turmoil is spreading. credit suisse will borrow almost $54 billion from swiss bank. the bank stock surging in the first few minutes of trading today in europe as shares plunged to a record low on wednesday after getting cut off by its biggest shareholder. anna stewart is live in london. markets are now open there. what is the latest? reporter: i think that we re seeing a bit of relief now on the european indices particularly with the banking stocks. let me show you how the european market opened. all the major indices are higher by around a percentage point led by the smi in switzerland. credit suisse closed down yesterday 24%. and today you will see share price is now up around 23%. i think some investors saw a little bit of value early this morning as a result of what the swiss central bank has decided which is that they would provide liquidity back stop and credit suisse have taken them up on that offer, $53 billion in terms of the loan. and they will be buying back arou
biden, joe biden s daughter-in-law who he spent time with in delaware, was also a recipient of that money according to the reports around these documents of two transfers of thousands of dollars. kellyanne conway and juan williams join us in just a moment. first to nancy mace from the house oversight committee. great to have you back. we heard from james comer, the chairman of the committee that there were other unnamed biden family members that were recipients of the money and now we re learning it s hallie that was married to beau biden and later married hunter biden. what are your thoughts on this today? i want the american people to know the united states is not for sale. china will not get away with paying off members of the biden family. this is wrong, this needs to be investigated and the more that we learn the worse it gets. we learned this week that $3 million taken from a chinese company going to a biden family associate. within 24 hours, maybe less than, that mon
globe, protests in france ahead of the vote on the draft law for pension reform. the bill if passed would see france s retiring age gradually rise from 62 to 64. and a new plan for child care will cover 30 hours a week in january. and spain s crown princess will begin military training later this year. she is first in line to the throne. she will eventually become manager in chief of spain s armed forces. and coming up next, president biden ultimatum to the chinese owners of tiktok. and chatgpt is so yesterday. the next generation of artificial intelligence is already here. we ll discuss.
the insanely popular app used by 2/3s of americans teens is really heating up. the first time, there s the real prospect that president biden could ban it. the administration has issued a ban based on national security concerns. the biden ultimatum, if it is not just hardball negotiating, tik tok s owner must sell to a company outside china, presumably in the u.s. or the ban will take effect. president trump also tried to get a sale but it fell through before he left office. senator marco rubio is pushing a bill that would do what the president is proposing. divest in america or die. nobody wants to be soft on beijing heading into an election year. tik tok is banned on federal government and military phones and some state governments out of concern that the chinese regime, which owns a share of
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