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the biden administration approves a controversial oil drilling project in alaska despite fierce opposition from environmentalists no losses will be borne by the taxpayers. the money would come from the fees the bank pays in the deposit insurance fund. junior doctors in england begin three days of strike action in their dispute over pay and conditions and at the academy awards, one film wins almost everything all at once, including best actress the uk s prime minister rishi sunak says china represents a challenge to world order, as it has fundamentally different values. the remark has come ahead of major talks on a defence agreemtment between the us, uk and australia, due to get under way in san diego shortly. here are pictures of president biden that move is seen as an attempt to counter chinese military power in the indo pacfic region. the discussions come as the uk also way in san diego shortly. here are pictures of president biden leaving andrews airbase for ....
In terms of people being critical of the left or the right. the issue is getting involved in party political matters. the bbc will be relieved that their star presenter will be back on air this weekend after a chaotic week. until the review is concluded, though, the social media guidance in its current form remains in place. helena wilkinson, bbc news. president biden has said americans should rest assured that the us banking system remains safe, after the failure of the california based silicon valley bank. in a televised address from the white house, mr biden said his administration had acted to ensure that svb customers would be able to get all their money. he said he would do whatever was needed to maintain stability. earlier, the british multinational, hsbc, agreed to buy the uk arm of silicon valley bank forjust over a dollar. our business correspondent, ....
Now banking giant hsbc has stepped in. it s buying svb s uk business for one pound, ensuring its customers can access their money and avoiding the need for any kind of taxpayer funded rescue. we were faced with a situation where we could have seen some of our most important companies, our most strategic companies, wiped out, and that would have been extremely dangerous, and that is why the prime minister and i, the bank of england, were all rolling our sleeves up over the weekend to make sure we had a solution. the government insists the collapse of svb did not pose a wider risk to the uk s financial sector. but some analysts believe it should be taken as a warning. the government generally and regulators have had a good weekend, in actually avoiding a crisis, but the irony is thatjust at the moment when the government is thinking of slackening off the regulations of the financial services industry, this incident happens and it s a powerful reminder that it s a very dangerous industry ....