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permanent ceasefire. the national security minister said ending the war before hamas was defeated would constitute a failure . where that leaves negotiations at the un is anyone s guess. the security council is due to hold another vote on urgent humanitarian pauses . but that was again postponed this afternoon as they work on the language. clearly, if neither side is prepared to give, then there doesn t appear much a resolution can achieve. our correspondent nada tawfik gave us an update on developments at the un deputy un ambassador robert wood said diplomacy takes time. so still unclear how the united states will vote on this, but there is a real disagreement over this mechanism. some saying that itjust wouldn t be practical on the ground, including the united states, saying that israel won t let anything get into gaza without inspecting it itself. others, including the arab group, believing that israel as a party to the conflict, should not be in full control of th ....
after major concerns over the bank s finances. its shares fell by almost a third on wednesday at one point, forcing the swiss central bank to take action. it issued a statement saying credit suisse can borrow up to $54 billion us to boost its bottom line. today the shares have rebounded and are currently up just over 20%. the selling has continued in asia today, with japan s topix banks index falling more than 4%, after recording its worst day in three years earlier this week. we re nowjoined by craig erlam, who s senior market analyst at oanda. for the story to come out was unfortunate timing. it has the backing of the central bank. covering short positions? it keeps investors that they are holding onto something that is not going to become more innocuous. we will see more volatility over the coming days and now investors are going to be looking at more financial institutions to see if there are material weaknesses there as well. i don t think this is over at this poin ....