welcome to newsday, reporting live from singapore, i'm karishma vaswani. the headlines. the race to recover the wreckage of an american surveillance drone downed over the black sea. financial regulators in switzerland say they are ready to support lender credit suisse after its shares plunged, rattling european markets. authorities in pakistan pause their attempts to arrest the opposition leader, imran khan, after clashes between police and his supporters. and as bali announces plans to ban foreign tourists from renting motorbikes — we find out what the impact is on the ground

welcome to bbc news. our top story today: the us defense secretary says he had a rare phone call with his russian counterpart — in the aftermath of a collision between a russian fighterjet and a us drone. the race is now on to recover the wreckage of the drone which is thought to be twelve hundred metres deep in the black sea. russia has also said it will try to find the wreckage. meanwhile, america's top general said the whole incident was a result of russia's increasingly aggressive behaviour in the area. us defense secretary lloyd austin gave this update earlier. as i've said repeatedly, it's important that great powers be models of transparency and communication. and the united states will continue to fly into operate where ever

international law allows. and it is incumbent upon russia to operate its military aircraft in a safe and professional manner. our diplomatic correspondent, james landale has this report from kyiv. this is the kind of unmanned aircraft that crashed. and in few nine reaper patrolling the skies. an mq nine reaper patrolling the skies. gathering information about the one below flown will remotely. this is the type of russian warplane the us claims struck the drone — an su 27 fighterjet which encountered the aircraft yesterday. us commanders said the russian planes flew in front of the drones several times and dumped fuel over it. afterwards, the drone�*s propeller was struck, spinning out of control.

but russia denies causing the crash. described as sharp manoeuvres. translation: i want to underline russian fighterjets did not use . the onboard weapons, did not come into contact with the unmanned aerial vehicle and returned safely to base. ukraine's foreign minister played down the risk of an escalating cofrontation between two of the world's nuclear superpowers. as long as russia controls crimea, this kind of incident will be inevitable, and the black sea will not be a safe place. the only way to prevent such incidents is actually to kick russia out of crimea. do you fear escalation? no, i think it'sjust routine incidents. it's happening from time to time. us spokesman said steps are being

taken to protect the wreckage, but expected it might be too deep underwater. russian officials expressed confidence they could discover what was left. i'm joined now by former us marine chief of staff in europe, brendan kearney in santa rosa, california. great to get from the programme. your view, was this accident or deliberate?— your view, was this accident or deliberate? ., , , ., , deliberate? good to be with you but to answer your _ deliberate? good to be with you but to answer your question. _ deliberate? good to be with you but to answer your question. it - deliberate? good to be with you but to answer your question. it was - to answer your question. it was deliberate. it was a deliberate effort that resulted in inadvertently with the russian fighter aircraft striking the drone. it is a sad situation but it is not unusual in the world of intelligence gathering. unusual in the world of intelligence anatherin. ., j unusual in the world of intelligence antherinn. ., j ,., unusual in the world of intelligence nantherin. ., j ,., , gathering. now they're both trying to rescue remnants _ gathering. now they're both trying to rescue remnants of— gathering. now they're both trying to rescue remnants of the - gathering. now they're both trying to rescue remnants of the drone . gathering. now they're both trying l to rescue remnants of the drone and from your experience, how concerned is the us going to be if this does

end up in a rushing hands —— russian hands? end up in a rushing hands -- russian hands? ., ., �* , . ., hands? that won't be much worthwhile other than the — hands? that won't be much worthwhile other than the embarrassment - hands? that won't be much worthwhile other than the embarrassment of - other than the embarrassment of having a sophisticated drone ending up having a sophisticated drone ending up in the water and the russians were covering it. the electronic surveillance package as we know from cell phones and computers is once you get those wet particularly with saltwater affecting them, they are going to be virtually useless other than they will look good on somebody�*s desk for a media event. the aircraft itself, we've had a couple of dozens of those shot down over the years since they were first introduced and the russians, the chinese, the adversaries from roy divorcing this aircraft in bits and pieces before. so, i don't think they'll get an intelligence when fall out of it, i may be wrong but it will be embarrassing if the

