11 of america s biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure as a result of market turmoil. our north america correspondent peter bowes has more. well, this clearly is a big boost. there were fears it could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic is a very prominent bank here in california, in los angeles. over the last few days, we have seen people queueing outside to take their money, their investments out of that bank and place them with other larger banks, such has been their concern that it could go under. there has been a ripple effect, if you like, throughout the banking communities, and a ripple effect that we have seen really now go right across the wo
earlier, the uk, the us and the european commission announced similar bans over security concerns. the chinese owners bytedance deny passing users information to the chinese government. now on bbc news, hardtalk. welcome to hardtalk. i m stephen sackur. ever since the failure of the so called oslo process to deliver a lasting israeli palestinian peace, that conflict has been a matter of mutual recrimination and sporadic violence. but now, the conditions seem ripe for something different, something worse. israel has the most far right government in its history. palestinian disillusion with the status quo seems to be stoking militancy. my guest is palestinian politician, physician and civil rights activist mustafa barghouti. what, if anything, can the palestinians do to improve their situation? mustafa barghouti in ramallah, welcome to hardtalk. thank you. nice to be with you. thank you. good to have you on the show. let s start with the situation in the west bank, where you si
hello and welcome. new zealand s government has become the latest to ban tiktok on devices with access to its parliamentary network, due to security concerns. this is because of fears that the chinese owned app passes information about users to the chinese government, something the owners, bytedance, deny. earlier on thursday, the uk followed the united states, and the european commission, in banning the app from sensitive government devices. china says it s a politically motivated decision, not one based on facts. our news reporter, azadeh moshiri, joins us now. why governments are so worried? given by lbs is a chinese company that owns tiktok, governments are concerned that user could be violated and uses personal information can be passed on to the chinese government bytedance. but bytedance and tiktok deny this, saying there is nowhere the chinese government can get its hands on the data, but this is why governments are so concerned, it is because the extent of data t
hello there. we begin in the us where, in an extraordinary move to contain panic in the banking system, 11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic plunged, as investors worry that it could be the next to fail. it follows the stunning collapse of two other specialist lenders, including silicon valley bank. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. that s been putting a ton of pressure on smaller regional banks. depositors at first republic have withdrawn billions of dollars and the regional banks share price has been cut in half. now the biggest of the american banks have stepped in, led by the likes ofjpmorgan and citigroup, 11 companies have agreed to make $30 billion of uninsured deposits in first republic. they have done this in the hope that it will be enough to shore up conf
discover a harmful gene. it s seven in the morning in singapore, and 8am injapan and south korea. both countries have hailed a new chapter in their troubled relationship. it came after leaders of the two countries met at a summit in tokyo as both face increasing challenges from china and north korea. the leaders announced agreements on trade, security and cultural exchange. i m joined now by our tokyo correspondent shaimaa khalil thank you forjoining us on the programme. this is a big moment for these two leaders what are some of the top issues that they have addressed? the top issues that they have addressed? i m looking at the headhnes addressed? i m looking at the headlines of addressed? i m looking at the headlines of the addressed? i m looking at the headlines of the broadcast - addressed? i m looking at the headlines of the broadcast in l addressed? i m looking at the i headlines of the broadcast in the top three headlines are all about the south korean leaders v