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BBCNEWS BBC News July 6, 2024

a group of big american banks has injected $30 billion into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two month low, after the eurozone s central bank hiked interest rates by a half of 1%. us treasury secretary janet yellen insists the us financial system remains sound, despite a series of bank collapses. let s cross to los angeles, and speak to our north america correspondent, peter bowes. peter bring us up on what the latest is and what is going on. it clearly is a big boost for first republic was that there were fears it could go under just like silicon valley bank did last week, and this $30 billion, from 11 major banks, that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic alive, because first republic is a very prominent banker in california, in los angeles, ov ....

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BBCNEWS BBC News July 6, 2024

welcome to our viewers on pbs in america and around the globe. a group of big american banks has injected $30 billion into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two month low after the eurozone s central bank hiked interest rates by 0.5%. our north america correspondent peter bowes has more. this clearly is a big boost. there were fears he could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive because first republic alive because first republic is a very prominent bank here in california in los angeles, over the last few days we have seen people queueing outside to take their money, their investments out of that bank and placed them with other larger banks, such as been their concern that ....

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BBCNEWS BBC News July 6, 2024

11 of america s biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure as a result of market turmoil. our north america correspondent peter bowes has more. well, this clearly is a big boost. there were fears it could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic is a very prominent bank here in california, in los angeles. over the last few days, we have seen people queueing outside to take their money, their investments out of that bank and place them with other larger banks, such has been their concern that it could go under. there has been a ripple effect, if you like, throughout the banking communities, and a ripple effect that we have seen really now go right across ....

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BBCNEWS The Travel Show July 6, 2024

watch your head! and i m journeying into the realm of the stingless jellyfish. humans are not part of their diet, so you re fine. this week i m in the philippines, on the island of siargao, some 700 kilometres south east of the country s capital manila. named after a native mangrove, the island became famous for its surfing scene, considered the best in the philippines. but the main draw for many is siargao s largely unspoilt natural environment. and when you are zipping around on a bike it s easy to see how stunning this place is. in 2019 siargao was voted the best island in asia, and was dubbed the next bali, with plans for further development on the horizon. in december 2021, everything changed. category 5 super typhoon 0dette hit the island off guard, with wind speeds of up to 195km/h. these winds caused huge amounts of damage, while storm surges flooded coastal areas. oh my gosh. so it has been a little over a year since super typhoon 0dette hit this island, but yo ....

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BBCNEWS BBC News July 6, 2024

creatures grew so big or how they came to die out, but their size and their success for millions of years puts our own existence into sharp perspective. rebecca morelle, bbc news. now it s the weather with darren bett. we had more rain today but at least it is a little bit warmer. temperatures in northern ireland reached 16 degrees today and it s actually a bit warmer than normal for the time of year across many western parts of europe. in south west france temperatures were topping 30 degrees. of course it will not last and as we change month we will change the weather. it will turn cooler across many western parts of europe but it should also be turning drier at the same time. looking at the rain we had over the past few hours, this is continuing to push across scotland. heavy rain developing across england and wales. a bit further north now. that rain will tend to slide away into the north sea but we will keep some patchy rain going across northern england. 0therwise ....

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