the state back to deal. it s hope the deal will sure up confidence in the global banking system after the collapse of to us lenders. this was finance minister, karen keller, sorta says the agreement was necessary to provide financial stability. the bankruptcy of a global systematically important bank would have cross irreparable economic term oil in switzerland and throughout the world. for this reason, switzerland had to take the responsibilities beyond its own borders. these efforts have paid off the federal counselors can wait inst that u. b s. takeover of credit suisse has laid the foundations for greater stability, both in switzerland and internationally. chinese president sheeting thing is said to travel to moscow on monday for a 2 day visit. russia s president vladimir putin has welcomed what he calls china s constructive role and trying to in the ukraine war and says he has high expectations for the talks. we just one day out to the international criminal court issued
our top story, the south switzerland s largest bank you be asked is agree to buy its troubled rival credit suisse for $3200000000.00. deal includes more than a $100000000000.00 in liquidity assistance from the swiss central bank. regulators had been pushing for a deal to restore confidence before the financial markets open on monday. fairs of contagion are running high after the collapse of u. s. land, a silicon valley bank and signature bank. on friday, the liquidity outflows, and market volatility shows that it was no longer possible to restore the necessary confidence and the swift and stabilizing solution was absolutely necessary. and the solution is that the color of credit history is by you bias. it is supported by the for the right council. following several meetings. we for the 1st national bank. we ve our regulator or the 5th mark. we ve producers and you ll be us. and the for you, i ll concede, welcomes the stakeholder and is supporting it s by guaranteeing the fram
i would go back 20 years, but i ve got women are 5. we will struggle on site and we will never allow our business to be lost or place back nation. we have always fall and we will continue to fight. ah, hello again to headlines on al jazeera this hour. it s been 20 years since the start of the us led invasion of iraq, the toppled president. saddam hussein, the military operation was launched without un support. unlike the 1st gulf war and the invasion of afghanistan, some a bon jovi, reports from baghdad about the war in iraq, which is left a negative legacy. iraq is now has a population which is 25 percent below the poverty line, a number which has been increasing in the last few years, economically, socially and along thick darian lines. iraq is now divided. people have not been able to rebuild their lives as they did. they used to have them before 2003 the us led invasion. yes, people will tell you things of improved, but in comparison to what they ve lost, they seem no rea