the temperature up here in the alps is rising by about twice the global average. it s already increased by 2 degrees celsius. and 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 rival swiss bank ubs in a deal brokered by the swiss government over the weekend. 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
china also supplies semiconductors to russia, that is also very important, and we are not even broaching here the question of lethal aid china might provide to russia. so, for all those reasons the visit of xi jinping is significant. ukraine will be part of the conversation, but i do not see xi jinping cracking the whip and forcing putin to the negotiation stable. it will not happen. why do you say that, and could china force that position on president putin anyway? china is not interested in escalation. that is fair to say. china does not want this conflict to go beyond what it already is. 0n the other hand xi does not want to throw putin under the bus so russia s defeat is not in chinese interests or what they will push to once as a frozen conflict, that is an china s internet and aligned to the peace plan which seeks some kind of negotiated solution through dialogue but does not exclude territorial concessions. we do not see ukraine agreeing to this anytime soon, nor is putin and a
could china for that position enemy? j could china for that position enemy? china is not interested in escalation that is fair to say, it does not want this conflict to go beyond with it already is, on the other hand xi does not want to throw putin under the bus so russia s defeat is not in chinese interests or what they will push to once as a frozen conflict, that is an china s internet and aligned to the peace plan which seeks some kind of negotiated solution through dialogue but does not exclude territorial concessions. we do not see ukraine agreeing to this anytime soon not as putin and a position where he says i am so desperate negotiate, easter want to solve this conflict by military means. want to solve this conflict by military means. why is it in the china interest military means. why is it in the china interest to military means. why is it in the china interest to be military means. why is it in the china interest to be frozen. i military means. why is it in the| china