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Transcripts For BBCNEWS Newsday 20240706

putin s surprise visit to the russian occupied city of mariupol devastated in the early months of the war. like all ukrainians, like all mariupol residents, i feel today a war criminal vladimir putin visited the scene of a crime 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 history. # i ll take the world apart to find a place for a peaceful heart. and the return of a 60s pops icon we hear from yusuf cat stevens, about music, faith and performing at glastonbury. hello and welcome to the progamme. switzerland s biggest bank ubs has agreed to take over its troubled rival credit suisse. 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 tri

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Transcripts For BBCNEWS Newsday 20240706

devastated in the early months of the war. # i ll take the world apart to find a place for a peaceful heart. and we hear from yusuf cat stevens about music, faith and performing at glastonbury. it s 7am in singapore, and midnight in switzerland where the government has reached an emergency deal with the country s biggest bank, ubs, to take over its troubled rival credit suisse. the annoucement comes just before global financal markets open on monday, in an attempt to settle nerves in the global financial sector. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. 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 alain berset speaking at a press conference earlier. on friday the liquidity and volatility showed it was no longer possible to restore the necessary confident and that the swift and stabilising solu

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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 like bern

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Transcripts For BBCNEWS BBC News 20240706

now sport from the bbc sport centre. manchester united are looking for their first premier league win and goal since lifting the league cup at wembley in february. that slump has seen eric ten hag s side drop out of the top four. united host brentford later and ten hag feels some of the attributes that made them top four contenders are missing you have to know why you are where you are. and what brings us to the position. and that was about determination, that was about passion, that was about desire. so, i admit it. when you are a strong opponent, who plays above the levels, and many teams play against man united above their levels, you get killed. brentford head into this one having lostjust once in their last ten games, they could move up to seventh in the table with a win. manager thomas frank says the trip to old trafford will prove a huge test in their challenge for european football. we potentially are going into the most difficult game of the season, with everything t

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Transcripts For BBCNEWS BBC News 20240706

official try to get additional security guarantees at a nato summit. the uk government has at least a barge that will house asylum seekers as it seeks to cut hotel costs sturgeon is arrested over an investigation into snp finances. sport and for a full round up, from the bbc sport centre manchester united are looking for their first premier league win and goal since lifting the league cup at wembley in february. that slump has seen eric ten hag s side drop out of the top four. united host brentford later and ten hag feels some of the attributes that made them top four contenders are missing you have to know why you are where you are. and what brings us to the position. and that was about determination, that was about passion, that was about desire. so, i admit it. when you are a strong opponent, who plays above the levels, and many teams play against man united above their levels, you get killed. brentford head into this one having lostjust once in their last 10 games, they c

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