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Transcripts For BBCNEWS BBC News 20240706



it s been 20 years since the us led coalition began its war in iraq to topple the dictator saddam hussein we ll assess the legacy. and valencia s streets come to life for a five day festival celebrating the spanish city s culture history and people. switzerland s biggest bank, ubs, has agreed to take over its troubled rival, credit swiss. the rescue deal follows a weekend of emergency talks between the two banks, after credit swiss saw its value plummet over the past week. banking regulators hope the deal will restore confidence to the financial markets. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. here s the swiss president speaking at a press conference. on friday, the liquidity outflows and market volatility showed it was no longer possible to restore the necessary confidence, and that the swift and stabilising solution was absolutely necessary. this solution is a ....

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Transcripts For BBCNEWS BBC News 20240706



he committed for several months. it s been 20 years since the us led coalition began its war in iraq to topple the dictator saddam hussein we ll assess the legacy. and valencia s streets come to life for a five day festival, celebrating the spanish city s culture, history and people. hello and welcome to the programme. switzerland s biggest bank, ubs, has agreed to take over its troubled rival, credit swiss. the rescue deal follows a weekend of emergency talks between the two banks, after credit suisse saw its value plummet over the past week. banking regulators hope the deal will restore confidence to the financial markets. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. here s the swiss president, speaking at a press conference. on friday, the liquidity outflows and market volatility showed it was no longer possible to restore the necessary confidence, and that the swift and st ....

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Transcripts For BBCNEWS BBC News 20240706



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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Transcripts For FOXNEWS Fox News Live 20240706



president mike pence have both said that the possible arrest is politically motivated. nate foy live with the latest, hello, nate. nate: posted on truth social. he claims those doj prosecutors are actually leading this effort against him and you mentioned today many republicans even trump s former vice president are voicing opposition to expected charges. trump s campaign put out a statement saying this isn t a prosecution, it s a persecution. the former president made his first public appearance since announcing expected arrest at the ncaa wrestling championship in tulsa, oklahoma, the crowd cheered him on as he walked in. president trump calls witch hunt and, of course, trump is a front runner in republican primary, former director of national intelligence tells morning future this is political. someone said we will not prosecute armed robberies in this office and now saying he will prosecute a misdemeanor offense against opposition political opponent, former presid ....

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Transcripts For CNN CNN Newsroom Live 20240706



united states, canada and around the world. i m kim brunbrunhuber. three more arrests following the death of this black man in a virginia state hospital. that brings the total number of second-degree murder charges in the case to ten. a tornado in texas. that s not all. severe weather hits parts of the u.s. live from cnn center, this is cnn newsroom, with kim brunhuber. the u.s. treasury secretary janet yellen will be back on capitol hill hoping to assure lawmakers there s no crisis for u.s. banks. she pulled together a deal to give an infusion of first republic, the major bank on the verge of failing. i can reassure the members of our committee that the banking system is sound. and americans can feel confident their deposits will be there when they need them. this week s actions demonstrate our commitment to ensure our financial system remains strong and the savings remain safe. the turmoil has sent stock prices on a wild ride for the last week. and the need ....

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