And now on bbc news, thursday in parliament. Hello and welcome to thursday in parliament. Coming up as the conservative leadership candidates contemplate leaving the eu without a deal, mps condemn the idea. Nothing short of that an act of economic vandalism. But the brexit secretary stands firm. I think no brexit is worse than no deal. Also in the Program Peers demand action on knife crime. If we dont do something about this those families, those young people will continue to pay for our inaction. The government has ruled out extending the brexit deadline beyond the 31st october. And the brexit secretary told the commons that leaving the eu without a deal would be better than staying in it. The issue of a no deal brexit has been reignited by comments from the conservative leadership candidates. Jeremy hunt has said that if we get to october without the prospect of a deal, we will leave without a deal. Borisjohnson has also repeated his pledge to get out of the eu on 31st october, but h
across the region. they re venting their anger over soaring fuel and fertilizer costs, low prices for their produce, and increasingly restrictive eu regulations. demonstrations by farmers are planned in poland, hungary and italy today. italy s government has promised tax breaks to ease hardship for farmers after hundreds began gathering with their tractors this week, on motorways outside rome and turin. this was the scene on thursday. and in cyprus, farmers blocked the entrance to the european union s offices in nicosia, on thursday. there were also demonstrations in bulgaria. and more tractor protests across spain for the third day in a row, with farmers disrupting traffic in barcelona, and in smaller cities all over the country. they say eu rules to protect the environment make them less competitive. they have also had to compete with imports from ukraine after brussels waived duties and quotas after the russian invasion. this and renewed eu talks on a south america trade d
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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. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference a short time ago. on friday, the liquidity showed that it was no longer possible to restore the necessary confidence, and the swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with a regulator, credit suisse and by ubs. the federal council has every confidence that in this difficult situation, the takeover of credit suisse ubs is to restore the confidence that
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