a michigan with a secretary of state anthony blinking visits, ethiopia, niger to booth us relation than africa waller, retrain another to hell country accuses washington of impeding peace in the region . beijing excuses, washington and london of neglecting their nuclear non proliferation fans as australia plans to purchase nuclear powered submarines from the u. s. and russia agrees to extend the black sea green deal, which was set to expire this saturday for the initial 60 days,

but says the west mark pulled up it's part of the agreement and allow the export of russian grain and fertilizers as to us bank collapse over the weekend, several bank briefly, all trading amid record low stocks as president biden try to study the boat, assuring americans their money. it's dave with good morning for martine or national studios in moscow, and welcome to the hours most vital stories worldwide. i'm fiorella isabel. we start in africa or u. s. secretary of state anthony, blinking is set to visit ethiopia niger as the by did administration hopes to strengthen its influence on the continent. the trip is the 4th high profile visit by us officials to africa this year. counterterrorism efforts in this a hell region will be on the agenda in a few moments. will we get more on blankets,

trip from our correspondent? aah! australia will buy its 1st 3 nuclear powered submarines from the u. s. with an option to attain to more later, joe biden said the august nuclear sub deal will ensure stability in the region staggered inflection, ported history, where the hard work of enhancing deterrence and promoters to brody is going to affect the prospect piece for decades to come. united states can ask for no better partners to the end of pacific were so march of our shared future will be read the orcus agreement. we confirm hearing sandy, i represent the biggest single investment in australia's defense capability in all of our history. strengthening australia's national security and stability in our region. apart from buying the nuclear powered submarines from washington,

australia will develop a new generation of subs with britain. the s as an august will be built in the u. k . and australia using u. s. technology and support the new subs or field by weapons grade, highly enriched uranium. beijing has slammed the august steel as a violation of the nuclear non proliferation treaty, saying it damages peace and stability in the region. the nuclear submarine, cooperation, blood released the day by all goose, is a blatant act that constitutes serious nuclear proliferation risks. undermines and national known proliferation system fuels arms races and heard speech and stability in the region. the australian foreign minister, though, has asserted that the vessels won't be nuclear armed, so won't violate the country's anti proliferation commitment. then you august venture has also riled france with the long standing us ally,

claiming it has been stabbed in the back. washington unilateral commitment with australia means con barrow will not be buying submarine from paris. a blow to france as military industry office is an enhanced security partnership between australia, the u. k. and the u. s. countries plame security ability and the indo pacific region. let's cross live now to radio host and political commentators. steve gil, welcome steve. what does the purchase of the american nuclear submarines by australia mean for the asia pacific region? well, i think it's a clear message to china that they are aggressive attitude and belligerent attitude in the india pacific is going to be met with resistance. and i think as the piece pointed out, these are nuclear powered submarines not nuclear armed submarines. and they won't even arrive until somewhere in the 2030, but the message is clear,

they are on the way. and hopefully this will send a message to china that their aggressiveness against taiwan against other potential countries and in asia, including japan. the philippines, south korea, will be met with resistance not only by the us, but also by others. while you talk about china aggressiveness, how will other countries in particular, china, in other ways, do you think they will they react to the office nuclear sub deal? well, i think you've already see china just that this week president, she has been making it clear that they are going to upgrade their military advance their military. so if they're talking about an arms race from china sides, they are the ones that are precipitating it. and i think there's more to it than just the military aggression by china. they're being very aggressive on the economic stage. and also in the global diplomacy stage, they are the ones that are just broker to deal, apparently with saudi arabia and iran. today i think it is present, she will be meeting with the president to try to negotiate

