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 quickly
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 things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. 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 quickly and remove their funds from banks
seven odd cnn this is cnn breaking news. hello everyone. thanks for joining me today. i m alison chemla, erotic and for frederick a. whitfield, we have breaking news out of florida. nasa scrubbing its plan to launch boeing s starliner spacecraft today you re seeing the aftermath live right now on your screens apparently, and automatic hold was triggered by the ground launch sequencer. that s the computer that launches the rocket. it stopped the countdown clock with three minutes and 50 seconds left. to go. nasa says it is not clear what caused that automatic hold. space and defense correspondent kristin fisher is live at the kennedy space center for us, also with thus we have a colonel chris hadfield, astronaut and retired commander of the international space station. okay. so kristen, what s the latest where do learning on the ground? so right now everybody is focused on the two astronauts onboard this spacecraft, the commander boots hello more, and the pilot, sunny will
okay. now to the israel-hamas war, a new statement by israeli prime minister benjamin netanyahu. today, stress conditions for ending the war, quote, have not changed. but yesterday, president biden laid out a ceasefire proposal and said hamas has been severely degraded at this point. hamas no longer is cable of carrying out another october 7 just wanted to israelis mayes objectiveness war it s time for this war to end for the day after two began are joining me now is joel rubin, former deputy assistant secretary of state for legislative affairs in the obama administration tool. thanks so much for being here it sounds like president biden and prime minister netanyahu have a fundamental difference of opinion and whether the goal of defeating hamas has been achieved. so now what yeah, i ll say it s great to be with you and this is a difference that is really
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