russians to get to it first. embarrassing indeed but do you think he'll be more caution going forward to? to see the us and its allies, becoming more cautious of undertaking these in the future? i don't think of the us will make an effort to do so in terms of trying to be more forthcoming. international airspace, that is what the united states has said is probably willing to stand by that. we've had incidents in the black sea before that of really been navigation issues between the old soviet navy and the russian navy in the us navy. mr treats it as its own lake but it's also been aerial incidents that have occurred over the years and in asia, we've had one in the facility to make the sanity of the island where a chinese jet

because the downing of a us aircraft for that to make an emergency landing on an island and unfortunately, the chinese pilot died as a result of his own incompetence. so, these things happen. and as long as you're in international airspace and the high seas, i think were going to continue to see these operations ongoing. russia doesn't the united states on regular basis and this is not unusual. ., ~ regular basis and this is not unusual-— regular basis and this is not unusual. ., ,, . ., unusual. thank you so much for “oininn unusual. thank you so much for joining us _ unusual. thank you so much for joining us on — unusual. thank you so much for joining us on the _ unusual. thank you so much for joining us on the programme. l the british chancellor, jeremy hunt, has pledged to "build for the future" in his first budget — promising it will deliver economic growth. he told mps that the country's financial forecast has improved, and the economy will avoid going into recession. he also said inflation was now predicted to fall to just under 3

per cent by the end of the year. the opposition labour party accused the conservatives of �*sticking plaster politics'. here's our political editor chris mason. when will things actually get better, chancellor? there have been rather a few chancellors of late — here is the current one, jeremy hunt, the fourth in a year, and a big personal moment. at one end of downing street, his wife and children. at the other end, out on whitehall and beyond, this again. striking workers, schools closed, demonstrations. do you have money to end the strikes, chancellor? the answers, or lack of them, would come down the road in parliament. the overall message, things are tough but improving. i report today on a british economy which is proving the doubters wrong. the uk will not now enter a technical recession this year.

soaring energy bills have been a massive factor in crippling family finances in the last year. the government's help to ease the burden is to be extended until the summer. this measure will save the average family a further £160 on top of the energy support measures already announced. here is another choice the chancellor has made, maintaining the 5p a litre cut in fuel duty and not putting it up in line with rising prices. that saves the average driver £100 next year and around £200 since the 5p cut was introduced. the headline rate of corporation tax is going up, not popular among all his mps. businesses will pay less, though, if they put money into their future growth. that means that every single pound a company invests in it equipment, plant or machinery can be deducted in full and immediately from taxable profits. a big part of this budget is getting

more people into work. there are measures to help those with disabilities and 50— and 60—somethings tempted to retire. now they will be able to save more in a pension, tax—free every year and the chancellor will. .. abolish the lifetime allowance altogether. it is a pension tax reform that will stop over 80% of nhs doctors from receiving a tax charge, incentivise our most experienced and productive workers to stay in work for longer. critics say it will help the already very well off. childcare has become a big political battleground between labour and the conservatives. mr hunt said this about his plans for england. we will introduce 30 hours of free childcare, notjust for three and four—year—olds, but for every single child over the age of nine months. it is a package worth on average £6,500 every year and reduces their childcare costs

by nearly 60%. but it will not be fully up and running for two and a half years. in the round, ministers want this to be seen as a steady as you go budget. the declinists are wrong and the optimists are right. we stick to the plan because the plan is working and i commend this statement to the house. in response the opposition parties were scathing. managed decline, britain going backwards, the sick man of europe once again. that's the britain they have created and they should look it in the eye. a uk whose performance deteriorated i after the brexit referendum both. in absolute and relative terms. and a country, the only one _ in the g7, where the economy has not returned to its pre—pandemic level. we know that a lot of households are struggling with the prices

at the moment so we really wanted to see him extend also some of the support payments that extend also some of the support payments that have previously been issued to households and businesses. he hasn't done that. it's a real missed opportunity, in our opinion. what do you say to people who say this is a budget for the rich, allowing people who are already well off, already earn a lot, save more into their pensions? of course we want to help older people who want to stay in work and by definition they will generally be on higher salaries, but nearly five times more help is going to young parents. your official forecasters say that the freezing of the income tax thresholds over six years is the equivalent to putting 4p on income tax. you're clobbering people. i thought conservatives were meant to cut taxes. conservatives cut taxes when they can. today i cut corporation tax by £9 billion, but remember this... and raised the headline rate. yes, but, the pandemic, we spent £400 billion to support businesses and families.

