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BBCNEWS BBC News July 6, 2024

the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference earlier. on friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence, and that a swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with our regulator, with credit suisse and ubs. the federal council welcomes the takeover and is supporting it by guaran ....

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BBCNEWS BBC News July 6, 2024

hello and welcome to bbc world news. the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. fears about the possible collapse of credit suisse sparked falls in stock markets around the world over recent days, and raised fears of another global financial crisis. the rescue deal follows a weekend of emergency talks between the two banks, after credit swiss saw its value plummet over the past week. the swiss national bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy. our geneva correspondent imogen foulkes explains the significance of this merger on the global stage. it s early days. but i don t think it s going to be easy. ubs is the bigger of the two, but both of them are already huge. if you lookjust in switzerland, both of them have at least one branch, more in a big city lik ....

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FOXNEWS Tucker Carlson Tonight July 6, 2024

our entire lifetime. there is virtually no place the entire globe you could go that would turn down a $20 bill. andrew jackson s face was the famous seal of u.s. treasury was probably america s best-known export to the smallest gold mining outpost in the amazon basin. every shopkeeper on earth recognized a 20 our bill. the dollar was universal and not just universal and commerce with international transactions that were conducted in dollars, but universally held as a long-term store of value. globally. the world central bank stockpiled u.s. dollars for more than any more other. people may have not of known that but doesn t matter if they knew it or not it was very good for everyone who lives here. because there are are so many u.s. dollars in circulation some of the country the cost of borrowing money inside the country remain artificially low that s for the reasons in this country, america middle-class people could buy their own ho homes. he was covered meanwhile were ....

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FOXNEWS Tucker Carlson Tonight July 6, 2024

effectively been the currency of the world for our entire lifetimes. there was virtually no place in the entire globe you could go that would turn down a 20. andrew jackson s face beside the famous seal of the u.s.as treasury was probably america s best known expor best. from dar es to sri lankapost in to the smallest gold mining outpost, the amazon basin. every shopkeeper on earthco recognizgnizede a twenty dollar bill . the dollar wa.s universal and not just universal.ct inio commerce, though,ns tha the majority of international wered iny held ae conducte dollars, but universally held as a long term store of value. globally, the world s central bank stockpiled us dollars far more than any other currency. now,e ot most americans may not have known that or they did,wary but it doesn t matter what goo they knew. it it wasd very good fore arr everyone who lives here because there were so many us dollars cu in circulation outside ofborrow the country. the cost of b ....

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BBCNEWS BBC News July 7, 2024

workersjoin protests growing discontent in iran, all workers join protests against the regime. savings you live in britain, as the uk begins recycling fishing nets dumped at sea. hello, welcome to our viewers on pbs in america and around the globe. there has been widespread international condemnation of what president putin referred to as a massive strike against ten ukrainian cities including the capital, kyiv. they have all come under sustained missile attacks on the biggest bombardment by russian forces since the early weeks of the conflict. many homes were reported to be among the sites targeted, along with healthcare facilities and schools. the major areas affected by the capital, kyiv, along with dnipro, zaporizhzhia, kharkiv, and liver. president putin said the strikes were retaliation for saturday s attack on the bridge, as the one upland link between russia and occupied crimea. our correspondent reports from the centre of kyiv where the strikes began early in t ....

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