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turmoil is spreading. credit suisse will borrow almost $54 billion from swiss bank. the bank stock surging in the first few minutes of trading today in europe as shares plunged to a record low on wednesday after getting cut off by its biggest shareholder. anna stewart is live in london. markets are now open there. what is the latest? reporter: i think that we re seeing a bit of relief now on the european indices particularly with the banking stocks. let me show you how the european market opened. all the major indices are higher by around a percentage point led by the smi in switzerland. credit suisse closed down yesterday 24%. and today you will see share price is now up around 23%. i think some investors saw a little bit of value early this morning as a result of what the swiss central bank has decided which is that they would provide liquidity back stop and credit suisse have taken them up on that offer, $53 billion in terms of the loan. and they will be buying bac ....
Now. chad, tell us more about what we expect to see exactly and where. humidity coming up from the south. cold air coming in from the north. any time three dawes ago you have a storm in california that comes around here and ends up in texas, especially in the spring. you re going to get the potential for severe weather. that s where we are for today. the potential exists because it s 77 in dallas this afternoon. only 62 in oklahoma city. that boundary between the warm and cold is where the storms will fire up today. from about hugo to pals valley and east of oklahoma city. but then by 8:00 tonight, after dark or pretty close, that is when the weather gets closer to dallas and ft. worth. likel likely a wind event and hail and few tornadoes mixed in. you only need one in your area to make it a significant day for you. keep that in mind if you re in the upper or lower midwest. watch out for severe weather. to the north, snow. to the south, some rain showers, ....
Hugo Cordeau is a PhD student in Economics at the University of Toronto. His research focuses on improving the social acceptability of climate policies. In the past, Cordeau researched the impact of climate change on wind power in Canada, as well the measures explaining the adoption of electric vehicles in Quebec. Cordeau has contributed to several opinion letters on ....
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