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welcome to our viewers on pbs in america and around the globe. the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes that the problems of us banks would stay in the us have not panned out. shares in switzerland second largest bank credit suisse dropped to record lows. we should point out that credit suisse is a bank that has been terminal for years. credit suisse is a bank that has been terminalfor years. as one analyst put it it has been a slow moving car crash. two new things have happened to spook investors. the bank said there was material weakness in its financial reporting and its top supporter ruled out lending it any more money. all this adds to concerns ....
security forces in somalia say they re sweeping a hotel in the capital, mogadishu, for explosives after ending a 30 hour siege by islamist militants but there has no independent confirmation. al shabab militants stormed the hayat hotel on friday. our reporter, emily brown, gave me the latest on the story. we know that dozens of people were evacuated from the building, which is said to be popular with both journalists and pop as politicians. the siege lasted for 30 hours with the gunman holding hostages. we have seen some footage which we can show you an inner ear can the gunshots. this is clearly an intense battle for control and it is not known how many people died during the siege and witnesses say at least 20 and witnesses say at least 20 and one of the reported victims is the hotel owner although this has not been confirmed. earlier security official said 13 had been killed. the militant group alsa bad said some of the fighters managed to escape al shabab but a ....
hello and welcome to bbc news. security forces in somalia say they re sweeping a hotel in the capital mogadishu for explosives after ending a 30 hour siege by islamist militants. but there has no independent confirmation. at least 12 people were killed in the deadly 30 hour ordeal, although local media reports the death toll could be even higher. emily brown reports. the crackle of gunshots penetrating the mogadishu air. a crumbling hotel in the somali capital under attack after it was stormed by an islamist military group on friday night. al shabab attackers detonated al sha bab attackers detonated at least al shabab attackers detonated at least two bombs outside the hotel before making their way in. the deadly siege lasted 30 hours. the hotel is known for being popular with journalists and politicians. gunman held hostages inside. some were rescued. many needing hospital treatment. al shabab is the main islamist militant group in somalia. it has engaged a long running ....
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