you are in the cnn newsroom. i m paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland s largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global economic analyst, rana foroohar joins us now. all right, rana, can you explain to us this deal? yeah, absolutely. so a little bit of con context. credit suisse has been a troubled bank for some time. so this, you know, this is a bank that over the last couple of years has had any number of crises. it s been considered weak in the marketplace. even late last year, it was having its own problems to
finance laws. good morning. listen, we don t know what happened if there is going to be an indictment. they say it s pointing that way. no one knows. good morning, everyone. poppy is off. the testimony you just saw that, was from four years ago. now will this be the case that finally sticks against the former president sflum donal trump? we re tracking a violent mexican drug cartel that written an alleged apology letter saying, sorry for the deadly kidnapping of four americans that killed two of them. did they actually turn over their own gunmen? we ll investigate. new trouble for tiger woods. his ex-girlfriend is now suing and trying to tear up a nondisclosure agreement. we re going to discuss all of. that but we re going to begin with this story that we told you off the top. donald trump hush money and a potential indictment that could be coming soon. the new york times is reporting the district attorney s office here in manhattan is signalling trump will face cri
man, hung him in a tree. who would do something this hideous? in my vision, a brown-skinned man in a gray casket, i couldn t tell who he was. and that s when i began to call all my children. when i think about the hurt my mom went through, i can t talk about it. the mobile police department just didn t want to believe that mobile would still have klan in it. but they did. the fact that klansmen lived across the street from where this happened, it was something that the police officers found more to be a coincidence. michael donald was an innocent, good samaritan, not a thug. the likely suspects were identified. but we had the wrong people. we felt the cops and the klan working hand in hand. we re calling upon mobile s black community to be as cool as possible in response to this murder. let there be no doubt, the klan is behind this. but you gotta prove it first. the body of a black man has been found hanging from a tree in mobile, alabama. lynching is a
tomorrow almost one year to the date of russia s invasion full-blown invasion of ukraine. the president pledging uncavering u.s. support for ukraine and nato allies and it comes after the u.s. sent an unmistakable message to two an tag nifts at the u.n. security council. vice president kamala harris accused of the wrussia of the wr and talk about the trip the president will take. very important and coming at a time when the world is marking this one-year anniversary, if you want to call it that, one year since this full bloen rus blown invasion of ukraine and one russian president vladimir putin wouldn t have predicted. the president ushered much of the aid to ukraine. reporter: and warning of a potential russian offensive in the next weeks or months. crucial moment, you laid out. president biden headed to poland tomorrow reinforcing support among allies and make it clear they still stand by ukraine and will be providing as they have been humanitarian and security assistanc
who would ve thought it? and i also think this is the first time we really can say, you know, with clarity, that a criminal indictment will be coming down the pipe for a former president of the united states. this is one of the days. mark it on your calendar. the tides of history seem to be turning. and if it happens, it might not be the only one. indeed not. thank you, alex. have a good night. thank you. well, the breaking news of the night is that the manhattan district attorney could soon become the first prosecutor in american history to charge a former president with a crime. the new york was the first to break the news reporting. the prosecutors offered mr. trump the chance to testify next week before the grand jury that has been hearing evidence in the potential case, the people said. such offers almost always indicate an indictment is close. it would be unusual for the district attorney, alvin el al bragg, to notify a potential defendant without ultima