hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly
we can t afford to be able to put her in nursery for some days a week so i can go back to work. so it s quite difficult really, but announcing this sounds really promising. big changes to pensions too to encourage people to stay in employment, but the chancellor s plans prompt accusations that his budget favours the rich. also on the programme tonight. markets fall in europe and the us amid concerns about the troubled banking giant credit suisse. it s a lovely ball through to benzema. break s here for vinicius. then benzema. and there s no miracle in madrid as liverpool are knocked out of the champions league. and coming up in the sport, but you left the best of the action from snakes champions league clashes, it is mission improbable liberal pool and nurture it, find out how they fare against the defending champions. liverpool. good evening. the chancellor, jeremy hunt, has pledged to build for the future in his first budget, promising it will deliver growth. he told mp
Now the union seems to have been reassured that everythings back on the table. The finer detail has to be worked out, but im very assured by the prime ministers intervention, and we certainly will as we have always said we will put our plans on the table, they can put their plans on the table, but im confident that we will come out with a fair pay settlement for our nursing staff. Neither side will say what numbers will be discussed or what might be offered for the next financial year. In the meantime, nhs leaders are relieved that escalated Strike Action has been called off. Its welcome news, first and foremost because it averts next weeks planned Strike Action which would have spelled major disruption for patient care. So, leaders across the nhs will be relieved this evening that talks will commence. The Scottish Government meanwhile has offered a 14 pay deal to Health Unions over two years. The rcn says it will recommend this to members. In wales, an offer around 7 this year is bein
hello and welcome to switzerland. i m in the town of chateau d oex. it s known for its gruyere cheese, which is delicious, and the international balloon festival, held in the valley behind me every winter. but let s start somewhere a little warmer. mexico city s ancient canal network was first built by the aztecs. it stretches 180 kilometres, and these days, the whole district of xochimilco is a unesco world heritage site, but one that could do with a bit of a clean up. we sent eva zu beck there to find out why. check out all these amazing boats, they re so colourful. these are called trajineras. i was honestly expecting to go on a quiet little boat ride, but this place is a real fiesta. we re stuck in a trafficjam of like ten different boats tourist boats, shop boats. man sings the moment you leave behind the super busy embarcaderos of xochimilco, it feels like you enter a completely different world. there s so much wildlife here, so much greenery. it s just so serene. but