owned and u.s. headquartered and u.s.ues versus china is sort of how that might be used to influence again, and i mentioned the misinformation about the fundamental aspect of democracy like elections, but i found it really interesting when the ceo said that his kids are not on tiktok. because it is not permitted under the age of 13 in singapore. and i wasn't sure whether he fell into a trap. but by acknowledging that there are other countries around the world that think that this isn't suitable for kids under 13, and then he talked about the user experience for an eight-year-old here in the u.s., and it's very protected. but what he also didn't seem to get is how easy it is to sidestep those age restrictions. so i think there were just a number of these kinds of issues that went unanswered yesterday. nastasya: well, i see the conversation around this issue got particularly heated. i want to play you another excerpt from the hearing yesterday. >> your technology is literally leading to death. mr. chew, yes or no, do you ha

the u.s. invasion of iraq. >> i am thinking about the invasion and occupation 20 years later, thinking about the incredible destruction and vastatn that iraq and iraq society has expressed. the huge gap between wha actually happened and to my mind, particarly women, have been the biggest victims of the invasion. amy: all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the pentagon has released video of what it says is a russian fighter jet forcing down a u.s. surveillance drone over the black sea on tuesday. the 42-second video shows an su-27 russian fighter jet pouring fuel on an mq-9 reaper drone and making a pair of close passes. after the second fly-by, the video glitches before revealing damage to the drone's preller. the u.s. says a collision caused the drone to crash into international waters south of the russian-annexed ukrainian territory of crimea. on wednesday, u.s. defense secretary lloyd austin said he called his ru

u.s. fed and treasury are said to be considering an emergency landing program to backstop deposits as officials raced to avoid a wider ankara after seb's haidi: collapse. haidi:traders are stealing themselves as market scrap the -- grapple with shery: new data this week. shery:china signal stability with a surprise reappointing of top officials, including naming a u.s. sanctioned general as its new defense chief. take a look at how u.s. futures are opening right now. we are seeing little upside after we saw the worst week for the s&p 500 since september. the s&p 500 coming very close to wiping out its gains for the year. volatility rattling markets around the world, the vix hit the highest this year. the futures extending those gains up .4%. we are watching the treasury space because a rally, everybody running toward the safety of bonds. the two year yield plummeting at 28 basis points in the new york session. we are watching next week's cpi report as we got a very strong jobs report when

the u.s.ontinue to decline, and tensions persist with the eu over russia and ukraine. so, what impact will xi's unchallenged leadership have for china and the rest of the world? we will be discussing all of that with our guests in a few minutes, but first we report on a what xi jinping faces at home and abroad. >> eugene peng has been reelected as president and will begin his third term in office with a new leadership team behind him, but they face many challenges at home and abroad. at home, the issue of the environment is still a problem, as you can see behind me. beijing has been blanketed with intense smog this week. but there is a bigger focus on the government and the slowing economy. they set a target of 5% for the year 2023, the lowest target we have seen in decades. that is because china is still struggling to recover from almost three years of a strict zero covid policy where consumer spending took a hit, as well as investment. have seen a rising unemployment rate among the youth and

and by the way, like the u.s., the u.s. don't have the first dollar available, you also -- what will we do? we ball, we ball, we ball. so we have to -- it's for good reason. the reason is to fight against climate change. and we have also today -- as commissioner of the international market, let's be very clear. i was advocating to have an act, an environmental act. like we did for the chip act. to make sure for the clean tech industry we will have all the same rules and obligations, very easy for all the member states. accelerating permitting. accelerating access to financing. making things will be more easy for technology. like we did again for the chips. this is why i'm extremely pleased that i presented the net zero act. which is the framework to make sure that every member state behave the same way for this clean tech industry. second pillar, of course, we need to finance it. so now we have different options. some member states can borrow easily. for example, germany, netherlands, france. they borrow -- germany announce

u.s. invasion of iraq, we will look at a new documentary about the father of julian assange and his fighter for his son. >> i urge the department of justice to drop the charges. >> the maximum jail sentence is 155 years because he published the truth. >> how does it feel to be the father of such a controversial figure? amy: we will speak to julian assange's father and brother. did we look at the cost of the iraq war from civilian casualties to soaring pentagon budgets. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. wall street's largest banks have moved to prop up the ailing san francisco-based first republic bank after the sudden collapse of regional banks signature and svb last week sparked fears of a financial meltdown. bank of america, citigroup, jpmorgan chase, wells fargo, and -- will each make $5 billion in uninsured deposits into first republic while seven others will deposit a further $10 billion. the federal r

