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BBCNEWS BBC News July 6, 2024

hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very q ....

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BBCNEWS Breakfast July 6, 2024

will be finding out what people make of the chancellor s announcement. there s big changes to pensions to encourage people like doctors to stay in work butjeremy hunt s plans prompt accusations his budget favours the rich. check before you travel. rail workers in the rmt union take part in another strike in their discpute over pay, jobs and working conditions. no miracle in madrid for liverpool as they lose their second leg against real and are knocked out of the champions league humbled 6 2 on aggregate. and we hear from kate middleton s childhood piano teacher, who s written a song for the nation to sing on king charles s coronation day. good morning. a much milder day for most of us today, compared to yesterday, but it is going to be cloudy with some showers, and longer spells of rain at times. the chancellor, jeremy hunt, insists his budget will get people back to work and won t just benefit the rich saving for retirement. his comments come after labour criticised his pla ....

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BBCNEWS BBC News July 6, 2024

but he added that the roman catholic church couldn t permit same sex marriages. and who ll claim the major prizes at this year s grammy awards? all you need to know about music s biggest night. hello, welcome to bbc news. iran s supreme leader is pardoning a large number of prisoners, including some of those arrested during the past months of protests. the pardon by ayatollah khamenei comes on the eve of the anniversary of the islamic revolution in 1979, a date on which he regularly offers an amnesty to some prisoners. but the iranian state media says it excludes those facing charges of spying for foreign agencies, murder and bodily harm, as well as the destruction or arson of state property. taraneh stone from the bbc s persian service says those freed have several conditions attached to their release. the supreme leader has agreed to pardon and commute sentences of tens of thousands of people who are in prison or who are waiting for sentences. the letter from the judi ....

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BBCNEWS BBC News July 6, 2024

warwickshire. in cambridge we have already seen more than 2.5 times the rainfall we d normally expect in a typical march. looking further north to orkney, up to 9am here we had only seen a surge of the rainfall we d normally expect that there rain gauges have had a top up today, this band of cloud pushing northwards across orkney and shetland, bringing outbreaks of rain, then a mixture of sunshine and showers that here comes the next rain bearing weather system pushing into northern ireland, parts of west wales and south west england by the end of the day, the breeze and strengthening too. hefty showers elsewhere, very mild, ii and strengthening too. hefty showers elsewhere, very mild, 11 degrees. in a way and perhaps 16 in hull, really mild for the time of year 11 degrees in stornoway. heavy rain over the hills in south west england, wales, north west england and western scotland where gales will develop by the end of the night, turning very when she windy for we ....

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BBCNEWS BBC News July 6, 2024

and political ties between the two countries following talks between the two in moscow. at a news conference in the last hour and a half, the pair announced increasing economic partnerships, and said they would deepen co operation between their armed forces. president putin praised china s plan to end the war in ukraine, saying the proposals could form the basis for a peace settlement. however there were no further details of the plans, and they are unlikely to be acceptable to the ukraine government. the russian leader said moscow would help chinese businesses replace western firms that had abandoned operations in russia due to sanctions. president xi, meanwhile, described their discussions as friendly, frank, and fruitful. it s the chinese leader s second day in moscow our diplomatic correspondent caroline hawley sent this report earlier. it s a visit being watched around the world for what its global consequences could be. according to the chinese president, hi ....

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