. . . . you were in the cnn newsroom paula read in washington, jim acosta is off. we begin with the latest emergency act aimed at a time global banking crisis, switzerland ubs is buying the rival credit suisse after the bank lost 25% of value the past week as major depositors fled in droves. even as an emergency loan from the swiss national bank failed to shore up confidence. that bank says the take-over of ubs should, quote, secure financial stability and protect the swiss economy. joining us is cnn economics and political commentator catherine, first i want to go cnn anna stewart. put this in perspective, how big of an announcement is this. this was for the time one of the biggest banks in the world and definitely a major bank in europe. being in the midst of a huge set of restructure the last couple of years, it was already under pressure and you ve seen the pressures on the banking sector with silicon valley bank, you can say it was a weak link started to debuckl
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traveling to taiwan, what are the political implications of xi jinping and china trying to get more involved in the ukraine war. taiwan crystal lieses the threat from the chinese party and the united states one needs to continue to send arms to taiwan as it prepares strategy defense in-depth against a potential chinese invasion, work with taiwan on energy security, right now they have two to three weeks energy reserve, no a good place to be in when you re on an island. finally this applies to taiwan building but everywhere else in the world especially in democracies, we have got to do a better job of countering disinformation and propaganda. we should be supporting local journalism efforts holding a social media companies to account for how they allow disinformation and deep fakes to propagate because the chinese are watching concerted propaganda efforts throughout the world. congressman jake, thank you
lesser sentence. is that a smart strategy? you know, i think it s always dangerous to start blaming the victim, especially at the sentencing phase of a case. while the case is going on at trial that was the strategy defense used to try to explain away kim potter s actions but we re in the sentencing stage, which is a completely different part of the case. and so i think that that s a dangerous move. i understand why they did it, they re trying to say kim potter acted reasonably and daunte wright may have brought some of that on himself. that doesn t ping off my ear or anyone else s ears as well. that s a risky move. it crosses as a little tone deaf to be honest. i want to get your thoughts on another case going on right now, in minnesota. the federal civil rights trial of the three officers who were on the scene when george floyd was murdered. their main defense strategy, at least so far, seems to be blame derek chauvin. he was the senior officer on the scene. he s the one we ve al