the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference earlier. on friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence, and that a swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with our regulator, with credit suisse and ubs. the federal council welcomes the takeover and is supporting it by guaranteeing
people sing classical music # hallelujah #. it s very bad. # hallelujah #. the weekend is just around the corner, let s see how the weather is looking for most of us it s not looking for most of us it s not looking bad at all. we have plenty of dry weather on the way with a few sunny spells but it s going to be chilly. high pressure is set to establish itself across the uk and will stick around, not just establish itself across the uk and will stick around, notjust over the weekend but for most of next week. so here are the details and starting with the satellite picture from earlier on this morning it actually was quite bright in some areas but then the cloud came and we ve seen this weather front, a weak weather front across the country, it did produce a bit of rain but the skies are starting to break across the western and north western areas. the temperatures are about 9 12 which is above the average for the time of the year, but it feels quite a bit colder because of tha
Well have to wait until the effects of Climate Change become really tangible before the world recognises that it needs to take action. I think weve got to that point. Even back at the start of this year, the problem that weighed most heavily on ukraines president zelensky was will his western allies stay the course . I remember how frank he was about the need for ukraines counteroffensive to go well. Well, it certainly hasnt gone badly but its never produced the major victory that ukraine needed and that its supporters prayed for. Explosion now, hungary is deeply sceptical about backing ukraine. An openly pro russian politician has just topped the poll in the elections in slovakia. The polish government, with an election coming up, has chosen to criticise ukraine. And most serious of all, the political infighting in washington means that its hugely valuable aid to ukraine cant be funded as before at least for the time being. So, what does all this add up to . Well, Vladimir Putins shar
At least 73,500 sheltering in dozens of schools. And overnight in israel, Palestinian Militants targeted southern towns like ashkelon with a barrage of rocket attacks. Heres more of what we know at this hour. The Israeli Military says more than 700 israelis have been killed. More than 250 bodies have been found dead at the site of a Music Festival in southern israel. The Gaza Ministry of health says 413 palestinians have been killed by israeli air strikes in gaza, including 78 children and 41 women. Israel says it is still trying to regain full control of eight areas where hamas militants infiltrated following saturdays attack. The number of israeli civilians and soldiers taken hostage has been put at 100 by the Israeli Embassy to the us, though some have been freed. In northern israel, hezbollah rockets targeted three military positions with israel responding with barrages of artillery into southern lebanon. At a meeting of the un security council, the organisations middle east envoy