hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly
hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly and remove their funds from banks
we ll be looking at the story of the man who s made it to the top of scottish politics, and we ll be asking about the major challenges he now faces. and our other main stories also on the programme tonight: prince harry arrives unexpectedly at the high court in london in a privacy case against the daily mail and mail on sunday. mass protests and widespread strikes across israel may force the government to postpone its controversial plans to appoint judges. and people are urged to stay out of the water in poole in dorset and coming up, questions are taught hotspur after they part ways with antonio, who is next for the premier league stance? good evening from edinburgh. we re at the scottish parliament on the day a new leader was elected by the scottish national party. he s humza yousaf, he s 37 years old, and he s now set to become first minister of scotland and to be one of the most powerful and prominent politicians in the united kingdom. the leadership contest was triggered
duly elected as the scottish national party leader. history is made as humza yousaf becomes the first muslim to lead a major political party in the uk. i will be a first minister for all of scotland. i will work every minute of every day to earn and to re earn your respect and your trust. we ll be looking at the story of the man who s made it to the top of scottish politics, and we ll be asking about the major challenges he now faces. and the other main stories tonight. in israel, mass protests against controversialjudicial reforms force a government delay. but tonight it s supporters of the plans who are on the streets. prince harry unexpectedly appears at the high court, one of several famous names involved in a privacy case. and the families of lost crewmen still searching for answers exactly 80 years after the sinking of hms dasher. coming up on bbc news in halfan hour. france go head to head with the republic of ireland. welcome to bbc news at ten, which comes tonight fr