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Transcripts For BBCNEWS World Business Report 20240706



giant has revealed results for the first quarter of this year. the last quarter before it had to be rescued by its swiss rival andy illustrate the scale of the crisis which was around the corner. betweenjanuary and march, credit suisse made a pre tax loss of nearly one and a half billion dollars and to add to its woes, a massive amount of deposits were withdrawn in that three month period. total output was nearly $69 billion and to remind you what happened next, there were fresh doubts about the stability of the wider banking industry, just a few weeks ago investors became increasingly fearful for the future of credit suisse, it was eventually bought by the swiss rival in what was described as an emergency rescue. the $3 billion price tag a mere fraction of what the bank would have been previously valued. this crop looked cross live to the head of investment at interactive investment. for being with us. what s interesting is that we also heard from credit suisse today t ....

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Transcripts For BBCNEWS BBC News 20240706

work and to help people stay in the work. we saw things like money for a digital service to help people reflect on their careers and finances, with some money for careers in extra training places, and most substantially, i think, we have seen a big investment and support for people who are disabled are out of work for a long term health condition want to go back again in a sustainable way. that investment has come alongside some changes in the benefit system, which are rightly controversial and need to be looked at, but they do have the potential to make a really big difference to help people return to work you fall out of it, and particularly in our 60s, for health reasons. ~ . . , particularly in our 60s, for health reasons. ~ . ,, particularly in our 60s, for health reasons. . ,, ., reasons. what was missing and he was missin: out reasons. what was missing and he was missing out as reasons. what was missing and he was missing out as a reasons. what was missing and he w ....

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Transcripts For BBCNEWS BBC News 20240706



terms if they refuse to appear for sentencing. nominations for the snp leadership race close at midday with humza yousaf, kate forbes and ash regan expected to appear on the ballot paper. and new research for the bbc suggests the price of pasta has nearly doubled in two years with the rate of food price rises still running at almost 17%. good morning and welcome to bbc news. president volodymyr zelensky has said ukraine will do everything it can to defeat russia this year in a statement marking the anniversary of vladimir putin s full scale invasion. ceremonies are taking place across the country remebering those killed or forced to flee from the conflict. here in the uk rishi sunak will urge allies to increase military support to ukraine during a meeting of g7 countries. there will also be a minute s silence across the uk at 11 o clock. our first report comes from james waterhouse. a thud, marking the moment when ukraine and the world. air raid siren sounds. ..changed ....

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Transcripts For BBCNEWS Breakfast 20240706

invasion of ukraine, which took place exactly a year ago. the motion, which calls for the withdrawal of troops from ukraine and a halt to fighting, was backed by 1m nations with 32 abstaining and seven, including russia, voting against. let s speak now to our ukraine correspondent, james waterhouse, in kyiv. james, the russians thought this would be a short invasion and kyiv would be a short invasion and kyiv would be a short invasion and kyiv would be on their hands by now. he we are, year on. is would be on their hands by now. he we are. year om we are, year on. is right. on that morning. we are, year on. is right. on that morning. this we are, year on. is right. on that morning, this time we are, year on. is right. on that morning, this time last we are, year on. is right. on that morning, this time last year, - we are, year on. is right. on that morning, this time last year, the | morning, this time last year, the once unthinkable happened. so many ukrainians tho ....

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Transcripts For BBCNEWS BBC News 20240706



take part in a contest to succeed nicola sturgeon as scottish national party leader. good afternoon. it s a year since russia launched its invasion of ukraine and there are no signs that the conflict is coming to an end. there have been huge casualties on both sides and millions of people have become refugees. the conflict has also affected the global economy, threatening supplies of food and energy. speaking in kyiv earlier, ukraine s president zelensky says his country will do everything it can to achieve victory this year and wouldn t stop until those he called russian murderers had faced punishment. our international editor, jeremy bowen has reported on the conflict from the very beginning, and has been looking back at the last 12 months with some of those who he s spoken to along the way. the russians expected a quick victory, taking back what president putin believes is theirs. a year later the war is not close to over. ukrainians are fighting back in a war na ....

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