hello and welcome to bbc world news. the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. fears about the possible collapse of credit suisse sparked falls in stock markets around the world over recent days, and raised fears of another global financial crisis. the rescue deal follows a weekend of emergency talks between the two banks, after credit swiss saw its value plummet over the past week. the swiss national bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy. our geneva correspondent imogen foulkes explains the significance of this merger on the global stage. it s early days. but i don t think it s going to be easy. ubs is the bigger of the two, but both of them are already huge. if you lookjust in switzerland, both of them have at least one branch, more in a big city like bern
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
we begin in the us in what could become the largest product liability settlement in history. the pharmaceutical s giant, johnson &johnson has proposed paying almost $9 billion to settle tens of thousands of lawsuits that allege the company s talcum powders causes cancer. the new move seeks to resolve all current and future claims and follows a decade long legal battle between plaintiffs lawyers and johnson & johnson. my colleague samira hussain with the details. johnson &johnson johnson & johnson has johnson &johnson has been dogged for use by claims that its talcum powder causes cancer. in 2021 it settle a lawsuit in newjersey brought by 21 women who blame the company for that very cancer and is set aside another 2 billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuits. now the company says it will increase the potential size of all settlement to 8 $.9 billion. the company stopped selling it talcum product
has set out its economic forecast for the year. the country has set a modest target for economic growth this year of around 5%, as it kicked off the annual session of its national people s congress which is poised to implement the biggest government shake up in a decade. last year, successive strict lockdowns slowed growth in china. official figures show the world s second largest economy grew by 3% last year, which was way below the government target of 5.5% and its slowest for decades. janet mui is head of market analysis at brewin dolphin. talk to me about this slowdown because it is a sort of figure that most developed economies would love to have right now, but a slow down to have right now, but a slow down to 5% marks quite a shift in a china s economic outlook. good morning- china s economic outlook. good morning. thank china s economic outlook. good morning. thank you china s economic outlook. good morning. thank you for - china s economic outlook. good morning.
in ukraine fierce fighting continues as russian forces advance on the eastern city of bakhmut. the deputy mayor says the region is almost destroyed. and the stars behind the irish comedy the banshees 0f inisherin speak to usahead of the oscars on sunday. to feel it as colloquial and then see it go out into the world and be received by people from all sorts of, you know, the corners of the globe that we share is pretty surprising and cool. hello and welcome to viewers in the uk and around the world. exactly a month after the devastating earthquakes which killed more than 50,000 people across turkey and syria, an unprecedented number of people are living without proper shelter. the united nations development programme the undp estimates that in turkey alone at least one and a half million people still inside the disaster zone are homeless. the true figure could be even higher. let s show you some live pictures from hatay in turkey which was one of the worst affected