Here in the United States, canada, and Around The World, im Kim Brunhuber. This is cnn Newsroom Israel targets beirut after issuing Evacuation Orders for parts of the lebanese capital as hezbollah fires back across the border entails in the live report with less than one month until Election Day, Donald Trump returns to butler, pennsylvania, the site of an Assassination Attempt against him. Earlier this Year And Kamala harris visits, the devastation caused by Hurricane Helene as a new Storm Heads towards areas only beginning to rebuild newsroom with Kim Brunhuber and we begin in The Middle East where fighting is raging on multiple fronts and fears of a bigger war are growing. Justice, israel prepares to mark the anniversary of the Hamas Attack on October 7, a short time ago, israels military announced that its surrounding the Jabalya Refugee Camp In Gaza. It says hamas was detected the area trying to rebuild its operational capabilities. The idf says, its working to stop that from happ
extraordinary effort to reassure americans that the u.s. banking system is safe plus, poland is set to become the first country to send fighter jets to ukraine. it comes amid new reporting that china s leader will visit russia next week. those new developments are also straight ahead. and donald trump goes off on a frenzied defense amid a series of investigations. we will have the latest on the probes involving the former president. good morning and welcome to way too early on this friday, march 17th happy st. patrick s day. i m jonathan lemire. thanks for starting your day with us. in the words of cnbc, wall street rides to the rescue 11 of the country s largest banks are depositing a total of $30 billion to first republic bank to avoid a third collapse of the u.s. bank in less than a week first republic serves a similar clientele as silicon valley bank and signature bank, both of which failed in recent days. those banks had a high number of uninsured deposits as d
questions on the health of the u.s. banking system. 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. clearly the downfall of the bank, the reason it had to be closed, was that it couldn t meet depositors depositors withdrawal requests. because their capital was losing value and they were not able to access their capital and i attribute that to the interest rate hikes we are seeing in the face of inflation. am i wrong in that well, my understanding is that the bank to meet liquidity needs had to sell assets that it expected to hold to maturity and given the interest rate increases that have occurred since those assets, including treasuries and government-backed