and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of venture capi
again. sandra: wow, just some of what we saw today. china and russia s friendship on full display, to knock the world s number one superpower out of the top spot. president s xi three-day visit a boost to putin. john: looks like a world far less friendly to the west. sandra: headlines, putin sees anti-u.s. world order taking shape. lots to unpack in hour two of america reports. sandra smith in new york. hi, john. john: here we go again for another hour. the two dictators are still in a closed door meeting that s been going on for five hours and counting now. even before going into their private talks, they were not shy about blasting the united states and the west. but back here at home, president biden is coming under fire for not responding with tough talk of his own. joe biden has put a kick me sign on uncle sam s back. when america recedes from the world, creates avoid of leadership. sandra: the white house says there is no call planned between president bid
the minister of humanitarian affairs told journalists that more than 1.3 million people had been displaced in the worst now on bbc news, it s hardtalk. welcome to hardtalk. i m stephen sackur. in the increasingly overt struggle between western liberal democracy and authoritarianism, hong kong s position is unique. it is chinese sovereign territory granted special autonomous status under a handover deal done with britain. many hong kongers hoped that deal would guarantee theirfreedoms, but those hopes have been crushed. my guest is ted hui, a hong kong pro democracy politician exiled in australia and convicted in absentia by a hong kong court. has beijing neutralised hong kong s dissenters? ted hui in adelaide, australia, welcome to hardtalk. thank you. my pleasure to talk to you. you, of course, arejoining me from australia because you fled from your home, from hong kong, in late 2021, and you said you left with a very heavy heart. did you also leave with a sense of defeat? i
my guest is ted hui, a hong kong pro democracy politician exiled in australia and convicted in absentia by a hong kong court. has beijing neutralised hong kong s dissenters? thank you. my pleasure to talk to you. you, of course, arejoining me from australia because you fled from your home, from hong kong, in late 2021, and you said you left with a very heavy heart. did you also leave with a sense of defeat? i don t, because. it s common that people might think that way. it s like an escapist guilt. but as long as i m still fighting, as long as i m still speaking up for hong kong s freedom and democracy, doing my lobbying works and advocacy work, i don t feel that at all. i feel that it s a new battleground for me to speak out so that the world hears hong kong. you fled whilst facing charges. you were on bail. did it come as a surprise to you, what happened to you? cos you d been a legislator in the legislative council, you d been an activist on the streets. i m just wondering
Hinders its counter offensive, the top ranking us Military Officer says. Speaking to the bbc, general mark milley said colder conditions would make it much harder for ukraine to manoeuvre. It comes as kyiv was attacked by russian drones early on sunday and debris fell in several districts, ukrainian officials say, but no casualties were reported. At least ten explosions were heard in the capital and Air Raid Sirens signalled that residents should take shelter. Lets go live now to kyiv and speak to our correspondent paul adams. Before to our correspondent paul adams. We talk about ti wa nt before we talk about the fighting, i want to talk about this agreement in delhi, which is not strongly worded, about the war in ukraine. Doesnt criticise russia, Sergey Lavrov has welcomed it and call that a milestone. What has the response from ukraine beam . fix, milestone. What has the response from ukraine beam . Milestone. What has the response from ukraine beam . A rather critical one. The resp