u. craig conflict, but poland has been at the forefront of pushing for escalation at every turn. first, the supplying tanks and now with fighter gents and this ambassador and now just casually calling for a head on war between russia neo, what's most disturbing is that until now they've actually gotten their way. or in the very least, no one else really seems the least bit interested in stopping them. the global financial system has been shaken by the fall out from us base silicon valley bank. now switzerland's largest bank you be asked is taking over its troubled rival credit suisse r sharp drop and credit. so shares this week, raise concerns are cross european financial markets. as major indexes fell on contagion, fears across the board, big banks were effected as well with the banking sector down by 13 percent. this week, goldman sachs predicted financial institutions would remain under pressure until a comprehensive approach is implemented. us markets are dealing with the fall out as well, with banks being propped up with $100000000000.00 bill by the federal reserve and the t

u. s. dollar. well as find almosha, let's bring in a panel of guests pull craig roberts from a u. s. assistant secretary of the treasury now chairman of the institute for political economy which had run a professor of governance on sustainability had de monford university. and john of eroni journalist on political unless many thanks to own of you for joining us on the program. it's wonderful to see that my 1st question to mr roberts, please. if we can start with you, russia, china, india are among the countries dropping the dollar in bilateral trade. what are the factors contributing to this trend and just how far you expect it to go? well, the sanctions, i gave it a big boost forward. i think the idea was already and the tensions leaders cause of the build on an american deck to, to the rest of the world due to the large american trade difference and the, the, the problem of the large trader said, is to the dall, it goes, people hold the currency as the reserve currency, but they don't use it in their internal economies. they have to use their own turns . and so there's pressure

craig form a u. s. president. donald trump claims that he'll be arrested on tuesday and uses his social media to pull an american process. on germany, cancels the world fund thing topped off to a band or russian on beller, russian. participants is lifted on athletes from both countries competing. the ongoing women's focusing championships in india with a very warm welcome. this is on t international with the very latest world news update. it's good to have you with us. now russian celebrates the 9th anniversary of crimea, rejoining the country with vladimir putin visiting the city of 7 stop. all the russian president drove his own vehicle to the event where he took part in the opening of a local school. and the children sent us together with the cities governor. the visit came as a surprise, as it was originally planned to take place online to work with. despite the western refusal to recognize crimea, it's re unification with russia. i d classified cia report from 1957, rebuild that the u. s. admitt

we are not going to send it to you, craig, but let the u. k. do it for us, that kind of thing, by the way, just quickly, we just had a press conference here with our teachers for the past hour, rushes foreign ministers ok law for off in soft g meeting is at a tray and counterpart and they were both talking about this issue of a u. k, sending depleted uranium shells to ukraine, both of them osman salo mohammed, the editor, and foreign minister. and of course mister laughter off. both of them essentially pulled horrified and shocked that what they call an escalation like this could be put to such a level of danger for humanity. and this is the key why this is why this story and a horrifying story is not going away anytime soon. steve sweeney. thank you. the ukrainian government has given an ultimatum to christian clergyman at a prominent orthodox monastery in p. f. now the monks must either align with the state supported patriarch or be banished from the premises. i'm convinced the situation will drastically change when the citizens leave the mon

u. s. intelligence in ukraine today, for the craig is entirely dependent upon the united states military and economic support. so that without american support, the ukraine would dry up and blow, they wouldn't last 2 weeks if the united states stop sending them major weapon systems. if the europeans, like the germans and the french and the british stop sending them plus their mercenaries, the west is supplying vast amounts of weapons to keep ignoring the ukranian nationalist, terrible crime. so reparation. aerodynamic continues. oh, a huge deal with the both, both the models you need to do both with a with a a with a personal number you have that with with lou needs to come to russian state will never if i've stayed on the most, i'm skiing with eclipse in 55 with okay, so mine is 2000 speedy, one else calls with we will van in the european union, the kremlin media machine, the state on russia to date and school r t spoke back to even our video agency, roughly all dram to on you to a said with unrest across the global financial system continues. as the largest german bank loses 20 percent

u. s. intelligence in ukraine today. 40 a craig is entirely dependent upon the united states military and economic support . so that without american support, the ukraine would dry up and blow, they wouldn't last 2 weeks at the united states. stop sending them a major weapon systems. if the europeans like the germans and the french and the british stop sending them plus their mercenaries in the west. they supply vast amounts of weapons to cave, ignoring the ukrainian nationalist, terrible crime. and so for variation, aerodynamic continues, like a i my name is frank from origin, philadelphia got in the moon in an age 13 or 14, and we were violent towards those people because we believed that were the race we were here 1st. and this is our country being part of that movement. i got your sense of power. when i felt powerless, we got attention when i felt invisible and accepted when i talked to level life after, hey, is an organization that was founded by for a skinhead. they are not the white supremacists in the u. s. in canada, and they found each other, and they knew that they wanted to he

