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tv   Going Underground  RT  June 12, 2023 1:30am-2:01am EDT

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holding on to bringing it out to some of the villages that have been hit by this a ukrainian shelly and these a ukrainian assaults on russian territories. and i was fucking ears back with all the essentials. food comes to our warehouse here from all of russia. many people have been evacuated from she bacon, not because of the showing by the ukraine forces. we're now focusing more and helping residents of the overall builder region. the narrow road in the front is a humanitarian organization that delivers a 2 villages because there was no electricity and no water. the stores are working . it is difficult for residents to move around because of the showing for re businesses. um, donors are also assisting the number of the front in the critical work to get aiden helped those in need on the front lines on the road. the front is backed by socially responsible businesses that help us by contributing various humanitarian aid, including children, supplies, such as baby clothes, stationary head more and those should back and on may remain on the safe. it's
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important to remember that there are a brave volunteers working around the clock to ensure the help that's needed by those who've chosen to stay. we'll get to the shape bose or t shit back. you know, the south africa risks losing up to $32000000000.00 in trade over its neutrality in the ukraine, conflicts supporting to an economist of stein level organization. that is the largest asset management company in south africa. she says the west has certain economic strings that it could result to pulling together the e u on us to account for 30.4 percent of total exports coming from south africa. compared with russia, 0.23 percent. this means she, jo, political pensions escalate and the west tax again, south africa. it could lose up to 612700000000. rand, an export revenue of the company is either wanting to the south african government about west and in economic ties with the west. and this comes,
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as pretoria has adopted a stance of non alignment with the western block on the crate and conflict, it's abstain from un votes condemning russia also refused to arrest food. and under a controversial i. c. c warrant. i continue seeking all that can military cooperation between the 2 countries. when we discussed the situation with a panel of experts to look at reasons why certain western apartments are winning the alarm bells simply over south africa's neutrality on ukraine. take on this financial management organization making a statement that could affect the political issues. basically the less the we all taking on board the one thing that was issued by spend the mostly because it was 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 because of its position on the rest of your brain
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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 is played out. never the less is forced to consider the wandering issued by spending over the $32000000000.00, which would replace that risk in trade. that's because the morning portion of those a decision that needs to be taken, as well as quote me a go a some of the african growth, an opportunity which is an ad in the united states which gives the cup referential 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 and straight relationship with the us very seriously. and it knows that it's at the
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moment it's getting 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 wisdom, i'm more interested in benefiting from the we can assist all. oh wow. if you will, wow. what has been happening? you the tell me you got it so many, whatever one place where we have lots of interest to you might want to be nigeria, you'll see wisdom for personal. i the ones that i talk to the next point in, oh, going to what you know, the to julie by just to me 3 else. so the fact that did clear to me and sort of go with a little over 6 from the some video rods were not clear on the shoulder. they knew that so. so the continued to do things. what, what to do much more like, you know, the best way to do this from the i love the misfortune,
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which i believe in tone, that sort of because when i did not, you know, if you continued to take this, died from the end of the breaks east one big problem for a do you west and the other golf? good government under western countries. because debris, cuz maybe in the future, we'll see to be like one, a big economic block or to knowledge set to come. revitalization, stomach powered. and this is not good for us on the expiration western countries right now is the in the better condition. where in these we fcc, we compare that for the sum of reach the actors. but you see if we have the that all we need to call x mission a breach, draining the in the why know to be years middle, you'll see the breaks in the other dimension. romania has the apologize. i'm very
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cold. as i'm bassett, or from kenya off of a different american made racist comments during a recent un gathering and 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 asters incompatible with mutual respect during it, then you wouldn't. anything in nairobi? the romanian envoy mockingly said, quote, the african group has joined us. when some monkeys appeared outside a window stopped the 1st time. something like this has gone down. let's get a few more details here from joe bug with local reporter, catabolic testament. it, it will be the 21st century, but then, you know, we are still, we are still not seeing as individuals as people and s equals the only when the issue is of course is, are they obviously you that these comments especially coming from
