millions of dollars to deal with illegal channel crossings. hello and welcome to bbc news. start in the us where regulators have shut down silicon valley bank, one of the major lenders to tech companies and start ups. in one of the largest banking failures in the us since the 2008 financial crisis. tech correspondent jane clinton has explained how it happened. but forjames. this is one of the days that will go down in silicon valley history and it certainly one of the most stressful days for silicon valley founders in modern times. we spoke to people today who have been able to withdraw their money from silicon valley bank and some haven t. one person put in a wire request yesterday and waited nearly 2a hours and eventually found out they got the money out but another person says they have tried and tried and tried and have not been able to withdraw any funds and say they physically came down to one of these branches to try and get these branches to try and get the money out.
could be called later, after a legal deadline for the resumption of power sharing passed at midnight. prince harry announces the title and publication date for his memoir, promising a raw and unflinchingly honest account of his life. and proof that bumblebees really do get a buzz out of playing with balls. elon musk has completed his $44 billion deal to buy twitter, after months of legal battles. the company s chief executive is reported to be among a number of seniorfigures who ve been fired, sources told us media they were escorted from the firm s headquarters. he has just tweeted, the bird is freed . earlier this year, mr musk, the world s richest person, attempted to back out of the purchase. we ll talk later to our tech correspondent james clayton. the united nations says there s no credible way of limiting the rise in global warming to one of the key thresholds agreed at the paris climate talks in 2015. a new report says governments around the world have been woeful
the un urges elon musk to ensure twitter respects human rights as concerns grow about the platform spreading more hate speech since his takeover. and singer and rapper aaron carter is found dead at his home in california. hello, welcome to the programme. the crucial us midterm elections, which will decide who controls congress, are just a couple of days away and president biden and former president obama have taken to the stage together at a campaign rally in pennsylvania. mr biden urged the cheering crowd in his home state to back the democrats john fetterman for the senate. he said the elections would shape the country for decades to come. this isn t a referendum this year, it s a choice a choice between two vastly different visions of america. vastly different. maybe it s in our blood, butjohn and i believe that all it s all about fighting for working and middle class people. the way i ve said from the beginning of my my objective when i ran for president was to bui
since his takeover. and singer and rapper aaron carter is found dead at his home in california. hello and welcome to bbc news. the crucial us midterm elections, which will decide who controls congress, are just a couple of days away and president biden and former president obama have taken to the stage together at a campaign rally in pennsylvania. mr biden urged the cheering crowd in his home state to back the democrats john fetterman for the senate. he said the elections would shape the country for decades to come. this isn t a referendum this year, it s a choice a choice between two vastly different visions of america. vastly different. maybe it s in our blood, butjohn and i believe that all it s all about fighting for working and middle class people. the way i ve said from the beginning of my my objective when i ran for president was to build an economy from the bottom up and the bottom up and the middle out. it s a fundamental shift compared with the oz and the meg
plus rising prices falling ratings. can president biden win the argument on the us economy with just days to go until the midterm elections? and a pressing crisis. the cost of olive oil set to soar with harvests shrivelled by europe s summer heatwave. hello. we start here in the uk which is now facing the longest recession since records began, a century ago. that was the bleak warning from the bank of england on thursday, as it raised interest rates to 3% to try to dampen down soaring inflation. the bank says the uk economy is already in recession, and could keep declining until the middle of 202a. the pound slumped on the news to its lowest in more than two weeks. here s our economics editor faisal islam. the end of a decade and a half of ultralow interest rates was always going to be difficult, but dealing in mortgages has in recent weeks felt more like the stock market than the housing market. , , stock market than the housing market. , , . ., , market