things to know with this tuesday, march 14th. all eyes will stay on wall street where they have been locked as the race is on to avoid the collapse of other regional u.s. banks. several have been suffering steep stock drops on monday, even as the government came out, president biden himself, trying to calm nerves of financial support. all this turmoil is coming as the fed is awaiting a highly-anticipated inflation report that we re expected to get this morning. no relief. what is going on? dualing storms set to pound the east and the west coast, both coasts, nor easter forecast to bring heavy rain, wind, snow to millions in the northeast. california bracing for yet another round of severe flooding. also this, governor ron desantis breaking from many in his own party on the war in ukraine. likely presidential candidate told fox news that protecting ukraine is not vital to u.s. interests. instead, he called it is a distraction to bigger challenges here at home. also, sena
that. in terms of where it was flying, it was well-clear of any territory in ukraine. it was international airspace over international water. thank you. nancy? thank you. during secretary austin s visit to egypt he held meetings with officials even though all press were banned from covering it. past defense chiefs when they ve been in similar situation have refused to proceed. given the biden administration has said one of its key pillars in terms of foreign policy is when presented between a choice of autocrats and democracies that it stands with democracies. can you help us understand why the secretary proceeded with those trips given the ban. our relationship with egypt is obviously an important strategic partnership. the secretary did appreciate the opportunity to meet with his counter parts and talk about that. i will tell you when it came to the press coverage of that portion having looked further into it, the egyptians lived up to what they had agreed upon. some of
jake. it is unfounded. for several reasons. firstly, the banking sector overall is much better capitalized than it was in 2008. there have been huge changes. a full-scale banking meltdown crisis, is it possible? maybe. is it likely? absolutely not, so the experts say. i was talking to one such expert here in israel where i am. the tech sector which has been so badly hit by all of this. i spoke to the venture capitalist of the viola group. he said it s not a system at risk, but when it comes to runs on banks, today they can be much faster than you think. run on the bank of the world of internet is very quick. but i do believe it s an isolated, specific event. i don t think it will have huge impact. this is not 2008. reporter: putting that into wider view, it s certainly going to hit the technology sector because tech borrowed from these institutions, but the speed at which the regulators moved shoring up the depositor savings making it clear investors won t be bailed out.
But as we watch, we have no idea that people on board are dying, including a seven year old girl. To understand how this happened, we need to go back to yesterday afternoon, with crowds jostling at the bus station in calais, anxious to get to the beaches outside town, the smugglers muscling in. The forecast is for a clear, calm night in the channel, perfect conditions for a crossing. Young men from syria, from sudan, none put off by news that they might end up being deported from britain to rwanda. Are you worried that you might be sent to rwanda by the british . No, if it is safe and i can study in rwanda, then thats fine too, he says. You hear that . Yeah. You dont want that . No, i dont want. But its not stopping you today . No. Nothing will stop you . No, no, dont stop me. Waiting for the migrants along the french coast line, a high tech force, funded now by britain, which is spending millions of pounds on drones and other gear to help the French Police find and stop the small boat
From attempting such crossings. Well have more about the bill shortly, first lets go to wimereux near calais our correspondent tom symonds is there yes, jane. You can see the weather is very calm today. The sea is flat, there is plenty of visibility in the skies are relatively clear. It is perfect whether, as People Smugglers and migrants would see it, for crossing the channel to get to the uk, and that is what has been happening, several launches of boats from beaches. This is normally uncovered sand when the tide is out. That was what happened here earlier this morning, watched by a bbc team. A boat was launched, and people tried to get onto it, large numbers of people, about 110 or 112 tried to climb onto the boat. The police were here in attendance. What happened next was a fight between some of the migrants and some of the police. 0ur reporter Andrew Harding watched what happened. Theres a real battle going on on the beach here. Must be more than 100 migrants trying to get to the