contractor was killed and five u.s. service members and one additional u.s.ontractor were wounded. >> why was there not a contingency to shoot down the drone if it was coming into the base? >> again, we take a variety of measures to safeguard our people. it is an inherently dangerous place and again, we'll look into the details of the actual type. >> reporter: the u.s. response was swift. president biden directed defense secretary lloyd austin to launch precision airstrikes with fighter jets against facilities used by iran's revolutionary guard core in eastern syria. iran launched ten rockets at another u.s. base in northeast syria. there are no u.s. casualties and no damage to the base. there are about 900 u.s. troops in syria fighting isis. this was not the first time iran targeted u.s. bases. >> since january 2021, the numbers about 78 times that we have been attacked. what iran does is they use iranian proxies of uavs or rockets to be able to attack our forces in iraq or syria. >> reporter: defense official tells fox the air defense system that should hav

u.s. intelligence thing the first that the attack on u.s.was conducted by a one-way attack drone made in iran. one of the two most recent ones also using drones. president biden authorized the retaliatory airstrikes saying just a short time ago that the u.s. does not seek conflict with iran but is prepared to "out forcefully to protect our people." word at least one u.s. service members has been injured in the newest attacks tonight. it is early. correspondent martha raddatz is reporting. >> four separate attacks on u.s. forces in syria in 36 hours. one of them deadly. in response, he was f-15s destroyed two iranian aligned training and equipment facilities in syria. >> make no mistake, the united states does not emphasize the conflict with iran but be prepared for us to attack forcefully to protect our people. that is exactly what happened last night. >> martha: it was 6:38 a.m. on thursday when an explosive laden iranian drone came hurtling down aren't they u.s. base in northeast syria. leaving one american contractor dead, one wounded, an

u.s. fighter jet and u.s. drone over international airspace, pentagon secretary pep writer took questions from reporters. he says u.s. military leaders are calling on the russians to conduct themselves professionally and safely as the pentagon continues to assess what happened. this is about 20 minutes. click thank you all very much first of all at like to highlight u.s. european command's statement released earlier today confirming the two russian su 27 aircraft conduct unsafe and unprofessional intercept with a u.s. air force intelligence surveillance and reconnaissance unmanned mq9 aircraft that was operating with an international airspace to recap at approximately 7:03 a.m. central european time one of the russian struck the propeller of the mq9 causing to bring it down in international waters. several times before the collision su to seven dump fuel on influent front of the mq night in a reckless and unprofessional manner. this incident demonstrates a lack of competence in addition to

a u.s. air force veteran from texas was sentenced to two years in prison for his role in the january 6 capitol insurrection. 55-year-old larry brock entered the senate chambers in full combat gear and rifled through senators' desks. in florida, the city of miami beach declared a state of emergency, imposing an overnight curfew sunday after two fatal shootings this weekend and "excessively large and unruly crowds" during spring break. officials are meeting today to consider enforcing the measures again from thursday to next monday. and elsewhere in florida, hundreds of farmworkers and supporters led a five-day, 50-mile march demanding humane working conditions and better protections. workers are calling on food retailers to join the fair food program, an initiative that launched in 2011 to improve conditions for farmworkers and end modern day slavery. the march began outside a labor camp in the agricultural community of pahokee, where hundreds of farmworkers were forced into brutal working an

he says the u.s. military leaders are calling on russians to conduct themselves professionally and safely as the pentagon continues to assess what happened. is is out 20 minutes. e corp. 2023] >> just a few things at the top and i will get right tyour questions. first of all, i wou like to highlight u.s.-europe statent confirming to russian su27 aircraft conducted unsafe and unprofessional intercept with a u.s. air force intelligent unmanned aircraft that was operating within international air space over the black sea. to recap at proximately 7:03 >> l right, thank you all very propeller of the mq9 forcig forces to have to bring it down. several times before the collision the s.u.27 dumped fuel on and flew in front of the mq9. this demonstrates a lk of compensation. u.s. air fces in europe. africa routinely fly aircraft over sovereign territory and internatiol air space in tkaord nation th applicable hocks naon and international laws to bolster defense and they support allied partner and u.s. national

