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he committed for several months. it s been 20 years since the us led coalition began its war in iraq to topple the dictator saddam hussein we ll assess the legacy. and valencia s streets come to life for a five day festival, celebrating the spanish city s culture, history and people. hello and welcome to the programme. switzerland s biggest bank, ubs, has agreed to take over its troubled rival, credit swiss. the rescue deal follows a weekend of emergency talks between the two banks, after credit suisse saw its value plummet over the past week. banking regulators hope the deal will restore confidence to the financial markets. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. here s the swiss president, speaking at a press conference. on friday, the liquidity outflows and market volatility showed it was no longer possible to restore the necessary confidence, and that the swift and st ....
today a war criminal, whose name is vladimir putin, visited the scene of a crime he committed for several months. it s been 20 years since the us led coalition began its war in iraq to topple the dictator saddam hussein. we ll assess the legacy. and valencia s streets come to life for a five day festival celebrating the spanish city s culture, history, and people. switzerland s biggest bank ubs has agreed to take over its troubled rival, credit suisse. the rescue deal follows a weekend of emergency talks between the two banks, after credit suisse saw its value plummet over the past week. banking regulators hope the deal will restore confidence to the financial markets. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. here s the swiss president speaking at a press conference. on friday, the liquidity outflows and market volatility showed it was no longer possible to restore the necessar ....
president trump or if this was a democrat it should be equal justice in america. and stop going after people because you have political differences. house speaker kevin mccarthy pushing a popular defense within the gop when it comes to a possible indictment for donald trump. we ll have the latest on the former president s legal troubles in new york in just a moment. plus, chinese president xi jinping is in russia this morning meeting with vladimir putin for the first time since the invasion of ukraine. and also ahead, new investigations into tiktok amid allegations that former employees spied on journalists good morning and welcome to way too early on this monday, march 20th i m jonathan lemire. thanks for starting your day and week with us we ll begin this morning in new york where amid mounting legal trouble across multiple states, former president donald trump could be criminally charged for the first time, and that could happen as early as this week acco ....
to $1 billion, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerland s central bank, but that had not prevented a sharp fall in its share price. our business correspondent marc ashdownjoins me now. an urgency around these talks in switzerland to try and facilitate this takeover by ubs. this takeover by ubs. yes, the shares were this takeover by ubs. yes, the shares were sliding this takeover by ubs. yes, the shares were sliding all- this takeover by ubs. yes, the shares were sliding all last - this takeover by ubs. yes, the i shares were sliding all last week and there was a period of a pause for a couple of days when markets have been shut till tomorrow morning, so this has given them time to sort th ....
you are in the cnn newsroom. i m paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland s largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global economic analyst, rana foroohar joins us now. all right, rana, can you explain to us this deal? yeah, absolutely. so a little bit of con context. credit suisse has been a troubled bank for some time. so this, you know, this is a bank that over the last couple of years has had any number of crises. it s been considered weak in the marketplace. even late last year, it was having its own probl ....