the ripple effects from the collapse of silicon valley bank on friday are being felt accross the world. the us government has now said it will ensure all svb account holders will be able to retrieve any funds they have on monday morning. a statement by the us treasury and federal reserve said the plan will ensure the resilience of the broader us banking system. meanwhile in the uk, the government is warning that up to 200 british start ups and technology firms, are at risk, following the collapse of svb. its british arm, svb uk, has helped with financing for numerous technology and life sciences companies. but it s now feared they won t be able to pay wages or suppliers. the government is due to announce what their plan is to help these firms effected before the markets in london open this morning. here s our business correspondent, marc ashdown. at silicon valley bank we deal in innovation. it s the cool bank for cool customers. the uk arm serves 3500 of the brightest new te
more than 200 million people in america are under extreme weather alerts, and more than 1.5 million people have no power, as temperatures in some areas are predicted to drop to as low as minus 45 celsius. the huge arctic storm is affecting canada and extends down to the deep south and the border with mexico. this thermal satellite imagery shows the huge spread of the coldest areas with the midwest enduring the lowest temperatures. and this satellite image from the national oceanic and atmospheric administration gives an idea of the spread of the cold weather system with the lowest temperatures underneath the clouds at the top of the picture, across the northern us states and canada. we begin our coverage with this report from our north america correspondent, john sudworth. it couldn t have come at a worse time. america s peak travel season hit by a once in a generation storm. two days before christmas, two thirds of the country are now under extreme winter weather alerts
of disloyalty going to be the defining factor here in terms of his stewardship of the economy and is that going to overshadow some of the questions around technocratic ability and ability to get things done. that push and pull will be an interesting factor that a lot of businesses be paying close attention to this year. paying close attention to this ear. . ~ paying close attention to this ear. ., ~ , ., the man us presidentjoe biden has tapped to run the world bank believes his background in large scale financial services will benefit the institution. ajay banga the former chief executive of mastercard sat down with our africa business editor zawadi mudibo for an exclusive interview and shared the challenges he sees for the world bank. the real issue here is expanding scope of our thinking to understand that planet and pandemics and fragility are intertwined in the world and we need to notjust do all we can and be the catalyst and be the
the musician said she needed surgery to remove the bullet fragments from her feet. he could now face more than 20 years in prison and could be deported from the us. some 1.6 billion people worldwide depend directly on forests forfood, shelter, energy, medicines, and income, according to the united nations. the recommended forest cover per nation is at least 10 percent of the total land mass. in kenya, that cover stands at about 6%. our africa business editor, zawadi mudibo, toured villages at the kenyan coast, where foreign contractors have been accused of illegally harvesting giant baobab trees, for export to find out what is at stake. widespread outrage that a foreign national was whole baobab trees in can the bbc now has a reserve access to how these giant were transported to
police mature, very few of them at police survive when they are replanted. police survive when they are replanted- replanted. efforts to seek audience replanted. efforts to seek audience with replanted. efforts to seek audience with kenya s - audience with kenya s environment cabinet secretary were futile. zawadi mudibo, bbc news. king charles will deliver his first christmas day message on sunday the television tradition begun by queen elizabeth. he is expected to pay tribute to his mother, and her legacy. a photo released in the uk on friday evening, shows the recording being made, in st george s chapel, at windsor castle, where a committal service was held during the queen s funeral in september. ajudge in the us has ruled that two movie fans can sue the universal film studio forfalse advertising over the trailer it issued for the 2019 movie yesterday . that clip featured the actress ana de armas but her part was entirely cut from the finished movie. the plaintiffs s