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
for their lowest paid workers. rmt members who work for the 1a train operating companies are still due to go on strike, but this vote todayis due to go on strike, but this vote today is being seen as a breakthrough. we will have more of that on the news channel and the bbc news at six. time for a look at the weather. here s ben rich. good afternoon, today is the spring equinox, the beginning of the astronomical spring. and certainly, we have been feeling the days getting longer. the sunrise this morning in the east of england was just before six o clock in the sun won t set in parts of northern ireland until nearly quarter to seven this evening. but you may not get to see too many sunrises and sunsets this weekend because the jet stream, high up in the atmosphere, is blowing strongly across the atlantic feeding what is essentially a conveyor belt of weather systems in our direction. it will often be cloudy and there will be quite a lot of rain. this is the rain we expect to a
the chairman of the bbc, richard sharp, is facing questions in parliament this morning. he s appearing in front of the digital, media, culture & sport committee he s likely to be asked about his involvement in securing a loan for former prime minister boris johnson. let s listen in. establish the facts about the loan arrangement with the then prime minister, which was being set up at the same time as he was making the appointment of the bbc chair. essentially, from what i ve read, there were three people involved, sam blythe, borisjohnson and you. who started the whole procedure, who approached herfirst? weill. who started the whole procedure, who approached her first? approached her first? well, first of all, thank approached her first? well, first of all. thank you approached her first? well, first of all, thank you very approached her first? well, first of all, thank you very much approached her first? well, first of all, thank you very much for - approached her f