ukraine stands and democracy stands. a vital message delivered by president joe biden today. made more significant when he delivered the words from kyiv itself. he walks side-by-side with president zelenskyy and the ukrainian capital. it s a moment filled with symbolism with an american president ineffectively a war zone with daily bombardment from russia s forces. two presidents who visit war zones like iraq or afghanistan. president biden delivered a message not just to president zelenskyy and the ukrainian people but to western allies as well as the russians. the message is that america the financial a military backer of ukraine is in it for the long haul. for you and all ukrainians, your mind the world every single day with the meaning of the word courage is. all sectors of your economy and all walks of life and it is astounding. astounding. it is priceless and worth fighting for for as long as it takes and that is how long we will be with you mr. president, for as long
what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. erica
people who are in distress here relative to these topics, it is huge. we do our best to take care of those folks in-house as well. and through our local partners it s so important. we are a year into this, as we said. do you worry about a lack of empathy from the outside world, that attention might be turned away? michael holmes, the generosity in sport we have seen so far from the international community here has been, frankly, humbling. i know there are competing catastrophes we are looking at. i want to acknowledge what the people of turkey and syria are going through right now as a result of their. but i will say that there has been a continuity of support relative to the ukraine crisis that he s moving and impressive. so, i hope that continues and the situation continues to unfold. matthew stearns, international medical corps. bank so much for the work that you and your colleagues are doing there in ukraine. it s valuable. thank you so much, michael. i m happ
to the big match. hello and welcome. presidentjoe biden is set for talks for european leaders in poland on tuesday, just hours after he left ukraine, following a secretly planned visit. mr biden s arrival in kyiv came just days before the first anniversary of russia s invasion and ahead of a major speech by the russian president to his parliment. vincent mcaviney reports. american presidents normally arrived to military band but in kyiv yesterdayjoe biden s historic visit was to the sound of an air raid siren. after months of planning, biden travelled in secret by a train for ten hours to an active war zone to mark the one year anniversary of russia s illegal invasion on friday. with unprecedented security in the capital, the americans had warned the kremlin thatjoe biden was coming. a point was being made. ukraine was still under attack but its most powerful ally was there to show its leader and people his support. the symbolism of the visit might be strong, but a few hundre
sidner in new york. this is cnn this morning. kaitlan collins is anchoring live in warsaw, poland. she has some new reporting. let s cabibegin with you, what you hearing? obviously, we are learning details about the details, what happened behind this visit. how the white house is planning this. it was obviously kept secret until president biden was on the ground. he was actually on the ground for some time before we had the white house confirm that he was there, but we re learning that it was months of planning that actually went into this. only a handful of aides from different agencies that were involved in this. obviously, they wanted to keep it an incredibly close hold, because it is such a sensitive visit. what we re learning from the white house is that it was last friday when president biden made the final decision that yes, he was going to be going into this active war zone, right around the anniversary of russia s invasion of ukraine. that s when he decided to go.