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welcome to our viewers on pbs in america and around the globe. the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell—off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes that the problems of us banks would stay in the us have not panned out. shares in switzerland second—largest bank credit suisse dropped to record lows. we s...

the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell—off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes michelle fleury, has more. the problems of us bar would hopes the problems of us banks would stay in the us haven't panned out, shares in switzerland is second largest bank credit suisse dropped 20% to record lows, should...

a very warm welcome to the programme. we begin here in the uk. it is the morning after that budget. the chancellor has insisted his first budget is transformational and will get people back into work. jeremy hunt set out major changes to pensions and benefits, as well as an expansion of free childcare in england, all designed to boost economic growth. the new pension tax rules will allow higher earners to save more into their pensions, tax free. the opposition labour party has said it's the �*wrong priority�* for the �*wrong people.�* emma simpson reports. at this nursery in ...

is calling on richer countries to "step up" to help developing nations reduce their dependence on fossil fuels. good afternoon. police say the firebombing of a migrant processing centre in dover last sunday was motivated by an extreme right—wing terrorist ideology. 66—year—old andrew leak from buckinghamshire threw up to three devices at the site. he is believed to have later taken his own life. the government has been facing widespread criticism for its handling of overcrowding at an immigration centre nearby. in a separate development, there was a disturbance overnight at an ...

hello and welcome to audiences in the uk and around the world. we start on wall street where stock markets have suffered their worst first half of the year in more than five decades. as of the close on thursday, the s&p 500 index of top us firms has lost more than 20% between january and june, a sell—off on a scale not seen since 1970 when president nixon was in the white house. for the tech—dominated nasdaq, it's been even worse — a near 30% fall for the first half is the worst in its history. from new york, samira hussain has more. the sell—off of the stock market over the ...