u.s. china economic security review commission held a hearing to review china's military committee, power, and global influence. the committee was created in 2000 and was tasked with investigating the national security relations with u.s. relations with china. this hearing is more than four hours. good morning everyone. lock him to the first hearing of that economic security review commission 2023 annual report cycle. before we begin, i would like to extend a warm welcome to the commission's newest member, commissioner reva price. commissioner price has many years of experience working in congress on china related issues. we look forward to her many contributions to our work. thank you all for joining us today thank you to our witnesses for sharing your expertise and for the work you put into your testimonies. i would also like to thank the senate committee on environmental public works for allowing us the use of this hearing room in the senate for livestreaming this event. i also want to

>> u.s.ls say this drone this drone left its position in eastern europe, routine surveillance flight over the black sea. the u.s. sends these drones into the black sea because they can see into crimea and depending on where they are, into russia itself. and reminder mk-9's are big, 35 suite long -- 35 feet long. a military official says that this drone was unarmed, these drones have been harassed intermittently by russia before but never what we saw today. never has a u.s., sorry, russian jet harassed a drone for 30 minutes and -- and dumped fuel on the drone and ran into the drone. let's listen to pratt rider -- to the brigadier general earlier today. >> while intercepts are not uncommon the fact that this type of behavior from these russian pilots, that is uncommon and unfortunate and unsafe. >> the u.s. official who watch the video of the incident goes much further telling me this was not a controlled tap. the russian pilot was barely -- barreling towards the drone and tried to pull away a

because of what types of u.s., what u.s. capitol is going to support adaptation, diffusion, whatever you want to call it. you were on the receiving end of talent programs, etc. where gaps in chinese capabilities were often being filled by u.s. capabilities, either through our education systems, through acquisitions like complete genomics back in 2012, 2013, and a lot of other things. china has every right to expand its economy to be a great nation, which it is. the question is, what are we doing to advance the ccp's goals, both in education, which we are talking about, but also in terms of supplying the capabilities, integration enhancements. i would argue what we did to allow while woody into our market early on with its pricing techniques gave them diffusion capabilities. keeping a blind eye to the standard setting approach that china was pursuing. i am going to stop, sorry. what is your response to that? are we enabling china, the ccp's activities, and if we are, what steps should we be taking, if any, to address it? mr.

the u.s. has accused russian war planes of intercepting and then damaging the drone, but russia says the united ates proked the incident. we will speak to investigative journalist jeremy schahill about u.s. drone operations, the war in ukraine, as well as conflicting reports about who blew up the nord stream pipelines. then we look at the fight to protect reproductive rights in united states as a trump appointed judge in texas is deding whether to ban the aborti pill mifepristone across the united states. >> we artalking about a texas judge who any day now could aben access aill that is part of the most popular method of abortion nionwide, impacting patients in states from california to n york. ifothing else, this should put to rest any claim by th antiaboron movent that this was ever about state rights. it is always been about banning abortion nationwide through whatever means possible. amy: and news of americans kidnapped in mexico make headlines, we look at a story that has received less at

as the u.s. favorss in europe, air force africa commander u.s. and allied aircraft will continue to operate in internatiol air space and call on the russians to conduct negligence professionally and safely. in separate news the secretary concluded a successful visit to the memes with leaders in majority, iraq, israel. it served to deepen partnerships and enable the exchange of views on shared regional and global challenges. specific topics of discussion included ongoing coalition led defeat isis operations in ira and syria, concerning range of threats posed by iran including destabilizing regional activities and provision of unmanned ariel systems to russia to use in their war against ukraine and implementing commitments by israeli and palestinian in deskhaeuting violence ithe west bank. the secretary had the opportunity to talk to a number of u.s. service members serving in the central command area of responsibility and thanked them and their families for their commitme to mission, service appear safe guarding our nation. secretary austin and th

as the u.s. favorss in europe, air force africa commander u.s. and allied aircraft will continueo operate in international air space and call on the russians to conduct negligence professionalland safely. in separate news the secretary concluded a successful visit to the memes with leaders in majority, iraq, israel. it served to deepen partnerships and enable the exchange of views on shared regional and global challenges. specific topics of discussion included ongoing coalition led defe isis operations in iraq and syria, concerning range of threats posed by iran including destabilizing regional activities and provision of unmanned ariel systems to russia to use in their war against ukraine and implementing commitments bysraeli and palestinian in deskhaeuting violence in the west bank. the secretary had the opportunity to talk to a number of u.s. service members serving in the central command area of responsibility and thanked them and their families for their commitment to mission, service appear safe guarding our nation. secretary austin and the

