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BBCNEWS BBC News July 6, 2024

the temperature up here in the alps is rising by about twice the global average. it s already increased by 2 degrees celsius. and 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by rival swiss bank ubs in a deal brokered by the swiss government over the weekend. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international fin ....

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BBCNEWS BBC News at Ten July 6, 2024

20 years ago tonight, baghdad was under attack, as the american led invasion got under way. we ll be looking at the tragic legacy. iraq sank into a nightmare. no one knows exactly how many iraqis were killed, it s in the hundreds of thousands. and workers have agreed a deal with network rail, but pay disputes with the train companies are still not resolved. and coming up on the bbc news channel. fulham s aleksandar mitrovic is charged with violent and improper conduct following his red card in the fa cup quarterfinal defeat at manchester united. good evening. the catastrophic impact of climate change and fears for the future of the planet have been laid out in a major new report which the united nations has described as a survival guide for humanity . climate experts say there is a closing window of opportunity to build a sustainable future, but they say that will involve rapid cuts to the use of fossil fuels, and maximising the use of clean energy and technology. th ....

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FOXNEWS Cavuto Live July 6, 2024

off from his mar-a-lago home sometime on monday on there for the formal arraignment on this 30-plus indictment that has been handed down. he would be the first former president to have to deal with something like this. it will be historic, and we re told that plans have been made to make it as unzoo-like, if you can use such a term, as possible by closing off traffic in lower manhattan and making sure that the former president can get safely into and out of that building. he will have to be the fingerprinted, he will have to be given a mug shot. there will be no handcuffing going on here, and he will be likely field on his own reconnaissance to the head back to florida. so we re keeping track of all of those storms. let s get the ones impacting a lot of folks who in some cases are dealing with this all off again. will nunley in wynne, arkansas, with more on that. reporter: nile, many a lot of cases absolutely total losses of their homes. and in the case of wynne, loss ....

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CNN CNN This Morning July 6, 2024

know for monday, march 20th. donald trump making a push to avoid criminal charges. in the stormy daniels case, one of his allies will testify before a new york jury today, and this all comes as trump claimed that he will be arrested tomorrow but the timing of any potential indictment remains unclear. a lot more on that. and another roller coaster week for financial markets began as a major bank takeover is announced. swiss relagulators announced ub is buying credit suisse. asian and european markets are down. vladimir putin playing host today to chinese president xi jinping. the two leaders are set to meet in moscow, a critical moment for russia s war in ukraine, days after the war crimes arrest for vladimir putin. a state of emergency has been declared in miami beach. unruly crowds, the city s mayor is calling the situation untolerable. ted lasso is headed to the white house. jason sudeikis and the cast will be there to talk about the importance of mental health. ....

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CNN CNN Newsroom With Fredricka Whitfield July 6, 2024

that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing bank s assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large. the tech sector has seen layoffs and funds been sold off. that has led to panic. that s led to group chats of founders of vcs all abuzz with what to do with svp. that led to panic. nobody wants to be the last customer held at a bank. help break down all those affected. svb was the premier bank in silicon valley. we ve seen tech companies banking at svb as kind of a badge of honor. right ....

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