Hi there, thank you for being with us. We begin with some Breaking News from the brazilian city of belem, where leaders of eight South American countries which share the amazon have been meeting for a landmark summit. The leaders have issued a joint declaration, saying they have established a new alliance, aimed at preventing the amazon from reaching a point of no return. But leaders appear to have stopped short of pledging an end to deforestation by 2030, as brazils president lula, who is hosting the event, had hoped. Our South America Correspondent Katy Watson reports from para, which is the state with the highest Deforestation Rate in the country. Virgin forest still exists here in the amazon, but every day the illegal loggers get closer. From up high, you can see the damage done, the large patches of land totally cleared. This part of brazil has the highest rate of deforestation in the country. Underjair bolsonaro, Illegal Logging soared. President Lula Da Silva has promised to fix
Our russia editor, Steve Rosenberg reports. This is the closest we were allowed to get to russias most famous prisoner. Wed been let inside the High Securityjail where Alexei Navalny is already incarcerated. But journalists werent allowed into the makeshift courtroom. We had to watch on a screen. For the kremlin critic, this is a trial behind bars. He was found guilty on extremism charges. Punishment more jail time. He was handed a 19 Year Prison Sentence. We may have been allowed in here to watch the verdict on a tv screen, but keep in mind that in this court case, the actual proceedings were closed to the press and to the public and held in a high security prison. Describing this trial as Behind Closed Doors feels like an understatement. Ahead of the verdict, in a message online, mr navalny wrote that a long Prison Sentence for him was designed to scare russians. He revealed hed soon be on trial again for terrorism. They chant. A charismatic Protest Leader and Anti Corruption crusade
of an explosion here at this courthouse. a man who d been detained eight years ago regarding an attack on the ukrainian parliament back in 2015 was at a hearing at this courthouse after the two hour hearing, the interior minister has told us. he then detonated a device, locked himself in the toilet, was confronted by guards as emergency services and special forces came to the scene. there was a further explosion which injured two of the guards and then eventually another explosion in which the man himself died. that s the latest that we ve been told from the interior ministry. they don t know how, for instance, he got those explosives into the courtroom. that s the subject of a criminal investigation. i should say at the moment there does not appear to be any link to russia s invasion of ukraine in this incident. yes. and as you said, one wonders how he would have got any kind of explosives into a courtroom. one would assume that security is so tight in those circumstances. t
and his supporters. we start with the troubled global banking sector. european markets have closed down more than three percent, spooked by a major sell off of shares in the swiss banking giant, credit suisse. coming days after the collapse of us based silicon valley bank, it s prompted fears of a full blown crisis in the sector. let s take a look at the damage at the close in europe today. shares in credit suisse plunged to a record low, falling 24%. that came after its biggest investor said it could not give the bank any more financial help. here in the uk, the insurer prudential tumbled 10%, and the high street bank barclays, 8%. the plunge by banking stocks left london s ftse 100 down almost 4% at its lowest level this year. it was the index s worst one day performance since the start of the covid 19 pandemic. taking a closer look at credit suisse today was the second day of sharp falls for its shares after the swiss bank yesterday disclosed that its auditor had identif
good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to li% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many people are already struggling with energy and food bills. it will also have an impact on repayment charges on bank loans and credit cards but it is better news for savers, who should get a higher return. the bank of england says the increase will help to curb rising prices. our economics correspondent andy verity reports. in leeds like every where else, the cost of keeping up a mortgage isjumping, because of interest rates. stu is used to saving after spending much of his life on a minimum wage. he got a better paying job as a librarian, but like many, his wages have stagnated. when his mortgage expired his payments went from £90 a month to £360. i thought the days of checking the bank balance were gone. but they re back with a vengeance now. it is