there were sharp losses in early trading, although banking stocks have since rebounded slightly. ubs is currently up 3.5% let s take a look now at how the markets are performing more broadly. trading began in the us an hour ago. we can see the dow is up, the snp 500 also on 5.2%. in asia and in europe, there was some initial fright taken by investors, particularly because certain bondholders in credit suisse have lost all the value of their investment, but by the middle of the trading day most european indices were trading positively again. now, one aspect of the deal was that any investor holding additional tieri bonds, or ati bonds, in credit suisse will get nothing. that s more than 15 billion euros written off. it spooked the whole ati bond market which is worth more than 200 billion euros. let s discuss this in more details with dan kemp, global chief investment officer at morningstar investment management. why is the burning of these bondholders so controversial? that
order to reduce the rights of people to claim and to thwart their removal. the bbc is to speak to one of its highest paid presenters after he criticised the government s immigration plans on social media hello this is bbc news, the un secretary general, antonio guterres is in ukraine to hold talks with president zelensky about the continued export of ukrainian grain. brokered by the united nations and turkey lastjuly, and secured with russia, the deal enabled the shipping of ukrainian grain from odesa via the black sea, through the bosphorus strait in istanbul. but, now the deal is due for renewal and russia has signalled before it agrees to an extension it wants more done to lift curbs on its own agricultural ports. our diplomatic correspondent james landale is in kyiv and explains why russia might be hestitant on signing off the deal renewal this grain deal that allows some grain to pass through the black sea from ukraine through to the world markets is actually two agreeme
closing of access to asylum in the uk for people arriving irregularly, we believe it s a clear breach of the refugee convention. they will enable us to take a very bold and forward leading steps in order to reduce the rights of people to claim and to thwart their removal. the bbc is to speak to one of its highest paid presenters, gary lineker, after he criticised the government s immigration plans on social media. he bbc investigation reveals how scammers and con people out of hundreds scammers and con people out of hundreds of millions of dollars. hello and welcome to bbc news. the un secretary general, antonio guterres is in ukraine to hold talks with president zelensky about the continued export of ukrainian grain. brokered by the united nations and turkey lastjuly, and secured with russia, the deal enabled the shipping of ukrainian grain from odesa via the black sea, through the bosphorus strait and istanbul. but, now the deal is up for renewal and russia has signalled t