

banking failures so far we got signature, s b, b credit suisse, and 1st republic, which one would have been the most disastrous if it had not been billed out. could the economy of ford not to bail them out to the free market with it? correct itself capitalism. when it came out, actually we would have been a lot better position if we would have just dealt with the crash at the time. but again, the systems that be didn't have an alternate system for us to replace the antiquated system that was crashing when you study fee currencies. and you study how the cycles of the currencies work off the currencies end up going back to their intrinsic value, which is 0. and it's happened throughout history is never been in a point of history where this has not taken place. and if you look at the roman empire, what sort plays of a follow the roman empire that is very much comparable as to what we are seeing in today's modern day united states of america. so we're seeing a bigger bank, stepping in to shore up the smaller banks and prevent further knock on effects. but

do the bigger banks have a healthy enough balance sheet to continue this and fail out the smaller, weaker banks. the contagion affected how many people have investments, people's like the retirement people's, different uh, wall street investments. i mean, they're tied into a lot of people's lives. so i understand where they're trying to keep these things float and keep them active. but the one thing that we've got to take in consideration is prior to the 2020, there was a 10 percent reserve requirement that the banks were required to have on hand at all times, which meant they had to have 10 percent of their funds at one hand since 2020, that reserve requirement has been taken away. banks aren't required to have any reserve requirement at all anymore. so i've even told people now with the way banking is we really need to look at banking as how we would look at it as an investment. don't deposit more than you're willing to lose. because the other thing i would have mentioned with the difference between 2008 and where we are today is

bail ends versus bailouts. because we had bailouts taken place then. and since then there's been legislation was passed in the united states. the allows for bill ends, which affects the customers of the banks. they will be the ones who will be losing their funds. and this is just beginning out. obviously, i think everybody's in agreeance that the cracks are just starting to get deeper. it is going to get worse before it even gets better, as far as these bank collapse. but it is all done by design because we have the ushering in a fed now coming, which is supposed to be taking place in june or july. and i believe july is a specific date the, the pushing for, but it wouldn't surprise me if it comes out sooner and fed now is an incident payment service. $247365.00 is some sort of alternative to block chain technology that's completely centralized. control by the thought of reserve could estimate these failure been prevented that anyone for see this happening.