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Transcripts For BBCNEWS BBC News Now 20241003

Words and little action. That is part of the reason we are where we are. You know that i will take a stand. You saw me take a stand last year. And frankly, it is the only reason why i won my seat at the general election against all the polls and the pundits. The only seat that our party won in the whole of nottinghamshire and derbyshire, because my constituents, to whom i owe so much, knew that i took a stand. Forthem, owe so much, knew that i took a stand. For them, for the country, for the change we need. So, today, let me set out five changes that this new Conservative Party must make. Five stands that this new Conservative Party will take. And let me begin with this one. We must take a stand to secure our borders. We must secure our borders. Applause 120,000 people have entered our country on small boats on our watch. 99 of them are still here costing us billions. Frankly, there is no future for this party unless we take a stand to answer this problem. And the way to do that, we al

Transcripts For BBCNEWS BBC News 20240706

by about twice the global average. it s already increased by 2 degrees celsius. 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 fellow swiss bank ubs after a deal brokered by the swiss government. 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 markets. these three goals are very, very important to us. we

Transcripts For BBCNEWS World Business Report 20240706

a weekend of fraught negotiations in switzerland, as the authorities there, its central bank and leaders of its two biggest banks tried to prevent another damaging financial crisis. late on sunday, it was announced the troubled bank credit suisse was being taken over by its rival ubs in a government backed rescue worth more than $3.1 billion. that s less than half the value of credit suisse at the close of trade on friday. the deal s been widely welcomed, including by the bank of england, the european central bank and by the us federal reserve. but not everyone s happy. credit suisse bondholders have lost $17 billion, shares in both banks have slumped, and there has been a sell off of banking shares across the markets today. 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 mea

Transcripts For BBCNEWS BBC News 20240706

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

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