the people risking their lives to get aid packages to remote ukrainian communites, as russian forces try to stop them. and trouble on the streets of the city of love, as tourists dodge rubbish bags due to strikes. a very warm welcome to the programme. we begin in california. the leaders of the us, britain and australia, meeting in california, have given details of a defence pact that will provide australia with nuclear powered attack submarines. president biden said the aukus pact would boost security in the indo pacific region for decades to come. the agreement comes in response to china s growing military strength and territorial claims. our political editor, chris mason, has more from san diego. a pact of old democracies, coming together to counter a new and growing adversary china. australia and the united kingdom are two of america s most stalwart and capable allies. our common values, ourshared vision for a peaceful, prosperous future unite us all across the atlantic
let s update you on the fallout following the collapse of silicon valley bank. injapan today shares in its biggest banks have dropped sharply as global markets react to the banking sector sell off in the us. despite a promise from us president biden that his government would do everything needed to maintain stability. on monday americans were lining up outside their branches to access their funds. some venture capitalists in california were seen taking out their money in cashier cheques worth millions of dollars. the volatility sparked by the collapse of svb has led to speculation the federal reserve will now pause its plans to keep raising interest rates, designed to tame inflation. our north america business correspondent, michelle fleury, reports from new york. what the hammock in the us banking sector means for the broader economy is to be seen but it s taking calculations about how america s fight against inflation maeve plouffe. economists at goldman sachs no longer exp
expansion of free childcare provision in england in his budget on wednesday. it s seven in the morning in singapore, and 7pm in washington dc in the united states where the us military has said that a russian fighterjet has collided with an american military drone over the black sea. officials said the plane was struck in what it called a reckless and unprofessional action. russia s ambassador to the us has been summoned to the state department to explain the incident. the us says the drone was involved in a routine operation in international airspace when the russianjets tried to intercept it. at a press conference, a pentagon spokesman gave more detail. at spokesman gave more detail. approximately 7:03 i the at approximately 7:03 a:m., one of the russian aircraft struck the propeller of the m2 nine causing forces them to bring it down in international waters. several times before the collision, the dumped fuel on influent front of the m2 nine and a reckless and unprofessi
from china with leaders of the us and australia. and hopes of a deal in the next 2a hours, between gary lineker and the bbc, in a row over impartiality which disrupted sports programmes over the weekend. live from our studio in singapore this is bbc news. it s newsday. hello and welcome to the programme. some of hollywood s biggest stars are arriving for the 95th oscars ceremony in los angeles. the main films in contention include everything everywhere all at once , all quiet on the western front and the banshees of inisherin . let s cross live to hollywood and the bbc s peter bowes whose at an oscars watch party. great to have you on the programme, as always, peter. what is on your watchlist today? what is on your watchlist toda ? ~ , ., today? well, isn t it an exciting today? well, isn t it an exciting night - today? well, isn t it an exciting night to? - today? well, isn t it an - exciting night to? everything everywhere all at once certainly leading denomin
all depositors in the failed silicon valley bank can to retrieve their funds at the start of the next working day. the uk prime minister flies to california to discuss defence and the potential threat from china with leaders of the us and australia. and hopes of a deal in the next 2a hours between gary lineker and the bbc in a row over impartiality which disrupted sports programmes over the weekend. live from our studio in singapore, this is bbc news. it s newsday. hello and welcome to the programme. some of hollywood s biggest stars are at the 95th oscars ceremony in los angeles. the main films in contention include everything everywhere all at once, all quiet on the western front and the banshees of inisherin. we ve already had the winners for best animation, best supporting actress and actor, best documentary. let s cross live to hollywood and the bbc s peter bowes who is at an oscars watch party. i have to say, it has been pretty exciting for the cast and crew of everythi