yes, a list of failures. ah ah, you a secretary of state anthony blanket, visits, ethiopia, and niger to post us influence in africa. that has their tray accuses washington of impeding people in the health region, australia planted by 5 nuclear power submarines from the us and develop more in the future drug criticism from china mid concerned. the deal puts non proliferation agreement at red. russia agreed to extend the black sea green deal, which was set to fire this saturday for an additional 60 days, but says the wife. 7 muzzled up as part of the agreement and allow the export of

russian brain and fertilizers and multiple us bank. the sharp falls in their stock as to american bank to lapse over the weekend. that the president biden tries that either both assuring americans, their money is a good afternoon for mark international students in moscow. and welcome to the hour's top stories coming to you across the globe. i'm pure allies about we begin with the latest from the ukraine conflict. russia's wagner group has reportedly taken control over the northern part of the industrial zone of i'm in the city of are almost also known as bach moot. on verified footage circulating on line apparently confirms russian control over the most of mosh blunt work. president,

the lensky commanded ukrainian soldiers for defending the city. back in december. the stronghold city has been the focus of intense battles for months. now to africa, where u. s. secretary of state anthony blanket is set to visit at the opiate niger as the by did administration hopes to strengthen its influence on the continent. earlier the president of eritrea accused washington of taking an un constructive approach to the conflict in t grey hindering a peaceful resolution. r t correspondence cromwell had taught law, discusses the context of lincoln's visit to africa. the americans of fame that they looking at this rate in their relationship with, if you o p a in a different way. and that's what they're hoping to establish a re fashion to re imagined relationship with if you are considering if size and influence here small, from molly fee. what we're looking to do is re fashion our engagement with p,

o. p a. we would like to be able to have a partnership that is commensurate with their size and influence and with our interests and commitment to africa. this is also part of the dynamics. when you look at the 2 year war that happened in the northern te gray region, this was one that was fuel. if you will buy a peace deal upon the prime minister of ethiopia shaking hands with mister wakey. who is the president of at a tree, just north of yo, via and it was that p deal that really unsettled the team. great leadership, as it were, and thought of much mission nations that lead out timidly to conflict, which is said to have displaced nearly half a 1000000 people and killed hundreds of thousands law but less of weight. he has his own views with regard to why the americans are involved. and he says that

he blames washington for what she calls being and constructive at a time when it was much easier to, to reach a peaceful solution. here's more from president as of world. the crucial question is why this war was launched in the 1st place had a time when a peace agreement was signed. in our view, this was not really a t gray people's liberation, france agenda, but essentially the agenda of washington. the sad fact is perturbed and anxious as they were, by the advance of peace between eritrea and s. t o. p. impeding and scuttling it became the duct obsession. but mister blinking will move from if you'll move towards the new year. and that is a very interesting country and that it is right in the middle of the hell. and the hell has been a hotbed of conflicts over recent years, some 20 years, in fact,

of islamic insurgency and just general extremism that we've seen from various groups who have interest in who controls the area. now is important to, to acknowledge here that the americans are hoping to reach tyndall, a relationship with a country on this a hell. even though they've had a 20 year participation as part of a global force and as the american forces, as on its own. but they have been unable to bring about the said piece. now the real question is, why would they be successful now? australian plans to buy multiple nuclear powered submarines from the u. s. has drawn sharp criticism from china. beijing slammed the deal as the stabilizing for the region, also raising concerns. the deal jeopardizes nuclear non proliferation agreements. the nicholas submarine corporation, blood released today by all cos is

a blatant act. it constitutes serious nuclear proliferation risks. undermines and national non proliferation system fuels arms races and heard speech and stability in the region. the u. s. president u. k prime minister and australian p. m announced plans to develop a new generation of subs that will be built in the u. k. and australia with us, technology and support. the new subs are fueled by weapons, grade, highly enriched uranium, uranium, and could enter service in the late 20 thirty's or early 20 forty's. the australian foreign minister, though, has asserted that the vessels won't be nuclear arms, so won't violate the countries anti proliferation commitments. that as the u. s. has praised the controversial new deal, calling it a prospect of peace stat inflection for the history. where the hard work

