the temperature up here in the alps is rising by about twice the global average. it s already increased by 2 degrees celsius. and 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by rival swiss bank ubs in a deal brokered by the swiss government over the weekend. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial
both xi and putin have mentioned the ukraine one but also this process of peace talks means it is in all likelihood going to be front and centre when they have their talks in the coming days, you would love to be there when they are speaking behind closed doors, what will xi be saying to putin about the war really, will he be saying it is time for russia to pull back might he suggest you can keep going argo in hard up and beijing will find a way to back you. i m nowjoined by professor sergey radchenko, who teaches at thejohn hopkins school of advanced international studies. he s an expert in russia s foreign relations. i don t know if you could hear stephen there, but is your sense that president xi is there to show
but also this process of peace talks means it is in all likelihood going to be front and centre when they have their talks in the coming days, you would love to be there when they are speaking behind closed doors, what will xi be saying to putin about the war really, will he be saying it is time for russia to pull back might he suggest you can keep going or harder and beijing will find a way to back you. i m joined now by george magnus who s an associate at the china centre at oxford. he s also the author of red flags: why xi s china is injeopardy . thank you for your time, and i want to mention a news line in the last few minutes that in response to the icc case against president putin russia has said they have opened a criminal case against the iccjudges
large, bordering so many countries with so many border disputes, that it needed to reassure the world. winston churchill once said russia was a riddled wrapped in a mystery inside an enigma. but china is a cornucopia, vast, teaming land full of contradictions. say anything about china, and you can find it in there and its opposite. will xi be able to control this sprawling country and force it along the lines he wishes? so far he s succeeded at home, but in doing so, he s making life for that average chinese couple less open and one in which their country is less admired. xi has changed china, but in a way that makes its rise on to the world stage far more dangerous. i m fareed zakaria. thanks for watching.