voice-over: live from our studio in singapore, - this is bbc news. it s newsday. welcome to our viewers on pbs in america, and around the globe. eleven 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. the us treasury secretary, janet yellen, insists the rescue deal is evidence of resilience in the country s banking system. ican i can reassure the members of the committee that our banking system is sound, and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commitment to ensure that our financial system remains strong, and that depositors s savings remain safe. our north america correspondent, peter bowes, told us what prompted janet yellen to strike such an upbeat note. for about a week now, since the collaps
the chinese owners, bytedance, deny passing users information to the chinese government. the uk is following the us and european commission in banning the app from government devices. now on bbc news, the programme, fault line: the un and the quake in syria. screaming. the earthquake strikes. un aid arrives in turkey immediately, but take several days to reach northwest syria. bbc news arabic investigates. un teams are supposed to deploy within 48 hours of a request. in northwest syria, that didn t happen. what matters in terms of responding to an earthquake is time and what the sort of, the immediacy of the response. and the un just stood there, like, completely paralysed. in this film, we ask, what took the united nations so long? to deliver humanitarian aid across an international border, we need either the consent of the government or in the case that we have in syria, a binding security council resolution. on monday, the 6th of february 00:47am, an earthquake of magni
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 a half of 1%. us treasury secretary janet yellen insists the us financial system remains sound, despite a series of bank collapses. let s cross to los angeles, and speak to our north america correspondent, peter bowes. peter bring us up on what the latest is and what is going on. it clearly is a big boost for first republic was that there were fears it could go under just 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 banker in california, in los angeles, over the
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 it cou
under your pillow, what are your thoughts? 50 under your pillow, what are your thoughts? under your pillow, what are our thou~hts? ., , your thoughts? so we have been on day two. your thoughts? so we have been on day two, today, your thoughts? so we have been on day two, today, thursday, . your thoughts? so we have been on day two, today, thursday, of| on day two, today, thursday, of the budget. the big picture thing is that some of the think tanks, westminster s brains beyond government have been crunching through it and they have concluded what many a newscaster will know as the kind of bleeding obvious really, but they presented in the spreadsheet and the rest of it, which is that times are really tough people, that wages are squeezed, living standards are squeezed, living standards are squeezed, living standards are squeezed, that household income is squeezed and will be for a while, that the tax burden is the highest it has beenin burden is the highest it has been i