what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. erica
If i could ask you to stand there, please. Thank you very much. I know, i heard you. In that case, sir, when the crowd has gone, ill happily escort you out. No, sir, i dont want Anybody Antagonising anybody. Yeah, and at the moment, sir, you are quite openlyjewish, this is a pro palestinian march. Im not accusing you of anything but im worried about the reaction to your presence. That was the actual moment. Lets talk to Aruna Iyengar who is in the newsroom. There has been a lot of controversy about how the police dealt with this, and indeed their subsequent response. Yes. Dealt with this, and indeed their subsequent response. Dealt with this, and indeed their subsequent response. Yes. The latest news on that subsequent response. Yes. The latest news on that is subsequent response. Yes. The latest news on that is that subsequent response. Yes. The latest news on that is that the subsequent response. Yes. The latest news on that is that the Campaign News on that is that the campaign for
Had been taken hostage during the incident. Derbyshire constabulary said in a statement a Police Officer was taken to hospital earlier this evening for treatment for an injury which is not life threatening. We can confirm that no officers or other members of the public are currently being held hostage. The area remained cordoned off overnight with police dogs on the scene and a large number of officers. Police said they would remain in the area as a precaution for the safety of the public and said they will provide further information as soon as they can. Louisa pilbeam, bbc news. The Energy Security and zero minister has defended the governments target and tackling Climate Change. The Energy Security and net zero secretary, Claire Coutinho, has defended the governments record on tackling Climate Change. She was responding to comments by the outgoing head of the governments Climate Change advisers, chris stark, who said rishi sunak had set back progress towards net zero Carbon Emission
For advanced weapons and Defence Systems. President zelensky said the Military Aid Package would give his country a chance of victory in its war against russia. Translation i think this support will really strengthen the armed forces of ukraine, and we will have a chance for victory if ukraine really gets the Weapons System which we need so much, thousands of soldiers need so much. And this aid should notjust to be sprayed in a thin layer all over but it has to end up in tangible Weapons Systems. Many ukrainians have taken to social media to thank the us for the funding. This is what residents in the capital told the bbc. Translation of course it is not too late. In any case, it is needed, and whether it would be later or earlier, in any case it will help. Translation it will help a lot, i i think our guys will be alive, l thats the most important thing, the most important, so that we have something to defend ourselves with both the people and our boys, they are our guardians, they are
If i could ask you to stand there, please. Thank you very much. In that case, sir, when the crowd has gone, ill happily escort you out. Gideon falter told the bbc how shocked he was at what happened. I think its time for sir mark rowley to go. He has had long enough to get to grips with the situation, to get his police force under control, to tell his front line officers, dont worry, we are going to send enough police to back you up so that you can make the right decisions. And instead, he hasnt done that. And because of that, he has to go. The time has come. A little earlier our reporter Angus Crawford outlined the pressure now lying upon the met police commissioner. Well, its been very interesting. Here in london, since the 7th of October Attacks and israels response, if you like, the politics of The Middle East has been played out on the street every weekend with demonstration and counterdemonstration. The met police has come under huge pressure to get the balance right. What balanc