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Transcripts For BBCNEWS World Business Report 20240706

let s now get down to business and the drama that let s now get down to business and the drama that has let s now get down to business and the drama that has been unfolding over the weekend in switzerland is dominating once again. they ve had fraught negotiations as the authorities, the central bank and leaders of two of its biggest banks tried to reach a deal to prevent another damaging financial crisis. late on sunday it was announced. the troubled bank credit suisse has been taken over by its rival ubs in a government backed rescue worth over $3.1 billion. that s less than half the value of credit suisse at the close of trade on friday. the deal s been widely welcomed, including by the bank of england, the european central bank and in the us. switzerland s central bank wanted to prioritise financial stability and protect the swiss economy. here s the chief executive of ubs. translation: it means we bring back stability translation: it means we bring back stability and

Transcripts For BBCNEWS Newsday 20240702

some signs that the temporary ceasefire agreement due to end in a day s time could be extended. hamas and us presidentjoe biden have said they would like to see an extension, but the israeli prime minister said he was open to the idea but has also warned that the war will resume at the end of the deal. 0ur senior international correspondent aurier garin has more. rejoicing in israel after the darkness of recent weeks. the latest group of hostages freed from gaza waved to supporters as they are welcomed home. both israel and hamas are signalling their deal could be extended to free more of those being held. for reunions like this, after 50 days apart. young hostages finally home. emily hand embraced by herfather, thomas, who at one stage believed her dead. now she is free and, he says, doing well. yesterday, we finally got emily back from the hands of the gazan terrorists. she s lost a lot of weight. from herface and body. but generally doing better than we expected. emily s f

Transcripts For BBCNEWS BBC 20240702

hostages come out and search more humanitarian relief into those who are in need in gaza. we ll hear more on the possibility of that extended truce later, from our correspondent on the ground. it all comes as m more israelis held by hamas including nine children as well as three foreign nationals were released on sunday. among them is abigail idan, the first us citizen to be freed. she was just three at the time she was taken hostage, and she spent her fourth birthday in captivity. her parents were killed by hamas gunmen during the october 7th attacks. members of her family have released a statement, saying. we hoped and prayed today would come. the family also thanked the qatari and us governments for helping to secure her release. here s her grandfather, speaking earlier. translation: it was wow . i couldn t believe translation: it was wow . i couldn t believe it translation: it was wow . i couldn t believe it until- translation: it was wow . i couldn t believe

Transcripts For BBCNEWS BBC 20240702

hostages come out and surge more humanitarian relief in to those who are in need in gaza. we ll hear more on the possibility of an extended truce later, from our correspondent on the ground. it all comes as m more israelis held by hamas including nine children, as well as three foreign nationals were released on sunday. among them is avigail idan the first us citizen to be freed. she was just three at the time she was taken hostage, and she spent her fourth birthday in captivity. her parents were killed by hamas gunmen during the october 7th attacks. members of her family have released a statement, saying. the family also thanked the qatari and us governments for helping to secure her release. here s her grandfather, speaking earlier. translation: it was wow . i couldn t believe it until i saw her. i simply couldn t believe it. now i m a bit more relieved. not relieved completely, because there is happiness mixed with missing abigail s parents. there are other people w

Transcripts For BBCNEWS Newsday 20240702

day of the temporary truce with hamas. whilst 39 palestinian women and children were released from israeli prisons. hamas and president biden have said they would like to see an extension of the current four day truce but the israeli prime minister has maintained that his country will return to war. our senior international correspondent orla guerin has more. rejoicing in israel after the darkness of recent weeks. the latest group of hostages freed from gaza waved to supporters as they are welcomed home. both israel and hamas are signalling their deal could be extended to free more of those being held. for reunions like this, after 50 days apart, young hostages finally home. emily hand embraced by herfather, thomas, who at one stage believed her dead. now she is free and he says, doing well. yesterday, we finally got emily back from the hands of the gazan terrorists. she s lost a lot of weight from my face and body. but generally doing better than we expected. emily s family

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