how much of today is still about shovelling up the mess of your conservative predecessors? it's not. none of it? no. the financial statistics about the country, they have completely recovered from that. today is about a long—term growth plan. the blunt political truth is conservative opinion poll ratings have not recovered. he, they, have a lot of persuading to do. chris mason, bbc news, at westminster. financial regulators in switzerland say they are ready to provide support for the troubled banking giant, credit suisse, if needed. shares in the bank have plunged twenty four per cent, sparking a wider sell—off in european stocks, which closed down more than three per cent. it comes days after the failure of silicon valley bank in the us. our business correspondent theo leggett says credit suisse is no stranger to controversy. what you must remember is that they are no stranger to trouble. it was

$8 billion last year and it's from scandal to scandal over the past few years that have damaged its reputation and its finances. it is very much seen as one of the week of europe in the banking sector that matters because the entire banking sector is coming under scrutiny in the collapse of silicon valley bank and signature bank in the united states came as a big shock and is focused attention on other banks to see whether the weakness occurred there might occur elsewhere. with all the scrutiny upon it. credit suisse has not come out well. they said that the material weaknesses in their internal controls over financial reporting are not good. its biggest shareholders says it was not able to come up and prop the bank a pending further. so that accentuates the feeling of weakness running credit suisse in those white investors running scared. and share some of forming well because some of the weaknesses that existed in silicon valley bank and signature bank make this elsewhere and if one

bank were to go under, if they are to be a major bank collapsing in europe, what would happen, there be a domino effect? what other banks and follow and that's the real fear at the moment. people are wondering if one bank collapse, what happens next? investors are running scared and shares are down across the board. i'm joined now by patrick reid, foreign exchange trader and co—founder of the consultancy adamis principle. i don't know how much of that you're able to hear but this idea that there could be a domino effect and continuation in the sector. what are your thoughts on that show absolutely. tells great report. and what's around there are very real. not because it comes as a shock as her colleague suggested, everyone knows they have had very bad

practices and from pillar to post and that's not the real problem. the nail in the coffin so to speak was the withdrawal of support from the saudi national bank and this along side with the sucking out of liquidity off the back of the smaller banks like the slick and fiasco, make this type thought further. warren buffett is said when this goes out, you better be wearing shorts and that is absolutely the case with credit suisse. the problem with credit suisse is somebody has to step in and offer support. i have read that report from the swiss national bank we have not had a response yet and so, that will be crucial and i suspect that will be coming tomorrow. i have to ask and many are wondering.— coming tomorrow. i have to ask and many are wondering. these bankers

and ceos are _ many are wondering. these bankers and ceos are supposed _ many are wondering. these bankers and ceos are supposed to _ many are wondering. these bankers and ceos are supposed to be - many are wondering. these bankers and ceos are supposed to be the . many are wondering. these bankers i and ceos are supposed to be the best and ceos are supposed to be the best and brightest of the world. how come they didn't see this coming down the line? if they didn't see this coming down the line? ., , , ., they didn't see this coming down the line? ., , ,., .. ., they didn't see this coming down the line? ., , ., ., line? if one person cannot control such a complex — line? if one person cannot control such a complex and _ line? if one person cannot control such a complex and very - line? if one person cannot control. such a complex and very complicated risk profile, often what you get is a culture and if that is not right and you make one or two bad calls in the get investigated in the news of scandal, it is very difficult to get good talent. you're only as good as your staffing may be the brightest on wall street but that doesn't really count for much because you need a good team around you and have worked with teams and lots of banks and hedge funds but i'm only as good as the team around me and if these systems are not doing it enough

performing, it is a big problem. thank you so much forjoining us on the programme. you're watching newsday on the bbc. still to come on the programme. why bali plans to ban tourists from renting motorbikes. today, we have closed the book on apartheid and that chapter. more than 3,000 subway passengers were affected. nausea, bleeding, headaches and a dimming of vision, all of this caused by an apparently organised attack. the trophy itself was on the pedestal in the middle of the cabinet here. now, this was an international

