and british prime minister, rishi sunak, calls for the uk to be the world s regulator for artificial intelligence. welcome to world business report. i m ben thompson. we begin in the banking sector, and breaking news this morning that ubs has completed its emergency takeover of credit suisse. the deal is the biggest in the sector since the 2008 global financial crisis. it will create a swiss banking giant with a balance sheet worth more than $1.6 trillion. in an open letter to swiss newspapers, the company s chief executive said it was the start of a new chapter . earlier we spoke to one market analyst about what the new banking titan will look like. creating this mega bank in such a short turnaround time, effectively it was forced on ubs as part of that rescue deal agreed overjust
a vote it passed by 94 approval in ireland, but als by 71% in northern ireland and it showed you that the people got out ahead of th politicians, in a way. and they had the courage to do what had to be done. the parties have made brave decisions. they have chosen hope over hate the promise of the future over the poison of the past in so doing already they hav written a new chapter in the rich history of their islands. you said that the goo friday agreement was more of a agreement, it was very complex it was more of an agreemen than it was to reach a destination. the agreement, i don t know if it was so complex you can t understand anythin about this in less you can see clearly in the context of th british colonization of ireland.
people got out ahead of th politicians, in a way. and they had the courage to do what had to be done. the parties have made brave decisions. they have chosen hope over hate the promise of the future over the poison of the past in so doing already they hav written a new chapter in the rich history of their islands. you said that the goo friday agreement was more of a agreement, it was very complex it was more of an agreemen than it was to reach a destination. the agreement, i don t know if it was so complex you can t understand anythin