the u.s. sec chair spoke about bloomberg to -- about crypto regulation. >> there's nothing incompatible, crypto and our securities flow. our securities laws were brought about to protect the investing public against fraud, schemes, manipulation. it was through this idea of full, fair, truthful disclosure. dani: let's get to annabelle droulers in hong kong. what are we at right now? 4.5% slide. how much further can bit point go? >> you mentioned the three factors there. you had the macro and then you had the regulatory side. also what's happening at silver gate. this is a crypto friendly bank, traditionally. it was a key on-ramp for the world between the fiat currency and crypto one as well. that's one factor that needs to be worked through. also what's happening on the regulatory side. that was our exclusive interview with the sec chair. there's a lot of concerns about those regulatory frameworks that still need to be worked out including the crackdown that we've seen on those more speculative

and of course, it comes amid significant tensions already between the u.s. and russia. the u.s. says two russian fighter planes intercepted the reaper surveillance drone as it was flying in international air space southwest of crimea. they say russian pilots harassing the drone for 30 minutes. the white house calling the pilots reckless. dumping fuel on the drone, making 19 close passes. one of the jets hitting the drone's propeller, forcing it down. russia says the u.s. is to blame tonight, and that their jet never hit the drone. abc's chief global affairs correspondent martha raddatz leading us off tonight. >> reporter: the u.s. reaper surveillance drone was flying in international airspace over the black sea when the russian fighter jets rapidly approached and began what would be more than 30 minutes of reckless aerial harassment, much like this encounter with a u.s. b-52 bomber in 2020. interceptions are common, but never before like this. not only did the russians shadow the drone, they made 19 close passes, sprayed fuel on the unmanned aircraft multiple times, while one of

u.s. congress, white house events, the courts, campaigns, and more from the world of politics at your fingertips. you can stay current with the latest episodes of washington journal and by scheduling information for c-span's t network and c-span radio and a variety of compelling podcasts. c-span now is available at the apple store and google player, download for free today. c-span nowyour front row seat to washington anytime, anywhere. >> c-span is yournfiltered view of government funded by these television companies and more including comcast. >> think this is just a community center? it is morehan that. >> comcast burning with a dozen community centers to create wi-fi enabled lists for students from low income families to get tools to be ready for anything. comcast support c-span as a public service along with these other television providers giving you a front row seat to democracy. >> former military and national intelligence officials testified on threats posed to the us by the chines

u.s. regulators are moving swiftly to ensure depositor money is safe. the dollar weakens, u.s. equity futures climbed. china signals policy stability. >> u.s. futures remounting in the asian session. more measures to support the banking sector. we heard that he will be making all deposits available to depositors on monday. that sent u.s. futures rally. paring back some of those earlier gains of more than a percent. we are still in positive territory after the s&p 500 almost wiped out all of its gains for the year. the worst weeks in september as volatility rattled. we continue to follow that treasury rally as well as people were really rushing to the safety of bonds but we will be watching the cash open in the next hour to see where yields are going from here. in the friday session we have the two year yield collapsing about 28 basis points. we're even seeing oil prices rebounding after a weekly loss. it all has to do with those macroeconomic pressures. question investors really liking the

the u.s. says one of those jets hitting the drone's propeller, forcing it down. what the white house is saying tonight. what russia is now saying. and martha raddatz with late reporting. >>> two major systems hitting both coasts tonight. in the northeast, this nor'easter in some places, more than 30 inches of snow. wind gusts hitting 60 miles an hour. a passenger plane off the taxiway in syracuse. and now in the west, the second atmospheric river targeting california. heavy rain tonight and a rare flash flood alert in los angeles. ginger zee timing it out. >>> the alarming headline breaking late today. police outside syracuse, new york, say they have stopped a mass shooting threat at another upstate tops supermarket. a suspect in custody at this hour. tonight, how they knew of this threat, and why they took it seriously. >>> tonight, the federal investigations now launched after those two u.s. banks collapsed. the justice department and the s.e.c. did high-ranking bank employees know this was