a deal between ukraine and russia. the, the chinese are, are embracing a diplomatic role on the world stage. and of course, that diminishes the role of the us and other western powers. so i think president biden and the u. k. and australia and others are trying to show that they are still a player on the world stage despite the new involvement of china in many other regions around the world. so australia claims the submarines will not be armed with nuclear weapons. but again, some like china consider this a violation of the nuclear nonproliferation policy. do you think the deal risk violating the nuclear nonproliferation policy? no, i think it's pretty clear that this is for power, not for arming. you know the submarines with nuclear weapons of anytime they can shoot tomahawk weapons that are not nuclear warheads that they can shoot from the submarines. but the powering of the submarines is different than the arming of the submarines. i think that's pretty clear and i don't think there's anyone other than china that is going to believe the aggression that they're responding to with this

is clearly to power the submarines not to arm them well. australia will no longer buy submarines from paris. france is not happy. how could this effect frances relationship with office? well, i think the, the france will definitely not like what's happening, but i think there are other arms, other weapons deals that the french will be able to, to participate in. i'll say they want to risk their relationship with the us over 5 or 6 submarines that may be sold to the australians. china isn't happy. there's so much going on in the geopolitical stage. how do you view the future of the august partnerships? you know, i do think that the fact that if, if president biden is not going to lead a, an attempted resolution of the ukrainian russian conflict, somebody needs to. and if, if president, she can, can embrace that the opportunity and get something done. i think that that would be a good thing. i think that expanding the role of the u. s. the u. k. australia,

they probably need to add japan the that the other countries in that region, south korea, the philippines. they need to broaden it from just the office to, to a bit more than that. but i think that will probably come in more of a nato type of approach to asia rather than just sort of a stand alone with united kingdom, the u. s. in australia. so many developments radio host and political commentator, steve girl, thank you. thank 0. moscow has agreed to extend the black sea green deal with ukraine, but only for 60 days to assess whether the west will prove it's ready to fulfill its side of the deal. russia says it's commodities are supposed to be part of the agreement as well. the comprehensive and frank conversation has once again confirmed that while the commercial exported ukrainian products is carried out at a steady pace, bringing considerable profits to kiev restrictions on the russian agricultural

exports as the stunning place. how far the stones were, we determined upon tangible progress on the normalization of our agricultural exports, not in woods, but in deeds. so this deal is supposed to allow grain from both russia and ukraine to get out of the conflict zone and over to countries in need, notably in africa and asia. but russian foreign minister, sir, gala rav explain just a few days ago. and you might be shocked to learn this, that only half of that bargain has been upheld, and that's the half that covers ukraine shipments. you get the, the 1st part of the great deal package is the safe export of ukrainian grading from the ports of ukraine via the black sea. and the 2nd is the need to remove all obstacles to the export of russian grain and fertilizers. the 1st part is being executed, but the 2nd part is not executed at all this. in fact, sanctions prohibit your russian ships carrying green and fertilizers from entering relevant ports as well as prohibiting foreign vessels from entering rushing ports

to pick up these cargoes. also, sanctions prohibit our russian agricultural bank from using the swift system if we're talking about a deal that it is a package to use. and if the packages half completed than the issue of renewal becomes quite complicated. so level of again evoke the double standard earlier this month that the g, 20 foreign ministers meeting in new delhi pointing out that quote, russian agricultural exports of being blatantly hindered no matter how much the europeans and americans who are used to telling lies try to convince everyone, otherwise, it turns out that the western sanctions are blocking the ships carrying, rushing grains and fertilizer used to grow food from going to russia to pick up that cargo. and also from entering the ports of delivery. so just how much you printing during is getting to the countries that actually need it most well left. and we are getting about 15 percent of the total export volume, which works out to about one percent each. that's according to the latest data from the black sea green initiative joint coordination center. the top 3 destinations

for the grain are china, spain and turkey, representing 46 percent of all exports, involving hundreds of shipments. china, of course, axles, the gateway to asia and turkey. the gateway to africa, but what's the deal with spain? spain domestically produces more than enough of the grain that it needs to feed its own people and europeans with people's grain. these accounting for just a quarter of all the countries domestic consumption, the rest of that grain that the country produces goes to feed its livestock, notably, pigs. spain is routinely ranked as one of the top, if not the top port, producing country in the entire world. so that's great news for spain and europe. pork industry to get ukrainian britain, but it's not exactly how this whole deal was sold to the world as an absolute necessity. it's kind of like starting up a food bank and demanding donations and all this food. and then going home and

