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
by russian fighter pilots forcing down an american drone. john: welcome back as america reports rolls into hour two. get set to roll again, sandra. sandra: a breaking news two hours, john, and following through on that. the latest move by an american rival, and just like the spy balloon, critics are calling on the president to act. response can t we do nothing. our adversaries are going to be on the march as long as we let them. direct test of the biden administration to try to see what the limits are and it s a message of their displeasure, and a test to see if we ll respond to it. john: how will the white house respond to the criticism? sandra: start us off, jacqui, a lot could come up a few moments from new. no kidding, sandra. after the spy balloon, the biden administration responded by sanctionings some of the chinese entities involve in the airship of this. and russia hawks are saying the biden administration has to strongly respond to a fighter jet taki
north myrtle beach. and it is rising here in new york city. it s actually a beautiful day. ainsley: and, if you live in chicago, go vote early in the morning. i think they are expecting bad weather later this afternoon. steve: but, if it s chicago. ainsley: for mayor. steve: if it s chicago vote early vote often. ainsley: is that the slogan? steve: for many years. ainsley: polls just open. brian: important election in wisconsin as well. everyone is talking about what is happening in new york. steve: couple hours away from former president donald trump s unprecedented arraignment here in new york city where he will be arrested. brian: one report indicates he will have 34 felony counts it however the indictment remains under seal. a press conference from alvin bragg later. sources say he is not expected to be put in any handcuffs. ainsley: our fox news senior correspondent laura ingle got up early. she joins us outside of the court house. when i was dri
just ahead on cnn newsroom ukraine will never be a victim for russia. never. he thought we would roll over. he was wrong. historic coast to coast snowstorm takes hold of the upper midwest with dangerous snowfall and dangerous travel conditions and the threat for severe weather in the southern part of the country. i don t want them because i don t know what is in it. norfolk southern s corporate agreed, incompetence and lack of care for our residents is absolutely unacceptable. from london, this is cnn newsroom with max foster and bianca nobilo. it is wednesday, february 22, 9:00 a.m. in london, 10:00 a.m. in warsaw poland where joe biden will wrap up his final day meeting with the secretary-general and leaders of the group known as the nine. and there was a different perspective from pooutdvladimir on the war. putin tried it to blame the west but mr. biden made clear it was putin who is responsible. president putin chose this war. every day the war conti