trophy, and we understand now that the search for it has become an international search. above all, this was a triumph for the christian democrats. of the west, offering reunification as quickly as possible. _ and that's what the voters wanted. this is newsday on the bbc. in singapore. a court in pakistan has ordered police to suspend an operation to arrest the opposition leader, imran khan, until thursday morning. it followed pitched battles between security forces and supporters of mr khan outside his residence in the city of lahore. the confrontation began on tuesday when police tried to arrest

the former prime minister forfailing to appear in court over corruption charges. mr khan says the charges are politically motivated. 0ur correspondent caroline davies sent this report from mr khan's residence: this is imran khan's on but the remnants of what happened to have not left. the charred remains of burnt chairs, we know from eyewitnesses that there were rocks and sticks used by imran khan's party supporters and we know the police used water cannons and tear gas and the tear gas you can still see in the in the back of your throat. and they arrived intending to arrest imran khan because they say he did not turn up to multiple court appearances and he said he did not appear because of security

concerns and he is concerned of his own safety of turning up to those courts. they said the police operation has been temporarily suspended and that is because the super leak which is a cricket tournament that is ongoing in the semifinal is happening tonight and at the moment, this sort of disruption means that the support here have not suggested that they are going to go anywhere. let's take a look at some other stories in the headlines. floods have hit parts of south—east turkey already struggling to recover from february's earthquake. the deluges have killed at least 10 people with the province of sanliurfa receiving a third of its annual rainfall in just two days. an explosion at a coal mine in central colombia has killed at least 11 people. officials say several others were trapped in the mine's tunnels. it is thought about thirty people were underground

at the time of the blast. widespread public sector strikes took place in england over pay, pensions and working conditions. among those taking action were teachers, junior doctors, civil servants and local bbc staff. unruly tourists can be a hassle for well—known holiday destinations and well, that seems to be the case for bali — which has announced plans to ban foreign tourists from using motorcycles to get around the indonesian island. that's after more than 170 cases involving people breaking traffic laws were reported in a month. for more on this, we can speak to indra bhaskara, senior lecturer specialising in tourism at the university of udayana in bali. there's been a lot of controversy about this is the announcement was made. is this a good idea, do you think? ., ~

made. is this a good idea, do you think? . ~ , ., , ., think? thank you. the statement, cominn think? thank you. the statement, coming together _ think? thank you. the statement, coming together with _ think? thank you. the statement, coming together with the - coming together with the stakeholders to discuss the best possible solution and professional law enforcement to give a solution to this that come to bali is not a good idea. to this that come to bali is not a good idea-— to this that come to bali is not a nood idea. ~ ., _, good idea. where did the idea come from in terms _ good idea. where did the idea come from in terms of _ good idea. where did the idea come from in terms of a _ good idea. where did the idea come from in terms of a solution - good idea. where did the idea come from in terms of a solution of - from in terms of a solution of preventing come what kind of discussion have been taking place on the island about this?— the island about this? there still under review _ the island about this? there still under review or _ the island about this? there still under review or under _ the island about this? there still under review or under in-depthl under review or under in—depth study. we have to do isn't post more strict rule and using this before,

you want to be free to use any more transportation and coming to bali helicopter, ifeel that transportation and coming to bali helicopter, i feel that there transportation and coming to bali helicopter, ifeel that there is more inbound. so, it shows its been. more inbound. so, it shows it's been. �* ., , ., ., , more inbound. so, it shows it's been. �* ., , ., ., ., been. i'm not sure how many of our viewers able — been. i'm not sure how many of our viewers able to _ been. i'm not sure how many of our viewers able to get _ been. i'm not sure how many of our viewers able to get on _ been. i'm not sure how many of our viewers able to get on helicopters. l viewers able to get on helicopters. those who can, and it is a very exciting journey, those who can, and it is a very excitingjourney, i'm those who can, and it is a very exciting journey, i'm sure. those who can, and it is a very excitingjourney, i'm sure. but those who can, and it is a very exciting journey, i'm sure. but in terms of solutions, for announcing the academy _ solutions, for announcing the academy emissions - solutions, for announcing the academy emissions and - solutions, for announcing the - academy emissions and especially there will be objections from.

