he beat the four time champion, england s mark selby. before this tournament, brecel hadn t won a single match at the crucible. joe lynskey was watching. here comes the belgian, luca brecel. this year in snooker the man to beat is luca. belgium s luca brecel could see this sport s finish line. 15 10 up in the world championship final, but up against mark selby. he has won this title four times before, but brecel s theme for the fortnight has been to take on the best. before this year he had not been past the first round. now with century breaks and sensational shots he could go all the way. but selby can do comebacks. wonderful shot. he is here off the back of a break from the game where he took time out for his mental health. last night he made a 147 maximum and yet still so far it s not been enough. the former champion was on the charge but luca brecel got a breakthrough. a mis brought a chance and new server set up one a crucial 17 frame and the pass was cleared to make it
the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. isaac, great to get you on the show. in the first instance, how much of a risk do you think there is of a failure amongst other us banks in the system? i failure amongst other us banks in the system? failure amongst other us banks in the system? i think there is a real risk of that- the system? i think there is a real risk of that. this the system? i think there is a real risk of that. this is the system? i think
i m karishma vaswani. we begin with the banking turmoil in the us. shares of several regional banks have closed in the red on monday. it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks,
to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. earlier, i spoke to oreana financial s chief global investment officer, isaac poole, who told me the turmoil will not end with the collapse of first republic. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really exposed to higher interest rates. we are going to see another interest hike from the fed which might add extra pressure on depositors and so forth. as we look out, there is a real risk that initially what was a bank specific problem becomes a wider problem for the syste
according to the imf. they were made ahead of the spring meetings which kicked off on monday in washington. from there, we have more. high inflation continues to play countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result, however, we have some of the week growth projections by the international monetary fund since the 1990s. meeting in washington this week, the increasingly fragile global economy will certainly be the focus along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. high inflation is already having an impact on poorer countries, pushing them further into financial distress. given the uncertain economic outlook, the imf believes more countries will be looking towards it for help. earlier i spoke withjohn lipsky the chair of the national bureau of economic research who is also in washington for the meeting and he told me cost of living will