let s start in the us where some of the worlds leading money managers are warning the collapse of another american bank could lead to a credit crunch and an economic slowdown. constrained lending as a result of stricter banking regulation could stifle credit to the us economy at a critical time. we ll get an expert view on this in a moment but first here s my colleague samira hussain on the collapse of first republic. as of monday, first republic customers turning up at their bank are in fact customers ofjp morgan chase. the signs above will soon change. first republic had been under pressure since the collapse of silicon valley bank and signature bank two months earlier. last week, first republic revealed deposited had removed $100 million in the space of a few months. customers feared their money was not safe. investors became convinced that it too was about to fail. riding to the rescue of america s distressed financial system, the boss of america s biggest bank, jamie dim
washington, where the us debt ceiling fight is heating up, with both sides showing no room for compromise yet on an issue that impacts the global economy. us treasury secretary janet yellen has issued a letter to congressional leaders, warning the us could run out of cash byjune 1st. that s prompted president biden to call a meeting with the top leaders in congress next week seen here. in the letter, yellen warned: speaker mccarthy responded to yellen in a statement, saying: the republican controlled house passed a debt ceiling bill last week that includes steep spending cuts. senate democratic majority leader chuck schumer announced a process to pass a clean bill with no cuts just hours ago. meanwhile, a little relief in the banking sector. wall street giantjp morgan chase took over the troubled first republic bank in a 10 point 6 billion dollar deal brokered by regulators. hey seized first republic early on monday, after efforts to rescue the bank fell through over the we
welcome to hardtalk. i m stephen sackur. what do you really want to watch on tv? of course, i d like to believe it s the serious, challenging interviews you get here on hardtalk, but my guest today maybe has a different take. jerry springer is the king of tabloid trash talking television in the united states. his show specialises in dysfunctional relationships and sex. his guests curse. they throw chairs. sometimes they fight. critics call it cynical and manipulative tv, but it s made him famous and rich. so, does he care? jerry springer, welcome to hardtalk. it s nice to be here. thanks for having me. it is pretty incredible. your show, from small beginnings in cincinnati more than 20 years ago, has made you famous around the world, and it is still going across america and internationally. how come? probably because it has a niche. when it first came on, we had never, at least in the states, i can only speak about what goes on in the states, we had never seen people that are
he beat the four time champion, england s mark selby. before this tournament, brecel hadn t won a single match at the crucible. joe lynskey was watching. here comes the belgian, luca brecel. this year in snooker the man to beat is luca. belgium s luca brecel could see this sport s finish line. 15 10 up in the world championship final, but up against mark selby. he has won this title four times before, but brecel s theme for the fortnight has been to take on the best. before this year he had not been past the first round. now with century breaks and sensational shots he could go all the way. but selby can do comebacks. wonderful shot. he is here off the back of a break from the game where he took time out for his mental health. last night he made a 147 maximum and yet still so far it s not been enough. the former champion was on the charge but luca brecel got a breakthrough. a mis brought a chance and new server set up one a crucial 17 frame and the pass was cleared to make it
jerry springer is the king of tabloid trash talking television in the united states. his show specialises in dysfunctional relationships and sex. his guests curse. they throw chairs. sometimes they fight. critics call it cynical and manipulative tv, but it s made him famous and rich. so, does he care? jerry springer, welcome to hardtalk. it s nice to be here. thanks for having me. it is pretty incredible. your show, from small beginnings in cincinnati more than 20 years ago, has made you famous around the world, and it is still going across america and internationally. how come? probably because it has a niche. when it first came on, we had never, at least in the states, i can only speak about what goes on in the states, we had never seen people that are on my show on television before. american television was primarily upper middle class white. all the sitcoms, whether it was friends or seinfeld or whatever, always well scrubbed people speaking the queen s english and all of