of enhancing deterrence and promoting stability is going to affect the prospect piece for decades to come. united states can ask for no better partners in the pacific were so much of our shared future will be red august as an enhanced security partnership between australia, the u. k. and the u. s. which the countries claim secure stability and the indo pacific region international and independent china specialists. andrew long says the august nuclear sub deal undermines piece in the region and pushes other countries toward nuclear development. hello, miss locke is so. ready as far as the united states. oh cuz there is concern, obviously because it is a nuclear, propelled a lot nuclear ensemble reeds a slightly to send a signal to other countries to do the same. and obviously as the m trying is foreign ministry, a statement says it is going to erode and the kind of lawn deal,

korea corporate operation deal and, and then it was also send signals to other countries to nuclear armed themselves. and it would break the, the whole group of effort out with the nuclear lies. obviously this law peaceful as it is all of his initial because it is a marines even though not. ready nuclear armed, it is a nuclear propel using bill military purposes. these are submarines. these are not merchant ships. so obviously the use of nuclear power. all propel systems for military means. of course, it is a violation of the nonproliferation treaty because the next step is that you can use nuclear energy for all sorts of things for military purposes. 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 it

side of the deal. russia says it's commodities are supposed to be part of the agreement as well. are key contributor rachel mars then explains 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 green dio package is the safe export of ukrainian graded 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. your 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 have completed, then 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 are 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 gurin is getting to the countries that actually need it most well left to leave any 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 grain, 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's 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. the break their restoration of bilateral relations between iran and saudi arabia will help bring a political settlement to the devastating war in yemen. that's according to iran's mission to the un. it seems that the resumption of political relations between iran and saudi arabia will speed up the achievement of

a ceasefire in yemen. the beginning of the jamini people's donald on the formation of an inclusive national government in this country. iran in saudi arabia agreed to reopen embassies and re establish relations for the 1st, after 7 years of tensions after the warranty em interrupted. back in 2014, the conflict became a defacto policy war between a saudi lead, military coalition, which supported governments, government and iran, which back who the rebels who had captured much of the country. the saudi coalition also received support from several western governments. a truce between the warring parties was reaching april last year and extended twice, but expired in october. however, both sides continue to adhere to its rules, both the yemeni government and who the rebels have waltham, the agreement between to run and re yet ah, the deal was largely brokered by china with which used its diplomatic power to get

the parties around the table. the breakthrough comes amid increasing tensions between the us and it's key, middle east ally, saudi arabia. war torn yemen has faced a growing humanitarian disaster with over 21000000 people in dire need of help. according to the red crescent, much of the population is displaced with little access to key facilities and have to contend with droughts and other consequences of climate change. for more details, we cross live to a political expert and data scientists use of mari. welcome use of with the improvement of relations between iran in saudi arabia. how do you assess the chances for the warring parties in yemen to come to a peaceful solution?

yes, sorry about that. well, i would say that, you know, 1st and foremost, the war in yemen, it's not between demons, political factions who, one day just decided to take up arms. because they had disagreements of how the prince we should be run. the war that's happening in yemen is, is between the people and saudi arabia and the u. e, who have for decades control the political affairs of the country. and the reason and they control the political affairs of the country, is because they have a lot of they have political factions, various political factions, in yemen who march to their tune and work on behalf of you eat saudi arabia and us interest in yemen. this is why the war happened, and the reason why i bring this point up is because we're going to discuss ways of obtaining a sustainable resolution here in yemen. the agreement has to be reached between the

