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let s start in the us where some of the worlds leading money managers are warning the collapse of another american bank could lead to a credit crunch and an economic slowdown. constrained lending as a result of stricter banking regulation could stifle credit to the us economy at a critical time. we ll get an expert view on this in a moment but first here s my colleague samira hussain on the collapse of first republic. as of monday, first republic customers turning up at their bank are in fact customers ofjp morgan chase. the signs above will soon change. first republic had been under pressure since the collapse of silicon valley bank and signature bank two months earlier. last week, first republic revealed deposited had removed $100 million in the space of a few months. customers feared their money was not safe. investors became convinced that it too was about to fail. riding to the rescue of america s distressed financial system, the boss of america s biggest bank, jam ....
more than 43 people, including a baby, have died after a boat carrying migrants sank in rough seas off the southern italian mainland according to the coastguard. dozens of bodies were found on a beach near a seaside resort in the calabria region, with others found in the waters nearby. these pictures from the italian coastguard were filmed in darkness, early on sunday morning and you can see the wreckage of the boat. one local official has suggested as many as 150 people had been onboard. rescuers are still searching for survivors, after the vessel reportedly broke apart near the coastal town of crotone. the coastguard says 80 people are known to have survived but a large search and rescue effort continues on land and at sea. the president of the european commission, ursula von der leyenm urges eu asylum reform after italy migrant deaths. richard galpin reports. this is all that remains of the wooden boat in which so many people died last night as they tried to re ....
yesterday s anniversary. translator: if we all do our homework, which will be inevitable, i am certain there will be victory. i don t think, i want it this year. in parts of ukraine today, there has been no let-up in the fighting. a russian military spokesman said up to 60 ukrainian soldiers were killed fighting on the eastern front. cnn s melissa bill is in kyiv, priscilla alvarez at the white house. are there any signs of the major russian offensive that ukraine has been warning about? reporter: there has been this intensification, fredricka, but very much confined to the east of the country. all along that line and at several lines along it, and according both to ukrainian sources and to russian state media, what we have been seeing is an increase in the violence along that front line, and specifically along areas around bakhmut. what we ve been hearing this evening, now that all the ceremonies for the first year anniversary have passed, is that the result o ....
just ahead, california s governor declares a state of emergency in 13 counties after a week of heavy snow. till you re actually physically walking on the street you don t understand it. i mean look at my window. and fears are growing that many residents may be stranded. plus demanding answers in greece as the death toll from the train collision continues to rise. we ll bring you the latest on the investigation. ohio s governor visits the east palestine cleanup operation where nearly 2 million gallons of liquid waste have already been removed and now reports of rail workers getting sick. live from cnn center, this is cnn newsroom with rosemary church. snowstorms, tornadoes and floods, it s all in the forecast for the u.s. as severe weather looms across the country. parts of the west coast are trying to thaw out from a massive snowstorm moving east now. areas in california have seen more than 100 inches of snow in the last week prompting the governor to decl ....
after he was sacked by boris johnson. the dilemmas of government are instant. who to hire and who to fire as rishi sunak attempts to build a team that can last that his party can support. we ll have the latest on the new cabinet, and on the immediate challenges for mr sunak he says the uk is facing a profound economic crisis . as the cost of living crisis affects more and more people, with budget food prices rocketing to new levels, voters are very concerned. you can see it on the shelves when you go into the supermarket. you ve got to really think about making better choices. ultimately the cost needs to come down, or people s income needs to go up. and, as the uk sees its third prime minister of 2022, we ll talk to people in nottinghamshire about their hopes and coming up in the sport on the bbc news channel, chelsea on cloud nine as they qualify for the champions league knockouts courtesy of this quality curlerfrom kai havertz. good evening. britain s new prime mi ....