u. s. intelligence in ukraine today, for the craig is entirely dependent upon the united states military and economic support. so that without american support, the ukraine would dry up and blow, they wouldn't last 2 weeks at the united states, stop sending them a major weapon systems. if the europeans like the germans and the french and the grange, stop sending them plus their mercenaries in the west is supplying vast amounts of weapons to cave, ignoring the ukrainian nationalist, terrible crime. and so opperation aerodynamic continues. who i think a year with russia's defense ministry, say a ukrainian thrown, fell in the to the region off to being disabled by a defensive local authority. say 3 people were wounded in a blood bag which happens them 200 kilometers from moscow. you can do to make it as americans place their tactical nuclear weapons on their allies, territory, and train crews and pilots to use them if necessary. we have decided to do the same as rush. so we'll deploy tactical nuclear weapons to belive root he saved most will retain control of the.

u. s. and germany promised to maintain support for you, craig. washington announce is an extra $400000000.00 and military aid for keith. as german chancellor olaf shoulds meets joe bought at the white house. meanwhile, on the front.

u. s. troops slaughtered approximately $600.00 iraqi civilians, including more than $300.00 women and children along which he 100 insurgents during the 1st battle of felicia craig named operation vigilant results. the battle was launched in april 2004 to avenge the deaths of for blackwater contractors. 27 u. s. soldiers were killed during the retaliatory siege. fallujah was effectively punished for resisting the u. s. occupation with as many as 50000 people held their men 8 between 15 and 45 were brought from leaving while medical support was unable to enter the city with either little alpha and with lava the vents took place at the beginning of the occupation in 2003, especially in the city of fallujah. as resistance fighters were there, they considered their occupiers policy as a violation to the dignity of iraqis and the seizure of iraq's territory. the occupation forces committed crimes against innocent civilians. they killed destroyed homes and people were left homeless. the resistance appeared because of attacks committed by the americans against the civilian population. as a result, the population was caught between a rock and a hard place. american forc

u. k. is escalating the conflict by promising to spend depleted uranium ammunition to craig, russia highlighted the devastating health consequences for civilians and military after they've been used by the end to rock on a trip to russia, error tree, it's foreign minister says western partners are pitting states against each other with the war and ukraine and changes in taiwan as clear example with it just to produce the position on the ukraine ticks, pretext.

it's paul craig roberts and he shared his take on the challenges. the u. s. financial system faces the 5 large banks, the 3 giant new york banks, the 2 giant california banks. these banks have trillions of dollars of derivatives. the value of bridge is twice the size of the g. d. p of the entire world. yet their capital base is only in billions, so they are holding their they are exposed to risk in the trillions of dollars, and they do not have the capital base to support that risk. so if something happens again in these derivatives as it did earlier this century, when we had the big crisis, those banks will be in jeopardy if these big bikes get in jeopardy from their derivatives. it will spread into europe when the president says something like biden, that's his job is to reassure people, so they calm down. they don't rush to the banks and pull out their money. but i doubt if biden, or anyone in his administration or even the federal reserve has any idea of the extent of risk. if one of the very large bikes, the job banks, if they get into serious trouble

u. k. is escalating the conflict by promising to send depleted uranium amunition through youth craig, russia highlighted the devastating health consequences, but civilians and the military are they being used by western countries in yugoslavia, iraq with using paying wraps up his 3 day present here to moscow saying that china and russia leading the changes in the world that haven't been seen in up 100 inches between israel and palestine continue as israel bands of palestinian radio broadcaster in terra gates . this is john with.

u. k. is escalating the conflict by promising to send depleted uranium ammunition to craig, russia highlighted the data, saving, how consequences are civilians and military after they've been used by the way, yugoslavia and iraq with his trip to russia. your work, your foreign minister says that western partners are kidding states against each other. and the conflict in new crank intentions in taiwan are clear example. let me take this opportunity to worry and it just brings reposition on the ukraine kicks.

craig roberts. he shared his take on the remaining challenges, the u. s. financial system faces and the consequences the turbulence may have for the whole world. the banks were casualties of the federal reserve policy of raising interest rates received for many years. the federal reserve care the rates are very low. so the interest on the financial assets that the banks have on their balance sheet is low. so when the rates start rising, the values of their portfolios fall, but the law abilities don't. so the feds policy of high interest rates pushes the banks into insolvency. if the fed continues raising interest rates, there will be more failures. ah, the 5 large banks, the 3 giant new york banks to giant california bikes. these banks have trillions of dollars a derivative which the value of good is twice the size of the g p.

craig roberts. he shared his take on the remaining challenges the u. s. financial system faces and the consequences. the turbulence may have for the whole world, the 5 large by 3 giant new york by 2 giant california bikes. these banks have trillions of dollars of derivatives. the value of bridge is twice the size of the g p of the entire world. yet their capital base is only in billions, so they are holding, they are, they are exposed to risk in the trillions of dollars and they do not have the capital base to support that risk. so if something happens again in these derivatives.

