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we ll have a special report. hello, very warm welcome to the programme. the financial times is reporting that ubs switzerland s biggest bank has agreed to buy credit suisse for more than two billion dollars. there s been no confirmation yet of whether the offer has been accepted. it s thought an earlier offer of $1 billion was considered too low. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerland s central bank, but that had not prevented a sharp fall in its share price. our business correspondent marc ashdownjoins me. we spoke a little earlier. it s not offering to billion. offering to billion. they have aareed offering to billion. they have agreed that offering to billion. they have agreed that figure. offering to billion. they have agreed that figure. it s - offering to billion. ....
Translation: they don t show what he did to the city. in two months of such dense fire that the russian army, under the leadership of its main war, criminal putin in two months, only in two months, they destroyed the city by 50%. every second high rise building no longer exists. 90% are damaged. what did they build? and most importantly, where did they build? for whom did they build? they built houses on the outskirts of the city where there s no electricity, water supply and drainage communications. they built this just to prove that their version of what s happening there is true. but they lie. they lie that they came to liberate the city. they destroyed it. this city does not exist any longer and it takes 20 years to restore it. but that s true, even with no linear. ....
In the region has continued. in one town, ten apartment buildings are said to be ablaze after being hit. this is the governor of luhansk, speaking to the bbc. you know, people are scared of the situation happening now in mariupol, i shall explain. the russian army is getting ready to report the criminal putin that they have fully captured the region. and they will stop at nothing. they cannot break through our resistance. that is why they simply will be wiped off the face of the earth so that not the stone is left after the shelling. breaking news in terms of another delegation. and they will be ....
Around us though they are all just rich people and they all live close to putin. it s not true, some oligarchs live in london and have yachts here there and put hates them. and some oligarchs don t live in london, they run gas companies, and we re not seizing their assets, and they want there s other assets of these oligarchs to be seized. so it s the right thing to do, i support sanctions, they re putting a lot of pressure on the russian society. i just think we have to be careful about how we talk about how these kinds of things will actually impact putin and his decision-making. it s not so clear cut the way it works. yeah, and he should be done careful if it s gonna have the impact that it s intended to have. and lassiter mcfaul, i want to press you on what you heard in what was the soaring part of the speech, lifting up presidents ellen ski, who is right now, the world s most visible freedom fighter. the president is so ....
Consistently declassified intelligence about what is to come, and hauntingly, he s been correct. i want to ask you, the president said this, we remain clear eyed, the ukrainians are fighting back with pure courage, but the next few days, weeks, and months will be hard on them. putin s unleash violence and chaos, but while he may make gains on the battlefield, he will continue to pay high price over the long run. is the president what is he saying? what should we hear? i heard a couple of things. it s a great thing to focus on. one is, remember, putin initially started with a shotgun awe. he thought the ukrainians would run, he thought as eleni would be in poland, that he could just roll in, and everybody would be happy and greet him, happily. that didn t work. you saw the anger in putin s voice, just a couple of days ago, when he put his nuclear forces on alert. if you re winning the war, you don t make threats like that, right? now we re moving to a different ....