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BBCNEWS BBC News July 6, 2024



welcome to our viewers on pbs in america and around the globe. a group of big american banks has injected $30 billion into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two month low after the eurozone s central bank hiked interest rates by 0.5%. our north america correspondent peter bowes has more. this clearly is a big boost. there were fears he could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive because first republic alive because first republic is a very prominent bank here in california in los angeles, over the last few days we have seen people queueing outside to take their money, their investments out of that bank and placed them with other larger banks, such as been their concern that ....

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BBCNEWS BBC News July 6, 2024



11 of america s biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure as a result of market turmoil. our north america correspondent peter bowes has more. well, this clearly is a big boost. there were fears it could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic is a very prominent bank here in california, in los angeles. over the last few days, we have seen people queueing outside to take their money, their investments out of that bank and place them with other larger banks, such has been their concern that it could go under. there has been a ripple effect, if you like, throughout the banking communities, and a ripple effect that we have seen really now go right across ....

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BBCNEWS HARDtalk July 6, 2024



earlier, the uk, the us and the european commission announced similar bans over security concerns. the chinese owners bytedance deny passing users information to the chinese government. now on bbc news, hardtalk. welcome to hardtalk. i m stephen sackur. ever since the failure of the so called oslo process to deliver a lasting israeli palestinian peace, that conflict has been a matter of mutual recrimination and sporadic violence. but now, the conditions seem ripe for something different, something worse. israel has the most far right government in its history. palestinian disillusion with the status quo seems to be stoking militancy. my guest is palestinian politician, physician and civil rights activist mustafa barghouti. what, if anything, can the palestinians do to improve their situation? mustafa barghouti in ramallah, welcome to hardtalk. thank you. nice to be with you. thank you. good to have you on the show. let s start with the situation in the west bank, where ....

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BBCNEWS HARDtalk June 4, 2024 04:30:15

Transcripts for BBCNEWS HARDtalk 20240604 04:30:15
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