u.s.the chinese government including china's intelligence collection efforts and influence operations. homeland security hearing is about one hour 45 minutes. ♪ [background noises] the committee on homeland security subcommittee and counterterrorism law enforcement and intelligence will come toom order. good morning the purpose of this hearing is received testimony from expert witnesses and security realm that will educate our efforts to mitigate threats posed by the chinese communist party too the u.s. homeland. i now recognize myself her openingd. statement. good morning. i would like to thank all of our witnesses for testifying today be bringing your expertise to this committee informing members of congress of threats we are currently facing. despite years of attempts by the united states to develop a productive with dishonesty and aggression. the government run the chinese commerce party at manipulated us at every turn committing espionage in her homeland and working to overturn the gl

the u.s. is facing around the world. where does china's ambitions rank in your mind in terms of the biggest threat facing the united states. guest: what you have heard from administration official and military officials and this goes back to the previous administrations involvement is that even while we face a more acute threat and urgent threat from russia and the war in ukraine, china really is the long-term and most challenging issue that u.s. foreign policy faces. in the pentagon, the call is the pacing threat, meaning the thing that will drive us forward and defining our concern when it comes to foreign policy and national security. whether you're looking at the economic challenge or the geopolitical or military one, china is the thing that has become to preoccupy foreign policymakers and will continue to for the foreseeable future. host: does china see us as a pacing threat in their minds? guest: this has been true for chinese policymakers for decades. if you go back 50 years, there was

well, the u.s.he white house, in order to show that the russians, quote, flat-out lied about how this incident went down. we should note that this was not the action of a rogue pilot, according to our sources, the u.s. believes that russian -- that russian -- senior russian officials within the russian ministry of defense actually did order the pilots to take this kind of action and to harass the drone to intercept the drone. whether that clipping of the propeller was on purpose remains to be seen. it is still unclear what their actual intent was there. but the fact remains that the u.s. believes that this video really vindicates their description of events. it really solidifies their narrative here. and shows that the russians have been dishonest. in terms of whether the u.s. or russia for that matter are going to be able to recover any wreckage, that remains to be seen. we are told that the russians have arrived at the site of the crash, but it's going to be difficult for them to recover anything

as the u.s. and its allies navigate the strategic competition with china it is imperative that we understand both the drivers of the foreign military activities and the implications for the international security. china's military relationship with russia deserves particular scrutiny and the fallout from russian president vladimir putin's work against ukraine. finally, as beijing continues to promote the still vague ideas of a global security initiative led by china a thorough examination of the military diplomacy will provide valuable insight into what the world should expect in years to come. we look forward to exploring the topics in detail in the hearing today and discussing actionable policy recommendations in the u.s. congress. i will now turn the floor over to my colleague and cochair for the hearing, commissioner randy shriver. >> thank you. i join commissioner chair bartholomew by welcoming the witnesses and to those watching online. the chinese party of the people's liberation army will

the u.s. has a narrative, u.s., that u.s. companies sustainable fuel. companies like interlake, crowley, are all on the cutting edge of greener fuels which is something the chinese companies and their shipping companies are resistant to. with all these other areas at a disadvantage, how important is it we push the sustainable fuel side of things. incredibly important. everybody is talking about got to be a solution particularly in shipping. potentially in aviation. the question is how do you obtain? there's four different types of hydrogen. and where the oil companies say are going to capture all of the co2, the excess methane emissions and were going to sequester it in the ground somehow. and then you move on to green. how do you produce the green could be very sustainable will be using renewable power. it's a very mason industry. parts of the ira, the investment reduction the inflation reduction act very and aptly named. might call me as a what's the big ira deal? what's it going to do to my clients? [laughter] so, you know, they're going to subsidize

u.s.itary surveillance drone causing it to crash into the black sea. washington calls this incident reckless. >> approximately seven: oh 3 a.m. central european time one of the russian su-27 aircraft struck the propeller of the mq-9 causing u.s. forces to bring down the mq-9 in international waters. >> stock markets rebound after rmoil caused by the collapse of silicon valley bank >> the nra has got to go. >> president biden expected to sign a newclashes in pakistan bn police and supporters of the opposition leader imran khan as they try to arrest him at his home. kasia: welcome to the program we start in the united states where washington has summoned russia's ambassador after a russian jet fighter collided with an american drone over the black sea. the u.s. military's european command says the russian fighter plane struck. propeller of the unmanned u.s. aircraft, causing it to crash. president biden has been briefed about the incident and this appears to be the worst publicly acknowledge