shoving in your fridge, it smells like a turtle bait and switch. russia agreed to the deal because there was so much hanging over the people starving if they didn't. and now the data suggests that a huge chunk of the ukrainian food is just being sold to europe to fatten it's livestock, and also it's coffers. let's get back to our top story. as u. s. secretary of state anthony blanket heads to this the whole region. we are joined, live by our correspondent from south africa rabble. it's hot luck, a corroborate what are the main aims of blake and trip to africa? fiorella this comes 2 years after the fight in northern te grey region between the federal government of the yoga, as well as the t grey and forces they now list the blinking will be affirming exactly what the state department has said prior to visit, which is that they want to re fashion their relationship with addis ababa and that

it should be a commentary. one lives here more from what we what we're looking to do was re fashion our engagement with ethiopia. we would like to be able to have a partnership that's commensurate with their size and influence and with our interests and commitment to africa. now this comes of course flurry of questions about the u. s. involvement with regard to this war and what is the national interest r. but of course, as they talk about what they're hoping to do with this in the rebuilding of the relationship as it were. there are questions about what the role of the u. s. was when they obstructed a peaceful process during the conflict today, and that was made by neighboring president of at

a tree of working the crucial question is why this war was launched in the 1st place at a time when a peace agreement was signed. in our view, this was not really t gray people's liberation, france agenda, but essentially they're janda washington. the sad fact is perturbed and anxious as they were by the advance of beast between eritrea and after your pia impeding and scott delineates became their docked obsession. and then comes unless another part which will be questioned even further as this, the blinking will be moving from i this about making his way to his, in that country on the sale region, which has become a hotbed for islamist and extremists in that part of africa. artists corolla taught le, with the latest on anthony blink, and tripped to this the whole region. thank you for other shares and several

regional u. s. banks closed sharply lower on monday with some even putting trading on pause after stalks hit record lows. this comes in the wake of the collapse of silicon valley bank. as fears of a domino effect spread. even larger banks have seen their shares go down, including steady bank and bank of america. the stock crashes occurred as president biden sought to reassure americans that their money is safe, although he refused to engage with journalist after delivering his statements. all customers who had deposits and these banks can rest assured, i want to rest assured that will be protected and they'll have access to their money. as of today, that includes small businesses across the country, the bank there, and need to make payroll pay their bills and stay open for business. no losses will, and i'm i, this is important point, no losses will be borne by the taxpayers. let me repeat that no losses will be

borne by the taxpayers with the president. what do you know right now about why it has happened? and can you assure americans that there won't be a ripple a past? due balance of evidence should all the positives be protected at all bank or the president biden's address to stem the fall out from s b b. 's collapse seems to have had little effect not only within the us, but also across the pond. on monday, european stocks fell as a so of in bank stocks, which began on thursday continued with bank showing record low results for a year. the slide and stocks comes despite news that hsbc had agreed to buy the british arm of the silicon valley bank. silicon valley bank, i don't think anyone really heard of it outside of the, the tech industry until friday. really been with this news broke. a lot of people just to explain the views at home. most of us know how banks work, but some people are bit unsure. so what happens is when you deposit in the money with your bank, your banks use your money to lend throughout the customer. and that could be big

institutions, companies or just people like you and i that may want to buy a home and get a mortgage. and now the problem with this bank is they had over $250000000000.00 on their balance sheet. so they actually lend out $249000000000.00. so that doesn't really leave that much of a cushion, right? that say if something happens. so what happens the u. s. high interest rates, as we've covered a lot on the program. i'm not obviously makes the debt that they're holding on their balance sheet, which was a lot of it within us government bond was less. so this is a really key point. you talk about the interest rates are the key in critical point . yeah. yeah. so i think the interest rates a rocket that the debt that they have, they have lead to the u. s. government becomes less. right. so that left this bank with a deficit on their balance sheet of about a $1000000000.00. now, once that happened, the bank bid exactly what the guidelines say, i would say the ceo acts the same way. you said, well, i need to go and raise that $1000000000.00 now to make sure that my bank is in the block now will happen when he did that, that spooked

