by about twice the global average. it s already increased by 2 degrees celsius. 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by the swiss government. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to us. we
the temperature up here in the alps is rising by about twice the global average. it s already increased by 2 degrees celsius. and 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by rival swiss bank ubs in a deal brokered by the swiss government over the weekend. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial
This is bbc news broadcasting in the uk and around the globe. i m annita mcveigh. our top stories. jitters on the global financial markets after the emergency takeover of switzerland s second biggest bank, credit suisse. the chinese president, xijinping, is on his way to moscow for talks with vladimir putin his first visit to moscow since the invasion of ukraine. former uk prime minister borisjohnson submits evidence in his defence over whether he misled parliament over parties in downing street during covid. the most comprehensive study yet on the the impact of climate change is about to be released by un scientists, after eight yea rs of research. the temperature up here in the alps is rising
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