that panic can spread to other banks, it is called contagion. the fed has to tip toe very carefully through what is certainly a mine field at this point. donald trump lahad a very specific strategy and approach. at the end of the day donald trump needs to be held accountable for hils dirty deed. we have absolute evidence of the contact and it was very aggressive. it is important that great powers be models of transparency and communication. live from london, this is cnn newsroom with max foster and bianca nobilo. it is thursday, march 16, 5:00 p.m. in tokyo, 4:00 a.m. in new york where all eyes are on global stock markets as they react of yet another bank collapse. and here is how u.s. futures are looking. as you can see, everything is ticking up after was what was a very volatile trading session. credit suisse will borrow up to $54 billion after a slump in its shares left investors on edge. saudi national bank rolled out further support. credit suisse s
hill. i m jim sciutto. the moment of impact, remarkable new video shows a russian fighter jet as it forced down a u.s. drone over, we should note, international waters. all of this played out just south of ukraine. 48 hours ago. video proof russia didn t tell the truth about this. i m going to walk you through what we learned from the new video just ahead. also today, janet yellen with a direct message to americans, your money, your bank deposits are safe. she is set to testify on the hill next hour. this, of course, as bank failures here in the u.s. in an unrelated and ill timed bank issue in europe is spooking so many. so this morning what you need to know. if the banking news feels like a lot, how about a little distraction? how about a little march madness. if your bracket isn t locked in, you are running out of time. but we have the guy to help you make the final decisions later this hour. we begin this hour with the incredibly newly declassified video showing the
we begin with a wide-ranging attempt to restore americans confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commit to ensure that our financial system remains strong. yellen also said that no taxpayer money is being used to reimburse those depositors. more on her testimony in just a moment. but first, let s check object markets right now. stocks are surging on word that major banks are in talks to rescue ailing first republic bank. cnn s matt egan is here with us. so talk about this potential rescue of first republic bank. yeah, bianna and victor, over the weekend, we had this government-led rescue. now i
crew has reached the site where a u.s. drone crashed in the black sea after being hit by a russian jet. i ll ask key white house official john kirby what, if anything, the kremlin might learn from the wreckage. also tonight stock prices slide amid fresh chaos in the banking industry. two troubles at two banks atting to fears more failures on the horizon as many americans are wondering if their money is safe. and former trump lawyer michael cohen just wrapped up his second round of testimony in the investigation of hush money he says he paid to stormy daniels. the adult film star meeting with prosecutors today as a grand jury considers criminal charges against the former president. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. announcer: this is cnn breaking news. let s get straight to the breaking news. sources now telling cnn that russian naval craft have arrived at the site of the u.s. dron
him to the hospital where he succumbed to his injuries after being knifed to death. fox news has brand-new information on the suspect you see on the right. the suspect in the killing, christina coleman is live with the latest. sources tell me the suspect in this case, 27-year-old trent is now dead. i ve asked to confirm the details of his death but tmz is reporting officers were informed he may have been cold out and in anaheim area apartment in a s.w.a.t. team executed a search warrant friday and during the raid and officer involved shooting happened leading to his death. also no police officers were injured. for bobby east, police believe two days earlier an orange county gas station, officers describe millsap as a transient who frequents the area. he was found on the ground suffering from stab wounds to his chest area, his murder shocking the racecar world two times nascar champion and fought for panelists or analysts for fox. tom bodine wrote a tragic incident involving