Good afternoon, everyone. Thank you for coming. My name is ben harris, and as of this very morning, i am the Vice President and director for economic studies of the Brookings Institution. It is a true privilege and honor to have the opportunity to again be joined at this famed institution. There are many reasons why i found a return to brookings appealing, but a major motivation is events like the ones we are hosting today. Fdic chair marty gruenberg, who will be introduced by aaron klein and moments, was one of the key officials to help mitigate the fallouts if the Silicon Valley bank and Signature Bank failures early this year. We are very lucky to happen with us today. I suspect that this afternoons event must feel like a bit of a victory lap to the fdic chair given in 2019 he sadness very real and ward in great detail about the risk of failure by a large Regional Bank. His remarks, which are required reading for anyone trying to understand the issue, he warned of the risks posed by
Sent their soldiers to war, they are ready to die for the interests of these third countries, europe and the United States, i dont understand this discussion at all, but its okay for me, i this is forgivable, i dont understand the policy of the ukrainian side, which simply says you will not be members of nato, we will not accept you as nato members, we will sign an empty piece of paper for you, which does not contain any guarantee, and we will give it to you. Replacements for your full membership , they do not understand this signal, they are told we are not ready to consider you as a member of the European Union, this is not connected with any conditions at all, but it is absolutely obvious, from an economic point of view, ukraine is for the European Union for now poses a serious economic threat, which, first of all, is fraught with consequences for a number of countries that. They announced this publicly, officially , starting from poland, i dont know there, hungary, bulgaria, romani
Good afternoon, everyone. Thank you for coming. My name is ben harris, and as of this very morning, i am the Vice President and director for economic studies of the Brookings Institution. It is a true privilege and honor to have the opportunity to again be joined at this famed institution. There are many reasons why i found a return to brookings appealing, but a major motivation is events like the ones we are hosting today. Fdic chair marty gruenberg, who will be introduced by aaron klein and moments, was one of the key officials to help mitigate the fallouts if the Silicon Valley bank and Signature Bank failures early this year. We are very lucky to happen with us today. I suspect that this afternoons event must feel like a bit of a victory lap to the fdic chair given in 2019 he sadness very real and ward in great detail about the risk of failure by a large Regional Bank. His remarks, which are required reading for anyone trying to understand the issue, he warned of the risks posed by
Good friday morning to you. 6 00 right now. Thanks for starting your day with us. Im laura garcia. Im marcus washington. Lets get you caught up on whats happening weatherwise. Meteorologist kari hall has a look at a beautiful forecast. Yes, its a clear start. We can see that in the live camera over san jose behind us and a smaller view of that frame there, as our temperatures start out in the mid40s. It is in the upper 30s in dublin right now, and were also seeing mid40s in San Francisco, a few clouds moving by now. But we are headed for sunshine again today, and a look at our highs that will reach into the mid60s this afternoon. 66 in hayward and 68 in san jose. And some mid60s for much of the south bay into the east bay. But then tomorrow, slightly cooler. More clouds coming in. The north bay will have spotty showers. Mostly late morning into the early afternoon, so ill be tracking that and talk about whats ahead for the rest of the weekend. Mike, you have one crash now in the east b
live from london, this is bbc news. avoiding another banking crisis: us regulators race against the clock to find a buyerfor troubled first republic bank, whose shares plunged last week. more protests in france as unions call for further strike action against the government s pension reforms. and solving london s housing crisis: we ll tell you how one community is building its own solution by selling affordable housing to the locals. hello. i m mark lobel, here with your top business stories. let s start in the united states, where us regulators are racing to find a buyer for the troubled first republic bank. the federal deposit insurance corporation has reportedly asked six banks to bid for the lender, and wants a deal in place within the next 2a hours. shares in first republic plunged last week after it admitted customers had withdrawn $100 billion in deposits in march. at that time, its competitor silicon valley bank had collapsed, prompting fears of a wider banking crisis