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a european diplomats of the really disappointing of the. busy but shameful, as if someone would call it out, as opposed to have sway and supposed to combine the language which they use. and i suppose to be very careful around how they use us language. but methods, ego has made in these comments which are not necessarily human cells that were made on the 26th of april in o, my and they, you and building in my role. that was the friction department in attendance. but some of the attendees, where they found it very important to report on the home that were made by mister t dot saying that they follow them insensitive and the very least via freaking who would like to condemn in strongest terms possible. the insulting racist and degrading utterances. so let's go here as been already uh, been in the process of uh,
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catch creation back. julie is homeland in romania following the media now for it. and it is 3 statements in which fuzzy they apologized to. anyone who is affected is saying that they do not come to. busy need such behavior, particularly statements of the race to the nature of the g houses, or by long period, which is why i was pointing to buying the bunch were made, but the photos of the main buy in joe was the grass. beautiful. he said, bob and so we have bills above and advocacy works is the best combination of, of political freedom, economic prosperity and social cohesion that the human kind has been able to build this 3 things together. the rest of the world and most of the rest of the goal, it's a jungle. and because you photos a lot of those,
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you all comments that have been made by the width in the european union as well as really a disappointment. and it didn't install of disrespect political analysts or james, wendy says that racist remarks like the one made by the romanian diplomat ultimately undermine the previous achievement. so bilateral relations, as such statements really buffer that, it less than a cheap uh, because uh, i think i believe got to get a quote with the quote but nothing comes on business and said we, they, it will be in the countries in the dissolve. uh they just participate. uh we just picked and uh, also some uh, some friendship going forward. so such a, such a such as that, vince normally bring back the games that are being uh, a g u. well by the end of it. and unfortunately it would normally see about this. incidence is a abroad, may be new to bring to those countries much not in the on of the console because
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a lot of console africans don't to 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 that's it is insect treated when they come to africa. and the do the same there, the winds and heavy rain, i've left more than 20 people beds and over a $150.00 injured in pots of northern practiced on numerous homes have been damaged in the affected areas, and authorities are working hard to find and rescue potential victims, we do have this report from one local john event, the terrain terrain caused serious damage in the city of fan or yesterday at least 21 people died more than a 150 were injured due to the hailstorm, lightning strikes and heavy rain reports say that hundreds of houses were damaged, and thousands of tabel vanished rescue chains from the pakistani army hope
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disability and the ministration bring injured people from rural areas to defend new district hospital for medical treatments. an emergency was declared and all 3 local hospitals. the provincial government has immediately allocated 40000000 pakistani rupees for the relief operation. the local government has sent assessment teams to evaluate the debt it's in the area. i am currently standing in the band with district hospital were injured. people are being treated in the surgical ward, r t, t, v van new pakistan, but just a quick one. and you will find the story seriously disturbing from all the pictures to the photos of your pets as the photo sharing platform that billions use around the world with talking about instagram. but a new report is found that instagram is also host to a vast pita file network that guides uses the child sex content while connecting buyers and sellers of the listing material. all these kill them off and dig deeper
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into these disturbing revelations 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 ted of 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 preaching sucks and connected them to accounts. they use the terms to advertise, child sex material for sale, and 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 meta until 2018. now lead the stanford internet observatory. he noted the individuals whose accounts have already been flagged and given unlimited
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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 alarms that matter, i hope that company re invested in human invest the ages the screenshot illustrates just how easily it works. the market commissioner says he wants an explanation for marks. dr. burke, 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 shut these networks down. matters voluntary code on child protection seems not to work. mach took it back, must now explain and take immediate action. i will discuss with him at medice headquarters in menlo park. on the 23rd of june, off to the 25th of august under the digital services ox, meta has to demonstrate measures to us all face. have you sanctions?
