powerful. at the same time, the layers who have been trying to silence them shrink and they become weaker. that s the iron law of the universe. true things prevail. the new york times reports the redacted text messages were even worse than ones revealed in the court filings and there was one message that was particularly offensive which added to the concern at the top of the company. that s from the times reporting this morning. we don t know what the message was. but just yesterday the wall street journal reported carlson called a senior fox news executive the c word, the same word he used to describe sidney powell who was a regular guest on fox news. here is how one of carlson s former producers who is now suing fox news described the culture of that show behind the scenes. woman were objectified. it was a game. it was a sport. female politicians who came on the show were mocked. there were debates about who they d rather sleep with. c word all the time. joini
hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly
we begin with a wide-ranging attempt to restore americans confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commit to ensure that our financial system remains strong. yellen also said that no taxpayer money is being used to reimburse those depositors. more on her testimony in just a moment. but first, let s check object markets right now. stocks are surging on word that major banks are in talks to rescue ailing first republic bank. cnn s matt egan is here with us. so talk about this potential rescue of first republic bank. yeah, bianna and victor, over the weekend, we had this government-led rescue. now i
vital grain exports from ukraine. and, a new zulu king is crowned in south africa in the first such ceremony since apartheid. hello and welcome to bbc news. south korea s president has declared a period of national mourning following a crush in the capital, seoul, that is now known to have killed 151 people, and injured dozens more. president yoon suk yeol visited the scene early this morning. he said that such an accident should not have happened and that it will be investigated thoroughly. he also said the government would pay for the medical care of those injured and the funerals of those who died. huge crowds of teenagers and young people had jammed into the narrow streets of the itaewon district to celebrate halloween. the area is known for its busy nightlife. our correspondent in seoul, jean mackenzie, has this report and a warning you may find some of the images distressing. young people out to party, having fun, until things suddenly change. oh, my god! by the end of
away and amara, we can see the finish line now. yes, we can. it feels like it s been a long last several weeks. we are finally here. this is the last weekend of campaigning before tuesday s elections as the candidates and their surrogates make their final push for votes. in the battle for control of the senate it comes down to a handful of key states, including pennsylvania. president biden, barack obama and donald trump all campaigning in the state today. the president keeping his focus on democracy and the economy. he says he is optimistic about the midterms, but polling has indicated that the momentum is on republicans side. another race that could decide who controls the senate is in georgia between senator raphael warnock and former football star herschel walker. millions of voters have already cast their ballots. in fact, early voting is up compared to the 2018 midterms. almost 35 million people in 47 states have voted early. and our reporters and correspondents