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Transcripts For BBCNEWS Newsday 20240706

for $1 billion to help turkey recover from last week s catastrophic earthquakes. the british prime minister travels to northern ireland amid speculation about a post brexit, trade deal. there is this possibility of a deal being agreed early next week. the prime minister is here and is going to want to try to smooth the way with the political parties. the family of hollywood actor bruce willis say he s suffering from a type of dementia. he announced his retirement last year. and an array of celebrities attend a memorial service for dame vivienne westwood in london. the era defining fashion designer died aged 81 in december. live from our studio in singapore, this is bbc news, it is newsday. hello and welcome to the programme. next week marks the first anniversary of russia s invasion. ahead of that, ukraine s president zelensky has been speaking to our world affairs editorjohn simpson, reflecting on what s happened and what may happen ahead. president zelensky said his troops

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Transcripts For BBCNEWS BBC News 20240706

his health s deteriorated. he s now suffering from a type of dementia. and stars gather for a fashionable farewell. a memorial s held in london for dame vivienne westwood who died in december aged 81. two leaders on opposing sides of the war in ukraine have spoken to the bbc in the run up to the one year anniversary of russia s invasion. ukraine s president zelensky tells us he won t concede territory to russia in any future peace deal to end the war. he insists doing so would leave ukraine weaker as a state, and give vladimir putin cause to want to keep coming back . meanwhile, one of the russian leader s staunchest allies, alexander lukashenko of belarus, has told the bbc he d be willing to allow russia to launch a fresh ground assault from his country. we ll hear from steve rosenberg in the belarusian capital minsk in a moment. but first, here s our world affairs editor, john simpson, in kyiv. a year on, president zelensky may be stressed and deeply tired, but there s a

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Transcripts For BBCNEWS Newsday 20240706

voice-over: live from our studio in singapore, - this is bbc news. it s newsday. welcome to our viewers on pbs in america, and around the globe. eleven of america s biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure, as a result of market turmoil. the us treasury secretary, janet yellen, insists the rescue deal is evidence of resilience in the country s banking system. ican i can reassure the members of the committee that our banking system is sound, and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commitment to ensure that our financial system remains strong, and that depositors s savings remain safe. our north america correspondent, peter bowes, told us what prompted janet yellen to strike such an upbeat note. for about a week now, since the collaps

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Transcripts For BBCNEWS BBC News 20240706

a group of big american banks has injected $30 billion into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two month low, after the eurozone s central bank hiked interest rates by a half of 1%. us treasury secretary janet yellen insists the us financial system remains sound, despite a series of bank collapses. let s cross to los angeles, and speak to our north america correspondent, peter bowes. peter bring us up on what the latest is and what is going on. it clearly is a big boost for first republic was that there were fears it could go under just like silicon valley bank did last week, and this $30 billion, from 11 major banks, that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic alive, because first republic is a very prominent banker in california, in los angeles, over the

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Transcripts For BBCNEWS BBC News 20240706

welcome to our viewers on pbs in america and around the globe. a group of big american banks has injected $30 billion into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two month low after the eurozone s central bank hiked interest rates by 0.5%. our north america correspondent peter bowes has more. this clearly is a big boost. there were fears he could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive because first republic alive because first republic is a very prominent bank here in california in los angeles, over the last few days we have seen people queueing outside to take their money, their investments out of that bank and placed them with other larger banks, such as been their concern that it cou

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