federal law a, the, the government of saudi arabia. and that both sides have come to the table, they have to reach an agreement. and this agreement has to be between the on thought a lot back in many government as saudi arabia, from spearheading this 9 year war on yemen. what in your opinion, has motivated a rod and saudi arabia to find common ground at this moment in time? well, i think this is an initiative that was initiated by saudi arabia. i think saudi arabia starting to see that, that, you know, having such close ties with the u. s. and western nation. this simply a, you know, it's a bad bet these days because saudi arabia finding itself, being opposed by many middle eastern nation by, you know, by, by the muslim world because of their position, their political position to stand and to spread to spearhead us and western

hedge many in the middle east and in, in the muslim world we've seen saudi arabia, roland iraq, in syria, in yemen. it's all been to carry out the political foreign interest of the us and the british government, something that has not resonated with the people in the middle east. and in the most the world in the situation. i think saudi arabia is starting to see that the war that they launched on behalf of the u. s. government. and on behalf of the british government, it's simply a losing effort that they lost their lives in the war. they're losing the battle on the ground across the board. and i think now saudi arabia is willing to use, you know, use this deal, use this agreement with iran, so that they can find a way to pull out of the war while maintaining some sort of decency. right. but i think at the end of the day, when you look at the situation on the ground, when you look at what's happening in yemen, i think in the near future, it could only lead to war because saudi arabia has so much vested interest in yemen

. you know that there, occupying many provinces there occupying gemini island, that i don't think this deal with iran is going to, you know, it's going to push saudi arabia and to withdrawing his forces, withdrawing its occupation from yemen and ultimately be with the government. the government of thing, their, their go to law launch, ballistic missiles and saudi arabia, they're going to continue their military offensive ls every foreign troop withdrawals from yemen, the land. and that's something that i will see is going to happen in the near future. well, you mentioned the role of saudi arabia and the u. e, but how can the interests of all parties involved in the conflict? in reality, a humanitarian crisis, be considered as part of this improvement in relation right, and i think this is the role that you was going to play in the negotiations. i had, i think, the biggest concern here in yemen, cues me, as you mentioned,

is the humanitarian crisis. you have people starving on the ground, you have birth defects at all time high. you have cancer cases at all crime height . there's 4000000 cases of child of mine who tricia in yemen, and that's the biggest number in the entire world. right. so i think what this deal can lead to is perhaps alleviating the humanitarian crisis by lifting the saudi. and polls blockade, which is blocking fuel ships, which is blocking vital, essential aid from reaching the country if that's something that iran can, can, brokers can bring into existence. if saudi maybe want to look the blockade that i would say that this is a huge step in the right direction in to resolve the conflict in yemen. because as the government has mentioned, the cards by alleviating the humanitarian crisis. before discussing any political and military events that are happening on the ground political expert and data

scientists use of murray. thank you. the shares and several regional us banks closed sharply lower on monday with some even putting trading on pause after stock had 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 city 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 journalists after delivering his statement. all customers who had deposited these bank can rest assured, i am rest assured they'll be protected and they'll have access to their money. as of today, that includes small businesses across the country, the banker, and need to make payroll paper bills and stay open for business. no losses of and

i'm on this is important for no losses, will be borne by the taxpayers. and we repeat that no losses will be borne by the taxpayers with the president. what do you know right now about why this happening and can you shermer that there won't be a ripple effect? it should all the positives be rejected, always more money. president biden's address to ease the fall out from sd b's collapse seems to have had little effect not only within the u. s, but also across the pond. on monday, european stocks fell as the self and bank stalks which began on thursday continued with stalks falling to your record lows. the dive comes to spite news that hsbc had agreed to buy the british arm of silicon valley. bank asian markets have also seen volatility following instability in the u. s. my colleague, worry, so shay sport spoke with archie contributor chris adams, who took us through the us banking crisis and what it could mean for the global