0bjections motorcycle rentals, what they think troops will do instead? are they expected to get around? the best are they expected to get around? tue: best possible are they expected to get around? tte: best possible solution are they expected to get around? "tte: best possible solution and are they expected to get around? t'te: best possible solution and on are they expected to get around? tte: best possible solution and on the streets to just watch and look at the taurus and wearing helmets and driving carefully, something like that. and implemented this was not, at a time where there were not many youngsters are young people coming to bali. fist youngsters are young people coming to bali. �* , , a, to bali. at the university in bali, make you _ to bali. at the university in bali, make you so _ to bali. at the university in bali, make you so much _ to bali. at the university in bali, make you so much for _ to bali. at the university in bali, make you so much forjoining . to bali. at the university in bali,

make you so much forjoining us| to bali. at the university in bali, - make you so much forjoining us that brings us to the end of newsday at this hour and thank you forjoining me and to stay with bbc news for the latest global headlines and analysis. hello. mild air has been spreading across the country. it's brought a lot of cloud, outbreaks of rain. we had some transient snow also in the highlands and the pennines, but even that is now turning to sleet and rain. early morning temperatures will be around 10 degrees in plymouth and also belfast, but still a little on the chilly side in parts of northern scotland, around 2 degrees. you can see where the rain is heaviest in the morning. also rain elsewhere. but sunny spells will develop through the afternoon, for example, in northern ireland, but also heavy showers, possibly thundery ones. towards the south—east and east anglia, one or two glimmers of sunshine also possible in the afternoon. and it will be mild right across the board, temperatures typically around 13 to 15 degrees.

in the north of scotland, still chilly — around 7, for example, in stornoway. now, friday is going to be every bit as mild but often cloudy, outbreaks of rain from time to time, but one or two sunny spells as well. hello, i'm marc edwards with your sport. and we start in the champions league, where there was no miracle in madrid as liverpool's european dream is over for another season. trailing 5—2 from the first leg against real madrid,

it was always going to be a tough ask, and it was the spanish side who came closest to scoring first in the return leg. liverpool did have their chances — cody gakpo with perhaps their best effort — but it was real who finally made the breakthrough, karim benzema with a simple finish, as his side won 1—0 on the night and 6—2 on aggregate. they're into the quarterfinals. over in italy, napoli eased to a 5—0 aggregate win with another dominant display over eintracht frankfurt. victor 0simhen scored twice to help them on their way to a 3—0 victory, sending the serie a high—flyers through to the last eight for the first time in their history. two games in the premier league tonight that had a big impact on the teams fighting relegation. crystal palace remain just three points above the drop zone after a 1—0 defeat at brighton. and southampton stay bottom after a 2—0 loss at brentford. nathan tella starred for burnley,

as vincent kompany�*s side edged closer to an immediate return to the premier league. the forward scored a hat—trick as the championship leaders beat hull city 3—1. it moves burnley 19 points clear of middlesbrough in third spot and means the clarets need just three wins from their final nine matches to seal promotion. and there was a significant win for sheffield united in their charge for the second automatic promotion place. they beat sunderland 2—1 at the stadium of light, a victory which sees them move six points clear in second place. now to day two of the cheltenham festival, where energumene won the queen mother champion chase for the second year in a row, coming home on a rainy day at the course, where our sports correspondent andy swiss was watching. anything but a soggy performance from energumene, as he romped clear to win the big race, the champion chase, for the second year running. there had been a few questions about energumene in the build up because he didn't look too impressive in his last race,

where he finished only third. but there was certainly no doubt he would win the race. it was an extraordinary performance from him, as he charged clear to win by some ten lengths. a brilliant performance from energumene — ridden by paul townend, trained by willie mullins, owned by the owner of brighton & hove albion, tony bloom. the big highlight tomorrow is the stayers' hurdle, where all eyes will be on flooring porter, who is going for a hat—trick of wins in the race. he won it in 2021, won it in 2022 — can he win it in 2023? he's not been in the best of form over the last 12 months, and he'll face plenty of high—quality opposition, including another former champion in paisley park. so while energumene took the headlines in the big race of the day, it was also a day to remember for one teenage jockey. 18—year—old john gleeson, on his first ever ride at cheltenham festival, provided the fairytale finish to day two — by winning the final race aboard the aptly named a dream to share!