a huge amount of people. a lot of money in the bank companies, mainly who then there was a what we'd call to run on the bank. so about $13000000000.00 which was withdrawn from the bank really. and at that point the bank was totally broke, right? so then the regulates and the government have to step in and take over. now what i find really interesting glory is that they portrayed the, the leadership team of the bank as irresponsible. we had all this talk just before the weekend and over the weekend. they will be responsive, they will be now i've worked for a number of a regulated financial businesses. i wouldn't say my next, but i'm not just you know, disclaimer, i'm not the finance lawyer, but i would say i don't see anything within the guidelines that they did that was fiscally responsible. i would say the fiscal responsibility lies with the regulator and ultimately with the u. s. government hoc. well. okay, so you bring it to the u. s. government, let's bring it further in the morning and dc here. joe biden has come up with a statement addressing that public essentially saying nothing to see here, move along, your money is safe but, but then, you know, when people,

when often questions, i mean, the guy legged it out the back door just now. i mean, is it possible to bite and in some way is trying to avoid what could be a dire truth or i don't think any answers for it. i don't think anyone really knows what's going on. i'm really big suspended stocks on a lot of small cap banks. i mean to be behind 250000000000 sounds like a lot of money. and of course it is a huge amount of money. but for us institutions is actually quite a small top 50 by 4. they have so many banks. so really, i think they just, they just don't really have a clue what's going on. we saw the vast quincy of money, the hike of inflation rights without any one seemingly understand what the consequences are if doing that, but you talk about the consequences. donald trump has put out this statement here and he met it where the consequences or not. let's have a quick listen to what form you as president had to say, with what is happening to our economy and with the proposals being made on the largest and dumbest tax increase in the history of the usa times 5. joe biden will go down as the herbert hoover of the modern age, we will have

a great depression far bigger and more powerful than that of 1929. as proof, the banks were already starting to collapse. you know, chris, some people like to say in the certainly i think i'm one of them, frankly, that the, the know the global banking system. it is so heavily intertwined. i mean, the tentacles reach far and wide around the world. and that does seem to be a legitimate concern about knock on effect from this. and do you see a risk of a knock on effect? yeah, think grow your word. tentacles is absolutely apt in this case. so, i mean, let's look at the us, right. the dow always opens quite light compared to the west market. the foot see in london opened before and we saw just really a lot of not really i'm not a very comfortable situation for an you k companies. western companies that are out there hops in london. and, and then so you so that dip now i think what we'll see now is just before the close of that will recover. that's an awful nightmare for a trade in london is basically the behest of whatever the u. s. are going to do

lights run in the day, right. and we see that across everything frankfurt, we can look at any other market. it and it just shows that, you know, our point that we're always making is that the u. s. is dictating financial policy of every other country within their sphere of interest. they don't allow them that much freedom. and everyone is sort of on tentative waiting for was this fumbling man in his eighty's is about to say, which is just crazy. washington has harshly criticized. they propose new bosnian serb law, calling it russian, influenced any danger to democracy and human rights that despite at finding its inspiration in the u. s. foreign law. in bosnia and herzegovina and the president of republic, sir pisca is falling, others in the region down a dangerous anti democratic path. and trying to pass kremlin inspired draft bloss, that rob residents of their basic rights silence descent and allow corruption to flourish unchecked. the republic,

a step sca authority east announced plans for 2 pieces of repressive anti democratic legislation that would benefit only the ruling coalition in its effort to consolidate power and hurt every one else. washington's foreign agents registration act known as far a requires public disclosure of any one representing foreign interest or receiving funding from abroad introduced in 1938. its main purpose is to counter foreign propaganda. the law has come under criticism being enforced with increasing regularity and intensity, especially since 2017 against trump administration officials. the head of the bosnian serb republic says, criticism coming from washington is out of place since a. 2 mark the new regulation on laws. the u. s. itself enacted, normal watched those we are copying the american model, the made, the usa, one of the world superpowers. it is interesting that the director of usaid is

