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
as in westminster hall, members of the public filed p the as members of the public filed past the queen s coffin. i as members of the public filed past the queen s coffin. the queen s coffin. i don t know, it felt really strange. the queen s coffin. i don t know, it felt really strange. i the queen s coffin. i don t know, it felt really strange. i came - the queen s coffin. i don t know, it felt really strange. i came on - the queen s coffin. i don t know, it felt really strange. i came on the l felt really strange. i came on the behalf of my mum, really. but it touched me as well. it behalf of my mum, really. but it touched me as well. it is impressive when ou touched me as well. it is impressive when you get touched me as well. it is impressive when you get in touched me as well. it is impressive when you get in there, touched me as well. it is impressive when you get in there, the - touched me as well. it is impressive when you get in there, the silence l when y
and the indian adaptation of the hollywood classic forrest gump is released next week. we hear from the bollywood superstar aamir khan. it kind of feels like it is a dream now because it has been such a long journey and we have come to the end and it feels a bit unreal. live from our studio in singapore, this is bbc news. it s newsday. it s eight in the morning in singapore, and 9:00am in tokyo where japan is demanding an immediate end to china s military exercises around taiwan, after five chinese missiles landed injapan s exclusive economic zone. the us national security spokesman, john kirby said beijing had no reason to act aggressively. beijng, you ll remember, is conducting live firing exercises in the sea around taiwan for the next several days, in response to a recent visit there by the senior us politician, nancy pelosi. from taiwan, rupert wingfield hayes reports. it began with this barrage of rockets streaking into the sky from the southeast coast of china. it s th
we start here in the uk where the bank of england has given its bleakest forecast in recent memory a prolonged recession is on the way, starting this autumn and continuing all of next year and into 202a. if accurate, it would be the longest downturn for the uk economy since the financial criss in 2008. inflation is predicted to hit more than 13%, driven by the sharp rise in energy bills. and in an effort to rein in soaring prices, the bank has raised interest rates by the most in 27 years, piling more pressure on households. 0ur economics editor faisal islam reports. as the essentials, from fuel to food, continue to surge in price, with little sign of an end, hitting every household in the country, eventually the entire economy too will actually begin to shrink, a recession now predicted for britain. at the bank of england the governor presented the grim news with troubling charts, almost all heading in the wrong direction. gdp growth in the uk has slowed and the economy is
a uk recession lasting until the end of next year the grim forecast from the bank of england as it announces the biggest interest rate increase, for nearly 30 years. and the indian adaptation of the hollywood classic forrest gump is released next week we talk to the bollywood superstar aamir khan. it kind of feels like a dream now because it s been such a journey and we ve come to the end, it s about to release any kind of feels unreal. it s six in the morning in singapore, and seven am in tokyo where japan is demanding an immediate end to china s military exercises around taiwan after five chinese missiles landed in the country s exclusive economic zone. beijing you ll remember is conducting live firing exercises in the sea around taiwan for the next several days, in response to a recent visit there by the senior us politician, nancy pelosi. tokyo has lodged a strong diplomatic protest and the white house has also condemned china s actions. the us national security s