hello and welcome to bbc world news. the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. fears about the possible collapse of credit suisse sparked falls in stock markets around the world over recent days, and raised fears of another global financial crisis. the rescue deal follows a weekend of emergency talks between the two banks, after credit swiss saw its value plummet over the past week. the swiss national bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy. our geneva correspondent imogen foulkes explains the significance of this merger on the global stage. it s early days. but i don t think it s going to be easy. ubs is the bigger of the two, but both of them are already huge. if you lookjust in switzerland, both of them have at least one branch, more in a big city like bern
as veteran broadcaster ken bruce prepares for his last show on radio 2. it s entirely within the bbc s right to ask me to step away a little early and gardening leave is a known concept in broadcasting and in many other areas. good morning. the bbc understands that some energy firms are expecting the government to keep support at, or near, current levels and they are amending their bills with that expectation in mind. the typical energy bill for a household in the uk is set to rise to £3,000 a year from april, but there are calls for the government to keep its current level of support. that support currently means the government is limiting the typical bill to £2,500 a year, plus a £400 winter discount. that support is due to end in april and fuel poverty campaigners say that means the number of households struggling to afford bills could rise from 6.7 million to 8.4 million. a treasury source said it wouldn t comment on speculation, but the chancellorjeremy hunt told the
bipartisan issues of support, and so is the principle of not holding the full faith and credit of the united states hostage for ideological aims just because the president is from a different party. and that s your reality check. john, thank you very much for that. and new day continues right now. today, the trump organization goes on trial for tax fraud. i m john berman with brianna keilar. the former president s family business charged in connection with an alleged scheme to compensate executives off the books. one of those executives ex-cfo allen weisselberg, cooperating with the d.a. if the trump organization is convicted it would be required to pay back taxes and fines. donald trump and his children are not accused of wrongdoing in this case. kara scannell is outside the courthouse with the latest. just an hour or so from now, jury selection will begin in the criminal tax fraud trial of the trump organization. the judge will begin the screening of prospective
come with us. we re heading for the valley. going where? did you say? mexico. all the way down. you going all the way to mexico tonight in this old heap of junk? reckon the town will get along without us tli monday? oh, i reckon. i was young enough to bounce that far, i d go with you. the last picture show was a movie that, however old i was when i saw it, i said, oh my god this movie is about me. this movie is about us. this movie is about america as we are right now, here in the mid- 70s, not as we were back in the early 1950s. do you think the last picture show is a john ford type movie? no. i think it s a peter bogdanovich type movie. peter bogdanovic loved movies, had a sense of movie history, but had a very strong sensibility. he spoke to a new generation, both visually and emotionally. orson welles read the script. and i said, i d like to get that depth of feel, everything being sharp, the way you did in citizen kane, touch of evil.