by about twice the global average. it s already increased by 2 degrees celsius. 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by the swiss government. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to us. we
announcer: this is cnn breaking news. you re watching cnn news central. i m boris sanchez in washington. we want to talk about the breaking news at a new york border crossing. the fbi is investigating a vehicle explosion there. this is at the rainbow bridge, u.s./canada border crossing. it s get to brynn gingras with the latest details. reporter: the fbi, the atf, the joint terrorism task force, federal authorities on the u.s. side and on the canada side are monitoring the situation trying to figure out what happened. what we know is that there was a car crossing into the u.s. from canada and what has been described as a crash at that crossing there at the rainbow bridge. then, a subsequent explosion is what the fbi is describing. whether or not this was sinister is not clear at this point. as you can imagine, at this point of entry it s going to be an uptick in security across that area. that is what we re seeing currently in response as this is still being investiga
people. that is one possible effect that could filter through given the right amount of time. that could filter through given the right amount of time. taking a look at this purely right amount of time. taking a look at this purely from right amount of time. taking a look at this purely from the right amount of time. taking a look at this purely from the banking - at this purely from the banking perspective, if people think back to 2008, the financial crash, banks were criticised for irresponsible lending and excessive risk taking and so forth. have enough lessons being learned from that and changes instituted to make sure that sort of crash doesn t happen again? that’s crash doesn t happen again? that s the million-dollar crash doesn t happen again? that s the million-dollar question - crash doesn t happen again? that s the million-dollar question here i the million dollar question here because whilst changes were absolutely made across the financial system as a result of t
speak with a spokesman. they did not allow our diplomatic vehicles onto the scene. time is really moving quickly. do you know anything more about the black boxes? ukrainian officials said recorders were still in there country, but they don t know who have them. is there a sense of where they might be? part of the problem is there doesn t seem to be one commander in charge. when we did ask to speak to a leader, nobody was produced. we did ask about the black box and we got a shrug of the shoulder. that hasn t been produced yet. it s a huge problem, obviously, because we also brought with us, by the way for the second day,
no debris, no proof your loved one is gone. rage and grief followed the missing airliner as families screamed their frustration on international television. with flight 17, the rage is directed not internally but at an outside source. malaysia this time is not a bungling country grappling with a mystery but victim demanding answer. this outrage cannot go unpunished. once again, malaysia condemns this brutal act of aggression and calls for those responsible to be found. and to face the full force of justice without delay. reporter: the clarity of what happened in this crash doesn t make it any easier, say grieving friends and family them say it is simply different. the special coverage continue