economy. silicon valley bank, i don't think anyone had really heard of it outside of the, the tech industry until friday. really, when will this news break? lot of people just to explain the views at home. most of us know how bang sweat, but some people are bit on shore. so what happens is when you deposit in the money with your bank, your bank use your money lend. so while the customers, i'm not to 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'd 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. and that obviously makes the debt that they're holding on their balance sheet, which was a lot of it within us government bonds was less. so this is really key point to talk about the interest rates are the key and critical point. yeah. yeah. so interest rates rocketed the debt that they have. they have led to the us 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 raise that $1000000000.00. now to make sure that my bank is in the block . now what happened when he did that? that's a huge amount of people. a lot of money in the bank companies, mainly who then there was a what we could have 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 to be 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 regulated financial businesses. i wouldn't say my next, but i'm not just, you know, disclaimer, i'm not a finance lawyer, but i would say i don't see anything within the guidelines that they did that was

fiscal year. so i would say the fiscal responsibility lies with the regulator and ultimately with the u. s. governor, i ha, well, okay, so you bring it to the u. s. government let, let, let's bring it further in washington dc. here. joe biden has come out with a statement address in the public, essentially saying nothing to see here, move along, your money is safe but, but then, you know, when people wanna ask questions, i mean the guide legged it out the back door just now. i mean, is it possible the biden, in some way is trying to avoid what could be a dire truth or had anything at any answers for it? i don't think anyone really knows what's going on there. and really they suspend it, stops on a lot of small cap banks. i mean, it's people, i'm 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, a in a top 50 banks where they have so many banks say so really? i think they just, they just don't really have a clue what's going on. we saw the boss for him to give money. the hi could inflation rights without anyone, seemingly understand what the consequences are if doing that, but you talk about the consequences. donald trump has put out this statement here

and you met it where the consequences or not. let's have a quick listen to what the former us 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. say, i mean, let's look at the us. right. the dow always opens quite light compared to the west, the markets, 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

u. k. companies. western companies that have their hops in london and, and then you saw that debt. now i think we'll, we'll see now is just before the close of that we're recover. that's an awful nightmare for a trade in london is basically at the behest of whatever the u. s a 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, all 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 intense. it's waiting for was this fumbling man in his eighty's is about to say, which is just crazy. the international olympic committee has brushed off london's attempts to pressure the sports body into banning russian and bell origin athletes from next year, summer games in 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, ill told me of sport, which it has emphasized in so many decisions, statements and un resolutions following the conflict in ukraine, the committee band athletes from russia and bella ruth from competing an event back in february, a group of more than 30 countries, mostly west or states or the ios, the not to ease the ban 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 in politics in russia and bill ruse are closely connected and we are determined to prevent the russian and bill of russian authorities from using sports for propaganda purposes. sports columnist ellen morris, as the case efforts to maintain the ban on russia and bella rues from sporting

events, is an attempt to impose its own rules on the olympics from the special committee in various year say, look, whatever you think about it at home space for it's only the stronger that russia are really useful would be boy and girl for the world space and order the sport going to keep them because in case we're not just trying to compete. so however, it's very useful to have to keep around never countries just order boys will be conscious not there are involved for example, supplying arms, nor british 1st order citizens in northern so basically it's, that's our up on this, our, and out next, the zap erosion,

nuclear power plant is the largest in europe and kia has repeatedly attacked. the facility continuing provocations could put europe at risk of a nuclear disaster that could eclipse the 986 turnover incident more coming up on our t dot nuclear black mail to speak with awe. all european nations ultimately experienced that transformation where exception that is, was kind of defeated by the hard realities, right? or at least confronted with them in a very significant way. and you know, the space of moral a, moral, as the only exception to the general tendency that, of course, has to do with the fact that the geographical situation of the united states is

fundamental. that overnight. i love that it is the size of the continents. mm. hm, willing so bluetooth, victoria no. graham t. coyer shooting? yeah. okay. did she ship a dock lean that should pull up control input your boss, so you should, she'll need to get the mobile polarity system will only be near them. it's not sig, device such a tough machine. yeah. well we can do bu, pocono channels. we have skim shaft our whole room dish, but i live alone. oh, crazy. that's where you store lot of the my subway. but just dory. yes or no, it's i live ship elise get us but we ship them. so just figure to oh if daughter.