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to allow millions of tonnes of grain exports from ukraine is extended just a day before it was due to expire. and chipping away at a new trade deal, the uk bets big on a semiconductor agreement with deal, the uk bets big on a semiconductor agreement with japan. hello, welcome, this is world business report, i m ben thompson and good news for the world, that is how the un secretary general as described an agreement with russia to continue allowing ukrainian grain exports via the black sea for another two months. the existing deal was arranged lastjuly, designed to tackle a global food crisis that was caused by russia s invasion of ukraine. one of the world s top grain exporters is of course ukraine. that deal was due to expire today, thursday. here is what the un chief had to say about the importance to world food supplies. these agreements matter for global food security. ukrainian and russian products feed the world. with the black sea initiative more than 10 million t ....
we ll look ahead to what could be a defining week at the top of the table. after protesters disrupted the world snooker championship, we ll tell you how security s being stepped up at the crucible. i ll be very surprised if the protocols that were in place at the crucible yesterday are in place today. also coming up on sportsday before 7. how a special piece of kit s transforming how one woman s competing at this year s london marathon. we start tonight with the mountain chelsea have to climb if they re to salvage anything from this season. 2 0 down from the first leg, they need at least three goals against real madrid to remain in the champions league. a change of owner, half a billion pounds spent, yet another manager. nothing s transformed chelsea s fortunes so far as patrick geary reports. and so to chelsea s at last remaining bridge, the final road forward in a season of missed earnings runs through real madrid at stamford bridge but they have made things hard for ....
millions of dollars to deal with illegal channel crossings. hello and welcome to bbc news. start in the us where regulators have shut down silicon valley bank, one of the major lenders to tech companies and start ups. in one of the largest banking failures in the us since the 2008 financial crisis. tech correspondent jane clinton has explained how it happened. but forjames. this is one of the days that will go down in silicon valley history and it certainly one of the most stressful days for silicon valley founders in modern times. we spoke to people today who have been able to withdraw their money from silicon valley bank and some haven t. one person put in a wire request yesterday and waited nearly 2a hours and eventually found out they got the money out but another person says they have tried and tried and tried and have not been able to withdraw any funds and say they physically came down to one of these branches to try and get these branches to try and get the mone ....