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quarter of this year the bank s last quarter before it had to be rescued by swiss rival ubs. and they illustrate the scale of the crisis which was around the corner. between january and march, credit suisse made a pre tax loss of nearly $1.5 billion. to add to its woes, a massive amount of deposits were withdrawn in the three month period. total outflow was nearly $69 billion. and to remind you what happened next, when there were fresh doubts about the stability of the banking industry a few weeks ago, investors became increasingly fearful for the future of credit suisse. it was eventually bought by its swiss rival, ubs, in what was described as an emergency rescue. the $3 billion price tag was a mere fraction of what the bank would have previously been valued. let s get more now from russ mould, investment director at aj bell. worryingly for the bank, desposits are still being withdrawn. how significant is that? hello, yes, they did say they feel that the outflows ....
two. let s round up the sport, first. let head to the bbc sport centre and over to govan. yes, thanks indeed. china s sijiahui is through to the quarterfinals of the world snooker championship in sheffield. the 20 year old from china is the lowest ranked player left in the tournament, ranked 80th in the world. he started the day 11 5 frames up against robert milkins. the englishman tried to claw his way back, but has lost in the last few minutes, with the chinese player clinching the game. mark selby s he clinched the match by a 13 7. mark selby s match with gary wilson will also resume this evening. he saidi he said i am sabrosso surprised to get into the quarterfinals and even surprised by myself making it into the crucible stage. ten chinese snooker players face match fixing charges, as an independent panel considers the evidence against them at a hearing that begins on monday. the allegations include manipulating games, approaching players to cheat, betting on snook ....
are being instructed to shelter in place as western governments try to figure out a means to safely evacuate them. also tonight, scientific censorship in china. crucial genetic sequencing that could have helped with the fight against covid, was deleted, covered up or withdrawn under pressure from party officials. we will speak to the new york times investigators. what about the transition to clean power? nine countries meeting in belgium today have commited to building an entire electricity system in the north seas, based on renewable energy. and we will talk about the global addiction to cheap clothing 10 years on from the rana plaza disaster in bangladesh have we improved conditions for some of the poorest workers in the developing world. but first to sudan, a country fast coming apart at the seams. in khartoum it is now a stark choice between hunger and deprivation indoors and the risk of being killed in the street battles outside. there are tens of thousands of fo ....
we think they re the right plans because those plans make our economy competitive. and european countries scramble to protect key infrastructure, following the suspected sabotage of two critical gas pipelines. we start in florida where hurricane ian, a powerful category four storm, is right now making landfall, bringing with it winds of almost 250 kilometres per hour. heavy rain is lashing the west coast. millions of people are braced for catastrophic damage and life threatening storm surges which could be nearly two metres high this is the scene right now in punta gorda. brutal conditions. it s under a state of emergency. the storm had been stregnthening as it hit florida. these are the latest pictures from marco island in florida. and here s the state governor speaking in the last hour. ian will produce hurricane stren-th ian will produce hurricane strength winds and massive floodin-, not ust winds and massive flooding, notjust where it makes the initial landfall but ....
palace celebrates the british monarchs. 70 you ring. ah, in a warm welcome to our viewers around the world. i m michael local. russian president vladimir putin has threatened to target quote objects that we have not yet struck. if ukraine receives western missiles, it isn t clear if he means targets within or beyond ukraine s borders. but his remarks come hard on the heels of a series of powerful explosions in keith as smoke billowed over the city, keith mer vitale. click go confirmed the 1st attacks there in weeks, which go said the missiles had hit infrastructure targets, but there were no fatalities. the attack comes just as life in keith had become to resemble a kind of normality after russia decided to concentrate its forces in the east. i spoke with a d. w correspondent mathias ballinger in kiva short while ago and asked if the capital is worried that this could mark the start of more strikes to come over missile supplies from the west. well, there have been no st ....