reacting, knowing that many projects in bosnia and herzegovina, a financed through usaid, washington's complaints about the law. com following mass protest and georgia over plans for similar legislation in the country. ah ah serbian american journalist, no boucher mileage, says the criticism coming from washington demonstrates a was so popular see in which american laws are wrong only when applied by non americans. problem within, in georgia, around arose when the opposition backed by these n g o, that would be refunded labeled this proposal as russian and essentially cultural revolution for government. and they came very, very close to one of those color evolution curves as

a friday. and then things seems to come down a little bit because the government backed down what happened in washing server public, which push this initiative on friday, i believe was a deliberate move, maybe a trolling tactic. and so what he's trying to do is, i don't think he, once i'm in a law passes. great. but i think his purpose based on the comments that i've, that i've heard is to essentially expose this kind of hypocrisy by the americans and the west. and he has succeeded brilliantly in trolling them into denouncing their own law, which is exactly what happened over the weekend. it's a win win situation for him either way again, if the law passes, then all of these n g o z that are literally outside agents of influence have to declared themselves as such. and all of a sudden people pulling who are inclined to believe something with

a nice flowery name, you know, citizens for peace, democracy excellence and prosperity would realize that yeah, okay, this is a foreign agent. but if it doesn't pass because of this kind of pressure, he managed dodie cuz managed to it prove that the you and the american government essentially think that the american law is horrible when applied by non american. ah, the international olympic committee has brushed off london's attempts to pressure the sport's body into banning russian and bella rouge athletes from next year, summer games and paris saying giving into such demands would have a detrimental impact on sports. it is not up to governments to decide which athletes can participate in which international competitions. this would be the end, a world sport as we know it today. we hope very much that the british government

will respect dale, told me of sport, which it has emphasized in so many decisions, statements and un resolutions. the committee banned athletes from russia and bell rues from competing and events following the conflict in ukraine. back in february, a group of more than 30 countries, mostly western states, early i o. c, not to ease up than on athletes. the sports bodies response comes after the u. k. minister for sport wrote to the olympics, biggest sponsors also asking them to pressure the olympic committee. we know that sports and politics in russia and bill arrows are closely connected and we are determined to prevent the russian and bill russian authorities from use in sports for propaganda purposes. sports columnist alan moore says the you case, attempt to kick russia and bella rues out of sports events, is an attempt to impose its own rules on the olympics. this

is very here. say, look, whenever you think about it at home baseball, it's only the stronger that is b. c. i was saying step 5. because if there was a bad placed on russian athletes from the on this whether summer or winter, we will be looking at the case. we're seeing where it will be in that country. we're pull those on the o. c realizes and they want to keep this whole situation as seen and sporting as russia are extremely useful with the boy and girl for the world at the moment to order to keep them because annotated gross not just sort of compete. so however, it's very useful to have to keep around. that's are up for this hour and for the

latest breaking news and updates head over to r t dot com and be sure to also follow us on all social media platforms. thanks for tuning in. we'll see you back at the top of the hour. ah . what we've got to do is identify the threats that we have is crazy. plantation. let it be an arms race is on often very dramatic development. only personally, i'm going to resist. i don't see how that strategy will be successful, very critical time time to sit down and talk with me a

a with the, with the program used. i think mike, i mean she was so are sure why did you pick it up? that is your point. yeah. i don't know. a more and

living with i do the nice for yeah. do the shirts with we a serious so he's suddenly a wilson jim when i pulled up, put in your to the woods, spiritually. just look, i go look at the invoice with a little voted on number on your smith for you on the way and come up. and it wasn't, it was what was the, what was it simply let me up with a was just show you and each one which was really a lot, but i should not approve the.