the u.s. finance team, sally bakewell. what do we know about the support from the swiss national bank? sally: after a tough day, credit suisse saw people saw this talking about contagion and banks like bnp stopping talking credit stops. we saw that the snb, the swiss regular came out and said it would be ready to backstop liquidity for the bank if needed. it made a few points. it did not see direct contagion. as per liquidity capital ratios the bank was meeting those. it raises questions, whether the swiss are able to provide the kind of liquidity that credit suisse would need and whether this does have contagion effects for the board of european and banking system and beyond. haidi: the u.s. treasury has a reviewed exposure for banks. sally: that's right. we saw some of the big banks like j.p. morgan, bank of america and citigroup. they have been, over the past few months, reducing their exposure to credit suisse. they have also seen, as you would expect, increased inquiries from u.s. regulat

>> u.s. officials are considering this but i think of what we are hearing as this would be a dramatic measure. they are not expecting to have to unleash just yet. they probably want to wait to see how some things resolve. we have the sale of silicon valley bank ongoing this week with hopefully some bidders emerging tomorrow, wednesday or friday. we also solve the signature bank found a buyer for some of its assets. first republic although falling now did see a rebound today. we are also picking up some of these banks that had seen a lot of outflows are starting to see some of these deposit withdrawals stabilize and perhaps even reverse. i think u.s. officials and regulators before unveiling dramatic measures, they do want to see if things stabilize. the fact they are considering this shows they are prepared to do whatever it takes to contain the crisis. shery: we heard from secretary yellen talking about how they want to preserve regional and community banks. what is the likelihood of seeing

the u.s.erests go beyond simply coming to the area, because there's a country that needs help with security, needs help with dealing with some of the issues that kabir mentioned, of displacement of people. right? the u.s. has economic interests and security and military interests in this area, too, that it's seeking by this visit . -- by this visit. >> related to this visit by antony blinken, i think such visit has a double significance in which you know that america, the u.s. is playing a cure all, in terms of defense and the security issues in the country . -- in the country. niger now has an opportunity. because it's the first time that niger receives a very important personality from america and in this particular time. in this way, it is i think an opportunity for niger to discuss more in order to overcome about what is going on, fighting terrorism, fighting the budgetary, kidnapping, etc. etc. sami: let me bring in daniel now. is there an element of competition between world powers going

it will respect the u.s.stitution and enact gun safety laws. >> what about the question of mental health, those who have psychological issues? would it change views on how much people should be monitored or helped? >> i think it is clear anyone who commits that kind of carnage entering a school, church, or grocery store as happens all too often. anyone who enters with assault weapons intending to kill people is mentally ill. but the u.s. has shown no wheel in the last 40 years to spend money on mental health. the state of tennessee doesn't show any will. we need to lack -- enact same gun laws and invests in mental health. i really don't see any political will for either of those to happen. >> public opinion after these horrific incidents, does it not push lawmakers into these kinds of directions? we have this debate every single time. so tragic to watch. >> it is disgusting. i don't see any change, they have already said this can be fixed, one congressman from tennessee shrugged his shoulders to reporters and

a u.s.-saudi citizen sentenced to 19 years in saudi prison for his tweets criticizing the government has been released. 72-year-old saad ibrahim almadi was arrested in november after -- november 2021 after traveling from florida to riyadh to visit family. almadi's family and rights groups are calling on the saudi government to lift a travel ban imposed on almadi so he can return home to the united states. in reproductive rights news, the minnesota house of representatives passed a bill monday that would shield patients who travel to the state for an abortion and their providers from legal repercussions. the reproductive freedom defense act would prevent state courts or officials from complying with extraditions requests, arrests or subpoenas as a result of an abortion that a person receives in minnesota where the procedure is still legal. the bill now heads to the senate, which has a razor-thin democratic majority. here in new york, a manhattan grand jury is reconvening today and could vote

