who s based in the turkish capital, ankara. the tour, a lot ahead for president erdogan, he thinks cost of living crisis is manageable is it? that crisis is manageable - is it? that is an excellent crisis is manageable - is it? that is an excellent question, - crisis is manageable is it? twat is an excellent question, and one had so many economists across the world are wondering about, because he has pursued such unorthodox economic and monetary policies over the last several years, he has put a lot of pressure on the central bank not to raise interest rates, as most central banks usually do to combat rising prices, and that has let inflation run away. as you said, inflation run away. as you said, inflation currently at 44%, it topped out at 88.5% last year, so household is really feeling the pinch, and the question is whether president erdogan will put a team around him now who will sort of convince him that more orthodox monetary policy is the way to go. the thing is,
president trump or if this was a democrat it should be equal justice in america. and stop going after people because you have political differences. house speaker kevin mccarthy pushing a popular defense within the gop when it comes to a possible indictment for donald trump. we ll have the latest on the former president s legal troubles in new york in just a moment. plus, chinese president xi jinping is in russia this morning meeting with vladimir putin for the first time since the invasion of ukraine. and also ahead, new investigations into tiktok amid allegations that former employees spied on journalists good morning and welcome to way too early on this monday, march 20th i m jonathan lemire. thanks for starting your day and week with us we ll begin this morning in new york where amid mounting legal trouble across multiple states, former president donald trump could be criminally charged for the first time, and that could happen as early as this week according
it puts her in line to be the country s first female prime minister. iii country s first female prime minister. ., country s first female prime minister- country s first female prime minister. . ., ., minister. if we are called to govern this nation. minister. if we are called to govern this nation, we minister. if we are called to govern this nation, we will minister. if we are called to govern this nation, we will do minister. if we are called to govern this nation, we will do it minister. if we are called to govern this nation, we will do it for - minister. if we are called to govern this nation, we will do it for all - this nation, we will do it for all italians with a clear objective of uniting the people, of underline what unites it, rather than what divides it. and, nasa prepares to crash a probe into an asteroid to see how to stop a space rock from hitting earth. coming up later this hour how king charles helped save british farmhouse cheese. the value of
markets, because it is a holiday here in the united states, but this is what happened in asia overnight, with keeping eye on the debt deal that has finally been done in the united states, the big question is whether the politicians can get it through with their respective parties, so keep an eye on that. more details on the bbc website, and if you want to reach me, i am @bbcbenthompson. see you seen, bye bye. claiming hello, we are going to turn our attention now to the victory parade which is about to start in luton, in the next half hour or so, to celebrate the football clubs promotion to the premier league. the players will travel through the town centre in an open top bus before being presented with the play off trophy they won on saturday. this is the scene right now in st
asia overnight, we ve seen bank stocks plummet this is a historic deal that came through over the weekend. the swiss financial giant ubs has agreed to buy its rival credit suisse for 3 bill krun swiss francs, $3.2 billion it s a significant discount to where shares were trading last week and it s already significantly depressed. the swiss bank has also played a role they re going to be deriding to credit suisse. they ve been a troubled lender for years. it s been facing problem after problem and now finally we have this emergency rescue put together at the trade the opening of trade today, credit suisse shares plunged more than 60% to trade around the share price agreed no the terms of the deal, which is 76 cents a share. ubs shares have also taken a sharp hit this morning, trading down 9 cents, as investors try