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
i m bianca nobilo. everyone needs to be held accountable, everyone needs to be held to the same standard of the law. team trump apparently has information regarding trump s credibility. credit suisse in ways unrelated to the united states. we do know financial security has tlaebed that has become an already strong economic recovery. live from london, this is cnn newsroom with max foster and bianca nobilo. it s a monday, march the 20th. 8:00 a.m. here in london. 4:00 a.m. in new york where a grand jury is expected to indict former president donald trump any day now. the case is recommended to an alleged hush money payment made to adult film star stormy daniels. at least one more witness is expected to testify in the probe which could delay the indictment. attorney is expected to here from the legal attorney for michael cohen. and could testify to offer a rebuttal. every single thing that i have said so far has been, first of all, found to be accurate and tr
continue to slaughter more innocent ukrainians. we don t want to see that. again, we ll see what these leaders come out with and what they say at the end of these discussions. we ll watch this very, very closely. again, we have communicated privately to the chinese. we certainly have communicated it publicly that that would not be an outcome that s to the better, not only of china and their interest, but certainly to the ukrainian people and to the whole idea of peace. what does it say to you that after the international criminal court issued that arrest warrant for putin, that, a, xi did still show up in russia, but you saw putin over the weekend in mariupol, in all of these other cities. i think to your first question, you ve got to keep this relationship in some sort of context here. these are two nations who chafe and bristle at the idea of u.s. leadership or u.s. influence around the world. they don t like playing by the r rules, that the world order has in place and
the financial times is reporting that the swiss bank ubs has offered to buy its rival, credit suisse, for more than $2 billion. the swiss government is due to hold a press conference in about half an hour s time in bern. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerland s central bank, but that had not prevented a sharp fall in its share price. let s get more on this with our business correspondent, marc ashdown. mark, what you make of the announcement, the possible announcement? the possibility that ubs might be buying? fix, announcement? the possibility that ubs might be buying? announcement? the possibility that ubs might be buying? a deal has been aareed u- ubs might be buying? a deal has been agreed up and ubs might be buying? a deal has been agreed up and it ubs might be buying? a deal has bee
as to how long for. the scottish national party s chief executive and husband of its outgoing leader has resigned after the party reveled a sharp drop in its membership. hello to you in the uk and around the world the former us president, donald trump, says he expects to be arrested on tuesday and has called on his supporters to protest. in a post on his own social media platform, he claimed to have seen leaks from the manhattan district attorney s office which is yet to comment. mr trump is accused of paying hush money to an alleged mistress. supporters and detractors of the former us president have also talked about it. i mean, this isjust beyond ridiculous at this point. i mean, you can keep going after him and the outcome is all going to be the same, and it s only going to incite more people to come out and support, 0k? that s what it s about. the more people we have to show everybody, it doesn t matter, we are still going to support him and he s going to win. what ha