the u.s.king system is safe after regulars take control of two banks. the u.s. leader tries to reassure americans. the u.k., hsbc will by the local are muscle, valley bank for just over a dollar. u.s. government approves a controversial oil project in alaska. activists respond. >> just approved the project with 92% of what conocophillips originally wanted. millions of young people asked him not to do this trip >> is the leader of believers goes to iran, a look at the role of es.aine global t oar ill ancia merely clean sweep of everything all everywhere once -- merely a clean sweep of everything everywhere all at once. welcome. in u.k. and around the globe, wt biden has said americans should rest assured the u.s. banking system remains safe after the failure of the silicon valley bank. wall street wobbled today as regulators tried to contain the damage. here is what the president had to seven. -- to say. >> americans can have confidence that theanking system is safe. your deposits will be there

the u.s. s.e.c. it raised questions of the cash statements in 2019 and 2020. the swiss lender statement says the u.s. financial regulator made a late call on march 8th in relation to certain comments about the technical assessment of previously disclosed revisions of the cash flow statements we confirm the 2022 results as previously released are not impacted now we also have from the bank saying the management believes it is prudent to delay the publication to understand the comments received. again, going on to say this does not impact the 2022 results that were released on february 9th of this year. it has gone from crisis to crisis every time the bank wants to communicate to the market it is moving forward you get a story like this with shares down 3.6% and you have to think harris associates, the last shareholder to exit its stake, and leaving behind the middle east shareholders is the biggest one in credit suisse leaves you the point of why invest of a bank burning cash when you could inv

a u.s.e panel says credit suisse helps americans evade taxes and the bank committed major violations in its plea deal with the justice department. at cited what may be an ongoing tax concern with almost $100 million in secret offshore accounts. credit suisse says it is cooperating to clear concerns. regulators in singapore describing the outage that hit the digital banking services when state is unacceptable, the monetary authority asking southeast asia's biggest bank to conduct a thorough investigation into the 10-hour outage. the ceo says it will review what happened. it follows a similar incident in november 2021. global news 24 hours a day on air and on bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this bloomberg. >> a busy time for geopolitics when it comes to china. several key events happening. the new premier is expected to make a pitch to foreign businesses. we are also expecting to hear from him in his speech.

u.s. industries and supply chains and enhance national security all while remembering when the most important ways to counter chinese communist party's ambitions to build an economy here at home that works for working people and show the world our american system of democracy and freedom is more effective in lifting people up in the ccp model of autocracy and repression. democrats are committed to doing this work in collaboration. last year to the leadership of president biden congress passed bipartisanship act to invest 280 billing dollars and domestic semiconductor to enhance national security and great jobs, reduce inflation and improve competitiveness with china. cia launched a dedicated mission center and state department launched a new office of china coordination to strengthen the rest of the medic military intelligence capability meeting the threats. it is my hope today's hearing will further illuminate strategies to undermine democracy and economy and way of life and congress can

the u.s. launched air strikes against iranian linked targets in syria. that happened after a u.s. contractor was killed and others wounded during a drone strike in the country. our nbc reporters are following all of the latest developments as we wait for the pentagon update on those air strikes in syria. i want to bring in nbc's dan de luce. what do we know, dan, and what have we expected to learn from the briefing? what are the questions that are still out there? >> reporter: there are a lot of questions still about this whole episode. the first thing is perhaps why the head of central command, when he testified before congress yesterday didn't mention this lethal incident in which this drone killed an american contractor there at that base in northeastern syria. there's also a question about the air defenses and the radars around that base. as we reported earlier, courtney kube, the pentagon correspondent, obtaining this information that one of the radars around this base was not functioning

the u.s. invasion of iraq, we look at how the u.s. mainstream media helped amplify the bush administration's lies and silence voices of dissent. >> pay no heed to the left-wing rock stars. they have had their 15 minutes of fame. >> these people are essentially useless. they are opposed to war in position. >> we exct every american to support our military and if they can't do that, shut up. amy: we will speak to norman solomon, author of "war made easy: how presidents and pundits keep spinning us to death." his forthcoming boo made invisible." all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the united nations warns in a new report the world is on pace to blow past a critical global heating threshold by the early 2030's unless nations take immediate and dramatic steps to mitigate the climate catastrophe. the u.n.'s intergovernmental panel on climate change said monday the planet is on course to warm by an average of 1.5 degree

