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Transcripts For BBCNEWS Newsday 20240706

bbc news. studio in singapore, this is bbc new- welcome to bbc news. our top story today: the us defence secretary says he had a rare phone call with his russian counterpart in the aftermath of a collision between a russian fighterjet and a us drone. the race is now on to recover the wreckage of the drone which is thought to be 1,200 metres deep in the black sea. russia has also said it will try to find the wreckage. meanwhile, america s top general said the whole incident was a result of russia s increasingly aggressive behaviour in the area. us defence secretary lloyd austin gave this update earlier. asi as i have said repeatedly, it is important that great powers be models of transparency and communication. the united states will continue to fly and to operate wherever international law allows. and it is incumbent upon russia to operate as military aircraft in a safe and professional manner. our diplomatic correspondent, james landale, has this report from kyiv. this is t

Transcripts For BBCNEWS BBC News 20240706

america s defence secretary says he s had a rare phone call with his russian counterpart in the aftermath of a collision between a russian fighter jet and a us drone. the race is now on to recover the wreckage of the unmanned aircraft. it s thought to be 1,200 metres deep in the black sea. russia has also said it will try to find the wreckage. meanwhile, america s top general said the whole incident was a result of russia s increasingly aggressive behaviour in the area. us defence secretary lloyd austin gave this update earlier. asi as i have said repeatedly, it s important that great powers be models of transparency and communication. and the united states will continue to fly and to operate were ever international law allows. and it is incumbent upon russia to operate its military aircraft in a safe and professional manner. 0ur diplomatic correspondent, james landale, has this report from kyiv. this is the kind of unmanned aircraft that crashed. an mq 9 reaper patrolling th

Transcripts For BBCNEWS BBC News 20240706

welcome to our viewers on pbs in america and around the globe. the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes that the problems of us banks would stay in the us have not panned out. shares in switzerland second largest bank credit suisse dropped to record lows. we should point out that credit suisse is a bank that has been terminal for years. credit suisse is a bank that has been terminalfor years. as one analyst put it it has been a slow moving car crash. two new things have happened to spook investors. the bank said there was material weakness in its financial reporting and its top supporter ruled out lending it any more money. all this adds to concerns about

Transcripts For BBCNEWS BBC News 20240706

the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes michelle fleury, has more. the problems of us bar would hopes the problems of us banks would stay in the us haven t panned out, shares in switzerland is second largest bank credit suisse dropped 20% to record lows, should point out credit suisse is a bank which has been in turmoilfor years as one wall st analyst ported a slow moving car crash will stop to new things have happened speaking investors, it has material we in its financial reporting and its top back ruled out lending it any more money, all of this is adding to concerns about the global banking system, in an attempt to stabilise the troubled lender the sw

Transcripts For BBCNEWS Outside Source 20240707

sophisticated weaponry is helping ukraine challenge for key cities, in the south and the east. us presidentjoe biden and china s president xijinping held a phone call today, and there were warnings and assurances about the us position on taiwan. taiwan is an island off china s south east coast. it behaves like an independent state but beijing considers it part of china, and says it will re take it, by force if necessary. there have been tensions between the us and china over that possibility. and today, xijinping told joe biden that the us should abide by the 0ne china principle with regard to taiwan according to chinese state media. with regard to taiwan and president xi said: those who play with fire will only get burnt. joe biden responded that on taiwan. the us policy has not changed. let s remind ourselves what this is all about. back in may, this happened. are you willing to get involved militarily to defend taiwan, if it comes to that? yes. you are? that s t

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