u. s. now is open the asking people to reach any piece plans. when you craig, as you raised ray that these, ah young don't currently at 22 african country meters here in moscow seeking collaboration. yet we asking and under can do the exclusive cops in the name of democracy prog, notoriously, and was standard roches. foreign minister says the actions of the west which go against international humanitarian law, will not. and well, for them that's in response to the announcement i have the u. k, that it was, apply depleted uranium immunization to ukraine, which it has previously used in conflict sounds and left a long lasting, devastating health effects and places like iraq and yugoslavia. usually they've already lost all sense of orientation in their actions. and now those actions undermined the strategic stupidity of the entire world. first of all, these are the anglo saxons who are dragging the rest of the collective west with them. so who the of mentioned themselves was hedgeland's for a long time. i'm want to maintain this had gemini, with all that might. t

craig. and i was what follows along the way to the delivery of western battle tanks of, from germany on the u. k. so far case forces we've had to rely on soviet made armor . i corresponded back xander sent this report on the cruise, keeping those old tanks running. these men are farmers from the south. now they belong to the most feared units on the battlefield. the soviet era t 80 takes 3 men to operate at 40 tons and driven at speeds of up to 80 kilometers an hour. gunner basil says the tanks scare the enemy, julio, i will tell you this as soon as they see from the drones how the tanks are coming, then all the artillery is only aimed at us. they forget about the infantry about everything. so they're afraid also, but the tanks need a lot of attention. this one is more than a decade older than the mechanic yoda's. and it shows the actual really k through, if the tank is on really uneven, groaned, it's often this part of the tracks that breaks and needs to be replaced every now and again. we also have to tighten the tracks missional. let jessica also missy. these tanks may be old and worn down

u. s. inspectors office has received nearly 200 complaints about a legit misspending of washington's funds. you craig? as of march, the 1st 2023. so 3 o g 's had received 189 ukraine response related hotline complaints, including allegations submitted by ukrainian citizens regarding alleged misconduct within ukraine. o g investigations resulted from these and other allegations have not yet substantiated significant waste fraud or abuse. very interesting, isn't it? quite a dramatic shift. well, you'll recall that back in january, or there was a big scandal involving corruption that led to a number of ukrainian lawmakers being given the boot. and in addition to that, it's important to point out that the idea of auditing the money being given to ukraine kind of caught on and gain steam when republicans took back control of the u. s. house of representatives. it's republicans that are a little bit more critical of aid to ukraine, of that the biden administration has been pouring on quite a bit of now. and it's interesting to note that we have a situation here where it appears. some members of congress ar

craig roberts. he shared his take on the reasons behind it, and the remaining challenges the u. s. financial system faces the banks were casualties of the federal reserves policy, raising interest rates received for many years. the federal reserve care the rates are very low. so the interest on the financial assets that the banks have on their balance sheet is low. so when the rates start rising, the values of their portfolios fall, but the reliability is done. so the feds policy of high interest rates pushes the banks into insolvency. if the bed continues raising interest rates, there will be more failures. ah, the 5 large banks, the 3 giant new york banks to giant california bikes. these banks have trillions of dollars of derivatives. the value of bridge is twice the size of the g. p of the entire world. yet their capital base is only in billions. so they are holding their, they are exposed to risk in the trillions of dollars, and they do not have the capital base to support that risk. so if something happens again in these derivatives as it did earlier this century, when we h

craig. i'm funding for nato. the budget also sees a counter court system threats coming from north korea and iran over the years. the u. s. events development has been consistently increase in spending. in the last 3 years, the movie budget has increased by 15 percent rising from 740, but in those 858000000. so media reports say the final, so for 2024 could hit as much as $950000000000.00. we heard from, sorry, father's code. all right, so the entire options and she says i was just going to spend more and more money on military equipment. this amount of money, the largest military budget of all time, exceeding any past military appropriation is a disaster for working people around the world. it is a catastrophic amount of sheer waste into militarism a $186000000000.00 and it will grow. it's not the end with the white house. it sends to congress always grows by tens of billions of dollars, additional add ons cost overruns, what it would take to reverse it is working people in the u. s. and globally, really standing up to us and to realism. it won't come from congress, the democrats and republicans vine with each other

craig red triggered a sharp drop in stocks across the region. this might washington's efforts through shore up confidence. but international markets have stabilized while u. s. bank stocks recovered some of their losses before closing on tuesday. south korea is grabbing the loss of its corona virus. pandemic measures. from monday, people will no longer be required to wear a mask on public transport. masks are however, still mandatory in medical facilities. now, new exhibition opens at london's royal academy this week, showcasing work by black artists from the deep south of the united states. souls grown deep or features cultures and paintings that have never been seen in europe before. jessica baldwin has a story. a bald eagle made of roots and salvaged driftwood, a colorful quilt of dental and cotton scraps, an animal skull mountain on a chipped vinyl record. art that tells a story of enslavement, poverty and racism. the artists were denied access to spaces, educational spaces. i'm spaces, creation, spaces of exposition but certainly there was a lot of passing down of experience of, of art making skills. works by 34 artists from the deep south of americ