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BBCNEWS BBC News July 6, 2024

the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference earlier. on friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence, and that a swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with our regulator, with credit suisse and ubs. the federal council welcomes the takeover and is supporting it by guaran ....

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BBCNEWS BBC News July 6, 2024

hello and welcome to bbc world news. the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. fears about the possible collapse of credit suisse sparked falls in stock markets around the world over recent days, and raised fears of another global financial crisis. the rescue deal follows a weekend of emergency talks between the two banks, after credit swiss saw its value plummet over the past week. the swiss national bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy. our geneva correspondent imogen foulkes explains the significance of this merger on the global stage. it s early days. but i don t think it s going to be easy. ubs is the bigger of the two, but both of them are already huge. if you lookjust in switzerland, both of them have at least one branch, more in a big city lik ....

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FOXNEWS Tucker Carlson Tonight July 6, 2024

a man who leads by 30 points in polls. donald trump and the jury did this at the urging of a man called alvin bragg. he s the manhattan district attorney who has been famous so far by making the city much more dangerous by refusing to enforce laws against crimes like robbery and . now, we don t know at this hour what the indictment says. we don t know specifically what the charges are. but previous news reports suggest they will emanate from an alleged payment. seven years ago, a payment that federal regulators said violated no law, but that alvin bragg apparently believes is a crime, either way, the net result is donald trump is the first former president of the united states ever to be indicted. so what happens next? we can be certain there is no coming back from this moment. there could be retaliation from red states. the governor of florida has already said ron desantis already issued a statement saying that he will not participate in any extradition of donald tru ....

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CNN CNN Newsroom July 6, 2024

top of the hour this thursday. i m jim sciutto. i m erica hill. we begin this hour with the new reporting of the chinese surveillance balloon, and the state department is confirming that this device was capable of monitoring u.s. communications. that is likely one of the new details that lawmakers are learning this morning. the biden administration is giving classified briefings on the issue on capitol hill a short time ago, and we will give you more of what we are learning in a moment, and with reclosely following what is happening in europe. the ukrainian president volodymyr zelenskyy is calling on the european allies to step up the assistance and talking about specifically what they could do in his mind game-changers. fresh off of the sales pitch in wisconsin, president biden is headed to florida to expect to drive home his pledge in particular to protect social security and medicare, and we will have more on that message from the white house ahead. first of all ....

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MSNBC Jose Diaz-Balart Reports July 6, 2024

dozens of people were kill and injured in greece when two trains collided head on at high speeds. what we know ahead. and we begin on capitol hill, where right now attorney general merrick garland is fielding questions from the senate judiciary committee. as the justice department investigates classified documents found on the properties of president biden, former president trump, and former vice president pence. today s hearing comes after congressional leaders received the classified briefing from the doj yesterday, which they said, quote, left much to be desired. and this morning, the washington post reports that leading up to the doj s august search of former president trump s mar-a-lago estate, two senior fbi officials who would have been in charge of leading the search resisted the surprise plan as too combative. and proposed seeking trump s permission to search his property according to four people familiar with the discussions. i want to bring in nbc news ju ....

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