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no word from the c, e. o, so far, the matter has replied with this bland statement, reassuring everyone that they have posed crimes against children. a child exploitation is a high risk crime where continuously investigating ways to active defend against these behavior. tucker carlson was not thrilled either so far this month. the, the eyes wash and field offices, you should 11 press releases. 10 out of 11. have been about january set. keep in mind the january 6 happen more than 2 and a half years ago. now you know why 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
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be expressed on their platforms. but it seems like amid all of this political censorship, some pretty vile things have slipped through. okay, with mapping artsy, new york, the donald trump has insisted that the us should not buy oil from rival, the rivals, south american nation of venezuela. even suggesting perhaps to take it by force about with buying oil for a venezuela. when i left that as well, it was ready to collapse. we would have take it over, we would have got doing that oil. it would have been right next door. but now we're buying oil from venezuela, so we're making a dictator very rich. can you believe there's nobody can believe it? well, the us at the end of the day has been accused of taking oil from countries where it conducts its military operations. it rocks president at the time 2 years ago said a $150000000000.00 of oil money had been stolen from the middle eastern countries since the us invited to decades ago. syrian officials said last august of the 80
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percent of that countries entire old production was being planted on a daily basis. and trump had opened the said multiple times, the us has been and continues to take the oil from syria. but we are leaving soldiers to secure the oil. now we may have to fight for the oil. that's okay. but we keep in the oil. remember that i've always said that keep the oil. we want to keep the oil $45000000.00 a month. the. we're keeping the oil, we have the oil, the oil is secure. we left tips behind only for the oil. we did leave. so just because what do you think the oil said way, security oil, other than that, there's no reason for it in our opinion, and we've secured the oil and therefore a small number of us troops will remain in the area where they have the oil. we had martin j on the program out there, he's editor of the news off with my good i b dot old. he says,
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america is now starting to go off to its next talk it but it's a reality of us foreign policy. you know enough to look back to the eighty's, even the seventy's. and if you look at just about every single intervention americans, don't you know where you mention syria, erac libya. most americans, presidents think that way, they may not be quite safe, bellicose. i'm clumsy, when talking about oil, i don't think we should. we should make the mistake. that is only the republicans, i think, little presents, look at, look around the world and see where they can send troops and creates these security situations whereby they americans present themselves a saving the situation. and part of the deal is to cross go for the energy countries. you would just, there was a record report about in canada and uganda is now a real if you're present with mrs. a right now you must be really worried that you are sitting on 12 trillion dollars worth of gold and the americans are now starting to make the river enough. the very aggressive um,
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comments are dropping off of the weekly for this edition here on oxy international from all of us here. thank you very much for spending assigned with us in most well, it's been a busy week so we will highlight more of your top storage when we return will be the the by the middle of the 20th century, the portuguese colonial empire was in an acute crisis a particularly 10 situation had developed in mozambique the people of this country were put in a humiliating position, income inequality ramp, and illiteracy. this respect by the portuguese for the local traditions led to mass
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unrest. in 1964, the liberation front of mozambie re limo began its arm struggle for freedom. the regular army was not easy to resist, but the guerrillas inflicted considerable damage on the invaders through the sliders, against the colonial regime were supported by the soviet union and china. whereas the united states and great britain took the side of the invader board to gaze, responded to the guerrillas attacks with cruel counter insurgency. however, pre limos 10 year courageous struggle was a success after the overthrow of the fascist regime in portugal in 1974. the new what the already surrendered a year later, lisbon fully recognized the independence of mozambie. but the victory had been gained at a high price during the war, mozambique had lost tens of thousands of his sons and daughters. the look forward to talking to you
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all that technology should work for people. a robot must obey the orders given by human beings accept. we're such orders at conflict with the 1st law show alignment as a patient. we should be very careful about our personal intelligence at the point, obviously is to make a trust rather than to the various shop with artificial intelligence. we have somebody with him in the robot must protect his phone existence with alexis, the regulators rush to close silicon valley bank, which was a financial institution with more than $200000000000.00 and assets. when it
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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,
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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. a. s b b 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, s b, these bonds became riskier investments because the investors could buy bonds at a higher interest rates. well, s v d 's bonds declined in value as 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 a c, b as withdrawals continued to mount in an effort to assure a confidence in the us banking system. the treasury department,
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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 bank customers and prevent additional bank runs. and these actions mark the most extensive government intervention in the banking system . since the 2008 financial crisis, the biden administration announced that it would guarantee on ensure 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 failed banks to pay depositors. the fed did not say how many other banks piled 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.
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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 see estimated that the costs of s b, b 's failure would be about $20000000000.00. but even if tax payers 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. and 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
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pay or a higher interest rate on loans, or pay out a lower percentage of interest into savings accounts. so while the efforts of a central government has seem to stop the download 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 federal winding down was reported voluntary and ask for a signature bank. the regulars can't even figure out as a bank was 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,
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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 failures 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 listing 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
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locking down when we had the pandemic and stuff that 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 caught the trading both occasions the system would've crashed and they are ready for the system to crash underneath there even not completely ready for the system. the 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 for banking failure 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? what it corrected 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 of be didn't have an alternate system for us to replace the antiquated
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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 is not taking place. and if you look at the roman empire, what sort of 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
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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,
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as far as these bank collapse. but it is all done by design because we have the ushering in a fed now coming, which 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 is completely centralized control by the federal reserve. could s b these failure been prevented? did anyone for see this happening? absolutely, the interesting thing with the signature bank in particular is you had a barney frank, who from the dodd frank act as one of the advisors on the board of directors for signature bank. he has come out saying that there was absolutely no reason for signature bank to be shuddered. but if you actually do a little bit of digging and researching, we'll see that signature was under an investigation for money laundering by the department of justice as well as the as the c.

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