so in the u.s.t feels like the regulations around banks will be wrapped up and therefore their lending patterns will slow and there will be much more to impact the u.s. economy then will happen in europe. the other thing i think is that whenever we get a crisis, we forget about things. what are the things we have forgotten about now? china reopening, probably better for european companies more. we have forgot about the u.s. that crisis, which i know your team is all over and is something that we will come back and possibly demand more of a discount to the rates we see in the u.s. and in the future. yes, i think that europe is the better place to be. alix: if that's the case and we go to the fx market as a proxy, why can't europe break out at 110? there's still an energy crisis that is felt more acutely with a close proximity? does that explain it? rebecca: well, i think there's a lot going on. normally in a situation with stress or a crisis, everyone goes to the dollar has the safer of the currencie

u.s. cpi accelerates leaving the fed trying to balance the inflation fight with financial instability. asian stocks poised to rebound as investors that the worst of the fallout has passed. tiktok considering splitting from bytedance to address u.s. national security concerns. cathay pacific's new ceo tells bloomberg profit is in once more for hong kong's carrier. >> do you think you have a staffing crisis? >>>> i think we are making steady progress toward our plane. there's a lot to rebuild. i think we are rebuilding to our plans. i don't think we are in crisis mode of any sort. haidi: we have breaking news it comes to south korea. unemployment holding at 2.6%. better than expectations of 3%. a little softer than the january reading of 2.9%. those seasonably adjusted rate for february. an unexpected decline in the face of economic stress particularly in the export sector that has been weighing more broadly on economic growth. this is being seen as a sign of resilience adjusting the south k

the u.s. will continue to provide training and work with our allies and partners to ensure ukranian people have the assistance they need to keep their country safe and we will support ukraine as long as it takes. i would like to provide an update in regard to our recent air strikes in syria and the status of our forces who were wounded in attacks by those groups. . . . . again these precision strikes were taken to protect and defend u.s. personnel. second, the six u.s. personnel wounded in the march 23 attack against a coalition base near hasaka in northeastern syria are all in stable condition. two of the wounded have already returned to duty. one was medically evacuated to receive treatment, and two u.s. service members and a u.s. contractor are receiving medical treatment in iraq. separately, the u.s. service member injured in the attack on march 24 is also in stable condition and continues to receive medical care. as secretary austin made clear in congressional testimony this week we'll ta

plus the u.s. to seek extradition for terraform labs co-founder do kwon do kwon after his dramatic arrest in montenegrin. >> investors still on edge. we have the banking crisis still on top of mine. jay powell says i am not cutting rates this year but the bond market said yes you are. two-year yields at the lowest level in about six months. where do we go from here? the further downside is pretty eliminate. -- limited. yields down for indonesia, philippines, new zealand. some comfort for the dollar after six days of losses. losses for asian currencies on the back of that. bear in mind, some do suggest that dollar weakness will persist from here and in the benchmark in asia, we are seeing red pretty much across the board. trepidation, nervousness in the markets. yvonne: you are seeing this rotation away from banks and value into growth. tech seems to be a buy here. on capitol hill, janet yellen's comments have been roiling these stocks. bank deposit data comes out later in the u.s.. the data before

u.s. takes steps to stem the bank fallout . u.s. regulators taking control of a second bank on sunday, announcing emergency measures to ease fears that depositors might will --pull -- >> let's get started. thank you for being here today and joining us live at the hudson institute. thank you for joining online. it is a pleasure and a special thanks to c-span for being with us today and sharing this discussion with reviewers. -- your viewers. this is a second in the series of conversations being organized by the american maritime security initiative. it is a joint project between the husband institute -- hudson institute and the navy league of maritime strategy. the group is focused on national and economic challenges as we face dealing with china as a relates to the commercial maritime industry. the shipping is at the intersection of trade and transportation, national security and economic security and the first conversation in the series was with busby. you can find that discussion on the

u.s. lenders. shery: a stopover in u.s. soil as beijing protests. this was a picture across wall street, we saw a rebound at a recovery in shares, u.s. futures are unchanged and this is out of the s&p 500 gained ground area it is nice to come back from holidays and know that the world has not ended. we are seeing some, coming back to the markets. a lot of volatility and talk about how the nasdaq 100 and are able market. not a lot of change when it comes to the treasury space. the 10 year yield is down for a little bit more calm for the markets. when it comes to the asian session we are seeing a bit more pressure on oil prices for the $72 a barrel level. we also had pressure in the new york session, still, around a two week high given the rally in recent days. we saw the supply and demand picture not by great demand, that is spooking markets a little bit. look at the nasdaq 100 because i was talking about some comfort returning to the market. the nasdaq 100 saying i will hundred percent gai