Page 14 - Citigroup News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ahead this st. patrick's day friday starting with desperate measures on wall street. nearly a dozen banks teaming up to prevent this week's financial turmoil from spreading their $30 billion life line to save another major bank from potential ruin as janet yellen works to sooth the markets and reassure americans that their money is safe. >> i can reassure the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. >> plus major move in china's partnership with russia, announcing this mornin...

at this hour also, a ruling on a pivotal abortion rights case could come at any time. we'll talk to the president of planned parenthood about the new wave of restrictions plus, four americans recently kidnapped in mexico were found, but hundreds more are still missing in mexico. we'll talk to one mother who's desperately trying to find her son. in florida, ron desantis is going of a miami hotel after a drag show. we'll explain what's behind it and we begin this hour with china's new show of support for russia overnight, we're learning that next week, china's xi is expected to m...

discover a harmful gene. it's seven in the morning in singapore, and 8am injapan and south korea. both countries have hailed a new chapter in their troubled relationship. it came after leaders of the two countries met at a summit in tokyo — as both face increasing challenges from china and north korea. the leaders announced agreements on trade, security and cultural exchange. i'm joined now by our tokyo correspondent shaimaa khalil thank you forjoining us on the programme. this is a big moment for these two leaders what are some of the top issues that they have addressed?— the to...

surged 10% last year to $150 billlion. they have moved to reduce reliance on the us dollar by setting up payment clearing in the chinese currency, the yuan. former brazilian president dilma rousseff is to be sworn in today as head of the new development bank — a rival to the world bank and imf set by by the so—called brics countries of brazil, russia, india, china and south africa. let's speak now to william jackson, who is emerging market economist at capital economics. xi has been signalling the post—covid reopening of china by hosting a series of world leaders. what can we r...

>> good evening. tonight, the latest on banking system troubles that appeared to be easing yesterday but came rumbling back this morning. -- deeper trouble than previously thought. then, kim news that two tragic -- credit rating firms had downgraded. -- markets plunging this morning, and that they gained back some ground by the close, the -- still ended the day down significantly. shares of regional banks, including first republic, were down sharply, and first republics case by more than 21%. big banks that are tightly regulated also took a hit, with citigroup shares more than 5%. go...