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BBCNEWS Newsday July 6, 2024

this is bbc news. it s newsday. welcome to the programme. we start in sudan where the united nations is sending its top aid official to help co ordinate relief efforts. it comes as the agency s humanitarian coordinator in sudan says that the situation there is turning into a full blown catastrophe warning that more than 800 thousand people may flee the country as a result of the ongoing violence. meanwhile, fighting continues in the capital khartoum despite a ceasefire agreed by both sides. evacuation flights are still taking off from port sudan on the red sea today. those not able to leave there by plane are taking boats across tojedda in saudi arabia. our correspondent andrew harding reports. on sudan s coast, the scramble to escape goes on. with airlifts ending, foreign nationals register for a boat ride to safety. this morning, some 300 of them arrived here injeddah, saudi arabia, having crossed the red sea from port sudan. all sorts of embassies on hand to cl ....

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BBCNEWS Asia July 6, 2024

it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really exposed to higher interest rates. we are going to see another interest hike from the fed which might add extra pressure ....

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BBCNEWS Asia July 6, 2024

the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. isaac, great to get you on the show. in the first instance, how much of a risk do you think there is of a failure amongst other us banks in the system? i failure amongst other us banks in the system? failure amongst other us banks in the system? i think there is a real risk of that- the system? i think there is a real risk of that. this the system? i think there is a real risk of that. this is the system? i ....

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BBCNEWS Newsday July 6, 2024

welcome to the programme. we start in sudan where the united nations is sending its top aid official to help co ordinate relief efforts. it comes as the agency s humanitarian coordinator in sudan says that the situation there is turning into a full blown catastrophe warning that more than 800,000 people may flee the country as a result of the ongoing violence. meanwhile, fighting continues in the capital khartoum despite a ceasefire agreed by both sides. evacuation flights are still taking off from port sudan on the red sea those not able to leave there by plane are taking boats across tojeddah in saudi arabia. 0ur correspondent andrew harding reports. 0n sudan s coast, the scramble to escape goes on. with airlifts ending, foreign nationals register for a boat ride to safety. this morning, some 300 of them arrived here injeddah, saudi arabia, having crossed the red sea from port sudan. all sorts of embassies on hand to claim their own. several british families w ....

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BBCNEWS Asia July 6, 2024

i m karishma vaswani. we begin with the banking turmoil in the us. shares of several regional banks have closed in the red on monday. it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized ....

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